Housing Market Analysis for TOWN ROAD, ME3 7RL

Are you looking to understand ME3 7RL 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 7RL area, explore the ME3 7RL Area information page.
For comprehensive crime statistics in the ME3 7RL area, explore the ME3 7RL Crime Rates page.

Overview of Sold House prices

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

  • Detached
    • The average price is around £526,200 median price is £410,000 Standard Deviation is £379,850 with Total Sold: 5
    • The Last 5 Year average price is £1,255,000 with Total Sold: 1
    • The most recent sale happened at this postcode is EASTCROFT TOWN ROAD: £1,255,000 (Sold on 27 Jan 2023)
    • The first recorded sale happened at this postcode is THE GRANGE TOWN ROAD: £148,000 (Sold on 28 Nov 1996)
  • Other
    • The average price is around £740,000 median price is £740,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is EASTCROFT TOWN ROAD: £740,000 (Sold on 28 Mar 2018)
    • The first recorded sale happened at this postcode is EASTCROFT TOWN ROAD: £740,000 (Sold on 28 Mar 2018)

Sold Price Trend Over the Years:

Below table and chart gives the average ME3 7RL 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£1,255,000 £6,275 1
2016£465,000 £4,646 1
2009£410,000 £1,056 1
2008£353,0001
1996£148,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£740,000 £3,700 1

All the Sales in the TOWN ROAD, ME3 7RL

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

AddressSold DatePrice% Change
EASTCROFT TOWN ROADDetached, FreeholdArea: 200 Sq.mtrAge: 1950-196627 Jan 2023£1,255,00069.59%
28 Mar 2018£740,000First Sale
WESTFIELD TOWN ROADDetached, FreeholdArea: 100.09 Sq.mtrAge: 1900-192909 Nov 2016£465,000First Sale
MORTIMERS FARM TOWN ROADDetached, FreeholdArea: 388.2 Sq.mtrAge: before 190003 Jul 2009£410,000First Sale
STATION BUNGALOW TOWN ROADDetached, Freehold07 Mar 2008£353,000First Sale
THE GRANGE TOWN ROADDetached, Freehold28 Nov 1996£148,000First Sale

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

TOWN ROAD, ME3 7RL Near By properties

Interactive Map

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

  • Detached
    • The average price is around £466,333 median price is £435,000 Standard Deviation is £282,133 with Total Sold: 12
    • The Last 5 Year average price is £691,250 with Total Sold: 4
    • The most recent sale happened at this postcode is , LANGOUSTINI STATION ROAD: £500,000 (Sold on 14 Dec 2023)
    • The first recorded sale happened at this postcode is , THE GRANGE TOWN ROAD: £148,000 (Sold on 28 Nov 1996)
  • Other
    • The average price is around £740,000 median price is £740,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , EASTCROFT TOWN ROAD: £740,000 (Sold on 28 Mar 2018)
    • The first recorded sale happened at this postcode is , EASTCROFT TOWN ROAD: £740,000 (Sold on 28 Mar 2018)
  • Semi-Detached
    • The average price is around £195,417 median price is £125,250 Standard Deviation is £176,750 with Total Sold: 6
    • The most recent sale happened at this postcode is , RECTORY HOUSE RECTORY ROAD: £585,000 (Sold on 14 Sep 2016)
    • The first recorded sale happened at this postcode is 1, RECTORY COTTAGES RECTORY ROAD: £82,000 (Sold on 06 Jan 1998)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£877,500 £5,075 2
2021£550,000 £3,459 1
2020£460,000 £3,770 1
2018£400,000 £3,279 1
2016£465,000 £4,646 1
2012£680,000 £2,194 1
2009£410,000 £1,056 1
2008£353,0001
1999£155,000 £975 1
1996£184,000 £973 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£740,000 £3,700 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£585,0001
2001£133,0001
2000£117,5001
1999£85,0001
1998£126,000 £1,700 2

House Type in ME3 7RL area

The most common house types in the ME3 7RL postcode area are Detached (65), Semi-detached (44), and Terraced (26).

Total144
Detached65
Semi-detached44
Terraced26
Flat7
Shared house2
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 (51).

Owned: Owns outright70
Owned: Owns with a mortgage or loan51
Private rented: Private landlord or letting agency20
Private rented: Other private rented2
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the ME3 7RL have 2 people in household (59), and 1 person in household (35).

2 people in household59
1 person in household35
3 people in household22
4 people in household20
5 people in household7
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0