6, OXFORD ROAD, GILLINGHAM, ME7 4BX - £350,000

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.

6 OXFORD ROAD is a midsized extended detached house of 115m², built sometime between 1976 and 1982, which could now be worth an estimated £432,046. It was last sold for £350,000 in October 2019, which was around 20% below the average October 2019 detached price in the Medway local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

6 OXFORD ROAD Sold Prices

Land registry data shows four sales for 6 OXFORD ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the four 6 OXFORD 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 1 OCT	£350,000	£435,998	20% below HPI
2011 29 NOV	£180,000	£262,506	31% below HPI
2002 12 JUL	£149,000	£193,546	23% below HPI
1999 1 OCT	£99,000	£122,569	19% below HPI

6 OXFORD 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 four 6 OXFORD ROAD sales between October 1999 and October 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 November 2011 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2019 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 6 OXFORD ROAD be worth now?

6 OXFORD ROAD might now be worth an estimated £432,046.

This is based on house price inflation of 23.4%, between October 2019 and March 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 23.4% inflationary increase is applied to the most recent sale price for 6 OXFORD ROAD of £350,000 on 1st October 2019. For the value to have increased from £350,000 to £432,046 over the six years and seven months to March 2025, the following assumptions must hold true:

• The value of 6 OXFORD ROAD has moved in line with the HPI for detached houses in the Medway local authority area.
• The October 2019 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 6 OXFORD ROAD has not materially changed since October 2019.

How Large is 6 OXFORD ROAD?

6 OXFORD ROAD is 115m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 50% 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 6 OXFORD ROAD lies on this distribution: 48% of detached houses houses are smaller than 6 OXFORD ROAD, and 51% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

6 OXFORD ROAD: Plot and Title Map

6 OXFORD ROAD sits on a plot of roughly 0.044 of an acre, or 178m². The below map shows the location of 6 OXFORD 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 6 OXFORD 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 6 OXFORD ROAD?

6 OXFORD ROAD is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 6 on OXFORD ROAD.