41A, HEMPSTEAD ROAD, HEMPSTEAD, GILLINGHAM, ME7 3RF - £440,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

41A HEMPSTEAD ROAD is a midsized detached house of 127m², built sometime between 1950 and 1966, which could now be worth an estimated £697,393. It was last sold for £440,000 in June 2015, which was around 33% above the average June 2015 detached price in the Medway local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

41A HEMPSTEAD ROAD Sold Prices

Land registry data shows one sale for 41A HEMPSTEAD ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Medway local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 17 JUN	£440,000	£331,813	33% above HPI

What might 41A HEMPSTEAD ROAD be worth now?

41A HEMPSTEAD ROAD might now be worth an estimated £697,393.

This is based on house price inflation of 58.5%, between June 2015 and May 2026, for detached houses, in the Medway local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 58.5% inflationary increase is applied to the most recent sale price for 41A HEMPSTEAD ROAD of £440,000 on 17th June 2015. For the value to have increased from £440,000 to £697,393 over the eleven years and one month to May 2026, the following assumptions must hold true:

• The value of 41A HEMPSTEAD ROAD has moved in line with the HPI for detached houses in the Medway local authority area.
• The June 2015 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 41A HEMPSTEAD ROAD has not materially changed since June 2015.

How Large is 41A HEMPSTEAD ROAD?

41A HEMPSTEAD ROAD is 127m² according to the EPC inspection conducted in August 2014. This puts it in the largest 40% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 41A HEMPSTEAD ROAD lies on this distribution: 60% of detached houses are smaller than 41A HEMPSTEAD ROAD, and 39% of detached houses are larger. Note that EPC data is not available for all properties in Gillingham.

41A HEMPSTEAD ROAD: Plot

41A HEMPSTEAD ROAD sits on a plot of roughly 0.227 of an acre, or 920m².

Where is 41A HEMPSTEAD ROAD?

41A HEMPSTEAD ROAD is located in HEMPSTEAD, in the ME7 postcode district.