Housing Market Analysis for PIER COTTAGES, ME7 1RT

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £59,498 median price is £59,498 Standard Deviation is £3,998 with Total Sold: 2
    • The most recent sale happened at this postcode is 2 PIER COTTAGES: £63,495 (Sold on 21 Feb 1997)
    • The first recorded sale happened at this postcode is 1 PIER COTTAGES: £55,500 (Sold on 28 Jun 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average ME7 1RT 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1997£63,4951
1996£55,500 £437 1

All the Sales in the PIER COTTAGES, ME7 1RT

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

AddressSold DatePrice% Change
2 PIER COTTAGESSemi-Detached, Freehold21 Feb 1997£63,495First Sale
1 PIER COTTAGESSemi-Detached, FreeholdArea: 127 Sq.mtrAge: before 190028 Jun 1996£55,500First Sale

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

PIER COTTAGES, ME7 1RT Near By properties

Interactive Map

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

  • Flat
    • The average price is around £196,816 median price is £189,000 Standard Deviation is £80,286 with Total Sold: 1,236
    • The Last 5 Year average price is £221,262 with Total Sold: 535
    • The most recent sale happened at this postcode is 21, SOUTH SHORE OCEAN DRIVE: £76,000 (Sold on 29 Aug 2024)
    • The first recorded sale happened at this postcode is , 10 ETHEL MAUD COURT: £32,000 (Sold on 17 Feb 1995)
  • Semi-Detached
    • The average price is around £140,411 median price is £129,000 Standard Deviation is £82,808 with Total Sold: 287
    • The Last 5 Year average price is £261,875 with Total Sold: 41
    • 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)
  • Terraced
    • The average price is around £115,034 median price is £111,250 Standard Deviation is £64,137 with Total Sold: 1,615
    • The Last 5 Year average price is £214,168 with Total Sold: 239
    • The most recent sale happened at this postcode is , 35 GARFIELD ROAD: £250,000 (Sold on 29 Jul 2024)
    • The first recorded sale happened at this postcode is , 3 MILNER ROAD: £35,000 (Sold on 20 Jan 1995)
  • Other
    • The average price is around £2,948,356 median price is £275,000 Standard Deviation is £9,940,503 with Total Sold: 19
    • The Last 5 Year average price is £4,185,417 with Total Sold: 12
    • 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 , 48 PIER ROAD: £275,000 (Sold on 20 Jun 2014)
  • Detached
    • The average price is around £143,265 median price is £122,000 Standard Deviation is £84,852 with Total Sold: 33
    • The Last 5 Year average price is £309,000 with Total Sold: 3
    • The most recent sale happened at this postcode is , 15 CLIFTON ROAD: £380,000 (Sold on 07 Sep 2022)
    • The first recorded sale happened at this postcode is , 45 KING WILLIAM ROAD: £38,000 (Sold on 19 Jul 1995)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£188,906 £3,656 16
2023£219,556 £3,646 49
2022£234,330 £3,742 61
2021£257,914 £3,747 171
2020£198,058 £3,751 36
2019£193,401 £3,526 202
2018£214,800 £3,380 43
2017£212,091 £3,854 223
2016£207,210 £3,878 68
2015£191,284 £3,007 98
2014£194,381 £2,710 41
2013£170,141 £2,075 64
2012£152,723 £2,766 21
2011£139,566 £2,805 51
2010£193,500 £2,536 5
2009£89,950 £1,702 1
2008£75,911 £1,522 3
2007£105,736 £2,436 11
2006£90,499 £1,698 9
2005£91,333 £1,610 3
2004£76,248 £1,477 8
2003£70,415 £1,386 6
2002£58,320 £1,100 14
2001£46,498 £846 2
2000£28,757 £562 12
1999£35,200 £649 5
1998£33,374 £581 4
1997£18,750 £268 1
1996£21,415 £352 6
1995£28,0002
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£285,0001
2023£286,000 £3,361 4
2022£282,060 £3,451 6
2021£272,393 £3,068 14
2020£211,667 £3,640 3
2019£243,615 £2,868 13
2018£252,188 £2,895 16
2017£237,200 £3,129 5
2016£215,562 £2,460 8
2015£170,999 £2,534 6
2014£165,681 £2,079 11
2013£139,656 £2,136 8
2012£130,333 £1,870 6
2011£121,225 £1,552 6
2010£135,000 £1,673 1
2009£101,188 £1,477 8
2008£133,499 £1,873 8
2007£144,951 £1,987 17
2006£146,429 £1,898 21
2005£129,363 £1,767 11
2004£131,050 £1,555 10
2003£103,878 £1,230 10
2002£99,343 £1,282 16
2001£77,791 £1,347 6
2000£61,381 £848 17
1999£63,899 £818 5
1998£57,428 £806 7
1997£51,690 £590 17
1996£41,159 £457 11
1995£44,263 £527 15
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£237,000 £2,901 14
2023£232,780 £2,945 40
2022£228,512 £2,910 43
2021£218,319 £2,825 62
2020£187,511 £2,522 45
2019£193,060 £2,522 35
2018£197,611 £2,563 27
2017£191,075 £2,435 57
2016£183,001 £2,349 54
2015£156,790 £1,929 59
2014£137,571 £1,708 47
2013£114,778 £1,514 28
2012£118,738 £1,543 41
2011£117,627 £1,474 32
2010£109,848 £1,356 33
2009£114,298 £1,458 26
2008£126,370 £1,566 27
2007£131,430 £1,716 70
2006£123,541 £1,568 87
2005£115,369 £1,489 65
2004£111,067 £1,455 62
2003£91,899 £1,216 69
2002£77,604 £1,016 100
2001£62,421 £774 85
2000£53,006 £677 86
1999£43,981 £562 84
1998£43,108 £542 72
1997£37,688 £497 62
1996£34,006 £444 52
1995£33,542 £451 51
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£350,0001
2023£759,250 £3,757 4
2022£235,000 £5,507 2
2021£419,333 £1,301 3
2020£44,950,0001
2019£160,0001
2018£954,128 £2,636 5
2016£748,130 £13,359 1
2014£275,000 £2,500 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£303,500 £3,364 2
2021£320,000 £2,955 1
2017£275,000 £2,806 1
2015£224,000 £1,948 1
2014£197,500 £2,277 2
2013£177,500 £2,459 2
2008£95,000 £2,111 1
2006£202,500 £1,825 3
2005£155,0001
2004£122,000 £1,520 1
2003£131,625 £1,536 4
2002£122,000 £1,907 3
2001£66,332 £1,127 3
2000£119,995 £1,143 1
1999£57,665 £831 3
1998£48,5001
1997£56,250 £1,096 1
1996£45,0001
1995£38,000 £330 1

House Type in ME7 1RT area

The most common house types in the ME7 1RT postcode area are Flat (110), Terraced (4), and Semi-detached (3).

Total119
Flat110
Terraced4
Semi-detached3
Detached1
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (56), and Social rented: Other social rented (37).

Private rented: Private landlord or letting agency56
Social rented: Other social rented37
Owned: Owns with a mortgage or loan13
Private rented: Other private rented5
Owned: Owns outright4
Social rented: Rents from council or Local Authority4
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the ME7 1RT have 1 person in household (77), and 2 people in household (30).

1 person in household77
2 people in household30
3 people in household6
4 people in household4
5 people in household3
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0