40, THIRD AVENUE, GILLINGHAM, ME7 2HE - £129,500

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.

40 THIRD AVENUE is a small terraced house of 71m², built sometime between 1900 and 1929, which could now be worth an estimated £298,168. It was last sold for £129,500 in February 2004, which was around 10% above the average February 2004 terraced price in the Medway local authority area. The most recent EPC inspection was October 2024, where the current energy rating was D, and the potential energy rating was B.

40 THIRD AVENUE Sold Prices

Land registry data shows one sale for 40 THIRD AVENUE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Medway local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2004 25 FEB	£129,500	£117,239	10% above HPI

What might 40 THIRD AVENUE be worth now?

40 THIRD AVENUE might now be worth an estimated £298,168.

This is based on house price inflation of 130.2%, between February 2004 and May 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 130.2% inflationary increase is applied to the most recent sale price for 40 THIRD AVENUE of £129,500 on 25th February 2004. For the value to have increased from £129,500 to £298,168 over the 21 years and nine months to May 2026, the following assumptions must hold true:

• The value of 40 THIRD AVENUE has moved in line with the HPI for terraced houses in the Medway local authority area.
• The February 2004 sale price of £129,500 represented a fair market value for the property.
• The size, condition, and specification of 40 THIRD AVENUE has not materially changed since February 2004.

How Large is 40 THIRD AVENUE?

40 THIRD AVENUE is 71m² according to the EPC inspection conducted in October 2024. This puts it in the smallest 30% of terraced houses in Gillingham, based on EPC data. The below chart shows the distribution of terraced houses by size in Gillingham, and where 40 THIRD AVENUE lies on this distribution: 24% of terraced houses are smaller than 40 THIRD AVENUE, and 74% of terraced houses are larger. Note that EPC data is not available for all properties in Gillingham.

40 THIRD AVENUE: Plot

40 THIRD AVENUE sits on a plot of roughly 0.039 of an acre, or 157m².

Where is 40 THIRD AVENUE?

40 THIRD AVENUE is located in GILLINGHAM, in the ME7 postcode district.