Housing Market Analysis for CADNAM CLOSE, ME2 3TS

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

Overview of Sold House prices

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

Detached
- The average price is around £327,786 median price is £350,000 Standard Deviation is £75,416 with Total Sold: 7
- The Last 5 Year average price is £400,000 with Total Sold: 2
- The most recent sale happened at this postcode is 18 CADNAM CLOSE: £450,000 (Sold on 09 Sep 2022)
- The first recorded sale happened at this postcode is 26 CADNAM CLOSE: £221,500 (Sold on 14 Jul 2003)
Semi-Detached
- The average price is around £174,024 median price is £162,000 Standard Deviation is £94,689 with Total Sold: 18
- The Last 5 Year average price is £327,500 with Total Sold: 2
- The most recent sale happened at this postcode is 8 CADNAM CLOSE: £330,000 (Sold on 23 Mar 2021)
- The first recorded sale happened at this postcode is 16 CADNAM CLOSE: £69,000 (Sold on 16 Jun 1995)
Terraced
- The average price is around £190,250 median price is £190,250 Standard Deviation is £38,250 with Total Sold: 2
- The most recent sale happened at this postcode is 22 CADNAM CLOSE: £228,500 (Sold on 16 Mar 2004)
- The first recorded sale happened at this postcode is 24 CADNAM CLOSE: £152,000 (Sold on 21 Dec 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average ME2 3TS 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: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£450,000	£5,114	1
2021	£350,000	£3,977	1
2016	£350,333	£3,732	3
2011	£222,000	£2,111	1
2003	£221,500	£2,260	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£327,500	£3,734	2
2016	£300,000	£3,947	1
2015	£345,000	£2,575	1
2013	£180,000	£2,368	1
2012	£180,000	£2,338	1
2008	£207,500	£2,730	1
2005	£228,500		1
2003	£184,995	£2,434	1
2001	£124,998		2
2000	£127,000	£993	2
1997	£82,000	£943	1
1996	£68,250	£834	2
1995	£64,475		2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2004	£228,500		1
2001	£152,000		1

All the Sales in the CADNAM CLOSE, ME2 3TS

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

Address	Sold Date	Price	% Change
18 CADNAM CLOSEDetached, FreeholdArea: 88 Sq.mtrAge: 1950-1966	09 Sep 2022	£450,000	28.57%
	02 Dec 2021	£350,000	First Sale
8 CADNAM CLOSESemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1930-1949	23 Mar 2021	£330,000	First Sale
11 CADNAM CLOSESemi-Detached, FreeholdArea: 104 Sq.mtrAge: 1950-1966	15 Jan 2021	£325,000	296.34%
	30 Jul 1997	£82,000	7.19%
	04 Oct 1996	£76,500	First Sale
20 CADNAM CLOSEDetached, FreeholdArea: 77 Sq.mtrAge: 1950-1966	19 Aug 2016	£355,000	First Sale
5 CADNAM CLOSESemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1950-1966	08 Apr 2016	£300,000	44.58%
	06 Jun 2008	£207,500	First Sale
19 CADNAM CLOSEDetached, FreeholdArea: 114 Sq.mtrAge: 1967-1975	30 Mar 2016	£361,000	First Sale
26 CADNAM CLOSEDetached, FreeholdArea: 98 Sq.mtrAge: 1950-1966	08 Jan 2016	£335,000	51.24%
	14 Jul 2003	£221,500	First Sale
2 CADNAM CLOSESemi-Detached, FreeholdArea: 134 Sq.mtrAge: 1967-1975	12 Aug 2015	£345,000	First Sale
12 CADNAM CLOSESemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1950-1966	25 Oct 2013	£180,000	First Sale
3 CADNAM CLOSESemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1950-1966	24 Aug 2012	£180,000	First Sale
17 CADNAM CLOSEDetached, FreeholdArea: 105.18 Sq.mtrAge: 1967-1975	11 Mar 2011	£222,000	First Sale
1 CADNAM CLOSESemi-Detached, Freehold	31 Oct 2005	£228,500	First Sale
22 CADNAM CLOSETerraced, Freehold	16 Mar 2004	£228,500	First Sale
10 CADNAM CLOSESemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1950-1966	24 Oct 2003	£184,995	208.32%
	05 Jul 1996	£60,000	First Sale
24 CADNAM CLOSETerraced, Freehold	21 Dec 2001	£152,000	First Sale
9 CADNAM CLOSESemi-Detached, Freehold	04 Sep 2001	£119,995	100.16%
9 CADNAM CLOSESemi-Detached, Freehold	15 Dec 1995	£59,950	First Sale
4 CADNAM CLOSESemi-Detached, Freehold	13 Jul 2001	£130,000	18.18%
4 CADNAM CLOSESemi-Detached, Freehold	14 Jan 2000	£110,000	First Sale
13 CADNAM CLOSESemi-Detached, FreeholdArea: 145 Sq.mtrAge: 1950-1966	05 May 2000	£144,000	First Sale
16 CADNAM CLOSESemi-Detached, Freehold	16 Jun 1995	£69,000	First Sale

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

CADNAM CLOSE, ME2 3TS Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £183,395 median price is £170,000 Standard Deviation is £98,009 with Total Sold: 891
- The Last 5 Year average price is £314,913 with Total Sold: 162
- The most recent sale happened at this postcode is , 23 ROMSEY CLOSE: £357,000 (Sold on 17 Sep 2024)
- The first recorded sale happened at this postcode is , 192 WATLING STREET: £88,000 (Sold on 24 Feb 1995)
Other
- The average price is around £794,857 median price is £475,000 Standard Deviation is £826,068 with Total Sold: 7
- The Last 5 Year average price is £371,667 with Total Sold: 3
- The most recent sale happened at this postcode is , 41 BRAMLEY RISE: £375,000 (Sold on 17 Jun 2024)
- The first recorded sale happened at this postcode is , 166 REDE COURT ROAD: £602,000 (Sold on 09 Dec 2016)
Terraced
- The average price is around £166,538 median price is £160,250 Standard Deviation is £86,695 with Total Sold: 472
- The Last 5 Year average price is £293,801 with Total Sold: 74
- The most recent sale happened at this postcode is , 60 RIVER DRIVE: £310,000 (Sold on 14 Jun 2024)
- The first recorded sale happened at this postcode is , 31 HARVEL AVENUE: £46,000 (Sold on 31 Mar 1995)
Detached
- The average price is around £273,314 median price is £249,995 Standard Deviation is £133,222 with Total Sold: 285
- The Last 5 Year average price is £455,635 with Total Sold: 48
- 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 , 9 CLINTON AVENUE: £91,000 (Sold on 20 Apr 1995)
Flat
- The average price is around £151,700 median price is £132,500 Standard Deviation is £88,134 with Total Sold: 5
- The Last 5 Year average price is £198,750 with Total Sold: 2
- The most recent sale happened at this postcode is FLAT, 5A THE PARADE: £132,500 (Sold on 26 Feb 2021)
- The first recorded sale happened at this postcode is FLAT, 5A THE PARADE: £36,000 (Sold on 17 Dec 1999)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£330,833	£5,164	15
2023	£364,104	£4,218	24
2022	£331,748	£4,158	26
2021	£306,700	£3,833	40
2020	£309,714	£3,592	21
2019	£275,486	£3,334	36
2018	£285,519	£3,514	27
2017	£280,786	£3,588	28
2016	£286,806	£3,076	31
2015	£234,359	£2,752	32
2014	£227,750	£2,653	18
2013	£194,045	£2,469	22
2012	£169,658	£2,008	30
2011	£153,353	£1,790	17
2010	£170,970	£2,143	20
2009	£146,175	£1,823	16
2008	£181,739	£2,082	23
2007	£191,965	£2,216	44
2006	£166,706	£2,034	39
2005	£171,129	£1,958	29
2004	£169,823	£1,941	34
2003	£154,155	£1,779	32
2002	£127,888	£1,423	39
2001	£106,036	£1,169	39
2000	£97,165	£1,057	36
1999	£71,325	£837	35
1998	£71,971	£835	36
1997	£59,346	£690	31
1996	£60,561	£728	41
1995	£59,181	£641	30

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£375,000		1
2020	£475,000	£3,740	1
2019	£265,000	£3,155	1
2018	£2,800,000		1
2017	£445,000	£7,417	1
2016	£602,000	£3,420	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£278,750	£4,312	4
2023	£300,938	£3,886	8
2022	£317,762	£3,958	13
2021	£302,104	£3,621	24
2020	£291,739	£3,636	14
2019	£250,273	£3,663	11
2018	£273,821	£3,245	14
2017	£242,000	£3,052	13
2016	£239,188	£3,119	16
2015	£204,857	£2,475	23
2014	£173,909	£2,266	22
2013	£169,028	£2,120	18
2012	£151,286	£1,880	14
2011	£164,950	£1,915	12
2010	£146,083	£2,023	9
2009	£167,045	£2,025	11
2008	£159,125	£1,982	14
2007	£158,192	£2,038	33
2006	£154,048	£1,915	12
2005	£162,292	£2,005	12
2004	£157,358	£1,725	32
2003	£138,336	£1,689	17
2002	£100,740	£1,315	17
2001	£89,146	£950	17
2000	£79,310	£1,031	18
1999	£53,319	£793	18
1998	£50,468	£701	21
1997	£63,561	£694	12
1996	£53,899	£588	15
1995	£43,812	£519	8

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£377,500		2
2023	£565,333	£4,189	3
2022	£486,154	£4,657	13
2021	£425,346	£3,955	13
2020	£420,833	£3,825	12
2019	£504,000	£3,663	5
2018	£381,750	£4,103	6
2017	£405,167	£3,529	12
2016	£352,948	£3,548	17
2015	£302,571	£2,696	14
2014	£321,556	£2,580	9
2013	£264,884	£2,508	13
2012	£278,083	£2,667	6
2011	£255,700	£2,605	10
2010	£276,249	£2,551	10
2009	£217,062	£2,219	8
2008	£249,928	£2,482	7
2007	£290,250	£2,734	12
2006	£278,125	£1,919	8
2005	£244,500	£2,235	5
2004	£233,873	£2,331	12
2003	£217,332	£2,003	9
2002	£191,500	£1,594	8
2001	£165,249	£1,510	14
2000	£144,000	£1,300	13
1999	£130,937	£1,454	8
1998	£95,611	£1,080	9
1997	£91,636	£787	11
1996	£89,000	£841	8
1995	£98,188	£1,021	8

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£132,500		1
2020	£265,000	£3,011	1
2018	£240,000	£2,759	1
2003	£85,000		1
1999	£36,000		1

House Type in ME2 3TS area

The most common house types in the ME2 3TS postcode area are Semi-detached (70), Detached (45), and Terraced (2).

Total	118
Semi-detached	70
Detached	45
Terraced	2
temporary structure	1
Flat	0
Shared house	0
converted building	0
commercial building	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (69), and Owned: Owns with a mortgage or loan (39).

Owned: Owns outright	69
Owned: Owns with a mortgage or loan	39
Private rented: Private landlord or letting agency	9
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the ME2 3TS have 2 people in household (43), and 4 people in household (23).

2 people in household	43
4 people in household	23
3 people in household	22
1 person in household	14
5 people in household	11
6 people in household	2
7 people in household	2
0 people in household	0
8 or more people in household	0