Housing Market Analysis for GROVEWAY, ME12 4LR

Are you looking to understand ME12 4LR 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 4LR area, explore the ME12 4LR Area information page.
For comprehensive crime statistics in the ME12 4LR area, explore the ME12 4LR Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME12 4LR postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £149,250 median price is £146,500 Standard Deviation is £88,176 with Total Sold: 6
    • The Last 5 Year average price is £272,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 4 GROVEWAY: £272,500 (Sold on 16 Nov 2020)
    • The first recorded sale happened at this postcode is 4 GROVEWAY: £43,000 (Sold on 27 Oct 1995)
  • Detached
    • The average price is around £127,833 median price is £155,000 Standard Deviation is £41,642 with Total Sold: 3
    • The most recent sale happened at this postcode is 5 GROVEWAY: £155,000 (Sold on 16 Sep 2011)
    • The first recorded sale happened at this postcode is 5 GROVEWAY: £69,000 (Sold on 31 Jul 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average ME12 4LR 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£272,500 £2,978 1
2018£242,000 £2,645 1
2008£165,000 £1,803 1
2001£128,000 £948 1
1996£45,000 £492 1
1995£43,000 £470 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2011£155,000 £2,844 1
2006£159,500 £2,927 1
2001£69,000 £1,266 1

All the Sales in the GROVEWAY, ME12 4LR

See the table below for more details on the sold house prices in the ME12 4LR, Swale postcode.

AddressSold DatePrice% Change
4 GROVEWAYSemi-Detached, FreeholdArea: 91.5 Sq.mtrAge: 1950-196616 Nov 2020£272,50012.60%
21 Sep 2018£242,00046.67%
05 Feb 2008£165,000266.67%
24 Oct 1996£45,0004.65%
27 Oct 1995£43,000First Sale
5 GROVEWAYDetached, FreeholdArea: 54.5 Sq.mtrAge: 1996-200216 Sep 2011£155,000-2.82%
08 Sep 2006£159,500131.16%
31 Jul 2001£69,000First Sale
1 GROVEWAYSemi-Detached, FreeholdArea: 135 Sq.mtrAge: 1950-196628 Nov 2001£128,000First Sale

Check out the sold house prices near the ME12 4LR postcode. Properties currently for saleProperties currently for rent

GROVEWAY, ME12 4LR Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME12 4LR 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 4LR postcode.

  • Other
    • The average price is around £253,823 median price is £50,000 Standard Deviation is £482,077 with Total Sold: 39
    • The Last 5 Year average price is £113,167 with Total Sold: 21
    • The most recent sale happened at this postcode is , 109 VANITY FARM HOLIDAY CAMP: £62,000 (Sold on 13 Mar 2024)
    • The first recorded sale happened at this postcode is , THE OAKS EASTERN ROAD: £20,000 (Sold on 10 Jul 2015)
  • Detached
    • The average price is around £153,142 median price is £157,250 Standard Deviation is £76,001 with Total Sold: 54
    • The Last 5 Year average price is £210,125 with Total Sold: 12
    • The most recent sale happened at this postcode is , 21 LEYSDOWN ROAD: £250,000 (Sold on 26 Jul 2022)
    • The first recorded sale happened at this postcode is , 25 LEYSDOWN ROAD: £20,000 (Sold on 04 Sep 1995)
  • Semi-Detached
    • The average price is around £142,184 median price is £150,000 Standard Deviation is £71,949 with Total Sold: 19
    • The Last 5 Year average price is £251,250 with Total Sold: 2
    • The most recent sale happened at this postcode is , 29A LEYSDOWN ROAD: £230,000 (Sold on 28 Jun 2021)
    • The first recorded sale happened at this postcode is , 12 LEYSDOWN ROAD: £20,000 (Sold on 04 Sep 1995)
  • Terraced
    • The average price is around £132,450 median price is £119,000 Standard Deviation is £84,326 with Total Sold: 4
    • The most recent sale happened at this postcode is , 10 LEYSDOWN ROAD: £260,000 (Sold on 30 Mar 2010)
    • The first recorded sale happened at this postcode is , 10A LEYSDOWN ROAD: £31,800 (Sold on 21 Feb 1997)
  • Flat
    • The average price is around £49,374 median price is £44,500 Standard Deviation is £28,944 with Total Sold: 8
    • The most recent sale happened at this postcode is , 5 SAND COURT: £92,000 (Sold on 20 Jul 2007)
    • The first recorded sale happened at this postcode is , 2 SAND COURT: £17,000 (Sold on 05 Apr 1995)

Sold Price Trend Over the Years:

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£62,0001
2023£99,125 £1,538 4
2022£54,6005
2021£44,0002
2020£228,583 £2,134 6
2019£61,8333
2018£74,4996
2017£702,562 £10,326 10
2016£30,0001
2015£20,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£250,000 £2,381 1
2021£215,400 £2,924 5
2020£199,083 £3,493 6
2018£210,000 £2,692 1
2017£182,500 £2,478 2
2016£244,667 £1,705 3
2015£123,500 £1,487 3
2014£140,000 £2,154 1
2013£112,000 £1,682 1
2011£173,398 £1,771 3
2010£135,000 £2,295 3
2009£100,0001
2008£179,832 £2,200 3
2007£175,667 £2,012 3
2006£168,750 £2,311 2
2005£121,667 £1,810 3
2004£134,0002
2002£122,500 £1,172 2
2001£69,000 £1,266 1
2000£63,7502
1999£71,663 £885 3
1998£45,0001
1996£33,000 £478 1
1995£20,000 £119 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£230,000 £2,621 1
2020£272,500 £2,978 1
2018£176,500 £2,645 2
2016£203,000 £2,314 1
2014£145,0001
2013£150,000 £1,710 2
2011£140,0002
2010£185,000 £1,022 1
2008£190,000 £1,803 2
2001£128,000 £948 1
2000£72,0001
1999£45,0001
1996£45,000 £492 1
1995£31,500 £470 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2010£260,000 £2,094 1
2009£90,0001
2006£148,0001
1997£31,8001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£92,0001
2005£84,9951
2003£65,0002
1998£22,5001
1997£29,0001
1996£19,5001
1995£17,0001

House Type in ME12 4LR area

The most common house types in the ME12 4LR postcode area are Semi-detached (74), Detached (69), and Terraced (11).

Total164
Semi-detached74
Detached69
Terraced11
temporary structure10
Flat0
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (88), and Owned: Owns with a mortgage or loan (32).

Owned: Owns outright88
Owned: Owns with a mortgage or loan32
Private rented: Private landlord or letting agency24
Social rented: Other social rented12
Private rented: Other private rented10
Shared ownership: Shared ownership1
Social rented: Rents from council or Local Authority1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the ME12 4LR have 2 people in household (71), and 1 person in household (44).

2 people in household71
1 person in household44
3 people in household28
4 people in household11
5 people in household8
7 people in household3
6 people in household2
0 people in household0
8 or more people in household0