Housing Market Analysis for WEST LANE, ME3 0BG

Are you looking to understand ME3 0BG 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 ME3 0BG area, explore the ME3 0BG Area information page.
For comprehensive crime statistics in the ME3 0BG area, explore the ME3 0BG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME3 0BG postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £120,272 median price is £120,000 Standard Deviation is £68,846 with Total Sold: 11
    • The Last 5 Year average price is £169,333 with Total Sold: 3
    • The most recent sale happened at this postcode is 2, POLICE COTTAGES WEST LANE: £223,000 (Sold on 11 Aug 2023)
    • The first recorded sale happened at this postcode is 1, POLICE COTTAGES WEST LANE: £30,000 (Sold on 21 Jul 1995)
  • Other
    • The average price is around £150,000 median price is £150,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is YANTLETT FARM WEST LANE: £150,000 (Sold on 30 Jun 2017)
    • The first recorded sale happened at this postcode is YANTLETT FARM WEST LANE: £150,000 (Sold on 30 Jun 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average ME3 0BG 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£223,000 £3,014 1
2022£165,0001
2020£120,000 £1,600 1
2016£190,000 £2,568 1
2015£118,000 £1,595 1
2012£185,000 £2,319 1
2006£170,000 £2,131 1
2000£64,9951
1995£29,000 £370 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£150,0001

All the Sales in the WEST LANE, ME3 0BG

See the table below for more details on the sold house prices in the ME3 0BG, Medway postcode.

AddressSold DatePrice% Change
2, POLICE COTTAGES WEST LANETerraced, FreeholdArea: 74 Sq.mtrAge: 1930-194911 Aug 2023£223,00017.37%
20 Dec 2016£190,00061.02%
21 Jan 2015£118,000337.04%
17 Nov 1995£27,000First Sale
4, POLICE QUARTERS WEST LANETerraced, Freehold06 May 2022£165,000153.87%
26 May 2000£64,995116.65%
18 Aug 1995£30,000First Sale
3, POLICE COTTAGES WEST LANETerraced, FreeholdArea: 75 Sq.mtrAge: 1900-192903 Feb 2020£120,000First Sale
YANTLETT FARM WEST LANEOther, Freehold30 Jun 2017£150,000First Sale
1, POLICE COTTAGES WEST LANETerraced, FreeholdArea: 79.79 Sq.mtrAge: 1930-194916 Feb 2012£185,0008.82%
06 Apr 2006£170,000466.67%
21 Jul 1995£30,000First Sale

Check out the sold house prices near the ME3 0BG postcode. Properties currently for saleProperties currently for rent

WEST LANE, ME3 0BG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME3 0BG 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 ME3 0BG postcode.

  • Terraced
    • The average price is around £120,272 median price is £120,000 Standard Deviation is £68,846 with Total Sold: 11
    • The Last 5 Year average price is £169,333 with Total Sold: 3
    • The most recent sale happened at this postcode is 2, POLICE COTTAGES WEST LANE: £223,000 (Sold on 11 Aug 2023)
    • The first recorded sale happened at this postcode is 1, POLICE COTTAGES WEST LANE: £30,000 (Sold on 21 Jul 1995)
  • Other
    • The average price is around £150,000 median price is £150,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , YANTLETT FARM WEST LANE: £150,000 (Sold on 30 Jun 2017)
    • The first recorded sale happened at this postcode is , YANTLETT FARM WEST LANE: £150,000 (Sold on 30 Jun 2017)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£223,000 £3,014 1
2022£165,0001
2020£120,000 £1,600 1
2016£190,000 £2,568 1
2015£118,000 £1,595 1
2012£185,000 £2,319 1
2006£170,000 £2,131 1
2000£64,9951
1995£29,000 £370 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£150,0001

House Type in ME3 0BG area

The most common house types in the ME3 0BG postcode area are Semi-detached (63), Terraced (47), and Detached (20).

Total134
Semi-detached63
Terraced47
Detached20
Flat3
Shared house1
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 (61), and Owned: Owns outright (36).

Owned: Owns with a mortgage or loan61
Owned: Owns outright36
Private rented: Private landlord or letting agency23
Social rented: Other social rented7
Private rented: Other private rented5
Social rented: Rents from council or Local Authority3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the ME3 0BG have 2 people in household (43), and 1 person in household (39).

2 people in household43
1 person in household39
4 people in household25
3 people in household20
5 people in household5
6 people in household2
7 people in household1
0 people in household0
8 or more people in household0