Housing Market Analysis for BURROWS LANE, ME3 9RN

Are you looking to understand ME3 9RN 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 9RN area, explore the ME3 9RN Area information page.
For comprehensive crime statistics in the ME3 9RN area, explore the ME3 9RN Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME3 9RN postcode area, The average prices are as follows,

  • Other
    • The average price is around £84,000 median price is £84,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £84,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 16 BURROWS LANE: £84,000 (Sold on 08 Sep 2021)
    • The first recorded sale happened at this postcode is 16 BURROWS LANE: £84,000 (Sold on 08 Sep 2021)
  • Detached
    • The average price is around £201,833 median price is £167,500 Standard Deviation is £109,561 with Total Sold: 12
    • The Last 5 Year average price is £410,000 with Total Sold: 1
    • The most recent sale happened at this postcode is HOMESIDE BURROWS LANE: £410,000 (Sold on 02 Oct 2020)
    • The first recorded sale happened at this postcode is 18 BURROWS LANE: £82,500 (Sold on 04 Jan 1996)
  • Terraced
    • The average price is around £81,416 median price is £73,750 Standard Deviation is £33,231 with Total Sold: 12
    • The most recent sale happened at this postcode is 5 BURROWS LANE: £109,000 (Sold on 14 Nov 2011)
    • The first recorded sale happened at this postcode is 3 BURROWS LANE: £41,000 (Sold on 28 Mar 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average ME3 9RN 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£84,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£410,000 £2,433 1
2017£297,000 £2,685 1
2016£295,000 £2,389 1
2015£347,000 £2,059 1
2011£250,000 £2,051 1
2006£115,000 £682 1
2005£198,0001
2002£137,0001
2001£90,000 £534 1
1999£115,000 £931 1
1996£84,000 £685 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2011£109,000 £1,447 1
2008£130,0001
2006£126,5002
2002£95,9951
2001£77,000 £1,022 1
1999£64,5002
1998£47,2502
1997£47,500 £630 1
1995£41,0001

All the Sales in the BURROWS LANE, ME3 9RN

See the table below for more details on the sold house prices in the ME3 9RN, Medway postcode.

AddressSold DatePrice% Change
16 BURROWS LANEOther, Freehold08 Sep 2021£84,000First Sale
HOMESIDE BURROWS LANEDetached, FreeholdArea: 168.52 Sq.mtrAge: 2003-200602 Oct 2020£410,00018.16%
14 Dec 2015£347,000201.74%
18 Apr 2006£115,00027.78%
16 Nov 2001£90,000First Sale
10 BURROWS LANEDetached, FreeholdArea: 110.6 Sq.mtrAge: 1991-199523 May 2017£297,000First Sale
18 BURROWS LANEDetached, FreeholdArea: 123.5 Sq.mtrAge: 1983-199031 Mar 2016£295,000156.52%
08 Dec 1999£115,00039.39%
04 Jan 1996£82,500First Sale
5 BURROWS LANETerraced, FreeholdArea: 75.34 Sq.mtrAge: 1976-198214 Nov 2011£109,00041.56%
07 Nov 2001£77,00062.11%
29 Aug 1997£47,500First Sale
12 BURROWS LANEDetached, FreeholdArea: 121.92 Sq.mtrAge: 1991-199527 Sep 2011£250,000192.40%
15 Mar 1996£85,500First Sale
3 BURROWS LANETerraced, Freehold25 Jun 2008£130,00035.42%
29 Apr 2002£95,99564.09%
25 Oct 1999£58,50040.96%
27 Mar 1998£41,5001.22%
28 Mar 1995£41,000First Sale
4 BURROWS LANETerraced, Freehold03 Jul 2006£125,000First Sale
2 BURROWS LANETerraced, Freehold27 Jan 2006£128,000First Sale
14 BURROWS LANEDetached, Freehold07 Jul 2005£198,00044.53%
17 May 2002£137,000First Sale
7 BURROWS LANETerraced, Freehold13 Oct 1999£70,50033.02%
06 Mar 1998£53,000First Sale

Check out the sold house prices near the ME3 9RN postcode. Properties currently for saleProperties currently for rent

BURROWS LANE, ME3 9RN Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME3 9RN 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 9RN postcode.

  • Terraced
    • The average price is around £132,768 median price is £126,000 Standard Deviation is £71,687 with Total Sold: 192
    • The Last 5 Year average price is £243,009 with Total Sold: 28
    • The most recent sale happened at this postcode is , 49 MALLARD WAY: £265,000 (Sold on 20 Jun 2024)
    • The first recorded sale happened at this postcode is , 2 ANCHORAGE CLOSE: £42,500 (Sold on 20 Jan 1995)
  • Semi-Detached
    • The average price is around £164,287 median price is £162,500 Standard Deviation is £85,380 with Total Sold: 69
    • The Last 5 Year average price is £280,558 with Total Sold: 13
    • The most recent sale happened at this postcode is , 10 SHEPHERDS WAY: £285,000 (Sold on 01 Mar 2024)
    • The first recorded sale happened at this postcode is 14, KITCHENER COTTAGES HIGH STREET: £51,000 (Sold on 26 May 1995)
  • Other
    • The average price is around £182,625 median price is £49,500 Standard Deviation is £224,662 with Total Sold: 8
    • The Last 5 Year average price is £83,125 with Total Sold: 4
    • The most recent sale happened at this postcode is , UNIT B STOKES SUPPLIES HIGH STREET: £15,000 (Sold on 20 Oct 2022)
    • The first recorded sale happened at this postcode is , CONINGSBY GRAIN ROAD: £500,000 (Sold on 04 Oct 2016)
  • Detached
    • The average price is around £244,786 median price is £235,000 Standard Deviation is £119,148 with Total Sold: 43
    • The Last 5 Year average price is £408,750 with Total Sold: 4
    • The most recent sale happened at this postcode is , 2 LITTLE OAKHAM COURT: £410,000 (Sold on 04 Oct 2022)
    • The first recorded sale happened at this postcode is , HORSESHOE HOUSE HIGH STREET: £80,000 (Sold on 10 Nov 1995)
  • Flat
    • The average price is around £91,999 median price is £84,000 Standard Deviation is £39,441 with Total Sold: 10
    • The Last 5 Year average price is £167,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , FLAT, 2 HERBERTS COURT: £167,000 (Sold on 11 Jan 2019)
    • The first recorded sale happened at this postcode is , 2 HERBERTS COURT: £40,000 (Sold on 03 Feb 1997)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£265,0001
2023£228,000 £2,825 2
2022£269,861 £3,384 9
2021£242,500 £3,251 4
2020£226,167 £2,418 6
2019£221,250 £2,653 6
2018£213,000 £2,467 10
2017£189,333 £2,285 3
2016£189,875 £2,293 12
2015£186,750 £2,291 6
2014£160,600 £1,721 5
2013£142,500 £1,640 3
2012£132,500 £1,431 4
2011£121,700 £1,339 5
2010£136,749 £1,672 4
2009£120,917 £1,648 6
2008£131,000 £1,511 5
2007£154,899 £1,938 5
2006£142,832 £1,573 9
2005£147,248 £1,468 4
2004£141,333 £1,269 3
2003£108,214 £1,182 7
2002£94,452 £990 11
2001£71,394 £910 10
2000£64,816 £818 11
1999£55,415 £668 12
1998£49,170 £631 10
1997£48,083 £538 6
1996£42,023 £455 7
1995£42,999 £529 6
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£285,000 £3,904 1
2023£293,750 £3,987 3
2022£346,000 £4,183 3
2021£290,000 £2,886 2
2020£194,000 £2,786 2
2019£237,500 £3,381 2
2017£252,500 £2,834 2
2016£204,438 £2,611 8
2015£194,163 £2,018 5
2014£173,800 £2,103 5
2013£143,500 £1,863 2
2011£175,000 £1,858 1
2007£155,999 £2,062 5
2006£140,375 £2,086 4
2005£133,248 £1,895 2
2004£141,667 £1,725 3
2003£130,000 £1,646 1
2002£81,000 £964 1
2001£79,667 £1,075 3
2000£86,7502
1999£56,073 £743 3
1998£40,0001
1997£50,500 £699 4
1996£52,250 £505 2
1995£37,505 £467 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£15,0001
2021£105,8333
2018£13,5001
2017£307,500 £2,013 2
2016£500,000 £3,328 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£410,000 £4,271 1
2020£400,000 £2,764 2
2019£425,000 £2,815 1
2017£431,000 £3,014 2
2016£345,000 £2,452 2
2015£369,250 £2,671 4
2014£267,0001
2013£184,000 £2,073 1
2012£225,000 £2,545 1
2011£242,500 £1,891 2
2010£340,000 £2,148 1
2008£320,000 £3,200 1
2007£240,000 £2,038 2
2006£115,000 £682 1
2005£198,0001
2004£264,167 £2,393 3
2003£283,748 £1,633 2
2002£137,0001
2001£153,738 £534 4
2000£95,0001
1999£145,000 £983 2
1998£122,618 £943 3
1996£101,000 £685 3
1995£80,000 £510 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£167,0001
2016£123,0001
2015£125,000 £1,645 1
2008£84,000 £1,060 2
2006£124,9951
2003£65,000 £855 1
2001£57,0001
1999£49,9951
1997£40,000 £519 1

House Type in ME3 9RN area

The most common house types in the ME3 9RN postcode area are Detached (45), Terraced (38), and Semi-detached (22).

Total105
Detached45
Terraced38
Semi-detached22
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (54), and Owned: Owns outright (43).

Owned: Owns with a mortgage or loan54
Owned: Owns outright43
Private rented: Private landlord or letting agency8
Shared ownership: Shared ownership1
Private rented: Other private rented1
Does not apply0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the ME3 9RN have 2 people in household (40), and 1 person in household (23).

2 people in household40
1 person in household23
3 people in household20
4 people in household18
5 people in household6
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0