Housing Market Analysis for WALLACE ROAD, ME1 2TB

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £256,687 median price is £229,500 Standard Deviation is £121,468 with Total Sold: 16
    • The Last 5 Year average price is £415,250 with Total Sold: 4
    • The most recent sale happened at this postcode is 40 WALLACE ROAD: £401,000 (Sold on 16 Sep 2022)
    • The first recorded sale happened at this postcode is 42 WALLACE ROAD: £360,000 (Sold on 07 Dec 2023)
  • Detached
    • The average price is around £167,071 median price is £129,495 Standard Deviation is £80,416 with Total Sold: 7
    • The most recent sale happened at this postcode is 39B WALLACE ROAD: £334,000 (Sold on 04 Aug 2014)
    • 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 £153,271 median price is £177,000 Standard Deviation is £60,546 with Total Sold: 7
    • The most recent sale happened at this postcode is 37 WALLACE ROAD: £249,995 (Sold on 08 Jun 2007)
    • The first recorded sale happened at this postcode is 35 WALLACE ROAD: £49,900 (Sold on 14 Jul 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average ME1 2TB 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
2022£401,000 £5,076 1
2021£450,000 £2,819 2
2016£305,000 £3,961 1
2015£377,500 £2,330 1
2014£325,000 £2,196 1
2013£226,000 £2,404 1
2012£175,000 £2,313 1
2005£233,000 £2,138 1
2002£159,248 £1,126 2
2001£127,000 £1,330 2
2000£150,000 £1,376 1
1998£82,000 £408 1
2023£360,000 £3,303 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£334,000 £2,257 1
2004£220,000 £1,486 1
2001£181,000 £1,560 1
1999£112,0001
1998£129,495 £1,116 1
1995£96,500 £836 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£249,9951
2006£189,0001
2004£177,0001
2003£177,0001
2001£115,0002
1995£49,9001

All the Sales in the WALLACE ROAD, ME1 2TB

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

AddressSold DatePrice% Change
40 WALLACE ROADSemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1930-194916 Sep 2022£401,000First Sale
45 WALLACE ROADSemi-Detached, FreeholdArea: 127 Sq.mtrAge: 1930-194921 Jun 2021£400,000179.73%
02 May 2002£142,99514.40%
21 Mar 2001£125,000First Sale
50 WALLACE ROADSemi-Detached, FreeholdArea: 201 Sq.mtrAge: 1930-194929 Jan 2021£500,000509.76%
17 Sep 1998£82,000First Sale
44 WALLACE ROADSemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1930-194919 Aug 2016£305,000First Sale
34 WALLACE ROADSemi-Detached, FreeholdArea: 162 Sq.mtrAge: 1930-194918 Nov 2015£377,500First Sale
39B WALLACE ROADDetached, FreeholdArea: 148 Sq.mtrAge: 1950-196604 Aug 2014£334,00084.53%
17 Aug 2001£181,00039.77%
29 Oct 1998£129,49533.50%
18 Aug 1995£97,000First Sale
26 WALLACE ROADSemi-Detached, FreeholdArea: 148 Sq.mtrAge: 1930-194903 Jul 2014£325,00047.73%
19 Nov 2004£220,000First Sale
32 WALLACE ROADSemi-Detached, FreeholdArea: 94 Sq.mtrAge: 1930-194916 Aug 2013£226,000First Sale
48 WALLACE ROADSemi-Detached, FreeholdArea: 75.67 Sq.mtrAge: 1930-194918 Apr 2012£175,000First Sale
37 WALLACE ROADTerraced, Freehold08 Jun 2007£249,99596.85%
08 Jun 2001£127,000First Sale
35 WALLACE ROADTerraced, Freehold11 Sep 2006£189,0006.78%
17 Dec 2004£177,00071.84%
04 May 2001£103,000106.41%
14 Jul 1995£49,900First Sale
42 WALLACE ROADSemi-Detached, FreeholdArea: 109 Sq.mtrAge: 1900-192901 Aug 2005£233,00055.33%
28 Jul 2000£150,000-58.33%
07 Dec 2023£360,000First Sale
37A WALLACE ROADTerraced, Freehold14 Nov 2003£177,000First Sale
24 WALLACE ROADSemi-Detached, Freehold17 Jul 2002£175,500First Sale
36 WALLACE ROADSemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1950-196610 Aug 2001£129,000First Sale
39 WALLACE ROADDetached, Freehold26 Feb 1999£112,000First Sale
39A WALLACE ROADDetached, Freehold03 Jan 1995£96,000First Sale

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

WALLACE ROAD, ME1 2TB Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £202,642 median price is £178,000 Standard Deviation is £118,235 with Total Sold: 475
    • The Last 5 Year average price is £374,644 with Total Sold: 66
    • 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)
  • Flat
    • The average price is around £166,407 median price is £195,000 Standard Deviation is £69,582 with Total Sold: 65
    • The Last 5 Year average price is £220,667 with Total Sold: 12
    • The most recent sale happened at this postcode is 4, NIMBUS HOUSE PILOTS VIEW: £235,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 63 ARETHUSA ROAD: £30,000 (Sold on 21 Nov 1995)
  • Detached
    • The average price is around £315,474 median price is £291,500 Standard Deviation is £166,137 with Total Sold: 645
    • The Last 5 Year average price is £540,467 with Total Sold: 99
    • 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 £182,872 median price is £171,000 Standard Deviation is £96,925 with Total Sold: 563
    • The Last 5 Year average price is £315,127 with Total Sold: 83
    • 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 £472,986 median price is £401,000 Standard Deviation is £491,199 with Total Sold: 13
    • The Last 5 Year average price is £304,248 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)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£389,200 £4,713 5
2023£394,821 £4,270 14
2022£444,750 £4,256 8
2021£348,094 £3,706 16
2020£362,000 £3,775 14
2019£339,722 £3,709 9
2018£360,300 £3,966 15
2017£383,000 £4,031 10
2016£312,643 £3,764 7
2015£260,661 £2,980 14
2014£295,785 £2,723 14
2013£227,136 £2,388 11
2012£215,950 £2,285 8
2011£218,186 £2,085 14
2010£208,391 £2,610 11
2009£180,208 £2,051 12
2008£205,664 £2,351 11
2007£247,788 £2,534 26
2006£200,848 £2,215 20
2005£195,392 £2,024 14
2004£190,196 £1,988 26
2003£181,313 £1,906 19
2002£140,036 £1,723 12
2001£130,843 £1,410 24
2000£119,789 £1,293 27
1999£97,083 £976 21
1998£78,229 £788 21
1997£69,673 £729 26
1996£70,928 £626 30
1995£66,028 £603 16
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£235,0001
2023£235,000 £3,310 1
2022£217,571 £3,191 7
2020£210,000 £2,958 2
2019£235,000 £3,310 1
2018£200,000 £2,661 2
2017£220,389 £3,121 18
2016£191,000 £2,903 2
2015£116,000 £2,200 3
2014£101,500 £2,105 4
2013£117,000 £2,340 1
2012£78,000 £2,170 1
2009£92,5001
2008£128,000 £2,032 1
2007£217,500 £2,209 2
2006£116,111 £2,756 9
2005£95,483 £2,126 3
2003£286,500 £2,412 1
2002£69,995 £1,947 1
1999£34,000 £556 2
1998£29,000 £453 1
1995£30,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£468,667 £3,467 9
2023£589,167 £4,771 15
2022£555,200 £4,991 20
2021£510,811 £4,334 28
2020£531,647 £4,135 17
2019£600,600 £3,773 10
2018£453,907 £4,042 16
2017£417,850 £4,100 20
2016£447,727 £3,540 20
2015£400,763 £3,093 19
2014£337,270 £2,887 22
2013£332,729 £2,675 24
2012£312,225 £2,751 20
2011£269,200 £2,513 15
2010£297,933 £2,579 15
2009£225,125 £2,621 16
2008£343,058 £1,942 16
2007£345,893 £2,108 28
2006£320,333 £2,444 36
2005£329,350 £2,131 22
2004£298,971 £2,246 36
2003£273,750 £1,963 31
2002£266,511 £1,862 34
2001£197,500 £1,467 19
2000£178,237 £1,323 19
1999£141,404 £1,113 30
1998£153,315 £1,176 19
1997£120,640 £927 25
1996£91,719 £717 24
1995£112,665 £824 20
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£325,2504
2023£363,071 £3,933 14
2022£378,000 £4,141 14
2021£299,000 £3,371 17
2020£261,875 £3,391 8
2019£280,827 £3,343 26
2018£280,324 £3,165 17
2017£285,087 £3,151 23
2016£270,623 £2,980 24
2015£218,646 £2,588 17
2014£224,605 £2,531 19
2013£173,139 £2,091 18
2012£185,233 £2,107 15
2011£185,778 £2,048 18
2010£171,595 £2,092 19
2009£173,694 £1,997 18
2008£187,107 £1,922 14
2007£195,120 £2,043 25
2006£180,945 £2,141 22
2005£182,666 £1,926 21
2004£151,125 £1,804 28
2003£151,500 £1,709 25
2002£125,247 £1,298 16
2001£95,380 £1,121 25
2000£81,218 £943 18
1999£78,747 £854 20
1998£66,722 £797 27
1997£61,016 £699 12
1996£54,359 £570 22
1995£52,100 £685 17
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£410,000 £4,713 1
2023£255,0001
2022£536,250 £3,582 2
2020£209,000 £2,364 3
2019£69,480 £979 1
2018£315,546 £1,335 2
2017£401,0001
2016£2,000,0001
2014£682,7501

House Type in ME1 2TB area

The most common house types in the ME1 2TB postcode area are Terraced (68), Semi-detached (45), and Detached (15).

Total132
Terraced68
Semi-detached45
Detached15
commercial building4
Flat0
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (65), and Owned: Owns with a mortgage or loan (50).

Owned: Owns outright65
Owned: Owns with a mortgage or loan50
Private rented: Private landlord or letting agency13
Private rented: Other private rented2
Shared ownership: Shared ownership1
Social rented: Other social rented1
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the ME1 2TB have 2 people in household (61), and 3 people in household (26).

2 people in household61
3 people in household26
4 people in household22
1 person in household13
6 people in household5
5 people in household4
8 or more people in household1
0 people in household0
7 people in household0