Housing Market Analysis for PROSPECT AVENUE, ME2 3BZ

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

Overview of Sold House prices

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

Terraced
- The average price is around £161,648 median price is £155,000 Standard Deviation is £88,008 with Total Sold: 79
- The Last 5 Year average price is £268,066 with Total Sold: 19
- The most recent sale happened at this postcode is 42 PROSPECT AVENUE: £315,000 (Sold on 27 Mar 2024)
- The first recorded sale happened at this postcode is 9 PROSPECT AVENUE: £270,000 (Sold on 05 Jul 2024)
Semi-Detached
- The average price is around £128,357 median price is £131,250 Standard Deviation is £70,778 with Total Sold: 14
- The Last 5 Year average price is £282,500 with Total Sold: 1
- The most recent sale happened at this postcode is 57 PROSPECT AVENUE: £282,500 (Sold on 16 Apr 2021)
- The first recorded sale happened at this postcode is 57 PROSPECT AVENUE: £31,500 (Sold on 15 Mar 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average ME2 3BZ 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
2024	£276,667		3
2023	£310,000	£4,247	1
2022	£311,000	£3,329	5
2021	£258,450	£3,284	5
2020	£250,000	£2,216	2
2019	£202,000	£2,130	3
2018	£251,500	£2,521	3
2017	£206,250	£2,543	4
2016	£255,667	£2,916	3
2015	£160,000	£2,133	1
2014	£180,000	£2,158	2
2013	£168,167	£2,190	3
2012	£155,000	£1,987	1
2011	£135,500	£1,441	5
2009	£150,000	£1,923	1
2008	£192,500	£1,531	2
2007	£173,000	£2,310	2
2006	£158,500		1
2005	£130,000	£1,656	2
2004	£140,665	£1,440	3
2003	£118,000	£1,513	1
2002	£92,596	£942	5
2001	£74,833	£855	3
2000	£67,899	£854	5
1999	£60,249	£519	4
1998	£53,995	£740	1
1997	£42,750	£412	2
1996	£41,667	£488	3
1995	£33,833	£382	3

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£282,500	£3,908	1
2016	£226,049	£3,127	1
2015	£182,000	£2,518	1
2013	£152,000	£2,413	1
2010	£150,000	£2,075	1
2007	£160,000		1
2005	£127,250		2
2004	£24,000		1
2003	£130,000	£2,063	1
2002	£89,995	£1,500	1
1998	£57,500	£913	1
1997	£56,950	£949	1
1996	£31,500	£525	1

All the Sales in the PROSPECT AVENUE, ME2 3BZ

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

Address	Sold Date	Price	% Change
42 PROSPECT AVENUETerraced, Freehold	27 Mar 2024	£315,000	28.57%
42 PROSPECT AVENUETerraced, Freehold	18 Mar 2021	£245,000	First Sale
5 PROSPECT AVENUETerraced, FreeholdArea: 73 Sq.mtrAge: 1900-1929	19 May 2023	£310,000	37.78%
	06 Sep 2021	£225,000	316.71%
	29 May 1998	£53,995	First Sale
7 PROSPECT AVENUETerraced, FreeholdArea: 80 Sq.mtrAge: 1900-1929	16 Dec 2022	£265,000	First Sale
43 PROSPECT AVENUETerraced, FreeholdArea: 76 Sq.mtrAge: 1930-1949	25 Nov 2022	£310,000	40.91%
	13 Mar 2017	£220,000	First Sale
3 PROSPECT AVENUETerraced, FreeholdArea: 99 Sq.mtrAge: 1900-1929	15 Nov 2022	£290,000	87.10%
	01 Sep 2004	£155,000	127.94%
	11 May 1999	£68,000	First Sale
1 PROSPECT AVENUETerraced, FreeholdArea: 111.3 Sq.mtrAge: 1900-1929	31 Oct 2022	£340,000	51.11%
	25 Apr 2008	£225,000	First Sale
47 PROSPECT AVENUETerraced, FreeholdArea: 107 Sq.mtrAge: 1930-1949	19 Jul 2022	£350,000	34.62%
	13 Sep 2017	£260,000	First Sale
19 PROSPECT AVENUETerraced, FreeholdArea: 94 Sq.mtrAge: 1900-1929	16 Dec 2021	£285,000	First Sale
9 PROSPECT AVENUETerraced, FreeholdArea: 81 Sq.mtrAge: 1900-1929	27 Sep 2021	£277,250	8.09%
	17 Dec 2018	£256,500	280.00%
	08 Dec 2000	£67,500	-75.00%
	05 Jul 2024	£270,000	First Sale
13 PROSPECT AVENUETerraced, FreeholdArea: 78 Sq.mtrAge: 1900-1929	09 Jun 2021	£260,000	67.74%
	15 Jun 2012	£155,000	34.78%
	28 Oct 2011	£115,000	First Sale
57 PROSPECT AVENUESemi-Detached, FreeholdArea: 72.28 Sq.mtrAge: 1930-1949	16 Apr 2021	£282,500	24.97%
	22 Apr 2016	£226,049	24.20%
	29 Jan 2015	£182,000	21.33%
	30 Sep 2010	£150,000	66.68%
	01 Mar 2002	£89,995	58.02%
	04 Jul 1997	£56,950	80.79%
	15 Mar 1996	£31,500	First Sale
16 PROSPECT AVENUETerraced, FreeholdArea: 108 Sq.mtrAge: 1900-1929	05 Aug 2020	£245,000	First Sale
30 PROSPECT AVENUETerraced, FreeholdArea: 117.9 Sq.mtrAge: before 1900	22 Jun 2020	£255,000	72.88%
	18 Feb 2011	£147,500	-7.81%
	12 Dec 2008	£160,000	10.35%
	23 Apr 2004	£144,995	99.99%
	18 Jul 2001	£72,500	First Sale
27 PROSPECT AVENUETerraced, FreeholdArea: 80.92 Sq.mtrAge: before 1900	02 Dec 2019	£230,000	64.29%
	19 Jan 2011	£140,000	81.82%
	26 Oct 2001	£77,000	First Sale
10 PROSPECT AVENUETerraced, FreeholdArea: 154 Sq.mtrAge: 1900-1929	14 May 2019	£201,000	First Sale
63 PROSPECT AVENUETerraced, FreeholdArea: 77.99 Sq.mtrAge: before 1900	30 Apr 2019	£175,000	48.31%
	12 Sep 2003	£118,000	First Sale
32 PROSPECT AVENUETerraced, FreeholdArea: 109.34 Sq.mtrAge: 1900-1929	08 Nov 2018	£262,000	47.19%
	30 Oct 2014	£178,000	14.10%
	27 May 2011	£156,000	246.67%
	09 Jul 1999	£45,000	0.0
	10 Oct 1997	£45,000	First Sale
18 PROSPECT AVENUETerraced, FreeholdArea: 118 Sq.mtrAge: 1900-1929	06 Sep 2018	£236,000	First Sale
41 PROSPECT AVENUETerraced, LeaseholdArea: 80 Sq.mtrAge: before 1900	02 Jun 2017	£110,000	144.44%
	26 Nov 2002	£45,000	First Sale
48 PROSPECT AVENUETerraced, FreeholdArea: 67.7 Sq.mtrAge: 1930-1949	07 Apr 2017	£235,000	29.12%
	20 Jun 2014	£182,000	9.64%
	16 Mar 2007	£166,000	First Sale
24 PROSPECT AVENUETerraced, FreeholdArea: 95 Sq.mtrAge: 1900-1929	25 Aug 2016	£250,000	495.24%
	28 Apr 1995	£42,000	First Sale
26 PROSPECT AVENUETerraced, FreeholdArea: 123 Sq.mtrAge: before 1900	25 Aug 2016	£270,000	First Sale
20 PROSPECT AVENUETerraced, FreeholdArea: 63 Sq.mtrAge: 1900-1929	22 Jul 2016	£247,000	First Sale
31 PROSPECT AVENUETerraced, FreeholdArea: 75 Sq.mtrAge: before 1900	10 Jun 2015	£160,000	113.33%
	04 May 2001	£75,000	First Sale
15 PROSPECT AVENUETerraced, FreeholdArea: 80 Sq.mtrAge: before 1900	12 Jun 2013	£143,000	17.21%
	17 Dec 2004	£122,000	47.00%
	15 Feb 2002	£82,995	112.81%
	21 Nov 1996	£39,000	First Sale
61 PROSPECT AVENUETerraced, FreeholdArea: 71 Sq.mtrAge: 1930-1949	22 Mar 2013	£210,000	First Sale
49 PROSPECT AVENUESemi-Detached, FreeholdArea: 63 Sq.mtrAge: 1930-1949	01 Mar 2013	£152,000	16.92%
	25 Apr 2003	£130,000	126.09%
	29 May 1998	£57,500	First Sale
37 PROSPECT AVENUETerraced, FreeholdArea: 83 Sq.mtrAge: 1900-1929	01 Mar 2013	£151,500	-15.83%
	13 Dec 2007	£180,000	151.75%
	28 Jul 2000	£71,500	First Sale
12 PROSPECT AVENUETerraced, FreeholdArea: 89.85 Sq.mtrAge: 1900-1929	12 Apr 2011	£119,000	First Sale
39 PROSPECT AVENUETerraced, FreeholdArea: 78 Sq.mtrAge: before 1900	29 May 2009	£150,000	15.38%
	05 Dec 2005	£130,000	First Sale
55 PROSPECT AVENUESemi-Detached, Freehold	30 Mar 2007	£160,000	20.75%
	21 Oct 2005	£132,500	8.61%
	01 Jul 2005	£122,000	First Sale
33 PROSPECT AVENUETerraced, Freehold	29 Sep 2006	£158,500	260.23%
	15 Mar 1996	£44,000	83.33%
	17 Aug 1995	£24,000	First Sale
17 PROSPECT AVENUETerraced, FreeholdArea: 79 Sq.mtrAge: before 1900	30 Nov 2005	£130,000	89.78%
	15 Jun 2000	£68,500	First Sale
53 PROSPECT AVENUESemi-Detached, Freehold	09 Jan 2004	£24,000	First Sale
44 PROSPECT AVENUETerraced, FreeholdArea: 110 Sq.mtrAge: 1930-1949	22 Nov 2002	£134,995	280.27%
	08 Dec 1995	£35,500	First Sale
23 PROSPECT AVENUETerraced, Freehold	30 Aug 2002	£87,995	117.27%
23 PROSPECT AVENUETerraced, Freehold	29 Aug 1997	£40,500	First Sale
36 PROSPECT AVENUETerraced, Freehold	23 Aug 2002	£111,995	49.34%
36 PROSPECT AVENUETerraced, Freehold	31 Mar 2000	£74,995	First Sale
38 PROSPECT AVENUETerraced, Freehold	07 Jul 2000	£57,000	First Sale
40 PROSPECT AVENUETerraced, FreeholdArea: 148 Sq.mtrAge: 1930-1949	30 Nov 1999	£68,000	First Sale
45 PROSPECT AVENUETerraced, Freehold	08 Oct 1999	£59,995	First Sale
21 PROSPECT AVENUETerraced, Freehold	08 Mar 1996	£42,000	First Sale
25 PROSPECT AVENUETerraced, Freehold	12 Jul 2024	£245,000	First Sale

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

PROSPECT AVENUE, ME2 3BZ Near By properties

Interactive Map

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

Terraced
- The average price is around £128,752 median price is £120,000 Standard Deviation is £72,523 with Total Sold: 2,737
- The Last 5 Year average price is £237,744 with Total Sold: 393
- The most recent sale happened at this postcode is , 34 BILL STREET ROAD: £284,500 (Sold on 23 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 £410,155 median price is £280,000 Standard Deviation is £413,911 with Total Sold: 35
- The Last 5 Year average price is £430,520 with Total Sold: 23
- 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 £258,280 median price is £240,000 Standard Deviation is £144,999 with Total Sold: 345
- The Last 5 Year average price is £453,351 with Total Sold: 56
- 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 £172,534 median price is £159,998 Standard Deviation is £100,063 with Total Sold: 864
- The Last 5 Year average price is £318,828 with Total Sold: 122
- The most recent sale happened at this postcode is , 20 CYPRESS ROAD: £440,000 (Sold on 21 Jun 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 £85,875 median price is £85,000 Standard Deviation is £49,330 with Total Sold: 389
- The Last 5 Year average price is £136,221 with Total Sold: 61
- 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 FIRST AND SECOND FLOOR FLAT, 16 ST MARYS ROAD: £23,500 (Sold on 16 Jun 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£248,316	£2,893	38
2023	£248,176	£3,504	64
2022	£274,494	£3,603	66
2021	£233,778	£3,130	111
2020	£214,679	£3,000	56
2019	£207,345	£2,779	58
2018	£220,336	£2,983	78
2017	£213,270	£2,839	92
2016	£189,682	£2,496	89
2015	£168,403	£2,335	107
2014	£151,652	£2,063	87
2013	£132,658	£1,805	73
2012	£122,348	£1,596	66
2011	£123,008	£1,591	62
2010	£123,861	£1,627	55
2009	£118,897	£1,544	39
2008	£139,822	£1,793	59
2007	£147,157	£1,936	134
2006	£129,086	£1,802	118
2005	£125,067	£1,681	85
2004	£120,705	£1,652	122
2003	£104,985	£1,439	144
2002	£85,583	£1,171	150
2001	£69,301	£926	149
2000	£59,414	£802	144
1999	£51,780	£689	134
1998	£48,356	£636	116
1997	£40,376	£552	101
1996	£38,002	£531	65
1995	£36,478	£491	75

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£585,000	£3,580	4
2023	£245,862	£2,257	4
2022	£600,000		1
2021	£271,400	£4,649	5
2020	£355,667	£3,608	6
2019	£829,167		3
2018	£298,500	£3,117	3
2017	£103,667	£3,537	3
2016	£500,000		2
2015	£1,031,398		2
2014	£95,000		1
2011	£89,180		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£313,333		3
2023	£507,500	£3,767	6
2022	£584,000	£4,078	5
2021	£458,095	£3,756	21
2020	£407,574	£3,493	9
2019	£432,875	£3,747	12
2018	£383,639	£3,143	9
2017	£432,571	£3,075	14
2016	£341,970	£3,200	10
2015	£288,928	£2,702	14
2014	£320,161	£2,392	14
2013	£252,385	£2,352	13
2012	£218,438	£2,117	8
2011	£243,250	£1,838	8
2010	£202,800	£1,821	5
2009	£200,400	£2,052	5
2008	£234,997	£2,027	3
2007	£262,758	£2,400	14
2006	£299,300	£1,904	10
2005	£203,950	£1,591	10
2004	£232,136	£2,130	11
2003	£249,475	£2,204	21
2002	£218,785	£1,661	14
2001	£148,176	£1,650	17
2000	£145,636	£1,149	11
1999	£116,300	£843	15
1998	£119,698	£954	20
1997	£113,681	£875	19
1996	£117,746	£767	12
1995	£97,417	£775	12

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£325,500	£3,824	11
2023	£343,735	£3,799	17
2022	£361,025	£4,126	20
2021	£313,917	£3,705	30
2020	£302,143	£3,341	28
2019	£273,438	£3,302	16
2018	£308,680	£3,344	25
2017	£297,000	£3,096	25
2016	£277,704	£3,223	26
2015	£228,266	£2,703	28
2014	£220,881	£2,401	19
2013	£181,178	£2,042	23
2012	£181,444	£2,152	9
2011	£176,204	£2,045	12
2010	£169,219	£2,100	16
2009	£154,288	£1,783	26
2008	£190,547	£2,121	20
2007	£187,571	£2,135	53
2006	£169,628	£2,012	35
2005	£170,224	£2,249	29
2004	£168,036	£1,826	41
2003	£137,581	£1,636	45
2002	£126,658	£1,481	50
2001	£106,177	£1,217	31
2000	£91,912	£1,004	32
1999	£79,486	£876	36
1998	£69,771	£781	31
1997	£63,878	£672	47
1996	£53,219	£598	41
1995	£50,195	£611	42

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£128,167		3
2023	£132,126	£3,287	12
2022	£146,292	£2,592	12
2021	£146,625	£2,815	16
2020	£136,125	£2,991	8
2019	£114,900	£2,638	10
2018	£128,444	£3,083	9
2017	£170,000	£3,738	10
2016	£115,167	£2,394	9
2015	£110,579	£2,402	19
2014	£105,000	£1,995	11
2013	£81,250	£1,847	10
2012	£78,000	£1,654	4
2011	£96,417	£1,954	6
2010	£95,682	£1,926	11
2009	£90,556	£1,926	9
2008	£94,929	£2,237	7
2007	£103,739	£2,329	26
2006	£87,018	£1,892	24
2005	£87,147	£1,953	17
2004	£82,999	£1,920	22
2003	£75,972	£1,366	18
2002	£61,486	£1,236	19
2001	£43,554	£980	18
2000	£36,468	£940	25
1999	£27,438	£554	16
1998	£26,269	£605	13
1997	£27,667	£545	6
1996	£23,417	£425	12
1995	£22,900	£481	7

House Type in ME2 3BZ area

The most common house types in the ME2 3BZ postcode area are Terraced (78), Semi-detached (22), and Detached (9).

Total	124
Terraced	78
Semi-detached	22
Detached	9
Flat	7
commercial building	4
converted building	3
Shared house	1
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (39), and Owned: Owns with a mortgage or loan (39).

Owned: Owns outright	39
Owned: Owns with a mortgage or loan	39
Private rented: Private landlord or letting agency	32
Social rented: Rents from council or Local Authority	5
Social rented: Other social rented	4
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 3BZ have 2 people in household (44), and 1 person in household (31).

2 people in household	44
1 person in household	31
3 people in household	23
4 people in household	12
5 people in household	12
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0