31, SHOREFIELDS, RAINHAM, GILLINGHAM, ME8 8SA - £235,000

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.

31 SHOREFIELDS is a very small terraced house of 57m², built sometime between 2003 and 2006, which could now be worth an estimated £286,689. It was last sold for £235,000 in August 2018, which was around 4% above the average August 2018 terraced price in the Medway local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was A.

31 SHOREFIELDS Sold Prices

Land registry data shows six sales for 31 SHOREFIELDS since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Medway local authority area for the corresponding sale date. All of the six 31 SHOREFIELDS 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
2018 10 AUG	£235,000	£224,901	4% above HPI
2014 19 DEC	£170,000	£166,593	2% above HPI
2006 31 AUG	£143,000	£140,491	2% above HPI
1999 17 DEC	£66,995	£57,810	16% above HPI
1998 17 APR	£56,500	£48,339	17% above HPI
1997 30 APR	£53,950	£43,833	23% above HPI

31 SHOREFIELDS 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 six 31 SHOREFIELDS sales between April 1997 and August 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 December 2014 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the August 2018 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 31 SHOREFIELDS be worth now?

31 SHOREFIELDS might now be worth an estimated £286,689.

This is based on house price inflation of 22%, between August 2018 and July 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 22% inflationary increase is applied to the most recent sale price for 31 SHOREFIELDS of £235,000 on 10th August 2018. For the value to have increased from £235,000 to £286,689 over the seven years and one month to July 2025, the following assumptions must hold true:

• The value of 31 SHOREFIELDS has moved in line with the HPI for terraced houses in the Medway local authority area.
• The August 2018 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 31 SHOREFIELDS has not materially changed since August 2018.

How Large is 31 SHOREFIELDS?

31 SHOREFIELDS is 57m² according to the EPC inspection conducted in September 2014. 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 31 SHOREFIELDS lies on this distribution: 3% of terraced houses houses are smaller than 31 SHOREFIELDS, and 97% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

31 SHOREFIELDS: Plot and Title Map

31 SHOREFIELDS sits on a plot of roughly 0.028 of an acre, or 112m². The below map shows the location of 31 SHOREFIELDS, 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 31 SHOREFIELDS). 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 31 SHOREFIELDS?

31 SHOREFIELDS is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 31 on SHOREFIELDS.