Housing Market Analysis for ME1 2LR

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average ME1 2LR 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.

    All the Sales in the ME1 2LR

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

    AddressSold DatePrice% Change

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

    ME1 2LR Near By properties

    Interactive Map

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

    • Terraced
      • The average price is around £141,804 median price is £133,500 Standard Deviation is £80,069 with Total Sold: 1,682
      • The Last 5 Year average price is £261,501 with Total Sold: 260
      • 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 £174,997 median price is £155,000 Standard Deviation is £98,907 with Total Sold: 1,021
      • The Last 5 Year average price is £316,769 with Total Sold: 161
      • 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 , 1A HUNTSMANS CLOSE: £33,000 (Sold on 15 Feb 1995)
    • Flat
      • The average price is around £107,261 median price is £105,000 Standard Deviation is £52,834 with Total Sold: 127
      • The Last 5 Year average price is £148,491 with Total Sold: 27
      • 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 2, LEA COURT HUNTSMANS CLOSE: £22,000 (Sold on 12 Dec 1996)
    • Other
      • The average price is around £1,958,750 median price is £265,000 Standard Deviation is £3,912,796 with Total Sold: 6
      • The Last 5 Year average price is £3,735,833 with Total Sold: 3
      • 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)
    • Detached
      • The average price is around £239,661 median price is £217,500 Standard Deviation is £128,426 with Total Sold: 165
      • The Last 5 Year average price is £435,647 with Total Sold: 17
      • The most recent sale happened at this postcode is , 1A AMHERST ROAD: £255,000 (Sold on 09 Dec 2022)
      • 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£274,944 £3,648 24
    2023£294,960 £4,091 31
    2022£282,800 £3,905 51
    2021£261,581 £3,394 62
    2020£242,600 £3,398 39
    2019£229,161 £3,274 53
    2018£232,424 £3,220 56
    2017£230,510 £3,286 51
    2016£221,647 £2,992 52
    2015£176,655 £2,507 61
    2014£154,090 £2,196 59
    2013£142,439 £1,895 46
    2012£135,144 £2,030 34
    2011£137,588 £1,851 47
    2010£136,635 £1,795 35
    2009£124,652 £1,837 39
    2008£137,343 £1,898 52
    2007£152,022 £2,070 78
    2006£138,207 £1,915 87
    2005£139,412 £1,928 63
    2004£125,167 £1,735 61
    2003£113,580 £1,593 68
    2002£91,392 £1,195 72
    2001£75,012 £1,053 78
    2000£64,247 £894 73
    1999£55,750 £761 87
    1998£53,302 £724 62
    1997£46,089 £622 55
    1996£40,717 £537 56
    1995£36,914 £540 50
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£338,033 £4,133 9
    2023£338,327 £4,406 26
    2022£343,455 £4,219 33
    2021£312,282 £3,944 39
    2020£294,411 £3,431 22
    2019£286,594 £3,234 32
    2018£285,423 £3,291 31
    2017£268,116 £3,413 31
    2016£251,794 £3,034 34
    2015£226,170 £2,669 35
    2014£191,443 £2,310 35
    2013£196,952 £2,162 30
    2012£178,032 £2,079 30
    2011£177,312 £2,062 28
    2010£180,311 £2,061 27
    2009£149,442 £1,743 26
    2008£174,562 £1,989 32
    2007£190,467 £2,346 42
    2006£174,428 £1,976 51
    2005£152,706 £2,091 27
    2004£154,054 £1,897 45
    2003£128,565 £1,713 38
    2002£120,352 £1,431 44
    2001£91,915 £1,127 53
    2000£81,933 £973 34
    1999£67,567 £749 49
    1998£60,089 £763 35
    1997£58,168 £706 47
    1996£50,140 £612 41
    1995£52,513 £718 15
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£100,3752
    2023£141,333 £3,001 6
    2022£175,000 £3,501 4
    2021£143,571 £2,916 7
    2020£159,600 £3,168 5
    2019£152,500 £2,345 3
    2018£169,750 £8,877 4
    2017£163,297 £3,289 16
    2016£132,167 £1,841 3
    2015£114,042 £6,629 6
    2014£97,861 £2,148 9
    2013£104,667 £2,024 3
    2012£117,000 £1,763 3
    2011£57,0001
    2009£60,672 £7,128 5
    2008£102,517 £2,281 6
    2007£114,750 £2,657 2
    2006£96,700 £2,235 5
    2005£75,833 £2,585 3
    2004£73,750 £2,082 4
    2003£78,625 £1,440 4
    2002£69,599 £1,470 5
    2001£53,749 £1,207 4
    2000£37,431 £875 8
    1999£38,998 £799 4
    1998£37,500 £718 2
    1997£26,875 £560 2
    1996£22,000 £475 1
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£67,5001
    2021£10,700,0001
    2020£440,000 £1,767 1
    2018£15,000 £174 1
    2015£265,000 £1,361 2
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£460,000 £4,709 6
    2021£355,600 £4,491 5
    2020£543,000 £5,435 2
    2019£445,500 £3,381 4
    2018£351,875 £3,800 4
    2017£356,400 £3,507 10
    2016£341,071 £3,478 7
    2015£260,833 £2,972 3
    2014£322,000 £3,246 1
    2013£282,000 £2,366 7
    2012£277,400 £2,710 5
    2011£210,250 £2,124 4
    2010£298,375 £2,030 4
    2009£255,333 £2,122 3
    2008£262,500 £2,255 6
    2007£323,333 £1,984 6
    2006£297,000 £2,534 4
    2005£224,156 £2,141 9
    2004£208,550 £1,840 10
    2003£175,700 £1,629 5
    2002£184,571 £1,821 7
    2001£122,500 £1,278 3
    2000£148,999 £1,310 5
    1999£135,083 £1,036 9
    1998£155,800 £1,048 5
    1997£114,962 £1,028 13
    1996£111,893 £812 14
    1995£92,124 £505 4

    House Type in ME1 2LR area

    The most common house types in the ME1 2LR postcode area are Terraced (80), Semi-detached (37), and Detached (2).

    Total119
    Terraced80
    Semi-detached37
    Detached2
    Flat0
    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 with a mortgage or loan (44), and Owned: Owns outright (39).

    Owned: Owns with a mortgage or loan44
    Owned: Owns outright39
    Social rented: Other social rented14
    Private rented: Private landlord or letting agency13
    Shared ownership: Shared ownership5
    Social rented: Rents from council or Local Authority4
    Private rented: Other private rented1
    Does not apply0
    Lives rent free0

    Number of People in a Household

    The most houses in the ME1 2LR have 1 person in household (39), and 2 people in household (38).

    1 person in household39
    2 people in household38
    3 people in household18
    4 people in household17
    5 people in household5
    6 people in household1
    8 or more people in household1
    0 people in household0
    7 people in household0