Housing Market Analysis for ME1 1RZ

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    ME1 1RZ Near By properties

    Interactive Map

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

    • Terraced
      • The average price is around £194,218 median price is £167,475 Standard Deviation is £125,859 with Total Sold: 1,726
      • The Last 5 Year average price is £349,488 with Total Sold: 271
      • 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 , 37 ST MARGARETS STREET: £69,000 (Sold on 12 Jan 1995)
    • Semi-Detached
      • The average price is around £260,368 median price is £216,000 Standard Deviation is £195,386 with Total Sold: 467
      • The Last 5 Year average price is £544,772 with Total Sold: 57
      • The most recent sale happened at this postcode is , 3 CORNWALL ROAD: £340,000 (Sold on 28 Aug 2024)
      • The first recorded sale happened at this postcode is , 22 HORSLEY ROAD: £54,000 (Sold on 31 Mar 1995)
    • Flat
      • The average price is around £145,396 median price is £132,000 Standard Deviation is £83,762 with Total Sold: 1,712
      • The Last 5 Year average price is £243,573 with Total Sold: 268
      • 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)
    • Other
      • The average price is around £516,836 median price is £335,000 Standard Deviation is £526,164 with Total Sold: 37
      • The Last 5 Year average price is £578,084 with Total Sold: 29
      • 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 £374,339 median price is £321,250 Standard Deviation is £275,251 with Total Sold: 176
      • The Last 5 Year average price is £579,486 with Total Sold: 22
      • 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£341,749 £3,479 21
    2023£398,543 £4,067 35
    2022£383,785 £3,728 61
    2021£343,673 £3,394 75
    2020£302,105 £3,283 32
    2019£313,445 £3,159 47
    2018£314,442 £3,286 46
    2017£306,297 £3,066 58
    2016£281,663 £2,966 53
    2015£265,232 £2,567 48
    2014£240,477 £2,468 68
    2013£207,391 £2,137 67
    2012£209,691 £1,971 48
    2011£193,018 £1,950 56
    2010£202,062 £1,852 36
    2009£167,333 £1,925 27
    2008£177,796 £1,942 35
    2007£187,073 £2,036 70
    2006£171,371 £1,885 72
    2005£177,476 £1,777 63
    2004£165,101 £1,696 73
    2003£147,627 £1,583 71
    2002£144,959 £1,398 94
    2001£101,728 £1,088 74
    2000£98,580 £979 92
    1999£91,086 £889 89
    1998£82,807 £783 61
    1997£63,314 £692 68
    1996£55,392 £529 48
    1995£52,350 £510 38
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£514,167 £4,480 6
    2023£520,000 £4,813 8
    2022£583,556 £3,915 9
    2021£602,619 £4,068 21
    2020£464,000 £3,030 8
    2019£437,600 £3,073 5
    2018£382,650 £3,283 10
    2017£457,938 £3,496 16
    2016£488,875 £3,359 12
    2015£440,375 £3,129 12
    2014£509,333 £3,049 3
    2013£282,125 £2,599 8
    2012£334,150 £2,941 10
    2011£232,450 £1,994 11
    2010£286,286 £2,018 14
    2009£265,888 £2,768 9
    2008£196,875 £2,104 8
    2007£280,488 £2,124 21
    2006£249,214 £2,105 21
    2005£219,249 £2,205 12
    2004£245,474 £1,983 25
    2003£237,454 £1,709 23
    2002£243,757 £1,604 31
    2001£181,206 £1,321 17
    2000£153,596 £1,141 18
    1999£126,238 £972 34
    1998£84,422 £925 23
    1997£72,605 £724 28
    1996£80,536 £663 28
    1995£81,222 £566 16
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£197,500 £3,750 6
    2023£260,406 £3,527 58
    2022£264,655 £3,504 92
    2021£236,624 £3,337 46
    2020£210,941 £3,331 34
    2019£205,748 £3,219 32
    2018£186,669 £3,405 45
    2017£196,308 £3,083 34
    2016£183,941 £3,159 54
    2015£163,960 £2,740 76
    2014£153,146 £2,562 65
    2013£155,250 £2,254 30
    2012£125,421 £2,090 39
    2011£150,078 £2,315 32
    2010£164,333 £2,289 18
    2009£143,776 £2,041 19
    2008£146,414 £2,558 47
    2007£161,703 £2,618 68
    2006£154,485 £2,506 82
    2005£148,045 £2,356 68
    2004£146,785 £2,341 116
    2003£136,147 £2,262 84
    2002£116,684 £1,899 102
    2001£101,105 £1,762 91
    2000£85,153 £1,517 125
    1999£76,329 £1,336 69
    1998£66,893 £1,155 54
    1997£55,501 £1,079 73
    1996£55,509 £735 26
    1995£36,333 £740 27
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£488,3333
    2023£151,875 £6,515 4
    2022£611,612 £9,253 4
    2021£661,200 £12,089 5
    2020£620,000 £18,987 5
    2019£729,938 £2,906 8
    2018£277,833 £1,595 3
    2017£361,6673
    2016£110,0001
    2015£330,000 £7,500 1
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£690,0001
    2023£489,212 £4,032 8
    2022£607,500 £4,992 2
    2021£653,333 £4,353 3
    2020£572,500 £3,262 2
    2019£637,500 £3,186 6
    2018£669,583 £3,858 6
    2017£651,667 £4,164 6
    2016£549,600 £4,025 5
    2015£432,400 £3,043 5
    2014£420,357 £3,226 7
    2013£363,333 £3,139 3
    2012£314,000 £2,756 2
    2011£431,714 £2,839 7
    2010£609,000 £2,404 5
    2009£310,500 £2,443 5
    2008£404,333 £2,941 6
    2007£313,556 £2,526 9
    2006£408,772 £2,435 9
    2005£1,044,000 £2,622 2
    2004£347,611 £1,900 9
    2003£361,625 £2,002 8
    2002£271,071 £1,890 7
    2001£252,6395
    2000£196,875 £1,173 8
    1999£207,333 £1,102 6
    1998£193,2585
    1997£160,895 £1,035 10
    1996£118,929 £781 7
    1995£132,792 £869 12

    House Type in ME1 1RZ area

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