34, GERRARD AVENUE, ROCHESTER, ME1 2RN - £330,000

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.

34 GERRARD AVENUE is a very small extended detached house of 67m², built sometime between 1930 and 1949, which could now be worth an estimated £400,084. It was last sold for £330,000 in November 2018, which was around 26% below the average November 2018 detached price in the Medway local authority area. The most recent EPC inspection was October 2010, where the current energy rating was C, and the potential energy rating was C.

34 GERRARD AVENUE Sold Prices

Land registry data shows three sales for 34 GERRARD 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. Two of the three 34 GERRARD 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
2018 22 NOV	£330,000	£444,310	26% below HPI
2011 5 AUG	£278,000	£262,409	6% above HPI
2009 4 AUG	£125,000	£241,019	48% below HPI

34 GERRARD 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 34 GERRARD AVENUE sales between August 2009 and November 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 August 2011 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the November 2018 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 34 GERRARD AVENUE be worth now?

34 GERRARD AVENUE might now be worth an estimated £400,084.

This is based on house price inflation of 21.2%, between November 2018 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 21.2% inflationary increase is applied to the most recent sale price for 34 GERRARD AVENUE of £330,000 on 22nd November 2018. For the value to have increased from £330,000 to £400,084 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 34 GERRARD AVENUE has moved in line with the HPI for detached houses in the Medway local authority area.
• The November 2018 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 34 GERRARD AVENUE has not materially changed since November 2018.

How Large is 34 GERRARD AVENUE?

34 GERRARD AVENUE is 67m², which includes one extension, according to the EPC inspection conducted in October 2010. This puts it in the smallest 10% of detached houses houses in Rochester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rochester, and where 34 GERRARD AVENUE lies on this distribution: 3% of detached houses houses are smaller than 34 GERRARD AVENUE, and 97% of houses are larger. Note that EPC data is not available for all properties in Rochester.

34 GERRARD AVENUE: Plot and Title Map

34 GERRARD AVENUE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 34 GERRARD 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 34 GERRARD 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 34 GERRARD AVENUE?

34 GERRARD AVENUE is located in ROCHESTER, in the ME1 postcode district. The below map shows the position of No. 34 on GERRARD AVENUE.