Housing Market Analysis for CITY WAY, ME1 2AE

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

Overview of Sold House prices

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

Detached
- The average price is around £335,000 median price is £335,000 Standard Deviation is £165,000 with Total Sold: 2
- The Last 5 Year average price is £500,000 with Total Sold: 1
- The most recent sale happened at this postcode is 68 CITY WAY: £500,000 (Sold on 23 Jun 2023)
- The first recorded sale happened at this postcode is 70 CITY WAY: £170,000 (Sold on 26 Apr 2000)
Semi-Detached
- The average price is around £210,884 median price is £239,000 Standard Deviation is £102,164 with Total Sold: 22
- The Last 5 Year average price is £368,833 with Total Sold: 3
- The most recent sale happened at this postcode is 74 CITY WAY: £377,500 (Sold on 03 Apr 2023)
- The first recorded sale happened at this postcode is 98 CITY WAY: £55,000 (Sold on 08 Mar 1995)
Terraced
- The average price is around £446,250 median price is £475,000 Standard Deviation is £120,332 with Total Sold: 4
- The Last 5 Year average price is £550,000 with Total Sold: 2
- The most recent sale happened at this postcode is 66 CITY WAY: £525,000 (Sold on 12 Nov 2021)
- The first recorded sale happened at this postcode is 62 CITY WAY: £260,000 (Sold on 19 Aug 2011)

Sold Price Trend Over the Years:

Below table and chart gives the average ME1 2AE 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£500,000	£3,968	1
2000	£170,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£377,500	£4,242	1
2021	£365,000	£4,468	1
2019	£364,000	£4,282	1
2018	£275,000	£3,526	1
2016	£325,000	£2,720	1
2015	£297,500	£2,780	1
2014	£242,000	£2,847	1
2012	£250,000	£3,060	1
2010	£232,317	£3,103	3
2008	£232,500	£2,173	1
2006	£242,000	£2,025	1
2004	£236,000	£4,528	1
2003	£170,000		1
2000	£110,000		1
1999	£82,750	£711	2
1998	£103,000		1
1996	£71,000	£795	1
1995	£58,250		2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£550,000	£3,482	2
2017	£425,000	£2,611	1
2011	£260,000	£1,597	1

All the Sales in the CITY WAY, ME1 2AE

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

Address	Sold Date	Price	% Change
68 CITY WAYDetached, FreeholdArea: 126 Sq.mtrAge: 1900-1929	23 Jun 2023	£500,000	First Sale
74 CITY WAYSemi-Detached, FreeholdArea: 89 Sq.mtrAge: 1930-1949	03 Apr 2023	£377,500	First Sale
66 CITY WAYTerraced, FreeholdArea: 153 Sq.mtrAge: 1930-1949	12 Nov 2021	£525,000	First Sale
62 CITY WAYTerraced, FreeholdArea: 162.78 Sq.mtrAge: 1900-1929	03 Jun 2021	£575,000	35.29%
	16 Feb 2017	£425,000	63.46%
	19 Aug 2011	£260,000	First Sale
76 CITY WAYSemi-Detached, FreeholdArea: 81.7 Sq.mtrAge: 1930-1949	28 Jan 2021	£365,000	46.00%
	02 Aug 2012	£250,000	First Sale
84 CITY WAYSemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1930-1949	08 Feb 2019	£364,000	50.41%
	25 Sep 2014	£242,000	First Sale
80 CITY WAYSemi-Detached, FreeholdArea: 78 Sq.mtrAge: 1930-1949	01 Jun 2018	£275,000	First Sale
96 CITY WAYSemi-Detached, FreeholdArea: 119.5 Sq.mtrAge: 1930-1949	12 Jan 2016	£325,000	34.30%
	21 Dec 2006	£242,000	184.71%
	30 Jul 1999	£85,000	First Sale
92 CITY WAYSemi-Detached, FreeholdArea: 107 Sq.mtrAge: 1930-1949	07 May 2015	£297,500	27.96%
	07 Mar 2008	£232,500	First Sale
72 CITY WAYSemi-Detached, FreeholdArea: 107.2 Sq.mtrAge: 1930-1949	18 Nov 2010	£249,950	First Sale
82 CITY WAYSemi-Detached, FreeholdArea: 89.36 Sq.mtr	29 Jul 2010	£200,000	181.69%
82 CITY WAYSemi-Detached, FreeholdArea: 89.36 Sq.mtr	21 Feb 1996	£71,000	First Sale
86 CITY WAYSemi-Detached, FreeholdArea: 52.12 Sq.mtrAge: 1930-1949	29 Jun 2010	£247,000	4.66%
	16 Aug 2004	£236,000	First Sale
98 CITY WAYSemi-Detached, Freehold	17 Jul 2003	£170,000	111.18%
	22 Oct 1999	£80,500	46.36%
	08 Mar 1995	£55,000	First Sale
94 CITY WAYSemi-Detached, Freehold	16 Jun 2000	£110,000	First Sale
70 CITY WAYDetached, Freehold	26 Apr 2000	£170,000	First Sale
64 CITY WAYSemi-Detached, Freehold	18 Aug 1998	£103,000	First Sale
90 CITY WAYSemi-Detached, Freehold	21 Mar 1995	£61,500	First Sale

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

CITY WAY, ME1 2AE Near By properties

Interactive Map

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

Terraced
- The average price is around £141,886 median price is £131,375 Standard Deviation is £85,073 with Total Sold: 3,022
- The Last 5 Year average price is £262,770 with Total Sold: 449
- 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 , 71 HOLCOMBE ROAD: £42,000 (Sold on 03 Jan 1995)
Semi-Detached
- The average price is around £163,219 median price is £140,000 Standard Deviation is £110,954 with Total Sold: 503
- The Last 5 Year average price is £308,918 with Total Sold: 67
- 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 £726,916 median price is £285,000 Standard Deviation is £1,659,254 with Total Sold: 41
- The Last 5 Year average price is £764,688 with Total Sold: 27
- 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 , 380 HIGH STREET: £170,000 (Sold on 27 Feb 2015)
Flat
- The average price is around £104,579 median price is £100,500 Standard Deviation is £53,213 with Total Sold: 730
- The Last 5 Year average price is £170,621 with Total Sold: 107
- The most recent sale happened at this postcode is , 127 FORT PITT STREET: £127,500 (Sold on 31 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 £293,932 median price is £262,000 Standard Deviation is £192,749 with Total Sold: 99
- The Last 5 Year average price is £463,911 with Total Sold: 19
- 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 , 72 BOUNDARY ROAD: £51,000 (Sold on 31 Mar 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£282,292	£3,448	32
2023	£297,426	£3,482	51
2022	£286,447	£3,540	90
2021	£259,786	£3,051	126
2020	£243,324	£3,024	59
2019	£229,807	£2,941	91
2018	£234,013	£2,967	96
2017	£240,762	£2,895	79
2016	£217,630	£2,630	94
2015	£178,655	£2,248	97
2014	£165,320	£2,040	107
2013	£160,225	£1,847	100
2012	£158,521	£1,915	77
2011	£146,677	£1,708	66
2010	£133,610	£1,750	63
2009	£127,600	£1,680	50
2008	£154,899	£1,879	62
2007	£153,362	£1,905	156
2006	£139,444	£1,735	143
2005	£132,435	£1,670	115
2004	£127,986	£1,574	149
2003	£114,279	£1,387	128
2002	£90,860	£1,124	138
2001	£73,035	£918	151
2000	£64,350	£787	156
1999	£52,524	£642	143
1998	£49,114	£582	101
1997	£44,074	£557	115
1996	£42,568	£479	90
1995	£38,723	£454	97

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£283,750	£4,476	8
2023	£336,875	£4,411	8
2022	£320,273	£4,273	11
2021	£321,025	£3,925	20
2020	£278,571	£3,450	7
2019	£295,308	£3,686	13
2018	£267,067	£3,398	15
2017	£263,445	£3,417	18
2016	£288,986	£3,180	12
2015	£265,409	£2,939	11
2014	£184,577	£2,561	13
2013	£227,515	£2,291	13
2012	£231,027	£2,497	15
2011	£150,036	£1,641	14
2010	£200,997	£2,218	19
2009	£154,500	£2,123	8
2008	£166,867	£1,759	15
2007	£183,092	£2,366	19
2006	£165,960	£1,791	21
2005	£141,388	£1,730	23
2004	£151,857	£2,014	14
2003	£130,435	£1,395	24
2002	£109,068	£1,325	21
2001	£90,062	£1,077	20
2000	£89,797	£1,219	16
1999	£64,859	£783	21
1998	£55,433	£786	21
1997	£57,500	£645	32
1996	£47,219	£566	36
1995	£47,900	£515	15

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£98,112		1
2023	£3,768,333	£36,842	3
2022	£306,316	£3,087	4
2021	£160,333	£2,935	6
2020	£482,667		3
2019	£560,820	£5,062	10
2018	£763,143	£1,213	7
2017	£560,000		4
2016	£5,000		1
2015	£785,000	£2,267	2

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£162,375	£3,514	4
2023	£177,825	£3,290	20
2022	£172,708	£3,161	24
2021	£177,427	£3,145	24
2020	£165,929	£3,207	21
2019	£154,481	£2,711	14
2018	£167,353	£2,824	30
2017	£153,615	£2,901	18
2016	£127,337	£2,801	35
2015	£122,518	£2,421	28
2014	£114,088	£2,173	21
2013	£107,584	£1,899	32
2012	£112,719	£2,060	34
2011	£107,458	£1,756	12
2010	£103,667	£2,165	21
2009	£119,180	£2,129	25
2008	£106,346	£2,187	13
2007	£120,925	£2,402	24
2006	£107,800	£2,075	44
2005	£96,197	£2,203	19
2004	£89,921	£1,834	37
2003	£81,994	£1,691	34
2002	£62,879	£1,260	38
2001	£58,272	£1,153	36
2000	£50,642	£1,051	33
1999	£36,558	£714	13
1998	£41,444	£793	31
1997	£34,302	£729	18
1996	£28,958	£567	12
1995	£29,500	£587	15

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£369,450	£2,833	4
2022	£562,500	£4,476	4
2021	£486,500	£3,192	3
2020	£682,500	£3,576	2
2019	£377,000	£3,193	6
2018	£349,375	£2,581	4
2017	£402,000	£2,528	2
2016	£535,667	£2,960	3
2015	£475,000	£2,950	1
2014	£510,000	£2,195	2
2013	£338,650	£2,533	6
2012	£353,725	£2,722	4
2011	£268,333	£1,883	3
2009	£261,500	£2,083	3
2008	£272,500	£1,304	2
2007	£124,000	£2,385	1
2006	£300,332	£2,128	6
2005	£202,250	£809	2
2004	£316,700	£2,261	5
2003	£314,666	£1,443	6
2002	£155,499	£1,482	4
2001	£142,067	£1,018	3
2000	£142,500		4
1999	£130,000	£889	4
1998	£181,167	£979	3
1997	£114,333	£1,059	3
1996	£67,800	£818	5
1995	£58,625	£726	4

House Type in ME1 2AE area

The most common house types in the ME1 2AE postcode area are Terraced (63), Semi-detached (55), and Detached (9).

Total	128
Terraced	63
Semi-detached	55
Detached	9
Flat	1
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (48), and Owned: Owns with a mortgage or loan (48).

Owned: Owns outright	48
Owned: Owns with a mortgage or loan	48
Private rented: Private landlord or letting agency	22
Private rented: Other private rented	2
Shared ownership: Shared ownership	1
Social rented: Rents from council or Local Authority	1
Social rented: Other social rented	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the ME1 2AE have 2 people in household (44), and 3 people in household (33).

2 people in household	44
3 people in household	33
1 person in household	31
4 people in household	16
5 people in household	6
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0