2, SECOND AVENUE, GILLINGHAM, ME7 2HX - £353,000

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.

2 SECOND AVENUE is a midsized extended terraced house of 112m², built sometime between 1900 and 1929, which could now be worth an estimated £363,125. It was last sold for £353,000 in December 2023, which was around 34% above the average December 2023 terraced price in the Medway local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

2 SECOND AVENUE Sold Prices

Land registry data shows three sales for 2 SECOND AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Medway local authority area for the corresponding sale date. Two of the three 2 SECOND AVENUE sales were for above the average price, whilst one was 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 14 DEC	£353,000	£264,225	34% above HPI
2013 28 OCT	£210,000	£144,774	45% above HPI
2009 16 DEC	£132,000	£136,002	3% below HPI

2 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 three 2 SECOND AVENUE sales between December 2009 and December 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 October 2013 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the December 2023 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 2 SECOND AVENUE be worth now?

2 SECOND AVENUE might now be worth an estimated £363,125.

This is based on house price inflation of 2.9%, between December 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 2.9% inflationary increase is applied to the most recent sale price for 2 SECOND AVENUE of £353,000 on 14th December 2023. For the value to have increased from £353,000 to £363,125 over the three years and eight months to April 2026, the following assumptions must hold true:

• The value of 2 SECOND AVENUE has moved in line with the HPI for terraced houses in the Medway local authority area.
• The December 2023 sale price of £353,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SECOND AVENUE has not materially changed since December 2023.

How Large is 2 SECOND AVENUE?

2 SECOND AVENUE is 112m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 50% 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 2 SECOND AVENUE lies on this distribution: 44% of terraced houses houses are smaller than 2 SECOND AVENUE, and 55% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

2 SECOND AVENUE: Plot and Title Map

2 SECOND AVENUE sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 2 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 2 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 2 SECOND AVENUE?

2 SECOND AVENUE is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 2 on SECOND AVENUE.