Housing Market Analysis for THE LAKES, ME20 6GB

Are you looking to understand ME20 6GB 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 Tonbridge and Malling postcode.

For the location information and nearby amenities in the ME20 6GB area, explore the ME20 6GB Area information page.
For comprehensive crime statistics in the ME20 6GB area, explore the ME20 6GB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME20 6GB postcode area, The average prices are as follows,

Flat
- The average price is around £180,376 median price is £169,250 Standard Deviation is £34,005 with Total Sold: 36
- The Last 5 Year average price is £232,108 with Total Sold: 6
- The most recent sale happened at this postcode is FLAT 12, 7 THE LAKES: £270,150 (Sold on 14 Nov 2022)
- The first recorded sale happened at this postcode is FLAT 7, 7 THE LAKES: £227,500 (Sold on 03 Jun 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average ME20 6GB 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£270,150	£3,973	1
2021	£225,000	£3,629	1
2020	£220,000	£3,385	1
2019	£225,000	£3,214	2
2018	£225,000	£3,629	1
2017	£230,000	£3,179	2
2016	£220,000	£3,143	1
2015	£180,000	£2,400	2
2011	£162,000	£2,493	1
2010	£173,000	£2,634	2
2009	£165,000	£2,200	1
2008	£191,000	£2,729	1
2006	£173,500	£2,688	3
2005	£167,500	£2,561	4
2004	£164,950	£2,507	2
2003	£159,950	£2,352	1
2002	£143,502	£2,095	9
2024	£227,500		1

All the Sales in the THE LAKES, ME20 6GB

See the table below for more details on the sold house prices in the ME20 6GB, Tonbridge and Malling postcode.

Address	Sold Date	Price	% Change
FLAT 12, 7 THE LAKESFlat, LeaseholdArea: 68 Sq.mtrAge: 2003-2006	14 Nov 2022	£270,150	86.31%
	31 May 2002	£145,000	First Sale
FLAT 7, 7 THE LAKESFlat, LeaseholdArea: 62 Sq.mtrAge: 1996-2002	24 Nov 2021	£225,000	0.0
	16 Mar 2018	£225,000	37.20%
	18 Aug 2005	£164,000	17.18%
	15 May 2002	£139,950	-38.48%
	03 Jun 2024	£227,500	First Sale
FLAT 4, 7 THE LAKESFlat, LeaseholdArea: 64.99 Sq.mtrAge: 2003-2006	05 May 2020	£220,000	35.80%
	24 Oct 2011	£162,000	-12.43%
	27 Jul 2006	£185,000	33.09%
	19 Jun 2002	£139,000	First Sale
FLAT 8, 7 THE LAKESFlat, LeaseholdArea: 70 Sq.mtrAge: 1996-2002	20 Sep 2019	£225,000	-4.26%
	18 Jul 2017	£235,000	23.04%
	22 Jul 2008	£191,000	35.46%
	07 May 2002	£141,000	First Sale
FLAT 9, 7 THE LAKESFlat, LeaseholdArea: 70 Sq.mtrAge: 1996-2002	11 Jul 2019	£225,000	2.27%
	18 Oct 2016	£220,000	44.20%
	29 Apr 2002	£152,570	First Sale
FLAT 5, 7 THE LAKESFlat, LeaseholdArea: 75 Sq.mtrAge: 1996-2002	28 Jul 2017	£225,000	25.00%
	15 May 2015	£180,000	0.0
	24 Apr 2015	£180,000	9.09%
	19 Jun 2009	£165,000	20.88%
	23 May 2002	£136,500	First Sale
FLAT 2, 7 THE LAKESFlat, LeaseholdArea: 65.35 Sq.mtrAge: 2003-2006	16 Jul 2010	£173,500	6.44%
	19 Sep 2005	£163,000	-1.18%
	28 May 2004	£164,950	First Sale
FLAT 10, 7 THE LAKESFlat, LeaseholdArea: 66 Sq.mtrAge: 1996-2002	19 Mar 2010	£172,500	3.29%
	04 May 2006	£167,000	19.29%
	12 Jun 2002	£140,000	First Sale
FLAT 6, 7 THE LAKESFlat, Leasehold	26 Oct 2006	£168,500	16.21%
FLAT 6, 7 THE LAKESFlat, Leasehold	11 Nov 2002	£145,000	First Sale
FLAT 1, 7 THE LAKESFlat, LeaseholdArea: 68 Sq.mtrAge: 2003-2006	25 Aug 2005	£173,000	8.16%
	17 Apr 2003	£159,950	First Sale
FLAT 11, 7 THE LAKESFlat, Leasehold	13 May 2005	£170,000	11.48%
FLAT 11, 7 THE LAKESFlat, Leasehold	14 Jun 2002	£152,500	First Sale
FLAT 3, 7 THE LAKESFlat, LeaseholdArea: 66.27 Sq.mtrAge: 2003-2006	08 Jun 2004	£164,950	First Sale

Check out the sold house prices near the ME20 6GB postcode. Properties currently for saleProperties currently for rent

THE LAKES, ME20 6GB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME20 6GB 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 ME20 6GB postcode.

Semi-Detached
- The average price is around £210,013 median price is £210,000 Standard Deviation is £103,560 with Total Sold: 350
- The Last 5 Year average price is £345,400 with Total Sold: 50
- The most recent sale happened at this postcode is , 46 ALBION DRIVE: £460,000 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is , 12 MARSH WAY: £68,000 (Sold on 27 Jan 1995)
Terraced
- The average price is around £220,456 median price is £230,000 Standard Deviation is £88,228 with Total Sold: 762
- The Last 5 Year average price is £318,212 with Total Sold: 125
- The most recent sale happened at this postcode is , 26 BATES CLOSE: £282,500 (Sold on 21 Aug 2024)
- The first recorded sale happened at this postcode is , 6 MASEFIELD ROAD: £62,500 (Sold on 31 Jan 1995)
Flat
- The average price is around £182,086 median price is £178,995 Standard Deviation is £47,010 with Total Sold: 703
- The Last 5 Year average price is £210,972 with Total Sold: 123
- The most recent sale happened at this postcode is , 144 THE LAKES: £275,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 3 MASEFIELD ROAD: £26,800 (Sold on 31 Jan 1995)
Detached
- The average price is around £332,767 median price is £336,625 Standard Deviation is £134,224 with Total Sold: 408
- The Last 5 Year average price is £509,218 with Total Sold: 55
- The most recent sale happened at this postcode is , 1 MACAULAY CLOSE: £530,000 (Sold on 03 May 2024)
- The first recorded sale happened at this postcode is , 17 MACAULAY CLOSE: £110,000 (Sold on 10 Feb 1995)
Other
- The average price is around £2,797,013 median price is £363,000 Standard Deviation is £4,710,232 with Total Sold: 9
- The Last 5 Year average price is £133,750 with Total Sold: 4
- The most recent sale happened at this postcode is , 15 RIVER WAY: £5,000 (Sold on 22 Dec 2023)
- The first recorded sale happened at this postcode is , 356 NEW HYTHE LANE: £125,000 (Sold on 13 Nov 2013)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£331,000		5
2023	£374,833	£4,818	9
2022	£394,500	£4,546	4
2021	£341,429	£3,983	14
2020	£352,389	£3,909	9
2019	£301,333	£3,952	9
2018	£332,400	£3,651	5
2017	£284,857	£3,642	14
2016	£312,125	£3,363	4
2015	£262,972	£2,894	9
2014	£284,187	£3,036	26
2013	£228,499	£2,624	10
2012	£213,600	£2,275	15
2011	£219,428	£2,270	14
2010	£195,177	£2,214	12
2009	£177,500	£2,148	4
2008	£263,186	£2,626	8
2007	£227,367	£2,556	19
2006	£223,188	£2,248	16
2005	£208,079	£2,039	12
2004	£204,450	£2,276	25
2003	£169,039	£2,090	12
2002	£131,141	£1,975	7
2001	£106,941	£1,267	23
2000	£112,306	£1,302	8
1999	£77,871	£937	12
1998	£75,916	£872	15
1997	£70,865	£819	13
1996	£64,875	£782	6
1995	£61,318	£725	11

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£317,300		5
2023	£352,238	£3,904	21
2022	£372,417	£4,187	18
2021	£299,419	£3,900	37
2020	£302,469	£3,851	16
2019	£291,839	£3,330	28
2018	£295,111	£3,444	18
2017	£266,333	£3,403	27
2016	£289,779	£3,358	34
2015	£262,833	£2,809	27
2014	£228,864	£2,655	30
2013	£194,338	£2,433	28
2012	£197,206	£2,390	17
2011	£191,150	£2,519	10
2010	£192,263	£2,453	19
2009	£182,233	£2,347	15
2008	£223,748	£2,305	20
2007	£243,397	£2,554	81
2006	£201,435	£2,503	32
2005	£209,726	£2,476	48
2004	£232,190	£2,393	45
2003	£185,595	£2,061	48
2002	£178,454	£1,954	50
2001	£93,784	£1,540	21
2000	£78,286	£1,243	7
1999	£71,416	£1,173	12
1998	£66,954	£996	11
1997	£48,450	£658	10
1996	£42,644	£654	19
1995	£51,594	£824	8

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£229,786	£3,157	7
2023	£226,188	£3,458	20
2022	£220,577	£3,353	27
2021	£195,355	£3,132	28
2020	£203,486	£3,095	17
2019	£205,521	£3,061	24
2018	£217,000	£3,238	16
2017	£186,962	£2,815	41
2016	£189,830	£2,910	28
2015	£184,914	£2,652	29
2014	£181,409	£2,633	39
2013	£151,500	£2,322	12
2012	£158,130	£2,260	13
2011	£156,625	£2,236	16
2010	£151,250	£2,165	10
2009	£143,531	£2,040	8
2008	£183,689	£2,621	58
2007	£179,498	£2,854	116
2006	£194,865	£2,304	32
2005	£202,845	£2,486	30
2004	£177,448	£2,611	35
2003	£157,053	£2,276	47
2002	£144,002	£2,126	46
1997	£36,000		1
1995	£25,767		3

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£541,875	£4,666	4
2023	£488,188	£4,603	8
2022	£592,778	£4,243	9
2021	£477,855	£4,144	14
2020	£503,583	£3,767	12
2019	£483,250	£3,507	8
2018	£435,881	£3,993	8
2017	£460,236	£3,635	18
2016	£462,250	£3,608	10
2015	£394,029	£3,479	17
2014	£345,650	£3,068	23
2013	£298,961	£2,645	13
2012	£291,312	£2,567	8
2011	£308,929	£2,690	7
2010	£346,666	£2,416	12
2009	£298,748	£2,328	4
2008	£376,111	£2,618	9
2007	£323,188	£2,663	25
2006	£323,765	£2,443	22
2005	£345,077	£2,615	20
2004	£352,371	£2,557	33
2003	£322,178	£2,333	39
2002	£235,115	£2,056	20
2001	£177,995	£1,529	10
2000	£151,955	£1,293	11
1999	£123,875	£1,094	4
1998	£122,500	£1,181	14
1997	£116,691	£1,041	12
1996	£109,833	£923	6
1995	£109,938	£876	8

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£172,500	£877	3
2022	£17,500		1
2018	£363,000	£3,129	1
2015	£10,741,153		1
2014	£6,704,481		2
2013	£125,000	£1,866	1

House Type in ME20 6GB area

The most common house types in the ME20 6GB postcode area are Flat (57), Terraced (54), and Detached (18).

Total	135
Flat	57
Terraced	54
Detached	18
Semi-detached	6
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (55), and Owned: Owns outright (40).

Owned: Owns with a mortgage or loan	55
Owned: Owns outright	40
Private rented: Private landlord or letting agency	36
Social rented: Other social rented	4
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the ME20 6GB have 1 person in household (47), and 2 people in household (47).

1 person in household	47
2 people in household	47
4 people in household	21
3 people in household	17
5 people in household	3
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0