Housing Market Analysis for SOMERSET TERRACE, ME11 5EW

Are you looking to understand ME11 5EW 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 Swale postcode.

For the location information and nearby amenities in the ME11 5EW area, explore the ME11 5EW Area information page.
For comprehensive crime statistics in the ME11 5EW area, explore the ME11 5EW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME11 5EW postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £93,700 median price is £68,000 Standard Deviation is £80,314 with Total Sold: 9
    • The Last 5 Year average price is £275,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 3 SOMERSET TERRACE: £275,000 (Sold on 30 Sep 2022)
    • The first recorded sale happened at this postcode is 3 SOMERSET TERRACE: £23,800 (Sold on 08 Feb 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average ME11 5EW 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£275,000 £2,948 1
2018£165,000 £1,769 1
2015£118,000 £1,265 1
2006£112,500 £1,206 1
2003£68,000 £729 1
2002£24,500 £360 1
2000£39,500 £590 1
1998£17,000 £254 1
1996£23,800 £255 1

All the Sales in the SOMERSET TERRACE, ME11 5EW

See the table below for more details on the sold house prices in the ME11 5EW, Swale postcode.

AddressSold DatePrice% Change
3 SOMERSET TERRACETerraced, FreeholdArea: 93.28 Sq.mtrAge: 1900-192930 Sep 2022£275,00066.67%
28 Sep 2018£165,00039.83%
26 Aug 2015£118,0004.89%
09 Jun 2006£112,50065.44%
03 Feb 2003£68,000185.71%
08 Feb 1996£23,800First Sale
1 SOMERSET TERRACETerraced, FreeholdArea: 68 Sq.mtrAge: 1900-192915 Mar 2002£24,500First Sale
4 SOMERSET TERRACETerraced, FreeholdArea: 67 Sq.mtrAge: 1930-194925 Feb 2000£39,500132.35%
04 Dec 1998£17,000First Sale

Check out the sold house prices near the ME11 5EW postcode. Properties currently for saleProperties currently for rent

SOMERSET TERRACE, ME11 5EW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME11 5EW 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 ME11 5EW postcode.

  • Terraced
    • The average price is around £114,957 median price is £115,000 Standard Deviation is £65,505 with Total Sold: 328
    • The Last 5 Year average price is £195,583 with Total Sold: 59
    • The most recent sale happened at this postcode is , 27 MOAT WAY: £165,000 (Sold on 19 Jul 2024)
    • The first recorded sale happened at this postcode is , 5 MOUNT FIELD: £34,500 (Sold on 13 Feb 1995)
  • Flat
    • The average price is around £75,689 median price is £75,000 Standard Deviation is £32,934 with Total Sold: 86
    • The Last 5 Year average price is £103,972 with Total Sold: 18
    • The most recent sale happened at this postcode is FLAT 3, 62 HIGH STREET: £50,000 (Sold on 06 Mar 2024)
    • The first recorded sale happened at this postcode is , 10 WEEKES COURT: £29,000 (Sold on 10 Feb 1995)
  • Semi-Detached
    • The average price is around £142,222 median price is £137,500 Standard Deviation is £78,004 with Total Sold: 227
    • The Last 5 Year average price is £243,952 with Total Sold: 52
    • The most recent sale happened at this postcode is , 31 FOXLEY ROAD: £240,000 (Sold on 19 Jan 2024)
    • The first recorded sale happened at this postcode is , 38 BARLER PLACE: £44,995 (Sold on 07 Mar 1995)
  • Detached
    • The average price is around £168,346 median price is £150,000 Standard Deviation is £119,044 with Total Sold: 13
    • The Last 5 Year average price is £412,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , 108 HIGH STREET: £430,000 (Sold on 06 Sep 2023)
    • The first recorded sale happened at this postcode is , 24 WHITEWAY ROAD: £56,000 (Sold on 09 May 1997)
  • Other
    • The average price is around £197,286 median price is £190,000 Standard Deviation is £141,799 with Total Sold: 7
    • The Last 5 Year average price is £267,500 with Total Sold: 4
    • The most recent sale happened at this postcode is , QUEEN PHILLIPPA HOTEL HIGH STREET: £490,000 (Sold on 17 Jul 2023)
    • The first recorded sale happened at this postcode is , KETSBRIDGE ENGINEER LTD RAILWAY TERRACE: £190,000 (Sold on 23 Mar 2016)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£220,000 £2,793 5
2023£214,188 £2,969 10
2022£243,429 £2,947 7
2021£199,571 £2,274 7
2020£169,067 £2,200 15
2019£177,367 £2,440 15
2018£191,050 £2,564 10
2017£188,097 £2,148 12
2016£168,800 £2,259 10
2015£131,853 £1,759 17
2014£128,056 £1,538 9
2013£125,857 £1,472 7
2012£104,124 £1,296 8
2011£102,000 £1,130 5
2010£90,833 £1,080 3
2009£129,625 £1,671 8
2008£136,788 £1,751 13
2007£140,321 £2,031 14
2006£125,091 £1,833 11
2005£114,044 £1,437 9
2004£103,955 £1,789 11
2003£91,789 £1,319 19
2002£55,582 £825 12
2001£53,362 £689 16
2000£50,181 £719 8
1999£40,896 £542 16
1998£41,916 £574 12
1997£39,090 £588 11
1996£30,310 £452 15
1995£29,727 £409 13
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£50,000 £595 2
2023£136,417 £3,194 6
2022£86,875 £2,059 4
2021£160,000 £3,200 1
2020£66,500 £1,891 2
2019£104,167 £2,286 3
2018£101,667 £2,424 3
2017£103,416 £2,430 6
2016£90,000 £1,996 2
2015£85,000 £2,132 5
2014£76,167 £2,008 3
2012£64,000 £1,882 1
2011£72,500 £1,368 1
2008£79,000 £1,763 5
2007£106,500 £2,239 2
2006£98,5002
2005£77,571 £1,815 7
2004£70,499 £1,783 7
2003£59,498 £1,575 3
2002£41,099 £1,250 5
2001£39,000 £926 3
2000£35,749 £787 4
1999£42,500 £850 1
1998£32,832 £718 3
1997£17,7502
1995£26,750 £614 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£240,0001
2023£250,000 £3,666 9
2022£255,591 £3,763 11
2021£222,778 £2,759 9
2020£256,867 £2,809 15
2019£218,000 £2,998 7
2018£242,000 £2,888 4
2017£206,417 £2,743 6
2016£186,714 £2,433 7
2015£162,999 £2,238 5
2014£150,125 £2,375 4
2013£129,000 £2,012 3
2012£140,800 £1,656 5
2011£138,750 £1,612 6
2010£133,667 £1,781 3
2009£112,250 £1,422 8
2008£157,409 £2,043 11
2007£161,437 £2,214 8
2006£149,125 £1,872 12
2005£150,214 £1,919 7
2004£126,158 £2,094 6
2003£107,007 £1,770 6
2002£96,443 £1,194 9
2001£66,416 £1,016 6
2000£54,678 £773 9
1999£62,713 £716 7
1998£48,374 £762 16
1997£51,500 £715 6
1996£43,222 £574 9
1995£42,900 £646 12
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£430,0001
2020£395,0001
2017£190,000 £2,714 1
2009£150,000 £1,556 1
2007£160,000 £1,758 1
2005£180,000 £1,978 1
2004£187,500 £2,000 2
2002£65,0001
2001£88,9951
1999£49,2502
1997£56,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£360,0002
2021£240,0001
2019£110,0001
2018£1,0001
2016£155,0002

House Type in ME11 5EW area

The most common house types in the ME11 5EW postcode area are Terraced (67), Semi-detached (25), and converted building (11).

Total132
Terraced67
Semi-detached25
converted building11
Flat9
Shared house9
Detached7
commercial building4
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (54), and Owned: Owns outright (41).

Private rented: Private landlord or letting agency54
Owned: Owns outright41
Owned: Owns with a mortgage or loan21
Social rented: Other social rented8
Private rented: Other private rented5
Social rented: Rents from council or Local Authority3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the ME11 5EW have 1 person in household (52), and 2 people in household (47).

1 person in household52
2 people in household47
3 people in household19
4 people in household9
5 people in household2
7 people in household2
6 people in household1
0 people in household0
8 or more people in household0