Housing Market Analysis for BANKSVIEW DRIVE, ME7 3AZ

Are you looking to understand ME7 3AZ 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 3AZ area, explore the ME7 3AZ Area information page.
For comprehensive crime statistics in the ME7 3AZ area, explore the ME7 3AZ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME7 3AZ postcode area, The average prices are as follows,

  • Detached
    • The average price is around £714,375 median price is £732,500 Standard Deviation is £85,733 with Total Sold: 12
    • The Last 5 Year average price is £714,375 with Total Sold: 12
    • The most recent sale happened at this postcode is 4 BANKSVIEW DRIVE: £875,000 (Sold on 24 Apr 2023)
    • The first recorded sale happened at this postcode is 10 BANKSVIEW DRIVE: £750,000 (Sold on 15 Dec 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average ME7 3AZ 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£812,500 £4,314 2
2022£770,000 £4,583 1
2021£727,500 £3,846 4
2020£666,875 £3,542 4
2019£600,000 £3,571 1

All the Sales in the BANKSVIEW DRIVE, ME7 3AZ

See the table below for more details on the sold house prices in the ME7 3AZ, Medway postcode.

AddressSold DatePrice% Change
4 BANKSVIEW DRIVEDetached, FreeholdArea: 205 Sq.mtr24 Apr 2023£875,00020.69%
28 May 2020£725,000First Sale
3 BANKSVIEW DRIVEDetached, FreeholdArea: 168 Sq.mtr04 Aug 2022£770,00028.33%
20 Dec 2019£600,000First Sale
8 BANKSVIEW DRIVEDetached, FreeholdArea: 209 Sq.mtrAge: 201806 Aug 2021£740,000First Sale
6 BANKSVIEW DRIVEDetached, FreeholdArea: 143 Sq.mtrAge: 201830 Jun 2021£595,000First Sale
7 BANKSVIEW DRIVEDetached, FreeholdArea: 205 Sq.mtrAge: 201830 Jun 2021£775,000First Sale
1 BANKSVIEW DRIVEDetached, FreeholdArea: 205 Sq.mtr10 May 2021£800,000First Sale
10 BANKSVIEW DRIVEDetached, FreeholdArea: 172 Sq.mtr21 Aug 2020£610,000-18.67%
15 Dec 2023£750,000First Sale
5 BANKSVIEW DRIVEDetached, FreeholdArea: 172 Sq.mtr14 Aug 2020£625,000First Sale
2 BANKSVIEW DRIVEDetached, FreeholdArea: 205 Sq.mtr17 Jan 2020£707,500First Sale

Check out the sold house prices near the ME7 3AZ postcode. Properties currently for saleProperties currently for rent

BANKSVIEW DRIVE, ME7 3AZ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME7 3AZ 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 3AZ postcode.

  • Semi-Detached
    • The average price is around £221,084 median price is £201,250 Standard Deviation is £128,822 with Total Sold: 248
    • The Last 5 Year average price is £403,121 with Total Sold: 39
    • The most recent sale happened at this postcode is , 16 WINDYRIDGE: £372,500 (Sold on 16 Jul 2024)
    • The first recorded sale happened at this postcode is , 8 AUDLEY AVENUE: £70,000 (Sold on 24 Jan 1995)
  • Detached
    • The average price is around £361,023 median price is £307,500 Standard Deviation is £220,745 with Total Sold: 207
    • The Last 5 Year average price is £618,560 with Total Sold: 66
    • The most recent sale happened at this postcode is , 24 HAMELIN ROAD: £615,000 (Sold on 19 Dec 2023)
    • The first recorded sale happened at this postcode is , 25 HERITAGE DRIVE: £44,995 (Sold on 27 Jan 1995)
  • Terraced
    • The average price is around £169,529 median price is £155,075 Standard Deviation is £95,660 with Total Sold: 131
    • The Last 5 Year average price is £301,000 with Total Sold: 18
    • The most recent sale happened at this postcode is , 1 HERITAGE DRIVE: £133,000 (Sold on 05 Dec 2023)
    • The first recorded sale happened at this postcode is , 60 KINGSWAY: £35,000 (Sold on 27 Feb 1995)
  • Flat
    • The average price is around £91,547 median price is £102,000 Standard Deviation is £51,676 with Total Sold: 16
    • The Last 5 Year average price is £187,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , 37 HAMELIN ROAD: £205,000 (Sold on 20 Dec 2022)
    • The first recorded sale happened at this postcode is , 39 HAMELIN ROAD: £33,000 (Sold on 30 Apr 1998)
  • Other
    • The average price is around £149,500 median price is £149,500 Standard Deviation is £145,500 with Total Sold: 2
    • The Last 5 Year average price is £295,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 10 WINDYRIDGE: £295,000 (Sold on 27 Jun 2019)
    • The first recorded sale happened at this postcode is , 90 KINGSWAY: £4,000 (Sold on 25 May 2018)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£494,1673
2023£453,333 £4,659 3
2022£436,422 £4,472 10
2021£373,800 £3,625 10
2020£378,750 £3,431 4
2019£362,444 £3,152 9
2018£336,111 £3,834 9
2017£345,857 £3,434 7
2016£281,389 £3,245 9
2015£260,400 £2,922 15
2014£263,083 £2,727 3
2013£212,875 £2,088 8
2012£198,200 £2,144 5
2011£221,150 £2,231 8
2010£233,450 £2,303 10
2009£281,800 £1,521 5
2008£189,000 £2,457 2
2007£239,136 £2,600 11
2006£199,156 £2,160 16
2005£200,125 £2,017 8
2004£189,584 £2,186 8
2003£185,166 £2,253 6
2002£163,999 £1,643 11
2001£112,806 £1,625 8
2000£109,278 £1,308 9
1999£96,888 £1,081 9
1998£80,733 £935 15
1997£80,790 £755 10
1996£78,222 £679 9
1995£64,781 £747 8
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£588,071 £4,393 7
2022£584,800 £4,184 5
2021£643,210 £3,786 20
2020£623,157 £3,794 27
2019£585,000 £3,618 7
2018£515,000 £3,447 7
2017£470,000 £2,905 2
2016£374,250 £3,437 4
2015£432,249 £3,276 8
2014£240,000 £2,248 3
2013£335,000 £2,109 2
2012£288,450 £2,295 4
2011£333,000 £2,149 5
2010£330,833 £2,545 3
2009£250,000 £2,328 2
2008£350,999 £2,314 6
2007£291,167 £1,973 9
2006£254,990 £2,064 5
2005£269,375 £1,895 4
2004£266,499 £1,909 4
2003£208,000 £2,172 4
2002£192,500 £1,502 5
2001£198,889 £1,482 9
2000£208,7995
1999£160,714 £1,169 7
1998£124,500 £777 5
1997£125,849 £833 7
1996£111,033 £833 15
1995£102,390 £890 16
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£282,500 £3,730 4
2022£231,500 £5,054 2
2021£298,429 £3,813 7
2020£346,000 £3,533 3
2019£349,000 £3,451 2
2018£277,000 £3,950 6
2017£200,000 £4,167 1
2016£209,808 £3,593 10
2015£260,500 £2,651 5
2013£223,000 £2,186 4
2012£220,000 £2,184 1
2011£188,785 £2,369 7
2010£203,875 £2,767 4
2009£153,500 £2,210 2
2008£155,833 £2,689 3
2007£202,332 £2,628 3
2006£162,427 £2,775 7
2005£148,750 £2,390 4
2004£189,375 £2,008 4
2003£152,249 £2,004 8
2002£117,000 £1,920 2
2001£91,399 £1,614 5
2000£75,699 £1,453 9
1999£84,428 £959 7
1998£55,000 £709 2
1997£55,350 £776 7
1996£67,938 £790 8
1995£46,375 £909 4
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£187,500 £4,652 2
2016£152,500 £3,910 1
2015£110,000 £2,821 1
2014£110,000 £2,600 2
2006£112,000 £2,951 2
2005£95,000 £2,262 1
2000£46,562 £1,225 4
1999£37,000 £865 1
1998£32,500 £784 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£295,000 £3,391 1
2018£4,000 £36 1

House Type in ME7 3AZ area

The most common house types in the ME7 3AZ postcode area are Detached (122), Semi-detached (28), and Terraced (21).

Total173
Detached122
Semi-detached28
Terraced21
Shared house1
commercial building1
Flat0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (93), and Owned: Owns with a mortgage or loan (65).

Owned: Owns outright93
Owned: Owns with a mortgage or loan65
Private rented: Private landlord or letting agency11
Social rented: Rents from council or Local Authority2
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the ME7 3AZ have 2 people in household (76), and 4 people in household (31).

2 people in household76
4 people in household31
1 person in household25
3 people in household24
5 people in household9
6 people in household5
8 or more people in household3
0 people in household0
7 people in household0