Housing Market Analysis for ME2 4LU

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    ME2 4LU Near By properties

    Interactive Map

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

    • Other
      • The average price is around £338,455 median price is £200,000 Standard Deviation is £553,447 with Total Sold: 109
      • The Last 5 Year average price is £296,082 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 £155,796 median price is £146,995 Standard Deviation is £32,540 with Total Sold: 58
      • The Last 5 Year average price is £209,500 with Total Sold: 6
      • 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 , UNIT 40 RIVERSIDE ESTATE: £95,000 (Sold on 21 Jun 2000)
    • Terraced
      • The average price is around £178,310 median price is £165,000 Standard Deviation is £59,995 with Total Sold: 41
      • The Last 5 Year average price is £267,278 with Total Sold: 9
      • 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£451,1119
    2021£234,8166
    2020£242,37512
    2019£348,3128
    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£212,000 £2,989 1
    2021£220,000 £2,347 3
    2019£185,000 £2,643 1
    2018£192,500 £1,954 2
    2017£200,000 £2,817 1
    2016£199,333 £2,264 3
    2015£177,500 £1,937 2
    2013£154,000 £1,510 1
    2011£145,000 £2,071 1
    2009£143,000 £2,040 2
    2007£181,000 £1,523 2
    2006£144,286 £2,090 7
    2005£146,000 £1,736 2
    2004£121,250 £2,007 2
    2003£146,995 £2,162 1
    2002£142,611 £1,941 24
    2001£85,0001
    2000£95,0001
    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£232,5001
    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 4LU area

    The most common house types in the ME2 4LU 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 4LU 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