5, CRAGIE WALK, GILLINGHAM, ME8 9JH - £360,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 CRAGIE WALK is a midsized detached house of 117m², built sometime between 1983 and 1990, which could now be worth an estimated £439,764. It was last sold for £360,000 in October 2019, which was around 17% below the average October 2019 detached price in the Medway local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

5 CRAGIE WALK Sold Prices

Land registry data shows two sales for 5 CRAGIE WALK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Medway local authority area for the corresponding sale date. Both of the two 5 CRAGIE WALK 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
2019 15 OCT	£360,000	£435,998	17% below HPI
2008 9 APR	£284,000	£285,627	1% below HPI

5 CRAGIE WALK 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 two 5 CRAGIE WALK sales from April 2008 and October 2019 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 April 2008 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the October 2019 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 5 CRAGIE WALK be worth now?

5 CRAGIE WALK might now be worth an estimated £439,764.

This is based on house price inflation of 22.2%, between October 2019 and December 2024, 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 22.2% inflationary increase is applied to the most recent sale price for 5 CRAGIE WALK of £360,000 on 15th October 2019. For the value to have increased from £360,000 to £439,764 over the four years and ten months to December 2024, the following assumptions must hold true:

• The value of 5 CRAGIE WALK has moved in line with the HPI for detached houses in the Medway local authority area.
• The October 2019 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CRAGIE WALK has not materially changed since October 2019.

How Large is 5 CRAGIE WALK?

5 CRAGIE WALK is 117m² according to the EPC inspection conducted in July 2019. This puts it in the largest 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 5 CRAGIE WALK lies on this distribution: 50% of detached houses houses are smaller than 5 CRAGIE WALK, and 49% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

5 CRAGIE WALK: Plot and Title Map

5 CRAGIE WALK sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 5 CRAGIE WALK, 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 CRAGIE WALK). 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 CRAGIE WALK?

5 CRAGIE WALK is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 5 on CRAGIE WALK.