Housing Market Analysis for RICHMOND ROAD, ME7 1LR

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

Overview of Sold House prices

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

Terraced
- The average price is around £114,729 median price is £101,000 Standard Deviation is £68,869 with Total Sold: 47
- The Last 5 Year average price is £228,571 with Total Sold: 7
- 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 88 RICHMOND ROAD: £21,300 (Sold on 02 Feb 1996)
Semi-Detached
- The average price is around £33,000 median price is £33,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 108 RICHMOND ROAD: £33,000 (Sold on 28 Feb 1995)
- The first recorded sale happened at this postcode is 108 RICHMOND ROAD: £33,000 (Sold on 28 Feb 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average ME7 1LR 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
2024	£236,000		1
2023	£231,667	£2,289	3
2022	£223,000	£1,944	3
2017	£208,000	£2,048	4
2014	£133,500	£1,264	2
2012	£120,000	£1,081	1
2011	£100,000	£1,042	1
2010	£83,000	£806	1
2008	£129,000		1
2007	£121,125	£1,220	4
2006	£135,000	£1,141	2
2005	£126,500	£1,219	2
2004	£100,000	£763	1
2003	£96,000	£1,262	2
2002	£85,833		3
2001	£56,398	£580	5
2000	£58,500		1
1999	£47,000	£481	2
1997	£36,498	£340	3
1996	£32,059	£333	5

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
1995	£33,000	£327	1

All the Sales in the RICHMOND ROAD, ME7 1LR

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

Address	Sold Date	Price	% Change
116 RICHMOND ROADTerraced, Freehold	26 Jul 2024	£236,000	66.20%
	12 Feb 2014	£142,000	20.34%
	05 Oct 2007	£118,000	14.56%
	07 Sep 2007	£103,000	First Sale
90 RICHMOND ROADTerraced, FreeholdArea: 106 Sq.mtrAge: 1900-1929	29 Sep 2023	£230,000	0.0
	29 Sep 2023	£230,000	557.24%
	30 May 1997	£34,995	First Sale
104 RICHMOND ROADTerraced, FreeholdArea: 93 Sq.mtrAge: 1900-1929	10 Feb 2023	£235,000	21.76%
	10 Aug 2017	£193,000	First Sale
102 RICHMOND ROADTerraced, FreeholdArea: 108 Sq.mtrAge: 1900-1929	16 Aug 2022	£251,500	16.44%
	05 Dec 2017	£216,000	68.75%
	15 Feb 2005	£128,000	First Sale
100 RICHMOND ROADTerraced, FreeholdArea: 131 Sq.mtrAge: before 1900	31 May 2022	£257,500	75.17%
	18 May 2006	£147,000	47.00%
	22 Jul 2004	£100,000	First Sale
68 RICHMOND ROADTerraced, FreeholdArea: 104 Sq.mtrAge: before 1900	17 Feb 2022	£160,000	First Sale
92 RICHMOND ROADTerraced, FreeholdArea: 99.29 Sq.mtrAge: 1900-1929	22 Nov 2017	£198,000	58.40%
	24 Aug 2007	£125,000	127.27%
	29 Jun 2001	£55,000	First Sale
74 RICHMOND ROADTerraced, FreeholdArea: 106 Sq.mtrAge: before 1900	25 Jul 2017	£225,000	82.93%
	18 May 2006	£123,000	161.70%
	11 Nov 2001	£47,000	First Sale
88 RICHMOND ROADTerraced, FreeholdArea: 101 Sq.mtrAge: before 1900	22 Apr 2014	£124,999	228.94%
	14 Apr 1996	£38,000	78.40%
	02 Feb 1996	£21,300	First Sale
96 RICHMOND ROADTerraced, FreeholdArea: 111 Sq.mtrAge: before 1900	30 Mar 2012	£120,000	First Sale
76 RICHMOND ROADTerraced, FreeholdArea: 96 Sq.mtrAge: 1900-1929	13 May 2011	£100,000	198.51%
	31 Oct 1997	£33,500	First Sale
66 RICHMOND ROADTerraced, FreeholdArea: 103 Sq.mtrAge: 1900-1929	14 May 2010	£83,000	First Sale
110 RICHMOND ROADTerraced, Freehold	07 Apr 2008	£129,000	98.48%
110 RICHMOND ROADTerraced, Freehold	17 Oct 2001	£64,995	First Sale
112 RICHMOND ROADTerraced, Freehold	29 Oct 2007	£138,500	45.79%
112 RICHMOND ROADTerraced, Freehold	08 Nov 2002	£95,000	First Sale
84 RICHMOND ROADTerraced, FreeholdArea: 108 Sq.mtrAge: before 1900	11 Nov 2005	£125,000	140.38%
	27 Aug 1999	£52,000	First Sale
64 RICHMOND ROADTerraced, Freehold	28 Feb 2003	£91,000	55.56%
	19 Jul 2000	£58,500	42.68%
	08 Aug 1997	£41,000	First Sale
114 RICHMOND ROADTerraced, FreeholdArea: 80 Sq.mtrAge: before 1900	31 Jan 2003	£101,000	80.36%
	08 Mar 2001	£56,000	69.70%
	09 Aug 1996	£33,000	First Sale
122 RICHMOND ROADTerraced, Freehold	25 Oct 2002	£87,500	16.67%
	14 May 2002	£75,000	78.57%
	22 Jan 1999	£42,000	5.01%
	21 Aug 1996	£39,995	42.84%
	24 May 1996	£28,000	First Sale
72 RICHMOND ROADTerraced, FreeholdArea: 95 Sq.mtrAge: 1900-1929	16 Mar 2001	£58,995	First Sale
108 RICHMOND ROADSemi-Detached, FreeholdArea: 101 Sq.mtrAge: before 1900	28 Feb 1995	£33,000	First Sale

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

RICHMOND ROAD, ME7 1LR Near By properties

Interactive Map

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

Flat
- The average price is around £80,368 median price is £81,000 Standard Deviation is £38,060 with Total Sold: 587
- The Last 5 Year average price is £128,293 with Total Sold: 87
- 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)
Terraced
- The average price is around £111,486 median price is £108,000 Standard Deviation is £64,054 with Total Sold: 4,426
- The Last 5 Year average price is £213,215 with Total Sold: 601
- The most recent sale happened at this postcode is , 12 VICTORIA STREET: £217,500 (Sold on 13 Aug 2024)
- The first recorded sale happened at this postcode is , 175 VICTORIA STREET: £34,250 (Sold on 06 Jan 1995)
Semi-Detached
- The average price is around £133,498 median price is £120,000 Standard Deviation is £77,540 with Total Sold: 440
- The Last 5 Year average price is £242,426 with Total Sold: 49
- The most recent sale happened at this postcode is , 9 LESLIE ROAD: £285,000 (Sold on 31 Jul 2024)
- The first recorded sale happened at this postcode is , 16 CLIFTON ROAD: £56,000 (Sold on 09 Jan 1995)
Other
- The average price is around £439,498 median price is £201,750 Standard Deviation is £715,965 with Total Sold: 36
- The Last 5 Year average price is £406,317 with Total Sold: 21
- The most recent sale happened at this postcode is , 24 PIER ROAD: £350,000 (Sold on 26 Apr 2024)
- The first recorded sale happened at this postcode is , 44 JEFFERY STREET: £5,000 (Sold on 08 May 2015)
Detached
- The average price is around £175,162 median price is £150,000 Standard Deviation is £124,026 with Total Sold: 79
- 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	£131,333	£2,907	6
2023	£139,839	£2,863	14
2022	£139,210	£2,581	19
2021	£127,408	£2,477	19
2020	£123,909	£2,346	11
2019	£110,389	£2,253	18
2018	£113,220	£2,212	15
2017	£117,825	£2,275	20
2016	£105,217	£2,091	29
2015	£93,651	£1,845	36
2014	£93,921	£1,740	19
2013	£74,542	£1,481	12
2012	£59,958	£1,267	3
2011	£70,111	£1,301	9
2010	£82,611	£1,487	9
2009	£62,490	£1,308	5
2008	£92,711	£1,725	13
2007	£95,770	£2,181	41
2006	£84,000	£1,705	43
2005	£83,052	£1,581	19
2004	£75,692	£1,627	48
2003	£61,002	£1,295	28
2002	£52,039	£1,017	38
2001	£39,233	£847	19
2000	£31,226	£602	28
1999	£30,038	£603	17
1998	£27,291	£533	12
1997	£23,977	£445	11
1996	£22,899	£538	15
1995	£25,945	£524	11

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£220,915	£2,973	44
2023	£231,190	£2,983	103
2022	£230,991	£3,012	124
2021	£217,995	£2,740	141
2020	£185,181	£2,477	89
2019	£187,479	£2,512	100
2018	£189,633	£2,493	102
2017	£187,700	£2,475	143
2016	£174,909	£2,332	159
2015	£149,595	£2,041	159
2014	£132,308	£1,743	135
2013	£113,372	£1,571	84
2012	£115,831	£1,545	81
2011	£110,586	£1,415	78
2010	£110,837	£1,429	92
2009	£106,645	£1,365	74
2008	£128,791	£1,644	91
2007	£130,057	£1,740	209
2006	£119,211	£1,588	232
2005	£112,851	£1,529	173
2004	£108,594	£1,440	156
2003	£91,707	£1,233	202
2002	£74,874	£1,013	260
2001	£60,164	£798	283
2000	£51,782	£717	255
1999	£44,272	£569	212
1998	£40,198	£514	197
1997	£36,071	£476	168
1996	£34,712	£451	147
1995	£32,499	£429	133

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£285,000		1
2023	£287,000	£2,813	7
2022	£249,262	£3,368	9
2021	£249,893	£3,003	14
2020	£193,429	£3,078	7
2019	£226,273	£2,810	11
2018	£219,143	£2,781	14
2017	£228,077	£2,820	13
2016	£252,308	£2,357	13
2015	£191,142	£2,534	7
2014	£183,269	£2,082	13
2013	£148,113	£2,120	11
2012	£133,200	£1,885	10
2011	£118,392	£1,509	13
2010	£126,587	£1,598	9
2009	£99,471	£1,369	13
2008	£120,147	£1,657	17
2007	£153,136	£1,903	27
2006	£136,532	£1,759	31
2005	£126,055	£1,819	18
2004	£134,714	£1,616	21
2003	£109,591	£1,263	19
2002	£117,148	£1,240	27
2001	£73,749	£1,161	15
2000	£58,227	£782	23
1999	£56,745	£733	13
1998	£50,545	£750	11
1997	£51,627	£580	20
1996	£39,623	£497	15
1995	£43,052	£516	18

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£350,000		1
2023	£910,195	£3,225	3
2022	£440,900	£4,533	5
2021	£331,314	£1,740	5
2020	£230,333		3
2019	£225,000	£1,022	4
2018	£546,843	£2,052	9
2017	£175,000		1
2016	£677,567	£6,809	3
2015	£80,000	£3,039	2

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	£259,750	£3,153	4
2015	£219,333	£2,515	3
2014	£197,250	£1,921	6
2013	£153,750	£2,542	4
2012	£112,500	£1,506	1
2010	£308,750	£1,846	2
2009	£250,000		2
2008	£95,000	£2,111	1
2007	£250,000		1
2006	£167,900	£1,547	5
2005	£155,000		1
2004	£175,667	£1,396	3
2003	£159,434	£1,536	6
2002	£162,750	£1,674	4
2001	£84,509	£1,992	5
2000	£123,998	£1,082	4
1999	£66,199	£807	5
1998	£77,862	£657	4
1997	£68,750	£615	3
1996	£56,250	£549	2
1995	£61,167	£436	3

House Type in ME7 1LR area

The most common house types in the ME7 1LR postcode area are Terraced (81), Flat (16), and Shared house (14).

Total	126
Terraced	81
Flat	16
Shared house	14
Detached	7
Semi-detached	5
converted building	2
commercial building	1
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 outright (26).

Private rented: Private landlord or letting agency	72
Owned: Owns outright	26
Owned: Owns with a mortgage or loan	25
Social rented: Rents from council or Local Authority	2
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the ME7 1LR have 1 person in household (37), and 2 people in household (32).

1 person in household	37
2 people in household	32
3 people in household	26
4 people in household	20
5 people in household	6
6 people in household	5
7 people in household	1
0 people in household	0
8 or more people in household	0