Housing Market Analysis for SOUTHWARK ROAD, ME2 2SP

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £169,214 median price is £162,000 Standard Deviation is £85,648 with Total Sold: 7
    • The Last 5 Year average price is £291,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 29 SOUTHWARK ROAD: £315,000 (Sold on 25 Aug 2022)
    • The first recorded sale happened at this postcode is 29 SOUTHWARK ROAD: £55,000 (Sold on 08 Aug 1997)
  • Semi-Detached
    • The average price is around £59,995 median price is £59,995 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 24 SOUTHWARK ROAD: £59,995 (Sold on 31 Jul 1997)
    • The first recorded sale happened at this postcode is 24 SOUTHWARK ROAD: £59,995 (Sold on 31 Jul 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average ME2 2SP 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£315,000 £3,316 1
2020£267,000 £3,034 1
2009£165,000 £1,875 1
2006£162,0001
2003£125,495 £1,426 1
2002£95,0001
1997£55,000 £579 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1997£59,9951

All the Sales in the SOUTHWARK ROAD, ME2 2SP

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

AddressSold DatePrice% Change
29 SOUTHWARK ROADTerraced, FreeholdArea: 95 Sq.mtrAge: 1976-198225 Aug 2022£315,000472.73%
08 Aug 1997£55,000First Sale
33 SOUTHWARK ROADTerraced, FreeholdArea: 88 Sq.mtrAge: 1967-197531 Mar 2020£267,00061.82%
30 Nov 2009£165,00031.48%
19 Sep 2003£125,495First Sale
28 SOUTHWARK ROADTerraced, Freehold13 Oct 2006£162,00070.53%
31 Jan 2002£95,000First Sale
24 SOUTHWARK ROADSemi-Detached, Freehold31 Jul 1997£59,995First Sale

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

SOUTHWARK ROAD, ME2 2SP Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £148,637 median price is £136,000 Standard Deviation is £82,593 with Total Sold: 1,073
    • The Last 5 Year average price is £278,576 with Total Sold: 179
    • 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 £133,530 median price is £125,000 Standard Deviation is £73,262 with Total Sold: 2,093
    • The Last 5 Year average price is £248,233 with Total Sold: 300
    • 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 £166,388 median price is £146,000 Standard Deviation is £104,372 with Total Sold: 24
    • 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 £460,500 median price is £35,000 Standard Deviation is £1,131,280 with Total Sold: 19
    • The Last 5 Year average price is £548,545 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)
  • Flat
    • The average price is around £95,486 median price is £98,750 Standard Deviation is £45,504 with Total Sold: 159
    • The Last 5 Year average price is £156,824 with Total Sold: 27
    • The most recent sale happened at this postcode is , 60 RANSCOMBE CLOSE: £112,000 (Sold on 24 Mar 2023)
    • The first recorded sale happened at this postcode is , 148 CEDAR ROAD: £32,500 (Sold on 24 Feb 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£296,333 £4,145 9
2023£311,388 £4,041 40
2022£300,165 £4,055 28
2021£264,182 £3,687 44
2020£253,086 £3,239 29
2019£254,293 £3,334 29
2018£248,804 £3,108 28
2017£230,618 £3,204 34
2016£224,562 £2,910 36
2015£200,894 £2,562 33
2014£172,837 £2,341 28
2013£149,297 £1,914 21
2012£133,711 £1,753 19
2011£142,135 £1,857 29
2010£136,794 £1,758 17
2009£130,012 £1,761 25
2008£153,700 £2,526 25
2007£157,547 £2,067 52
2006£137,304 £1,809 46
2005£141,193 £1,841 31
2004£137,061 £1,859 46
2003£125,499 £1,703 50
2002£97,953 £1,321 54
2001£77,506 £1,104 59
2000£72,608 £920 55
1999£61,193 £752 47
1998£54,220 £732 45
1997£49,534 £647 49
1996£47,043 £609 33
1995£44,664 £554 32
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£277,688 £3,667 16
2023£276,920 £3,830 44
2022£268,390 £3,638 57
2021£239,361 £3,385 81
2020£230,530 £3,365 50
2019£223,644 £3,153 52
2018£227,950 £3,153 60
2017£217,692 £3,192 73
2016£207,609 £3,026 89
2015£174,928 £2,469 77
2014£158,410 £2,267 77
2013£138,085 £1,883 53
2012£124,192 £1,765 40
2011£126,774 £1,725 41
2010£123,438 £1,833 28
2009£124,507 £1,749 34
2008£146,890 £2,020 41
2007£141,309 £1,994 99
2006£132,501 £1,876 91
2005£128,116 £1,793 73
2004£120,499 £1,698 104
2003£107,454 £1,536 111
2002£92,217 £1,325 92
2001£70,501 £1,025 101
2000£62,531 £906 92
1999£52,583 £742 94
1998£48,072 £693 88
1997£45,238 £626 70
1996£38,073 £552 84
1995£41,305 £576 81
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£365,000 £4,562 1
2022£280,334 £3,840 1
2017£272,667 £2,364 3
2016£272,500 £3,164 2
2015£66,000 £574 1
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
1998£54,0001
1997£65,000 £644 1
1995£50,498 £578 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£25,333 £514 6
2022£160,500 £3,580 2
2020£290,000 £3,452 1
2019£2,635,5002
2018£95,167 £31 3
2017£232,5004
2015£1,500,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£138,500 £2,898 2
2022£158,000 £2,879 6
2021£152,614 £2,822 11
2020£151,200 £2,588 5
2019£191,500 £3,018 3
2018£163,000 £2,810 1
2017£142,714 £2,720 7
2016£131,100 £2,482 5
2015£109,499 £2,033 6
2014£100,000 £1,786 1
2013£102,317 £1,475 3
2012£117,500 £1,276 2
2011£103,000 £1,777 1
2010£93,250 £1,856 4
2009£80,000 £1,464 2
2008£111,250 £2,052 4
2007£104,333 £1,877 9
2006£99,525 £2,083 20
2005£79,542 £1,645 6
2004£91,954 £1,486 11
2003£74,571 £1,669 7
2002£59,936 £983 4
2001£49,187 £773 12
2000£46,356 £722 7
1999£37,499 £561 7
1998£30,660 £537 9
1996£22,000 £468 1
1995£31,833 £477 3

House Type in ME2 2SP area

The most common house types in the ME2 2SP postcode area are Terraced (96), Flat (10), and Semi-detached (9).

Total117
Terraced96
Flat10
Semi-detached9
Detached2
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 (56), and Owned: Owns outright (31).

Owned: Owns with a mortgage or loan56
Owned: Owns outright31
Private rented: Private landlord or letting agency11
Social rented: Other social rented10
Social rented: Rents from council or Local Authority4
Private rented: Other private rented4
Shared ownership: Shared ownership2
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the ME2 2SP have 2 people in household (43), and 3 people in household (30).

2 people in household43
3 people in household30
4 people in household18
1 person in household16
5 people in household8
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0