Housing Market Analysis for HORACE ROAD, ME2 2GB

Are you looking to understand ME2 2GB 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 2GB area, explore the ME2 2GB Area information page.
For comprehensive crime statistics in the ME2 2GB area, explore the ME2 2GB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME2 2GB postcode area, The average prices are as follows,

Terraced
- The average price is around £225,550 median price is £215,497 Standard Deviation is £44,839 with Total Sold: 30
- The Last 5 Year average price is £281,400 with Total Sold: 5
- The most recent sale happened at this postcode is 17 HORACE ROAD: £260,000 (Sold on 30 Jun 2021)
- The first recorded sale happened at this postcode is 2 HORACE ROAD: £224,995 (Sold on 19 Oct 2007)
Semi-Detached
- The average price is around £192,475 median price is £192,475 Standard Deviation is £2,525 with Total Sold: 2
- The most recent sale happened at this postcode is 7 HORACE ROAD: £189,950 (Sold on 28 Nov 2008)
- The first recorded sale happened at this postcode is 21 HORACE ROAD: £195,000 (Sold on 29 Feb 2008)
Detached
- The average price is around £230,000 median price is £230,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 18 HORACE ROAD: £230,000 (Sold on 19 Dec 2007)
- The first recorded sale happened at this postcode is 18 HORACE ROAD: £230,000 (Sold on 19 Dec 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average ME2 2GB 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£267,333	£3,917	3
2020	£300,000	£2,857	1
2019	£305,000	£2,585	1
2018	£281,750	£3,188	2
2017	£260,000	£3,662	1
2016	£268,333	£3,280	3
2015	£190,000	£2,779	1
2014	£221,000	£2,194	2
2008	£193,111	£2,396	9
2007	£194,427	£2,468	7

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2008	£192,475	£2,286	2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2007	£230,000	£1,484	1

All the Sales in the HORACE ROAD, ME2 2GB

See the table below for more details on the sold house prices in the ME2 2GB, Medway postcode.

Address	Sold Date	Price	% Change
17 HORACE ROADTerraced, FreeholdArea: 65 Sq.mtrAge: 2007 onwards	30 Jun 2021	£260,000	51.16%
	04 Aug 2014	£172,000	-4.44%
	28 Apr 2008	£180,000	First Sale
4 HORACE ROADTerraced, FreeholdArea: 76.04 Sq.mtrAge: 2007 onwards	29 Apr 2021	£290,000	45.00%
	22 Oct 2007	£200,000	First Sale
12 HORACE ROADTerraced, FreeholdArea: 64 Sq.mtrAge: 2007-2011	19 Apr 2021	£252,000	34.40%
	22 Jan 2008	£187,500	10.29%
	22 Oct 2007	£170,000	First Sale
9 HORACE ROADTerraced, FreeholdArea: 105 Sq.mtrAge: 2007 onwards	25 Nov 2020	£300,000	32.16%
	23 Apr 2008	£227,000	First Sale
8 HORACE ROADTerraced, FreeholdArea: 118 Sq.mtrAge: 2007 onwards	04 Jan 2019	£305,000	38.64%
	16 Nov 2007	£219,995	First Sale
10 HORACE ROADTerraced, FreeholdArea: 77.28 Sq.mtrAge: 2007 onwards	13 Apr 2018	£280,000	38.27%
	31 Oct 2007	£202,500	First Sale
5 HORACE ROADTerraced, FreeholdArea: 103 Sq.mtrAge: 2007 onwards	23 Mar 2018	£283,500	34.36%
	01 Aug 2008	£210,999	First Sale
21 HORACE ROADTerraced, FreeholdArea: 71 Sq.mtrAge: 2007 onwards	13 Jun 2017	£260,000	4.00%
	24 Jun 2016	£250,000	28.21%
	29 Feb 2008	£195,000	First Sale
1 HORACE ROADTerraced, FreeholdArea: 103 Sq.mtrAge: 2007 onwards	14 Dec 2016	£285,000	35.71%
	30 Jun 2008	£210,000	First Sale
6 HORACE ROADTerraced, FreeholdArea: 76.04 Sq.mtrAge: 2007 onwards	15 Feb 2016	£270,000	First Sale
14 HORACE ROADTerraced, FreeholdArea: 68.38 Sq.mtrAge: 2007 onwards	22 Jul 2015	£190,000	10.14%
	29 Oct 2007	£172,500	First Sale
18 HORACE ROADTerraced, FreeholdArea: 155 Sq.mtrAge: 2007 onwards	18 Aug 2014	£270,000	17.39%
	19 Dec 2007	£230,000	First Sale
7 HORACE ROADSemi-Detached, FreeholdArea: 104 Sq.mtrAge: 2007 onwards	28 Nov 2008	£189,950	First Sale
3 HORACE ROADTerraced, FreeholdArea: 99 Sq.mtrAge: 2003-2006	30 May 2008	£200,000	First Sale
19 HORACE ROADTerraced, Freehold	28 Mar 2008	£180,000	First Sale
15 HORACE ROADTerraced, LeaseholdArea: 65.76 Sq.mtrAge: 2007 onwards	28 Feb 2008	£170,000	First Sale
11 HORACE ROADTerraced, FreeholdArea: 66 Sq.mtrAge: 2007-2011	28 Feb 2008	£172,500	First Sale
16 HORACE ROADTerraced, FreeholdArea: 68 Sq.mtrAge: 2003-2006	31 Oct 2007	£171,000	First Sale
2 HORACE ROADTerraced, Freehold	19 Oct 2007	£224,995	First Sale

Check out the sold house prices near the ME2 2GB postcode. Properties currently for saleProperties currently for rent

HORACE ROAD, ME2 2GB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME2 2GB 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 2GB postcode.

Terraced
- The average price is around £198,432 median price is £195,000 Standard Deviation is £94,267 with Total Sold: 822
- The Last 5 Year average price is £308,536 with Total Sold: 181
- The most recent sale happened at this postcode is , 100 POPLAR ROAD: £280,000 (Sold on 28 Aug 2024)
- The first recorded sale happened at this postcode is , 36 GLAMFORD ROAD: £45,000 (Sold on 06 Jan 1995)
Semi-Detached
- The average price is around £183,441 median price is £165,250 Standard Deviation is £104,565 with Total Sold: 786
- The Last 5 Year average price is £316,591 with Total Sold: 178
- The most recent sale happened at this postcode is , 12 NORTH BANK CLOSE: £340,000 (Sold on 22 Aug 2024)
- The first recorded sale happened at this postcode is , 44 RANSCOMBE CLOSE: £43,000 (Sold on 16 Jan 1995)
Detached
- The average price is around £290,866 median price is £270,000 Standard Deviation is £124,190 with Total Sold: 34
- The Last 5 Year average price is £372,053 with Total Sold: 9
- The most recent sale happened at this postcode is , 65 LABURNUM ROAD: £355,000 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 2 HILLSHAW CRESCENT: £59,995 (Sold on 20 Dec 1995)
Flat
- The average price is around £148,189 median price is £133,000 Standard Deviation is £55,300 with Total Sold: 327
- The Last 5 Year average price is £196,973 with Total Sold: 107
- The most recent sale happened at this postcode is 8, WESTBOURNE HOUSE WHITEHEAD DRIVE: £168,000 (Sold on 04 Apr 2024)
- The first recorded sale happened at this postcode is , 148 CEDAR ROAD: £32,500 (Sold on 24 Feb 1995)
Other
- The average price is around £548,966 median price is £266,500 Standard Deviation is £1,002,699 with Total Sold: 14
- The Last 5 Year average price is £319,441 with Total Sold: 8
- The most recent sale happened at this postcode is , 5 CHESTNUT ROAD: £143,000 (Sold on 18 Oct 2023)
- The first recorded sale happened at this postcode is , 92 CEDAR ROAD: £250,000 (Sold on 29 Mar 2016)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£306,364	£3,837	11
2023	£318,895	£3,632	19
2022	£335,788	£3,371	32
2021	£300,519	£3,378	49
2020	£318,430	£3,183	44
2019	£266,711	£2,979	26
2018	£272,571	£3,042	47
2017	£261,816	£3,154	38
2016	£242,197	£2,956	39
2015	£201,575	£2,346	30
2014	£193,684	£2,126	38
2013	£167,188	£1,895	16
2012	£140,338	£1,824	20
2011	£156,963	£2,021	28
2010	£183,112	£1,776	41
2009	£163,281	£1,765	69
2008	£184,809	£2,115	41
2007	£195,845	£2,137	51
2006	£133,791	£1,985	17
2005	£127,450	£1,610	14
2004	£122,583	£1,740	18
2003	£112,416	£1,536	24
2002	£84,352	£1,287	17
2001	£70,557	£1,116	17
2000	£62,735	£734	15
1999	£53,414	£810	18
1998	£49,399	£814	10
1997	£44,682	£708	11
1996	£43,464	£641	7
1995	£43,233	£623	15

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£336,875	£3,460	8
2023	£305,110	£4,026	25
2022	£346,889	£4,212	32
2021	£322,008	£3,772	50
2020	£302,853	£3,592	31
2019	£295,033	£3,305	32
2018	£301,647	£3,529	47
2017	£243,923	£3,333	26
2016	£240,010	£3,109	24
2015	£201,933	£2,607	27
2014	£181,280	£2,429	23
2013	£158,612	£2,183	20
2012	£157,050	£2,033	10
2011	£153,882	£2,149	17
2010	£156,682	£1,962	11
2009	£142,587	£2,077	23
2008	£188,093	£2,489	26
2007	£171,599	£2,279	35
2006	£152,249	£2,031	18
2005	£149,210	£1,930	19
2004	£146,522	£1,913	22
2003	£131,871	£1,945	32
2002	£105,370	£1,448	31
2001	£79,029	£1,071	30
2000	£76,725	£938	36
1999	£62,368	£835	33
1998	£58,235	£757	36
1997	£49,637	£649	29
1996	£50,628	£622	19
1995	£49,857	£570	14

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£355,000		1
2023	£365,000	£4,562	1
2022	£410,000	£8,894	1
2021	£250,000	£3,676	1
2020	£427,495	£4,341	2
2019	£371,163	£4,102	3
2018	£411,424	£3,886	7
2017	£307,667	£2,750	3
2016	£290,000	£3,625	1
2014	£204,000	£2,346	2
2013	£211,000	£1,153	1
2011	£214,750	£2,155	2
2010	£237,500	£1,951	2
2009	£105,500	£2,516	1
2007	£206,667	£2,062	3
1999	£74,000	£725	1
1997	£65,000	£644	1
1995	£59,995	£594	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£165,500	£3,826	5
2023	£140,118	£3,045	11
2022	£183,172	£3,256	16
2021	£180,786	£3,195	21
2020	£191,499	£3,278	10
2019	£228,752	£3,496	44
2018	£184,688	£2,977	12
2017	£170,762	£3,089	21
2016	£156,833	£2,848	21
2015	£140,389	£2,423	9
2014	£129,825	£2,319	20
2013	£120,428	£1,994	7
2012	£102,771	£1,890	11
2011	£118,440	£1,993	26
2010	£118,881	£2,088	41
2009	£115,588	£1,934	22
2008	£74,912	£1,240	4
2007	£132,498	£2,069	2
2006	£105,000	£1,810	1
2005	£87,000	£1,687	3
2004	£92,498	£1,617	3
2003	£80,500	£1,377	2
2002	£52,500	£972	1
2001	£46,792	£948	6
2000	£52,500	£938	1
1999	£33,750	£621	2
1998	£26,500		1
1996	£24,833	£474	3
1995	£32,500		1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£143,000	£2,467	1
2022	£283,000	£3,582	1
2021	£331,510	£8,894	3
2020	£378,333	£3,452	3
2018	£305,000	£3,142	1
2017	£1,475,000	£3,250	3
2016	£200,000	£4,167	2

House Type in ME2 2GB area

The most common house types in the ME2 2GB postcode area are Terraced (41), Flat (18), and Semi-detached (13).

Total	74
Terraced	41
Flat	18
Semi-detached	13
Detached	2
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (40), and Private rented: Private landlord or letting agency (13).

Owned: Owns with a mortgage or loan	40
Private rented: Private landlord or letting agency	13
Social rented: Other social rented	11
Shared ownership: Shared ownership	4
Owned: Owns outright	3
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 2GB have 2 people in household (19), and 1 person in household (16).

2 people in household	19
1 person in household	16
3 people in household	15
4 people in household	11
5 people in household	8
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0