34, PRESTON AVENUE, FAVERSHAM, ME13 8NJ - £497,000

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 PRESTON AVENUE is a large extended semi-detached house of 137m², built sometime between 1900 and 1929, which could now be worth an estimated £593,665. It was last sold for £497,000 in December 2019, which was around 87% above the average December 2019 semi-detached price in the Swale local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was C.

34 PRESTON AVENUE Sold Prices

Land registry data shows three sales for 34 PRESTON 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 Swale local authority area for the corresponding sale date. All of the three 34 PRESTON 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
2019 3 DEC	£497,000	£265,444	87% above HPI
2017 9 JAN	£299,995	£238,322	26% above HPI
1997 29 OCT	£72,500	£63,030	15% above HPI

34 PRESTON AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Swale local authority area over time, sourced from the HPI. The three 34 PRESTON AVENUE sales between October 1997 and December 2019 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 January 2017 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the December 2019 sale, where it rises to 87% above the HPI. The line then continues to track at 87% above the HPI.

What might 34 PRESTON AVENUE be worth now?

34 PRESTON AVENUE might now be worth an estimated £593,665.

This is based on house price inflation of 19.4%, between December 2019 and February 2025, for semi-detached houses, in the Swale local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 19.4% inflationary increase is applied to the most recent sale price for 34 PRESTON AVENUE of £497,000 on 3rd December 2019. For the value to have increased from £497,000 to £593,665 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 34 PRESTON AVENUE has moved in line with the HPI for semi-detached houses in the Swale local authority area.
• The December 2019 sale price of £497,000 represented a fair market value for the property.
• The size, condition, and specification of 34 PRESTON AVENUE has not materially changed since December 2019.

How Large is 34 PRESTON AVENUE?

34 PRESTON AVENUE is 137m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the largest 30% of semi-detached houses houses in Faversham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Faversham, and where 34 PRESTON AVENUE lies on this distribution: 69% of semi-detached houses houses are smaller than 34 PRESTON AVENUE, and 30% of houses are larger. Note that EPC data is not available for all properties in Faversham.

34 PRESTON AVENUE: Plot and Title Map

34 PRESTON AVENUE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 34 PRESTON 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 PRESTON 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 PRESTON AVENUE?

34 PRESTON AVENUE is located in FAVERSHAM, in the ME13 postcode district. The below map shows the position of No. 34 on PRESTON AVENUE.