41, ODO RISE, GILLINGHAM, ME7 2WG - £275,000

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.

41 ODO RISE is a very small semi-detached house of 71m², built sometime between 2007 and 2011, which could now be worth an estimated £290,999. It was last sold for £275,000 in May 2022, which was around 17% below the average May 2022 semi-detached price in the Medway local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

41 ODO RISE Sold Prices

Land registry data shows two sales for 41 ODO RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Medway local authority area for the corresponding sale date. Both of the two 41 ODO RISE 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 11 MAY	£275,000	£332,274	17% below HPI
2008 23 JUN	£170,000	£184,275	8% below HPI

41 ODO RISE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Medway local authority area over time, sourced from the HPI. The two 41 ODO RISE sales from June 2008 and May 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 June 2008 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2022 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 41 ODO RISE be worth now?

41 ODO RISE might now be worth an estimated £290,999.

This is based on house price inflation of 5.8%, between May 2022 and February 2025, for semi-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 41 ODO RISE of £275,000 on 11th May 2022. For the value to have increased from £275,000 to £290,999 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 41 ODO RISE has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The May 2022 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 41 ODO RISE has not materially changed since May 2022.

How Large is 41 ODO RISE?

41 ODO RISE is 71m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 10% of semi-detached houses houses in Gillingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gillingham, and where 41 ODO RISE lies on this distribution: 8% of semi-detached houses houses are smaller than 41 ODO RISE, and 91% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

41 ODO RISE: Plot and Title Map

41 ODO RISE sits on a plot of roughly 0.032 of an acre, or 129m². The below map shows the location of 41 ODO RISE, 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 41 ODO RISE). 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 41 ODO RISE?

41 ODO RISE is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 41 on ODO RISE.