Housing Market Analysis for BANNING STREET, ME2 3AG

Are you looking to understand ME2 3AG 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 3AG area, explore the ME2 3AG Area information page.
For comprehensive crime statistics in the ME2 3AG area, explore the ME2 3AG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME2 3AG postcode area, The average prices are as follows,

Terraced
- The average price is around £130,255 median price is £122,500 Standard Deviation is £70,347 with Total Sold: 28
- The Last 5 Year average price is £241,700 with Total Sold: 5
- The most recent sale happened at this postcode is 9 BANNING STREET: £243,000 (Sold on 29 Sep 2023)
- The first recorded sale happened at this postcode is 9 BANNING STREET: £34,700 (Sold on 10 Feb 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average ME2 3AG 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£252,000	£3,443	3
2021	£226,250	£2,978	2
2017	£198,000	£2,571	1
2016	£185,500	£2,593	2
2015	£155,500	£2,033	2
2014	£134,000	£1,836	1
2012	£113,000	£1,317	1
2010	£112,500	£1,311	1
2008	£140,000	£1,918	1
2007	£165,500	£1,799	1
2006	£129,000	£1,697	1
2003	£111,500	£1,334	2
2002	£73,500	£993	1
2001	£64,475	£901	2
2000	£60,624	£763	4
1996	£38,500	£527	1
1995	£29,100	£376	2

All the Sales in the BANNING STREET, ME2 3AG

See the table below for more details on the sold house prices in the ME2 3AG, Medway postcode.

Address	Sold Date	Price	% Change
9 BANNING STREETTerraced, FreeholdArea: 70 Sq.mtrAge: 1900-1929	29 Sep 2023	£243,000	0.0
	29 Sep 2023	£243,000	38.07%
	18 Mar 2016	£176,000	184.10%
	08 Aug 2001	£61,950	78.53%
	10 Feb 1995	£34,700	First Sale
13 BANNING STREETTerraced, FreeholdArea: 79.75 Sq.mtrAge: before 1900	31 Mar 2023	£270,000	63.14%
	27 Jul 2007	£165,500	42.67%
	06 Jun 2003	£116,000	77.10%
	14 Nov 2000	£65,500	178.72%
	25 Aug 1995	£23,500	First Sale
5 BANNING STREETTerraced, FreeholdArea: 75 Sq.mtrAge: 1900-1929	29 Jul 2021	£227,500	First Sale
6 BANNING STREETTerraced, FreeholdArea: 77 Sq.mtrAge: 1930-1949	16 Jul 2021	£225,000	13.64%
	07 Apr 2017	£198,000	32.00%
	14 Apr 2015	£150,000	First Sale
8 BANNING STREETTerraced, FreeholdArea: 73 Sq.mtrAge: 1900-1929	19 Dec 2016	£195,000	39.29%
	03 Apr 2008	£140,000	263.64%
	30 Sep 1996	£38,500	First Sale
7 BANNING STREETTerraced, FreeholdArea: 76 Sq.mtrAge: before 1900	04 Dec 2015	£161,000	24.81%
	29 Sep 2006	£129,000	20.56%
	18 Jul 2003	£107,000	First Sale
10 BANNING STREETTerraced, FreeholdArea: 73 Sq.mtrAge: 1900-1929	28 Feb 2014	£134,000	100.00%
	18 May 2001	£67,000	First Sale
11 BANNING STREETTerraced, FreeholdArea: 85.78 Sq.mtrAge: before 1900	19 Oct 2012	£113,000	0.44%
	21 Apr 2010	£112,500	87.50%
	25 Aug 2000	£60,000	First Sale
2 BANNING STREETTerraced, FreeholdArea: 74 Sq.mtrAge: before 1900	08 Mar 2002	£73,500	24.58%
	11 Dec 2000	£59,000	First Sale
3 BANNING STREETTerraced, FreeholdArea: 79 Sq.mtrAge: 1900-1929	19 May 2000	£57,995	First Sale

Check out the sold house prices near the ME2 3AG postcode. Properties currently for saleProperties currently for rent

BANNING STREET, ME2 3AG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME2 3AG 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 3AG postcode.

Terraced
- The average price is around £129,784 median price is £120,000 Standard Deviation is £80,612 with Total Sold: 3,149
- The Last 5 Year average price is £240,244 with Total Sold: 441
- The most recent sale happened at this postcode is , 60 GRANGE ROAD: £247,000 (Sold on 18 Sep 2024)
- The first recorded sale happened at this postcode is , 99 KITCHENER ROAD: £27,000 (Sold on 06 Jan 1995)
Other
- The average price is around £406,239 median price is £250,000 Standard Deviation is £507,259 with Total Sold: 64
- The Last 5 Year average price is £381,009 with Total Sold: 40
- The most recent sale happened at this postcode is COBB HOUSE, 20 - 22 HILLSIDE AVENUE: £1,400,000 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is , 4 - 6 FRINDSBURY ROAD: £89,180 (Sold on 31 Jan 2011)
Detached
- The average price is around £265,575 median price is £239,998 Standard Deviation is £159,376 with Total Sold: 406
- The Last 5 Year average price is £474,147 with Total Sold: 59
- The most recent sale happened at this postcode is , 1 ST MARYS ROAD: £290,000 (Sold on 02 Aug 2024)
- The first recorded sale happened at this postcode is , 15 HONEYPOT CLOSE: £135,000 (Sold on 17 Feb 1995)
Semi-Detached
- The average price is around £165,319 median price is £147,000 Standard Deviation is £101,228 with Total Sold: 802
- The Last 5 Year average price is £303,569 with Total Sold: 108
- The most recent sale happened at this postcode is , 7 STANHOPE ROAD: £230,000 (Sold on 04 Jul 2024)
- The first recorded sale happened at this postcode is , 47 BROMPTON LANE: £42,000 (Sold on 06 Jan 1995)
Flat
- The average price is around £97,188 median price is £95,000 Standard Deviation is £54,135 with Total Sold: 459
- The Last 5 Year average price is £147,455 with Total Sold: 78
- The most recent sale happened at this postcode is , 17A BROMPTON LANE: £97,000 (Sold on 06 Jun 2024)
- The first recorded sale happened at this postcode is FLAT 4, TRESERDEN COURT MONTFORT ROAD: £30,500 (Sold on 30 Jan 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£242,428	£2,549	40
2023	£264,510	£3,299	79
2022	£271,263	£3,356	87
2021	£224,423	£3,045	114
2020	£238,061	£2,882	57
2019	£196,887	£2,663	64
2018	£221,169	£2,878	110
2017	£210,631	£2,667	107
2016	£195,113	£2,514	112
2015	£165,410	£2,181	116
2014	£151,484	£1,969	95
2013	£130,716	£1,730	88
2012	£122,551	£1,539	73
2011	£121,157	£1,555	67
2010	£129,743	£1,658	69
2009	£119,046	£1,439	50
2008	£140,169	£1,827	59
2007	£148,297	£1,862	144
2006	£136,168	£1,773	165
2005	£122,353	£1,610	104
2004	£118,750	£1,532	137
2003	£102,373	£1,367	163
2002	£84,041	£1,143	158
2001	£71,090	£907	168
2000	£59,383	£788	166
1999	£49,773	£635	152
1998	£45,670	£582	135
1997	£41,135	£533	107
1996	£38,255	£508	81
1995	£35,258	£477	82

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£538,775	£1,792	4
2023	£241,562	£1,962	4
2022	£742,500		2
2021	£437,542	£8,093	12
2020	£241,750	£65	8
2019	£344,950	£2,818	10
2018	£333,500	£1,899	3
2017	£553,950	£3,935	10
2016	£272,400	£4,250	5
2015	£824,265		3
2014	£147,500	£1,550	2
2011	£89,180		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£387,500		4
2023	£539,500	£3,361	6
2022	£591,667	£4,065	6
2021	£453,217	£3,841	23
2020	£407,185	£3,434	9
2019	£504,455	£3,458	11
2018	£386,639	£3,613	9
2017	£431,636	£3,235	22
2016	£343,727	£3,109	11
2015	£310,659	£2,691	15
2014	£322,900	£2,385	15
2013	£248,923	£2,228	13
2012	£246,929	£2,079	7
2011	£249,208	£1,918	12
2010	£247,188	£1,955	8
2009	£237,333	£2,106	3
2008	£240,585	£2,251	4
2007	£282,571	£2,373	14
2006	£288,125	£2,050	12
2005	£243,629	£1,678	19
2004	£262,999	£1,957	16
2003	£305,393	£2,113	19
2002	£202,764	£1,685	17
2001	£158,971	£1,620	17
2000	£157,727	£1,212	13
1999	£127,866	£822	15
1998	£141,580	£1,018	18
1997	£117,521	£848	24
1996	£105,860	£784	29
1995	£91,467	£742	15

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£273,333	£3,696	6
2023	£321,000	£3,481	17
2022	£344,476	£3,962	21
2021	£312,886	£3,721	22
2020	£287,315	£3,443	27
2019	£254,233	£3,221	15
2018	£309,196	£3,466	23
2017	£268,446	£2,950	28
2016	£254,324	£2,921	25
2015	£225,497	£2,646	20
2014	£234,412	£2,313	20
2013	£179,816	£2,289	19
2012	£166,000	£2,106	11
2011	£164,814	£1,956	11
2010	£179,711	£2,088	19
2009	£147,882	£1,719	17
2008	£180,201	£1,983	14
2007	£194,307	£2,324	52
2006	£159,723	£1,990	37
2005	£170,070	£1,960	23
2004	£167,465	£1,753	29
2003	£142,578	£1,692	45
2002	£126,694	£1,399	41
2001	£105,965	£1,175	29
2000	£86,270	£965	36
1999	£71,466	£762	30
1998	£66,835	£689	28
1997	£60,568	£654	51
1996	£51,925	£597	55
1995	£50,893	£573	31

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£145,500		2
2023	£154,808	£3,680	13
2022	£171,024	£2,786	21
2021	£139,083	£2,632	15
2020	£121,556	£2,972	9
2019	£134,792	£3,284	18
2018	£148,000	£3,264	9
2017	£166,500	£3,893	10
2016	£132,288	£2,445	16
2015	£109,524	£2,495	21
2014	£111,332	£1,976	41
2013	£104,377	£1,904	20
2012	£103,667	£1,883	6
2011	£110,833	£2,197	9
2010	£111,556	£2,450	9
2009	£98,333	£2,220	12
2008	£115,228	£2,679	17
2007	£106,915	£2,377	27
2006	£84,500	£1,921	21
2005	£81,346	£2,006	13
2004	£87,213	£2,022	21
2003	£81,194	£1,750	18
2002	£65,952	£1,518	14
2001	£45,749	£1,051	20
2000	£37,940	£963	26
1999	£28,947	£536	16
1998	£31,567	£679	15
1997	£29,550	£658	5
1996	£24,100	£491	10
1995	£23,560	£525	5

House Type in ME2 3AG area

The most common house types in the ME2 3AG postcode area are Terraced (118), Semi-detached (7), and Shared house (4).

Total	135
Terraced	118
Semi-detached	7
Shared house	4
Flat	3
Detached	2
converted building	1
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (60), and Owned: Owns with a mortgage or loan (36).

Private rented: Private landlord or letting agency	60
Owned: Owns with a mortgage or loan	36
Owned: Owns outright	29
Social rented: Other social rented	4
Social rented: Rents from council or Local Authority	2
Private rented: Other private rented	2
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 3AG have 3 people in household (41), and 2 people in household (38).

3 people in household	41
2 people in household	38
1 person in household	33
4 people in household	14
5 people in household	5
6 people in household	3
0 people in household	0
7 people in household	0
8 or more people in household	0