Housing Market Analysis for LAMBARDE CLOSE, ME2 1DE

Are you looking to understand ME2 1DE 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 ME2 1DE area, explore the ME2 1DE Area information page.
For comprehensive crime statistics in the ME2 1DE area, explore the ME2 1DE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME2 1DE postcode area, The average prices are as follows,

Terraced
- The average price is around £167,886 median price is £122,000 Standard Deviation is £109,023 with Total Sold: 11
- The Last 5 Year average price is £338,750 with Total Sold: 2
- The most recent sale happened at this postcode is 4 LAMBARDE CLOSE: £332,500 (Sold on 24 Sep 2021)
- The first recorded sale happened at this postcode is 4 LAMBARDE CLOSE: £53,250 (Sold on 12 Jan 1995)
Semi-Detached
- The average price is around £99,635 median price is £86,995 Standard Deviation is £42,832 with Total Sold: 11
- The most recent sale happened at this postcode is 3 LAMBARDE CLOSE: £140,000 (Sold on 24 Oct 2011)
- The first recorded sale happened at this postcode is 10 LAMBARDE CLOSE: £74,000 (Sold on 02 Jun 1995)
Flat
- The average price is around £20,500 median price is £20,500 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 6 LAMBARDE CLOSE: £20,500 (Sold on 30 Apr 1999)
- The first recorded sale happened at this postcode is 6 LAMBARDE CLOSE: £20,500 (Sold on 30 Apr 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average ME2 1DE 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£338,750	£4,596	2
2016	£205,000	£3,475	1
2015	£290,000	£3,187	1
2014	£218,000	£2,659	1
2000	£122,000		1
1999	£77,500	£799	1
1997	£70,000	£711	2
1995	£58,375	£779	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2011	£140,000	£2,381	1
2007	£180,000	£4,000	1
2003	£135,000	£2,296	2
2001	£124,995		1
2000	£86,995	£1,403	1
1997	£52,500	£868	2
1996	£65,000		1
1995	£62,000	£832	2

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
1999	£20,500		1

All the Sales in the LAMBARDE CLOSE, ME2 1DE

See the table below for more details on the sold house prices in the ME2 1DE, Medway postcode.

Address	Sold Date	Price	% Change
4 LAMBARDE CLOSETerraced, FreeholdArea: 59 Sq.mtrAge: 1983-1990	24 Sep 2021	£332,500	62.20%
	12 Feb 2016	£205,000	284.98%
	12 Jan 1995	£53,250	First Sale
12 LAMBARDE CLOSETerraced, FreeholdArea: 97 Sq.mtrAge: 1983-1990	17 Sep 2021	£345,000	345.16%
	04 Jun 1999	£77,500	12.32%
	06 Mar 1997	£69,000	8.66%
	10 Apr 1995	£63,500	First Sale
10 LAMBARDE CLOSETerraced, FreeholdArea: 91 Sq.mtrAge: 1983-1990	18 Dec 2015	£290,000	291.89%
	02 Jun 1995	£74,000	First Sale
8 LAMBARDE CLOSETerraced, FreeholdArea: 82 Sq.mtrAge: 1983-1990	23 Sep 2014	£218,000	First Sale
3 LAMBARDE CLOSESemi-Detached, FreeholdArea: 58.8 Sq.mtrAge: 1983-1990	24 Oct 2011	£140,000	3.70%
	19 Dec 2003	£135,000	175.51%
	17 Mar 1997	£49,000	-2.00%
	22 Sep 1995	£50,000	First Sale
14 LAMBARDE CLOSESemi-Detached, FreeholdArea: 45 Sq.mtrAge: 1991-1995	13 Apr 2007	£180,000	First Sale
11 LAMBARDE CLOSESemi-Detached, Freehold	04 Aug 2003	£135,000	107.69%
11 LAMBARDE CLOSESemi-Detached, Freehold	21 Oct 1996	£65,000	First Sale
7 LAMBARDE CLOSESemi-Detached, Freehold	27 Sep 2001	£124,995	First Sale
15 LAMBARDE CLOSESemi-Detached, FreeholdArea: 62 Sq.mtrAge: 1991-1995	29 Aug 2000	£86,995	55.35%
	11 Jul 1997	£56,000	First Sale
1 LAMBARDE CLOSETerraced, Freehold	26 Jun 2000	£122,000	71.83%
1 LAMBARDE CLOSETerraced, Freehold	29 Jul 1997	£71,000	First Sale
6 LAMBARDE CLOSEFlat, Leasehold	30 Apr 1999	£20,500	First Sale

Check out the sold house prices near the ME2 1DE postcode. Properties currently for saleProperties currently for rent

LAMBARDE CLOSE, ME2 1DE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME2 1DE 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 ME2 1DE postcode.

Terraced
- The average price is around £148,331 median price is £135,000 Standard Deviation is £83,978 with Total Sold: 541
- The Last 5 Year average price is £270,916 with Total Sold: 78
- The most recent sale happened at this postcode is , 177 HIGH STREET: £315,000 (Sold on 22 Aug 2024)
- The first recorded sale happened at this postcode is , 10 MAXIMILIAN DRIVE: £65,000 (Sold on 06 Jan 1995)
Flat
- The average price is around £129,432 median price is £136,000 Standard Deviation is £59,698 with Total Sold: 22
- The Last 5 Year average price is £182,375 with Total Sold: 8
- The most recent sale happened at this postcode is 2, FORGE GREEN COURT ESSEX ROAD: £180,000 (Sold on 14 Aug 2024)
- The first recorded sale happened at this postcode is , 62 ESSEX ROAD: £32,000 (Sold on 15 Mar 1995)
Semi-Detached
- The average price is around £158,771 median price is £138,975 Standard Deviation is £94,024 with Total Sold: 408
- The Last 5 Year average price is £332,473 with Total Sold: 42
- The most recent sale happened at this postcode is , 2 BENEDICT CLOSE: £320,000 (Sold on 01 Jul 2024)
- The first recorded sale happened at this postcode is , 10 LAMBARDE CLOSE: £74,000 (Sold on 02 Jun 1995)
Detached
- The average price is around £244,860 median price is £212,500 Standard Deviation is £134,307 with Total Sold: 313
- The Last 5 Year average price is £446,930 with Total Sold: 43
- The most recent sale happened at this postcode is , 135A KENT ROAD: £280,000 (Sold on 15 Apr 2024)
- The first recorded sale happened at this postcode is , 26 MAXIMILIAN DRIVE: £128,000 (Sold on 17 Feb 1995)
Other
- The average price is around £227,500 median price is £207,500 Standard Deviation is £136,848 with Total Sold: 10
- The Last 5 Year average price is £242,500 with Total Sold: 4
- The most recent sale happened at this postcode is , 18 HIGH STREET: £475,000 (Sold on 23 Mar 2021)
- The first recorded sale happened at this postcode is , 137A HIGH STREET: £200,000 (Sold on 25 Jul 2014)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£252,667	£4,051	6
2023	£282,154	£3,974	14
2022	£281,958	£3,884	12
2021	£275,816	£3,923	22
2020	£262,488	£3,148	12
2019	£255,333	£3,548	12
2018	£249,409	£3,897	11
2017	£222,861	£3,650	14
2016	£243,667	£3,676	12
2015	£225,944	£3,205	18
2014	£163,257	£2,379	20
2013	£178,838	£2,496	16
2012	£184,362	£2,514	16
2011	£144,933	£2,316	15
2010	£174,714	£2,661	7
2009	£163,250	£2,283	8
2008	£125,740	£1,365	12
2007	£183,229	£2,661	19
2006	£155,668	£2,325	19
2005	£154,958	£2,102	25
2004	£128,838	£1,943	18
2003	£130,129	£2,004	29
2002	£101,723	£1,468	25
2001	£93,216	£1,448	31
2000	£79,840	£1,107	22
1999	£67,977	£916	25
1998	£57,916	£941	27
1997	£58,314	£858	25
1996	£44,320	£766	15
1995	£58,581	£854	34

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£180,000		1
2023	£180,000	£3,673	1
2021	£216,500	£3,819	2
2020	£162,333	£3,045	3
2019	£179,000	£2,662	1
2016	£220,000	£3,099	1
2014	£125,000	£2,049	1
2013	£111,000	£1,799	2
2012	£124,000	£1,993	3
2008	£140,000	£2,333	1
2006	£93,000	£1,843	2
1999	£30,500	£529	3
1995	£32,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£337,500	£4,551	2
2023	£358,750	£3,048	4
2022	£381,250	£4,397	6
2021	£342,106	£3,889	9
2020	£303,615	£3,593	13
2019	£317,550	£3,812	8
2018	£306,167	£4,021	6
2017	£279,571	£3,921	7
2016	£289,929	£4,050	7
2015	£243,200	£2,859	10
2014	£214,283	£2,897	9
2013	£195,000	£2,633	9
2012	£210,800	£2,720	5
2011	£179,545	£2,423	11
2010	£255,500	£2,710	2
2009	£169,300	£2,111	5
2008	£191,500	£2,714	6
2007	£215,666	£2,857	18
2006	£196,766	£2,344	15
2005	£190,692	£2,427	13
2004	£165,353	£2,114	17
2003	£158,370	£2,232	22
2002	£129,527	£1,793	18
2001	£114,787	£1,559	24
2000	£102,283	£1,357	16
1999	£85,723	£1,259	21
1998	£87,650	£1,071	22
1997	£74,350	£1,008	55
1996	£66,924	£948	31
1995	£65,714	£901	17

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£460,000		3
2023	£479,625	£4,604	4
2022	£493,300	£4,431	10
2021	£411,500	£3,669	10
2020	£453,438	£4,004	8
2019	£405,500	£4,034	8
2018	£421,786	£4,081	7
2017	£448,500	£3,269	7
2016	£326,000	£3,578	3
2015	£317,000	£3,041	6
2014	£311,571	£2,912	7
2013	£281,278	£2,465	9
2012	£275,742	£2,478	6
2011	£259,167	£2,509	6
2010	£281,392	£2,454	7
2009	£246,833	£2,113	6
2008	£299,167	£2,493	6
2007	£324,172	£2,878	11
2006	£267,050	£2,445	9
2005	£285,125	£2,506	12
2004	£286,066	£2,399	15
2003	£284,750	£2,236	6
2002	£202,562	£1,668	8
2001	£174,131	£1,600	19
2000	£165,180	£1,420	11
1999	£139,514	£1,231	18
1998	£132,573	£1,096	33
1997	£105,630	£981	25
1996	£112,019	£937	21
1995	£105,650	£920	12

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£475,000		1
2019	£165,000	£3,131	3
2018	£151,667	£1,392	3
2016	£450,000		1
2014	£200,000	£1,905	2

House Type in ME2 1DE area

The most common house types in the ME2 1DE postcode area are Terraced (70), Detached (30), and Semi-detached (25).

Total	141
Terraced	70
Detached	30
Semi-detached	25
Flat	10
commercial building	4
Shared house	1
converted building	1
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 (64), and Owned: Owns outright (45).

Owned: Owns with a mortgage or loan	64
Owned: Owns outright	45
Private rented: Private landlord or letting agency	22
Shared ownership: Shared ownership	5
Social rented: Other social rented	3
Social rented: Rents from council or Local Authority	2
Private rented: Other private rented	2
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the ME2 1DE have 2 people in household (54), and 1 person in household (32).

2 people in household	54
1 person in household	32
4 people in household	28
3 people in household	22
5 people in household	4
6 people in household	3
0 people in household	0
7 people in household	0
8 or more people in household	0