Housing Market Analysis for CITY WAY, ME1 2AX

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £285,745 median price is £272,750 Standard Deviation is £106,850 with Total Sold: 38
- The Last 5 Year average price is £489,400 with Total Sold: 5
- The most recent sale happened at this postcode is 39 CITY WAY: £500,000 (Sold on 09 Dec 2022)
- The first recorded sale happened at this postcode is 17 CITY WAY: £99,500 (Sold on 03 Aug 1998)
Terraced
- The average price is around £343,833 median price is £281,500 Standard Deviation is £111,173 with Total Sold: 3
- The Last 5 Year average price is £500,000 with Total Sold: 1
- The most recent sale happened at this postcode is 3 CITY WAY: £500,000 (Sold on 13 Nov 2020)
- The first recorded sale happened at this postcode is 3 CITY WAY: £281,500 (Sold on 24 Jun 2005)
Detached
- The average price is around £272,500 median price is £279,000 Standard Deviation is £93,184 with Total Sold: 4
- The most recent sale happened at this postcode is 49 CITY WAY: £397,000 (Sold on 14 Aug 2017)
- The first recorded sale happened at this postcode is 49 CITY WAY: £135,000 (Sold on 03 Jul 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average ME1 2AX 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
2022	£540,000	£5,132	2
2021	£437,000	£4,649	1
2019	£465,000	£3,674	2
2018	£425,000	£4,009	1
2017	£375,000	£4,360	1
2015	£306,000	£3,139	2
2013	£284,500	£2,940	4
2012	£238,750	£3,161	2
2011	£269,167	£2,819	3
2010	£269,333	£2,489	3
2009	£220,000		1
2008	£283,750	£2,429	2
2007	£290,500	£2,694	3
2006	£269,500	£2,162	3
2005	£75,312		1
2004	£240,000	£2,208	2
2002	£235,000	£2,474	1
2001	£156,000		1
2000	£133,000	£727	1
1999	£122,000		1
1998	£99,500	£1,131	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£500,000	£3,906	1
2006	£250,000	£2,174	1
2005	£281,500		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£397,000	£3,263	1
2011	£290,000	£2,384	1
2004	£268,000	£2,203	1
1998	£135,000	£1,110	1

All the Sales in the CITY WAY, ME1 2AX

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

Address	Sold Date	Price	% Change
39 CITY WAYSemi-Detached, FreeholdArea: 111 Sq.mtrAge: 1930-1949	09 Dec 2022	£500,000	88.68%
	29 Jan 2004	£265,000	First Sale
61 CITY WAYSemi-Detached, FreeholdArea: 100.7 Sq.mtrAge: 1930-1949	08 Aug 2022	£580,000	107.14%
	22 Sep 2011	£280,000	First Sale
63 CITY WAYSemi-Detached, FreeholdArea: 94 Sq.mtrAge: 1930-1949	25 Mar 2021	£437,000	First Sale
3 CITY WAYTerraced, FreeholdArea: 128 Sq.mtrAge: 1930-1949	13 Nov 2020	£500,000	77.62%
3 CITY WAYTerraced, FreeholdArea: 128 Sq.mtrAge: 1930-1949	24 Jun 2005	£281,500	First Sale
29 CITY WAYSemi-Detached, FreeholdArea: 141 Sq.mtrAge: 1930-1949	29 Mar 2019	£520,000	51.82%
	16 Apr 2008	£342,500	First Sale
11 CITY WAYSemi-Detached, FreeholdArea: 112 Sq.mtrAge: 1900-1929	25 Feb 2019	£410,000	First Sale
31 CITY WAYSemi-Detached, FreeholdArea: 106 Sq.mtrAge: 1930-1949	28 Aug 2018	£425,000	97.67%
	05 Feb 2004	£215,000	First Sale
59 CITY WAYSemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1950-1966	08 Sep 2017	£375,000	First Sale
49 CITY WAYDetached, FreeholdArea: 121.66 Sq.mtrAge: 1930-1949	14 Aug 2017	£397,000	36.90%
	30 Aug 2011	£290,000	8.21%
	11 Nov 2004	£268,000	98.52%
	03 Jul 1998	£135,000	First Sale
43 CITY WAYSemi-Detached, FreeholdArea: 102.198 Sq.mtrAge: 1930-1949	07 Dec 2015	£345,000	17.35%
	03 Dec 2010	£294,000	5.95%
	12 Oct 2007	£277,500	First Sale
21 CITY WAYSemi-Detached, FreeholdArea: 92 Sq.mtrAge: 1930-1949	09 Nov 2015	£267,000	First Sale
25 CITY WAYSemi-Detached, Freehold	20 Dec 2013	£280,000	6.06%
25 CITY WAYSemi-Detached, Freehold	20 Aug 2010	£264,000	First Sale
17 CITY WAYSemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1930-1949	27 Aug 2013	£260,000	161.31%
	03 Aug 1998	£99,500	First Sale
37 CITY WAYSemi-Detached, FreeholdArea: 95 Sq.mtrAge: 1930-1949	22 Aug 2013	£278,000	18.30%
	02 Dec 2002	£235,000	First Sale
33 CITY WAYSemi-Detached, Freehold	29 May 2013	£320,000	12.68%
33 CITY WAYSemi-Detached, Freehold	01 Jun 2007	£284,000	First Sale
55 CITY WAYSemi-Detached, FreeholdArea: 68 Sq.mtrAge: 1930-1949	19 Sep 2012	£250,000	First Sale
57 CITY WAYSemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1930-1949	31 Aug 2012	£227,500	First Sale
9 CITY WAYSemi-Detached, Freehold	01 Aug 2011	£245,000	8.89%
9 CITY WAYSemi-Detached, Freehold	21 Nov 2008	£225,000	First Sale
45 CITY WAYSemi-Detached, FreeholdArea: 98.86 Sq.mtrAge: 1930-1949	21 Apr 2011	£282,500	5.41%
	30 Nov 2006	£268,000	First Sale
23 CITY WAYSemi-Detached, FreeholdArea: 119 Sq.mtrAge: 1930-1949	20 Aug 2010	£250,000	-10.55%
	17 Jul 2006	£279,500	First Sale
19 CITY WAYSemi-Detached, Freehold	12 Feb 2009	£220,000	First Sale
47 CITY WAYSemi-Detached, Freehold	29 Jun 2007	£310,000	First Sale
35 CITY WAYTerraced, FreeholdArea: 115 Sq.mtrAge: 1930-1949	29 Sep 2006	£250,000	First Sale
53 CITY WAYSemi-Detached, FreeholdArea: 183 Sq.mtrAge: 1930-1949	31 May 2006	£261,000	96.24%
	06 Jan 2000	£133,000	First Sale
1B CITY WAYSemi-Detached, Freehold	09 Nov 2005	£75,312	-51.72%
1B CITY WAYSemi-Detached, Freehold	17 Aug 2001	£156,000	First Sale
7 CITY WAYSemi-Detached, Freehold	19 Apr 1999	£122,000	First Sale

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

CITY WAY, ME1 2AX Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £169,076 median price is £150,000 Standard Deviation is £99,210 with Total Sold: 855
- The Last 5 Year average price is £306,656 with Total Sold: 135
- The most recent sale happened at this postcode is , 27 WYLES ROAD: £280,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 45 CENTRAL PARK GARDENS: £45,000 (Sold on 03 Feb 1995)
Terraced
- The average price is around £138,881 median price is £130,500 Standard Deviation is £78,609 with Total Sold: 2,774
- The Last 5 Year average price is £258,927 with Total Sold: 423
- The most recent sale happened at this postcode is , 31 THE CHASE: £315,000 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is , 71 HOLCOMBE ROAD: £42,000 (Sold on 03 Jan 1995)
Other
- The average price is around £1,522,083 median price is £362,500 Standard Deviation is £2,997,106 with Total Sold: 12
- The Last 5 Year average price is £1,923,056 with Total Sold: 9
- The most recent sale happened at this postcode is , 37 CENTRAL PARK GARDENS: £300,000 (Sold on 26 Feb 2024)
- The first recorded sale happened at this postcode is , 131 CITY WAY: £425,000 (Sold on 24 Aug 2015)
Flat
- The average price is around £96,942 median price is £99,000 Standard Deviation is £43,803 with Total Sold: 277
- The Last 5 Year average price is £150,900 with Total Sold: 34
- The most recent sale happened at this postcode is , 107B ROCHESTER STREET: £109,000 (Sold on 05 Jan 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 £228,159 median price is £205,000 Standard Deviation is £116,943 with Total Sold: 177
- The Last 5 Year average price is £395,253 with Total Sold: 19
- The most recent sale happened at this postcode is , 37 HOWARD AVENUE: £348,800 (Sold on 24 Nov 2023)
- The first recorded sale happened at this postcode is , 262 CITY WAY: £92,000 (Sold on 06 Jan 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£280,200	£4,326	10
2023	£328,325	£4,400	20
2022	£349,333	£4,327	24
2021	£304,406	£4,124	32
2020	£274,741	£3,415	23
2019	£291,769	£3,326	26
2018	£272,742	£3,258	19
2017	£276,816	£3,448	30
2016	£252,215	£2,966	26
2015	£233,193	£2,754	23
2014	£199,238	£2,348	21
2013	£202,335	£2,187	24
2012	£180,435	£2,212	24
2011	£177,719	£1,991	24
2010	£187,268	£2,130	22
2009	£160,605	£1,846	19
2008	£171,900	£1,993	25
2007	£186,870	£2,387	32
2006	£173,949	£2,044	38
2005	£147,965	£1,896	27
2004	£154,471	£1,944	36
2003	£126,538	£1,644	39
2002	£118,340	£1,546	38
2001	£94,032	£1,120	47
2000	£85,452	£1,029	23
1999	£71,909	£908	34
1998	£59,406	£768	35
1997	£59,606	£708	51
1996	£49,370	£619	47
1995	£50,140	£681	16

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£286,458	£4,014	32
2023	£280,942	£3,579	52
2022	£282,576	£3,797	77
2021	£258,301	£3,248	108
2020	£242,076	£3,104	63
2019	£229,066	£3,021	91
2018	£234,376	£3,009	84
2017	£223,471	£3,030	73
2016	£211,721	£2,772	91
2015	£174,157	£2,329	99
2014	£160,605	£2,120	87
2013	£146,306	£1,841	71
2012	£137,438	£1,874	58
2011	£135,292	£1,784	69
2010	£142,268	£1,791	53
2009	£132,621	£1,762	62
2008	£151,250	£1,781	54
2007	£152,775	£2,011	128
2006	£141,858	£1,851	130
2005	£137,953	£1,819	108
2004	£127,138	£1,651	110
2003	£113,721	£1,488	117
2002	£92,102	£1,149	137
2001	£73,114	£969	150
2000	£64,439	£838	132
1999	£54,511	£701	140
1998	£49,621	£631	107
1997	£46,136	£590	110
1996	£41,425	£514	98
1995	£39,390	£544	83

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£300,000		1
2023	£328,333		3
2022	£4,435,000	£56,859	1
2021	£10,700,000		1
2020	£440,000	£1,767	1
2019	£223,750		2
2018	£235,000	£1,358	1
2017	£297,500	£2,156	1
2015	£425,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£111,000		2
2023	£145,517	£3,420	6
2022	£165,100	£3,551	10
2021	£154,071	£3,661	7
2020	£155,167	£3,404	6
2019	£125,000	£3,015	3
2018	£151,250	£2,888	8
2017	£166,588	£3,494	17
2016	£118,227	£2,683	11
2015	£105,464	£2,312	14
2014	£102,042	£2,208	12
2013	£94,950	£1,866	6
2012	£122,500	£2,394	2
2011	£95,250	£2,280	2
2010	£114,833	£1,586	3
2009	£73,583	£1,211	3
2008	£111,125	£2,482	8
2007	£116,299	£2,654	15
2006	£103,100	£2,254	18
2005	£86,624	£2,732	4
2004	£96,861	£2,078	18
2003	£84,494	£1,889	18
2002	£69,276	£1,486	16
2001	£51,599	£1,132	16
2000	£44,535	£1,048	14
1999	£42,516	£913	9
1998	£40,236	£804	11
1997	£40,921	£745	7
1996	£21,750	£328	4
1995	£35,999	£765	7

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£348,800	£2,683	1
2022	£425,000	£4,323	5
2021	£346,143	£4,233	7
2020	£486,000	£5,786	1
2019	£425,400	£3,463	5
2018	£325,500	£3,359	5
2017	£372,900	£3,494	10
2016	£307,500	£3,562	9
2015	£244,417	£2,692	6
2014	£185,000	£2,052	1
2013	£295,500	£2,322	8
2012	£194,600	£2,177	5
2011	£256,333	£1,957	6
2010	£268,125	£1,813	4
2009	£241,500	£1,862	4
2008	£250,714	£2,065	7
2007	£267,214	£1,905	7
2006	£246,500	£2,338	4
2005	£200,650	£2,192	6
2004	£201,786	£1,854	7
2003	£186,607	£1,812	7
2002	£182,999	£1,816	8
2001	£165,000	£1,631	4
2000	£130,427	£1,310	7
1999	£96,679	£991	7
1998	£121,598	£1,003	5
1997	£109,577	£944	13
1996	£114,269	£842	13
1995	£83,899	£505	5

House Type in ME1 2AX area

The most common house types in the ME1 2AX postcode area are Terraced (70), Semi-detached (47), and Detached (19).

Total	136
Terraced	70
Semi-detached	47
Detached	19
Flat	0
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 with a mortgage or loan (57), and Owned: Owns outright (52).

Owned: Owns with a mortgage or loan	57
Owned: Owns outright	52
Private rented: Private landlord or letting agency	24
Social rented: Other social rented	2
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the ME1 2AX have 2 people in household (45), and 1 person in household (25).

2 people in household	45
1 person in household	25
3 people in household	25
4 people in household	24
5 people in household	13
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0