Housing Market Analysis for REED STREET, ME3 7UN

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

Overview of Sold House prices

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

Terraced
- The average price is around £135,548 median price is £119,995 Standard Deviation is £78,079 with Total Sold: 25
- The Last 5 Year average price is £261,600 with Total Sold: 5
- The most recent sale happened at this postcode is 11 REED STREET: £295,000 (Sold on 20 Jun 2022)
- The first recorded sale happened at this postcode is 22 REED STREET: £43,000 (Sold on 15 Dec 1995)
Detached
- The average price is around £224,143 median price is £250,000 Standard Deviation is £83,958 with Total Sold: 7
- The most recent sale happened at this postcode is 5 REED STREET: £315,000 (Sold on 03 Oct 2014)
- The first recorded sale happened at this postcode is 5 REED STREET: £105,000 (Sold on 18 Jan 2002)
Semi-Detached
- The average price is around £105,643 median price is £138,000 Standard Deviation is £48,154 with Total Sold: 7
- The most recent sale happened at this postcode is 20 REED STREET: £149,000 (Sold on 03 Jul 2007)
- The first recorded sale happened at this postcode is 18A REED STREET: £51,000 (Sold on 31 Jul 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average ME3 7UN 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
2022	£295,000	£3,248	1
2021	£250,000	£3,676	2
2020	£262,000	£2,911	1
2019	£251,000	£4,048	1
2017	£223,000	£2,563	1
2014	£164,500	£2,653	1
2012	£142,500	£1,569	1
2011	£143,700	£1,805	1
2010	£145,500	£1,830	1
2009	£110,000	£1,579	2
2007	£151,000	£2,362	1
2006	£153,000	£1,286	1
2004	£114,000	£1,310	1
2003	£119,995		1
2002	£82,000	£797	2
2000	£65,000	£747	1
1998	£55,000	£756	3
1996	£33,250	£315	2
1995	£43,000	£673	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2014	£315,000	£1,364	1
2012	£290,000		1
2011	£142,000	£3,505	1
2006	£147,000	£3,629	1
2005	£250,000		1
2004	£320,000	£1,385	1
2002	£105,000	£455	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2007	£149,000		1
2006	£158,000	£1,859	1
2005	£143,000		1
2003	£138,000	£1,624	1
1997	£50,250	£574	2
1995	£51,000	£600	1

All the Sales in the REED STREET, ME3 7UN

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

Address	Sold Date	Price	% Change
11 REED STREETTerraced, FreeholdArea: 90.82 Sq.mtrAge: before 1900	20 Jun 2022	£295,000	107.02%
	11 Sep 2012	£142,500	213.19%
	19 Sep 1997	£45,500	First Sale
24 REED STREETTerraced, FreeholdArea: 60 Sq.mtrAge: 1983-1990	04 Feb 2021	£260,000	First Sale
18 REED STREETTerraced, FreeholdArea: 79.51 Sq.mtrAge: before 1900	25 Jan 2021	£240,000	64.95%
	06 Dec 2010	£145,500	32.27%
	22 Oct 2009	£110,000	First Sale
4 REED STREETTerraced, FreeholdArea: 90 Sq.mtrAge: 1950-1966	29 Jul 2020	£262,000	First Sale
8 REED STREETTerraced, FreeholdArea: 62 Sq.mtrAge: before 1900	26 Jul 2019	£251,000	52.58%
	30 Apr 2014	£164,500	49.55%
	25 Nov 2009	£110,000	First Sale
16 REED STREETTerraced, FreeholdArea: 87 Sq.mtrAge: 1900-1929	22 Nov 2017	£223,000	95.61%
	11 Jun 2004	£114,000	62.86%
	16 Sep 2002	£70,000	7.69%
	06 Apr 2000	£65,000	12.07%
	25 Sep 1998	£58,000	First Sale
5 REED STREETDetached, FreeholdArea: 231 Sq.mtrAge: 1991-1995	03 Oct 2014	£315,000	-1.56%
	30 Apr 2004	£320,000	204.76%
	18 Jan 2002	£105,000	First Sale
BULL HOUSE, 2A REED STREETDetached, Freehold	29 Jun 2012	£290,000	16.00%
BULL HOUSE, 2A REED STREETDetached, Freehold	22 Mar 2005	£250,000	First Sale
1 REED STREETDetached, FreeholdArea: 40.51 Sq.mtrAge: 1900-1929	26 Jul 2011	£142,000	-3.40%
	09 Oct 2006	£147,000	First Sale
19 REED STREETTerraced, FreeholdArea: 79.6 Sq.mtrAge: before 1900	18 Mar 2011	£143,700	First Sale
20 REED STREETSemi-Detached, Freehold	03 Jul 2007	£149,000	4.20%
20 REED STREETSemi-Detached, Freehold	30 Sep 2005	£143,000	First Sale
22 REED STREETTerraced, FreeholdArea: 63.94 Sq.mtrAge: 1983-1990	06 Jun 2007	£151,000	179.63%
	20 Feb 1998	£54,000	25.58%
	15 Dec 1995	£43,000	First Sale
18A REED STREETSemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1983-1990	16 May 2006	£158,000	14.49%
	21 Jul 2003	£138,000	150.91%
	16 May 1997	£55,000	7.84%
	31 Jul 1995	£51,000	First Sale
6 REED STREETTerraced, FreeholdArea: 119 Sq.mtrAge: 1900-1929	20 Feb 2006	£153,000	62.77%
	08 Nov 2002	£94,000	150.67%
	22 Nov 1996	£37,500	First Sale
12 REED STREETTerraced, Freehold	04 Aug 2003	£119,995	313.78%
12 REED STREETTerraced, Freehold	23 Feb 1996	£29,000	First Sale
26 REED STREETTerraced, Freehold	21 Oct 1998	£53,000	First Sale

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

REED STREET, ME3 7UN Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £173,458 median price is £158,998 Standard Deviation is £107,285 with Total Sold: 344
- The Last 5 Year average price is £327,777 with Total Sold: 51
- 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 £262,371 median price is £233,000 Standard Deviation is £147,922 with Total Sold: 182
- The Last 5 Year average price is £464,114 with Total Sold: 22
- 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 £153,134 median price is £150,000 Standard Deviation is £81,000 with Total Sold: 246
- The Last 5 Year average price is £262,990 with Total Sold: 39
- 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 £152,000 with Total Sold: 4
- 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	£315,769	£2,903	13
2019	£298,538	£3,327	13
2018	£303,167	£3,469	9
2017	£264,700	£2,419	5
2016	£246,125	£3,295	8
2015	£307,667	£2,989	6
2014	£238,500	£2,758	8
2013	£189,100	£2,270	10
2012	£174,875	£1,990	8
2011	£204,750	£1,931	6
2010	£185,686	£2,155	8
2009	£157,100	£1,914	5
2008	£190,833	£2,332	9
2007	£185,577	£2,194	13
2006	£182,476	£2,161	19
2005	£176,346	£2,147	13
2004	£193,635	£1,793	11
2003	£134,952	£1,484	21
2002	£115,075	£1,311	20
2001	£113,385	£1,299	18
2000	£102,495	£1,104	11
1999	£80,288	£1,087	13
1998	£84,239	£1,086	35
1997	£60,100	£664	14
1996	£53,222	£549	9
1995	£53,750	£639	14

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£427,500		1
2022	£627,500	£2,769	4
2021	£450,111	£3,754	9
2019	£402,750	£3,260	8
2018	£426,667	£2,964	6
2017	£265,000	£3,354	1
2016	£442,000	£3,126	3
2015	£365,167	£2,698	6
2014	£309,861	£2,775	18
2013	£297,500	£2,253	2
2012	£302,500	£2,420	4
2011	£293,667	£2,190	6
2010	£371,833	£2,331	9
2009	£374,998	£1,949	3
2008	£277,500	£2,651	4
2007	£238,795	£2,480	10
2006	£235,375	£2,064	8
2005	£273,738		4
2004	£252,000	£1,871	5
2003	£212,832	£1,565	6
2002	£172,056	£1,371	8
2001	£145,520	£1,126	11
2000	£139,165	£1,336	6
1999	£140,763	£1,107	11
1998	£122,171	£1,123	17
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	£156,375	£2,174	12
2006	£149,812	£1,647	8
2005	£143,800	£1,953	5
2004	£140,062	£1,851	8
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 7UN area

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