Housing Market Analysis for NEW ROAD, ME3 7SL

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

Overview of Sold House prices

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

Terraced
- The average price is around £157,449 median price is £159,050 Standard Deviation is £92,643 with Total Sold: 8
- The Last 5 Year average price is £370,000 with Total Sold: 1
- The most recent sale happened at this postcode is 42 NEW ROAD: £370,000 (Sold on 21 Jul 2023)
- The first recorded sale happened at this postcode is 42 NEW ROAD: £58,500 (Sold on 30 Nov 1995)
Semi-Detached
- The average price is around £159,409 median price is £165,000 Standard Deviation is £87,209 with Total Sold: 33
- The Last 5 Year average price is £320,000 with Total Sold: 4
- The most recent sale happened at this postcode is 34 NEW ROAD: £405,000 (Sold on 12 May 2022)
- The first recorded sale happened at this postcode is 14 NEW ROAD: £51,000 (Sold on 23 Feb 1995)
Detached
- The average price is around £191,425 median price is £185,750 Standard Deviation is £97,246 with Total Sold: 4
- The Last 5 Year average price is £334,200 with Total Sold: 1
- The most recent sale happened at this postcode is 10 NEW ROAD: £334,200 (Sold on 08 Feb 2019)
- The first recorded sale happened at this postcode is 27 NEW ROAD: £60,000 (Sold on 16 Jun 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average ME3 7SL 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£370,000	£3,524	1
2014	£170,000	£2,179	1
2012	£150,000	£1,935	1
2007	£168,100	£2,168	1
2006	£186,000	£1,771	1
2000	£84,995	£1,096	1
1999	£72,000	£661	1
1995	£58,500	£557	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£405,000	£4,709	1
2021	£325,000	£4,392	1
2020	£275,000	£3,235	1
2019	£275,000	£3,354	1
2017	£260,000	£3,171	1
2016	£250,000	£3,086	1
2015	£196,500	£2,519	2
2013	£172,500	£1,806	2
2012	£140,000	£1,663	2
2011	£235,000	£2,109	1
2010	£165,000	£1,988	1
2007	£198,000	£2,415	1
2006	£192,500	£1,795	2
2005	£182,500	£2,005	2
2004	£153,000		1
2002	£88,167	£1,114	3
2001	£105,000		1
1999	£73,333	£937	3
1997	£62,749	£765	4
1996	£60,000		1
1995	£51,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£334,200	£4,707	1
2011	£178,500	£2,323	1
2008	£193,000		1
1998	£60,000		1

All the Sales in the NEW ROAD, ME3 7SL

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

Address	Sold Date	Price	% Change
42 NEW ROADTerraced, FreeholdArea: 105 Sq.mtrAge: 1967-1975	21 Jul 2023	£370,000	98.92%
	02 Nov 2006	£186,000	217.95%
	30 Nov 1995	£58,500	First Sale
34 NEW ROADSemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1967-1975	12 May 2022	£405,000	138.24%
	22 Apr 2013	£170,000	47.83%
	16 Aug 2012	£115,000	142.11%
	11 Jan 2002	£47,500	First Sale
48 NEW ROADSemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1950-1966	29 Sep 2021	£325,000	54.76%
	27 May 2015	£210,000	First Sale
31 NEW ROADSemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1967-1975	15 Oct 2020	£275,000	First Sale
35 NEW ROADSemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1967-1975	06 Jun 2019	£275,000	5.77%
	26 Jan 2017	£260,000	31.31%
	20 Dec 2007	£198,000	First Sale
10 NEW ROADDetached, FreeholdArea: 71 Sq.mtrAge: 1967-1975	08 Feb 2019	£334,200	First Sale
22 NEW ROADSemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1950-1966	16 Sep 2016	£250,000	First Sale
33 NEW ROADSemi-Detached, FreeholdArea: 83.16 Sq.mtrAge: 1967-1975	27 Aug 2015	£183,000	66.36%
	05 Jun 2002	£110,000	First Sale
18 NEW ROADTerraced, FreeholdArea: 78 Sq.mtrAge: 1976-1982	30 Jun 2014	£170,000	First Sale
50 NEW ROADSemi-Detached, FreeholdArea: 107 Sq.mtrAge: 1967-1975	30 Oct 2013	£175,000	0.0
	02 Dec 2005	£175,000	First Sale
40 NEW ROADTerraced, FreeholdArea: 77.52 Sq.mtrAge: 1967-1975	28 Sep 2012	£150,000	-10.77%
	29 Jun 2007	£168,100	97.78%
	29 Sep 2000	£84,995	First Sale
24 NEW ROADSemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1967-1975	22 Mar 2012	£165,000	0.0
	08 Jul 2010	£165,000	153.87%
	07 Aug 1997	£64,995	First Sale
13 NEW ROADDetached, FreeholdArea: 76.84 Sq.mtrAge: 1950-1966	25 Nov 2011	£178,500	First Sale
44 NEW ROADSemi-Detached, FreeholdArea: 111.41 Sq.mtrAge: 1950-1966	24 Jun 2011	£235,000	17.50%
	07 Apr 2006	£200,000	First Sale
27 NEW ROADDetached, Freehold	25 Mar 2008	£193,000	221.67%
27 NEW ROADDetached, Freehold	16 Jun 1998	£60,000	First Sale
26 NEW ROADSemi-Detached, Freehold	28 Jul 2006	£185,000	20.92%
26 NEW ROADSemi-Detached, Freehold	18 Jun 2004	£153,000	First Sale
17 NEW ROADSemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1967-1975	25 Jan 2005	£190,000	196.88%
	12 Dec 1997	£64,000	12.28%
	08 Aug 1997	£57,000	First Sale
21 NEW ROADSemi-Detached, FreeholdArea: 73 Sq.mtrAge: 1950-1966	03 Jan 2002	£107,000	First Sale
30 NEW ROADSemi-Detached, Freehold	29 Jan 2001	£105,000	First Sale
38 NEW ROADSemi-Detached, Freehold	17 Dec 1999	£72,000	First Sale
20 NEW ROADTerraced, FreeholdArea: 109 Sq.mtrAge: 1967-1975	17 Dec 1999	£72,000	First Sale
23 NEW ROADSemi-Detached, FreeholdArea: 78 Sq.mtrAge: 1950-1966	25 Oct 1999	£72,000	First Sale
19 NEW ROADSemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1967-1975	06 Oct 1999	£76,000	First Sale
32 NEW ROADSemi-Detached, Freehold	28 Nov 1997	£65,000	First Sale
29 NEW ROADSemi-Detached, Freehold	04 Oct 1996	£60,000	First Sale
14 NEW ROADSemi-Detached, Freehold	23 Feb 1995	£51,000	First Sale

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

NEW ROAD, ME3 7SL Near By properties

Interactive Map

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

Terraced
- The average price is around £134,885 median price is £133,750 Standard Deviation is £69,355 with Total Sold: 164
- The Last 5 Year average price is £242,250 with Total Sold: 18
- The most recent sale happened at this postcode is , 6 HIGHAM ROAD: £272,000 (Sold on 05 Sep 2024)
- The first recorded sale happened at this postcode is , 13 COOLING ROAD: £40,000 (Sold on 23 Feb 1995)
Semi-Detached
- The average price is around £165,068 median price is £154,000 Standard Deviation is £92,349 with Total Sold: 195
- The Last 5 Year average price is £310,160 with Total Sold: 25
- The most recent sale happened at this postcode is , 111 CHURCH STREET: £230,000 (Sold on 04 Sep 2024)
- The first recorded sale happened at this postcode is , 16 STATION ROAD: £52,500 (Sold on 13 Jan 1995)
Detached
- The average price is around £262,964 median price is £235,000 Standard Deviation is £154,982 with Total Sold: 114
- The Last 5 Year average price is £509,362 with Total Sold: 13
- The most recent sale happened at this postcode is , GRACELAND SYMONDS ROAD: £830,000 (Sold on 23 Aug 2023)
- The first recorded sale happened at this postcode is , SUNNYMEAD SYMONDS ROAD: £84,000 (Sold on 18 Oct 1996)
Other
- The average price is around £260,000 median price is £260,000 Standard Deviation is £90,000 with Total Sold: 2
- The Last 5 Year average price is £170,000 with Total Sold: 1
- The most recent sale happened at this postcode is , LILY ROSE SYMONDS ROAD: £170,000 (Sold on 27 Sep 2021)
- The first recorded sale happened at this postcode is , 132 CHURCH STREET: £350,000 (Sold on 16 Dec 2016)
Flat
- The average price is around £147,250 median price is £147,250 Standard Deviation is £30,750 with Total Sold: 2
- The most recent sale happened at this postcode is , 43A CHURCH STREET: £178,000 (Sold on 09 Jul 2018)
- The first recorded sale happened at this postcode is , 43A CHURCH STREET: £116,500 (Sold on 26 Aug 2008)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£272,000		1
2023	£307,000	£3,799	3
2022	£272,500	£7,066	2
2021	£220,500	£3,422	4
2020	£209,500	£2,924	4
2019	£225,625	£2,881	4
2018	£232,000	£4,932	3
2017	£234,221	£2,967	8
2016	£206,136	£3,003	5
2015	£158,333	£3,489	3
2014	£162,286	£2,193	7
2013	£151,667	£2,107	3
2012	£149,312	£2,020	8
2010	£132,333	£1,698	3
2008	£148,750	£1,928	4
2007	£159,145	£2,147	11
2006	£150,800	£2,026	10
2005	£140,499	£2,187	5
2004	£131,318	£1,691	11
2003	£122,915	£1,580	6
2002	£100,700	£1,205	5
2001	£72,450	£918	10
2000	£73,667	£1,052	9
1999	£62,409	£745	11
1998	£53,886	£745	11
1997	£50,475	£663	2
1996	£43,883	£614	9
1995	£49,250	£577	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£230,000		1
2023	£328,333	£4,101	3
2022	£332,300	£3,239	5
2021	£323,900	£4,031	5
2020	£293,600	£2,946	5
2019	£298,333	£3,371	6
2018	£313,000	£3,609	3
2017	£269,700	£3,081	10
2016	£273,000	£3,258	5
2015	£204,333	£2,580	3
2014	£189,750	£2,476	2
2013	£187,100	£1,938	5
2012	£171,714	£1,850	7
2011	£199,875	£2,023	8
2010	£215,000	£2,264	4
2009	£132,500	£1,461	2
2008	£175,000	£2,144	3
2007	£198,833	£2,300	6
2006	£198,100	£2,115	10
2005	£167,500	£2,534	8
2004	£143,700	£3,024	3
2003	£152,000		2
2002	£111,272	£1,365	11
2001	£112,572	£1,386	11
2000	£104,814	£1,118	11
1999	£75,409	£924	11
1998	£89,532	£1,054	17
1997	£70,033	£772	12
1996	£58,625	£655	8
1995	£66,125	£676	8

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£595,000	£4,087	3
2022	£765,000	£2,864	2
2021	£444,375	£3,323	4
2019	£382,300	£3,620	4
2018	£503,333	£3,276	3
2017	£335,000	£3,292	3
2016	£417,500	£3,179	2
2015	£375,000	£2,269	2
2014	£328,000	£2,900	4
2013	£285,000	£2,386	3
2012	£272,667	£2,196	6
2011	£294,500	£2,005	3
2010	£286,667	£1,965	3
2009	£312,498	£2,011	3
2008	£239,000	£2,457	2
2007	£230,929	£2,117	7
2006	£297,750	£1,949	4
2005	£302,492	£2,276	6
2004	£303,500	£1,402	2
2003	£238,187	£1,558	8
2002	£185,000	£1,142	1
2001	£165,857	£932	7
2000	£128,874	£1,210	8
1999	£129,999	£989	5
1998	£109,382	£1,092	11
1997	£120,729	£1,016	7
1996	£84,000		1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£170,000	£1,189	1
2016	£350,000	£3,500	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£178,000	£3,358	1
2008	£116,500	£2,198	1

House Type in ME3 7SL area

The most common house types in the ME3 7SL postcode area are Semi-detached (55), Detached (49), and Terraced (31).

Total	135
Semi-detached	55
Detached	49
Terraced	31
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (66), and Owned: Owns outright (52).

Owned: Owns with a mortgage or loan	66
Owned: Owns outright	52
Private rented: Private landlord or letting agency	11
Private rented: Other private rented	2
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the ME3 7SL have 2 people in household (47), and 4 people in household (27).

2 people in household	47
4 people in household	27
1 person in household	26
3 people in household	25
5 people in household	8
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0