Houses for sale in ME13 7JX, Water Lane, Abbey, Faversham


House Prices in ME13 7JX, Water Lane, Abbey

Properties in ME13 7JX have no sales history available within the last 3 years. ME13 7JX is a postcode in Water Lane located in Abbey, an area in Faversham, Kent, with 2 households².


Properties for sale near ME13 7JX, Water Lane

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Price Paid in Water Lane, ME13 7JX, Abbey

STUDIO COTTAGE BUNGALOW Water Lane, ME13 7JX, Abbey Faversham

Property STUDIO COTTAGE BUNGALOW has been sold 4 times. The last time it was sold was in 16/04/2021 and the sold price was £131,000.00.

This terraced house, sold as a freehold on 16/04/2021, is a 27 sqm mid-terrace bungalow with an EPC rating of E.

Date Price Property Type Tenure Classification
16/04/2021 £131,000.00 Terraced House freehold Established Building
10/09/2004 £90,000.00 Terraced House freehold Established Building
10/09/2004 £90,000.00 Terraced House freehold Established Building
01/03/2000 £34,000.00 Terraced House freehold Established Building

OARE HOUSE 2 Water Lane, ME13 7JX, Abbey Faversham

Property OARE HOUSE 2 has been sold 2 times. The last time it was sold was in 04/03/2016 and the sold price was £249,950.00.

This is a Flat which was sold as a leasehold in 04/03/2016

Date Price Property Type Tenure Classification
04/03/2016 £249,950.00 Flat leasehold Established Building
25/06/2004 £160,000.00 Flat leasehold Established Building

OARE HOUSE 1 Water Lane, ME13 7JX, Abbey Faversham

Property OARE HOUSE 1 has been sold 5 times. The last time it was sold was in 22/08/2014 and the sold price was £145,000.00.

This flat, sold as a leasehold on 22/08/2014, is a 73 sqm ground-floor maisonette with an EPC rating of E.

Date Price Property Type Tenure Classification
22/08/2014 £145,000.00 Flat leasehold Established Building
27/03/2012 £120,000.00 Flat leasehold Established Building
27/03/2009 £115,000.00 Flat leasehold Established Building
23/09/2005 £125,000.00 Flat leasehold Established Building
22/10/2004 £120,000.00 Flat leasehold Established Building

Property price trends in ME13 7JX, Water Lane

According to the latest Land Registry data, the average home in ME13 7JX, Water Lane sold for £131,000 in 2021. That figure comes from 11 sales logged over the past 21 years.

Looking back five years, average prices are down about 47.6% since 2016, a drop of around £118,950 in cash terms.

Zoom out to the past decade for the fuller picture. Back in 2012, homes here averaged £120,000, so the typical sold price has climbed about 9.2% since then, roughly 1% a year. Stretch the view to fifteen years and that annual pace eases back to about 0.3%.

Property Price Paid in ME13 7JX, Water Lane by Year

The average sold property price by year was:

Year Average Sold Price Price Change
Sold Properties More information
2021 £131,000
Price decrease
-91%
1 Property
2016 £249,950
Price increase
42%
1 Property
2014 £145,000
Price increase
17%
1 Property
2012 £120,000
Price increase
4%
1 Property
2009 £115,000
Price decrease
-9%
1 Property
2005 £125,000
Price increase
8%
1 Property
2004 £115,000
Price increase
70%
4 Properties
2000 £34,000
-
1 Property
Source: HM Land Registry — official sold price data published by the UK Government.