Housing Market Analysis for CITY WAY, ME1 2BG

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £307,554 median price is £271,000 Standard Deviation is £168,525 with Total Sold: 8
    • The Last 5 Year average price is £572,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 179 CITY WAY: £535,000 (Sold on 15 Mar 2021)
    • The first recorded sale happened at this postcode is 171 CITY WAY: £80,000 (Sold on 11 Sep 1995)
  • Semi-Detached
    • The average price is around £117,000 median price is £117,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 181 CITY WAY: £117,000 (Sold on 23 Jul 1999)
    • The first recorded sale happened at this postcode is 181 CITY WAY: £117,000 (Sold on 23 Jul 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average ME1 2BG 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£572,500 £4,040 2
2013£317,000 £3,776 1
2012£249,999 £2,978 1
2008£181,4311
2005£195,000 £2,323 1
2003£292,0001
1995£80,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1999£117,0001

All the Sales in the CITY WAY, ME1 2BG

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

AddressSold DatePrice% Change
179 CITY WAYDetached, FreeholdArea: 115 Sq.mtrAge: 1930-194915 Mar 2021£535,000First Sale
183 CITY WAYDetached, FreeholdArea: 178 Sq.mtrAge: 1983-199012 Mar 2021£610,000First Sale
189A CITY WAYDetached, FreeholdArea: 83.96 Sq.mtrAge: 1967-197520 Feb 2013£317,00026.80%
29 Feb 2012£249,99928.20%
22 Dec 2005£195,000First Sale
185 CITY WAYDetached, Freehold09 Dec 2008£181,431First Sale
177 CITY WAYDetached, Freehold23 Jul 2003£292,000First Sale
181 CITY WAYSemi-Detached, Freehold23 Jul 1999£117,000First Sale
171 CITY WAYDetached, Freehold11 Sep 1995£80,000First Sale

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

CITY WAY, ME1 2BG Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £182,620 median price is £165,000 Standard Deviation is £103,171 with Total Sold: 931
    • The Last 5 Year average price is £330,845 with Total Sold: 148
    • 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)
  • Terraced
    • The average price is around £170,958 median price is £160,000 Standard Deviation is £91,446 with Total Sold: 885
    • The Last 5 Year average price is £296,594 with Total Sold: 135
    • The most recent sale happened at this postcode is , 111 ARETHUSA ROAD: £214,661 (Sold on 23 Jul 2024)
    • The first recorded sale happened at this postcode is , 18 GRAFTON AVENUE: £56,000 (Sold on 26 Jan 1995)
  • Detached
    • The average price is around £279,718 median price is £267,500 Standard Deviation is £140,634 with Total Sold: 508
    • The Last 5 Year average price is £477,718 with Total Sold: 71
    • 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)
  • Flat
    • The average price is around £109,723 median price is £105,000 Standard Deviation is £55,747 with Total Sold: 133
    • The Last 5 Year average price is £151,452 with Total Sold: 26
    • 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 £1,066,667 median price is £180,000 Standard Deviation is £2,908,425 with Total Sold: 12
    • The Last 5 Year average price is £1,494,125 with Total Sold: 8
    • The most recent sale happened at this postcode is , 17 ARGYLE CLOSE: £410,000 (Sold on 01 Mar 2024)
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£350,350 £4,169 10
2023£376,466 £4,281 29
2022£347,452 £4,180 21
2021£307,386 £3,790 35
2020£329,923 £3,646 26
2019£293,000 £3,515 27
2018£308,560 £3,669 25
2017£309,335 £3,543 24
2016£253,481 £3,232 26
2015£226,834 £2,867 32
2014£226,621 £2,430 33
2013£190,769 £2,233 26
2012£177,219 £2,129 21
2011£186,000 £2,086 22
2010£176,215 £2,391 20
2009£154,523 £1,941 22
2008£185,155 £2,171 18
2007£202,795 £2,291 48
2006£178,472 £2,030 43
2005£169,826 £1,999 26
2004£172,951 £1,879 50
2003£157,074 £1,812 33
2002£123,191 £1,456 31
2001£109,792 £1,302 47
2000£93,964 £1,098 39
1999£77,873 £879 46
1998£69,001 £752 35
1997£64,861 £718 47
1996£61,338 £669 44
1995£60,596 £682 25
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£272,333 £2,744 8
2023£331,474 £3,809 19
2022£360,792 £4,057 24
2021£285,318 £3,381 33
2020£257,500 £3,419 14
2019£267,135 £3,328 37
2018£269,648 £3,244 27
2017£271,094 £3,118 32
2016£259,123 £2,973 28
2015£206,482 £2,589 29
2014£195,411 £2,320 34
2013£163,233 £1,947 30
2012£171,750 £2,140 21
2011£179,380 £1,976 25
2010£164,029 £2,006 28
2009£164,852 £1,946 27
2008£185,932 £1,986 22
2007£181,828 £2,008 35
2006£168,206 £1,992 43
2005£161,365 £1,827 37
2004£144,146 £1,805 41
2003£143,473 £1,681 38
2002£117,982 £1,314 32
2001£89,240 £1,130 42
2000£76,131 £906 30
1999£66,449 £818 32
1998£63,182 £773 38
1997£53,297 £679 24
1996£52,514 £570 29
1995£47,159 £669 26
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£398,000 £3,467 6
2023£539,318 £4,842 11
2022£448,308 £5,261 13
2021£473,875 £4,365 24
2020£486,500 £4,219 11
2019£507,500 £3,648 6
2018£398,228 £4,419 11
2017£394,969 £4,233 16
2016£377,784 £3,705 16
2015£336,864 £2,977 11
2014£327,219 £2,964 18
2013£287,119 £2,575 21
2012£277,735 £2,588 17
2011£253,867 £2,795 15
2010£247,818 £2,548 11
2009£206,416 £2,665 12
2008£278,638 £2,143 14
2007£344,350 £2,236 20
2006£272,411 £2,517 28
2005£297,113 £2,143 15
2004£287,201 £2,148 32
2003£264,901 £2,071 28
2002£257,871 £1,844 28
2001£169,818 £1,517 11
2000£157,115 £1,451 13
1999£123,246 £1,100 30
1998£151,573 £1,403 21
1997£103,667 £937 15
1996£90,511 £730 22
1995£86,608 £647 12
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£83,2501
2023£105,333 £2,288 3
2022£181,000 £3,214 8
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£172,393 £3,439 14
2016£141,667 £1,962 3
2015£101,542 £2,108 6
2014£98,800 £2,033 10
2013£102,250 £1,938 2
2012£99,000 £2,285 2
2009£92,5001
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£37,332 £751 6
1998£34,667 £630 3
1997£26,875 £560 2
1996£22,000 £475 1
1995£30,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£410,000 £4,713 1
2023£161,2502
2022£372,500 £4,543 1
2021£5,358,0002
2020£66,000 £1,089 2
2018£15,000 £174 1
2017£302,0001
2015£265,000 £1,361 2

House Type in ME1 2BG area

The most common house types in the ME1 2BG postcode area are Detached (101), Terraced (32), and Flat (26).

Total170
Detached101
Terraced32
Flat26
Semi-detached11
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (61), and Owned: Owns with a mortgage or loan (54).

Owned: Owns outright61
Owned: Owns with a mortgage or loan54
Social rented: Other social rented21
Shared ownership: Shared ownership18
Private rented: Private landlord or letting agency10
Social rented: Rents from council or Local Authority1
Does not apply0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the ME1 2BG have 2 people in household (62), and 4 people in household (34).

2 people in household62
4 people in household34
1 person in household30
3 people in household30
5 people in household10
6 people in household4
0 people in household0
7 people in household0
8 or more people in household0