Housing Market Analysis for ME7 2LX

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    ME7 2LX Near By properties

    Interactive Map

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

    • Terraced
      • The average price is around £149,062 median price is £138,000 Standard Deviation is £83,392 with Total Sold: 1,631
      • The Last 5 Year average price is £268,120 with Total Sold: 275
      • 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 £192,579 median price is £178,000 Standard Deviation is £102,670 with Total Sold: 762
      • The Last 5 Year average price is £332,864 with Total Sold: 121
      • 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 £231,258 median price is £211,998 Standard Deviation is £127,518 with Total Sold: 258
      • The Last 5 Year average price is £391,781 with Total Sold: 40
      • 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 £370,257 median price is £165,000 Standard Deviation is £465,601 with Total Sold: 21
      • The Last 5 Year average price is £465,036 with Total Sold: 14
      • 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 £105,147 median price is £99,328 Standard Deviation is £47,684 with Total Sold: 21
      • The Last 5 Year average price is £170,000 with Total Sold: 5
      • 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£278,348 £2,646 23
    2023£279,216 £3,330 44
    2022£291,163 £3,344 52
    2021£269,979 £3,108 66
    2020£249,534 £2,621 44
    2019£241,457 £2,726 46
    2018£239,803 £2,778 45
    2017£237,653 £2,724 52
    2016£217,591 £2,492 55
    2015£183,363 £2,122 53
    2014£168,515 £1,954 46
    2013£156,301 £1,848 36
    2012£137,554 £1,655 37
    2011£155,407 £1,650 38
    2010£160,640 £1,968 25
    2009£134,689 £1,684 29
    2008£149,277 £1,722 32
    2007£163,303 £1,828 80
    2006£154,665 £1,646 73
    2005£142,405 £1,685 52
    2004£136,549 £1,542 69
    2003£128,763 £1,465 63
    2002£108,582 £1,253 70
    2001£81,589 £928 96
    2000£75,851 £866 71
    1999£60,474 £678 66
    1998£55,558 £622 69
    1997£53,066 £549 70
    1996£45,321 £513 81
    1995£44,946 £474 48
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£362,7508
    2023£360,167 £3,560 18
    2022£372,778 £3,450 20
    2021£321,937 £2,992 38
    2020£293,857 £2,944 14
    2019£308,192 £2,898 23
    2018£314,867 £2,938 24
    2017£312,825 £2,964 20
    2016£256,677 £2,612 28
    2015£245,963 £2,288 27
    2014£213,061 £2,200 18
    2013£209,543 £1,724 23
    2012£211,393 £1,914 14
    2011£192,685 £1,829 22
    2010£178,861 £1,722 18
    2009£166,442 £1,692 30
    2008£196,916 £1,908 18
    2007£195,671 £1,994 31
    2006£203,765 £1,675 45
    2005£162,859 £1,562 33
    2004£167,730 £1,581 26
    2003£153,934 £1,470 46
    2002£133,044 £1,209 17
    2001£124,831 £1,077 33
    2000£93,903 £865 31
    1999£81,032 £744 29
    1998£77,078 £775 32
    1997£69,296 £618 26
    1996£68,814 £592 20
    1995£62,630 £511 30
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£318,0843
    2023£488,000 £3,779 9
    2022£433,500 £4,579 10
    2021£290,000 £3,543 6
    2020£384,250 £3,262 4
    2019£339,125 £3,229 8
    2018£401,710 £3,038 7
    2017£343,955 £3,050 11
    2016£347,586 £3,217 7
    2015£346,200 £2,518 5
    2014£304,700 £2,295 5
    2013£219,079 £2,131 12
    2012£264,744 £2,200 9
    2011£236,200 £2,096 10
    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£226,272 £2,071 9
    2004£163,970 £1,700 5
    2003£189,571 £1,808 7
    2002£177,824 £1,528 17
    2001£134,333 £1,468 9
    2000£124,583 £1,083 12
    1999£118,940 £1,009 15
    1998£102,082 £904 11
    1997£87,333 £778 12
    1996£86,624 £788 8
    1995£92,080 £767 10
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£345,0001
    2022£813,000 £31 3
    2021£417,500 £1,071 4
    2020£316,300 £625 5
    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
    2019£180,000 £2,769 1
    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 2LX area

    The most common house types in the ME7 2LX 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 2LX 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