Housing Market Analysis for WELL PENN ROAD, ME3 7SD

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £213,250 median price is £221,250 Standard Deviation is £128,051 with Total Sold: 6
    • The Last 5 Year average price is £360,000 with Total Sold: 1
    • The most recent sale happened at this postcode is PENINSULA COTTAGE WELL PENN ROAD: £360,000 (Sold on 14 Jun 2023)
    • The first recorded sale happened at this postcode is CLIFFE COTTAGE WELL PENN ROAD: £58,000 (Sold on 07 Feb 2001)
  • Detached
    • The average price is around £225,000 median price is £225,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is SPADGERS COTTAGE WELL PENN ROAD: £225,000 (Sold on 23 Oct 2015)
    • The first recorded sale happened at this postcode is SPADGERS COTTAGE WELL PENN ROAD: £225,000 (Sold on 23 Oct 2015)

Sold Price Trend Over the Years:

Below table and chart gives the average ME3 7SD 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£360,000 £4,675 1
2015£340,000 £4,000 1
2008£317,5001
2002£125,000 £1,471 1
2001£68,5002
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£225,000 £3,750 1

All the Sales in the WELL PENN ROAD, ME3 7SD

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

AddressSold DatePrice% Change
PENINSULA COTTAGE WELL PENN ROADSemi-Detached, FreeholdArea: 77 Sq.mtrAge: before 190014 Jun 2023£360,000First Sale
SPADGERS COTTAGE WELL PENN ROADDetached, FreeholdArea: 60 Sq.mtrAge: 1930-194923 Oct 2015£225,000First Sale
HEATHCLIFF COTTAGE WELL PENN ROADSemi-Detached, FreeholdArea: 85 Sq.mtrAge: before 190009 Jan 2015£340,000172.00%
31 Jan 2002£125,000First Sale
CLIFFE COTTAGE WELL PENN ROADSemi-Detached, Freehold19 Jun 2008£317,500301.90%
18 Apr 2001£79,00036.21%
07 Feb 2001£58,000First Sale

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

WELL PENN ROAD, ME3 7SD Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £202,500 median price is £125,000 Standard Deviation is £130,411 with Total Sold: 11
    • The Last 5 Year average price is £372,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , PENINSULA COTTAGE WELL PENN ROAD: £360,000 (Sold on 14 Jun 2023)
    • The first recorded sale happened at this postcode is , 2 MAPLE COTTAGES: £57,000 (Sold on 10 Mar 1995)
  • Terraced
    • The average price is around £96,333 median price is £65,000 Standard Deviation is £61,589 with Total Sold: 9
    • The Last 5 Year average price is £186,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 2 MORNING CROSS COTTAGES: £186,000 (Sold on 19 Jun 2020)
    • The first recorded sale happened at this postcode is , 1 MORNING CROSS COTTAGES: £28,000 (Sold on 29 Nov 1996)
  • Detached
    • The average price is around £257,833 median price is £225,000 Standard Deviation is £111,350 with Total Sold: 9
    • The Last 5 Year average price is £490,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , OAST COTTAGE STATION ROAD: £490,000 (Sold on 04 May 2020)
    • The first recorded sale happened at this postcode is , ALMOND LODGE STATION ROAD: £193,500 (Sold on 12 Jun 1998)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£360,000 £4,675 1
2020£385,000 £3,377 1
2016£310,0001
2015£340,000 £4,000 1
2008£317,5001
2002£125,000 £1,471 1
2001£68,5002
2000£90,000 £833 1
1999£106,000 £930 1
1995£57,000 £528 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£186,000 £3,577 1
2013£150,000 £2,206 1
2007£174,000 £2,559 1
2004£140,0001
2001£56,250 £677 2
1998£38,2502
1996£28,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£490,000 £3,310 1
2015£225,000 £3,750 1
2014£228,500 £2,091 2
2012£380,000 £2,567 1
2000£305,0001
1999£165,000 £1,115 1
1998£149,250 £1,201 2

House Type in ME3 7SD area

The most common house types in the ME3 7SD 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 7SD 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