Housing Market Analysis for ELM TREE COTTAGES, ME7 3NL

Are you looking to understand ME7 3NL 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 Maidstone postcode.

For the location information and nearby amenities in the ME7 3NL area, explore the ME7 3NL Area information page.
For comprehensive crime statistics in the ME7 3NL area, explore the ME7 3NL Crime Rates page.

Overview of Sold House prices

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

  • Other
    • The average price is around £100,000 median price is £100,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £100,000 with Total Sold: 1
    • The most recent sale happened at this postcode is THE WORKSHOP, WESTFIELD HOUSE: £100,000 (Sold on 25 Sep 2020)
    • The first recorded sale happened at this postcode is THE WORKSHOP, WESTFIELD HOUSE: £100,000 (Sold on 25 Sep 2020)
  • Semi-Detached
    • The average price is around £197,000 median price is £197,000 Standard Deviation is £103,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 2 ELM TREE COTTAGES: £300,000 (Sold on 25 Jan 2007)
    • The first recorded sale happened at this postcode is 2 ELM TREE COTTAGES: £94,000 (Sold on 26 Mar 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average ME7 3NL 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£100,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£300,000 £2,222 1
1999£94,000 £696 1

All the Sales in the ELM TREE COTTAGES, ME7 3NL

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

AddressSold DatePrice% Change
THE WORKSHOP, WESTFIELD HOUSEOther, Freehold25 Sep 2020£100,000First Sale
2 ELM TREE COTTAGESSemi-Detached, FreeholdArea: 135 Sq.mtrAge: before 190025 Jan 2007£300,000219.15%
26 Mar 1999£94,000First Sale

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

ELM TREE COTTAGES, ME7 3NL Near By properties

Interactive Map

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

  • Detached
    • The average price is around £402,375 median price is £378,750 Standard Deviation is £173,406 with Total Sold: 8
    • The Last 5 Year average price is £400,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , WOODSIDE COTTAGE : £400,000 (Sold on 13 Sep 2023)
    • The first recorded sale happened at this postcode is , WINDWARD : £179,000 (Sold on 04 May 2005)
  • Other
    • The average price is around £318,750 median price is £277,500 Standard Deviation is £224,454 with Total Sold: 4
    • The Last 5 Year average price is £102,500 with Total Sold: 2
    • The most recent sale happened at this postcode is THE WORKSHOP, WESTFIELD HOUSE : £105,000 (Sold on 11 Dec 2020)
    • The first recorded sale happened at this postcode is , WOODSIDE COTTAGE : £450,000 (Sold on 22 Dec 2016)
  • Semi-Detached
    • The average price is around £389,375 median price is £490,000 Standard Deviation is £147,950 with Total Sold: 8
    • The Last 5 Year average price is £495,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , FLEDGEBY BLIND LANE: £495,000 (Sold on 30 Nov 2020)
    • The first recorded sale happened at this postcode is , 2 ELM TREE COTTAGES: £94,000 (Sold on 26 Mar 1999)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£400,000 £3,846 1
2019£451,250 £3,542 2
2017£795,000 £4,676 1
2014£305,000 £3,797 1
2007£318,750 £3,486 2
2005£179,000 £2,229 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£102,500 £820 2
2017£620,000 £4,460 1
2016£450,000 £4,327 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£495,000 £3,561 1
2019£496,500 £3,650 4
2007£300,000 £2,222 1
2005£240,0001
1999£94,000 £696 1

House Type in ME7 3NL area

The most common house types in the ME7 3NL postcode area are Detached (79), Terraced (35), and Semi-detached (33).

Total153
Detached79
Terraced35
Semi-detached33
commercial building4
Shared house1
converted building1
Flat0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (70), and Owned: Owns with a mortgage or loan (52).

Owned: Owns outright70
Owned: Owns with a mortgage or loan52
Private rented: Private landlord or letting agency20
Private rented: Other private rented9
Shared ownership: Shared ownership1
Does not apply0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the ME7 3NL have 2 people in household (57), and 1 person in household (34).

2 people in household57
1 person in household34
4 people in household30
3 people in household21
5 people in household7
8 or more people in household2
6 people in household1
7 people in household1
0 people in household0