55, MONTROSE AVENUE, CHATHAM, ME5 7HX - £296,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

55 MONTROSE AVENUE is a very large extended detached house of 169m², built sometime between 1967 and 1975. It was last sold for £296,000 in March 2021, which was around 33% below the average March 2021 detached price in the Medway local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

55 MONTROSE AVENUE Sold Prices

Land registry data shows two sales for 55 MONTROSE AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Medway local authority area for the corresponding sale date. Both of the two 55 MONTROSE 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
2021 30 MAR	£296,000	£444,521	33% below HPI
2021 16 FEB	£235,000	£447,652	48% below HPI

55 MONTROSE 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 two 55 MONTROSE AVENUE sales from February 2021 and March 2021 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 February 2021 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the March 2021 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 55 MONTROSE AVENUE?

55 MONTROSE AVENUE is 169m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 20% of detached houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses by size in Chatham, and where 55 MONTROSE AVENUE lies on this distribution: 87% of detached houses are smaller than 55 MONTROSE AVENUE, and 13% of houses are larger. Note that EPC data is not available for all properties in Chatham.

55 MONTROSE AVENUE: Plot and Title Map

55 MONTROSE AVENUE sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 55 MONTROSE 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 55 MONTROSE 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 55 MONTROSE AVENUE?

55 MONTROSE AVENUE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 55 on MONTROSE AVENUE.