Housing Market Analysis for BINNACLE ROAD, ME1 2XP

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

Overview of Sold House prices

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

Terraced
- The average price is around £138,588 median price is £128,750 Standard Deviation is £72,428 with Total Sold: 40
- The Last 5 Year average price is £263,333 with Total Sold: 6
- The most recent sale happened at this postcode is 20 BINNACLE ROAD: £355,000 (Sold on 24 Feb 2023)
- The first recorded sale happened at this postcode is 24 BINNACLE ROAD: £43,000 (Sold on 12 Jun 1998)
Semi-Detached
- The average price is around £230,722 median price is £210,000 Standard Deviation is £95,057 with Total Sold: 9
- The Last 5 Year average price is £306,667 with Total Sold: 3
- The most recent sale happened at this postcode is 5 BINNACLE ROAD: £320,000 (Sold on 24 Oct 2019)
- The first recorded sale happened at this postcode is 16 BINNACLE ROAD: £390,000 (Sold on 16 Feb 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average ME1 2XP 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£355,000	£3,698	1
2022	£315,000	£5,000	1
2021	£206,000	£3,207	2
2019	£249,000	£3,448	2
2018	£257,000	£3,340	2
2014	£137,500	£2,236	3
2013	£125,000	£1,960	1
2012	£136,417	£2,102	3
2010	£129,250	£2,172	2
2009	£123,750	£2,154	2
2007	£142,500	£2,193	1
2006	£146,333	£2,126	3
2005	£120,000	£1,900	2
2004	£125,000	£1,923	1
2003	£116,000	£1,739	2
2002	£84,332	£1,177	3
2001	£72,869	£1,118	5
1999	£54,225		2
1998	£46,250	£694	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£265,000	£3,281	2
2018	£315,000		1
2017	£281,000	£2,897	1
2013	£137,000	£2,108	1
2012	£171,500	£2,488	1
2005	£168,995	£1,363	1
2002	£83,000	£1,288	1
2024	£390,000		1

All the Sales in the BINNACLE ROAD, ME1 2XP

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

Address	Sold Date	Price	% Change
20 BINNACLE ROADTerraced, FreeholdArea: 96 Sq.mtrAge: 1950-1966	24 Feb 2023	£355,000	25.89%
	16 Mar 2018	£282,000	First Sale
46 BINNACLE ROADTerraced, FreeholdArea: 63 Sq.mtrAge: 1950-1966	29 Sep 2022	£315,000	350.00%
	29 Jun 2001	£70,000	12.27%
	09 Feb 2001	£62,350	First Sale
80 BINNACLE ROADTerraced, FreeholdArea: 64.44 Sq.mtrAge: 1950-1966	30 Jun 2021	£215,000	48.28%
	24 Oct 2014	£145,000	74.70%
	14 Jun 2002	£83,000	First Sale
2 BINNACLE ROADTerraced, FreeholdArea: 64 Sq.mtrAge: 1950-1966	11 Feb 2021	£197,000	First Sale
5 BINNACLE ROADSemi-Detached, Freehold	24 Oct 2019	£320,000	1.59%
5 BINNACLE ROADSemi-Detached, Freehold	12 Oct 2018	£315,000	First Sale
56 BINNACLE ROADTerraced, FreeholdArea: 79 Sq.mtrAge: 1950-1966	27 Sep 2019	£281,000	202.15%
	05 Apr 2002	£93,000	First Sale
98 BINNACLE ROADSemi-Detached, FreeholdArea: 64 Sq.mtrAge: 1950-1966	03 May 2019	£210,000	First Sale
92 BINNACLE ROADTerraced, FreeholdArea: 65 Sq.mtrAge: 1930-1949	18 Apr 2019	£217,000	First Sale
24 BINNACLE ROADTerraced, FreeholdArea: 62 Sq.mtrAge: 1950-1966	08 Jan 2018	£232,000	65.71%
	27 Jul 2012	£140,000	12.00%
	23 Mar 2005	£125,000	9.17%
	28 Mar 2003	£114,500	166.28%
	12 Jun 1998	£43,000	First Sale
96 BINNACLE ROADSemi-Detached, FreeholdArea: 97 Sq.mtrAge: 1930-1949	19 Dec 2017	£281,000	66.28%
	31 Aug 2005	£168,995	First Sale
26 BINNACLE ROADTerraced, FreeholdArea: 61 Sq.mtrAge: 1950-1966	08 Sep 2014	£135,000	First Sale
22 BINNACLE ROADTerraced, FreeholdArea: 59 Sq.mtrAge: 1950-1966	23 Jan 2014	£132,500	First Sale
100 BINNACLE ROADSemi-Detached, FreeholdArea: 65 Sq.mtrAge: 1950-1966	16 Dec 2013	£137,000	First Sale
10 BINNACLE ROADTerraced, FreeholdArea: 63.76 Sq.mtrAge: 1950-1966	18 Mar 2013	£125,000	1.63%
	29 Jul 2010	£123,000	First Sale
40 BINNACLE ROADSemi-Detached, FreeholdArea: 68.92 Sq.mtrAge: 1950-1966	23 Mar 2012	£171,500	First Sale
86 BINNACLE ROADTerraced, FreeholdArea: 64.45 Sq.mtrAge: 1950-1966	24 Feb 2012	£133,000	15.65%
	29 Jul 2005	£115,000	First Sale
66 BINNACLE ROADTerraced, FreeholdArea: 68.68 Sq.mtrAge: 1950-1966	31 Jan 2012	£136,250	-7.31%
	31 Mar 2006	£147,000	First Sale
42 BINNACLE ROADTerraced, FreeholdArea: 56.1 Sq.mtrAge: 1950-1966	06 Aug 2010	£135,500	75.97%
	05 Sep 2001	£77,000	First Sale
72 BINNACLE ROADTerraced, FreeholdArea: 64.99 Sq.mtrAge: 1950-1966	16 Oct 2009	£140,000	-1.75%
	17 May 2007	£142,500	14.00%
	05 Jul 2004	£125,000	92.31%
	07 Dec 2001	£65,000	First Sale
84 BINNACLE ROADTerraced, Freehold	16 Feb 2009	£107,500	First Sale
78 BINNACLE ROADTerraced, Freehold	02 Oct 2006	£140,000	First Sale
36 BINNACLE ROADTerraced, FreeholdArea: 72 Sq.mtrAge: 1950-1966	21 Aug 2006	£152,000	29.36%
	04 Apr 2003	£117,500	First Sale
54 BINNACLE ROADTerraced, Freehold	21 Jun 2002	£60,000	First Sale
58 BINNACLE ROADTerraced, Freehold	17 May 2002	£99,995	First Sale
44 BINNACLE ROADTerraced, Freehold	25 May 2001	£89,995	First Sale
38 BINNACLE ROADTerraced, Freehold	13 Oct 1999	£56,500	First Sale
12 BINNACLE ROADTerraced, Freehold	01 Jun 1999	£51,950	First Sale
30 BINNACLE ROADTerraced, Freehold	17 Jul 1998	£49,500	First Sale
16 BINNACLE ROADSemi-Detached, Freehold	16 Feb 2024	£390,000	First Sale

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

BINNACLE ROAD, ME1 2XP Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £172,033 median price is £158,000 Standard Deviation is £91,183 with Total Sold: 896
- The Last 5 Year average price is £298,900 with Total Sold: 149
- The most recent sale happened at this postcode is , 73 FLEET ROAD: £362,500 (Sold on 19 Aug 2024)
- The first recorded sale happened at this postcode is , 1 KENT CLOSE: £70,000 (Sold on 27 Jan 1995)
Terraced
- The average price is around £150,072 median price is £140,000 Standard Deviation is £82,599 with Total Sold: 702
- The Last 5 Year average price is £269,966 with Total Sold: 115
- 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 , 477 MAIDSTONE ROAD: £49,500 (Sold on 13 Jan 1995)
Flat
- The average price is around £95,084 median price is £92,000 Standard Deviation is £47,126 with Total Sold: 149
- The Last 5 Year average price is £150,698 with Total Sold: 24
- The most recent sale happened at this postcode is , 9 SUMMERSON CLOSE: £117,500 (Sold on 31 May 2024)
- The first recorded sale happened at this postcode is FLAT 4, TADLEY COURT BINNACLE ROAD: £33,000 (Sold on 30 Jun 1995)
Detached
- The average price is around £262,850 median price is £249,995 Standard Deviation is £131,139 with Total Sold: 147
- The Last 5 Year average price is £479,575 with Total Sold: 20
- The most recent sale happened at this postcode is , 18 ARETHUSA ROAD: £420,000 (Sold on 09 Feb 2024)
- The first recorded sale happened at this postcode is , UPPER DELCE FARM MAIDSTONE ROAD: £99,333 (Sold on 31 Mar 1995)
Other
- The average price is around £331,700 median price is £99,000 Standard Deviation is £670,433 with Total Sold: 10
- The Last 5 Year average price is £53,600 with Total Sold: 5
- The most recent sale happened at this postcode is , 70A THE FAIRWAY: £67,500 (Sold on 18 Apr 2023)
- The first recorded sale happened at this postcode is , 70A THE FAIRWAY: £105,000 (Sold on 03 Jul 2015)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£336,438		8
2023	£327,370	£4,021	23
2022	£314,304	£3,916	23
2021	£300,912	£3,704	39
2020	£295,214	£3,459	28
2019	£253,018	£3,247	28
2018	£279,132	£3,320	34
2017	£269,662	£3,490	28
2016	£236,136	£3,106	33
2015	£210,365	£2,616	41
2014	£200,550	£2,415	40
2013	£155,479	£2,078	24
2012	£151,080	£1,918	20
2011	£161,736	£1,918	28
2010	£165,250	£2,014	18
2009	£143,846	£1,998	26
2008	£172,646	£2,005	24
2007	£178,158	£2,115	41
2006	£164,795	£1,790	39
2005	£141,606	£1,815	23
2004	£145,624	£1,732	32
2003	£134,145	£1,679	38
2002	£114,235	£1,312	34
2001	£90,094	£1,026	39
2000	£79,194	£931	34
1999	£68,274	£739	34
1998	£63,662	£769	36
1997	£62,233	£693	33
1996	£50,962	£608	26
1995	£52,602	£661	22

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£297,094	£4,123	7
2023	£296,776	£3,798	19
2022	£292,850	£3,849	20
2021	£263,142	£3,159	30
2020	£245,411	£3,185	17
2019	£245,655	£3,266	22
2018	£243,880	£3,149	27
2017	£231,393	£2,930	28
2016	£226,148	£2,795	20
2015	£172,946	£2,432	28
2014	£164,083	£2,244	24
2013	£146,592	£1,805	24
2012	£133,750	£1,832	11
2011	£149,647	£1,905	17
2010	£132,909	£1,795	22
2009	£112,521	£1,536	21
2008	£120,946	£1,826	31
2007	£148,358	£2,065	29
2006	£146,240	£2,017	25
2005	£139,453	£1,868	24
2004	£125,815	£1,756	38
2003	£120,601	£1,555	26
2002	£92,675	£1,269	31
2001	£76,018	£1,040	32
2000	£67,594	£916	29
1999	£57,008	£756	23
1998	£53,905	£794	21
1997	£45,375	£579	20
1996	£42,752	£553	21
1995	£42,080	£573	15

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£116,083	£2,682	3
2023	£134,125	£2,752	4
2022	£186,167	£2,979	6
2021	£144,643	£2,675	7
2019	£150,625	£2,488	4
2018	£168,800	£7,633	5
2017	£129,542	£2,161	6
2016	£132,643	£2,225	7
2015	£107,861	£4,844	9
2014	£96,523	£1,931	11
2013	£91,333	£2,043	3
2012	£96,000	£1,763	4
2011	£68,400	£1,717	5
2010	£87,000	£1,475	1
2009	£75,352	£7,570	6
2008	£96,700	£1,949	3
2007	£100,333	£2,013	6
2006	£89,062	£1,804	8
2005	£88,908	£2,052	6
2004	£74,000	£1,711	3
2003	£78,611	£1,601	9
2002	£66,024	£1,542	8
2001	£51,248	£837	2
2000	£34,279	£727	7
1999	£32,699	£602	5
1998	£31,000	£580	3
1997	£21,625	£440	2
1996	£32,000	£727	1
1995	£31,900	£872	5

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£420,000		1
2023	£526,000	£4,944	5
2022	£415,000	£5,079	3
2021	£522,500	£4,015	4
2020	£458,071	£4,239	7
2018	£408,750	£3,861	2
2017	£369,938	£3,712	8
2016	£385,500	£4,190	3
2015	£288,333	£3,111	3
2014	£326,125	£2,976	8
2013	£266,400	£2,745	5
2012	£292,666	£2,660	3
2011	£244,667	£2,407	6
2010	£235,250	£2,486	6
2009	£231,332	£2,133	3
2008	£247,786	£2,310	5
2007	£285,286	£2,459	7
2006	£243,833	£2,648	6
2005	£221,500	£2,058	5
2004	£246,300	£2,437	5
2003	£236,214	£1,866	7
2002	£194,500	£1,751	6
2001	£164,500	£1,325	4
2000	£182,700	£1,424	5
1999	£136,166	£1,298	6
1998	£134,749	£1,139	4
1997	£125,250	£955	8
1996	£89,805	£839	9
1995	£86,778		3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£67,500		1
2021	£1,500		1
2020	£66,333	£1,089	3
2018	£15,000	£174	1
2017	£125,000		1
2016	£1,402,000	£4,500	2
2015	£105,000	£1,361	1

House Type in ME1 2XP area

The most common house types in the ME1 2XP postcode area are Semi-detached (59), Terraced (41), and Flat (12).

Total	114
Semi-detached	59
Terraced	41
Flat	12
Detached	2
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (38), and Owned: Owns outright (33).

Owned: Owns with a mortgage or loan	38
Owned: Owns outright	33
Social rented: Other social rented	31
Private rented: Private landlord or letting agency	10
Social rented: Rents from council or Local Authority	3
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the ME1 2XP have 2 people in household (35), and 1 person in household (33).

2 people in household	35
1 person in household	33
3 people in household	23
4 people in household	15
5 people in household	7
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0