Housing Market Analysis for PHALAROPE WAY, ME4 3JN

Are you looking to understand ME4 3JN 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 ME4 3JN area, explore the ME4 3JN Area information page.
For comprehensive crime statistics in the ME4 3JN area, explore the ME4 3JN Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME4 3JN postcode area, The average prices are as follows,

Flat
- The average price is around £213,322 median price is £198,000 Standard Deviation is £49,336 with Total Sold: 36
- The Last 5 Year average price is £228,227 with Total Sold: 6
- The most recent sale happened at this postcode is 27 PHALAROPE WAY: £196,000 (Sold on 21 Jan 2022)
- The first recorded sale happened at this postcode is 47 PHALAROPE WAY: £194,360 (Sold on 16 May 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average ME4 3JN 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£252,000	£3,627	2
2021	£223,667	£3,534	3
2018	£200,000	£3,774	1
2017	£225,833	£4,787	3
2016	£235,000	£3,310	1
2014	£234,000	£2,937	2
2012	£235,000	£3,595	1
2008	£198,875	£2,998	2
2007	£197,750	£4,163	2
2006	£222,000		1
2005	£180,000	£2,368	1
2004	£206,219	£2,990	16
2024	£194,360		1

All the Sales in the PHALAROPE WAY, ME4 3JN

See the table below for more details on the sold house prices in the ME4 3JN, Medway postcode.

Address	Sold Date	Price	% Change
27 PHALAROPE WAYFlat, LeaseholdArea: 55 Sq.mtrAge: 2003-2006	21 Jan 2022	£196,000	28.52%
	28 Jul 2004	£152,500	First Sale
39 PHALAROPE WAYFlat, LeaseholdArea: 83.45 Sq.mtrAge: 1996-2002	21 Jan 2022	£308,000	35.38%
	10 Aug 2007	£227,500	-9.00%
	11 Aug 2004	£250,000	First Sale
43 PHALAROPE WAYFlat, LeaseholdArea: 77 Sq.mtrAge: 1996-2002	15 Sep 2021	£235,000	20.51%
	30 Jul 2004	£195,000	First Sale
41 PHALAROPE WAYFlat, LeaseholdArea: 71 Sq.mtrAge: 1996-2002	22 Jun 2021	£252,000	7.23%
	28 Oct 2016	£235,000	22.08%
	30 Jul 2004	£192,500	First Sale
29 PHALAROPE WAYFlat, LeaseholdArea: 46 Sq.mtrAge: 2003-2006	10 May 2021	£184,000	20.26%
	05 Sep 2014	£153,000	-10.00%
	25 Jan 2008	£170,000	21.43%
	29 Jul 2004	£140,000	First Sale
47 PHALAROPE WAYFlat, LeaseholdArea: 53 Sq.mtrAge: 2003-2006	05 Jan 2018	£200,000	29.03%
	08 Oct 2004	£155,000	-20.25%
	16 May 2024	£194,360	First Sale
33 PHALAROPE WAYFlat, LeaseholdArea: 55.13 Sq.mtrAge: 1996-2002	04 Sep 2017	£200,000	29.03%
	30 Jul 2004	£155,000	First Sale
25 PHALAROPE WAYFlat, LeaseholdArea: 65.36 Sq.mtrAge: 2003-2006	07 Jul 2017	£287,500	22.34%
	04 Oct 2012	£235,000	-6.00%
	14 Sep 2004	£250,000	First Sale
53 PHALAROPE WAYFlat, LeaseholdArea: 30 Sq.mtrAge: 2003-2006	28 Feb 2017	£190,000	13.10%
	08 Aug 2007	£168,000	8.39%
	30 Jul 2004	£155,000	First Sale
49 PHALAROPE WAYFlat, LeaseholdArea: 123.62 Sq.mtrAge: 2003-2006	27 Jun 2014	£315,000	2.61%
	30 Sep 2004	£307,000	First Sale
51 PHALAROPE WAYFlat, LeaseholdArea: 99 Sq.mtrAge: 2003-2006	31 Mar 2008	£227,750	-8.90%
	10 Sep 2004	£250,000	First Sale
23 PHALAROPE WAYFlat, Leasehold	09 Nov 2006	£222,000	15.32%
23 PHALAROPE WAYFlat, Leasehold	10 Sep 2004	£192,500	First Sale
31 PHALAROPE WAYFlat, LeaseholdArea: 76 Sq.mtrAge: 2003-2006	29 Nov 2005	£180,000	-7.69%
	30 Jul 2004	£195,000	First Sale
35 PHALAROPE WAYFlat, Leasehold	27 Oct 2004	£250,000	First Sale
37 PHALAROPE WAYFlat, LeaseholdArea: 124 Sq.mtrAge: 1996-2002	17 Sep 2004	£310,000	First Sale
45 PHALAROPE WAYFlat, LeaseholdArea: 50 Sq.mtrAge: 1996-2002	16 Aug 2004	£150,000	First Sale

Check out the sold house prices near the ME4 3JN postcode. Properties currently for saleProperties currently for rent

PHALAROPE WAY, ME4 3JN Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME4 3JN 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 ME4 3JN postcode.

Semi-Detached
- The average price is around £240,862 median price is £236,500 Standard Deviation is £99,847 with Total Sold: 364
- The Last 5 Year average price is £374,427 with Total Sold: 55
- The most recent sale happened at this postcode is , 5 BRADFORDS CLOSE: £470,000 (Sold on 29 Jul 2024)
- The first recorded sale happened at this postcode is , 26 THE PINTAILS: £74,950 (Sold on 28 Feb 1997)
Flat
- The average price is around £177,309 median price is £172,250 Standard Deviation is £61,938 with Total Sold: 726
- The Last 5 Year average price is £227,325 with Total Sold: 88
- The most recent sale happened at this postcode is , 57 HENRIETTA CHASE: £148,000 (Sold on 26 Jul 2024)
- The first recorded sale happened at this postcode is , 13 THE PINTAILS: £44,950 (Sold on 07 May 1997)
Detached
- The average price is around £248,336 median price is £230,500 Standard Deviation is £114,193 with Total Sold: 478
- The Last 5 Year average price is £476,867 with Total Sold: 45
- The most recent sale happened at this postcode is , 26 WOODRUSH PLACE: £635,000 (Sold on 11 Jul 2024)
- The first recorded sale happened at this postcode is , 12 HAVEN WAY: £99,950 (Sold on 16 Dec 1996)
Terraced
- The average price is around £216,064 median price is £214,995 Standard Deviation is £100,051 with Total Sold: 523
- The Last 5 Year average price is £362,641 with Total Sold: 60
- The most recent sale happened at this postcode is , 19 RIVERMEAD: £385,000 (Sold on 28 May 2024)
- The first recorded sale happened at this postcode is , 5 THE PINTAILS: £64,950 (Sold on 23 Dec 1996)
Other
- The average price is around £260,266 median price is £351,697 Standard Deviation is £177,113 with Total Sold: 3
- The Last 5 Year average price is £384,098 with Total Sold: 2
- The most recent sale happened at this postcode is , 19 PHALAROPE WAY: £416,500 (Sold on 08 Dec 2020)
- The first recorded sale happened at this postcode is , 46 SANDLING WAY: £12,600 (Sold on 04 Jul 2018)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£443,333	£3,323	3
2023	£409,643	£3,956	7
2022	£447,950	£4,573	10
2021	£371,699	£4,209	15
2020	£309,615	£3,764	13
2019	£330,856	£3,773	7
2018	£370,833	£3,401	3
2017	£336,682	£3,649	11
2016	£303,600	£3,608	10
2015	£277,076	£2,968	13
2014	£267,704	£2,940	12
2013	£240,988	£2,385	4
2012	£239,714	£2,394	7
2011	£204,774	£1,853	5
2010	£234,800	£2,341	5
2009	£248,374	£2,448	20
2008	£244,415	£2,616	23
2007	£259,379	£2,657	26
2006	£246,998	£2,336	22
2005	£247,278	£2,541	9
2004	£227,273	£2,411	11
2003	£227,476	£2,124	23
2002	£204,248	£1,861	12
2001	£162,353	£1,626	33
2000	£117,202	£1,446	32
1999	£138,825	£1,372	16
1998	£98,170	£953	5
1997	£82,679	£1,226	7

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£221,545	£3,546	8
2023	£222,792	£3,616	12
2022	£234,194	£3,834	18
2021	£237,125	£3,649	20
2020	£221,614	£3,441	11
2019	£219,105	£3,430	19
2018	£230,412	£3,236	17
2017	£211,840	£3,378	25
2016	£215,608	£3,014	23
2015	£186,979	£3,051	54
2014	£181,476	£2,651	21
2013	£182,333	£2,417	15
2012	£213,167	£2,636	6
2011	£163,487	£2,514	8
2010	£142,666	£2,365	6
2009	£146,339	£2,105	14
2008	£194,290	£2,810	51
2007	£194,620	£2,875	25
2006	£180,540	£2,847	59
2005	£167,339	£2,846	75
2004	£204,602	£2,736	39
2003	£200,430	£2,291	44
2002	£135,205	£2,174	30
2001	£124,243	£2,055	63
2000	£101,801	£1,545	40
1999	£119,062	£1,518	8
1998	£47,975		2
1997	£48,950	£1,030	13

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£635,000		1
2023	£535,000	£4,387	6
2022	£519,636	£4,394	11
2021	£443,333	£4,126	12
2020	£430,438	£3,652	8
2019	£447,786	£3,668	7
2018	£436,000	£3,822	4
2017	£373,182	£3,376	11
2016	£394,874	£3,471	8
2015	£324,156	£3,029	16
2014	£311,875	£2,837	12
2013	£295,500	£2,754	13
2012	£306,000	£2,347	5
2011	£283,008	£2,443	12
2010	£250,611	£2,571	9
2009	£270,744	£2,472	8
2008	£288,172	£2,318	11
2007	£288,348	£2,695	23
2006	£288,902	£2,510	21
2005	£253,766	£2,848	15
2004	£265,287	£2,466	21
2003	£233,074	£2,110	25
2002	£207,974	£2,131	22
2001	£184,505	£1,744	41
2000	£156,900	£1,459	53
1999	£146,784	£1,325	44
1998	£143,644	£1,229	43
1997	£125,743	£1,249	14
1996	£97,475	£1,127	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£385,000		1
2023	£410,545	£3,955	11
2022	£423,682	£4,440	11
2021	£362,875	£3,821	16
2020	£301,699	£3,733	15
2019	£310,917	£3,373	6
2018	£302,222	£3,187	9
2017	£311,750	£3,542	24
2016	£293,167	£3,220	12
2015	£278,738	£2,753	21
2014	£251,500	£2,424	15
2013	£198,625	£2,314	8
2012	£232,667	£2,279	9
2011	£222,069	£2,237	16
2010	£188,667	£2,426	6
2009	£201,768	£1,872	11
2008	£227,215	£2,418	16
2007	£232,944	£2,448	27
2006	£208,881	£2,583	34
2005	£231,672	£2,492	20
2004	£251,695	£2,045	23
2003	£195,905	£2,017	37
2002	£198,732	£1,933	28
2001	£141,846	£1,480	60
2000	£100,569	£1,336	56
1999	£166,129	£1,338	7
1998	£95,190	£1,080	5
1997	£66,708	£1,091	18
1996	£64,950	£1,082	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£416,500		1
2019	£351,697	£7,483	1
2018	£12,600		1

House Type in ME4 3JN area

The most common house types in the ME4 3JN postcode area are Flat (110), Terraced (18), and Semi-detached (15).

Total	156
Flat	110
Terraced	18
Semi-detached	15
Detached	11
Shared house	1
temporary structure	1
converted building	0
commercial building	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (56), and Owned: Owns with a mortgage or loan (50).

Private rented: Private landlord or letting agency	56
Owned: Owns with a mortgage or loan	50
Owned: Owns outright	44
Social rented: Other social rented	4
Private rented: Other private rented	3
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the ME4 3JN have 2 people in household (71), and 1 person in household (52).

2 people in household	71
1 person in household	52
3 people in household	16
4 people in household	11
6 people in household	3
5 people in household	2
8 or more people in household	1
0 people in household	0
7 people in household	0