Housing Market Analysis for TRAM WAY, ME1 3FS

Are you looking to understand ME1 3FS 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 Tonbridge and Malling postcode.

For the location information and nearby amenities in the ME1 3FS area, explore the ME1 3FS Area information page.
For comprehensive crime statistics in the ME1 3FS area, explore the ME1 3FS Crime Rates page.

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £152,000 median price is £152,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £152,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 22 TRAM WAY: £152,000 (Sold on 27 Oct 2023)
    • The first recorded sale happened at this postcode is 22 TRAM WAY: £152,000 (Sold on 27 Oct 2023)
  • Terraced
    • The average price is around £327,496 median price is £327,498 Standard Deviation is £2,499 with Total Sold: 4
    • The Last 5 Year average price is £325,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 4 TRAM WAY: £325,000 (Sold on 09 Jul 2021)
    • The first recorded sale happened at this postcode is 6 TRAM WAY: £329,995 (Sold on 21 Jul 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average ME1 3FS 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£152,000 £1,727 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£325,000 £3,611 1
2017£328,328 £3,648 3

All the Sales in the TRAM WAY, ME1 3FS

See the table below for more details on the sold house prices in the ME1 3FS, Tonbridge and Malling postcode.

AddressSold DatePrice% Change
22 TRAM WAYSemi-Detached, LeaseholdArea: 88 Sq.mtr27 Oct 2023£152,000First Sale
4 TRAM WAYTerraced, FreeholdArea: 90 Sq.mtr09 Jul 2021£325,0000.00%
25 Aug 2017£324,995First Sale
2 TRAM WAYTerraced, FreeholdArea: 90 Sq.mtr01 Sep 2017£329,995First Sale
6 TRAM WAYTerraced, FreeholdArea: 90 Sq.mtr21 Jul 2017£329,995First Sale

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

TRAM WAY, ME1 3FS Near By properties

Interactive Map

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

  • Flat
    • The average price is around £235,090 median price is £244,995 Standard Deviation is £46,854 with Total Sold: 145
    • The Last 5 Year average price is £231,151 with Total Sold: 116
    • The most recent sale happened at this postcode is FLAT 8, EVANS HOUSE, 34 WORRALL DRIVE: £66,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is FLAT 6, LEVITT HOUSE, 1 KEEPERS COTTAGE LANE: £240,000 (Sold on 31 Mar 2017)
  • Semi-Detached
    • The average price is around £351,955 median price is £355,000 Standard Deviation is £42,995 with Total Sold: 133
    • The Last 5 Year average price is £350,446 with Total Sold: 100
    • The most recent sale happened at this postcode is , 7 GREYSTONE SQUARE: £425,000 (Sold on 20 Aug 2024)
    • The first recorded sale happened at this postcode is , 3 HERON PLACE: £279,995 (Sold on 17 Feb 2017)
  • Detached
    • The average price is around £431,859 median price is £418,995 Standard Deviation is £86,637 with Total Sold: 149
    • The Last 5 Year average price is £438,267 with Total Sold: 98
    • The most recent sale happened at this postcode is , 8 LAPWING GARDENS: £570,000 (Sold on 05 Jul 2024)
    • The first recorded sale happened at this postcode is , FORD VILLA SCARBOROUGH LANE: £129,000 (Sold on 29 Nov 2001)
  • Terraced
    • The average price is around £340,830 median price is £348,998 Standard Deviation is £48,160 with Total Sold: 98
    • The Last 5 Year average price is £337,404 with Total Sold: 67
    • The most recent sale happened at this postcode is , 3 FARLEIGH GARDENS: £330,000 (Sold on 07 May 2024)
    • The first recorded sale happened at this postcode is , 6 HERON PLACE: £354,995 (Sold on 27 Jan 2017)
  • Other
    • The average price is around £2,727,411 median price is £1,383,288 Standard Deviation is £3,348,720 with Total Sold: 15
    • The Last 5 Year average price is £835,806 with Total Sold: 10
    • The most recent sale happened at this postcode is , 31 WORRALL DRIVE: £354,995 (Sold on 23 Dec 2021)
    • The first recorded sale happened at this postcode is , 5 BATCHELOR DRIVE: £12,828,894 (Sold on 04 Sep 2015)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£88,6884
2023£236,375 £3,626 18
2022£232,840 £3,329 19
2021£233,743 £3,368 26
2020£235,704 £3,654 23
2019£241,598 £3,332 26
2018£253,132 £3,517 23
2017£242,080 £3,250 6
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£393,750 £4,599 4
2023£323,031 £3,779 8
2022£368,333 £4,213 3
2021£381,246 £3,804 10
2020£362,218 £3,756 31
2019£334,981 £3,783 44
2018£358,206 £3,584 19
2017£354,245 £3,434 14
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£395,0002
2023£472,650 £4,311 5
2022£473,750 £4,438 4
2021£455,353 £3,464 9
2020£439,309 £3,602 40
2019£427,140 £3,619 38
2018£405,583 £3,347 23
2017£416,405 £3,448 21
2016£459,995 £3,007 1
2013£635,000 £2,414 1
2007£850,0002
2003£199,9501
2001£164,500 £760 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£351,2502
2023£351,600 £2,966 5
2022£357,500 £4,472 2
2021£331,696 £3,746 15
2020£341,397 £3,793 25
2019£328,902 £3,678 18
2018£378,686 £3,150 15
2017£319,683 £3,593 16
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£354,995 £4,494 1
2020£1,179,494 £14,674 3
2019£744,098 £5,739 6
2018£3,079,000 £34,596 1
2016£5,548,404 £63,974 3
2015£12,828,894 £142,543 1

House Type in ME1 3FS area

The most common house types in the ME1 3FS postcode area are Flat (35), Semi-detached (23), and Terraced (23).

Total88
Flat35
Semi-detached23
Terraced23
Detached6
commercial building1
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 (30), and Shared ownership: Shared ownership (24).

Social rented: Other social rented30
Shared ownership: Shared ownership24
Owned: Owns with a mortgage or loan19
Private rented: Private landlord or letting agency7
Social rented: Rents from council or Local Authority5
Owned: Owns outright2
Private rented: Other private rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the ME1 3FS have 2 people in household (42), and 3 people in household (18).

2 people in household42
3 people in household18
1 person in household14
4 people in household11
5 people in household3
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0