Housing Market Analysis for PALMERSTON ROAD, ME4 6LU

Are you looking to understand ME4 6LU 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 6LU area, explore the ME4 6LU Area information page.
For comprehensive crime statistics in the ME4 6LU area, explore the ME4 6LU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME4 6LU postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £95,750 median price is £97,500 Standard Deviation is £35,541 with Total Sold: 4
    • The most recent sale happened at this postcode is 157 PALMERSTON ROAD: £125,000 (Sold on 16 Feb 2008)
    • The first recorded sale happened at this postcode is 159 PALMERSTON ROAD: £52,000 (Sold on 05 Dec 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average ME4 6LU 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
2008£125,000 £1,543 1
2004£136,000 £1,679 1
2001£70,000 £864 1
1997£52,0001

All the Sales in the PALMERSTON ROAD, ME4 6LU

See the table below for more details on the sold house prices in the ME4 6LU, Medway postcode.

AddressSold DatePrice% Change
157 PALMERSTON ROADTerraced, FreeholdArea: 81 Sq.mtrAge: 1950-196616 Feb 2008£125,000-8.09%
30 Jul 2004£136,00094.29%
20 Jul 2001£70,000First Sale
159 PALMERSTON ROADTerraced, Freehold05 Dec 1997£52,000First Sale

Check out the sold house prices near the ME4 6LU postcode. Properties currently for saleProperties currently for rent

PALMERSTON ROAD, ME4 6LU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME4 6LU 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 6LU postcode.

  • Flat
    • The average price is around £83,710 median price is £93,000 Standard Deviation is £38,411 with Total Sold: 77
    • The Last 5 Year average price is £129,250 with Total Sold: 8
    • The most recent sale happened at this postcode is , 65 CHATHAM GROVE: £130,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is FLAT, 19 CHATHAM GROVE: £25,000 (Sold on 06 Jan 1995)
  • Semi-Detached
    • The average price is around £194,884 median price is £165,000 Standard Deviation is £117,040 with Total Sold: 451
    • The Last 5 Year average price is £358,853 with Total Sold: 57
    • The most recent sale happened at this postcode is , 122 EDEN AVENUE: £310,000 (Sold on 12 Aug 2024)
    • The first recorded sale happened at this postcode is , 67 ROOSEVELT AVENUE: £45,000 (Sold on 31 Jan 1995)
  • Terraced
    • The average price is around £150,270 median price is £136,750 Standard Deviation is £84,804 with Total Sold: 454
    • The Last 5 Year average price is £265,721 with Total Sold: 70
    • The most recent sale happened at this postcode is , 38 ROOSEVELT AVENUE: £250,000 (Sold on 29 Jul 2024)
    • The first recorded sale happened at this postcode is , 134 MAGPIE HALL ROAD: £44,995 (Sold on 31 Jan 1995)
  • Detached
    • The average price is around £341,288 median price is £325,000 Standard Deviation is £175,155 with Total Sold: 166
    • The Last 5 Year average price is £585,740 with Total Sold: 25
    • The most recent sale happened at this postcode is , 29 THE RIDGEWAY: £850,000 (Sold on 14 Jun 2024)
    • The first recorded sale happened at this postcode is , 2 WALDERSLADE ROAD: £149,000 (Sold on 20 Feb 1995)
  • Other
    • The average price is around £801,791 median price is £495,000 Standard Deviation is £1,018,954 with Total Sold: 11
    • The Last 5 Year average price is £997,212 with Total Sold: 8
    • The most recent sale happened at this postcode is , 110 PATTENS LANE: £255,000 (Sold on 26 Jun 2023)
    • The first recorded sale happened at this postcode is , 25 LETCHWORTH AVENUE: £5,000 (Sold on 31 Jan 2017)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£130,0001
2023£155,000 £3,875 1
2022£127,333 £3,089 3
2020£121,000 £3,103 2
2019£125,000 £3,378 1
2018£102,500 £3,097 2
2017£117,500 £3,710 2
2016£106,750 £2,782 3
2015£84,333 £1,889 3
2014£84,983 £2,306 3
2013£88,333 £1,934 3
2009£110,0001
2008£132,500 £2,135 2
2007£106,500 £2,281 2
2006£111,050 £2,841 10
2005£99,830 £2,586 12
2004£44,000 £1,572 2
2003£68,000 £1,745 4
2002£42,500 £1,384 5
2001£32,583 £870 3
2000£26,250 £672 2
1999£32,875 £708 2
1998£21,000 £875 1
1997£29,498 £618 3
1996£17,000 £567 1
1995£22,333 £903 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£349,4005
2023£392,750 £3,719 4
2022£419,727 £3,400 11
2021£377,329 £3,290 14
2020£329,700 £3,432 10
2019£303,077 £3,052 13
2018£292,625 £3,175 16
2017£321,500 £3,435 12
2016£260,618 £2,717 17
2015£252,346 £2,562 13
2014£236,000 £2,376 19
2013£211,125 £2,024 12
2012£191,026 £1,873 19
2011£212,000 £2,061 7
2010£216,010 £2,032 10
2009£196,132 £1,904 19
2008£208,667 £1,933 9
2007£238,404 £2,165 26
2006£163,468 £1,846 16
2005£180,186 £1,820 16
2004£190,124 £1,600 16
2003£148,708 £1,589 18
2002£122,492 £1,304 15
2001£125,168 £977 23
2000£109,165 £1,129 22
1999£84,593 £705 21
1998£82,330 £716 17
1997£66,400 £605 15
1996£73,438 £523 22
1995£69,286 £639 14
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£296,143 £3,372 7
2023£270,622 £3,385 12
2022£314,536 £3,541 14
2021£261,441 £3,173 17
2020£229,188 £3,037 8
2019£216,542 £2,696 12
2018£227,250 £2,758 10
2017£224,868 £2,840 19
2016£244,794 £2,569 17
2015£184,187 £2,279 15
2014£173,722 £2,052 18
2013£161,900 £1,908 10
2012£147,750 £1,811 8
2011£147,136 £1,610 11
2010£132,500 £1,655 7
2009£131,000 £1,638 5
2008£148,237 £1,703 19
2007£169,987 £1,759 24
2006£139,158 £1,690 23
2005£142,921 £1,665 19
2004£135,816 £1,469 22
2003£121,019 £1,512 23
2002£91,576 £1,136 17
2001£73,603 £1,012 24
2000£64,057 £788 26
1999£60,591 £681 17
1998£50,632 £633 15
1997£56,136 £873 11
1996£45,945 £551 12
1995£41,083 £583 12
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£575,0003
2023£597,000 £3,923 5
2022£716,667 £3,866 3
2021£511,786 £3,505 7
2020£611,700 £3,551 5
2019£571,250 £2,732 2
2018£545,250 £3,812 4
2017£402,600 £3,268 5
2016£523,875 £3,082 4
2015£448,333 £2,979 6
2014£317,421 £2,809 7
2013£390,000 £2,521 3
2012£294,250 £2,612 4
2011£263,333 £1,837 3
2010£349,500 £2,034 5
2009£293,500 £3,570 2
2008£399,000 £1,595 5
2007£365,200 £1,598 10
2006£375,417 £2,715 6
2005£355,625 £1,982 8
2004£331,033 £2,222 15
2003£261,549 £1,634 5
2002£210,199 £1,554 10
2001£243,013 £1,529 6
2000£180,500 £1,185 4
1999£156,400 £958 5
1998£169,778 £1,300 9
1997£123,375 £644 4
1996£108,600 £624 5
1995£115,167 £723 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£255,0001
2022£685,000 £11,780 2
2021£16,0001
2020£1,584,175 £3,640 4
2018£535,0001
2017£153,5002

House Type in ME4 6LU area

The most common house types in the ME4 6LU postcode area are Flat (67), Terraced (43), and Semi-detached (17).

Total134
Flat67
Terraced43
Semi-detached17
Detached5
Shared house1
converted building1
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (76), and Social rented: Rents from council or Local Authority (22).

Social rented: Other social rented76
Social rented: Rents from council or Local Authority22
Owned: Owns outright15
Owned: Owns with a mortgage or loan11
Private rented: Private landlord or letting agency5
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the ME4 6LU have 1 person in household (75), and 2 people in household (29).

1 person in household75
2 people in household29
3 people in household18
4 people in household4
5 people in household3
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0