Housing Market Analysis for TRAM WAY, ME1 3GB

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £156,000 median price is £156,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £156,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 11 TRAM WAY: £156,000 (Sold on 14 Jul 2023)
    • The first recorded sale happened at this postcode is 11 TRAM WAY: £156,000 (Sold on 14 Jul 2023)
  • Flat
    • The average price is around £175,000 median price is £175,000 Standard Deviation is £85,000 with Total Sold: 2
    • The Last 5 Year average price is £175,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 3 TRAM WAY: £260,000 (Sold on 14 Jul 2023)
    • The first recorded sale happened at this postcode is FLAT 2, SAXON HOUSE, 1 TRAM WAY: £90,000 (Sold on 21 Jun 2021)
  • Other
    • The average price is around £3,079,000 median price is £3,079,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 11 TRAM WAY: £3,079,000 (Sold on 16 May 2018)
    • The first recorded sale happened at this postcode is 11 TRAM WAY: £3,079,000 (Sold on 16 May 2018)

Sold Price Trend Over the Years:

Below table and chart gives the average ME1 3GB 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£156,000 £1,753 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£260,000 £4,333 1
2021£90,000 £1,343 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£3,079,000 £34,596 1

All the Sales in the TRAM WAY, ME1 3GB

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

AddressSold DatePrice% Change
11 TRAM WAYTerraced, LeaseholdArea: 89 Sq.mtr14 Jul 2023£156,000-94.93%
16 May 2018£3,079,000First Sale
3 TRAM WAYFlat, LeaseholdArea: 60 Sq.mtr14 Jul 2023£260,000First Sale
FLAT 2, SAXON HOUSE, 1 TRAM WAYFlat, LeaseholdArea: 67 Sq.mtr21 Jun 2021£90,000First Sale

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

TRAM WAY, ME1 3GB Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £351,771 median price is £355,000 Standard Deviation is £43,211 with Total Sold: 131
    • The Last 5 Year average price is £350,170 with Total Sold: 98
    • 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 £431,823 median price is £418,995 Standard Deviation is £87,205 with Total Sold: 147
    • The Last 5 Year average price is £438,345 with Total Sold: 96
    • 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)
  • Flat
    • The average price is around £242,347 median price is £250,000 Standard Deviation is £38,771 with Total Sold: 116
    • The Last 5 Year average price is £239,514 with Total Sold: 87
    • The most recent sale happened at this postcode is FLAT 4, 51 VILLAGE ROAD: £96,250 (Sold on 03 Jun 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)
  • Terraced
    • The average price is around £340,859 median price is £349,000 Standard Deviation is £48,406 with Total Sold: 97
    • The Last 5 Year average price is £337,396 with Total Sold: 66
    • 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: 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£380,718 £3,804 9
2020£362,892 £3,760 30
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£439,563 £3,606 38
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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£96,2503
2023£261,932 £3,879 11
2022£266,111 £3,780 9
2021£237,998 £3,519 15
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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£351,2502
2023£351,600 £2,966 5
2022£357,500 £4,472 2
2021£331,246 £3,735 14
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 3GB area

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