Housing Market Analysis for PELICAN CLOSE, ME2 2XU

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £150,958 median price is £144,000 Standard Deviation is £88,047 with Total Sold: 12
- The Last 5 Year average price is £303,000 with Total Sold: 2
- The most recent sale happened at this postcode is 12 PELICAN CLOSE: £341,000 (Sold on 23 Aug 2022)
- The first recorded sale happened at this postcode is 5 PELICAN CLOSE: £47,000 (Sold on 18 Dec 1995)
Terraced
- The average price is around £119,630 median price is £97,150 Standard Deviation is £62,945 with Total Sold: 5
- The Last 5 Year average price is £225,000 with Total Sold: 1
- The most recent sale happened at this postcode is 3 PELICAN CLOSE: £225,000 (Sold on 07 May 2021)
- The first recorded sale happened at this postcode is 3 PELICAN CLOSE: £46,000 (Sold on 28 Nov 1996)
Flat
- The average price is around £84,438 median price is £96,500 Standard Deviation is £40,113 with Total Sold: 8
- The Last 5 Year average price is £150,000 with Total Sold: 1
- The most recent sale happened at this postcode is 27 PELICAN CLOSE: £150,000 (Sold on 16 Oct 2020)
- The first recorded sale happened at this postcode is 31 PELICAN CLOSE: £29,500 (Sold on 29 Nov 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average ME2 2XU 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
2022	£341,000	£4,262	1
2019	£265,000	£3,315	1
2017	£235,000	£2,519	1
2012	£141,000	£1,757	1
2011	£155,000	£1,939	1
2010	£137,500	£1,474	1
2007	£155,000	£2,013	1
2006	£147,000	£1,815	1
2002	£102,000		1
1997	£43,000	£558	1
1996	£43,000	£538	1
1995	£47,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£225,000	£2,679	1
2008	£152,000	£1,810	1
2002	£97,150	£1,157	1
2001	£78,000	£929	1
1996	£46,000	£548	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£150,000	£2,495	1
2016	£115,000	£2,500	1
2007	£99,000	£2,220	1
2006	£95,000	£1,580	1
2005	£98,000		1
2003	£66,000	£1,098	1
1998	£23,000	£516	1
1996	£29,500		1

All the Sales in the PELICAN CLOSE, ME2 2XU

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

Address	Sold Date	Price	% Change
12 PELICAN CLOSESemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1950-1966	23 Aug 2022	£341,000	First Sale
3 PELICAN CLOSETerraced, FreeholdArea: 84 Sq.mtrAge: 1950-1966	07 May 2021	£225,000	389.13%
	28 Nov 1996	£46,000	First Sale
27 PELICAN CLOSEFlat, LeaseholdArea: 60.11 Sq.mtrAge: 1976-1982	16 Oct 2020	£150,000	57.89%
	15 Sep 2006	£95,000	43.94%
	21 Oct 2003	£66,000	First Sale
33 PELICAN CLOSESemi-Detached, FreeholdArea: 79.94 Sq.mtrAge: 1950-1966	16 Dec 2019	£265,000	70.97%
	31 Mar 2011	£155,000	260.47%
	29 Mar 1996	£43,000	First Sale
20 PELICAN CLOSESemi-Detached, FreeholdArea: 93.3 Sq.mtrAge: 1950-1966	15 Dec 2017	£235,000	70.91%
	16 Aug 2010	£137,500	-11.29%
	11 Jan 2007	£155,000	260.47%
	26 Aug 1997	£43,000	First Sale
23 PELICAN CLOSEFlat, LeaseholdArea: 46 Sq.mtrAge: 1950-1966	01 Sep 2016	£115,000	16.16%
	08 Nov 2007	£99,000	330.43%
	30 Apr 1998	£23,000	First Sale
35 PELICAN CLOSESemi-Detached, FreeholdArea: 80.26 Sq.mtrAge: 1950-1966	08 Feb 2012	£141,000	First Sale
9 PELICAN CLOSETerraced, FreeholdArea: 84 Sq.mtrAge: 1950-1966	01 May 2008	£152,000	56.46%
	23 Aug 2002	£97,150	24.55%
	16 Nov 2001	£78,000	First Sale
6 PELICAN CLOSESemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1950-1966	04 Aug 2006	£147,000	First Sale
31 PELICAN CLOSEFlat, Leasehold	08 Apr 2005	£98,000	232.20%
31 PELICAN CLOSEFlat, Leasehold	29 Nov 1996	£29,500	First Sale
5 PELICAN CLOSESemi-Detached, Freehold	13 Sep 2002	£102,000	117.02%
5 PELICAN CLOSESemi-Detached, Freehold	18 Dec 1995	£47,000	First Sale

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

PELICAN CLOSE, ME2 2XU Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £186,770 median price is £164,995 Standard Deviation is £103,815 with Total Sold: 591
- The Last 5 Year average price is £337,586 with Total Sold: 102
- 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)
Detached
- The average price is around £258,565 median price is £250,000 Standard Deviation is £142,970 with Total Sold: 51
- The Last 5 Year average price is £446,389 with Total Sold: 6
- The most recent sale happened at this postcode is , 21 THE SHADES: £560,000 (Sold on 03 Jul 2024)
- The first recorded sale happened at this postcode is , 18 BRISTOL CLOSE: £41,000 (Sold on 07 Jul 1995)
Terraced
- The average price is around £135,368 median price is £127,250 Standard Deviation is £73,861 with Total Sold: 914
- The Last 5 Year average price is £255,496 with Total Sold: 123
- The most recent sale happened at this postcode is , 43 BLIGH WAY: £285,000 (Sold on 17 Apr 2024)
- The first recorded sale happened at this postcode is , 31 CURLEW CRESCENT: £44,000 (Sold on 06 Jan 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)
Other
- The average price is around £323,708 median price is £42,500 Standard Deviation is £588,301 with Total Sold: 5
- The Last 5 Year average price is £10,000 with Total Sold: 1
- The most recent sale happened at this postcode is , 175A BLIGH WAY: £10,000 (Sold on 08 Jan 2020)
- The first recorded sale happened at this postcode is , STROOD & HOO LEARNING RESOURCE CENTRE BLIGH WAY: £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	£316,000		2
2023	£344,405	£3,859	21
2022	£377,805	£4,222	20
2021	£330,920	£3,680	25
2020	£321,610	£3,470	20
2019	£307,714	£3,370	14
2018	£285,214	£3,085	21
2017	£282,857	£3,043	21
2016	£269,705	£3,325	22
2015	£226,921	£2,764	19
2014	£215,472	£2,487	18
2013	£181,025	£2,009	20
2012	£163,833	£1,850	15
2011	£156,594	£1,773	16
2010	£176,727	£1,836	11
2009	£151,083	£1,754	6
2008	£196,538	£2,188	13
2007	£185,833	£2,098	21
2006	£164,782	£1,942	28
2005	£160,104	£1,968	24
2004	£166,894	£2,049	28
2003	£156,678	£1,725	28
2002	£107,157	£1,345	19
2001	£108,258	£1,228	32
2000	£92,980	£1,032	28
1999	£72,250	£873	20
1998	£78,083	£699	18
1997	£63,809	£692	21
1996	£53,434	£567	19
1995	£56,043	£531	21

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£560,000		1
2023	£507,500	£5,297	2
2022	£421,667	£4,389	2
2019	£260,000	£2,796	1
2018	£391,000	£4,344	1
2017	£370,833	£3,440	3
2015	£467,500	£3,813	2
2013	£445,000	£2,192	1
2012	£271,667	£2,021	3
2011	£248,500	£2,737	2
2010	£432,500	£2,643	2
2009	£235,000	£1,923	2
2008	£246,750	£1,836	4
2006	£278,333	£2,101	3
2005	£215,000		1
2004	£233,748		2
2003	£232,665	£1,476	3
2002	£93,333	£2,101	3
2001	£193,250		2
2000	£172,500		2
1998	£131,500		2
1997	£86,000	£1,032	2
1996	£71,333	£516	3
1995	£57,500	£562	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£278,333	£3,667	3
2023	£290,053	£3,902	19
2022	£276,046	£3,587	26
2021	£248,556	£3,290	31
2020	£235,079	£3,265	19
2019	£229,240	£3,231	25
2018	£233,725	£3,246	20
2017	£217,764	£3,091	36
2016	£216,068	£2,946	37
2015	£172,033	£2,476	30
2014	£154,370	£2,240	33
2013	£141,135	£1,803	26
2012	£130,113	£1,783	22
2011	£131,500	£1,844	14
2010	£130,500	£1,840	12
2009	£126,779	£1,711	17
2008	£151,125	£1,998	20
2007	£150,514	£1,956	47
2006	£137,444	£1,965	36
2005	£130,090	£1,879	39
2004	£123,734	£1,744	47
2003	£110,101	£1,536	51
2002	£93,139	£1,334	45
2001	£69,959	£1,027	44
2000	£65,373	£941	38
1999	£52,655	£727	37
1998	£48,807	£689	38
1997	£46,312	£637	28
1996	£40,198	£542	41
1995	£42,182	£559	33

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
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: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£10,000	£161	1
2018	£42,500		1
2017	£33,020	£959	2
2015	£1,500,000		1

House Type in ME2 2XU area

The most common house types in the ME2 2XU postcode area are Semi-detached (51), Terraced (47), and Flat (36).

Total	136
Semi-detached	51
Terraced	47
Flat	36
Detached	2
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 Social rented: Other social rented (49), and Owned: Owns with a mortgage or loan (36).

Social rented: Other social rented	49
Owned: Owns with a mortgage or loan	36
Owned: Owns outright	29
Private rented: Private landlord or letting agency	12
Social rented: Rents from council or Local Authority	6
Shared ownership: Shared ownership	3
Private rented: Other private rented	2
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the ME2 2XU have 2 people in household (44), and 1 person in household (40).

2 people in household	44
1 person in household	40
4 people in household	23
3 people in household	18
5 people in household	12
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0