Housing Market Analysis for STANFORD WAY, ME2 1LL

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

Overview of Sold House prices

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

Detached
- The average price is around £261,333 median price is £250,000 Standard Deviation is £102,493 with Total Sold: 6
- The Last 5 Year average price is £385,000 with Total Sold: 2
- The most recent sale happened at this postcode is 14A STANFORD WAY: £400,000 (Sold on 28 Jun 2024)
- The first recorded sale happened at this postcode is 26 STANFORD WAY: £92,000 (Sold on 08 Sep 1997)
Terraced
- The average price is around £157,625 median price is £167,500 Standard Deviation is £64,608 with Total Sold: 20
- The most recent sale happened at this postcode is 6 STANFORD WAY: £240,000 (Sold on 07 Oct 2016)
- The first recorded sale happened at this postcode is 33 STANFORD WAY: £57,000 (Sold on 23 Jun 1995)
Semi-Detached
- The average price is around £184,625 median price is £183,750 Standard Deviation is £17,100 with Total Sold: 4
- The most recent sale happened at this postcode is 19 STANFORD WAY: £205,000 (Sold on 18 Oct 2013)
- The first recorded sale happened at this postcode is 9 STANFORD WAY: £198,000 (Sold on 17 Mar 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average ME2 1LL 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£400,000		1
2021	£370,000	£3,737	1
2014	£250,000	£4,604	1
2013	£206,000	£2,557	1
2012	£250,000	£4,604	1
1997	£92,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2016	£232,333	£3,102	3
2015	£243,000	£3,076	1
2014	£218,500	£2,766	2
2009	£190,000	£2,359	1
2006	£180,000	£2,052	3
2005	£192,500		1
2004	£172,000	£2,389	1
2001	£116,000		1
2000	£102,000	£1,333	2
1998	£78,000		1
1997	£76,498	£821	2
1995	£65,000	£792	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2013	£205,000	£2,614	1
2011	£166,000	£1,822	1
2009	£169,500	£2,162	1
2006	£198,000		1

All the Sales in the STANFORD WAY, ME2 1LL

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

Address	Sold Date	Price	% Change
14A STANFORD WAYDetached, Freehold	28 Jun 2024	£400,000	First Sale
2 STANFORD WAYDetached, FreeholdArea: 99 Sq.mtrAge: 1950-1966	29 Jan 2021	£370,000	First Sale
6 STANFORD WAYTerraced, FreeholdArea: 72 Sq.mtrAge: 1967-1975	07 Oct 2016	£240,000	39.53%
	09 Jul 2004	£172,000	91.11%
	25 Oct 2000	£90,000	First Sale
5 STANFORD WAYTerraced, FreeholdArea: 77 Sq.mtrAge: 1976-1982	22 Jul 2016	£242,000	48.47%
	14 Jun 2006	£163,000	First Sale
31 STANFORD WAYTerraced, FreeholdArea: 76 Sq.mtrAge: 1983-1990	13 May 2016	£215,000	First Sale
3 STANFORD WAYTerraced, FreeholdArea: 79 Sq.mtrAge: 1967-1975	18 Jun 2015	£243,000	54.78%
	13 Jan 2006	£157,000	First Sale
1 STANFORD WAYTerraced, FreeholdArea: 79 Sq.mtrAge: 1967-1975	27 Jun 2014	£212,000	First Sale
7 STANFORD WAYTerraced, FreeholdArea: 79 Sq.mtrAge: 1967-1975	23 Apr 2014	£225,000	First Sale
14 STANFORD WAYDetached, FreeholdArea: 54.3 Sq.mtrAge: 1983-1990	01 Apr 2014	£250,000	0.0
	06 Jan 2012	£250,000	First Sale
19 STANFORD WAYSemi-Detached, FreeholdArea: 78.41 Sq.mtrAge: 1976-1982	18 Oct 2013	£205,000	20.94%
	09 Oct 2009	£169,500	First Sale
30 STANFORD WAYDetached, FreeholdArea: 80.55 Sq.mtrAge: 1983-1990	22 Apr 2013	£206,000	8.42%
	26 May 2009	£190,000	66.67%
	30 Nov 2000	£114,000	56.16%
	03 Aug 1995	£73,000	First Sale
11 STANFORD WAYSemi-Detached, FreeholdArea: 91.13 Sq.mtrAge: 1967-1975	06 May 2011	£166,000	First Sale
28 STANFORD WAYTerraced, Freehold	31 Mar 2006	£220,000	89.66%
	12 Jan 2001	£116,000	38.10%
	08 Aug 1997	£84,000	First Sale
9 STANFORD WAYSemi-Detached, Freehold	17 Mar 2006	£198,000	First Sale
12 STANFORD WAYTerraced, Freehold	26 Aug 2005	£192,500	146.79%
12 STANFORD WAYTerraced, Freehold	03 Apr 1998	£78,000	First Sale
26 STANFORD WAYDetached, Freehold	08 Sep 1997	£92,000	First Sale
33 STANFORD WAYTerraced, FreeholdArea: 84 Sq.mtrAge: 1967-1975	26 Aug 1997	£68,995	21.04%
	23 Jun 1995	£57,000	First Sale

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

STANFORD WAY, ME2 1LL Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £206,505 median price is £199,225 Standard Deviation is £101,500 with Total Sold: 584
- The Last 5 Year average price is £342,694 with Total Sold: 112
- 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 , 11 WOODHURST CLOSE: £60,000 (Sold on 01 Feb 1995)
Terraced
- The average price is around £163,221 median price is £155,000 Standard Deviation is £83,082 with Total Sold: 222
- The Last 5 Year average price is £290,811 with Total Sold: 37
- The most recent sale happened at this postcode is , 13 WOOD STREET: £350,000 (Sold on 14 Aug 2024)
- The first recorded sale happened at this postcode is , 22 MAY STREET: £43,000 (Sold on 31 Mar 1995)
Detached
- The average price is around £294,727 median price is £290,000 Standard Deviation is £140,838 with Total Sold: 154
- The Last 5 Year average price is £437,926 with Total Sold: 27
- The most recent sale happened at this postcode is , 14A STANFORD WAY: £400,000 (Sold on 28 Jun 2024)
- The first recorded sale happened at this postcode is , 97 ROCHESTER ROAD: £147,000 (Sold on 16 Aug 1995)
Other
- The average price is around £78,500 median price is £78,500 Standard Deviation is £71,500 with Total Sold: 2
- The most recent sale happened at this postcode is , 8 THE GLEBE: £7,000 (Sold on 25 Oct 2018)
- The first recorded sale happened at this postcode is , 5 ROCHESTER ROAD: £150,000 (Sold on 26 Jun 2014)
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	£361,042	£4,302	12
2023	£376,548	£3,963	21
2022	£391,114	£4,224	11
2021	£325,984	£3,775	31
2020	£323,000	£3,539	13
2019	£313,958	£3,600	24
2018	£300,737	£3,298	19
2017	£289,071	£3,648	28
2016	£294,909	£3,223	22
2015	£241,889	£2,911	18
2014	£223,031	£2,783	16
2013	£221,000	£2,311	19
2012	£185,923	£2,027	13
2011	£187,971	£2,262	19
2010	£198,023	£1,996	14
2009	£187,187	£2,062	16
2008	£192,417	£2,025	6
2007	£201,228	£2,115	24
2006	£211,021	£1,984	33
2005	£192,186	£2,128	12
2004	£178,648	£2,083	23
2003	£165,666	£1,942	18
2002	£155,265	£1,644	13
2001	£116,731	£1,177	28
2000	£98,145	£1,133	28
1999	£84,829	£913	34
1998	£80,350	£760	15
1997	£67,636	£778	22
1996	£66,036	£635	14
1995	£64,555	£679	18

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£315,000		2
2023	£324,062	£3,746	8
2022	£289,200	£3,748	5
2021	£277,929	£3,508	7
2020	£303,000	£3,535	6
2019	£258,667	£2,908	9
2018	£240,000	£3,429	1
2017	£220,142	£3,396	7
2016	£225,727	£3,043	11
2015	£200,000	£2,923	5
2014	£177,917	£2,373	6
2013	£174,625	£2,056	4
2012	£151,081	£1,842	8
2011	£161,714	£1,850	7
2010	£146,667	£2,019	3
2009	£163,286	£1,773	7
2008	£146,480	£1,897	5
2007	£185,857	£2,429	14
2006	£177,931	£2,310	16
2005	£137,400	£1,809	5
2004	£151,625	£1,851	12
2003	£135,870	£1,965	7
2002	£102,998	£1,372	6
2001	£80,249	£978	12
2000	£77,333	£1,036	15
1999	£66,276	£819	9
1998	£64,000	£1,088	3
1997	£68,999	£912	7
1996	£49,499	£701	4
1995	£61,091	£897	11

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£400,000		1
2023	£602,500	£5,968	2
2022	£482,917	£3,831	6
2021	£400,650	£3,751	10
2020	£405,000	£3,204	3
2019	£420,000	£3,168	5
2018	£421,250	£3,657	8
2017	£388,571	£3,694	7
2016	£462,875	£3,239	8
2015	£307,083	£2,663	6
2014	£258,824	£2,939	6
2013	£292,279	£2,340	7
2012	£284,333	£4,604	3
2011	£241,875	£2,152	4
2010	£268,333	£2,669	3
2009	£236,667	£2,085	3
2008	£317,167	£1,979	3
2007	£273,332	£2,352	6
2006	£285,262	£2,321	4
2005	£192,998	£1,948	3
2004	£306,780	£2,093	10
2003	£266,666	£1,624	9
2002	£188,499	£1,792	4
2001	£181,250	£1,957	6
2000	£165,200	£1,413	5
1999	£121,333	£1,240	3
1998	£137,429	£851	7
1997	£107,333	£789	6
1996	£86,050	£870	5
1995	£147,000	£448	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£7,000	£77	1
2014	£150,000	£987	1

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 1LL area

The most common house types in the ME2 1LL postcode area are Detached (55), Semi-detached (50), and Terraced (18).

Total	138
Detached	55
Semi-detached	50
Terraced	18
temporary structure	14
commercial building	1
Flat	0
Shared house	0
converted building	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (85), and Owned: Owns with a mortgage or loan (38).

Owned: Owns outright	85
Owned: Owns with a mortgage or loan	38
Private rented: Private landlord or letting agency	7
Social rented: Other social rented	3
Shared ownership: Shared ownership	2
Private rented: Other private rented	2
Does not apply	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

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

1 person in household	46
2 people in household	46
4 people in household	21
3 people in household	19
5 people in household	5
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0