Housing Market Analysis for VALETTA WAY, ME1 1TB

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

Overview of Sold House prices

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

Flat
- The average price is around £182,757 median price is £169,998 Standard Deviation is £49,417 with Total Sold: 88
- The Last 5 Year average price is £230,250 with Total Sold: 6
- The most recent sale happened at this postcode is FLAT 1, BRIDGE HOUSE VALETTA WAY: £261,500 (Sold on 07 Dec 2023)
- The first recorded sale happened at this postcode is FLAT 39, BRIDGE HOUSE VALETTA WAY: £100,000 (Sold on 23 Feb 2001)
Other
- The average price is around £564,450 median price is £564,450 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £564,450 with Total Sold: 1
- The most recent sale happened at this postcode is FLAT 1, BRIDGE HOUSE VALETTA WAY: £564,450 (Sold on 07 Oct 2022)
- The first recorded sale happened at this postcode is FLAT 1, BRIDGE HOUSE VALETTA WAY: £564,450 (Sold on 07 Oct 2022)

Sold Price Trend Over the Years:

Below table and chart gives the average ME1 1TB 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£258,250	£4,167	2
2022	£205,000	£4,556	1
2021	£230,000	£3,563	1
2020	£225,000	£3,750	1
2019	£205,000	£4,767	1
2018	£235,000	£3,779	2
2017	£220,667	£4,133	3
2016	£250,600	£3,231	5
2015	£174,500	£3,427	4
2014	£181,667	£3,247	3
2013	£197,500	£3,086	1
2012	£154,400	£2,531	1
2011	£179,200	£2,836	5
2010	£225,000	£2,378	2
2009	£194,998	£2,287	2
2008	£166,498		2
2007	£207,999	£3,075	5
2006	£158,100	£3,209	5
2005	£181,686	£2,326	4
2004	£174,199	£2,852	5
2003	£182,389	£2,759	9
2002	£162,300	£2,626	10
2001	£139,964	£2,562	14

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£564,450	£9,253	1

All the Sales in the VALETTA WAY, ME1 1TB

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

Address	Sold Date	Price	% Change
FLAT 1, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 61 Sq.mtrAge: 1996-2002	07 Dec 2023	£261,500	34.10%
	10 Oct 2014	£195,000	26.30%
	24 Sep 2012	£154,400	-26.48%
	06 Aug 2007	£210,000	-62.80%
	07 Oct 2022	£564,450	First Sale
FLAT 40, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 63 Sq.mtrAge: 1996-2002	08 Sep 2023	£255,000	50.89%
	24 Oct 2003	£169,000	12.67%
	23 Feb 2001	£150,000	First Sale
FLAT 19, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 45 Sq.mtrAge: 1996-2002	22 Jul 2022	£205,000	26.15%
	01 Jun 2015	£162,500	21.27%
	24 Oct 2003	£134,000	First Sale
FLAT 35, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 64.56 Sq.mtrAge: 2003-2006	29 Jan 2021	£230,000	17.95%
	29 Jul 2014	£195,000	First Sale
FLAT 4, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 60 Sq.mtrAge: 1996-2002	12 Aug 2020	£225,000	-3.02%
	02 Aug 2017	£232,000	37.28%
	06 Jun 2003	£169,000	First Sale
FLAT 36, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 43 Sq.mtrAge: 1996-2002	20 Sep 2019	£205,000	-2.38%
	22 Sep 2017	£210,000	25.00%
	16 Nov 2015	£168,000	8.39%
	19 Apr 2007	£154,995	34.78%
	06 Jul 2001	£115,000	First Sale
FLAT 23, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 62.01 Sq.mtrAge: 1991-1995	14 Sep 2018	£235,000	38.24%
	09 May 2003	£170,000	First Sale
FLAT 37, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 62.35 Sq.mtrAge: 1996-2002	04 Jan 2018	£235,000	41.57%
	05 Apr 2002	£166,000	First Sale
FLAT 32, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 60.29 Sq.mtrAge: 1996-2002	31 Jan 2017	£220,000	57.14%
	30 Nov 2009	£140,000	First Sale
FLAT 15, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 64 Sq.mtrAge: 1996-2002	16 Dec 2016	£230,000	16.46%
	29 Nov 2013	£197,500	First Sale
FLAT 41, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 111 Sq.mtrAge: 1996-2002	08 Aug 2016	£295,000	18.00%
	31 Jul 2009	£249,995	-10.72%
	17 Jan 2003	£280,000	First Sale
FLAT 7, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 68.48 Sq.mtrAge: 1996-2002	05 Aug 2016	£200,000	19.40%
	28 Mar 2003	£167,500	First Sale
FLAT 13, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 85 Sq.mtrAge: 1996-2002	29 Jul 2016	£340,000	36.00%
	15 Apr 2011	£250,000	-1.96%
	22 Dec 2003	£255,000	First Sale
FLAT 38, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 63 Sq.mtrAge: 1996-2002	12 Feb 2016	£188,000	First Sale
FLAT 39, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 44 Sq.mtrAge: 1996-2002	17 Dec 2015	£165,000	25.95%
	15 Jun 2004	£131,000	31.00%
	23 Feb 2001	£100,000	First Sale
FLAT 21, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 83 Sq.mtrAge: 1996-2002	30 Mar 2015	£202,500	25.00%
	31 Oct 2011	£162,000	-1.82%
	28 Jun 2002	£165,000	First Sale
FLAT 16, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 44 Sq.mtrAge: 1996-2002	06 Jun 2014	£155,000	3.34%
	04 Nov 2005	£149,995	18.11%
	19 Mar 2003	£127,000	10.43%
	10 Nov 2001	£115,000	First Sale
FLAT 33, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 41 Sq.mtrAge: 1996-2002	30 Sep 2011	£119,000	22.05%
	01 May 2001	£97,500	First Sale
FLAT 20, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 54.79 Sq.mtrAge: 1996-2002	01 Sep 2011	£185,000	13.50%
	10 Oct 2001	£163,000	First Sale
FLAT 34, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 59.84 Sq.mtrAge: 1983-1990	03 Feb 2011	£180,000	-4.26%
	24 Feb 2006	£188,000	13.94%
	21 Dec 2001	£165,000	First Sale
FLAT 6, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 61.6 Sq.mtrAge: 1996-2002	01 Nov 2010	£180,000	-2.70%
	06 Sep 2004	£185,000	12.12%
	19 Jul 2002	£165,000	First Sale
FLAT 14, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 147.16 Sq.mtr	27 Jan 2010	£270,000	-5.26%
	31 Jan 2007	£285,000	20.00%
	01 Apr 2005	£237,500	First Sale
FLAT 24, BRIDGE HOUSE VALETTA WAYFlat, Leasehold	02 Sep 2008	£179,995	5.88%
FLAT 24, BRIDGE HOUSE VALETTA WAYFlat, Leasehold	25 Jun 2004	£170,000	First Sale
FLAT 8, BRIDGE HOUSE VALETTA WAYFlat, Leasehold	28 Feb 2008	£153,000	33.04%
FLAT 8, BRIDGE HOUSE VALETTA WAYFlat, Leasehold	27 Sep 2001	£115,000	First Sale
FLAT 17, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 61 Sq.mtrAge: 1996-2002	06 Sep 2007	£210,000	27.27%
	26 Jul 2002	£165,000	First Sale
FLAT 10, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 61 Sq.mtrAge: 2003-2006	31 Jan 2007	£180,000	5.89%
	31 Oct 2002	£169,995	First Sale
FLAT 3, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 49 Sq.mtrAge: 2003-2006	27 Oct 2006	£195,000	16.77%
	23 Aug 2002	£167,000	First Sale
FLAT 25, BRIDGE HOUSE VALETTA WAYFlat, Leasehold	06 Oct 2006	£150,000	First Sale
FLAT 22, BRIDGE HOUSE VALETTA WAYFlat, Leasehold	29 Sep 2006	£147,500	28.26%
FLAT 22, BRIDGE HOUSE VALETTA WAYFlat, Leasehold	02 Jul 2001	£115,000	First Sale
FLAT 2, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 43.9 Sq.mtrAge: 1991-1995	18 Aug 2006	£110,000	0.0
	28 Sep 2001	£110,000	First Sale
FLAT 28, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 117 Sq.mtrAge: 1996-2002	28 Dec 2005	£155,000	First Sale
FLAT 26, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 62.35 Sq.mtrAge: 1996-2002	28 Jan 2005	£184,250	11.67%
	15 Aug 2002	£165,000	First Sale
FLAT 5, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 42 Sq.mtrAge: 1996-2002	16 Dec 2004	£134,995	28.57%
	17 Aug 2001	£105,000	First Sale
FLAT 27, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 113 Sq.mtrAge: 1991-1995	27 May 2004	£250,000	First Sale
FLAT 12, BRIDGE HOUSE VALETTA WAYFlat, Leasehold	12 Dec 2003	£170,000	First Sale
FLAT 9, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 59.94 Sq.mtrAge: 1996-2002	29 Aug 2002	£165,000	First Sale
FLAT 18, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 65 Sq.mtrAge: 2003-2006	26 Jun 2002	£165,000	First Sale
FLAT 29, BRIDGE HOUSE VALETTA WAYFlat, LeaseholdArea: 62 Sq.mtrAge: 1996-2002	31 Jan 2002	£130,000	First Sale
FLAT 11, BRIDGE HOUSE VALETTA WAYFlat, Leasehold	06 Jul 2001	£110,000	First Sale
FLAT 42, BRIDGE HOUSE VALETTA WAYFlat, Leasehold	02 Jul 2001	£249,995	First Sale
FLAT 31, BRIDGE HOUSE VALETTA WAYFlat, Leasehold	02 May 2001	£249,000	First Sale

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

VALETTA WAY, ME1 1TB Near By properties

Interactive Map

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

Terraced
- The average price is around £207,692 median price is £185,000 Standard Deviation is £115,741 with Total Sold: 1,076
- The Last 5 Year average price is £377,851 with Total Sold: 148
- 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)
Semi-Detached
- The average price is around £273,036 median price is £240,000 Standard Deviation is £185,942 with Total Sold: 388
- The Last 5 Year average price is £544,353 with Total Sold: 51
- 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 £154,052 median price is £141,250 Standard Deviation is £79,380 with Total Sold: 1,228
- The Last 5 Year average price is £259,636 with Total Sold: 195
- 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 £636,727 median price is £490,000 Standard Deviation is £672,312 with Total Sold: 13
- The Last 5 Year average price is £668,859 with Total Sold: 11
- 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 , 78 JOHN STREET: £450,000 (Sold on 08 Jun 2017)
Detached
- The average price is around £369,994 median price is £324,000 Standard Deviation is £259,152 with Total Sold: 144
- The Last 5 Year average price is £652,041 with Total Sold: 17
- 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	£377,889	£4,286	9
2023	£464,068	£4,560	22
2022	£382,172	£3,908	29
2021	£368,707	£3,647	41
2020	£342,250	£3,472	18
2019	£343,134	£3,351	29
2018	£335,993	£3,440	26
2017	£324,394	£3,114	32
2016	£311,116	£3,219	27
2015	£287,478	£2,627	27
2014	£255,392	£2,491	36
2013	£219,316	£2,232	37
2012	£220,111	£2,091	35
2011	£207,687	£2,073	40
2010	£217,604	£1,961	24
2009	£183,690	£2,010	21
2008	£188,005	£2,011	19
2007	£212,837	£2,088	44
2006	£195,109	£2,069	48
2005	£197,650	£1,964	50
2004	£192,042	£1,877	34
2003	£174,958	£1,665	40
2002	£164,233	£1,532	71
2001	£125,627	£1,226	48
2000	£118,678	£1,129	64
1999	£116,616	£1,045	78
1998	£102,721	£950	35
1997	£74,247	£793	42
1996	£59,219	£561	29
1995	£64,327	£618	21

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£548,000	£4,691	5
2023	£520,000	£4,813	8
2022	£558,818	£3,834	11
2021	£584,375	£4,094	16
2020	£529,500	£3,107	6
2019	£437,600	£3,073	5
2018	£423,312	£3,550	8
2017	£472,692	£3,465	13
2016	£469,750	£3,166	8
2015	£404,042	£3,105	12
2014	£424,100	£2,748	5
2013	£333,400	£2,421	5
2012	£321,278	£3,054	9
2011	£285,439	£2,259	9
2010	£332,636	£2,146	11
2009	£236,624	£2,768	8
2008	£184,833	£1,934	6
2007	£307,078	£2,130	16
2006	£268,333	£2,231	18
2005	£254,744	£2,192	10
2004	£264,714	£1,994	18
2003	£254,472	£1,680	18
2002	£242,462	£1,620	27
2001	£157,321	£1,401	14
2000	£172,434	£1,229	16
1999	£137,093	£1,036	33
1998	£95,063	£962	19
1997	£74,998	£810	21
1996	£94,714	£687	21
1995	£90,900	£585	12

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£197,500	£3,750	6
2023	£280,425	£3,744	46
2022	£283,033	£3,930	76
2021	£238,096	£3,437	28
2020	£229,471	£3,621	17
2019	£203,009	£3,436	22
2018	£193,316	£3,389	34
2017	£209,531	£3,203	23
2016	£204,693	£3,245	30
2015	£176,988	£2,959	42
2014	£157,696	£2,635	46
2013	£168,750	£2,324	20
2012	£151,257	£2,246	21
2011	£166,071	£2,414	21
2010	£201,927	£2,500	11
2009	£150,456	£2,162	17
2008	£165,839	£2,604	28
2007	£169,500	£2,784	51
2006	£162,235	£2,592	51
2005	£152,335	£2,422	50
2004	£159,076	£2,463	63
2003	£140,002	£2,364	62
2002	£116,679	£2,025	79
2001	£114,522	£1,871	74
2000	£94,949	£1,609	127
1999	£87,806	£1,416	70
1998	£83,750	£1,357	33
1997	£62,427	£1,192	53
1996	£72,450	£778	15
1995	£47,666	£755	12

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£170,000		1
2023	£197,500	£4,593	1
2022	£768,225	£9,253	2
2021	£217,000	£11,000	3
2020	£850,000		1
2019	£1,317,500		3
2018	£470,000		1
2017	£450,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£690,000		1
2023	£601,940	£5,022	5
2022	£750,000	£4,098	1
2021	£653,333	£4,353	3
2020	£572,500	£3,262	2
2019	£706,000	£3,305	5
2018	£561,875	£4,005	4
2017	£651,667	£4,164	6
2016	£632,500	£4,347	4
2015	£432,400	£3,043	5
2014	£420,357	£3,226	7
2013	£295,000	£2,786	2
2012	£314,000	£2,756	2
2011	£341,750	£3,440	4
2010	£405,000	£2,404	4
2009	£305,000	£2,443	3
2008	£404,333	£2,941	6
2007	£337,250	£2,549	8
2006	£471,421	£2,427	7
2005	£1,044,000	£2,622	2
2004	£310,250	£1,762	6
2003	£428,600	£2,415	5
2002	£228,999	£1,675	5
2001	£252,639		5
2000	£181,667	£1,016	6
1999	£188,992	£1,102	6
1998	£146,263		3
1997	£158,625	£964	8
1996	£118,929	£781	7
1995	£132,792	£869	12

House Type in ME1 1TB area

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