Housing Market Analysis for ELM CLOSE, ME3 7NH

Are you looking to understand ME3 7NH 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 Gravesham postcode.

For the location information and nearby amenities in the ME3 7NH area, explore the ME3 7NH Area information page.
For comprehensive crime statistics in the ME3 7NH area, explore the ME3 7NH Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME3 7NH postcode area, The average prices are as follows,

  • Detached
    • The average price is around £570,444 median price is £500,000 Standard Deviation is £264,660 with Total Sold: 9
    • The Last 5 Year average price is £827,500 with Total Sold: 2
    • The most recent sale happened at this postcode is GALLEONS REACH ELM CLOSE: £870,000 (Sold on 30 Jan 2023)
    • The first recorded sale happened at this postcode is 5 ELM CLOSE: £785,000 (Sold on 05 Nov 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average ME3 7NH 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
2023£827,500 £5,218 2
2017£1,050,000 £6,588 1
2013£550,0001
2009£500,0001
2007£490,0001
2005£327,0001
2003£395,0001
1996£167,0001

All the Sales in the ELM CLOSE, ME3 7NH

See the table below for more details on the sold house prices in the ME3 7NH, Gravesham postcode.

AddressSold DatePrice% Change
GALLEONS REACH ELM CLOSEDetached, FreeholdArea: 141 Sq.mtrAge: 1967-197530 Jan 2023£870,000First Sale
LONG REACH ELM CLOSEDetached, FreeholdArea: 159.37 Sq.mtrAge: 1950-196625 Aug 2017£1,050,000First Sale
TRESANTON ELM CLOSEDetached, Freehold23 Sep 2013£550,00010.00%
10 Jul 2009£500,00052.91%
24 Jun 2005£327,000First Sale
NEWLAND HOUSE ELM CLOSEDetached, Freehold16 Nov 2007£490,000First Sale
3 ELM CLOSEDetached, Freehold19 Dec 2003£395,000First Sale
1 ELM CLOSEDetached, Freehold16 Dec 1996£167,000First Sale
5 ELM CLOSEDetached, FreeholdArea: 184 Sq.mtrAge: 1950-196605 Nov 2023£785,000First Sale

Check out the sold house prices near the ME3 7NH postcode. Properties currently for saleProperties currently for rent

ELM CLOSE, ME3 7NH Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME3 7NH 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 7NH postcode.

  • Semi-Detached
    • The average price is around £221,112 median price is £210,000 Standard Deviation is £109,644 with Total Sold: 507
    • The Last 5 Year average price is £369,052 with Total Sold: 81
    • The most recent sale happened at this postcode is , 5 FORGE LANE: £405,000 (Sold on 16 Sep 2024)
    • The first recorded sale happened at this postcode is , 11 THE BRAES: £76,500 (Sold on 20 Jan 1995)
  • Terraced
    • The average price is around £172,287 median price is £165,000 Standard Deviation is £89,928 with Total Sold: 205
    • The Last 5 Year average price is £284,304 with Total Sold: 28
    • The most recent sale happened at this postcode is 2, THAMES VIEW COTTAGES HERMITAGE ROAD: £275,000 (Sold on 10 May 2024)
    • The first recorded sale happened at this postcode is , 72 HERMITAGE ROAD: £47,000 (Sold on 20 Mar 1995)
  • Detached
    • The average price is around £375,164 median price is £317,500 Standard Deviation is £238,749 with Total Sold: 250
    • The Last 5 Year average price is £590,229 with Total Sold: 47
    • The most recent sale happened at this postcode is , 21 NORAH LANE: £475,000 (Sold on 29 Apr 2024)
    • The first recorded sale happened at this postcode is , 10 ST JOHNS ROAD: £89,950 (Sold on 06 Mar 1995)
  • Flat
    • The average price is around £138,700 median price is £128,500 Standard Deviation is £69,915 with Total Sold: 5
    • The Last 5 Year average price is £191,000 with Total Sold: 1
    • The most recent sale happened at this postcode is FLAT 9, DICKENS COURT MOUNTBATTEN AVENUE: £191,000 (Sold on 29 Sep 2023)
    • The first recorded sale happened at this postcode is , UPSHIRE STUDIOS, 3 HERMITAGE ROAD: £44,000 (Sold on 15 May 1998)
  • Other
    • The average price is around £637,500 median price is £772,500 Standard Deviation is £397,154 with Total Sold: 4
    • The Last 5 Year average price is £848,333 with Total Sold: 3
    • The most recent sale happened at this postcode is , WILLOW PLATT HERMITAGE ROAD: £950,000 (Sold on 09 Mar 2023)
    • The first recorded sale happened at this postcode is , THE BARN, 3 BLUEGATES PLACE: £5,000 (Sold on 12 Mar 2018)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£387,5004
2023£405,591 £4,371 11
2022£389,500 £4,782 18
2021£370,662 £4,657 20
2020£333,100 £3,996 15
2019£343,154 £4,552 13
2018£333,472 £4,066 18
2017£312,225 £4,265 20
2016£300,100 £3,538 18
2015£270,989 £3,655 22
2014£257,930 £2,909 15
2013£246,605 £2,736 19
2012£198,488 £2,457 16
2011£248,706 £2,881 17
2010£192,077 £2,986 13
2009£202,750 £2,684 10
2008£207,727 £2,292 11
2007£228,369 £2,590 23
2006£246,882 £2,553 17
2005£201,600 £2,118 10
2004£191,472 £2,416 18
2003£177,547 £2,147 21
2002£171,760 £1,974 25
2001£124,881 £1,577 21
2000£119,716 £1,399 20
1999£97,035 £1,258 21
1998£94,555 £1,203 18
1997£88,642 £1,064 14
1996£79,175 £816 20
1995£69,289 £766 19
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£341,2502
2023£242,500 £3,935 2
2022£304,800 £4,619 5
2021£293,773 £4,155 11
2020£237,750 £3,865 6
2019£305,500 £3,866 2
2018£303,333 £3,897 6
2017£317,500 £3,548 2
2016£305,000 £3,606 8
2015£242,967 £3,021 9
2014£217,571 £2,717 7
2013£193,000 £2,616 6
2012£205,000 £2,418 5
2011£164,990 £1,993 5
2010£180,071 £2,441 7
2009£194,700 £2,451 5
2008£180,500 £2,687 7
2007£192,187 £2,551 8
2006£163,428 £2,255 14
2005£192,500 £3,611 2
2004£149,055 £1,959 9
2003£151,000 £2,081 8
2002£120,333 £1,726 9
2001£104,345 £1,487 13
2000£80,400 £1,423 5
1999£71,717 £1,012 6
1998£68,494 £863 9
1997£62,384 £853 8
1996£60,000 £755 11
1995£55,125 £746 8
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£598,333 £6,202 3
2023£665,938 £4,887 8
2022£762,458 £5,932 6
2021£560,184 £4,268 19
2020£511,500 £3,424 5
2019£473,750 £4,911 6
2018£541,111 £3,962 9
2017£699,375 £5,152 4
2016£668,143 £4,268 7
2015£495,400 £2,943 5
2014£472,245 £3,296 10
2013£486,846 £2,790 13
2012£371,179 £2,569 7
2011£312,496 £2,950 13
2010£254,167 £2,708 3
2009£486,666 £2,573 6
2008£432,000 £2,286 6
2007£358,000 £3,686 11
2006£330,361 £2,458 12
2005£366,889 £2,269 9
2004£282,249 £2,260 10
2003£250,111 £2,582 9
2002£232,999 £1,623 6
2001£206,583 £1,471 12
2000£213,500 £1,403 4
1999£134,694 £1,347 9
1998£135,438 £1,212 8
1997£142,972 £749 9
1996£127,727 £882 13
1995£123,806 £913 8
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£191,0001
2015£128,500 £2,178 1
2014£240,000 £2,963 1
2007£90,0001
1998£44,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£950,000 £9,896 1
2022£1,000,0001
2021£595,0001
2018£5,0001

House Type in ME3 7NH area

The most common house types in the ME3 7NH postcode area are Detached (97), Terraced (18), and Semi-detached (15).

Total130
Detached97
Terraced18
Semi-detached15
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 outright (66), and Owned: Owns with a mortgage or loan (46).

Owned: Owns outright66
Owned: Owns with a mortgage or loan46
Private rented: Private landlord or letting agency12
Social rented: Other social rented3
Private rented: Other private rented3
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the ME3 7NH have 2 people in household (52), and 3 people in household (28).

2 people in household52
3 people in household28
4 people in household25
1 person in household17
5 people in household6
8 or more people in household2
0 people in household0
6 people in household0
7 people in household0