Housing Market Analysis for ME2 3EL

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average ME2 3EL 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.

    All the Sales in the ME2 3EL

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

    AddressSold DatePrice% Change

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

    ME2 3EL Near By properties

    Interactive Map

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

    • Detached
      • The average price is around £270,143 median price is £225,000 Standard Deviation is £173,204 with Total Sold: 169
      • The Last 5 Year average price is £427,207 with Total Sold: 29
      • The most recent sale happened at this postcode is , 26 WOODSTOCK ROAD: £410,000 (Sold on 19 Aug 2024)
      • The first recorded sale happened at this postcode is , 29 GODDINGTON ROAD: £108,500 (Sold on 26 Jul 1995)
    • Terraced
      • The average price is around £129,557 median price is £120,000 Standard Deviation is £81,006 with Total Sold: 2,677
      • The Last 5 Year average price is £240,116 with Total Sold: 378
      • The most recent sale happened at this postcode is , 18 SMITH STREET: £340,000 (Sold on 16 Aug 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 £339,450 median price is £213,750 Standard Deviation is £446,273 with Total Sold: 74
      • The Last 5 Year average price is £353,180 with Total Sold: 45
      • The most recent sale happened at this postcode is , UNIT 8-10 DEACON TRADING CENTRE: £775,000 (Sold on 08 Aug 2024)
      • The first recorded sale happened at this postcode is , 4 - 6 FRINDSBURY ROAD: £89,180 (Sold on 31 Jan 2011)
    • Flat
      • The average price is around £98,922 median price is £97,995 Standard Deviation is £51,695 with Total Sold: 621
      • The Last 5 Year average price is £155,410 with Total Sold: 105
      • The most recent sale happened at this postcode is , 19 WYATT PLACE: £168,000 (Sold on 06 Aug 2024)
      • The first recorded sale happened at this postcode is FLAT 4, TRESERDEN COURT MONTFORT ROAD: £30,500 (Sold on 30 Jan 1995)
    • Semi-Detached
      • The average price is around £155,042 median price is £136,000 Standard Deviation is £100,065 with Total Sold: 509
      • The Last 5 Year average price is £294,398 with Total Sold: 67
      • 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)

    Sold Price Trend Over the Years:

    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£333,3333
    2023£335,000 £2,770 3
    2022£459,000 £4,143 5
    2021£434,125 £3,751 8
    2020£404,200 £3,244 5
    2019£519,000 £2,775 5
    2018£475,000 £3,302 5
    2017£425,666 £3,017 9
    2016£268,333 £2,644 3
    2015£214,667 £2,871 6
    2014£312,643 £2,226 7
    2013£211,833 £2,056 6
    2012£278,667 £1,686 3
    2011£237,166 £1,805 6
    2010£258,125 £1,596 4
    2009£209,745 £1,669 2
    2008£236,498 £2,027 2
    2007£261,312 £2,491 12
    2006£298,286 £1,919 7
    2005£236,359 £1,442 11
    2004£238,833 £1,825 6
    2003£456,375 £1,588 4
    2002£139,721 £1,474 9
    2001£189,375 £2,061 8
    2000£146,373 £1,007 8
    1999£107,214 £632 7
    1998£150,5002
    1997£108,500 £610 2
    1996£98,500 £1,332 7
    1995£84,750 £691 4
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£229,831 £2,518 23
    2023£266,406 £3,207 69
    2022£268,881 £3,278 80
    2021£223,558 £3,026 97
    2020£241,460 £2,815 50
    2019£200,462 £2,615 59
    2018£219,510 £2,796 92
    2017£208,541 £2,630 92
    2016£193,319 £2,446 94
    2015£165,164 £2,121 95
    2014£149,715 £1,860 74
    2013£129,084 £1,711 78
    2012£121,712 £1,527 60
    2011£119,605 £1,517 57
    2010£124,070 £1,603 62
    2009£118,015 £1,420 54
    2008£135,880 £1,798 57
    2007£146,809 £1,832 128
    2006£136,896 £1,742 133
    2005£121,439 £1,603 96
    2004£115,670 £1,450 120
    2003£103,454 £1,368 137
    2002£85,324 £1,095 121
    2001£71,678 £884 149
    2000£58,567 £756 134
    1999£49,785 £649 136
    1998£44,571 £549 117
    1997£40,463 £514 84
    1996£39,916 £484 65
    1995£34,348 £457 64
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£382,525 £1,792 4
    2023£422,000 £3,550 5
    2022£1,078,3333
    2021£454,550 £8,809 10
    2020£231,917 £36 12
    2019£153,591 £2,818 11
    2018£226,714 £1,899 7
    2017£505,63611
    2016£120,667 £4,250 3
    2015£275,2504
    2014£175,000 £1,550 3
    2011£89,1801
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£152,250 £2,896 6
    2023£167,000 £3,298 15
    2022£169,750 £2,769 32
    2021£153,446 £2,680 23
    2020£133,136 £2,561 11
    2019£137,431 £3,225 18
    2018£143,765 £3,039 17
    2017£171,600 £3,532 15
    2016£123,783 £2,367 34
    2015£113,717 £2,418 23
    2014£109,378 £2,004 40
    2013£105,455 £1,890 21
    2012£97,909 £1,690 11
    2011£106,542 £1,947 12
    2010£111,909 £2,073 11
    2009£93,893 £2,053 14
    2008£106,154 £2,440 22
    2007£107,944 £2,159 32
    2006£95,084 £1,927 35
    2005£86,507 £1,806 14
    2004£92,014 £1,933 30
    2003£80,570 £1,593 30
    2002£67,519 £1,503 17
    2001£49,904 £1,059 34
    2000£40,890 £900 28
    1999£31,131 £577 22
    1998£30,248 £613 26
    1997£30,194 £636 9
    1996£26,312 £567 8
    1995£30,045 £622 11
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£280,0003
    2023£301,410 £3,296 15
    2022£328,231 £3,670 13
    2021£306,833 £3,451 12
    2020£266,192 £3,672 13
    2019£268,545 £3,248 11
    2018£279,526 £3,250 19
    2017£244,421 £2,776 19
    2016£230,517 £2,654 18
    2015£217,700 £2,759 10
    2014£237,578 £2,369 16
    2013£170,966 £2,262 15
    2012£148,429 £2,090 7
    2011£160,992 £1,962 6
    2010£160,347 £1,904 12
    2009£127,416 £1,616 12
    2008£164,693 £1,920 12
    2007£180,313 £2,297 29
    2006£141,583 £1,858 21
    2005£148,427 £1,753 12
    2004£148,819 £1,602 16
    2003£132,082 £1,657 29
    2002£122,333 £1,245 21
    2001£104,551 £1,057 19
    2000£74,296 £852 27
    1999£68,772 £727 20
    1998£59,441 £702 18
    1997£51,125 £537 32
    1996£45,083 £536 36
    1995£40,609 £455 16

    House Type in ME2 3EL area

    The most common house types in the ME2 3EL postcode area are Terraced (73), Flat (24), and Semi-detached (18).

    Total142
    Terraced73
    Flat24
    Semi-detached18
    Detached11
    Shared house11
    converted building3
    commercial building2
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (58), and Owned: Owns outright (41).

    Private rented: Private landlord or letting agency58
    Owned: Owns outright41
    Owned: Owns with a mortgage or loan36
    Private rented: Other private rented6
    Shared ownership: Shared ownership1
    Social rented: Other social rented1
    Does not apply0
    Social rented: Rents from council or Local Authority0
    Lives rent free0

    Number of People in a Household

    The most houses in the ME2 3EL have 1 person in household (58), and 2 people in household (37).

    1 person in household58
    2 people in household37
    3 people in household21
    4 people in household16
    5 people in household6
    6 people in household4
    8 or more people in household1
    0 people in household0
    7 people in household0