Housing Market Analysis for THE ESPLANADE, ME1 1QW

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

Overview of Sold House prices

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

Detached
- The average price is around £359,406 median price is £380,000 Standard Deviation is £136,870 with Total Sold: 9
- The Last 5 Year average price is £520,850 with Total Sold: 2
- The most recent sale happened at this postcode is 29 THE ESPLANADE: £501,700 (Sold on 03 May 2023)
- The first recorded sale happened at this postcode is 15 THE ESPLANADE: £108,000 (Sold on 25 Oct 1999)
Semi-Detached
- The average price is around £204,333 median price is £205,000 Standard Deviation is £90,632 with Total Sold: 3
- The most recent sale happened at this postcode is 31 THE ESPLANADE: £315,000 (Sold on 07 Feb 2007)
- The first recorded sale happened at this postcode is 17 THE ESPLANADE: £93,000 (Sold on 11 Oct 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average ME1 1QW 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£501,700	£5,281	1
2021	£540,000	£4,865	1
2018	£490,000	£3,525	1
2017	£300,000	£3,125	1
2015	£380,000	£3,193	1
2007	£325,000		1
2006	£399,950		1
2002	£190,000		1
1999	£108,000	£777	1

House Type: Semi-Detached

Year	Avg. Price	Sold
2007	£315,000	1
2004	£205,000	1
1996	£93,000	1

All the Sales in the THE ESPLANADE, ME1 1QW

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

Address	Sold Date	Price	% Change
29 THE ESPLANADEDetached, FreeholdArea: 95 Sq.mtrAge: 1930-1949	03 May 2023	£501,700	First Sale
21 THE ESPLANADEDetached, FreeholdArea: 111 Sq.mtrAge: 1900-1929	17 Dec 2021	£540,000	First Sale
15 THE ESPLANADEDetached, FreeholdArea: 139 Sq.mtrAge: 1900-1929	28 Nov 2018	£490,000	353.70%
	25 Oct 1999	£108,000	First Sale
25 THE ESPLANADEDetached, FreeholdArea: 96 Sq.mtrAge: 1930-1949	27 Mar 2017	£300,000	First Sale
9 THE ESPLANADEDetached, FreeholdArea: 119 Sq.mtrAge: 1950-1966	29 May 2015	£380,000	First Sale
19 THE ESPLANADEDetached, Freehold	22 Oct 2007	£325,000	71.05%
19 THE ESPLANADEDetached, Freehold	04 Sep 2002	£190,000	First Sale
31 THE ESPLANADESemi-Detached, Freehold	07 Feb 2007	£315,000	53.66%
31 THE ESPLANADESemi-Detached, Freehold	02 Mar 2004	£205,000	First Sale
11 THE ESPLANADEDetached, Freehold	16 Aug 2006	£399,950	First Sale
17 THE ESPLANADESemi-Detached, Freehold	11 Oct 1996	£93,000	First Sale

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

THE ESPLANADE, ME1 1QW Near By properties

Interactive Map

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

Terraced
- The average price is around £237,899 median price is £219,000 Standard Deviation is £145,368 with Total Sold: 881
- The Last 5 Year average price is £415,694 with Total Sold: 149
- The most recent sale happened at this postcode is , 127 MAIDSTONE ROAD: £376,000 (Sold on 23 Aug 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 £157,297 median price is £146,500 Standard Deviation is £86,923 with Total Sold: 1,380
- The Last 5 Year average price is £257,026 with Total Sold: 228
- 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 , 5A NORTHGATE: £28,500 (Sold on 03 Feb 1995)
Semi-Detached
- The average price is around £291,259 median price is £246,000 Standard Deviation is £203,221 with Total Sold: 336
- The Last 5 Year average price is £559,442 with Total Sold: 43
- 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 , 22A HIGH STREET: £58,000 (Sold on 14 Feb 1995)
Other
- The average price is around £456,765 median price is £410,000 Standard Deviation is £354,833 with Total Sold: 51
- The Last 5 Year average price is £500,998 with Total Sold: 31
- 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 , HAIR CHEMISTRY, 24 HIGH STREET: £8,500 (Sold on 12 May 2014)
Detached
- The average price is around £393,569 median price is £327,500 Standard Deviation is £303,076 with Total Sold: 132
- The Last 5 Year average price is £681,900 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 , 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	£441,000	£3,639	6
2023	£455,711	£4,570	19
2022	£446,106	£3,928	47
2021	£405,988	£3,737	40
2020	£322,577	£3,567	13
2019	£384,746	£3,505	24
2018	£383,832	£3,617	25
2017	£356,981	£3,170	35
2016	£338,269	£3,363	26
2015	£304,224	£2,745	32
2014	£279,716	£2,640	44
2013	£253,014	£2,512	33
2012	£260,131	£2,184	26
2011	£235,827	£2,197	26
2010	£246,136	£2,001	22
2009	£187,571	£2,178	14
2008	£199,543	£2,109	14
2007	£209,366	£2,155	30
2006	£209,973	£2,129	28
2005	£206,363	£1,938	33
2004	£216,731	£1,968	30
2003	£182,467	£1,706	35
2002	£171,537	£1,616	52
2001	£122,392	£1,238	37
2000	£119,903	£1,091	34
1999	£101,827	£959	29
1998	£100,162	£919	37
1997	£83,984	£820	38
1996	£63,541	£569	33
1995	£69,098	£643	19

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£197,500	£3,750	6
2023	£269,630	£3,553	54
2022	£280,561	£3,563	78
2021	£241,261	£3,244	44
2020	£228,795	£3,462	22
2019	£221,842	£3,323	24
2018	£191,792	£3,373	36
2017	£210,716	£3,138	29
2016	£209,220	£3,209	41
2015	£175,212	£2,805	59
2014	£156,942	£2,596	56
2013	£167,391	£2,306	23
2012	£143,359	£2,174	22
2011	£158,593	£2,449	27
2010	£196,321	£2,508	14
2009	£155,450	£2,195	15
2008	£154,868	£2,564	38
2007	£170,165	£2,565	64
2006	£159,687	£2,597	69
2005	£154,660	£2,330	60
2004	£159,689	£2,446	93
2003	£146,157	£2,373	63
2002	£128,559	£2,047	85
2001	£104,127	£1,801	78
2000	£91,448	£1,579	82
1999	£79,508	£1,353	56
1998	£79,695	£1,324	42
1997	£61,265	£1,154	61
1996	£67,788	£794	20
1995	£42,552	£787	19

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£588,333	£3,955	3
2023	£506,667	£4,804	6
2022	£587,625	£3,775	8
2021	£630,133	£3,858	15
2020	£529,500	£3,107	6
2019	£384,200	£3,003	5
2018	£471,300	£3,515	5
2017	£523,692	£3,460	13
2016	£510,000	£3,540	8
2015	£440,375	£3,129	12
2014	£587,000	£3,049	4
2013	£282,125	£2,599	8
2012	£346,667	£3,247	6
2011	£291,421	£2,388	7
2010	£321,900	£2,117	10
2009	£239,777	£2,768	9
2008	£215,000	£2,112	3
2007	£312,236	£2,271	18
2006	£286,000	£2,307	15
2005	£261,600	£2,163	5
2004	£270,965	£2,117	17
2003	£239,452	£1,651	21
2002	£264,624	£1,636	24
2001	£214,150	£1,398	10
2000	£172,964	£1,215	14
1999	£150,499	£966	14
1998	£97,547	£961	17
1997	£95,648	£1,001	20
1996	£93,318	£671	22
1995	£93,891	£510	11

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£408,000		4
2023	£194,583	£4,578	6
2022	£611,612	£9,253	4
2021	£950,000	£12,089	3
2020	£515,000	£18,987	7
2019	£547,143	£4,375	7
2018	£500,214	£1,595	7
2017	£445,000		5
2016	£234,768	£2,610	4
2015	£285,000	£4,232	2
2014	£264,250		2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£690,000		1
2023	£556,175	£4,963	4
2022	£607,500	£4,992	2
2021	£653,333	£4,353	3
2020	£670,000	£3,661	1
2019	£1,052,500	£3,478	2
2018	£847,500	£4,253	4
2017	£627,857	£4,164	7
2016	£790,000	£4,162	2
2015	£458,333	£3,246	3
2014	£516,667	£3,172	3
2013	£363,333	£3,139	3
2012	£290,000	£3,197	1
2011	£627,667	£3,213	3
2010	£609,000	£2,404	5
2009	£293,333		3
2008	£423,500	£2,941	6
2007	£339,286	£2,536	7
2006	£501,658	£2,646	6
2005	£804,333	£2,622	3
2004	£341,400	£1,264	5
2003	£422,600	£2,415	5
2002	£274,582	£1,890	6
2001	£264,999		4
2000	£181,429	£1,172	7
1999	£194,800	£1,102	5
1998	£202,597		3
1997	£154,595	£1,031	10
1996	£125,962	£685	6
1995	£132,375	£898	12

House Type in ME1 1QW area

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