59, DURHAM ROAD, GILLINGHAM, ME8 0JN - £520,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

59 DURHAM ROAD is a large extended detached house of 157m², built sometime between 1950 and 1966. It was last sold for £520,000 in October 2016, which was around 31% above the average October 2016 detached price in the Medway local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

59 DURHAM ROAD Sold Prices

Land registry data shows three sales for 59 DURHAM ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the three 59 DURHAM 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
2016 10 OCT	£520,000	£395,986	31% above HPI
2008 18 APR	£372,500	£278,116	34% above HPI
1998 10 JUN	£129,950	£102,188	27% above HPI

59 DURHAM ROAD 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 three 59 DURHAM ROAD sales between June 1998 and October 2016 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 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the October 2016 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 59 DURHAM ROAD?

59 DURHAM ROAD is 157m², which includes two extensions, according to the EPC inspection conducted in February 2016. This puts it in the largest 30% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 59 DURHAM ROAD lies on this distribution: 79% of detached houses are smaller than 59 DURHAM ROAD, and 20% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

59 DURHAM ROAD: Plot and Title Map

59 DURHAM ROAD sits on a plot of roughly 0.142 of an acre, or 575m². The below map shows the location of 59 DURHAM 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 59 DURHAM 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 59 DURHAM ROAD?

59 DURHAM ROAD is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 59 on DURHAM ROAD.