8, PRESTON AVENUE, GILLINGHAM, ME7 3DD - £530,000

8 PRESTON AVENUE is a midsized extended detached house of 112m², built sometime between 1967 and 1975. It was last sold for £530,000 in March 2022, which was around 7% above the average March 2022 detached price in the Medway local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

8 PRESTON AVENUE Sold Prices

Land registry data shows two sales for 8 PRESTON AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Medway local authority area for the corresponding sale date. Both of the two 8 PRESTON AVENUE 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
2022 22 MAR	£530,000	£496,411	7% above HPI
1998 29 JUN	£140,000	£102,188	37% above HPI

8 PRESTON AVENUE 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 two 8 PRESTON AVENUE sales from June 1998 and March 2022 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 1998 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the March 2022 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 8 PRESTON AVENUE?

8 PRESTON AVENUE is 112m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the smallest 50% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 8 PRESTON AVENUE lies on this distribution: 44% of detached houses are smaller than 8 PRESTON AVENUE, and 55% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

8 PRESTON AVENUE: Plot and Title Map

8 PRESTON AVENUE sits on a plot of roughly 0.129 of an acre, or 520m². The below map shows the location of 8 PRESTON 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 8 PRESTON 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 8 PRESTON AVENUE?

8 PRESTON AVENUE is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 8 on PRESTON AVENUE.