Housing Market Analysis for LILAC ROAD, ME2 2LE

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £123,738 median price is £83,000 Standard Deviation is £80,428 with Total Sold: 25
- The Last 5 Year average price is £247,500 with Total Sold: 2
- The most recent sale happened at this postcode is 23 LILAC ROAD: £275,000 (Sold on 31 Mar 2023)
- The first recorded sale happened at this postcode is 3 LILAC ROAD: £41,000 (Sold on 18 Nov 1996)
Terraced
- The average price is around £50,000 median price is £50,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 12 LILAC ROAD: £50,000 (Sold on 08 Dec 1995)
- The first recorded sale happened at this postcode is 12 LILAC ROAD: £50,000 (Sold on 08 Dec 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average ME2 2LE 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	£275,000	£4,044	1
2020	£220,000	£3,548	1
2018	£215,000	£2,905	1
2017	£250,000	£3,012	1
2016	£298,000	£3,041	1
2015	£217,000	£2,646	1
2014	£168,250	£2,134	2
2011	£159,000		1
2009	£165,500	£1,989	1
2001	£82,500		2
2000	£79,998	£933	2
1999	£84,750	£1,046	2
1998	£55,658	£794	6
1997	£44,000	£500	2
1996	£41,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
1995	£50,000		1

All the Sales in the LILAC ROAD, ME2 2LE

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

Address	Sold Date	Price	% Change
23 LILAC ROADSemi-Detached, FreeholdArea: 68 Sq.mtrAge: 1950-1966	31 Mar 2023	£275,000	First Sale
11 LILAC ROADSemi-Detached, FreeholdArea: 62 Sq.mtrAge: 1930-1949	16 Nov 2020	£220,000	First Sale
2 LILAC ROADSemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1930-1949	20 Nov 2018	£215,000	271.01%
	29 May 1998	£57,950	First Sale
36 LILAC ROADSemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1950-1966	13 Nov 2017	£250,000	First Sale
20 LILAC ROADSemi-Detached, FreeholdArea: 98 Sq.mtrAge: 1930-1949	17 Jun 2016	£298,000	190.73%
	21 May 1999	£102,500	First Sale
31 LILAC ROADSemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1950-1966	06 Nov 2015	£217,000	228.79%
	13 Mar 1998	£66,000	First Sale
16 LILAC ROADSemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1930-1949	19 Sep 2014	£166,000	137.16%
	29 Mar 2000	£69,995	First Sale
39 LILAC ROADSemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1950-1966	25 Jun 2014	£170,500	First Sale
37 LILAC ROADSemi-Detached, Freehold	11 Nov 2011	£159,000	First Sale
29 LILAC ROADSemi-Detached, FreeholdArea: 83.22 Sq.mtrAge: 1950-1966	05 Nov 2009	£165,500	First Sale
3 LILAC ROADSemi-Detached, Freehold	27 Jul 2001	£82,000	31.20%
	04 Dec 1998	£62,500	52.44%
	18 Nov 1996	£41,000	First Sale
30 LILAC ROADSemi-Detached, Freehold	29 Jun 2001	£83,000	First Sale
34 LILAC ROADSemi-Detached, Freehold	10 Jul 2000	£90,000	First Sale
32 LILAC ROADSemi-Detached, Freehold	05 Jul 1999	£67,000	First Sale
10 LILAC ROADSemi-Detached, Freehold	14 Dec 1998	£55,000	41.03%
10 LILAC ROADSemi-Detached, Freehold	13 May 1998	£39,000	First Sale
13 LILAC ROADSemi-Detached, Freehold	27 Feb 1998	£53,500	First Sale
1 LILAC ROADSemi-Detached, FreeholdArea: 61 Sq.mtrAge: 1950-1966	28 Aug 1997	£30,500	First Sale
25 LILAC ROADSemi-Detached, Freehold	27 Jan 1997	£57,500	First Sale
12 LILAC ROADTerraced, Freehold	08 Dec 1995	£50,000	First Sale

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

LILAC ROAD, ME2 2LE Near By properties

Interactive Map

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

Terraced
- The average price is around £152,152 median price is £140,000 Standard Deviation is £80,092 with Total Sold: 2,142
- The Last 5 Year average price is £257,580 with Total Sold: 341
- 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 £153,591 median price is £140,000 Standard Deviation is £84,729 with Total Sold: 1,415
- The Last 5 Year average price is £279,712 with Total Sold: 244
- 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 £197,132 median price is £185,500 Standard Deviation is £101,169 with Total Sold: 34
- 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 £118,092 median price is £120,000 Standard Deviation is £48,631 with Total Sold: 369
- The Last 5 Year average price is £168,742 with Total Sold: 66
- 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 £404,071 median price is £169,000 Standard Deviation is £941,441 with Total Sold: 28
- The Last 5 Year average price is £416,367 with Total Sold: 19
- 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	£287,682	£3,837	22
2023	£283,904	£3,790	47
2022	£283,440	£3,572	62
2021	£250,894	£3,432	94
2020	£236,287	£3,211	64
2019	£228,513	£3,082	52
2018	£246,214	£3,119	88
2017	£237,597	£3,209	77
2016	£219,406	£3,031	93
2015	£182,855	£2,449	85
2014	£171,259	£2,223	94
2013	£143,182	£1,904	55
2012	£131,385	£1,823	44
2011	£141,850	£1,893	52
2010	£159,989	£1,819	58
2009	£155,283	£1,775	88
2008	£167,285	£2,082	69
2007	£165,381	£2,098	118
2006	£131,348	£1,936	79
2005	£127,680	£1,769	60
2004	£119,907	£1,701	93
2003	£106,404	£1,555	92
2002	£90,797	£1,328	79
2001	£69,720	£1,059	83
2000	£61,088	£891	79
1999	£50,901	£756	80
1998	£47,705	£715	70
1997	£44,304	£641	59
1996	£38,586	£569	52
1995	£41,449	£584	54

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£296,103	£4,145	17
2023	£311,261	£4,086	47
2022	£303,759	£4,063	41
2021	£271,421	£3,721	57
2020	£249,917	£3,395	36
2019	£253,576	£3,275	46
2018	£249,611	£3,336	45
2017	£239,255	£3,282	47
2016	£227,061	£2,975	45
2015	£202,826	£2,577	42
2014	£177,527	£2,348	40
2013	£155,112	£2,157	29
2012	£147,065	£1,877	23
2011	£142,598	£1,959	35
2010	£148,375	£1,875	20
2009	£132,938	£1,893	41
2008	£173,320	£2,287	45
2007	£162,780	£2,146	73
2006	£142,212	£1,916	54
2005	£141,333	£1,826	39
2004	£138,773	£1,842	56
2003	£125,375	£1,828	61
2002	£101,616	£1,383	64
2001	£77,963	£1,064	72
2000	£73,006	£904	62
1999	£61,712	£802	57
1998	£54,842	£729	67
1997	£49,579	£629	72
1996	£45,859	£590	52
1995	£46,492	£576	30

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	£272,000	£2,421	4
2016	£272,500	£3,164	2
2015	£66,000	£574	1
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
2002	£93,000		1
2001	£87,665	£1,066	3
1999	£74,000	£725	1
1998	£54,000		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	£177,833	£3,258	6
2022	£176,732	£3,084	14
2021	£158,226	£2,996	21
2020	£165,964	£2,872	14
2019	£172,722	£3,104	9
2018	£183,477	£2,977	11
2017	£162,217	£3,012	23
2016	£151,977	£2,891	22
2015	£121,843	£2,272	16
2014	£130,694	£2,306	18
2013	£115,294	£1,902	10
2012	£105,549	£1,764	10
2011	£102,998	£1,928	13
2010	£117,515	£2,084	43
2009	£115,247	£1,935	24
2008	£83,525	£1,934	6
2007	£105,554	£1,856	9
2006	£96,870	£2,014	23
2005	£78,036	£1,728	7
2004	£91,954	£1,486	11
2003	£72,428	£1,721	7
2002	£59,936	£983	4
2001	£46,178	£773	14
2000	£43,284	£744	7
1999	£33,638	£534	9
1998	£29,306	£543	8
1996	£22,400	£474	5
1995	£31,833	£477	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£21,929	£432	7
2022	£201,333	£3,581	3
2021	£207,170	£3,030	4
2020	£470,000	£3,452	2
2019	£1,794,933	£1,074	3
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 2LE area

The most common house types in the ME2 2LE postcode area are Semi-detached (67), Terraced (40), and Detached (4).

Total	113
Semi-detached	67
Terraced	40
Detached	4
Flat	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 (42), and Owned: Owns outright (29).

Owned: Owns with a mortgage or loan	42
Owned: Owns outright	29
Social rented: Other social rented	27
Private rented: Private landlord or letting agency	8
Social rented: Rents from council or Local Authority	6
Private rented: Other private rented	1
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 2LE have 2 people in household (29), and 4 people in household (27).

2 people in household	29
4 people in household	27
1 person in household	21
3 people in household	21
5 people in household	7
6 people in household	3
7 people in household	3
0 people in household	0
8 or more people in household	0