229, GILLINGHAM ROAD, GILLINGHAM, ME7 4EX - £185,000

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.

229 GILLINGHAM ROAD is a small extended terraced house of 104m², built sometime between 1900 and 1929, which could now be worth an estimated £224,902. It was last sold for £185,000 in November 2018, which was around 17% below the average November 2018 terraced price in the Medway local authority area. The most recent EPC inspection was September 2018, where the current energy rating was E, and the potential energy rating was C.

229 GILLINGHAM ROAD Sold Prices

Land registry data shows two sales for 229 GILLINGHAM ROAD 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 229 GILLINGHAM 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
2018 28 NOV	£185,000	£222,110	17% below HPI
2001 16 MAR	£61,000	£69,254	12% below HPI

229 GILLINGHAM ROAD 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 229 GILLINGHAM ROAD sales from March 2001 and November 2018 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 March 2001 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2018 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 229 GILLINGHAM ROAD be worth now?

229 GILLINGHAM ROAD might now be worth an estimated £224,902.

This is based on house price inflation of 21.6%, between November 2018 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 21.6% inflationary increase is applied to the most recent sale price for 229 GILLINGHAM ROAD of £185,000 on 28th November 2018. For the value to have increased from £185,000 to £224,902 over the seven years and five months to June 2025, the following assumptions must hold true:

• The value of 229 GILLINGHAM ROAD has moved in line with the HPI for terraced houses in the Medway local authority area.
• The November 2018 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 229 GILLINGHAM ROAD has not materially changed since November 2018.

How Large is 229 GILLINGHAM ROAD?

229 GILLINGHAM ROAD is 104m², which includes three extensions, according to the EPC inspection conducted in September 2018. This puts it in the smallest 40% 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 229 GILLINGHAM ROAD lies on this distribution: 35% of terraced houses houses are smaller than 229 GILLINGHAM ROAD, and 64% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

229 GILLINGHAM ROAD: Plot and Title Map

229 GILLINGHAM ROAD sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 229 GILLINGHAM 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 229 GILLINGHAM 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 229 GILLINGHAM ROAD?

229 GILLINGHAM ROAD is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 229 on GILLINGHAM ROAD.