Housing Market Analysis for ME7 1RX

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average ME7 1RX 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.

    All the Sales in the ME7 1RX

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

    AddressSold DatePrice% Change

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

    ME7 1RX Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £205,413 median price is £192,000 Standard Deviation is £75,734 with Total Sold: 1,152
      • The Last 5 Year average price is £222,835 with Total Sold: 526
      • 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 , 151A PIER ROAD: £24,000 (Sold on 04 May 1995)
    • Semi-Detached
      • The average price is around £155,226 median price is £140,000 Standard Deviation is £87,772 with Total Sold: 148
      • The Last 5 Year average price is £284,039 with Total Sold: 22
      • 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 , 7 LESLIE ROAD: £42,000 (Sold on 08 Feb 1995)
    • Terraced
      • The average price is around £118,558 median price is £114,000 Standard Deviation is £66,486 with Total Sold: 565
      • The Last 5 Year average price is £215,904 with Total Sold: 98
      • The most recent sale happened at this postcode is , 39 MEDWAY ROAD: £196,000 (Sold on 05 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 £3,112,098 median price is £292,500 Standard Deviation is £10,187,925 with Total Sold: 18
      • The Last 5 Year average price is £4,565,818 with Total Sold: 11
      • 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 £128,188 median price is £120,250 Standard Deviation is £71,703 with Total Sold: 12
      • The most recent sale happened at this postcode is , CHESTNUT COTTAGE PIER APPROACH ROAD: £275,000 (Sold on 22 Aug 2017)
      • The first recorded sale happened at this postcode is , 1 CORPORATION ROAD: £45,000 (Sold on 16 Oct 1996)

    Sold Price Trend Over the Years:

    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£195,500 £3,656 15
    2023£222,942 £3,648 47
    2022£235,485 £3,740 60
    2021£259,600 £3,762 169
    2020£198,058 £3,751 36
    2019£194,317 £3,541 199
    2018£219,376 £3,440 41
    2017£212,947 £3,867 221
    2016£215,179 £4,008 63
    2015£193,277 £3,033 95
    2014£203,355 £2,886 37
    2013£171,810 £3,221 63
    2012£152,723 £2,766 21
    2011£140,758 £2,829 50
    2010£221,875 £2,825 4
    2008£75,911 £1,522 3
    2007£107,567 £2,568 9
    2006£83,9982
    2004£61,000 £1,020 2
    2003£67,995 £1,214 1
    2002£57,333 £759 3
    2000£22,149 £466 4
    1999£31,250 £606 2
    1996£17,374 £352 4
    1995£24,0001
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£285,0001
    2023£237,000 £2,926 1
    2022£291,872 £3,377 5
    2021£280,071 £3,070 7
    2020£240,000 £3,158 1
    2019£295,286 £2,850 7
    2018£285,864 £2,958 11
    2017£226,333 £2,699 3
    2016£204,917 £2,512 6
    2015£181,500 £2,680 4
    2014£171,888 £2,100 9
    2013£157,125 £1,845 2
    2012£139,000 £1,580 1
    2011£134,400 £1,682 5
    2010£135,000 £1,673 1
    2009£108,750 £1,279 4
    2008£135,125 £2,013 4
    2007£139,019 £1,838 9
    2006£146,333 £1,758 9
    2005£132,749 £1,867 4
    2004£141,916 £1,660 6
    2003£102,750 £1,308 4
    2002£106,500 £1,278 7
    2001£71,333 £1,314 3
    2000£67,499 £739 7
    1998£56,667 £630 3
    1997£51,352 £562 12
    1996£48,875 £568 4
    1995£48,430 £529 8
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£200,500 £2,679 4
    2023£219,956 £2,996 18
    2022£248,425 £3,191 16
    2021£226,500 £2,811 28
    2020£184,632 £2,495 19
    2019£197,892 £2,454 13
    2018£203,500 £2,539 9
    2017£193,588 £2,508 17
    2016£184,621 £2,359 21
    2015£155,096 £1,881 23
    2014£138,567 £1,721 15
    2013£113,630 £1,507 12
    2012£119,368 £1,481 19
    2011£118,833 £1,444 9
    2010£108,182 £1,218 11
    2009£113,222 £1,409 9
    2008£124,300 £1,520 10
    2007£133,668 £1,764 15
    2006£127,528 £1,621 33
    2005£106,226 £1,328 21
    2004£111,952 £1,469 21
    2003£88,924 £1,150 23
    2002£76,179 £982 39
    2001£65,345 £801 28
    2000£52,198 £654 29
    1999£41,383 £542 22
    1998£39,712 £501 24
    1997£38,376 £514 27
    1996£32,917 £426 11
    1995£32,208 £481 19
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£350,0001
    2023£759,250 £3,757 4
    2022£235,000 £5,507 2
    2021£628,500 £2,581 2
    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
    2017£275,000 £2,806 1
    2014£245,000 £2,500 1
    2013£160,000 £3,118 1
    2006£150,0001
    2003£113,750 £1,471 2
    2002£135,500 £1,907 2
    1999£60,000 £750 1
    1998£48,5001
    1997£56,250 £1,096 1
    1996£45,0001

    House Type in ME7 1RX area

    The most common house types in the ME7 1RX postcode area are Flat (104), commercial building (3), and Semi-detached (1).

    Total109
    Flat104
    commercial building3
    Semi-detached1
    Terraced1
    Detached0
    Shared house0
    converted 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 (79), and Owned: Owns with a mortgage or loan (13).

    Private rented: Private landlord or letting agency79
    Owned: Owns with a mortgage or loan13
    Owned: Owns outright8
    Social rented: Other social rented3
    Private rented: Other private rented3
    Social rented: Rents from council or Local Authority2
    Shared ownership: Shared ownership1
    Does not apply0
    Lives rent free0

    Number of People in a Household

    The most houses in the ME7 1RX have 1 person in household (70), and 2 people in household (28).

    1 person in household70
    2 people in household28
    3 people in household5
    4 people in household4
    0 people in household0
    5 people in household0
    6 people in household0
    7 people in household0
    8 or more people in household0