Housing Market Analysis for CORMORANT CLOSE, ME2 2XX

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £217,500 median price is £217,500 Standard Deviation is £57,500 with Total Sold: 2
    • The Last 5 Year average price is £275,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 27 CORMORANT CLOSE: £275,000 (Sold on 30 Jun 2021)
    • The first recorded sale happened at this postcode is 2 CORMORANT CLOSE: £160,000 (Sold on 04 Dec 2006)
  • Flat
    • The average price is around £83,555 median price is £97,000 Standard Deviation is £45,583 with Total Sold: 9
    • The Last 5 Year average price is £137,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 12 CORMORANT CLOSE: £137,500 (Sold on 05 Mar 2021)
    • The first recorded sale happened at this postcode is 25 CORMORANT CLOSE: £28,000 (Sold on 30 Oct 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average ME2 2XX 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£275,000 £3,438 1
2006£160,000 £2,000 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£137,500 £2,644 1
2018£140,000 £2,295 1
2016£129,995 £2,131 1
2008£101,000 £1,656 1
2007£97,000 £1,796 1
2002£66,000 £1,082 1
1998£26,500 £510 1
1997£26,000 £426 1
1995£28,000 £459 1

All the Sales in the CORMORANT CLOSE, ME2 2XX

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

AddressSold DatePrice% Change
27 CORMORANT CLOSESemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1950-196630 Jun 2021£275,000First Sale
12 CORMORANT CLOSEFlat, LeaseholdArea: 52 Sq.mtrAge: 1950-196605 Mar 2021£137,500418.87%
06 Apr 1998£26,500First Sale
25 CORMORANT CLOSEFlat, LeaseholdArea: 61 Sq.mtrAge: 1950-196624 Oct 2018£140,0007.70%
28 Jul 2016£129,99528.71%
01 Feb 2008£101,00053.03%
06 Dec 2002£66,000153.85%
08 Aug 1997£26,000-7.14%
30 Oct 1995£28,000First Sale
14 CORMORANT CLOSEFlat, LeaseholdArea: 54 Sq.mtrAge: 1950-196612 Jun 2007£97,000First Sale
2 CORMORANT CLOSESemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1950-196604 Dec 2006£160,000First Sale

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

CORMORANT CLOSE, ME2 2XX Near By properties

Interactive Map

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

  • Detached
    • The average price is around £300,815 median price is £275,000 Standard Deviation is £181,257 with Total Sold: 73
    • The Last 5 Year average price is £504,667 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 , 15 SQUIRES CLOSE: £92,000 (Sold on 17 Mar 1995)
  • Terraced
    • The average price is around £139,434 median price is £134,995 Standard Deviation is £77,044 with Total Sold: 459
    • The Last 5 Year average price is £257,969 with Total Sold: 67
    • 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)
  • Semi-Detached
    • The average price is around £200,064 median price is £184,000 Standard Deviation is £112,130 with Total Sold: 494
    • The Last 5 Year average price is £355,817 with Total Sold: 86
    • The most recent sale happened at this postcode is , 12 CHETNEY CLOSE: £370,000 (Sold on 28 Nov 2023)
    • The first recorded sale happened at this postcode is , 20 PARKFIELDS: £81,000 (Sold on 06 Jan 1995)
  • Flat
    • The average price is around £78,797 median price is £77,500 Standard Deviation is £39,929 with Total Sold: 92
    • 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£595,000 £4,846 2
2023£507,500 £5,297 2
2022£563,000 £4,939 1
2019£260,000 £2,796 1
2018£610,500 £3,613 2
2017£489,167 £3,613 3
2015£467,500 £3,813 2
2014£531,750 £1,464 2
2013£445,000 £2,192 1
2012£360,000 £1,778 4
2011£410,500 £2,691 4
2010£441,333 £2,019 3
2009£259,000 £1,955 3
2008£280,000 £1,836 3
2007£280,000 £2,333 1
2006£327,500 £1,919 2
2005£215,0001
2004£347,4983
2003£258,000 £1,678 4
2002£216,400 £1,801 5
2001£225,5003
2000£198,333 £1,142 3
1999£166,500 £617 2
1998£129,667 £1,050 3
1997£117,799 £959 5
1996£130,300 £516 5
1995£78,667 £587 3
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£278,333 £3,667 3
2023£288,350 £3,656 10
2022£276,729 £3,555 14
2021£251,179 £3,134 21
2020£243,667 £3,064 6
2019£227,269 £3,200 13
2018£229,667 £3,087 6
2017£219,750 £2,996 22
2016£223,826 £2,871 23
2015£170,346 £2,215 13
2014£159,721 £2,174 17
2013£147,833 £1,815 15
2012£131,500 £1,657 12
2011£134,625 £1,723 8
2010£132,333 £1,663 3
2009£126,027 £1,598 9
2008£167,999 £1,966 9
2007£151,728 £1,854 26
2006£145,666 £2,005 18
2005£135,062 £1,831 16
2004£130,000 £1,736 17
2003£117,100 £1,590 22
2002£93,962 £1,270 23
2001£71,258 £1,004 14
2000£66,246 £914 20
1999£55,708 £683 18
1998£51,222 £717 18
1997£44,000 £595 12
1996£39,050 £519 28
1995£42,011 £530 23
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£369,167 £4,076 15
2022£385,339 £4,295 18
2021£354,864 £3,915 22
2020£336,985 £3,513 20
2019£325,455 £3,494 11
2018£323,250 £3,237 20
2017£318,333 £3,244 18
2016£286,912 £3,622 17
2015£245,656 £2,891 16
2014£232,406 £2,609 16
2013£198,625 £2,173 16
2012£174,500 £1,939 12
2011£167,731 £1,860 13
2010£188,777 £1,987 9
2009£205,833 £1,852 3
2008£210,916 £2,364 12
2007£206,333 £2,232 15
2006£180,058 £2,115 19
2005£166,764 £2,105 17
2004£181,120 £2,075 21
2003£169,079 £1,804 25
2002£118,777 £1,381 18
2001£120,907 £1,301 24
2000£105,906 £1,157 22
1999£79,719 £961 16
1998£84,500 £720 15
1997£66,071 £716 21
1996£56,057 £565 22
1995£61,662 £553 21
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£140,000 £2,295 1
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£87,000 £1,607 3
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
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£10,000 £161 1
2018£42,5001
2017£33,020 £959 2
2015£1,500,0001

House Type in ME2 2XX area

The most common house types in the ME2 2XX postcode area are Flat (92), Semi-detached (17), and Terraced (11).

Total128
Flat92
Semi-detached17
Terraced11
commercial building6
Shared house2
Detached0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (83), and Social rented: Rents from council or Local Authority (18).

Social rented: Other social rented83
Social rented: Rents from council or Local Authority18
Private rented: Private landlord or letting agency12
Owned: Owns with a mortgage or loan8
Private rented: Other private rented5
Owned: Owns outright3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the ME2 2XX have 1 person in household (73), and 2 people in household (26).

1 person in household73
2 people in household26
3 people in household15
4 people in household10
5 people in household2
6 people in household1
7 people in household1
0 people in household0
8 or more people in household0