Housing Market Analysis for HEMPSTEAD ROAD, ME7 3RH

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

Overview of Sold House prices

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

Detached
- The average price is around £281,292 median price is £215,000 Standard Deviation is £154,908 with Total Sold: 12
- The Last 5 Year average price is £675,000 with Total Sold: 1
- The most recent sale happened at this postcode is 89 HEMPSTEAD ROAD: £675,000 (Sold on 18 Sep 2023)
- The first recorded sale happened at this postcode is 77 HEMPSTEAD ROAD: £179,500 (Sold on 11 Dec 1996)
Semi-Detached
- The average price is around £225,722 median price is £215,000 Standard Deviation is £91,613 with Total Sold: 9
- The Last 5 Year average price is £420,000 with Total Sold: 1
- The most recent sale happened at this postcode is 107 HEMPSTEAD ROAD: £420,000 (Sold on 26 Aug 2022)
- The first recorded sale happened at this postcode is 115 HEMPSTEAD ROAD: £100,500 (Sold on 10 Feb 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average ME7 3RH 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£675,000	£4,299	1
2015	£307,000	£3,070	1
2010	£282,000	£2,164	2
2006	£280,000	£1,783	1
2004	£347,500	£2,028	2
2003	£213,500	£2,074	2
2001	£166,000		1
1997	£82,000		1
1996	£179,500		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£420,000	£3,333	1
2016	£320,000	£3,765	1
2007	£223,333	£2,780	3
2005	£150,000		1
2004	£225,000	£2,647	1
2001	£146,000	£1,718	1
2000	£100,500		1

All the Sales in the HEMPSTEAD ROAD, ME7 3RH

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

Address	Sold Date	Price	% Change
89 HEMPSTEAD ROADDetached, FreeholdArea: 157 Sq.mtrAge: 1950-1966	18 Sep 2023	£675,000	141.07%
	06 Oct 2006	£280,000	First Sale
107 HEMPSTEAD ROADSemi-Detached, FreeholdArea: 126 Sq.mtrAge: 1930-1949	26 Aug 2022	£420,000	First Sale
109 HEMPSTEAD ROADSemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1930-1949	23 Aug 2016	£320,000	28.00%
	14 Jun 2007	£250,000	11.11%
	08 Apr 2004	£225,000	54.11%
	28 Sep 2001	£146,000	First Sale
91 HEMPSTEAD ROADDetached, FreeholdArea: 100 Sq.mtrAge: 1967-1975	25 Aug 2015	£307,000	44.81%
	19 Nov 2003	£212,000	First Sale
81 HEMPSTEAD ROADDetached, FreeholdArea: 118.84 Sq.mtrAge: 1900-1929	23 Jul 2010	£371,000	First Sale
126 HEMPSTEAD ROADDetached, FreeholdArea: 160 Sq.mtr	14 Jul 2010	£193,000	First Sale
105 HEMPSTEAD ROADSemi-Detached, FreeholdArea: 78.27 Sq.mtrAge: 1930-1949	30 Jul 2007	£205,000	First Sale
75 HEMPSTEAD ROADSemi-Detached, Freehold	18 Jul 2007	£215,000	162.20%
75 HEMPSTEAD ROADSemi-Detached, Freehold	15 Aug 1997	£82,000	First Sale
130 HEMPSTEAD ROADSemi-Detached, Freehold	13 Jun 2005	£150,000	First Sale
73 HEMPSTEAD ROADDetached, FreeholdArea: 106 Sq.mtrAge: 1930-1949	23 Jun 2004	£215,000	0.0
	11 Apr 2003	£215,000	First Sale
77 HEMPSTEAD ROADDetached, Freehold	30 Apr 2004	£480,000	167.41%
77 HEMPSTEAD ROADDetached, Freehold	11 Dec 1996	£179,500	First Sale
116 HEMPSTEAD ROADDetached, Freehold	05 Jun 2001	£166,000	First Sale
115 HEMPSTEAD ROADSemi-Detached, Freehold	10 Feb 2000	£100,500	First Sale

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

HEMPSTEAD ROAD, ME7 3RH Near By properties

Interactive Map

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

Terraced
- The average price is around £155,844 median price is £145,000 Standard Deviation is £84,800 with Total Sold: 391
- The Last 5 Year average price is £277,607 with Total Sold: 56
- The most recent sale happened at this postcode is , 10 HONEY CLOSE: £290,000 (Sold on 06 Sep 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 £196,714 median price is £188,000 Standard Deviation is £105,381 with Total Sold: 560
- The Last 5 Year average price is £359,877 with Total Sold: 81
- The most recent sale happened at this postcode is , 34 PINE GROVE: £295,000 (Sold on 28 Aug 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 £303,874 median price is £277,000 Standard Deviation is £169,978 with Total Sold: 569
- The Last 5 Year average price is £533,874 with Total Sold: 75
- The most recent sale happened at this postcode is , 4 COBBLESTONES: £712,000 (Sold on 31 Jul 2024)
- The first recorded sale happened at this postcode is , 22 COBBLESTONES: £118,000 (Sold on 12 Jan 1995)
Flat
- The average price is around £100,130 median price is £105,000 Standard Deviation is £73,916 with Total Sold: 27
- The Last 5 Year average price is £154,250 with Total Sold: 2
- The most recent sale happened at this postcode is , 61 PINE GROVE: £161,000 (Sold on 30 Oct 2023)
- The first recorded sale happened at this postcode is , 53 PINE GROVE: £28,000 (Sold on 30 Jun 1995)
Other
- The average price is around £240,320 median price is £275,000 Standard Deviation is £206,946 with Total Sold: 5
- The Last 5 Year average price is £308,833 with Total Sold: 3
- The most recent sale happened at this postcode is , 226 HEMPSTEAD ROAD: £551,500 (Sold on 22 Feb 2021)
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£327,438		8
2023	£298,750	£5,018	6
2022	£311,111	£4,622	9
2021	£262,000	£4,317	16
2020	£258,714	£4,526	7
2019	£233,100	£3,972	10
2018	£238,800	£4,061	10
2017	£256,846	£4,009	13
2016	£224,888	£3,649	9
2015	£208,656	£3,159	16
2014	£182,947	£2,897	20
2013	£154,818	£2,667	11
2012	£156,253	£2,502	7
2011	£162,250	£2,753	4
2010	£178,944	£2,574	9
2009	£143,938	£2,525	4
2008	£163,850	£2,912	5
2007	£163,269	£2,634	26
2006	£172,885	£2,568	13
2005	£144,553	£2,499	14
2004	£159,323	£2,352	17
2003	£140,071	£2,092	14
2002	£99,998	£1,772	26
2001	£100,509	£1,535	26
2000	£75,250	£1,226	12
1999	£71,961	£1,160	13
1998	£64,738	£1,027	23
1997	£50,410	£959	9
1996	£58,184	£825	21
1995	£60,576	£895	13

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£381,400		5
2023	£379,079	£4,533	19
2022	£373,600	£4,607	20
2021	£345,682	£4,383	11
2020	£338,833	£4,053	12
2019	£335,714	£3,827	14
2018	£369,700	£3,633	12
2017	£326,088	£3,632	17
2016	£296,756	£3,526	18
2015	£257,531	£3,574	16
2014	£235,382	£2,916	17
2013	£219,399	£2,461	10
2012	£184,305	£2,487	19
2011	£186,750	£2,660	10
2010	£210,464	£2,575	14
2009	£183,806	£2,584	18
2008	£211,333	£2,586	12
2007	£202,517	£2,608	29
2006	£202,174	£2,123	23
2005	£193,549	£2,429	10
2004	£192,188	£2,273	28
2003	£172,018	£1,953	16
2002	£137,463	£1,710	25
2001	£123,973	£1,532	29
2000	£114,709	£1,400	31
1999	£95,348	£1,083	28
1998	£85,678	£929	21
1997	£77,799	£1,035	25
1996	£70,288	£815	26
1995	£71,624	£833	25

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£615,500	£3,287	4
2023	£596,722	£4,316	9
2022	£519,614	£4,383	9
2021	£544,000	£3,858	19
2020	£511,214	£3,786	14
2019	£501,925	£3,746	20
2018	£496,143	£3,864	7
2017	£481,022	£3,465	23
2016	£472,333	£3,320	18
2015	£388,935	£3,142	23
2014	£338,846	£2,727	13
2013	£361,771	£2,472	24
2012	£316,372	£2,929	18
2011	£323,633	£2,504	15
2010	£326,633	£2,371	15
2009	£288,250	£2,372	16
2008	£325,250	£1,933	16
2007	£341,826	£2,593	23
2006	£328,321	£2,002	14
2005	£357,091	£2,154	11
2004	£303,816	£2,250	19
2003	£298,148	£2,129	27
2002	£216,434	£1,944	23
2001	£206,306	£1,502	31
2000	£183,903	£1,261	30
1999	£136,577	£1,127	29
1998	£142,389	£959	18
1997	£115,388	£989	29
1996	£108,256	£884	33
1995	£104,500	£871	19

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£161,000	£3,927	1
2020	£147,500	£3,430	1
2018	£140,000	£3,043	1
2017	£140,000	£3,256	1
2016	£263,750	£3,742	2
2014	£127,000	£2,953	1
2011	£210,000	£2,258	1
2007	£116,000	£2,649	3
2006	£107,500	£2,446	2
2004	£105,000	£2,442	1
2002	£76,250	£1,674	2
2001	£55,000	£1,341	1
2000	£46,750	£1,128	2
1999	£42,000	£919	1
1998	£39,500	£941	2
1997	£36,000	£837	2
1996	£30,500	£667	1
1995	£29,000	£682	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£551,500		1
2020	£25,000		1
2019	£350,000		1
2018	£137,550	£1,859	2

House Type in ME7 3RH area

The most common house types in the ME7 3RH postcode area are Semi-detached (64), Detached (41), and Terraced (11).

Total	117
Semi-detached	64
Detached	41
Terraced	11
commercial building	1
Flat	0
Shared house	0
converted building	0
temporary structure	0

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 (42).

Owned: Owns outright	63
Owned: Owns with a mortgage or loan	42
Private rented: Private landlord or letting agency	5
Private rented: Other private rented	5
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the ME7 3RH have 2 people in household (47), and 1 person in household (30).

2 people in household	47
1 person in household	30
4 people in household	18
3 people in household	16
5 people in household	4
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0