8, CHERRY TREE ROAD, RAINHAM, GILLINGHAM, ME8 8JU - £325,000

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.

8 CHERRY TREE ROAD is a midsized extended semi-detached house of 87m², built sometime between 1950 and 1966, which could now be worth an estimated £395,348. It was last sold for £325,000 in December 2018, which was around 14% above the average December 2018 semi-detached price in the Medway local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was B.

8 CHERRY TREE ROAD Sold Prices

Land registry data shows one sale for 8 CHERRY TREE ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-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
2018 14 DEC	£325,000	£285,625	14% above HPI

What might 8 CHERRY TREE ROAD be worth now?

8 CHERRY TREE ROAD might now be worth an estimated £395,348.

This is based on house price inflation of 21.6%, between December 2018 and May 2026, for semi-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 21.6% inflationary increase is applied to the most recent sale price for 8 CHERRY TREE ROAD of £325,000 on 14th December 2018. For the value to have increased from £325,000 to £395,348 over the eight years and seven months to May 2026, the following assumptions must hold true:

• The value of 8 CHERRY TREE ROAD has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The December 2018 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CHERRY TREE ROAD has not materially changed since December 2018.

How Large is 8 CHERRY TREE ROAD?

8 CHERRY TREE ROAD is 87m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the largest 50% of semi-detached houses in Gillingham, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Gillingham, and where 8 CHERRY TREE ROAD lies on this distribution: 53% of semi-detached houses are smaller than 8 CHERRY TREE ROAD, and 45% of semi-detached houses are larger. Note that EPC data is not available for all properties in Gillingham.

8 CHERRY TREE ROAD: Plot

8 CHERRY TREE ROAD sits on a plot of roughly 0.093 of an acre, or 377m².

Where is 8 CHERRY TREE ROAD?

8 CHERRY TREE ROAD is located in RAINHAM, in the ME8 postcode district.