53, THIRD AVENUE, GILLINGHAM, ME7 2HE - £120,000

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.

53 THIRD AVENUE is a terraced house, which could now be worth an estimated £263,598. It was last sold for £120,000 in March 2009, which was around 2% below the average March 2009 terraced price in the Medway local authority area.

53 THIRD AVENUE Sold Prices

Land registry data shows three sales for 53 THIRD 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 53 THIRD AVENUE 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
2009 13 MAR	£120,000	£122,886	2% below HPI
2008 22 AUG	£138,249	£142,854	3% below HPI
1996 28 NOV	£51,000	£42,138	21% above HPI

What might 53 THIRD AVENUE be worth now?

53 THIRD AVENUE might now be worth an estimated £263,598.

This is based on house price inflation of 119.7%, between March 2009 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 119.7% inflationary increase is applied to the most recent sale price for 53 THIRD AVENUE of £120,000 on 13th March 2009. For the value to have increased from £120,000 to £263,598 over the sixteen years and ten months to May 2026, the following assumptions must hold true:

• The value of 53 THIRD AVENUE has moved in line with the HPI for terraced houses in the Medway local authority area.
• The March 2009 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 53 THIRD AVENUE has not materially changed since March 2009.

Where is 53 THIRD AVENUE?

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