Housing Market Analysis for WELLER AVENUE, ME1 2LG

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

Overview of Sold House prices

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

Terraced
- The average price is around £150,215 median price is £133,500 Standard Deviation is £82,153 with Total Sold: 44
- The Last 5 Year average price is £261,333 with Total Sold: 9
- The most recent sale happened at this postcode is 56 WELLER AVENUE: £266,000 (Sold on 24 Apr 2024)
- The first recorded sale happened at this postcode is 41 WELLER AVENUE: £275,000 (Sold on 01 May 2024)
Semi-Detached
- The average price is around £149,498 median price is £113,500 Standard Deviation is £95,320 with Total Sold: 3
- The Last 5 Year average price is £280,000 with Total Sold: 1
- The most recent sale happened at this postcode is 45 WELLER AVENUE: £280,000 (Sold on 24 Jun 2022)
- The first recorded sale happened at this postcode is 45 WELLER AVENUE: £54,995 (Sold on 25 Jun 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average ME1 2LG 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£264,750		4
2022	£272,500	£4,610	2
2021	£252,500	£3,949	2
2019	£243,000	£3,329	1
2018	£250,000	£3,378	1
2017	£244,000	£3,967	2
2016	£231,333	£3,404	3
2015	£170,000	£2,906	1
2014	£157,500	£2,455	2
2013	£130,000	£2,097	1
2011	£110,500	£1,930	2
2009	£137,000	£2,021	2
2006	£133,750	£2,012	2
2005	£141,000	£2,291	2
2004	£129,998	£2,217	2
2003	£111,250	£1,809	2
2001	£67,248	£1,094	2
2000	£69,500	£1,066	2
1999	£58,000	£869	3
1998	£46,000		1
1997	£40,500	£663	2
1996	£42,500		1
1995	£33,225	£451	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£280,000	£4,444	1
2003	£113,500	£1,802	1
1999	£54,995	£873	1

All the Sales in the WELLER AVENUE, ME1 2LG

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

Address	Sold Date	Price	% Change
56 WELLER AVENUETerraced, Freehold	24 Apr 2024	£266,000	257.05%
56 WELLER AVENUETerraced, Freehold	06 Jul 2001	£74,500	First Sale
29 WELLER AVENUETerraced, Freehold	23 May 2024	£260,000	0.78%
	23 May 2024	£258,000	129.33%
	31 Oct 2003	£112,500	87.52%
	19 Sep 2001	£59,995	114.65%
	21 Dec 1995	£27,950	First Sale
40 WELLER AVENUETerraced, FreeholdArea: 55.5 Sq.mtrAge: 1950-1966	13 Jul 2022	£265,000	102.29%
	28 Oct 2011	£131,000	94.07%
	28 Apr 2000	£67,500	43.62%
	23 Sep 1999	£47,000	First Sale
45 WELLER AVENUESemi-Detached, FreeholdArea: 63 Sq.mtrAge: 1950-1966	24 Jun 2022	£280,000	146.70%
	07 Feb 2003	£113,500	106.38%
	25 Jun 1999	£54,995	First Sale
63 WELLER AVENUETerraced, FreeholdArea: 68 Sq.mtrAge: 1950-1966	14 May 2021	£265,000	17.78%
	19 Oct 2016	£225,000	36.36%
	17 Oct 2014	£165,000	First Sale
31 WELLER AVENUETerraced, FreeholdArea: 60 Sq.mtrAge: 1950-1966	26 Feb 2021	£240,000	166.67%
	05 Aug 2011	£90,000	First Sale
51 WELLER AVENUETerraced, FreeholdArea: 73 Sq.mtrAge: 1930-1949	25 Oct 2019	£243,000	273.85%
	01 Jul 1999	£65,000	First Sale
34 WELLER AVENUETerraced, FreeholdArea: 74 Sq.mtrAge: 1950-1966	21 Sep 2018	£250,000	87.97%
	21 Jul 2006	£133,000	First Sale
28 WELLER AVENUETerraced, FreeholdArea: 62 Sq.mtrAge: 1930-1949	03 Nov 2017	£250,000	92.31%
	11 Oct 2013	£130,000	First Sale
58 WELLER AVENUETerraced, FreeholdArea: 61 Sq.mtrAge: 1930-1949	31 Oct 2017	£238,000	116.36%
	18 Jul 2003	£110,000	First Sale
60 WELLER AVENUETerraced, FreeholdArea: 60.4 Sq.mtrAge: 1950-1966	25 Nov 2016	£238,000	58.67%
	12 May 2014	£150,000	11.52%
	03 Mar 2006	£134,500	First Sale
46 WELLER AVENUETerraced, FreeholdArea: 78 Sq.mtrAge: 1930-1949	07 Oct 2016	£231,000	54.00%
	17 Aug 2009	£150,000	109.79%
	01 Dec 2000	£71,500	First Sale
32 WELLER AVENUETerraced, FreeholdArea: 58.5 Sq.mtrAge: 1950-1966	12 Mar 2015	£170,000	37.10%
	28 Jul 2009	£124,000	-7.46%
	31 Aug 2005	£134,000	First Sale
52 WELLER AVENUETerraced, Freehold	18 Mar 2005	£148,000	221.74%
52 WELLER AVENUETerraced, Freehold	17 Jul 1998	£46,000	First Sale
43 WELLER AVENUETerraced, Freehold	27 Sep 2004	£127,000	104.84%
43 WELLER AVENUETerraced, Freehold	24 May 1999	£62,000	First Sale
41 WELLER AVENUETerraced, FreeholdArea: 60 Sq.mtrAge: 1967-1975	28 May 2004	£132,995	269.43%
	10 Jan 1997	£36,000	-86.91%
	01 May 2024	£275,000	First Sale
57 WELLER AVENUETerraced, FreeholdArea: 63 Sq.mtrAge: 1950-1966	20 Dec 2022	£280,000	First Sale
59 WELLER AVENUETerraced, FreeholdArea: 62 Sq.mtrAge: 1950-1966	30 Jul 1997	£45,000	First Sale
49 WELLER AVENUETerraced, Freehold	15 Nov 1996	£42,500	First Sale
30 WELLER AVENUETerraced, Freehold	08 Sep 1995	£38,500	First Sale

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

WELLER AVENUE, ME1 2LG Near By properties

Interactive Map

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

Terraced
- The average price is around £141,901 median price is £133,000 Standard Deviation is £80,111 with Total Sold: 2,622
- The Last 5 Year average price is £263,094 with Total Sold: 388
- 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 £170,109 median price is £152,000 Standard Deviation is £98,850 with Total Sold: 783
- The Last 5 Year average price is £308,565 with Total Sold: 120
- 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 £100,146 median price is £100,000 Standard Deviation is £41,763 with Total Sold: 90
- The Last 5 Year average price is £147,714 with Total Sold: 14
- 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 , 49 ONSLOW ROAD: £34,000 (Sold on 13 Jan 1995)
Other
- The average price is around £1,947,808 median price is £252,000 Standard Deviation is £3,916,898 with Total Sold: 6
- The Last 5 Year average price is £2,334,800 with Total Sold: 5
- 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 £282,696 median price is £250,000 Standard Deviation is £174,107 with Total Sold: 163
- The Last 5 Year average price is £513,650 with Total Sold: 22
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£281,842	£3,707	33
2023	£299,146	£3,938	41
2022	£281,160	£3,835	75
2021	£261,093	£3,259	107
2020	£247,853	£3,279	50
2019	£232,901	£3,134	82
2018	£238,000	£3,092	90
2017	£232,934	£3,180	68
2016	£211,602	£2,822	80
2015	£180,283	£2,429	92
2014	£161,207	£2,168	86
2013	£151,573	£1,888	85
2012	£139,833	£1,896	65
2011	£144,315	£1,822	71
2010	£134,570	£1,790	55
2009	£130,457	£1,784	47
2008	£144,702	£1,944	59
2007	£153,043	£1,986	132
2006	£139,393	£1,871	124
2005	£137,606	£1,797	115
2004	£128,818	£1,752	112
2003	£114,051	£1,505	106
2002	£91,386	£1,164	114
2001	£74,240	£990	124
2000	£66,099	£874	127
1999	£54,315	£724	133
1998	£53,504	£662	93
1997	£46,642	£594	95
1996	£42,167	£528	82
1995	£39,539	£519	79

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£285,533	£4,133	9
2023	£350,000	£4,289	19
2022	£340,521	£4,293	24
2021	£303,113	£4,017	31
2020	£263,316	£3,506	16
2019	£286,952	£3,302	21
2018	£272,967	£3,287	27
2017	£258,022	£3,432	25
2016	£242,306	£2,785	18
2015	£229,911	£2,705	23
2014	£186,869	£2,318	23
2013	£195,778	£2,280	20
2012	£176,138	£2,138	25
2011	£177,606	£2,020	26
2010	£183,745	£1,993	22
2009	£153,105	£1,709	19
2008	£172,833	£1,958	24
2007	£191,006	£2,346	29
2006	£174,174	£1,994	33
2005	£154,224	£1,910	27
2004	£150,741	£1,874	35
2003	£141,706	£1,677	34
2002	£127,301	£1,535	38
2001	£86,014	£1,035	34
2000	£88,398	£976	20
1999	£67,245	£795	34
1998	£60,635	£839	24
1997	£60,498	£686	46
1996	£45,942	£569	41
1995	£55,012	£660	16

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£120,250	£3,514	2
2023	£144,250	£3,768	4
2022	£172,125	£3,473	4
2021	£147,333	£2,937	3
2019	£120,000	£3,077	1
2018	£142,925	£7,166	6
2017	£146,550	£3,385	2
2016	£97,000	£2,242	3
2015	£141,000	£9,734	3
2014	£98,200	£2,080	5
2013	£113,250	£2,268	2
2011	£57,000		1
2010	£107,750	£1,627	2
2009	£80,938	£7,152	4
2008	£91,033	£1,837	3
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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£300,000		1
2023	£30,000		1
2021	£5,452,000	£2,957	2
2020	£440,000	£1,767	1
2015	£12,850	£186	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£399,400	£4,020	2
2022	£510,000	£4,699	8
2021	£491,929	£4,055	7
2020	£603,000	£4,476	2
2019	£590,667	£3,548	3
2018	£441,900	£3,504	5
2017	£430,800	£3,602	10
2016	£388,375	£3,471	8
2015	£401,500	£3,228	5
2014	£271,667	£3,035	3
2013	£314,333	£2,464	6
2012	£284,249	£2,491	4
2011	£272,600	£2,403	5
2010	£331,250	£1,935	2
2009	£285,250	£2,248	4
2008	£315,000	£2,340	6
2007	£325,000	£2,405	4
2006	£310,750	£2,280	4
2005	£220,271	£1,962	7
2004	£202,214	£1,970	7
2003	£221,100	£1,620	5
2002	£231,249	£1,957	4
2001	£181,100	£1,519	5
2000	£159,332	£1,593	3
1999	£142,594	£1,056	8
1998	£153,800	£1,048	5
1997	£115,346	£1,012	13
1996	£113,038	£893	13
1995	£91,900	£505	5

House Type in ME1 2LG area

The most common house types in the ME1 2LG postcode area are Semi-detached (68), Terraced (43), and Flat (8).

Total	128
Semi-detached	68
Terraced	43
Flat	8
commercial building	4
converted building	3
Shared house	2
Detached	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (63), and Owned: Owns with a mortgage or loan (34).

Owned: Owns outright	63
Owned: Owns with a mortgage or loan	34
Private rented: Private landlord or letting agency	27
Private rented: Other private rented	2
Social rented: Rents from council or Local Authority	1
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the ME1 2LG have 2 people in household (63), and 1 person in household (35).

2 people in household	63
1 person in household	35
3 people in household	17
4 people in household	12
5 people in household	5
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0