106, SECOND AVENUE, GILLINGHAM, ME7 2HS - £220,000

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.

106 SECOND AVENUE is a very small terraced house of 81m², built sometime between 1930 and 1949, which could now be worth an estimated £224,120. It was last sold for £220,000 in July 2023, which was around 18% below the average July 2023 terraced price in the Medway local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

106 SECOND AVENUE Sold Prices

Land registry data shows two sales for 106 SECOND AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Medway local authority area for the corresponding sale date. Both of the two 106 SECOND AVENUE 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
2023 18 JUL	£220,000	£266,808	18% below HPI
2020 19 JUN	£215,000	£218,553	2% below HPI

106 SECOND AVENUE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Medway local authority area over time, sourced from the HPI. The two 106 SECOND AVENUE sales from June 2020 and July 2023 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 June 2020 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the July 2023 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 106 SECOND AVENUE be worth now?

106 SECOND AVENUE might now be worth an estimated £224,120.

This is based on house price inflation of 1.9%, between July 2023 and April 2026, for terraced 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 1.9% inflationary increase is applied to the most recent sale price for 106 SECOND AVENUE of £220,000 on 18th July 2023. For the value to have increased from £220,000 to £224,120 over the three years and three months to April 2026, the following assumptions must hold true:

• The value of 106 SECOND AVENUE has moved in line with the HPI for terraced houses in the Medway local authority area.
• The July 2023 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 106 SECOND AVENUE has not materially changed since July 2023.

How Large is 106 SECOND AVENUE?

106 SECOND AVENUE is 81m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 20% of terraced houses houses in Gillingham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Gillingham, and where 106 SECOND AVENUE lies on this distribution: 14% of terraced houses houses are smaller than 106 SECOND AVENUE, and 86% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

106 SECOND AVENUE: Plot and Title Map

106 SECOND AVENUE sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 106 SECOND AVENUE, 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 106 SECOND AVENUE). 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 106 SECOND AVENUE?

106 SECOND AVENUE is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 106 on SECOND AVENUE.