Housing Market Analysis for PENNANT ROAD, ME1 2XT

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

Overview of Sold House prices

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

Terraced
- The average price is around £151,368 median price is £145,500 Standard Deviation is £71,266 with Total Sold: 17
- The Last 5 Year average price is £254,812 with Total Sold: 4
- The most recent sale happened at this postcode is 68 PENNANT ROAD: £290,000 (Sold on 02 Jun 2023)
- The first recorded sale happened at this postcode is 43 PENNANT ROAD: £47,000 (Sold on 07 Mar 1997)
Semi-Detached
- The average price is around £145,183 median price is £143,000 Standard Deviation is £85,637 with Total Sold: 18
- The Last 5 Year average price is £286,333 with Total Sold: 3
- The most recent sale happened at this postcode is 54 PENNANT ROAD: £365,000 (Sold on 07 Dec 2022)
- The first recorded sale happened at this postcode is 71 PENNANT ROAD: £44,000 (Sold on 07 Apr 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average ME1 2XT 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	£265,000	£4,160	2
2021	£249,250	£3,155	1
2020	£240,000	£3,810	1
2018	£195,000	£3,047	1
2015	£167,500	£2,302	2
2011	£122,000	£1,890	1
2010	£132,750	£1,865	2
2008	£163,000		1
2005	£115,000	£1,825	1
2004	£97,250		2
2000	£68,000	£1,053	1
1999	£49,000	£766	1
1997	£47,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£365,000	£4,620	1
2021	£250,000	£3,103	1
2020	£244,000	£3,089	1
2016	£226,000	£2,790	1
2015	£191,500	£2,455	1
2012	£146,500	£1,836	2
2008	£166,750	£1,837	2
2004	£165,000	£2,115	1
2003	£120,000	£1,062	1
2001	£90,000	£1,139	1
2000	£72,500	£929	1
1998	£59,995		1
1997	£51,500	£652	2
1995	£49,900	£706	2

All the Sales in the PENNANT ROAD, ME1 2XT

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

Address	Sold Date	Price	% Change
68 PENNANT ROADTerraced, FreeholdArea: 63 Sq.mtrAge: 1950-1966	02 Jun 2023	£290,000	20.83%
	18 Dec 2020	£240,000	29.73%
	28 Oct 2015	£185,000	60.87%
	07 Feb 2005	£115,000	First Sale
50 PENNANT ROADTerraced, FreeholdArea: 64.56 Sq.mtrAge: 1950-1966	13 Jan 2023	£240,000	96.72%
	28 Oct 2011	£122,000	1.67%
	26 Feb 2010	£120,000	76.47%
	04 Aug 2000	£68,000	First Sale
54 PENNANT ROADSemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1930-1949	07 Dec 2022	£365,000	305.56%
	16 May 2001	£90,000	61.29%
	22 Dec 1995	£55,800	First Sale
65 PENNANT ROADSemi-Detached, FreeholdArea: 80.58 Sq.mtrAge: 1950-1966	03 Mar 2021	£250,000	68.92%
	15 Dec 2008	£148,000	First Sale
41 PENNANT ROADTerraced, FreeholdArea: 79 Sq.mtrAge: 1950-1966	05 Feb 2021	£249,250	First Sale
51 PENNANT ROADSemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1950-1966	04 May 2020	£244,000	First Sale
58 PENNANT ROADTerraced, FreeholdArea: 64 Sq.mtrAge: 1950-1966	17 Apr 2018	£195,000	297.96%
	27 Aug 1999	£49,000	First Sale
73 PENNANT ROADSemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1950-1966	28 Oct 2016	£226,000	First Sale
46 PENNANT ROADTerraced, FreeholdArea: 90 Sq.mtrAge: 1930-1949	15 Apr 2015	£150,000	First Sale
75 PENNANT ROADSemi-Detached, FreeholdArea: 78 Sq.mtrAge: 1950-1966	20 Jan 2015	£191,500	16.06%
	19 Nov 2004	£165,000	127.59%
	18 Aug 2000	£72,500	First Sale
74 PENNANT ROADSemi-Detached, FreeholdArea: 80.51 Sq.mtrAge: 1950-1966	15 Jun 2012	£155,000	29.17%
	18 Sep 2003	£120,000	First Sale
78 PENNANT ROADSemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1930-1949	23 Mar 2012	£138,000	First Sale
47 PENNANT ROADTerraced, FreeholdArea: 77.72 Sq.mtrAge: 1950-1966	14 Apr 2010	£145,500	First Sale
43 PENNANT ROADTerraced, Freehold	11 Apr 2008	£163,000	33.06%
	21 Dec 2004	£122,500	160.64%
	07 Mar 1997	£47,000	First Sale
71 PENNANT ROADSemi-Detached, Freehold	01 Feb 2008	£185,500	209.19%
	17 Aug 1998	£59,995	36.35%
	07 Apr 1995	£44,000	First Sale
64 PENNANT ROADTerraced, Freehold	19 Apr 2004	£72,000	First Sale
76 PENNANT ROADSemi-Detached, FreeholdArea: 89 Sq.mtrAge: 1930-1949	30 Jun 1997	£58,000	First Sale
52 PENNANT ROADSemi-Detached, Freehold	27 Mar 1997	£45,000	First Sale

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

PENNANT ROAD, ME1 2XT Near By properties

Interactive Map

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

Terraced
- The average price is around £152,895 median price is £142,250 Standard Deviation is £77,949 with Total Sold: 534
- The Last 5 Year average price is £261,994 with Total Sold: 96
- 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)
Semi-Detached
- The average price is around £177,589 median price is £163,500 Standard Deviation is £93,719 with Total Sold: 417
- The Last 5 Year average price is £298,571 with Total Sold: 79
- The most recent sale happened at this postcode is , 2 WAKE ROAD: £290,000 (Sold on 31 May 2024)
- The first recorded sale happened at this postcode is , 1 KENT CLOSE: £70,000 (Sold on 27 Jan 1995)
Detached
- The average price is around £274,096 median price is £250,000 Standard Deviation is £124,743 with Total Sold: 201
- The Last 5 Year average price is £458,986 with Total Sold: 37
- 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 , UPPER DELCE FARM MAIDSTONE ROAD: £99,333 (Sold on 31 Mar 1995)
Flat
- The average price is around £94,492 median price is £90,500 Standard Deviation is £44,721 with Total Sold: 83
- The Last 5 Year average price is £174,950 with Total Sold: 10
- The most recent sale happened at this postcode is , 23 ASSOCIATION WALK: £147,500 (Sold on 26 Jan 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 £984,367 median price is £504,000 Standard Deviation is £1,597,357 with Total Sold: 27
- The Last 5 Year average price is £1,066,959 with Total Sold: 18
- The most recent sale happened at this postcode is UNIT 14, ROCHESTER TRADE PARK ROCHESTER AIRPORT INDUSTRIAL ESTATE: £7,855,000 (Sold on 17 Jul 2023)
- The first recorded sale happened at this postcode is UNIT 22, ROCHESTER TRADE PARK ROCHESTER AIRPORT INDUSTRIAL ESTATE: £360,000 (Sold on 24 Dec 2014)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£291,165	£3,678	4
2023	£299,792	£3,737	12
2022	£276,706	£3,714	17
2021	£243,930	£2,945	25
2020	£257,999	£3,121	14
2019	£248,958	£3,136	24
2018	£240,750	£3,060	26
2017	£228,156	£2,942	16
2016	£213,823	£2,673	20
2015	£179,400	£2,339	25
2014	£164,222	£2,105	18
2013	£155,175	£1,879	20
2012	£136,250	£1,822	13
2011	£141,250	£1,823	10
2010	£135,632	£1,822	19
2009	£127,769	£1,577	13
2008	£141,571	£1,673	14
2007	£150,304	£1,969	23
2006	£142,285	£1,977	14
2005	£134,805	£1,889	18
2004	£115,519	£1,703	26
2003	£111,418	£1,425	22
2002	£92,860	£1,270	22
2001	£76,003	£1,009	31
2000	£66,261	£869	20
1999	£60,967	£767	17
1998	£49,285	£640	14
1997	£41,042	£530	12
1996	£40,743	£591	14
1995	£46,927	£695	11

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£319,750		4
2023	£341,538	£4,228	13
2022	£321,357	£4,268	7
2021	£292,575	£3,520	21
2020	£289,405	£3,524	21
2019	£261,308	£3,252	13
2018	£285,219	£3,344	16
2017	£286,867	£3,520	15
2016	£236,038	£3,073	13
2015	£213,909	£2,569	17
2014	£190,267	£2,355	15
2013	£160,800	£2,044	10
2012	£144,360	£1,926	10
2011	£172,736	£1,901	11
2010	£176,286	£2,248	7
2009	£149,531	£2,070	16
2008	£170,944	£2,034	9
2007	£179,781	£2,111	16
2006	£163,875	£1,884	20
2005	£148,200	£1,749	13
2004	£147,794	£1,663	17
2003	£136,868	£1,585	19
2002	£124,099	£1,374	15
2001	£93,746	£1,031	17
2000	£84,792	£905	13
1999	£71,937	£738	8
1998	£58,156	£719	17
1997	£61,960	£606	19
1996	£57,962	£685	13
1995	£56,608	£603	12

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£431,250	£3,467	4
2023	£506,429	£4,816	7
2022	£492,889	£5,149	9
2021	£448,500	£4,434	6
2020	£426,050	£4,076	10
2019	£325,000	£4,114	1
2018	£387,500	£3,841	3
2017	£385,278	£3,847	9
2016	£368,562	£3,680	8
2015	£335,417	£3,591	6
2014	£313,667	£2,962	6
2013	£286,833	£2,458	6
2012	£247,875	£2,621	8
2011	£234,167	£2,316	6
2010	£255,786	£2,526	7
2009	£234,399	£2,133	5
2008	£284,125	£2,749	4
2007	£244,000	£2,383	9
2006	£253,389	£2,479	9
2005	£232,600		5
2004	£243,921	£2,287	7
2003	£224,149	£2,300	10
2002	£213,499	£2,140	7
2001	£154,250	£1,437	12
2000	£164,417	£1,346	6
1999	£135,061	£1,498	8
1998	£121,874	£1,139	4
1997	£116,045	£967	10
1996	£84,849	£736	5
1995	£89,158	£783	4

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£147,500	£2,682	1
2022	£186,167	£2,979	6
2021	£170,000	£3,074	2
2019	£145,000	£2,918	1
2018	£165,000	£2,661	1
2017	£145,000	£2,816	3
2016	£130,667	£2,572	3
2015	£111,167	£2,307	6
2014	£98,500	£1,859	6
2013	£91,333	£2,043	3
2012	£78,000	£2,170	1
2011	£71,250	£1,717	4
2010	£87,000	£1,475	1
2009	£88,750	£2,656	2
2008	£141,500	£2,032	2
2007	£93,667	£1,831	3
2006	£91,400	£1,952	5
2005	£94,238	£2,047	4
2004	£97,000	£2,205	1
2003	£86,166	£1,863	6
2002	£67,188	£1,653	5
2001	£51,248	£837	2
2000	£40,000	£734	2
1999	£32,499	£560	4
1998	£34,000	£541	2
1997	£22,000	£440	1
1996	£32,000	£727	1
1995	£31,900	£872	5

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£7,855,000		1
2021	£227,250		2
2020	£307,400	£1,089	5
2019	£935,876		10
2018	£100	£1	1
2017	£957,136		4
2016	£1,061,333	£4,500	3
2014	£360,000		1

House Type in ME1 2XT area

The most common house types in the ME1 2XT postcode area are Terraced (65), Semi-detached (41), and Detached (3).

Total	110
Terraced	65
Semi-detached	41
Detached	3
Flat	1
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 (41), and Social rented: Other social rented (23).

Owned: Owns with a mortgage or loan	41
Social rented: Other social rented	23
Owned: Owns outright	22
Private rented: Private landlord or letting agency	14
Social rented: Rents from council or Local Authority	4
Shared ownership: Shared ownership	3
Private rented: Other private rented	2
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the ME1 2XT have 2 people in household (40), and 3 people in household (28).

2 people in household	40
3 people in household	28
1 person in household	20
4 people in household	10
6 people in household	6
5 people in household	5
7 people in household	1
0 people in household	0
8 or more people in household	0