Housing Market Analysis for REED STREET, ME3 7UJ

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

Overview of Sold House prices

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

Terraced
- The average price is around £132,129 median price is £125,000 Standard Deviation is £72,659 with Total Sold: 17
- The Last 5 Year average price is £320,000 with Total Sold: 1
- The most recent sale happened at this postcode is 65 REED STREET: £320,000 (Sold on 25 Aug 2023)
- The first recorded sale happened at this postcode is 80 REED STREET: £39,000 (Sold on 22 Jan 1997)
Detached
- The average price is around £319,167 median price is £322,500 Standard Deviation is £106,863 with Total Sold: 6
- The Last 5 Year average price is £455,000 with Total Sold: 1
- The most recent sale happened at this postcode is 77 REED STREET: £455,000 (Sold on 12 Feb 2021)
- The first recorded sale happened at this postcode is 70 REED STREET: £168,000 (Sold on 19 Aug 2002)
Semi-Detached
- The average price is around £136,333 median price is £145,000 Standard Deviation is £73,147 with Total Sold: 6
- The Last 5 Year average price is £250,000 with Total Sold: 1
- The most recent sale happened at this postcode is 78 REED STREET: £250,000 (Sold on 20 Aug 2020)
- The first recorded sale happened at this postcode is 60 REED STREET: £43,000 (Sold on 14 Jun 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average ME3 7UJ 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	£320,000	£4,156	1
2019	£230,000	£2,785	1
2016	£208,498	£2,876	2
2013	£152,000	£2,375	1
2010	£150,000	£1,860	1
2006	£122,000	£1,906	1
2003	£129,500	£1,703	3
2002	£96,950	£1,174	1
2001	£73,583	£1,049	3
1998	£55,000	£717	2
1997	£39,000	£484	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£455,000	£3,447	1
2015	£440,000	£2,000	1
2014	£322,500	£2,443	2
2006	£207,000		1
2002	£168,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£250,000	£2,841	1
2010	£180,000	£1,500	1
2003	£175,000	£1,458	1
2000	£115,000	£1,264	1
1997	£55,000	£604	1
1995	£43,000	£473	1

All the Sales in the REED STREET, ME3 7UJ

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

Address	Sold Date	Price	% Change
65 REED STREETTerraced, FreeholdArea: 77 Sq.mtrAge: 1950-1966	25 Aug 2023	£320,000	134.43%
	29 Nov 2003	£136,500	First Sale
77 REED STREETDetached, FreeholdArea: 132 Sq.mtr	12 Feb 2021	£455,000	40.00%
77 REED STREETDetached, FreeholdArea: 132 Sq.mtr	26 Mar 2014	£325,000	First Sale
78 REED STREETSemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1950-1966	20 Aug 2020	£250,000	First Sale
69 REED STREETTerraced, FreeholdArea: 82.59 Sq.mtrAge: before 1900	08 Feb 2019	£230,000	5.99%
	09 Sep 2016	£217,000	123.83%
	10 May 2002	£96,950	67.16%
	14 Aug 1998	£58,000	First Sale
84 REED STREETTerraced, FreeholdArea: 64 Sq.mtrAge: 1900-1929	15 Apr 2016	£199,995	31.58%
	25 Jan 2013	£152,000	24.59%
	03 Jul 2006	£122,000	First Sale
76 REED STREETDetached, FreeholdArea: 220 Sq.mtrAge: 1976-1982	27 Apr 2015	£440,000	First Sale
79 REED STREETDetached, FreeholdArea: 132 Sq.mtr	21 Mar 2014	£320,000	First Sale
75 REED STREETSemi-Detached, FreeholdArea: 120 Sq.mtrAge: 1950-1966	15 Oct 2010	£180,000	2.86%
	17 Oct 2003	£175,000	First Sale
80 REED STREETTerraced, FreeholdArea: 80.64 Sq.mtrAge: before 1900	15 Oct 2010	£150,000	18.11%
	09 May 2003	£127,000	225.64%
	22 Jan 1997	£39,000	First Sale
70 REED STREETDetached, Freehold	13 Sep 2006	£207,000	23.21%
70 REED STREETDetached, Freehold	19 Aug 2002	£168,000	First Sale
86 REED STREETTerraced, FreeholdArea: 71 Sq.mtrAge: before 1900	10 Sep 2003	£125,000	81.82%
	19 Jan 2001	£68,750	32.21%
	24 Jul 1998	£52,000	First Sale
82 REED STREETTerraced, FreeholdArea: 65.48 Sq.mtrAge: before 1900	08 Oct 2001	£74,000	First Sale
88 REED STREETTerraced, Freehold	01 Feb 2001	£78,000	First Sale
60 REED STREETSemi-Detached, FreeholdArea: 91 Sq.mtrAge: before 1900	15 Jun 2000	£115,000	109.09%
	03 Feb 1997	£55,000	27.91%
	14 Jun 1995	£43,000	First Sale

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

REED STREET, ME3 7UJ Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £174,855 median price is £159,995 Standard Deviation is £109,411 with Total Sold: 321
- The Last 5 Year average price is £339,746 with Total Sold: 37
- 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 , 24 CHURCH CLOSE: £70,000 (Sold on 27 Jan 1995)
Detached
- The average price is around £263,147 median price is £233,000 Standard Deviation is £148,910 with Total Sold: 164
- The Last 5 Year average price is £489,115 with Total Sold: 13
- The most recent sale happened at this postcode is , 43 REED STREET: £427,500 (Sold on 22 Aug 2024)
- The first recorded sale happened at this postcode is , 10 WHARF LANE: £46,000 (Sold on 27 Apr 1995)
Terraced
- The average price is around £153,101 median price is £149,000 Standard Deviation is £81,330 with Total Sold: 244
- The Last 5 Year average price is £280,144 with Total Sold: 32
- The most recent sale happened at this postcode is , 52 ROOKERY CRESCENT: £258,500 (Sold on 12 Apr 2024)
- The first recorded sale happened at this postcode is , 44 CHANCERY ROAD: £50,000 (Sold on 16 Feb 1995)
Other
- The average price is around £5,974,162 median price is £377,500 Standard Deviation is £13,892,238 with Total Sold: 7
- The Last 5 Year average price is £10,114,783 with Total Sold: 4
- The most recent sale happened at this postcode is , THE TEMPERANCE CLUB, 162 CHURCH STREET: £80,133 (Sold on 30 Nov 2023)
- The first recorded sale happened at this postcode is , 3 HENRY PYE PLACE: £425,000 (Sold on 30 Sep 2016)
Flat
- The average price is around £90,023 median price is £90,748 Standard Deviation is £42,291 with Total Sold: 26
- The Last 5 Year average price is £166,667 with Total Sold: 3
- The most recent sale happened at this postcode is , 32 ROOKERY CRESCENT: £160,000 (Sold on 03 Sep 2021)
- The first recorded sale happened at this postcode is , 50 QUICKRELLS AVENUE: £20,000 (Sold on 31 Oct 1997)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£339,822	£2,979	5
2023	£329,562	£4,000	8
2022	£377,667	£4,220	6
2021	£354,833	£3,588	6
2020	£320,000	£2,956	12
2019	£298,538	£3,327	13
2018	£303,167	£3,469	9
2017	£265,875	£2,469	4
2016	£250,571	£3,372	7
2015	£325,200	£3,061	5
2014	£243,571	£2,798	7
2013	£189,100	£2,270	10
2012	£177,714	£2,004	7
2011	£196,375	£1,775	4
2010	£185,686	£2,155	8
2009	£157,100	£1,914	5
2008	£190,833	£2,332	9
2007	£185,208	£2,164	12
2006	£182,891	£2,163	18
2005	£174,541	£2,108	12
2004	£193,635	£1,793	11
2003	£134,000	£1,484	20
2002	£112,973	£1,311	19
2001	£113,701	£1,289	17
2000	£110,105	£1,104	9
1999	£80,288	£1,087	13
1998	£80,859	£1,074	33
1997	£58,809	£660	11
1996	£53,125	£529	8
1995	£47,500	£617	13

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£427,500		1
2022	£626,667	£2,674	3
2021	£450,111	£3,754	9
2019	£422,000	£3,226	6
2018	£460,000	£2,964	5
2017	£265,000	£3,354	1
2016	£442,000	£3,126	3
2015	£365,167	£2,698	6
2014	£314,559	£2,752	17
2013	£185,000	£2,176	1
2012	£302,500	£2,420	4
2011	£293,667	£2,190	6
2010	£387,687	£2,341	8
2009	£355,000		1
2008	£277,500	£2,651	4
2007	£255,181	£2,661	8
2006	£233,500	£2,064	7
2005	£311,650		3
2004	£252,000	£1,871	5
2003	£212,832	£1,565	6
2002	£172,056	£1,371	8
2001	£150,079	£1,205	9
2000	£139,165	£1,336	6
1999	£139,840	£1,107	10
1998	£124,760	£1,144	15
1997	£117,107	£1,154	7
1996	£84,000		1
1995	£57,250	£450	4

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£287,867		3
2023	£275,000	£3,653	2
2022	£268,944	£3,425	9
2021	£292,318	£3,284	11
2020	£273,571	£3,201	7
2019	£184,571	£2,488	7
2018	£246,300	£3,083	5
2017	£276,818	£3,329	4
2016	£223,249	£3,004	8
2015	£206,929	£2,461	7
2014	£223,900	£2,391	15
2013	£157,900	£1,895	10
2012	£155,312	£1,783	8
2011	£146,814	£2,093	7
2010	£155,048	£1,957	10
2009	£142,500	£1,848	5
2008	£159,667	£1,657	3
2007	£156,273	£2,208	11
2006	£149,812	£1,647	8
2005	£143,800	£1,953	5
2004	£137,642	£1,838	7
2003	£118,166	£1,667	9
2002	£103,078	£1,197	12
2001	£92,183	£1,062	15
2000	£77,335	£887	6
1999	£74,827	£902	11
1998	£56,128	£737	18
1997	£47,094	£516	10
1996	£46,250	£569	6
1995	£49,600	£610	5

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£228,816	£2,658	2
2022	£1,500		1
2020	£40,000,000	£540,541	1
2018	£585,000	£3,874	1
2016	£387,500	£3,157	2

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£160,000	£3,404	1
2020	£170,000		2
2019	£108,000	£2,118	1
2018	£131,000	£2,577	1
2015	£145,000		1
2014	£123,750		2
2013	£97,000	£1,919	2
2011	£86,500	£1,705	1
2007	£102,000	£2,028	1
2004	£84,500	£1,600	3
2003	£90,748		2
2002	£55,032	£951	3
2001	£49,000	£1,007	2
2000	£41,500	£825	1
1997	£29,000	£621	3

House Type in ME3 7UJ area

The most common house types in the ME3 7UJ postcode area are Terraced (63), Semi-detached (46), and Detached (29).

Total	153
Terraced	63
Semi-detached	46
Detached	29
Flat	7
Shared house	6
converted building	2
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 (64), and Owned: Owns outright (48).

Owned: Owns with a mortgage or loan	64
Owned: Owns outright	48
Private rented: Private landlord or letting agency	27
Social rented: Other social rented	9
Social rented: Rents from council or Local Authority	4
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the ME3 7UJ have 2 people in household (53), and 1 person in household (34).

2 people in household	53
1 person in household	34
3 people in household	29
4 people in household	26
5 people in household	8
6 people in household	3
0 people in household	0
7 people in household	0
8 or more people in household	0