Housing Market Analysis for LANCELOT CLOSE, ME2 2YT

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £118,311 median price is £110,125 Standard Deviation is £64,954 with Total Sold: 4
    • The most recent sale happened at this postcode is 3 LANCELOT CLOSE: £216,000 (Sold on 21 Mar 2016)
    • The first recorded sale happened at this postcode is 9 LANCELOT CLOSE: £36,995 (Sold on 27 Mar 1996)
  • Terraced
    • The average price is around £76,911 median price is £59,995 Standard Deviation is £47,837 with Total Sold: 5
    • The most recent sale happened at this postcode is 7 LANCELOT CLOSE: £143,000 (Sold on 20 Apr 2007)
    • The first recorded sale happened at this postcode is 11 LANCELOT CLOSE: £40,000 (Sold on 27 Sep 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average ME2 2YT 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
2016£216,000 £2,693 1
2011£127,250 £1,587 1
2002£93,0001
1996£36,9951
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£143,000 £1,682 1
2005£122,5001
2003£19,058 £224 1
2000£59,9951
1995£40,0001

All the Sales in the LANCELOT CLOSE, ME2 2YT

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

AddressSold DatePrice% Change
3 LANCELOT CLOSESemi-Detached, FreeholdArea: 80.2 Sq.mtrAge: 1967-197521 Mar 2016£216,00069.74%
14 Oct 2011£127,250First Sale
7 LANCELOT CLOSETerraced, FreeholdArea: 85 Sq.mtrAge: 1950-196620 Apr 2007£143,000650.34%
05 Dec 2003£19,058First Sale
11 LANCELOT CLOSETerraced, Freehold15 Jul 2005£122,500104.18%
13 Mar 2000£59,99549.99%
27 Sep 1995£40,000First Sale
6 LANCELOT CLOSESemi-Detached, Freehold15 Feb 2002£93,000First Sale
9 LANCELOT CLOSESemi-Detached, Freehold27 Mar 1996£36,995First Sale

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

LANCELOT CLOSE, ME2 2YT Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £147,921 median price is £135,000 Standard Deviation is £84,971 with Total Sold: 1,252
    • The Last 5 Year average price is £280,286 with Total Sold: 207
    • 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 £140,866 median price is £130,000 Standard Deviation is £74,766 with Total Sold: 1,470
    • The Last 5 Year average price is £250,160 with Total Sold: 232
    • 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 , 36 GLAMFORD ROAD: £45,000 (Sold on 06 Jan 1995)
  • Detached
    • The average price is around £252,168 median price is £240,000 Standard Deviation is £116,512 with Total Sold: 81
    • The Last 5 Year average price is £404,367 with Total Sold: 15
    • The most recent sale happened at this postcode is , 134 LANCELOT AVENUE: £345,000 (Sold on 22 Mar 2024)
    • The first recorded sale happened at this postcode is , 107 LANCELOT AVENUE: £107,000 (Sold on 29 Nov 1996)
  • Other
    • The average price is around £397,325 median price is £35,000 Standard Deviation is £1,038,388 with Total Sold: 23
    • The Last 5 Year average price is £410,532 with Total Sold: 15
    • 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 £95,413 median price is £102,500 Standard Deviation is £46,763 with Total Sold: 113
    • The Last 5 Year average price is £160,388 with Total Sold: 20
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£289,319 £4,218 18
2023£313,757 £3,854 37
2022£305,442 £3,984 41
2021£265,938 £3,573 44
2020£257,685 £3,297 27
2019£250,512 £3,103 40
2018£243,038 £3,142 40
2017£238,824 £3,274 37
2016£224,306 £2,893 40
2015£200,937 £2,501 40
2014£173,108 £2,175 29
2013£150,200 £1,952 25
2012£140,721 £1,754 26
2011£134,947 £1,763 30
2010£138,039 £1,716 23
2009£126,685 £1,613 24
2008£157,300 £1,974 35
2007£158,999 £2,018 58
2006£141,948 £1,891 53
2005£136,988 £1,809 42
2004£135,065 £1,725 53
2003£122,999 £1,529 50
2002£99,066 £1,335 52
2001£77,901 £1,054 67
2000£71,491 £870 52
1999£59,443 £749 55
1998£52,346 £716 59
1997£48,662 £622 72
1996£43,343 £556 51
1995£44,975 £577 32
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£271,182 £3,523 11
2023£269,432 £3,755 37
2022£277,960 £3,803 40
2021£248,866 £3,571 56
2020£229,122 £3,280 46
2019£225,968 £3,138 42
2018£232,971 £3,112 51
2017£214,151 £3,190 43
2016£211,586 £2,973 70
2015£177,424 £2,376 63
2014£157,380 £2,279 55
2013£138,206 £1,907 46
2012£125,857 £1,793 30
2011£126,093 £1,717 27
2010£126,898 £1,874 27
2009£127,458 £1,763 24
2008£144,250 £1,978 31
2007£139,206 £1,955 93
2006£130,469 £1,874 62
2005£126,054 £1,809 53
2004£125,142 £1,689 74
2003£105,984 £1,560 63
2002£89,727 £1,336 66
2001£71,985 £1,017 53
2000£61,318 £918 64
1999£52,204 £740 73
1998£48,107 £684 60
1997£44,919 £633 44
1996£42,569 £635 30
1995£42,799 £547 36
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£345,0001
2023£606,000 £3,330 1
2022£431,750 £4,341 4
2021£387,500 £3,737 4
2020£367,500 £3,309 5
2017£292,100 £3,188 5
2016£312,264 £3,342 8
2015£238,250 £2,343 4
2014£306,167 £2,475 3
2013£207,500 £2,999 2
2012£209,250 £2,649 2
2011£292,750 £2,694 4
2010£250,000 £2,072 2
2009£191,600 £2,060 5
2008£227,500 £1,953 2
2007£236,667 £2,464 3
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£80,5002
1997£80,800 £715 5
1996£107,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£21,929 £432 7
2022£160,500 £3,580 2
2021£4,339 £99 2
2020£290,000 £3,452 1
2019£1,794,933 £1,074 3
2018£101,833 £1,620 3
2017£308,3333
2016£250,000 £4,167 1
2015£1,500,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£147,500 £3,352 1
2022£166,667 £2,918 3
2021£149,844 £2,864 8
2020£169,900 £2,729 5
2019£170,667 £3,429 3
2017£137,300 £2,932 5
2016£116,000 £2,442 2
2015£104,374 £2,062 8
2013£108,0001
2012£117,500 £1,276 2
2011£78,250 £1,535 4
2010£123,000 £2,436 1
2009£91,000 £1,516 3
2008£100,750 £2,627 2
2007£103,000 £2,115 4
2006£98,750 £2,224 18
2005£73,688 £2,078 4
2004£90,389 £1,494 9
2003£69,199 £1,894 5
2002£56,625 £1,318 4
2001£46,000 £943 3
2000£39,167 £940 3
1999£32,248 £538 5
1998£29,250 £512 4
1997£35,995 £947 1
1996£19,833 £468 3
1995£33,750 £604 2

House Type in ME2 2YT area

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

Total130
Terraced58
Semi-detached34
Flat27
Detached5
converted building4
Shared house1
commercial building1
temporary structure0

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 rented41
Private rented: Private landlord or letting agency36
Owned: Owns with a mortgage or loan30
Owned: Owns outright18
Social rented: Rents from council or Local Authority4
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

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

4 people in household32
1 person in household31
2 people in household31
3 people in household22
5 people in household11
6 people in household1
7 people in household1
0 people in household0
8 or more people in household0