Housing Market Analysis for SECOND AVENUE, ME7 2HY

Are you looking to understand ME7 2HY 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 ME7 2HY area, explore the ME7 2HY Area information page.
For comprehensive crime statistics in the ME7 2HY area, explore the ME7 2HY Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME7 2HY postcode area, The average prices are as follows,

Terraced
- The average price is around £158,100 median price is £160,000 Standard Deviation is £85,719 with Total Sold: 37
- The Last 5 Year average price is £289,167 with Total Sold: 6
- The most recent sale happened at this postcode is 53 SECOND AVENUE: £330,000 (Sold on 25 Jun 2021)
- The first recorded sale happened at this postcode is 71 SECOND AVENUE: £55,000 (Sold on 15 May 1995)
Semi-Detached
- The average price is around £178,600 median price is £129,000 Standard Deviation is £118,221 with Total Sold: 5
- The Last 5 Year average price is £320,000 with Total Sold: 2
- The most recent sale happened at this postcode is 23 SECOND AVENUE: £129,000 (Sold on 21 Nov 2003)
- The first recorded sale happened at this postcode is 23 SECOND AVENUE: £320,000 (Sold on 14 Nov 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average ME7 2HY 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
2021	£330,000	£2,946	1
2020	£288,333	£3,060	3
2019	£270,000	£3,088	2
2017	£285,000	£3,434	1
2016	£250,000	£2,537	2
2015	£204,333	£2,292	3
2014	£165,000	£1,854	1
2013	£150,000	£1,807	1
2012	£157,125	£1,859	4
2006	£195,000		1
2005	£164,250	£1,992	2
2004	£149,000	£1,571	2
2003	£135,000	£1,646	1
2002	£120,000	£1,485	1
1998	£63,198	£675	6
1997	£57,333	£536	3
1996	£45,250	£417	2
1995	£55,000	£546	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2003	£129,000	£1,573	1
2000	£73,000	£890	1
1995	£51,000	£622	1
2023	£320,000	£3,902	2

All the Sales in the SECOND AVENUE, ME7 2HY

See the table below for more details on the sold house prices in the ME7 2HY, Medway postcode.

Address	Sold Date	Price	% Change
53 SECOND AVENUETerraced, FreeholdArea: 112 Sq.mtrAge: 1900-1929	25 Jun 2021	£330,000	32.00%
	20 Dec 2016	£250,000	25.00%
	01 Jun 2015	£200,000	400.00%
	05 Nov 1996	£40,000	First Sale
7 SECOND AVENUETerraced, FreeholdArea: 79 Sq.mtrAge: 1900-1929	28 Aug 2020	£305,000	62.23%
	04 Aug 2015	£188,000	First Sale
71 SECOND AVENUETerraced, FreeholdArea: 100.79 Sq.mtrAge: before 1900	14 Feb 2020	£275,000	86.44%
	27 Apr 2012	£147,500	110.73%
	21 Aug 1998	£69,995	27.26%
	15 May 1995	£55,000	First Sale
13 SECOND AVENUETerraced, FreeholdArea: 110 Sq.mtrAge: 1930-1949	10 Jan 2020	£285,000	383.05%
	19 Dec 1997	£59,000	First Sale
11 SECOND AVENUETerraced, FreeholdArea: 77 Sq.mtrAge: 1900-1929	11 Oct 2019	£260,000	62.50%
	17 Dec 2012	£160,000	First Sale
55 SECOND AVENUETerraced, FreeholdArea: 100 Sq.mtrAge: 1900-1929	17 Sep 2019	£280,000	First Sale
27 SECOND AVENUETerraced, FreeholdArea: 83 Sq.mtrAge: 1930-1949	18 Jul 2017	£285,000	69.14%
	15 Jul 2005	£168,500	245.64%
	30 Jan 1998	£48,750	First Sale
39 SECOND AVENUETerraced, FreeholdArea: 88 Sq.mtrAge: 1900-1929	26 Feb 2016	£250,000	51.52%
	26 Jul 2004	£165,000	First Sale
29 SECOND AVENUETerraced, FreeholdArea: 83 Sq.mtrAge: 1900-1929	27 Nov 2015	£225,000	50.00%
	30 Apr 2013	£150,000	First Sale
51 SECOND AVENUETerraced, FreeholdArea: 89 Sq.mtrAge: 1930-1949	26 Aug 2014	£165,000	First Sale
57 SECOND AVENUETerraced, FreeholdArea: 83 Sq.mtrAge: 1900-1929	25 Jul 2012	£148,500	First Sale
41 SECOND AVENUETerraced, FreeholdArea: 81.88 Sq.mtrAge: 1930-1949	03 Feb 2012	£172,500	7.81%
	04 Mar 2005	£160,000	142.44%
	20 Feb 1998	£65,995	First Sale
61 SECOND AVENUETerraced, Freehold	01 Dec 2006	£195,000	First Sale
73 SECOND AVENUETerraced, FreeholdArea: 105 Sq.mtrAge: 1900-1929	22 Apr 2004	£133,000	First Sale
23 SECOND AVENUESemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1900-1929	21 Nov 2003	£129,000	76.71%
	13 Apr 2000	£73,000	43.14%
	10 Oct 1995	£51,000	-84.06%
	14 Nov 2023	£320,000	0.0
	14 Nov 2023	£320,000	First Sale
15 SECOND AVENUETerraced, FreeholdArea: 82 Sq.mtrAge: 1900-1929	30 Jan 2003	£135,000	First Sale
5 SECOND AVENUETerraced, FreeholdArea: 80.781 Sq.mtrAge: 1930-1949	12 Jul 2002	£120,000	First Sale
17 SECOND AVENUETerraced, Freehold	04 Dec 1998	£65,000	28.71%
17 SECOND AVENUETerraced, Freehold	29 Nov 1996	£50,500	First Sale
67 SECOND AVENUETerraced, Freehold	27 May 1998	£64,450	First Sale
43 SECOND AVENUETerraced, FreeholdArea: 106 Sq.mtrAge: 1930-1949	16 Jan 1998	£64,995	First Sale
59 SECOND AVENUETerraced, Freehold	30 Sep 1997	£58,500	First Sale
31 SECOND AVENUETerraced, Freehold	04 Apr 1997	£54,500	First Sale

Check out the sold house prices near the ME7 2HY postcode. Properties currently for saleProperties currently for rent

SECOND AVENUE, ME7 2HY Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME7 2HY 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 ME7 2HY postcode.

Terraced
- The average price is around £154,862 median price is £146,000 Standard Deviation is £84,636 with Total Sold: 1,201
- The Last 5 Year average price is £282,317 with Total Sold: 187
- The most recent sale happened at this postcode is , 43 HOLMSIDE: £325,500 (Sold on 05 Aug 2024)
- The first recorded sale happened at this postcode is , 139 BARNSOLE ROAD: £50,000 (Sold on 10 Feb 1995)
Semi-Detached
- The average price is around £198,558 median price is £187,995 Standard Deviation is £100,700 with Total Sold: 609
- The Last 5 Year average price is £327,408 with Total Sold: 103
- The most recent sale happened at this postcode is , 185 BARNSOLE ROAD: £400,000 (Sold on 05 Jul 2024)
- The first recorded sale happened at this postcode is , 36 FIRST AVENUE: £74,000 (Sold on 06 Jan 1995)
Detached
- The average price is around £227,474 median price is £211,998 Standard Deviation is £122,667 with Total Sold: 226
- The Last 5 Year average price is £396,407 with Total Sold: 35
- The most recent sale happened at this postcode is , 61 HOLMSIDE: £325,000 (Sold on 19 Jun 2024)
- The first recorded sale happened at this postcode is , 102 FIRST AVENUE: £69,000 (Sold on 17 Feb 1995)
Other
- The average price is around £275,058 median price is £142,500 Standard Deviation is £365,076 with Total Sold: 20
- The Last 5 Year average price is £352,021 with Total Sold: 12
- The most recent sale happened at this postcode is , MEDWAY FEATHER CO BRASENOSE ROAD: £345,000 (Sold on 14 Jul 2023)
- The first recorded sale happened at this postcode is , 61 STURDEE AVENUE: £82,500 (Sold on 19 Dec 2014)
Flat
- The average price is around £103,417 median price is £99,328 Standard Deviation is £46,783 with Total Sold: 17
- The Last 5 Year average price is £167,500 with Total Sold: 4
- The most recent sale happened at this postcode is , 157B BARNSOLE ROAD: £145,000 (Sold on 30 Sep 2022)
- The first recorded sale happened at this postcode is GROUND FLOOR FLAT, 32 MALVERN ROAD: £42,200 (Sold on 18 May 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£299,155	£2,646	11
2023	£300,593	£3,618	27
2022	£308,961	£3,553	38
2021	£283,977	£3,260	42
2020	£260,864	£2,807	33
2019	£253,069	£2,870	36
2018	£244,264	£2,900	36
2017	£240,635	£2,840	41
2016	£230,080	£2,615	43
2015	£201,171	£2,228	34
2014	£179,762	£2,027	35
2013	£155,567	£1,885	31
2012	£144,660	£1,743	25
2011	£164,460	£1,715	28
2010	£160,921	£1,973	19
2009	£146,690	£1,766	21
2008	£153,737	£1,764	20
2007	£170,246	£1,897	61
2006	£164,397	£1,686	53
2005	£156,298	£1,738	36
2004	£143,672	£1,575	52
2003	£136,795	£1,525	48
2002	£113,649	£1,309	54
2001	£91,529	£955	62
2000	£81,508	£894	52
1999	£64,898	£725	52
1998	£60,479	£647	47
1997	£56,262	£559	55
1996	£45,843	£528	78
1995	£50,190	£534	31

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£341,250	£2,576	4
2023	£359,588	£3,591	17
2022	£360,572	£3,624	21
2021	£312,125	£3,089	29
2020	£275,100	£3,146	10
2019	£312,292	£3,046	22
2018	£319,079	£3,027	19
2017	£297,969	£3,042	16
2016	£282,591	£2,734	27
2015	£248,957	£2,323	23
2014	£209,926	£2,224	19
2013	£219,176	£1,911	17
2012	£212,773	£1,873	11
2011	£199,944	£1,875	18
2010	£178,800	£1,922	10
2009	£172,306	£1,697	27
2008	£194,866	£2,042	15
2007	£213,305	£2,142	19
2006	£213,057	£1,739	35
2005	£167,354	£1,709	28
2004	£167,586	£1,643	23
2003	£158,650	£1,529	30
2002	£140,339	£1,251	14
2001	£125,980	£1,100	28
2000	£90,919	£925	18
1999	£80,853	£789	30
1998	£76,580	£817	25
1997	£74,639	£670	18
1996	£67,929	£627	17
1995	£64,150	£591	19

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£339,626		2
2023	£458,143	£3,944	7
2022	£433,500	£4,579	10
2021	£309,167	£3,295	6
2020	£450,000	£3,495	3
2019	£349,714	£3,112	7
2018	£393,394	£2,844	5
2017	£335,125	£3,152	8
2016	£317,183	£3,313	6
2015	£355,200	£2,628	5
2014	£304,700	£2,295	5
2013	£221,111	£2,059	9
2012	£262,838	£2,267	8
2011	£252,750	£2,064	4
2010	£302,700	£2,227	5
2009	£173,458	£1,840	6
2008	£236,562	£2,165	4
2007	£234,768	£2,195	8
2006	£239,082	£2,385	12
2005	£231,181	£2,060	8
2004	£182,462	£1,700	4
2003	£188,666	£1,809	6
2002	£179,625	£1,561	16
2001	£134,333	£1,468	9
2000	£124,583	£1,083	12
1999	£124,623	£1,080	13
1998	£99,540	£939	10
1997	£87,333	£778	12
1996	£78,832	£765	6
1995	£90,730	£752	10

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£345,000		1
2022	£491,500	£31	2
2021	£212,000	£2,030	4
2020	£781,000	£625	2
2019	£162,083	£13	3
2018	£153,333		3
2017	£147,500		2
2016	£12,000		1
2015	£427,407		1
2014	£82,500	£607	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£167,500	£2,903	4
2018	£138,500	£2,234	1
2017	£98,496	£2,519	3
2007	£112,333	£2,101	3
2005	£96,000		1
2002	£58,000		1
1999	£46,500		1
1998	£37,400		1
1996	£37,000	£673	1
1995	£42,200		1

House Type in ME7 2HY area

The most common house types in the ME7 2HY postcode area are Terraced (70), Semi-detached (29), and Detached (21).

Total	122
Terraced	70
Semi-detached	29
Detached	21
Flat	2
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 (59), and Owned: Owns with a mortgage or loan (55).

Owned: Owns outright	59
Owned: Owns with a mortgage or loan	55
Private rented: Private landlord or letting agency	5
Private rented: Other private rented	3
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the ME7 2HY have 2 people in household (45), and 3 people in household (24).

2 people in household	45
3 people in household	24
1 person in household	22
4 people in household	20
5 people in household	8
6 people in household	3
0 people in household	0
7 people in household	0
8 or more people in household	0