5, BURRSTOCK WAY, RAINHAM, GILLINGHAM, ME8 8TS - £255,000

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.

5 BURRSTOCK WAY is a very small terraced house of 53m², built sometime between 1991 and 1995, which could now be worth an estimated £297,716. It was last sold for £255,000 in March 2021, which was around 9% above the average March 2021 terraced price in the Medway local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

5 BURRSTOCK WAY Sold Prices

Land registry data shows seven sales for 5 BURRSTOCK WAY since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average terraced price in the Medway local authority area for the corresponding sale date. All of the seven 5 BURRSTOCK WAY 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
2021 1 MAR	£255,000	£235,003	9% above HPI
2016 24 AUG	£212,500	£205,755	3% above HPI
2007 28 SEP	£160,000	£152,826	5% above HPI
2005 31 MAY	£140,000	£131,400	7% above HPI
2003 21 MAR	£119,995	£102,185	17% above HPI
2000 6 OCT	£72,995	£66,335	10% above HPI
1998 22 MAY	£53,750	£48,966	10% above HPI

5 BURRSTOCK WAY 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 seven 5 BURRSTOCK WAY sales between May 1998 and March 2021 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 2016 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the March 2021 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 5 BURRSTOCK WAY be worth now?

5 BURRSTOCK WAY might now be worth an estimated £297,716.

This is based on house price inflation of 16.8%, between March 2021 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 16.8% inflationary increase is applied to the most recent sale price for 5 BURRSTOCK WAY of £255,000 on 1st March 2021. For the value to have increased from £255,000 to £297,716 over the three years and eight months to July 2025, the following assumptions must hold true:

• The value of 5 BURRSTOCK WAY has moved in line with the HPI for terraced houses in the Medway local authority area.
• The March 2021 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 5 BURRSTOCK WAY has not materially changed since March 2021.

How Large is 5 BURRSTOCK WAY?

5 BURRSTOCK WAY is 53m² according to the EPC inspection conducted in May 2016. 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 5 BURRSTOCK WAY lies on this distribution: 2% of terraced houses houses are smaller than 5 BURRSTOCK WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

5 BURRSTOCK WAY: Plot and Title Map

5 BURRSTOCK WAY sits on a plot of roughly 0.035 of an acre, or 142m². The below map shows the location of 5 BURRSTOCK WAY, 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 5 BURRSTOCK WAY). 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 5 BURRSTOCK WAY?

5 BURRSTOCK WAY is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 5 on BURRSTOCK WAY.