Housing Market Analysis for NEW ROAD, ME1 1BG

Are you looking to understand ME1 1BG 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 Medway postcode.

For the location information and nearby amenities in the ME1 1BG area, explore the ME1 1BG Area information page.
For comprehensive crime statistics in the ME1 1BG area, explore the ME1 1BG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME1 1BG postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £296,731 median price is £280,000 Standard Deviation is £129,272 with Total Sold: 13
    • The Last 5 Year average price is £411,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 18 NEW ROAD: £477,000 (Sold on 31 Aug 2023)
    • The first recorded sale happened at this postcode is 10 NEW ROAD: £90,000 (Sold on 08 Jul 1997)
  • Other
    • The average price is around £622,120 median price is £505,000 Standard Deviation is £405,767 with Total Sold: 5
    • The Last 5 Year average price is £302,800 with Total Sold: 2
    • The most recent sale happened at this postcode is 14 NEW ROAD: £302,800 (Sold on 02 Aug 2019)
    • The first recorded sale happened at this postcode is DICKENS HOUSE, 5 - 7 NEW ROAD: £1,400,000 (Sold on 30 Oct 2015)

Sold Price Trend Over the Years:

Below table and chart gives the average ME1 1BG 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
2023£477,000 £2,789 1
2019£345,000 £2,104 1
2016£579,8001
2015£317,500 £1,857 1
2014£300,000 £1,852 1
2009£240,0001
2007£329,350 £1,637 2
2006£250,0001
2003£272,000 £1,591 1
2002£237,0001
1998£90,5001
1997£90,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£302,8002
2018£505,0001
2017£600,0001
2015£1,400,0001

All the Sales in the NEW ROAD, ME1 1BG

See the table below for more details on the sold house prices in the ME1 1BG, Medway postcode.

AddressSold DatePrice% Change
18 NEW ROADTerraced, FreeholdArea: 171 Sq.mtrAge: before 190031 Aug 2023£477,00050.24%
26 May 2015£317,50013.39%
15 Oct 2007£280,0002.94%
28 Aug 2003£272,000First Sale
23 NEW ROADTerraced, FreeholdArea: 164 Sq.mtrAge: 1900-192925 Oct 2019£345,000First Sale
14 NEW ROADOther, Freehold02 Aug 2019£302,800First Sale
MEDWAY MANOR HOTEL, 15 NEW ROADOther, Freehold02 Aug 2019£302,800First Sale
11 NEW ROADOther, Freehold29 Mar 2018£505,000First Sale
13 NEW ROADOther, Freehold31 Mar 2017£600,000First Sale
10 NEW ROADTerraced, Freehold06 May 2016£579,80053.10%
07 Dec 2007£378,70059.79%
10 Jan 2002£237,000161.88%
12 Jan 1998£90,5000.56%
08 Jul 1997£90,000First Sale
DICKENS HOUSE, 5 - 7 NEW ROADOther, Freehold30 Oct 2015£1,400,000First Sale
21 NEW ROADTerraced, FreeholdArea: 162 Sq.mtrAge: before 190023 May 2014£300,000First Sale
20 NEW ROADTerraced, Freehold30 Jan 2009£240,000First Sale
19 NEW ROADTerraced, Freehold13 Jun 2006£250,000First Sale

Check out the sold house prices near the ME1 1BG postcode. Properties currently for saleProperties currently for rent

NEW ROAD, ME1 1BG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME1 1BG 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 ME1 1BG postcode.

  • Terraced
    • The average price is around £166,468 median price is £144,250 Standard Deviation is £107,845 with Total Sold: 1,562
    • The Last 5 Year average price is £295,479 with Total Sold: 247
    • The most recent sale happened at this postcode is , 100 ROCHESTER AVENUE: £310,000 (Sold on 16 Sep 2024)
    • The first recorded sale happened at this postcode is , 44 CASTLE AVENUE: £43,000 (Sold on 05 Jan 1995)
  • Semi-Detached
    • The average price is around £218,225 median price is £160,500 Standard Deviation is £186,896 with Total Sold: 418
    • The Last 5 Year average price is £448,578 with Total Sold: 64
    • The most recent sale happened at this postcode is , 31 HOWARD AVENUE: £135,000 (Sold on 22 Aug 2024)
    • The first recorded sale happened at this postcode is , 13 DELCE ROAD: £46,000 (Sold on 06 Feb 1995)
  • Other
    • The average price is around £627,160 median price is £302,800 Standard Deviation is £1,271,123 with Total Sold: 82
    • The Last 5 Year average price is £712,154 with Total Sold: 51
    • The most recent sale happened at this postcode is , 35 NEW ROAD: £98,112 (Sold on 15 Aug 2024)
    • The first recorded sale happened at this postcode is , 151 HIGH STREET: £520,000 (Sold on 23 Jun 2014)
  • Flat
    • The average price is around £136,345 median price is £122,750 Standard Deviation is £81,379 with Total Sold: 1,384
    • The Last 5 Year average price is £218,680 with Total Sold: 337
    • The most recent sale happened at this postcode is , 14 ROCHESTER GATE: £150,000 (Sold on 17 Jul 2024)
    • The first recorded sale happened at this postcode is , 1B LONGLEY ROAD: £10,000 (Sold on 14 Mar 1995)
  • Detached
    • The average price is around £320,028 median price is £275,000 Standard Deviation is £188,929 with Total Sold: 99
    • The Last 5 Year average price is £494,764 with Total Sold: 22
    • The most recent sale happened at this postcode is , 45 KING STREET: £277,000 (Sold on 15 Dec 2023)
    • The first recorded sale happened at this postcode is , ORCHARD HOUSE KING EDWARD ROAD: £180,000 (Sold on 19 Jul 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£303,513 £3,278 18
2023£315,096 £3,402 26
2022£331,885 £3,412 53
2021£290,105 £3,211 76
2020£248,246 £2,986 34
2019£281,231 £2,841 40
2018£271,020 £3,252 45
2017£281,434 £2,877 58
2016£256,229 £2,694 51
2015£217,959 £2,473 54
2014£212,447 £2,249 67
2013£182,605 £2,053 64
2012£187,725 £1,997 42
2011£160,169 £1,633 37
2010£140,842 £1,907 25
2009£136,065 £1,739 23
2008£168,551 £1,968 34
2007£165,180 £1,945 65
2006£150,463 £1,802 69
2005£148,685 £1,724 54
2004£143,624 £1,605 80
2003£125,110 £1,459 65
2002£106,590 £1,151 69
2001£83,572 £992 73
2000£70,107 £783 72
1999£60,382 £652 78
1998£59,971 £606 53
1997£47,837 £561 59
1996£48,433 £456 40
1995£43,399 £471 38
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£287,857 £4,476 7
2023£442,929 £3,599 7
2022£540,882 £4,422 17
2021£490,875 £3,951 20
2020£351,250 £3,579 8
2019£354,200 £4,506 5
2018£285,909 £3,137 11
2017£366,423 £3,615 13
2016£387,238 £3,426 14
2015£347,115 £3,254 13
2014£244,600 £2,449 5
2013£279,971 £2,684 12
2012£258,762 £2,872 13
2011£133,857 £1,668 7
2010£208,497 £2,321 16
2009£269,667 £2,651 6
2008£188,136 £1,952 11
2007£204,483 £2,241 15
2006£181,383 £1,702 18
2005£144,745 £1,955 13
2004£193,688 £2,207 16
2003£174,598 £1,593 20
2002£164,333 £1,549 21
2001£118,353 £1,228 12
2000£120,215 £1,187 22
1999£87,304 £818 24
1998£60,716 £849 13
1997£61,250 £641 22
1996£61,875 £678 26
1995£54,386 £521 11
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£464,3713
2023£3,596,667 £22,640 3
2022£404,970 £3,232 8
2021£499,182 £6,605 11
2020£336,700 £2,472 9
2019£727,982 £4,621 17
2018£564,767 £1,948 13
2017£410,78913
2016£5,0001
2015£633,333 £4,883 3
2014£520,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£208,529 £3,730 12
2023£251,688 £3,839 96
2022£244,857 £3,078 94
2021£181,855 £3,047 64
2020£181,897 £2,999 39
2019£165,045 £2,686 32
2018£170,855 £2,998 53
2017£159,957 £2,765 37
2016£150,524 £2,930 53
2015£144,605 £2,529 57
2014£126,746 £2,348 42
2013£113,371 £1,983 41
2012£110,725 £2,026 42
2011£112,607 £1,988 28
2010£111,413 £2,206 23
2009£109,683 £2,048 41
2008£120,826 £2,289 56
2007£132,786 £2,228 46
2006£124,932 £2,178 75
2005£129,785 £2,182 38
2004£122,893 £2,062 92
2003£125,349 £2,008 47
2002£84,062 £1,457 54
2001£61,699 £1,340 40
2000£53,855 £1,161 43
1999£40,523 £950 32
1998£42,968 £829 39
1997£37,174 £788 27
1996£32,528 £655 18
1995£31,282 £664 23
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£416,800 £3,313 6
2022£613,143 £4,527 7
2021£592,500 £3,430 2
2020£645,000 £3,986 1
2019£377,000 £3,193 6
2018£448,333 £2,735 3
2017£410,000 £3,462 2
2016£472,667 £3,450 3
2015£255,000 £5,667 1
2014£510,000 £2,195 2
2013£359,557 £2,757 7
2012£425,967 £2,708 3
2011£525,000 £4,453 1
2009£186,000 £1,723 2
2008£380,500 £3,015 2
2007£230,750 £2,385 2
2006£318,666 £2,869 6
2005£192,5001
2004£242,700 £2,261 5
2003£293,571 £1,963 7
2002£226,582 £1,583 6
2001£156,550 £1,018 4
2000£174,000 £1,645 5
1999£134,0001
1998£185,000 £979 1
1997£136,590 £1,162 5
1996£94,250 £810 4
1995£104,5004

House Type in ME1 1BG area

The most common house types in the ME1 1BG postcode area are Flat (52), Terraced (21), and Shared house (21).

Total115
Flat52
Terraced21
Shared house21
converted building15
Semi-detached3
commercial building2
Detached1
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (59), and Owned: Owns with a mortgage or loan (26).

Private rented: Private landlord or letting agency59
Owned: Owns with a mortgage or loan26
Social rented: Other social rented16
Owned: Owns outright10
Private rented: Other private rented2
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the ME1 1BG have 1 person in household (52), and 2 people in household (35).

1 person in household52
2 people in household35
3 people in household15
4 people in household11
5 people in household1
6 people in household1
8 or more people in household1
0 people in household0
7 people in household0