Housing Market Analysis for CHAPEL LANE, ME7 3TD

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £448,667 median price is £491,250 Standard Deviation is £143,713 with Total Sold: 6
    • The Last 5 Year average price is £570,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 5 CHAPEL LANE: £590,000 (Sold on 09 Apr 2021)
    • The first recorded sale happened at this postcode is 9 CHAPEL LANE: £174,500 (Sold on 14 Nov 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average ME7 3TD 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
2021£590,000 £3,010 1
2020£550,000 £3,107 1
2018£565,000 £2,883 1
2013£432,500 £2,444 1
2004£380,0001
1997£174,5001

All the Sales in the CHAPEL LANE, ME7 3TD

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

AddressSold DatePrice% Change
5 CHAPEL LANEDetached, FreeholdArea: 196 Sq.mtrAge: 1967-197509 Apr 2021£590,0004.42%
12 Jul 2018£565,000First Sale
2 CHAPEL LANEDetached, FreeholdArea: 177 Sq.mtrAge: 1976-198212 Jun 2020£550,00027.17%
07 Jan 2013£432,500First Sale
9 CHAPEL LANEDetached, Freehold11 Jun 2004£380,000117.77%
14 Nov 1997£174,500First Sale

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

CHAPEL LANE, ME7 3TD Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £194,086 median price is £177,000 Standard Deviation is £103,729 with Total Sold: 267
    • The Last 5 Year average price is £335,698 with Total Sold: 43
    • 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)
  • Terraced
    • The average price is around £144,608 median price is £143,000 Standard Deviation is £71,823 with Total Sold: 234
    • The Last 5 Year average price is £246,398 with Total Sold: 31
    • The most recent sale happened at this postcode is , 9 THISTLEDOWN CLOSE: £231,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 55 LAMPLIGHTERS CLOSE: £81,000 (Sold on 20 Mar 1995)
  • Detached
    • The average price is around £326,982 median price is £310,000 Standard Deviation is £165,262 with Total Sold: 465
    • The Last 5 Year average price is £568,084 with Total Sold: 69
    • 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 £3,836,250 median price is £241,000 Standard Deviation is £10,723,123 with Total Sold: 10
    • The Last 5 Year average price is £6,232,083 with Total Sold: 6
    • The most recent sale happened at this postcode is , 16 HOUGHTON AVENUE: £608,000 (Sold on 24 Jul 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£387,500 £4,924 4
2023£341,111 £4,424 9
2022£366,875 £4,758 4
2021£342,091 £4,033 11
2020£336,812 £4,006 8
2019£270,000 £3,989 7
2018£324,556 £3,846 9
2017£311,600 £3,895 10
2016£331,000 £3,613 3
2015£271,399 £2,962 5
2014£246,400 £2,728 5
2013£205,542 £2,726 6
2012£203,143 £2,504 7
2011£186,000 £2,208 8
2010£163,417 £2,338 6
2009£215,812 £2,141 8
2008£187,700 £2,250 5
2007£200,312 £2,679 12
2006£211,000 £2,305 14
2005£201,333 £2,038 6
2004£194,269 £2,207 13
2003£162,682 £2,065 11
2002£152,600 £1,782 10
2001£115,422 £1,380 13
2000£119,408 £1,267 11
1999£88,995 £1,019 10
1998£89,768 £968 13
1997£77,906 £762 16
1996£70,221 £833 12
1995£55,582 £724 11
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£289,300 £4,800 5
2023£212,948 £4,801 3
2022£293,375 £4,083 4
2021£233,188 £4,112 8
2020£270,750 £5,304 4
2019£204,429 £4,070 7
2018£229,250 £3,994 4
2017£260,000 £3,675 2
2016£204,724 £3,556 13
2015£188,667 £3,053 9
2014£162,000 £2,851 9
2013£165,778 £2,324 9
2012£152,167 £2,546 6
2011£152,417 £2,432 6
2010£170,000 £2,500 5
2009£151,714 £2,252 7
2008£148,833 £3,121 3
2007£170,722 £2,496 9
2006£166,908 £2,456 11
2005£163,659 £2,300 8
2004£145,624 £2,257 8
2003£121,667 £2,235 6
2002£110,839 £1,687 16
2001£88,768 £1,446 13
2000£77,274 £1,247 18
1999£69,125 £1,036 8
1998£61,743 £1,023 8
1997£48,773 £849 11
1996£53,667 £808 6
1995£58,375 £789 8
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£627,5002
2023£626,056 £4,020 9
2022£623,482 £3,910 14
2021£547,777 £4,052 20
2020£566,429 £3,293 14
2019£469,400 £3,682 10
2018£517,077 £3,573 13
2017£536,944 £3,795 9
2016£442,571 £3,337 14
2015£441,211 £3,326 19
2014£341,167 £2,687 12
2013£383,375 £2,510 8
2012£357,682 £2,331 11
2011£364,286 £2,914 7
2010£390,846 £2,202 13
2009£307,273 £2,248 11
2008£413,722 £2,477 9
2007£329,783 £2,543 21
2006£337,145 £2,264 23
2005£306,972 £2,143 20
2004£340,600 £1,933 14
2003£266,293 £1,831 15
2002£253,231 £1,544 29
2001£210,142 £1,360 21
2000£206,656 £1,177 16
1999£165,500 £986 23
1998£163,157 £1,007 19
1997£142,336 £871 25
1996£136,520 £886 24
1995£124,950 £758 20
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£311,500 £4,406 2
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 3TD area

The most common house types in the ME7 3TD postcode area are Semi-detached (70), Terraced (29), and Detached (24).

Total124
Semi-detached70
Terraced29
Detached24
Flat1
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (56), and Owned: Owns outright (45).

Owned: Owns with a mortgage or loan56
Owned: Owns outright45
Private rented: Private landlord or letting agency19
Private rented: Other private rented2
Shared ownership: Shared ownership1
Social rented: Other social rented1
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the ME7 3TD have 2 people in household (46), and 1 person in household (29).

2 people in household46
1 person in household29
3 people in household25
4 people in household21
5 people in household3
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0