17, FIRST AVENUE, GILLINGHAM, ME7 2LH - £325,000

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.

17 FIRST AVENUE is a small semi-detached house of 99m², built sometime between 1930 and 1949, which could now be worth an estimated £400,292. It was last sold for £325,000 in July 2018, which was around 14% above the average July 2018 semi-detached price in the Medway local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

17 FIRST AVENUE Sold Prices

Land registry data shows three sales for 17 FIRST AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Medway local authority area for the corresponding sale date. All of the three 17 FIRST 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
2018 5 JUL	£325,000	£285,471	14% above HPI
2007 2 JUL	£205,000	£185,010	11% above HPI
2003 6 MAY	£168,000	£141,681	19% above HPI

17 FIRST AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Medway local authority area over time, sourced from the HPI. The three 17 FIRST AVENUE sales between May 2003 and July 2018 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 July 2007 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the July 2018 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 17 FIRST AVENUE be worth now?

17 FIRST AVENUE might now be worth an estimated £400,292.

This is based on house price inflation of 23.2%, between July 2018 and February 2025, for semi-detached 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 23.2% inflationary increase is applied to the most recent sale price for 17 FIRST AVENUE of £325,000 on 5th July 2018. For the value to have increased from £325,000 to £400,292 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 17 FIRST AVENUE has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The July 2018 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 17 FIRST AVENUE has not materially changed since July 2018.

How Large is 17 FIRST AVENUE?

17 FIRST AVENUE is 99m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 30% of semi-detached houses houses in Gillingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gillingham, and where 17 FIRST AVENUE lies on this distribution: 30% of semi-detached houses houses are smaller than 17 FIRST AVENUE, and 69% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

17 FIRST AVENUE: Plot and Title Map

17 FIRST AVENUE sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 17 FIRST 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 17 FIRST 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 17 FIRST AVENUE?

17 FIRST AVENUE is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 17 on FIRST AVENUE.