Housing Market Analysis for THE FAIRWAY, ME1 2LU

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £116,875 median price is £120,000 Standard Deviation is £43,343 with Total Sold: 12
    • The Last 5 Year average price is £142,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 64A THE FAIRWAY: £160,000 (Sold on 15 Jun 2021)
    • The first recorded sale happened at this postcode is 66A THE FAIRWAY: £39,000 (Sold on 28 Mar 2000)
  • Other
    • The average price is around £86,250 median price is £86,250 Standard Deviation is £18,750 with Total Sold: 2
    • The Last 5 Year average price is £67,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 70A THE FAIRWAY: £105,000 (Sold on 03 Jul 2015)
    • The first recorded sale happened at this postcode is 70A THE FAIRWAY: £67,500 (Sold on 18 Apr 2023)
  • Terraced
    • The average price is around £36,417 median price is £28,250 Standard Deviation is £23,237 with Total Sold: 6
    • The most recent sale happened at this postcode is 66A THE FAIRWAY: £57,500 (Sold on 23 Dec 2004)
    • The first recorded sale happened at this postcode is 70A THE FAIRWAY: £17,500 (Sold on 26 May 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average ME1 2LU 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
2021£160,000 £2,105 1
2019£125,000 £1,645 1
2018£180,000 £2,308 1
2017£163,000 £2,113 1
2016£146,500 £1,878 2
2015£105,000 £1,361 1
2014£115,000 £1,474 1
2004£95,000 £1,218 1
2003£72,500 £918 1
2002£55,000 £705 1
2000£39,000 £500 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£105,000 £1,361 1
2023£67,5001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2004£57,500 £728 1
2003£75,000 £949 1
2000£16,000 £205 1
1998£39,000 £513 1
1995£15,500 £199 2

All the Sales in the THE FAIRWAY, ME1 2LU

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

AddressSold DatePrice% Change
64A THE FAIRWAYFlat, LeaseholdArea: 76 Sq.mtrAge: 1950-196615 Jun 2021£160,00028.00%
03 Jan 2019£125,000220.51%
23 Feb 1998£39,000First Sale
68A THE FAIRWAYFlat, LeaseholdArea: 78 Sq.mtrAge: 1930-194907 Mar 2018£180,00013.92%
13 May 2016£158,00037.39%
23 Jul 2014£115,00021.05%
23 Jan 2004£95,00072.73%
06 Sep 2002£55,000First Sale
70A THE FAIRWAYFlat, LeaseholdArea: 77.14 Sq.mtrAge: 1950-196620 Oct 2017£163,00055.24%
03 Jul 2015£105,0000.0
03 Jul 2015£105,000500.00%
26 May 1995£17,500-74.07%
18 Apr 2023£67,500First Sale
66A THE FAIRWAYFlat, LeaseholdArea: 78 Sq.mtrAge: 1967-197508 Feb 2016£135,000134.78%
23 Dec 2004£57,500-20.69%
01 May 2003£72,500-3.33%
11 Feb 2003£75,000368.75%
12 May 2000£16,000-58.97%
28 Mar 2000£39,000188.89%
25 Oct 1995£13,500First Sale

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

THE FAIRWAY, ME1 2LU Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £174,792 median price is £160,000 Standard Deviation is £91,001 with Total Sold: 894
    • The Last 5 Year average price is £303,514 with Total Sold: 151
    • 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 , 1 KENT CLOSE: £70,000 (Sold on 27 Jan 1995)
  • Terraced
    • The average price is around £151,853 median price is £138,000 Standard Deviation is £87,675 with Total Sold: 512
    • The Last 5 Year average price is £281,548 with Total Sold: 89
    • 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)
  • Flat
    • The average price is around £95,660 median price is £92,000 Standard Deviation is £48,071 with Total Sold: 104
    • The Last 5 Year average price is £142,368 with Total Sold: 17
    • 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)
  • Detached
    • The average price is around £258,500 median price is £246,000 Standard Deviation is £129,593 with Total Sold: 151
    • The Last 5 Year average price is £486,083 with Total Sold: 18
    • The most recent sale happened at this postcode is , 9 GRIZEDALE CLOSE: £415,000 (Sold on 08 Nov 2023)
    • The first recorded sale happened at this postcode is , UPPER DELCE FARM MAIDSTONE ROAD: £99,333 (Sold on 31 Mar 1995)
  • Other
    • The average price is around £2,016,643 median price is £425,000 Standard Deviation is £3,620,626 with Total Sold: 7
    • The Last 5 Year average price is £5,383,750 with Total Sold: 2
    • 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£344,1679
2023£325,250 £4,076 26
2022£322,750 £3,932 26
2021£301,894 £3,647 37
2020£294,631 £3,454 19
2019£268,147 £3,193 34
2018£283,141 £3,288 32
2017£273,196 £3,494 26
2016£232,633 £2,958 30
2015£212,010 £2,647 43
2014£194,719 £2,370 41
2013£163,981 £2,078 26
2012£162,855 £1,834 21
2011£157,211 £1,910 26
2010£163,375 £1,852 20
2009£141,619 £1,894 21
2008£177,809 £2,112 21
2007£180,551 £2,142 39
2006£169,071 £1,843 42
2005£151,125 £1,908 24
2004£153,233 £1,759 34
2003£136,707 £1,729 41
2002£118,462 £1,295 40
2001£90,637 £1,021 40
2000£78,867 £935 28
1999£70,689 £764 36
1998£64,998 £775 28
1997£65,345 £706 36
1996£53,900 £622 30
1995£52,997 £686 18
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£291,610 £3,997 6
2023£297,946 £3,804 14
2022£319,867 £4,016 15
2021£285,113 £3,339 22
2020£248,205 £3,213 17
2019£256,460 £3,474 15
2018£247,188 £3,408 12
2017£235,717 £3,079 23
2016£275,791 £3,162 5
2015£170,361 £2,471 18
2014£159,930 £2,269 20
2013£132,280 £1,666 15
2012£144,719 £1,974 8
2011£152,107 £1,968 14
2010£124,900 £1,766 10
2009£105,888 £1,614 14
2008£122,081 £1,887 29
2007£151,654 £2,035 22
2006£146,865 £2,087 26
2005£135,166 £1,859 17
2004£134,223 £1,741 30
2003£126,143 £1,649 21
2002£93,541 £1,159 23
2001£77,099 £1,046 21
2000£72,921 £925 19
1999£60,599 £795 21
1998£52,497 £818 21
1997£45,166 £601 12
1996£43,838 £606 13
1995£38,272 £543 9
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£100,3752
2023£134,125 £2,752 4
2022£184,333 £2,885 3
2021£134,500 £2,475 5
2019£152,500 £2,345 3
2018£168,800 £7,633 5
2017£126,450 £2,161 5
2016£133,917 £2,188 6
2015£101,292 £6,559 6
2014£95,958 £1,979 6
2013£89,000 £2,781 1
2012£96,000 £1,763 4
2011£64,250 £1,744 2
2009£71,922 £7,570 5
2008£96,700 £1,949 3
2007£107,750 £2,024 4
2006£90,125 £1,915 4
2005£86,612 £2,102 4
2004£74,000 £1,711 3
2003£75,786 £1,603 7
2002£66,207 £1,586 6
2001£59,9951
2000£31,990 £726 5
1999£34,250 £642 2
1998£25,000 £658 1
1997£21,2501
1996£32,000 £727 1
1995£31,900 £872 5
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£561,250 £5,099 4
2022£430,000 £4,971 3
2021£501,600 £3,920 5
2020£451,083 £4,387 6
2018£408,750 £3,861 2
2017£366,812 £3,794 8
2016£344,667 £3,180 3
2015£288,333 £3,111 3
2014£307,625 £3,003 8
2013£254,250 £2,956 4
2012£308,600 £2,660 5
2011£244,667 £2,407 6
2010£258,786 £2,462 7
2009£203,4982
2008£247,786 £2,310 5
2007£297,000 £2,225 6
2006£285,167 £2,648 6
2005£217,917 £2,058 6
2004£234,417 £2,077 6
2003£225,500 £1,866 7
2002£194,500 £1,751 6
2001£143,200 £1,087 5
2000£182,700 £1,424 5
1999£150,599 £1,104 10
1998£134,749 £1,139 4
1997£125,250 £955 8
1996£99,906 £850 8
1995£86,1113
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£67,5001
2021£10,700,0001
2018£15,000 £174 1
2016£1,402,000 £4,500 2
2015£265,000 £1,361 2

House Type in ME1 2LU area

The most common house types in the ME1 2LU postcode area are Semi-detached (68), Flat (40), and Terraced (9).

Total123
Semi-detached68
Flat40
Terraced9
Detached3
commercial building3
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (46), and Owned: Owns with a mortgage or loan (41).

Social rented: Other social rented46
Owned: Owns with a mortgage or loan41
Owned: Owns outright18
Private rented: Private landlord or letting agency9
Social rented: Rents from council or Local Authority7
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the ME1 2LU have 1 person in household (37), and 2 people in household (30).

1 person in household37
2 people in household30
4 people in household21
3 people in household20
5 people in household10
6 people in household2
7 people in household2
0 people in household0
8 or more people in household0