Housing Market Analysis for MILLER WAY, ME2 4LS

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £121,500 median price is £121,500 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 27 MILLER WAY: £121,500 (Sold on 28 Jul 2017)
    • The first recorded sale happened at this postcode is 27 MILLER WAY: £121,500 (Sold on 28 Jul 2017)
  • Semi-Detached
    • The average price is around £123,558 median price is £118,175 Standard Deviation is £70,526 with Total Sold: 3
    • The most recent sale happened at this postcode is 5 MILLER WAY: £212,500 (Sold on 25 Sep 2014)
    • The first recorded sale happened at this postcode is 1 MILLER WAY: £40,000 (Sold on 18 Dec 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average ME2 4LS 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£121,500 £1,075 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£212,500 £4,620 1
2013£118,175 £2,569 1
1995£40,0001

All the Sales in the MILLER WAY, ME2 4LS

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

AddressSold DatePrice% Change
27 MILLER WAYTerraced, LeaseholdArea: 113 Sq.mtr28 Jul 2017£121,500First Sale
5 MILLER WAYSemi-Detached, FreeholdArea: 46 Sq.mtrAge: 1950-196625 Sep 2014£212,50079.82%
03 Sep 2013£118,175First Sale
1 MILLER WAYSemi-Detached, Freehold18 Dec 1995£40,000First Sale

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

MILLER WAY, ME2 4LS Near By properties

Interactive Map

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

  • Detached
    • The average price is around £299,575 median price is £285,000 Standard Deviation is £142,972 with Total Sold: 373
    • The Last 5 Year average price is £501,246 with Total Sold: 59
    • 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)
  • Other
    • The average price is around £426,028 median price is £350,000 Standard Deviation is £221,157 with Total Sold: 7
    • The Last 5 Year average price is £403,700 with Total Sold: 6
    • The most recent sale happened at this postcode is 1, SCOTNEY HOUSE CYPRESS COURT: £185,000 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is , 1 HOLLYWOOD LANE: £560,000 (Sold on 22 Sep 2014)
  • Terraced
    • The average price is around £170,847 median price is £165,000 Standard Deviation is £85,061 with Total Sold: 481
    • The Last 5 Year average price is £277,360 with Total Sold: 76
    • The most recent sale happened at this postcode is , 50 HILLTOP ROAD: £355,000 (Sold on 05 Aug 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 £200,178 median price is £187,500 Standard Deviation is £102,345 with Total Sold: 960
    • The Last 5 Year average price is £339,974 with Total Sold: 176
    • 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)
  • Flat
    • The average price is around £108,056 median price is £95,750 Standard Deviation is £61,404 with Total Sold: 186
    • The Last 5 Year average price is £164,500 with Total Sold: 34
    • 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 , 88 HILLTOP ROAD: £12,500 (Sold on 10 Jul 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£549,0717
2023£571,667 £4,405 12
2022£516,714 £4,358 7
2021£477,708 £3,798 12
2020£454,375 £3,816 12
2019£452,000 £3,962 9
2018£433,607 £3,514 14
2017£372,605 £2,950 11
2016£415,017 £3,299 15
2015£359,062 £3,072 8
2014£363,656 £2,855 16
2013£294,439 £2,703 9
2012£324,250 £2,348 6
2011£293,889 £2,139 9
2010£299,153 £2,512 13
2009£307,438 £2,293 8
2008£309,750 £2,942 4
2007£289,650 £2,355 10
2006£320,357 £2,633 7
2005£312,750 £2,258 12
2004£284,066 £2,240 15
2003£263,989 £2,074 25
2002£230,729 £1,693 15
2001£233,251 £1,689 37
2000£138,398 £1,229 20
1999£123,878 £910 9
1998£135,488 £1,129 32
1997£128,500 £900 8
1996£99,250 £800 6
1995£113,725 £927 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£267,5002
2023£302,200 £4,140 1
2021£399,999 £4,082 1
2020£592,500 £3,608 2
2014£560,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£261,0005
2023£326,907 £3,889 9
2022£305,189 £4,213 9
2021£266,763 £3,552 19
2020£278,531 £3,258 16
2019£253,361 £3,240 18
2018£260,583 £3,431 18
2017£224,154 £2,754 13
2016£222,330 £2,952 13
2015£241,327 £2,759 49
2014£198,323 £2,477 34
2013£162,417 £2,029 6
2012£149,375 £2,102 4
2011£132,679 £1,839 14
2010£138,999 £1,920 9
2009£149,950 £2,247 10
2008£173,227 £2,184 11
2007£173,144 £2,222 17
2006£160,607 £2,252 25
2005£163,032 £2,168 15
2004£149,923 £2,028 17
2003£122,177 £1,486 18
2002£103,948 £1,515 20
2001£83,686 £1,124 24
2000£92,320 £1,265 22
1999£56,305 £759 11
1998£64,572 £928 24
1997£61,288 £855 13
1996£39,856 £548 7
1995£39,499 £442 11
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£387,0426
2023£355,843 £4,237 35
2022£375,159 £4,366 33
2021£348,573 £3,809 34
2020£309,452 £3,555 31
2019£303,622 £3,695 37
2018£320,347 £3,610 36
2017£300,562 £3,920 24
2016£278,473 £3,568 37
2015£249,920 £2,911 44
2014£211,111 £2,742 45
2013£194,242 £2,335 30
2012£180,413 £2,079 23
2011£178,867 £2,170 15
2010£203,326 £2,121 15
2009£179,500 £2,104 25
2008£202,222 £2,339 24
2007£200,011 £2,181 45
2006£192,005 £2,377 39
2005£188,871 £2,242 31
2004£179,839 £1,982 25
2003£156,390 £1,834 32
2002£132,185 £1,674 43
2001£105,684 £1,262 36
2000£102,778 £1,374 42
1999£84,638 £945 38
1998£72,641 £968 43
1997£70,177 £867 31
1996£61,096 £703 26
1995£56,743 £746 35
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£143,7502
2023£164,583 £3,041 6
2022£222,833 £3,301 6
2021£169,600 £3,120 10
2020£159,200 £2,666 5
2019£97,800 £2,042 5
2018£169,312 £3,103 8
2017£182,778 £3,021 9
2016£141,250 £2,658 6
2015£164,469 £2,746 16
2014£144,000 £2,435 10
2013£79,800 £1,726 5
2012£85,500 £1,424 2
2010£106,750 £1,642 2
2009£65,667 £1,044 3
2007£108,874 £2,043 4
2006£97,610 £1,831 13
2005£86,500 £1,817 5
2004£84,000 £1,630 9
2003£76,350 £1,448 10
2002£53,349 £949 10
2001£51,838 £989 9
2000£35,250 £579 2
1999£36,166 £745 6
1998£28,750 £586 4
1997£31,875 £619 8
1996£26,850 £505 7
1995£26,125 £508 4

House Type in ME2 4LS area

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

Total86
Semi-detached35
Flat26
Terraced17
Detached7
Shared house1
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 (32), and Owned: Owns outright (18).

Social rented: Other social rented32
Owned: Owns outright18
Owned: Owns with a mortgage or loan13
Social rented: Rents from council or Local Authority9
Shared ownership: Shared ownership8
Private rented: Private landlord or letting agency6
Private rented: Other private rented1
Does not apply0
Lives rent free0

Number of People in a Household

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

1 person in household29
2 people in household25
4 people in household14
3 people in household12
5 people in household2
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0