3, WATERS PLACE, HEMPSTEAD, GILLINGHAM, ME7 3PG - £299,995

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 WATERS PLACE is a midsized detached house of 111m², built sometime between 1983 and 1990, which could now be worth an estimated £618,723. It was last sold for £299,995 in October 2004, which was around 15% above the average October 2004 detached price in the Medway local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was C.

3 WATERS PLACE Sold Prices

Land registry data shows three sales for 3 WATERS PLACE 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 WATERS PLACE 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
2004 29 OCT	£299,995	£261,181	15% above HPI
2001 17 AUG	£210,000	£163,543	28% above HPI
1997 7 NOV	£135,000	£101,003	34% above HPI

3 WATERS PLACE 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 WATERS PLACE sales between November 1997 and October 2004 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 2001 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the October 2004 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 3 WATERS PLACE be worth now?

3 WATERS PLACE might now be worth an estimated £618,723.

This is based on house price inflation of 106.2%, between October 2004 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 106.2% inflationary increase is applied to the most recent sale price for 3 WATERS PLACE of £299,995 on 29th October 2004. For the value to have increased from £299,995 to £618,723 over the 21 years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 WATERS PLACE has moved in line with the HPI for detached houses in the Medway local authority area.
• The October 2004 sale price of £299,995 represented a fair market value for the property.
• The size, condition, and specification of 3 WATERS PLACE has not materially changed since October 2004.

How Large is 3 WATERS PLACE?

3 WATERS PLACE is 111m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 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 WATERS PLACE lies on this distribution: 43% of detached houses houses are smaller than 3 WATERS PLACE, and 56% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

3 WATERS PLACE: Plot and Title Map

3 WATERS PLACE sits on a plot of roughly 0.136 of an acre, or 550m². The below map shows the location of 3 WATERS PLACE, 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 WATERS PLACE). 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 WATERS PLACE?

3 WATERS PLACE is located in HEMPSTEAD, in the ME7 postcode district. The below map shows the position of No. 3 on WATERS PLACE.