Housing Market Analysis for VALETTA WAY, ME1 1LQ

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

Overview of Sold House prices

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

Flat
- The average price is around £203,845 median price is £186,000 Standard Deviation is £69,905 with Total Sold: 48
- The Last 5 Year average price is £303,125 with Total Sold: 4
- The most recent sale happened at this postcode is FLAT 53, BRIDGE HOUSE VALETTA WAY: £375,000 (Sold on 04 Feb 2022)
- The first recorded sale happened at this postcode is FLAT 61, BRIDGE HOUSE VALETTA WAY: £99,995 (Sold on 03 Nov 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average ME1 1LQ 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
2022	£295,000	£4,193	2
2021	£372,500	£3,211	1
2020	£250,000	£4,386	1
2018	£245,000	£3,889	1
2017	£215,000	£3,359	1
2016	£239,000	£3,484	3
2015	£300,000	£2,236	1
2014	£243,333	£2,721	3
2013	£161,250	£2,600	2
2012	£175,000	£2,739	1
2010	£229,833	£2,488	3
2009	£174,750	£2,730	1
2007	£203,750	£3,266	2
2006	£290,000	£2,397	1
2005	£235,330	£2,725	3
2004	£158,250	£3,045	4
2003	£249,995	£2,066	1
2002	£179,999	£2,380	5
2001	£168,490	£2,375	5
2000	£139,199	£2,684	7

All the Sales in the VALETTA WAY, ME1 1LQ

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

Address	Sold Date	Price	% Change
FLAT 53, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 116 Sq.mtrAge: 1996-2002	04 Feb 2022	£375,000	0.67%
	30 Apr 2021	£372,500	24.17%
	19 May 2014	£300,000	13.21%
	29 Nov 2001	£265,000	First Sale
FLAT 50, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 41.72 Sq.mtrAge: 1996-2002	07 Jan 2022	£215,000	11.98%
	14 Oct 2016	£192,000	37.14%
	24 Sep 2004	£140,000	27.27%
	27 Nov 2000	£110,000	First Sale
FLAT 57, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 57 Sq.mtrAge: 1996-2002	03 Jul 2020	£250,000	66.72%
	20 Dec 2000	£149,950	First Sale
FLAT 55, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 63 Sq.mtrAge: 1996-2002	20 Apr 2018	£245,000	-1.80%
	11 Dec 2000	£249,500	First Sale
FLAT 45, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 64 Sq.mtrAge: 2007-2011	06 Jan 2017	£215,000	23.03%
	03 Jul 2009	£174,750	First Sale
FLAT 63, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 121 Sq.mtrAge: 1996-2002	30 Jun 2016	£325,000	10.17%
	05 Aug 2014	£295,000	6.88%
	21 Jan 2010	£276,000	-4.83%
	12 Oct 2006	£290,000	16.00%
	09 Jun 2003	£249,995	First Sale
FLAT 62, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 63.23 Sq.mtrAge: 1996-2002	22 Jun 2016	£200,000	12.36%
	18 Jun 2004	£178,000	7.88%
	22 Jun 2001	£165,000	First Sale
FLAT 52, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 134.14 Sq.mtr	20 Feb 2015	£300,000	5.26%
	28 May 2010	£285,000	8.78%
	21 Jan 2005	£262,000	4.80%
	08 Jan 2002	£249,995	First Sale
FLAT 61, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 43 Sq.mtrAge: 1996-2002	31 Mar 2014	£135,000	35.01%
	03 Nov 2000	£99,995	First Sale
FLAT 48, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 62 Sq.mtrAge: 1996-2002	18 Oct 2013	£180,000	-11.11%
	12 Oct 2007	£202,500	22.73%
	18 Jun 2002	£165,000	First Sale
FLAT 60, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 62.03 Sq.mtrAge: 1996-2002	31 Jan 2013	£142,500	-13.64%
	05 Jun 2001	£165,000	First Sale
FLAT 51, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 63.9 Sq.mtrAge: 1996-2002	18 May 2012	£175,000	-9.79%
	30 Sep 2005	£193,995	7.78%
	10 Sep 2004	£180,000	16.13%
	15 Mar 2002	£155,000	First Sale
FLAT 56, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 42 Sq.mtrAge: 1996-2002	30 Jul 2010	£128,500	First Sale
FLAT 59, BRIDGE HOUSE VALETTA WAYFlat, Leasehold	23 Mar 2007	£205,000	First Sale
FLAT 64, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 78.44 Sq.mtrAge: 1996-2002	15 Feb 2005	£249,995	First Sale
FLAT 58, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 42.3 Sq.mtrAge: 1996-2002	05 Jul 2004	£135,000	35.01%
	10 Nov 2000	£99,995	First Sale
FLAT 43, BRIDGE HOUSE VALETTA WAYFlat, Leasehold	18 Jul 2002	£165,000	First Sale
FLAT 46, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 64.2 Sq.mtrAge: 1996-2002	21 May 2002	£165,000	First Sale
FLAT 54, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 77 Sq.mtrAge: 2003-2006	27 Jul 2001	£149,950	First Sale
FLAT 44, BRIDGE HOUSE VALETTA WAYFlat, Leasehold	12 Apr 2001	£97,500	First Sale
FLAT 49, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 63.69 Sq.mtrAge: 2003-2006	27 Nov 2000	£165,000	First Sale
FLAT 47, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 43.88 Sq.mtrAge: 1996-2002	27 Nov 2000	£99,950	First Sale

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

VALETTA WAY, ME1 1LQ Near By properties

Interactive Map

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

Terraced
- The average price is around £206,578 median price is £185,000 Standard Deviation is £115,730 with Total Sold: 1,149
- The Last 5 Year average price is £368,825 with Total Sold: 163
- 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)
Flat
- The average price is around £153,127 median price is £140,000 Standard Deviation is £79,739 with Total Sold: 1,219
- The Last 5 Year average price is £254,323 with Total Sold: 201
- 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)
Semi-Detached
- The average price is around £276,111 median price is £240,000 Standard Deviation is £187,102 with Total Sold: 384
- The Last 5 Year average price is £548,440 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 , 22 HORSLEY ROAD: £54,000 (Sold on 31 Mar 1995)
Other
- The average price is around £670,153 median price is £520,000 Standard Deviation is £650,041 with Total Sold: 16
- The Last 5 Year average price is £700,175 with Total Sold: 14
- 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 , 78 JOHN STREET: £450,000 (Sold on 08 Jun 2017)
Detached
- The average price is around £392,910 median price is £327,500 Standard Deviation is £294,795 with Total Sold: 138
- The Last 5 Year average price is £698,907 with Total Sold: 14
- 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 , 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	£359,833	£3,672	9
2023	£458,065	£4,502	23
2022	£375,448	£3,829	29
2021	£361,250	£3,578	48
2020	£328,452	£3,378	21
2019	£339,967	£3,293	33
2018	£336,697	£3,445	27
2017	£313,963	£3,062	38
2016	£305,004	£3,138	31
2015	£281,835	£2,561	31
2014	£250,063	£2,476	49
2013	£213,955	£2,194	40
2012	£215,673	£2,049	37
2011	£207,687	£2,073	40
2010	£214,220	£1,948	25
2009	£183,690	£2,010	21
2008	£183,232	£1,992	22
2007	£210,072	£2,071	46
2006	£191,719	£2,027	49
2005	£195,872	£1,926	51
2004	£182,524	£1,791	38
2003	£171,618	£1,627	41
2002	£161,035	£1,511	74
2001	£124,408	£1,208	48
2000	£118,268	£1,124	63
1999	£113,900	£1,027	81
1998	£99,439	£916	37
1997	£73,793	£782	44
1996	£58,011	£549	31
1995	£62,516	£618	22

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£197,500	£3,750	6
2023	£276,799	£3,744	47
2022	£278,289	£3,880	78
2021	£237,373	£3,423	26
2020	£208,182	£3,557	22
2019	£203,009	£3,436	22
2018	£193,316	£3,389	34
2017	£205,510	£3,231	22
2016	£203,090	£3,245	31
2015	£176,988	£2,959	42
2014	£157,696	£2,635	46
2013	£168,842	£2,331	19
2012	£151,570	£2,229	20
2011	£166,071	£2,414	21
2010	£201,927	£2,500	11
2009	£150,456	£2,162	17
2008	£162,965	£2,656	29
2007	£167,506	£2,798	50
2006	£159,061	£2,594	49
2005	£149,228	£2,422	50
2004	£158,578	£2,463	62
2003	£139,806	£2,358	61
2002	£114,869	£2,025	79
2001	£114,522	£1,871	74
2000	£92,296	£1,616	117
1999	£86,822	£1,401	71
1998	£83,750	£1,357	33
1997	£62,427	£1,192	53
1996	£72,450	£778	15
1995	£47,666	£755	12

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£600,000	£4,691	4
2023	£520,000	£4,813	8
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	£423,312	£3,550	8
2017	£472,692	£3,465	13
2016	£469,750	£3,166	8
2015	£404,042	£3,105	12
2014	£424,100	£2,748	5
2013	£333,400	£2,421	5
2012	£342,062	£3,166	8
2011	£285,439	£2,259	9
2010	£332,636	£2,146	11
2009	£236,624	£2,768	8
2008	£184,833	£1,934	6
2007	£298,250	£2,100	17
2006	£268,333	£2,231	18
2005	£247,949	£2,065	11
2004	£264,714	£1,994	18
2003	£254,472	£1,680	18
2002	£242,462	£1,620	27
2001	£207,038	£1,401	13
2000	£172,434	£1,229	16
1999	£138,017	£1,036	32
1998	£94,016	£962	19
1997	£76,839	£810	19
1996	£94,714	£687	21
1995	£90,900	£585	12

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£170,000		1
2023	£197,500	£4,593	1
2022	£768,225	£9,253	2
2021	£217,000	£11,000	3
2020	£865,000	£18,987	3
2019	£1,163,125		4
2018	£470,000		1
2017	£450,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£690,000		1
2023	£601,940	£5,022	5
2022	£750,000	£4,098	1
2021	£653,333	£4,353	3
2020	£670,000	£3,661	1
2019	£901,667	£3,504	3
2018	£769,500	£4,005	5
2017	£651,667	£4,164	6
2016	£632,500	£4,347	4
2015	£462,500	£3,172	4
2014	£482,000	£3,328	5
2013	£295,000	£2,786	2
2012	£314,000	£2,756	2
2011	£341,750	£3,440	4
2010	£609,000	£2,404	5
2009	£305,000	£2,443	3
2008	£404,333	£2,941	6
2007	£339,286	£2,536	7
2006	£494,992	£2,646	6
2005	£1,044,000	£2,622	2
2004	£327,500	£1,736	5
2003	£423,000	£2,415	6
2002	£257,499	£1,675	6
2001	£252,639		5
2000	£181,667	£1,016	6
1999	£188,992	£1,102	6
1998	£189,698		4
1997	£158,625	£964	8
1996	£127,417	£831	6
1995	£135,045	£924	11

House Type in ME1 1LQ area

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