Housing Market Analysis for PALM DRIVE, ME1 2EZ

Are you looking to understand ME1 2EZ 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 2EZ area, explore the ME1 2EZ Area information page.
For comprehensive crime statistics in the ME1 2EZ area, explore the ME1 2EZ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME1 2EZ postcode area, The average prices are as follows,

  • Flat
    • The average price is around £83,833 median price is £73,625 Standard Deviation is £45,612 with Total Sold: 6
    • The Last 5 Year average price is £103,688 with Total Sold: 4
    • The most recent sale happened at this postcode is FLAT 7, RICHARD HOWE HOUSE PALM DRIVE: £83,250 (Sold on 26 Mar 2024)
    • The first recorded sale happened at this postcode is FLAT 16, RICHARD HOWE HOUSE PALM DRIVE: £52,000 (Sold on 21 Nov 2014)

Sold Price Trend Over the Years:

Below table and chart gives the average ME1 2EZ 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£83,2501
2023£64,000 £1,455 1
2021£90,0001
2019£177,500 £2,572 1
2015£36,2501
2014£52,0001

All the Sales in the PALM DRIVE, ME1 2EZ

See the table below for more details on the sold house prices in the ME1 2EZ, Medway postcode.

AddressSold DatePrice% Change
FLAT 7, RICHARD HOWE HOUSE PALM DRIVEFlat, Leasehold26 Mar 2024£83,250First Sale
FLAT 10, RICHARD HOWE HOUSE PALM DRIVEFlat, LeaseholdArea: 44 Sq.mtrAge: 2007-201108 Sep 2023£64,000First Sale
FLAT 5, RICHARD HOWE HOUSE PALM DRIVEFlat, Leasehold30 Sep 2021£90,000First Sale
FLAT 17, RICHARD HOWE HOUSE PALM DRIVEFlat, LeaseholdArea: 69 Sq.mtrAge: 2007 onwards10 May 2019£177,500First Sale
FLAT 19, RICHARD HOWE HOUSE PALM DRIVEFlat, Leasehold20 Nov 2015£36,250First Sale
FLAT 16, RICHARD HOWE HOUSE PALM DRIVEFlat, Leasehold21 Nov 2014£52,000First Sale

Check out the sold house prices near the ME1 2EZ postcode. Properties currently for saleProperties currently for rent

PALM DRIVE, ME1 2EZ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME1 2EZ 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 2EZ postcode.

  • Semi-Detached
    • The average price is around £174,558 median price is £156,750 Standard Deviation is £94,959 with Total Sold: 934
    • The Last 5 Year average price is £306,739 with Total Sold: 159
    • The most recent sale happened at this postcode is , 73 FLEET ROAD: £362,500 (Sold on 19 Aug 2024)
    • The first recorded sale happened at this postcode is , 266 WILSON AVENUE: £77,000 (Sold on 26 Jan 1995)
  • Terraced
    • The average price is around £155,940 median price is £142,500 Standard Deviation is £87,174 with Total Sold: 656
    • The Last 5 Year average price is £279,337 with Total Sold: 112
    • The most recent sale happened at this postcode is , 111 ARETHUSA ROAD: £214,661 (Sold on 23 Jul 2024)
    • The first recorded sale happened at this postcode is , 104 ARETHUSA ROAD: £47,950 (Sold on 09 Mar 1995)
  • Detached
    • The average price is around £260,612 median price is £249,995 Standard Deviation is £132,930 with Total Sold: 206
    • The Last 5 Year average price is £454,438 with Total Sold: 32
    • The most recent sale happened at this postcode is , 293 WILSON AVENUE: £385,000 (Sold on 13 Jun 2024)
    • The first recorded sale happened at this postcode is , UPPER DELCE FARM MAIDSTONE ROAD: £99,333 (Sold on 31 Mar 1995)
  • Flat
    • The average price is around £106,520 median price is £96,000 Standard Deviation is £56,452 with Total Sold: 157
    • The Last 5 Year average price is £157,606 with Total Sold: 26
    • The most recent sale happened at this postcode is , 9 SUMMERSON CLOSE: £117,500 (Sold on 31 May 2024)
    • The first recorded sale happened at this postcode is FLAT 4, TADLEY COURT BINNACLE ROAD: £33,000 (Sold on 30 Jun 1995)
  • Other
    • The average price is around £1,590,500 median price is £105,000 Standard Deviation is £3,291,113 with Total Sold: 9
    • The Last 5 Year average price is £2,741,375 with Total Sold: 4
    • The most recent sale happened at this postcode is , 70A THE FAIRWAY: £67,500 (Sold on 18 Apr 2023)
    • The first recorded sale happened at this postcode is , 70A THE FAIRWAY: £105,000 (Sold on 03 Jul 2015)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£339,1679
2023£342,271 £4,042 24
2022£328,089 £3,907 28
2021£296,912 £3,649 39
2020£310,211 £3,379 26
2019£262,818 £3,256 33
2018£285,265 £3,364 34
2017£279,794 £3,493 31
2016£227,867 £2,957 30
2015£211,242 £2,630 43
2014£206,437 £2,403 40
2013£168,426 £2,067 27
2012£157,182 £1,937 22
2011£161,981 £1,951 27
2010£162,316 £2,002 19
2009£142,043 £1,948 23
2008£169,295 £2,054 22
2007£179,324 £2,115 37
2006£165,828 £1,863 43
2005£142,772 £1,859 22
2004£153,118 £1,714 38
2003£133,353 £1,710 41
2002£112,513 £1,332 38
2001£91,615 £1,077 39
2000£81,773 £979 34
1999£71,570 £816 40
1998£66,738 £780 35
1997£64,554 £707 36
1996£54,096 £621 34
1995£53,947 £673 20
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£288,932 £4,345 5
2023£296,776 £3,772 19
2022£319,375 £4,018 20
2021£274,224 £3,263 29
2020£249,823 £3,193 17
2019£255,245 £3,363 22
2018£247,011 £3,288 22
2017£236,148 £2,965 27
2016£247,564 £2,916 15
2015£170,976 £2,473 21
2014£169,047 £2,316 21
2013£150,922 £1,779 23
2012£136,825 £1,989 10
2011£153,567 £1,902 15
2010£144,018 £1,748 17
2009£125,247 £1,668 22
2008£127,366 £1,900 31
2007£157,137 £2,072 21
2006£160,516 £2,056 30
2005£149,676 £1,762 22
2004£131,694 £1,800 36
2003£131,280 £1,685 25
2002£102,028 £1,226 33
2001£77,680 £1,039 31
2000£73,459 £901 25
1999£58,633 £787 24
1998£57,050 £809 19
1997£51,582 £668 18
1996£45,811 £566 19
1995£42,276 £597 17
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£402,5002
2023£523,750 £4,767 6
2022£384,667 £5,751 6
2021£475,000 £4,561 9
2020£458,071 £4,239 7
2019£402,500 £3,470 2
2018£339,167 £3,569 3
2017£398,808 £4,507 13
2016£347,875 £3,958 4
2015£262,000 £3,285 5
2014£319,400 £2,888 10
2013£262,429 £2,814 7
2012£274,000 £2,604 6
2011£249,750 £2,657 8
2010£226,643 £2,304 7
2009£190,799 £2,620 5
2008£248,988 £2,310 6
2007£313,375 £2,339 8
2006£236,312 £2,593 8
2005£221,500 £2,058 5
2004£244,375 £2,257 8
2003£229,166 £2,553 9
2002£183,857 £1,775 7
2001£152,600 £1,383 5
2000£163,312 £1,540 8
1999£127,818 £1,362 11
1998£134,749 £1,139 4
1997£120,900 £904 10
1996£89,159 £817 11
1995£86,556 £890 6
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£100,3752
2023£134,125 £2,752 4
2022£190,786 £3,301 7
2021£149,688 £2,867 8
2020£185,000 £4,048 2
2019£152,500 £2,345 3
2018£168,800 £7,633 5
2017£164,911 £3,321 14
2016£133,917 £2,188 6
2015£108,972 £4,916 9
2014£98,469 £2,086 8
2013£97,000 £2,280 2
2012£100,800 £1,890 5
2011£67,375 £1,846 4
2010£87,000 £1,475 1
2009£71,922 £7,570 5
2008£109,020 £2,267 5
2007£147,917 £2,293 6
2006£97,357 £1,925 7
2005£88,590 £2,113 5
2004£74,000 £1,711 3
2003£99,090 £1,743 11
2002£69,024 £1,632 10
2001£53,832 £1,052 3
2000£37,921 £810 7
1999£37,499 £720 4
1998£34,500 £662 4
1997£21,2501
1996£32,000 £727 1
1995£31,900 £872 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£67,5001
2021£10,700,0001
2020£99,000 £1,089 2
2018£15,000 £174 1
2016£1,402,000 £4,500 2
2015£265,000 £1,361 2

House Type in ME1 2EZ area

The most common house types in the ME1 2EZ postcode area are Detached (101), Terraced (32), and Flat (26).

Total170
Detached101
Terraced32
Flat26
Semi-detached11
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 (61), and Owned: Owns with a mortgage or loan (54).

Owned: Owns outright61
Owned: Owns with a mortgage or loan54
Social rented: Other social rented21
Shared ownership: Shared ownership18
Private rented: Private landlord or letting agency10
Social rented: Rents from council or Local Authority1
Does not apply0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the ME1 2EZ have 2 people in household (62), and 4 people in household (34).

2 people in household62
4 people in household34
1 person in household30
3 people in household30
5 people in household10
6 people in household4
0 people in household0
7 people in household0
8 or more people in household0