Housing Market Analysis for PEAR TREE LANE, ME7 3RJ

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £230,667 median price is £292,000 Standard Deviation is £122,260 with Total Sold: 3
    • The Last 5 Year average price is £340,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 4 PEAR TREE LANE: £340,000 (Sold on 16 Feb 2023)
    • The first recorded sale happened at this postcode is 6 PEAR TREE LANE: £60,000 (Sold on 20 Oct 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average ME7 3RJ 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£340,000 £4,474 1
2016£292,000 £3,842 1
1995£60,000 £789 1

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

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

AddressSold DatePrice% Change
4 PEAR TREE LANESemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1976-198216 Feb 2023£340,00016.44%
28 Jul 2016£292,000First Sale
6 PEAR TREE LANESemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1967-197520 Oct 1995£60,000First Sale

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

PEAR TREE LANE, ME7 3RJ Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £152,951 median price is £142,000 Standard Deviation is £83,384 with Total Sold: 395
    • The Last 5 Year average price is £274,417 with Total Sold: 54
    • 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 £196,276 median price is £188,000 Standard Deviation is £105,146 with Total Sold: 545
    • The Last 5 Year average price is £357,690 with Total Sold: 79
    • 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 £300,187 median price is £275,000 Standard Deviation is £167,652 with Total Sold: 528
    • The Last 5 Year average price is £524,193 with Total Sold: 70
    • 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)
  • 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 £742,450 median price is £312,500 Standard Deviation is £1,187,645 with Total Sold: 8
    • The Last 5 Year average price is £942,900 with Total Sold: 5
    • The most recent sale happened at this postcode is , SHERWOOD LODGE HOATH LANE: £3,780,000 (Sold on 29 Mar 2022)
    • The first recorded sale happened at this postcode is , 28 HOATH LANE: £950,000 (Sold on 29 Jan 2014)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£313,8577
2023£298,750 £5,018 6
2022£311,111 £4,622 9
2021£259,133 £4,319 15
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£198,812 £3,100 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£139,350 £2,487 5
2008£163,850 £2,912 5
2007£163,269 £2,634 26
2006£166,357 £2,551 14
2005£144,553 £2,499 14
2004£156,911 £2,369 17
2003£140,071 £2,092 14
2002£99,998 £1,772 26
2001£99,194 £1,525 27
2000£74,077 £1,226 13
1999£70,035 £1,127 14
1998£64,738 £1,027 23
1997£48,769 £901 10
1996£58,184 £825 21
1995£60,576 £895 13
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£381,4005
2023£376,579 £4,496 19
2022£372,350 £4,552 20
2021£336,250 £4,463 10
2020£335,091 £4,084 11
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£227,607 £2,969 14
2013£219,399 £2,461 10
2012£184,305 £2,487 19
2011£186,750 £2,660 10
2010£208,250 £2,604 12
2009£183,806 £2,584 18
2008£211,333 £2,586 12
2007£202,433 £2,608 30
2006£201,272 £2,127 22
2005£193,549 £2,429 10
2004£191,741 £2,273 26
2003£172,018 £1,953 16
2002£136,317 £1,710 27
2001£123,937 £1,534 28
2000£112,749 £1,426 28
1999£95,842 £1,090 27
1998£84,869 £929 21
1997£77,458 £1,036 24
1996£70,380 £815 25
1995£71,150 £833 24
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£583,333 £3,287 3
2023£557,214 £4,595 7
2022£528,941 £4,439 8
2021£536,263 £3,907 19
2020£520,154 £3,833 13
2019£493,025 £3,848 20
2018£424,714 £4,113 7
2017£477,848 £3,451 23
2016£472,312 £3,296 16
2015£393,119 £3,241 21
2014£338,846 £2,727 13
2013£347,143 £2,485 21
2012£309,706 £2,954 18
2011£302,654 £2,559 13
2010£326,885 £2,498 13
2009£290,000 £2,393 15
2008£321,411 £2,156 17
2007£321,604 £2,443 24
2006£315,423 £1,978 13
2005£357,250 £2,139 10
2004£299,200 £2,311 15
2003£296,154 £2,137 26
2002£212,285 £1,911 21
2001£205,907 £1,504 27
2000£182,628 £1,297 32
1999£134,419 £1,127 28
1998£139,843 £902 16
1997£108,660 £994 25
1996£105,632 £881 30
1995£102,429 £871 14
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
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
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£3,780,0001
2021£551,5001
2020£16,5002
2019£350,0001
2018£137,550 £1,859 2
2014£950,0001

House Type in ME7 3RJ area

The most common house types in the ME7 3RJ postcode area are Semi-detached (61), Detached (39), and Terraced (9).

Total110
Semi-detached61
Detached39
Terraced9
temporary structure1
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 (54), and Owned: Owns with a mortgage or loan (48).

Owned: Owns outright54
Owned: Owns with a mortgage or loan48
Private rented: Private landlord or letting agency6
Shared ownership: Shared ownership1
Private rented: Other private rented1
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 3RJ have 2 people in household (44), and 4 people in household (23).

2 people in household44
4 people in household23
3 people in household22
1 person in household14
5 people in household5
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0