Housing Market Analysis for LYCHFIELD DRIVE, ME2 3LY

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £338,727 median price is £315,000 Standard Deviation is £154,226 with Total Sold: 22
    • The Last 5 Year average price is £571,667 with Total Sold: 3
    • The most recent sale happened at this postcode is 10 LYCHFIELD DRIVE: £800,000 (Sold on 27 Sep 2022)
    • The first recorded sale happened at this postcode is 26 LYCHFIELD DRIVE: £110,000 (Sold on 10 Apr 1995)
  • Terraced
    • The average price is around £314,995 median price is £314,995 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 17 LYCHFIELD DRIVE: £314,995 (Sold on 06 Jun 2007)
    • The first recorded sale happened at this postcode is 17 LYCHFIELD DRIVE: £314,995 (Sold on 06 Jun 2007)
  • Semi-Detached
    • The average price is around £175,416 median price is £183,500 Standard Deviation is £72,858 with Total Sold: 6
    • The most recent sale happened at this postcode is 22 LYCHFIELD DRIVE: £214,000 (Sold on 29 Nov 2006)
    • The first recorded sale happened at this postcode is 20 LYCHFIELD DRIVE: £82,995 (Sold on 19 Dec 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average ME2 3LY 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
2022£800,000 £3,879 1
2021£457,500 £3,675 2
2017£410,000 £2,872 1
2016£400,000 £2,339 1
2015£464,995 £2,255 1
2014£399,500 £2,286 3
2013£315,000 £2,363 2
2012£300,000 £2,419 1
2007£409,0001
2006£420,000 £1,867 1
2004£281,000 £1,643 1
2002£250,000 £1,429 1
2001£265,0001
1999£219,000 £1,062 1
1997£133,750 £863 2
1996£112,0001
1995£110,000 £880 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£314,995 £2,131 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£232,0002
2004£265,000 £1,857 1
2000£153,0001
1998£87,5001
1996£82,9951

All the Sales in the LYCHFIELD DRIVE, ME2 3LY

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

AddressSold DatePrice% Change
10 LYCHFIELD DRIVEDetached, FreeholdArea: 206.24 Sq.mtrAge: 1983-199027 Sep 2022£800,00072.04%
22 Jun 2015£464,99510.71%
11 Aug 2006£420,00091.78%
21 Sep 1999£219,000First Sale
26 LYCHFIELD DRIVEDetached, FreeholdArea: 125 Sq.mtrAge: 1991-199529 Jan 2021£460,00046.03%
28 Jun 2013£315,000186.36%
10 Apr 1995£110,000First Sale
18 LYCHFIELD DRIVEDetached, FreeholdArea: 124 Sq.mtrAge: 1991-199508 Jan 2021£455,00051.67%
12 Dec 2012£300,000First Sale
28 LYCHFIELD DRIVEDetached, FreeholdArea: 142.74 Sq.mtrAge: 1991-199521 Jul 2017£410,00030.16%
25 Jun 2013£315,00018.87%
16 Feb 2004£265,000First Sale
30 LYCHFIELD DRIVEDetached, FreeholdArea: 171 Sq.mtrAge: 1991-199528 Apr 2016£400,00042.35%
12 Nov 2004£281,000First Sale
1 LYCHFIELD DRIVEDetached, FreeholdArea: 239 Sq.mtrAge: 1991-199517 Jun 2014£478,500First Sale
5 LYCHFIELD DRIVEDetached, FreeholdArea: 175 Sq.mtrAge: 1991-199518 Mar 2014£405,00062.00%
12 Apr 2002£250,000First Sale
16 LYCHFIELD DRIVEDetached, FreeholdArea: 124 Sq.mtrAge: 1991-199509 Jan 2014£315,000First Sale
8 LYCHFIELD DRIVEDetached, Freehold07 Aug 2007£409,000First Sale
17 LYCHFIELD DRIVETerraced, FreeholdArea: 147.84 Sq.mtrAge: 2003-200606 Jun 2007£314,995150.00%
17 Sep 1997£126,000First Sale
22 LYCHFIELD DRIVESemi-Detached, Freehold29 Nov 2006£214,000144.57%
16 Feb 1998£87,500First Sale
19 LYCHFIELD DRIVESemi-Detached, Freehold02 May 2006£250,00063.40%
14 Apr 2000£153,000First Sale
6 LYCHFIELD DRIVEDetached, Freehold04 Oct 2001£265,000First Sale
24 LYCHFIELD DRIVEDetached, FreeholdArea: 162 Sq.mtrAge: 1991-199510 Jan 1997£141,500First Sale
20 LYCHFIELD DRIVESemi-Detached, Freehold19 Dec 1996£82,995First Sale
32 LYCHFIELD DRIVEDetached, Freehold13 Dec 1996£112,000First Sale

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

LYCHFIELD DRIVE, ME2 3LY Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £131,643 median price is £122,500 Standard Deviation is £72,978 with Total Sold: 2,641
    • The Last 5 Year average price is £237,765 with Total Sold: 395
    • 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 £534,606 median price is £270,000 Standard Deviation is £652,340 with Total Sold: 24
    • The Last 5 Year average price is £553,574 with Total Sold: 17
    • 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 , 54 CLIFFE ROAD: £95,000 (Sold on 22 Aug 2014)
  • Semi-Detached
    • The average price is around £178,850 median price is £167,000 Standard Deviation is £104,955 with Total Sold: 971
    • The Last 5 Year average price is £327,504 with Total Sold: 144
    • 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 £87,438 median price is £85,000 Standard Deviation is £60,371 with Total Sold: 189
    • The Last 5 Year average price is £140,267 with Total Sold: 30
    • 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 FLAT 4, TRESERDEN COURT MONTFORT ROAD: £30,500 (Sold on 30 Jan 1995)
  • Detached
    • The average price is around £267,440 median price is £248,500 Standard Deviation is £148,140 with Total Sold: 533
    • The Last 5 Year average price is £482,305 with Total Sold: 76
    • 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 , 15 HONEYPOT CLOSE: £135,000 (Sold on 17 Feb 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£246,003 £2,531 33
2023£245,194 £3,309 71
2022£275,603 £3,428 84
2021£227,444 £3,094 103
2020£219,745 £2,923 51
2019£200,115 £2,730 53
2018£225,547 £2,963 86
2017£212,611 £2,669 88
2016£198,037 £2,582 93
2015£167,506 £2,190 96
2014£156,328 £2,023 79
2013£132,796 £1,758 78
2012£122,444 £1,619 63
2011£122,480 £1,589 51
2010£133,585 £1,758 58
2009£119,881 £1,485 48
2008£145,832 £1,867 52
2007£148,183 £1,888 123
2006£131,594 £1,782 131
2005£123,634 £1,605 87
2004£118,713 £1,545 123
2003£102,790 £1,387 126
2002£85,621 £1,173 126
2001£72,230 £939 144
2000£60,357 £817 135
1999£50,333 £644 127
1998£47,058 £607 108
1997£42,332 £562 82
1996£39,145 £526 70
1995£36,021 £485 72
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£815,000 £3,580 2
2023£243,125 £375 2
2021£689,167 £12,701 6
2020£250,0001
2019£484,917 £2,642 6
2018£350,0001
2017£425,000 £3,935 1
2016£245,667 £4,250 3
2015£1,812,7961
2014£95,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£333,889 £3,909 9
2023£345,352 £4,028 27
2022£348,846 £3,980 30
2021£333,648 £3,899 27
2020£300,833 £3,629 27
2019£301,448 £3,680 24
2018£319,000 £3,691 28
2017£287,782 £3,223 31
2016£260,210 £3,011 29
2015£229,210 £2,773 26
2014£244,346 £2,503 26
2013£191,500 £2,340 24
2012£188,875 £2,223 20
2011£176,164 £2,148 18
2010£194,020 £2,199 25
2009£158,750 £1,856 24
2008£179,294 £2,070 17
2007£200,708 £2,309 64
2006£169,441 £2,062 38
2005£177,885 £2,079 25
2004£172,499 £1,856 39
2003£154,001 £1,698 42
2002£128,697 £1,457 43
2001£110,844 £1,229 45
2000£94,127 £1,059 43
1999£76,971 £791 29
1998£73,856 £719 32
1997£63,660 £685 62
1996£55,361 £608 62
1995£59,048 £677 35
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£97,0001
2023£133,875 £3,740 4
2022£153,611 £2,436 9
2021£143,000 £2,631 5
2020£133,400 £3,160 5
2019£135,167 £2,992 6
2018£111,000 £3,364 1
2017£198,500 £4,033 6
2016£111,750 £2,499 4
2015£95,571 £2,265 7
2014£104,500 £2,035 2
2013£87,250 £1,934 4
2012£78,000 £1,761 4
2011£80,500 £1,733 2
2010£92,000 £2,270 2
2009£86,250 £1,968 4
2008£126,571 £2,244 7
2007£113,499 £2,400 16
2006£88,688 £2,151 8
2005£85,929 £1,881 7
2004£91,721 £1,981 9
2003£83,333 £1,315 9
2002£68,485 £1,508 11
2001£45,272 £1,077 11
2000£40,208 £929 12
1999£30,490 £609 9
1998£37,667 £680 9
1997£31,000 £688 4
1996£25,250 £491 8
1995£26,000 £567 3
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£478,3333
2023£571,714 £4,356 7
2022£548,154 £4,477 13
2021£445,731 £3,945 26
2020£441,762 £3,366 14
2019£486,038 £3,827 13
2018£373,517 £3,418 15
2017£427,400 £3,578 30
2016£338,029 £3,023 17
2015£323,222 £2,860 22
2014£321,237 £2,414 19
2013£266,368 £2,476 19
2012£272,536 £2,215 14
2011£260,500 £2,131 15
2010£223,346 £2,241 13
2009£249,875 £2,029 8
2008£268,906 £2,480 7
2007£294,583 £2,282 18
2006£268,971 £1,961 17
2005£259,056 £1,752 18
2004£253,772 £1,897 20
2003£253,446 £2,113 19
2002£193,239 £1,667 25
2001£171,857 £1,625 21
2000£138,469 £1,091 18
1999£128,150 £983 23
1998£129,783 £912 21
1997£106,448 £749 31
1996£100,273 £783 30
1995£93,735 £786 17

House Type in ME2 3LY area

The most common house types in the ME2 3LY postcode area are Detached (48), Terraced (43), and Semi-detached (40).

Total132
Detached48
Terraced43
Semi-detached40
Flat1
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 outright (53), and Owned: Owns with a mortgage or loan (49).

Owned: Owns outright53
Owned: Owns with a mortgage or loan49
Private rented: Private landlord or letting agency22
Shared ownership: Shared ownership4
Social rented: Other social rented3
Private rented: Other private rented2
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the ME2 3LY have 2 people in household (56), and 1 person in household (26).

2 people in household56
1 person in household26
3 people in household26
4 people in household14
5 people in household8
6 people in household1
8 or more people in household1
0 people in household0
7 people in household0