45, CALDEW AVENUE, GILLINGHAM, ME8 6TP - £305,000

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.

45 CALDEW AVENUE is a very small semi-detached house of 73m², built sometime between 1967 and 1975, which could now be worth an estimated £370,734. It was last sold for £305,000 in August 2018, which was around 5% above the average August 2018 semi-detached price in the Medway local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.

45 CALDEW AVENUE Sold Prices

Land registry data shows three sales for 45 CALDEW 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. Two of the three 45 CALDEW AVENUE sales were for above the average price, whilst one 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
2018 1 AUG	£305,000	£289,263	5% above HPI
2006 16 AUG	£198,000	£174,107	14% above HPI
2004 5 NOV	£160,000	£167,690	5% below HPI

45 CALDEW 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 45 CALDEW AVENUE sales between November 2004 and August 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 2006 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the August 2018 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 45 CALDEW AVENUE be worth now?

45 CALDEW AVENUE might now be worth an estimated £370,734.

This is based on house price inflation of 21.6%, between August 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 21.6% inflationary increase is applied to the most recent sale price for 45 CALDEW AVENUE of £305,000 on 1st August 2018. For the value to have increased from £305,000 to £370,734 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 45 CALDEW AVENUE has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The August 2018 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 45 CALDEW AVENUE has not materially changed since August 2018.

How Large is 45 CALDEW AVENUE?

45 CALDEW AVENUE is 73m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 10% 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 45 CALDEW AVENUE lies on this distribution: 9% of semi-detached houses houses are smaller than 45 CALDEW AVENUE, and 90% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

45 CALDEW AVENUE: Plot and Title Map

45 CALDEW AVENUE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 45 CALDEW 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 45 CALDEW 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 45 CALDEW AVENUE?

45 CALDEW AVENUE is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 45 on CALDEW AVENUE.