Housing Market Analysis for MERRALS WOOD ROAD, ME2 2PP

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £172,984 median price is £155,000 Standard Deviation is £95,601 with Total Sold: 36
- The Last 5 Year average price is £301,444 with Total Sold: 9
- The most recent sale happened at this postcode is 19 MERRALS WOOD ROAD: £350,000 (Sold on 06 Jul 2023)
- The first recorded sale happened at this postcode is 15 MERRALS WOOD ROAD: £300,000 (Sold on 19 Apr 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average ME2 2PP 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	£341,000	£4,088	3
2022	£290,000	£4,328	1
2021	£300,000	£4,273	2
2019	£250,000	£3,185	2
2017	£235,000	£3,204	2
2016	£230,000	£3,151	1
2015	£250,000	£2,475	1
2014	£170,000	£2,220	2
2012	£118,000	£1,708	1
2009	£138,500	£1,653	2
2008	£155,000	£3,100	1
2007	£200,000		1
2005	£148,000	£1,897	1
2004	£170,000	£1,931	2
2003	£125,500	£1,687	3
2000	£75,000	£840	3
1999	£64,995	£941	1
1998	£60,000		1
1997	£57,498	£895	2
1996	£59,950	£749	1
1995	£42,500	£477	2
2024	£300,000	£3,460	1

All the Sales in the MERRALS WOOD ROAD, ME2 2PP

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

Address	Sold Date	Price	% Change
19 MERRALS WOOD ROADSemi-Detached, FreeholdArea: 101 Sq.mtrAge: 1950-1966	06 Jul 2023	£350,000	2.34%
	10 Dec 2021	£342,000	36.80%
	29 May 2015	£250,000	28.21%
	08 Sep 2004	£195,000	160.00%
	25 Aug 2000	£75,000	First Sale
3 MERRALS WOOD ROADSemi-Detached, FreeholdArea: 65 Sq.mtrAge: 1967-1975	03 Apr 2023	£298,000	First Sale
18 MERRALS WOOD ROADSemi-Detached, FreeholdArea: 89 Sq.mtrAge: 1950-1966	27 Feb 2023	£375,000	First Sale
10 MERRALS WOOD ROADSemi-Detached, FreeholdArea: 67 Sq.mtrAge: 1950-1966	25 Mar 2022	£290,000	31.82%
	29 Sep 2017	£220,000	266.70%
	13 Oct 1997	£59,995	First Sale
21 MERRALS WOOD ROADSemi-Detached, FreeholdArea: 50 Sq.mtrAge: 1950-1966	03 Jun 2021	£258,000	66.45%
	18 Apr 2008	£155,000	First Sale
22 MERRALS WOOD ROADSemi-Detached, Freehold	11 Nov 2019	£280,000	First Sale
7 MERRALS WOOD ROADSemi-Detached, FreeholdArea: 69.08 Sq.mtrAge: 1950-1966	14 Mar 2019	£220,000	86.44%
	19 Nov 2012	£118,000	81.55%
	26 Nov 1999	£64,995	First Sale
23 MERRALS WOOD ROADSemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1930-1949	12 Jan 2017	£250,000	233.33%
	03 Nov 2000	£75,000	First Sale
16 MERRALS WOOD ROADSemi-Detached, FreeholdArea: 73 Sq.mtrAge: 1950-1966	11 May 2016	£230,000	First Sale
12 MERRALS WOOD ROADSemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1950-1966	08 Oct 2014	£185,000	39.62%
	16 May 2003	£132,500	First Sale
5 MERRALS WOOD ROADSemi-Detached, FreeholdArea: 67 Sq.mtrAge: 1950-1966	13 Jun 2014	£155,000	25.00%
	17 Apr 2003	£124,000	First Sale
2 MERRALS WOOD ROADSemi-Detached, Freehold	10 Aug 2009	£167,000	First Sale
1 MERRALS WOOD ROADSemi-Detached, FreeholdArea: 66.56 Sq.mtrAge: 1967-1975	21 May 2009	£110,000	First Sale
14 MERRALS WOOD ROADSemi-Detached, Freehold	15 Feb 2007	£200,000	First Sale
15 MERRALS WOOD ROADSemi-Detached, FreeholdArea: 78 Sq.mtrAge: 1967-1975	15 Jul 2005	£148,000	-50.67%
	19 Apr 2024	£300,000	First Sale
17 MERRALS WOOD ROADSemi-Detached, Freehold	24 Sep 2004	£145,000	93.33%
17 MERRALS WOOD ROADSemi-Detached, Freehold	31 May 2000	£75,000	First Sale
27 MERRALS WOOD ROADSemi-Detached, Freehold	03 Apr 2003	£120,000	First Sale
4 MERRALS WOOD ROADSemi-Detached, Freehold	30 Jan 1998	£60,000	First Sale
11 MERRALS WOOD ROADSemi-Detached, Freehold	06 Mar 1997	£55,000	First Sale
13 MERRALS WOOD ROADSemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1967-1975	11 Apr 1996	£59,950	First Sale
25 MERRALS WOOD ROADSemi-Detached, FreeholdArea: 52.39 Sq.mtrAge: 1967-1975	07 Nov 1995	£25,000	First Sale
24 MERRALS WOOD ROADSemi-Detached, Freehold	28 Apr 1995	£60,000	First Sale

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

MERRALS WOOD ROAD, ME2 2PP Near By properties

Interactive Map

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

Terraced
- The average price is around £150,953 median price is £139,995 Standard Deviation is £79,888 with Total Sold: 2,226
- The Last 5 Year average price is £258,304 with Total Sold: 337
- 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 £206,223 median price is £211,000 Standard Deviation is £97,458 with Total Sold: 35
- The Last 5 Year average price is £305,639 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 , 18 BRISTOL CLOSE: £41,000 (Sold on 07 Jul 1995)
Semi-Detached
- The average price is around £150,920 median price is £140,000 Standard Deviation is £84,608 with Total Sold: 852
- The Last 5 Year average price is £278,759 with Total Sold: 145
- 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 , 44 RANSCOMBE CLOSE: £43,000 (Sold on 16 Jan 1995)
Flat
- The average price is around £129,144 median price is £127,498 Standard Deviation is £45,683 with Total Sold: 312
- The Last 5 Year average price is £174,601 with Total Sold: 60
- 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 £449,848 median price is £195,000 Standard Deviation is £1,026,565 with Total Sold: 23
- The Last 5 Year average price is £548,538 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	£298,000	£3,605	20
2023	£285,450	£3,774	50
2022	£280,551	£3,529	66
2021	£249,891	£3,358	87
2020	£236,767	£3,206	58
2019	£229,045	£3,038	56
2018	£247,720	£3,077	88
2017	£236,054	£3,164	83
2016	£219,570	£3,023	104
2015	£183,075	£2,445	86
2014	£170,313	£2,234	96
2013	£146,949	£1,888	49
2012	£130,237	£1,743	42
2011	£141,376	£1,893	59
2010	£163,703	£1,812	61
2009	£152,953	£1,767	93
2008	£168,760	£2,065	68
2007	£166,674	£2,079	113
2006	£132,364	£1,885	77
2005	£129,054	£1,791	70
2004	£123,182	£1,721	98
2003	£108,070	£1,551	101
2002	£92,366	£1,332	82
2001	£71,053	£1,019	94
2000	£62,476	£891	77
1999	£52,684	£748	78
1998	£47,608	£691	75
1997	£45,439	£635	63
1996	£38,528	£564	64
1995	£41,680	£587	68

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£355,000		1
2023	£365,000	£4,562	1
2022	£345,167	£6,367	2
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
2003	£117,995		1
2002	£93,000		1
2001	£87,665	£1,066	3
1997	£65,000	£644	1
1995	£50,498	£578	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£303,000	£4,145	9
2023	£301,018	£4,113	28
2022	£310,565	£4,125	23
2021	£267,526	£3,739	38
2020	£248,136	£3,370	22
2019	£259,860	£3,252	25
2018	£248,312	£3,201	24
2017	£232,589	£3,291	28
2016	£229,676	£2,909	27
2015	£204,482	£2,631	28
2014	£175,116	£2,367	21
2013	£158,089	£2,067	14
2012	£138,500	£1,867	14
2011	£146,840	£2,046	19
2010	£142,731	£1,818	13
2009	£132,827	£1,877	26
2008	£178,600	£2,446	29
2007	£163,800	£2,225	40
2006	£137,951	£1,825	31
2005	£138,774	£1,891	20
2004	£140,220	£1,967	31
2003	£124,878	£1,774	37
2002	£99,072	£1,381	41
2001	£76,106	£1,128	46
2000	£74,518	£952	51
1999	£62,288	£757	30
1998	£55,750	£750	40
1997	£49,102	£635	44
1996	£47,136	£617	27
1995	£45,798	£546	26

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	£163,778	£2,967	9
2019	£171,500	£3,051	7
2018	£184,688	£2,977	12
2017	£168,457	£3,025	23
2016	£154,282	£2,843	23
2015	£140,389	£2,423	9
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	£74,912	£1,240	4
2007	£107,598	£1,727	5
2006	£90,100	£1,386	5
2005	£77,050	£1,687	5
2004	£93,874	£1,515	4
2003	£80,500	£1,377	2
2002	£57,082	£895	3
2001	£49,477	£768	11
2000	£46,298	£714	5
1999	£36,667	£529	3
1998	£29,361	£591	4
1996	£22,000	£468	1
1995	£30,250	£350	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£25,333	£514	6
2022	£299,000	£3,581	2
2021	£410,000	£8,894	2
2020	£290,000	£3,452	1
2019	£2,635,500		2
2018	£147,625	£1,586	4
2017	£225,000	£3,250	5
2015	£1,500,000		1

House Type in ME2 2PP area

The most common house types in the ME2 2PP postcode area are Semi-detached (118), Terraced (15), and temporary structure (1).

Total	134
Semi-detached	118
Terraced	15
temporary structure	1
Detached	0
Flat	0
Shared house	0
converted building	0
commercial building	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 (49).

Owned: Owns with a mortgage or loan	52
Owned: Owns outright	49
Social rented: Other social rented	14
Private rented: Private landlord or letting agency	9
Shared ownership: Shared ownership	4
Private rented: Other private rented	4
Social rented: Rents from council or Local Authority	3
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the ME2 2PP have 2 people in household (52), and 1 person in household (33).

2 people in household	52
1 person in household	33
3 people in household	24
4 people in household	13
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