Housing Market Analysis for SPEKES ROAD, ME7 3RS

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £228,125 median price is £226,750 Standard Deviation is £130,723 with Total Sold: 4
- The Last 5 Year average price is £365,000 with Total Sold: 1
- The most recent sale happened at this postcode is RIDGEWAY SPEKES ROAD: £365,000 (Sold on 19 Aug 2021)
- The first recorded sale happened at this postcode is CARREG WEN SPEKES ROAD: £94,000 (Sold on 15 Dec 1995)
Detached
- The average price is around £408,978 median price is £360,000 Standard Deviation is £219,385 with Total Sold: 23
- The Last 5 Year average price is £722,500 with Total Sold: 4
- The most recent sale happened at this postcode is HEDGEROWS SPEKES ROAD: £750,000 (Sold on 05 May 2021)
- The first recorded sale happened at this postcode is TENROH SPEKES ROAD: £117,000 (Sold on 13 Aug 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average ME7 3RS 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£365,000	£7,766	1
2016	£352,500	£3,294	1
1999	£101,000		1
1995	£94,000	£879	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£665,000	£2,700	2
2020	£460,000	£4,000	1
2019	£1,100,000	£2,594	1
2018	£615,000	£3,361	1
2015	£533,500	£3,240	2
2014	£492,500	£2,691	1
2013	£340,000	£1,722	2
2008	£302,500	£1,512	2
2006	£360,000		1
2005	£570,000		1
2003	£340,000	£2,535	2
2001	£250,000		1
2000	£227,500	£590	4
1999	£170,000		1
1998	£117,000		1

All the Sales in the SPEKES ROAD, ME7 3RS

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

Address	Sold Date	Price	% Change
RIDGEWAY SPEKES ROADSemi-Detached, FreeholdArea: 47 Sq.mtrAge: 1967-1975	19 Aug 2021	£365,000	First Sale
HEDGEROWS SPEKES ROADDetached, FreeholdArea: 370 Sq.mtrAge: 1950-1966	05 May 2021	£750,000	74.42%
	14 Aug 2013	£430,000	First Sale
DOMUS SPEKES ROADDetached, FreeholdArea: 172 Sq.mtrAge: 1950-1966	15 Mar 2021	£580,000	123.08%
	28 Nov 2008	£260,000	First Sale
15 SPEKES ROADDetached, FreeholdArea: 115 Sq.mtrAge: 1967-1975	12 Jun 2020	£460,000	First Sale
CEDAR LODGE SPEKES ROADDetached, FreeholdArea: 424 Sq.mtrAge: 2007 onwards	16 Aug 2019	£1,100,000	340.00%
	15 May 2000	£250,000	First Sale
ROEWEN SPEKES ROADDetached, FreeholdArea: 183 Sq.mtrAge: 1967-1975	05 Jul 2018	£615,000	24.87%
	30 Oct 2014	£492,500	First Sale
CARREG WEN SPEKES ROADSemi-Detached, FreeholdArea: 107 Sq.mtrAge: 1950-1966	02 Sep 2016	£352,500	275.00%
	15 Dec 1995	£94,000	First Sale
AURORA SPEKES ROADDetached, FreeholdArea: 188 Sq.mtrAge: 1900-1929	31 Jul 2015	£600,000	First Sale
27 SPEKES ROADDetached, FreeholdArea: 142 Sq.mtrAge: 1983-1990	07 Jul 2015	£467,000	29.72%
	12 Dec 2003	£360,000	First Sale
17 SPEKES ROADDetached, FreeholdArea: 109.6 Sq.mtrAge: 1967-1975	08 Apr 2013	£250,000	First Sale
REINA DEL VILLA SPEKES ROADDetached, Freehold	11 Jul 2008	£345,000	-4.17%
	02 Nov 2006	£360,000	12.50%
	25 Sep 2003	£320,000	First Sale
SWITHINDENE SPEKES ROADDetached, Freehold	28 Jan 2005	£570,000	First Sale
YEALAND HOUSE SPEKES ROADDetached, Freehold	28 Sep 2001	£250,000	First Sale
ACORN LODGE SPEKES ROADDetached, Freehold	30 Nov 2000	£205,000	First Sale
POLENDRA SPEKES ROADDetached, Freehold	18 Jul 2000	£205,000	First Sale
WOODVALE SPEKES ROADDetached, Freehold	17 Apr 2000	£250,000	First Sale
THE WHARI SPEKES ROADDetached, Freehold	05 Jul 1999	£170,000	First Sale
HAZELDENE SPEKES ROADSemi-Detached, Freehold	22 Apr 1999	£101,000	First Sale
TENROH SPEKES ROADDetached, Freehold	13 Aug 1998	£117,000	First Sale

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

SPEKES ROAD, ME7 3RS Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £211,215 median price is £200,000 Standard Deviation is £106,200 with Total Sold: 446
- The Last 5 Year average price is £368,611 with Total Sold: 72
- 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 £301,277 median price is £275,000 Standard Deviation is £167,183 with Total Sold: 706
- The Last 5 Year average price is £525,145 with Total Sold: 100
- The most recent sale happened at this postcode is , 26 SWAIN ROAD: £410,000 (Sold on 31 Jul 2024)
- The first recorded sale happened at this postcode is , 55 BREDHURST ROAD: £128,000 (Sold on 08 Feb 1995)
Terraced
- The average price is around £168,917 median price is £160,000 Standard Deviation is £92,599 with Total Sold: 140
- The Last 5 Year average price is £294,781 with Total Sold: 16
- The most recent sale happened at this postcode is , 24 LOMBARDY CLOSE: £425,000 (Sold on 29 Jul 2024)
- The first recorded sale happened at this postcode is , 16 LOMBARDY CLOSE: £53,000 (Sold on 12 May 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£386,750		4
2023	£389,906	£4,435	16
2022	£370,706	£4,382	17
2021	£352,321	£4,255	14
2020	£374,400	£3,881	10
2019	£343,273	£3,866	11
2018	£335,140	£3,771	10
2017	£332,763	£3,604	19
2016	£296,819	£3,320	16
2015	£245,000	£3,000	13
2014	£230,607	£2,978	14
2013	£212,460	£2,342	14
2012	£200,461	£2,351	18
2011	£196,667	£2,474	6
2010	£210,292	£2,619	12
2009	£189,833	£2,705	15
2008	£252,636	£2,431	11
2007	£211,434	£2,412	23
2006	£213,750	£1,960	16
2005	£187,248	£2,255	8
2004	£202,848	£2,322	21
2003	£170,190	£1,969	12
2002	£141,803	£1,560	23
2001	£128,082	£1,405	21
2000	£109,117	£1,311	17
1999	£97,289	£1,045	19
1998	£99,416	£856	12
1997	£82,548	£974	20
1996	£68,275	£805	20
1995	£68,971	£808	14

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£561,000	£3,502	8
2023	£564,625	£4,778	8
2022	£499,710	£4,704	12
2021	£549,804	£3,823	28
2020	£511,614	£3,771	22
2019	£493,773	£3,778	22
2018	£502,600	£3,915	13
2017	£458,724	£3,583	29
2016	£469,250	£3,228	20
2015	£371,283	£3,122	30
2014	£342,250	£2,654	22
2013	£342,739	£2,494	23
2012	£309,869	£2,670	27
2011	£307,595	£2,444	21
2010	£312,941	£2,618	17
2009	£292,188	£2,464	16
2008	£305,353	£2,196	17
2007	£357,057	£2,143	27
2006	£317,056	£2,192	18
2005	£305,500	£1,868	13
2004	£298,089	£2,219	28
2003	£283,400	£2,070	30
2002	£208,537	£1,946	27
2001	£208,100	£1,421	30
2000	£178,500	£1,321	34
1999	£137,857	£1,120	40
1998	£155,796	£983	28
1997	£118,455	£1,057	34
1996	£105,110	£846	41
1995	£99,000	£784	21

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£346,000		2
2022	£357,000	£4,550	4
2021	£267,167	£3,936	6
2020	£245,000	£3,828	1
2019	£249,500	£3,460	3
2018	£277,667	£3,963	3
2017	£284,583	£3,743	6
2016	£277,333	£3,102	3
2015	£189,499	£2,854	6
2014	£183,166	£2,712	6
2013	£165,000	£2,463	2
2012	£217,000	£2,213	2
2011	£144,000	£2,350	1
2010	£213,699	£2,440	5
2009	£130,375	£2,373	2
2008	£152,750	£2,894	2
2007	£188,225	£2,655	10
2006	£157,249	£2,416	8
2005	£196,750	£2,194	4
2004	£178,350	£1,916	10
2003	£154,165	£2,005	6
2002	£86,999	£1,530	7
2001	£179,642	£1,402	7
2000	£78,916	£1,197	6
1999	£71,199	£916	5
1998	£67,386	£899	9
1997	£49,000	£841	4
1996	£66,399	£870	5
1995	£62,900	£879	5

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
2022	£3,780,000		1
2021	£551,500		1
2020	£16,500		2
2019	£350,000		1
2018	£137,550	£1,859	2
2014	£950,000		1

House Type in ME7 3RS area

The most common house types in the ME7 3RS postcode area are Detached (96), Semi-detached (24), and Flat (2).

Total	123
Detached	96
Semi-detached	24
Flat	2
Terraced	1
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (68), and Owned: Owns with a mortgage or loan (50).

Owned: Owns outright	68
Owned: Owns with a mortgage or loan	50
Private rented: Private landlord or letting agency	3
Social rented: Rents from council or Local Authority	2
Social rented: Other social rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the ME7 3RS have 2 people in household (46), and 1 person in household (23).

2 people in household	46
1 person in household	23
4 people in household	20
3 people in household	19
5 people in household	16
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0