Housing Market Analysis for MEDWAY LANE, BN24 5PH

Are you looking to understand BN24 5PH house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Wealden postcode.

For the location information and nearby amenities in the BN24 5PH area, explore the BN24 5PH Area information page.
For comprehensive crime statistics in the BN24 5PH area, explore the BN24 5PH Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the BN24 5PH postcode area, The average prices are as follows,

Detached
- The average price is around £223,507 median price is £225,000 Standard Deviation is £117,942 with Total Sold: 44
- The Last 5 Year average price is £512,500 with Total Sold: 2
- The most recent sale happened at this postcode is 1, HANKHAM COURT MEDWAY LANE: £640,000 (Sold on 24 Jun 2021)
- The first recorded sale happened at this postcode is 4 MEDWAY LANE: £124,000 (Sold on 28 Jun 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average BN24 5PH house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£640,000	£3,951	1
2019	£385,000	£3,565	1
2016	£416,000	£3,220	2
2015	£344,975	£2,770	2
2013	£288,333	£2,571	3
2011	£305,000	£2,317	1
2009	£220,000	£2,037	1
2007	£307,000	£2,258	2
2006	£265,000	£2,246	1
2005	£435,000		1
2004	£248,315	£2,016	3
2002	£245,000		2
2001	£211,500		2
2000	£206,000	£1,343	3
1999	£176,500	£1,287	2
1997	£132,975		2
1996	£112,563	£913	15

All the Sales in the MEDWAY LANE, BN24 5PH

See the table below for more details on the sold house prices in the BN24 5PH, Wealden postcode.

Address	Sold Date	Price	% Change
1, HANKHAM COURT MEDWAY LANEDetached, FreeholdArea: 162 Sq.mtrAge: 1996-2002	24 Jun 2021	£640,000	184.44%
	29 Oct 1999	£225,000	First Sale
5 MEDWAY LANEDetached, FreeholdArea: 108 Sq.mtrAge: 1996-2002	16 Dec 2019	£385,000	35.09%
	29 Nov 2013	£285,000	29.55%
	15 May 2009	£220,000	51.72%
	02 Jun 2000	£145,000	13.28%
	15 Oct 1999	£128,000	29.36%
	31 Oct 1996	£98,950	First Sale
15 MEDWAY LANEDetached, FreeholdArea: 132 Sq.mtrAge: 1991-1995	12 May 2016	£450,000	246.15%
	26 Sep 1996	£130,000	First Sale
4 MEDWAY LANEDetached, FreeholdArea: 126 Sq.mtrAge: 1996-2002	25 Feb 2016	£382,000	208.06%
	28 Jun 1996	£124,000	First Sale
3 MEDWAY LANEDetached, FreeholdArea: 118 Sq.mtrAge: 1996-2002	04 Dec 2015	£340,000	19.30%
	05 Dec 2013	£285,000	7.55%
	12 Oct 2006	£265,000	178.95%
	19 Nov 1996	£95,000	First Sale
8 MEDWAY LANEDetached, FreeholdArea: 131.65 Sq.mtrAge: 1996-2002	23 Oct 2015	£349,950	14.74%
	26 May 2011	£305,000	159.57%
	16 Aug 1996	£117,500	First Sale
12 MEDWAY LANEDetached, FreeholdArea: 111 Sq.mtrAge: 1996-2002	03 Jul 2013	£295,000	187.80%
	05 Sep 1996	£102,500	First Sale
7 MEDWAY LANEDetached, FreeholdArea: 124 Sq.mtrAge: 1996-2002	12 Jun 2007	£280,000	12.00%
	26 Mar 2004	£249,995	138.09%
	25 Oct 1996	£105,000	First Sale
9 MEDWAY LANEDetached, Freehold	07 Feb 2007	£334,000	169.35%
9 MEDWAY LANEDetached, Freehold	05 Dec 1996	£124,000	First Sale
3, HANKHAM COURT MEDWAY LANEDetached, Freehold	09 Feb 2005	£435,000	75.40%
3, HANKHAM COURT MEDWAY LANEDetached, Freehold	18 Feb 2000	£248,000	First Sale
2 MEDWAY LANEDetached, Freehold	22 Nov 2004	£249,950	-0.02%
	13 Dec 2002	£250,000	132.56%
	28 Jun 1996	£107,500	First Sale
13 MEDWAY LANEDetached, Freehold	20 Oct 2004	£245,000	41.62%
	17 May 2001	£173,000	74.76%
	24 Oct 1996	£98,995	First Sale
14 MEDWAY LANEDetached, Freehold	09 Sep 2002	£240,000	76.47%
	08 Dec 1997	£136,000	4.66%
	23 Apr 1997	£129,950	-0.04%
	13 Sep 1996	£130,000	First Sale
2, HANKHAM COURT MEDWAY LANEDetached, Freehold	27 Sep 2001	£250,000	11.11%
2, HANKHAM COURT MEDWAY LANEDetached, Freehold	31 Mar 2000	£225,000	First Sale
1 MEDWAY LANEDetached, Freehold	20 Dec 1996	£105,000	First Sale
11 MEDWAY LANEDetached, Freehold	06 Dec 1996	£120,000	First Sale
10 MEDWAY LANEDetached, Freehold	23 Aug 1996	£100,000	First Sale
6 MEDWAY LANEDetached, FreeholdArea: 137 Sq.mtrAge: 1996-2002	02 Aug 1996	£130,000	First Sale

Check out the sold house prices near the BN24 5PH postcode. Properties currently for saleProperties currently for rent

MEDWAY LANE, BN24 5PH Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the BN24 5PH postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the BN24 5PH postcode.

Detached
- The average price is around £220,819 median price is £205,000 Standard Deviation is £109,973 with Total Sold: 1,432
- The Last 5 Year average price is £407,454 with Total Sold: 142
- The most recent sale happened at this postcode is , 47 BEAULIEU DRIVE: £355,000 (Sold on 20 Sep 2024)
- The first recorded sale happened at this postcode is , 7 SHEFFIELD PARK WAY: £94,000 (Sold on 03 Mar 1995)
Terraced
- The average price is around £131,115 median price is £127,000 Standard Deviation is £69,873 with Total Sold: 509
- The Last 5 Year average price is £263,285 with Total Sold: 49
- The most recent sale happened at this postcode is , 37 BROAD OAK CLOSE: £265,000 (Sold on 26 Jul 2024)
- The first recorded sale happened at this postcode is , 15 SHEFFIELD PARK WAY: £45,000 (Sold on 28 Feb 1995)
Semi-Detached
- The average price is around £167,406 median price is £163,250 Standard Deviation is £90,761 with Total Sold: 378
- The Last 5 Year average price is £306,630 with Total Sold: 60
- The most recent sale happened at this postcode is , 4 EVERGREEN CLOSE: £172,500 (Sold on 23 May 2024)
- The first recorded sale happened at this postcode is , TOWER HOUSE DITTONS ROAD: £62,500 (Sold on 04 Aug 1995)
Flat
- The average price is around £87,725 median price is £90,000 Standard Deviation is £44,278 with Total Sold: 101
- The Last 5 Year average price is £168,500 with Total Sold: 10
- The most recent sale happened at this postcode is FLAT 8, PEBBLE HOUSE, 43 BROAD OAK CLOSE: £175,000 (Sold on 23 Feb 2024)
- The first recorded sale happened at this postcode is , 12 BOSHIP CLOSE: £32,500 (Sold on 04 Apr 1996)
Other
- The average price is around £653,776 median price is £322,000 Standard Deviation is £770,568 with Total Sold: 6
- The Last 5 Year average price is £892,885 with Total Sold: 3
- The most recent sale happened at this postcode is , 22 SHEFFIELD PARK WAY: £265,000 (Sold on 19 Dec 2023)
- The first recorded sale happened at this postcode is , GAZEBO LION HILL: £299,000 (Sold on 22 Jan 2016)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£422,600		5
2023	£400,069	£4,094	21
2022	£441,639	£4,182	18
2021	£437,480	£3,485	42
2020	£372,941	£3,280	27
2019	£377,619	£3,359	29
2018	£377,864	£3,213	38
2017	£364,109	£3,199	47
2016	£347,886	£3,007	45
2015	£313,077	£2,959	37
2014	£277,826	£2,637	27
2013	£262,068	£2,488	28
2012	£235,326	£2,443	23
2011	£245,914	£2,304	18
2010	£264,298	£2,489	25
2009	£246,473	£2,214	26
2008	£278,913	£2,337	17
2007	£272,777	£2,304	51
2006	£257,943	£2,363	58
2005	£261,147	£2,227	33
2004	£237,735	£2,193	59
2003	£234,896	£2,057	53
2002	£179,770	£1,628	100
2001	£156,548	£1,465	107
2000	£149,748	£1,254	110
1999	£115,075	£1,093	145
1998	£110,934	£1,028	115
1997	£101,778	£845	67
1996	£102,169	£790	41
1995	£79,550	£707	20

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£270,625		4
2023	£266,125	£4,161	8
2022	£310,375	£4,347	8
2021	£256,622	£4,015	16
2020	£247,714	£3,330	7
2019	£227,750	£3,828	6
2018	£226,350	£3,359	10
2017	£225,100	£3,362	10
2016	£222,372	£3,079	9
2015	£191,377	£3,217	13
2014	£158,900	£2,570	9
2013	£169,704	£2,507	12
2012	£152,381	£2,569	13
2011	£171,393	£2,497	14
2010	£177,325	£2,406	6
2009	£156,858	£2,314	12
2008	£164,350	£2,477	7
2007	£175,905	£2,606	13
2006	£153,779	£2,317	19
2005	£154,759	£2,239	17
2004	£145,720	£2,333	30
2003	£137,085	£2,137	24
2002	£109,068	£1,592	27
2001	£89,808	£1,381	22
2000	£77,381	£1,284	33
1999	£67,293	£1,026	62
1998	£62,244	£982	53
1997	£54,886	£771	35
1996	£49,049	£734	5
1995	£55,349	£717	5

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£217,500		2
2023	£314,438	£4,008	8
2022	£381,372	£3,963	9
2021	£307,847	£3,500	23
2020	£286,885	£3,566	13
2019	£241,000	£3,537	5
2018	£270,429	£3,538	7
2017	£263,387	£3,407	9
2016	£265,095	£3,051	15
2015	£223,306	£2,808	8
2014	£183,890	£2,610	5
2013	£183,625	£2,370	8
2012	£222,000	£2,464	3
2011	£180,781	£2,300	8
2010	£187,438	£2,150	10
2009	£176,200	£1,989	5
2008	£221,083	£2,360	6
2007	£185,010	£2,465	21
2006	£167,063	£2,142	15
2005	£163,431	£2,189	8
2004	£168,510	£2,176	15
2003	£141,992	£2,000	18
2002	£114,886	£1,521	25
2001	£110,376	£1,470	15
2000	£94,354	£1,265	23
1999	£81,357	£1,068	51
1998	£72,414	£939	20
1997	£55,670	£678	14
1996	£44,771	£623	7
1995	£51,250		2

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£175,000		1
2023	£165,000		1
2022	£197,000	£3,988	2
2021	£148,667	£2,950	3
2020	£182,500	£3,000	2
2019	£140,000	£3,043	1
2018	£136,875	£2,471	4
2016	£119,200	£2,604	5
2015	£107,000	£2,140	1
2014	£112,250	£2,129	2
2013	£112,500	£1,746	2
2012	£103,000	£2,289	1
2011	£125,000	£1,532	1
2008	£106,333	£2,123	3
2007	£113,500	£2,551	2
2006	£105,800	£2,010	6
2005	£130,000	£1,940	1
2004	£100,067	£2,170	6
2003	£93,375	£1,913	12
2002	£78,100	£1,595	4
2001	£51,621	£1,017	9
2000	£53,580	£1,006	5
1999	£45,820	£923	24
1998	£14,000	£175	1
1996	£28,500	£340	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£168,500	£2,677	2
2020	£2,341,655	£25,179	1
2018	£600,000		1
2017	£345,000		1
2016	£299,000	£2,076	1

House Type in BN24 5PH area

The most common house types in the BN24 5PH postcode area are Detached (168), Semi-detached (4), and Terraced (0).

Total	172
Detached	168
Semi-detached	4
Terraced	0
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (82), and Owned: Owns outright (76).

Owned: Owns with a mortgage or loan	82
Owned: Owns outright	76
Private rented: Private landlord or letting agency	13
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the BN24 5PH have 2 people in household (63), and 4 people in household (41).

2 people in household	63
4 people in household	41
3 people in household	32
1 person in household	22
5 people in household	9
6 people in household	5
0 people in household	0
7 people in household	0
8 or more people in household	0