74, THIRD AVENUE, GILLINGHAM, ME7 2LU - £54,995

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.

74 THIRD AVENUE is a terraced house, which could now be worth an estimated £351,425. It was last sold for £54,995 in October 1996, which was around 30% above the average October 1996 terraced price in the Medway local authority area.

74 THIRD AVENUE Sold Prices

Land registry data shows two sales for 74 THIRD 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. One of the two 74 THIRD AVENUE sales was for above the average price, whilst the other 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
1996 25 OCT	£54,995	£42,243	30% above HPI
1996 7 JUN	£35,000	£40,478	14% below HPI

What might 74 THIRD AVENUE be worth now?

74 THIRD AVENUE might now be worth an estimated £351,425.

This is based on house price inflation of 539%, between October 1996 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 539% inflationary increase is applied to the most recent sale price for 74 THIRD AVENUE of £54,995 on 25th October 1996. For the value to have increased from £54,995 to £351,425 over the 30 years and five months to May 2026, the following assumptions must hold true:

• The value of 74 THIRD AVENUE has moved in line with the HPI for terraced houses in the Medway local authority area.
• The October 1996 sale price of £54,995 represented a fair market value for the property.
• The size, condition, and specification of 74 THIRD AVENUE has not materially changed since October 1996.

Where is 74 THIRD AVENUE?

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