Housing Market Analysis for WOOD STREET, ME2 1LT

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £157,127 median price is £88,500 Standard Deviation is £103,443 with Total Sold: 11
    • The Last 5 Year average price is £287,000 with Total Sold: 4
    • The most recent sale happened at this postcode is 5 WOOD STREET: £253,000 (Sold on 01 Jun 2022)
    • The first recorded sale happened at this postcode is 11 WOOD STREET: £280,000 (Sold on 07 Jun 2024)
  • Semi-Detached
    • The average price is around £251,500 median price is £300,000 Standard Deviation is £103,508 with Total Sold: 5
    • The Last 5 Year average price is £310,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 4 WOOD STREET: £300,000 (Sold on 30 Jul 2021)
    • The first recorded sale happened at this postcode is 19 WOOD STREET: £55,000 (Sold on 31 May 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average ME2 1LT 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£253,000 £3,203 1
2021£265,000 £2,598 1
2008£55,901 £682 1
2006£150,0001
2002£88,5001
2001£65,000 £823 1
2000£79,000 £912 2
1999£63,0001
2024£315,0002
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£310,000 £4,030 2
2017£291,250 £3,145 2
1995£55,000 £671 1

All the Sales in the WOOD STREET, ME2 1LT

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

AddressSold DatePrice% Change
5 WOOD STREETTerraced, FreeholdArea: 79 Sq.mtrAge: before 190001 Jun 2022£253,000289.23%
27 Apr 2001£65,000First Sale
4 WOOD STREETSemi-Detached, FreeholdArea: 73 Sq.mtrAge: 1950-196630 Jul 2021£300,000First Sale
6 WOOD STREETSemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1967-197530 Jun 2021£320,000First Sale
17 WOOD STREETTerraced, FreeholdArea: 102 Sq.mtrAge: 1900-192915 Jan 2021£265,000248.68%
20 Apr 2000£76,000First Sale
2 WOOD STREETSemi-Detached, FreeholdArea: 102 Sq.mtrAge: 1950-196629 Sep 2017£340,000First Sale
19 WOOD STREETSemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1900-192931 May 2017£242,500340.91%
31 May 1995£55,000First Sale
13 WOOD STREETTerraced, FreeholdArea: 82 Sq.mtrAge: 1930-194904 Apr 2008£55,901-84.03%
14 Aug 2024£350,000First Sale
9 WOOD STREETTerraced, Freehold02 Feb 2006£150,000First Sale
1 WOOD STREETTerraced, Freehold22 Mar 2002£88,500First Sale
3 WOOD STREETTerraced, FreeholdArea: 76 Sq.mtrAge: before 190029 Nov 2000£82,000First Sale
7 WOOD STREETTerraced, Freehold11 Oct 1999£63,000First Sale
11 WOOD STREETTerraced, Freehold07 Jun 2024£280,000First Sale

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

WOOD STREET, ME2 1LT Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £203,668 median price is £196,000 Standard Deviation is £98,143 with Total Sold: 563
    • The Last 5 Year average price is £336,442 with Total Sold: 108
    • 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 £160,619 median price is £155,000 Standard Deviation is £80,777 with Total Sold: 236
    • The Last 5 Year average price is £285,270 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 £286,193 median price is £270,000 Standard Deviation is £144,650 with Total Sold: 127
    • The Last 5 Year average price is £419,115 with Total Sold: 26
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£352,045 £4,302 11
2023£369,375 £3,942 20
2022£370,725 £4,267 10
2021£325,984 £3,775 31
2020£323,000 £3,539 13
2019£307,130 £3,666 23
2018£300,737 £3,298 19
2017£288,667 £3,650 27
2016£286,025 £3,159 20
2015£239,353 £2,916 17
2014£221,469 £2,891 16
2013£216,056 £2,330 18
2012£182,462 £2,180 13
2011£187,971 £2,262 19
2010£183,155 £2,212 15
2009£184,821 £1,981 14
2008£192,417 £2,025 6
2007£196,356 £2,097 21
2006£209,432 £2,067 34
2005£193,557 £2,349 13
2004£170,666 £2,033 21
2003£165,666 £1,942 18
2002£155,265 £1,644 13
2001£117,907 £1,191 27
2000£93,024 £1,118 24
1999£84,829 £913 34
1998£78,981 £764 13
1997£67,636 £778 22
1996£66,036 £635 14
1995£63,646 £680 17
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£315,000 £3,750 3
2023£305,417 £3,838 6
2022£294,333 £3,886 6
2021£277,929 £3,508 7
2020£296,333 £3,439 6
2019£254,222 £2,918 9
2018£240,000 £3,429 1
2017£220,142 £3,396 7
2016£226,083 £3,063 12
2015£200,000 £2,923 5
2014£190,833 £2,218 9
2013£174,625 £2,056 4
2012£151,081 £1,842 8
2011£154,833 £1,820 6
2010£155,750 £1,876 4
2009£163,286 £1,773 7
2008£146,480 £1,897 5
2007£185,857 £2,429 14
2006£178,152 £2,089 19
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£75,875 £1,006 16
1999£67,453 £774 11
1998£69,100 £1,088 5
1997£69,749 £838 8
1996£49,499 £701 4
1995£60,167 £867 12
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£400,0001
2023£602,500 £5,968 2
2022£473,500 £3,860 5
2021£385,450 £3,666 10
2020£405,000 £3,204 3
2019£371,000 £3,223 5
2018£385,000 £3,411 5
2017£381,667 £3,832 6
2016£507,600 £2,871 5
2015£287,800 £2,619 5
2014£277,999 £3,013 6
2013£315,190 £2,677 5
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£295,499 £2,408 4
2006£256,683 £1,967 3
2005£189,500 £1,869 2
2004£260,998 £1,649 3
2003£265,141 £1,624 7
2002£189,332 £1,884 3
2001£193,300 £1,957 5
2000£165,200 £1,413 5
1999£121,333 £1,240 3
1998£128,375 £730 8
1997£107,333 £789 6
1996£71,333 £613 3
1995£147,000 £448 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£7,000 £77 1
2014£150,000 £987 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£200,000 £2,326 1
2010£120,0001
2004£105,000 £1,221 1
2002£117,000 £1,360 1
1995£43,000 £500 1

House Type in ME2 1LT area

The most common house types in the ME2 1LT postcode area are Terraced (60), Semi-detached (39), and Detached (8).

Total113
Terraced60
Semi-detached39
Detached8
Flat4
Shared house1
commercial building1
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 (46), and Owned: Owns outright (40).

Owned: Owns with a mortgage or loan46
Owned: Owns outright40
Private rented: Private landlord or letting agency18
Private rented: Other private rented5
Shared ownership: Shared ownership3
Social rented: Other social rented3
Social rented: Rents from council or Local Authority1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the ME2 1LT have 2 people in household (33), and 1 person in household (32).

2 people in household33
1 person in household32
3 people in household22
4 people in household22
5 people in household4
7 people in household2
6 people in household1
0 people in household0
8 or more people in household0