Housing Market Analysis for WALLACE ROAD, ME1 2SZ

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £189,158 median price is £167,475 Standard Deviation is £131,640 with Total Sold: 6
    • The most recent sale happened at this postcode is 5 WALLACE ROAD: £450,000 (Sold on 31 Oct 2018)
    • The first recorded sale happened at this postcode is 7 WALLACE ROAD: £40,000 (Sold on 31 Jan 1997)
  • Detached
    • The average price is around £257,889 median price is £250,000 Standard Deviation is £101,239 with Total Sold: 9
    • The most recent sale happened at this postcode is 2 WALLACE ROAD: £305,000 (Sold on 02 Dec 2013)
    • The first recorded sale happened at this postcode is 2A WALLACE ROAD: £99,000 (Sold on 18 Jan 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average ME1 2SZ 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£450,000 £3,147 1
2007£185,0001
2004£225,000 £1,573 1
2003£149,9501
1997£62,500 £486 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£305,000 £2,430 1
2012£332,500 £1,967 1
2011£250,000 £1,479 1
2006£250,0001
2005£350,0001
2004£427,5001
1999£158,0001
1997£149,0001
1996£99,0001

All the Sales in the WALLACE ROAD, ME1 2SZ

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

AddressSold DatePrice% Change
5 WALLACE ROADSemi-Detached, FreeholdArea: 143 Sq.mtrAge: 1950-196631 Oct 2018£450,000100.00%
30 Jan 2004£225,000164.71%
18 Apr 1997£85,000First Sale
2 WALLACE ROADDetached, FreeholdArea: 125.54 Sq.mtrAge: 1976-198202 Dec 2013£305,000First Sale
9 WALLACE ROADDetached, FreeholdArea: 169 Sq.mtrAge: 1930-194904 Sep 2012£332,50033.00%
27 Jun 2011£250,000First Sale
3 WALLACE ROADSemi-Detached, Freehold30 Mar 2007£185,00023.37%
19 Sep 2003£149,950First Sale
2B WALLACE ROADDetached, Freehold13 Jan 2006£250,000First Sale
3A WALLACE ROADDetached, Freehold06 Apr 2005£350,000121.52%
19 Apr 1999£158,000First Sale
6 WALLACE ROADDetached, Freehold02 Jul 2004£427,500186.91%
27 May 1997£149,000First Sale
7 WALLACE ROADSemi-Detached, FreeholdArea: 106 Sq.mtrAge: 1930-194931 Jan 1997£40,000First Sale
2A WALLACE ROADDetached, Freehold18 Jan 1996£99,000First Sale

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

WALLACE ROAD, ME1 2SZ Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £210,762 median price is £184,000 Standard Deviation is £125,904 with Total Sold: 450
    • The Last 5 Year average price is £403,780 with Total Sold: 61
    • The most recent sale happened at this postcode is , 59 THE RIDGEWAY: £550,000 (Sold on 13 Sep 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 £327,587 median price is £315,000 Standard Deviation is £175,899 with Total Sold: 477
    • The Last 5 Year average price is £566,554 with Total Sold: 69
    • The most recent sale happened at this postcode is , 29 THE RIDGEWAY: £850,000 (Sold on 14 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 £184,262 median price is £173,000 Standard Deviation is £97,675 with Total Sold: 445
    • The Last 5 Year average price is £333,184 with Total Sold: 57
    • The most recent sale happened at this postcode is , 21 PATTENS LANE: £310,000 (Sold on 29 May 2024)
    • The first recorded sale happened at this postcode is , 18 GRAFTON AVENUE: £56,000 (Sold on 26 Jan 1995)
  • Other
    • The average price is around £594,865 median price is £410,000 Standard Deviation is £544,437 with Total Sold: 13
    • The Last 5 Year average price is £476,562 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 , FORT HORSTED BUSINESS CENTRE PRIMROSE CLOSE: £682,750 (Sold on 24 Dec 2014)
  • Flat
    • The average price is around £119,316 median price is £115,000 Standard Deviation is £69,903 with Total Sold: 19
    • The Last 5 Year average price is £115,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 1A HORSTED AVENUE: £115,000 (Sold on 09 Jul 2020)
    • The first recorded sale happened at this postcode is FLAT 1, 1 HORSTED AVENUE: £33,000 (Sold on 25 Feb 2000)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£445,200 £4,713 5
2023£417,773 £4,080 11
2022£447,800 £4,108 10
2021£369,700 £3,711 13
2020£397,773 £3,655 11
2019£377,227 £3,608 11
2018£381,208 £3,854 12
2017£394,125 £4,147 8
2016£320,300 £3,417 5
2015£260,547 £2,922 16
2014£311,750 £2,628 14
2013£233,923 £2,331 13
2012£210,278 £2,215 9
2011£237,050 £2,096 12
2010£225,307 £2,517 14
2009£259,625 £2,076 8
2008£218,845 £2,282 11
2007£261,269 £2,545 26
2006£200,797 £2,130 15
2005£196,698 £2,117 15
2004£188,368 £1,931 22
2003£182,525 £1,980 18
2002£144,744 £1,550 10
2001£132,690 £1,400 25
2000£123,155 £1,312 27
1999£97,156 £981 24
1998£90,374 £787 15
1997£72,038 £711 26
1996£71,110 £591 26
1995£69,414 £615 18
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£473,2867
2023£619,167 £4,577 9
2022£577,154 £4,831 13
2021£521,214 £4,434 22
2020£617,333 £3,994 9
2019£631,222 £3,735 9
2018£453,750 £4,056 14
2017£428,038 £4,278 13
2016£472,237 £3,603 15
2015£416,967 £2,950 15
2014£347,063 £2,859 15
2013£348,306 £2,707 18
2012£347,038 £2,793 13
2011£278,111 £2,654 9
2010£316,100 £2,536 10
2009£226,714 £2,649 14
2008£379,312 £1,528 11
2007£378,842 £2,038 19
2006£336,482 £2,405 28
2005£356,011 £2,172 17
2004£304,709 £2,188 31
2003£292,215 £1,889 22
2002£281,604 £1,816 28
2001£204,367 £1,467 15
2000£182,500 £1,309 12
1999£142,384 £1,057 25
1998£163,577 £1,181 13
1997£126,094 £858 16
1996£87,000 £626 16
1995£112,211 £784 19
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£328,6673
2023£387,250 £4,076 10
2022£391,625 £4,175 12
2021£314,583 £3,636 12
2020£269,600 £3,508 5
2019£287,367 £3,379 15
2018£298,950 £3,296 10
2017£307,575 £3,324 20
2016£252,818 £2,869 11
2015£254,562 £3,081 8
2014£223,324 £2,481 20
2013£173,535 £2,039 14
2012£188,821 £2,165 14
2011£182,857 £2,005 14
2010£186,557 £2,303 14
2009£190,884 £2,183 13
2008£203,909 £2,223 11
2007£202,181 £2,099 22
2006£175,814 £2,037 25
2005£180,304 £1,886 23
2004£163,105 £1,851 19
2003£158,850 £1,795 20
2002£123,800 £1,319 15
2001£100,774 £1,149 20
2000£85,802 £984 13
1999£80,024 £839 18
1998£67,645 £783 24
1997£63,188 £718 9
1996£57,472 £587 18
1995£53,034 £718 13
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£410,000 £4,713 1
2023£255,0001
2022£867,500 £3,582 3
2021£16,0001
2020£264,500 £3,640 2
2018£535,0001
2017£351,5002
2016£2,000,0001
2014£682,7501
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£115,000 £3,108 1
2014£86,000 £2,606 1
2013£117,000 £2,340 1
2007£325,000 £2,736 1
2006£115,556 £2,862 9
2005£90,0001
2003£180,750 £2,219 2
2002£49,750 £1,338 2
2000£33,0001

House Type in ME1 2SZ area

The most common house types in the ME1 2SZ postcode area are Detached (74), Semi-detached (31), and Terraced (17).

Total122
Detached74
Semi-detached31
Terraced17
Flat0
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 (71), and Owned: Owns with a mortgage or loan (44).

Owned: Owns outright71
Owned: Owns with a mortgage or loan44
Private rented: Private landlord or letting agency4
Social rented: Rents from council or Local Authority2
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the ME1 2SZ have 2 people in household (41), and 1 person in household (23).

2 people in household41
1 person in household23
4 people in household21
3 people in household20
5 people in household12
8 or more people in household3
6 people in household1
0 people in household0
7 people in household0