Housing Market Analysis for FAY CLOSE, ME1 1LZ

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £285,202 median price is £238,000 Standard Deviation is £122,082 with Total Sold: 32
    • The Last 5 Year average price is £562,000 with Total Sold: 3
    • The most recent sale happened at this postcode is 15 FAY CLOSE: £630,000 (Sold on 12 Sep 2022)
    • The first recorded sale happened at this postcode is 1 FAY CLOSE: £219,995 (Sold on 25 Nov 1999)
  • Terraced
    • The average price is around £155,499 median price is £172,000 Standard Deviation is £35,422 with Total Sold: 9
    • The most recent sale happened at this postcode is 17 FAY CLOSE: £200,000 (Sold on 17 Jun 2015)
    • The first recorded sale happened at this postcode is 18 FAY CLOSE: £108,495 (Sold on 26 Apr 2000)
  • Semi-Detached
    • The average price is around £148,749 median price is £160,000 Standard Deviation is £22,567 with Total Sold: 4
    • The most recent sale happened at this postcode is 17 FAY CLOSE: £165,000 (Sold on 03 Dec 2010)
    • The first recorded sale happened at this postcode is 17 FAY CLOSE: £109,995 (Sold on 28 Apr 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average ME1 1LZ 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£562,000 £4,129 3
2017£550,000 £3,601 1
2016£340,000 £3,091 1
2015£345,000 £2,894 3
2011£344,500 £2,277 2
2009£330,000 £2,379 1
2007£300,0001
2005£279,750 £2,118 2
2002£231,300 £1,937 5
2001£200,000 £1,527 1
2000£184,746 £1,533 10
1999£216,495 £1,619 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£200,000 £3,083 1
2011£160,000 £2,432 1
2007£176,000 £2,713 1
2006£192,5001
2005£175,500 £2,666 1
2003£172,0001
2000£107,830 £1,660 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2010£165,000 £2,543 1
2004£157,000 £2,420 1
2002£163,000 £2,512 1
2000£109,995 £1,695 1

All the Sales in the FAY CLOSE, ME1 1LZ

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

AddressSold DatePrice% Change
15 FAY CLOSEDetached, FreeholdArea: 150 Sq.mtrAge: 1996-200212 Sep 2022£630,00059.49%
01 May 2015£395,0008.22%
14 Sep 2011£365,00061.86%
07 Jun 2002£225,50027.04%
31 Aug 2000£177,500First Sale
2 FAY CLOSEDetached, FreeholdArea: 129 Sq.mtrAge: 1991-199526 Aug 2022£578,00020.92%
11 Mar 2022£478,000124.42%
09 Dec 1999£212,995First Sale
3 FAY CLOSEDetached, FreeholdArea: 152.72 Sq.mtrAge: 1996-200217 Oct 2017£550,00069.75%
16 Sep 2011£324,00044.00%
25 Feb 2000£224,995First Sale
11 FAY CLOSEDetached, FreeholdArea: 110 Sq.mtrAge: 1996-200211 Apr 2016£340,00083.79%
04 Aug 2000£184,995First Sale
12 FAY CLOSEDetached, FreeholdArea: 115 Sq.mtrAge: 1996-200230 Sep 2015£320,00030.08%
04 Oct 2002£246,00026.16%
28 Jul 2000£194,995First Sale
17 FAY CLOSETerraced, FreeholdArea: 64.88 Sq.mtrAge: 1996-200217 Jun 2015£200,00021.21%
03 Dec 2010£165,000-6.25%
28 Sep 2007£176,00012.10%
03 Mar 2004£157,000-3.68%
27 Sep 2002£163,00048.19%
28 Apr 2000£109,995First Sale
10 FAY CLOSEDetached, FreeholdArea: 98 Sq.mtrAge: 1996-200222 May 2015£320,00039.13%
14 Aug 2002£230,00028.50%
31 Mar 2000£178,995First Sale
18 FAY CLOSETerraced, FreeholdArea: 65.78 Sq.mtrAge: 1996-200226 Aug 2011£160,00047.47%
26 Apr 2000£108,495First Sale
1 FAY CLOSEDetached, FreeholdArea: 138.7 Sq.mtrAge: 1996-200211 Dec 2009£330,00050.00%
25 Nov 1999£219,995First Sale
14 FAY CLOSEDetached, Freehold19 Mar 2007£300,000First Sale
16 FAY CLOSETerraced, Freehold17 Nov 2006£192,50011.92%
05 Dec 2003£172,00063.81%
21 Jul 2000£105,000First Sale
9 FAY CLOSEDetached, Freehold25 Nov 2005£282,00056.67%
17 Mar 2000£179,995First Sale
19 FAY CLOSETerraced, FreeholdArea: 65.83 Sq.mtrAge: 1996-200207 Oct 2005£175,50059.55%
28 Apr 2000£109,995First Sale
5 FAY CLOSEDetached, FreeholdArea: 131 Sq.mtrAge: 1996-200221 Jul 2005£277,50038.75%
19 Jul 2001£200,00014.29%
15 Feb 2000£174,995First Sale
7 FAY CLOSEDetached, FreeholdArea: 122 Sq.mtrAge: 1991-199518 Nov 2002£265,00039.47%
31 Jan 2002£190,0007.35%
25 Feb 2000£176,995First Sale
6 FAY CLOSEDetached, FreeholdArea: 108 Sq.mtrAge: 1996-200202 Jun 2000£175,000First Sale
8 FAY CLOSEDetached, Freehold25 Feb 2000£178,995First Sale

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

FAY CLOSE, ME1 1LZ Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £171,192 median price is £154,000 Standard Deviation is £90,419 with Total Sold: 627
    • The Last 5 Year average price is £282,185 with Total Sold: 89
    • The most recent sale happened at this postcode is , 32 SIDNEY ROAD: £250,000 (Sold on 20 Sep 2024)
    • The first recorded sale happened at this postcode is , 85 BORSTAL STREET: £44,000 (Sold on 10 Apr 1995)
  • Flat
    • The average price is around £130,341 median price is £125,000 Standard Deviation is £53,505 with Total Sold: 810
    • The Last 5 Year average price is £207,389 with Total Sold: 85
    • The most recent sale happened at this postcode is , 7 HARRIET DRIVE: £222,000 (Sold on 17 Jun 2024)
    • The first recorded sale happened at this postcode is , 54A BORSTAL STREET: £12,500 (Sold on 14 Mar 1995)
  • Detached
    • The average price is around £379,204 median price is £343,000 Standard Deviation is £228,838 with Total Sold: 247
    • The Last 5 Year average price is £676,703 with Total Sold: 37
    • 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 , 108 BORSTAL ROAD: £116,000 (Sold on 07 Apr 1995)
  • Semi-Detached
    • The average price is around £232,648 median price is £193,500 Standard Deviation is £151,786 with Total Sold: 278
    • The Last 5 Year average price is £428,138 with Total Sold: 29
    • The most recent sale happened at this postcode is , 21 GODDINGS DRIVE: £376,000 (Sold on 15 Feb 2024)
    • The first recorded sale happened at this postcode is , 40 GODDINGS DRIVE: £50,000 (Sold on 10 Mar 1995)
  • Other
    • The average price is around £223,793 median price is £165,748 Standard Deviation is £237,293 with Total Sold: 8
    • The Last 5 Year average price is £243,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , 72 - 74 BORSTAL STREET: £435,000 (Sold on 27 Oct 2023)
    • The first recorded sale happened at this postcode is , 1C HILL ROAD: £199,000 (Sold on 17 Nov 2014)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£283,000 £2,723 10
2023£307,250 £3,536 12
2022£274,393 £3,267 14
2021£267,825 £3,322 20
2020£314,000 £3,051 15
2019£260,528 £2,904 18
2018£244,804 £3,049 14
2017£252,294 £2,989 17
2016£264,219 £2,804 16
2015£221,115 £2,460 13
2014£182,700 £2,027 18
2013£192,938 £2,013 16
2012£186,268 £1,852 16
2011£209,714 £2,000 14
2010£165,071 £1,724 7
2009£172,267 £1,699 15
2008£159,294 £1,736 17
2007£175,186 £2,014 42
2006£167,163 £1,877 30
2005£183,704 £1,930 22
2004£171,333 £1,718 31
2003£129,129 £1,464 19
2002£130,266 £1,326 41
2001£125,736 £1,207 40
2000£111,237 £1,156 47
1999£116,446 £1,062 60
1998£43,981 £604 14
1997£55,493 £600 8
1996£40,537 £444 12
1995£39,417 £490 9
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£209,0003
2023£199,962 £3,230 12
2022£227,071 £3,854 21
2021£210,875 £3,281 16
2020£189,971 £3,006 17
2019£201,844 £3,034 16
2018£185,750 £2,848 21
2017£179,880 £2,886 23
2016£169,547 £2,842 16
2015£158,188 £2,761 24
2014£153,443 £2,500 33
2013£139,667 £2,102 15
2012£123,375 £2,093 12
2011£124,250 £2,177 14
2010£129,325 £2,427 8
2009£122,250 £1,891 12
2008£141,529 £2,356 17
2007£153,178 £2,502 36
2006£144,459 £2,312 50
2005£143,730 £2,274 25
2004£141,702 £2,205 41
2003£117,618 £2,044 46
2002£118,401 £1,829 71
2001£102,437 £1,657 71
2000£89,726 £1,428 115
1999£68,503 £1,158 59
1998£35,437 £645 8
1997£26,500 £473 1
1996£34,333 £513 3
1995£27,875 £468 4
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£600,0001
2023£819,000 £5,890 5
2022£655,111 £4,223 9
2021£693,750 £4,148 12
2020£568,143 £3,522 7
2019£715,000 £4,314 3
2018£560,286 £3,463 7
2017£523,856 £3,506 7
2016£408,750 £3,404 6
2015£412,000 £3,041 9
2014£557,438 £2,748 8
2013£516,875 £2,738 8
2012£439,000 £2,947 16
2011£475,464 £2,838 13
2010£449,400 £3,105 5
2009£365,000 £2,123 10
2008£437,990 £1,653 5
2007£373,556 £2,319 9
2006£335,429 £2,354 7
2005£280,700 £2,791 5
2004£293,000 £2,663 6
2003£275,583 £2,315 6
2002£226,545 £1,784 11
2001£212,345 £1,569 13
2000£191,145 £1,570 17
1999£180,588 £1,366 16
1998£147,125 £851 4
1997£105,214 £847 7
1996£125,100 £1,027 10
1995£99,400 £604 5
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£376,0001
2023£433,400 £3,954 5
2022£558,389 £4,049 9
2021£364,600 £3,819 5
2020£408,900 £3,590 5
2019£245,000 £3,501 4
2018£410,864 £3,235 11
2017£409,250 £3,012 4
2016£299,571 £3,399 7
2015£334,833 £2,841 9
2014£317,750 £2,260 10
2013£381,833 £2,408 3
2012£282,171 £2,669 8
2011£236,056 £1,986 9
2010£209,000 £2,226 10
2009£302,000 £2,105 5
2008£180,550 £1,844 10
2007£288,888 £2,047 9
2006£202,428 £1,998 14
2005£219,497 £2,059 17
2004£189,796 £1,951 16
2003£241,957 £1,681 7
2002£170,842 £1,900 19
2001£170,055 £1,269 18
2000£154,676 £1,316 11
1999£125,256 £1,158 20
1998£82,800 £808 10
1997£80,887 £747 9
1996£69,969 £679 8
1995£71,5005
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£435,000 £6,591 1
2021£52,000 £867 1
2018£196,500 £2,977 1
2017£10,0001
2016£442,498 £3,219 2
2015£12,850 £186 1
2014£199,000 £1,411 1

House Type in ME1 1LZ area

The most common house types in the ME1 1LZ postcode area are Flat (62), Detached (41), and Semi-detached (23).

Total144
Flat62
Detached41
Semi-detached23
Terraced16
Shared house2
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (51), and Owned: Owns with a mortgage or loan (48).

Social rented: Other social rented51
Owned: Owns with a mortgage or loan48
Owned: Owns outright28
Private rented: Private landlord or letting agency11
Private rented: Other private rented3
Shared ownership: Shared ownership2
Social rented: Rents from council or Local Authority2
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the ME1 1LZ have 2 people in household (59), and 1 person in household (52).

2 people in household59
1 person in household52
4 people in household19
3 people in household9
5 people in household3
6 people in household1
8 or more people in household1
0 people in household0
7 people in household0