Housing Market Analysis for SHORTS WAY, ME1 3AR

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £115,650 median price is £108,748 Standard Deviation is £46,530 with Total Sold: 10
    • The Last 5 Year average price is £177,000 with Total Sold: 3
    • The most recent sale happened at this postcode is 40 SHORTS WAY: £195,000 (Sold on 25 Oct 2022)
    • The first recorded sale happened at this postcode is 40 SHORTS WAY: £41,000 (Sold on 09 Nov 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average ME1 3AR 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
2022£190,000 £3,284 2
2021£151,000 £2,658 1
2015£115,000 £1,949 1
2014£107,500 £1,892 1
2007£104,000 £2,080 1
2006£109,995 £1,864 1
2003£74,000 £1,363 2
2001£41,000 £820 1

All the Sales in the SHORTS WAY, ME1 3AR

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

AddressSold DatePrice% Change
40 SHORTS WAYFlat, LeaseholdArea: 56.82 Sq.mtrAge: 1950-196625 Oct 2022£195,00029.14%
19 Feb 2021£151,00040.47%
23 Dec 2014£107,5003.37%
05 Jun 2007£104,00046.48%
24 Feb 2003£71,00073.17%
09 Nov 2001£41,000First Sale
42 SHORTS WAYFlat, LeaseholdArea: 59 Sq.mtrAge: 1950-196605 Sep 2022£185,00060.87%
26 Aug 2015£115,0004.55%
08 Sep 2006£109,99542.85%
17 Apr 2003£77,000First Sale

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

SHORTS WAY, ME1 3AR Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £164,946 median price is £150,000 Standard Deviation is £88,733 with Total Sold: 699
    • The Last 5 Year average price is £267,699 with Total Sold: 107
    • 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 £219,447 median price is £190,000 Standard Deviation is £141,168 with Total Sold: 340
    • The Last 5 Year average price is £355,439 with Total Sold: 45
    • 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 £344,323 median price is £280,000 Standard Deviation is £228,070 with Total Sold: 213
    • The Last 5 Year average price is £645,429 with Total Sold: 28
    • 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 , 108 BORSTAL ROAD: £116,000 (Sold on 07 Apr 1995)
  • Other
    • The average price is around £442,412 median price is £197,750 Standard Deviation is £620,293 with Total Sold: 10
    • 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£285,328 £3,422 16
2022£273,447 £3,413 19
2021£248,763 £3,126 19
2020£281,300 £2,957 20
2019£250,432 £2,720 22
2018£246,804 £2,935 14
2017£248,700 £2,950 20
2016£252,444 £2,703 18
2015£210,195 £2,433 13
2014£171,005 £1,987 22
2013£182,250 £1,888 14
2012£177,963 £1,844 18
2011£208,071 £1,986 14
2010£163,286 £1,636 7
2009£177,066 £1,808 15
2008£150,941 £1,809 17
2007£177,758 £2,094 45
2006£168,109 £1,944 31
2005£175,980 £1,896 25
2004£163,023 £1,702 36
2003£127,060 £1,447 20
2002£131,636 £1,347 40
2001£117,492 £1,135 45
2000£109,347 £1,160 51
1999£114,786 £1,057 62
1998£45,086 £628 23
1997£52,287 £574 12
1996£40,630 £441 15
1995£40,850 £496 15
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£362,350 £3,781 10
2022£542,929 £3,459 7
2021£316,833 £3,610 9
2020£298,271 £2,536 12
2019£184,750 £2,952 4
2018£362,286 £3,060 14
2017£351,833 £3,220 9
2016£265,499 £3,052 8
2015£321,550 £2,781 10
2014£284,000 £2,236 14
2013£316,056 £2,203 5
2012£200,900 £2,348 5
2011£235,778 £2,017 9
2010£206,111 £2,147 9
2009£258,374 £2,023 8
2008£201,944 £1,844 9
2007£252,076 £2,145 17
2006£181,642 £2,017 14
2005£201,261 £2,043 18
2004£190,323 £1,947 26
2003£224,215 £1,741 10
2002£155,175 £1,666 20
2001£164,750 £1,202 18
2000£133,139 £1,200 14
1999£130,868 £1,126 18
1998£75,800 £831 10
1997£69,499 £739 11
1996£58,182 £583 11
1995£65,562 £760 8
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£600,0001
2023£858,333 £6,522 3
2022£653,714 £4,095 7
2021£668,000 £4,209 8
2020£526,000 £3,459 7
2019£647,500 £4,539 2
2018£645,000 £4,101 3
2017£396,285 £3,053 7
2016£457,500 £3,187 5
2015£364,000 £2,841 7
2014£625,750 £2,653 6
2013£549,286 £2,745 7
2012£603,250 £3,373 4
2011£429,857 £2,440 7
2010£405,857 £2,860 7
2009£363,889 £2,060 9
2008£428,738 £1,653 4
2007£352,222 £2,396 9
2006£310,714 £2,627 7
2005£263,688 £2,427 8
2004£258,100 £2,362 9
2003£239,750 £2,427 6
2002£206,393 £1,748 14
2001£214,226 £1,615 11
2000£194,841 £1,432 16
1999£168,708 £1,415 14
1998£135,250 £851 4
1997£104,188 £813 8
1996£131,000 £1,070 9
1995£94,250 £604 4
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£158,8122
2016£442,498 £3,219 2
2014£199,000 £1,411 1

House Type in ME1 3AR area

The most common house types in the ME1 3AR 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 3AR 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