Housing Market Analysis for LABURNUM ROAD, ME2 2LB

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

Overview of Sold House prices

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

Terraced
- The average price is around £190,973 median price is £222,000 Standard Deviation is £78,001 with Total Sold: 19
- The Last 5 Year average price is £282,800 with Total Sold: 5
- The most recent sale happened at this postcode is 85 LABURNUM ROAD: £295,000 (Sold on 28 Mar 2024)
- The first recorded sale happened at this postcode is 107 LABURNUM ROAD: £52,000 (Sold on 29 Oct 1999)
Semi-Detached
- The average price is around £204,766 median price is £200,000 Standard Deviation is £107,909 with Total Sold: 15
- The Last 5 Year average price is £332,900 with Total Sold: 5
- The most recent sale happened at this postcode is 89 LABURNUM ROAD: £451,500 (Sold on 14 Sep 2022)
- The first recorded sale happened at this postcode is 135 LABURNUM ROAD: £310,000 (Sold on 15 Dec 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average ME2 2LB 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
2024	£295,000		1
2023	£312,500	£3,896	2
2022	£249,000	£3,112	1
2019	£245,000	£3,062	1
2018	£248,500	£2,734	2
2017	£222,000	£2,775	1
2016	£223,500	£2,812	2
2010	£125,250	£1,461	2
2007	£135,000	£1,688	1
2006	£141,498	£1,788	2
2005	£132,000	£1,650	1
2003	£111,000	£1,442	1
2001	£85,000	£810	1
1999	£52,000	£634	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£392,250	£4,257	2
2021	£285,000	£4,467	2
2015	£210,000	£2,951	3
2005	£129,995	£1,625	1
2004	£151,500	£1,614	2
2002	£116,250	£1,061	2
1997	£55,748	£596	2
2023	£310,000	£3,875	1

All the Sales in the LABURNUM ROAD, ME2 2LB

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

Address	Sold Date	Price	% Change
85 LABURNUM ROADTerraced, Freehold	28 Mar 2024	£295,000	First Sale
125 LABURNUM ROADTerraced, FreeholdArea: 80 Sq.mtrAge: 1950-1966	19 May 2023	£280,000	26.13%
	24 Nov 2017	£222,000	64.44%
	06 Dec 2007	£135,000	First Sale
99 LABURNUM ROADTerraced, FreeholdArea: 80.4 Sq.mtrAge: 1950-1966	20 Jan 2023	£345,000	165.38%
	12 Nov 2010	£130,000	First Sale
89 LABURNUM ROADSemi-Detached, FreeholdArea: 93 Sq.mtrAge: 1950-1966	14 Sep 2022	£451,500	199.01%
	26 Jul 2004	£151,000	151.69%
	08 Aug 1997	£59,995	First Sale
145 LABURNUM ROADSemi-Detached, FreeholdArea: 91 Sq.mtrAge: 2007-2011	01 Aug 2022	£333,000	66.50%
	06 Mar 2015	£200,000	First Sale
113 LABURNUM ROADTerraced, FreeholdArea: 80 Sq.mtrAge: 1930-1949	20 Jun 2022	£249,000	First Sale
143 LABURNUM ROADSemi-Detached, FreeholdArea: 46.42 Sq.mtr	01 Jul 2021	£275,000	37.50%
143 LABURNUM ROADSemi-Detached, FreeholdArea: 46.42 Sq.mtr	27 Jan 2015	£200,000	First Sale
87 LABURNUM ROADSemi-Detached, FreeholdArea: 98 Sq.mtrAge: 1967-1975	21 May 2021	£295,000	First Sale
131 LABURNUM ROADTerraced, FreeholdArea: 80 Sq.mtrAge: 1950-1966	31 Oct 2019	£245,000	First Sale
141 LABURNUM ROADTerraced, FreeholdArea: 80 Sq.mtrAge: 1950-1966	31 Aug 2018	£247,000	87.12%
	14 Sep 2005	£132,000	First Sale
117 LABURNUM ROADTerraced, FreeholdArea: 105 Sq.mtrAge: 1950-1966	29 Mar 2018	£250,000	194.12%
	07 Sep 2001	£85,000	First Sale
139 LABURNUM ROADTerraced, FreeholdArea: 80 Sq.mtrAge: 1950-1966	07 Dec 2016	£222,000	55.24%
	31 Aug 2006	£143,000	First Sale
109 LABURNUM ROADTerraced, FreeholdArea: 79 Sq.mtrAge: 1950-1966	21 Sep 2016	£225,000	First Sale
91 LABURNUM ROADSemi-Detached, FreeholdArea: 98 Sq.mtrAge: 1950-1966	23 Nov 2015	£230,000	51.32%
	16 Jul 2004	£152,000	195.15%
	25 Jul 1997	£51,500	First Sale
119 LABURNUM ROADTerraced, FreeholdArea: 92.3 Sq.mtrAge: 1930-1949	28 May 2010	£120,500	First Sale
133 LABURNUM ROADTerraced, Freehold	08 Sep 2006	£139,995	First Sale
135 LABURNUM ROADSemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1967-1975	07 Jan 2005	£129,995	-58.07%
	15 Dec 2023	£310,000	First Sale
107 LABURNUM ROADTerraced, FreeholdArea: 77 Sq.mtrAge: 1950-1966	23 May 2003	£111,000	113.46%
	29 Oct 1999	£52,000	First Sale
97 LABURNUM ROADSemi-Detached, FreeholdArea: 132 Sq.mtrAge: 1950-1966	10 Oct 2002	£140,000	First Sale
95 LABURNUM ROADSemi-Detached, Freehold	11 Jan 2002	£92,500	First Sale

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

LABURNUM ROAD, ME2 2LB Near By properties

Interactive Map

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

Terraced
- The average price is around £152,493 median price is £140,000 Standard Deviation is £81,147 with Total Sold: 1,989
- The Last 5 Year average price is £258,951 with Total Sold: 310
- 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 £154,904 median price is £143,000 Standard Deviation is £85,068 with Total Sold: 1,133
- The Last 5 Year average price is £281,995 with Total Sold: 193
- 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 £207,651 median price is £211,000 Standard Deviation is £96,809 with Total Sold: 33
- The Last 5 Year average price is £310,700 with Total Sold: 5
- 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 £126,645 median price is £125,000 Standard Deviation is £45,525 with Total Sold: 337
- The Last 5 Year average price is £173,624 with Total Sold: 61
- 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 £508,318 median price is £260,500 Standard Deviation is £1,037,716 with Total Sold: 22
- The Last 5 Year average price is £598,462 with Total Sold: 13
- 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 , GREATFIELD LODGE DARNLEY ROAD: £1,500,000 (Sold on 31 Jul 2015)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£291,905	£3,837	21
2023	£287,093	£3,773	43
2022	£283,994	£3,542	56
2021	£248,922	£3,401	90
2020	£237,602	£3,191	54
2019	£231,793	£3,056	46
2018	£248,153	£3,101	84
2017	£240,352	£3,219	71
2016	£220,487	£3,041	89
2015	£184,622	£2,452	78
2014	£174,998	£2,263	80
2013	£146,266	£1,898	47
2012	£130,899	£1,795	40
2011	£142,777	£1,886	53
2010	£164,820	£1,824	59
2009	£155,959	£1,781	88
2008	£170,051	£2,085	62
2007	£169,841	£2,113	100
2006	£132,111	£1,945	72
2005	£129,213	£1,756	53
2004	£121,455	£1,743	80
2003	£106,199	£1,535	89
2002	£91,099	£1,342	75
2001	£70,373	£1,059	85
2000	£62,166	£888	72
1999	£51,681	£778	67
1998	£48,107	£713	66
1997	£44,846	£641	57
1996	£38,032	£576	55
1995	£41,083	£587	57

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£310,212	£4,145	13
2023	£309,818	£4,147	37
2022	£310,919	£4,161	31
2021	£272,809	£3,773	47
2020	£251,333	£3,508	30
2019	£255,100	£3,293	35
2018	£252,446	£3,362	37
2017	£239,125	£3,340	40
2016	£228,425	£3,023	37
2015	£201,329	£2,604	34
2014	£174,665	£2,360	33
2013	£157,130	£2,168	25
2012	£147,306	£1,941	18
2011	£146,615	£2,034	28
2010	£149,147	£1,921	17
2009	£135,484	£2,022	32
2008	£178,541	£2,370	34
2007	£165,736	£2,206	57
2006	£143,012	£1,927	41
2005	£141,919	£1,865	31
2004	£139,508	£1,959	40
2003	£127,036	£1,891	52
2002	£103,576	£1,425	52
2001	£77,473	£1,119	61
2000	£74,723	£949	51
1999	£62,594	£829	44
1998	£56,938	£759	53
1997	£49,881	£632	55
1996	£46,541	£635	41
1995	£46,139	£564	27

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
2019	£173,500	£4,138	1
2017	£294,500	£2,936	4
2016	£272,500	£3,164	2
2014	£204,000	£2,346	2
2013	£211,000	£1,153	1
2011	£243,167	£2,672	3
2010	£237,500	£1,951	2
2009	£125,250	£2,027	2
2008	£147,000		1
2007	£206,667	£2,062	3
2006	£180,000	£2,466	1
2002	£93,000		1
2001	£87,665	£1,066	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	£197,500	£3,307	2
2023	£188,614	£3,266	7
2022	£181,417	£3,154	15
2021	£168,250	£3,108	20
2020	£158,900	£2,944	10
2019	£171,500	£3,051	7
2018	£184,688	£2,977	12
2017	£165,080	£3,036	25
2016	£154,282	£2,843	23
2015	£130,954	£2,377	11
2014	£129,825	£2,319	20
2013	£116,105	£1,902	9
2012	£102,771	£1,890	11
2011	£118,440	£1,993	26
2010	£117,515	£2,084	43
2009	£115,588	£1,934	22
2008	£82,330	£1,934	5
2007	£109,427	£1,912	7
2006	£99,237	£2,097	19
2005	£88,500	£1,687	4
2004	£93,874	£1,515	4
2003	£80,500	£1,377	2
2002	£57,082	£895	3
2001	£46,541	£768	12
2000	£46,298	£714	5
1999	£35,375	£529	4
1998	£29,361	£591	4
1996	£24,833	£474	3
1995	£30,250	£350	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£30,200	£640	5
2022	£299,000	£3,581	2
2021	£410,000	£8,894	2
2020	£470,000	£3,452	2
2019	£2,635,500		2
2018	£182,667	£1,586	3
2017	£276,250	£3,250	4
2016	£250,000	£4,167	1
2015	£1,500,000		1

House Type in ME2 2LB area

The most common house types in the ME2 2LB postcode area are Terraced (77), Semi-detached (29), and Flat (14).

Total	127
Terraced	77
Semi-detached	29
Flat	14
Detached	6
Shared house	1
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 (44), and Social rented: Other social rented (29).

Owned: Owns with a mortgage or loan	44
Social rented: Other social rented	29
Owned: Owns outright	22
Private rented: Private landlord or letting agency	20
Social rented: Rents from council or Local Authority	8
Private rented: Other private rented	2
Shared ownership: Shared ownership	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the ME2 2LB have 2 people in household (31), and 4 people in household (31).

2 people in household	31
4 people in household	31
3 people in household	25
1 person in household	23
5 people in household	11
6 people in household	4
8 or more people in household	1
0 people in household	0
7 people in household	0