Housing Market Analysis for MERCURY CLOSE, ME1 3QQ

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £240,000 median price is £240,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £240,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 28 MERCURY CLOSE: £240,000 (Sold on 17 Oct 2019)
    • The first recorded sale happened at this postcode is 28 MERCURY CLOSE: £240,000 (Sold on 17 Oct 2019)

Sold Price Trend Over the Years:

Below table and chart gives the average ME1 3QQ 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£240,000 £2,577 1

All the Sales in the MERCURY CLOSE, ME1 3QQ

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

AddressSold DatePrice% Change
28 MERCURY CLOSETerraced, FreeholdArea: 93.12 Sq.mtrAge: 1983-199017 Oct 2019£240,000First Sale

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

MERCURY CLOSE, ME1 3QQ Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £158,688 median price is £145,000 Standard Deviation is £88,754 with Total Sold: 697
    • The Last 5 Year average price is £263,399 with Total Sold: 121
    • 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 £120,675 median price is £117,500 Standard Deviation is £56,254 with Total Sold: 734
    • The Last 5 Year average price is £188,799 with Total Sold: 85
    • The most recent sale happened at this postcode is , 7 HARRIET DRIVE: £222,000 (Sold on 17 Jun 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 £210,320 median price is £185,000 Standard Deviation is £134,608 with Total Sold: 457
    • The Last 5 Year average price is £353,080 with Total Sold: 70
    • 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 £322,849 median price is £269,975 Standard Deviation is £211,942 with Total Sold: 304
    • The Last 5 Year average price is £599,000 with Total Sold: 42
    • The most recent sale happened at this postcode is , 110 BORSTAL ROAD: £600,000 (Sold on 23 May 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 £405,541 median price is £196,500 Standard Deviation is £556,894 with Total Sold: 15
    • 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£262,100 £2,724 10
2023£285,426 £3,572 17
2022£283,635 £3,552 26
2021£241,667 £3,061 24
2020£258,190 £2,928 21
2019£252,239 £2,779 23
2018£242,517 £2,908 15
2017£238,739 £3,036 23
2016£225,658 £2,631 19
2015£217,992 £2,514 20
2014£165,142 £2,067 27
2013£145,750 £1,797 10
2012£169,017 £1,879 20
2011£194,333 £1,985 9
2010£149,222 £1,612 9
2009£168,166 £1,805 12
2008£132,200 £1,746 15
2007£162,409 £2,101 41
2006£160,098 £1,850 32
2005£170,423 £1,835 26
2004£154,369 £1,646 32
2003£116,095 £1,402 23
2002£117,955 £1,343 35
2001£110,076 £1,084 48
2000£91,669 £1,060 38
1999£96,325 £981 42
1998£49,338 £618 28
1997£52,103 £614 14
1996£43,525 £455 18
1995£45,512 £533 20
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£197,0005
2023£194,712 £3,125 12
2022£194,272 £3,267 18
2021£201,583 £3,228 18
2020£168,031 £2,725 16
2019£182,031 £2,813 16
2018£162,714 £2,638 21
2017£170,360 £2,773 25
2016£152,417 £2,572 21
2015£145,022 £2,587 23
2014£142,487 £2,295 28
2013£131,786 £1,998 14
2012£106,875 £1,829 12
2011£114,192 £1,960 13
2010£125,988 £2,294 8
2009£110,000 £1,670 13
2008£130,333 £2,185 15
2007£142,406 £2,356 32
2006£137,451 £2,160 52
2005£125,703 £1,961 16
2004£126,091 £2,005 43
2003£103,301 £1,847 43
2002£109,550 £1,700 69
2001£98,134 £1,607 60
2000£83,294 £1,264 65
1999£47,588 £834 36
1998£29,027 £526 18
1997£30,074 £509 10
1996£29,500 £487 7
1995£27,500 £469 5
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£467,000 £3,277 3
2023£371,321 £3,917 14
2022£449,910 £3,689 13
2021£320,933 £3,671 15
2020£320,908 £3,066 19
2019£226,000 £3,195 6
2018£350,500 £3,212 16
2017£339,125 £3,325 12
2016£268,500 £3,137 12
2015£288,467 £2,790 15
2014£267,000 £2,249 18
2013£252,928 £2,276 10
2012£193,750 £2,233 6
2011£211,917 £1,928 12
2010£204,500 £2,119 10
2009£229,829 £1,950 12
2008£197,136 £1,962 11
2007£242,990 £2,030 20
2006£181,905 £2,090 21
2005£195,160 £1,906 20
2004£187,632 £1,947 26
2003£191,077 £1,835 15
2002£141,204 £1,564 22
2001£147,000 £1,218 26
2000£128,172 £1,236 20
1999£118,589 £1,034 14
1998£79,496 £823 15
1997£70,856 £770 21
1996£58,473 £585 19
1995£63,625 £702 14
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£627,5002
2023£858,333 £6,522 3
2022£606,455 £4,131 11
2021£639,400 £4,174 10
2020£506,000 £3,144 12
2019£547,755 £3,981 4
2018£509,438 £3,693 8
2017£405,812 £3,181 8
2016£413,050 £3,173 10
2015£369,778 £2,806 9
2014£543,312 £2,629 8
2013£396,059 £2,630 16
2012£462,714 £2,932 7
2011£396,125 £2,391 8
2010£405,857 £2,860 7
2009£342,500 £2,311 11
2008£359,492 £1,972 6
2007£318,630 £2,125 13
2006£302,000 £2,173 10
2005£274,417 £2,409 10
2004£247,505 £2,118 13
2003£236,688 £2,145 8
2002£212,499 £1,718 17
2001£190,166 £1,452 15
2000£194,841 £1,432 16
1999£151,996 £1,348 19
1998£119,777 £709 9
1997£105,844 £660 16
1996£126,682 £990 11
1995£99,714 £878 7
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£269,525 £82 5
2016£442,498 £3,219 2
2014£199,000 £1,411 1

House Type in ME1 3QQ area

The most common house types in the ME1 3QQ postcode area are Flat (80), Terraced (33), and Semi-detached (26).

Total147
Flat80
Terraced33
Semi-detached26
Detached5
converted building2
Shared house1
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (81), and Owned: Owns outright (21).

Social rented: Other social rented81
Owned: Owns outright21
Social rented: Rents from council or Local Authority16
Private rented: Private landlord or letting agency13
Owned: Owns with a mortgage or loan11
Private rented: Other private rented3
Lives rent free2
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the ME1 3QQ have 2 people in household (45), and 3 people in household (38).

2 people in household45
3 people in household38
1 person in household35
4 people in household21
5 people in household8
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0