Housing Market Analysis for ME2 1HR

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £560,000 median price is £560,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £560,000 with Total Sold: 1
    • The most recent sale happened at this postcode is PRINGS COTTAGE PILGRIMS ROAD: £560,000 (Sold on 31 Oct 2023)
    • The first recorded sale happened at this postcode is PRINGS COTTAGE PILGRIMS ROAD: £560,000 (Sold on 31 Oct 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average ME2 1HR 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£560,000 £4,275 1

All the Sales in the ME2 1HR

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

AddressSold DatePrice% Change
PRINGS COTTAGE PILGRIMS ROADDetached, FreeholdArea: 131 Sq.mtrAge: before 190031 Oct 2023£560,000First Sale

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

ME2 1HR Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £170,851 median price is £155,000 Standard Deviation is £104,372 with Total Sold: 65
    • The Last 5 Year average price is £320,000 with Total Sold: 11
    • The most recent sale happened at this postcode is , 61 THE STREET: £400,000 (Sold on 06 Feb 2024)
    • The first recorded sale happened at this postcode is , 2 HILLS PLACE: £48,000 (Sold on 25 Jan 1995)
  • Detached
    • The average price is around £302,000 median price is £240,000 Standard Deviation is £152,581 with Total Sold: 11
    • The Last 5 Year average price is £527,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , PRINGS COTTAGE PILGRIMS ROAD: £560,000 (Sold on 31 Oct 2023)
    • The first recorded sale happened at this postcode is , MAYFIELD THE STREET: £122,000 (Sold on 01 Dec 1998)
  • Terraced
    • The average price is around £154,509 median price is £150,000 Standard Deviation is £83,740 with Total Sold: 139
    • The Last 5 Year average price is £285,524 with Total Sold: 21
    • The most recent sale happened at this postcode is , 2 CHAPEL HOUSES: £307,500 (Sold on 01 Sep 2023)
    • The first recorded sale happened at this postcode is , 3 MOUNT PLEASANT: £37,500 (Sold on 26 May 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£400,0001
2023£251,750 £5,173 4
2021£329,000 £4,381 2
2020£414,500 £3,856 2
2019£313,000 £4,317 2
2017£278,750 £3,579 2
2016£272,500 £3,449 1
2015£225,000 £3,191 1
2014£206,667 £2,771 3
2013£243,500 £2,676 1
2012£282,000 £2,375 1
2011£155,000 £2,480 1
2010£123,667 £3,243 3
2008£190,500 £2,593 2
2007£269,246 £2,428 4
2006£199,995 £4,000 1
2005£142,667 £2,548 6
2004£166,000 £2,354 1
2003£105,0001
2002£136,900 £1,925 5
2001£88,250 £1,326 4
2000£79,317 £993 3
1999£76,250 £1,077 2
1998£58,622 £1,066 4
1997£54,362 £983 4
1996£48,650 £874 3
1995£48,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£560,000 £4,275 1
2022£495,000 £4,806 1
2016£520,000 £4,298 1
2014£240,000 £3,361 1
2009£275,000 £2,810 2
2006£240,000 £3,361 1
2003£320,000 £2,645 1
1999£137,498 £1,603 2
1998£122,000 £1,266 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£352,100 £4,225 5
2022£299,000 £4,176 2
2021£297,000 £4,202 3
2020£250,600 £4,373 5
2019£248,917 £4,137 6
2018£235,100 £3,393 5
2017£235,750 £3,786 4
2016£223,000 £3,507 9
2015£178,125 £2,515 4
2014£160,500 £2,591 4
2013£133,167 £2,416 3
2012£140,600 £2,335 5
2011£157,500 £1,898 1
2010£148,250 £2,064 4
2009£160,000 £2,360 1
2008£161,000 £2,236 1
2007£131,189 £2,199 5
2006£155,249 £2,169 8
2005£168,417 £1,965 6
2004£137,186 £2,082 8
2003£121,594 £1,930 8
2002£111,956 £1,594 7
2001£82,400 £1,329 5
2000£64,112 £1,157 4
1999£64,931 £998 8
1998£50,499 £877 7
1997£50,300 £791 5
1996£47,333 £678 3
1995£43,183 £604 3

House Type in ME2 1HR area

The most common house types in the ME2 1HR postcode area are Flat (60), Semi-detached (23), and Terraced (20).

Total118
Flat60
Semi-detached23
Terraced20
Detached14
commercial building1
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (37), and Social rented: Other social rented (34).

Owned: Owns with a mortgage or loan37
Social rented: Other social rented34
Shared ownership: Shared ownership19
Owned: Owns outright13
Private rented: Private landlord or letting agency10
Social rented: Rents from council or Local Authority3
Private rented: Other private rented1
Lives rent free1
Does not apply0

Number of People in a Household

The most houses in the ME2 1HR have 1 person in household (39), and 2 people in household (35).

1 person in household39
2 people in household35
3 people in household21
4 people in household14
5 people in household10
7 people in household2
0 people in household0
6 people in household0
8 or more people in household0