Housing Market Analysis for GROVE ROAD, ME2 4BY

Are you looking to understand ME2 4BY 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 4BY area, explore the ME2 4BY Area information page.
For comprehensive crime statistics in the ME2 4BY area, explore the ME2 4BY Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME2 4BY postcode area, The average prices are as follows,

Other
- The average price is around £238,000 median price is £250,000 Standard Deviation is £54,699 with Total Sold: 4
- The Last 5 Year average price is £238,000 with Total Sold: 4
- The most recent sale happened at this postcode is 56 GROVE ROAD: £210,000 (Sold on 29 Jun 2021)
- The first recorded sale happened at this postcode is 64 GROVE ROAD: £290,000 (Sold on 28 Feb 2020)
Terraced
- The average price is around £123,620 median price is £112,500 Standard Deviation is £55,855 with Total Sold: 30
- The Last 5 Year average price is £190,000 with Total Sold: 3
- The most recent sale happened at this postcode is 94 GROVE ROAD: £200,000 (Sold on 12 Jan 2021)
- The first recorded sale happened at this postcode is 54 GROVE ROAD: £210,000 (Sold on 01 Mar 2024)
Semi-Detached
- The average price is around £129,167 median price is £107,500 Standard Deviation is £91,112 with Total Sold: 3
- The most recent sale happened at this postcode is 59A GROVE ROAD: £250,000 (Sold on 16 May 2014)
- The first recorded sale happened at this postcode is 98 GROVE ROAD: £30,000 (Sold on 16 Apr 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average ME2 4BY 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: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£186,000	£4,715	2
2020	£290,000		2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£200,000	£2,985	1
2019	£160,000	£2,388	1
2018	£196,000	£2,293	2
2017	£237,500	£2,827	1
2016	£175,000	£2,081	1
2015	£182,500	£2,173	1
2014	£107,833	£1,319	3
2012	£185,000	£1,240	1
2011	£145,000	£1,405	2
2009	£105,000	£1,369	1
2008	£127,500	£1,533	1
2006	£135,000	£2,015	1
2005	£108,333	£1,863	3
2003	£104,000	£1,422	2
2002	£92,550	£1,252	2
2000	£52,000	£678	1
1999	£42,998	£780	2
1998	£45,500	£599	1
1997	£36,000	£507	1
1996	£48,000	£390	1
2024	£210,000	£2,658	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2014	£250,000	£2,427	1
2003	£107,500	£977	1
1996	£30,000		1

All the Sales in the GROVE ROAD, ME2 4BY

See the table below for more details on the sold house prices in the ME2 4BY, Medway postcode.

Address	Sold Date	Price	% Change
56 GROVE ROADOther, FreeholdArea: 39.45 Sq.mtrAge: 1900-1929	29 Jun 2021	£210,000	29.63%
	21 Apr 2021	£162,000	47.27%
	16 Sep 2005	£110,000	175.00%
	23 Dec 1999	£40,000	First Sale
94 GROVE ROADTerraced, FreeholdArea: 67 Sq.mtrAge: before 1900	12 Jan 2021	£200,000	25.00%
	06 Dec 2019	£160,000	18.52%
	08 Sep 2006	£135,000	45.16%
	01 Dec 2003	£93,000	First Sale
58 GROVE ROADOther, Freehold	28 Feb 2020	£290,000	First Sale
64 GROVE ROADOther, Freehold	28 Feb 2020	£290,000	First Sale
86 GROVE ROADTerraced, FreeholdArea: 76.7 Sq.mtrAge: 1900-1929	12 Nov 2018	£192,000	82.86%
	25 Sep 2009	£105,000	101.92%
	17 Nov 2000	£52,000	First Sale
55 GROVE ROADTerraced, FreeholdArea: 96 Sq.mtrAge: before 1900	20 Jul 2018	£200,000	First Sale
53 GROVE ROADTerraced, FreeholdArea: 84 Sq.mtrAge: 1900-1929	05 Oct 2017	£237,500	30.14%
	29 Jan 2015	£182,500	42.58%
	22 Apr 2014	£128,000	16.36%
	22 Apr 2014	£110,000	First Sale
82 GROVE ROADTerraced, FreeholdArea: 84.08 Sq.mtrAge: before 1900	08 Apr 2016	£175,000	45.83%
	17 Jun 2011	£120,000	-5.88%
	29 May 2008	£127,500	15.91%
	06 Jun 2005	£110,000	139.16%
	04 Aug 1999	£45,995	First Sale
59A GROVE ROADSemi-Detached, FreeholdArea: 103 Sq.mtrAge: 1900-1929	16 May 2014	£250,000	First Sale
84 GROVE ROADTerraced, FreeholdArea: 76 Sq.mtrAge: 1900-1929	28 Jan 2014	£85,500	-6.56%
	11 Oct 2002	£91,500	101.10%
	24 Apr 1998	£45,500	First Sale
49 GROVE ROADTerraced, FreeholdArea: 149.22 Sq.mtrAge: 1900-1929	31 May 2012	£185,000	First Sale
51 GROVE ROADTerraced, FreeholdArea: 123 Sq.mtrAge: 1930-1949	18 Aug 2011	£170,000	254.17%
	15 Oct 1996	£48,000	First Sale
90 GROVE ROADTerraced, FreeholdArea: 71 Sq.mtrAge: 1900-1929	27 May 2005	£105,000	191.67%
	09 May 1997	£36,000	First Sale
57 GROVE ROADSemi-Detached, FreeholdArea: 110 Sq.mtrAge: 1900-1929	12 Aug 2003	£107,500	First Sale
54 GROVE ROADTerraced, FreeholdArea: 79 Sq.mtrAge: before 1900	12 Feb 2003	£115,000	-45.24%
	01 Mar 2024	£210,000	First Sale
88 GROVE ROADTerraced, FreeholdArea: 72 Sq.mtrAge: before 1900	14 Nov 2002	£93,600	First Sale
98 GROVE ROADSemi-Detached, Freehold	16 Apr 1996	£30,000	First Sale

Check out the sold house prices near the ME2 4BY postcode. Properties currently for saleProperties currently for rent

GROVE ROAD, ME2 4BY Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME2 4BY 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 4BY postcode.

Terraced
- The average price is around £124,624 median price is £116,600 Standard Deviation is £83,421 with Total Sold: 1,839
- The Last 5 Year average price is £235,660 with Total Sold: 247
- 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 , 13 MAYFAIR: £34,500 (Sold on 08 Feb 1995)
Other
- The average price is around £424,400 median price is £250,000 Standard Deviation is £481,933 with Total Sold: 63
- The Last 5 Year average price is £439,550 with Total Sold: 35
- 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 £235,198 median price is £204,000 Standard Deviation is £160,141 with Total Sold: 150
- The Last 5 Year average price is £405,292 with Total Sold: 24
- 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 £166,988 median price is £144,950 Standard Deviation is £103,787 with Total Sold: 337
- The Last 5 Year average price is £300,888 with Total Sold: 49
- 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 , 12 BURGESS ROAD: £30,000 (Sold on 20 Jan 1995)
Flat
- The average price is around £100,539 median price is £98,498 Standard Deviation is £52,894 with Total Sold: 340
- The Last 5 Year average price is £152,433 with Total Sold: 71
- 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	£219,357	£2,654	28
2023	£281,256	£3,277	37
2022	£257,973	£3,315	46
2021	£220,781	£2,970	72
2020	£239,968	£2,742	31
2019	£195,682	£2,629	33
2018	£213,156	£2,824	59
2017	£208,713	£2,659	67
2016	£185,626	£2,431	69
2015	£161,026	£2,177	61
2014	£150,035	£1,976	49
2013	£126,246	£1,740	55
2012	£118,310	£1,504	45
2011	£120,614	£1,473	44
2010	£122,593	£1,578	36
2009	£116,640	£1,463	25
2008	£130,344	£1,732	32
2007	£142,115	£1,821	86
2006	£124,150	£1,675	73
2005	£125,847	£1,620	64
2004	£116,098	£1,505	87
2003	£100,783	£1,337	104
2002	£83,139	£1,096	97
2001	£67,194	£882	110
2000	£56,695	£735	103
1999	£51,093	£680	95
1998	£47,130	£601	84
1997	£37,561	£498	61
1996	£37,397	£482	44
1995	£33,150	£465	42

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£962,500		2
2023	£666,750		5
2022	£958,750		4
2021	£220,071	£3,486	7
2020	£203,812	£36	8
2019	£346,611	£2,684	9
2018	£239,000	£1,899	6
2017	£536,950	£3,537	10
2016	£308,125		4
2015	£675,699		4
2014	£175,000	£1,550	3
2011	£89,180		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£295,000		2
2023	£305,000	£2,440	1
2022	£600,000	£3,261	1
2021	£444,250	£3,817	6
2020	£386,833	£3,754	6
2019	£405,688	£3,354	8
2018	£430,000	£4,300	1
2017	£414,599	£2,877	5
2016	£349,350	£3,193	2
2015	£239,167	£2,431	6
2014	£239,333	£2,486	3
2013	£191,000	£2,077	3
2012	£220,000	£2,001	2
2011	£234,199	£1,575	5
2010	£180,000		1
2008	£234,997	£2,027	3
2007	£245,401	£2,262	9
2006	£238,286	£1,857	7
2005	£180,000	£1,363	6
2004	£229,500	£2,162	5
2003	£333,899	£2,013	10
2002	£234,285	£1,393	7
2001	£132,071	£1,176	7
2000	£137,999	£1,110	6
1999	£114,167	£868	6
1998	£120,650	£1,091	13
1997	£105,722	£878	9
1996	£119,742	£633	6
1995	£92,500	£691	4

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£285,700	£3,887	5
2023	£321,000	£3,509	6
2022	£333,333	£3,958	6
2021	£315,033	£3,672	15
2020	£294,750	£2,857	8
2019	£256,167	£2,809	9
2018	£331,875	£2,735	8
2017	£296,538	£2,718	13
2016	£282,905	£2,739	10
2015	£264,856	£2,846	7
2014	£220,050	£1,902	5
2013	£179,850	£2,003	10
2012	£146,333	£2,493	3
2011	£148,750	£2,767	2
2010	£128,278	£1,876	6
2009	£141,750	£1,746	6
2008	£197,126	£2,124	10
2007	£187,882	£2,089	17
2006	£137,800	£1,676	10
2005	£181,666	£1,878	12
2004	£164,166	£1,640	18
2003	£135,880	£1,701	26
2002	£139,054	£1,309	18
2001	£109,443	£1,309	9
2000	£98,150	£585	10
1999	£80,836	£827	18
1998	£70,438	£721	17
1997	£60,053	£574	18
1996	£51,864	£560	22
1995	£40,615	£421	13

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£145,500		2
2023	£163,864	£3,796	11
2022	£153,000	£2,688	29
2021	£157,578	£2,746	16
2020	£110,400	£2,840	5
2019	£152,375	£3,107	8
2018	£139,000	£3,284	8
2017	£178,429	£4,248	7
2016	£137,800	£2,399	12
2015	£104,062	£2,491	16
2014	£111,279	£1,957	38
2013	£108,659	£1,897	16
2012	£51,000	£1,573	1
2011	£99,900	£2,135	5
2010	£96,500	£2,311	6
2009	£98,667	£2,250	6
2008	£101,083	£2,035	6
2007	£102,684	£2,403	23
2006	£83,800	£1,985	15
2005	£79,227	£2,006	11
2004	£85,061	£2,091	16
2003	£76,181	£1,530	11
2002	£71,082	£1,715	9
2001	£45,460	£1,031	13
2000	£36,758	£932	23
1999	£25,298	£473	10
1998	£22,944	£561	9
1997	£23,750	£565	1
1996	£20,375	£401	4
1995	£18,600	£441	3

House Type in ME2 4BY area

The most common house types in the ME2 4BY postcode area are Terraced (60), Flat (60), and Shared house (35).

Total	210
Terraced	60
Flat	60
Shared house	35
Semi-detached	20
commercial building	14
temporary structure	11
Detached	7
converted building	3

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (102), and Owned: Owns outright (35).

Private rented: Private landlord or letting agency	102
Owned: Owns outright	35
Social rented: Other social rented	34
Owned: Owns with a mortgage or loan	27
Private rented: Other private rented	10
Shared ownership: Shared ownership	2
Social rented: Rents from council or Local Authority	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the ME2 4BY have 1 person in household (84), and 2 people in household (62).

1 person in household	84
2 people in household	62
4 people in household	27
3 people in household	24
5 people in household	7
7 people in household	5
6 people in household	3
0 people in household	0
8 or more people in household	0