Housing Market Analysis for BANKS ROAD, ME2 4HD

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £241,000 median price is £205,000 Standard Deviation is £82,547 with Total Sold: 5
    • The most recent sale happened at this postcode is 30 BANKS ROAD: £310,000 (Sold on 23 Jan 2015)
    • The first recorded sale happened at this postcode is 28 BANKS ROAD: £150,000 (Sold on 02 Nov 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average ME2 4HD 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£310,000 £2,981 1
2007£365,0001
2002£205,0001
2001£175,0001
1998£150,0001

All the Sales in the BANKS ROAD, ME2 4HD

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

AddressSold DatePrice% Change
30 BANKS ROADDetached, FreeholdArea: 104 Sq.mtrAge: 1930-194923 Jan 2015£310,000First Sale
27 BANKS ROADDetached, Freehold28 Sep 2007£365,00078.05%
07 Aug 2002£205,00017.14%
09 Nov 2001£175,000First Sale
28 BANKS ROADDetached, Freehold02 Nov 1998£150,000First Sale

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

BANKS ROAD, ME2 4HD Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £131,225 median price is £121,000 Standard Deviation is £74,498 with Total Sold: 1,894
    • The Last 5 Year average price is £243,293 with Total Sold: 270
    • 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 , 28 COOLING ROAD: £44,000 (Sold on 10 Jan 1995)
  • Other
    • The average price is around £431,664 median price is £280,000 Standard Deviation is £461,843 with Total Sold: 27
    • The Last 5 Year average price is £486,291 with Total Sold: 17
    • 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 £246,110 median price is £224,998 Standard Deviation is £133,928 with Total Sold: 258
    • The Last 5 Year average price is £421,992 with Total Sold: 42
    • 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 £178,630 median price is £170,000 Standard Deviation is £102,119 with Total Sold: 697
    • The Last 5 Year average price is £321,119 with Total Sold: 111
    • 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 , 1 SHOLDEN ROAD: £56,000 (Sold on 13 Jan 1995)
  • Flat
    • The average price is around £87,375 median price is £86,000 Standard Deviation is £49,242 with Total Sold: 395
    • The Last 5 Year average price is £137,516 with Total Sold: 62
    • The most recent sale happened at this postcode is 5, TONBRIDGE HOUSE CYPRESS COURT: £162,500 (Sold on 26 Apr 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£245,697 £2,838 33
2023£253,708 £3,540 40
2022£278,703 £3,593 45
2021£243,468 £3,244 74
2020£219,211 £2,936 38
2019£213,612 £2,785 40
2018£219,020 £2,885 61
2017£218,584 £2,869 63
2016£189,647 £2,463 66
2015£172,258 £2,325 72
2014£155,772 £2,036 57
2013£136,542 £1,788 50
2012£126,125 £1,567 46
2011£124,489 £1,534 45
2010£128,704 £1,626 36
2009£127,500 £1,644 23
2008£147,300 £1,786 40
2007£145,714 £1,929 98
2006£130,121 £1,762 70
2005£127,179 £1,703 57
2004£127,972 £1,688 77
2003£107,421 £1,429 102
2002£86,333 £1,119 110
2001£69,973 £934 106
2000£60,613 £784 100
1999£53,885 £707 97
1998£49,470 £643 84
1997£40,600 £535 71
1996£38,575 £509 45
1995£37,669 £506 48
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£792,5002
2023£320,317 £4,140 3
2022£600,0001
2021£269,250 £4,649 4
2020£354,800 £3,608 5
2019£1,135,0002
2018£245,000 £3,117 2
2017£103,667 £3,537 3
2016£450,0001
2015£976,3982
2014£95,0001
2011£89,1801
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£313,3333
2023£403,250 £3,839 4
2022£568,333 £4,432 3
2021£428,929 £3,724 14
2020£425,646 £3,745 8
2019£405,550 £3,640 10
2018£379,094 £3,205 8
2017£417,333 £2,997 9
2016£353,856 £3,281 9
2015£254,091 £2,744 11
2014£293,725 £2,480 10
2013£256,667 £2,446 6
2012£206,000 £2,040 5
2011£226,571 £1,813 7
2010£191,500 £1,467 3
2009£200,400 £2,052 5
2008£234,997 £2,027 3
2007£236,146 £2,400 11
2006£287,625 £1,845 8
2005£194,500 £1,576 7
2004£206,437 £2,251 8
2003£242,332 £2,186 18
2002£216,636 £1,533 11
2001£130,500 £1,246 9
2000£137,999 £1,110 6
1999£111,083 £848 12
1998£123,232 £958 17
1997£114,850 £907 17
1996£113,369 £678 8
1995£85,375 £606 8
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£327,562 £3,824 12
2023£346,400 £3,747 15
2022£354,972 £4,190 18
2021£312,328 £3,665 29
2020£312,524 £3,249 21
2019£281,719 £3,267 16
2018£324,150 £3,213 20
2017£298,595 £3,049 21
2016£283,780 £3,128 18
2015£234,882 £2,728 26
2014£218,597 £2,368 18
2013£187,005 £2,094 21
2012£176,125 £2,127 8
2011£180,312 £2,109 8
2010£168,908 £2,104 12
2009£161,472 £1,836 18
2008£188,063 £2,028 15
2007£192,323 £2,123 40
2006£166,780 £2,034 25
2005£175,060 £2,346 25
2004£167,177 £1,807 31
2003£137,346 £1,685 38
2002£132,234 £1,588 38
2001£106,611 £1,193 27
2000£91,570 £1,029 24
1999£77,994 £853 32
1998£76,202 £824 22
1997£63,022 £682 34
1996£56,266 £608 31
1995£47,765 £604 34
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£143,7502
2023£134,078 £3,181 13
2022£144,458 £3,075 12
2021£148,562 £2,967 16
2020£137,333 £2,992 9
2019£114,900 £2,638 10
2018£134,545 £3,144 11
2017£167,727 £3,685 11
2016£118,318 £2,496 11
2015£111,250 £2,419 20
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£96,900 £2,375 5
2007£102,238 £2,207 22
2006£89,459 £1,935 26
2005£86,618 £2,009 17
2004£83,564 £1,932 23
2003£75,579 £1,518 19
2002£61,562 £1,241 20
2001£47,126 £1,077 20
2000£36,675 £932 24
1999£30,116 £677 15
1998£26,269 £605 13
1997£31,778 £610 9
1996£25,161 £515 9
1995£22,900 £481 7

House Type in ME2 4HD area

The most common house types in the ME2 4HD postcode area are Semi-detached (46), Terraced (41), and Flat (26).

Total121
Semi-detached46
Terraced41
Flat26
Detached8
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (34), and Owned: Owns with a mortgage or loan (32).

Social rented: Other social rented34
Owned: Owns with a mortgage or loan32
Owned: Owns outright27
Private rented: Private landlord or letting agency24
Social rented: Rents from council or Local Authority2
Shared ownership: Shared ownership1
Private rented: Other private rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the ME2 4HD have 1 person in household (47), and 2 people in household (38).

1 person in household47
2 people in household38
3 people in household19
4 people in household13
5 people in household7
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0