515, MAIDSTONE ROAD, GILLINGHAM, ME8 0JX - £405,000

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.

515 MAIDSTONE ROAD is a very small extended semi-detached house of 72m², built sometime between 1930 and 1949, which could now be worth an estimated £499,553. It was last sold for £405,000 in November 2018, which was around 42% above the average November 2018 semi-detached price in the Medway local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

515 MAIDSTONE ROAD Sold Prices

Land registry data shows two sales for 515 MAIDSTONE ROAD 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 515 MAIDSTONE ROAD 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 9 NOV	£405,000	£286,182	42% above HPI
2012 13 SEP	£210,000	£171,218	23% above HPI

515 MAIDSTONE ROAD 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 515 MAIDSTONE ROAD sales from September 2012 and November 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 September 2012 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the November 2018 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might 515 MAIDSTONE ROAD be worth now?

515 MAIDSTONE ROAD might now be worth an estimated £499,553.

This is based on house price inflation of 23.3%, between November 2018 and March 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 23.3% inflationary increase is applied to the most recent sale price for 515 MAIDSTONE ROAD of £405,000 on 9th November 2018. For the value to have increased from £405,000 to £499,553 over the seven years and eight months to March 2025, the following assumptions must hold true:

• The value of 515 MAIDSTONE ROAD has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The November 2018 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 515 MAIDSTONE ROAD has not materially changed since November 2018.

How Large is 515 MAIDSTONE ROAD?

515 MAIDSTONE ROAD is 72m², which includes one extension, according to the EPC inspection conducted in April 2012. 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 515 MAIDSTONE ROAD lies on this distribution: 9% of semi-detached houses houses are smaller than 515 MAIDSTONE ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

515 MAIDSTONE ROAD: Plot and Title Map

515 MAIDSTONE ROAD sits on a plot of roughly 0.212 of an acre, or 858m². The below map shows the location of 515 MAIDSTONE ROAD, 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 515 MAIDSTONE ROAD). 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 515 MAIDSTONE ROAD?

515 MAIDSTONE ROAD is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 515 on MAIDSTONE ROAD.