Housing Market Analysis for WELLS ROAD, ME2 2QW

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

Overview of Sold House prices

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

Terraced
- The average price is around £147,804 median price is £152,250 Standard Deviation is £60,869 with Total Sold: 41
- The Last 5 Year average price is £232,778 with Total Sold: 6
- The most recent sale happened at this postcode is 2 WELLS ROAD: £235,000 (Sold on 31 Jul 2024)
- The first recorded sale happened at this postcode is 2 WELLS ROAD: £43,000 (Sold on 20 Apr 1995)
Semi-Detached
- The average price is around £67,248 median price is £64,498 Standard Deviation is £21,356 with Total Sold: 4
- The most recent sale happened at this postcode is 12 WELLS ROAD: £94,995 (Sold on 12 Jul 2002)
- The first recorded sale happened at this postcode is 12 WELLS ROAD: £48,000 (Sold on 08 Nov 1996)
Flat
- The average price is around £18,750 median price is £18,750 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 22 WELLS ROAD: £18,750 (Sold on 01 Jun 2001)
- The first recorded sale happened at this postcode is 22 WELLS ROAD: £18,750 (Sold on 01 Jun 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average ME2 2QW 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£235,000		1
2022	£186,666	£2,523	1
2021	£225,000	£3,104	2
2020	£265,000	£3,681	1
2019	£260,000	£3,611	1
2018	£202,000	£3,258	1
2016	£243,575	£3,383	1
2015	£185,000	£2,479	4
2014	£185,124	£2,363	4
2008	£165,000		1
2007	£132,000	£2,095	1
2006	£169,500		2
2005	£148,498	£1,932	3
2004	£131,438	£1,816	4
2003	£123,000		1
2002	£98,625	£1,405	4
2001	£77,624	£1,112	4
2000	£78,750	£1,076	2
1999	£57,000	£770	1
1996	£44,500	£494	1
1995	£43,000	£662	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2002	£94,995		1
2000	£80,995		1
1997	£45,000	£714	1
1996	£48,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2001	£18,750	£257	1

All the Sales in the WELLS ROAD, ME2 2QW

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

Address	Sold Date	Price	% Change
2 WELLS ROADTerraced, Freehold	31 Jul 2024	£235,000	102.59%
	15 Jan 2004	£116,000	45.00%
	30 May 2002	£80,000	86.05%
	20 Apr 1995	£43,000	First Sale
34 WELLS ROADTerraced, FreeholdArea: 74 Sq.mtrAge: 1967-1975	16 Dec 2022	£186,666	30.54%
	30 Sep 2005	£142,995	150.87%
	05 Jan 1999	£57,000	First Sale
20 WELLS ROADTerraced, FreeholdArea: 73 Sq.mtrAge: 1950-1966	04 Mar 2021	£225,000	First Sale
38 WELLS ROADTerraced, FreeholdArea: 72 Sq.mtrAge: 1950-1966	27 Jan 2021	£225,000	184.81%
	18 Jan 2001	£79,000	First Sale
40 WELLS ROADTerraced, FreeholdArea: 72 Sq.mtrAge: 1967-1975	21 Sep 2020	£265,000	29.27%
	09 Oct 2015	£205,000	164.52%
	03 Nov 2000	£77,500	First Sale
46 WELLS ROADTerraced, FreeholdArea: 72 Sq.mtrAge: 1967-1975	26 Jul 2019	£260,000	First Sale
10 WELLS ROADTerraced, FreeholdArea: 62 Sq.mtrAge: 1976-1982	25 Jan 2018	£202,000	32.03%
	23 Jan 2015	£153,000	33.62%
	16 Apr 2004	£114,500	34.71%
	13 Sep 2002	£85,000	First Sale
50 WELLS ROADTerraced, FreeholdArea: 72 Sq.mtrAge: 1967-1975	28 Oct 2016	£243,575	39.19%
	03 Sep 2014	£175,000	First Sale
52 WELLS ROADTerraced, Freehold	02 Oct 2015	£210,000	27.27%
	25 Jan 2008	£165,000	8.20%
	30 Sep 2005	£152,500	32.61%
	05 Jul 2002	£115,000	43.75%
	06 Dec 2000	£80,000	First Sale
6 WELLS ROADTerraced, FreeholdArea: 81 Sq.mtrAge: 1976-1982	25 Sep 2015	£172,000	First Sale
4 WELLS ROADTerraced, FreeholdArea: 63 Sq.mtrAge: 1967-1975	28 Nov 2014	£159,995	21.21%
	23 Feb 2007	£132,000	193.33%
	21 Feb 1997	£45,000	First Sale
58 WELLS ROADTerraced, FreeholdArea: 111 Sq.mtrAge: 1976-1982	29 Oct 2014	£242,000	First Sale
36 WELLS ROADTerraced, FreeholdArea: 71 Sq.mtrAge: 1950-1966	07 Feb 2014	£163,500	42.79%
	30 Aug 2002	£114,500	43.13%
	12 Apr 2001	£79,995	First Sale
28 WELLS ROADTerraced, Freehold	28 Apr 2006	£185,000	23.33%
28 WELLS ROADTerraced, Freehold	28 Apr 2005	£150,000	First Sale
26 WELLS ROADTerraced, Freehold	31 Jan 2006	£154,000	101.31%
26 WELLS ROADTerraced, Freehold	12 Jul 2001	£76,500	First Sale
16 WELLS ROADTerraced, Freehold	15 Nov 2004	£152,250	First Sale
24 WELLS ROADTerraced, Freehold	05 Nov 2004	£143,000	16.26%
	19 Mar 2003	£123,000	64.00%
	20 Apr 2001	£75,000	First Sale
12 WELLS ROADSemi-Detached, Freehold	12 Jul 2002	£94,995	17.29%
	31 Mar 2000	£80,995	68.74%
	08 Nov 1996	£48,000	First Sale
22 WELLS ROADFlat, LeaseholdArea: 73 Sq.mtrAge: 1976-1982	01 Jun 2001	£18,750	First Sale
42 WELLS ROADTerraced, FreeholdArea: 90 Sq.mtrAge: 1967-1975	31 Jan 1996	£44,500	First Sale

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

WELLS ROAD, ME2 2QW Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £150,149 median price is £140,000 Standard Deviation is £82,528 with Total Sold: 831
- The Last 5 Year average price is £277,087 with Total Sold: 139
- 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 £136,773 median price is £128,000 Standard Deviation is £73,547 with Total Sold: 2,019
- The Last 5 Year average price is £248,565 with Total Sold: 283
- 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 £128,330 median price is £126,000 Standard Deviation is £46,386 with Total Sold: 270
- 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 £461,075 median price is £92,750 Standard Deviation is £1,100,262 with Total Sold: 20
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£309,286	£4,145	7
2023	£302,269	£4,083	26
2022	£299,845	£4,016	25
2021	£267,153	£3,771	36
2020	£250,917	£3,241	24
2019	£255,024	£3,365	21
2018	£247,071	£3,126	21
2017	£232,833	£3,257	27
2016	£224,698	£2,916	29
2015	£204,893	£2,599	28
2014	£174,802	£2,340	23
2013	£156,578	£2,039	16
2012	£137,333	£1,799	12
2011	£146,044	£1,960	22
2010	£144,545	£1,720	11
2009	£136,902	£1,889	23
2008	£155,523	£2,618	21
2007	£161,248	£2,060	40
2006	£136,514	£1,805	36
2005	£140,652	£1,886	23
2004	£140,833	£1,930	31
2003	£126,638	£1,748	36
2002	£99,635	£1,354	44
2001	£75,852	£1,120	45
2000	£75,077	£961	45
1999	£62,666	£770	31
1998	£55,336	£724	41
1997	£49,474	£650	39
1996	£49,612	£628	24
1995	£46,146	£569	24

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£282,867	£3,667	15
2023	£277,058	£3,815	43
2022	£265,864	£3,636	54
2021	£240,990	£3,401	76
2020	£229,689	£3,289	45
2019	£223,590	£3,093	50
2018	£232,341	£3,153	66
2017	£219,407	£3,200	70
2016	£208,309	£3,063	88
2015	£174,832	£2,483	73
2014	£164,248	£2,243	79
2013	£138,927	£1,888	48
2012	£125,080	£1,767	40
2011	£136,259	£1,886	53
2010	£142,473	£1,814	38
2009	£150,668	£1,816	64
2008	£144,902	£2,003	36
2007	£140,608	£2,001	85
2006	£132,325	£1,891	83
2005	£128,704	£1,782	70
2004	£122,489	£1,720	98
2003	£107,660	£1,540	102
2002	£92,244	£1,329	86
2001	£70,359	£1,026	96
2000	£62,442	£903	80
1999	£52,748	£743	84
1998	£47,897	£690	82
1997	£45,154	£624	66
1996	£37,772	£559	74
1995	£41,683	£585	75

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£168,000		1
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	£105,048	£1,819	10
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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
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	£147,000		1
2007	£215,000	£2,129	1
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: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£25,333	£514	6
2022	£299,000	£3,581	2
2020	£290,000	£3,452	1
2019	£2,635,500		2
2018	£95,167	£31	3
2017	£225,000	£3,250	5
2015	£1,500,000		1

House Type in ME2 2QW area

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

Total	131
Terraced	93
Semi-detached	18
Flat	11
commercial building	6
Detached	2
temporary structure	1
Shared house	0
converted building	0

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 loan	63
Owned: Owns outright	43
Private rented: Private landlord or letting agency	20
Shared ownership: Shared ownership	3
Private rented: Other private rented	2
Social rented: Other social rented	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

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

2 people in household	49
1 person in household	29
4 people in household	24
3 people in household	17
5 people in household	7
6 people in household	4
7 people in household	1
0 people in household	0
8 or more people in household	0