Housing Market Analysis for ME2 4LE

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average ME2 4LE 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 4LE

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

    AddressSold DatePrice% Change

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

    ME2 4LE Near By properties

    Interactive Map

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

    • Other
      • The average price is around £335,932 median price is £200,000 Standard Deviation is £552,533 with Total Sold: 109
      • The Last 5 Year average price is £289,832 with Total Sold: 44
      • The most recent sale happened at this postcode is , UNIT 25 RIVERSIDE ESTATE: £240,000 (Sold on 14 Aug 2024)
      • The first recorded sale happened at this postcode is , UNIT 7 HENLEY BUSINESS PARK: £1,999 (Sold on 18 Feb 2005)
    • Flat
      • The average price is around £134,867 median price is £142,000 Standard Deviation is £49,495 with Total Sold: 89
      • The Last 5 Year average price is £185,900 with Total Sold: 10
      • The most recent sale happened at this postcode is 33, COMMISSIONERS COURT NEW STAIRS: £200,000 (Sold on 06 Jun 2024)
      • The first recorded sale happened at this postcode is , 10 ADMIRALTY GATE: £21,250 (Sold on 24 Nov 1995)
    • Terraced
      • The average price is around £214,967 median price is £180,500 Standard Deviation is £89,781 with Total Sold: 54
      • The Last 5 Year average price is £304,682 with Total Sold: 22
      • The most recent sale happened at this postcode is 6, COMMISSIONERS COURT NEW STAIRS: £270,000 (Sold on 27 Feb 2024)
      • The first recorded sale happened at this postcode is 1, COMMISSIONERS COURT NEW STAIRS: £129,995 (Sold on 08 Feb 2002)
    • Semi-Detached
      • The average price is around £173,148 median price is £126,995 Standard Deviation is £86,336 with Total Sold: 10
      • The most recent sale happened at this postcode is , 4 CLIPPER COURT: £391,000 (Sold on 16 Jan 2009)
      • The first recorded sale happened at this postcode is 8, COMMISSIONERS COURT NEW STAIRS: £126,995 (Sold on 31 May 2002)
    • Detached
      • The average price is around £209,300 median price is £187,500 Standard Deviation is £69,821 with Total Sold: 5
      • The most recent sale happened at this postcode is , UNIT 63 RIVERSIDE ESTATE: £187,500 (Sold on 27 Apr 2006)
      • The first recorded sale happened at this postcode is , UNIT 12 CENTRAL BUSINESS PARK: £115,000 (Sold on 30 Sep 2002)

    Sold Price Trend Over the Years:

    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£219,3744
    2023£197,2405
    2022£446,00010
    2021£234,8166
    2020£242,37512
    2019£301,6437
    2018£307,08817
    2017£756,52215
    2016£183,71414
    2015£335,00011
    2014£104,0005
    2013£258,3322
    2005£1,9991
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£200,0001
    2022£157,250 £2,255 4
    2021£220,000 £2,347 3
    2020£185,000 £2,681 1
    2019£185,000 £2,643 1
    2018£192,500 £1,954 2
    2017£160,000 £2,346 2
    2016£178,250 £2,134 4
    2015£177,500 £1,937 2
    2014£130,000 £1,831 1
    2013£132,000 £1,535 2
    2011£120,000 £1,705 2
    2009£143,000 £2,040 2
    2008£147,500 £2,107 1
    2007£157,749 £1,748 4
    2006£140,229 £2,007 12
    2005£119,333 £1,486 3
    2004£117,500 £1,778 3
    2003£121,498 £1,762 2
    2002£138,587 £1,884 25
    2001£78,500 £1,060 3
    2000£50,498 £527 3
    1999£31,667 £442 3
    1998£21,500 £321 1
    1997£47,000 £662 1
    1995£21,250 £308 1
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£270,0001
    2023£315,000 £5,845 3
    2022£244,000 £5,967 2
    2021£235,000 £3,615 1
    2020£235,000 £3,561 1
    2019£323,571 £2,850 14
    2017£175,000 £2,652 1
    2016£195,995 £6,133 1
    2015£188,625 £3,654 4
    2013£146,333 £2,315 3
    2012£160,000 £4,935 1
    2011£160,000 £4,935 1
    2010£181,000 £5,569 1
    2007£173,667 £2,597 3
    2006£168,000 £5,182 1
    2005£152,500 £4,537 2
    2004£180,000 £2,727 1
    2003£160,000 £2,424 1
    2002£125,477 £2,358 12
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2009£391,0001
    2008£185,0002
    2004£225,0001
    2003£100,0001
    2002£129,096 £2,566 5
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2006£187,5001
    2005£299,0001
    2004£280,0001
    2003£165,0001
    2002£115,0001

    House Type in ME2 4LE area

    The most common house types in the ME2 4LE postcode area are Semi-detached (110), Detached (14), and Terraced (2).

    Total131
    Semi-detached110
    Detached14
    Terraced2
    Shared house2
    converted building2
    Flat1
    commercial building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Owned: Owns outright (61), and Owned: Owns with a mortgage or loan (52).

    Owned: Owns outright61
    Owned: Owns with a mortgage or loan52
    Private rented: Private landlord or letting agency14
    Social rented: Other social rented2
    Private rented: Other private rented2
    Does not apply0
    Shared ownership: Shared ownership0
    Social rented: Rents from council or Local Authority0
    Lives rent free0

    Number of People in a Household

    The most houses in the ME2 4LE have 2 people in household (43), and 3 people in household (33).

    2 people in household43
    3 people in household33
    1 person in household24
    4 people in household22
    5 people in household9
    0 people in household0
    6 people in household0
    7 people in household0
    8 or more people in household0