74, BEECHWOOD AVENUE, CHATHAM, ME5 7HJ - £397,500

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.

74 BEECHWOOD AVENUE is a very small extended detached house of 70m², built sometime between 1930 and 1949, which could now be worth an estimated £431,744. It was last sold for £397,500 in December 2021, which was around 20% below the average December 2021 detached price in the Medway local authority area. The most recent EPC inspection was October 2017, where the current energy rating was E, and the potential energy rating was B.

74 BEECHWOOD AVENUE Sold Prices

Land registry data shows four sales for 74 BEECHWOOD AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the four 74 BEECHWOOD 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 16 DEC	£397,500	£495,946	20% below HPI
2017 7 NOV	£276,000	£435,600	37% below HPI
2002 14 FEB	£116,000	£177,898	35% below HPI
2001 31 OCT	£90,000	£169,748	47% below HPI

74 BEECHWOOD 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 four 74 BEECHWOOD AVENUE sales between October 2001 and December 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 November 2017 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the December 2021 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 74 BEECHWOOD AVENUE be worth now?

74 BEECHWOOD AVENUE might now be worth an estimated £431,744.

This is based on house price inflation of 8.6%, between December 2021 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 8.6% inflationary increase is applied to the most recent sale price for 74 BEECHWOOD AVENUE of £397,500 on 16th December 2021. For the value to have increased from £397,500 to £431,744 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 74 BEECHWOOD AVENUE has moved in line with the HPI for detached houses in the Medway local authority area.
• The December 2021 sale price of £397,500 represented a fair market value for the property.
• The size, condition, and specification of 74 BEECHWOOD AVENUE has not materially changed since December 2021.

How Large is 74 BEECHWOOD AVENUE?

74 BEECHWOOD AVENUE is 70m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the smallest 10% 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 74 BEECHWOOD AVENUE lies on this distribution: 7% of detached houses houses are smaller than 74 BEECHWOOD AVENUE, and 92% of houses are larger. Note that EPC data is not available for all properties in Chatham.

74 BEECHWOOD AVENUE: Plot and Title Map

74 BEECHWOOD AVENUE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 74 BEECHWOOD 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 74 BEECHWOOD 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 74 BEECHWOOD AVENUE?

74 BEECHWOOD AVENUE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 74 on BEECHWOOD AVENUE.