Housing Market Analysis for OAK ROAD, ME2 2LL

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £170,963 median price is £145,500 Standard Deviation is £84,190 with Total Sold: 15
    • The Last 5 Year average price is £324,833 with Total Sold: 3
    • The most recent sale happened at this postcode is 15 OAK ROAD: £322,500 (Sold on 28 Jun 2023)
    • The first recorded sale happened at this postcode is 3 OAK ROAD: £342,000 (Sold on 17 Nov 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average ME2 2LL 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£332,250 £4,554 2
2022£310,000 £4,306 1
2014£177,500 £2,910 1
2013£171,000 £1,859 1
2012£140,000 £1,842 1
2009£94,0001
2008£152,4982
2006£163,0001
2004£145,500 £2,079 1
2002£132,748 £1,398 2
2000£71,950 £782 1
1998£56,5001

All the Sales in the OAK ROAD, ME2 2LL

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

AddressSold DatePrice% Change
15 OAK ROADSemi-Detached, FreeholdArea: 70 Sq.mtrAge: 1950-196628 Jun 2023£322,500121.65%
19 Aug 2004£145,500First Sale
9 OAK ROADSemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1930-194911 Feb 2022£310,000First Sale
2 OAK ROADSemi-Detached, FreeholdArea: 61 Sq.mtrAge: 1930-194920 Jun 2014£177,50031.48%
07 Feb 2008£135,000First Sale
1 OAK ROADSemi-Detached, FreeholdArea: 92 Sq.mtrAge: 1950-196610 May 2013£171,0004.91%
08 Dec 2006£163,00020.30%
26 Jul 2002£135,50088.33%
05 May 2000£71,950First Sale
3 OAK ROADSemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1930-194928 Jun 2012£140,00048.94%
09 Jan 2009£94,000-72.51%
17 Nov 2023£342,000First Sale
5 OAK ROADSemi-Detached, Freehold29 Jan 2008£169,995First Sale
12 OAK ROADSemi-Detached, FreeholdArea: 93 Sq.mtrAge: 1950-196624 May 2002£129,995First Sale
8 OAK ROADSemi-Detached, Freehold24 Aug 1998£56,500First Sale

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

OAK ROAD, ME2 2LL Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £146,310 median price is £135,000 Standard Deviation is £77,434 with Total Sold: 1,624
    • The Last 5 Year average price is £252,310 with Total Sold: 276
    • 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 £153,689 median price is £141,500 Standard Deviation is £84,405 with Total Sold: 1,485
    • The Last 5 Year average price is £279,129 with Total Sold: 261
    • 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 £240,403 median price is £233,000 Standard Deviation is £136,683 with Total Sold: 31
    • The Last 5 Year average price is £408,083 with Total Sold: 6
    • 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)
  • Other
    • The average price is around £386,258 median price is £113,800 Standard Deviation is £959,826 with Total Sold: 27
    • The Last 5 Year average price is £382,419 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)
  • Flat
    • The average price is around £96,653 median price is £98,000 Standard Deviation is £48,235 with Total Sold: 207
    • The Last 5 Year average price is £155,276 with Total Sold: 39
    • The most recent sale happened at this postcode is UPPER FLAT, 6 MAPLE ROAD: £147,500 (Sold on 23 May 2023)
    • The first recorded sale happened at this postcode is , 148 CEDAR ROAD: £32,500 (Sold on 24 Feb 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£274,158 £3,801 19
2023£277,548 £3,782 42
2022£278,203 £3,504 47
2021£245,621 £3,457 66
2020£233,903 £3,244 53
2019£226,289 £3,062 49
2018£238,468 £3,065 62
2017£226,418 £3,286 49
2016£213,508 £2,929 74
2015£176,499 £2,356 72
2014£161,610 £2,208 67
2013£135,083 £1,868 42
2012£126,256 £1,776 33
2011£122,788 £1,701 26
2010£139,806 £1,806 32
2009£114,646 £1,639 30
2008£154,276 £2,004 44
2007£153,467 £1,981 110
2006£130,664 £1,898 70
2005£127,545 £1,727 52
2004£121,397 £1,673 71
2003£105,637 £1,483 73
2002£90,181 £1,312 69
2001£71,496 £1,059 62
2000£60,979 £857 62
1999£51,696 £744 76
1998£48,438 £710 59
1997£43,613 £628 44
1996£41,913 £589 29
1995£41,819 £549 40
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£293,819 £4,034 18
2023£305,923 £3,980 49
2022£305,071 £4,004 51
2021£271,769 £3,668 60
2020£251,029 £3,301 34
2019£248,449 £3,264 49
2018£250,798 £3,292 47
2017£237,184 £3,249 49
2016£225,583 £2,898 51
2015£199,993 £2,542 44
2014£178,027 £2,341 41
2013£152,621 £2,088 31
2012£145,938 £1,864 28
2011£144,361 £1,945 33
2010£143,333 £1,829 24
2009£131,308 £1,816 38
2008£165,145 £2,239 41
2007£162,384 £2,106 74
2006£144,651 £1,876 56
2005£141,378 £1,822 46
2004£138,268 £1,799 59
2003£125,136 £1,759 65
2002£102,277 £1,362 72
2001£79,183 £1,059 70
2000£71,622 £900 66
1999£61,592 £786 60
1998£54,724 £734 65
1997£48,935 £617 79
1996£45,830 £590 52
1995£46,477 £571 33
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£355,0001
2023£485,500 £3,946 2
2022£410,000 £8,894 1
2021£472,500 £2,899 1
2020£240,000 £2,526 1
2017£304,333 £1,837 3
2016£272,500 £3,164 2
2015£66,000 £574 1
2014£326,500 £2,213 2
2013£211,000 £1,153 1
2011£248,000 £3,077 2
2010£235,000 £1,934 1
2009£145,000 £1,537 1
2007£215,000 £2,129 1
2006£309,500 £1,801 2
2002£195,000 £1,137 2
2001£87,665 £1,066 3
1999£74,000 £725 1
1998£54,0001
1997£65,000 £644 1
1995£59,995 £594 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£21,929 £432 7
2022£201,333 £3,581 3
2021£166,733 £2,301 5
2020£290,000 £3,452 1
2019£1,794,933 £1,074 3
2018£167,667 £1,620 3
2017£303,3333
2016£250,000 £4,167 1
2015£1,500,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£163,625 £3,049 4
2022£155,100 £2,946 5
2021£146,589 £2,840 14
2020£157,000 £2,680 11
2019£169,300 £3,018 5
2018£166,500 £2,810 2
2017£134,100 £2,766 10
2016£138,188 £2,542 8
2015£109,750 £2,132 10
2014£124,667 £1,786 3
2013£103,317 £1,256 3
2012£118,333 £1,276 3
2011£82,500 £1,493 6
2010£93,250 £1,856 4
2009£95,750 £1,632 4
2008£83,525 £1,934 6
2007£105,554 £1,856 9
2006£96,870 £2,014 23
2005£85,833 £1,728 6
2004£91,954 £1,486 11
2003£71,999 £1,721 8
2002£55,849 £983 5
2001£46,178 £773 14
2000£43,284 £744 7
1999£33,224 £534 10
1998£29,306 £543 8
1996£22,400 £474 5
1995£31,833 £477 3

House Type in ME2 2LL area

The most common house types in the ME2 2LL 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 2LL 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