Housing Market Analysis for FACTORY COTTAGES, ME2 1LE

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £128,600 median price is £122,500 Standard Deviation is £65,965 with Total Sold: 10
    • The Last 5 Year average price is £200,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 FACTORY COTTAGES: £200,000 (Sold on 10 Jan 2020)
    • The first recorded sale happened at this postcode is 2 FACTORY COTTAGES: £45,000 (Sold on 03 May 2001)
  • Other
    • The average price is around £10,000 median price is £10,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 3, FACTORY COTTAGES SUNDRIDGE HILL: £10,000 (Sold on 03 Sep 2015)
    • The first recorded sale happened at this postcode is 3, FACTORY COTTAGES SUNDRIDGE HILL: £10,000 (Sold on 03 Sep 2015)

Sold Price Trend Over the Years:

Below table and chart gives the average ME2 1LE 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£200,000 £2,817 1
2017£162,000 £2,282 1
2016£86,000 £1,211 1
2008£155,000 £2,183 1
2006£248,000 £1,333 1
2005£135,000 £1,118 2
2004£60,000 £845 2
2001£45,000 £634 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£10,0001

All the Sales in the FACTORY COTTAGES, ME2 1LE

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

AddressSold DatePrice% Change
2 FACTORY COTTAGESDetached, FreeholdArea: 71 Sq.mtrAge: 1930-194910 Jan 2020£200,00023.46%
20 Apr 2017£162,00088.37%
06 Jun 2016£86,000-44.52%
11 Apr 2008£155,00072.22%
29 Apr 2005£90,00050.00%
05 May 2004£60,0000.0
04 Mar 2004£60,00033.33%
03 May 2001£45,000First Sale
3, FACTORY COTTAGES SUNDRIDGE HILLOther, Freehold03 Sep 2015£10,000First Sale
1 FACTORY COTTAGESDetached, FreeholdArea: 186 Sq.mtrAge: 1900-192916 Aug 2006£248,00037.78%
29 Apr 2005£180,000First Sale

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

FACTORY COTTAGES, ME2 1LE Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £261,629 median price is £249,995 Standard Deviation is £136,473 with Total Sold: 27
    • The Last 5 Year average price is £469,800 with Total Sold: 5
    • The most recent sale happened at this postcode is , 12 PILGRIMS WAY: £460,000 (Sold on 28 Aug 2024)
    • The first recorded sale happened at this postcode is , KILLYGARTH PILGRIMS WAY: £80,000 (Sold on 29 Aug 1995)
  • Terraced
    • The average price is around £284,000 median price is £320,000 Standard Deviation is £101,918 with Total Sold: 6
    • The Last 5 Year average price is £350,000 with Total Sold: 4
    • The most recent sale happened at this postcode is , 39 PILGRIMS WAY: £395,000 (Sold on 01 Nov 2023)
    • The first recorded sale happened at this postcode is , 43 PILGRIMS WAY: £101,000 (Sold on 10 Mar 2000)
  • Detached
    • The average price is around £268,593 median price is £220,000 Standard Deviation is £153,251 with Total Sold: 35
    • The Last 5 Year average price is £465,000 with Total Sold: 5
    • The most recent sale happened at this postcode is , 37 PILGRIMS WAY: £580,000 (Sold on 02 Dec 2022)
    • The first recorded sale happened at this postcode is , 57 PILGRIMS WAY: £74,250 (Sold on 02 Sep 1996)
  • Other
    • The average price is around £10,000 median price is £10,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 3, FACTORY COTTAGES SUNDRIDGE HILL: £10,000 (Sold on 03 Sep 2015)
    • The first recorded sale happened at this postcode is 3, FACTORY COTTAGES SUNDRIDGE HILL: £10,000 (Sold on 03 Sep 2015)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£460,0001
2023£520,000 £4,370 1
2022£595,000 £3,790 1
2019£387,000 £3,854 2
2017£299,995 £3,594 1
2016£383,750 £3,865 2
2015£285,000 £2,822 1
2014£250,000 £2,475 1
2013£310,000 £1,975 1
2012£212,000 £2,125 1
2010£309,000 £2,230 2
2009£203,750 £2,465 2
2007£235,332 £2,203 3
2001£85,000 £1,018 1
2000£128,872 £1,198 4
1998£89,250 £738 2
1995£80,000 £666 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£380,000 £3,471 2
2020£340,000 £2,833 1
2019£300,000 £3,000 1
2011£203,000 £2,030 1
2000£101,000 £1,010 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£590,000 £4,286 2
2021£472,500 £4,259 2
2020£200,000 £2,817 1
2018£428,750 £4,101 2
2017£360,000 £3,070 4
2016£312,750 £3,192 4
2013£250,000 £1,634 1
2009£220,0001
2008£155,000 £2,183 1
2007£229,000 £2,242 2
2006£246,500 £1,333 2
2005£156,665 £1,447 3
2004£60,000 £845 2
2003£272,0002
2002£217,500 £1,740 2
2001£83,000 £634 2
1996£108,125 £1,127 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£10,0001

House Type in ME2 1LE area

The most common house types in the ME2 1LE postcode area are Detached (94), Semi-detached (56), and Terraced (31).

Total184
Detached94
Semi-detached56
Terraced31
temporary structure3
Flat0
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (91), and Owned: Owns with a mortgage or loan (82).

Owned: Owns outright91
Owned: Owns with a mortgage or loan82
Private rented: Private landlord or letting agency9
Private rented: Other private rented2
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the ME2 1LE have 2 people in household (75), and 4 people in household (41).

2 people in household75
4 people in household41
3 people in household29
1 person in household27
5 people in household8
6 people in household4
7 people in household1
0 people in household0
8 or more people in household0