Housing Market Analysis for MILL ROAD, ME7 1HW

Are you looking to understand ME7 1HW 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 ME7 1HW area, explore the ME7 1HW Area information page.
For comprehensive crime statistics in the ME7 1HW area, explore the ME7 1HW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME7 1HW postcode area, The average prices are as follows,

Terraced
- The average price is around £179,781 median price is £171,500 Standard Deviation is £99,731 with Total Sold: 16
- The Last 5 Year average price is £290,100 with Total Sold: 5
- The most recent sale happened at this postcode is 53 MILL ROAD: £173,000 (Sold on 09 Jun 2023)
- The first recorded sale happened at this postcode is 58 MILL ROAD: £75,000 (Sold on 10 Jun 1997)
Flat
- The average price is around £81,431 median price is £95,250 Standard Deviation is £37,195 with Total Sold: 8
- The most recent sale happened at this postcode is 57 MILL ROAD: £130,000 (Sold on 09 Oct 2015)
- The first recorded sale happened at this postcode is 57 MILL ROAD: £26,950 (Sold on 30 Jan 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average ME7 1HW 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£173,000	£2,110	1
2022	£382,500	£2,555	2
2021	£315,000	£2,045	1
2020	£197,500	£2,438	1
2017	£191,000	£3,537	1
2015	£198,000	£2,020	1
2011	£145,000	£1,543	1
2009	£107,500	£1,327	1
2006	£170,000	£1,090	1
2003	£185,000	£1,294	1
2002	£140,000	£909	1
2001	£83,000	£1,221	2
1998	£48,500	£466	1
1997	£75,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2015	£130,000	£2,203	1
2010	£100,500	£1,703	1
2006	£90,000	£1,139	1
2005	£115,500	£1,312	1
2004	£76,500	£1,201	2
2000	£35,500	£602	1
1998	£26,950	£457	1

All the Sales in the MILL ROAD, ME7 1HW

See the table below for more details on the sold house prices in the ME7 1HW, Medway postcode.

Address	Sold Date	Price	% Change
53 MILL ROADTerraced, FreeholdArea: 82 Sq.mtrAge: before 1900	09 Jun 2023	£173,000	First Sale
60 MILL ROADTerraced, FreeholdArea: 156 Sq.mtrAge: before 1900	23 Aug 2022	£410,000	141.18%
	31 Oct 2006	£170,000	First Sale
59 MILL ROADTerraced, FreeholdArea: 143 Sq.mtrAge: 1900-1929	12 Aug 2022	£355,000	91.89%
	30 May 2003	£185,000	First Sale
46A MILL ROADTerraced, FreeholdArea: 154 Sq.mtrAge: 1900-1929	20 Aug 2021	£315,000	125.00%
	20 Dec 2002	£140,000	First Sale
52 MILL ROADTerraced, FreeholdArea: 81 Sq.mtrAge: 1900-1929	10 Feb 2020	£197,500	83.72%
52 MILL ROADTerraced, FreeholdArea: 81 Sq.mtrAge: 1900-1929	21 May 2009	£107,500	First Sale
54 MILL ROADTerraced, FreeholdArea: 54 Sq.mtrAge: before 1900	10 Mar 2017	£191,000	229.31%
	03 Aug 2001	£58,000	First Sale
57 MILL ROADFlat, LeaseholdArea: 59 Sq.mtrAge: 2003-2006	09 Oct 2015	£130,000	29.35%
	03 Dec 2010	£100,500	183.10%
	08 May 2000	£35,500	31.73%
	30 Jan 1998	£26,950	First Sale
56 MILL ROADTerraced, FreeholdArea: 98 Sq.mtrAge: before 1900	28 Sep 2015	£198,000	First Sale
55 MILL ROADTerraced, FreeholdArea: 94 Sq.mtrAge: before 1900	24 Jun 2011	£145,000	198.97%
	15 Oct 1998	£48,500	First Sale
48 MILL ROADFlat, LeaseholdArea: 79 Sq.mtrAge: before 1900	09 Jan 2006	£90,000	-16.67%
48 MILL ROADFlat, LeaseholdArea: 79 Sq.mtrAge: before 1900	01 Feb 2001	£108,000	First Sale
48A MILL ROADFlat, LeaseholdArea: 88 Sq.mtrAge: before 1900	12 Aug 2005	£115,500	6.94%
48A MILL ROADFlat, LeaseholdArea: 88 Sq.mtrAge: before 1900	15 Nov 2004	£108,000	First Sale
57A MILL ROADFlat, LeaseholdArea: 38.3 Sq.mtrAge: 1900-1929	17 Sep 2004	£45,000	First Sale
58 MILL ROADTerraced, Freehold	10 Jun 1997	£75,000	First Sale

Check out the sold house prices near the ME7 1HW postcode. Properties currently for saleProperties currently for rent

MILL ROAD, ME7 1HW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME7 1HW 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 ME7 1HW postcode.

Flat
- The average price is around £75,696 median price is £75,000 Standard Deviation is £38,358 with Total Sold: 554
- The Last 5 Year average price is £128,314 with Total Sold: 70
- The most recent sale happened at this postcode is , 55B RICHMOND ROAD: £122,000 (Sold on 13 Sep 2024)
- The first recorded sale happened at this postcode is FLAT 27, DEANA COURT DALTON STREET: £20,500 (Sold on 13 Jan 1995)
Other
- The average price is around £367,906 median price is £300,000 Standard Deviation is £476,081 with Total Sold: 63
- The Last 5 Year average price is £310,458 with Total Sold: 39
- The most recent sale happened at this postcode is , 51A HIGH STREET: £110,000 (Sold on 28 Aug 2024)
- The first recorded sale happened at this postcode is , 44 JEFFERY STREET: £5,000 (Sold on 08 May 2015)
Terraced
- The average price is around £110,707 median price is £105,000 Standard Deviation is £65,520 with Total Sold: 2,904
- The Last 5 Year average price is £214,872 with Total Sold: 382
- The most recent sale happened at this postcode is , 116 RICHMOND ROAD: £236,000 (Sold on 26 Jul 2024)
- The first recorded sale happened at this postcode is , 39 JAMES STREET: £36,500 (Sold on 13 Jan 1995)
Semi-Detached
- The average price is around £132,147 median price is £112,500 Standard Deviation is £79,941 with Total Sold: 213
- The Last 5 Year average price is £247,478 with Total Sold: 23
- The most recent sale happened at this postcode is , 9 LAUREL ROAD: £430,000 (Sold on 08 Mar 2023)
- The first recorded sale happened at this postcode is , 16 CLIFTON ROAD: £56,000 (Sold on 09 Jan 1995)
Detached
- The average price is around £180,908 median price is £150,000 Standard Deviation is £134,110 with Total Sold: 59
- The Last 5 Year average price is £357,500 with Total Sold: 10
- The most recent sale happened at this postcode is , 14A JUBILEE TERRACE: £215,000 (Sold on 24 Feb 2023)
- The first recorded sale happened at this postcode is , 49 SAUNDERS STREET: £40,500 (Sold on 26 Jan 1995)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£135,000		3
2023	£141,500	£2,830	12
2022	£128,875	£2,530	12
2021	£131,062	£2,693	16
2020	£127,182	£2,216	11
2019	£114,781	£2,290	16
2018	£139,400	£2,385	10
2017	£115,900	£2,250	15
2016	£102,092	£2,037	25
2015	£93,315	£1,819	30
2014	£89,794	£1,688	17
2013	£67,863	£1,421	11
2012	£67,500	£1,529	3
2011	£70,389	£1,334	9
2010	£79,278	£1,498	9
2009	£75,408	£1,531	6
2008	£92,124	£1,627	14
2007	£89,861	£2,046	36
2006	£83,833	£1,684	39
2005	£81,762	£1,497	21
2004	£73,796	£1,612	43
2003	£61,663	£1,298	31
2002	£51,319	£1,034	39
2001	£35,392	£826	19
2000	£31,574	£633	28
1999	£29,702	£594	18
1998	£25,916	£516	18
1997	£24,504	£465	17
1996	£22,499	£503	15
1995	£25,945	£524	11

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£110,000		1
2023	£301,448	£4,706	8
2022	£257,480	£3,024	9
2021	£380,281	£21	7
2020	£363,667		6
2019	£303,125	£5,048	8
2018	£265,679	£2,930	14
2017	£455,333		3
2016	£1,164,940	£6,809	5
2015	£80,000	£3,039	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£229,431	£3,002	32
2023	£242,505	£2,977	70
2022	£230,575	£2,979	84
2021	£214,186	£2,768	88
2020	£185,936	£2,504	47
2019	£177,189	£2,479	61
2018	£192,348	£2,514	68
2017	£187,348	£2,501	92
2016	£172,962	£2,317	105
2015	£149,799	£2,101	105
2014	£131,858	£1,754	95
2013	£115,697	£1,610	57
2012	£115,911	£1,564	41
2011	£110,575	£1,424	46
2010	£108,090	£1,487	56
2009	£108,818	£1,385	55
2008	£127,295	£1,710	54
2007	£128,592	£1,744	152
2006	£119,433	£1,592	140
2005	£112,899	£1,565	112
2004	£105,079	£1,398	101
2003	£92,810	£1,270	142
2002	£74,165	£1,049	162
2001	£60,486	£792	193
2000	£51,106	£723	177
1999	£44,109	£587	155
1998	£40,547	£521	127
1997	£35,797	£481	98
1996	£35,183	£466	100
1995	£32,391	£443	89

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£320,333	£3,095	3
2022	£228,500	£3,364	4
2021	£262,778	£2,884	9
2020	£193,750	£3,019	4
2019	£225,667	£2,517	3
2018	£217,000	£2,680	6
2017	£229,333	£2,683	9
2016	£278,200	£2,384	5
2015	£154,995	£1,987	1
2014	£203,900	£2,094	5
2013	£160,332	£2,004	6
2012	£140,714	£1,819	7
2011	£107,729	£1,389	7
2010	£120,183	£1,572	7
2009	£93,589	£1,180	7
2008	£104,500	£1,569	12
2007	£148,545	£2,136	11
2006	£136,062	£1,604	16
2005	£127,999	£1,867	9
2004	£110,428	£1,748	7
2003	£101,649	£1,263	15
2002	£104,345	£1,096	13
2001	£73,500	£1,100	8
2000	£56,414	£865	9
1999	£61,098	£802	5
1998	£44,333	£814	3
1997	£51,714	£476	7
1996	£33,500	£448	7
1995	£40,562	£502	8

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£215,000	£5,246	1
2022	£282,000	£3,980	5
2021	£320,000	£2,955	1
2020	£502,500	£3,816	2
2019	£625,000	£1,997	1
2017	£254,667	£3,268	3
2015	£194,000	£2,255	2
2014	£177,125	£1,611	4
2013	£151,667	£2,254	3
2012	£112,500	£1,506	1
2010	£308,750	£1,846	2
2008	£95,000	£2,111	1
2006	£172,375	£1,547	4
2005	£155,000		1
2004	£108,500	£1,396	2
2003	£182,276	£1,569	4
2002	£190,000	£1,208	2
2001	£60,886	£1,127	4
2000	£123,998	£1,082	4
1999	£64,332	£826	3
1998	£128,488	£657	4
1997	£90,000	£382	1
1996	£67,500	£549	1
1995	£61,167	£436	3

House Type in ME7 1HW area

The most common house types in the ME7 1HW postcode area are Terraced (85), Shared house (15), and Semi-detached (14).

Total	136
Terraced	85
Shared house	15
Semi-detached	14
Flat	12
Detached	6
converted building	4
commercial 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 (72), and Owned: Owns with a mortgage or loan (32).

Private rented: Private landlord or letting agency	72
Owned: Owns with a mortgage or loan	32
Owned: Owns outright	21
Social rented: Rents from council or Local Authority	6
Private rented: Other private rented	4
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the ME7 1HW have 1 person in household (46), and 3 people in household (34).

1 person in household	46
3 people in household	34
2 people in household	29
4 people in household	22
5 people in household	4
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0