18, ODO RISE, GILLINGHAM, ME7 2WG - £200,000

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.

18 ODO RISE is a very small terraced house of 73m², built sometime between 2003 and 2006, which could now be worth an estimated £338,574. It was last sold for £200,000 in July 2014, which was around 25% above the average July 2014 terraced price in the Medway local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was B.

18 ODO RISE Sold Prices

Land registry data shows two sales for 18 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 18 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
2014 31 JUL	£200,000	£159,502	25% above HPI
2008 26 JUN	£186,500	£149,815	24% above HPI

18 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 18 ODO RISE sales from June 2008 and July 2014 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 June 2008 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the July 2014 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 18 ODO RISE be worth now?

18 ODO RISE might now be worth an estimated £338,574.

This is based on house price inflation of 69.3%, between July 2014 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 69.3% inflationary increase is applied to the most recent sale price for 18 ODO RISE of £200,000 on 31st July 2014. For the value to have increased from £200,000 to £338,574 over the eleven years and one month to June 2025, the following assumptions must hold true:

• The value of 18 ODO RISE has moved in line with the HPI for terraced houses in the Medway local authority area.
• The July 2014 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 18 ODO RISE has not materially changed since July 2014.

How Large is 18 ODO RISE?

18 ODO RISE is 73m² according to the EPC inspection conducted in December 2019. 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 18 ODO RISE lies on this distribution: 9% of terraced houses houses are smaller than 18 ODO RISE, and 90% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

18 ODO RISE: Plot and Title Map

18 ODO RISE sits on a plot of roughly 0.029 of an acre, or 118m². The below map shows the location of 18 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 18 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 18 ODO RISE?

18 ODO RISE is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 18 on ODO RISE.