Housing Market Analysis for HERLEVA WAY, ME7 2WJ

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £139,583 median price is £87,500 Standard Deviation is £100,386 with Total Sold: 3
    • The Last 5 Year average price is £183,750 with Total Sold: 2
    • The most recent sale happened at this postcode is 5 HERLEVA WAY: £87,500 (Sold on 15 Jul 2022)
    • The first recorded sale happened at this postcode is 5 HERLEVA WAY: £51,250 (Sold on 29 Jul 2009)
  • Semi-Detached
    • The average price is around £218,498 median price is £249,995 Standard Deviation is £110,255 with Total Sold: 3
    • The most recent sale happened at this postcode is 15 HERLEVA WAY: £335,000 (Sold on 04 Aug 2017)
    • The first recorded sale happened at this postcode is 15 HERLEVA WAY: £249,995 (Sold on 26 Sep 2008)
  • Flat
    • The average price is around £51,250 median price is £51,250 Standard Deviation is £0 with Total Sold: 2
    • The most recent sale happened at this postcode is 5 HERLEVA WAY: £51,250 (Sold on 17 May 2013)
    • The first recorded sale happened at this postcode is 3 HERLEVA WAY: £51,250 (Sold on 16 Jul 2009)
  • Detached
    • The average price is around £211,369 median price is £211,369 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 11 HERLEVA WAY: £211,369 (Sold on 08 Oct 2008)
    • The first recorded sale happened at this postcode is 11 HERLEVA WAY: £211,369 (Sold on 08 Oct 2008)

Sold Price Trend Over the Years:

Below table and chart gives the average ME7 2WJ 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
2022£183,750 £3,771 2
2009£51,250 £466 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£335,000 £6,317 1
2009£70,500 £619 1
2008£249,995 £4,714 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£51,250 £466 1
2009£51,250 £1,243 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2008£211,369 £3,986 1

All the Sales in the HERLEVA WAY, ME7 2WJ

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

AddressSold DatePrice% Change
5 HERLEVA WAYTerraced, LeaseholdArea: 110 Sq.mtrAge: 2007-201115 Jul 2022£87,50070.73%
17 May 2013£51,2500.0
29 Jul 2009£51,250First Sale
7 HERLEVA WAYTerraced, FreeholdArea: 41.5 Sq.mtr28 Jan 2022£280,000First Sale
15 HERLEVA WAYSemi-Detached, FreeholdArea: 53.03 Sq.mtr04 Aug 2017£335,00034.00%
26 Sep 2008£249,995First Sale
3 HERLEVA WAYFlat, LeaseholdArea: 41.24 Sq.mtr16 Jul 2009£51,250First Sale
17 HERLEVA WAYSemi-Detached, LeaseholdArea: 113.98 Sq.mtr27 Mar 2009£70,500First Sale
11 HERLEVA WAYDetached, FreeholdArea: 53.03 Sq.mtr08 Oct 2008£211,369First Sale

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

HERLEVA WAY, ME7 2WJ Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £168,400 median price is £172,000 Standard Deviation is £78,136 with Total Sold: 530
    • The Last 5 Year average price is £268,853 with Total Sold: 80
    • The most recent sale happened at this postcode is , 1 TANGMERE CLOSE: £290,000 (Sold on 28 Aug 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 £182,971 median price is £180,748 Standard Deviation is £82,136 with Total Sold: 230
    • The Last 5 Year average price is £280,016 with Total Sold: 37
    • 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 £115,461 median price is £124,372 Standard Deviation is £47,915 with Total Sold: 254
    • The Last 5 Year average price is £162,236 with Total Sold: 39
    • 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 £229,437 median price is £225,000 Standard Deviation is £115,381 with Total Sold: 191
    • The Last 5 Year average price is £343,520 with Total Sold: 37
    • The most recent sale happened at this postcode is , 11 ARCHBISHOPS CRESCENT: £485,000 (Sold on 28 Mar 2024)
    • 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 £191,215 median price is £126,667 Standard Deviation is £204,817 with Total Sold: 11
    • The Last 5 Year average price is £292,694 with Total Sold: 6
    • 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 , HAZELWOOD BUTTERMERE CLOSE: £300,000 (Sold on 24 Feb 2017)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£285,0003
2023£270,467 £3,941 15
2022£284,926 £3,792 17
2021£272,432 £3,619 22
2020£257,833 £3,048 9
2019£245,607 £3,227 14
2018£229,982 £3,235 20
2017£223,068 £3,048 22
2016£249,370 £2,970 22
2015£200,500 £2,565 28
2014£180,096 £2,381 26
2013£150,125 £1,999 12
2012£158,944 £2,167 9
2011£131,555 £1,789 11
2010£166,295 £2,319 23
2009£134,160 £2,055 14
2008£176,090 £2,206 25
2007£179,418 £2,327 56
2006£172,660 £1,846 29
2005£166,495 £2,056 21
2004£123,666 £1,833 12
2003£119,167 £1,644 9
2002£77,888 £989 9
2001£78,372 £919 20
2000£61,354 £1,007 18
1999£59,353 £812 14
1998£53,462 £724 20
1997£44,808 £582 12
1996£42,375 £704 8
1995£41,232 £580 10
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£376,000 £2,485 2
2023£295,500 £3,166 5
2022£284,325 £3,446 8
2021£255,292 £3,335 12
2020£265,200 £3,562 5
2019£293,400 £3,296 5
2018£254,000 £3,193 9
2017£256,806 £3,227 9
2016£223,250 £2,500 4
2015£191,200 £2,393 5
2014£197,389 £2,265 9
2013£161,000 £2,304 3
2012£129,000 £1,555 3
2011£171,100 £1,835 5
2010£182,455 £2,180 11
2009£181,333 £1,779 6
2008£196,452 £2,388 29
2007£194,366 £2,300 20
2006£179,291 £2,267 18
2005£167,564 £2,038 7
2004£150,312 £1,897 8
2003£120,625 £1,293 4
2002£122,624 £1,893 4
2001£82,118 £1,170 8
2000£78,158 £1,069 6
1999£70,000 £1,066 4
1998£56,582 £754 7
1997£54,980 £620 5
1996£41,250 £509 2
1995£51,419 £783 7
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£193,200 £4,216 5
2023£166,243 £3,814 7
2022£155,944 £2,638 9
2021£158,750 £2,805 8
2020£150,800 £2,455 5
2019£154,000 £2,616 5
2018£134,328 £2,291 16
2017£156,950 £2,747 10
2016£159,286 £2,841 7
2015£129,214 £2,213 14
2014£121,139 £2,092 18
2013£85,679 £1,282 6
2012£90,200 £1,549 5
2011£31,750 £474 1
2010£104,000 £1,777 3
2009£74,227 £1,279 12
2008£118,478 £2,151 31
2007£138,425 £2,470 29
2006£87,558 £1,681 6
2005£118,968 £2,122 10
2004£87,333 £2,008 3
2003£77,040 £1,725 6
2002£65,998 £1,585 6
2001£54,943 £1,259 9
2000£54,000 £1,217 3
1999£40,450 £815 10
1998£39,417 £928 3
1997£38,500 £848 3
1996£39,333 £848 3
1995£41,900 £762 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£485,0001
2023£327,000 £4,241 9
2022£311,792 £4,972 6
2021£396,556 £3,597 9
2020£332,500 £3,414 6
2019£307,917 £3,702 6
2018£387,583 £3,089 6
2017£307,500 £3,531 4
2016£288,812 £3,313 8
2015£287,500 £3,166 2
2014£235,900 £2,583 5
2013£222,000 £2,975 6
2012£209,167 £2,146 6
2011£135,000 £2,051 2
2010£215,596 £2,315 7
2009£234,125 £2,217 8
2008£250,174 £2,755 25
2007£226,444 £2,476 18
2006£227,000 £2,391 3
2005£175,000 £1,990 4
2004£165,832 £1,890 3
2003£204,857 £1,820 7
2002£123,232 £1,604 9
2001£98,856 £1,291 7
2000£96,178 £795 1
1999£80,071 £814 7
1998£104,750 £554 4
1997£68,165 £630 3
1996£51,800 £584 5
1995£67,372 £817 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£315,000 £4,054 2
2021£395,834 £3,547 2
2019£167,250 £912 2
2018£12,9003
2017£154,250 £3,125 2

House Type in ME7 2WJ area

The most common house types in the ME7 2WJ postcode area are Flat (55), Terraced (42), and Semi-detached (14).

Total116
Flat55
Terraced42
Semi-detached14
Detached3
Shared house1
commercial building1
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (32), and Owned: Owns with a mortgage or loan (30).

Private rented: Private landlord or letting agency32
Owned: Owns with a mortgage or loan30
Shared ownership: Shared ownership20
Owned: Owns outright16
Social rented: Other social rented16
Private rented: Other private rented2
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the ME7 2WJ have 1 person in household (42), and 2 people in household (31).

1 person in household42
2 people in household31
3 people in household20
4 people in household17
5 people in household5
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0