Housing Market Analysis for HEMPSTEAD ROAD, ME7 3QL

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

Overview of Sold House prices

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

  • Other
    • The average price is around £500,000 median price is £500,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is GREAT KNOX FARM HEMPSTEAD ROAD: £500,000 (Sold on 07 Jun 2017)
    • The first recorded sale happened at this postcode is GREAT KNOX FARM HEMPSTEAD ROAD: £500,000 (Sold on 07 Jun 2017)
  • Detached
    • The average price is around £264,500 median price is £264,500 Standard Deviation is £15,500 with Total Sold: 2
    • The most recent sale happened at this postcode is THE WOODLANDS HEMPSTEAD ROAD: £280,000 (Sold on 04 Feb 2005)
    • The first recorded sale happened at this postcode is THE WOODLANDS HEMPSTEAD ROAD: £249,000 (Sold on 07 Aug 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average ME7 3QL 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
2017£500,000 £3,676 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2005£280,0001
2003£249,0001

All the Sales in the HEMPSTEAD ROAD, ME7 3QL

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

AddressSold DatePrice% Change
GREAT KNOX FARM HEMPSTEAD ROADOther, FreeholdArea: 136 Sq.mtrAge: 1983-199007 Jun 2017£500,000First Sale
THE WOODLANDS HEMPSTEAD ROADDetached, Freehold04 Feb 2005£280,00012.45%
07 Aug 2003£249,000First Sale

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

HEMPSTEAD ROAD, ME7 3QL Near By properties

Interactive Map

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

  • Detached
    • The average price is around £351,476 median price is £322,950 Standard Deviation is £174,832 with Total Sold: 167
    • The Last 5 Year average price is £596,321 with Total Sold: 28
    • The most recent sale happened at this postcode is , 44 BARNCROFT DRIVE: £427,000 (Sold on 24 Jul 2023)
    • The first recorded sale happened at this postcode is , 2 MAGDALEN CLOSE: £101,000 (Sold on 20 Jan 1995)
  • Semi-Detached
    • The average price is around £218,405 median price is £201,500 Standard Deviation is £98,040 with Total Sold: 22
    • The Last 5 Year average price is £427,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 291 HEMPSTEAD ROAD: £404,000 (Sold on 09 Aug 2021)
    • The first recorded sale happened at this postcode is , 3 CLARIDGE COURT: £82,900 (Sold on 28 Jul 1995)
  • Other
    • The average price is around £9,190,000 median price is £340,000 Standard Deviation is £15,479,538 with Total Sold: 4
    • The Last 5 Year average price is £36,000,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 27 HEMPSTEAD VALLEY: £36,000,000 (Sold on 25 Apr 2019)
    • The first recorded sale happened at this postcode is , 9 HEMPSTEAD VALLEY SHOPPING CENTRE: £180,000 (Sold on 07 Sep 2015)
  • Terraced
    • The average price is around £166,286 median price is £182,000 Standard Deviation is £53,899 with Total Sold: 7
    • The most recent sale happened at this postcode is , 54 BARNCROFT DRIVE: £237,000 (Sold on 21 Oct 2010)
    • The first recorded sale happened at this postcode is , 40 BARNCROFT DRIVE: £83,000 (Sold on 25 Jan 1996)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£651,900 £3,860 5
2022£653,571 £4,104 7
2021£572,083 £3,783 6
2020£610,000 £3,034 5
2019£476,000 £3,494 5
2018£561,000 £3,197 5
2017£593,124 £3,532 4
2016£413,083 £3,118 6
2015£443,800 £2,828 5
2014£360,000 £2,647 4
2013£406,250 £2,579 2
2012£355,214 £1,991 7
2011£420,000 £2,784 3
2010£450,000 £2,139 4
2009£315,000 £1,804 2
2008£431,000 £2,477 6
2007£374,500 £2,274 5
2006£339,119 £1,940 8
2005£319,500 £2,482 4
2004£340,999 £1,889 5
2003£284,6004
2002£278,933 £1,618 12
2001£210,556 £1,442 9
2000£222,375 £1,126 8
1999£174,400 £1,003 5
1998£183,833 £809 3
1997£137,777 £893 9
1996£160,091 £899 11
1995£119,625 £757 8
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£404,000 £4,927 1
2020£450,000 £4,054 1
2017£370,000 £3,895 1
2013£250,000 £2,632 1
2012£240,000 £2,087 1
2009£330,000 £2,357 1
2008£225,0001
2007£247,000 £3,012 1
2006£226,750 £2,331 2
2004£211,500 £2,017 2
2003£193,2502
2002£189,000 £1,577 2
2000£123,000 £1,311 2
1998£148,000 £1,203 1
1996£85,500 £774 2
1995£82,9001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£36,000,0001
2018£80,0001
2017£500,000 £3,676 1
2015£180,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2010£237,000 £2,551 1
2005£220,000 £2,368 1
2004£198,0001
2002£182,0001
2001£135,0001
2000£109,0001
1996£83,0001

House Type in ME7 3QL area

The most common house types in the ME7 3QL postcode area are Detached (109), Semi-detached (11), and temporary structure (1).

Total121
Detached109
Semi-detached11
temporary structure1
Terraced0
Flat0
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (63), and Owned: Owns with a mortgage or loan (47).

Owned: Owns outright63
Owned: Owns with a mortgage or loan47
Private rented: Private landlord or letting agency6
Shared ownership: Shared ownership2
Private rented: Other private rented2
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 3QL have 2 people in household (50), and 4 people in household (23).

2 people in household50
4 people in household23
1 person in household21
3 people in household21
5 people in household3
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0