Housing Market Analysis for ELAINE AVENUE, ME2 2YR

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

Overview of Sold House prices

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

Flat
- The average price is around £89,258 median price is £87,500 Standard Deviation is £45,259 with Total Sold: 30
- The Last 5 Year average price is £154,292 with Total Sold: 6
- The most recent sale happened at this postcode is FLAT 13, ELAINE COURT ELAINE AVENUE: £130,000 (Sold on 21 Dec 2022)
- The first recorded sale happened at this postcode is FLAT 10, ELAINE COURT ELAINE AVENUE: £35,000 (Sold on 16 Jun 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average ME2 2YR 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£166,667	£2,918	3
2021	£146,875	£2,149	2
2020	£132,000	£2,151	1
2015	£124,000	£1,923	2
2007	£120,000	£1,579	1
2006	£105,000	£1,842	1
2004	£90,857	£1,470	7
2003	£70,250	£1,894	4
2002	£68,500	£1,245	1
2001	£46,000	£821	1
1999	£38,498	£593	3
1998	£32,333	£512	3
1995	£35,000	£604	1

All the Sales in the ELAINE AVENUE, ME2 2YR

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

Address	Sold Date	Price	% Change
FLAT 13, ELAINE COURT ELAINE AVENUEFlat, LeaseholdArea: 52 Sq.mtrAge: 1950-1966	21 Dec 2022	£130,000	First Sale
FLAT 11, ELAINE COURT ELAINE AVENUEFlat, LeaseholdArea: 61.38 Sq.mtrAge: 1950-1966	14 Apr 2022	£190,000	43.94%
	09 Jul 2020	£132,000	76.00%
	25 Apr 2003	£75,000	First Sale
FLAT 4, ELAINE COURT ELAINE AVENUEFlat, LeaseholdArea: 57 Sq.mtrAge: 1930-1949	04 Mar 2022	£180,000	82.28%
	19 Nov 2021	£98,750	31.67%
	20 Jun 2003	£75,000	First Sale
FLAT 5, ELAINE COURT ELAINE AVENUEFlat, LeaseholdArea: 76 Sq.mtrAge: 1950-1966	26 Nov 2021	£195,000	62.50%
	21 Sep 2007	£120,000	23.71%
	26 Mar 2004	£97,000	162.16%
	17 Sep 1999	£37,000	First Sale
FLAT 8, ELAINE COURT ELAINE AVENUEFlat, LeaseholdArea: 56 Sq.mtrAge: 1950-1966	14 Jul 2015	£124,000	36.26%
	18 Jun 2004	£91,000	97.83%
	17 May 2001	£46,000	15.00%
	26 Jun 1998	£40,000	First Sale
FLAT 7, ELAINE COURT ELAINE AVENUEFlat, LeaseholdArea: 76 Sq.mtrAge: 1930-1949	14 Jan 2015	£124,000	33.33%
	14 Oct 2004	£93,000	165.71%
	26 Jun 1998	£35,000	First Sale
FLAT 2, ELAINE COURT ELAINE AVENUEFlat, LeaseholdArea: 57 Sq.mtrAge: 1950-1966	16 Jun 2006	£105,000	8.25%
	16 Jun 2004	£97,000	First Sale
FLAT 9, ELAINE COURT ELAINE AVENUEFlat, LeaseholdArea: 61 Sq.mtrAge: 1950-1966	06 Aug 2004	£83,000	First Sale
FLAT 10, ELAINE COURT ELAINE AVENUEFlat, LeaseholdArea: 57.92 Sq.mtrAge: 1950-1966	30 Jun 2004	£85,000	142.86%
	16 Jun 1995	£35,000	First Sale
FLAT 16, ELAINE COURT ELAINE AVENUEFlat, LeaseholdArea: 55 Sq.mtrAge: 1950-1966	10 Jun 2004	£90,000	133.77%
	08 Oct 1999	£38,500	First Sale
FLAT 1, ELAINE COURT ELAINE AVENUEFlat, LeaseholdArea: 58 Sq.mtrAge: 1976-1982	30 Jan 2003	£58,500	First Sale
FLAT 12, ELAINE COURT ELAINE AVENUEFlat, LeaseholdArea: 18 Sq.mtrAge: 1991-1995	27 Jan 2003	£72,500	First Sale
FLAT 6, ELAINE COURT ELAINE AVENUEFlat, LeaseholdArea: 55 Sq.mtrAge: 1950-1966	20 Nov 2002	£68,500	First Sale
FLAT 14, ELAINE COURT ELAINE AVENUEFlat, Leasehold	13 Dec 1999	£39,995	First Sale
FLAT 15, ELAINE COURT ELAINE AVENUEFlat, LeaseholdArea: 61 Sq.mtrAge: 1950-1966	31 Mar 1998	£22,000	First Sale

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

ELAINE AVENUE, ME2 2YR Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £149,357 median price is £135,000 Standard Deviation is £86,523 with Total Sold: 1,257
- The Last 5 Year average price is £280,520 with Total Sold: 213
- The most recent sale happened at this postcode is , 35 CEDAR ROAD: £340,000 (Sold on 12 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 £270,687 median price is £255,000 Standard Deviation is £126,061 with Total Sold: 97
- The Last 5 Year average price is £421,925 with Total Sold: 20
- The most recent sale happened at this postcode is , 65 LABURNUM ROAD: £355,000 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 86 WATLING STREET: £120,000 (Sold on 08 Mar 1996)
Terraced
- The average price is around £140,724 median price is £130,000 Standard Deviation is £75,841 with Total Sold: 1,248
- The Last 5 Year average price is £253,047 with Total Sold: 190
- The most recent sale happened at this postcode is , 69 SOUTHWARK ROAD: £410,000 (Sold on 05 Jul 2024)
- The first recorded sale happened at this postcode is , 226 HAWTHORN ROAD: £34,000 (Sold on 03 Feb 1995)
Other
- The average price is around £412,771 median price is £20,500 Standard Deviation is £1,059,163 with Total Sold: 22
- The Last 5 Year average price is £385,185 with Total Sold: 16
- 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 £96,526 median price is £102,500 Standard Deviation is £45,551 with Total Sold: 160
- The Last 5 Year average price is £157,973 with Total Sold: 28
- The most recent sale happened at this postcode is UPPER FLAT, 6 MAPLE ROAD: £147,500 (Sold on 23 May 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£302,303	£4,322	19
2023	£312,184	£3,745	38
2022	£302,569	£3,954	38
2021	£272,383	£3,548	48
2020	£255,086	£3,276	29
2019	£248,159	£3,075	41
2018	£245,549	£3,145	41
2017	£239,105	£3,266	38
2016	£223,286	£2,838	41
2015	£200,540	£2,416	37
2014	£170,489	£2,146	31
2013	£153,080	£1,967	25
2012	£144,509	£1,786	27
2011	£140,297	£1,759	30
2010	£142,058	£1,721	24
2009	£127,098	£1,589	25
2008	£158,666	£2,021	33
2007	£159,918	£2,014	56
2006	£145,286	£1,895	55
2005	£140,463	£1,828	43
2004	£135,359	£1,726	50
2003	£122,173	£1,540	46
2002	£99,057	£1,337	52
2001	£76,937	£1,037	66
2000	£72,710	£877	62
1999	£59,138	£739	46
1998	£54,079	£717	59
1997	£49,217	£615	71
1996	£42,630	£558	52
1995	£43,653	£538	34

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£350,000		2
2023	£606,000	£3,330	1
2022	£440,400	£4,239	5
2021	£395,600	£3,790	5
2020	£404,583	£3,307	6
2019	£525,000	£2,869	1
2017	£338,643	£3,123	7
2016	£312,264	£3,342	8
2015	£254,600	£2,332	5
2014	£306,167	£2,475	3
2013	£208,667	£2,383	3
2012	£264,500	£2,808	3
2011	£292,750	£2,694	4
2010	£285,000	£2,072	3
2009	£213,833	£2,082	6
2008	£227,500	£1,953	2
2007	£284,000	£2,613	5
2006	£281,000	£1,784	3
2005	£150,000	£1,562	1
2004	£204,998	£1,893	3
2003	£222,500	£2,104	1
2002	£190,333	£1,137	3
2001	£106,799	£1,303	5
1999	£147,500	£2,857	2
1998	£80,500		2
1997	£89,333	£759	6
1996	£113,500	£670	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£261,875	£3,523	8
2023	£265,765	£3,751	34
2022	£281,982	£3,722	34
2021	£256,598	£3,676	46
2020	£229,981	£3,266	35
2019	£227,505	£3,116	33
2018	£236,762	£3,111	42
2017	£212,944	£3,186	34
2016	£212,943	£2,930	61
2015	£177,588	£2,364	59
2014	£157,613	£2,305	48
2013	£139,302	£1,909	43
2012	£124,413	£1,700	26
2011	£126,714	£1,675	21
2010	£127,938	£1,959	20
2009	£132,472	£1,805	18
2008	£142,721	£1,944	26
2007	£139,829	£1,929	84
2006	£131,665	£1,872	52
2005	£124,640	£1,788	42
2004	£125,444	£1,678	63
2003	£105,917	£1,550	48
2002	£90,301	£1,348	58
2001	£71,495	£1,006	45
2000	£62,286	£904	60
1999	£52,268	£739	65
1998	£47,844	£677	48
1997	£43,952	£618	36
1996	£43,128	£616	28
1995	£41,895	£512	31

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£21,929	£432	7
2022	£160,500	£3,580	2
2021	£4,555	£103	3
2020	£290,000	£3,452	1
2019	£1,794,933	£1,074	3
2018	£131,500	£1,620	2
2017	£452,500		2
2016	£250,000	£4,167	1
2015	£1,500,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£147,500	£3,352	1
2022	£166,250	£2,738	4
2021	£147,646	£2,587	12
2020	£165,875	£2,497	8
2019	£170,667	£3,429	3
2018	£155,000	£2,206	1
2017	£141,357	£2,736	7
2016	£129,250	£2,118	4
2015	£107,291	£1,894	12
2014	£93,250	£1,179	2
2013	£95,000	£943	2
2012	£117,500	£1,276	2
2011	£74,600	£1,493	5
2010	£110,333	£1,804	3
2009	£86,375	£1,324	4
2008	£106,625	£2,132	4
2007	£107,249	£1,664	8
2006	£99,263	£2,180	19
2005	£87,700	£1,701	5
2004	£91,850	£1,494	10
2003	£70,999	£1,612	8
2002	£56,625	£1,318	4
2001	£46,500	£820	5
2000	£40,032	£720	7
1999	£31,820	£517	7
1998	£29,250	£512	4
1997	£26,165	£489	3
1996	£19,833	£468	3
1995	£32,833	£501	3

House Type in ME2 2YR area

The most common house types in the ME2 2YR postcode area are Terraced (58), Semi-detached (34), and Flat (27).

Total	130
Terraced	58
Semi-detached	34
Flat	27
Detached	5
converted building	4
Shared house	1
commercial building	1
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (41), and Private rented: Private landlord or letting agency (36).

Social rented: Other social rented	41
Private rented: Private landlord or letting agency	36
Owned: Owns with a mortgage or loan	30
Owned: Owns outright	18
Social rented: Rents from council or Local Authority	4
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the ME2 2YR have 4 people in household (32), and 1 person in household (31).

4 people in household	32
1 person in household	31
2 people in household	31
3 people in household	22
5 people in household	11
6 people in household	1
7 people in household	1
0 people in household	0
8 or more people in household	0