Housing Market Analysis for CITY WAY, ME1 2TL

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

Overview of Sold House prices

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

Detached
- The average price is around £360,519 median price is £330,000 Standard Deviation is £203,106 with Total Sold: 21
- The Last 5 Year average price is £683,333 with Total Sold: 3
- The most recent sale happened at this postcode is 215 CITY WAY: £615,000 (Sold on 03 May 2022)
- The first recorded sale happened at this postcode is 253 CITY WAY: £105,000 (Sold on 24 Mar 1995)
Semi-Detached
- The average price is around £269,969 median price is £230,000 Standard Deviation is £164,118 with Total Sold: 16
- The Last 5 Year average price is £610,000 with Total Sold: 1
- The most recent sale happened at this postcode is 201 CITY WAY: £610,000 (Sold on 15 Dec 2020)
- The first recorded sale happened at this postcode is 225A CITY WAY: £82,000 (Sold on 30 Apr 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average ME1 2TL 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: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£615,000	£3,892	1
2019	£717,500	£3,899	2
2018	£408,752	£5,376	2
2016	£452,500	£2,625	2
2015	£351,500	£2,105	2
2012	£540,000	£2,379	1
2008	£305,000		1
2007	£447,500		2
2005	£370,000		1
2004	£305,000	£1,930	1
2002	£168,900		1
1999	£112,250	£480	2
1996	£104,000		1
1995	£91,500	£592	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£610,000	£3,885	1
2017	£490,000	£3,749	3
2013	£240,000	£2,609	1
2011	£270,000	£2,494	1
2009	£250,000	£2,460	1
2007	£270,000	£2,494	1
2004	£220,000	£1,438	1
2003	£194,333	£1,730	3
2000	£142,000	£1,464	1
1998	£91,250	£992	2
1997	£82,000	£536	1

All the Sales in the CITY WAY, ME1 2TL

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

Address	Sold Date	Price	% Change
215 CITY WAYDetached, FreeholdArea: 158 Sq.mtrAge: 1930-1949	03 May 2022	£615,000	101.64%
	10 Nov 2004	£305,000	First Sale
201 CITY WAYSemi-Detached, FreeholdArea: 157 Sq.mtrAge: 1930-1949	15 Dec 2020	£610,000	First Sale
235 CITY WAYDetached, FreeholdArea: 253 Sq.mtrAge: 2003-2006	23 Aug 2019	£810,000	1146.15%
	25 Feb 1999	£65,000	-16.67%
	20 Nov 1995	£78,000	First Sale
217 CITY WAYDetached, FreeholdArea: 136 Sq.mtrAge: 1930-1949	10 May 2019	£625,000	8.70%
	07 Nov 2016	£575,000	First Sale
255 CITY WAYDetached, FreeholdArea: 52 Sq.mtrAge: 1930-1949	07 Dec 2018	£417,505	First Sale
257A CITY WAYDetached, FreeholdArea: 146.9 Sq.mtrAge: 1930-1949	28 Mar 2018	£400,000	First Sale
251 CITY WAYSemi-Detached, FreeholdArea: 97 Sq.mtrAge: 1983-1990	11 Sep 2017	£370,000	160.56%
	23 Aug 2000	£142,000	First Sale
233 CITY WAYSemi-Detached, FreeholdArea: 172 Sq.mtrAge: 1930-1949	25 Aug 2017	£625,000	First Sale
231 CITY WAYSemi-Detached, FreeholdArea: 125 Sq.mtrAge: 1930-1949	03 Mar 2017	£475,000	First Sale
247 CITY WAYDetached, FreeholdArea: 323 Sq.mtr	22 Nov 2016	£330,000	14.58%
247 CITY WAYDetached, FreeholdArea: 323 Sq.mtr	09 Oct 2015	£288,000	First Sale
213 CITY WAYDetached, FreeholdArea: 125.03 Sq.mtrAge: 1930-1949	09 Nov 2015	£415,000	First Sale
225 CITY WAYSemi-Detached, FreeholdArea: 92 Sq.mtrAge: 1950-1966	10 Sep 2013	£240,000	37.14%
	31 Jul 2003	£175,000	First Sale
229 CITY WAYDetached, FreeholdArea: 227 Sq.mtrAge: 1930-1949	30 Nov 2012	£540,000	238.56%
	06 Sep 1999	£159,500	First Sale
253A CITY WAYSemi-Detached, FreeholdArea: 108.24 Sq.mtrAge: 1930-1949	18 Feb 2011	£270,000	0.0
	16 Nov 2007	£270,000	First Sale
241A CITY WAYSemi-Detached, FreeholdArea: 101.62 Sq.mtrAge: 1930-1949	27 Nov 2009	£250,000	First Sale
257 CITY WAYDetached, Freehold	28 Aug 2008	£305,000	0.0
257 CITY WAYDetached, Freehold	25 May 2007	£305,000	First Sale
209 CITY WAYDetached, Freehold	09 Aug 2007	£590,000	First Sale
223 CITY WAYDetached, Freehold	23 Sep 2005	£370,000	119.06%
223 CITY WAYDetached, Freehold	02 May 2002	£168,900	First Sale
225A CITY WAYSemi-Detached, FreeholdArea: 153 Sq.mtrAge: 1930-1949	29 Apr 2004	£220,000	168.29%
	30 Apr 1997	£82,000	First Sale
207 CITY WAYSemi-Detached, Freehold	30 May 2003	£204,000	First Sale
207A CITY WAYSemi-Detached, FreeholdArea: 131 Sq.mtrAge: 1950-1966	30 May 2003	£204,000	First Sale
241 CITY WAYSemi-Detached, FreeholdArea: 92 Sq.mtrAge: 1930-1949	11 Jun 1998	£99,500	19.88%
	16 Jan 1998	£83,000	First Sale
205 CITY WAYDetached, Freehold	15 May 1996	£104,000	First Sale
253 CITY WAYDetached, FreeholdArea: 120 Sq.mtrAge: 1930-1949	24 Mar 1995	£105,000	First Sale

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

CITY WAY, ME1 2TL Near By properties

Interactive Map

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

Flat
- The average price is around £181,147 median price is £202,000 Standard Deviation is £67,517 with Total Sold: 213
- The Last 5 Year average price is £195,187 with Total Sold: 63
- 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)
Terraced
- The average price is around £190,346 median price is £172,750 Standard Deviation is £101,766 with Total Sold: 590
- The Last 5 Year average price is £290,985 with Total Sold: 98
- The most recent sale happened at this postcode is , 19 WILSON AVENUE: £286,000 (Sold on 26 Apr 2024)
- The first recorded sale happened at this postcode is , 18 GRAFTON AVENUE: £56,000 (Sold on 26 Jan 1995)
Detached
- The average price is around £309,619 median price is £292,000 Standard Deviation is £154,757 with Total Sold: 567
- The Last 5 Year average price is £512,758 with Total Sold: 92
- The most recent sale happened at this postcode is , 46 CLOISTERHAM ROAD: £475,000 (Sold on 11 Apr 2024)
- The first recorded sale happened at this postcode is , 39A WALLACE ROAD: £96,000 (Sold on 03 Jan 1995)
Semi-Detached
- The average price is around £215,546 median price is £198,000 Standard Deviation is £116,019 with Total Sold: 379
- The Last 5 Year average price is £361,781 with Total Sold: 57
- The most recent sale happened at this postcode is , 2 EMERALD CLOSE: £300,000 (Sold on 18 Mar 2024)
- The first recorded sale happened at this postcode is , 266 WILSON AVENUE: £77,000 (Sold on 26 Jan 1995)
Other
- The average price is around £228,389 median price is £94,546 Standard Deviation is £420,318 with Total Sold: 22
- The Last 5 Year average price is £122,617 with Total Sold: 11
- 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£208,125	£2,682	4
2023	£221,278	£3,247	9
2022	£218,694	£3,333	18
2021	£193,125	£3,112	16
2020	£201,000	£3,177	5
2019	£131,023	£1,958	11
2018	£218,669	£3,277	34
2017	£219,000	£3,274	58
2016	£176,857	£2,756	7
2015	£114,500	£2,150	4
2014	£98,500	£1,859	6
2013	£141,250	£2,227	6
2012	£78,000	£2,170	1
2011	£71,167	£1,703	3
2010	£87,000	£1,475	1
2009	£92,500		1
2008	£141,500	£2,032	2
2007	£151,500	£2,133	4
2006	£92,333	£1,582	3
2005	£94,238	£2,047	4
2003	£154,498	£1,868	3
2002	£66,982	£1,614	3
2001	£42,500	£837	1
2000	£45,500	£734	1
1999	£32,499	£560	4
1998	£34,000	£541	2
1997	£22,000	£440	1
1995	£30,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£286,000		1
2023	£346,464	£3,928	14
2022	£364,474	£3,999	19
2021	£276,771	£3,173	24
2020	£253,125	£3,201	8
2019	£243,359	£2,752	32
2018	£316,090	£3,262	39
2017	£301,608	£3,170	37
2016	£271,641	£2,941	28
2015	£199,146	£2,353	17
2014	£198,237	£2,286	19
2013	£174,904	£2,038	26
2012	£177,143	£1,999	14
2011	£181,385	£1,960	13
2010	£161,167	£1,859	21
2009	£165,559	£1,865	17
2008	£185,464	£1,872	14
2007	£175,760	£1,927	25
2006	£185,057	£2,095	14
2005	£169,932	£1,827	22
2004	£140,825	£1,780	20
2003	£141,940	£1,624	25
2002	£115,872	£1,352	16
2001	£88,227	£955	22
2000	£76,596	£879	20
1999	£73,971	£809	19
1998	£63,791	£720	24
1997	£52,624	£593	8
1996	£49,295	£539	20
1995	£50,262	£651	12

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£431,250	£3,467	4
2023	£561,833	£4,661	15
2022	£519,950	£4,960	20
2021	£486,508	£4,339	25
2020	£477,718	£4,119	16
2019	£568,000	£3,600	12
2018	£438,822	£3,591	14
2017	£412,421	£3,509	19
2016	£415,931	£3,502	21
2015	£357,564	£2,814	31
2014	£337,195	£2,748	33
2013	£330,818	£2,508	37
2012	£300,618	£2,726	17
2011	£269,091	£2,503	11
2010	£274,292	£2,727	12
2009	£233,714	£2,712	14
2008	£323,994	£2,288	11
2007	£350,000	£2,336	17
2006	£302,929	£2,480	28
2005	£309,357	£2,105	14
2004	£269,094	£2,139	26
2003	£234,440	£2,018	21
2002	£243,633	£1,915	18
2001	£176,950	£1,523	20
2000	£186,535	£1,267	14
1999	£138,745	£1,114	29
1998	£136,999	£1,233	14
1997	£122,313	£996	19
1996	£94,144	£726	19
1995	£108,956	£790	16

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£355,000	£4,713	2
2023	£394,107	£4,344	14
2022	£421,600	£4,663	5
2021	£336,792	£3,460	12
2020	£354,800	£3,547	15
2019	£324,722	£3,275	9
2018	£376,395	£3,575	19
2017	£361,821	£3,605	14
2016	£292,000	£3,380	7
2015	£286,188	£2,947	8
2014	£295,950	£2,677	10
2013	£244,000	£2,353	21
2012	£220,003	£2,409	13
2011	£215,910	£2,027	10
2010	£238,060	£2,704	5
2009	£165,077	£1,940	13
2008	£215,031	£2,355	8
2007	£231,719	£2,413	16
2006	£189,830	£2,229	15
2005	£189,818	£1,945	11
2004	£196,392	£1,915	18
2003	£172,085	£1,847	17
2002	£141,813	£1,833	11
2001	£129,546	£1,473	16
2000	£121,253	£1,282	15
1999	£98,673	£947	13
1998	£82,210	£828	15
1997	£70,881	£714	21
1996	£68,718	£701	20
1995	£71,167	£574	6

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£410,000	£4,713	1
2021	£187,250	£3,768	2
2020	£66,333	£1,089	3
2019	£73,058	£978	5
2018	£66,715	£1,037	7
2017	£263,000		2
2016	£2,000,000		1
2014	£682,750		1

House Type in ME1 2TL area

The most common house types in the ME1 2TL postcode area are Detached (76), Semi-detached (41), and Terraced (13).

Total	132
Detached	76
Semi-detached	41
Terraced	13
Shared house	1
commercial building	1
Flat	0
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (85), and Owned: Owns with a mortgage or loan (34).

Owned: Owns outright	85
Owned: Owns with a mortgage or loan	34
Private rented: Private landlord or letting agency	7
Private rented: Other private rented	5
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 2TL have 2 people in household (52), and 1 person in household (29).

2 people in household	52
1 person in household	29
4 people in household	25
3 people in household	18
5 people in household	6
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0