Housing Market Analysis for WELLER AVENUE, ME1 2LB

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £123,908 median price is £113,248 Standard Deviation is £83,271 with Total Sold: 22
    • The Last 5 Year average price is £272,000 with Total Sold: 3
    • The most recent sale happened at this postcode is 8 WELLER AVENUE: £274,000 (Sold on 26 Mar 2024)
    • The first recorded sale happened at this postcode is 26 WELLER AVENUE: £314,000 (Sold on 16 Jun 2023)
  • Semi-Detached
    • The average price is around £137,500 median price is £137,500 Standard Deviation is £87,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 15 WELLER AVENUE: £225,000 (Sold on 27 Nov 2017)
    • The first recorded sale happened at this postcode is 15 WELLER AVENUE: £50,000 (Sold on 30 Jun 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average ME1 2LB 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
2024£274,000 £3,753 1
2019£228,000 £3,800 1
2018£192,500 £3,438 1
2017£272,000 £3,358 1
2013£148,000 £1,897 1
2010£135,000 £2,328 1
2009£126,000 £2,020 2
2008£156,000 £1,576 1
2004£77,250 £1,233 2
2002£92,000 £1,260 1
2001£85,498 £1,398 2
2000£76,9951
1998£47,0001
1997£53,000 £855 1
1996£40,332 £455 3
1995£39,000 £696 1
2023£314,000 £5,065 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£225,000 £3,814 1
1997£50,000 £847 1

All the Sales in the WELLER AVENUE, ME1 2LB

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

AddressSold DatePrice% Change
8 WELLER AVENUETerraced, FreeholdArea: 73 Sq.mtrAge: 1967-197526 Mar 2024£274,000197.83%
26 Jun 2002£92,000First Sale
9 WELLER AVENUETerraced, FreeholdArea: 60 Sq.mtrAge: 1950-196601 Nov 2019£228,00079.53%
01 Jul 2009£127,00084.06%
30 Mar 2001£69,000First Sale
25 WELLER AVENUETerraced, FreeholdArea: 56 Sq.mtrAge: 1930-194916 Nov 2018£192,500First Sale
15 WELLER AVENUESemi-Detached, FreeholdArea: 59 Sq.mtrAge: 1930-194927 Nov 2017£225,000350.00%
30 Jun 1997£50,000First Sale
1 WELLER AVENUETerraced, FreeholdArea: 81 Sq.mtrAge: 1930-194918 Oct 2017£272,000First Sale
22 WELLER AVENUETerraced, FreeholdArea: 78 Sq.mtrAge: 1950-196620 Dec 2013£148,000First Sale
16 WELLER AVENUETerraced, FreeholdArea: 58 Sq.mtrAge: 1950-196607 Apr 2010£135,0008.43%
16 Mar 2004£124,500First Sale
6 WELLER AVENUETerraced, FreeholdArea: 65 Sq.mtrAge: 1950-196603 Aug 2009£125,000First Sale
5 WELLER AVENUETerraced, FreeholdArea: 99 Sq.mtrAge: 1967-197510 Apr 2008£156,000246.67%
08 Mar 1996£45,000First Sale
3 WELLER AVENUETerraced, FreeholdArea: 93.87 Sq.mtrAge: 1950-196612 May 2004£30,000First Sale
26 WELLER AVENUETerraced, FreeholdArea: 62 Sq.mtrAge: 1930-194907 Dec 2001£101,99592.44%
28 Aug 1997£53,000-83.12%
16 Jun 2023£314,000First Sale
17 WELLER AVENUETerraced, Freehold22 May 2000£76,995First Sale
7 WELLER AVENUETerraced, Freehold24 Jul 1998£47,000First Sale
20 WELLER AVENUETerraced, Freehold24 May 1996£37,995First Sale
12 WELLER AVENUETerraced, Freehold16 Feb 1996£38,000First Sale
13 WELLER AVENUETerraced, FreeholdArea: 56 Sq.mtrAge: 1950-196614 Jul 1995£39,000First Sale

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

WELLER AVENUE, ME1 2LB Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £142,833 median price is £133,000 Standard Deviation is £82,117 with Total Sold: 2,942
    • The Last 5 Year average price is £265,805 with Total Sold: 445
    • The most recent sale happened at this postcode is , 31 THE CHASE: £315,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 71 HOLCOMBE ROAD: £42,000 (Sold on 03 Jan 1995)
  • Semi-Detached
    • The average price is around £176,486 median price is £152,750 Standard Deviation is £105,803 with Total Sold: 826
    • The Last 5 Year average price is £317,206 with Total Sold: 133
    • The most recent sale happened at this postcode is , 31 HOWARD AVENUE: £135,000 (Sold on 22 Aug 2024)
    • The first recorded sale happened at this postcode is , 45 CENTRAL PARK GARDENS: £45,000 (Sold on 03 Feb 1995)
  • Flat
    • The average price is around £97,309 median price is £99,995 Standard Deviation is £39,693 with Total Sold: 81
    • The Last 5 Year average price is £153,375 with Total Sold: 12
    • The most recent sale happened at this postcode is 99, LANCER HOUSE PRINCES STREET: £123,000 (Sold on 29 Feb 2024)
    • The first recorded sale happened at this postcode is , 49 ONSLOW ROAD: £34,000 (Sold on 13 Jan 1995)
  • Other
    • The average price is around £197,370 median price is £204,000 Standard Deviation is £162,177 with Total Sold: 5
    • The Last 5 Year average price is £243,500 with Total Sold: 4
    • The most recent sale happened at this postcode is , 37 CENTRAL PARK GARDENS: £300,000 (Sold on 26 Feb 2024)
    • The first recorded sale happened at this postcode is FLAT 1, 7 SOUTHFIELDS: £12,850 (Sold on 16 Sep 2015)
  • Detached
    • The average price is around £282,915 median price is £252,500 Standard Deviation is £173,502 with Total Sold: 190
    • The Last 5 Year average price is £508,230 with Total Sold: 23
    • The most recent sale happened at this postcode is , 37 HOWARD AVENUE: £348,800 (Sold on 24 Nov 2023)
    • The first recorded sale happened at this postcode is , 262 CITY WAY: £92,000 (Sold on 06 Jan 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£289,000 £3,657 39
2023£296,820 £3,773 50
2022£284,299 £3,792 82
2021£266,893 £3,264 126
2020£247,779 £3,190 56
2019£232,113 £3,092 92
2018£238,205 £3,105 101
2017£236,591 £3,141 77
2016£211,125 £2,804 89
2015£183,975 £2,414 99
2014£164,349 £2,149 94
2013£153,019 £1,889 88
2012£141,411 £1,891 76
2011£146,632 £1,797 77
2010£134,105 £1,806 63
2009£129,342 £1,818 54
2008£151,612 £1,884 58
2007£153,767 £1,984 143
2006£139,163 £1,854 136
2005£137,691 £1,786 121
2004£130,737 £1,731 127
2003£114,079 £1,485 119
2002£93,082 £1,176 135
2001£75,468 £981 144
2000£65,427 £847 146
1999£54,284 £701 157
1998£53,867 £654 106
1997£47,388 £594 109
1996£42,002 £519 89
1995£40,419 £521 89
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£279,073 £4,513 11
2023£351,500 £4,326 19
2022£358,304 £4,514 28
2021£321,292 £4,066 36
2020£265,637 £3,530 15
2019£285,688 £3,503 24
2018£270,245 £3,330 29
2017£260,983 £3,403 26
2016£275,097 £2,986 24
2015£222,711 £2,884 19
2014£196,325 £2,402 20
2013£200,828 £2,304 20
2012£198,628 £2,297 23
2011£179,130 £2,020 25
2010£191,340 £2,260 26
2009£155,100 £1,822 20
2008£179,833 £2,035 24
2007£195,949 £2,420 26
2006£188,696 £2,023 37
2005£156,923 £1,842 29
2004£161,323 £2,054 30
2003£146,302 £1,693 38
2002£135,139 £1,587 39
2001£92,024 £1,055 39
2000£94,807 £1,124 21
1999£71,621 £836 41
1998£65,938 £854 32
1997£62,042 £676 45
1996£48,323 £604 43
1995£56,279 £570 17
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£123,000 £3,514 1
2023£144,250 £3,768 4
2022£172,125 £3,473 4
2021£166,000 £3,977 2
2019£120,000 £3,077 1
2018£119,517 £3,267 3
2017£146,550 £3,385 2
2016£97,000 £2,242 3
2015£130,250 £2,826 2
2014£98,200 £2,080 5
2013£113,250 £2,268 2
2010£107,750 £1,627 2
2009£62,917 £945 3
2008£111,500 £2,806 2
2007£125,000 £2,155 2
2006£100,464 £2,862 14
2005£78,000 £2,585 2
2004£94,099 £2,035 5
2003£75,233 £1,629 6
2002£99,995 £1,538 1
2001£52,299 £1,155 7
2000£40,750 £1,280 2
1999£36,717 £783 3
1996£44,500 £685 1
1995£28,500 £393 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£300,0001
2023£30,0001
2021£204,000 £2,957 1
2020£440,000 £1,767 1
2015£12,850 £186 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£419,700 £4,082 4
2022£517,429 £4,761 7
2021£487,214 £4,116 7
2020£603,000 £4,476 2
2019£590,667 £3,548 3
2018£463,500 £3,384 7
2017£429,700 £3,463 10
2016£383,909 £3,359 11
2015£401,500 £3,228 5
2014£309,000 £3,028 4
2013£314,333 £2,464 6
2012£284,249 £2,491 4
2011£282,556 £2,191 9
2010£302,833 £1,891 3
2009£303,700 £2,248 5
2008£315,000 £2,340 6
2007£326,166 £2,674 6
2006£303,600 £2,239 5
2005£227,817 £1,961 6
2004£304,833 £1,900 6
2003£213,417 £1,562 6
2002£231,249 £1,957 4
2001£190,600 £1,652 5
2000£161,785 £1,592 7
1999£156,750 £1,056 9
1998£155,500 £1,093 7
1997£109,033 £1,032 15
1996£104,433 £860 15
1995£85,083 £505 6

House Type in ME1 2LB area

The most common house types in the ME1 2LB postcode area are Terraced (98), Semi-detached (8), and Flat (4).

Total113
Terraced98
Semi-detached8
Flat4
converted building2
Detached1
Shared house0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (39), and Private rented: Private landlord or letting agency (37).

Owned: Owns with a mortgage or loan39
Private rented: Private landlord or letting agency37
Owned: Owns outright33
Private rented: Other private rented3
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the ME1 2LB have 1 person in household (41), and 2 people in household (36).

1 person in household41
2 people in household36
3 people in household25
4 people in household8
5 people in household2
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0