Housing Market Analysis for VICTORIA TERRACE, ME1 3US

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £236,045 median price is £243,000 Standard Deviation is £77,563 with Total Sold: 11
    • The Last 5 Year average price is £310,000 with Total Sold: 4
    • The most recent sale happened at this postcode is 9 VICTORIA TERRACE: £310,000 (Sold on 10 Mar 2023)
    • The first recorded sale happened at this postcode is 15 VICTORIA TERRACE: £55,000 (Sold on 06 Dec 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average ME1 3US 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£310,000 £2,897 1
2021£302,500 £3,377 2
2020£325,000 £2,664 1
2017£265,000 £3,841 1
2016£243,000 £2,337 1
2015£238,500 £1,955 1
2014£220,000 £3,188 1
2006£167,500 £1,449 2
1995£55,000 £451 1

All the Sales in the VICTORIA TERRACE, ME1 3US

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

AddressSold DatePrice% Change
9 VICTORIA TERRACETerraced, FreeholdArea: 107 Sq.mtrAge: 1976-198210 Mar 2023£310,000First Sale
5 VICTORIA TERRACETerraced, FreeholdArea: 69 Sq.mtrAge: 1950-196604 Jun 2021£285,0007.55%
15 Dec 2017£265,00020.45%
15 May 2014£220,000First Sale
15 VICTORIA TERRACETerraced, FreeholdArea: 122 Sq.mtrAge: 1967-197530 Apr 2021£320,000-1.54%
28 Aug 2020£325,00036.27%
31 Jul 2015£238,50045.43%
10 Apr 2006£164,000198.18%
06 Dec 1995£55,000First Sale
7 VICTORIA TERRACETerraced, FreeholdArea: 104 Sq.mtrAge: 1967-197507 Apr 2016£243,000First Sale
17 VICTORIA TERRACETerraced, FreeholdArea: 110 Sq.mtrAge: 1967-197513 Oct 2006£171,000First Sale

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

VICTORIA TERRACE, ME1 3US Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £145,470 median price is £132,750 Standard Deviation is £82,564 with Total Sold: 575
    • 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 £95,697 median price is £93,500 Standard Deviation is £51,481 with Total Sold: 376
    • The Last 5 Year average price is £161,968 with Total Sold: 48
    • 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 £182,741 median price is £173,500 Standard Deviation is £106,300 with Total Sold: 380
    • The Last 5 Year average price is £322,111 with Total Sold: 64
    • 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 £260,012 median price is £245,000 Standard Deviation is £150,506 with Total Sold: 195
    • The Last 5 Year average price is £477,533 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 £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£61,272 £764 22
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£174,007 £2,668 7
2022£160,378 £2,628 9
2021£167,188 £3,119 8
2020£145,100 £2,641 10
2019£156,150 £2,628 10
2018£140,625 £2,430 16
2017£146,222 £2,667 18
2016£125,268 £2,272 14
2015£131,094 £2,320 16
2014£122,292 £1,970 12
2013£95,286 £1,889 7
2012£93,875 £1,623 8
2011£100,188 £1,631 8
2010£102,500 £1,828 2
2009£89,722 £1,498 9
2008£123,389 £2,070 9
2007£110,029 £1,992 17
2006£105,847 £1,811 23
2005£100,550 £1,747 10
2004£94,704 £1,624 22
2003£79,317 £1,450 22
2002£61,932 £1,108 16
2001£53,437 £972 12
2000£38,404 £663 21
1999£35,369 £572 25
1998£29,354 £534 19
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£512,500 £3,277 2
2023£326,433 £3,716 15
2022£364,542 £3,602 8
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£201,933 £1,956 18
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£132,264 £1,387 17
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£57,863 £571 22
1995£64,673 £702 13
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£533,7502
2023£425,000 £6,420 1
2022£495,000 £4,102 6
2021£511,666 £3,469 6
2020£467,692 £2,953 13
2019£397,007 £3,728 3
2018£428,100 £3,449 5
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£263,662 £2,440 12
2012£296,500 £3,052 4
2011£210,000 £1,645 2
2010£297,000 £2,492 2
2009£233,500 £2,312 5
2008£289,250 £2,035 4
2007£231,355 £2,125 9
2006£249,167 £2,114 6
2005£279,238 £2,414 7
2004£217,174 £1,795 9
2003£234,929 £2,145 7
2002£163,849 £1,246 10
2001£137,936 £1,214 8
2000£165,000 £905 3
1999£121,800 £1,129 10
1998£111,437 £628 8
1997£100,235 £627 17
1996£98,438 £787 8
1995£90,800 £1,015 5
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 3US area

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