Housing Market Analysis for NEW ROAD, ME1 1BN

Are you looking to understand ME1 1BN 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 1BN area, explore the ME1 1BN Area information page.
For comprehensive crime statistics in the ME1 1BN area, explore the ME1 1BN Crime Rates page.

Overview of Sold House prices

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

  • Terraced
    • The average price is around £300,000 median price is £300,000 Standard Deviation is £152,500 with Total Sold: 2
    • The Last 5 Year average price is £452,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 28 NEW ROAD: £452,500 (Sold on 17 Aug 2022)
    • The first recorded sale happened at this postcode is 27 NEW ROAD: £147,500 (Sold on 31 Aug 2001)
  • Detached
    • The average price is around £321,399 median price is £305,000 Standard Deviation is £148,748 with Total Sold: 5
    • The Last 5 Year average price is £487,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 30 NEW ROAD: £490,000 (Sold on 09 Feb 2022)
    • The first recorded sale happened at this postcode is 30 NEW ROAD: £112,000 (Sold on 30 Jan 1997)
  • Flat
    • The average price is around £49,500 median price is £49,500 Standard Deviation is £8,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 26A NEW ROAD: £58,000 (Sold on 05 Apr 2012)
    • The first recorded sale happened at this postcode is 26A NEW ROAD: £41,000 (Sold on 15 Dec 1995)
  • Semi-Detached
    • The average price is around £90,000 median price is £90,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 31 NEW ROAD: £90,000 (Sold on 28 Jun 1996)
    • The first recorded sale happened at this postcode is 31 NEW ROAD: £90,000 (Sold on 28 Jun 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average ME1 1BN 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£452,500 £2,357 1
2001£147,5001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£490,0001
2021£485,000 £3,155 1
2004£305,0001
2002£214,995 £1,399 1
1997£112,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2012£58,000 £734 1
1995£41,000 £519 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1996£90,0001

All the Sales in the NEW ROAD, ME1 1BN

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

AddressSold DatePrice% Change
28 NEW ROADTerraced, FreeholdArea: 192 Sq.mtrAge: before 190017 Aug 2022£452,500First Sale
30 NEW ROADDetached, Freehold09 Feb 2022£490,00060.66%
09 Jan 2004£305,000172.32%
30 Jan 1997£112,000First Sale
29 NEW ROADDetached, FreeholdArea: 153.7 Sq.mtrAge: before 190025 May 2021£485,000125.59%
03 Apr 2002£214,995First Sale
26A NEW ROADFlat, LeaseholdArea: 79 Sq.mtrAge: before 190005 Apr 2012£58,00041.46%
15 Dec 1995£41,000First Sale
27 NEW ROADTerraced, Freehold31 Aug 2001£147,500First Sale
31 NEW ROADSemi-Detached, Freehold28 Jun 1996£90,000First Sale

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

NEW ROAD, ME1 1BN Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £160,327 median price is £140,000 Standard Deviation is £102,102 with Total Sold: 1,606
    • The Last 5 Year average price is £292,263 with Total Sold: 244
    • 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 £188,787 median price is £145,500 Standard Deviation is £152,553 with Total Sold: 372
    • The Last 5 Year average price is £395,429 with Total Sold: 56
    • 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 £649,296 median price is £302,800 Standard Deviation is £1,340,026 with Total Sold: 83
    • The Last 5 Year average price is £745,853 with Total Sold: 52
    • 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 £127,030 median price is £120,000 Standard Deviation is £71,205 with Total Sold: 1,296
    • The Last 5 Year average price is £191,678 with Total Sold: 262
    • 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 £296,545 median price is £250,000 Standard Deviation is £189,407 with Total Sold: 79
    • The Last 5 Year average price is £476,090 with Total Sold: 20
    • 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 , IVY HOUSE PLEASANT ROW: £85,000 (Sold on 15 Sep 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£296,072 £3,251 17
2023£313,426 £3,342 27
2022£331,462 £3,386 56
2021£279,579 £3,226 70
2020£248,246 £2,986 34
2019£281,094 £2,852 40
2018£256,098 £3,184 46
2017£262,835 £2,889 56
2016£254,485 £2,645 53
2015£205,688 £2,412 56
2014£197,918 £2,196 68
2013£179,511 £2,047 66
2012£182,463 £1,980 42
2011£153,704 £1,603 38
2010£142,773 £1,890 24
2009£132,261 £1,703 23
2008£160,438 £2,017 36
2007£162,627 £1,965 69
2006£150,587 £1,855 74
2005£143,561 £1,725 54
2004£143,174 £1,601 80
2003£123,861 £1,437 67
2002£104,107 £1,149 70
2001£83,043 £988 77
2000£68,449 £777 75
1999£60,744 £651 83
1998£55,767 £585 57
1997£47,506 £546 61
1996£45,286 £417 44
1995£42,259 £459 43
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£287,857 £4,476 7
2023£376,750 £3,572 6
2022£540,882 £4,422 17
2021£353,036 £3,947 14
2020£280,000 £3,491 7
2019£354,200 £4,506 5
2018£285,909 £3,137 11
2017£269,350 £3,501 10
2016£335,111 £3,392 12
2015£279,389 £2,981 9
2014£185,000 £2,529 4
2013£262,241 £2,660 11
2012£228,890 £2,694 10
2011£133,857 £1,668 7
2010£194,711 £2,313 14
2009£254,000 £1,973 4
2008£188,136 £1,952 11
2007£177,481 £2,209 13
2006£181,383 £1,702 18
2005£144,745 £1,955 13
2004£164,934 £2,081 15
2003£160,886 £1,566 18
2002£101,823 £1,429 17
2001£106,385 £1,228 11
2000£96,302 £1,151 19
1999£83,991 £808 23
1998£56,400 £831 12
1997£61,250 £641 22
1996£48,830 £638 22
1995£46,325 £521 10
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£861,917 £2,924 12
2020£336,700 £2,472 9
2019£587,541 £4,168 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£229,939 £3,808 66
2022£175,490 £3,058 50
2021£181,738 £3,037 64
2020£179,579 £3,011 38
2019£165,982 £2,677 32
2018£172,483 £2,926 53
2017£160,998 £2,749 43
2016£151,194 £2,885 54
2015£144,590 £2,533 50
2014£127,649 £2,344 41
2013£108,773 £1,968 41
2012£111,961 £2,032 40
2011£112,607 £1,988 28
2010£112,750 £2,202 22
2009£107,675 £2,054 40
2008£121,024 £2,288 53
2007£133,906 £2,227 46
2006£125,382 £2,160 82
2005£130,838 £2,136 38
2004£123,302 £2,065 90
2003£125,349 £2,008 47
2002£84,772 £1,460 51
2001£61,427 £1,346 38
2000£54,117 £1,165 40
1999£40,523 £950 32
1998£42,968 £829 39
1997£37,174 £788 27
1996£32,088 £646 17
1995£30,977 £655 22
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£350,560 £2,957 5
2022£637,833 £4,187 6
2021£545,000 £3,106 3
2020£645,000 £3,986 1
2019£332,400 £3,109 5
2018£448,333 £2,735 3
2017£374,167 £2,859 3
2016£218,000 £2,740 1
2015£255,000 £5,667 1
2014£440,000 £1,692 1
2013£307,414 £2,533 7
2012£469,950 £2,905 2
2009£186,000 £1,723 2
2007£230,750 £2,385 2
2006£263,399 £2,530 5
2005£243,750 £1,612 2
2004£172,750 £1,660 4
2003£279,166 £1,756 6
2002£168,998 £1,390 3
2001£141,000 £1,018 3
2000£155,0004
1999£134,0001
1998£185,000 £979 1
1997£81,5002
1996£53,000 £810 3
1995£79,3333

House Type in ME1 1BN area

The most common house types in the ME1 1BN 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 1BN 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