Housing Market Analysis for MILLS TERRACE, ME4 5NZ

Are you looking to understand ME4 5NZ 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 5NZ area, explore the ME4 5NZ Area information page.
For comprehensive crime statistics in the ME4 5NZ area, explore the ME4 5NZ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME4 5NZ postcode area, The average prices are as follows,

Other
- The average price is around £205,000 median price is £205,000 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £205,000 with Total Sold: 1
- The most recent sale happened at this postcode is 24 MILLS TERRACE: £205,000 (Sold on 24 May 2024)
- The first recorded sale happened at this postcode is 24 MILLS TERRACE: £205,000 (Sold on 24 May 2024)
Terraced
- The average price is around £117,173 median price is £114,000 Standard Deviation is £59,925 with Total Sold: 36
- The Last 5 Year average price is £201,358 with Total Sold: 6
- The most recent sale happened at this postcode is 14 MILLS TERRACE: £250,000 (Sold on 24 Feb 2023)
- The first recorded sale happened at this postcode is 8 MILLS TERRACE: £154,000 (Sold on 19 Jan 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average ME4 5NZ 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£205,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£250,000	£2,688	1
2021	£195,000	£2,349	1
2020	£210,000	£1,875	1
2019	£199,575	£2,253	2
2018	£133,750	£1,760	2
2017	£182,333	£2,138	3
2016	£143,000	£1,521	1
2015	£155,050	£1,950	2
2013	£90,000	£1,429	1
2010	£86,000	£1,107	1
2007	£148,333	£1,848	3
2005	£93,000	£1,364	1
2004	£92,500	£1,159	2
2003	£108,000	£2,400	1
2002	£69,697	£950	5
2001	£27,500	£407	1
2000	£67,667	£651	3
1999	£38,000	£562	1
1998	£39,500	£532	3
2024	£154,000		1

All the Sales in the MILLS TERRACE, ME4 5NZ

See the table below for more details on the sold house prices in the ME4 5NZ, Medway postcode.

Address	Sold Date	Price	% Change
24 MILLS TERRACEOther, Freehold	24 May 2024	£205,000	36.67%
24 MILLS TERRACEOther, Freehold	23 Dec 2015	£150,000	First Sale
14 MILLS TERRACETerraced, FreeholdArea: 93 Sq.mtrAge: 1930-1949	24 Feb 2023	£250,000	First Sale
15 MILLS TERRACETerraced, FreeholdArea: 83 Sq.mtrAge: 1900-1929	25 Jun 2021	£195,000	200.00%
	04 Feb 2004	£65,000	25.00%
	11 Feb 2002	£52,000	First Sale
17 MILLS TERRACETerraced, FreeholdArea: 112 Sq.mtrAge: 1900-1929	03 Jan 2020	£210,000	-2.33%
	02 May 2017	£215,000	First Sale
12 MILLS TERRACETerraced, FreeholdArea: 83 Sq.mtrAge: before 1900	02 Jul 2019	£184,150	268.30%
	18 Sep 2000	£50,000	First Sale
19 MILLS TERRACETerraced, FreeholdArea: 94 Sq.mtrAge: 1900-1929	15 Feb 2019	£215,000	50.35%
	20 Jan 2016	£143,000	First Sale
7 MILLS TERRACETerraced, FreeholdArea: 76 Sq.mtrAge: before 1900	29 May 2018	£140,000	9.80%
	10 Apr 2018	£127,500	First Sale
10 MILLS TERRACETerraced, FreeholdArea: 80 Sq.mtrAge: 1900-1929	27 Nov 2017	£182,000	13.68%
	02 Dec 2015	£160,100	135.46%
	08 Mar 2002	£67,995	21.42%
	10 Nov 2000	£56,000	First Sale
6 MILLS TERRACETerraced, FreeholdArea: 67.63 Sq.mtrAge: before 1900	13 Mar 2017	£150,000	20.00%
	19 Oct 2007	£125,000	67.79%
	30 Aug 2002	£74,500	170.91%
	19 Oct 2001	£27,500	-27.63%
	21 May 1999	£38,000	First Sale
4 MILLS TERRACETerraced, FreeholdArea: 63 Sq.mtrAge: 1900-1929	18 Jan 2013	£90,000	16.89%
	28 Nov 2002	£76,995	129.84%
	06 Apr 1998	£33,500	First Sale
11 MILLS TERRACETerraced, FreeholdArea: 77.7 Sq.mtrAge: before 1900	14 Jan 2010	£86,000	First Sale
1 MILLS TERRACETerraced, Freehold	25 Jun 2007	£180,000	28.57%
	19 Jan 2007	£140,000	44.33%
	02 Oct 2000	£97,000	First Sale
5 MILLS TERRACETerraced, FreeholdArea: 68.2 Sq.mtrAge: before 1900	28 Feb 2005	£93,000	First Sale
21 MILLS TERRACETerraced, FreeholdArea: 78.16 Sq.mtrAge: before 1900	09 Sep 2004	£120,000	First Sale
25 MILLS TERRACETerraced, FreeholdArea: 45 Sq.mtrAge: before 1900	10 Oct 2003	£108,000	First Sale
13 MILLS TERRACETerraced, Freehold	09 Jul 2002	£76,995	74.99%
	01 Dec 1998	£44,000	7.32%
	22 Apr 1998	£41,000	First Sale
8 MILLS TERRACETerraced, Freehold	19 Jan 2024	£154,000	First Sale

Check out the sold house prices near the ME4 5NZ postcode. Properties currently for saleProperties currently for rent

MILLS TERRACE, ME4 5NZ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME4 5NZ 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 5NZ postcode.

Terraced
- The average price is around £109,191 median price is £105,000 Standard Deviation is £58,638 with Total Sold: 5,316
- The Last 5 Year average price is £194,860 with Total Sold: 773
- The most recent sale happened at this postcode is , 7 OTWAY STREET: £206,500 (Sold on 13 Sep 2024)
- The first recorded sale happened at this postcode is , 38 THOROLD ROAD: £39,995 (Sold on 13 Jan 1995)
Semi-Detached
- The average price is around £112,442 median price is £105,000 Standard Deviation is £68,399 with Total Sold: 524
- The Last 5 Year average price is £213,175 with Total Sold: 55
- The most recent sale happened at this postcode is , 6 LONGHILL AVENUE: £280,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 16 BEACONSFIELD ROAD: £44,000 (Sold on 31 Jan 1995)
Flat
- The average price is around £88,389 median price is £84,000 Standard Deviation is £42,913 with Total Sold: 796
- The Last 5 Year average price is £120,102 with Total Sold: 111
- The most recent sale happened at this postcode is , 33 MARY COURT: £170,000 (Sold on 01 Aug 2024)
- The first recorded sale happened at this postcode is FLAT 10, PEMBROKE COURT, 397 HIGH STREET: £35,500 (Sold on 27 Jan 1995)
Other
- The average price is around £517,943 median price is £203,500 Standard Deviation is £961,905 with Total Sold: 74
- The Last 5 Year average price is £578,833 with Total Sold: 33
- The most recent sale happened at this postcode is , 24 MILLS TERRACE: £205,000 (Sold on 24 May 2024)
- The first recorded sale happened at this postcode is , 284 HIGH STREET: £330,000 (Sold on 11 Nov 2014)
Detached
- The average price is around £193,063 median price is £180,000 Standard Deviation is £132,611 with Total Sold: 69
- The Last 5 Year average price is £291,800 with Total Sold: 10
- The most recent sale happened at this postcode is , 58 UPPER LUTON ROAD: £220,000 (Sold on 01 Sep 2023)
- The first recorded sale happened at this postcode is , 138 - 140 LUTON ROAD: £57,000 (Sold on 23 Feb 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£199,002	£2,737	62
2023	£220,082	£2,853	121
2022	£221,744	£3,029	132
2021	£188,677	£2,468	160
2020	£175,424	£2,313	152
2019	£174,904	£2,295	146
2018	£174,923	£2,310	159
2017	£168,487	£2,231	151
2016	£159,548	£2,130	207
2015	£133,330	£1,761	179
2014	£119,650	£1,562	155
2013	£109,724	£1,427	116
2012	£104,667	£1,350	83
2011	£97,188	£1,274	101
2010	£107,665	£1,407	88
2009	£100,573	£1,307	75
2008	£118,884	£1,566	128
2007	£125,442	£1,616	289
2006	£113,880	£1,539	276
2005	£110,799	£1,489	207
2004	£111,702	£1,458	258
2003	£100,068	£1,250	374
2002	£76,358	£984	309
2001	£55,251	£734	320
2000	£47,291	£636	270
1999	£37,508	£497	211
1998	£34,200	£473	200
1997	£32,146	£442	162
1996	£30,330	£401	102
1995	£30,160	£389	123

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£238,111	£3,833	9
2023	£252,500	£2,795	6
2022	£231,009	£3,675	11
2021	£219,350	£3,232	10
2020	£186,444	£2,385	9
2019	£165,405	£2,898	10
2018	£208,933	£3,042	15
2017	£187,031	£2,621	16
2016	£168,885	£2,771	13
2015	£144,769	£2,156	13
2014	£137,875	£1,856	8
2013	£129,667	£1,626	3
2012	£100,962	£1,762	13
2011	£132,045	£2,038	11
2010	£114,279	£1,715	7
2009	£107,077	£1,612	13
2008	£140,294	£1,736	17
2007	£124,175	£1,765	26
2006	£135,512	£1,899	33
2005	£117,158	£1,681	19
2004	£137,097	£1,668	37
2003	£119,597	£1,365	35
2002	£80,074	£1,096	26
2001	£62,020	£792	22
2000	£56,535	£892	14
1999	£44,137	£631	20
1998	£38,547	£562	24
1997	£34,836	£492	38
1996	£34,062	£513	30
1995	£36,312	£564	16

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£120,778	£1,464	9
2023	£128,929	£2,490	14
2022	£123,061	£2,470	33
2021	£117,289	£2,176	18
2020	£112,121	£2,096	17
2019	£118,055	£2,196	20
2018	£100,206	£2,011	35
2017	£107,168	£2,323	37
2016	£107,407	£2,205	41
2015	£85,953	£1,738	28
2014	£77,642	£1,470	21
2013	£69,767	£1,329	15
2012	£61,000	£1,248	13
2011	£111,105	£1,500	14
2010	£71,000	£1,379	5
2009	£61,000	£2,158	1
2008	£98,159	£1,884	22
2007	£104,792	£1,773	60
2006	£86,606	£1,777	33
2005	£95,195	£1,836	37
2004	£91,195	£1,923	74
2003	£98,875	£1,913	76
2002	£73,627	£1,334	54
2001	£43,304	£961	21
2000	£34,770	£758	22
1999	£33,775	£691	18
1998	£29,500	£652	15
1997	£35,485	£735	21
1996	£36,245	£728	10
1995	£33,662	£691	12

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£234,500		2
2023	£921,333	£3,412	6
2022	£818,750	£17,117	4
2021	£379,286	£2,558	7
2020	£881,571		7
2019	£143,356	£2,308	7
2018	£233,676	£4,054	13
2017	£295,722	£3,288	15
2016	£246,250		4
2015	£1,012,520	£4,189	7
2014	£1,840,000		2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£217,500	£3,477	2
2022	£340,000	£2,619	2
2021	£245,750	£2,704	4
2020	£230,000	£3,485	1
2019	£590,000		1
2018	£335,000	£3,490	1
2017	£211,167	£2,469	6
2016	£207,500	£2,026	2
2015	£147,500	£1,657	1
2014	£146,000	£1,691	2
2013	£154,000	£1,485	3
2011	£201,500	£1,737	2
2009	£150,000	£2,442	1
2008	£116,250	£1,603	2
2007	£222,500	£1,876	2
2006	£238,000	£1,817	4
2005	£110,000	£1,410	1
2004	£338,817	£2,068	6
2003	£130,649	£1,503	10
2002	£118,248	£942	2
2001	£139,428	£1,098	7
2000	£101,500		2
1999	£68,500	£783	3
1995	£116,000		2

House Type in ME4 5NZ area

The most common house types in the ME4 5NZ postcode area are Terraced (109), Semi-detached (11), and Detached (3).

Total	132
Terraced	109
Semi-detached	11
Detached	3
Flat	3
Shared house	3
commercial building	3
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (63), and Owned: Owns outright (30).

Private rented: Private landlord or letting agency	63
Owned: Owns outright	30
Owned: Owns with a mortgage or loan	29
Social rented: Other social rented	3
Private rented: Other private rented	3
Social rented: Rents from council or Local Authority	2
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the ME4 5NZ have 2 people in household (34), and 1 person in household (33).

2 people in household	34
1 person in household	33
3 people in household	32
4 people in household	23
5 people in household	4
6 people in household	2
7 people in household	1
0 people in household	0
8 or more people in household	0