Housing Market Analysis for SHORTS WAY, ME1 3AL

Are you looking to understand ME1 3AL 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 3AL area, explore the ME1 3AL Area information page.
For comprehensive crime statistics in the ME1 3AL area, explore the ME1 3AL Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME1 3AL postcode area, The average prices are as follows,

  • Flat
    • The average price is around £84,212 median price is £87,000 Standard Deviation is £48,998 with Total Sold: 12
    • The Last 5 Year average price is £151,017 with Total Sold: 3
    • The most recent sale happened at this postcode is 55 SHORTS WAY: £173,050 (Sold on 08 Mar 2023)
    • The first recorded sale happened at this postcode is 55 SHORTS WAY: £26,500 (Sold on 20 Nov 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average ME1 3AL 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
2023£173,050 £2,903 1
2022£150,000 £2,500 1
2020£130,000 £2,453 1
2006£91,250 £1,659 2
2005£84,000 £1,474 1
2004£110,000 £1,864 1
2003£78,000 £1,322 1
2000£26,000 £500 1
1999£25,250 £431 2
1998£26,500 £449 1

All the Sales in the SHORTS WAY, ME1 3AL

See the table below for more details on the sold house prices in the ME1 3AL, Medway postcode.

AddressSold DatePrice% Change
55 SHORTS WAYFlat, LeaseholdArea: 59.61 Sq.mtrAge: 1930-194908 Mar 2023£173,05057.32%
13 Sep 2004£110,00041.03%
21 Nov 2003£78,000194.34%
20 Nov 1998£26,500First Sale
19 SHORTS WAYFlat, LeaseholdArea: 60 Sq.mtrAge: 1930-194927 Jan 2022£150,00062.16%
31 Oct 2006£92,5002.78%
25 Jan 2006£90,000221.43%
10 Dec 1999£28,000First Sale
25 SHORTS WAYFlat, LeaseholdArea: 53 Sq.mtrAge: 1950-196619 Mar 2020£130,000First Sale
9 SHORTS WAYFlat, LeaseholdArea: 57 Sq.mtrAge: 1950-196608 Aug 2005£84,000273.33%
14 Jun 1999£22,500First Sale
73 SHORTS WAYFlat, LeaseholdArea: 52 Sq.mtrAge: 1967-197518 Dec 2000£26,000First Sale

Check out the sold house prices near the ME1 3AL postcode. Properties currently for saleProperties currently for rent

SHORTS WAY, ME1 3AL Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME1 3AL 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 3AL postcode.

  • Terraced
    • The average price is around £165,536 median price is £150,000 Standard Deviation is £88,436 with Total Sold: 766
    • The Last 5 Year average price is £267,338 with Total Sold: 122
    • The most recent sale happened at this postcode is , 32 SIDNEY ROAD: £250,000 (Sold on 20 Sep 2024)
    • The first recorded sale happened at this postcode is , 48 MANOR LANE: £49,500 (Sold on 27 Jan 1995)
  • Flat
    • The average price is around £124,037 median price is £120,000 Standard Deviation is £54,721 with Total Sold: 968
    • The Last 5 Year average price is £196,802 with Total Sold: 109
    • The most recent sale happened at this postcode is , 7 HARRIET DRIVE: £222,000 (Sold on 17 Jun 2024)
    • The first recorded sale happened at this postcode is , 54A BORSTAL STREET: £12,500 (Sold on 14 Mar 1995)
  • Semi-Detached
    • The average price is around £226,544 median price is £197,000 Standard Deviation is £142,704 with Total Sold: 325
    • The Last 5 Year average price is £356,518 with Total Sold: 42
    • The most recent sale happened at this postcode is , 33 HILL ROAD: £540,000 (Sold on 28 May 2024)
    • The first recorded sale happened at this postcode is , BRIDGE VIEW HILL ROAD: £95,000 (Sold on 10 Jan 1995)
  • Detached
    • The average price is around £349,097 median price is £300,000 Standard Deviation is £220,499 with Total Sold: 261
    • The Last 5 Year average price is £649,200 with Total Sold: 35
    • The most recent sale happened at this postcode is , 110 BORSTAL ROAD: £600,000 (Sold on 23 May 2024)
    • The first recorded sale happened at this postcode is 23, COWDREY COURT COWDREY CLOSE: £101,000 (Sold on 26 Jan 1995)
  • Other
    • The average price is around £403,102 median price is £196,500 Standard Deviation is £604,349 with Total Sold: 11
    • The Last 5 Year average price is £706,500 with Total Sold: 4
    • The most recent sale happened at this postcode is , 72 - 74 BORSTAL STREET: £435,000 (Sold on 27 Oct 2023)
    • The first recorded sale happened at this postcode is , 1C HILL ROAD: £199,000 (Sold on 17 Nov 2014)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£274,636 £2,724 11
2023£286,779 £3,389 17
2022£275,896 £3,539 24
2021£247,880 £3,128 25
2020£277,870 £2,962 23
2019£250,432 £2,720 22
2018£242,517 £2,908 15
2017£245,522 £2,987 23
2016£243,864 £2,702 22
2015£213,558 £2,456 18
2014£168,812 £2,044 26
2013£188,500 £1,929 15
2012£182,264 £1,907 20
2011£208,071 £1,986 14
2010£149,222 £1,612 9
2009£177,066 £1,808 15
2008£149,500 £1,802 18
2007£176,651 £2,096 47
2006£165,309 £1,891 36
2005£176,552 £1,863 29
2004£161,995 £1,703 37
2003£121,425 £1,452 24
2002£131,400 £1,357 41
2001£114,316 £1,125 48
2000£109,347 £1,160 51
1999£112,378 £1,053 65
1998£45,559 £633 25
1997£52,103 £614 14
1996£40,630 £441 15
1995£41,838 £491 17
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£197,0005
2023£199,039 £3,232 14
2022£210,068 £3,518 28
2021£203,725 £3,278 20
2020£179,929 £2,915 21
2019£187,857 £2,939 21
2018£173,616 £2,747 28
2017£173,009 £2,806 28
2016£155,685 £2,635 23
2015£152,083 £2,676 30
2014£145,913 £2,398 39
2013£134,528 £2,088 18
2012£115,875 £1,976 16
2011£118,875 £2,078 16
2010£126,067 £2,348 9
2009£113,600 £1,777 15
2008£137,675 £2,311 20
2007£147,247 £2,424 42
2006£138,258 £2,223 58
2005£137,937 £2,202 28
2004£129,707 £2,065 52
2003£111,226 £1,956 55
2002£112,315 £1,747 79
2001£101,653 £1,645 72
2000£86,668 £1,378 122
1999£64,230 £1,093 68
1998£31,657 £567 19
1997£30,074 £509 10
1996£29,500 £487 7
1995£27,500 £469 5
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£467,000 £3,277 3
2023£347,056 £3,677 9
2022£542,929 £3,459 7
2021£292,583 £3,547 6
2020£319,558 £2,668 13
2019£184,750 £2,952 4
2018£376,393 £3,132 14
2017£363,312 £3,218 8
2016£273,777 £3,087 9
2015£318,900 £2,795 10
2014£306,091 £2,200 11
2013£329,300 £2,254 5
2012£276,374 £2,629 9
2011£217,000 £1,973 11
2010£206,111 £2,147 9
2009£287,500 £2,019 6
2008£201,944 £1,844 9
2007£256,547 £2,145 17
2006£185,464 £2,017 14
2005£202,217 £2,038 17
2004£192,287 £1,957 24
2003£224,215 £1,741 10
2002£159,389 £1,759 18
2001£159,658 £1,202 19
2000£141,918 £1,268 13
1999£130,868 £1,126 18
1998£80,500 £819 8
1997£69,277 £747 9
1996£57,875 £557 8
1995£64,643 £760 7
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£627,5002
2023£814,000 £6,156 5
2022£653,714 £4,095 7
2021£664,400 £4,189 10
2020£544,625 £3,503 8
2019£606,667 £4,342 3
2018£578,600 £4,004 5
2017£396,285 £3,053 7
2016£437,643 £3,168 7
2015£359,125 £2,832 8
2014£601,357 £2,715 7
2013£435,073 £2,762 13
2012£434,001 £2,967 15
2011£439,359 £2,651 14
2010£405,857 £2,860 7
2009£347,250 £2,069 10
2008£428,738 £1,653 4
2007£332,654 £2,125 11
2006£310,714 £2,627 7
2005£263,688 £2,427 8
2004£258,100 £2,362 9
2003£231,214 £2,427 7
2002£213,083 £1,784 12
2001£196,606 £1,538 14
2000£194,841 £1,432 16
1999£172,101 £1,470 14
1998£116,332 £724 6
1997£104,167 £813 9
1996£131,000 £1,070 9
1995£99,714 £878 7
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,317,500 £7,325 2
2021£95,500 £1,642 2
2018£196,500 £2,977 1
2017£109,2083
2016£442,498 £3,219 2
2014£199,000 £1,411 1

House Type in ME1 3AL area

The most common house types in the ME1 3AL postcode area are Total (135), Detached (0), and Semi-detached (0).

Flat135
Total135
Detached0
Semi-detached0
Terraced0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (59), and Owned: Owns with a mortgage or loan (26).

Social rented: Other social rented59
Owned: Owns with a mortgage or loan26
Private rented: Private landlord or letting agency25
Social rented: Rents from council or Local Authority14
Owned: Owns outright9
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the ME1 3AL have 2 people in household (51), and 3 people in household (30).

2 people in household51
3 people in household30
1 person in household29
4 people in household23
5 people in household1
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0