Housing Market Analysis for CHESTNUT ROAD, ME2 2LH

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

Overview of Sold House prices

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

  • Other
    • The average price is around £143,000 median price is £143,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £143,000 with Total Sold: 1
    • 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 5 CHESTNUT ROAD: £143,000 (Sold on 18 Oct 2023)
  • Terraced
    • The average price is around £162,409 median price is £135,000 Standard Deviation is £95,077 with Total Sold: 11
    • The Last 5 Year average price is £308,667 with Total Sold: 3
    • The most recent sale happened at this postcode is 6 CHESTNUT ROAD: £300,000 (Sold on 03 Jul 2023)
    • The first recorded sale happened at this postcode is 16 CHESTNUT ROAD: £52,000 (Sold on 07 Jul 1995)
  • Semi-Detached
    • The average price is around £162,333 median price is £163,000 Standard Deviation is £66,050 with Total Sold: 9
    • The Last 5 Year average price is £280,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 20 CHESTNUT ROAD: £280,500 (Sold on 28 Jan 2022)
    • The first recorded sale happened at this postcode is 27 CHESTNUT ROAD: £75,000 (Sold on 28 Feb 2001)
  • Flat
    • The average price is around £105,100 median price is £103,000 Standard Deviation is £31,097 with Total Sold: 5
    • The Last 5 Year average price is £135,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 3 CHESTNUT ROAD: £135,000 (Sold on 15 Mar 2021)
    • The first recorded sale happened at this postcode is 5 CHESTNUT ROAD: £102,500 (Sold on 08 Oct 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average ME2 2LH 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£143,000 £2,467 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£300,000 £3,614 1
2022£340,000 £4,302 1
2021£286,000 £3,043 1
2011£125,000 £1,578 2
2007£145,000 £1,543 1
2004£134,000 £1,542 2
2002£87,500 £1,094 1
1997£58,000 £731 1
1995£52,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£280,500 £3,339 1
2016£235,0001
2015£200,0001
2009£139,0001
2008£165,0001
2007£163,0001
2005£141,0001
2002£62,500 £1,078 1
2001£75,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£135,000 £2,704 2
2011£103,000 £1,777 1
2009£50,000 £1,064 1
2004£102,500 £1,768 1

All the Sales in the CHESTNUT ROAD, ME2 2LH

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

AddressSold DatePrice% Change
5 CHESTNUT ROADOther, FreeholdArea: 57.96 Sq.mtrAge: 1950-196618 Oct 2023£143,00038.83%
09 Sep 2011£103,0000.49%
08 Oct 2004£102,50064.00%
30 Aug 2002£62,500First Sale
6 CHESTNUT ROADTerraced, FreeholdArea: 83 Sq.mtrAge: 1967-197503 Jul 2023£300,000134.38%
30 Mar 2004£128,000First Sale
19 CHESTNUT ROADTerraced, FreeholdArea: 79.04 Sq.mtrAge: 1967-197515 Jul 2022£340,000151.85%
15 Apr 2011£135,000First Sale
20 CHESTNUT ROADSemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1950-196628 Jan 2022£280,500First Sale
12 CHESTNUT ROADTerraced, FreeholdArea: 94 Sq.mtrAge: 1950-196626 Aug 2021£286,00097.24%
02 Feb 2007£145,000First Sale
3 CHESTNUT ROADFlat, LeaseholdArea: 53.22 Sq.mtrAge: 1930-194915 Mar 2021£135,000First Sale
1 CHESTNUT ROADFlat, LeaseholdArea: 47 Sq.mtrAge: 1930-194915 Mar 2021£135,000170.00%
25 Sep 2009£50,000First Sale
27 CHESTNUT ROADSemi-Detached, Freehold29 Apr 2016£235,00042.42%
03 Sep 2008£165,000120.00%
28 Feb 2001£75,000First Sale
18 CHESTNUT ROADSemi-Detached, Freehold11 Jun 2015£200,000First Sale
15 CHESTNUT ROADTerraced, FreeholdArea: 79.38 Sq.mtrAge: 1967-197514 Jan 2011£115,00098.28%
15 Aug 1997£58,000First Sale
24 CHESTNUT ROADSemi-Detached, Freehold14 Aug 2009£139,000-1.42%
01 Sep 2005£141,000First Sale
25 CHESTNUT ROADSemi-Detached, Freehold09 May 2007£163,000First Sale
16 CHESTNUT ROADTerraced, Freehold17 May 2004£140,000169.23%
07 Jul 1995£52,000First Sale
11 CHESTNUT ROADTerraced, FreeholdArea: 80 Sq.mtrAge: 1950-196607 May 2002£87,500First Sale

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

CHESTNUT ROAD, ME2 2LH Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £145,420 median price is £134,995 Standard Deviation is £78,293 with Total Sold: 2,183
    • The Last 5 Year average price is £254,918 with Total Sold: 342
    • 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 , 17 BRISTOL CLOSE: £44,250 (Sold on 06 Jan 1995)
  • Detached
    • The average price is around £201,395 median price is £211,000 Standard Deviation is £101,975 with Total Sold: 35
    • The Last 5 Year average price is £332,067 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 , 18 BRISTOL CLOSE: £41,000 (Sold on 07 Jul 1995)
  • Semi-Detached
    • The average price is around £149,720 median price is £137,000 Standard Deviation is £84,312 with Total Sold: 1,342
    • The Last 5 Year average price is £277,403 with Total Sold: 227
    • The most recent sale happened at this postcode is , 16 LILAC CRESCENT: £325,000 (Sold on 05 Aug 2024)
    • The first recorded sale happened at this postcode is , 68 CARNATION ROAD: £41,000 (Sold on 06 Jan 1995)
  • Flat
    • The average price is around £114,315 median price is £115,000 Standard Deviation is £48,681 with Total Sold: 277
    • The Last 5 Year average price is £164,933 with Total Sold: 52
    • The most recent sale happened at this postcode is 12, SPERRIN PLACE SILVER STREAK WAY: £227,000 (Sold on 23 Feb 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 £372,196 median price is £78,150 Standard Deviation is £944,840 with Total Sold: 28
    • The Last 5 Year average price is £403,388 with Total Sold: 18
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£283,158 £3,732 19
2023£280,521 £3,801 47
2022£280,575 £3,569 67
2021£247,983 £3,417 91
2020£234,162 £3,293 64
2019£227,151 £3,063 54
2018£240,883 £3,102 81
2017£228,203 £3,229 69
2016£212,853 £3,032 101
2015£179,207 £2,448 88
2014£163,716 £2,230 87
2013£137,731 £1,892 54
2012£126,790 £1,751 43
2011£137,776 £1,874 57
2010£147,280 £1,809 44
2009£133,786 £1,816 55
2008£162,716 £2,088 63
2007£163,266 £2,060 126
2006£131,832 £1,886 83
2005£127,803 £1,763 67
2004£119,834 £1,675 94
2003£106,949 £1,522 105
2002£92,369 £1,327 87
2001£70,093 £1,015 96
2000£61,925 £882 84
1999£51,333 £736 89
1998£47,309 £687 77
1997£44,719 £631 64
1996£38,093 £562 62
1995£41,477 £572 65
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£355,0001
2023£365,000 £4,562 1
2022£345,167 £6,367 2
2021£250,000 £3,676 1
2017£292,000 £2,251 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£145,000 £1,537 1
2008£147,0001
2007£206,667 £2,062 3
2006£180,000 £2,466 1
2003£117,9951
2002£93,0001
2001£87,665 £1,066 3
1998£54,0001
1997£65,000 £644 1
1995£50,498 £578 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£296,696 £4,145 14
2023£307,854 £3,946 48
2022£301,532 £4,081 35
2021£267,510 £3,653 51
2020£249,014 £3,312 37
2019£253,083 £3,256 42
2018£249,538 £3,236 40
2017£236,267 £3,278 43
2016£227,157 £2,899 43
2015£202,964 £2,549 42
2014£171,513 £2,273 35
2013£150,157 £1,978 27
2012£137,646 £1,770 24
2011£142,812 £1,905 35
2010£144,952 £1,789 21
2009£124,897 £1,731 32
2008£172,156 £2,338 41
2007£158,342 £2,089 67
2006£137,750 £1,840 52
2005£137,040 £1,793 37
2004£138,288 £1,840 55
2003£123,821 £1,674 56
2002£98,588 £1,356 56
2001£77,207 £1,065 74
2000£71,991 £901 66
1999£60,457 £736 56
1998£53,036 £707 62
1997£48,186 £614 68
1996£45,158 £576 47
1995£45,035 £540 36
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£227,000 £3,307 1
2023£163,625 £3,049 4
2022£171,354 £3,085 12
2021£154,234 £2,908 16
2020£164,458 £2,756 12
2019£171,071 £2,990 7
2018£187,656 £2,814 8
2017£153,467 £2,798 15
2016£145,808 £2,567 13
2015£115,875 £2,168 12
2014£134,500 £2,253 13
2013£113,707 £1,878 7
2012£113,000 £1,434 5
2011£93,332 £1,690 6
2010£117,827 £1,932 28
2009£113,965 £1,975 15
2008£82,330 £1,934 5
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£73,667 £1,721 6
2002£59,936 £983 4
2001£49,187 £773 12
2000£43,284 £744 7
1999£34,892 £534 7
1998£30,635 £543 7
1996£22,500 £468 2
1995£31,833 £477 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£21,929 £432 7
2022£201,333 £3,581 3
2021£207,170 £3,030 4
2020£290,000 £3,452 1
2019£1,794,933 £1,074 3
2018£95,167 £31 3
2017£225,000 £3,250 5
2016£250,000 £4,167 1
2015£1,500,0001

House Type in ME2 2LH area

The most common house types in the ME2 2LH postcode area are Terraced (72), Semi-detached (47), and Flat (4).

Total128
Terraced72
Semi-detached47
Flat4
Detached3
Shared house2
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (47), and Private rented: Private landlord or letting agency (27).

Owned: Owns with a mortgage or loan47
Private rented: Private landlord or letting agency27
Owned: Owns outright24
Social rented: Other social rented21
Social rented: Rents from council or Local Authority6
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the ME2 2LH have 1 person in household (31), and 2 people in household (30).

1 person in household31
2 people in household30
3 people in household26
4 people in household24
5 people in household8
6 people in household5
8 or more people in household3
7 people in household1
0 people in household0