Housing Market Analysis for FARRADAY CLOSE, ME1 2SQ

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £251,050 median price is £215,000 Standard Deviation is £154,542 with Total Sold: 10
    • The Last 5 Year average price is £506,250 with Total Sold: 2
    • The most recent sale happened at this postcode is 6 FARRADAY CLOSE: £512,500 (Sold on 10 Jul 2023)
    • The first recorded sale happened at this postcode is 10 FARRADAY CLOSE: £91,000 (Sold on 28 Apr 1995)
  • Flat
    • The average price is around £305,750 median price is £305,750 Standard Deviation is £19,250 with Total Sold: 2
    • The most recent sale happened at this postcode is 5 FARRADAY CLOSE: £325,000 (Sold on 19 Jul 2007)
    • The first recorded sale happened at this postcode is 5 FARRADAY CLOSE: £286,500 (Sold on 01 Oct 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average ME1 2SQ 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£512,500 £3,883 1
2021£500,000 £4,744 1
2012£330,000 £2,778 1
2011£280,000 £2,657 1
2007£320,0001
2000£150,0001
1999£114,0002
1996£99,000 £750 1
1995£91,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£325,000 £2,736 1
2003£286,500 £2,412 1

All the Sales in the FARRADAY CLOSE, ME1 2SQ

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

AddressSold DatePrice% Change
6 FARRADAY CLOSEDetached, FreeholdArea: 132 Sq.mtrAge: 1976-198210 Jul 2023£512,500417.68%
15 Apr 1996£99,000First Sale
3 FARRADAY CLOSEDetached, FreeholdArea: 105.4 Sq.mtrAge: 1976-198226 Mar 2021£500,00078.57%
21 Feb 2011£280,000First Sale
5 FARRADAY CLOSEDetached, FreeholdArea: 118.8 Sq.mtrAge: 1983-199019 Jan 2012£330,0001.54%
19 Jul 2007£325,00013.44%
01 Oct 2003£286,500First Sale
9 FARRADAY CLOSEDetached, Freehold05 Jan 2007£320,000160.16%
11 Nov 1999£123,00017.14%
15 Mar 1999£105,000First Sale
8 FARRADAY CLOSEDetached, Freehold20 Sep 2000£150,000First Sale
10 FARRADAY CLOSEDetached, Freehold28 Apr 1995£91,000First Sale

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

FARRADAY CLOSE, ME1 2SQ Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £184,161 median price is £165,000 Standard Deviation is £105,272 with Total Sold: 922
    • The Last 5 Year average price is £334,172 with Total Sold: 145
    • The most recent sale happened at this postcode is , 48 GERRARD AVENUE: £350,000 (Sold on 21 Aug 2024)
    • The first recorded sale happened at this postcode is , 6 BLAKER AVENUE: £58,000 (Sold on 18 Jan 1995)
  • Detached
    • The average price is around £288,954 median price is £272,000 Standard Deviation is £150,806 with Total Sold: 543
    • The Last 5 Year average price is £498,821 with Total Sold: 78
    • The most recent sale happened at this postcode is , 293 WILSON AVENUE: £385,000 (Sold on 13 Jun 2024)
    • The first recorded sale happened at this postcode is , 39A WALLACE ROAD: £96,000 (Sold on 03 Jan 1995)
  • Terraced
    • The average price is around £174,897 median price is £165,000 Standard Deviation is £91,823 with Total Sold: 819
    • The Last 5 Year average price is £300,944 with Total Sold: 124
    • The most recent sale happened at this postcode is , 21 PATTENS LANE: £310,000 (Sold on 29 May 2024)
    • The first recorded sale happened at this postcode is , 18 GRAFTON AVENUE: £56,000 (Sold on 26 Jan 1995)
  • Flat
    • The average price is around £113,155 median price is £109,000 Standard Deviation is £56,220 with Total Sold: 106
    • The Last 5 Year average price is £154,188 with Total Sold: 20
    • The most recent sale happened at this postcode is FLAT 7, RICHARD HOWE HOUSE PALM DRIVE: £83,250 (Sold on 26 Mar 2024)
    • The first recorded sale happened at this postcode is , 63 ARETHUSA ROAD: £30,000 (Sold on 21 Nov 1995)
  • Other
    • The average price is around £1,097,192 median price is £372,500 Standard Deviation is £2,779,488 with Total Sold: 13
    • The Last 5 Year average price is £1,573,188 with Total Sold: 8
    • The most recent sale happened at this postcode is , 17 ARGYLE CLOSE: £410,000 (Sold on 01 Mar 2024)
    • The first recorded sale happened at this postcode is , 131 CITY WAY: £425,000 (Sold on 24 Aug 2015)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£345,944 £4,169 9
2023£376,466 £4,281 29
2022£347,452 £4,180 21
2021£316,208 £3,762 36
2020£329,923 £3,646 26
2019£298,583 £3,544 24
2018£314,260 £3,652 25
2017£314,919 £3,693 24
2016£253,481 £3,232 26
2015£230,797 £2,875 31
2014£238,121 £2,516 29
2013£197,885 £2,241 26
2012£177,505 £2,111 20
2011£186,000 £2,086 22
2010£178,910 £2,437 19
2009£154,738 £1,941 21
2008£185,155 £2,171 18
2007£207,993 £2,353 47
2006£178,472 £2,030 43
2005£176,059 £2,073 25
2004£174,595 £1,893 48
2003£158,454 £1,812 34
2002£125,204 £1,468 29
2001£111,609 £1,316 48
2000£99,502 £1,176 43
1999£79,940 £876 47
1998£70,987 £751 35
1997£64,861 £718 47
1996£62,574 £669 45
1995£60,596 £682 25
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£398,000 £3,467 6
2023£565,962 £4,783 13
2022£494,533 £5,292 15
2021£480,520 £4,339 25
2020£486,500 £4,219 11
2019£547,500 £3,541 8
2018£398,228 £4,419 11
2017£394,969 £4,233 16
2016£377,784 £3,705 16
2015£336,864 £2,977 11
2014£332,629 £2,896 19
2013£292,023 £2,608 22
2012£280,083 £2,606 18
2011£253,625 £2,719 16
2010£247,818 £2,548 11
2009£214,000 £2,606 13
2008£325,937 £1,948 17
2007£366,833 £2,254 24
2006£284,417 £2,490 30
2005£319,511 £2,237 17
2004£288,044 £2,148 33
2003£268,180 £2,071 29
2002£260,787 £1,820 31
2001£169,818 £1,517 11
2000£163,750 £1,476 14
1999£124,835 £1,105 31
1998£153,828 £1,365 23
1997£107,625 £937 16
1996£90,489 £710 23
1995£88,023 £647 13
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£280,571 £2,744 7
2023£330,167 £3,815 18
2022£366,273 £4,016 22
2021£292,200 £3,376 30
2020£260,385 £3,375 13
2019£270,618 £3,318 34
2018£274,021 £3,260 24
2017£272,726 £3,107 31
2016£259,123 £2,973 28
2015£208,499 £2,594 28
2014£201,016 £2,328 31
2013£168,375 £1,980 28
2012£177,639 £2,147 18
2011£179,380 £1,976 25
2010£168,492 £1,997 25
2009£168,140 £1,937 25
2008£185,932 £1,986 22
2007£182,985 £2,001 34
2006£174,434 £1,998 40
2005£167,814 £1,799 35
2004£148,569 £1,844 36
2003£147,000 £1,707 35
2002£121,463 £1,323 29
2001£92,428 £1,131 35
2000£78,204 £941 29
1999£67,264 £818 30
1998£64,841 £790 35
1997£54,733 £686 22
1996£52,871 £554 28
1995£50,100 £715 22
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£83,2501
2023£111,000 £2,431 2
2022£180,429 £3,247 7
2021£141,667 £3,290 3
2020£152,167 £3,158 6
2019£177,500 £2,572 1
2018£165,000 £2,661 1
2017£176,292 £3,661 12
2016£132,000 £2,129 1
2015£100,850 £2,295 5
2014£97,000 £2,113 9
2013£102,250 £1,938 2
2012£99,000 £2,285 2
2009£92,5001
2008£118,400 £2,440 5
2007£188,833 £2,358 3
2006£113,417 £2,695 12
2005£94,112 £2,126 4
2003£136,375 £2,005 4
2002£66,070 £1,692 7
2001£57,000 £1,146 3
2000£43,000 £955 4
1999£38,098 £756 5
1998£34,667 £630 3
1997£32,500 £560 1
1996£22,000 £475 1
1995£30,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£410,000 £4,713 1
2023£255,0001
2022£536,250 £3,582 2
2021£5,358,0002
2020£66,000 £1,089 2
2018£275,000 £174 2
2017£351,5002
2015£425,0001

House Type in ME1 2SQ area

The most common house types in the ME1 2SQ postcode area are Semi-detached (57), Terraced (26), and Detached (25).

Total108
Semi-detached57
Terraced26
Detached25
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 (53), and Owned: Owns outright (41).

Owned: Owns with a mortgage or loan53
Owned: Owns outright41
Private rented: Private landlord or letting agency9
Private rented: Other private rented3
Shared ownership: Shared ownership1
Social rented: Other social rented1
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the ME1 2SQ have 2 people in household (38), and 1 person in household (23).

2 people in household38
1 person in household23
4 people in household18
3 people in household16
5 people in household10
6 people in household1
7 people in household1
8 or more people in household1
0 people in household0