Housing Market Analysis for ME1 2LW

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average ME1 2LW 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.

    All the Sales in the ME1 2LW

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

    AddressSold DatePrice% Change

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

    ME1 2LW Near By properties

    Interactive Map

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

    • Terraced
      • The average price is around £152,466 median price is £136,500 Standard Deviation is £94,740 with Total Sold: 3,129
      • The Last 5 Year average price is £278,965 with Total Sold: 483
      • The most recent sale happened at this postcode is , 100 ROCHESTER AVENUE: £310,000 (Sold on 16 Sep 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 £192,923 median price is £157,500 Standard Deviation is £140,698 with Total Sold: 695
      • The Last 5 Year average price is £372,862 with Total Sold: 98
      • The most recent sale happened at this postcode is , 3 CORNWALL ROAD: £340,000 (Sold on 28 Aug 2024)
      • The first recorded sale happened at this postcode is , 13 DELCE ROAD: £46,000 (Sold on 06 Feb 1995)
    • Other
      • The average price is around £472,145 median price is £302,800 Standard Deviation is £538,370 with Total Sold: 35
      • The Last 5 Year average price is £408,734 with Total Sold: 26
      • The most recent sale happened at this postcode is , 35 NEW ROAD: £98,112 (Sold on 15 Aug 2024)
      • The first recorded sale happened at this postcode is , DICKENS HOUSE, 5 - 7 NEW ROAD: £1,400,000 (Sold on 30 Oct 2015)
    • Flat
      • The average price is around £130,910 median price is £115,250 Standard Deviation is £78,602 with Total Sold: 788
      • The Last 5 Year average price is £228,935 with Total Sold: 182
      • The most recent sale happened at this postcode is 99, LANCER HOUSE PRINCES STREET: £123,000 (Sold on 29 Feb 2024)
      • The first recorded sale happened at this postcode is , 49 ONSLOW ROAD: £34,000 (Sold on 13 Jan 1995)
    • Detached
      • The average price is around £306,548 median price is £277,000 Standard Deviation is £172,048 with Total Sold: 142
      • The Last 5 Year average price is £456,973 with Total Sold: 26
      • The most recent sale happened at this postcode is , 45 KING STREET: £277,000 (Sold on 15 Dec 2023)
      • The first recorded sale happened at this postcode is , 7 CORNWALL ROAD: £108,000 (Sold on 27 Jun 1995)

    Sold Price Trend Over the Years:

    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£289,855 £3,448 32
    2023£318,726 £3,509 53
    2022£307,332 £3,580 100
    2021£276,807 £3,099 145
    2020£250,098 £3,027 57
    2019£244,232 £2,929 96
    2018£246,146 £3,064 95
    2017£260,999 £2,947 90
    2016£227,114 £2,726 96
    2015£200,000 £2,336 103
    2014£184,999 £2,199 116
    2013£171,230 £1,958 116
    2012£170,793 £1,941 89
    2011£155,669 £1,741 75
    2010£138,841 £1,801 62
    2009£135,663 £1,721 49
    2008£153,352 £1,875 59
    2007£158,290 £1,893 147
    2006£146,369 £1,787 146
    2005£140,610 £1,698 120
    2004£132,910 £1,637 146
    2003£119,581 £1,429 126
    2002£98,192 £1,145 145
    2001£78,190 £954 149
    2000£69,483 £815 164
    1999£55,985 £661 142
    1998£56,486 £620 104
    1997£46,590 £563 124
    1996£43,862 £476 90
    1995£40,125 £467 93
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£324,500 £4,793 10
    2023£401,923 £4,501 13
    2022£391,471 £4,327 17
    2021£394,359 £3,984 32
    2020£323,700 £3,298 10
    2019£347,438 £3,743 16
    2018£288,370 £3,311 23
    2017£305,091 £3,534 22
    2016£360,046 £3,133 18
    2015£288,967 £3,155 15
    2014£218,000 £2,527 15
    2013£228,985 £2,363 20
    2012£263,496 £2,653 22
    2011£159,571 £1,707 14
    2010£218,790 £2,152 24
    2009£210,000 £2,376 13
    2008£177,500 £1,889 20
    2007£203,475 £2,331 20
    2006£190,755 £1,837 32
    2005£152,247 £1,755 21
    2004£189,592 £1,977 24
    2003£168,357 £1,547 32
    2002£152,148 £1,414 30
    2001£114,345 £1,137 31
    2000£117,562 £1,167 28
    1999£85,956 £792 40
    1998£63,239 £750 30
    1997£60,183 £647 41
    1996£54,096 £577 43
    1995£59,552 £556 19
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£98,1121
    2023£25,0002
    2022£341,754 £3,087 3
    2021£323,571 £5,389 7
    2020£482,6673
    2019£574,070 £4,946 10
    2018£598,250 £1,610 4
    2017£700,0003
    2016£5,0001
    2015£1,400,0001
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£171,000 £3,514 2
    2023£255,205 £3,304 49
    2022£264,317 £3,226 71
    2021£183,168 £3,320 22
    2020£165,458 £3,221 24
    2019£146,566 £2,987 14
    2018£182,830 £2,984 26
    2017£153,597 £2,863 24
    2016£126,574 £2,766 31
    2015£132,550 £2,525 30
    2014£116,898 £2,173 22
    2013£112,135 £2,018 26
    2012£112,468 £2,021 33
    2011£114,214 £1,813 14
    2010£109,000 £2,205 19
    2009£123,841 £2,148 22
    2008£121,692 £2,327 26
    2007£124,774 £2,535 23
    2006£107,898 £2,231 36
    2005£105,836 £2,148 22
    2004£111,960 £1,998 48
    2003£107,924 £1,899 35
    2002£67,932 £1,257 37
    2001£62,954 £1,247 28
    2000£48,606 £1,082 30
    1999£36,637 £785 12
    1998£35,237 £792 19
    1997£34,096 £738 15
    1996£28,666 £561 12
    1995£28,781 £587 16
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£416,829 £3,472 7
    2022£499,400 £4,810 5
    2021£461,125 £3,387 4
    2020£613,333 £3,338 3
    2019£397,429 £3,168 7
    2018£442,500 £2,979 5
    2017£371,000 £2,747 3
    2016£390,100 £3,298 10
    2015£345,667 £2,577 3
    2014£357,643 £3,071 7
    2013£353,650 £2,502 6
    2012£353,725 £2,722 4
    2011£275,250 £2,461 8
    2010£246,000 £1,804 1
    2009£261,500 £2,083 3
    2008£380,500 £3,015 2
    2007£272,799 £2,658 5
    2006£323,374 £2,100 8
    2005£212,000 £809 1
    2004£351,083 £2,113 6
    2003£280,374 £1,596 8
    2002£183,998 £1,390 3
    2001£155,740 £1,357 5
    2000£167,786 £1,591 7
    1999£160,333 £846 3
    1998£163,875 £1,126 4
    1997£107,000 £1,096 4
    1996£67,833 £784 6
    1995£90,500 £651 4

    House Type in ME1 2LW area

    The most common house types in the ME1 2LW postcode area are Terraced (65), Flat (18), and Semi-detached (8).

    Total94
    Terraced65
    Flat18
    Semi-detached8
    Detached3
    Shared house0
    converted building0
    commercial building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Social rented: Other social rented (36), and Private rented: Private landlord or letting agency (20).

    Social rented: Other social rented36
    Private rented: Private landlord or letting agency20
    Owned: Owns with a mortgage or loan18
    Owned: Owns outright15
    Social rented: Rents from council or Local Authority4
    Shared ownership: Shared ownership1
    Private rented: Other private rented1
    Does not apply0
    Lives rent free0

    Number of People in a Household

    The most houses in the ME1 2LW have 2 people in household (36), and 1 person in household (28).

    2 people in household36
    1 person in household28
    3 people in household16
    4 people in household8
    5 people in household4
    6 people in household3
    7 people in household1
    0 people in household0
    8 or more people in household0