Housing Market Analysis for THE FAIRWAY, ME1 2LY

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £21,000 median price is £21,000 Standard Deviation is £9,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 2, LEAKE HOUSE THE FAIRWAY: £30,000 (Sold on 16 Dec 2004)
    • The first recorded sale happened at this postcode is 2, LEAKE HOUSE THE FAIRWAY: £12,000 (Sold on 05 May 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average ME1 2LY 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
2004£30,0001
2000£12,0001

All the Sales in the THE FAIRWAY, ME1 2LY

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

AddressSold DatePrice% Change
2, LEAKE HOUSE THE FAIRWAYFlat, Leasehold16 Dec 2004£30,000150.00%
05 May 2000£12,000First Sale

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

THE FAIRWAY, ME1 2LY Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £172,764 median price is £155,000 Standard Deviation is £92,541 with Total Sold: 853
    • The Last 5 Year average price is £304,299 with Total Sold: 139
    • 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 £149,329 median price is £137,000 Standard Deviation is £87,077 with Total Sold: 582
    • The Last 5 Year average price is £281,898 with Total Sold: 95
    • 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 , 29 MARLEY WAY: £47,500 (Sold on 17 Jan 1995)
  • Flat
    • The average price is around £105,008 median price is £97,500 Standard Deviation is £52,238 with Total Sold: 134
    • The Last 5 Year average price is £153,193 with Total Sold: 22
    • 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 £257,797 median price is £242,750 Standard Deviation is £130,703 with Total Sold: 158
    • The Last 5 Year average price is £485,763 with Total Sold: 19
    • 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£330,750 £4,123 22
2022£317,979 £3,862 24
2021£301,457 £3,630 33
2020£306,095 £3,443 21
2019£263,867 £3,187 30
2018£280,581 £3,280 31
2017£287,133 £3,512 27
2016£230,345 £2,962 29
2015£209,907 £2,603 38
2014£194,921 £2,370 38
2013£173,804 £2,073 28
2012£164,348 £1,853 20
2011£157,250 £1,927 24
2010£159,911 £1,822 17
2009£141,450 £1,895 20
2008£173,000 £1,995 19
2007£179,498 £2,129 39
2006£167,015 £1,851 40
2005£147,444 £1,897 18
2004£149,935 £1,766 32
2003£132,125 £1,743 36
2002£115,524 £1,298 41
2001£91,255 £1,055 41
2000£78,117 £958 28
1999£69,679 £777 38
1998£64,979 £788 26
1997£64,643 £713 38
1996£53,150 £630 30
1995£53,215 £686 16
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£291,610 £3,997 6
2023£281,516 £3,705 16
2022£331,944 £4,166 18
2021£288,690 £3,471 21
2020£248,166 £3,260 18
2019£251,369 £3,496 16
2018£244,350 £3,476 15
2017£229,500 £3,115 24
2016£248,496 £3,120 10
2015£163,694 £2,484 18
2014£156,580 £2,260 20
2013£135,122 £1,772 18
2012£139,975 £2,097 10
2011£152,107 £1,968 14
2010£129,292 £1,758 12
2009£110,496 £1,666 15
2008£118,926 £1,918 29
2007£150,835 £2,075 22
2006£150,417 £2,115 36
2005£137,517 £1,888 19
2004£136,439 £1,785 30
2003£124,482 £1,850 28
2002£95,161 £1,192 29
2001£76,599 £1,036 26
2000£73,900 £929 20
1999£59,705 £823 26
1998£54,156 £829 22
1997£44,812 £645 16
1996£44,100 £606 14
1995£38,675 £631 14
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£100,3752
2023£134,125 £2,752 4
2022£189,600 £3,374 5
2021£142,917 £2,784 6
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£103,964 £5,896 7
2014£99,679 £2,103 7
2013£89,000 £2,781 1
2012£100,800 £1,890 5
2011£64,250 £1,744 2
2009£71,922 £7,570 5
2008£109,020 £2,267 5
2007£112,500 £2,182 5
2006£97,750 £2,013 6
2005£86,612 £2,102 4
2004£74,000 £1,711 3
2003£78,214 £1,680 7
2002£69,024 £1,632 10
2001£59,498 £1,268 2
2000£36,658 £825 6
1999£38,667 £768 3
1998£35,000 £784 2
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
2019£480,000 £3,288 1
2018£339,167 £3,569 3
2017£378,833 £3,734 9
2016£344,667 £3,180 3
2015£262,500 £3,024 4
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£206,214 £2,022 7
2004£234,417 £2,077 6
2003£210,125 £1,655 8
2002£183,857 £1,775 7
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 2LY area

The most common house types in the ME1 2LY 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 2LY 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