Housing Market Analysis for ELM AVENUE, ME3 8LY

Are you looking to understand ME3 8LY 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 8LY area, explore the ME3 8LY Area information page.
For comprehensive crime statistics in the ME3 8LY area, explore the ME3 8LY Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME3 8LY postcode area, The average prices are as follows,

  • Detached
    • The average price is around £262,962 median price is £245,000 Standard Deviation is £122,623 with Total Sold: 13
    • The Last 5 Year average price is £406,667 with Total Sold: 3
    • The most recent sale happened at this postcode is 20 ELM AVENUE: £445,000 (Sold on 18 Dec 2020)
    • The first recorded sale happened at this postcode is 1 ELM AVENUE: £485,000 (Sold on 02 Feb 2024)
  • Semi-Detached
    • The average price is around £170,428 median price is £148,500 Standard Deviation is £75,295 with Total Sold: 7
    • The most recent sale happened at this postcode is 22 ELM AVENUE: £140,000 (Sold on 05 Dec 2008)
    • The first recorded sale happened at this postcode is 27 ELM AVENUE: £60,000 (Sold on 24 Feb 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average ME3 8LY 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£445,000 £5,298 1
2019£290,000 £3,452 1
2016£410,000 £3,565 1
2015£320,000 £2,602 1
2014£245,000 £2,311 1
2013£215,000 £3,359 1
2006£225,000 £3,516 1
2005£218,500 £1,757 2
2004£192,500 £3,008 1
1997£94,000 £618 1
1996£60,0001
2024£485,000 £3,191 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2008£140,000 £1,818 1
2007£248,5002
2006£249,9951
2000£123,0002
1995£60,0001

All the Sales in the ELM AVENUE, ME3 8LY

See the table below for more details on the sold house prices in the ME3 8LY, Medway postcode.

AddressSold DatePrice% Change
20 ELM AVENUEDetached, FreeholdArea: 84 Sq.mtrAge: 1930-194918 Dec 2020£445,00053.45%
14 Jun 2019£290,000First Sale
23 ELM AVENUEDetached, FreeholdArea: 115 Sq.mtrAge: 1950-196616 May 2016£410,000First Sale
21 ELM AVENUEDetached, FreeholdArea: 123 Sq.mtrAge: 1967-197501 May 2015£320,000First Sale
18 ELM AVENUEDetached, FreeholdArea: 106 Sq.mtrAge: 1950-196622 Aug 2014£245,000First Sale
15 ELM AVENUEDetached, FreeholdArea: 64 Sq.mtrAge: 1930-194912 Jul 2013£215,000-4.44%
08 Sep 2006£225,00016.88%
14 Oct 2004£192,500First Sale
22 ELM AVENUESemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1950-196605 Dec 2008£140,000First Sale
1A ELM AVENUESemi-Detached, Freehold16 Nov 2007£282,000First Sale
29 ELM AVENUESemi-Detached, Freehold14 Aug 2007£215,000First Sale
17 ELM AVENUESemi-Detached, Freehold08 Sep 2006£249,995First Sale
11 ELM AVENUEDetached, Freehold19 Dec 2005£170,000First Sale
1 ELM AVENUEDetached, FreeholdArea: 152 Sq.mtrAge: 1976-198214 Oct 2005£267,000184.04%
19 Dec 1997£94,000-80.62%
02 Feb 2024£485,000First Sale
27 ELM AVENUESemi-Detached, Freehold30 Jun 2000£148,500147.50%
24 Feb 1995£60,000First Sale
25 ELM AVENUESemi-Detached, Freehold25 Apr 2000£97,500First Sale
9 ELM AVENUEDetached, Freehold25 Oct 1996£60,000First Sale

Check out the sold house prices near the ME3 8LY postcode. Properties currently for saleProperties currently for rent

ELM AVENUE, ME3 8LY Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME3 8LY 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 8LY postcode.

  • Detached
    • The average price is around £350,224 median price is £355,000 Standard Deviation is £126,236 with Total Sold: 249
    • The Last 5 Year average price is £433,537 with Total Sold: 134
    • The most recent sale happened at this postcode is , 33 SONGBIRD CRESCENT: £475,000 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is , 15 TUDOR GROVE: £107,000 (Sold on 09 Feb 1996)
  • Terraced
    • The average price is around £206,997 median price is £207,000 Standard Deviation is £70,576 with Total Sold: 207
    • The Last 5 Year average price is £274,335 with Total Sold: 35
    • The most recent sale happened at this postcode is , 20 DUNNOCK DRIVE: £370,000 (Sold on 02 Aug 2024)
    • The first recorded sale happened at this postcode is , 7 BALLS COTTAGES: £45,000 (Sold on 26 Jul 1995)
  • Semi-Detached
    • The average price is around £234,753 median price is £225,000 Standard Deviation is £105,954 with Total Sold: 279
    • The Last 5 Year average price is £350,997 with Total Sold: 76
    • The most recent sale happened at this postcode is , 21 CHATTENDEN LANE: £450,000 (Sold on 29 Jul 2024)
    • The first recorded sale happened at this postcode is , 27 ELM AVENUE: £60,000 (Sold on 24 Feb 1995)
  • Flat
    • The average price is around £145,381 median price is £155,000 Standard Deviation is £47,429 with Total Sold: 91
    • The Last 5 Year average price is £168,840 with Total Sold: 25
    • The most recent sale happened at this postcode is , 17 SEARCHLIGHT HEIGHTS: £203,000 (Sold on 26 Jan 2024)
    • The first recorded sale happened at this postcode is , 18 MARGETTS PLACE: £66,500 (Sold on 29 Aug 1997)
  • Other
    • The average price is around £1,537,750 median price is £220,000 Standard Deviation is £2,686,997 with Total Sold: 7
    • The Last 5 Year average price is £498,850 with Total Sold: 5
    • The most recent sale happened at this postcode is , SHAFTESBURY HOMES & ARETHUSA LOWER UPNOR: £775,000 (Sold on 08 Feb 2022)
    • The first recorded sale happened at this postcode is , DELMAR MAIN ROAD: £220,000 (Sold on 15 Sep 2015)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£486,250 £4,260 4
2023£551,250 £4,622 2
2022£477,857 £4,526 7
2021£454,263 £3,641 56
2020£429,568 £3,554 33
2019£377,717 £3,554 32
2018£420,000 £3,529 1
2017£331,000 £3,483 5
2016£374,375 £2,895 8
2015£340,625 £2,845 8
2014£323,333 £2,632 6
2013£221,750 £2,643 3
2012£215,000 £1,837 2
2011£178,750 £3,281 2
2010£248,625 £2,257 8
2009£277,500 £3,226 3
2008£295,300 £2,032 5
2007£273,856 £2,356 7
2006£278,000 £2,196 5
2005£243,955 £2,233 11
2004£272,000 £2,212 6
2003£300,0001
2002£229,458 £1,801 12
2001£152,998 £1,465 3
2000£163,874 £1,032 4
1999£166,099 £1,379 5
1998£124,000 £770 1
1997£110,500 £671 4
1996£87,800 £896 5
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£344,875 £3,417 4
2023£252,500 £4,278 3
2022£285,031 £3,635 8
2021£229,750 £3,531 4
2020£266,250 £3,374 4
2019£266,708 £2,970 12
2018£291,750 £3,204 4
2017£270,429 £3,165 7
2016£261,250 £2,968 12
2015£254,100 £2,602 8
2014£208,500 £2,454 11
2013£193,400 £2,198 5
2012£150,556 £2,107 9
2011£175,750 £2,066 2
2010£213,750 £1,978 4
2009£139,931 £1,729 9
2008£201,917 £2,983 12
2007£211,567 £2,235 45
2006£173,750 £1,767 4
2005£190,118 £2,048 17
2004£187,500 £1,210 1
2003£138,624 £1,630 4
2002£113,000 £1,390 4
2001£79,333 £1,226 3
2000£68,248 £1,109 2
1999£66,498 £882 2
1998£95,000 £968 1
1997£46,500 £738 1
1996£45,000 £450 3
1995£44,500 £577 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£388,125 £3,692 4
2023£440,357 £3,955 7
2022£413,950 £4,258 10
2021£335,643 £3,322 21
2020£326,420 £3,611 15
2019£313,498 £3,166 19
2018£305,500 £3,419 11
2017£293,417 £3,347 6
2016£330,944 £3,297 9
2015£246,750 £2,360 6
2014£240,749 £2,396 4
2013£205,217 £1,887 22
2012£197,955 £1,901 11
2011£170,545 £1,719 11
2010£212,500 £2,215 2
2009£200,000 £2,905 5
2008£205,147 £2,227 17
2007£223,702 £2,352 22
2006£215,717 £2,132 8
2005£199,928 £2,264 14
2004£205,000 £1,880 2
2003£140,666 £1,551 6
2002£147,900 £1,510 5
2001£106,356 £1,074 7
2000£105,750 £881 6
1999£71,0001
1998£69,999 £791 5
1997£72,375 £755 8
1996£65,886 £661 11
1995£63,312 £641 4
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£203,0001
2023£161,650 £2,912 5
2022£222,667 £3,598 3
2021£171,350 £3,000 5
2020£165,150 £2,686 5
2019£143,208 £2,419 6
2018£171,550 £2,929 5
2017£169,357 £3,081 7
2016£142,950 £2,100 5
2015£156,658 £2,805 6
2014£160,000 £2,807 1
2013£127,908 £2,219 6
2011£132,500 £2,177 2
2009£120,000 £2,000 1
2008£141,633 £2,330 6
2007£130,423 £2,360 13
2006£105,000 £1,783 4
2005£143,625 £2,020 4
2003£119,0001
2001£75,000 £1,258 1
2000£69,995 £1,167 1
1999£69,9951
1998£58,000 £973 1
1997£66,5001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£775,0001
2021£1,250,000 £4,386 1
2020£131,624 £2,203 2
2019£206,000 £2,452 1
2016£8,050,0001
2015£220,000 £3,118 1

House Type in ME3 8LY area

The most common house types in the ME3 8LY postcode area are Semi-detached (96), Detached (41), and Terraced (15).

Total160
Semi-detached96
Detached41
Terraced15
Flat6
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 (69), and Owned: Owns with a mortgage or loan (61).

Owned: Owns outright69
Owned: Owns with a mortgage or loan61
Social rented: Other social rented15
Shared ownership: Shared ownership8
Private rented: Private landlord or letting agency6
Private rented: Other private rented4
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the ME3 8LY have 2 people in household (55), and 1 person in household (47).

2 people in household55
1 person in household47
4 people in household27
3 people in household20
5 people in household8
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0