Housing Market Analysis for ME7 2LT

Are you looking to understand ME7 2LT 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 2LT area, explore the ME7 2LT Area information page.
For comprehensive crime statistics in the ME7 2LT area, explore the ME7 2LT Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME7 2LT postcode area, The average prices are as follows,

    Sold Price Trend Over the Years:

    Below table and chart gives the average ME7 2LT 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 2LT

    See the table below for more details on the sold house prices in the ME7 2LT, Medway postcode.

    AddressSold DatePrice% Change

    Check out the sold house prices near the ME7 2LT postcode. Properties currently for saleProperties currently for rent

    ME7 2LT Near By properties

    Interactive Map

    This Interactive map can help you visualize the nearby sold house in the ME7 2LT 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 2LT postcode.

    • Terraced
      • The average price is around £149,762 median price is £140,000 Standard Deviation is £83,301 with Total Sold: 1,570
      • The Last 5 Year average price is £267,155 with Total Sold: 271
      • The most recent sale happened at this postcode is , 59 ALEXANDRA AVENUE: £320,000 (Sold on 06 Sep 2024)
      • The first recorded sale happened at this postcode is , 126 ALBANY ROAD: £44,500 (Sold on 20 Jan 1995)
    • Semi-Detached
      • The average price is around £189,696 median price is £175,000 Standard Deviation is £98,884 with Total Sold: 684
      • The Last 5 Year average price is £321,940 with Total Sold: 110
      • The most recent sale happened at this postcode is , 18 MALVERN ROAD: £388,000 (Sold on 28 Aug 2024)
      • The first recorded sale happened at this postcode is , 36 FIRST AVENUE: £74,000 (Sold on 06 Jan 1995)
    • Detached
      • The average price is around £233,489 median price is £218,750 Standard Deviation is £129,105 with Total Sold: 248
      • The Last 5 Year average price is £396,648 with Total Sold: 39
      • The most recent sale happened at this postcode is , 48 CLEAVE ROAD: £275,000 (Sold on 09 Aug 2024)
      • The first recorded sale happened at this postcode is , 102 FIRST AVENUE: £69,000 (Sold on 17 Feb 1995)
    • Other
      • The average price is around £370,550 median price is £200,000 Standard Deviation is £456,424 with Total Sold: 18
      • The Last 5 Year average price is £491,364 with Total Sold: 11
      • The most recent sale happened at this postcode is , MEDWAY FEATHER CO BRASENOSE ROAD: £345,000 (Sold on 14 Jul 2023)
      • The first recorded sale happened at this postcode is , 61 STURDEE AVENUE: £82,500 (Sold on 19 Dec 2014)
    • Flat
      • The average price is around £101,404 median price is £97,664 Standard Deviation is £45,752 with Total Sold: 20
      • The Last 5 Year average price is £167,500 with Total Sold: 4
      • The most recent sale happened at this postcode is , 157B BARNSOLE ROAD: £145,000 (Sold on 30 Sep 2022)
      • The first recorded sale happened at this postcode is GROUND FLOOR FLAT, 32 MALVERN ROAD: £42,200 (Sold on 18 May 1995)

    Sold Price Trend Over the Years:

    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£281,350 £2,646 20
    2023£279,533 £3,313 46
    2022£287,702 £3,323 52
    2021£270,231 £3,122 61
    2020£250,284 £2,641 44
    2019£238,677 £2,727 48
    2018£236,776 £2,776 44
    2017£234,605 £2,722 52
    2016£218,789 £2,500 57
    2015£185,399 £2,095 51
    2014£168,071 £1,935 45
    2013£155,919 £1,854 36
    2012£138,288 £1,657 33
    2011£158,775 £1,681 34
    2010£157,782 £2,024 23
    2009£135,870 £1,722 27
    2008£152,010 £1,711 26
    2007£162,406 £1,840 77
    2006£155,640 £1,642 66
    2005£143,916 £1,691 47
    2004£137,044 £1,538 67
    2003£129,961 £1,470 63
    2002£107,185 £1,254 69
    2001£82,129 £923 97
    2000£74,980 £808 66
    1999£60,672 £680 60
    1998£55,993 £624 64
    1997£53,109 £541 68
    1996£45,063 £515 79
    1995£45,373 £479 48
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£350,778 £2,576 9
    2023£353,625 £3,664 16
    2022£369,493 £3,615 19
    2021£298,783 £3,063 34
    2020£274,636 £3,057 11
    2019£304,686 £2,947 21
    2018£320,395 £3,032 21
    2017£304,528 £2,993 18
    2016£255,443 £2,629 27
    2015£242,040 £2,310 25
    2014£210,300 £2,210 17
    2013£216,500 £1,899 18
    2012£208,423 £1,924 13
    2011£195,479 £1,840 21
    2010£171,766 £1,784 15
    2009£166,442 £1,692 30
    2008£186,187 £1,908 16
    2007£192,344 £2,081 27
    2006£202,436 £1,679 39
    2005£158,825 £1,559 32
    2004£160,477 £1,572 23
    2003£147,585 £1,470 41
    2002£130,734 £1,209 16
    2001£124,388 £1,079 32
    2000£85,802 £859 25
    1999£78,676 £739 28
    1998£73,431 £779 29
    1997£65,250 £617 21
    1996£67,331 £607 16
    1995£59,827 £537 24
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£318,0843
    2023£497,125 £3,874 8
    2022£433,500 £4,579 10
    2021£307,143 £3,504 7
    2020£450,000 £3,495 3
    2019£337,875 £3,182 8
    2018£401,710 £3,038 7
    2017£338,727 £3,102 11
    2016£347,586 £3,217 7
    2015£355,200 £2,628 5
    2014£304,700 £2,295 5
    2013£221,111 £2,059 9
    2012£264,744 £2,200 9
    2011£242,444 £2,164 9
    2010£302,700 £2,227 5
    2009£173,458 £1,840 6
    2008£236,562 £2,165 4
    2007£248,814 £2,351 10
    2006£239,082 £2,385 12
    2005£231,181 £2,060 8
    2004£182,462 £1,700 4
    2003£188,666 £1,809 6
    2002£179,625 £1,561 16
    2001£134,333 £1,468 9
    2000£124,583 £1,083 12
    1999£124,623 £1,080 13
    1998£102,082 £904 11
    1997£87,333 £778 12
    1996£86,624 £788 8
    1995£89,073 £767 11
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£345,0001
    2022£813,000 £31 3
    2021£190,000 £1,071 3
    2020£525,333 £625 3
    2019£475,0001
    2018£153,3333
    2017£147,5002
    2015£427,4071
    2014£82,500 £607 1
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£167,500 £2,903 4
    2018£138,500 £2,234 1
    2017£98,496 £2,519 3
    2015£140,0001
    2007£112,333 £2,101 3
    2005£96,0001
    2004£80,0001
    2002£58,0001
    2001£49,9991
    1999£46,5001
    1998£37,4001
    1996£37,000 £673 1
    1995£42,2001

    House Type in ME7 2LT area

    The most common house types in the ME7 2LT postcode area are Terraced (54), Detached (51), and Semi-detached (18).

    Total130
    Terraced54
    Detached51
    Semi-detached18
    Flat7
    Shared house0
    converted building0
    commercial building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Owned: Owns outright (64), and Owned: Owns with a mortgage or loan (42).

    Owned: Owns outright64
    Owned: Owns with a mortgage or loan42
    Private rented: Private landlord or letting agency11
    Social rented: Other social rented6
    Private rented: Other private rented4
    Social rented: Rents from council or Local Authority3
    Does not apply0
    Shared ownership: Shared ownership0
    Lives rent free0

    Number of People in a Household

    The most houses in the ME7 2LT have 2 people in household (52), and 1 person in household (27).

    2 people in household52
    1 person in household27
    4 people in household22
    3 people in household18
    5 people in household8
    6 people in household1
    8 or more people in household1
    0 people in household0
    7 people in household0