Housing Market Analysis for MONKWOOD CLOSE, ME1 3LN

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £173,642 median price is £162,250 Standard Deviation is £81,416 with Total Sold: 14
    • The Last 5 Year average price is £278,750 with Total Sold: 2
    • The most recent sale happened at this postcode is 12 MONKWOOD CLOSE: £307,500 (Sold on 25 Nov 2020)
    • The first recorded sale happened at this postcode is 5 MONKWOOD CLOSE: £50,000 (Sold on 15 Oct 1996)
  • Flat
    • The average price is around £94,000 median price is £94,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 1C MONKWOOD CLOSE: £94,000 (Sold on 12 Mar 2015)
    • The first recorded sale happened at this postcode is 1C MONKWOOD CLOSE: £94,000 (Sold on 12 Mar 2015)
  • Terraced
    • The average price is around £79,750 median price is £79,750 Standard Deviation is £4,250 with Total Sold: 2
    • The most recent sale happened at this postcode is 1B MONKWOOD CLOSE: £75,500 (Sold on 22 Dec 2008)
    • The first recorded sale happened at this postcode is 1B MONKWOOD CLOSE: £84,000 (Sold on 25 Apr 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average ME1 3LN 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
2020£307,500 £3,379 1
2019£250,000 £2,809 1
2018£277,500 £3,172 2
2014£203,750 £2,342 2
2007£171,000 £1,957 1
2006£150,750 £1,684 2
2002£132,9982
1999£66,000 £755 1
1998£56,5001
1996£50,000 £568 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£94,000 £2,293 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2008£75,500 £1,798 1
2006£84,000 £2,000 1

All the Sales in the MONKWOOD CLOSE, ME1 3LN

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

AddressSold DatePrice% Change
12 MONKWOOD CLOSESemi-Detached, FreeholdArea: 91 Sq.mtrAge: 1967-197525 Nov 2020£307,500100.33%
26 May 2006£153,500First Sale
4 MONKWOOD CLOSESemi-Detached, FreeholdArea: 89 Sq.mtrAge: 1967-197530 Jan 2019£250,000First Sale
11 MONKWOOD CLOSESemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1967-197524 Apr 2018£285,000First Sale
3 MONKWOOD CLOSESemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1976-198206 Apr 2018£270,00082.43%
29 Aug 2006£148,000First Sale
1C MONKWOOD CLOSEFlat, LeaseholdArea: 41 Sq.mtrAge: 1983-199012 Mar 2015£94,000First Sale
5 MONKWOOD CLOSESemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1976-198227 Nov 2014£205,000310.00%
15 Oct 1996£50,000First Sale
6 MONKWOOD CLOSESemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1967-197501 Jul 2014£202,500First Sale
1B MONKWOOD CLOSETerraced, LeaseholdArea: 42 Sq.mtrAge: 1983-199022 Dec 2008£75,500-10.12%
25 Apr 2006£84,000First Sale
10 MONKWOOD CLOSESemi-Detached, FreeholdArea: 87.38 Sq.mtrAge: 1967-197509 Mar 2007£171,000159.09%
29 Mar 1999£66,000First Sale
9 MONKWOOD CLOSESemi-Detached, Freehold06 Dec 2002£150,000First Sale
2 MONKWOOD CLOSESemi-Detached, Freehold03 May 2002£115,995First Sale
7 MONKWOOD CLOSESemi-Detached, Freehold15 Dec 1998£56,500First Sale

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

MONKWOOD CLOSE, ME1 3LN Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £168,390 median price is £153,750 Standard Deviation is £88,789 with Total Sold: 514
    • The Last 5 Year average price is £291,391 with Total Sold: 91
    • The most recent sale happened at this postcode is , 77 THE FAIRWAY: £400,000 (Sold on 08 Aug 2024)
    • The first recorded sale happened at this postcode is , 1 KENT CLOSE: £70,000 (Sold on 27 Jan 1995)
  • Terraced
    • The average price is around £153,290 median price is £140,000 Standard Deviation is £84,468 with Total Sold: 537
    • The Last 5 Year average price is £279,337 with Total Sold: 99
    • The most recent sale happened at this postcode is , 111 ARETHUSA ROAD: £214,661 (Sold on 23 Jul 2024)
    • The first recorded sale happened at this postcode is , 477 MAIDSTONE ROAD: £49,500 (Sold on 13 Jan 1995)
  • Flat
    • The average price is around £93,855 median price is £89,000 Standard Deviation is £46,589 with Total Sold: 99
    • The Last 5 Year average price is £152,183 with Total Sold: 15
    • The most recent sale happened at this postcode is FLAT 7, RICHARD HOWE HOUSE PALM DRIVE: £83,250 (Sold on 26 Mar 2024)
    • The first recorded sale happened at this postcode is FLAT 4, TADLEY COURT BINNACLE ROAD: £33,000 (Sold on 30 Jun 1995)
  • Other
    • The average price is around £816,965 median price is £562,000 Standard Deviation is £969,662 with Total Sold: 20
    • The Last 5 Year average price is £722,625 with Total Sold: 14
    • The most recent sale happened at this postcode is , 70A THE FAIRWAY: £67,500 (Sold on 18 Apr 2023)
    • The first recorded sale happened at this postcode is , 70A THE FAIRWAY: £105,000 (Sold on 03 Jul 2015)
  • Detached
    • The average price is around £210,833 median price is £205,000 Standard Deviation is £84,089 with Total Sold: 13
    • The Last 5 Year average price is £402,500 with Total Sold: 1
    • The most recent sale happened at this postcode is , 73 SIR EVELYN ROAD: £402,500 (Sold on 07 Oct 2020)
    • The first recorded sale happened at this postcode is , UPPER DELCE FARM MAIDSTONE ROAD: £99,333 (Sold on 31 Mar 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£333,8005
2023£314,455 £3,758 11
2022£316,167 £4,068 12
2021£297,614 £3,593 27
2020£272,055 £3,338 18
2019£259,000 £3,223 18
2018£267,225 £3,220 20
2017£277,500 £3,445 19
2016£221,562 £2,945 16
2015£203,302 £2,586 23
2014£188,500 £2,443 22
2013£154,857 £1,912 14
2012£145,885 £1,879 13
2011£150,353 £1,855 13
2010£164,056 £1,772 9
2009£140,038 £2,029 13
2008£162,136 £1,914 11
2007£171,124 £2,145 20
2006£158,773 £1,692 22
2005£139,239 £1,762 15
2004£137,250 £1,620 16
2003£130,625 £1,660 24
2002£118,521 £1,293 24
2001£93,617 £1,055 23
2000£78,692 £941 13
1999£70,691 £799 18
1998£58,672 £753 20
1997£65,118 £658 27
1996£48,429 £590 14
1995£50,950 £639 14
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£305,777 £3,924 6
2023£308,133 £3,878 15
2022£291,525 £3,781 20
2021£266,305 £3,096 27
2020£268,466 £3,124 15
2019£259,375 £3,274 16
2018£241,452 £3,180 21
2017£229,000 £2,933 15
2016£215,850 £2,747 17
2015£174,710 £2,400 19
2014£171,979 £2,161 19
2013£153,107 £1,843 14
2012£138,583 £1,789 15
2011£133,214 £1,908 7
2010£137,750 £1,936 14
2009£133,692 £1,709 13
2008£139,385 £1,758 13
2007£146,572 £1,911 26
2006£146,289 £2,004 19
2005£135,244 £1,851 20
2004£121,672 £1,690 29
2003£113,883 £1,506 24
2002£89,749 £1,231 26
2001£74,374 £1,004 31
2000£69,260 £847 22
1999£58,900 £755 18
1998£51,607 £741 14
1997£42,100 £550 15
1996£43,171 £606 14
1995£40,669 £529 13
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£83,2501
2023£103,750 £2,477 2
2022£184,400 £2,961 5
2021£153,500 £2,804 5
2019£151,250 £2,109 2
2018£172,500 £2,484 2
2017£149,500 £2,582 4
2016£137,500 £2,301 6
2015£89,050 £2,311 5
2014£97,800 £1,867 5
2013£97,000 £2,280 2
2012£76,500 £2,081 2
2011£70,833 £1,846 3
2010£87,000 £1,475 1
2009£85,000 £2,656 1
2008£131,667 £2,490 3
2007£100,750 £2,024 4
2006£87,250 £1,908 6
2005£91,650 £2,102 3
2004£74,000 £1,711 3
2003£81,187 £1,658 8
2002£66,313 £1,586 7
2001£51,248 £837 2
2000£33,200 £721 5
1999£32,332 £560 3
1998£32,000 £643 2
1997£22,000 £440 1
1996£32,000 £727 1
1995£31,900 £872 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£67,5001
2021£1,5001
2020£254,6673
2019£1,031,5289
2017£1,104,5143
2016£1,402,000 £4,500 2
2015£105,000 £1,361 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£402,500 £3,272 1
2018£342,500 £3,764 1
2015£240,000 £3,158 1
2014£205,000 £2,808 1
2011£210,000 £2,263 1
2010£192,500 £2,115 1
2007£200,000 £2,693 2
2001£177,000 £1,264 2
1997£147,500 £651 2
1995£99,3331

House Type in ME1 3LN area

The most common house types in the ME1 3LN postcode area are Semi-detached (89), Terraced (9), and Detached (3).

Total104
Semi-detached89
Terraced9
Detached3
Flat3
Shared house0
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 (46), and Owned: Owns outright (36).

Owned: Owns with a mortgage or loan46
Owned: Owns outright36
Social rented: Other social rented10
Private rented: Private landlord or letting agency6
Shared ownership: Shared ownership4
Social rented: Rents from council or Local Authority2
Does not apply0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the ME1 3LN have 2 people in household (35), and 1 person in household (22).

2 people in household35
1 person in household22
4 people in household18
3 people in household17
5 people in household11
8 or more people in household1
0 people in household0
6 people in household0
7 people in household0