Housing Market Analysis for CITY WAY, ME1 2TN

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £371,167 median price is £495,000 Standard Deviation is £187,637 with Total Sold: 3
    • The Last 5 Year average price is £512,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 482 CITY WAY: £512,500 (Sold on 28 Aug 2020)
    • The first recorded sale happened at this postcode is 484 CITY WAY: £106,000 (Sold on 18 Sep 1998)
  • Detached
    • The average price is around £470,000 median price is £470,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 486 CITY WAY: £470,000 (Sold on 06 Oct 2014)
    • The first recorded sale happened at this postcode is 486 CITY WAY: £470,000 (Sold on 06 Oct 2014)
  • Terraced
    • The average price is around £165,500 median price is £165,500 Standard Deviation is £82,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 488 CITY WAY: £248,000 (Sold on 06 Apr 2005)
    • The first recorded sale happened at this postcode is 488 CITY WAY: £83,000 (Sold on 06 May 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average ME1 2TN 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
2020£512,500 £2,476 1
2014£495,000 £2,391 1
1998£106,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£470,000 £3,032 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2005£248,0001
1997£83,0001

All the Sales in the CITY WAY, ME1 2TN

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

AddressSold DatePrice% Change
482 CITY WAYSemi-Detached, FreeholdArea: 207 Sq.mtrAge: 1930-194928 Aug 2020£512,5003.54%
25 Jul 2014£495,000First Sale
486 CITY WAYDetached, FreeholdArea: 155 Sq.mtrAge: 1900-192906 Oct 2014£470,000First Sale
488 CITY WAYTerraced, Freehold06 Apr 2005£248,000198.80%
06 May 1997£83,000First Sale
484 CITY WAYSemi-Detached, Freehold18 Sep 1998£106,000First Sale

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

CITY WAY, ME1 2TN Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £184,756 median price is £166,000 Standard Deviation is £105,804 with Total Sold: 741
    • The Last 5 Year average price is £331,812 with Total Sold: 117
    • 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)
  • Terraced
    • The average price is around £169,891 median price is £159,500 Standard Deviation is £92,131 with Total Sold: 816
    • The Last 5 Year average price is £294,104 with Total Sold: 127
    • The most recent sale happened at this postcode is , 111 ARETHUSA ROAD: £214,661 (Sold on 23 Jul 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 £291,119 median price is £275,000 Standard Deviation is £148,646 with Total Sold: 547
    • The Last 5 Year average price is £500,833 with Total Sold: 78
    • 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)
  • Flat
    • The average price is around £108,730 median price is £96,000 Standard Deviation is £56,826 with Total Sold: 117
    • The Last 5 Year average price is £163,908 with Total Sold: 19
    • 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 FLAT 4, TADLEY COURT BINNACLE ROAD: £33,000 (Sold on 30 Jun 1995)
  • Other
    • The average price is around £200,364 median price is £125,000 Standard Deviation is £167,104 with Total Sold: 11
    • The Last 5 Year average price is £176,857 with Total Sold: 7
    • 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 , 131 CITY WAY: £425,000 (Sold on 24 Aug 2015)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£352,312 £4,713 8
2023£387,043 £4,285 23
2022£343,800 £4,171 15
2021£300,161 £3,705 28
2020£334,455 £3,551 22
2019£294,381 £3,557 21
2018£319,778 £3,798 18
2017£308,980 £3,547 22
2016£255,350 £3,272 20
2015£236,054 £2,793 23
2014£249,041 £2,527 24
2013£195,159 £2,201 22
2012£178,757 £2,182 14
2011£194,555 £2,027 20
2010£172,150 £2,441 12
2009£159,100 £1,899 20
2008£194,175 £2,331 16
2007£219,162 £2,308 34
2006£178,557 £2,051 36
2005£172,499 £1,890 22
2004£179,174 £1,929 35
2003£154,631 £1,790 30
2002£119,584 £1,456 23
2001£111,908 £1,319 41
2000£94,131 £1,113 35
1999£77,901 £885 38
1998£70,450 £783 27
1997£67,419 £730 37
1996£62,696 £649 35
1995£60,248 £630 20
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£301,4154
2023£333,333 £3,863 18
2022£345,340 £4,081 25
2021£278,235 £3,281 34
2020£252,083 £3,407 12
2019£265,500 £3,289 34
2018£262,707 £3,182 29
2017£271,533 £3,141 30
2016£253,085 £2,882 23
2015£207,119 £2,575 25
2014£198,451 £2,365 31
2013£163,786 £1,974 28
2012£168,716 £2,104 22
2011£182,825 £2,014 20
2010£162,041 £1,950 32
2009£164,608 £1,946 23
2008£180,816 £1,899 19
2007£176,361 £2,020 36
2006£176,343 £2,128 30
2005£165,258 £1,910 29
2004£140,666 £1,846 39
2003£140,722 £1,700 36
2002£114,730 £1,297 28
2001£88,156 £1,118 39
2000£78,658 £913 28
1999£68,875 £835 29
1998£61,623 £770 40
1997£52,062 £651 19
1996£50,963 £581 30
1995£49,423 £738 24
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£413,286 £3,467 7
2023£549,038 £4,779 13
2022£514,938 £5,318 16
2021£489,762 £4,461 21
2020£472,178 £4,231 14
2019£557,143 £3,577 7
2018£401,000 £4,195 14
2017£402,000 £4,171 16
2016£402,326 £3,557 17
2015£372,179 £3,141 14
2014£327,219 £2,953 18
2013£298,357 £2,638 21
2012£285,750 £2,631 18
2011£251,143 £2,595 14
2010£257,727 £2,727 11
2009£215,857 £2,577 14
2008£315,638 £2,187 14
2007£348,960 £2,300 25
2006£288,483 £2,563 30
2005£309,894 £2,208 17
2004£284,331 £2,245 33
2003£262,208 £2,102 30
2002£264,238 £1,843 31
2001£161,278 £1,504 18
2000£169,600 £1,355 15
1999£129,428 £1,122 28
1998£157,374 £1,233 16
1997£107,550 £936 19
1996£90,489 £710 23
1995£91,485 £708 13
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£115,375 £2,682 2
2023£64,000 £1,455 1
2022£189,000 £3,301 8
2021£153,750 £3,390 4
2020£185,000 £4,048 2
2019£161,250 £2,745 2
2018£165,000 £2,661 1
2017£175,958 £3,756 12
2016£130,667 £2,572 3
2015£104,179 £2,355 7
2014£95,625 £1,964 8
2013£91,333 £2,043 3
2012£99,000 £2,285 2
2011£71,250 £1,717 4
2010£87,000 £1,475 1
2009£88,750 £2,656 2
2008£127,667 £2,506 3
2007£147,500 £2,264 5
2006£101,333 £2,066 6
2005£94,238 £2,047 4
2004£97,000 £2,205 1
2003£117,214 £1,988 7
2002£69,882 £1,684 9
2001£53,832 £1,052 3
2000£52,750 £979 2
1999£35,499 £675 5
1998£37,667 £664 3
1997£22,000 £440 1
1996£32,000 £727 1
1995£31,900 £872 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£410,000 £4,713 1
2023£255,0001
2022£372,500 £4,543 1
2021£1,5001
2020£66,333 £1,089 3
2018£15,000 £174 1
2017£263,0002
2015£425,0001

House Type in ME1 2TN area

The most common house types in the ME1 2TN postcode area are Semi-detached (62), Terraced (27), and Detached (20).

Total116
Semi-detached62
Terraced27
Detached20
Flat6
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (50), and Owned: Owns with a mortgage or loan (43).

Owned: Owns outright50
Owned: Owns with a mortgage or loan43
Private rented: Private landlord or letting agency10
Social rented: Other social rented9
Private rented: Other private rented3
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0

Number of People in a Household

The most houses in the ME1 2TN have 3 people in household (33), and 1 person in household (29).

3 people in household33
1 person in household29
2 people in household27
4 people in household22
5 people in household4
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0