Housing Market Analysis for PIER ROAD, ME7 1TZ

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

Overview of Sold House prices

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

  • Other
    • The average price is around £598,553 median price is £598,553 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 151 PIER ROAD: £598,553 (Sold on 21 Dec 2018)
    • The first recorded sale happened at this postcode is 151 PIER ROAD: £598,553 (Sold on 21 Dec 2018)
  • Flat
    • The average price is around £24,000 median price is £24,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 151A PIER ROAD: £24,000 (Sold on 04 May 1995)
    • The first recorded sale happened at this postcode is 151A PIER ROAD: £24,000 (Sold on 04 May 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average ME7 1TZ 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£598,5531
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
1995£24,0001

All the Sales in the PIER ROAD, ME7 1TZ

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

AddressSold DatePrice% Change
151 PIER ROADOther, Freehold21 Dec 2018£598,553First Sale
151A PIER ROADFlat, Leasehold04 May 1995£24,000First Sale

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

PIER ROAD, ME7 1TZ Near By properties

Interactive Map

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

  • Flat
    • The average price is around £192,782 median price is £182,000 Standard Deviation is £70,832 with Total Sold: 1,005
    • The Last 5 Year average price is £201,430 with Total Sold: 169
    • 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 £155,057 median price is £145,000 Standard Deviation is £82,433 with Total Sold: 240
    • The Last 5 Year average price is £263,388 with Total Sold: 28
    • 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 £121,888 median price is £116,995 Standard Deviation is £66,779 with Total Sold: 1,149
    • The Last 5 Year average price is £222,672 with Total Sold: 161
    • The most recent sale happened at this postcode is , 101 CORPORATION ROAD: £220,000 (Sold on 27 Jun 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 £2,271,436 median price is £206,750 Standard Deviation is £8,924,238 with Total Sold: 24
    • The Last 5 Year average price is £5,149,418 with Total Sold: 10
    • 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 £237,967 median price is £189,995 Standard Deviation is £164,852 with Total Sold: 23
    • The Last 5 Year average price is £400,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 91 INGRAM ROAD: £400,000 (Sold on 12 Feb 2024)
    • 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£187,179 £3,501 14
2023£194,828 £3,529 40
2022£211,193 £3,591 38
2021£205,734 £3,401 43
2020£198,708 £3,798 34
2019£194,932 £3,539 200
2018£222,360 £3,489 40
2017£213,351 £3,872 220
2016£209,231 £3,938 66
2015£196,605 £3,086 93
2014£201,228 £2,873 38
2013£171,810 £3,221 63
2012£151,008 £2,722 22
2011£135,507 £2,693 57
2010£274,167 £3,814 3
2008£85,833 £1,742 3
2007£110,678 £2,602 9
2006£97,998 £1,606 3
2005£64,000 £2,374 1
2004£73,667 £1,311 3
2003£59,750 £1,762 2
2002£52,624 £1,304 4
2001£34,9951
2000£29,995 £588 1
1999£34,667 £595 3
1998£44,500 £511 1
1997£34,0001
1996£19,0001
1995£24,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£202,5002
2023£229,000 £3,406 3
2022£295,545 £3,425 8
2021£270,269 £3,103 13
2020£202,500 £3,543 2
2019£243,769 £2,822 13
2018£267,533 £2,907 15
2017£208,286 £2,824 7
2016£217,312 £2,386 8
2015£184,143 £2,535 7
2014£172,777 £2,094 9
2013£145,650 £1,922 5
2012£167,249 £1,773 14
2011£159,964 £1,705 14
2009£103,286 £1,589 7
2008£139,000 £1,958 4
2007£140,287 £1,945 13
2006£137,962 £1,997 13
2005£127,633 £1,711 9
2004£141,916 £1,660 6
2003£106,167 £1,318 3
2002£102,850 £1,405 10
2001£83,186 £1,413 4
2000£62,374 £825 12
1999£51,000 £764 3
1998£58,416 £798 6
1997£51,144 £615 12
1996£48,175 £539 10
1995£47,931 £556 8
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£227,643 £2,679 7
2023£244,653 £3,150 34
2022£236,487 £3,052 36
2021£219,439 £2,905 49
2020£190,643 £2,527 35
2019£198,346 £2,508 40
2018£203,843 £2,524 27
2017£191,928 £2,466 33
2016£179,906 £2,301 43
2015£155,451 £1,926 38
2014£140,363 £1,777 33
2013£111,422 £1,417 24
2012£128,377 £1,529 49
2011£134,673 £1,491 33
2010£115,037 £1,383 20
2009£113,958 £1,427 18
2008£121,238 £1,468 21
2007£131,316 £1,797 37
2006£121,208 £1,580 69
2005£111,833 £1,470 42
2004£111,591 £1,405 44
2003£91,049 £1,196 43
2002£74,952 £985 70
2001£63,506 £821 54
2000£52,871 £686 55
1999£44,168 £552 48
1998£40,789 £504 35
1997£38,299 £496 48
1996£34,720 £448 27
1995£32,277 £405 37
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£350,0001
2023£212,333 £3,757 3
2022£160,000 £3,805 1
2021£665,667 £7,865 3
2020£24,175,0912
2019£110,3333
2018£205,431 £2,343 5
2017£192,000 £2,043 1
2016£354,377 £7,823 3
2015£132,000 £830 1
2014£275,000 £2,500 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£400,0001
2019£725,0001
2017£275,000 £2,806 1
2016£365,000 £1,975 1
2014£352,500 £2,500 2
2013£160,000 £3,118 1
2012£255,000 £1,695 2
2011£325,000 £1,657 1
2007£400,000 £1,530 2
2006£150,0001
2003£113,750 £1,471 2
2002£155,249 £1,907 4
1999£60,000 £750 1
1998£48,5001
1997£56,250 £1,096 1
1996£45,0001

House Type in ME7 1TZ area

The most common house types in the ME7 1TZ postcode area are Terraced (131), Flat (26), and Semi-detached (21).

Total188
Terraced131
Flat26
Semi-detached21
Detached8
Shared house1
converted building1
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (85), and Owned: Owns outright (45).

Owned: Owns with a mortgage or loan85
Owned: Owns outright45
Private rented: Private landlord or letting agency42
Social rented: Other social rented10
Private rented: Other private rented5
Shared ownership: Shared ownership1
Social rented: Rents from council or Local Authority1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the ME7 1TZ have 2 people in household (72), and 3 people in household (48).

2 people in household72
3 people in household48
1 person in household36
4 people in household22
5 people in household6
7 people in household3
6 people in household2
0 people in household0
8 or more people in household0