Housing Market Analysis for NELSON CLOSE, ME12 1LW

Are you looking to understand ME12 1LW 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 Swale postcode.

For the location information and nearby amenities in the ME12 1LW area, explore the ME12 1LW Area information page.
For comprehensive crime statistics in the ME12 1LW area, explore the ME12 1LW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME12 1LW postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £159,600 median price is £158,000 Standard Deviation is £41,117 with Total Sold: 5
    • The Last 5 Year average price is £171,667 with Total Sold: 3
    • The most recent sale happened at this postcode is 1 NELSON CLOSE: £235,000 (Sold on 05 Nov 2021)
    • The first recorded sale happened at this postcode is 2 NELSON CLOSE: £120,000 (Sold on 11 Sep 2024)
  • Semi-Detached
    • The average price is around £51,212 median price is £43,175 Standard Deviation is £24,304 with Total Sold: 4
    • The most recent sale happened at this postcode is 5 NELSON CLOSE: £90,000 (Sold on 17 Jul 2003)
    • The first recorded sale happened at this postcode is 5 NELSON CLOSE: £28,500 (Sold on 02 May 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average ME12 1LW 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£197,500 £2,599 2
2016£158,000 £1,904 1
2015£125,000 £1,667 1
2024£120,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2003£90,000 £1,200 1
2002£32,850 £438 1
1999£53,500 £713 1
1997£28,500 £380 1

All the Sales in the NELSON CLOSE, ME12 1LW

See the table below for more details on the sold house prices in the ME12 1LW, Swale postcode.

AddressSold DatePrice% Change
1 NELSON CLOSETerraced, FreeholdArea: 76 Sq.mtrAge: 1950-196605 Nov 2021£235,00046.88%
25 Mar 2021£160,000First Sale
6 NELSON CLOSETerraced, FreeholdArea: 83 Sq.mtrAge: 1950-196609 Dec 2016£158,000First Sale
8 NELSON CLOSETerraced, FreeholdArea: 75 Sq.mtrAge: 1950-196620 Nov 2015£125,000280.52%
31 May 2002£32,850First Sale
5 NELSON CLOSESemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1950-196617 Jul 2003£90,00068.22%
20 Oct 1999£53,50087.72%
02 May 1997£28,500First Sale
2 NELSON CLOSETerraced, Freehold11 Sep 2024£120,000First Sale

Check out the sold house prices near the ME12 1LW postcode. Properties currently for saleProperties currently for rent

NELSON CLOSE, ME12 1LW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME12 1LW 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 ME12 1LW postcode.

  • Terraced
    • The average price is around £116,220 median price is £119,248 Standard Deviation is £56,164 with Total Sold: 108
    • The Last 5 Year average price is £195,333 with Total Sold: 15
    • The most recent sale happened at this postcode is , 2 NELSON CLOSE: £120,000 (Sold on 11 Sep 2024)
    • The first recorded sale happened at this postcode is , 42 CHILHAM CLOSE: £46,000 (Sold on 26 Jan 1995)
  • Flat
    • The average price is around £87,939 median price is £90,000 Standard Deviation is £37,218 with Total Sold: 50
    • The Last 5 Year average price is £134,222 with Total Sold: 9
    • The most recent sale happened at this postcode is , 24 LINDEN DRIVE: £175,000 (Sold on 13 Jun 2024)
    • The first recorded sale happened at this postcode is , 25 CHILHAM CLOSE: £24,995 (Sold on 27 Jan 1995)
  • Semi-Detached
    • The average price is around £124,015 median price is £120,000 Standard Deviation is £60,660 with Total Sold: 145
    • The Last 5 Year average price is £213,174 with Total Sold: 23
    • The most recent sale happened at this postcode is , 113 QUEENSWAY: £230,000 (Sold on 23 Apr 2024)
    • The first recorded sale happened at this postcode is , 40 QUEENS WAY: £29,995 (Sold on 27 Oct 1995)
  • Other
    • The average price is around £264,643 median price is £150,000 Standard Deviation is £164,769 with Total Sold: 7
    • The Last 5 Year average price is £271,625 with Total Sold: 4
    • The most recent sale happened at this postcode is UNIT 1A, WINDSOR ESTATE NEW ROAD: £150,000 (Sold on 11 Dec 2020)
    • The first recorded sale happened at this postcode is , UNIT 10B REGIS INDUSTRIAL ESTATE: £125,000 (Sold on 02 Jun 2016)
  • Detached
    • The average price is around £119,294 median price is £102,000 Standard Deviation is £61,322 with Total Sold: 9
    • The most recent sale happened at this postcode is , 164 ST GEORGES AVENUE: £200,000 (Sold on 06 Jul 2016)
    • The first recorded sale happened at this postcode is , 68 NEW ROAD: £23,650 (Sold on 30 Mar 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£120,0001
2023£218,500 £3,095 2
2022£247,500 £3,047 2
2021£193,750 £2,461 4
2020£156,500 £1,815 2
2019£197,500 £3,231 4
2018£184,600 £2,078 5
2017£162,600 £2,429 5
2016£164,167 £2,034 6
2015£135,333 £1,863 3
2014£117,724 £1,591 10
2013£110,000 £2,348 2
2012£95,000 £1,418 1
2011£95,333 £1,085 3
2010£109,665 £1,198 3
2009£88,000 £1,173 1
2008£112,333 £1,189 3
2007£136,666 £1,521 6
2006£118,167 £1,782 3
2005£114,125 £1,345 4
2004£110,000 £1,155 6
2003£94,750 £1,193 4
2002£59,600 £762 5
2001£57,749 £750 6
2000£39,5001
1999£48,500 £425 2
1998£41,998 £557 3
1997£34,667 £404 3
1996£26,000 £366 3
1995£40,700 £511 5
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£175,0001
2023£120,000 £1,714 1
2022£115,000 £1,769 1
2021£139,000 £2,334 2
2020£120,000 £1,818 1
2019£133,333 £2,413 3
2018£132,500 £2,022 2
2017£110,000 £1,692 1
2016£110,000 £1,719 1
2015£115,000 £1,672 3
2013£65,000 £1,000 1
2012£94,000 £1,443 1
2011£84,000 £1,036 1
2010£95,000 £1,340 2
2009£61,250 £941 2
2008£103,5002
2007£112,000 £1,692 2
2006£94,667 £1,735 3
2005£91,667 £1,341 3
2004£81,998 £1,256 4
2003£64,5001
2002£49,748 £826 2
2001£38,000 £585 1
2000£32,582 £523 6
1999£31,498 £477 2
1995£24,995 £568 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£235,0002
2023£235,000 £2,768 3
2022£240,000 £3,305 3
2021£202,000 £2,830 8
2020£195,000 £2,341 3
2019£201,750 £2,740 4
2018£190,000 £2,473 5
2017£188,000 £2,383 7
2016£159,167 £3,251 3
2015£149,500 £1,864 8
2014£125,250 £1,900 6
2013£124,249 £1,634 4
2012£110,333 £1,660 3
2011£129,998 £1,374 2
2010£111,640 £1,573 5
2009£100,750 £1,220 6
2008£122,333 £1,403 3
2007£145,143 £1,827 7
2006£124,571 £1,659 7
2005£113,000 £1,567 3
2004£113,889 £1,499 9
2003£83,799 £960 5
2002£80,418 £1,005 8
2001£56,200 £561 5
2000£59,499 £739 6
1999£43,689 £615 9
1998£49,833 £516 3
1997£26,500 £475 3
1996£41,500 £482 4
1995£29,9951
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£208,8333
2019£460,0001
2017£536,0001
2016£115,0002
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£200,000 £2,469 1
2015£215,000 £2,576 1
2013£127,000 £1,522 1
2007£175,000 £1,496 1
2002£84,995 £924 1
2000£102,0001
1997£73,0002
1995£23,650 £257 1

House Type in ME12 1LW area

The most common house types in the ME12 1LW postcode area are Terraced (59), Semi-detached (43), and Detached (4).

Total110
Terraced59
Semi-detached43
Detached4
Flat3
commercial building1
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (48), and Owned: Owns outright (24).

Social rented: Other social rented48
Owned: Owns outright24
Owned: Owns with a mortgage or loan15
Social rented: Rents from council or Local Authority10
Private rented: Private landlord or letting agency9
Private rented: Other private rented5
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the ME12 1LW have 2 people in household (34), and 1 person in household (33).

2 people in household34
1 person in household33
3 people in household20
4 people in household10
5 people in household6
6 people in household3
7 people in household2
0 people in household0
8 or more people in household0