Housing Market Analysis for VICTORY COTTAGES, ME7 2RX

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £100,225 median price is £105,450 Standard Deviation is £25,296 with Total Sold: 4
    • The most recent sale happened at this postcode is 2 VICTORY COTTAGES: £130,000 (Sold on 04 Mar 2015)
    • The first recorded sale happened at this postcode is 2 VICTORY COTTAGES: £60,000 (Sold on 13 Sep 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average ME7 2RX 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£130,000 £2,500 1
2008£105,450 £2,028 2
2002£60,000 £1,154 1

All the Sales in the VICTORY COTTAGES, ME7 2RX

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

AddressSold DatePrice% Change
2 VICTORY COTTAGESTerraced, FreeholdArea: 52 Sq.mtrAge: 1900-192904 Mar 2015£130,00023.81%
05 Aug 2008£105,000-0.85%
18 Apr 2008£105,90076.50%
13 Sep 2002£60,000First Sale

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

VICTORY COTTAGES, ME7 2RX Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £153,680 median price is £147,000 Standard Deviation is £78,884 with Total Sold: 1,484
    • The Last 5 Year average price is £258,467 with Total Sold: 231
    • The most recent sale happened at this postcode is , 48 WATERSIDE LANE: £376,000 (Sold on 10 Sep 2024)
    • The first recorded sale happened at this postcode is , 289 WOODLANDS ROAD: £38,600 (Sold on 10 Jan 1995)
  • Semi-Detached
    • The average price is around £171,570 median price is £174,995 Standard Deviation is £80,116 with Total Sold: 325
    • The Last 5 Year average price is £269,285 with Total Sold: 53
    • The most recent sale happened at this postcode is , 274 GRANGE ROAD: £327,000 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is , 191 GRANGE ROAD: £60,000 (Sold on 07 Apr 1995)
  • Flat
    • The average price is around £113,779 median price is £122,000 Standard Deviation is £44,757 with Total Sold: 351
    • The Last 5 Year average price is £165,322 with Total Sold: 55
    • The most recent sale happened at this postcode is , 12 CONQUEROR DRIVE: £168,000 (Sold on 05 Aug 2024)
    • The first recorded sale happened at this postcode is , 22 CYPRESS COURT: £41,900 (Sold on 23 Feb 1995)
  • Detached
    • The average price is around £214,608 median price is £215,000 Standard Deviation is £104,996 with Total Sold: 173
    • The Last 5 Year average price is £315,491 with Total Sold: 29
    • The most recent sale happened at this postcode is , 18 GROVE ROAD: £405,000 (Sold on 26 Sep 2023)
    • The first recorded sale happened at this postcode is , CHANTILLY BUTTERMERE CLOSE: £59,995 (Sold on 17 Mar 1995)
  • Other
    • The average price is around £143,797 median price is £132,000 Standard Deviation is £119,836 with Total Sold: 13
    • The Last 5 Year average price is £252,222 with Total Sold: 3
    • The most recent sale happened at this postcode is , 67 CONQUEROR DRIVE: £375,000 (Sold on 21 Apr 2022)
    • The first recorded sale happened at this postcode is , 59 LAYFIELD ROAD: £132,000 (Sold on 06 Nov 2015)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£293,000 £2,695 12
2023£278,487 £3,649 39
2022£275,645 £3,471 38
2021£260,088 £3,370 65
2020£232,406 £2,844 36
2019£233,709 £2,947 41
2018£233,155 £3,037 51
2017£220,214 £3,034 41
2016£214,833 £2,662 48
2015£185,509 £2,427 58
2014£167,983 £2,143 51
2013£140,002 £1,842 36
2012£148,929 £1,884 32
2011£139,198 £1,643 42
2010£161,677 £1,918 24
2009£131,545 £1,944 22
2008£146,556 £1,890 38
2007£177,657 £2,211 111
2006£168,338 £1,982 74
2005£151,223 £1,872 70
2004£137,620 £1,639 60
2003£137,394 £1,614 58
2002£107,129 £1,152 65
2001£92,738 £1,060 102
2000£74,819 £969 68
1999£53,325 £682 52
1998£48,854 £697 47
1997£43,881 £574 41
1996£41,800 £581 30
1995£36,885 £486 32
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£309,500 £2,485 4
2023£281,250 £3,392 6
2022£302,010 £3,442 10
2021£251,500 £3,159 19
2020£267,000 £3,657 3
2019£249,727 £3,011 11
2018£249,750 £3,093 12
2017£249,018 £2,919 14
2016£229,812 £2,331 8
2015£201,818 £2,411 11
2014£166,688 £2,278 8
2013£179,500 £1,957 2
2012£169,345 £1,682 13
2011£169,687 £1,750 16
2010£151,375 £2,110 8
2009£135,800 £1,563 5
2008£188,690 £2,154 11
2007£167,107 £2,112 27
2006£173,680 £2,099 26
2005£176,718 £1,929 13
2004£161,958 £1,866 12
2003£132,874 £1,732 12
2002£111,154 £1,657 9
2001£99,203 £1,297 14
2000£83,070 £957 12
1999£61,500 £935 6
1998£54,336 £678 12
1997£54,317 £663 6
1996£50,917 £523 6
1995£52,271 £783 9
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£186,000 £2,575 6
2023£166,522 £3,724 9
2022£170,667 £3,132 12
2021£167,091 £3,084 11
2020£145,167 £2,561 6
2019£156,455 £2,661 11
2018£133,135 £2,541 13
2017£154,467 £2,751 12
2016£138,500 £2,603 16
2015£122,400 £2,217 15
2014£118,889 £2,131 18
2013£93,565 £1,527 5
2012£107,200 £1,845 5
2011£101,061 £1,763 8
2010£69,479 £1,452 5
2009£93,917 £1,650 3
2008£112,282 £2,179 36
2007£133,995 £2,427 35
2006£92,025 £1,801 14
2005£121,687 £2,098 39
2004£83,000 £1,846 4
2003£82,822 £1,763 10
2002£63,948 £1,480 10
2001£50,098 £1,163 15
2000£49,000 £1,058 4
1999£39,500 £840 14
1998£36,140 £781 5
1997£38,500 £848 3
1996£36,916 £770 6
1995£41,900 £762 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£327,000 £4,241 9
2022£341,844 £4,792 8
2021£264,800 £3,921 5
2020£306,667 £3,607 3
2019£306,875 £3,640 4
2018£387,583 £3,089 6
2017£282,500 £3,869 4
2016£270,944 £3,006 9
2015£280,000 £3,033 4
2014£219,875 £2,685 4
2013£182,600 £2,442 5
2012£216,429 £2,011 7
2011£178,900 £1,898 5
2010£204,000 £2,577 3
2009£242,200 £2,365 5
2008£236,944 £2,130 11
2007£242,411 £2,447 17
2006£227,000 £2,391 3
2005£192,992 £1,954 6
2004£157,299 £1,542 5
2003£214,875 £1,820 8
2002£121,659 £1,591 10
2001£102,999 £1,318 9
2000£121,064 £795 2
1999£72,642 £855 7
1998£93,000 £570 3
1997£68,165 £630 3
1996£55,000 £584 4
1995£67,372 £817 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£315,000 £4,054 2
2021£126,667 £3,519 1
2018£53,0405
2017£166,833 £2,584 3
2016£215,000 £2,287 1
2015£132,000 £830 1

House Type in ME7 2RX area

The most common house types in the ME7 2RX postcode area are Terraced (138), Semi-detached (48), and Detached (3).

Total190
Terraced138
Semi-detached48
Detached3
Flat1
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 with a mortgage or loan (86), and Owned: Owns outright (53).

Owned: Owns with a mortgage or loan86
Owned: Owns outright53
Private rented: Private landlord or letting agency33
Shared ownership: Shared ownership11
Private rented: Other private rented5
Social rented: Other social rented3
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 2RX have 2 people in household (72), and 1 person in household (47).

2 people in household72
1 person in household47
3 people in household37
4 people in household26
5 people in household8
6 people in household1
7 people in household1
0 people in household0
8 or more people in household0