Housing Market Analysis for TERN CRESCENT, ME2 2RG

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £178,133 median price is £170,000 Standard Deviation is £78,505 with Total Sold: 15
- The Last 5 Year average price is £285,500 with Total Sold: 4
- The most recent sale happened at this postcode is 46 TERN CRESCENT: £302,000 (Sold on 31 Mar 2023)
- The first recorded sale happened at this postcode is 43 TERN CRESCENT: £50,000 (Sold on 29 Aug 1996)
Terraced
- The average price is around £136,088 median price is £134,995 Standard Deviation is £76,282 with Total Sold: 17
- The Last 5 Year average price is £293,250 with Total Sold: 2
- The most recent sale happened at this postcode is 43 TERN CRESCENT: £271,500 (Sold on 30 Sep 2021)
- The first recorded sale happened at this postcode is 44 TERN CRESCENT: £37,500 (Sold on 28 Jun 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average ME2 2RG 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	£302,000	£3,775	1
2022	£300,000	£3,102	1
2021	£280,000	£3,530	1
2020	£260,000	£3,333	1
2016	£220,000		1
2013	£156,000	£1,943	1
2011	£170,000	£1,104	1
2007	£175,000	£1,156	2
2006	£167,000	£2,080	1
2003	£155,000	£1,006	1
2002	£110,000	£1,410	1
2001	£86,995		1
1999	£65,000		1
1996	£50,000	£625	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£293,250	£2,988	2
2016	£220,000	£2,750	1
2013	£170,000	£2,152	1
2009	£118,500	£1,496	2
2007	£147,832	£1,772	3
2006	£169,000		1
2002	£114,998		2
1998	£57,500	£747	3
1996	£42,500	£467	2

All the Sales in the TERN CRESCENT, ME2 2RG

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

Address	Sold Date	Price	% Change
46 TERN CRESCENTSemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1950-1966	31 Mar 2023	£302,000	First Sale
49 TERN CRESCENTSemi-Detached, FreeholdArea: 96.72 Sq.mtr	08 Jul 2022	£300,000	First Sale
43 TERN CRESCENTTerraced, FreeholdArea: 80 Sq.mtrAge: 1950-1966	30 Sep 2021	£271,500	23.41%
	12 Aug 2016	£220,000	48.15%
	28 Sep 2007	£148,500	10.00%
	23 Feb 2007	£135,000	170.00%
	29 Aug 1996	£50,000	First Sale
47 TERN CRESCENTTerraced, FreeholdArea: 122 Sq.mtrAge: 1950-1966	30 Sep 2021	£315,000	First Sale
56 TERN CRESCENTSemi-Detached, FreeholdArea: 79.32 Sq.mtrAge: 1967-1975	18 Feb 2021	£280,000	First Sale
50 TERN CRESCENTSemi-Detached, FreeholdArea: 78 Sq.mtrAge: 1950-1966	21 Apr 2020	£260,000	136.36%
	08 Oct 2002	£110,000	First Sale
54 TERN CRESCENTSemi-Detached, Freehold	27 Jul 2016	£220,000	First Sale
44 TERN CRESCENTTerraced, FreeholdArea: 79 Sq.mtrAge: 1950-1966	15 Feb 2013	£170,000	51.79%
	13 Feb 2009	£112,000	86.67%
	26 Jun 1998	£60,000	60.00%
	28 Jun 1996	£37,500	First Sale
48 TERN CRESCENTSemi-Detached, FreeholdArea: 80.3 Sq.mtrAge: 1950-1966	03 Jan 2013	£156,000	-6.59%
	13 Nov 2006	£167,000	First Sale
33 TERN CRESCENTSemi-Detached, FreeholdArea: 154 Sq.mtrAge: 1967-1975	27 May 2011	£170,000	-4.49%
	04 May 2007	£178,000	14.84%
	05 Dec 2003	£155,000	First Sale
42 TERN CRESCENTTerraced, FreeholdArea: 78.24 Sq.mtrAge: 1950-1966	20 May 2009	£125,000	First Sale
52 TERN CRESCENTSemi-Detached, Freehold	19 Nov 2007	£172,000	97.71%
	07 Dec 2001	£86,995	33.84%
	09 Jul 1999	£65,000	First Sale
17 TERN CRESCENTTerraced, Freehold	30 Apr 2007	£159,995	First Sale
28 TERN CRESCENTTerraced, Freehold	12 Apr 2006	£169,000	First Sale
37 TERN CRESCENTTerraced, Freehold	22 Nov 2002	£95,000	First Sale
39 TERN CRESCENTTerraced, Freehold	25 Jan 2002	£134,995	First Sale
26 TERN CRESCENTTerraced, Freehold	10 Aug 1998	£62,500	First Sale
30 TERN CRESCENTTerraced, Freehold	12 Jun 1998	£50,000	First Sale
24 TERN CRESCENTTerraced, Freehold	30 Oct 1996	£47,500	First Sale

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

TERN CRESCENT, ME2 2RG Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £150,476 median price is £139,000 Standard Deviation is £84,267 with Total Sold: 590
- The Last 5 Year average price is £284,967 with Total Sold: 86
- 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 £135,342 median price is £127,000 Standard Deviation is £73,800 with Total Sold: 1,617
- The Last 5 Year average price is £250,227 with Total Sold: 230
- 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 £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 £80,296 median price is £78,000 Standard Deviation is £42,827 with Total Sold: 135
- The Last 5 Year average price is £138,094 with Total Sold: 16
- 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)
Detached
- The average price is around £146,216 median price is £131,498 Standard Deviation is £83,498 with Total Sold: 20
- 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)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£314,250		4
2023	£318,524	£3,901	21
2022	£295,295	£3,771	14
2021	£265,682	£3,469	22
2020	£258,364	£2,923	11
2019	£267,143	£3,367	14
2018	£257,450	£2,932	20
2017	£235,525	£2,892	20
2016	£220,152	£2,816	23
2015	£209,719	£2,355	16
2014	£176,167	£2,119	15
2013	£161,833	£1,862	12
2012	£145,250	£1,658	14
2011	£142,267	£1,692	15
2010	£154,833	£1,747	9
2009	£135,562	£1,902	8
2008	£166,100	£1,877	10
2007	£163,016	£1,963	28
2006	£137,406	£1,691	33
2005	£142,083	£1,841	24
2004	£136,352	£1,753	23
2003	£132,922	£1,623	26
2002	£98,195	£1,234	23
2001	£83,794	£1,049	40
2000	£77,458	£939	29
1999	£61,690	£791	21
1998	£57,428	£689	21
1997	£53,327	£617	29
1996	£45,615	£589	24
1995	£47,805	£525	21

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£282,750	£3,667	12
2023	£287,952	£3,929	31
2022	£271,520	£3,621	44
2021	£239,215	£3,301	64
2020	£230,359	£3,259	39
2019	£224,800	£3,170	40
2018	£230,585	£3,121	47
2017	£218,500	£3,153	60
2016	£209,966	£2,958	68
2015	£177,879	£2,455	58
2014	£159,318	£2,232	60
2013	£142,878	£1,844	41
2012	£126,082	£1,742	33
2011	£128,062	£1,774	32
2010	£128,341	£1,859	22
2009	£123,916	£1,802	27
2008	£150,966	£2,005	30
2007	£143,663	£1,983	72
2006	£135,777	£1,958	63
2005	£132,183	£1,806	60
2004	£121,434	£1,708	80
2003	£109,035	£1,563	87
2002	£94,398	£1,336	82
2001	£71,319	£1,014	81
2000	£64,861	£921	66
1999	£52,770	£740	69
1998	£48,426	£686	67
1997	£46,148	£618	57
1996	£38,975	£546	62
1995	£41,575	£556	63

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£1,800	£25	5
2022	£315,000	£3,580	1
2020	£10,000	£161	1
2019	£2,635,500		2
2018	£95,167	£31	3
2017	£26,510	£959	4
2015	£1,500,000		2

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£165,000	£3,929	1
2022	£134,600	£2,795	5
2021	£142,812	£2,614	8
2020	£114,500	£2,287	2
2018	£190,000	£2,527	2
2017	£142,750	£2,397	4
2016	£107,428	£2,236	7
2015	£115,625	£2,066	4
2014	£90,000	£1,168	1
2013	£92,988	£1,475	4
2012	£101,833	£1,191	3
2011	£89,250	£1,144	1
2010	£83,250	£1,571	4
2008	£108,500	£1,809	4
2007	£93,450	£1,779	10
2006	£87,625	£1,471	8
2005	£77,050	£1,607	5
2004	£97,250	£1,369	2
2003	£70,098	£1,230	10
2002	£60,790	£926	6
2001	£46,624	£734	10
2000	£40,099	£661	10
1999	£33,899	£595	5
1998	£29,116	£537	9
1997	£23,875	£407	4
1996	£26,833	£479	3
1995	£28,500	£442	3

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£280,334	£3,840	1
2019	£260,000	£2,796	1
2017	£210,000	£2,464	2
2016	£255,000	£2,703	1
2015	£66,000	£574	1
2011	£246,000	£3,079	2
2009	£145,000	£1,537	1
2008	£147,000		1
2006	£180,000	£2,466	1
2003	£117,995		1
2002	£67,500		2
2001	£87,665	£1,066	3
1996	£48,000	£516	1
1995	£57,500	£562	2

House Type in ME2 2RG area

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

Total	130
Terraced	102
Semi-detached	26
Detached	1
Flat	1
Shared house	0
converted building	0
commercial building	0
temporary structure	0

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 loan	65
Owned: Owns outright	21
Social rented: Other social rented	18
Private rented: Private landlord or letting agency	17
Private rented: Other private rented	3
Shared ownership: Shared ownership	2
Social rented: Rents from council or Local Authority	2
Does not apply	0
Lives rent free	0

Number of People in a Household

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

2 people in household	42
3 people in household	33
1 person in household	24
4 people in household	22
5 people in household	6
6 people in household	1
8 or more people in household	1
0 people in household	0
7 people in household	0