62, SECOND AVENUE, GILLINGHAM, ME7 2HS - £249,995

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.

62 SECOND AVENUE is a terraced house, which could now be worth an estimated £515,512. It was last sold for £249,995 in April 2005, which was around 91% above the average April 2005 terraced price in the Medway local authority area.

62 SECOND AVENUE Sold Prices

Land registry data shows two sales for 62 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 62 SECOND 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
2005 28 APR	£249,995	£130,905	91% above HPI
2001 5 OCT	£170,000	£76,251	123% above HPI

What might 62 SECOND AVENUE be worth now?

62 SECOND AVENUE might now be worth an estimated £515,512.

This is based on house price inflation of 106.2%, between April 2005 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 106.2% inflationary increase is applied to the most recent sale price for 62 SECOND AVENUE of £249,995 on 28th April 2005. For the value to have increased from £249,995 to £515,512 over the twenty years and eleven months to May 2026, the following assumptions must hold true:

• The value of 62 SECOND AVENUE has moved in line with the HPI for terraced houses in the Medway local authority area.
• The April 2005 sale price of £249,995 represented a fair market value for the property.
• The size, condition, and specification of 62 SECOND AVENUE has not materially changed since April 2005.

Where is 62 SECOND AVENUE?

62 SECOND AVENUE is located in GILLINGHAM, in the ME7 postcode district.