54, LAYFIELD ROAD, GILLINGHAM, ME7 2QZ - £205,000

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 LAYFIELD ROAD is a very small extended terraced house of 78m², built sometime between 1900 and 1929, which could now be worth an estimated £257,724. It was last sold for £205,000 in June 2019, which was around 6% below the average June 2019 terraced price in the Medway local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

54 LAYFIELD ROAD Sold Prices

Land registry data shows two sales for 54 LAYFIELD ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Medway local authority area for the corresponding sale date. Both of the two 54 LAYFIELD ROAD 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 14 JUN	£205,000	£218,240	6% below HPI
2016 12 AUG	£156,000	£205,755	24% below HPI

54 LAYFIELD ROAD 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 two 54 LAYFIELD ROAD sales from August 2016 and June 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 August 2016 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the June 2019 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 54 LAYFIELD ROAD be worth now?

54 LAYFIELD ROAD might now be worth an estimated £257,724.

This is based on house price inflation of 25.7%, between June 2019 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 25.7% inflationary increase is applied to the most recent sale price for 54 LAYFIELD ROAD of £205,000 on 14th June 2019. For the value to have increased from £205,000 to £257,724 over the five years and eleven months to July 2025, the following assumptions must hold true:

• The value of 54 LAYFIELD ROAD has moved in line with the HPI for terraced houses in the Medway local authority area.
• The June 2019 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 54 LAYFIELD ROAD has not materially changed since June 2019.

How Large is 54 LAYFIELD ROAD?

54 LAYFIELD ROAD is 78m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 20% 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 54 LAYFIELD ROAD lies on this distribution: 12% of terraced houses houses are smaller than 54 LAYFIELD ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

54 LAYFIELD ROAD: Plot and Title Map

54 LAYFIELD ROAD sits on a plot of roughly 0.037 of an acre, or 149m². The below map shows the location of 54 LAYFIELD 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 54 LAYFIELD 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 54 LAYFIELD ROAD?

54 LAYFIELD ROAD is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 54 on LAYFIELD ROAD.