Housing Market Analysis for CITY WAY, ME1 2BL

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

Overview of Sold House prices

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

Terraced
- The average price is around £220,434 median price is £230,750 Standard Deviation is £107,772 with Total Sold: 16
- The Last 5 Year average price is £366,667 with Total Sold: 3
- The most recent sale happened at this postcode is 296 CITY WAY: £345,000 (Sold on 14 Apr 2022)
- The first recorded sale happened at this postcode is 308 CITY WAY: £65,250 (Sold on 09 Dec 1996)
Semi-Detached
- The average price is around £249,500 median price is £285,000 Standard Deviation is £109,228 with Total Sold: 4
- The most recent sale happened at this postcode is 316 CITY WAY: £360,000 (Sold on 31 May 2016)
- The first recorded sale happened at this postcode is 318 CITY WAY: £68,000 (Sold on 26 Apr 1996)
Detached
- The average price is around £119,000 median price is £119,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 278 CITY WAY: £119,000 (Sold on 04 Sep 1998)
- The first recorded sale happened at this postcode is 278 CITY WAY: £119,000 (Sold on 04 Sep 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average ME1 2BL 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
2022	£385,000	£3,688	2
2020	£330,000	£3,837	1
2018	£340,000	£4,198	1
2015	£258,000	£3,000	1
2014	£275,000	£2,678	1
2013	£215,000	£1,990	2
2011	£220,000	£2,789	1
2008	£241,500		1
2007	£216,000		1
2003	£110,000		1
2001	£124,950		1
1999	£70,250		1
1997	£76,000	£608	1
1996	£65,250	£635	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2016	£360,000	£4,444	1
2015	£280,000	£3,457	1
2011	£290,000	£2,748	1
1996	£68,000	£872	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
1998	£119,000	£895	1

All the Sales in the CITY WAY, ME1 2BL

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

Address	Sold Date	Price	% Change
296 CITY WAYTerraced, FreeholdArea: 88 Sq.mtrAge: 1950-1966	14 Apr 2022	£345,000	130.00%
296 CITY WAYTerraced, FreeholdArea: 88 Sq.mtrAge: 1950-1966	08 Jan 2013	£150,000	First Sale
310 CITY WAYTerraced, FreeholdArea: 123 Sq.mtrAge: 1930-1949	31 Mar 2022	£425,000	51.79%
	04 Oct 2013	£280,000	268.42%
	11 Dec 1997	£76,000	First Sale
312 CITY WAYTerraced, FreeholdArea: 86 Sq.mtrAge: 1930-1949	04 Aug 2020	£330,000	First Sale
294 CITY WAYTerraced, FreeholdArea: 81 Sq.mtrAge: 1930-1949	05 Oct 2018	£340,000	First Sale
316 CITY WAYSemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1930-1949	31 May 2016	£360,000	28.57%
	19 Jun 2015	£280,000	First Sale
290 CITY WAYTerraced, FreeholdArea: 86 Sq.mtrAge: 1930-1949	18 Nov 2015	£258,000	First Sale
308 CITY WAYTerraced, FreeholdArea: 102.7 Sq.mtrAge: 1930-1949	22 Jul 2014	£275,000	321.46%
	09 Dec 1996	£65,250	First Sale
284 CITY WAYTerraced, FreeholdArea: 78.88 Sq.mtrAge: 1930-1949	07 Oct 2011	£220,000	First Sale
304 CITY WAYSemi-Detached, FreeholdArea: 105.52 Sq.mtrAge: 1930-1949	25 Feb 2011	£290,000	First Sale
292 CITY WAYTerraced, Freehold	02 May 2008	£241,500	First Sale
286 CITY WAYTerraced, Freehold	25 May 2007	£216,000	72.87%
	16 Nov 2001	£124,950	77.86%
	15 Jan 1999	£70,250	First Sale
300 CITY WAYTerraced, Freehold	25 Mar 2003	£110,000	First Sale
278 CITY WAYDetached, FreeholdArea: 133 Sq.mtrAge: 1930-1949	04 Sep 1998	£119,000	First Sale
318 CITY WAYSemi-Detached, FreeholdArea: 78 Sq.mtrAge: 1930-1949	26 Apr 1996	£68,000	First Sale

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

CITY WAY, ME1 2BL Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £176,038 median price is £155,000 Standard Deviation is £98,431 with Total Sold: 1,024
- The Last 5 Year average price is £314,806 with Total Sold: 167
- 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 £145,644 median price is £137,500 Standard Deviation is £81,107 with Total Sold: 1,886
- The Last 5 Year average price is £268,271 with Total Sold: 280
- 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 , 315 DALE STREET: £24,500 (Sold on 06 Jan 1995)
Detached
- The average price is around £244,246 median price is £235,000 Standard Deviation is £121,328 with Total Sold: 254
- The Last 5 Year average price is £417,064 with Total Sold: 23
- 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 , 262 CITY WAY: £92,000 (Sold on 06 Jan 1995)
Other
- The average price is around £1,233,250 median price is £203,250 Standard Deviation is £3,159,855 with Total Sold: 10
- The Last 5 Year average price is £1,656,429 with Total Sold: 7
- 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 £97,444 median price is £99,000 Standard Deviation is £45,644 with Total Sold: 199
- The Last 5 Year average price is £163,300 with Total Sold: 22
- The most recent sale happened at this postcode is , 2 CENTRAL PARADE: £167,000 (Sold on 22 Aug 2023)
- The first recorded sale happened at this postcode is FLAT 62, CHARLESWORTH HOUSE BALFOUR ROAD: £49,000 (Sold on 10 Apr 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£314,577	£4,093	13
2023	£346,340	£4,386	25
2022	£336,765	£4,182	34
2021	£304,538	£3,928	40
2020	£295,310	£3,412	26
2019	£293,621	£3,377	29
2018	£286,500	£3,542	24
2017	£271,777	£3,384	29
2016	£253,665	£3,107	37
2015	£225,576	£2,730	39
2014	£201,741	£2,345	29
2013	£197,200	£2,181	30
2012	£179,464	£2,110	29
2011	£177,695	£2,073	32
2010	£185,077	£2,183	26
2009	£156,000	£1,862	23
2008	£181,377	£2,261	24
2007	£188,549	£2,186	43
2006	£177,406	£1,995	50
2005	£159,291	£2,173	26
2004	£154,734	£1,881	51
2003	£130,402	£1,697	41
2002	£121,874	£1,471	40
2001	£96,364	£1,217	52
2000	£84,425	£1,004	37
1999	£71,110	£837	48
1998	£61,054	£793	35
1997	£61,045	£699	53
1996	£54,207	£661	41
1995	£53,608	£733	18

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£274,622	£3,876	30
2023	£294,879	£3,732	33
2022	£289,958	£3,916	48
2021	£276,062	£3,434	60
2020	£244,898	£3,168	46
2019	£244,431	£3,231	63
2018	£244,586	£3,176	56
2017	£232,823	£3,207	51
2016	£224,271	£2,829	67
2015	£190,413	£2,592	60
2014	£173,059	£2,232	56
2013	£147,745	£1,895	51
2012	£140,841	£1,894	41
2011	£143,567	£1,877	47
2010	£151,305	£1,912	41
2009	£147,204	£1,889	44
2008	£154,039	£1,897	36
2007	£160,015	£2,117	89
2006	£150,286	£1,924	89
2005	£144,166	£1,911	67
2004	£137,469	£1,786	79
2003	£119,459	£1,590	81
2002	£98,681	£1,194	87
2001	£78,868	£1,054	110
2000	£68,852	£898	86
1999	£58,226	£754	96
1998	£52,879	£693	81
1997	£49,899	£646	77
1996	£41,984	£508	68
1995	£43,662	£611	46

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£385,000		1
2022	£444,000	£4,324	5
2021	£377,448	£4,089	10
2020	£543,000	£5,435	2
2019	£425,400	£3,463	5
2018	£337,500	£3,807	5
2017	£374,154	£4,021	13
2016	£323,812	£3,975	8
2015	£271,300	£2,846	5
2014	£245,000	£2,537	3
2013	£272,636	£2,480	11
2012	£241,000	£2,275	7
2011	£249,750	£2,453	8
2010	£239,750	£1,933	6
2009	£241,500	£1,862	4
2008	£261,000	£2,255	9
2007	£291,038	£2,089	13
2006	£259,350	£2,420	10
2005	£250,610	£2,141	10
2004	£240,409	£1,920	11
2003	£276,890	£2,245	16
2002	£266,400	£1,769	20
2001	£165,000	£1,631	4
2000	£128,443	£1,471	9
1999	£101,741	£1,035	11
1998	£136,110	£1,287	14
1997	£109,933	£944	15
1996	£110,143	£871	14
1995	£91,499	£698	5

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£300,000		1
2023	£30,000		1
2022	£6,000	£77	1
2021	£10,700,000		1
2020	£440,000	£1,767	1
2019	£59,500	£1,677	2
2018	£15,000	£174	1
2017	£297,500	£2,156	1
2015	£425,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£155,775	£3,560	4
2022	£172,167	£3,617	6
2021	£170,700	£3,661	5
2020	£159,600	£3,168	5
2019	£142,500	£3,522	2
2018	£151,600	£3,028	5
2017	£164,500	£3,577	16
2016	£124,667	£2,497	6
2015	£107,917	£2,477	12
2014	£101,227	£2,266	11
2013	£90,940	£2,010	5
2012	£122,500	£2,394	2
2011	£95,250	£2,280	2
2010	£86,000		1
2009	£64,375	£1,211	2
2008	£117,000	£2,576	5
2007	£116,499	£2,628	9
2006	£107,144	£2,277	9
2005	£104,495	£2,795	1
2004	£101,300	£2,294	10
2003	£84,249	£1,956	12
2002	£69,276	£1,486	16
2001	£52,832	£1,173	9
2000	£46,227	£1,069	11
1999	£42,516	£913	9
1998	£40,236	£804	11
1997	£40,921	£745	7
1996	£22,000	£475	1
1995	£38,999	£913	5

House Type in ME1 2BL area

The most common house types in the ME1 2BL postcode area are Semi-detached (47), Terraced (38), and Detached (29).

Total	114
Semi-detached	47
Terraced	38
Detached	29
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 (55), and Owned: Owns outright (51).

Owned: Owns with a mortgage or loan	55
Owned: Owns outright	51
Private rented: Private landlord or letting agency	9
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the ME1 2BL have 2 people in household (43), and 4 people in household (26).

2 people in household	43
4 people in household	26
1 person in household	21
3 people in household	13
5 people in household	11
6 people in household	2
7 people in household	1
0 people in household	0
8 or more people in household	0