Housing Market Analysis for VALETTA WAY, ME1 1FA

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

Overview of Sold House prices

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

Flat
- The average price is around £163,212 median price is £154,950 Standard Deviation is £46,218 with Total Sold: 67
- The Last 5 Year average price is £247,643 with Total Sold: 7
- The most recent sale happened at this postcode is FLAT 2, MAYFLOWER HOUSE VALETTA WAY: £195,000 (Sold on 26 Apr 2024)
- The first recorded sale happened at this postcode is FLAT 8, MAYFLOWER HOUSE VALETTA WAY: £266,000 (Sold on 10 Mar 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average ME1 1FA 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£195,000		1
2023	£253,000	£3,692	2
2021	£272,500	£3,492	2
2019	£243,750	£3,069	2
2018	£195,000	£3,095	1
2017	£222,500	£3,532	1
2016	£227,000	£3,721	1
2015	£203,750	£3,214	2
2014	£178,332	£2,577	3
2012	£163,500	£2,157	2
2011	£173,167	£2,651	3
2009	£153,000	£2,429	1
2008	£178,748	£2,930	2
2007	£187,667	£2,557	3
2006	£177,500	£2,689	1
2005	£147,500	£2,418	1
2004	£156,850	£2,319	10
2003	£181,482	£2,262	3
2002	£138,624	£2,201	4
2001	£135,500	£1,809	2
2000	£157,490	£2,056	5
1999	£115,969	£1,688	8
1998	£102,294	£1,633	7

All the Sales in the VALETTA WAY, ME1 1FA

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

Address	Sold Date	Price	% Change
FLAT 2, MAYFLOWER HOUSE VALETTA WAYFlat, Leasehold	26 Apr 2024	£195,000	-11.36%
	15 Mar 2021	£220,000	12.82%
	01 Feb 2018	£195,000	11.43%
	10 Mar 2015	£175,000	104.02%
	26 Jun 1998	£85,775	First Sale
FLAT 9, MAYFLOWER HOUSE VALETTA WAYFlat, LeaseholdArea: 65 Sq.mtrAge: 1996-2002	21 Jul 2023	£240,000	61.07%
	21 Apr 2004	£149,000	First Sale
FLAT 18, MAYFLOWER HOUSE VALETTA WAYFlat, Leasehold	12 Nov 2021	£325,000	68.83%
	08 Apr 2011	£192,500	-2.28%
	05 Aug 2004	£197,000	28.76%
	31 May 2000	£153,000	First Sale
FLAT 24, MAYFLOWER HOUSE VALETTA WAYFlat, LeaseholdArea: 95.41 Sq.mtrAge: 1996-2002	28 Aug 2019	£267,500	62.12%
	23 Nov 2012	£165,000	-16.65%
	14 Apr 2003	£197,950	27.75%
	29 Oct 1999	£154,950	First Sale
FLAT 21, MAYFLOWER HOUSE VALETTA WAYFlat, LeaseholdArea: 66 Sq.mtrAge: 1996-2002	14 Jun 2019	£220,000	23.94%
	28 Jul 2006	£177,500	27.70%
	27 Sep 2002	£139,000	35.61%
	21 Aug 1998	£102,500	First Sale
FLAT 7, MAYFLOWER HOUSE VALETTA WAYFlat, LeaseholdArea: 63 Sq.mtrAge: 1996-2002	22 Nov 2017	£222,500	25.00%
	21 Sep 2007	£178,000	21.09%
	08 Apr 2004	£147,000	40.07%
	29 Jan 1999	£104,950	First Sale
FLAT 3, MAYFLOWER HOUSE VALETTA WAYFlat, LeaseholdArea: 61 Sq.mtrAge: 1996-2002	22 Jul 2016	£227,000	97.39%
	27 Apr 2001	£115,000	28.47%
	03 Jul 1998	£89,515	First Sale
FLAT 5, MAYFLOWER HOUSE VALETTA WAYFlat, LeaseholdArea: 63.7 Sq.mtrAge: 1996-2002	03 Jul 2015	£232,500	62.59%
	27 Nov 2000	£143,000	1.06%
	03 Jul 1998	£141,500	First Sale
FLAT 19, MAYFLOWER HOUSE VALETTA WAYFlat, LeaseholdArea: 62 Sq.mtrAge: 1996-2002	02 Sep 2014	£177,000	19.59%
	26 Apr 2004	£148,000	41.02%
	29 Jan 1999	£104,950	First Sale
FLAT 11, MAYFLOWER HOUSE VALETTA WAYFlat, LeaseholdArea: 85 Sq.mtrAge: 1996-2002	11 Aug 2014	£219,995	12.82%
	13 Feb 2003	£195,000	15.42%
	26 May 2000	£168,950	First Sale
FLAT 14, MAYFLOWER HOUSE VALETTA WAYFlat, LeaseholdArea: 60.29 Sq.mtrAge: 1996-2002	17 Jan 2014	£138,000	-5.48%
	10 Mar 2004	£146,000	39.11%
	29 Jan 1999	£104,950	First Sale
FLAT 1, MAYFLOWER HOUSE VALETTA WAYFlat, LeaseholdArea: 62.7 Sq.mtrAge: 1996-2002	24 Jan 2012	£162,000	6.93%
	30 Jun 2003	£151,495	40.27%
	28 May 1999	£108,000	First Sale
FLAT 4, MAYFLOWER HOUSE VALETTA WAYFlat, LeaseholdArea: 63 Sq.mtrAge: 1996-2002	16 Dec 2011	£162,000	20.00%
	08 Jul 2002	£135,000	First Sale
FLAT 22, MAYFLOWER HOUSE VALETTA WAYFlat, LeaseholdArea: 60.43 Sq.mtrAge: 1996-2002	21 Sep 2011	£165,000	10.00%
	20 Sep 2002	£149,995	66.08%
	21 Aug 1998	£90,315	First Sale
FLAT 8, MAYFLOWER HOUSE VALETTA WAYFlat, LeaseholdArea: 63 Sq.mtrAge: 1996-2002	30 Oct 2009	£153,000	17.24%
	26 Apr 2002	£130,500	24.34%
	20 Aug 1998	£104,950	-60.55%
	10 Mar 2023	£266,000	First Sale
FLAT 13, MAYFLOWER HOUSE VALETTA WAYFlat, LeaseholdArea: 61 Sq.mtrAge: 1996-2002	06 Feb 2008	£179,995	22.03%
	30 Nov 2005	£147,500	0.34%
	12 Mar 2004	£147,000	40.07%
	29 Jan 1999	£104,950	First Sale
FLAT 16, MAYFLOWER HOUSE VALETTA WAYFlat, LeaseholdArea: 61 Sq.mtrAge: 1996-2002	09 Jan 2008	£177,500	74.88%
	03 Aug 1998	£101,500	First Sale
FLAT 6, MAYFLOWER HOUSE VALETTA WAYFlat, LeaseholdArea: 83 Sq.mtrAge: 2003-2006	07 Dec 2007	£190,000	38.69%
	05 Nov 1999	£137,000	First Sale
FLAT 23, MAYFLOWER HOUSE VALETTA WAYFlat, Leasehold	28 Mar 2007	£195,000	0.0
	16 Feb 2004	£195,000	21.88%
	30 Jun 2000	£160,000	First Sale
FLAT 20, MAYFLOWER HOUSE VALETTA WAYFlat, Leasehold	03 Jun 2004	£149,500	38.43%
FLAT 20, MAYFLOWER HOUSE VALETTA WAYFlat, Leasehold	29 Jan 1999	£108,000	First Sale
FLAT 15, MAYFLOWER HOUSE VALETTA WAYFlat, LeaseholdArea: 70.1 Sq.mtrAge: 1996-2002	12 May 2004	£145,000	First Sale
FLAT 10, MAYFLOWER HOUSE VALETTA WAYFlat, LeaseholdArea: 62.58 Sq.mtrAge: 1996-2002	12 May 2004	£145,000	First Sale
FLAT 12, MAYFLOWER HOUSE VALETTA WAYFlat, LeaseholdArea: 90 Sq.mtrAge: 1996-2002	01 Oct 2001	£156,000	First Sale
FLAT 17, MAYFLOWER HOUSE VALETTA WAYFlat, LeaseholdArea: 84 Sq.mtrAge: 1996-2002	03 Aug 2000	£162,500	First Sale

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

VALETTA WAY, ME1 1FA Near By properties

Interactive Map

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

Terraced
- The average price is around £208,138 median price is £185,000 Standard Deviation is £116,600 with Total Sold: 1,090
- The Last 5 Year average price is £379,101 with Total Sold: 148
- The most recent sale happened at this postcode is , 30 ROCHESTER AVENUE: £365,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 37 ST MARGARETS STREET: £69,000 (Sold on 12 Jan 1995)
Semi-Detached
- The average price is around £282,256 median price is £245,000 Standard Deviation is £190,180 with Total Sold: 417
- The Last 5 Year average price is £548,885 with Total Sold: 52
- The most recent sale happened at this postcode is , 3 CORNWALL ROAD: £340,000 (Sold on 28 Aug 2024)
- The first recorded sale happened at this postcode is , 22 HORSLEY ROAD: £54,000 (Sold on 31 Mar 1995)
Flat
- The average price is around £154,239 median price is £141,500 Standard Deviation is £77,756 with Total Sold: 1,298
- The Last 5 Year average price is £259,950 with Total Sold: 200
- The most recent sale happened at this postcode is , 6 SHORLAND COURT: £275,000 (Sold on 12 Aug 2024)
- The first recorded sale happened at this postcode is , 5 SEAFORD COURT: £63,500 (Sold on 28 Feb 1995)
Other
- The average price is around £791,806 median price is £557,225 Standard Deviation is £777,002 with Total Sold: 8
- The Last 5 Year average price is £797,779 with Total Sold: 7
- The most recent sale happened at this postcode is FLAT 7, CROWN HOUSE VALETTA WAY: £170,000 (Sold on 07 Jun 2024)
- The first recorded sale happened at this postcode is , 92 BORSTAL ROAD: £750,000 (Sold on 07 Oct 2016)
Detached
- The average price is around £387,683 median price is £324,000 Standard Deviation is £282,016 with Total Sold: 170
- The Last 5 Year average price is £721,563 with Total Sold: 19
- The most recent sale happened at this postcode is , 110 BORSTAL ROAD: £600,000 (Sold on 23 May 2024)
- The first recorded sale happened at this postcode is , 62 ST MARGARETS STREET: £110,000 (Sold on 03 Mar 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£377,889	£4,286	9
2023	£464,068	£4,560	22
2022	£383,034	£3,891	29
2021	£366,050	£3,429	40
2020	£357,658	£3,473	19
2019	£343,134	£3,351	29
2018	£335,993	£3,440	26
2017	£326,079	£3,123	33
2016	£310,541	£3,206	28
2015	£290,011	£2,629	26
2014	£255,973	£2,478	33
2013	£214,863	£2,136	31
2012	£222,538	£2,088	37
2011	£213,597	£2,083	41
2010	£226,900	£1,990	25
2009	£183,690	£2,010	21
2008	£188,005	£2,011	19
2007	£215,374	£2,090	45
2006	£196,995	£2,069	49
2005	£201,519	£1,972	51
2004	£197,511	£1,880	37
2003	£174,958	£1,665	40
2002	£165,734	£1,535	73
2001	£127,162	£1,230	50
2000	£119,853	£1,155	69
1999	£116,089	£1,045	79
1998	£102,721	£950	35
1997	£75,497	£791	43
1996	£60,412	£559	30
1995	£64,327	£618	21

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£548,000	£4,691	5
2023	£548,889	£4,679	9
2022	£558,818	£3,834	11
2021	£584,375	£4,094	16
2020	£529,500	£3,107	6
2019	£437,600	£3,073	5
2018	£467,944	£3,494	9
2017	£497,857	£3,429	14
2016	£469,750	£3,166	8
2015	£435,269	£3,108	13
2014	£453,500	£2,718	8
2013	£366,071	£2,393	7
2012	£321,278	£3,054	9
2011	£288,095	£2,209	10
2010	£314,538	£2,163	13
2009	£260,333	£2,768	9
2008	£226,286	£1,934	7
2007	£339,890	£2,195	16
2006	£268,333	£2,231	18
2005	£258,813	£2,170	11
2004	£265,660	£2,029	21
2003	£269,410	£1,662	20
2002	£232,637	£1,637	29
2001	£181,675	£1,345	20
2000	£175,913	£1,237	18
1999	£137,093	£1,036	33
1998	£95,063	£962	19
1997	£74,998	£810	21
1996	£97,850	£707	20
1995	£90,900	£585	12

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£201,000	£3,750	7
2023	£282,186	£3,853	46
2022	£283,409	£3,999	77
2021	£239,990	£3,440	30
2020	£227,722	£3,620	18
2019	£203,691	£3,497	22
2018	£196,992	£3,462	33
2017	£208,134	£3,204	24
2016	£205,176	£3,201	33
2015	£176,767	£2,960	43
2014	£158,973	£2,643	52
2013	£171,475	£2,401	20
2012	£151,859	£2,285	22
2011	£168,375	£2,462	20
2010	£195,933	£2,493	12
2009	£159,265	£2,233	16
2008	£169,166	£2,604	27
2007	£171,815	£2,774	54
2006	£166,250	£2,618	56
2005	£154,372	£2,456	49
2004	£162,400	£2,519	67
2003	£140,024	£2,377	67
2002	£118,969	£2,054	86
2001	£115,611	£1,871	73
2000	£96,544	£1,608	153
1999	£86,115	£1,416	81
1998	£83,750	£1,357	33
1997	£62,926	£1,209	52
1996	£75,339	£807	14
1995	£50,045	£816	11

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£170,000		1
2023	£197,500	£4,593	1
2022	£564,450	£9,253	1
2021	£550,000	£11,000	1
2020	£850,000		1
2019	£1,626,250		2
2016	£750,000	£3,219	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£645,000		2
2023	£731,940	£5,342	5
2022	£1,062,500	£3,580	2
2021	£653,333	£4,353	3
2020	£572,500	£3,262	2
2019	£706,000	£3,305	5
2018	£561,875	£4,005	4
2017	£651,667	£4,164	6
2016	£632,500	£4,347	4
2015	£432,400	£3,043	5
2014	£554,000	£2,973	10
2013	£608,750	£2,228	4
2012	£501,000	£2,639	3
2011	£400,333	£3,170	6
2010	£428,333	£2,506	6
2009	£313,750	£2,246	4
2008	£404,333	£2,941	6
2007	£337,250	£2,549	8
2006	£471,421	£2,427	7
2005	£772,667	£2,648	3
2004	£289,389	£2,137	9
2003	£428,600	£2,415	5
2002	£216,214	£1,737	7
2001	£238,032	£1,919	6
2000	£181,667	£1,016	6
1999	£170,084	£1,312	11
1998	£146,263		3
1997	£158,625	£964	8
1996	£118,929	£781	7
1995	£131,500	£869	13

House Type in ME1 1FA area

The most common house types in the ME1 1FA postcode area are Flat (131), Terraced (36), and Detached (21).

Total	209
Flat	131
Terraced	36
Detached	21
Semi-detached	20
commercial building	1
Shared house	0
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (73), and Private rented: Private landlord or letting agency (64).

Owned: Owns outright	73
Private rented: Private landlord or letting agency	64
Owned: Owns with a mortgage or loan	57
Social rented: Other social rented	10
Private rented: Other private rented	3
Shared ownership: Shared ownership	1
Social rented: Rents from council or Local Authority	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the ME1 1FA have 1 person in household (96), and 2 people in household (79).

1 person in household	96
2 people in household	79
3 people in household	20
4 people in household	12
5 people in household	5
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0