Are you looking to understand ME2 1LY 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 1LY area, explore the ME2 1LY Area information page.
For comprehensive crime statistics in the ME2 1LY area, explore the ME2 1LY Crime Rates page.
As per the latest sold houses in the ME2 1LY postcode area, The average prices are as follows,
Below table and chart gives the average ME2 1LY 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.
| Year | Avg. Price | Avg. Price/Sq. mtr | Sold |
|---|---|---|---|
| 2018 | £492,500 | £3,848 | 1 |
| 2010 | £358,750 | £2,807 | 1 |
| 2007 | £359,950 | £2,817 | 1 |
| 2000 | £154,995 | £1,505 | 1 |
| 1999 | £122,000 | £1,184 | 1 |
| 1996 | £115,000 | £898 | 1 |
| Year | Avg. Price | Avg. Price/Sq. mtr | Sold |
|---|---|---|---|
| 2016 | £325,000 | £4,161 | 1 |
| 2012 | £250,000 | £3,482 | 1 |
| 2011 | £217,000 | £2,778 | 1 |
| 2004 | £197,000 | £2,744 | 1 |
| 2003 | £179,950 | £2,304 | 1 |
| 1998 | £89,995 | £1,152 | 1 |
See the table below for more details on the sold house prices in the ME2 1LY, Medway postcode.
| Address | Sold Date | Price | % Change |
|---|---|---|---|
| 2 MARSHAM WAYDetached, FreeholdArea: 128 Sq.mtrAge: 1991-1995 | 20 Jul 2018 | £492,500 | 328.26% |
| 12 Apr 1996 | £115,000 | First Sale | |
| 6 MARSHAM WAYSemi-Detached, FreeholdArea: 78.1 Sq.mtrAge: 1983-1990 | 08 Dec 2016 | £325,000 | 49.77% |
| 05 Aug 2011 | £217,000 | 20.59% | |
| 31 Jan 2003 | £179,950 | 99.96% | |
| 10 Jul 1998 | £89,995 | First Sale | |
| 7 MARSHAM WAYSemi-Detached, FreeholdArea: 71.8 Sq.mtrAge: 1983-1990 | 16 Aug 2012 | £250,000 | 26.90% |
| 01 Jun 2004 | £197,000 | First Sale | |
| 5 MARSHAM WAYDetached, FreeholdArea: 127.8 Sq.mtrAge: 1991-1995 | 01 Jul 2010 | £358,750 | -0.33% |
| 29 Jun 2007 | £359,950 | First Sale | |
| 1 MARSHAM WAYDetached, FreeholdArea: 103 Sq.mtrAge: 1991-1995 | 14 Apr 2000 | £154,995 | 27.05% |
| 12 Mar 1999 | £122,000 | First Sale |
Check out the sold house prices near the ME2 1LY postcode. Properties currently for saleProperties currently for rent
This Interactive map can help you visualize the nearby sold house in the ME2 1LY postcode area
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 1LY postcode.
| Year | Avg. Price | Avg. Price/Sq. mtr | Sold |
|---|---|---|---|
| 2024 | £240,944 | £3,910 | 9 |
| 2023 | £275,565 | £4,036 | 18 |
| 2022 | £278,967 | £3,861 | 15 |
| 2021 | £274,693 | £3,885 | 23 |
| 2020 | £255,285 | £3,326 | 17 |
| 2019 | £251,600 | £3,424 | 15 |
| 2018 | £238,267 | £3,671 | 15 |
| 2017 | £222,318 | £3,470 | 19 |
| 2016 | £227,643 | £3,493 | 14 |
| 2015 | £219,625 | £3,135 | 20 |
| 2014 | £164,528 | £2,409 | 23 |
| 2013 | £173,733 | £2,446 | 21 |
| 2012 | £175,378 | £2,427 | 18 |
| 2011 | £145,059 | £2,307 | 17 |
| 2010 | £169,833 | £2,458 | 9 |
| 2009 | £160,364 | £2,175 | 11 |
| 2008 | £130,555 | £1,612 | 18 |
| 2007 | £173,644 | £2,428 | 30 |
| 2006 | £145,529 | £2,194 | 24 |
| 2005 | £154,551 | £2,117 | 28 |
| 2004 | £129,134 | £1,915 | 23 |
| 2003 | £127,932 | £1,942 | 33 |
| 2002 | £103,259 | £1,467 | 31 |
| 2001 | £90,533 | £1,364 | 35 |
| 2000 | £78,086 | £1,056 | 29 |
| 1999 | £66,171 | £906 | 23 |
| 1998 | £57,249 | £879 | 33 |
| 1997 | £54,202 | £800 | 27 |
| 1996 | £42,400 | £741 | 14 |
| 1995 | £56,213 | £808 | 41 |
| Year | Avg. Price | Avg. Price/Sq. mtr | Sold |
|---|---|---|---|
| 2024 | £180,000 | 1 | |
| 2023 | £180,000 | £3,673 | 1 |
| 2021 | £216,500 | £3,819 | 2 |
| 2020 | £162,333 | £3,045 | 3 |
| 2019 | £179,000 | £2,662 | 1 |
| 2016 | £220,000 | £3,099 | 1 |
| 2014 | £125,000 | £2,049 | 1 |
| 2013 | £111,000 | £1,799 | 2 |
| 2012 | £124,000 | £1,993 | 3 |
| 2008 | £140,000 | £2,333 | 1 |
| 2006 | £93,000 | £1,843 | 2 |
| 1999 | £30,500 | £529 | 3 |
| 1995 | £32,000 | 1 |
| Year | Avg. Price | Avg. Price/Sq. mtr | Sold |
|---|---|---|---|
| 2024 | £337,500 | £4,551 | 2 |
| 2023 | £373,333 | £3,048 | 3 |
| 2022 | £381,250 | £4,397 | 6 |
| 2021 | £335,359 | £3,814 | 11 |
| 2020 | £301,929 | £3,596 | 14 |
| 2019 | £317,550 | £3,812 | 8 |
| 2018 | £295,000 | £3,953 | 5 |
| 2017 | £282,400 | £3,504 | 5 |
| 2016 | £295,750 | £3,952 | 6 |
| 2015 | £242,364 | £2,830 | 11 |
| 2014 | £216,221 | £2,717 | 7 |
| 2013 | £195,286 | £2,495 | 7 |
| 2012 | £205,333 | £2,652 | 6 |
| 2011 | £171,889 | £2,315 | 9 |
| 2010 | £255,500 | £2,710 | 2 |
| 2009 | £161,916 | £2,005 | 6 |
| 2008 | £167,700 | £2,608 | 5 |
| 2007 | £211,687 | £2,562 | 16 |
| 2006 | £199,576 | £2,328 | 13 |
| 2005 | £190,682 | £2,312 | 11 |
| 2004 | £152,067 | £1,753 | 15 |
| 2003 | £160,994 | £2,212 | 19 |
| 2002 | £124,571 | £1,640 | 14 |
| 2001 | £109,343 | £1,528 | 23 |
| 2000 | £96,065 | £1,282 | 16 |
| 1999 | £83,923 | £1,209 | 15 |
| 1998 | £86,061 | £1,044 | 21 |
| 1997 | £70,768 | £916 | 40 |
| 1996 | £63,807 | £864 | 21 |
| 1995 | £63,952 | £859 | 18 |
| Year | Avg. Price | Avg. Price/Sq. mtr | Sold |
|---|---|---|---|
| 2024 | £460,000 | 3 | |
| 2023 | £444,700 | £4,772 | 5 |
| 2022 | £495,778 | £4,373 | 9 |
| 2021 | £399,545 | £3,622 | 11 |
| 2020 | £453,438 | £4,004 | 8 |
| 2019 | £405,500 | £4,034 | 8 |
| 2018 | £421,786 | £4,081 | 7 |
| 2017 | £448,500 | £3,269 | 7 |
| 2016 | £300,375 | £3,681 | 4 |
| 2015 | £301,400 | £2,911 | 5 |
| 2014 | £283,562 | £2,803 | 8 |
| 2013 | £281,278 | £2,465 | 9 |
| 2012 | £275,742 | £2,478 | 6 |
| 2011 | £259,167 | £2,509 | 6 |
| 2010 | £281,392 | £2,454 | 7 |
| 2009 | £248,200 | £2,113 | 5 |
| 2008 | £299,167 | £2,493 | 6 |
| 2007 | £325,890 | £2,878 | 10 |
| 2006 | £274,181 | £2,409 | 8 |
| 2005 | £274,885 | £2,426 | 13 |
| 2004 | £289,996 | £2,326 | 13 |
| 2003 | £284,750 | £2,236 | 6 |
| 2002 | £202,562 | £1,668 | 8 |
| 2001 | £173,294 | £1,611 | 17 |
| 2000 | £158,832 | £1,365 | 12 |
| 1999 | £134,809 | £1,186 | 17 |
| 1998 | £130,809 | £1,071 | 32 |
| 1997 | £106,331 | £963 | 21 |
| 1996 | £112,620 | £937 | 20 |
| 1995 | £105,777 | £920 | 11 |
| Year | Avg. Price | Avg. Price/Sq. mtr | Sold |
|---|---|---|---|
| 2021 | £475,000 | 1 | |
| 2019 | £165,000 | £3,131 | 3 |
| 2018 | £151,667 | £1,392 | 3 |
| 2016 | £450,000 | 1 | |
| 2014 | £200,000 | £1,905 | 2 |
The most common house types in the ME2 1LY postcode area are Terraced (46), Semi-detached (45), and Detached (39).
| Total | 131 |
| Terraced | 46 |
| Semi-detached | 45 |
| Detached | 39 |
| temporary structure | 1 |
| Flat | 0 |
| Shared house | 0 |
| converted building | 0 |
| commercial building | 0 |
As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (65), and Owned: Owns outright (57).
| Owned: Owns with a mortgage or loan | 65 |
| Owned: Owns outright | 57 |
| Private rented: Private landlord or letting agency | 6 |
| Private rented: Other private rented | 3 |
| Social rented: Other social rented | 1 |
| Does not apply | 0 |
| Shared ownership: Shared ownership | 0 |
| Social rented: Rents from council or Local Authority | 0 |
| Lives rent free | 0 |
The most houses in the ME2 1LY have 2 people in household (50), and 1 person in household (42).
| 2 people in household | 50 |
| 1 person in household | 42 |
| 3 people in household | 22 |
| 4 people in household | 12 |
| 5 people in household | 4 |
| 6 people in household | 1 |
| 0 people in household | 0 |
| 7 people in household | 0 |
| 8 or more people in household | 0 |