Housing Market Analysis for SHERBOURNE DRIVE, ME2 3LX

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £353,800 median price is £411,000 Standard Deviation is £194,839 with Total Sold: 10
    • The Last 5 Year average price is £528,333 with Total Sold: 3
    • The most recent sale happened at this postcode is 1 SHERBOURNE DRIVE: £560,000 (Sold on 26 Feb 2021)
    • The first recorded sale happened at this postcode is 1 SHERBOURNE DRIVE: £57,000 (Sold on 05 Dec 1997)
  • Terraced
    • The average price is around £79,000 median price is £79,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 3 SHERBOURNE DRIVE: £79,000 (Sold on 20 Apr 1998)
    • The first recorded sale happened at this postcode is 3 SHERBOURNE DRIVE: £79,000 (Sold on 20 Apr 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average ME2 3LX 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
2021£560,000 £3,613 1
2019£512,500 £3,944 2
2017£540,000 £3,560 2
2003£317,000 £2,045 1
2002£268,000 £2,127 1
1998£115,500 £808 2
1997£57,000 £368 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
1998£79,0001

All the Sales in the SHERBOURNE DRIVE, ME2 3LX

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

AddressSold DatePrice% Change
1 SHERBOURNE DRIVEDetached, FreeholdArea: 155 Sq.mtrAge: 1991-199526 Feb 2021£560,00076.66%
28 Feb 2003£317,000456.14%
05 Dec 1997£57,000First Sale
5 SHERBOURNE DRIVEDetached, FreeholdArea: 134 Sq.mtrAge: 1996-200231 Oct 2019£520,0001.96%
12 Dec 2017£510,000207.23%
20 Jul 1998£166,000First Sale
2 SHERBOURNE DRIVEDetached, FreeholdArea: 126 Sq.mtrAge: 1996-200223 Aug 2019£505,00088.43%
12 Apr 2002£268,000First Sale
4 SHERBOURNE DRIVEDetached, FreeholdArea: 172 Sq.mtrAge: 1983-199024 Nov 2017£570,000776.92%
31 Jul 1998£65,000First Sale
3 SHERBOURNE DRIVETerraced, Freehold20 Apr 1998£79,000First Sale

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

SHERBOURNE DRIVE, ME2 3LX Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £133,967 median price is £124,995 Standard Deviation is £75,316 with Total Sold: 1,900
    • The Last 5 Year average price is £244,008 with Total Sold: 283
    • The most recent sale happened at this postcode is , 9 YALDING CLOSE: £245,000 (Sold on 12 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 £531,120 median price is £395,808 Standard Deviation is £510,157 with Total Sold: 18
    • The Last 5 Year average price is £490,479 with Total Sold: 12
    • 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 , 178 BROMPTON FARM ROAD: £391,615 (Sold on 31 Jan 2014)
  • Semi-Detached
    • The average price is around £186,676 median price is £175,000 Standard Deviation is £106,584 with Total Sold: 900
    • The Last 5 Year average price is £336,019 with Total Sold: 135
    • The most recent sale happened at this postcode is , 99 BROMPTON FARM ROAD: £425,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 13 SAXON CLOSE: £79,000 (Sold on 05 Jan 1995)
  • Flat
    • The average price is around £89,441 median price is £90,000 Standard Deviation is £59,599 with Total Sold: 55
    • The Last 5 Year average price is £134,455 with Total Sold: 11
    • The most recent sale happened at this postcode is , 17A BROMPTON LANE: £97,000 (Sold on 06 Jun 2024)
    • The first recorded sale happened at this postcode is , 11 HANCOCK CLOSE: £24,500 (Sold on 29 Feb 1996)
  • Detached
    • The average price is around £275,647 median price is £257,675 Standard Deviation is £148,308 with Total Sold: 502
    • The Last 5 Year average price is £477,537 with Total Sold: 72
    • The most recent sale happened at this postcode is , 6 CHEQUERS COURT: £400,000 (Sold on 05 Jun 2024)
    • The first recorded sale happened at this postcode is , 233 CLIFFE ROAD: £100,000 (Sold on 31 Mar 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£273,959 £2,950 22
2023£248,894 £3,400 54
2022£283,787 £3,503 57
2021£233,450 £3,165 72
2020£219,739 £3,005 44
2019£203,941 £2,726 34
2018£229,925 £3,082 60
2017£221,594 £2,843 72
2016£202,741 £2,608 56
2015£171,032 £2,369 75
2014£155,329 £2,071 66
2013£136,851 £1,830 54
2012£122,573 £1,620 51
2011£124,062 £1,598 40
2010£134,216 £1,737 46
2009£117,100 £1,472 30
2008£147,411 £1,801 42
2007£150,996 £1,985 87
2006£129,965 £1,802 96
2005£124,183 £1,670 49
2004£118,921 £1,592 86
2003£103,491 £1,423 90
2002£85,392 £1,202 98
2001£71,877 £950 96
2000£61,040 £857 92
1999£49,852 £661 85
1998£48,173 £636 80
1997£42,883 £581 64
1996£39,296 £544 47
1995£36,564 £496 55
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£815,000 £3,580 2
2023£243,125 £375 2
2021£328,333 £4,516 3
2019£556,900 £2,642 5
2017£425,000 £3,935 1
2016£475,000 £3,960 2
2015£1,812,7961
2014£243,308 £3,956 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£342,222 £4,139 9
2023£344,833 £4,107 21
2022£380,579 £4,084 30
2021£322,037 £3,955 27
2020£305,920 £3,521 25
2019£316,554 £3,748 23
2018£308,261 £3,604 23
2017£299,389 £3,366 39
2016£270,807 £3,167 41
2015£238,668 £2,900 33
2014£238,772 £2,605 22
2013£187,857 £2,214 21
2012£190,735 £2,243 17
2011£179,282 £2,168 14
2010£195,857 £2,212 21
2009£163,861 £1,966 22
2008£195,823 £2,025 17
2007£201,815 £2,268 58
2006£176,360 £2,058 34
2005£183,768 £2,117 21
2004£175,856 £1,885 35
2003£152,254 £1,675 32
2002£127,126 £1,485 43
2001£109,700 £1,236 40
2000£97,223 £1,087 38
1999£83,912 £896 24
1998£73,030 £729 30
1997£66,414 £738 53
1996£56,684 £628 51
1995£59,741 £680 36
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£97,0001
2023£140,000 £4,242 1
2022£142,143 £2,547 7
2021£111,000 £1,850 1
2020£136,000 £3,091 1
2017£232,500 £3,690 1
2016£215,000 £3,413 1
2015£180,000 £2,389 1
2013£79,000 £1,795 1
2012£92,500 £1,913 2
2010£84,000 £2,055 1
2009£100,000 £2,273 1
2008£151,667 £2,266 3
2007£108,500 £2,669 6
2006£80,250 £1,554 2
2005£101,500 £1,223 1
2004£112,000 £1,623 1
2003£51,000 £952 4
2002£61,498 £1,217 2
2001£34,667 £937 3
2000£33,833 £897 3
1999£23,424 £425 3
1998£55,167 £687 3
1996£23,300 £328 5
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£478,3333
2023£571,714 £4,356 7
2022£539,182 £4,661 11
2021£445,283 £3,936 23
2020£436,048 £3,451 14
2019£476,321 £3,857 14
2018£399,673 £3,417 13
2017£408,865 £3,677 41
2016£353,613 £3,169 22
2015£326,514 £2,863 21
2014£334,500 £2,482 17
2013£277,533 £2,489 15
2012£273,318 £2,112 11
2011£266,292 £2,199 12
2010£232,750 £2,183 10
2009£248,667 £2,089 6
2008£268,906 £2,480 7
2007£305,264 £2,293 17
2006£270,531 £2,006 16
2005£257,088 £1,757 17
2004£260,440 £1,926 17
2003£257,138 £2,145 18
2002£208,809 £1,723 21
2001£171,625 £1,641 20
2000£138,469 £1,091 18
1999£125,972 £1,047 20
1998£132,722 £912 20
1997£104,552 £757 27
1996£102,817 £804 29
1995£94,033 £786 15

House Type in ME2 3LX area

The most common house types in the ME2 3LX postcode area are Detached (94), Semi-detached (43), and Terraced (0).

Total137
Detached94
Semi-detached43
Terraced0
Flat0
Shared house0
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 (68), and Owned: Owns outright (62).

Owned: Owns with a mortgage or loan68
Owned: Owns outright62
Private rented: Private landlord or letting agency8
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the ME2 3LX have 2 people in household (50), and 4 people in household (32).

2 people in household50
4 people in household32
3 people in household25
1 person in household18
5 people in household9
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0