49, SHOREFIELDS, RAINHAM, GILLINGHAM, ME8 8SA - £240,000

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.

49 SHOREFIELDS is a very small terraced house of 70m², built sometime between 1996 and 2002, which could now be worth an estimated £376,153. It was last sold for £240,000 in August 2015, which was around 37% above the average August 2015 terraced price in the Medway local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

49 SHOREFIELDS Sold Prices

Land registry data shows four sales for 49 SHOREFIELDS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Medway local authority area for the corresponding sale date. All of the four 49 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
2015 20 AUG	£240,000	£175,058	37% above HPI
2005 8 JUL	£185,000	£131,936	40% above HPI
2001 8 JAN	£94,995	£67,258	41% above HPI
1996 23 AUG	£63,450	£41,424	53% above HPI

49 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 four 49 SHOREFIELDS sales between August 1996 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 July 2005 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the August 2015 sale, where it falls to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 49 SHOREFIELDS be worth now?

49 SHOREFIELDS might now be worth an estimated £376,153.

This is based on house price inflation of 56.7%, between August 2015 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 56.7% inflationary increase is applied to the most recent sale price for 49 SHOREFIELDS of £240,000 on 20th August 2015. For the value to have increased from £240,000 to £376,153 over the ten years and one month to July 2025, the following assumptions must hold true:

• The value of 49 SHOREFIELDS has moved in line with the HPI for terraced houses in the Medway local authority area.
• The August 2015 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 49 SHOREFIELDS has not materially changed since August 2015.

How Large is 49 SHOREFIELDS?

49 SHOREFIELDS is 70m² according to the EPC inspection conducted in March 2015. 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 49 SHOREFIELDS lies on this distribution: 8% of terraced houses houses are smaller than 49 SHOREFIELDS, and 92% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

49 SHOREFIELDS: Plot and Title Map

49 SHOREFIELDS sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 49 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 49 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 49 SHOREFIELDS?

49 SHOREFIELDS is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 49 on SHOREFIELDS.