Housing Market Analysis for PEAR TREE LANE, ME7 3PS

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £258,917 median price is £262,500 Standard Deviation is £109,514 with Total Sold: 12
    • The Last 5 Year average price is £406,667 with Total Sold: 3
    • The most recent sale happened at this postcode is 38 PEAR TREE LANE: £360,000 (Sold on 23 Mar 2021)
    • The first recorded sale happened at this postcode is 42 PEAR TREE LANE: £480,000 (Sold on 04 Apr 2024)
  • Semi-Detached
    • The average price is around £112,500 median price is £112,500 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 52 PEAR TREE LANE: £112,500 (Sold on 25 Mar 1998)
    • The first recorded sale happened at this postcode is 52 PEAR TREE LANE: £112,500 (Sold on 25 Mar 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average ME7 3PS 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
2021£360,000 £4,500 1
2019£380,000 £4,750 1
2014£300,000 £2,825 1
2011£232,000 £2,185 1
2010£291,000 £1,956 1
2006£275,0001
2005£190,000 £1,959 1
2003£250,0001
2001£123,000 £1,268 1
2000£130,000 £1,625 1
1997£96,000 £1,200 1
2024£480,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1998£112,500 £756 1

All the Sales in the PEAR TREE LANE, ME7 3PS

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

AddressSold DatePrice% Change
38 PEAR TREE LANEDetached, FreeholdArea: 80 Sq.mtrAge: 1976-198223 Mar 2021£360,000-5.26%
15 Mar 2019£380,000192.31%
21 Dec 2000£130,00035.42%
14 Nov 1997£96,000First Sale
44 PEAR TREE LANEDetached, FreeholdArea: 106.2 Sq.mtrAge: 1976-198225 Sep 2014£300,00029.31%
19 Sep 2011£232,000First Sale
52 PEAR TREE LANEDetached, FreeholdArea: 148.78 Sq.mtrAge: 1976-198219 Jul 2010£291,000158.67%
25 Mar 1998£112,500First Sale
54 PEAR TREE LANEDetached, Freehold21 Dec 2006£275,00010.00%
29 Aug 2003£250,000First Sale
36 PEAR TREE LANEDetached, FreeholdArea: 97 Sq.mtrAge: 1967-197521 Mar 2005£190,00054.47%
06 Apr 2001£123,000First Sale
42 PEAR TREE LANEDetached, Freehold04 Apr 2024£480,000First Sale

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

PEAR TREE LANE, ME7 3PS Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £154,995 median price is £142,750 Standard Deviation is £82,800 with Total Sold: 280
    • The Last 5 Year average price is £276,263 with Total Sold: 38
    • The most recent sale happened at this postcode is , 51 GREENFINCHES: £260,000 (Sold on 31 Jul 2024)
    • The first recorded sale happened at this postcode is , 12 SHEPHERDS GATE: £67,995 (Sold on 08 Mar 1995)
  • Semi-Detached
    • The average price is around £197,436 median price is £185,000 Standard Deviation is £109,919 with Total Sold: 352
    • The Last 5 Year average price is £365,973 with Total Sold: 55
    • The most recent sale happened at this postcode is , 18 PIPPIN CROFT: £360,000 (Sold on 21 Jun 2024)
    • The first recorded sale happened at this postcode is , 68 HINTON CRESCENT: £60,000 (Sold on 20 Jan 1995)
  • Detached
    • The average price is around £303,783 median price is £280,000 Standard Deviation is £157,453 with Total Sold: 351
    • The Last 5 Year average price is £498,000 with Total Sold: 49
    • The most recent sale happened at this postcode is , 42 PEAR TREE LANE: £480,000 (Sold on 04 Apr 2024)
    • The first recorded sale happened at this postcode is , 5A PINE GROVE: £32,000 (Sold on 02 Mar 1995)
  • Other
    • The average price is around £208,367 median price is £275,000 Standard Deviation is £150,416 with Total Sold: 3
    • The Last 5 Year average price is £350,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 148A HEMPSTEAD ROAD: £350,000 (Sold on 10 Apr 2019)
    • The first recorded sale happened at this postcode is , 1 GILBERT CLOSE: £100 (Sold on 25 Oct 2018)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£328,0005
2023£276,875 £5,229 4
2022£341,400 £4,953 5
2021£263,900 £4,465 10
2020£261,000 £4,642 6
2019£229,812 £4,112 8
2018£242,500 £4,023 8
2017£265,444 £4,002 9
2016£224,888 £3,649 9
2015£216,388 £3,241 9
2014£193,958 £2,902 13
2013£153,889 £2,758 9
2012£147,954 £2,489 5
2011£187,500 £3,143 2
2010£170,429 £2,539 7
2009£145,333 £2,525 3
2008£174,500 £2,802 2
2007£162,470 £2,586 17
2006£173,000 £2,577 10
2005£148,022 £2,534 11
2004£156,166 £2,275 12
2003£138,954 £2,125 11
2002£105,074 £1,830 20
2001£85,420 £1,530 22
2000£74,688 £1,316 8
1999£75,399 £1,147 10
1998£69,899 £1,076 15
1997£50,782 £918 6
1996£55,742 £792 16
1995£62,624 £921 8
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£398,3333
2023£390,357 £4,545 14
2022£392,545 £4,856 11
2021£329,583 £4,687 6
2020£345,333 £4,098 9
2019£338,750 £3,697 12
2018£383,612 £3,625 8
2017£317,000 £3,237 6
2016£306,318 £3,516 11
2015£266,375 £3,823 8
2014£232,599 £2,892 5
2013£216,286 £2,457 7
2012£175,273 £2,629 11
2011£200,357 £2,870 7
2010£224,944 £2,590 9
2009£178,136 £2,728 11
2008£216,625 £2,551 8
2007£202,737 £2,492 19
2006£202,875 £2,123 16
2005£191,938 £2,606 8
2004£193,365 £2,207 19
2003£180,750 £2,102 12
2002£129,923 £1,765 12
2001£126,657 £1,594 19
2000£115,600 £1,440 20
1999£96,350 £1,156 15
1998£83,446 £921 14
1997£76,499 £1,025 18
1996£70,281 £805 16
1995£72,444 £827 18
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£462,5002
2023£557,214 £4,595 7
2022£504,333 £4,707 6
2021£521,909 £4,091 11
2020£441,500 £3,705 8
2019£485,167 £3,790 15
2018£470,750 £4,160 4
2017£483,233 £3,479 15
2016£429,571 £3,777 7
2015£384,441 £3,402 17
2014£354,389 £2,765 9
2013£360,462 £2,490 13
2012£333,400 £3,148 13
2011£281,357 £2,898 7
2010£325,450 £2,309 10
2009£269,545 £2,494 11
2008£363,500 £1,932 10
2007£344,176 £2,729 17
2006£324,222 £1,825 9
2005£363,688 £2,170 8
2004£302,545 £2,212 11
2003£297,235 £2,220 17
2002£213,125 £1,696 16
2001£196,555 £1,557 18
2000£188,795 £1,237 24
1999£145,309 £1,085 17
1998£140,555 £973 9
1997£105,393 £907 14
1996£103,325 £875 16
1995£111,550 £903 10
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£350,0001
2018£137,550 £1,859 2

House Type in ME7 3PS area

The most common house types in the ME7 3PS postcode area are Detached (95), Semi-detached (8), and Terraced (2).

Total107
Detached95
Semi-detached8
Terraced2
Flat1
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (52), and Owned: Owns with a mortgage or loan (49).

Owned: Owns outright52
Owned: Owns with a mortgage or loan49
Private rented: Private landlord or letting agency4
Social rented: Rents from council or Local Authority1
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the ME7 3PS have 2 people in household (44), and 4 people in household (20).

2 people in household44
4 people in household20
1 person in household16
3 people in household13
5 people in household9
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0