Housing Market Analysis for CITY WAY, ME1 2BQ

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £194,150 median price is £175,000 Standard Deviation is £102,107 with Total Sold: 20
    • The Last 5 Year average price is £351,250 with Total Sold: 4
    • The most recent sale happened at this postcode is 366 CITY WAY: £380,000 (Sold on 31 Mar 2023)
    • The first recorded sale happened at this postcode is 406 CITY WAY: £65,000 (Sold on 31 May 1995)
  • Semi-Detached
    • The average price is around £252,500 median price is £245,000 Standard Deviation is £49,687 with Total Sold: 4
    • The most recent sale happened at this postcode is 376 CITY WAY: £280,000 (Sold on 25 Feb 2011)
    • The first recorded sale happened at this postcode is 368 CITY WAY: £200,000 (Sold on 23 May 2006)
  • Detached
    • The average price is around £249,000 median price is £249,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 364 CITY WAY: £249,000 (Sold on 03 Sep 2007)
    • The first recorded sale happened at this postcode is 364 CITY WAY: £249,000 (Sold on 03 Sep 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average ME1 2BQ 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£380,000 £4,043 1
2022£382,500 £4,722 1
2019£321,250 £4,106 2
2018£310,000 £3,974 1
2015£227,500 £2,718 2
2011£210,000 £2,596 2
2008£180,000 £1,748 1
2004£161,333 £1,993 3
2003£170,0001
2001£110,000 £1,447 1
1998£78,500 £956 2
1996£63,5002
1995£65,000 £855 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2011£280,000 £2,183 1
2007£320,0001
2006£205,000 £1,660 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£249,0001

All the Sales in the CITY WAY, ME1 2BQ

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

AddressSold DatePrice% Change
366 CITY WAYTerraced, FreeholdArea: 94 Sq.mtrAge: 1930-194931 Mar 2023£380,000First Sale
408 CITY WAYTerraced, FreeholdArea: 81 Sq.mtrAge: 1930-194908 Jul 2022£382,500First Sale
406 CITY WAYTerraced, FreeholdArea: 76 Sq.mtrAge: 1930-194905 Jul 2019£345,000213.64%
27 Jul 2001£110,00069.23%
31 May 1995£65,000First Sale
372 CITY WAYTerraced, FreeholdArea: 81 Sq.mtrAge: 1930-194929 Mar 2019£297,500313.19%
18 Sep 1998£72,000First Sale
396 CITY WAYTerraced, FreeholdArea: 78 Sq.mtrAge: 1930-194927 Sep 2018£310,00086.75%
23 Apr 2004£166,000First Sale
374 CITY WAYTerraced, FreeholdArea: 83 Sq.mtrAge: 1930-194906 May 2015£230,000170.59%
16 Nov 1998£85,000First Sale
404 CITY WAYTerraced, FreeholdArea: 84.44 Sq.mtrAge: 1930-194930 Apr 2015£225,00048.03%
09 Jan 2004£152,000First Sale
410 CITY WAYTerraced, Freehold13 Oct 2011£210,000First Sale
402 CITY WAYTerraced, FreeholdArea: 80.9 Sq.mtrAge: 1930-194913 Sep 2011£210,00026.51%
19 Aug 2004£166,000First Sale
376 CITY WAYSemi-Detached, FreeholdArea: 128.29 Sq.mtrAge: 1930-194925 Feb 2011£280,00033.33%
25 Jul 2006£210,000First Sale
380 CITY WAYTerraced, FreeholdArea: 103 Sq.mtrAge: 1950-196611 Feb 2008£180,000First Sale
364 CITY WAYDetached, Freehold03 Sep 2007£249,000First Sale
412 CITY WAYSemi-Detached, Freehold22 Feb 2007£320,000First Sale
368 CITY WAYSemi-Detached, Freehold23 May 2006£200,000First Sale
384 CITY WAYTerraced, Freehold08 Dec 2003£170,000First Sale
378 CITY WAYTerraced, Freehold28 Nov 1996£67,000First Sale
398 CITY WAYTerraced, Freehold21 Jun 1996£60,000First Sale

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

CITY WAY, ME1 2BQ Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £178,386 median price is £160,500 Standard Deviation is £99,167 with Total Sold: 1,004
    • The Last 5 Year average price is £324,444 with Total Sold: 162
    • 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 £258,024 median price is £250,000 Standard Deviation is £126,300 with Total Sold: 398
    • The Last 5 Year average price is £449,478 with Total Sold: 45
    • 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 £169,715 median price is £159,998 Standard Deviation is £89,210 with Total Sold: 916
    • The Last 5 Year average price is £297,564 with Total Sold: 133
    • 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 £1,235,600 median price is £180,000 Standard Deviation is £3,157,914 with Total Sold: 10
    • The Last 5 Year average price is £1,918,167 with Total Sold: 6
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£348,955 £3,625 11
2023£359,530 £4,212 33
2022£341,827 £4,075 26
2021£307,803 £3,722 38
2020£319,812 £3,660 24
2019£286,583 £3,424 30
2018£298,788 £3,624 26
2017£283,163 £3,501 22
2016£256,924 £3,210 33
2015£227,249 £2,751 41
2014£220,114 £2,397 35
2013£182,731 £2,175 26
2012£167,150 £2,075 24
2011£179,870 £2,054 23
2010£171,870 £2,230 27
2009£158,262 £1,950 21
2008£165,029 £2,118 19
2007£195,764 £2,269 48
2006£167,882 £1,889 48
2005£166,382 £2,049 30
2004£166,824 £1,877 51
2003£144,823 £1,690 34
2002£118,094 £1,323 37
2001£105,932 £1,271 56
2000£86,965 £999 40
1999£77,611 £830 50
1998£68,916 £706 38
1997£63,822 £716 45
1996£58,429 £653 43
1995£59,996 £712 25
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£363,3333
2023£516,786 £4,866 7
2022£422,250 £5,276 8
2021£458,333 £4,442 15
2020£467,333 £4,400 6
2019£410,333 £3,420 6
2018£357,278 £4,361 9
2017£398,893 £4,423 14
2016£363,000 £3,959 12
2015£319,438 £3,322 8
2014£324,073 £2,903 13
2013£270,214 £2,708 14
2012£275,500 £2,519 10
2011£269,500 £2,764 14
2010£254,611 £2,242 9
2009£217,818 £2,503 11
2008£274,215 £2,249 9
2007£322,467 £2,255 15
2006£262,026 £2,470 19
2005£279,563 £2,184 11
2004£250,477 £2,163 22
2003£258,342 £2,172 27
2002£263,545 £1,742 22
2001£171,357 £1,661 7
2000£156,577 £1,450 13
1999£121,204 £1,195 24
1998£136,835 £1,357 18
1997£108,806 £903 18
1996£101,530 £819 25
1995£88,666 £714 9
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£289,400 £3,320 10
2023£326,147 £3,929 17
2022£356,963 £4,131 27
2021£289,742 £3,480 33
2020£254,286 £3,275 14
2019£261,812 £3,400 32
2018£275,323 £3,402 24
2017£252,667 £3,135 39
2016£260,598 £3,005 25
2015£207,951 £2,745 31
2014£201,585 £2,388 35
2013£166,956 £2,015 34
2012£170,716 £2,144 22
2011£166,950 £2,028 30
2010£166,396 £2,034 26
2009£165,241 £1,991 29
2008£180,846 £2,030 26
2007£182,080 £2,109 37
2006£164,497 £2,024 49
2005£159,306 £1,822 38
2004£144,588 £1,826 42
2003£141,975 £1,737 41
2002£110,956 £1,310 36
2001£90,904 £1,167 36
2000£75,068 £928 36
1999£64,990 £835 33
1998£60,471 £780 37
1997£56,441 £670 23
1996£53,815 £587 31
1995£46,987 £638 23
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£83,2501
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£30,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£161,2502
2022£372,500 £4,543 1
2021£5,358,0002
2020£98,000 £1,089 1
2018£15,000 £174 1
2017£302,0001
2015£265,000 £1,361 2

House Type in ME1 2BQ area

The most common house types in the ME1 2BQ 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 2BQ 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