55, MEDWAY ROAD, GILLINGHAM, ME7 1NL - £135,000

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.

55 MEDWAY ROAD is a very small semi-detached house of 70m², built sometime between 1967 and 1975, which could now be worth an estimated £284,495. It was last sold for £135,000 in January 2010, which was around 19% below the average January 2010 semi-detached price in the Medway local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

55 MEDWAY ROAD Sold Prices

Land registry data shows two sales for 55 MEDWAY 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 55 MEDWAY 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
2010 15 JAN	£135,000	£167,505	19% below HPI
2009 9 JUL	£90,000	£154,975	42% below HPI

55 MEDWAY 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 55 MEDWAY ROAD sales from July 2009 and January 2010 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 July 2009 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the January 2010 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 55 MEDWAY ROAD be worth now?

55 MEDWAY ROAD might now be worth an estimated £284,495.

This is based on house price inflation of 110.7%, between January 2010 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 110.7% inflationary increase is applied to the most recent sale price for 55 MEDWAY ROAD of £135,000 on 15th January 2010. For the value to have increased from £135,000 to £284,495 over the fourteen years and ten months to March 2025, the following assumptions must hold true:

• The value of 55 MEDWAY ROAD has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The January 2010 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 55 MEDWAY ROAD has not materially changed since January 2010.

How Large is 55 MEDWAY ROAD?

55 MEDWAY ROAD is 70m² according to the EPC inspection conducted in August 2023. 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 55 MEDWAY ROAD lies on this distribution: 8% of semi-detached houses houses are smaller than 55 MEDWAY ROAD, and 92% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

55 MEDWAY ROAD: Plot and Title Map

55 MEDWAY ROAD sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 55 MEDWAY 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 55 MEDWAY 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 55 MEDWAY ROAD?

55 MEDWAY ROAD is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 55 on MEDWAY ROAD.