Housing Market Analysis for RUSSET CLOSE, ME2 3TZ

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £228,125 median price is £220,000 Standard Deviation is £93,037 with Total Sold: 8
    • The Last 5 Year average price is £410,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 7 RUSSET CLOSE: £410,000 (Sold on 14 Feb 2019)
    • The first recorded sale happened at this postcode is 2 RUSSET CLOSE: £135,000 (Sold on 29 Feb 2000)
  • Semi-Detached
    • The average price is around £156,333 median price is £145,000 Standard Deviation is £56,097 with Total Sold: 3
    • The most recent sale happened at this postcode is 7 RUSSET CLOSE: £230,000 (Sold on 31 Oct 2003)
    • The first recorded sale happened at this postcode is 7 RUSSET CLOSE: £94,000 (Sold on 28 Feb 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average ME2 3TZ 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
2019£410,000 £4,196 1
2015£285,000 £2,917 1
2013£295,000 £2,418 1
2011£230,000 £2,646 1
2009£210,000 £2,416 1
2000£131,667 £1,380 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2003£230,000 £2,354 1
2000£145,000 £1,484 1
1997£94,000 £962 1

All the Sales in the RUSSET CLOSE, ME2 3TZ

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

AddressSold DatePrice% Change
7 RUSSET CLOSEDetached, FreeholdArea: 97.71 Sq.mtrAge: 1967-197514 Feb 2019£410,00043.86%
31 Mar 2015£285,00023.91%
31 Oct 2003£230,00058.62%
26 Jul 2000£145,00054.26%
28 Feb 1997£94,000First Sale
16 RUSSET CLOSEDetached, FreeholdArea: 122 Sq.mtrAge: 1967-197530 Jul 2013£295,000First Sale
4 RUSSET CLOSEDetached, FreeholdArea: 86.93 Sq.mtrAge: 1976-198216 Dec 2011£230,0009.52%
18 Nov 2009£210,00075.00%
29 Feb 2000£120,000First Sale
1 RUSSET CLOSEDetached, Freehold20 Dec 2000£140,000First Sale
2 RUSSET CLOSEDetached, Freehold29 Feb 2000£135,000First Sale

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

RUSSET CLOSE, ME2 3TZ Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £199,975 median price is £185,000 Standard Deviation is £101,848 with Total Sold: 757
    • The Last 5 Year average price is £338,190 with Total Sold: 134
    • The most recent sale happened at this postcode is , 23 ROMSEY CLOSE: £357,000 (Sold on 17 Sep 2024)
    • The first recorded sale happened at this postcode is , 192 WATLING STREET: £88,000 (Sold on 24 Feb 1995)
  • Other
    • The average price is around £794,857 median price is £475,000 Standard Deviation is £826,068 with Total Sold: 7
    • The Last 5 Year average price is £371,667 with Total Sold: 3
    • The most recent sale happened at this postcode is , 41 BRAMLEY RISE: £375,000 (Sold on 17 Jun 2024)
    • The first recorded sale happened at this postcode is , 166 REDE COURT ROAD: £602,000 (Sold on 09 Dec 2016)
  • Terraced
    • The average price is around £183,059 median price is £172,998 Standard Deviation is £90,057 with Total Sold: 316
    • The Last 5 Year average price is £309,967 with Total Sold: 55
    • The most recent sale happened at this postcode is , 105 BROOM HILL ROAD: £255,000 (Sold on 31 May 2024)
    • The first recorded sale happened at this postcode is , 85 BROOM HILL ROAD: £49,000 (Sold on 31 Mar 1995)
  • Detached
    • The average price is around £270,515 median price is £249,995 Standard Deviation is £131,700 with Total Sold: 361
    • The Last 5 Year average price is £463,462 with Total Sold: 52
    • The most recent sale happened at this postcode is , 134 LANCELOT AVENUE: £345,000 (Sold on 22 Mar 2024)
    • The first recorded sale happened at this postcode is , 9 CLINTON AVENUE: £91,000 (Sold on 20 Apr 1995)
  • Flat
    • The average price is around £76,999 median price is £69,748 Standard Deviation is £36,509 with Total Sold: 4
    • The Last 5 Year average price is £132,500 with Total Sold: 1
    • The most recent sale happened at this postcode is FLAT, 5A THE PARADE: £132,500 (Sold on 26 Feb 2021)
    • The first recorded sale happened at this postcode is FLAT, 5A THE PARADE: £36,000 (Sold on 17 Dec 1999)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£346,893 £4,754 14
2023£396,500 £4,403 17
2022£357,143 £4,220 17
2021£334,597 £3,884 36
2020£316,208 £3,590 24
2019£308,250 £3,488 26
2018£299,976 £3,583 21
2017£323,421 £3,843 19
2016£300,724 £3,271 29
2015£262,329 £2,906 35
2014£246,105 £2,768 19
2013£208,079 £2,669 19
2012£187,348 £2,242 23
2011£177,028 £1,997 18
2010£179,244 £2,181 18
2009£165,133 £1,980 15
2008£197,900 £2,223 20
2007£211,828 £2,325 35
2006£180,734 £2,122 31
2005£183,678 £1,958 21
2004£182,257 £1,972 33
2003£167,832 £1,919 30
2002£136,919 £1,464 35
2001£123,578 £1,251 31
2000£107,189 £1,179 29
1999£85,863 £979 22
1998£79,405 £855 35
1997£70,934 £785 23
1996£63,040 £766 36
1995£65,613 £707 26
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£375,0001
2020£475,000 £3,740 1
2019£265,000 £3,155 1
2018£2,800,0001
2017£445,000 £7,417 1
2016£602,000 £3,420 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£300,000 £4,312 2
2023£301,900 £3,732 5
2022£334,150 £4,062 12
2021£313,200 £3,799 20
2020£320,200 £3,770 8
2019£262,914 £3,610 8
2018£297,950 £3,340 10
2017£261,000 £3,213 8
2016£237,250 £3,057 12
2015£230,923 £2,489 13
2014£189,769 £2,270 13
2013£187,350 £2,150 10
2012£151,021 £1,967 12
2011£182,057 £2,136 7
2010£162,714 £2,166 7
2009£163,181 £2,056 11
2008£177,812 £2,005 8
2007£170,833 £1,998 18
2006£170,166 £2,018 9
2005£169,389 £1,917 9
2004£171,018 £1,926 26
2003£156,703 £1,681 11
2002£107,227 £1,550 7
2001£101,385 £1,179 14
2000£92,425 £1,150 12
1999£62,417 £1,014 6
1998£51,545 £656 13
1997£61,681 £706 11
1996£63,249 £634 8
1995£48,167 £453 6
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£377,5002
2023£527,000 £4,748 4
2022£488,929 £4,563 14
2021£445,143 £4,005 14
2020£437,273 £3,943 11
2019£478,571 £3,627 7
2018£374,688 £3,946 8
2017£407,618 £3,534 17
2016£346,395 £3,505 18
2015£328,250 £2,868 16
2014£305,333 £2,457 12
2013£289,805 £2,631 18
2012£295,000 £2,614 11
2011£255,700 £2,605 10
2010£264,708 £2,547 12
2009£214,056 £2,236 9
2008£253,062 £2,399 8
2007£281,133 £2,574 15
2006£256,778 £1,874 9
2005£275,938 £2,235 8
2004£235,231 £2,201 17
2003£234,180 £1,909 11
2002£219,091 £1,804 11
2001£170,078 £1,510 19
2000£144,214 £1,307 14
1999£143,863 £1,454 11
1998£108,278 £1,022 9
1997£95,000 £762 19
1996£116,492 £943 19
1995£98,188 £1,021 8
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£132,5001
2003£85,0001
2002£54,4971
1999£36,0001

House Type in ME2 3TZ area

The most common house types in the ME2 3TZ postcode area are Detached (57), Semi-detached (55), and Terraced (2).

Total115
Detached57
Semi-detached55
Terraced2
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 (70), and Owned: Owns with a mortgage or loan (35).

Owned: Owns outright70
Owned: Owns with a mortgage or loan35
Private rented: Private landlord or letting agency6
Private rented: Other private rented2
Shared ownership: Shared ownership1
Social rented: Other social rented1
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 3TZ have 2 people in household (39), and 1 person in household (32).

2 people in household39
1 person in household32
3 people in household19
4 people in household14
5 people in household7
6 people in household2
7 people in household2
8 or more people in household1
0 people in household0