Housing Market Analysis for TERN CRESCENT, ME2 2RE

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £175,227 median price is £180,000 Standard Deviation is £72,975 with Total Sold: 11
    • The Last 5 Year average price is £285,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 12 TERN CRESCENT: £310,000 (Sold on 27 Jun 2022)
    • The first recorded sale happened at this postcode is 12 TERN CRESCENT: £50,000 (Sold on 12 Apr 1996)
  • Semi-Detached
    • The average price is around £220,832 median price is £232,500 Standard Deviation is £90,195 with Total Sold: 3
    • The Last 5 Year average price is £325,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 TERN CRESCENT: £325,000 (Sold on 10 Dec 2021)
    • The first recorded sale happened at this postcode is 9 TERN CRESCENT: £104,995 (Sold on 30 Aug 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average ME2 2RE 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
2022£310,000 £3,647 1
2021£260,000 £3,171 1
2017£219,250 £2,742 2
2015£181,750 £2,217 2
2007£151,500 £1,915 1
2005£140,000 £1,647 1
2003£137,000 £1,612 1
2001£77,000 £973 1
1996£50,000 £588 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£325,000 £2,955 1
2017£232,500 £2,906 1
2002£104,995 £1,312 1

All the Sales in the TERN CRESCENT, ME2 2RE

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

AddressSold DatePrice% Change
12 TERN CRESCENTTerraced, FreeholdArea: 85 Sq.mtrAge: 1950-196627 Jun 2022£310,00068.94%
09 Oct 2015£183,50031.07%
20 Dec 2005£140,0002.19%
17 Feb 2003£137,000174.00%
12 Apr 1996£50,000First Sale
1 TERN CRESCENTSemi-Detached, FreeholdArea: 110 Sq.mtrAge: 1950-196610 Dec 2021£325,000First Sale
6 TERN CRESCENTTerraced, FreeholdArea: 82 Sq.mtrAge: 1930-194927 Jul 2021£260,000First Sale
4 TERN CRESCENTTerraced, FreeholdArea: 79.1 Sq.mtrAge: 1950-196610 Jul 2017£237,50031.94%
24 Jul 2015£180,00018.81%
16 Feb 2007£151,50096.75%
26 Jan 2001£77,000First Sale
18 TERN CRESCENTTerraced, FreeholdArea: 81 Sq.mtrAge: 1950-196630 Jun 2017£201,000First Sale
9 TERN CRESCENTSemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1930-194928 Mar 2017£232,500121.44%
30 Aug 2002£104,995First Sale

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

TERN CRESCENT, ME2 2RE Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £167,145 median price is £150,000 Standard Deviation is £95,919 with Total Sold: 598
    • The Last 5 Year average price is £314,254 with Total Sold: 93
    • The most recent sale happened at this postcode is , 205 CARNATION ROAD: £337,000 (Sold on 30 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 £134,988 median price is £127,000 Standard Deviation is £73,143 with Total Sold: 1,319
    • The Last 5 Year average price is £251,426 with Total Sold: 183
    • 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)
  • Other
    • The average price is around £625,426 median price is £10,000 Standard Deviation is £1,370,553 with Total Sold: 13
    • The Last 5 Year average price is £717,000 with Total Sold: 7
    • 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)
  • Detached
    • The average price is around £153,768 median price is £151,000 Standard Deviation is £79,007 with Total Sold: 18
    • The Last 5 Year average price is £270,167 with Total Sold: 2
    • The most recent sale happened at this postcode is , 18 BRISTOL CLOSE: £280,334 (Sold on 25 Nov 2022)
    • The first recorded sale happened at this postcode is , 18 BRISTOL CLOSE: £41,000 (Sold on 07 Jul 1995)
  • Flat
    • The average price is around £80,006 median price is £77,500 Standard Deviation is £43,122 with Total Sold: 94
    • The Last 5 Year average price is £141,136 with Total Sold: 11
    • The most recent sale happened at this postcode is , 187 BLIGH WAY: £125,000 (Sold on 20 May 2022)
    • The first recorded sale happened at this postcode is , 195 BLIGH WAY: £29,500 (Sold on 03 Apr 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£316,0002
2023£330,690 £3,921 21
2022£358,300 £4,274 17
2021£291,955 £3,593 22
2020£298,875 £3,323 16
2019£290,200 £3,513 15
2018£271,000 £2,939 19
2017£263,341 £3,041 22
2016£241,595 £3,107 21
2015£212,500 £2,553 15
2014£200,676 £2,440 17
2013£172,656 £1,997 16
2012£157,167 £1,812 15
2011£150,533 £1,731 15
2010£167,375 £1,827 12
2009£151,083 £1,754 6
2008£192,500 £2,188 12
2007£179,041 £2,096 24
2006£149,346 £1,757 30
2005£153,040 £1,895 25
2004£151,162 £1,952 27
2003£140,041 £1,667 24
2002£107,847 £1,377 23
2001£97,096 £1,141 34
2000£88,148 £1,055 30
1999£68,476 £871 21
1998£71,400 £721 20
1997£58,083 £662 30
1996£49,902 £589 23
1995£53,371 £528 24
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£276,429 £3,667 7
2023£290,058 £3,887 26
2022£274,434 £3,587 35
2021£239,024 £3,286 52
2020£232,194 £3,221 31
2019£228,188 £3,210 32
2018£229,172 £3,173 32
2017£219,760 £3,123 50
2016£211,787 £2,931 56
2015£176,329 £2,486 44
2014£155,437 £2,251 46
2013£144,250 £1,835 36
2012£128,471 £1,802 28
2011£132,416 £1,788 24
2010£129,861 £1,825 18
2009£124,489 £1,738 24
2008£150,074 £2,000 27
2007£147,254 £2,016 62
2006£138,188 £1,962 53
2005£132,850 £1,859 50
2004£120,892 £1,706 60
2003£108,822 £1,538 81
2002£94,532 £1,320 68
2001£70,621 £1,020 67
2000£65,248 £928 52
1999£52,553 £745 51
1998£49,210 £681 60
1997£47,193 £633 45
1996£39,395 £551 53
1995£41,653 £561 49
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,800 £25 5
2020£10,000 £161 1
2019£5,000,0001
2018£22,750 £31 2
2017£33,020 £959 2
2015£1,500,0002
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£280,334 £3,840 1
2019£260,000 £2,796 1
2017£255,000 £3,493 1
2011£192,000 £2,454 1
2008£183,5002
2006£180,000 £2,466 1
2005£215,0001
2004£242,5001
2003£117,9951
2002£93,333 £2,101 3
2000£155,0001
1996£54,000 £516 2
1995£57,500 £562 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£138,750 £2,736 4
2021£141,250 £2,583 6
2020£150,000 £2,495 1
2018£190,000 £2,527 2
2017£141,250 £2,315 2
2016£99,399 £2,131 5
2015£115,625 £2,066 4
2014£90,000 £1,168 1
2013£85,000 £1,694 2
2012£72,750 £1,230 2
2011£89,250 £1,144 1
2010£77,000 £1,100 2
2008£108,500 £1,809 4
2007£94,500 £1,879 7
2006£88,875 £1,662 4
2005£73,062 £1,607 4
2004£96,500 £1,532 1
2003£70,098 £1,230 10
2002£61,499 £962 4
2001£47,124 £918 4
2000£37,000 £673 6
1999£31,832 £674 3
1998£28,516 £515 6
1997£23,875 £407 4
1996£26,833 £479 3
1995£28,750 £488 2

House Type in ME2 2RE area

The most common house types in the ME2 2RE postcode area are Terraced (64), Semi-detached (61), and Detached (2).

Total128
Terraced64
Semi-detached61
Detached2
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 outright (44), and Owned: Owns with a mortgage or loan (38).

Owned: Owns outright44
Owned: Owns with a mortgage or loan38
Social rented: Other social rented26
Private rented: Private landlord or letting agency10
Social rented: Rents from council or Local Authority7
Private rented: Other private rented3
Shared ownership: Shared ownership2
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the ME2 2RE have 2 people in household (39), and 3 people in household (26).

2 people in household39
3 people in household26
1 person in household23
4 people in household22
5 people in household15
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0