Housing Market Analysis for RESERVOIR COTTAGES, ME2 1JY

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £283,500 median price is £283,500 Standard Deviation is £36,500 with Total Sold: 2
    • The Last 5 Year average price is £320,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2, RESERVOIR COTTAGES BARN MEADOW: £247,000 (Sold on 25 May 2016)
    • The first recorded sale happened at this postcode is 2, RESERVOIR COTTAGES BARN MEADOW: £320,000 (Sold on 10 Oct 2022)
  • Detached
    • The average price is around £233,500 median price is £233,500 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 RESERVOIR COTTAGES: £233,500 (Sold on 13 Oct 2006)
    • The first recorded sale happened at this postcode is 1 RESERVOIR COTTAGES: £233,500 (Sold on 13 Oct 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average ME2 1JY 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
2016£247,000 £3,205 1
2022£320,000 £4,152 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£233,500 £2,048 1

All the Sales in the RESERVOIR COTTAGES, ME2 1JY

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

AddressSold DatePrice% Change
2, RESERVOIR COTTAGES BARN MEADOWSemi-Detached, FreeholdArea: 77.07 Sq.mtrAge: before 190025 May 2016£247,000-22.81%
10 Oct 2022£320,000First Sale
1 RESERVOIR COTTAGESDetached, FreeholdArea: 114 Sq.mtrAge: before 190013 Oct 2006£233,500First Sale

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

RESERVOIR COTTAGES, ME2 1JY Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £184,498 median price is £170,000 Standard Deviation is £104,303 with Total Sold: 101
    • The Last 5 Year average price is £315,333 with Total Sold: 21
    • 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)
  • Terraced
    • The average price is around £154,442 median price is £150,000 Standard Deviation is £83,299 with Total Sold: 140
    • The Last 5 Year average price is £283,000 with Total Sold: 22
    • 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)
  • Detached
    • The average price is around £307,153 median price is £320,000 Standard Deviation is £130,818 with Total Sold: 13
    • The Last 5 Year average price is £495,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 4A TURKS HALL PLACE: £495,000 (Sold on 24 Aug 2022)
    • The first recorded sale happened at this postcode is , MAYFIELD THE STREET: £122,000 (Sold on 01 Dec 1998)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£400,0001
2023£284,571 £4,698 7
2022£327,500 £4,070 2
2021£347,000 £4,190 4
2020£414,500 £3,856 2
2019£271,600 £3,470 5
2018£273,333 £3,194 3
2017£272,833 £3,422 3
2016£245,900 £2,993 5
2015£241,500 £3,228 2
2014£191,750 £2,398 4
2013£215,250 £2,333 2
2012£282,000 £2,375 1
2011£202,498 £2,527 2
2010£125,750 £2,436 4
2008£190,500 £2,593 2
2007£269,246 £2,428 4
2006£174,872 £2,455 4
2005£146,571 £2,443 7
2004£176,998 £1,844 2
2003£97,000 £947 2
2002£136,900 £1,925 5
2001£89,600 £1,239 5
2000£80,112 £989 4
1999£76,500 £1,077 3
1998£58,698 £936 5
1997£53,735 £769 6
1996£48,650 £874 3
1995£49,000 £595 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£352,100 £4,225 5
2022£299,000 £4,176 2
2021£280,250 £3,836 4
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£152,100 £1,965 5
2004£140,277 £2,023 9
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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£495,000 £4,806 1
2016£520,000 £4,298 1
2014£326,250 £2,625 2
2012£397,500 £3,125 2
2009£340,000 £2,810 1
2006£236,750 £2,705 2
2003£320,000 £2,645 1
1999£137,498 £1,603 2
1998£122,000 £1,266 1

House Type in ME2 1JY area

The most common house types in the ME2 1JY postcode area are Semi-detached (71), Terraced (58), and Detached (14).

Total148
Semi-detached71
Terraced58
Detached14
Flat5
Shared house0
converted building0
commercial 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 (55), and Owned: Owns outright (43).

Owned: Owns with a mortgage or loan55
Owned: Owns outright43
Social rented: Other social rented35
Private rented: Private landlord or letting agency11
Social rented: Rents from council or Local Authority6
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the ME2 1JY have 2 people in household (46), and 1 person in household (45).

2 people in household46
1 person in household45
3 people in household30
4 people in household17
5 people in household6
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0