122, EASTCOURT LANE, GILLINGHAM, ME8 6HQ - £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.

122 EASTCOURT LANE is a midsized extended terraced house of 114m², built sometime between 1930 and 1949, which could now be worth an estimated £387,514. It was last sold for £325,000 in November 2020, which was around 44% above the average November 2020 terraced price in the Medway local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was C.

122 EASTCOURT LANE Sold Prices

Land registry data shows two sales for 122 EASTCOURT LANE 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 122 EASTCOURT LANE 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
2020 18 NOV	£325,000	£226,457	44% above HPI
2019 3 JAN	£315,000	£220,177	43% above HPI

122 EASTCOURT LANE 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 122 EASTCOURT LANE sales from January 2019 and November 2020 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 January 2019 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the November 2020 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 122 EASTCOURT LANE be worth now?

122 EASTCOURT LANE might now be worth an estimated £387,514.

This is based on house price inflation of 19.2%, between November 2020 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 19.2% inflationary increase is applied to the most recent sale price for 122 EASTCOURT LANE of £325,000 on 18th November 2020. For the value to have increased from £325,000 to £387,514 over the five years and five months to June 2025, the following assumptions must hold true:

• The value of 122 EASTCOURT LANE has moved in line with the HPI for terraced houses in the Medway local authority area.
• The November 2020 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 122 EASTCOURT LANE has not materially changed since November 2020.

How Large is 122 EASTCOURT LANE?

122 EASTCOURT LANE is 114m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the smallest 50% 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 122 EASTCOURT LANE lies on this distribution: 47% of terraced houses houses are smaller than 122 EASTCOURT LANE, and 52% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

122 EASTCOURT LANE: Plot and Title Map

122 EASTCOURT LANE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 122 EASTCOURT LANE, 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 122 EASTCOURT LANE). 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 122 EASTCOURT LANE?

122 EASTCOURT LANE is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 122 on EASTCOURT LANE.