Housing Market Analysis for POVEY AVENUE, ME2 4LZ

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

Overview of Sold House prices

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

Terraced
- The average price is around £273,500 median price is £287,000 Standard Deviation is £73,955 with Total Sold: 6
- The Last 5 Year average price is £340,500 with Total Sold: 2
- The most recent sale happened at this postcode is 16 POVEY AVENUE: £390,000 (Sold on 31 May 2023)
- The first recorded sale happened at this postcode is 46 POVEY AVENUE: £183,500 (Sold on 08 Aug 2006)
Semi-Detached
- The average price is around £208,705 median price is £200,750 Standard Deviation is £90,305 with Total Sold: 34
- The Last 5 Year average price is £328,750 with Total Sold: 4
- The most recent sale happened at this postcode is 38 POVEY AVENUE: £395,000 (Sold on 12 May 2023)
- The first recorded sale happened at this postcode is 17 POVEY AVENUE: £63,000 (Sold on 27 Mar 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average ME2 4LZ 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	£390,000	£3,939	1
2019	£291,000	£3,031	1
2017	£283,000	£2,859	1
2016	£315,000	£2,838	1
2013	£178,500	£2,288	1
2006	£183,500	£2,353	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£395,000	£5,000	1
2022	£295,000	£4,041	1
2020	£380,000	£3,065	1
2019	£245,000	£3,603	1
2018	£310,000	£2,793	1
2017	£347,500	£3,570	2
2016	£260,000	£3,059	1
2015	£257,000	£3,142	4
2014	£260,500	£3,365	2
2011	£200,000	£2,281	1
2009	£168,000	£1,761	1
2008	£240,000		2
2007	£201,500		1
2006	£182,498	£2,255	2
2003	£145,832	£1,646	3
2002	£161,667	£1,583	3
2001	£134,995		1
1999	£102,498	£979	2
1998	£77,000	£878	1
1997	£85,000	£724	1
1996	£64,000	£862	2

All the Sales in the POVEY AVENUE, ME2 4LZ

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

Address	Sold Date	Price	% Change
16 POVEY AVENUETerraced, FreeholdArea: 99 Sq.mtrAge: 1950-1966	31 May 2023	£390,000	37.81%
	31 Mar 2017	£283,000	First Sale
38 POVEY AVENUESemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1950-1966	12 May 2023	£395,000	33.90%
	24 Aug 2017	£295,000	23.95%
	20 May 2015	£238,000	83.08%
	21 Feb 2003	£130,000	First Sale
24 POVEY AVENUESemi-Detached, FreeholdArea: 73 Sq.mtrAge: 1950-1966	26 Aug 2022	£295,000	First Sale
2 POVEY AVENUESemi-Detached, FreeholdArea: 124 Sq.mtrAge: 1950-1966	10 Mar 2020	£380,000	First Sale
18 POVEY AVENUETerraced, FreeholdArea: 96 Sq.mtrAge: 1930-1949	26 Jul 2019	£291,000	First Sale
34 POVEY AVENUESemi-Detached, FreeholdArea: 68 Sq.mtrAge: 1976-1982	15 Feb 2019	£245,000	First Sale
42 POVEY AVENUESemi-Detached, FreeholdArea: 111 Sq.mtrAge: 1950-1966	01 Jun 2018	£310,000	121.43%
	01 Nov 2002	£140,000	First Sale
19 POVEY AVENUESemi-Detached, FreeholdArea: 117.48 Sq.mtrAge: 1950-1966	11 Sep 2017	£400,000	105.13%
	27 Nov 2002	£195,000	69.57%
	22 Jun 1999	£115,000	35.29%
	30 May 1997	£85,000	First Sale
23 POVEY AVENUETerraced, FreeholdArea: 111 Sq.mtrAge: 1950-1966	05 Sep 2016	£315,000	First Sale
32 POVEY AVENUESemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1967-1975	02 Sep 2016	£260,000	First Sale
5 POVEY AVENUESemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1950-1966	31 Jul 2015	£255,000	8.05%
	21 Nov 2014	£236,000	57.33%
	01 Nov 2002	£150,000	First Sale
20 POVEY AVENUESemi-Detached, FreeholdArea: 91 Sq.mtrAge: 1930-1949	08 Jul 2015	£285,000	First Sale
7 POVEY AVENUESemi-Detached, FreeholdArea: 75.4 Sq.mtrAge: 1930-1949	30 Jan 2015	£250,000	284.62%
	14 Oct 1996	£65,000	First Sale
3 POVEY AVENUESemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1950-1966	25 Jul 2014	£285,000	72.73%
	24 Apr 2006	£165,000	First Sale
46 POVEY AVENUETerraced, FreeholdArea: 78 Sq.mtrAge: 1950-1966	25 Nov 2013	£178,500	-2.72%
	08 Aug 2006	£183,500	First Sale
9 POVEY AVENUESemi-Detached, FreeholdArea: 87.7 Sq.mtrAge: 1950-1966	16 Jun 2011	£200,000	0.00%
	23 Feb 2006	£199,995	159.73%
	26 Jun 1998	£77,000	First Sale
15 POVEY AVENUESemi-Detached, FreeholdArea: 95.39 Sq.mtrAge: 1930-1949	03 Jul 2009	£168,000	First Sale
17 POVEY AVENUESemi-Detached, Freehold	08 Oct 2008	£215,000	241.27%
17 POVEY AVENUESemi-Detached, Freehold	27 Mar 1996	£63,000	First Sale
1 POVEY AVENUESemi-Detached, Freehold	06 Jun 2008	£265,000	76.67%
1 POVEY AVENUESemi-Detached, Freehold	30 Jul 2003	£149,995	First Sale
36 POVEY AVENUESemi-Detached, Freehold	07 Mar 2007	£201,500	49.26%
36 POVEY AVENUESemi-Detached, Freehold	01 Nov 2001	£134,995	First Sale
13 POVEY AVENUESemi-Detached, Freehold	28 May 2003	£157,500	First Sale
10 POVEY AVENUESemi-Detached, Freehold	15 Oct 1999	£89,995	First Sale

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

POVEY AVENUE, ME2 4LZ Near By properties

Interactive Map

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

Terraced
- The average price is around £157,351 median price is £147,000 Standard Deviation is £84,076 with Total Sold: 731
- The Last 5 Year average price is £272,453 with Total Sold: 124
- 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)
Detached
- The average price is around £304,653 median price is £294,000 Standard Deviation is £134,287 with Total Sold: 449
- The Last 5 Year average price is £506,586 with Total Sold: 63
- 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 , 76 HOLLYWOOD LANE: £158,625 (Sold on 29 Jun 1995)
Other
- The average price is around £318,927 median price is £285,000 Standard Deviation is £212,889 with Total Sold: 11
- The Last 5 Year average price is £373,886 with Total Sold: 7
- 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 , 52 TEMPLARS DRIVE: £400,000 (Sold on 26 May 2016)
Semi-Detached
- The average price is around £201,366 median price is £187,500 Standard Deviation is £102,094 with Total Sold: 1,071
- The Last 5 Year average price is £341,169 with Total Sold: 188
- 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 £94,243 median price is £92,250 Standard Deviation is £48,599 with Total Sold: 204
- The Last 5 Year average price is £141,061 with Total Sold: 33
- 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£293,462	£3,298	13
2023	£279,306	£3,688	19
2022	£297,625	£3,673	20
2021	£279,558	£3,479	33
2020	£236,250	£3,093	20
2019	£250,500	£3,038	19
2018	£248,026	£3,102	19
2017	£245,979	£3,113	25
2016	£222,833	£2,819	18
2015	£194,348	£2,488	33
2014	£170,885	£2,210	26
2013	£172,666	£2,199	12
2012	£133,911	£1,670	14
2011	£145,042	£1,837	12
2010	£152,000	£2,070	15
2009	£146,733	£1,941	15
2008	£162,762	£1,844	21
2007	£166,657	£2,119	45
2006	£146,027	£1,988	36
2005	£148,587	£2,045	23
2004	£142,747	£1,967	34
2003	£134,840	£1,643	33
2002	£110,553	£1,494	46
2001	£76,574	£1,066	37
2000	£82,236	£1,031	40
1999	£57,227	£805	22
1998	£54,082	£739	23
1997	£51,787	£729	27
1996	£43,106	£551	14
1995	£43,176	£551	17

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£564,812	£3,430	8
2023	£558,300	£4,376	10
2022	£553,242	£4,691	10
2021	£488,542	£3,840	12
2020	£461,042	£3,910	12
2019	£444,182	£3,741	11
2018	£435,853	£3,639	17
2017	£375,246	£3,521	29
2016	£393,328	£3,371	19
2015	£357,500	£2,951	10
2014	£366,986	£2,686	18
2013	£293,346	£2,539	13
2012	£285,400	£2,433	5
2011	£300,429	£2,335	7
2010	£296,807	£2,390	13
2009	£281,050	£2,228	10
2008	£293,799	£2,710	5
2007	£314,923	£2,238	13
2006	£315,933	£2,547	15
2005	£296,929	£2,352	14
2004	£274,700	£2,193	20
2003	£253,445	£2,020	41
2002	£249,812	£1,844	35
2001	£193,750	£1,437	13
2000	£169,290	£1,458	45
1999	£131,935	£799	10
1998	£140,455	£1,115	20
1997	£113,666	£896	6
1996	£98,100	£800	5
1995	£130,208	£927	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£267,500		2
2023	£248,600	£4,140	2
2021	£399,999	£4,082	1
2020	£592,500	£3,608	2
2018	£245,000	£3,117	2
2017	£1,000		1
2016	£400,000	£3,960	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£376,917		9
2023	£365,941	£4,386	38
2022	£374,320	£4,411	32
2021	£342,667	£3,875	39
2020	£309,453	£3,536	32
2019	£305,184	£3,879	38
2018	£318,355	£3,594	38
2017	£304,629	£3,825	40
2016	£285,166	£3,569	51
2015	£242,306	£2,898	44
2014	£215,985	£2,717	41
2013	£198,751	£2,348	34
2012	£190,180	£2,043	25
2011	£188,579	£2,123	19
2010	£196,020	£2,173	20
2009	£175,000	£2,096	30
2008	£201,213	£2,424	25
2007	£192,949	£2,175	53
2006	£187,048	£2,247	46
2005	£188,589	£2,397	28
2004	£175,322	£1,963	31
2003	£155,025	£1,793	38
2002	£135,468	£1,651	50
2001	£108,259	£1,234	40
2000	£101,748	£1,374	43
1999	£83,922	£953	42
1998	£72,004	£985	41
1997	£66,879	£801	36
1996	£65,683	£721	26
1995	£56,571	£721	42

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£143,750		2
2023	£128,834	£2,663	9
2022	£188,000	£3,322	3
2021	£154,400	£2,906	10
2020	£152,750	£2,610	4
2019	£97,800	£2,042	5
2018	£151,167	£2,943	6
2017	£165,700	£2,898	5
2016	£140,875	£2,757	8
2015	£124,688	£2,241	8
2014	£90,625	£2,040	4
2013	£83,583	£1,699	6
2012	£102,125	£1,802	4
2011	£99,000	£1,532	2
2010	£97,375	£1,507	4
2009	£61,500	£1,104	2
2007	£125,993	£2,195	8
2006	£100,817	£1,893	14
2005	£107,833	£1,948	9
2004	£88,600	£1,630	10
2003	£76,227	£1,436	11
2002	£86,391	£1,346	23
2001	£50,654	£957	10
2000	£32,938	£720	4
1999	£33,062	£683	8
1998	£29,000	£576	5
1997	£31,778	£610	9
1996	£26,850	£505	7
1995	£26,125	£508	4

House Type in ME2 4LZ area

The most common house types in the ME2 4LZ postcode area are Terraced (50), Semi-detached (45), and Detached (34).

Total	132
Terraced	50
Semi-detached	45
Detached	34
Flat	3
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (54), and Owned: Owns with a mortgage or loan (52).

Owned: Owns outright	54
Owned: Owns with a mortgage or loan	52
Social rented: Other social rented	15
Social rented: Rents from council or Local Authority	4
Private rented: Private landlord or letting agency	4
Shared ownership: Shared ownership	1
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 4LZ have 2 people in household (54), and 3 people in household (30).

2 people in household	54
3 people in household	30
4 people in household	20
1 person in household	18
5 people in household	7
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0