Housing Market Analysis for DEMELZA CLOSE, ME2 1ED

Are you looking to understand ME2 1ED 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 ME2 1ED area, explore the ME2 1ED Area information page.
For comprehensive crime statistics in the ME2 1ED area, explore the ME2 1ED Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME2 1ED postcode area, The average prices are as follows,

Terraced
- The average price is around £230,000 median price is £197,500 Standard Deviation is £56,446 with Total Sold: 20
- The Last 5 Year average price is £315,375 with Total Sold: 4
- The most recent sale happened at this postcode is 18 DEMELZA CLOSE: £338,000 (Sold on 28 Jan 2022)
- The first recorded sale happened at this postcode is 6 DEMELZA CLOSE: £173,995 (Sold on 25 Jun 2004)
Detached
- The average price is around £434,500 median price is £434,500 Standard Deviation is £105,500 with Total Sold: 2
- The Last 5 Year average price is £540,000 with Total Sold: 1
- The most recent sale happened at this postcode is 1 DEMELZA CLOSE: £540,000 (Sold on 10 May 2019)
- The first recorded sale happened at this postcode is 1 DEMELZA CLOSE: £329,000 (Sold on 28 Oct 2004)
Semi-Detached
- The average price is around £222,622 median price is £203,998 Standard Deviation is £46,979 with Total Sold: 12
- The most recent sale happened at this postcode is 3 DEMELZA CLOSE: £305,000 (Sold on 21 Sep 2018)
- The first recorded sale happened at this postcode is 7 DEMELZA CLOSE: £175,995 (Sold on 23 Jun 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average ME2 1ED 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
2022	£338,000	£4,447	1
2021	£311,750	£3,990	2
2019	£300,000	£3,846	1
2018	£315,000	£2,812	1
2017	£238,500	£3,138	1
2016	£290,000	£3,412	1
2014	£220,000	£2,821	1
2007	£222,000		1
2004	£186,636	£2,249	11

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£540,000	£3,103	1
2004	£329,000	£1,891	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£315,500	£3,670	2
2014	£240,000	£2,824	1
2012	£202,000	£2,376	1
2011	£220,000	£2,630	1
2004	£196,924	£2,386	7

All the Sales in the DEMELZA CLOSE, ME2 1ED

See the table below for more details on the sold house prices in the ME2 1ED, Medway postcode.

Address	Sold Date	Price	% Change
18 DEMELZA CLOSETerraced, FreeholdArea: 76 Sq.mtrAge: 2003-2006	28 Jan 2022	£338,000	87.78%
	06 Oct 2004	£180,000	First Sale
19 DEMELZA CLOSETerraced, FreeholdArea: 81 Sq.mtrAge: 1996-2002	04 Oct 2021	£336,500	86.94%
	26 Nov 2004	£180,000	First Sale
20 DEMELZA CLOSETerraced, FreeholdArea: 75 Sq.mtrAge: 2003-2006	16 Apr 2021	£287,000	59.44%
	18 Oct 2004	£180,000	First Sale
6 DEMELZA CLOSETerraced, FreeholdArea: 78 Sq.mtrAge: 2003-2006	27 Jun 2019	£300,000	36.36%
	01 Aug 2014	£220,000	26.44%
	25 Jun 2004	£173,995	First Sale
1 DEMELZA CLOSEDetached, FreeholdArea: 174 Sq.mtrAge: 2003-2006	10 May 2019	£540,000	64.13%
	28 Oct 2004	£329,000	First Sale
3 DEMELZA CLOSESemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1996-2002	21 Sep 2018	£305,000	74.29%
	24 Jun 2004	£174,995	First Sale
5 DEMELZA CLOSESemi-Detached, FreeholdArea: 98 Sq.mtrAge: 2003-2006	28 Jun 2018	£326,000	71.58%
	28 Jun 2004	£189,995	First Sale
27 DEMELZA CLOSETerraced, FreeholdArea: 112 Sq.mtrAge: 2003-2006	25 Jan 2018	£315,000	59.90%
	15 Nov 2004	£197,000	First Sale
25 DEMELZA CLOSETerraced, FreeholdArea: 76 Sq.mtrAge: 2003-2006	23 Jan 2017	£238,500	32.50%
	29 Oct 2004	£180,000	First Sale
14 DEMELZA CLOSETerraced, FreeholdArea: 85 Sq.mtrAge: 2003-2006	18 Mar 2016	£290,000	46.84%
	29 Sep 2004	£197,500	First Sale
4 DEMELZA CLOSESemi-Detached, FreeholdArea: 85 Sq.mtrAge: 2003-2006	17 Oct 2014	£240,000	-2.83%
	25 Jun 2004	£246,990	First Sale
26 DEMELZA CLOSESemi-Detached, FreeholdArea: 85 Sq.mtrAge: 2003-2006	05 Jul 2012	£202,000	2.28%
	17 Nov 2004	£197,500	First Sale
12 DEMELZA CLOSESemi-Detached, FreeholdArea: 83.64 Sq.mtrAge: 2003-2006	18 Feb 2011	£220,000	11.39%
	28 Sep 2004	£197,500	First Sale
17 DEMELZA CLOSETerraced, Freehold	20 Feb 2007	£222,000	13.85%
17 DEMELZA CLOSETerraced, Freehold	27 Oct 2004	£195,000	First Sale
28 DEMELZA CLOSESemi-Detached, Freehold	06 Dec 2004	£187,000	First Sale
21 DEMELZA CLOSETerraced, Freehold	29 Oct 2004	£180,000	First Sale
22 DEMELZA CLOSETerraced, Freehold	22 Oct 2004	£192,000	First Sale
2 DEMELZA CLOSESemi-Detached, Freehold	23 Jun 2004	£205,995	First Sale
7 DEMELZA CLOSESemi-Detached, FreeholdArea: 72.66 Sq.mtr	23 Jun 2004	£175,995	First Sale

Check out the sold house prices near the ME2 1ED postcode. Properties currently for saleProperties currently for rent

DEMELZA CLOSE, ME2 1ED Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME2 1ED 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 ME2 1ED postcode.

Semi-Detached
- The average price is around £212,768 median price is £202,000 Standard Deviation is £99,518 with Total Sold: 329
- The Last 5 Year average price is £354,194 with Total Sold: 58
- The most recent sale happened at this postcode is , 21 WHITE LEAVES RISE: £410,000 (Sold on 12 Sep 2024)
- The first recorded sale happened at this postcode is , 140 CHARLES DRIVE: £55,500 (Sold on 31 Mar 1995)
Terraced
- The average price is around £184,601 median price is £183,000 Standard Deviation is £80,411 with Total Sold: 69
- The Last 5 Year average price is £302,208 with Total Sold: 12
- The most recent sale happened at this postcode is , 148 CHARLES DRIVE: £315,000 (Sold on 12 Feb 2024)
- The first recorded sale happened at this postcode is , 22 NINE ACRES ROAD: £52,000 (Sold on 19 May 1995)
Detached
- The average price is around £318,212 median price is £325,000 Standard Deviation is £137,486 with Total Sold: 92
- The Last 5 Year average price is £531,944 with Total Sold: 9
- The most recent sale happened at this postcode is , 84A BUSH ROAD: £740,000 (Sold on 31 Jan 2023)
- The first recorded sale happened at this postcode is , 178 BUSH ROAD: £98,500 (Sold on 31 Mar 1995)
Flat
- The average price is around £117,000 median price is £117,000 Standard Deviation is £50,036 with Total Sold: 5
- The most recent sale happened at this postcode is , 68A BUSH ROAD: £200,000 (Sold on 20 Apr 2018)
- The first recorded sale happened at this postcode is , 68A BUSH ROAD: £43,000 (Sold on 13 Jan 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£385,000	£4,302	4
2023	£393,125	£4,027	12
2022	£436,850	£4,585	5
2021	£342,167	£3,565	15
2020	£330,333	£3,379	9
2019	£307,385	£3,391	13
2018	£311,591	£3,187	11
2017	£303,156	£3,409	16
2016	£289,192	£2,982	13
2015	£235,125	£2,663	8
2014	£235,455	£2,565	11
2013	£227,857	£2,434	14
2012	£183,786	£2,193	7
2011	£198,545	£2,145	10
2010	£183,108	£1,938	10
2009	£187,000	£2,069	8
2008	£241,000	£2,787	2
2007	£203,531	£2,142	16
2006	£213,733	£1,824	18
2005	£199,154	£2,095	8
2004	£180,793	£1,959	22
2003	£157,181	£1,809	11
2002	£150,624	£1,599	12
2001	£119,866	£1,026	15
2000	£99,900	£949	10
1999	£86,999	£901	14
1998	£79,812	£766	8
1997	£68,856	£710	14
1996	£66,714	£580	7
1995	£63,749	£611	6

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£315,000	£3,750	1
2023	£310,000	£4,079	1
2022	£329,000	£4,509	2
2021	£311,750	£3,990	2
2020	£290,000	£3,282	2
2019	£285,000	£3,131	4
2018	£315,000	£2,812	1
2017	£238,500	£3,138	1
2016	£260,000	£3,349	2
2014	£217,500	£2,135	4
2011	£155,000	£1,975	2
2010	£183,000	£1,448	1
2008	£150,000		1
2007	£209,667	£1,936	6
2006	£192,499	£1,673	5
2004	£183,035	£2,249	14
2003	£156,332	£2,615	3
2002	£105,000		1
2000	£75,833	£826	3
1999	£74,099	£791	5
1998	£76,750		2
1997	£73,000	£615	2
1995	£67,500	£788	4

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£650,000	£6,095	2
2022	£625,000	£3,720	1
2021	£464,167	£3,879	3
2020	£545,000	£3,539	1
2019	£462,500	£3,226	2
2018	£553,183	£4,624	3
2017	£421,000	£3,940	5
2016	£470,000	£3,267	2
2015	£307,000	£3,413	2
2014	£370,000	£2,761	1
2013	£385,000	£2,613	2
2012	£383,750	£2,437	4
2011	£233,750	£2,115	2
2010	£382,375	£2,501	4
2009	£215,000	£2,044	1
2008	£322,000	£1,915	2
2007	£324,250	£2,329	4
2006	£328,333		3
2005	£224,000	£1,948	1
2004	£315,734	£2,293	17
2003	£292,860	£2,112	11
2001	£175,832	£868	3
2000	£137,167	£868	3
1999	£172,500	£1,173	1
1998	£175,833	£987	3
1997	£108,500	£789	4
1996	£87,000	£613	2
1995	£98,833	£710	3

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£200,000	£2,326	1
2010	£120,000		1
2004	£105,000	£1,221	1
2002	£117,000	£1,360	1
1995	£43,000	£500	1

House Type in ME2 1ED area

The most common house types in the ME2 1ED postcode area are Detached (94), Semi-detached (56), and Terraced (31).

Total	184
Detached	94
Semi-detached	56
Terraced	31
temporary structure	3
Flat	0
Shared house	0
converted building	0
commercial building	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (91), and Owned: Owns with a mortgage or loan (82).

Owned: Owns outright	91
Owned: Owns with a mortgage or loan	82
Private rented: Private landlord or letting agency	9
Private rented: Other private rented	2
Social rented: Rents from council or Local Authority	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the ME2 1ED have 2 people in household (75), and 4 people in household (41).

2 people in household	75
4 people in household	41
3 people in household	29
1 person in household	27
5 people in household	8
6 people in household	4
7 people in household	1
0 people in household	0
8 or more people in household	0