Housing Market Analysis for HUGHES DRIVE, ME2 4LN

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

Overview of Sold House prices

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

Terraced
- The average price is around £304,250 median price is £315,000 Standard Deviation is £78,024 with Total Sold: 8
- The Last 5 Year average price is £382,500 with Total Sold: 2
- The most recent sale happened at this postcode is 38 HUGHES DRIVE: £440,000 (Sold on 06 Feb 2023)
- The first recorded sale happened at this postcode is 13A HUGHES DRIVE: £239,000 (Sold on 18 Oct 2007)
Semi-Detached
- The average price is around £186,942 median price is £185,000 Standard Deviation is £90,010 with Total Sold: 13
- The Last 5 Year average price is £298,750 with Total Sold: 4
- The most recent sale happened at this postcode is 13 HUGHES DRIVE: £330,000 (Sold on 17 Sep 2021)
- The first recorded sale happened at this postcode is 17 HUGHES DRIVE: £58,000 (Sold on 21 Nov 1997)
Detached
- The average price is around £215,500 median price is £215,500 Standard Deviation is £70,500 with Total Sold: 2
- The most recent sale happened at this postcode is 31 HUGHES DRIVE: £286,000 (Sold on 07 Apr 2017)
- The first recorded sale happened at this postcode is 31 HUGHES DRIVE: £145,000 (Sold on 21 Feb 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average ME2 4LN 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£440,000	£3,077	1
2019	£325,000	£2,273	1
2018	£305,000	£2,421	1
2017	£340,000	£3,542	1
2016	£250,000	£2,140	2
2015	£285,000	£2,969	1
2007	£239,000	£1,943	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£330,000	£3,084	1
2020	£297,500	£3,222	2
2019	£270,000	£3,253	1
2014	£210,000	£2,530	1
2012	£215,000	£2,009	1
2007	£173,500	£1,668	1
2006	£151,000	£1,411	1
2005	£185,000	£1,729	1
2001	£80,000	£524	2
1999	£82,750	£632	1
1997	£58,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£286,000	£2,918	1
2003	£145,000	£1,480	1

All the Sales in the HUGHES DRIVE, ME2 4LN

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

Address	Sold Date	Price	% Change
38 HUGHES DRIVETerraced, FreeholdArea: 143 Sq.mtrAge: 1900-1929	06 Feb 2023	£440,000	35.38%
	19 Dec 2019	£325,000	-5.80%
	28 Jul 2016	£345,000	360.00%
	20 Feb 2001	£75,000	First Sale
13 HUGHES DRIVESemi-Detached, FreeholdArea: 107 Sq.mtrAge: 1950-1966	17 Sep 2021	£330,000	53.49%
	09 Nov 2012	£215,000	42.38%
	21 Dec 2006	£151,000	-18.38%
	02 Nov 2005	£185,000	First Sale
21 HUGHES DRIVESemi-Detached, FreeholdArea: 103 Sq.mtrAge: 1930-1949	10 Sep 2020	£310,000	First Sale
23 HUGHES DRIVESemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1950-1966	14 Feb 2020	£285,000	35.71%
	25 Jul 2014	£210,000	First Sale
25 HUGHES DRIVESemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1950-1966	23 May 2019	£270,000	First Sale
39 HUGHES DRIVETerraced, FreeholdArea: 126 Sq.mtrAge: 1930-1949	10 Jul 2018	£305,000	First Sale
31 HUGHES DRIVEDetached, FreeholdArea: 98 Sq.mtrAge: 1950-1966	07 Apr 2017	£286,000	97.24%
	21 Feb 2003	£145,000	First Sale
36A HUGHES DRIVETerraced, FreeholdArea: 96 Sq.mtr	03 Feb 2017	£340,000	19.30%
36A HUGHES DRIVETerraced, FreeholdArea: 96 Sq.mtr	01 Oct 2015	£285,000	First Sale
36 HUGHES DRIVETerraced, FreeholdArea: 83 Sq.mtrAge: 1950-1966	30 Sep 2016	£155,000	First Sale
13A HUGHES DRIVETerraced, FreeholdArea: 123 Sq.mtrAge: 2003-2006	18 Oct 2007	£239,000	First Sale
14 HUGHES DRIVESemi-Detached, FreeholdArea: 104 Sq.mtrAge: 1950-1966	18 Jan 2007	£173,500	First Sale
35 HUGHES DRIVESemi-Detached, Freehold	07 Mar 2001	£85,000	First Sale
28 HUGHES DRIVESemi-Detached, FreeholdArea: 131 Sq.mtrAge: 1950-1966	16 Jul 1999	£82,750	First Sale
17 HUGHES DRIVESemi-Detached, Freehold	21 Nov 1997	£58,000	First Sale

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

HUGHES DRIVE, ME2 4LN Near By properties

Interactive Map

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

Detached
- The average price is around £297,770 median price is £282,000 Standard Deviation is £141,563 with Total Sold: 364
- The Last 5 Year average price is £496,607 with Total Sold: 56
- The most recent sale happened at this postcode is , 25 WEAVERING CLOSE: £570,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 13 HIGHAM ROAD: £113,000 (Sold on 28 Jun 1995)
Terraced
- The average price is around £176,228 median price is £170,000 Standard Deviation is £85,147 with Total Sold: 477
- The Last 5 Year average price is £281,115 with Total Sold: 77
- The most recent sale happened at this postcode is , 89 WAINSCOTT ROAD: £140,000 (Sold on 26 Jul 2024)
- The first recorded sale happened at this postcode is , 75 HOLLY ROAD: £45,000 (Sold on 14 Feb 1995)
Semi-Detached
- The average price is around £202,375 median price is £190,000 Standard Deviation is £101,224 with Total Sold: 970
- The Last 5 Year average price is £338,963 with Total Sold: 178
- The most recent sale happened at this postcode is , 58 LINGLEY DRIVE: £415,000 (Sold on 16 Jul 2024)
- The first recorded sale happened at this postcode is , 2 FRITTENDEN ROAD: £70,000 (Sold on 06 Jan 1995)
Other
- The average price is around £552,500 median price is £480,000 Standard Deviation is £215,102 with Total Sold: 4
- The Last 5 Year average price is £550,000 with Total Sold: 3
- The most recent sale happened at this postcode is , 13 LINGLEY DRIVE: £350,000 (Sold on 08 May 2024)
- The first recorded sale happened at this postcode is , 1 HOLLYWOOD LANE: £560,000 (Sold on 22 Sep 2014)
Flat
- The average price is around £130,938 median price is £135,000 Standard Deviation is £64,078 with Total Sold: 145
- The Last 5 Year average price is £184,565 with Total Sold: 31
- The most recent sale happened at this postcode is FLAT 1, MEREWORTH HOUSE CYPRESS COURT: £105,000 (Sold on 22 Jun 2023)
- The first recorded sale happened at this postcode is , 88 HILLTOP ROAD: £12,500 (Sold on 10 Jul 1995)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£549,071		7
2023	£566,818	£4,471	11
2022	£536,167	£4,461	6
2021	£465,208	£3,622	12
2020	£449,346	£3,681	13
2019	£441,500	£4,174	7
2018	£441,577	£3,552	13
2017	£372,605	£2,950	11
2016	£424,304	£3,297	14
2015	£359,167	£3,142	9
2014	£365,607	£2,961	14
2013	£284,746	£2,669	12
2012	£306,812	£2,253	8
2011	£312,857	£2,162	7
2010	£299,153	£2,512	13
2009	£329,083	£2,364	6
2008	£309,750	£2,942	4
2007	£289,944	£2,355	9
2006	£320,357	£2,633	7
2005	£307,545	£2,258	11
2004	£284,066	£2,240	15
2003	£260,197	£2,044	24
2002	£227,246	£1,626	16
2001	£233,251	£1,689	37
2000	£138,398	£1,229	20
1999	£129,050	£892	8
1998	£135,488	£1,129	32
1997	£128,500	£900	8
1996	£108,900	£800	5
1995	£113,725	£927	5

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£210,000		3
2023	£325,469	£3,960	11
2022	£316,064	£4,220	11
2021	£271,053	£3,626	19
2020	£286,679	£3,391	14
2019	£252,395	£3,240	19
2018	£260,583	£3,431	18
2017	£221,846	£2,870	13
2016	£227,686	£2,975	15
2015	£242,911	£2,754	45
2014	£203,400	£2,551	35
2013	£195,023	£2,265	22
2012	£173,900	£2,269	10
2011	£131,864	£1,874	11
2010	£133,250	£1,975	8
2009	£152,286	£2,396	7
2008	£171,874	£2,181	8
2007	£172,718	£2,258	16
2006	£158,418	£2,288	22
2005	£164,677	£2,284	14
2004	£152,179	£2,058	15
2003	£122,177	£1,486	18
2002	£103,948	£1,515	20
2001	£85,703	£1,181	22
2000	£92,320	£1,265	22
1999	£57,285	£781	10
1998	£64,572	£928	24
1997	£61,613	£834	11
1996	£41,799	£557	5
1995	£38,611	£461	9

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£382,750		7
2023	£355,843	£4,237	35
2022	£373,602	£4,381	32
2021	£348,236	£3,763	36
2020	£307,750	£3,549	32
2019	£301,722	£3,621	36
2018	£316,250	£3,543	36
2017	£303,404	£3,869	26
2016	£279,577	£3,533	39
2015	£249,920	£2,911	44
2014	£212,469	£2,713	48
2013	£205,370	£2,276	44
2012	£187,860	£2,097	25
2011	£178,867	£2,170	15
2010	£203,326	£2,121	15
2009	£179,500	£2,104	25
2008	£202,101	£2,339	23
2007	£200,375	£2,181	44
2006	£191,926	£2,382	38
2005	£188,667	£2,054	27
2004	£179,839	£1,982	25
2003	£156,575	£1,842	33
2002	£131,194	£1,551	41
2001	£105,503	£1,275	37
2000	£101,919	£1,374	41
1999	£84,951	£952	36
1998	£72,641	£968	43
1997	£70,177	£867	31
1996	£61,021	£714	24
1995	£57,672	£711	32

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£350,000		1
2021	£399,999	£4,082	1
2020	£900,000		1
2014	£560,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£161,875	£2,926	4
2022	£227,375	£3,455	8
2021	£186,625	£3,333	8
2020	£176,500	£3,023	8
2019	£116,667	£2,299	3
2018	£191,250	£3,476	6
2017	£186,091	£3,022	11
2016	£145,667	£2,903	6
2015	£169,156	£2,803	16
2014	£152,500	£2,557	9
2013	£131,462	£2,313	13
2012	£97,000	£1,528	1
2010	£107,500	£1,654	1
2009	£74,000	£925	1
2007	£115,000	£1,765	1
2006	£101,888	£1,842	9
2005	£87,167	£1,808	3
2004	£96,000	£2,133	1
2003	£76,312	£1,516	8
2002	£55,748	£976	4
2001	£52,721	£1,056	7
1999	£41,749	£824	4
1998	£24,000	£667	1
1997	£32,286	£644	7
1996	£26,988	£535	4
1995	£12,500		1

House Type in ME2 4LN area

The most common house types in the ME2 4LN postcode area are Semi-detached (35), Flat (26), and Terraced (17).

Total	86
Semi-detached	35
Flat	26
Terraced	17
Detached	7
Shared house	1
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (32), and Owned: Owns outright (18).

Social rented: Other social rented	32
Owned: Owns outright	18
Owned: Owns with a mortgage or loan	13
Social rented: Rents from council or Local Authority	9
Shared ownership: Shared ownership	8
Private rented: Private landlord or letting agency	6
Private rented: Other private rented	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the ME2 4LN have 1 person in household (29), and 2 people in household (25).

1 person in household	29
2 people in household	25
4 people in household	14
3 people in household	12
5 people in household	2
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0