SOUTH TOWER HOUSE, COLLEGE ROAD, CHATHAM, ME4 4QW - £320,000

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.

SOUTH TOWER HOUSE is a small extended detached house of 98m², built sometime before 1900, which could now be worth an estimated £488,363. It was last sold for £320,000 in October 2015, which was around 9% below the average October 2015 detached price in the Medway local authority area. The most recent EPC inspection was August 2013, where the current energy rating was F, and the potential energy rating was C.

SOUTH TOWER HOUSE Sold Prices

Land registry data shows three sales for SOUTH TOWER HOUSE 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. Two of the three SOUTH TOWER HOUSE sales were for below the average price, whilst one was 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
2015 16 OCT	£320,000	£352,964	9% below HPI
2007 4 APR	£335,000	£270,540	24% above HPI
1996 28 SEP	£47,500	£89,121	47% below HPI

SOUTH TOWER HOUSE 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 SOUTH TOWER HOUSE sales between September 1996 and October 2015 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 2007 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the October 2015 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might SOUTH TOWER HOUSE be worth now?

SOUTH TOWER HOUSE might now be worth an estimated £488,363.

This is based on house price inflation of 52.6%, between October 2015 and February 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 52.6% inflationary increase is applied to the most recent sale price for SOUTH TOWER HOUSE of £320,000 on 16th October 2015. For the value to have increased from £320,000 to £488,363 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of SOUTH TOWER HOUSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The October 2015 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of SOUTH TOWER HOUSE has not materially changed since October 2015.

How Large is SOUTH TOWER HOUSE?

SOUTH TOWER HOUSE is 98m², which includes one extension, according to the EPC inspection conducted in August 2013. This puts it in the smallest 30% 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 SOUTH TOWER HOUSE lies on this distribution: 29% of detached houses houses are smaller than SOUTH TOWER HOUSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

SOUTH TOWER HOUSE: Plot and Title Map

SOUTH TOWER HOUSE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of SOUTH TOWER HOUSE, 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 SOUTH TOWER HOUSE). 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 SOUTH TOWER HOUSE?

SOUTH TOWER HOUSE is located on COLLEGE ROAD in CHATHAM, in the ME4 postcode district. The below map shows the position of SOUTH TOWER HOUSE on COLLEGE ROAD.