12, ODO RISE, GILLINGHAM, ME7 2WG - £170,000

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.

12 ODO RISE is a very small terraced house of 66m², built sometime from 2007 onwards, which could now be worth an estimated £333,721. It was last sold for £170,000 in March 2013, which was around 24% above the average March 2013 terraced price in the Medway local authority area. The most recent EPC inspection was August 2011, where the current energy rating was C, and the potential energy rating was C.

12 ODO RISE Sold Prices

Land registry data shows two sales for 12 ODO RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Medway local authority area for the corresponding sale date. Both of the two 12 ODO RISE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2013 28 MAR	£170,000	£137,548	24% above HPI
2009 23 JUL	£180,000	£125,038	44% above HPI

12 ODO RISE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Medway local authority area over time, sourced from the HPI. The two 12 ODO RISE sales from July 2009 and March 2013 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2009 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the March 2013 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 12 ODO RISE be worth now?

12 ODO RISE might now be worth an estimated £333,721.

This is based on house price inflation of 96.3%, between March 2013 and June 2025, for terraced 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 96.3% inflationary increase is applied to the most recent sale price for 12 ODO RISE of £170,000 on 28th March 2013. For the value to have increased from £170,000 to £333,721 over the eleven years and nine months to June 2025, the following assumptions must hold true:

• The value of 12 ODO RISE has moved in line with the HPI for terraced houses in the Medway local authority area.
• The March 2013 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 12 ODO RISE has not materially changed since March 2013.

How Large is 12 ODO RISE?

12 ODO RISE is 66m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 10% of terraced houses houses in Gillingham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Gillingham, and where 12 ODO RISE lies on this distribution: 6% of terraced houses houses are smaller than 12 ODO RISE, and 94% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

12 ODO RISE: Plot and Title Map

12 ODO RISE sits on a plot of roughly 0.037 of an acre, or 149m². The below map shows the location of 12 ODO RISE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 12 ODO RISE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 12 ODO RISE?

12 ODO RISE is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 12 on ODO RISE.