Housing Market Analysis for ELMTREE DRIVE, ME1 3NL

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £133,750 median price is £133,750 Standard Deviation is £13,750 with Total Sold: 2
    • The Last 5 Year average price is £133,750 with Total Sold: 2
    • The most recent sale happened at this postcode is 6 ELMTREE DRIVE: £147,500 (Sold on 06 Sep 2019)
    • The first recorded sale happened at this postcode is 9 ELMTREE DRIVE: £120,000 (Sold on 15 Aug 2019)
  • Semi-Detached
    • The average price is around £281,000 median price is £281,000 Standard Deviation is £131,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 5 ELMTREE DRIVE: £412,000 (Sold on 08 Dec 2017)
    • The first recorded sale happened at this postcode is 3 ELMTREE DRIVE: £150,000 (Sold on 04 Oct 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average ME1 3NL 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
2019£133,750 £1,423 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£412,000 £3,323 1
2001£150,0001

All the Sales in the ELMTREE DRIVE, ME1 3NL

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

AddressSold DatePrice% Change
6 ELMTREE DRIVETerraced, LeaseholdArea: 91 Sq.mtr06 Sep 2019£147,500First Sale
9 ELMTREE DRIVETerraced, LeaseholdArea: 98 Sq.mtr15 Aug 2019£120,000First Sale
5 ELMTREE DRIVESemi-Detached, FreeholdArea: 124 Sq.mtrAge: 1967-197508 Dec 2017£412,000First Sale
3 ELMTREE DRIVESemi-Detached, Freehold04 Oct 2001£150,000First Sale

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

ELMTREE DRIVE, ME1 3NL Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £147,053 median price is £135,000 Standard Deviation is £82,612 with Total Sold: 594
    • The Last 5 Year average price is £250,812 with Total Sold: 116
    • 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 £95,809 median price is £92,500 Standard Deviation is £50,492 with Total Sold: 447
    • The Last 5 Year average price is £160,484 with Total Sold: 64
    • 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 £191,312 median price is £176,500 Standard Deviation is £114,022 with Total Sold: 445
    • The Last 5 Year average price is £335,228 with Total Sold: 77
    • 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 £290,788 median price is £250,000 Standard Deviation is £181,903 with Total Sold: 222
    • The Last 5 Year average price is £531,992 with Total Sold: 31
    • 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 £333,317 median price is £139,000 Standard Deviation is £562,421 with Total Sold: 13
    • 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£240,111 £3,185 27
2020£230,895 £2,892 19
2019£246,432 £2,758 22
2018£219,125 £2,951 14
2017£234,826 £3,040 23
2016£213,088 £2,598 17
2015£206,242 £2,517 20
2014£157,336 £2,075 26
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£137,188 £1,746 16
2007£153,257 £2,080 38
2006£147,004 £1,932 33
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£75,037 £945 32
2000£64,355 £854 24
1999£59,934 £757 23
1998£48,925 £633 27
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£172,905 £2,917 10
2022£158,915 £2,645 13
2021£163,409 £3,190 11
2020£145,917 £2,711 12
2019£154,607 £2,895 14
2018£142,706 £2,377 17
2017£146,684 £2,690 19
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£100,741 £1,746 31
2005£99,727 £1,831 13
2004£91,060 £1,644 25
2003£79,410 £1,496 31
2002£63,496 £1,137 22
2001£54,052 £1,017 19
2000£38,747 £681 22
1999£35,924 £615 28
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£467,000 £3,277 3
2023£326,062 £3,917 16
2022£429,278 £3,917 12
2021£318,933 £3,726 15
2020£316,774 £3,079 21
2019£260,700 £3,221 10
2018£287,821 £3,246 14
2017£284,208 £3,389 12
2016£269,357 £3,073 14
2015£241,647 £2,845 17
2014£212,188 £2,249 16
2013£204,222 £2,262 8
2012£193,750 £2,233 6
2011£194,600 £1,971 10
2010£195,000 £2,020 8
2009£198,294 £1,944 10
2008£178,107 £2,127 14
2007£218,200 £2,048 19
2006£170,979 £2,006 24
2005£172,236 £1,880 18
2004£176,018 £1,897 24
2003£161,216 £1,929 16
2002£128,574 £1,385 20
2001£107,706 £1,153 17
2000£99,115 £1,147 13
1999£79,600 £921 10
1998£75,621 £786 16
1997£69,869 £776 23
1996£59,062 £605 24
1995£63,583 £702 15
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£533,7502
2023£662,500 £6,471 2
2022£458,750 £3,805 7
2021£624,332 £3,776 6
2020£483,818 £3,182 11
2019£606,667 £4,342 3
2018£509,438 £3,693 8
2017£363,582 £2,920 6
2016£421,167 £3,183 9
2015£349,500 £2,313 4
2014£311,390 £2,521 5
2013£314,782 £2,705 14
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£340,500 £1,815 4
2007£281,108 £2,125 11
2006£292,222 £2,173 9
2005£279,238 £2,414 7
2004£264,129 £2,146 7
2003£236,688 £2,145 8
2002£208,749 £1,471 10
2001£183,772 £1,416 11
2000£211,667 £1,163 6
1999£142,692 £1,157 13
1998£119,777 £709 9
1997£105,844 £660 16
1996£121,450 £871 10
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£86,906 £82 4
2016£134,9951
2014£199,000 £1,411 1

House Type in ME1 3NL area

The most common house types in the ME1 3NL postcode area are Terraced (94), Detached (24), and Semi-detached (23).

Total143
Terraced94
Detached24
Semi-detached23
Flat2
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 (67), and Owned: Owns outright (47).

Owned: Owns with a mortgage or loan67
Owned: Owns outright47
Private rented: Private landlord or letting agency16
Social rented: Other social rented6
Shared ownership: Shared ownership4
Private rented: Other private rented3
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the ME1 3NL have 2 people in household (52), and 3 people in household (32).

2 people in household52
3 people in household32
1 person in household28
4 people in household25
5 people in household6
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0