Housing Market Analysis for LAVENDA CLOSE, ME7 3TB

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £382,143 median price is £360,000 Standard Deviation is £214,857 with Total Sold: 14
    • The Last 5 Year average price is £795,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 10 LAVENDA CLOSE: £795,000 (Sold on 20 Jan 2022)
    • The first recorded sale happened at this postcode is 11 LAVENDA CLOSE: £122,500 (Sold on 11 Dec 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average ME7 3TB 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
2022£795,000 £3,597 1
2019£690,000 £3,122 1
2017£530,000 £4,309 1
2016£650,000 £2,289 1
2015£437,000 £2,767 2
2012£430,000 £1,946 1
2003£325,0001
2002£205,000 £1,444 1
2001£275,000 £2,236 1
1999£187,5001
1997£133,000 £624 2
1995£122,5001

All the Sales in the LAVENDA CLOSE, ME7 3TB

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

AddressSold DatePrice% Change
10 LAVENDA CLOSEDetached, FreeholdArea: 221 Sq.mtrAge: 1983-199020 Jan 2022£795,00015.22%
24 May 2019£690,00060.47%
09 Jan 2012£430,000211.59%
21 Mar 1997£138,000First Sale
3 LAVENDA CLOSEDetached, FreeholdArea: 123 Sq.mtrAge: 1983-199023 Oct 2017£530,00092.73%
12 Oct 2001£275,000First Sale
5 LAVENDA CLOSEDetached, FreeholdArea: 284 Sq.mtrAge: 1983-199021 Dec 2016£650,000First Sale
7 LAVENDA CLOSEDetached, FreeholdArea: 174.08 Sq.mtrAge: 1983-199027 Apr 2015£479,000First Sale
1 LAVENDA CLOSEDetached, FreeholdArea: 142 Sq.mtrAge: 1976-198206 Mar 2015£395,00092.68%
04 Feb 2002£205,000First Sale
4 LAVENDA CLOSEDetached, Freehold22 Aug 2003£325,000153.91%
23 Dec 1997£128,000First Sale
8 LAVENDA CLOSEDetached, Freehold26 Oct 1999£187,500First Sale
11 LAVENDA CLOSEDetached, Freehold11 Dec 1995£122,500First Sale

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

LAVENDA CLOSE, ME7 3TB Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £153,516 median price is £145,000 Standard Deviation is £82,199 with Total Sold: 358
    • The Last 5 Year average price is £285,752 with Total Sold: 45
    • 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 , 55 LAMPLIGHTERS CLOSE: £81,000 (Sold on 20 Mar 1995)
  • Semi-Detached
    • The average price is around £197,276 median price is £188,000 Standard Deviation is £101,183 with Total Sold: 453
    • The Last 5 Year average price is £351,855 with Total Sold: 55
    • The most recent sale happened at this postcode is , 16 PLUMTREE GROVE: £325,000 (Sold on 05 Sep 2024)
    • The first recorded sale happened at this postcode is , 18 MULBERRY CLOSE: £59,500 (Sold on 10 Mar 1995)
  • Detached
    • The average price is around £318,909 median price is £304,000 Standard Deviation is £166,143 with Total Sold: 557
    • The Last 5 Year average price is £574,875 with Total Sold: 72
    • The most recent sale happened at this postcode is , 20 BLOWERS WOOD GROVE: £520,000 (Sold on 02 Aug 2024)
    • The first recorded sale happened at this postcode is , 2 MAGDALEN CLOSE: £101,000 (Sold on 20 Jan 1995)
  • Flat
    • The average price is around £115,824 median price is £115,000 Standard Deviation is £57,291 with Total Sold: 71
    • The Last 5 Year average price is £191,667 with Total Sold: 9
    • The most recent sale happened at this postcode is , 2 COPPICE COURT: £200,000 (Sold on 31 Jan 2024)
    • The first recorded sale happened at this postcode is , 12A COPPICE COURT: £55,000 (Sold on 05 Apr 1995)
  • Other
    • The average price is around £3,830,600 median price is £241,000 Standard Deviation is £10,724,837 with Total Sold: 10
    • The Last 5 Year average price is £279,500 with Total Sold: 3
    • The most recent sale happened at this postcode is GARAGE, 71 BIRCH GROVE: £15,000 (Sold on 15 Mar 2023)
    • The first recorded sale happened at this postcode is , 9 HEMPSTEAD VALLEY SHOPPING CENTRE: £180,000 (Sold on 07 Sep 2015)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£295,500 £4,744 8
2023£276,474 £4,503 6
2022£304,864 £4,072 11
2021£274,969 £3,943 16
2020£270,750 £5,304 4
2019£221,600 £3,768 10
2018£234,000 £4,092 6
2017£265,000 £3,968 6
2016£216,761 £3,471 15
2015£204,833 £3,106 18
2014£159,708 £2,924 12
2013£168,136 £2,341 11
2012£154,375 £2,561 8
2011£152,125 £2,428 8
2010£169,583 £2,500 6
2009£153,000 £2,265 8
2008£164,750 £2,764 5
2007£167,718 £2,554 16
2006£167,133 £2,339 15
2005£160,065 £2,373 12
2004£152,134 £2,315 13
2003£133,149 £2,137 10
2002£111,233 £1,721 19
2001£96,666 £1,426 21
2000£80,681 £1,222 23
1999£70,333 £1,137 12
1998£63,029 £1,042 15
1997£51,250 £873 14
1996£58,693 £816 14
1995£57,500 £795 16
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£409,357 £4,924 7
2023£340,500 £4,447 10
2022£361,050 £4,501 10
2021£348,033 £4,061 16
2020£325,208 £4,079 12
2019£300,375 £3,635 12
2018£313,727 £3,913 11
2017£330,028 £3,914 18
2016£316,800 £3,615 10
2015£260,363 £2,923 11
2014£238,366 £2,932 15
2013£211,173 £2,666 13
2012£203,807 £2,514 14
2011£190,722 £2,178 9
2010£184,150 £2,571 10
2009£188,000 £2,272 15
2008£196,950 £2,574 10
2007£210,638 £2,726 27
2006£209,857 £2,333 21
2005£201,772 £2,483 11
2004£191,939 £2,270 20
2003£160,589 £1,951 20
2002£152,909 £1,782 11
2001£119,059 £1,443 21
2000£115,310 £1,321 16
1999£91,234 £1,076 19
1998£91,083 £1,004 24
1997£74,613 £868 22
1996£70,362 £873 17
1995£62,667 £789 21
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£672,500 £3,287 2
2023£666,864 £4,062 11
2022£617,500 £4,068 12
2021£540,018 £4,818 29
2020£535,556 £3,501 18
2019£474,300 £3,747 10
2018£497,571 £3,879 14
2017£492,353 £3,891 17
2016£434,000 £3,555 17
2015£413,318 £3,196 22
2014£325,600 £2,768 15
2013£359,808 £2,541 13
2012£328,382 £2,380 17
2011£340,000 £2,247 10
2010£371,643 £2,141 14
2009£301,000 £2,348 12
2008£388,314 £2,371 11
2007£313,593 £2,463 21
2006£340,309 £2,377 26
2005£306,088 £2,156 22
2004£336,053 £2,046 17
2003£266,319 £2,020 20
2002£251,615 £1,588 32
2001£201,759 £1,416 27
2000£199,146 £1,128 17
1999£154,456 £924 23
1998£154,125 £976 24
1997£137,813 £935 30
1996£127,492 £863 32
1995£113,818 £790 22
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£200,000 £3,226 1
2023£210,000 £3,443 1
2022£160,000 £3,077 2
2021£199,000 £2,976 5
2017£211,667 £3,790 3
2016£191,667 £3,058 3
2015£167,500 £2,656 2
2014£165,000 £2,611 1
2012£156,000 £2,438 1
2011£158,000 £2,548 1
2010£127,000 £2,319 2
2009£132,667 £2,166 3
2008£147,000 £2,554 2
2007£170,000 £2,656 1
2006£138,500 £2,233 4
2005£136,0001
2004£116,167 £2,028 3
2003£114,000 £1,987 4
2002£94,500 £1,659 4
2001£70,333 £1,301 3
2000£78,000 £1,258 1
1999£58,799 £944 5
1998£56,167 £939 3
1997£50,332 £923 6
1996£43,600 £777 5
1995£53,625 £849 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£15,0001
2021£551,5001
2020£272,000 £2,925 1
2019£12,165,833 £1,524 3
2018£145,000 £1,273 2
2017£500,000 £3,676 1
2015£180,0001

House Type in ME7 3TB area

The most common house types in the ME7 3TB postcode area are Detached (90), Semi-detached (28), and Shared house (1).

Total119
Detached90
Semi-detached28
Shared house1
Terraced0
Flat0
converted building0
commercial building0
temporary structure0

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 (45).

Owned: Owns outright63
Owned: Owns with a mortgage or loan45
Private rented: Private landlord or letting agency8
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
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 3TB have 2 people in household (40), and 4 people in household (26).

2 people in household40
4 people in household26
1 person in household21
3 people in household21
5 people in household5
6 people in household4
0 people in household0
7 people in household0
8 or more people in household0