Housing Market Analysis for MORGAN ROAD, ME2 3LB

Are you looking to understand ME2 3LB 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 3LB area, explore the ME2 3LB Area information page.
For comprehensive crime statistics in the ME2 3LB area, explore the ME2 3LB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME2 3LB postcode area, The average prices are as follows,

  • Other
    • The average price is around £102,000 median price is £102,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £102,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 3 MORGAN ROAD: £102,000 (Sold on 11 Feb 2019)
    • The first recorded sale happened at this postcode is 3 MORGAN ROAD: £102,000 (Sold on 11 Feb 2019)
  • Terraced
    • The average price is around £30,000 median price is £30,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 3 MORGAN ROAD: £30,000 (Sold on 10 Sep 2003)
    • The first recorded sale happened at this postcode is 3 MORGAN ROAD: £30,000 (Sold on 10 Sep 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average ME2 3LB 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£102,000 £2,684 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2003£30,000 £789 1

All the Sales in the MORGAN ROAD, ME2 3LB

See the table below for more details on the sold house prices in the ME2 3LB, Medway postcode.

AddressSold DatePrice% Change
3 MORGAN ROADOther, FreeholdArea: 38 Sq.mtrAge: 1930-194911 Feb 2019£102,000240.00%
10 Sep 2003£30,000First Sale

Check out the sold house prices near the ME2 3LB postcode. Properties currently for saleProperties currently for rent

MORGAN ROAD, ME2 3LB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME2 3LB 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 3LB postcode.

  • Terraced
    • The average price is around £128,983 median price is £120,000 Standard Deviation is £79,966 with Total Sold: 3,020
    • The Last 5 Year average price is £239,604 with Total Sold: 413
    • The most recent sale happened at this postcode is , 60 GRANGE ROAD: £247,000 (Sold on 18 Sep 2024)
    • The first recorded sale happened at this postcode is , 99 KITCHENER ROAD: £27,000 (Sold on 06 Jan 1995)
  • Other
    • The average price is around £404,056 median price is £247,000 Standard Deviation is £501,151 with Total Sold: 68
    • The Last 5 Year average price is £398,815 with Total Sold: 44
    • The most recent sale happened at this postcode is COBB HOUSE, 20 - 22 HILLSIDE AVENUE: £1,400,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 4 - 6 FRINDSBURY ROAD: £89,180 (Sold on 31 Jan 2011)
  • Detached
    • The average price is around £281,234 median price is £250,000 Standard Deviation is £170,077 with Total Sold: 286
    • The Last 5 Year average price is £478,822 with Total Sold: 45
    • The most recent sale happened at this postcode is , 26 WOODSTOCK ROAD: £410,000 (Sold on 19 Aug 2024)
    • The first recorded sale happened at this postcode is , 15 HONEYPOT CLOSE: £135,000 (Sold on 17 Feb 1995)
  • Flat
    • The average price is around £96,465 median price is £95,000 Standard Deviation is £51,455 with Total Sold: 614
    • The Last 5 Year average price is £151,450 with Total Sold: 100
    • The most recent sale happened at this postcode is , 19 WYATT PLACE: £168,000 (Sold on 06 Aug 2024)
    • The first recorded sale happened at this postcode is FLAT 4, TRESERDEN COURT MONTFORT ROAD: £30,500 (Sold on 30 Jan 1995)
  • Semi-Detached
    • The average price is around £166,294 median price is £146,250 Standard Deviation is £104,269 with Total Sold: 664
    • The Last 5 Year average price is £304,932 with Total Sold: 93
    • The most recent sale happened at this postcode is , 7 STANHOPE ROAD: £230,000 (Sold on 04 Jul 2024)
    • The first recorded sale happened at this postcode is , 47 BROMPTON LANE: £42,000 (Sold on 06 Jan 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£231,912 £2,528 33
2023£264,184 £3,254 76
2022£268,081 £3,306 86
2021£222,902 £3,006 100
2020£241,018 £2,906 55
2019£200,386 £2,672 63
2018£218,796 £2,887 107
2017£210,089 £2,656 101
2016£194,608 £2,490 108
2015£165,970 £2,158 112
2014£151,211 £1,918 85
2013£129,687 £1,708 87
2012£120,891 £1,516 67
2011£119,770 £1,553 63
2010£125,255 £1,615 68
2009£119,581 £1,409 53
2008£136,704 £1,804 62
2007£147,816 £1,856 140
2006£135,640 £1,776 152
2005£122,924 £1,611 109
2004£117,399 £1,521 137
2003£103,029 £1,383 157
2002£84,216 £1,141 147
2001£70,898 £888 168
2000£58,764 £767 154
1999£49,315 £636 147
1998£45,437 £577 135
1997£40,640 £529 101
1996£39,072 £508 73
1995£34,769 £460 74
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£586,020 £1,792 5
2023£353,250 £1,962 5
2022£742,5002
2021£451,864 £8,809 11
2020£260,650 £65 10
2019£344,500 £2,818 11
2018£288,375 £1,899 4
2017£568,2789
2016£120,667 £4,250 3
2015£582,7595
2014£147,500 £1,550 2
2011£89,1801
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£333,3333
2023£541,750 £3,372 4
2022£536,250 £3,912 8
2021£465,231 £3,775 13
2020£394,571 £3,101 7
2019£528,000 £3,288 10
2018£477,429 £3,488 7
2017£434,375 £3,117 16
2016£292,000 £2,717 5
2015£299,124 £2,385 8
2014£339,409 £2,215 11
2013£243,900 £2,161 10
2012£269,750 £1,992 6
2011£274,300 £1,851 10
2010£245,417 £1,598 6
2009£234,830 £1,669 3
2008£256,998 £2,027 4
2007£289,625 £2,398 14
2006£320,625 £1,948 8
2005£238,997 £1,557 15
2004£257,100 £1,780 10
2003£334,249 £1,948 12
2002£201,249 £1,639 18
2001£179,625 £1,733 12
2000£156,082 £1,104 12
1999£125,500 £765 9
1998£140,495 £1,033 10
1997£119,500 £768 11
1996£125,153 £1,010 16
1995£89,125 £614 8
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£152,250 £2,896 6
2023£168,312 £3,552 16
2022£173,100 £2,816 25
2021£143,393 £2,639 21
2020£124,417 £2,860 12
2019£135,338 £3,235 20
2018£145,444 £3,198 18
2017£162,000 £3,572 15
2016£121,791 £2,412 33
2015£111,083 £2,450 24
2014£107,848 £1,978 42
2013£102,632 £1,884 23
2012£97,250 £1,732 12
2011£108,250 £2,109 10
2010£108,400 £2,319 10
2009£95,857 £2,164 14
2008£104,467 £2,653 19
2007£107,190 £2,332 30
2006£92,498 £1,991 34
2005£82,679 £2,033 14
2004£89,223 £2,019 29
2003£79,370 £1,656 30
2002£66,902 £1,488 17
2001£48,655 £1,074 37
2000£39,576 £960 32
1999£30,507 £575 21
1998£30,500 £674 23
1997£30,194 £636 9
1996£25,643 £617 7
1995£28,800 £597 11
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£286,2504
2023£323,113 £3,444 19
2022£336,200 £3,839 20
2021£313,393 £3,605 14
2020£283,119 £3,442 21
2019£267,833 £3,344 15
2018£311,591 £3,280 22
2017£268,430 £2,835 25
2016£247,872 £2,686 23
2015£214,273 £2,805 11
2014£240,703 £2,359 16
2013£176,147 £2,172 17
2012£161,417 £2,098 12
2011£168,244 £2,052 8
2010£173,000 £1,891 15
2009£139,700 £1,591 15
2008£170,754 £1,988 15
2007£198,263 £2,310 46
2006£150,787 £1,906 27
2005£164,075 £1,854 15
2004£168,144 £1,694 25
2003£139,205 £1,645 36
2002£135,963 £1,342 28
2001£106,680 £1,104 22
2000£85,700 £938 35
1999£69,052 £710 25
1998£68,343 £681 23
1997£57,864 £569 44
1996£49,459 £541 43
1995£46,271 £559 23

House Type in ME2 3LB area

The most common house types in the ME2 3LB postcode area are Terraced (118), Semi-detached (7), and Shared house (4).

Total135
Terraced118
Semi-detached7
Shared house4
Flat3
Detached2
converted building1
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (60), and Owned: Owns with a mortgage or loan (36).

Private rented: Private landlord or letting agency60
Owned: Owns with a mortgage or loan36
Owned: Owns outright29
Social rented: Other social rented4
Social rented: Rents from council or Local Authority2
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the ME2 3LB have 3 people in household (41), and 2 people in household (38).

3 people in household41
2 people in household38
1 person in household33
4 people in household14
5 people in household5
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0