Housing Market Analysis for THIRD AVENUE, ME7 2LY

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £195,273 median price is £195,000 Standard Deviation is £102,432 with Total Sold: 11
    • The Last 5 Year average price is £351,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 124 THIRD AVENUE: £445,000 (Sold on 24 Feb 2023)
    • The first recorded sale happened at this postcode is 130 THIRD AVENUE: £85,000 (Sold on 30 Jun 1995)
  • Semi-Detached
    • The average price is around £195,496 median price is £195,000 Standard Deviation is £82,528 with Total Sold: 13
    • The most recent sale happened at this postcode is 116 THIRD AVENUE: £315,000 (Sold on 05 Jul 2018)
    • The first recorded sale happened at this postcode is 132 THIRD AVENUE: £76,000 (Sold on 09 Aug 1996)
  • Terraced
    • The average price is around £128,500 median price is £128,500 Standard Deviation is £58,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 142 THIRD AVENUE: £187,000 (Sold on 29 Sep 2006)
    • The first recorded sale happened at this postcode is 142 THIRD AVENUE: £70,000 (Sold on 28 Jun 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average ME7 2LY 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£445,000 £3,618 1
2022£257,000 £2,570 1
2017£230,000 £2,447 1
2014£250,000 £2,155 1
2012£225,000 £1,940 1
2005£195,000 £1,996 1
2000£152,000 £1,320 2
1998£88,000 £880 1
1996£69,000 £706 1
1995£85,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£352,500 £2,818 2
2012£215,000 £1,985 1
2011£195,000 £2,439 1
2010£225,000 £1,573 1
2009£175,0001
2007£220,000 £2,751 1
2004£187,000 £1,727 1
2003£199,000 £1,392 1
2001£127,450 £1,177 1
1999£112,0001
1997£104,9951
1996£76,000 £950 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£187,0001
1999£70,0001

All the Sales in the THIRD AVENUE, ME7 2LY

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

AddressSold DatePrice% Change
124 THIRD AVENUEDetached, FreeholdArea: 123 Sq.mtrAge: 1930-194924 Feb 2023£445,000First Sale
136 THIRD AVENUEDetached, FreeholdArea: 100 Sq.mtrAge: 1967-197528 Jan 2022£257,00094.70%
24 Mar 2000£132,00050.00%
27 Nov 1998£88,000First Sale
116 THIRD AVENUESemi-Detached, FreeholdArea: 108.3 Sq.mtrAge: 1930-194905 Jul 2018£315,00046.51%
27 Apr 2012£215,00014.97%
12 Mar 2004£187,00046.72%
06 Aug 2001£127,450First Sale
118 THIRD AVENUESemi-Detached, FreeholdArea: 143 Sq.mtrAge: 1930-194911 May 2018£390,00073.33%
28 Oct 2010£225,00013.07%
11 Jul 2003£199,000First Sale
146 THIRD AVENUEDetached, FreeholdArea: 94 Sq.mtrAge: 1950-196624 Aug 2017£230,000First Sale
138 THIRD AVENUEDetached, FreeholdArea: 116 Sq.mtrAge: 1930-194910 Oct 2014£250,00011.11%
22 Jun 2012£225,00015.38%
29 Apr 2005£195,000182.61%
16 May 1996£69,000First Sale
132 THIRD AVENUESemi-Detached, FreeholdArea: 79.96 Sq.mtrAge: 1930-194910 Jun 2011£195,000-11.36%
01 Feb 2007£220,000189.47%
09 Aug 1996£76,000First Sale
148 THIRD AVENUESemi-Detached, Freehold06 Nov 2009£175,00056.25%
26 Nov 1999£112,0006.67%
29 Aug 1997£104,995First Sale
142 THIRD AVENUETerraced, Freehold29 Sep 2006£187,000167.14%
28 Jun 1999£70,000First Sale
144 THIRD AVENUEDetached, Freehold26 May 2000£172,000First Sale
130 THIRD AVENUEDetached, Freehold30 Jun 1995£85,000First Sale

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

THIRD AVENUE, ME7 2LY Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £146,722 median price is £135,000 Standard Deviation is £82,580 with Total Sold: 1,814
    • The Last 5 Year average price is £271,004 with Total Sold: 245
    • The most recent sale happened at this postcode is , 43 BARNSOLE ROAD: £295,000 (Sold on 09 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 £189,856 median price is £175,000 Standard Deviation is £101,694 with Total Sold: 792
    • The Last 5 Year average price is £335,856 with Total Sold: 103
    • 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 £225,961 median price is £206,000 Standard Deviation is £126,410 with Total Sold: 280
    • The Last 5 Year average price is £396,236 with Total Sold: 35
    • 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 £336,210 median price is £165,000 Standard Deviation is £436,207 with Total Sold: 21
    • The Last 5 Year average price is £411,292 with Total Sold: 12
    • 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 , 78 LIVINGSTONE ROAD: £385,000 (Sold on 04 Jul 2014)
  • Flat
    • The average price is around £101,394 median price is £96,000 Standard Deviation is £39,790 with Total Sold: 37
    • The Last 5 Year average price is £156,666 with Total Sold: 6
    • The most recent sale happened at this postcode is , 210A NAPIER ROAD: £134,999 (Sold on 03 Oct 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£272,667 £2,619 24
2023£276,479 £3,301 47
2022£286,616 £3,318 56
2021£268,022 £3,067 72
2020£250,207 £2,628 46
2019£237,750 £2,716 52
2018£232,936 £2,732 51
2017£236,186 £2,708 59
2016£222,720 £2,478 66
2015£178,201 £2,085 64
2014£165,997 £1,936 52
2013£154,653 £1,828 38
2012£134,641 £1,640 39
2011£153,524 £1,631 40
2010£156,370 £1,929 27
2009£131,371 £1,621 35
2008£149,277 £1,722 32
2007£162,009 £1,813 85
2006£149,224 £1,622 86
2005£140,901 £1,619 60
2004£136,141 £1,541 73
2003£123,758 £1,425 74
2002£105,384 £1,214 84
2001£78,908 £891 109
2000£72,536 £810 81
1999£58,707 £663 76
1998£54,820 £611 72
1997£51,942 £543 75
1996£44,694 £509 86
1995£44,267 £472 53
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£363,556 £3,008 9
2023£360,167 £3,560 18
2022£370,503 £3,411 21
2021£320,862 £2,986 39
2020£284,000 £2,888 16
2019£308,192 £2,898 23
2018£312,283 £2,897 24
2017£299,289 £2,857 19
2016£251,965 £2,585 30
2015£242,172 £2,291 29
2014£210,216 £2,204 19
2013£207,932 £1,720 22
2012£211,393 £1,914 14
2011£192,685 £1,829 22
2010£178,861 £1,722 18
2009£165,859 £1,691 32
2008£192,911 £1,891 17
2007£190,771 £2,022 35
2006£202,654 £1,682 45
2005£161,625 £1,562 35
2004£163,374 £1,581 28
2003£153,646 £1,468 48
2002£133,044 £1,209 17
2001£122,901 £1,055 36
2000£92,125 £865 32
1999£80,240 £744 31
1998£77,078 £775 32
1997£68,223 £597 30
1996£68,814 £592 20
1995£62,383 £511 31
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£318,0843
2023£470,200 £3,751 10
2022£433,500 £4,579 10
2021£298,571 £3,413 7
2020£357,400 £3,391 5
2019£339,125 £3,229 8
2018£401,710 £3,038 7
2017£343,955 £3,050 11
2016£335,388 £3,157 8
2015£322,286 £2,343 7
2014£293,417 £2,256 6
2013£219,079 £2,131 12
2012£249,518 £2,092 11
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£234,538 £2,179 13
2005£226,272 £2,071 9
2004£163,970 £1,700 5
2003£183,999 £1,899 8
2002£177,824 £1,528 17
2001£137,917 £1,324 12
2000£124,583 £1,083 12
1999£119,064 £1,009 17
1998£94,377 £904 13
1997£83,000 £778 14
1996£86,624 £788 8
1995£84,358 £767 12
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£345,0001
2022£813,000 £31 3
2021£190,000 £1,071 3
2020£316,300 £625 5
2019£475,0001
2018£153,3333
2017£147,5002
2015£427,4071
2014£233,750 £2,053 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£156,666 £3,039 6
2019£180,000 £2,769 1
2018£138,500 £2,234 1
2017£98,496 £2,519 3
2016£125,000 £2,027 2
2015£140,0001
2013£65,000 £1,000 1
2011£92,000 £1,386 1
2007£112,333 £2,101 3
2006£96,699 £2,137 5
2005£104,000 £1,836 2
2004£84,5002
2003£55,0001
2002£61,667 £1,440 3
2001£49,9991
1999£46,5001
1998£37,4001
1996£37,000 £673 1
1995£42,2001

House Type in ME7 2LY area

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