Housing Market Analysis for ME1 1GU

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £108,000 median price is £108,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £108,000 with Total Sold: 1
    • The most recent sale happened at this postcode is FLAT 7, 5 CORYS ROAD: £108,000 (Sold on 28 Apr 2023)
    • The first recorded sale happened at this postcode is FLAT 7, 5 CORYS ROAD: £108,000 (Sold on 28 Apr 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average ME1 1GU 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£108,000 £1,714 1

All the Sales in the ME1 1GU

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

AddressSold DatePrice% Change
FLAT 7, 5 CORYS ROADFlat, LeaseholdArea: 63 Sq.mtr28 Apr 2023£108,000First Sale

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

ME1 1GU Near By properties

Interactive Map

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

  • Flat
    • The average price is around £141,609 median price is £127,000 Standard Deviation is £81,308 with Total Sold: 1,207
    • The Last 5 Year average price is £215,479 with Total Sold: 305
    • 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 , 5A NORTHGATE: £28,500 (Sold on 03 Feb 1995)
  • Terraced
    • The average price is around £273,825 median price is £250,000 Standard Deviation is £176,578 with Total Sold: 500
    • The Last 5 Year average price is £437,280 with Total Sold: 151
    • The most recent sale happened at this postcode is , 9 BELVEDERE ROAD: £485,000 (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)
  • Other
    • The average price is around £532,961 median price is £417,500 Standard Deviation is £563,733 with Total Sold: 86
    • The Last 5 Year average price is £602,843 with Total Sold: 49
    • The most recent sale happened at this postcode is , UNIT 18 CASTLE VIEW BUSINESS CENTRE: £285,000 (Sold on 03 Jun 2024)
    • The first recorded sale happened at this postcode is , HAIR CHEMISTRY, 24 HIGH STREET: £8,500 (Sold on 12 May 2014)
  • Detached
    • The average price is around £376,738 median price is £299,000 Standard Deviation is £303,748 with Total Sold: 83
    • The Last 5 Year average price is £546,263 with Total Sold: 19
    • The most recent sale happened at this postcode is , 31 ST MARGARETS STREET: £690,000 (Sold on 01 Mar 2024)
    • The first recorded sale happened at this postcode is MALT HOUSE, MALT MEWS ST MARGARETS STREET: £205,000 (Sold on 13 Apr 1995)
  • Semi-Detached
    • The average price is around £305,713 median price is £202,000 Standard Deviation is £243,822 with Total Sold: 151
    • The Last 5 Year average price is £571,982 with Total Sold: 42
    • The most recent sale happened at this postcode is , 2 DELCE ROAD: £345,000 (Sold on 15 Feb 2024)
    • The first recorded sale happened at this postcode is , 22A HIGH STREET: £58,000 (Sold on 14 Feb 1995)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£210,815 £3,413 13
2023£236,168 £3,843 61
2022£196,221 £2,960 35
2021£204,414 £3,055 73
2020£209,845 £3,250 57
2019£224,590 £3,577 66
2018£171,583 £2,948 33
2017£174,884 £2,909 28
2016£163,390 £2,958 41
2015£149,676 £2,533 51
2014£134,314 £2,360 43
2013£110,833 £1,984 27
2012£109,452 £2,068 31
2011£113,741 £1,988 27
2010£119,417 £2,192 12
2009£99,180 £1,838 25
2008£125,157 £2,331 59
2007£145,233 £2,204 49
2006£129,142 £2,280 62
2005£143,581 £2,152 38
2004£135,778 £2,173 83
2003£133,681 £2,134 42
2002£113,017 £1,555 49
2001£66,146 £1,353 36
2000£66,118 £1,163 49
1999£47,758 £1,001 32
1998£46,840 £855 27
1997£43,119 £812 23
1996£42,183 £759 15
1995£37,050 £735 20
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£478,750 £3,442 4
2023£470,692 £3,829 13
2022£490,766 £3,852 32
2021£386,345 £3,948 29
2020£373,475 £3,713 34
2019£471,505 £3,282 39
2018£392,465 £3,663 14
2017£342,048 £3,167 23
2016£339,844 £2,925 16
2015£289,711 £2,814 23
2014£283,333 £2,661 27
2013£256,225 £2,498 22
2012£352,480 £3,200 5
2011£196,333 £1,582 12
2010£264,125 £2,809 6
2009£175,000 £1,814 3
2008£194,645 £2,330 11
2007£186,416 £2,059 12
2006£217,636 £2,218 11
2005£160,277 £1,844 9
2004£184,900 £1,779 25
2003£155,975 £1,972 20
2002£141,062 £1,828 10
2001£107,330 £1,140 18
2000£116,817 £1,115 11
1999£80,846 £754 13
1998£81,250 £791 17
1997£69,911 £804 17
1996£73,500 £699 16
1995£65,587 £540 8
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£436,7504
2023£445,000 £4,570 6
2022£499,083 £3,232 6
2021£890,714 £7,694 7
2020£418,401 £8,574 12
2019£776,571 £3,379 14
2018£560,462 £1,734 13
2017£423,81312
2016£332,153 £2,610 7
2015£356,666 £4,232 3
2014£264,2502
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£690,0001
2023£384,000 £2,453 3
2022£623,333 £4,783 3
2021£534,286 £3,936 7
2019£585,400 £3,396 5
2018£712,500 £3,506 4
2017£768,750 £4,323 4
2016£218,000 £2,740 1
2013£432,500 £3,553 2
2011£679,000 £1,973 2
2010£875,000 £3,155 2
2009£260,0001
2008£310,000 £2,123 3
2007£278,833 £2,837 3
2006£274,250 £3,313 4
2005£312,0002
2004£336,0002
2003£294,285 £1,756 7
2002£258,900 £1,644 5
2001£111,500 £1,018 2
2000£168,750 £1,180 4
1998£252,500 £979 2
1997£146,738 £1,153 4
1996£77,758 £810 3
1995£111,000 £911 7
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£345,000 £4,059 1
2023£690,000 £4,182 1
2022£623,929 £4,250 14
2021£638,615 £3,797 13
2020£328,750 £3,072 4
2019£515,139 £3,700 9
2018£220,000 £2,018 1
2017£623,333 £4,305 3
2016£414,250 £3,753 6
2015£800,0001
2014£484,000 £1,926 2
2013£196,667 £2,896 3
2012£115,000 £2,198 1
2011£166,325 £2,279 6
2010£230,000 £2,230 2
2009£382,5002
2008£233,000 £2,445 2
2007£263,000 £2,554 5
2006£199,056 £1,813 9
2005£189,499 £3,035 4
2004£204,786 £1,997 7
2003£169,286 £1,568 7
2002£208,214 £1,739 7
2001£307,4983
2000£112,714 £1,222 7
1999£117,321 £822 7
1998£67,500 £925 4
1997£96,700 £1,082 10
1996£71,250 £626 7
1995£64,333 £574 3

House Type in ME1 1GU area

The most common house types in the ME1 1GU postcode area are Flat (110), Detached (2), and converted building (2).

Total117
Flat110
Detached2
converted building2
commercial building2
Semi-detached1
Terraced0
Shared house0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (35), and Shared ownership: Shared ownership (23).

Owned: Owns with a mortgage or loan35
Shared ownership: Shared ownership23
Private rented: Private landlord or letting agency23
Social rented: Other social rented22
Owned: Owns outright10
Social rented: Rents from council or Local Authority4
Does not apply0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the ME1 1GU have 1 person in household (57), and 2 people in household (42).

1 person in household57
2 people in household42
3 people in household11
4 people in household4
5 people in household2
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0