Housing Market Analysis for GEORGE SUMMERS CLOSE, ME2 4NS

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

Overview of Sold House prices

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

  • Other
    • The average price is around £950,000 median price is £950,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is OPTIMUM POWER SERVICES GEORGE SUMMERS CLOSE: £950,000 (Sold on 18 Dec 2017)
    • The first recorded sale happened at this postcode is OPTIMUM POWER SERVICES GEORGE SUMMERS CLOSE: £950,000 (Sold on 18 Dec 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average ME2 4NS 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£950,0001

All the Sales in the GEORGE SUMMERS CLOSE, ME2 4NS

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

AddressSold DatePrice% Change
OPTIMUM POWER SERVICES GEORGE SUMMERS CLOSEOther, Freehold18 Dec 2017£950,000First Sale

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

GEORGE SUMMERS CLOSE, ME2 4NS Near By properties

Interactive Map

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

  • Other
    • The average price is around £561,409 median price is £200,000 Standard Deviation is £918,629 with Total Sold: 94
    • The Last 5 Year average price is £261,262 with Total Sold: 37
    • The most recent sale happened at this postcode is UNIT 2, LAKESIDE NEPTUNE CLOSE: £330,000 (Sold on 19 Apr 2024)
    • The first recorded sale happened at this postcode is , UNIT 7 HENLEY BUSINESS PARK: £1,999 (Sold on 18 Feb 2005)
  • Terraced
    • The average price is around £190,000 median price is £80,000 Standard Deviation is £173,542 with Total Sold: 3
    • The Last 5 Year average price is £435,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , UNIT 8 VICTORY PARK: £435,000 (Sold on 07 Mar 2023)
    • The first recorded sale happened at this postcode is , UNIT 4 ANTHONYS WAY: £80,000 (Sold on 20 Dec 2001)
  • Flat
    • The average price is around £83,833 median price is £100,000 Standard Deviation is £33,257 with Total Sold: 3
    • The Last 5 Year average price is £114,000 with Total Sold: 1
    • The most recent sale happened at this postcode is FLAT, UNIT 2, SOUTHERN HOUSE ANTHONYS WAY: £114,000 (Sold on 06 Jan 2021)
    • The first recorded sale happened at this postcode is UNIT 15, DICKENS COURT ENTERPRISE CLOSE: £37,500 (Sold on 12 Jul 2001)
  • Semi-Detached
    • The average price is around £195,582 median price is £172,500 Standard Deviation is £107,701 with Total Sold: 6
    • 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 , UNIT 6 NORTHPOINT BUSINESS ESTATE: £69,995 (Sold on 08 Jul 1997)
  • Detached
    • The average price is around £104,600 median price is £110,000 Standard Deviation is £32,027 with Total Sold: 5
    • The most recent sale happened at this postcode is , UNIT 9 MARITIME CLOSE: £110,000 (Sold on 30 Mar 2008)
    • 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£330,0001
2023£289,9405
2022£307,8577
2021£231,5008
2020£389,7005
2019£175,59111
2018£631,98911
2017£661,62312
2016£392,56913
2015£1,329,05717
2014£150,0001
2013£182,5002
2005£1,9991
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£435,0001
2003£55,0001
2001£80,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£114,0001
2004£100,0001
2001£37,5001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2009£391,0001
2008£185,0002
2004£225,0001
2002£117,5001
1997£69,9951
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2008£110,0001
2007£156,5001
2005£72,5001
2003£69,0001
2002£115,0001

House Type in ME2 4NS area

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