Housing Market Analysis for CITY WAY, ME1 2AB

Are you looking to understand ME1 2AB 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 ME1 2AB area, explore the ME1 2AB Area information page.
For comprehensive crime statistics in the ME1 2AB area, explore the ME1 2AB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME1 2AB postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £309,452 median price is £290,000 Standard Deviation is £152,801 with Total Sold: 25
- The Last 5 Year average price is £491,250 with Total Sold: 4
- The most recent sale happened at this postcode is 40 CITY WAY: £480,000 (Sold on 31 May 2024)
- The first recorded sale happened at this postcode is 8 CITY WAY: £400,000 (Sold on 18 Dec 2023)
Detached
- The average price is around £462,249 median price is £419,998 Standard Deviation is £265,745 with Total Sold: 4
- The Last 5 Year average price is £875,000 with Total Sold: 1
- The most recent sale happened at this postcode is 18B CITY WAY: £875,000 (Sold on 03 Nov 2022)
- The first recorded sale happened at this postcode is 36 CITY WAY: £134,000 (Sold on 01 Sep 1999)
Terraced
- The average price is around £171,000 median price is £171,000 Standard Deviation is £74,000 with Total Sold: 2
- The most recent sale happened at this postcode is 18 CITY WAY: £245,000 (Sold on 01 Oct 1999)
- The first recorded sale happened at this postcode is 26 CITY WAY: £97,000 (Sold on 27 Sep 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average ME1 2AB 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
2024	£480,000		1
2021	£350,000	£2,800	1
2019	£735,000	£4,109	1
2018	£400,667	£3,522	3
2017	£575,000	£4,259	1
2016	£435,000	£2,979	1
2015	£240,000	£2,034	1
2013	£261,900	£2,095	1
2010	£286,667	£1,968	3
2008	£231,667	£1,993	3
2007	£262,000	£2,516	1
2006	£299,200	£1,347	2
2001	£235,000	£1,746	1
1999	£108,500	£767	2
1996	£95,000	£637	2
2023	£400,000	£3,390	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£875,000	£4,397	1
2014	£440,000	£1,692	1
2006	£399,995	£1,538	1
1999	£134,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
1999	£245,000		1
1996	£97,000	£789	1

All the Sales in the CITY WAY, ME1 2AB

See the table below for more details on the sold house prices in the ME1 2AB, Medway postcode.

Address	Sold Date	Price	% Change
40 CITY WAYSemi-Detached, Freehold	31 May 2024	£480,000	83.21%
	09 Feb 2007	£262,000	208.24%
	04 Apr 1996	£85,000	First Sale
18B CITY WAYDetached, FreeholdArea: 199 Sq.mtrAge: 1950-1966	03 Nov 2022	£875,000	First Sale
12 CITY WAYSemi-Detached, FreeholdArea: 125 Sq.mtrAge: 1900-1929	11 Nov 2021	£350,000	33.64%
	20 Sep 2013	£261,900	-4.07%
	27 Mar 2008	£273,000	First Sale
22 CITY WAYSemi-Detached, FreeholdArea: 178.86 Sq.mtrAge: 1900-1929	10 Sep 2019	£735,000	105.31%
	01 Sep 2010	£358,000	First Sale
8 CITY WAYSemi-Detached, FreeholdArea: 118 Sq.mtrAge: 1900-1929	29 Aug 2018	£340,000	41.67%
	07 Apr 2015	£240,000	45.45%
	23 Aug 2010	£165,000	-58.75%
	18 Dec 2023	£400,000	First Sale
14 CITY WAYSemi-Detached, Freehold	31 May 2018	£350,000	50.86%
	18 Dec 2008	£232,000	22.11%
	01 Feb 2008	£190,000	First Sale
26 CITY WAYSemi-Detached, FreeholdArea: 123 Sq.mtrAge: 1930-1949	11 Jan 2018	£512,000	427.84%
	27 Sep 1996	£97,000	First Sale
24 CITY WAYSemi-Detached, FreeholdArea: 135 Sq.mtrAge: 1930-1949	10 Nov 2017	£575,000	First Sale
42 CITY WAYSemi-Detached, FreeholdArea: 146 Sq.mtrAge: 1930-1949	27 Oct 2016	£435,000	288.39%
	12 Mar 1999	£112,000	First Sale
20 CITY WAYDetached, FreeholdArea: 260 Sq.mtrAge: 1900-1929	14 Nov 2014	£440,000	10.00%
20 CITY WAYDetached, FreeholdArea: 260 Sq.mtrAge: 1900-1929	12 Sep 2006	£399,995	First Sale
50 CITY WAYSemi-Detached, FreeholdArea: 134.6 Sq.mtr	29 Jun 2010	£337,000	43.40%
50 CITY WAYSemi-Detached, FreeholdArea: 134.6 Sq.mtr	21 Aug 2001	£235,000	First Sale
60 CITY WAYSemi-Detached, FreeholdArea: 229 Sq.mtrAge: 1950-1966	18 Oct 2006	£308,400	193.71%
	31 Jul 1996	£105,000	First Sale
32 CITY WAYSemi-Detached, Freehold	12 Jul 2006	£290,000	First Sale
18 CITY WAYTerraced, Freehold	01 Oct 1999	£245,000	First Sale
36 CITY WAYDetached, Freehold	01 Sep 1999	£134,000	First Sale
46 CITY WAYSemi-Detached, Freehold	23 Mar 1999	£105,000	First Sale

Check out the sold house prices near the ME1 2AB postcode. Properties currently for saleProperties currently for rent

CITY WAY, ME1 2AB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME1 2AB 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 ME1 2AB postcode.

Terraced
- The average price is around £152,615 median price is £136,000 Standard Deviation is £96,388 with Total Sold: 2,715
- The Last 5 Year average price is £278,593 with Total Sold: 426
- The most recent sale happened at this postcode is , 100 ROCHESTER AVENUE: £310,000 (Sold on 16 Sep 2024)
- The first recorded sale happened at this postcode is , 44 CASTLE AVENUE: £43,000 (Sold on 05 Jan 1995)
Semi-Detached
- The average price is around £203,406 median price is £158,500 Standard Deviation is £159,134 with Total Sold: 567
- The Last 5 Year average price is £390,247 with Total Sold: 83
- The most recent sale happened at this postcode is , 31 HOWARD AVENUE: £135,000 (Sold on 22 Aug 2024)
- The first recorded sale happened at this postcode is , 13 DELCE ROAD: £46,000 (Sold on 06 Feb 1995)
Other
- The average price is around £692,831 median price is £302,800 Standard Deviation is £1,405,019 with Total Sold: 66
- The Last 5 Year average price is £806,289 with Total Sold: 40
- The most recent sale happened at this postcode is , 35 NEW ROAD: £98,112 (Sold on 15 Aug 2024)
- The first recorded sale happened at this postcode is , 151 HIGH STREET: £520,000 (Sold on 23 Jun 2014)
Flat
- The average price is around £136,265 median price is £122,000 Standard Deviation is £81,318 with Total Sold: 1,308
- The Last 5 Year average price is £222,945 with Total Sold: 314
- The most recent sale happened at this postcode is , 14 ROCHESTER GATE: £150,000 (Sold on 17 Jul 2024)
- The first recorded sale happened at this postcode is , 49 ONSLOW ROAD: £34,000 (Sold on 13 Jan 1995)
Detached
- The average price is around £309,757 median price is £274,750 Standard Deviation is £179,958 with Total Sold: 114
- The Last 5 Year average price is £471,538 with Total Sold: 21
- The most recent sale happened at this postcode is , 45 KING STREET: £277,000 (Sold on 15 Dec 2023)
- The first recorded sale happened at this postcode is , ORCHARD HOUSE KING EDWARD ROAD: £180,000 (Sold on 19 Jul 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£294,013	£3,339	28
2023	£307,956	£3,468	45
2022	£307,127	£3,504	88
2021	£275,542	£3,172	131
2020	£248,463	£2,982	52
2019	£250,571	£2,844	82
2018	£241,368	£3,020	80
2017	£263,140	£2,889	87
2016	£234,271	£2,643	82
2015	£191,289	£2,321	90
2014	£187,533	£2,156	104
2013	£171,595	£1,950	99
2012	£168,878	£1,919	72
2011	£156,559	£1,685	59
2010	£132,397	£1,789	52
2009	£131,355	£1,673	38
2008	£157,557	£1,883	57
2007	£159,078	£1,880	124
2006	£141,048	£1,750	124
2005	£137,404	£1,689	107
2004	£135,267	£1,597	136
2003	£118,971	£1,424	112
2002	£98,377	£1,123	121
2001	£76,617	£945	131
2000	£67,558	£797	132
1999	£55,385	£637	129
1998	£57,799	£614	92
1997	£45,393	£548	106
1996	£44,025	£478	73
1995	£40,370	£471	82

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£322,778	£4,793	9
2023	£408,583	£4,287	12
2022	£373,100	£4,307	10
2021	£443,054	£3,931	28
2020	£357,455	£3,267	11
2019	£347,231	£3,631	13
2018	£286,147	£3,255	17
2017	£340,211	£3,536	19
2016	£398,427	£3,385	16
2015	£306,833	£3,093	15
2014	£206,611	£2,552	9
2013	£265,513	£2,429	15
2012	£261,845	£2,693	20
2011	£149,417	£1,666	12
2010	£223,922	£2,189	20
2009	£248,889	£2,373	9
2008	£186,300	£1,849	15
2007	£206,605	£2,227	19
2006	£183,615	£1,754	23
2005	£160,199	£1,927	21
2004	£189,072	£2,002	21
2003	£170,442	£1,535	27
2002	£149,269	£1,393	26
2001	£118,797	£1,211	21
2000	£123,510	£1,168	23
1999	£87,975	£795	30
1998	£62,934	£817	18
1997	£61,783	£634	30
1996	£56,465	£592	39
1995	£58,973	£507	19

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£346,556		2
2023	£5,260,000	£36,842	2
2022	£398,294	£3,232	6
2021	£532,222	£5,389	9
2020	£387,167	£2,472	6
2019	£769,047	£4,621	15
2018	£636,550	£1,368	10
2017	£425,887		11
2016	£5,000		1
2015	£633,333	£4,883	3
2014	£520,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£208,529	£3,730	12
2023	£254,894	£3,887	94
2022	£248,653	£3,118	85
2021	£183,215	£3,038	58
2020	£183,250	£3,054	38
2019	£178,405	£2,893	27
2018	£172,188	£3,018	47
2017	£158,979	£2,920	33
2016	£149,468	£2,944	53
2015	£145,041	£2,542	48
2014	£126,813	£2,314	41
2013	£110,851	£1,964	39
2012	£111,961	£2,032	40
2011	£112,520	£1,959	25
2010	£109,682	£2,118	22
2009	£108,925	£2,042	40
2008	£121,338	£2,319	57
2007	£131,761	£2,229	39
2006	£116,599	£2,082	60
2005	£124,280	£2,229	37
2004	£125,518	£2,115	91
2003	£121,931	£2,011	52
2002	£85,937	£1,488	58
2001	£66,115	£1,386	43
2000	£54,804	£1,160	40
1999	£41,830	£986	30
1998	£44,132	£854	36
1997	£37,508	£801	24
1996	£32,609	£633	16
1995	£31,587	£637	23

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£469,400	£3,582	7
2022	£562,500	£4,476	4
2021	£486,500	£3,192	3
2020	£645,000	£3,986	1
2019	£377,000	£3,193	6
2018	£392,500	£2,910	3
2017	£331,333	£2,882	3
2016	£409,000	£3,690	5
2015	£365,000	£4,308	2
2014	£433,333	£2,939	3
2013	£336,150	£2,540	6
2012	£353,725	£2,722	4
2011	£338,667	£2,984	6
2009	£261,125	£2,083	4
2008	£380,500	£3,015	2
2007	£230,750	£2,385	2
2006	£312,428	£2,727	7
2005	£192,500		1
2004	£327,250	£2,261	6
2003	£305,999	£1,836	8
2002	£201,399	£1,337	5
2001	£156,550	£1,018	4
2000	£161,000		5
1999	£202,000		2
1998	£181,167	£979	3
1997	£114,333	£1,059	3
1996	£99,000	£894	5
1995	£104,500		4

House Type in ME1 2AB area

The most common house types in the ME1 2AB postcode area are Semi-detached (53), Terraced (47), and Flat (15).

Total	134
Semi-detached	53
Terraced	47
Flat	15
Detached	9
commercial building	6
converted building	3
Shared house	1
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (46), and Owned: Owns outright (39).

Owned: Owns with a mortgage or loan	46
Owned: Owns outright	39
Private rented: Private landlord or letting agency	38
Private rented: Other private rented	7
Social rented: Other social rented	6
Social rented: Rents from council or Local Authority	3
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the ME1 2AB have 1 person in household (51), and 2 people in household (46).

1 person in household	51
2 people in household	46
3 people in household	19
4 people in household	8
5 people in household	5
6 people in household	2
8 or more people in household	2
7 people in household	1
0 people in household	0