Housing Market Analysis for CITY WAY, ME1 2BN

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £264,875 median price is £299,250 Standard Deviation is £94,651 with Total Sold: 20
- The Last 5 Year average price is £386,500 with Total Sold: 2
- The most recent sale happened at this postcode is 236 CITY WAY: £423,000 (Sold on 17 Sep 2020)
- The first recorded sale happened at this postcode is 238 CITY WAY: £89,000 (Sold on 28 Aug 1996)
Detached
- The average price is around £257,250 median price is £237,500 Standard Deviation is £137,746 with Total Sold: 12
- The most recent sale happened at this postcode is 260 CITY WAY: £535,000 (Sold on 02 Nov 2017)
- The first recorded sale happened at this postcode is 262 CITY WAY: £92,000 (Sold on 06 Jan 1995)
Terraced
- The average price is around £275,000 median price is £275,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 240 CITY WAY: £275,000 (Sold on 30 Nov 2007)
- The first recorded sale happened at this postcode is 240 CITY WAY: £275,000 (Sold on 30 Nov 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average ME1 2BN 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
2020	£423,000	£2,431	1
2019	£350,000	£3,125	1
2018	£330,000	£3,474	1
2016	£415,000	£3,242	1
2015	£325,000	£2,500	1
2013	£290,000	£2,109	2
2012	£315,000	£2,497	1
2010	£306,000	£2,302	1
2008	£302,750	£2,179	2
2006	£247,000	£2,600	2
2005	£317,000	£2,513	1
2002	£196,000	£1,750	1
2001	£152,000	£1,169	1
2000	£147,000	£835	2
1997	£106,000		1
1996	£89,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£535,000	£3,092	1
2013	£369,000	£2,073	2
2011	£293,000	£1,684	1
2008	£297,000		1
2007	£405,000		1
1999	£170,000	£934	1
1998	£182,000	£1,005	1
1997	£129,000		2
1996	£117,000		1
1995	£92,000	£505	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2007	£275,000		1

All the Sales in the CITY WAY, ME1 2BN

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

Address	Sold Date	Price	% Change
236 CITY WAYSemi-Detached, FreeholdArea: 174 Sq.mtrAge: 1930-1949	17 Sep 2020	£423,000	First Sale
220 CITY WAYSemi-Detached, FreeholdArea: 112 Sq.mtrAge: 1950-1966	15 Feb 2019	£350,000	78.57%
	06 Jun 2002	£196,000	First Sale
224 CITY WAYSemi-Detached, FreeholdArea: 95 Sq.mtrAge: 1930-1949	24 Jan 2018	£330,000	First Sale
260 CITY WAYDetached, FreeholdArea: 173 Sq.mtrAge: 1930-1949	02 Nov 2017	£535,000	First Sale
210 CITY WAYSemi-Detached, FreeholdArea: 128 Sq.mtrAge: 1930-1949	20 Oct 2016	£415,000	41.88%
	27 Jun 2008	£292,500	First Sale
214 CITY WAYSemi-Detached, FreeholdArea: 130 Sq.mtrAge: 1930-1949	07 Apr 2015	£325,000	First Sale
254 CITY WAYDetached, FreeholdArea: 174 Sq.mtrAge: 1930-1949	25 Nov 2013	£308,000	5.12%
	09 Aug 2011	£293,000	First Sale
218 CITY WAYSemi-Detached, FreeholdArea: 147 Sq.mtrAge: 1930-1949	31 Jul 2013	£310,000	131.34%
	18 Aug 2000	£134,000	First Sale
232 CITY WAYDetached, FreeholdArea: 181.06 Sq.mtrAge: 1930-1949	31 Jul 2013	£430,000	136.26%
	09 Jul 1998	£182,000	First Sale
240 CITY WAYSemi-Detached, Freehold	21 Jun 2013	£270,000	-1.82%
240 CITY WAYSemi-Detached, Freehold	30 Nov 2007	£275,000	First Sale
234 CITY WAYSemi-Detached, FreeholdArea: 126.16 Sq.mtrAge: 1930-1949	08 Aug 2012	£315,000	-0.63%
	11 Oct 2005	£317,000	First Sale
242 CITY WAYSemi-Detached, FreeholdArea: 132.93 Sq.mtrAge: 1930-1949	10 Dec 2010	£306,000	First Sale
206 CITY WAYDetached, Freehold	19 May 2008	£297,000	First Sale
226 CITY WAYSemi-Detached, FreeholdArea: 151 Sq.mtrAge: 1930-1949	08 Jan 2008	£313,000	First Sale
230 CITY WAYDetached, Freehold	06 Sep 2007	£405,000	First Sale
244 CITY WAYSemi-Detached, FreeholdArea: 95 Sq.mtrAge: 1930-1949	17 Nov 2006	£279,000	29.77%
	26 May 2006	£215,000	First Sale
216 CITY WAYSemi-Detached, FreeholdArea: 130 Sq.mtrAge: 1930-1949	01 May 2001	£152,000	First Sale
204 CITY WAYSemi-Detached, FreeholdArea: 211 Sq.mtrAge: 1930-1949	01 Dec 2000	£160,000	First Sale
262 CITY WAYDetached, FreeholdArea: 182 Sq.mtrAge: 1930-1949	11 Jan 1999	£170,000	84.78%
	06 Jan 1995	£92,000	First Sale
250 CITY WAYDetached, Freehold	09 Oct 1997	£117,000	First Sale
212 CITY WAYSemi-Detached, Freehold	06 Jun 1997	£106,000	First Sale
258 CITY WAYDetached, Freehold	21 Apr 1997	£141,000	20.51%
258 CITY WAYDetached, Freehold	21 Mar 1996	£117,000	First Sale
238 CITY WAYSemi-Detached, Freehold	28 Aug 1996	£89,000	First Sale

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

CITY WAY, ME1 2BN Near By properties

Interactive Map

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

Terraced
- The average price is around £139,763 median price is £132,000 Standard Deviation is £79,114 with Total Sold: 2,644
- The Last 5 Year average price is £262,804 with Total Sold: 399
- 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)
Semi-Detached
- The average price is around £168,731 median price is £150,000 Standard Deviation is £99,465 with Total Sold: 872
- The Last 5 Year average price is £308,359 with Total Sold: 138
- 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 , 45 CENTRAL PARK GARDENS: £45,000 (Sold on 03 Feb 1995)
Other
- The average price is around £1,897,222 median price is £425,000 Standard Deviation is £3,374,896 with Total Sold: 9
- The Last 5 Year average price is £2,336,071 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)
Detached
- The average price is around £229,406 median price is £205,000 Standard Deviation is £118,191 with Total Sold: 173
- The Last 5 Year average price is £392,990 with Total Sold: 20
- 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)
Flat
- The average price is around £95,430 median price is £94,400 Standard Deviation is £44,212 with Total Sold: 244
- The Last 5 Year average price is £159,468 with Total Sold: 28
- 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 , 49 ONSLOW ROAD: £34,000 (Sold on 13 Jan 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£286,323	£4,014	33
2023	£288,429	£3,733	49
2022	£282,414	£3,794	78
2021	£259,177	£3,291	99
2020	£247,574	£3,210	58
2019	£234,525	£3,126	82
2018	£236,180	£3,062	81
2017	£228,970	£3,173	66
2016	£212,386	£2,836	82
2015	£179,231	£2,414	88
2014	£161,582	£2,138	86
2013	£147,208	£1,866	73
2012	£139,132	£1,913	56
2011	£135,885	£1,782	68
2010	£141,324	£1,812	50
2009	£136,289	£1,792	57
2008	£150,077	£1,825	52
2007	£153,244	£2,021	130
2006	£141,935	£1,877	122
2005	£137,945	£1,828	103
2004	£127,853	£1,690	104
2003	£114,629	£1,514	111
2002	£92,097	£1,157	134
2001	£73,941	£990	142
2000	£64,389	£846	124
1999	£55,313	£717	135
1998	£50,439	£641	103
1997	£46,736	£603	106
1996	£41,344	£522	93
1995	£40,223	£559	79

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£280,222	£4,326	9
2023	£330,977	£4,377	22
2022	£349,333	£4,327	24
2021	£306,091	£4,126	33
2020	£278,294	£3,477	24
2019	£291,769	£3,326	26
2018	£272,105	£3,287	20
2017	£276,816	£3,448	30
2016	£252,215	£2,966	26
2015	£234,519	£2,750	24
2014	£198,955	£2,331	22
2013	£200,902	£2,200	25
2012	£178,418	£2,188	25
2011	£176,554	£2,030	23
2010	£189,541	£2,157	22
2009	£155,310	£1,807	21
2008	£168,780	£2,043	25
2007	£188,866	£2,387	31
2006	£169,963	£2,024	38
2005	£148,521	£1,887	27
2004	£153,458	£1,920	37
2003	£126,074	£1,652	40
2002	£121,052	£1,574	37
2001	£93,635	£1,120	48
2000	£87,061	£1,016	23
1999	£70,037	£871	36
1998	£59,685	£777	35
1997	£59,319	£713	53
1996	£49,399	£623	48
1995	£51,650	£721	18

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£300,000		1
2023	£30,000		1
2022	£4,435,000	£56,859	1
2021	£10,700,000		1
2020	£440,000	£1,767	1
2019	£223,750		2
2017	£297,500	£2,156	1
2015	£425,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£348,800	£2,683	1
2022	£412,500	£4,461	6
2021	£346,143	£4,233	7
2020	£486,000	£5,786	1
2019	£425,400	£3,463	5
2018	£351,875	£3,800	4
2017	£372,900	£3,494	10
2016	£310,938	£3,570	8
2015	£271,300	£2,846	5
2014	£185,000	£2,052	1
2013	£302,000	£2,363	7
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	£262,500	£2,255	6
2007	£267,214	£1,905	7
2006	£246,500	£2,338	4
2005	£200,650	£2,192	6
2004	£195,688	£1,920	8
2003	£186,607	£1,812	7
2002	£186,285	£1,779	7
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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£145,517	£3,420	6
2022	£170,688	£3,547	8
2021	£168,417	£3,661	6
2020	£155,167	£3,404	6
2019	£142,500	£3,522	2
2018	£151,600	£3,028	5
2017	£164,500	£3,577	16
2016	£117,875	£2,386	8
2015	£105,423	£2,398	13
2014	£102,042	£2,208	12
2013	£90,940	£2,010	5
2012	£122,500	£2,394	2
2011	£95,250	£2,280	2
2010	£100,750	£1,627	2
2009	£73,583	£1,211	3
2008	£113,000	£2,475	7
2007	£118,045	£2,569	11
2006	£104,138	£2,376	13
2005	£86,624	£2,732	4
2004	£98,900	£2,194	15
2003	£81,846	£1,927	17
2002	£69,276	£1,486	16
2001	£51,599	£1,132	16
2000	£44,230	£1,099	13
1999	£42,516	£913	9
1998	£40,236	£804	11
1997	£40,921	£745	7
1996	£21,000	£413	2
1995	£35,999	£765	7

House Type in ME1 2BN area

The most common house types in the ME1 2BN postcode area are Semi-detached (54), Terraced (51), and Detached (10).

Total	115
Semi-detached	54
Terraced	51
Detached	10
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 outright (55), and Owned: Owns with a mortgage or loan (47).

Owned: Owns outright	55
Owned: Owns with a mortgage or loan	47
Private rented: Private landlord or letting agency	11
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 2BN have 2 people in household (36), and 3 people in household (27).

2 people in household	36
3 people in household	27
1 person in household	19
4 people in household	17
5 people in household	12
6 people in household	2
7 people in household	1
0 people in household	0
8 or more people in household	0