54, BURRSTOCK WAY, RAINHAM, GILLINGHAM, ME8 8TR - £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.

54 BURRSTOCK WAY is a small extended detached house of 89m², built sometime between 1991 and 1995, which could now be worth an estimated £459,517. It was last sold for £275,000 in November 2014, which was around 15% below the average November 2014 detached price in the Medway local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was C.

54 BURRSTOCK WAY Sold Prices

Land registry data shows six sales for 54 BURRSTOCK WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Medway local authority area for the corresponding sale date. The six 54 BURRSTOCK WAY sales were a mix of below the average price, and roughly equal to 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
2014 14 NOV	£275,000	£322,370	15% below HPI
2007 18 MAY	£245,000	£272,662	10% below HPI
2004 14 APR	£227,000	£242,339	6% below HPI
2002 10 MAY	£166,000	£183,354	9% below HPI
1998 31 JUL	£105,000	£105,904	1% below HPI
1995 17 NOV	£82,950	£83,290	Close to HPI

54 BURRSTOCK WAY 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 six 54 BURRSTOCK WAY sales between November 1995 and November 2014 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 May 2007 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the November 2014 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 54 BURRSTOCK WAY be worth now?

54 BURRSTOCK WAY might now be worth an estimated £459,517.

This is based on house price inflation of 67.1%, between November 2014 and February 2025, 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 67.1% inflationary increase is applied to the most recent sale price for 54 BURRSTOCK WAY of £275,000 on 14th November 2014. For the value to have increased from £275,000 to £459,517 over the eleven years and nine months to February 2025, the following assumptions must hold true:

• The value of 54 BURRSTOCK WAY has moved in line with the HPI for detached houses in the Medway local authority area.
• The November 2014 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 54 BURRSTOCK WAY has not materially changed since November 2014.

How Large is 54 BURRSTOCK WAY?

54 BURRSTOCK WAY is 89m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the smallest 30% 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 54 BURRSTOCK WAY lies on this distribution: 20% of detached houses houses are smaller than 54 BURRSTOCK WAY, and 79% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

54 BURRSTOCK WAY: Plot and Title Map

54 BURRSTOCK WAY sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 54 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 54 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 54 BURRSTOCK WAY?

54 BURRSTOCK WAY is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 54 on BURRSTOCK WAY.