Housing Market Analysis for PROSPECT PLACE, ME1 3JJ

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £107,472 median price is £95,000 Standard Deviation is £58,079 with Total Sold: 9
    • The Last 5 Year average price is £192,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 2 PROSPECT PLACE: £205,000 (Sold on 27 May 2020)
    • The first recorded sale happened at this postcode is 2 PROSPECT PLACE: £51,995 (Sold on 12 Jun 1998)
  • Semi-Detached
    • The average price is around £97,250 median price is £97,250 Standard Deviation is £37,250 with Total Sold: 2
    • The most recent sale happened at this postcode is 4 PROSPECT PLACE: £134,500 (Sold on 26 Nov 2003)
    • The first recorded sale happened at this postcode is 4 PROSPECT PLACE: £60,000 (Sold on 04 Nov 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average ME1 3JJ 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
2020£192,500 £3,180 2
2006£138,000 £2,300 2
2005£95,000 £1,583 1
2000£77,500 £1,292 1
1998£44,582 £738 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2003£134,5001
1999£60,0001

All the Sales in the PROSPECT PLACE, ME1 3JJ

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

AddressSold DatePrice% Change
2 PROSPECT PLACETerraced, FreeholdArea: 61 Sq.mtrAge: before 190027 May 2020£205,000294.27%
12 Jun 1998£51,995First Sale
1 PROSPECT PLACETerraced, FreeholdArea: 60 Sq.mtrAge: 1900-192916 Mar 2020£180,00028.57%
23 Jan 2006£140,00080.65%
15 Dec 2000£77,50029.71%
04 Dec 1998£59,750171.59%
30 Jun 1998£22,000First Sale
3 PROSPECT PLACETerraced, FreeholdArea: 60 Sq.mtrAge: before 190031 Oct 2006£136,00043.16%
21 Oct 2005£95,000First Sale
4 PROSPECT PLACESemi-Detached, Freehold26 Nov 2003£134,500124.17%
04 Nov 1999£60,000First Sale

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

PROSPECT PLACE, ME1 3JJ Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £145,270 median price is £132,625 Standard Deviation is £82,631 with Total Sold: 576
    • The Last 5 Year average price is £250,215 with Total Sold: 113
    • 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 £96,459 median price is £95,000 Standard Deviation is £50,540 with Total Sold: 426
    • The Last 5 Year average price is £161,686 with Total Sold: 59
    • The most recent sale happened at this postcode is , 43 CORDELIA CRESCENT: £180,000 (Sold on 31 May 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 £185,263 median price is £173,500 Standard Deviation is £116,472 with Total Sold: 384
    • The Last 5 Year average price is £333,694 with Total Sold: 65
    • 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 £277,822 median price is £249,995 Standard Deviation is £165,921 with Total Sold: 217
    • The Last 5 Year average price is £492,561 with Total Sold: 33
    • The most recent sale happened at this postcode is , 46 MOUNT ROAD: £655,000 (Sold on 16 Feb 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 £458,320 median price is £197,750 Standard Deviation is £569,841 with Total Sold: 16
    • The Last 5 Year average price is £580,000 with Total Sold: 5
    • 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£246,778 £2,724 9
2023£268,483 £3,581 15
2022£273,104 £3,565 24
2021£235,958 £3,140 24
2020£230,895 £2,892 19
2019£246,432 £2,758 22
2018£219,125 £2,951 14
2017£232,318 £3,020 22
2016£213,088 £2,598 17
2015£204,435 £2,497 18
2014£155,149 £2,060 25
2013£137,444 £1,819 9
2012£150,958 £1,898 16
2011£136,900 £1,740 5
2010£111,625 £1,490 8
2009£136,142 £1,822 7
2008£132,200 £1,746 15
2007£149,452 £2,053 36
2006£143,659 £1,840 26
2005£137,711 £1,732 19
2004£117,696 £1,551 22
2003£108,724 £1,387 21
2002£93,423 £1,269 27
2001£73,506 £949 30
2000£64,355 £854 24
1999£59,934 £757 23
1998£49,338 £618 28
1997£46,265 £601 13
1996£40,414 £481 18
1995£45,512 £533 20
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£190,7504
2023£173,756 £2,859 8
2022£165,764 £2,748 11
2021£163,409 £3,190 11
2020£145,545 £2,726 11
2019£154,607 £2,895 14
2018£142,706 £2,377 17
2017£146,222 £2,667 18
2016£126,917 £2,208 15
2015£128,528 £2,314 18
2014£119,393 £1,992 14
2013£93,625 £1,891 8
2012£94,000 £1,672 9
2011£100,188 £1,631 8
2010£102,500 £1,828 2
2009£89,250 £1,498 10
2008£123,389 £2,070 9
2007£110,394 £2,048 19
2006£106,721 £1,820 27
2005£99,727 £1,831 13
2004£93,020 £1,644 24
2003£79,758 £1,498 27
2002£65,496 £1,176 20
2001£55,691 £1,014 17
2000£38,404 £663 21
1999£35,718 £607 27
1998£29,987 £556 20
1997£30,658 £549 11
1996£29,500 £487 7
1995£28,083 £510 6
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£512,500 £3,277 2
2023£326,433 £3,716 15
2022£443,481 £3,770 9
2021£312,600 £3,538 15
2020£317,487 £2,989 19
2019£211,200 £3,012 5
2018£272,583 £3,075 12
2017£300,950 £3,385 10
2016£268,200 £3,138 10
2015£242,667 £2,703 9
2014£199,636 £2,113 11
2013£198,920 £2,195 9
2012£191,083 £2,210 6
2011£189,636 £1,918 11
2010£195,000 £2,002 7
2009£201,105 £1,931 9
2008£174,042 £1,944 12
2007£217,095 £1,990 19
2006£174,441 £2,100 17
2005£168,942 £1,838 13
2004£176,771 £1,871 19
2003£158,342 £1,961 13
2002£129,611 £1,327 18
2001£108,176 £1,155 17
2000£100,615 £1,186 13
1999£88,062 £846 8
1998£71,673 £728 17
1997£67,478 £781 23
1996£57,522 £558 23
1995£64,673 £702 13
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£533,7502
2023£662,500 £6,471 2
2022£495,000 £4,102 6
2021£517,285 £3,635 7
2020£467,692 £2,953 13
2019£397,007 £3,728 3
2018£509,357 £3,669 7
2017£363,582 £2,920 6
2016£421,167 £3,183 9
2015£349,500 £2,313 4
2014£319,238 £2,503 4
2013£293,996 £2,646 13
2012£394,000 £3,019 6
2011£361,250 £2,329 4
2010£364,667 £2,683 3
2009£233,500 £2,312 5
2008£289,250 £2,035 4
2007£231,355 £2,125 9
2006£284,375 £2,173 8
2005£279,238 £2,414 7
2004£232,957 £1,895 10
2003£234,929 £2,145 7
2002£183,226 £1,419 11
2001£173,649 £1,416 10
2000£202,500 £905 4
1999£135,273 £1,129 11
1998£119,777 £709 9
1997£99,861 £627 18
1996£108,611 £787 9
1995£97,000 £878 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,317,500 £7,325 2
2021£95,500 £1,642 2
2019£74,0001
2018£375,750 £2,631 2
2017£478,232 £4,019 7
2016£134,9951
2014£199,000 £1,411 1

House Type in ME1 3JJ area

The most common house types in the ME1 3JJ postcode area are Terraced (42), Flat (32), and Detached (24).

Total123
Terraced42
Flat32
Detached24
Semi-detached24
Shared house1
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 (40), and Owned: Owns outright (38).

Owned: Owns with a mortgage or loan40
Owned: Owns outright38
Social rented: Other social rented30
Private rented: Private landlord or letting agency12
Social rented: Rents from council or Local Authority3
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the ME1 3JJ have 1 person in household (53), and 2 people in household (39).

1 person in household53
2 people in household39
3 people in household17
4 people in household7
5 people in household6
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0