Housing Market Analysis for NORWICH CLOSE, ME2 2QL

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £83,264 median price is £49,250 Standard Deviation is £54,090 with Total Sold: 18
    • The most recent sale happened at this postcode is 8 NORWICH CLOSE: £220,000 (Sold on 27 Jan 2017)
    • The first recorded sale happened at this postcode is 7 NORWICH CLOSE: £42,750 (Sold on 10 Mar 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average ME2 2QL 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£220,000 £2,472 1
2008£165,000 £1,854 1
2005£145,000 £1,629 1
2004£130,665 £1,749 3
2001£84,5001
1998£53,500 £716 2
1997£42,250 £611 2
1996£42,250 £557 4
1995£43,917 £595 3

All the Sales in the NORWICH CLOSE, ME2 2QL

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

AddressSold DatePrice% Change
8 NORWICH CLOSETerraced, FreeholdArea: 89 Sq.mtrAge: 1983-199027 Jan 2017£220,00033.33%
02 Jun 2008£165,00013.79%
03 Oct 2005£145,000First Sale
2 NORWICH CLOSETerraced, FreeholdArea: 73 Sq.mtrAge: 1976-198215 Oct 2004£137,000201.10%
29 Aug 1995£45,500First Sale
10 NORWICH CLOSETerraced, FreeholdArea: 74 Sq.mtrAge: 1967-197519 May 2004£120,000128.57%
09 Oct 1998£52,500First Sale
1 NORWICH CLOSETerraced, Freehold24 Mar 2004£134,995210.33%
05 May 1995£43,500First Sale
12 NORWICH CLOSETerraced, Freehold16 Nov 2001£84,50087.78%
30 Oct 1996£45,000First Sale
7 NORWICH CLOSETerraced, FreeholdArea: 75.34 Sq.mtrAge: 1967-197530 Jun 1998£54,50027.49%
10 Mar 1995£42,750First Sale
4 NORWICH CLOSETerraced, FreeholdArea: 64 Sq.mtrAge: 1983-199028 Apr 1997£42,000First Sale
5 NORWICH CLOSETerraced, FreeholdArea: 75 Sq.mtrAge: 1976-198228 Apr 1997£42,500First Sale
6 NORWICH CLOSETerraced, Freehold20 Dec 1996£46,000First Sale
3 NORWICH CLOSETerraced, FreeholdArea: 70 Sq.mtrAge: 1983-199026 Feb 1996£39,500First Sale
11 NORWICH CLOSETerraced, FreeholdArea: 70 Sq.mtrAge: 1983-199026 Feb 1996£38,500First Sale

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

NORWICH CLOSE, ME2 2QL Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £147,501 median price is £138,875 Standard Deviation is £82,515 with Total Sold: 670
    • The Last 5 Year average price is £275,786 with Total Sold: 112
    • 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)
  • Terraced
    • The average price is around £133,264 median price is £125,000 Standard Deviation is £73,602 with Total Sold: 1,734
    • The Last 5 Year average price is £249,642 with Total Sold: 241
    • 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 , 31 CURLEW CRESCENT: £44,000 (Sold on 06 Jan 1995)
  • Detached
    • The average price is around £164,469 median price is £146,000 Standard Deviation is £97,185 with Total Sold: 22
    • The Last 5 Year average price is £301,778 with Total Sold: 3
    • 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 £499,808 median price is £27,500 Standard Deviation is £1,184,141 with Total Sold: 18
    • The Last 5 Year average price is £622,778 with Total Sold: 9
    • The most recent sale happened at this postcode is , 1 DARNLEY CLOSE: £1,000 (Sold on 05 May 2023)
    • The first recorded sale happened at this postcode is , STROOD & HOO LEARNING RESOURCE CENTRE BLIGH WAY: £1,500,000 (Sold on 31 Jul 2015)
  • Flat
    • The average price is around £80,791 median price is £79,995 Standard Deviation is £40,994 with Total Sold: 109
    • The Last 5 Year average price is £138,967 with Total Sold: 15
    • The most recent sale happened at this postcode is , 17 MERRALS WOOD COURT: £165,000 (Sold on 20 Jan 2023)
    • 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:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£308,333 £3,460 3
2023£310,593 £3,951 27
2022£296,882 £4,138 17
2021£260,707 £3,577 29
2020£250,100 £3,053 20
2019£247,969 £3,298 16
2018£247,000 £3,010 18
2017£233,167 £3,095 21
2016£219,413 £2,788 26
2015£199,264 £2,379 17
2014£175,903 £2,194 16
2013£146,696 £1,788 14
2012£132,625 £1,614 12
2011£142,118 £1,755 17
2010£146,090 £1,769 11
2009£132,269 £1,856 13
2008£157,944 £2,991 9
2007£164,143 £2,035 28
2006£136,912 £1,828 33
2005£142,109 £1,835 23
2004£139,688 £1,857 27
2003£127,439 £1,680 33
2002£96,529 £1,296 33
2001£76,764 £1,054 33
2000£75,010 £985 33
1999£59,372 £737 30
1998£54,880 £716 25
1997£50,661 £643 34
1996£48,100 £602 27
1995£46,060 £546 25
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£280,462 £3,667 13
2023£284,162 £3,913 34
2022£272,138 £3,670 46
2021£237,893 £3,314 68
2020£229,184 £3,266 38
2019£225,048 £3,172 42
2018£229,857 £3,144 49
2017£217,202 £3,181 62
2016£209,674 £2,981 70
2015£176,859 £2,472 62
2014£158,700 £2,239 63
2013£141,988 £1,869 42
2012£126,082 £1,769 33
2011£126,965 £1,760 36
2010£123,950 £1,829 25
2009£126,291 £1,770 30
2008£151,279 £2,023 34
2007£144,314 £1,995 74
2006£135,340 £1,975 69
2005£129,580 £1,803 62
2004£121,471 £1,718 89
2003£108,186 £1,558 93
2002£93,990 £1,345 85
2001£70,834 £1,024 88
2000£64,551 £923 71
1999£52,662 £747 72
1998£48,355 £688 72
1997£45,409 £622 64
1996£38,262 £552 78
1995£41,804 £570 70
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£365,000 £4,562 1
2022£280,334 £3,840 1
2019£260,000 £2,796 1
2017£255,000 £3,493 1
2016£272,500 £3,164 2
2011£248,000 £3,077 2
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£67,5002
2001£87,665 £1,066 3
1997£65,000 £644 1
1996£48,000 £516 1
1995£50,498 £578 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,800 £25 5
2022£315,000 £3,580 1
2020£10,000 £161 1
2019£2,635,5002
2018£95,167 £31 3
2017£26,510 £959 4
2015£1,500,0002
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£165,000 £3,929 1
2022£137,000 £2,964 4
2021£142,812 £2,614 8
2020£114,500 £2,287 2
2018£140,000 £2,295 1
2017£142,750 £2,397 4
2016£104,499 £2,173 6
2015£104,250 £2,095 2
2013£92,988 £1,475 4
2012£62,500 £1,025 1
2010£89,500 £2,042 2
2008£108,500 £1,809 4
2007£93,450 £1,779 10
2006£87,643 £1,486 7
2005£77,050 £1,607 5
2004£97,250 £1,369 2
2003£69,498 £1,243 7
2002£59,185 £905 4
2001£46,406 £717 8
2000£42,186 £684 8
1999£33,899 £595 5
1998£28,893 £541 9
1997£26,500 £494 2
1996£29,5001
1995£28,000 £405 2

House Type in ME2 2QL area

The most common house types in the ME2 2QL postcode area are Terraced (102), Semi-detached (26), and Detached (1).

Total130
Terraced102
Semi-detached26
Detached1
Flat1
Shared house0
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 (65), and Owned: Owns outright (21).

Owned: Owns with a mortgage or loan65
Owned: Owns outright21
Social rented: Other social rented18
Private rented: Private landlord or letting agency17
Private rented: Other private rented3
Shared ownership: Shared ownership2
Social rented: Rents from council or Local Authority2
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the ME2 2QL have 2 people in household (42), and 3 people in household (33).

2 people in household42
3 people in household33
1 person in household24
4 people in household22
5 people in household6
6 people in household1
8 or more people in household1
0 people in household0
7 people in household0