121, PALMERSTON ROAD, CHATHAM, ME4 6NB - £148,500

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.

121 PALMERSTON ROAD is a very small semi-detached house of 69m², built sometime between 1930 and 1949, which could now be worth an estimated £276,894. It was last sold for £148,500 in October 2007, which was around 21% below the average October 2007 semi-detached price in the Medway local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

121 PALMERSTON ROAD Sold Prices

Land registry data shows two sales for 121 PALMERSTON ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Medway local authority area for the corresponding sale date. Both of the two 121 PALMERSTON ROAD sales were for below 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
2007 5 OCT	£148,500	£188,568	21% below HPI
2002 13 SEP	£80,000	£123,942	35% below HPI

121 PALMERSTON ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Medway local authority area over time, sourced from the HPI. The two 121 PALMERSTON ROAD sales from September 2002 and October 2007 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 September 2002 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the October 2007 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 121 PALMERSTON ROAD be worth now?

121 PALMERSTON ROAD might now be worth an estimated £276,894.

This is based on house price inflation of 86.5%, between October 2007 and February 2025, 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 86.5% inflationary increase is applied to the most recent sale price for 121 PALMERSTON ROAD of £148,500 on 5th October 2007. For the value to have increased from £148,500 to £276,894 over the eighteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 121 PALMERSTON ROAD has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The October 2007 sale price of £148,500 represented a fair market value for the property.
• The size, condition, and specification of 121 PALMERSTON ROAD has not materially changed since October 2007.

How Large is 121 PALMERSTON ROAD?

121 PALMERSTON ROAD is 69m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 10% of semi-detached houses houses in Chatham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chatham, and where 121 PALMERSTON ROAD lies on this distribution: 7% of semi-detached houses houses are smaller than 121 PALMERSTON ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Chatham.

121 PALMERSTON ROAD: Plot and Title Map

121 PALMERSTON ROAD sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 121 PALMERSTON ROAD, 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 121 PALMERSTON ROAD). 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 121 PALMERSTON ROAD?

121 PALMERSTON ROAD is located in CHATHAM, in the ME4 postcode district. The below map shows the position of No. 121 on PALMERSTON ROAD.