Housing Market Analysis for ME1 1LT

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average ME1 1LT 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 1LT

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

    AddressSold DatePrice% Change

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

    ME1 1LT Near By properties

    Interactive Map

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

    • Terraced
      • The average price is around £177,954 median price is £150,000 Standard Deviation is £120,035 with Total Sold: 1,187
      • The Last 5 Year average price is £322,224 with Total Sold: 236
      • The most recent sale happened at this postcode is , 100 ROCHESTER AVENUE: £310,000 (Sold on 16 Sep 2024)
      • The first recorded sale happened at this postcode is , 44 CASTLE AVENUE: £43,000 (Sold on 05 Jan 1995)
    • Other
      • The average price is around £597,318 median price is £302,800 Standard Deviation is £1,230,115 with Total Sold: 86
      • The Last 5 Year average price is £668,701 with Total Sold: 55
      • 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 £132,957 median price is £123,750 Standard Deviation is £75,176 with Total Sold: 1,326
      • The Last 5 Year average price is £201,547 with Total Sold: 314
      • 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 , 18 ROCHESTER GATE: £43,000 (Sold on 27 Mar 1995)
    • Semi-Detached
      • The average price is around £218,448 median price is £162,000 Standard Deviation is £188,134 with Total Sold: 323
      • The Last 5 Year average price is £490,456 with Total Sold: 45
      • 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 , 13 DELCE ROAD: £46,000 (Sold on 06 Feb 1995)
    • Detached
      • The average price is around £281,915 median price is £249,995 Standard Deviation is £178,401 with Total Sold: 77
      • The Last 5 Year average price is £456,474 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 , ORCHARD HOUSE KING EDWARD ROAD: £180,000 (Sold on 19 Jul 1995)

    Sold Price Trend Over the Years:

    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£309,479 £3,251 13
    2023£316,457 £3,347 23
    2022£374,822 £3,450 54
    2021£295,623 £3,399 61
    2020£324,735 £3,344 51
    2019£291,419 £2,895 34
    2018£277,442 £3,223 26
    2017£271,037 £2,890 45
    2016£262,668 £2,669 42
    2015£229,712 £2,474 39
    2014£218,227 £2,277 57
    2013£176,099 £2,064 40
    2012£158,242 £1,719 18
    2011£162,730 £1,584 25
    2010£149,553 £2,056 14
    2009£139,385 £1,636 13
    2008£169,102 £1,978 27
    2007£169,061 £1,933 45
    2006£154,424 £1,748 46
    2005£144,278 £1,737 36
    2004£148,326 £1,588 61
    2003£129,801 £1,526 52
    2002£109,151 £1,129 47
    2001£86,684 £981 58
    2000£72,358 £795 53
    1999£62,080 £665 60
    1998£58,875 £618 42
    1997£50,327 £585 41
    1996£50,575 £427 32
    1995£41,850 £457 32
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£464,3713
    2023£2,727,500 £22,640 4
    2022£397,196 £3,232 9
    2021£603,727 £7,694 11
    2020£322,408 £2,472 11
    2019£630,188 £4,621 17
    2018£559,625 £1,948 12
    2017£410,78913
    2016£57,5002
    2015£633,333 £4,883 3
    2014£520,0001
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£207,542 £3,413 14
    2023£227,924 £3,769 69
    2022£188,709 £3,059 49
    2021£198,838 £3,113 85
    2020£202,362 £3,190 64
    2019£168,312 £2,653 33
    2018£172,485 £2,976 49
    2017£164,650 £2,780 33
    2016£155,673 £2,925 49
    2015£146,705 £2,535 56
    2014£131,605 £2,358 44
    2013£111,834 £1,980 41
    2012£105,269 £1,987 39
    2011£112,607 £1,988 28
    2010£114,786 £2,249 21
    2009£107,675 £2,054 40
    2008£122,296 £2,330 55
    2007£136,237 £2,229 47
    2006£128,759 £2,191 69
    2005£132,581 £2,191 35
    2004£126,835 £2,099 87
    2003£128,220 £2,054 48
    2002£88,243 £1,495 51
    2001£63,769 £1,350 37
    2000£60,205 £1,162 50
    1999£41,070 £958 32
    1998£43,682 £842 37
    1997£38,081 £795 27
    1996£34,566 £699 15
    1995£33,795 £678 22
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£324,000 £4,476 5
    2023£505,500 £3,532 5
    2022£573,333 £4,400 15
    2021£566,545 £3,612 11
    2020£309,000 £3,005 5
    2019£386,500 £4,422 4
    2018£285,909 £3,137 11
    2017£338,143 £3,473 7
    2016£391,984 £3,473 10
    2015£346,450 £3,538 10
    2014£244,600 £2,449 5
    2013£265,380 £2,747 5
    2012£233,500 £3,198 7
    2011£140,875 £1,668 8
    2010£200,854 £2,334 14
    2009£295,500 £2,949 4
    2008£188,136 £1,952 11
    2007£191,091 £2,107 11
    2006£192,260 £1,718 15
    2005£161,018 £2,185 10
    2004£195,600 £2,207 15
    2003£181,934 £1,621 16
    2002£208,962 £1,536 13
    2001£126,124 £1,352 10
    2000£126,697 £1,168 19
    1999£94,542 £750 19
    1998£57,380 £831 10
    1997£67,600 £597 20
    1996£62,985 £640 17
    1995£54,386 £521 11
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£351,000 £3,026 4
    2022£610,333 £4,687 6
    2021£499,000 £3,733 5
    2019£278,000 £3,012 4
    2018£360,000 £2,735 2
    2017£410,000 £3,462 2
    2016£218,000 £2,740 1
    2015£255,000 £5,667 1
    2014£440,000 £1,692 1
    2013£310,000 £3,846 2
    2009£186,000 £1,723 2
    2008£396,000 £3,015 1
    2007£230,750 £2,385 2
    2006£312,399 £2,869 5
    2005£192,5001
    2004£256,600 £2,315 5
    2003£279,166 £1,756 6
    2002£221,899 £1,583 5
    2001£141,000 £1,018 3
    2000£174,000 £1,645 5
    1999£134,0001
    1998£185,000 £979 1
    1997£125,738 £1,213 4
    1996£94,250 £810 4
    1995£104,5004

    House Type in ME1 1LT area

    The most common house types in the ME1 1LT postcode area are Flat (87), Terraced (10), and Shared house (4).

    Total105
    Flat87
    Terraced10
    Shared house4
    Semi-detached2
    converted building2
    Detached0
    commercial building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (38), and Social rented: Other social rented (36).

    Private rented: Private landlord or letting agency38
    Social rented: Other social rented36
    Owned: Owns with a mortgage or loan11
    Owned: Owns outright9
    Shared ownership: Shared ownership6
    Social rented: Rents from council or Local Authority5
    Does not apply0
    Private rented: Other private rented0
    Lives rent free0

    Number of People in a Household

    The most houses in the ME1 1LT have 1 person in household (49), and 2 people in household (36).

    1 person in household49
    2 people in household36
    3 people in household16
    4 people in household5
    6 people in household1
    0 people in household0
    5 people in household0
    7 people in household0
    8 or more people in household0