Housing Market Analysis for ME1 1QP

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £235,000 median price is £235,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £235,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2, THE GATEHOUSE SHORTS REACH: £235,000 (Sold on 24 Feb 2023)
    • The first recorded sale happened at this postcode is 2, THE GATEHOUSE SHORTS REACH: £235,000 (Sold on 24 Feb 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average ME1 1QP 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
2023£235,0001

All the Sales in the ME1 1QP

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

AddressSold DatePrice% Change
2, THE GATEHOUSE SHORTS REACHFlat, Leasehold24 Feb 2023£235,000First Sale

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

ME1 1QP Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £227,598 median price is £210,000 Standard Deviation is £133,522 with Total Sold: 1,005
    • The Last 5 Year average price is £401,887 with Total Sold: 147
    • 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 £156,081 median price is £140,500 Standard Deviation is £88,238 with Total Sold: 1,229
    • The Last 5 Year average price is £258,300 with Total Sold: 210
    • 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 £289,228 median price is £247,000 Standard Deviation is £196,445 with Total Sold: 359
    • The Last 5 Year average price is £565,979 with Total Sold: 48
    • 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 £549,331 median price is £450,000 Standard Deviation is £610,122 with Total Sold: 21
    • The Last 5 Year average price is £620,153 with Total Sold: 16
    • 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 FLAT 2, PICKWICK PLACE, 34 THE TERRACE: £330,000 (Sold on 25 Jun 2015)
  • Detached
    • The average price is around £396,987 median price is £335,000 Standard Deviation is £293,300 with Total Sold: 144
    • The Last 5 Year average price is £683,313 with Total Sold: 15
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£393,444 £4,286 9
2023£471,975 £4,643 20
2022£405,359 £3,942 32
2021£407,818 £3,708 44
2020£333,971 £3,462 17
2019£380,156 £3,480 25
2018£364,924 £3,561 29
2017£338,631 £3,077 37
2016£333,956 £3,283 31
2015£296,622 £2,711 34
2014£279,136 £2,614 44
2013£248,336 £2,380 40
2012£251,290 £2,139 29
2011£224,528 £2,125 35
2010£238,750 £1,967 24
2009£187,500 £2,063 19
2008£200,478 £2,083 18
2007£220,360 £2,113 37
2006£199,640 £2,080 41
2005£203,736 £1,942 38
2004£208,058 £1,913 33
2003£177,398 £1,649 36
2002£171,596 £1,561 62
2001£127,429 £1,236 41
2000£127,684 £1,155 46
1999£111,606 £1,011 60
1998£101,981 £934 39
1997£82,468 £820 35
1996£62,062 £569 30
1995£67,743 £643 20
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£197,500 £3,750 6
2023£268,171 £3,503 50
2022£278,461 £3,740 77
2021£251,834 £3,361 32
2020£226,739 £3,555 23
2019£224,282 £3,433 22
2018£189,947 £3,407 38
2017£205,210 £3,089 26
2016£202,022 £3,353 36
2015£172,408 £2,849 49
2014£155,674 £2,613 46
2013£165,238 £2,326 21
2012£129,597 £2,131 35
2011£155,981 £2,407 27
2010£196,625 £2,512 12
2009£150,397 £2,134 17
2008£156,316 £2,623 30
2007£167,921 £2,801 49
2006£162,964 £2,633 57
2005£149,572 £2,398 47
2004£157,114 £2,458 60
2003£139,851 £2,342 56
2002£120,809 £1,993 78
2001£113,730 £1,879 68
2000£91,350 £1,616 97
1999£85,822 £1,403 54
1998£83,750 £1,357 33
1997£62,307 £1,184 54
1996£70,422 £777 16
1995£46,923 £760 13
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£600,000 £4,691 4
2023£520,000 £4,813 8
2022£624,000 £3,856 8
2021£593,056 £4,094 18
2020£529,500 £3,107 6
2019£440,750 £3,073 4
2018£423,312 £3,550 8
2017£488,571 £3,604 14
2016£488,000 £3,453 9
2015£440,375 £3,129 12
2014£509,333 £3,049 3
2013£282,125 £2,599 8
2012£342,062 £3,166 8
2011£294,136 £2,340 7
2010£328,091 £2,148 11
2009£236,624 £2,768 8
2008£227,500 £1,916 4
2007£305,191 £2,161 17
2006£280,800 £2,292 15
2005£260,417 £2,192 6
2004£272,345 £2,076 17
2003£250,342 £1,680 19
2002£263,499 £1,675 26
2001£208,042 £1,401 12
2000£168,433 £1,232 15
1999£139,534 £1,026 24
1998£96,753 £992 17
1997£85,747 £845 16
1996£91,609 £677 23
1995£89,567 £547 12
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£170,0001
2023£108,750 £4,593 2
2022£768,225 £9,253 2
2021£217,000 £11,000 3
2020£865,000 £18,987 3
2019£950,5005
2018£277,833 £1,595 3
2017£450,0001
2015£330,000 £7,500 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£690,0001
2023£601,940 £5,022 5
2022£607,500 £4,992 2
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£363,333 £3,139 3
2012£314,000 £2,756 2
2011£543,000 £3,201 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£338,250 £1,736 6
2003£423,000 £2,415 6
2002£271,071 £1,890 7
2001£252,6395
2000£191,429 £1,173 7
1999£194,800 £1,102 5
1998£189,6984
1997£160,895 £1,035 10
1996£127,417 £831 6
1995£135,045 £924 11

House Type in ME1 1QP area

The most common house types in the ME1 1QP postcode area are Flat (67), Terraced (43), and Semi-detached (12).

Total129
Flat67
Terraced43
Semi-detached12
Detached7
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (44), and Private rented: Private landlord or letting agency (41).

Owned: Owns outright44
Private rented: Private landlord or letting agency41
Owned: Owns with a mortgage or loan39
Private rented: Other private rented5
Shared ownership: Shared ownership1
Social rented: Other social rented1
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the ME1 1QP have 1 person in household (52), and 2 people in household (51).

1 person in household52
2 people in household51
3 people in household16
4 people in household7
5 people in household3
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0