Housing Market Analysis for ELM TREE COTTAGES, ME3 9RU

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £147,167 median price is £113,750 Standard Deviation is £84,156 with Total Sold: 6
    • The Last 5 Year average price is £261,250 with Total Sold: 2
    • The most recent sale happened at this postcode is 2 ELM TREE COTTAGES: £262,500 (Sold on 10 Mar 2023)
    • The first recorded sale happened at this postcode is 1 ELM TREE COTTAGES: £60,000 (Sold on 29 Jan 1999)
  • Detached
    • The average price is around £281,250 median price is £225,000 Standard Deviation is £124,819 with Total Sold: 4
    • The Last 5 Year average price is £495,000 with Total Sold: 1
    • The most recent sale happened at this postcode is LYCH GATE HOUSE THE STREET: £495,000 (Sold on 20 Sep 2019)
    • The first recorded sale happened at this postcode is LA PONTE THE STREET: £180,000 (Sold on 02 Jun 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average ME3 9RU 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
2023£262,500 £3,860 1
2019£260,000 £3,333 1
2014£137,500 £2,022 1
2003£90,000 £1,286 1
2000£73,000 £1,074 1
1999£60,000 £769 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£495,000 £3,056 1
2002£230,0001
2001£220,000 £1,358 1
2000£180,0001

All the Sales in the ELM TREE COTTAGES, ME3 9RU

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

AddressSold DatePrice% Change
2 ELM TREE COTTAGESTerraced, FreeholdArea: 68 Sq.mtrAge: before 190010 Mar 2023£262,500259.59%
26 Sep 2000£73,000First Sale
LYCH GATE HOUSE THE STREETDetached, FreeholdArea: 162 Sq.mtrAge: 2003-200620 Sep 2019£495,000125.00%
17 May 2001£220,000First Sale
1 ELM TREE COTTAGESTerraced, FreeholdArea: 78 Sq.mtrAge: before 190001 Jul 2019£260,000333.33%
29 Jan 1999£60,000First Sale
3 ELM TREE COTTAGESTerraced, FreeholdArea: 68 Sq.mtrAge: before 190030 May 2014£137,500First Sale
4 ELM TREE COTTAGESTerraced, FreeholdArea: 70 Sq.mtrAge: 1900-192917 Mar 2003£90,000First Sale
EMERALD THE STREETDetached, Freehold31 Jan 2002£230,000First Sale
LA PONTE THE STREETDetached, Freehold02 Jun 2000£180,000First Sale

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

ELM TREE COTTAGES, ME3 9RU Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £157,642 median price is £151,250 Standard Deviation is £80,147 with Total Sold: 14
    • The Last 5 Year average price is £268,125 with Total Sold: 4
    • The most recent sale happened at this postcode is , 2 ELM TREE COTTAGES: £262,500 (Sold on 10 Mar 2023)
    • The first recorded sale happened at this postcode is 4, CORONATION COTTAGES THE STREET: £60,000 (Sold on 24 Jun 1997)
  • Detached
    • The average price is around £401,296 median price is £456,000 Standard Deviation is £154,121 with Total Sold: 27
    • The Last 5 Year average price is £424,167 with Total Sold: 6
    • The most recent sale happened at this postcode is , MANOR HOUSE THE STREET: £485,000 (Sold on 10 Mar 2023)
    • The first recorded sale happened at this postcode is , MAISIE THE STREET: £70,000 (Sold on 30 Jun 1995)
  • Semi-Detached
    • The average price is around £191,388 median price is £145,000 Standard Deviation is £99,967 with Total Sold: 9
    • The Last 5 Year average price is £297,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 1, PARSONAGE COTTAGES THE STREET: £345,000 (Sold on 25 Aug 2022)
    • The first recorded sale happened at this postcode is , DINGLEY DELL DICKENSIAN CLOSE: £75,000 (Sold on 24 Jun 1998)
  • Other
    • The average price is around £420,000 median price is £420,000 Standard Deviation is £330,000 with Total Sold: 2
    • The Last 5 Year average price is £750,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , THE WHITE HORSE THE STREET: £750,000 (Sold on 30 Apr 2021)
    • The first recorded sale happened at this postcode is , BRAMBLE COTTAGE VICARAGE LANE: £90,000 (Sold on 27 Mar 2018)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£276,250 £3,541 2
2019£260,000 £3,463 2
2018£165,000 £2,280 1
2015£184,000 £2,521 1
2014£137,500 £2,022 1
2007£165,0001
2004£129,9951
2003£90,000 £1,286 1
2000£73,000 £1,074 1
1999£65,000 £769 2
1997£60,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£485,000 £3,593 1
2020£407,500 £4,159 2
2019£415,000 £3,239 3
2017£825,000 £5,651 1
2015£487,0001
2014£440,000 £3,014 1
2013£500,500 £3,092 2
2011£335,0001
2010£491,667 £2,193 3
2007£130,000 £1,398 1
2006£497,500 £2,503 4
2004£320,0001
2003£354,0001
2002£230,0001
2001£226,500 £1,358 2
2000£180,0001
1995£70,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£345,000 £1,337 1
2020£250,000 £3,472 1
2014£125,000 £1,736 1
2013£212,500 £2,261 1
2007£355,0001
2003£145,0001
2000£135,0001
1999£79,9951
1998£75,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£750,0001
2018£90,000 £841 1

House Type in ME3 9RU area

The most common house types in the ME3 9RU 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 9RU 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