Housing Market Analysis for PEAR TREE LANE, ME7 3PU

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £484,250 median price is £432,500 Standard Deviation is £121,199 with Total Sold: 4
    • The most recent sale happened at this postcode is WITSEND PEAR TREE LANE: £415,000 (Sold on 14 Sep 2012)
    • The first recorded sale happened at this postcode is FENIT LODGE PEAR TREE LANE: £450,000 (Sold on 05 Mar 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average ME7 3PU 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
2012£415,000 £2,862 1
2007£690,0001
2005£382,0001
2004£450,0001

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

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

AddressSold DatePrice% Change
WITSEND PEAR TREE LANEDetached, FreeholdArea: 145 Sq.mtrAge: 1983-199014 Sep 2012£415,000First Sale
FENIT LODGE PEAR TREE LANEDetached, Freehold29 Jan 2007£690,00053.33%
05 Mar 2004£450,000First Sale
RIVENDELL PEAR TREE LANEDetached, Freehold30 Aug 2005£382,000First Sale

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

PEAR TREE LANE, ME7 3PU Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £149,037 median price is £140,000 Standard Deviation is £79,870 with Total Sold: 197
    • The Last 5 Year average price is £275,978 with Total Sold: 23
    • 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 , 31 THE EVERGLADES: £66,000 (Sold on 04 Aug 1995)
  • Semi-Detached
    • The average price is around £201,937 median price is £180,000 Standard Deviation is £136,898 with Total Sold: 167
    • The Last 5 Year average price is £402,043 with Total Sold: 23
    • The most recent sale happened at this postcode is , 389 CAPSTONE ROAD: £620,000 (Sold on 29 May 2024)
    • The first recorded sale happened at this postcode is , 5 THE EVERGLADES: £63,000 (Sold on 22 Feb 1995)
  • Detached
    • The average price is around £315,963 median price is £290,000 Standard Deviation is £165,551 with Total Sold: 209
    • The Last 5 Year average price is £506,656 with Total Sold: 16
    • 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 , 119 HARROW ROAD: £134,000 (Sold on 05 May 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£303,7504
2023£259,167 £5,524 3
2022£332,333 £5,194 3
2021£256,000 £4,273 7
2020£261,000 £4,642 6
2019£226,071 £4,191 7
2018£222,500 £3,985 6
2017£235,500 £4,198 3
2016£210,285 £3,811 7
2015£214,583 £3,178 6
2014£191,041 £2,933 11
2013£148,500 £2,751 8
2012£128,692 £2,569 4
2011£145,000 £3,143 1
2010£164,800 £2,704 5
2009£149,000 £2,350 2
2008£174,500 £2,802 2
2007£157,345 £2,410 13
2006£173,400 £2,766 5
2005£145,638 £2,588 9
2004£176,999 £2,872 5
2003£122,417 £2,087 6
2002£102,342 £1,811 16
2001£76,308 £1,547 17
2000£69,929 £1,275 7
1999£71,142 £1,147 7
1998£58,937 £1,090 8
1997£48,538 £938 5
1996£50,716 £784 11
1995£57,332 £997 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£485,0003
2023£362,286 £4,659 7
2022£453,143 £5,041 7
2021£366,800 £3,857 5
2020£250,000 £5,435 1
2019£334,667 £3,551 3
2018£486,667 £3,153 3
2017£452,500 £3,641 4
2016£309,167 £4,154 3
2015£246,500 £4,035 4
2014£212,498 £3,289 2
2013£260,000 £2,341 3
2012£168,700 £3,131 5
2011£166,500 £2,766 3
2010£205,700 £2,307 5
2009£208,571 £3,015 7
2008£219,000 £2,434 7
2007£176,417 £2,334 6
2006£192,055 £2,264 9
2005£199,875 £1,435 4
2004£198,244 £2,154 10
2003£142,1673
2002£120,099 £2,691 6
2001£118,356 £1,539 7
2000£113,938 £1,487 8
1999£88,750 £1,174 7
1998£87,525 £881 10
1997£67,071 £1,129 7
1996£70,166 £907 9
1995£74,000 £827 9
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£480,0001
2023£533,667 £4,377 3
2022£505,500 £4,597 4
2021£473,917 £4,762 6
2020£580,000 £4,621 2
2019£494,688 £3,826 8
2018£593,333 £4,363 3
2017£494,409 £3,626 11
2016£439,286 £3,807 7
2015£411,000 £3,692 10
2014£360,333 £2,740 6
2013£375,056 £2,552 9
2012£360,600 £3,649 7
2011£293,400 £2,941 5
2010£379,333 £2,538 3
2009£278,125 £2,428 8
2008£435,399 £2,156 5
2007£343,642 £2,608 14
2006£341,750 £2,000 4
2005£347,500 £2,159 7
2004£319,999 £2,580 5
2003£311,750 £2,401 10
2002£196,666 £1,690 9
2001£214,615 £1,612 13
2000£190,249 £1,364 8
1999£148,582 £1,296 6
1998£146,312 £902 8
1997£115,354 £903 12
1996£102,395 £915 10
1995£124,000 £881 5

House Type in ME7 3PU area

The most common house types in the ME7 3PU 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 3PU 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