1A, BRAKE AVENUE, CHATHAM, ME5 0TR - £380,000

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.

1A BRAKE AVENUE is a midsized detached house of 102m², built sometime between 1983 and 1990, which could now be worth an estimated £392,317. It was last sold for £380,000 in July 2022, which was around 27% below the average July 2022 detached price in the Medway local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

1A BRAKE AVENUE Sold Prices

Land registry data shows three sales for 1A BRAKE AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the three 1A BRAKE AVENUE sales were 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
2022 27 JUL	£380,000	£521,759	27% below HPI
2013 16 OCT	£160,000	£282,562	43% below HPI
1997 28 FEB	£75,000	£91,280	18% below HPI

1A BRAKE AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Medway local authority area over time, sourced from the HPI. The three 1A BRAKE AVENUE sales between February 1997 and July 2022 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 October 2013 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the July 2022 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 1A BRAKE AVENUE be worth now?

1A BRAKE AVENUE might now be worth an estimated £392,317.

This is based on house price inflation of 3.2%, between July 2022 and February 2025, for 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 3.2% inflationary increase is applied to the most recent sale price for 1A BRAKE AVENUE of £380,000 on 27th July 2022. For the value to have increased from £380,000 to £392,317 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 1A BRAKE AVENUE has moved in line with the HPI for detached houses in the Medway local authority area.
• The July 2022 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 1A BRAKE AVENUE has not materially changed since July 2022.

How Large is 1A BRAKE AVENUE?

1A BRAKE AVENUE is 102m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 50% of detached houses houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chatham, and where 1A BRAKE AVENUE lies on this distribution: 40% of detached houses houses are smaller than 1A BRAKE AVENUE, and 58% of houses are larger. Note that EPC data is not available for all properties in Chatham.

1A BRAKE AVENUE: Plot and Title Map

1A BRAKE AVENUE sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 1A BRAKE 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 1A BRAKE 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 1A BRAKE AVENUE?

1A BRAKE AVENUE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 1A on BRAKE AVENUE.