Housing Market Analysis for SALT LANE, ME3 7SU

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £127,234 median price is £114,000 Standard Deviation is £85,883 with Total Sold: 15
    • The Last 5 Year average price is £227,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2, WALNUT TREE COTTAGES SALT LANE: £227,000 (Sold on 22 May 2020)
    • The first recorded sale happened at this postcode is 7, CLIFFE VILLE SALT LANE: £51,000 (Sold on 26 May 1995)
  • Other
    • The average price is around £1,045,877 median price is £1,045,877 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is TARMAC TRUPAK SALT LANE: £1,045,877 (Sold on 18 Dec 2018)
    • The first recorded sale happened at this postcode is TARMAC TRUPAK SALT LANE: £1,045,877 (Sold on 18 Dec 2018)

Sold Price Trend Over the Years:

Below table and chart gives the average ME3 7SU 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
2020£227,000 £3,426 1
2018£225,000 £3,436 1
2016£182,000 £2,779 1
2013£120,000 £1,811 1
2012£120,000 £1,833 1
2004£242,750 £1,838 2
2003£112,500 £1,699 2
2000£59,1091
1999£54,0002
1998£52,950 £804 2
1995£51,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£1,045,8771

All the Sales in the SALT LANE, ME3 7SU

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

AddressSold DatePrice% Change
2, WALNUT TREE COTTAGES SALT LANETerraced, FreeholdArea: 66.25 Sq.mtrAge: before 190022 May 2020£227,00089.17%
16 May 2013£120,000126.63%
19 Oct 1998£52,950First Sale
TARMAC TRUPAK SALT LANEOther, Freehold18 Dec 2018£1,045,877First Sale
4, WALNUT TREE COTTAGES SALT LANETerraced, FreeholdArea: 65.48 Sq.mtrAge: before 190013 Dec 2018£225,00023.63%
18 Nov 2016£182,00051.67%
28 May 2012£120,0008.11%
30 May 2003£111,000109.63%
09 Oct 1998£52,950First Sale
7, CLIFFE VILLE SALT LANETerraced, Freehold25 Aug 2004£362,500513.27%
14 Sep 2000£59,10915.90%
26 May 1995£51,000First Sale
3, WALNUT TREE COTTAGES SALT LANETerraced, FreeholdArea: 66.92 Sq.mtrAge: before 190002 Jul 2004£123,0007.89%
28 Nov 2003£114,000First Sale
5, WALNUT TREE COTTAGES SALT LANETerraced, Freehold29 Jan 1999£54,000First Sale
1, WALNUT TREE COTTAGES SALT LANETerraced, Freehold22 Jan 1999£54,000First Sale

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

SALT LANE, ME3 7SU Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £127,234 median price is £114,000 Standard Deviation is £85,883 with Total Sold: 15
    • The Last 5 Year average price is £227,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2, WALNUT TREE COTTAGES SALT LANE: £227,000 (Sold on 22 May 2020)
    • The first recorded sale happened at this postcode is 7, CLIFFE VILLE SALT LANE: £51,000 (Sold on 26 May 1995)
  • Other
    • The average price is around £1,045,877 median price is £1,045,877 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , TARMAC TRUPAK SALT LANE: £1,045,877 (Sold on 18 Dec 2018)
    • The first recorded sale happened at this postcode is , TARMAC TRUPAK SALT LANE: £1,045,877 (Sold on 18 Dec 2018)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£227,000 £3,426 1
2018£225,000 £3,436 1
2016£182,000 £2,779 1
2013£120,000 £1,811 1
2012£120,000 £1,833 1
2004£242,750 £1,838 2
2003£112,500 £1,699 2
2000£59,1091
1999£54,0002
1998£52,950 £804 2
1995£51,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£1,045,8771

House Type in ME3 7SU area

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