Housing Market Analysis for OCEAN TERRACE, ME12 2SN

Are you looking to understand ME12 2SN 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 Swale postcode.

For the location information and nearby amenities in the ME12 2SN area, explore the ME12 2SN Area information page.
For comprehensive crime statistics in the ME12 2SN area, explore the ME12 2SN Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME12 2SN postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £163,423 median price is £164,000 Standard Deviation is £57,709 with Total Sold: 11
    • The Last 5 Year average price is £225,000 with Total Sold: 4
    • The most recent sale happened at this postcode is 2 OCEAN TERRACE: £230,000 (Sold on 25 Aug 2023)
    • The first recorded sale happened at this postcode is 2 OCEAN TERRACE: £215,000 (Sold on 08 Feb 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average ME12 2SN 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£230,000 £3,966 1
2022£235,000 £4,052 1
2020£220,000 £3,385 1
2017£182,000 £3,138 1
2016£164,000 £2,523 1
2006£134,050 £2,018 3
2003£103,000 £1,776 1
1999£46,500 £802 1
2024£215,000 £3,707 1

All the Sales in the OCEAN TERRACE, ME12 2SN

See the table below for more details on the sold house prices in the ME12 2SN, Swale postcode.

AddressSold DatePrice% Change
2 OCEAN TERRACETerraced, FreeholdArea: 58 Sq.mtrAge: 1900-192925 Aug 2023£230,000-2.13%
14 Jan 2022£235,00029.12%
10 Apr 2017£182,00035.82%
30 Jun 2006£134,00030.10%
13 May 2003£103,000121.51%
03 Jun 1999£46,500-78.37%
08 Feb 2024£215,000First Sale
1 OCEAN TERRACETerraced, FreeholdArea: 65 Sq.mtrAge: before 190014 Aug 2020£220,00034.15%
15 Jan 2016£164,00046.23%
06 Jan 2006£112,150First Sale
3 OCEAN TERRACETerraced, Freehold03 Aug 2006£156,000First Sale

Check out the sold house prices near the ME12 2SN postcode. Properties currently for saleProperties currently for rent

OCEAN TERRACE, ME12 2SN Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME12 2SN 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 ME12 2SN postcode.

  • Semi-Detached
    • The average price is around £166,865 median price is £160,000 Standard Deviation is £89,810 with Total Sold: 330
    • The Last 5 Year average price is £286,227 with Total Sold: 55
    • The most recent sale happened at this postcode is , 2 BOUNDARY CLOSE: £235,000 (Sold on 12 Sep 2024)
    • The first recorded sale happened at this postcode is , 4 FALCON GARDENS: £56,000 (Sold on 21 Apr 1995)
  • Detached
    • The average price is around £205,905 median price is £190,000 Standard Deviation is £115,001 with Total Sold: 712
    • The Last 5 Year average price is £373,175 with Total Sold: 103
    • The most recent sale happened at this postcode is , 24 STANLEY AVENUE: £335,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 79 CHEQUERS ROAD: £20,000 (Sold on 06 Jan 1995)
  • Other
    • The average price is around £281,205 median price is £195,000 Standard Deviation is £204,328 with Total Sold: 18
    • The Last 5 Year average price is £374,212 with Total Sold: 8
    • The most recent sale happened at this postcode is , VALETTA PRINCES AVENUE: £430,000 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is , 2 KINGS ROAD: £156,000 (Sold on 29 Mar 2016)
  • Terraced
    • The average price is around £129,179 median price is £126,000 Standard Deviation is £65,681 with Total Sold: 189
    • The Last 5 Year average price is £231,500 with Total Sold: 26
    • The most recent sale happened at this postcode is , 17 HIGH STREET: £236,000 (Sold on 07 Mar 2024)
    • The first recorded sale happened at this postcode is , 93 PRINCE CHARLES AVENUE: £48,500 (Sold on 10 Feb 1995)
  • Flat
    • The average price is around £115,076 median price is £119,995 Standard Deviation is £30,917 with Total Sold: 41
    • The Last 5 Year average price is £170,500 with Total Sold: 4
    • The most recent sale happened at this postcode is , 17 HAYWOOD AVENUE: £160,000 (Sold on 25 Jan 2023)
    • The first recorded sale happened at this postcode is , 5 HIGH STREET: £49,995 (Sold on 18 Oct 2002)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£264,000 £3,784 8
2023£317,900 £3,833 5
2022£326,667 £3,722 15
2021£255,182 £3,700 11
2020£270,875 £3,199 16
2019£255,400 £3,041 10
2018£284,643 £2,721 7
2017£222,071 £3,518 7
2016£210,341 £2,686 11
2015£198,423 £2,516 13
2014£191,124 £2,226 8
2013£158,955 £1,968 11
2012£160,982 £1,813 14
2011£175,789 £1,800 15
2010£152,293 £1,872 17
2009£178,370 £2,049 10
2008£156,500 £2,450 6
2007£177,250 £1,860 7
2006£155,564 £2,374 11
2005£174,388 £1,817 9
2004£159,000 £1,871 15
2003£146,125 £1,665 8
2002£98,142 £1,171 19
2001£88,812 £1,136 16
2000£73,299 £741 5
1999£63,625 £808 14
1998£63,549 £747 10
1997£52,137 £786 18
1996£46,861 £685 9
1995£47,000 £665 5
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£347,000 £3,289 16
2023£432,765 £4,106 17
2022£421,735 £4,323 17
2021£367,896 £3,510 29
2020£320,396 £3,385 24
2019£306,591 £3,390 22
2018£311,857 £3,377 14
2017£274,198 £2,927 20
2016£280,977 £2,794 24
2015£241,932 £2,291 22
2014£218,143 £2,261 27
2013£207,016 £2,021 32
2012£184,093 £2,100 16
2011£199,462 £1,900 29
2010£203,854 £2,034 27
2009£186,944 £1,964 18
2008£220,214 £2,678 14
2007£224,173 £2,083 26
2006£191,642 £2,253 21
2005£222,553 £1,986 28
2004£217,500 £1,722 19
2003£202,035 £1,614 21
2002£142,798 £1,331 35
2001£114,813 £1,169 37
2000£102,968 £1,080 32
1999£85,885 £896 24
1998£89,166 £893 27
1997£73,259 £617 23
1996£63,829 £601 27
1995£59,683 £587 24
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£680,000 £2,990 2
2021£306,875 £2,866 4
2020£203,100 £1,892 2
2019£131,000 £1,674 2
2018£207,4982
2017£308,333 £3,488 3
2016£155,333 £3,628 3
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£225,500 £3,136 2
2023£237,125 £3,245 4
2022£233,333 £3,371 3
2021£238,636 £2,758 11
2020£215,750 £2,621 6
2019£186,775 £2,286 6
2018£155,500 £1,872 3
2017£183,286 £2,607 7
2016£186,917 £2,339 6
2015£130,000 £1,727 2
2014£165,000 £1,660 1
2013£120,000 £1,987 2
2012£115,875 £1,739 4
2011£154,699 £1,641 5
2010£153,247 £1,632 7
2009£140,357 £1,859 7
2008£149,800 £1,698 5
2007£148,750 £2,132 12
2006£141,615 £1,870 10
2005£138,000 £1,729 8
2004£127,625 £1,593 4
2003£111,355 £1,542 7
2002£87,221 £1,067 9
2001£71,500 £924 6
2000£64,266 £742 15
1999£64,590 £860 11
1998£49,898 £576 5
1997£48,495 £473 10
1996£40,000 £505 3
1995£45,000 £476 8
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£160,000 £3,810 1
2021£174,000 £2,804 3
2019£125,000 £1,623 1
2017£118,160 £2,009 4
2016£131,500 £2,251 3
2015£119,750 £2,033 4
2014£95,000 £2,021 1
2013£97,250 £1,683 12
2012£117,098 £1,655 5
2010£121,163 £1,752 3
2009£124,500 £1,782 2
2003£55,0001
2002£49,995 £542 1

House Type in ME12 2SN area

The most common house types in the ME12 2SN postcode area are Detached (54), Terraced (40), and Semi-detached (21).

Total120
Detached54
Terraced40
Semi-detached21
Shared house4
Flat1
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 (49), and Owned: Owns outright (44).

Owned: Owns with a mortgage or loan49
Owned: Owns outright44
Private rented: Private landlord or letting agency21
Private rented: Other private rented4
Social rented: Rents from council or Local Authority1
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the ME12 2SN have 2 people in household (42), and 3 people in household (32).

2 people in household42
3 people in household32
1 person in household23
4 people in household8
5 people in household8
6 people in household4
7 people in household1
0 people in household0
8 or more people in household0