Housing Market Analysis for GILLS COTTAGES, ME1 1BY

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £151,083 median price is £130,000 Standard Deviation is £71,833 with Total Sold: 6
    • The Last 5 Year average price is £243,750 with Total Sold: 2
    • The most recent sale happened at this postcode is 2 GILLS COTTAGES: £250,000 (Sold on 20 Dec 2022)
    • The first recorded sale happened at this postcode is 2 GILLS COTTAGES: £44,000 (Sold on 19 Feb 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average ME1 1BY 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£250,000 £2,907 1
2020£237,500 £2,639 1
2014£135,000 £1,570 1
2013£125,000 £1,389 1
2004£115,000 £1,337 1
1999£44,000 £512 1

All the Sales in the GILLS COTTAGES, ME1 1BY

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

AddressSold DatePrice% Change
2 GILLS COTTAGESTerraced, FreeholdArea: 86 Sq.mtrAge: before 190020 Dec 2022£250,00085.19%
22 Dec 2014£135,00017.39%
05 Mar 2004£115,000161.36%
19 Feb 1999£44,000First Sale
1 GILLS COTTAGESTerraced, FreeholdArea: 90 Sq.mtrAge: 1900-192927 Apr 2020£237,50090.00%
25 Sep 2013£125,000First Sale

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

GILLS COTTAGES, ME1 1BY Near By properties

Interactive Map

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

  • Other
    • The average price is around £627,064 median price is £287,500 Standard Deviation is £1,362,746 with Total Sold: 81
    • The Last 5 Year average price is £790,061 with Total Sold: 45
    • 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 £126,568 median price is £119,998 Standard Deviation is £70,527 with Total Sold: 1,234
    • The Last 5 Year average price is £191,244 with Total Sold: 253
    • 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 , 35 FORT PITT STREET: £30,000 (Sold on 23 Mar 1995)
  • Terraced
    • The average price is around £165,197 median price is £145,500 Standard Deviation is £107,051 with Total Sold: 910
    • The Last 5 Year average price is £298,332 with Total Sold: 130
    • The most recent sale happened at this postcode is , 12 CHURCH STREET: £243,000 (Sold on 05 Jul 2024)
    • The first recorded sale happened at this postcode is , 284 ST MARGARETS BANKS: £76,000 (Sold on 06 Jan 1995)
  • Semi-Detached
    • The average price is around £202,878 median price is £153,750 Standard Deviation is £164,920 with Total Sold: 292
    • The Last 5 Year average price is £461,844 with Total Sold: 39
    • The most recent sale happened at this postcode is , 40 CITY WAY: £480,000 (Sold on 31 May 2024)
    • The first recorded sale happened at this postcode is , 67 HIGH STREET: £45,000 (Sold on 11 Jan 1995)
  • Detached
    • The average price is around £283,973 median price is £242,498 Standard Deviation is £193,751 with Total Sold: 82
    • The Last 5 Year average price is £482,789 with Total Sold: 19
    • 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 , 40 FORT PITT STREET: £30,500 (Sold on 10 Jun 1995)

Sold Price Trend Over the Years:

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£437,7043
2023£5,260,000 £36,842 2
2022£378,158 £3,232 8
2021£945,081 £2,924 11
2020£360,757 £2,472 7
2019£555,229 £3,977 14
2018£520,855 £1,948 14
2017£399,63513
2016£66,4405
2015£633,333 £4,883 3
2014£520,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£209,154 £3,653 12
2023£234,156 £3,870 64
2022£172,949 £3,071 49
2021£176,191 £2,893 64
2020£183,621 £2,932 33
2019£163,824 £2,641 31
2018£167,310 £2,872 50
2017£146,999 £2,656 41
2016£135,149 £2,632 67
2015£136,970 £2,380 51
2014£125,929 £2,279 34
2013£108,362 £1,894 42
2012£111,114 £2,035 39
2011£108,340 £1,963 25
2010£109,690 £2,140 21
2009£107,632 £2,052 38
2008£121,428 £2,268 52
2007£127,493 £2,189 46
2006£117,860 £2,100 61
2005£128,457 £2,281 42
2004£123,455 £2,062 103
2003£128,225 £2,072 44
2002£86,584 £1,480 46
2001£57,792 £1,229 35
2000£53,689 £1,118 34
1999£39,302 £864 24
1998£40,948 £773 34
1997£36,556 £809 22
1996£33,375 £707 12
1995£33,722 £699 18
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£314,700 £2,991 5
2023£349,433 £3,299 15
2022£330,781 £3,278 37
2021£284,968 £3,053 31
2020£260,825 £3,115 18
2019£258,348 £2,924 24
2018£259,935 £3,088 23
2017£266,749 £2,960 39
2016£275,544 £2,636 35
2015£209,219 £2,485 32
2014£188,712 £2,151 33
2013£184,559 £2,058 39
2012£213,386 £2,246 21
2011£162,648 £1,618 22
2010£137,774 £2,078 10
2009£132,625 £1,603 12
2008£164,265 £2,080 23
2007£172,505 £2,064 42
2006£156,175 £1,842 37
2005£143,012 £1,841 28
2004£147,401 £1,620 53
2003£124,433 £1,511 42
2002£106,030 £1,140 30
2001£100,257 £1,069 57
2000£73,624 £851 36
1999£68,987 £726 40
1998£56,757 £608 39
1997£49,705 £574 34
1996£46,962 £408 27
1995£40,392 £451 26
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£326,250 £4,476 4
2023£489,167 £3,938 3
2022£573,333 £4,400 15
2021£434,286 £3,820 7
2020£342,233 £2,900 6
2019£386,500 £4,422 4
2018£284,667 £3,217 9
2017£278,667 £3,174 6
2016£369,076 £3,317 11
2015£279,389 £2,981 9
2014£185,000 £2,529 4
2013£287,961 £2,565 9
2012£238,989 £2,710 9
2011£139,200 £1,827 5
2010£206,829 £2,410 12
2009£290,000 £1,987 3
2008£199,045 £1,993 11
2007£194,375 £2,202 8
2006£191,931 £1,718 16
2005£160,024 £2,404 8
2004£161,450 £2,195 10
2003£170,381 £1,628 13
2002£111,650 £1,395 10
2001£119,349 £1,277 10
2000£101,960 £1,158 19
1999£90,421 £721 19
1998£61,851 £880 8
1997£67,000 £666 15
1996£53,734 £668 16
1995£49,212 £521 13
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£351,000 £3,026 4
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
2010£122,0001
2009£186,000 £1,723 2
2007£249,833 £2,385 3
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£123,998 £1,482 3
2001£111,500 £1,018 2
2000£148,0005
1999£86,500 £931 2
1998£106,500 £808 2
1997£81,5002
1996£53,000 £810 3
1995£61,167 £726 3

House Type in ME1 1BY area

The most common house types in the ME1 1BY postcode area are Flat (73), Terraced (32), and Semi-detached (22).

Total174
Flat73
Terraced32
Semi-detached22
Shared house22
converted building15
Detached6
commercial building3
temporary structure1

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (42), and Social rented: Other social rented (39).

Private rented: Private landlord or letting agency42
Social rented: Other social rented39
Owned: Owns with a mortgage or loan35
Owned: Owns outright28
Shared ownership: Shared ownership20
Social rented: Rents from council or Local Authority5
Private rented: Other private rented5
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the ME1 1BY have 1 person in household (96), and 2 people in household (62).

1 person in household96
2 people in household62
3 people in household7
4 people in household7
6 people in household3
8 or more people in household1
0 people in household0
5 people in household0
7 people in household0