Housing Market Analysis for CEDAR ROAD, ME2 2HB

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £145,080 median price is £135,000 Standard Deviation is £86,131 with Total Sold: 25
- The Last 5 Year average price is £266,333 with Total Sold: 6
- The most recent sale happened at this postcode is 41 CEDAR ROAD: £320,000 (Sold on 24 Oct 2023)
- The first recorded sale happened at this postcode is 35 CEDAR ROAD: £340,000 (Sold on 12 Aug 2024)
Terraced
- The average price is around £108,000 median price is £108,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 2 CEDAR ROAD: £108,000 (Sold on 07 Feb 2012)
- The first recorded sale happened at this postcode is 2 CEDAR ROAD: £108,000 (Sold on 07 Feb 2012)

Sold Price Trend Over the Years:

Below table and chart gives the average ME2 2HB 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£320,000	£3,556	1
2020	£272,500	£3,134	2
2019	£196,500	£2,418	2
2016	£196,500	£2,620	1
2015	£185,000	£2,056	1
2014	£132,500	£1,732	2
2013	£127,500	£1,678	1
2012	£135,000	£1,476	1
2011	£128,500	£1,691	1
2006	£149,500		2
2005	£136,000	£2,092	1
2003	£115,000		1
2002	£89,000	£1,156	1
2000	£67,498	£920	2
1997	£42,750	£534	2
1996	£43,500	£627	2
1995	£45,000		1
2024	£340,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2012	£108,000	£1,161	1

All the Sales in the CEDAR ROAD, ME2 2HB

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

Address	Sold Date	Price	% Change
41 CEDAR ROADSemi-Detached, FreeholdArea: 90 Sq.mtrAge: 1930-1949	24 Oct 2023	£320,000	First Sale
27 CEDAR ROADSemi-Detached, FreeholdArea: 91.48 Sq.mtrAge: 1930-1949	10 Nov 2020	£300,000	122.22%
	01 Jun 2012	£135,000	First Sale
23 CEDAR ROADSemi-Detached, LeaseholdArea: 82 Sq.mtrAge: 1930-1949	16 Jul 2020	£245,000	First Sale
39 CEDAR ROADSemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1930-1949	22 Nov 2019	£243,000	23.66%
	22 Jun 2016	£196,500	379.27%
	04 Apr 1996	£41,000	First Sale
29 CEDAR ROADSemi-Detached, FreeholdArea: 94 Sq.mtrAge: 1930-1949	31 Jan 2019	£150,000	First Sale
10 CEDAR ROADSemi-Detached, FreeholdArea: 90 Sq.mtrAge: 1900-1929	27 Mar 2015	£185,000	First Sale
16 CEDAR ROADSemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1930-1949	14 Feb 2014	£135,000	51.69%
	24 Jun 2002	£89,000	First Sale
37 CEDAR ROADSemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1900-1929	24 Jan 2014	£130,000	First Sale
21 CEDAR ROADSemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1930-1949	29 Nov 2013	£127,500	First Sale
2 CEDAR ROADTerraced, LeaseholdArea: 93 Sq.mtrAge: 1930-1949	07 Feb 2012	£108,000	First Sale
31 CEDAR ROADSemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1930-1949	15 Nov 2011	£128,500	First Sale
14 CEDAR ROADSemi-Detached, Freehold	26 May 2006	£158,000	251.11%
14 CEDAR ROADSemi-Detached, Freehold	30 Oct 1995	£45,000	First Sale
25 CEDAR ROADSemi-Detached, Freehold	28 Apr 2006	£141,000	First Sale
4 CEDAR ROADSemi-Detached, FreeholdArea: 65 Sq.mtrAge: 1930-1949	25 Jul 2005	£136,000	112.52%
	04 Feb 2000	£63,995	39.12%
	17 May 1996	£46,000	First Sale
8 CEDAR ROADSemi-Detached, Freehold	23 Oct 2003	£115,000	First Sale
35 CEDAR ROADSemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1930-1949	28 Apr 2000	£71,000	-79.12%
	12 Aug 2024	£340,000	First Sale
18 CEDAR ROADSemi-Detached, FreeholdArea: 80.1 Sq.mtrAge: 1950-1966	28 Nov 1997	£47,000	22.08%
	13 Mar 1997	£38,500	First Sale

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

CEDAR ROAD, ME2 2HB Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £152,706 median price is £140,000 Standard Deviation is £88,079 with Total Sold: 864
- The Last 5 Year average price is £284,342 with Total Sold: 143
- The most recent sale happened at this postcode is , 20 PINE ROAD: £317,500 (Sold on 04 Sep 2024)
- The first recorded sale happened at this postcode is , 138 HAWTHORN ROAD: £25,250 (Sold on 24 Feb 1995)
Detached
- The average price is around £297,064 median price is £270,000 Standard Deviation is £149,676 with Total Sold: 85
- The Last 5 Year average price is £451,529 with Total Sold: 17
- The most recent sale happened at this postcode is , 26 WOODSTOCK ROAD: £410,000 (Sold on 19 Aug 2024)
- The first recorded sale happened at this postcode is , 14A WOODSTOCK ROAD: £140,000 (Sold on 29 Aug 1995)
Terraced
- The average price is around £130,032 median price is £121,000 Standard Deviation is £70,842 with Total Sold: 889
- The Last 5 Year average price is £241,011 with Total Sold: 135
- The most recent sale happened at this postcode is , 18 SMITH STREET: £340,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 52 WOODSTOCK ROAD: £29,720 (Sold on 15 Feb 1995)
Other
- The average price is around £262,003 median price is £122,000 Standard Deviation is £403,087 with Total Sold: 67
- The Last 5 Year average price is £221,755 with Total Sold: 32
- The most recent sale happened at this postcode is , UNIT 8-10 DEACON TRADING CENTRE: £775,000 (Sold on 08 Aug 2024)
- The first recorded sale happened at this postcode is , UNIT F3 KNIGHTS PARK INDUSTRIAL ESTATE: £220,000 (Sold on 10 Apr 2015)
Flat
- The average price is around £94,293 median price is £95,000 Standard Deviation is £48,895 with Total Sold: 372
- The Last 5 Year average price is £158,531 with Total Sold: 57
- The most recent sale happened at this postcode is , 19 WYATT PLACE: £168,000 (Sold on 06 Aug 2024)
- The first recorded sale happened at this postcode is , 73B CUXTON ROAD: £27,000 (Sold on 06 Feb 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£291,477	£3,812	11
2023	£301,996	£3,624	26
2022	£317,127	£3,885	26
2021	£278,740	£3,686	35
2020	£262,278	£3,341	18
2019	£254,833	£3,066	27
2018	£251,263	£3,189	38
2017	£244,591	£3,212	22
2016	£218,360	£2,854	25
2015	£201,450	£2,437	16
2014	£175,079	£2,260	27
2013	£156,520	£2,072	25
2012	£154,067	£1,918	15
2011	£144,512	£1,752	17
2010	£151,966	£1,946	15
2009	£145,932	£1,925	20
2008	£170,090	£2,159	22
2007	£165,274	£2,029	35
2006	£156,430	£1,947	36
2005	£143,239	£1,839	31
2004	£138,972	£1,747	33
2003	£123,497	£1,742	42
2002	£108,065	£1,330	40
2001	£79,104	£981	42
2000	£74,809	£895	36
1999	£61,577	£885	32
1998	£53,276	£733	36
1997	£51,331	£628	55
1996	£43,263	£528	39
1995	£43,270	£544	22

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£515,000		2
2023	£335,000	£2,770	3
2022	£488,750	£4,280	4
2021	£504,000	£4,042	2
2020	£382,000	£3,392	4
2019	£575,000	£4,132	2
2018	£452,500	£3,136	2
2017	£455,600	£3,056	5
2016	£332,500	£2,742	4
2015	£303,400	£3,251	5
2014	£439,000	£1,869	2
2013	£207,500	£2,154	2
2012	£242,333	£1,935	3
2011	£215,000	£2,287	1
2010	£497,000	£1,692	1
2009	£342,745	£1,753	2
2007	£248,389	£2,685	9
2006	£262,500		2
2005	£317,988	£1,537	4
2004	£251,499		4
2003	£90,500	£1,265	1
2002	£163,624	£1,612	4
2001	£232,500	£928	2
2000	£142,498	£835	4
1999	£89,333	£706	3
1998	£187,000		2
1997	£86,500		1
1996	£110,000	£1,011	4
1995	£140,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£258,500	£3,803	8
2023	£258,737	£3,554	19
2022	£264,930	£3,652	25
2021	£232,991	£3,466	32
2020	£224,327	£3,094	27
2019	£225,695	£3,051	24
2018	£209,192	£3,132	26
2017	£208,233	£3,047	23
2016	£197,558	£2,672	26
2015	£171,828	£2,330	29
2014	£145,871	£2,219	39
2013	£132,484	£1,868	32
2012	£122,833	£1,975	12
2011	£131,200	£1,620	15
2010	£124,125	£1,833	18
2009	£129,875	£1,550	16
2008	£140,462	£1,974	29
2007	£135,528	£1,930	50
2006	£128,222	£2,058	31
2005	£118,464	£1,843	32
2004	£116,487	£1,691	39
2003	£105,979	£1,698	45
2002	£84,721	£1,284	41
2001	£71,655	£966	48
2000	£64,566	£956	45
1999	£51,869	£786	48
1998	£47,941	£701	34
1997	£39,860	£590	32
1996	£46,849	£611	26
1995	£37,359	£559	18

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£775,000		1
2023	£465,375	£21	4
2022	£162,000		3
2021	£135,495	£103	7
2020	£213,542		6
2019	£158,541	£1,074	11
2018	£275,025	£3,210	20
2017	£125,000		7
2016	£600,100	£4,167	3
2015	£456,449		5

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£155,625	£2,896	4
2023	£189,167	£2,982	6
2022	£176,364	£3,042	11
2021	£146,109	£2,537	16
2020	£151,100	£2,363	10
2019	£149,000	£3,532	10
2018	£151,000	£3,030	11
2017	£151,909	£2,900	11
2016	£118,457	£2,334	23
2015	£120,433	£2,054	15
2014	£105,700	£1,806	5
2013	£92,600	£1,548	5
2012	£106,875	£1,718	8
2011	£97,300	£1,704	10
2010	£117,125	£1,884	8
2009	£100,071	£2,001	7
2008	£106,706	£2,640	14
2007	£108,181	£1,554	11
2006	£99,867	£1,817	23
2005	£90,011	£1,726	9
2004	£92,122	£1,679	20
2003	£75,345	£1,528	22
2002	£60,590	£1,338	11
2001	£48,312	£1,025	24
2000	£42,262	£774	18
1999	£32,529	£593	17
1998	£30,734	£583	19
1997	£28,687	£534	8
1996	£25,929	£521	7
1995	£32,778	£610	9

House Type in ME2 2HB area

The most common house types in the ME2 2HB postcode area are Semi-detached (74), Terraced (30), and Flat (11).

Total	131
Semi-detached	74
Terraced	30
Flat	11
Shared house	10
commercial building	4
Detached	2
converted 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 (52), and Owned: Owns outright (40).

Owned: Owns with a mortgage or loan	52
Owned: Owns outright	40
Private rented: Private landlord or letting agency	27
Social rented: Other social rented	6
Private rented: Other private rented	4
Social rented: Rents from council or Local Authority	3
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the ME2 2HB have 1 person in household (40), and 2 people in household (33).

1 person in household	40
2 people in household	33
3 people in household	26
4 people in household	21
6 people in household	8
5 people in household	3
7 people in household	1
0 people in household	0
8 or more people in household	0