Housing Market Analysis for WELLS ROAD, ME2 2PW

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £78,593 median price is £64,000 Standard Deviation is £39,940 with Total Sold: 23
    • The Last 5 Year average price is £170,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 59, WELLS COURT WELLS ROAD: £170,000 (Sold on 11 Jun 2021)
    • The first recorded sale happened at this postcode is 59, WELLS COURT WELLS ROAD: £28,000 (Sold on 28 Feb 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average ME2 2PW 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£170,000 £2,125 1
2017£160,500 £1,672 1
2016£150,0001
2013£100,975 £1,256 2
2007£95,000 £990 1
2006£93,500 £1,190 3
2005£93,0001
2004£98,000 £1,207 1
2002£58,750 £612 1
2001£53,749 £694 4
2000£49,665 £565 3
1999£37,000 £437 2
1998£33,9501
1995£28,000 £350 1

All the Sales in the WELLS ROAD, ME2 2PW

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

AddressSold DatePrice% Change
59, WELLS COURT WELLS ROADFlat, LeaseholdArea: 80 Sq.mtrAge: 1967-197511 Jun 2021£170,000507.14%
28 Feb 1995£28,000First Sale
63, WELLS COURT WELLS ROADFlat, LeaseholdArea: 96 Sq.mtrAge: 1967-197521 Apr 2017£160,50068.95%
20 Jul 2007£95,00061.70%
26 Apr 2002£58,75025.00%
31 May 2000£47,000First Sale
FLAT 6A 55, WELLS COURT WELLS ROADFlat, Leasehold22 Dec 2016£150,00050.08%
31 Oct 2013£99,950First Sale
45, WELLS COURT WELLS ROADFlat, LeaseholdArea: 81.2 Sq.mtrAge: 1950-196629 Nov 2013£102,000-6.42%
12 Jun 2006£109,00011.22%
20 May 2004£98,00053.12%
11 Jan 2001£64,00023.08%
31 Aug 2000£52,000First Sale
57, WELLS COURT WELLS ROADFlat, LeaseholdArea: 77 Sq.mtrAge: 1967-197526 May 2006£92,50017.09%
06 Apr 2006£79,00058.00%
19 Jan 2001£50,000First Sale
53, WELLS COURT WELLS ROADFlat, Leasehold14 Oct 2005£93,00086.02%
09 Jan 2001£49,99547.26%
30 Apr 1998£33,950First Sale
49, WELLS COURT WELLS ROADFlat, LeaseholdArea: 79 Sq.mtrAge: 1976-198207 Sep 2001£51,00047.83%
10 Sep 1999£34,500First Sale
47, WELLS COURT WELLS ROADFlat, Leasehold25 Aug 2000£49,995First Sale
51, WELLS COURT WELLS ROADFlat, Leasehold08 Oct 1999£39,500First Sale

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

WELLS ROAD, ME2 2PW Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £149,872 median price is £140,000 Standard Deviation is £82,671 with Total Sold: 750
    • The Last 5 Year average price is £277,667 with Total Sold: 123
    • 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)
  • Terraced
    • The average price is around £136,403 median price is £128,000 Standard Deviation is £73,773 with Total Sold: 1,915
    • The Last 5 Year average price is £249,035 with Total Sold: 266
    • The most recent sale happened at this postcode is , 76 WINSTON ROAD: £304,000 (Sold on 02 Aug 2024)
    • The first recorded sale happened at this postcode is , 17 BRISTOL CLOSE: £44,250 (Sold on 06 Jan 1995)
  • Flat
    • The average price is around £128,213 median price is £125,000 Standard Deviation is £46,432 with Total Sold: 269
    • The Last 5 Year average price is £177,621 with Total Sold: 52
    • 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)
  • Detached
    • The average price is around £188,174 median price is £188,000 Standard Deviation is £100,622 with Total Sold: 22
    • The Last 5 Year average price is £322,667 with Total Sold: 2
    • The most recent sale happened at this postcode is , 69 RANSCOMBE CLOSE: £365,000 (Sold on 27 Oct 2023)
    • The first recorded sale happened at this postcode is , 18 BRISTOL CLOSE: £41,000 (Sold on 07 Jul 1995)
  • Other
    • The average price is around £439,553 median price is £42,500 Standard Deviation is £1,124,734 with Total Sold: 19
    • The Last 5 Year average price is £573,727 with Total Sold: 11
    • 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£309,167 £4,145 6
2023£299,760 £4,130 25
2022£304,571 £4,095 21
2021£266,790 £3,801 31
2020£249,857 £3,314 21
2019£257,395 £3,378 19
2018£255,500 £3,157 17
2017£233,327 £3,276 26
2016£226,163 £2,898 26
2015£204,833 £2,608 27
2014£176,602 £2,365 19
2013£157,950 £2,059 15
2012£138,909 £1,822 11
2011£148,054 £2,080 18
2010£146,000 £1,726 10
2009£136,902 £1,889 23
2008£155,184 £2,761 19
2007£165,954 £2,129 33
2006£138,435 £1,848 31
2005£141,131 £1,916 19
2004£141,339 £1,963 29
2003£126,397 £1,748 34
2002£99,924 £1,374 40
2001£75,498 £1,130 40
2000£76,719 £1,007 41
1999£62,555 £770 30
1998£56,009 £737 36
1997£49,474 £650 39
1996£49,878 £645 21
1995£46,848 £569 23
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£284,692 £3,667 13
2023£284,224 £3,922 38
2022£265,685 £3,629 52
2021£239,578 £3,399 74
2020£230,750 £3,312 42
2019£223,532 £3,104 47
2018£234,563 £3,175 63
2017£218,856 £3,227 66
2016£209,565 £3,115 79
2015£176,724 £2,524 68
2014£163,982 £2,247 77
2013£137,988 £1,890 44
2012£125,720 £1,793 35
2011£136,627 £1,913 49
2010£142,473 £1,814 38
2009£151,496 £1,820 62
2008£144,902 £2,003 36
2007£141,464 £2,009 78
2006£134,257 £1,937 72
2005£128,592 £1,779 68
2004£122,477 £1,723 93
2003£108,175 £1,550 99
2002£91,813 £1,333 83
2001£70,541 £1,032 95
2000£63,083 £919 76
1999£52,913 £747 79
1998£48,107 £693 80
1997£45,154 £624 66
1996£37,742 £559 73
1995£41,889 £594 70
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£168,0001
2023£188,614 £3,266 7
2022£187,409 £3,150 11
2021£173,000 £3,108 19
2020£171,286 £2,987 7
2019£171,500 £3,051 7
2018£182,917 £2,998 9
2017£166,405 £3,055 21
2016£154,282 £2,843 23
2015£140,562 £2,423 8
2014£123,769 £2,334 13
2013£115,778 £1,820 7
2012£98,942 £1,908 9
2011£118,297 £1,993 25
2010£117,515 £2,084 43
2009£109,646 £1,783 10
2007£98,249 £1,727 4
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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£365,000 £4,562 1
2022£280,334 £3,840 1
2017£326,500 £2,828 2
2016£272,500 £3,164 2
2011£243,167 £2,672 3
2010£240,000 £1,968 1
2009£145,000 £1,537 1
2008£147,0001
2007£215,000 £2,129 1
2006£180,000 £2,466 1
2003£117,9951
2002£93,0001
2001£87,665 £1,066 3
1997£65,000 £644 1
1995£50,498 £578 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£25,333 £514 6
2022£299,000 £3,581 2
2020£290,000 £3,452 1
2019£2,635,5002
2018£95,167 £31 3
2017£63,750 £3,250 4
2015£1,500,0001

House Type in ME2 2PW area

The most common house types in the ME2 2PW postcode area are Terraced (93), Semi-detached (18), and Flat (11).

Total131
Terraced93
Semi-detached18
Flat11
commercial building6
Detached2
temporary structure1
Shared house0
converted building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (63), and Owned: Owns outright (43).

Owned: Owns with a mortgage or loan63
Owned: Owns outright43
Private rented: Private landlord or letting agency20
Shared ownership: Shared ownership3
Private rented: Other private rented2
Social rented: Other social rented1
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the ME2 2PW have 2 people in household (49), and 1 person in household (29).

2 people in household49
1 person in household29
4 people in household24
3 people in household17
5 people in household7
6 people in household4
7 people in household1
0 people in household0
8 or more people in household0