3, CHARLOTTE DRIVE, GILLINGHAM, ME8 0DA - £395,000

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.

3 CHARLOTTE DRIVE is a midsized extended detached house of 116m², built sometime between 1983 and 1990, which could now be worth an estimated £621,499. It was last sold for £395,000 in August 2015, which was around 15% above the average August 2015 detached price in the Medway local authority area. The most recent EPC inspection was January 2015, where the current energy rating was C, and the potential energy rating was B.

3 CHARLOTTE DRIVE Sold Prices

Land registry data shows three sales for 3 CHARLOTTE DRIVE 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 3 CHARLOTTE DRIVE 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
2015 21 AUG	£395,000	£342,358	15% above HPI
2008 6 JUN	£330,000	£280,489	18% above HPI
2003 23 MAY	£245,000	£229,233	7% above HPI

3 CHARLOTTE DRIVE 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 3 CHARLOTTE DRIVE sales between May 2003 and August 2015 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 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the August 2015 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 3 CHARLOTTE DRIVE be worth now?

3 CHARLOTTE DRIVE might now be worth an estimated £621,499.

This is based on house price inflation of 57.3%, between August 2015 and February 2025, 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 57.3% inflationary increase is applied to the most recent sale price for 3 CHARLOTTE DRIVE of £395,000 on 21st August 2015. For the value to have increased from £395,000 to £621,499 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 3 CHARLOTTE DRIVE has moved in line with the HPI for detached houses in the Medway local authority area.
• The August 2015 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CHARLOTTE DRIVE has not materially changed since August 2015.

How Large is 3 CHARLOTTE DRIVE?

3 CHARLOTTE DRIVE is 116m², which includes one extension, according to the EPC inspection conducted in January 2015. This puts it in the largest 50% 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 3 CHARLOTTE DRIVE lies on this distribution: 49% of detached houses houses are smaller than 3 CHARLOTTE DRIVE, and 50% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

3 CHARLOTTE DRIVE: Plot and Title Map

3 CHARLOTTE DRIVE sits on a plot of roughly 0.112 of an acre, or 455m². The below map shows the location of 3 CHARLOTTE DRIVE, 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 3 CHARLOTTE DRIVE). 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 3 CHARLOTTE DRIVE?

3 CHARLOTTE DRIVE is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 3 on CHARLOTTE DRIVE.