Housing Market Analysis for CITY WAY, ME1 2BE

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

Overview of Sold House prices

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

Terraced
- The average price is around £401,667 median price is £485,000 Standard Deviation is £128,604 with Total Sold: 3
- The Last 5 Year average price is £485,000 with Total Sold: 1
- The most recent sale happened at this postcode is 133A CITY WAY: £485,000 (Sold on 17 Aug 2021)
- The first recorded sale happened at this postcode is 135 CITY WAY: £220,000 (Sold on 03 May 2011)
Semi-Detached
- The average price is around £210,119 median price is £180,000 Standard Deviation is £97,828 with Total Sold: 21
- The Last 5 Year average price is £379,000 with Total Sold: 1
- The most recent sale happened at this postcode is 135 CITY WAY: £379,000 (Sold on 09 Dec 2020)
- The first recorded sale happened at this postcode is 165A CITY WAY: £67,000 (Sold on 12 Feb 1996)
Detached
- The average price is around £260,750 median price is £243,750 Standard Deviation is £158,769 with Total Sold: 10
- The Last 5 Year average price is £600,000 with Total Sold: 1
- The most recent sale happened at this postcode is 147 CITY WAY: £600,000 (Sold on 05 May 2020)
- The first recorded sale happened at this postcode is 151A CITY WAY: £45,000 (Sold on 26 Nov 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average ME1 2BE 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£485,000	£3,368	1
2016	£500,000	£4,065	1
2011	£220,000	£2,472	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£379,000	£4,258	1
2016	£320,000	£3,955	2
2015	£300,000	£3,448	1
2014	£370,000	£2,624	1
2011	£245,000	£2,893	1
2010	£250,000	£2,874	1
2009	£175,000	£2,401	1
2007	£256,500	£2,401	2
2006	£212,500	£2,091	2
2004	£219,000	£2,517	1
2003	£163,000	£1,631	2
2001	£140,000		1
2000	£125,000		1
1999	£89,000		1
1998	£69,500	£1,037	1
1997	£80,000	£945	1
1996	£67,000	£469	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£600,000	£5,085	1
2007	£367,500		2
2005	£243,750	£1,886	2
2004	£315,000		1
2002	£125,000		1
1998	£175,000		1
1997	£125,000		1
1996	£45,000		1

All the Sales in the CITY WAY, ME1 2BE

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

Address	Sold Date	Price	% Change
133A CITY WAYTerraced, FreeholdArea: 144 Sq.mtrAge: 1930-1949	17 Aug 2021	£485,000	First Sale
135 CITY WAYSemi-Detached, FreeholdArea: 89 Sq.mtrAge: 1930-1949	09 Dec 2020	£379,000	8.29%
	22 Jul 2016	£350,000	59.09%
	03 May 2011	£220,000	First Sale
147 CITY WAYDetached, FreeholdArea: 118 Sq.mtrAge: 1930-1949	05 May 2020	£600,000	169.66%
	11 Nov 2005	£222,500	First Sale
155A CITY WAYTerraced, FreeholdArea: 123 Sq.mtrAge: 1930-1949	16 Dec 2016	£500,000	First Sale
149A CITY WAYSemi-Detached, FreeholdArea: 72.9 Sq.mtrAge: 1930-1949	11 Jan 2016	£290,000	65.71%
	09 Sep 2009	£175,000	0.0
	05 Jul 2007	£175,000	-2.78%
	19 Dec 2006	£180,000	23.29%
	24 Oct 2003	£146,000	First Sale
143 CITY WAYSemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1930-1949	18 Sep 2015	£300,000	20.00%
	15 Oct 2010	£250,000	14.16%
	19 Feb 2004	£219,000	First Sale
165A CITY WAYSemi-Detached, FreeholdArea: 141 Sq.mtrAge: 1930-1949	26 Aug 2014	£370,000	51.02%
	25 Oct 2006	£245,000	36.11%
	21 Mar 2003	£180,000	168.66%
	12 Feb 1996	£67,000	First Sale
167 CITY WAYSemi-Detached, FreeholdArea: 84.7 Sq.mtrAge: 1930-1949	14 Sep 2011	£245,000	206.25%
	14 Oct 1997	£80,000	First Sale
141 CITY WAYDetached, Freehold	07 Dec 2007	£270,000	First Sale
153 CITY WAYDetached, Freehold	24 Jul 2007	£465,000	First Sale
133 CITY WAYSemi-Detached, Freehold	08 May 2007	£338,000	First Sale
145 CITY WAYDetached, Freehold	19 Dec 2005	£265,000	First Sale
161 CITY WAYDetached, Freehold	23 Feb 2004	£315,000	First Sale
151B CITY WAYDetached, Freehold	17 Jul 2002	£125,000	First Sale
151 CITY WAYSemi-Detached, Freehold	11 Apr 2001	£140,000	First Sale
151C CITY WAYSemi-Detached, Freehold	08 Dec 2000	£125,000	First Sale
159 CITY WAYSemi-Detached, Freehold	11 Jun 1999	£89,000	First Sale
147A CITY WAYSemi-Detached, FreeholdArea: 67 Sq.mtrAge: 1930-1949	03 Aug 1998	£69,500	First Sale
165 CITY WAYDetached, Freehold	20 Jul 1998	£175,000	First Sale
151A CITY WAYDetached, Freehold	22 Aug 1997	£125,000	177.78%
151A CITY WAYDetached, Freehold	26 Nov 1996	£45,000	First Sale

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

CITY WAY, ME1 2BE Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £177,404 median price is £157,500 Standard Deviation is £99,188 with Total Sold: 1,005
- The Last 5 Year average price is £323,711 with Total Sold: 161
- The most recent sale happened at this postcode is , 48 GERRARD AVENUE: £350,000 (Sold on 21 Aug 2024)
- The first recorded sale happened at this postcode is , 6 BLAKER AVENUE: £58,000 (Sold on 18 Jan 1995)
Detached
- The average price is around £256,963 median price is £250,000 Standard Deviation is £124,899 with Total Sold: 428
- The Last 5 Year average price is £437,803 with Total Sold: 51
- The most recent sale happened at this postcode is , 293 WILSON AVENUE: £385,000 (Sold on 13 Jun 2024)
- The first recorded sale happened at this postcode is , 39A WALLACE ROAD: £96,000 (Sold on 03 Jan 1995)
Terraced
- The average price is around £164,444 median price is £152,000 Standard Deviation is £88,041 with Total Sold: 1,051
- The Last 5 Year average price is £292,420 with Total Sold: 149
- The most recent sale happened at this postcode is , 128 ST WILLIAMS WAY: £300,000 (Sold on 13 Jun 2024)
- The first recorded sale happened at this postcode is , 18 GRAFTON AVENUE: £56,000 (Sold on 26 Jan 1995)
Flat
- The average price is around £109,951 median price is £105,000 Standard Deviation is £55,909 with Total Sold: 129
- The Last 5 Year average price is £150,110 with Total Sold: 25
- The most recent sale happened at this postcode is FLAT 7, RICHARD HOWE HOUSE PALM DRIVE: £83,250 (Sold on 26 Mar 2024)
- The first recorded sale happened at this postcode is , 63 ARETHUSA ROAD: £30,000 (Sold on 21 Nov 1995)
Other
- The average price is around £993,154 median price is £109,000 Standard Deviation is £2,806,232 with Total Sold: 13
- The Last 5 Year average price is £1,340,444 with Total Sold: 9
- The most recent sale happened at this postcode is , 110 PATTENS LANE: £255,000 (Sold on 26 Jun 2023)
- The first recorded sale happened at this postcode is , 70A THE FAIRWAY: £105,000 (Sold on 03 Jul 2015)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£345,708	£3,879	12
2023	£362,953	£4,258	32
2022	£340,278	£4,103	27
2021	£306,329	£3,788	38
2020	£315,250	£3,479	22
2019	£286,367	£3,427	30
2018	£303,442	£3,618	26
2017	£276,790	£3,422	21
2016	£253,984	£3,165	32
2015	£228,723	£2,770	39
2014	£222,140	£2,319	32
2013	£181,000	£2,150	25
2012	£170,093	£2,041	27
2011	£176,046	£2,071	27
2010	£175,500	£2,290	26
2009	£154,026	£1,895	19
2008	£172,134	£2,107	19
2007	£195,514	£2,256	47
2006	£169,387	£1,956	50
2005	£169,196	£2,076	28
2004	£163,591	£1,851	55
2003	£144,314	£1,715	35
2002	£120,402	£1,345	36
2001	£105,593	£1,256	56
2000	£86,967	£1,013	38
1999	£77,530	£843	52
1998	£69,423	£698	35
1997	£62,192	£680	52
1996	£59,582	£668	42
1995	£59,596	£696	25

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£353,750		4
2023	£510,357	£4,694	7
2022	£424,778	£5,116	9
2021	£432,304	£4,341	18
2020	£467,333	£4,400	6
2019	£418,857	£3,429	7
2018	£349,550	£4,308	10
2017	£380,763	£4,131	19
2016	£359,667	£4,061	12
2015	£299,250	£3,083	8
2014	£324,073	£2,903	13
2013	£270,812	£2,680	16
2012	£272,454	£2,588	11
2011	£261,533	£2,727	15
2010	£254,611	£2,242	9
2009	£211,363	£2,503	11
2008	£270,357	£2,249	11
2007	£315,875	£2,255	16
2006	£256,925	£2,470	20
2005	£282,584	£2,209	13
2004	£246,543	£2,085	23
2003	£259,048	£2,110	26
2002	£254,423	£1,790	26
2001	£171,357	£1,661	7
2000	£155,392	£1,450	14
1999	£119,277	£1,171	24
1998	£136,835	£1,357	18
1997	£108,225	£919	20
1996	£101,530	£819	25
1995	£86,550	£714	10

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£279,909	£3,320	11
2023	£324,556	£4,005	18
2022	£353,393	£4,118	28
2021	£291,242	£3,518	34
2020	£253,045	£3,465	20
2019	£257,670	£3,427	38
2018	£276,698	£3,494	24
2017	£252,439	£3,212	41
2016	£255,861	£3,031	29
2015	£206,145	£2,751	34
2014	£196,750	£2,366	42
2013	£161,430	£1,962	36
2012	£169,134	£2,126	25
2011	£162,257	£1,998	37
2010	£160,742	£2,042	31
2009	£166,166	£2,002	30
2008	£173,146	£1,996	30
2007	£176,282	£2,112	46
2006	£163,164	£2,038	54
2005	£157,417	£1,877	41
2004	£142,816	£1,855	48
2003	£142,631	£1,728	42
2002	£108,696	£1,268	43
2001	£90,110	£1,150	45
2000	£74,339	£918	41
1999	£64,911	£822	45
1998	£58,699	£783	47
1997	£55,177	£673	29
1996	£51,905	£602	37
1995	£46,958	£633	25

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£83,250		1
2023	£105,333	£2,288	3
2022	£180,429	£3,247	7
2021	£144,000	£2,905	5
2020	£152,167	£3,158	6
2019	£152,500	£2,345	3
2018	£172,500	£2,484	2
2017	£175,269	£3,542	13
2016	£141,667	£1,962	3
2015	£101,542	£2,108	6
2014	£95,889	£2,021	9
2013	£102,250	£1,938	2
2012	£119,667	£2,088	3
2008	£118,400	£2,440	5
2007	£166,125	£2,358	4
2006	£111,923	£2,613	13
2005	£89,590	£2,126	5
2004	£62,500	£1,218	2
2003	£112,667	£1,700	6
2002	£64,686	£1,527	8
2001	£57,000	£1,146	3
2000	£37,119	£777	8
1999	£38,198	£751	5
1998	£34,667	£630	3
1997	£26,875	£560	2
1996	£22,000	£475	1
1995	£30,000		1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£161,250		2
2022	£189,250	£2,310	2
2021	£5,358,000		2
2020	£269,000	£1,428	2
2019	£109,000	£1,677	1
2018	£15,000	£174	1
2017	£302,000		1
2015	£265,000	£1,361	2

House Type in ME1 2BE area

The most common house types in the ME1 2BE postcode area are Terraced (67), Semi-detached (41), and Detached (34).

Total	146
Terraced	67
Semi-detached	41
Detached	34
Flat	4
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 (71), and Owned: Owns with a mortgage or loan (55).

Owned: Owns outright	71
Owned: Owns with a mortgage or loan	55
Private rented: Private landlord or letting agency	17
Shared ownership: Shared ownership	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the ME1 2BE have 2 people in household (50), and 1 person in household (34).

2 people in household	50
1 person in household	34
3 people in household	27
4 people in household	18
5 people in household	11
8 or more people in household	3
6 people in household	2
0 people in household	0
7 people in household	0