Housing Market Analysis for GEORGE LANE, ME1 1NW

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £128,972 median price is £122,000 Standard Deviation is £53,433 with Total Sold: 29
    • The Last 5 Year average price is £219,375 with Total Sold: 4
    • The most recent sale happened at this postcode is 5 GEORGE LANE: £265,000 (Sold on 26 Sep 2022)
    • The first recorded sale happened at this postcode is 1 GEORGE LANE: £39,000 (Sold on 25 Aug 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average ME1 1NW 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
2022£258,750 £3,344 2
2021£180,000 £2,707 2
2017£165,125 £2,768 4
2008£165,0001
2007£128,000 £2,027 5
2006£122,000 £2,180 2
2005£108,562 £1,781 4
2002£117,475 £1,786 2
2001£86,498 £1,299 2
2000£67,750 £1,180 2
1999£78,500 £1,121 1
1996£58,000 £829 1
1995£39,000 £780 1

All the Sales in the GEORGE LANE, ME1 1NW

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

AddressSold DatePrice% Change
5 GEORGE LANEFlat, LeaseholdArea: 70 Sq.mtrAge: 1900-192926 Sep 2022£265,000356.90%
18 Nov 1996£58,000First Sale
3 GEORGE LANEFlat, LeaseholdArea: 87 Sq.mtrAge: 1900-192927 Jun 2022£252,50020.24%
02 Jul 2021£210,00085.84%
20 Dec 2001£113,000First Sale
1 GEORGE LANEFlat, LeaseholdArea: 50 Sq.mtrAge: 1900-192903 Mar 2021£150,000-9.09%
13 Mar 2017£165,00047.32%
28 Mar 2007£112,0002.75%
12 May 2006£109,00084.75%
19 May 2000£59,00051.28%
25 Aug 1995£39,000First Sale
9 GEORGE LANEFlat, LeaseholdArea: 60 Sq.mtrAge: 1900-192908 Sep 2017£178,00034.85%
28 Mar 2007£132,0001.54%
01 Nov 2005£130,000First Sale
2 GEORGE LANEFlat, LeaseholdArea: 47 Sq.mtrAge: before 190018 Aug 2017£147,50044.61%
28 Mar 2007£102,0002.00%
01 Nov 2005£100,000First Sale
7 GEORGE LANEFlat, LeaseholdArea: 102 Sq.mtrAge: before 190003 May 2017£170,00039.34%
28 Mar 2007£122,0001.67%
01 Nov 2005£120,000First Sale
8 GEORGE LANEFlat, Leasehold14 Apr 2008£165,000115.69%
31 May 2000£76,500First Sale
4 GEORGE LANEFlat, LeaseholdArea: 70 Sq.mtrAge: 1900-192918 Jun 2007£172,00037.60%
24 Jul 2002£125,00059.24%
08 Jan 1999£78,500First Sale
11 GEORGE LANEFlat, Leasehold22 Nov 2006£135,00060.24%
22 Jul 2005£84,25040.43%
01 Aug 2001£59,995First Sale
6 GEORGE LANEFlat, Leasehold03 May 2002£109,950First Sale

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

GEORGE LANE, ME1 1NW Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £317,589 median price is £325,000 Standard Deviation is £193,575 with Total Sold: 269
    • The Last 5 Year average price is £438,363 with Total Sold: 83
    • 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 , 22 ST MARGARETS STREET: £95,000 (Sold on 31 Jul 1995)
  • Flat
    • The average price is around £160,701 median price is £157,000 Standard Deviation is £79,997 with Total Sold: 579
    • The Last 5 Year average price is £221,724 with Total Sold: 120
    • The most recent sale happened at this postcode is 27, CLOUDESLEY HOUSE CORPORATION STREET: £162,500 (Sold on 25 Jun 2024)
    • The first recorded sale happened at this postcode is , 5A NORTHGATE: £28,500 (Sold on 03 Feb 1995)
  • Other
    • The average price is around £469,038 median price is £335,000 Standard Deviation is £427,715 with Total Sold: 61
    • The Last 5 Year average price is £538,012 with Total Sold: 26
    • 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 £445,326 median price is £390,000 Standard Deviation is £316,495 with Total Sold: 61
    • The Last 5 Year average price is £557,054 with Total Sold: 13
    • 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 £352,784 median price is £257,500 Standard Deviation is £242,498 with Total Sold: 112
    • The Last 5 Year average price is £616,250 with Total Sold: 28
    • The most recent sale happened at this postcode is , 38 LOVE LANE: £510,000 (Sold on 27 Oct 2023)
    • 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£460,000 £3,442 3
2023£454,350 £3,798 10
2022£500,522 £3,904 23
2021£441,765 £4,469 17
2020£381,288 £3,885 30
2019£462,315 £3,319 34
2018£438,779 £3,860 9
2017£414,167 £3,222 6
2016£328,750 £3,740 2
2015£314,263 £2,841 9
2014£342,444 £2,822 9
2013£369,429 £2,763 7
2012£386,725 £3,700 4
2011£234,375 £1,812 4
2010£345,833 £1,741 3
2008£205,871 £2,828 7
2007£186,000 £2,360 5
2006£202,625 £1,988 8
2005£243,749 £3,623 4
2004£213,917 £2,190 9
2003£171,954 £1,795 11
2002£181,525 £2,637 5
2001£103,083 £1,294 6
2000£104,749 £1,245 6
1999£76,000 £832 5
1998£101,556 £1,040 9
1997£98,950 £1,154 12
1996£70,944 £742 9
1995£53,500 £611 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£190,062 £981 4
2023£209,232 £3,056 14
2022£207,110 £2,733 25
2021£228,648 £3,272 44
2020£232,702 £3,421 33
2019£232,561 £3,741 53
2018£171,417 £2,881 12
2017£211,864 £3,112 11
2016£193,410 £2,686 11
2015£163,103 £2,544 29
2014£151,750 £2,467 22
2013£161,000 £2,145 9
2012£118,417 £2,116 6
2011£126,349 £1,978 10
2010£163,500 £2,593 4
2009£121,667 £1,957 3
2008£141,500 £2,433 13
2007£164,273 £2,152 28
2006£146,028 £2,485 33
2005£155,931 £2,263 26
2004£153,212 £2,340 43
2003£149,316 £2,335 18
2002£158,914 £1,874 25
2001£75,240 £1,482 20
2000£75,933 £1,174 29
1999£52,884 £1,124 19
1998£57,649 £923 13
1997£51,124 £753 8
1996£46,214 £664 7
1995£47,571 £713 7
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£384,0003
2023£497,143 £4,570 7
2022£908,0004
2021£1,150,000 £13,178 2
2020£342,431 £7,752 10
2019£526,666 £3,616 9
2018£530,1679
2017£344,4126
2016£257,762 £2,610 6
2015£370,000 £964 2
2014£252,8333
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£690,0001
2023£550,850 £5,281 2
2022£623,333 £4,783 3
2021£511,429 £4,129 7
2019£805,000 £3,628 3
2018£873,333 £4,286 3
2017£686,250 £4,254 4
2015£380,000 £3,193 1
2013£432,500 £3,553 2
2011£679,000 £1,973 2
2010£875,000 £3,155 2
2009£260,0001
2008£323,750 £2,917 4
2007£345,833 £3,289 3
2006£394,9752
2005£325,0001
2004£392,0001
2003£395,0001
2002£298,125 £1,775 4
2000£146,667 £1,180 3
1999£108,000 £777 1
1998£320,0001
1997£146,738 £1,153 4
1996£109,2751
1995£134,750 £911 4
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£600,000 £4,720 2
2022£623,929 £4,250 14
2021£610,000 £4,044 12
2019£515,139 £3,700 9
2018£415,750 £4,352 2
2017£678,333 £5,265 3
2016£357,500 £3,423 2
2015£565,000 £3,341 2
2014£820,0001
2013£245,000 £2,526 1
2012£270,000 £3,857 1
2011£184,983 £2,677 3
2010£178,889 £2,230 3
2009£257,500 £2,704 2
2007£277,500 £2,567 6
2006£227,500 £2,015 3
2005£232,500 £3,223 4
2004£238,625 £2,554 4
2003£173,571 £1,568 7
2002£259,499 £1,798 4
2001£340,832 £2,041 3
2000£133,500 £1,321 2
1999£110,1244
1998£103,833 £1,415 3
1997£113,619 £1,274 8
1996£79,000 £376 6
1995£58,000 £358 1

House Type in ME1 1NW area

The most common house types in the ME1 1NW postcode area are Flat (57), commercial building (39), and Shared house (29).

Total147
Flat57
commercial building39
Shared house29
converted building13
Terraced6
Detached2
Semi-detached1
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (59), and Social rented: Other social rented (54).

Private rented: Private landlord or letting agency59
Social rented: Other social rented54
Owned: Owns outright14
Owned: Owns with a mortgage or loan14
Private rented: Other private rented8
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the ME1 1NW have 1 person in household (97), and 2 people in household (45).

1 person in household97
2 people in household45
3 people in household5
4 people in household2
0 people in household0
5 people in household0
6 people in household0
7 people in household0
8 or more people in household0