Housing Market Analysis for ME1 1LB

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average ME1 1LB 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.

    All the Sales in the ME1 1LB

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

    AddressSold DatePrice% Change

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

    ME1 1LB Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £154,740 median price is £145,000 Standard Deviation is £87,018 with Total Sold: 886
      • The Last 5 Year average price is £229,500 with Total Sold: 250
      • 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 £286,608 median price is £265,000 Standard Deviation is £165,983 with Total Sold: 547
      • The Last 5 Year average price is £441,628 with Total Sold: 167
      • 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 , 37 ST MARGARETS STREET: £69,000 (Sold on 12 Jan 1995)
    • Semi-Detached
      • The average price is around £313,402 median price is £240,000 Standard Deviation is £223,657 with Total Sold: 200
      • The Last 5 Year average price is £572,065 with Total Sold: 50
      • The most recent sale happened at this postcode is , 81 HATHAWAY COURT: £435,000 (Sold on 14 Jun 2024)
      • The first recorded sale happened at this postcode is , 22A HIGH STREET: £58,000 (Sold on 14 Feb 1995)
    • Other
      • The average price is around £479,177 median price is £385,000 Standard Deviation is £403,770 with Total Sold: 63
      • The Last 5 Year average price is £539,576 with Total Sold: 37
      • 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 £415,114 median price is £335,000 Standard Deviation is £326,001 with Total Sold: 91
      • The Last 5 Year average price is £606,761 with Total Sold: 18
      • 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 , 55 HATHAWAY COURT: £94,000 (Sold on 10 Apr 1995)

    Sold Price Trend Over the Years:

    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£215,716 £3,413 12
    2023£241,088 £3,882 54
    2022£219,760 £3,062 24
    2021£230,173 £3,183 52
    2020£221,056 £3,338 48
    2019£231,896 £3,686 60
    2018£170,826 £3,015 23
    2017£187,375 £2,915 18
    2016£177,438 £2,980 24
    2015£157,579 £2,557 38
    2014£141,569 £2,410 29
    2013£148,281 £2,110 16
    2012£121,333 £1,973 12
    2011£119,000 £2,087 19
    2010£139,286 £2,301 7
    2009£92,200 £1,803 10
    2008£134,484 £2,396 31
    2007£150,486 £2,088 40
    2006£135,218 £2,349 49
    2005£150,769 £2,251 31
    2004£143,204 £2,221 69
    2003£148,398 £2,259 33
    2002£132,590 £1,754 37
    2001£74,616 £1,454 24
    2000£71,989 £1,250 39
    1999£48,991 £1,019 28
    1998£56,026 £1,018 17
    1997£53,516 £880 15
    1996£50,188 £877 12
    1995£38,999 £786 15
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£491,667 £3,723 6
    2023£494,794 £4,849 17
    2022£482,191 £3,983 34
    2021£398,530 £4,054 33
    2020£376,590 £3,780 35
    2019£468,183 £3,297 42
    2018£406,432 £3,649 16
    2017£357,750 £3,216 20
    2016£357,700 £3,137 15
    2015£315,636 £2,872 21
    2014£296,966 £2,743 29
    2013£277,997 £2,689 19
    2012£303,340 £2,542 10
    2011£228,318 £2,081 11
    2010£309,188 £2,181 8
    2009£225,333 £3,044 3
    2008£213,810 £2,343 10
    2007£213,866 £2,288 15
    2006£215,703 £2,326 16
    2005£214,249 £1,848 16
    2004£209,029 £2,040 17
    2003£198,762 £1,885 21
    2002£170,726 £1,933 16
    2001£137,750 £1,429 14
    2000£129,350 £1,162 15
    1999£96,916 £922 18
    1998£110,369 £1,020 23
    1997£94,439 £1,036 18
    1996£80,062 £734 16
    1995£74,259 £666 13
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£617,5002
    2023£600,000 £4,720 2
    2022£629,188 £4,147 16
    2021£602,625 £3,850 16
    2020£345,000 £3,164 4
    2019£507,925 £3,707 10
    2018£350,500 £3,574 3
    2017£606,250 £4,244 4
    2016£463,000 £3,717 5
    2015£501,667 £3,341 3
    2014£567,500 £3,424 2
    2013£277,500 £2,843 6
    2012£317,500 £3,513 2
    2011£250,990 £2,611 5
    2010£247,333 £2,271 3
    2009£289,600 £2,509 5
    2008£250,000 £2,349 1
    2007£275,200 £2,381 10
    2006£236,772 £1,952 11
    2005£232,500 £3,223 4
    2004£227,167 £2,051 9
    2003£201,364 £1,613 11
    2002£219,999 £1,773 9
    2001£267,899 £1,592 5
    2000£146,927 £1,278 7
    1999£140,999 £1,122 9
    1998£109,625 £1,097 8
    1997£102,541 £1,107 11
    1996£84,841 £778 11
    1995£91,583 £510 6
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£436,7504
    2023£409,643 £4,578 7
    2022£627,3333
    2021£1,126,250 £13,178 4
    2020£385,313 £8,574 9
    2019£549,500 £3,616 10
    2018£587,688 £1,595 8
    2017£310,5958
    2016£287,814 £2,610 5
    2015£356,666 £4,232 3
    2014£264,2502
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£690,0001
    2023£458,900 £4,369 3
    2022£623,333 £4,783 3
    2021£571,250 £4,151 8
    2019£805,000 £3,628 3
    2018£873,333 £4,286 3
    2017£633,000 £4,011 5
    2016£599,000 £3,491 2
    2015£380,000 £3,193 1
    2014£485,000 £4,076 1
    2013£432,500 £3,553 2
    2012£290,000 £3,197 1
    2011£679,000 £1,973 2
    2010£573,750 £2,494 4
    2009£297,5002
    2008£323,750 £2,917 4
    2007£299,500 £2,701 5
    2006£444,988 £2,922 4
    2005£1,012,5002
    2004£313,5002
    2003£380,000 £2,262 3
    2002£279,500 £1,775 5
    2001£290,0001
    2000£168,750 £1,180 4
    1999£117,000 £901 2
    1998£320,0001
    1997£146,990 £1,156 5
    1996£142,6944
    1995£127,000 £906 8

    House Type in ME1 1LB area

    The most common house types in the ME1 1LB postcode area are Terraced (66), Semi-detached (27), and Shared house (23).

    Total159
    Terraced66
    Semi-detached27
    Shared house23
    Detached16
    Flat15
    converted building7
    commercial building5
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (53), and Owned: Owns outright (48).

    Private rented: Private landlord or letting agency53
    Owned: Owns outright48
    Owned: Owns with a mortgage or loan45
    Private rented: Other private rented14
    Social rented: Other social rented1
    Does not apply0
    Shared ownership: Shared ownership0
    Social rented: Rents from council or Local Authority0
    Lives rent free0

    Number of People in a Household

    The most houses in the ME1 1LB have 1 person in household (76), and 2 people in household (54).

    1 person in household76
    2 people in household54
    3 people in household14
    4 people in household13
    5 people in household3
    7 people in household2
    6 people in household1
    0 people in household0
    8 or more people in household0