Housing Market Analysis for THE TERRACE, ME1 1XN

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

Overview of Sold House prices

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

Flat
- The average price is around £207,431 median price is £131,500 Standard Deviation is £201,617 with Total Sold: 29
- The Last 5 Year average price is £472,571 with Total Sold: 7
- The most recent sale happened at this postcode is FLAT 3, PICKWICK PLACE, 34 THE TERRACE: £185,000 (Sold on 27 Oct 2023)
- The first recorded sale happened at this postcode is FLAT C, 7 THE TERRACE: £55,995 (Sold on 27 Aug 1997)
Terraced
- The average price is around £279,743 median price is £270,000 Standard Deviation is £132,934 with Total Sold: 39
- The Last 5 Year average price is £476,167 with Total Sold: 6
- The most recent sale happened at this postcode is 8 THE TERRACE: £500,000 (Sold on 23 Sep 2022)
- The first recorded sale happened at this postcode is 14 THE TERRACE: £535,000 (Sold on 10 May 2024)
Other
- The average price is around £308,750 median price is £308,750 Standard Deviation is £21,250 with Total Sold: 2
- The most recent sale happened at this postcode is 17 THE TERRACE: £287,500 (Sold on 05 Apr 2018)
- The first recorded sale happened at this postcode is FLAT 2, PICKWICK PLACE, 34 THE TERRACE: £330,000 (Sold on 25 Jun 2015)
Semi-Detached
- The average price is around £286,000 median price is £375,000 Standard Deviation is £140,245 with Total Sold: 3
- The most recent sale happened at this postcode is 20 THE TERRACE: £395,000 (Sold on 20 Dec 2016)
- The first recorded sale happened at this postcode is 9 THE TERRACE: £88,000 (Sold on 14 Feb 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average ME1 1XN 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	£185,000		1
2022	£178,000	£4,045	1
2021	£625,000		2
2020	£785,000		1
2019	£455,000		2
2018	£180,000	£2,432	1
2017	£150,000		1
2016	£184,833	£3,999	6
2013	£90,000	£2,412	1
2011	£124,250	£4,185	2
2008	£107,000		2
2006	£125,000		1
2004	£96,000	£2,573	1
2003	£118,000	£1,815	1
2002	£79,833	£1,635	3
1999	£40,750	£1,126	2
1997	£55,995	£861	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£459,000	£3,497	3
2021	£445,000	£3,296	1
2019	£500,000	£3,731	1
2018	£345,000	£2,974	1
2017	£358,500	£2,938	5
2016	£401,250	£3,102	4
2015	£395,000	£3,805	1
2009	£250,000	£1,866	1
2006	£280,000		1
2004	£248,700	£2,649	5
2003	£169,000		2
2002	£224,000	£1,612	2
2001	£189,250	£1,598	2
1999	£141,500		2
1998	£115,333	£948	3
1997	£89,995	£667	1
1996	£85,500	£634	2
1995	£87,500	£653	1
2024	£535,000		1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£287,500	£1,983	1
2015	£330,000	£7,500	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2016	£385,000	£4,010	2
1997	£88,000		1

All the Sales in the THE TERRACE, ME1 1XN

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

Address	Sold Date	Price	% Change
FLAT 3, PICKWICK PLACE, 34 THE TERRACEFlat, Leasehold	27 Oct 2023	£185,000	First Sale
8 THE TERRACETerraced, FreeholdArea: 135 Sq.mtrAge: 1900-1929	23 Sep 2022	£500,000	129.36%
	02 Oct 2002	£218,000	7.92%
	08 Aug 2001	£202,000	37.88%
	26 Oct 1998	£146,500	62.79%
	27 Mar 1997	£89,995	First Sale
32 THE TERRACETerraced, FreeholdArea: 133 Sq.mtr	20 May 2022	£417,000	0.48%
32 THE TERRACETerraced, FreeholdArea: 133 Sq.mtr	19 Dec 2016	£415,000	First Sale
21 THE TERRACETerraced, FreeholdArea: 126 Sq.mtr	20 May 2022	£460,000	14.29%
21 THE TERRACETerraced, FreeholdArea: 126 Sq.mtr	27 Jan 2017	£402,500	First Sale
FLAT 2, PICKWICK PLACE, 34 THE TERRACEFlat, LeaseholdArea: 44 Sq.mtrAge: before 1900	19 Apr 2022	£178,000	11.95%
	28 Oct 2016	£159,000	-51.82%
	25 Jun 2015	£330,000	First Sale
1 THE TERRACETerraced, FreeholdArea: 135 Sq.mtrAge: before 1900	20 Oct 2021	£445,000	First Sale
3, WOODHAMS BREWERY THE TERRACEFlat, Leasehold	17 Jun 2021	£370,000	2.78%
3, WOODHAMS BREWERY THE TERRACEFlat, Leasehold	01 Jul 2019	£360,000	First Sale
2, WOODHAMS BREWERY THE TERRACEFlat, Leasehold	31 Mar 2021	£880,000	First Sale
4, WOODHAMS BREWERY THE TERRACEFlat, Leasehold	20 Mar 2020	£785,000	First Sale
14 THE TERRACETerraced, FreeholdArea: 134 Sq.mtrAge: before 1900	01 Jul 2019	£500,000	13.64%
	10 Feb 2016	£440,000	76.00%
	12 Nov 2009	£250,000	185.71%
	20 Oct 1995	£87,500	-83.64%
	10 May 2024	£535,000	First Sale
1, WOODHAMS BREWERY THE TERRACEFlat, Leasehold	28 Feb 2019	£550,000	First Sale
27 THE TERRACETerraced, FreeholdArea: 116 Sq.mtr	03 Jul 2018	£345,000	First Sale
18 THE TERRACEFlat, LeaseholdArea: 74 Sq.mtrAge: 1983-1990	12 Jun 2018	£180,000	First Sale
17 THE TERRACEOther, LeaseholdArea: 145 Sq.mtrAge: 1983-1990	05 Apr 2018	£287,500	First Sale
FLAT B, 7 THE TERRACEFlat, Leasehold	26 Jul 2017	£150,000	279.75%
FLAT B, 7 THE TERRACEFlat, Leasehold	28 Oct 1999	£39,500	First Sale
24 THE TERRACETerraced, FreeholdArea: 116 Sq.mtr	05 Jul 2017	£340,000	First Sale
25 THE TERRACETerraced, FreeholdArea: 116 Sq.mtr	19 Jun 2017	£335,000	First Sale
23 THE TERRACETerraced, FreeholdArea: 126 Sq.mtr	09 Jun 2017	£365,000	First Sale
22 THE TERRACETerraced, FreeholdArea: 126 Sq.mtr	28 Apr 2017	£350,000	First Sale
20 THE TERRACESemi-Detached, FreeholdArea: 96 Sq.mtr	20 Dec 2016	£395,000	First Sale
19 THE TERRACESemi-Detached, FreeholdArea: 96 Sq.mtr	15 Dec 2016	£375,000	First Sale
31 THE TERRACETerraced, FreeholdArea: 133 Sq.mtr	14 Dec 2016	£420,000	First Sale
26 THE TERRACETerraced, FreeholdArea: 116 Sq.mtr	13 Dec 2016	£330,000	First Sale
FLAT 1, PICKWICK PLACE, 33 THE TERRACEFlat, Leasehold	27 Oct 2016	£245,000	First Sale
FLAT 6, PICKWICK PLACE, 35 THE TERRACEFlat, Leasehold	26 Oct 2016	£260,000	First Sale
FLAT 4, PICKWICK PLACE, 34 THE TERRACEFlat, LeaseholdArea: 46 Sq.mtrAge: 1900-1929	21 Oct 2016	£160,000	First Sale
FLAT 5, PICKWICK PLACE, 34 THE TERRACEFlat, LeaseholdArea: 41 Sq.mtrAge: 1900-1929	21 Oct 2016	£160,000	First Sale
FLAT B, 10 THE TERRACEFlat, FreeholdArea: 25 Sq.mtrAge: before 1900	08 Jan 2016	£125,000	19.05%
	06 Jun 2008	£105,000	First Sale
11 THE TERRACETerraced, FreeholdArea: 103.82 Sq.mtrAge: before 1900	01 May 2015	£395,000	43.64%
	14 May 2004	£275,000	55.81%
	11 Apr 2001	£176,500	First Sale
7A THE TERRACEFlat, LeaseholdArea: 37.31 Sq.mtrAge: before 1900	03 Dec 2013	£90,000	-6.25%
	24 Sep 2004	£96,000	34.27%
	21 Nov 2002	£71,500	70.24%
	17 Jun 1999	£42,000	First Sale
FLAT C, 7 THE TERRACEFlat, Leasehold	16 Dec 2011	£117,000	-0.85%
	10 Dec 2003	£118,000	34.09%
	08 Feb 2002	£88,000	57.16%
	27 Aug 1997	£55,995	First Sale
FLAT A, 10 THE TERRACEFlat, LeaseholdArea: 31.42 Sq.mtrAge: before 1900	21 Jul 2011	£131,500	5.20%
	16 Mar 2006	£125,000	56.25%
	05 Jul 2002	£80,000	First Sale
FLAT C, 10 THE TERRACEFlat, Leasehold	11 Jul 2008	£109,000	First Sale
6 THE TERRACETerraced, Freehold	08 Dec 2006	£280,000	37.93%
6 THE TERRACETerraced, Freehold	07 Mar 2003	£203,000	First Sale
4 THE TERRACETerraced, Freehold	29 Oct 2004	£247,500	83.33%
4 THE TERRACETerraced, Freehold	26 Feb 1999	£135,000	First Sale
5 THE TERRACETerraced, Freehold	17 Sep 2004	£265,000	42.47%
5 THE TERRACETerraced, Freehold	05 Jan 2004	£186,000	First Sale
13 THE TERRACETerraced, Freehold	02 Jul 2004	£270,000	213.95%
13 THE TERRACETerraced, Freehold	23 Jul 1996	£86,000	First Sale
16 THE TERRACETerraced, Freehold	19 Dec 2003	£135,000	First Sale
15 THE TERRACETerraced, FreeholdArea: 143 Sq.mtrAge: before 1900	20 Dec 2002	£230,000	98.28%
	30 Jul 1998	£116,000	First Sale
2 THE TERRACETerraced, Freehold	26 Aug 1999	£148,000	77.25%
2 THE TERRACETerraced, Freehold	20 Jul 1998	£83,500	First Sale
9 THE TERRACESemi-Detached, Freehold	14 Feb 1997	£88,000	First Sale
3 THE TERRACETerraced, FreeholdArea: 134 Sq.mtrAge: before 1900	20 Dec 1996	£85,000	First Sale

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

THE TERRACE, ME1 1XN Near By properties

Interactive Map

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

Terraced
- The average price is around £194,191 median price is £161,750 Standard Deviation is £135,199 with Total Sold: 1,696
- The Last 5 Year average price is £350,499 with Total Sold: 321
- 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 , 44 CASTLE AVENUE: £43,000 (Sold on 05 Jan 1995)
Other
- The average price is around £651,642 median price is £385,000 Standard Deviation is £1,212,048 with Total Sold: 89
- The Last 5 Year average price is £727,413 with Total Sold: 59
- The most recent sale happened at this postcode is , 35 NEW ROAD: £98,112 (Sold on 15 Aug 2024)
- The first recorded sale happened at this postcode is , 151 HIGH STREET: £520,000 (Sold on 23 Jun 2014)
Flat
- The average price is around £147,669 median price is £130,000 Standard Deviation is £86,166 with Total Sold: 1,628
- The Last 5 Year average price is £230,055 with Total Sold: 437
- The most recent sale happened at this postcode is , 14 ROCHESTER GATE: £150,000 (Sold on 17 Jul 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 £248,086 median price is £193,000 Standard Deviation is £202,688 with Total Sold: 497
- The Last 5 Year average price is £519,279 with Total Sold: 68
- 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 , 13 DELCE ROAD: £46,000 (Sold on 06 Feb 1995)
Detached
- The average price is around £364,593 median price is £302,500 Standard Deviation is £283,038 with Total Sold: 154
- The Last 5 Year average price is £539,642 with Total Sold: 26
- 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	£324,902	£3,411	18
2023	£385,436	£3,896	39
2022	£395,717	£3,598	71
2021	£332,025	£3,379	80
2020	£317,316	£3,365	60
2019	£338,360	£3,072	53
2018	£317,687	£3,296	47
2017	£309,431	£2,959	56
2016	£275,815	£2,899	57
2015	£255,485	£2,515	56
2014	£228,812	£2,364	72
2013	£203,757	£2,134	60
2012	£211,687	£1,906	36
2011	£183,705	£1,865	39
2010	£202,223	£2,025	28
2009	£162,083	£1,964	24
2008	£171,639	£1,993	35
2007	£182,169	£2,027	62
2006	£167,373	£1,828	67
2005	£165,273	£1,740	53
2004	£152,512	£1,613	75
2003	£143,869	£1,545	73
2002	£123,737	£1,273	72
2001	£92,638	£1,020	82
2000	£84,660	£847	79
1999	£68,561	£714	78
1998	£73,115	£730	65
1997	£63,482	£690	66
1996	£54,590	£487	49
1995	£48,604	£497	44

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£390,028		4
2023	£1,911,667	£15,327	6
2022	£442,823	£3,232	7
2021	£688,600	£8,796	10
2020	£440,415	£8,574	14
2019	£763,094	£4,414	18
2018	£630,611	£1,734	9
2017	£471,904		13
2016	£194,625	£2,610	4
2015	£656,667	£4,232	3
2014	£520,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£207,162	£3,413	16
2023	£253,310	£3,780	104
2022	£252,152	£3,100	94
2021	£208,560	£3,164	88
2020	£205,471	£3,227	62
2019	£220,283	£3,557	73
2018	£171,848	£3,018	57
2017	£179,701	£2,922	36
2016	£161,254	£2,893	56
2015	£151,219	£2,545	64
2014	£131,812	£2,349	52
2013	£125,664	£1,999	47
2012	£114,756	£1,959	41
2011	£125,788	£1,991	33
2010	£118,260	£2,194	25
2009	£114,727	£2,048	44
2008	£127,366	£2,263	65
2007	£139,684	£2,246	56
2006	£132,157	£2,212	78
2005	£139,890	£2,118	47
2004	£133,512	£2,110	99
2003	£127,930	£2,003	53
2002	£104,982	£1,477	62
2001	£73,400	£1,331	45
2000	£67,012	£1,182	61
1999	£50,169	£999	40
1998	£55,617	£881	47
1997	£47,409	£798	31
1996	£52,356	£720	26
1995	£36,288	£688	26

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£407,857	£4,476	7
2023	£515,714	£4,658	7
2022	£587,095	£4,236	21
2021	£594,529	£3,839	17
2020	£413,375	£3,048	8
2019	£387,875	£3,553	8
2018	£320,115	£3,279	13
2017	£471,429	£3,449	14
2016	£444,631	£3,560	14
2015	£363,333	£3,210	15
2014	£439,333	£2,693	6
2013	£279,878	£2,543	9
2012	£281,056	£3,047	9
2011	£195,162	£1,966	12
2010	£272,789	£2,087	19
2009	£263,667	£2,785	9
2008	£205,056	£1,918	9
2007	£268,625	£2,165	22
2006	£219,258	£1,858	19
2005	£199,620	£2,239	14
2004	£221,213	£1,900	23
2003	£207,282	£1,634	30
2002	£216,326	£1,486	23
2001	£177,249	£1,295	15
2000	£129,793	£1,187	23
1999	£115,372	£829	29
1998	£76,922	£897	22
1997	£78,786	£839	33
1996	£78,930	£653	32
1995	£77,570	£542	15

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£690,000		1
2023	£446,957	£3,837	7
2022	£647,000	£4,687	5
2021	£495,000	£3,951	7
2019	£585,333	£3,209	6
2018	£668,000	£3,511	5
2017	£686,667	£4,173	6
2016	£472,667	£3,450	3
2015	£458,333	£3,246	3
2014	£467,500	£2,818	4
2013	£363,333	£3,139	3
2012	£314,000	£2,756	2
2011	£757,500	£3,213	2
2010	£833,333	£2,645	3
2009	£186,000	£1,723	2
2008	£342,667	£2,941	6
2007	£312,688	£2,445	8
2006	£377,994	£2,769	9
2005	£1,044,000	£2,622	2
2004	£301,357	£1,929	7
2003	£354,999	£1,963	8
2002	£243,687	£1,583	8
2001	£156,550	£1,018	4
2000	£160,714	£1,173	7
1999	£173,000	£1,142	4
1998	£230,000	£979	3
1997	£166,606	£1,013	9
1996	£110,071	£747	7
1995	£118,385	£898	13

House Type in ME1 1XN area

The most common house types in the ME1 1XN postcode area are Flat (159), Terraced (36), and converted building (23).

Total	249
Flat	159
Terraced	36
converted building	23
commercial building	15
Shared house	10
Semi-detached	6
Detached	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (93), and Shared ownership: Shared ownership (51).

Private rented: Private landlord or letting agency	93
Shared ownership: Shared ownership	51
Owned: Owns with a mortgage or loan	38
Owned: Owns outright	31
Social rented: Other social rented	28
Private rented: Other private rented	7
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 1XN have 1 person in household (123), and 2 people in household (89).

1 person in household	123
2 people in household	89
3 people in household	24
4 people in household	12
5 people in household	1
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0