8, PARK CRESCENT, CHATHAM, ME4 6NR - £517,000

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.

8 PARK CRESCENT is a very large extended semi-detached house of 208m², built sometime between 1930 and 1949, which could now be worth an estimated £638,101. It was last sold for £517,000 in January 2019, which was around 81% above the average January 2019 semi-detached price in the Medway local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was C.

8 PARK CRESCENT Sold Prices

Land registry data shows three sales for 8 PARK CRESCENT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Medway local authority area for the corresponding sale date. All of the three 8 PARK CRESCENT 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
2019 23 JAN	£517,000	£284,876	81% above HPI
2009 19 JAN	£370,000	£157,787	134% above HPI
1999 1 NOV	£134,500	£75,482	78% above HPI

8 PARK CRESCENT 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 three 8 PARK CRESCENT sales between November 1999 and January 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 January 2009 sale was for 134% above the HPI. So the extrapolation line tracks at 134% above the HPI over time, until the January 2019 sale, where it falls to 81% above the HPI. The line then continues to track at 81% above the HPI.

What might 8 PARK CRESCENT be worth now?

8 PARK CRESCENT might now be worth an estimated £638,101.

This is based on house price inflation of 23.4%, between January 2019 and February 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 23.4% inflationary increase is applied to the most recent sale price for 8 PARK CRESCENT of £517,000 on 23rd January 2019. For the value to have increased from £517,000 to £638,101 over the five years and eleven months to February 2025, the following assumptions must hold true:

• The value of 8 PARK CRESCENT has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The January 2019 sale price of £517,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PARK CRESCENT has not materially changed since January 2019.

How Large is 8 PARK CRESCENT?

8 PARK CRESCENT is 208m², which includes two extensions, according to the EPC inspection conducted in September 2018. This puts it in the largest 10% of semi-detached houses houses in Chatham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chatham, and where 8 PARK CRESCENT lies on this distribution: 94% of semi-detached houses houses are smaller than 8 PARK CRESCENT, and 6% of houses are larger. Note that EPC data is not available for all properties in Chatham.

8 PARK CRESCENT: Plot and Title Map

8 PARK CRESCENT sits on a plot of roughly 0.118 of an acre, or 478m². The below map shows the location of 8 PARK CRESCENT, 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 8 PARK CRESCENT). 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 8 PARK CRESCENT?

8 PARK CRESCENT is located in CHATHAM, in the ME4 postcode district. The below map shows the position of No. 8 on PARK CRESCENT.