2, MONTGOMERY ROAD, GILLINGHAM, ME7 5XP - £210,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 MONTGOMERY ROAD is a very small detached house of 79m², built sometime between 1950 and 1966, which could now be worth an estimated £222,156. It was last sold for £210,000 in January 2022, which was around 58% below the average January 2022 detached price in the Medway local authority area. The most recent EPC inspection was August 2024, where the current energy rating was D, and the potential energy rating was B.

2 MONTGOMERY ROAD Sold Prices

Land registry data shows three sales for 2 MONTGOMERY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the three 2 MONTGOMERY 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
2022 14 JAN	£210,000	£503,458	58% below HPI
2014 19 AUG	£136,000	£315,123	57% below HPI
2000 10 FEB	£28,000	£125,734	78% below HPI

2 MONTGOMERY ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Medway local authority area over time, sourced from the HPI. The three 2 MONTGOMERY ROAD sales between February 2000 and January 2022 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 August 2014 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the January 2022 sale, where it falls to 58% below the HPI. The line then continues to track at 58% below the HPI.

What might 2 MONTGOMERY ROAD be worth now?

2 MONTGOMERY ROAD might now be worth an estimated £222,156.

This is based on house price inflation of 5.8%, between January 2022 and December 2024, for 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 5.8% inflationary increase is applied to the most recent sale price for 2 MONTGOMERY ROAD of £210,000 on 14th January 2022. For the value to have increased from £210,000 to £222,156 over the one year and one month to December 2024, the following assumptions must hold true:

• The value of 2 MONTGOMERY ROAD has moved in line with the HPI for detached houses in the Medway local authority area.
• The January 2022 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MONTGOMERY ROAD has not materially changed since January 2022.

How Large is 2 MONTGOMERY ROAD?

2 MONTGOMERY ROAD is 79m² according to the EPC inspection conducted in August 2024. This puts it in the smallest 20% of detached houses houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gillingham, and where 2 MONTGOMERY ROAD lies on this distribution: 12% of detached houses houses are smaller than 2 MONTGOMERY ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

2 MONTGOMERY ROAD: Plot and Title Map

2 MONTGOMERY ROAD sits on a plot of roughly 0.020 of an acre, or 82m². The below map shows the location of 2 MONTGOMERY 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 2 MONTGOMERY 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 2 MONTGOMERY ROAD?

2 MONTGOMERY ROAD is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 2 on MONTGOMERY ROAD.