Housing Market Analysis for LOWER RAINHAM ROAD, ME7 2YD

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

Overview of Sold House prices

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

Terraced
- The average price is around £173,946 median price is £185,500 Standard Deviation is £82,007 with Total Sold: 30
- The Last 5 Year average price is £244,250 with Total Sold: 4
- The most recent sale happened at this postcode is 20 LOWER RAINHAM ROAD: £160,000 (Sold on 23 Jun 2023)
- The first recorded sale happened at this postcode is 24 LOWER RAINHAM ROAD: £50,000 (Sold on 20 Jan 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average ME7 2YD 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	£160,000	£3,702	1
2022	£342,000	£3,196	1
2021	£237,500	£4,196	2
2018	£250,250	£3,735	2
2017	£215,625	£3,393	4
2016	£267,633	£2,501	3
2011	£108,500	£2,482	1
2009	£112,500	£2,573	1
2007	£179,625	£2,677	8
2003	£95,500	£2,112	2
2000	£63,500	£1,452	1
1998	£42,995	£1,000	1
1996	£44,000	£1,006	1
1995	£38,000	£1,064	2

All the Sales in the LOWER RAINHAM ROAD, ME7 2YD

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

Address	Sold Date	Price	% Change
20 LOWER RAINHAM ROADTerraced, FreeholdArea: 43.22 Sq.mtrAge: before 1900	23 Jun 2023	£160,000	97.53%
	22 Aug 2003	£81,000	88.39%
	15 Oct 1998	£42,995	First Sale
2 GRENIC MEWSTerraced, FreeholdArea: 107 Sq.mtr	10 Aug 2022	£342,000	29.08%
2 GRENIC MEWSTerraced, FreeholdArea: 107 Sq.mtr	09 Jun 2016	£264,950	First Sale
24 LOWER RAINHAM ROADTerraced, FreeholdArea: 47 Sq.mtrAge: before 1900	01 Nov 2021	£205,000	86.36%
	07 Nov 2003	£110,000	120.00%
	20 Jan 1995	£50,000	First Sale
6 LOWER RAINHAM ROADTerraced, FreeholdArea: 67 Sq.mtrAge: 2007 onwards	19 Apr 2021	£270,000	7.78%
	01 Aug 2018	£250,500	7.74%
	03 Jul 2017	£232,500	24.33%
	09 Nov 2007	£187,000	First Sale
8 LOWER RAINHAM ROADTerraced, FreeholdArea: 67 Sq.mtrAge: 2007 onwards	15 Feb 2018	£249,999	36.61%
	30 Oct 2007	£183,000	First Sale
4 LOWER RAINHAM ROADTerraced, FreeholdArea: 72 Sq.mtrAge: 2003-2006	09 Oct 2017	£244,000	31.18%
	30 Aug 2007	£186,000	First Sale
14 LOWER RAINHAM ROADTerraced, FreeholdArea: 73 Sq.mtrAge: 2007 onwards	25 Aug 2017	£260,000	36.84%
	22 Aug 2007	£190,000	First Sale
22 LOWER RAINHAM ROADTerraced, FreeholdArea: 40 Sq.mtrAge: before 1900	18 Apr 2017	£126,000	First Sale
4 GRENIC MEWSTerraced, FreeholdArea: 107 Sq.mtr	17 Jun 2016	£269,950	First Sale
3 GRENIC MEWSTerraced, FreeholdArea: 107 Sq.mtr	10 Jun 2016	£268,000	First Sale
26 LOWER RAINHAM ROADTerraced, FreeholdArea: 43.72 Sq.mtrAge: 1900-1929	07 Oct 2011	£108,500	-3.56%
	27 Nov 2009	£112,500	77.17%
	04 Aug 2000	£63,500	44.32%
	29 Mar 1996	£44,000	First Sale
12 LOWER RAINHAM ROADTerraced, Freehold	15 Nov 2007	£181,000	First Sale
10 LOWER RAINHAM ROADTerraced, Freehold	26 Oct 2007	£185,000	First Sale
2 LOWER RAINHAM ROADTerraced, Freehold	30 Aug 2007	£192,000	First Sale
28 LOWER RAINHAM ROADTerraced, Freehold	05 Jan 2007	£133,000	411.54%
28 LOWER RAINHAM ROADTerraced, Freehold	17 Mar 1995	£26,000	First Sale

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

LOWER RAINHAM ROAD, ME7 2YD Near By properties

Interactive Map

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

Terraced
- The average price is around £163,120 median price is £165,000 Standard Deviation is £77,847 with Total Sold: 833
- The Last 5 Year average price is £264,850 with Total Sold: 118
- The most recent sale happened at this postcode is , 48 WATERSIDE LANE: £376,000 (Sold on 10 Sep 2024)
- The first recorded sale happened at this postcode is , 289 WOODLANDS ROAD: £38,600 (Sold on 10 Jan 1995)
Semi-Detached
- The average price is around £180,224 median price is £180,000 Standard Deviation is £86,340 with Total Sold: 276
- The Last 5 Year average price is £279,113 with Total Sold: 45
- The most recent sale happened at this postcode is , 274 GRANGE ROAD: £327,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 191 GRANGE ROAD: £60,000 (Sold on 07 Apr 1995)
Flat
- The average price is around £119,663 median price is £127,750 Standard Deviation is £45,588 with Total Sold: 304
- The Last 5 Year average price is £164,643 with Total Sold: 47
- The most recent sale happened at this postcode is , 12 CONQUEROR DRIVE: £168,000 (Sold on 05 Aug 2024)
- The first recorded sale happened at this postcode is , 22 CYPRESS COURT: £41,900 (Sold on 23 Feb 1995)
Detached
- The average price is around £226,967 median price is £225,000 Standard Deviation is £115,597 with Total Sold: 199
- The Last 5 Year average price is £351,721 with Total Sold: 35
- The most recent sale happened at this postcode is , 11 ARCHBISHOPS CRESCENT: £485,000 (Sold on 28 Mar 2024)
- The first recorded sale happened at this postcode is , CHANTILLY BUTTERMERE CLOSE: £59,995 (Sold on 17 Mar 1995)
Other
- The average price is around £191,215 median price is £126,667 Standard Deviation is £204,817 with Total Sold: 11
- The Last 5 Year average price is £292,694 with Total Sold: 6
- The most recent sale happened at this postcode is , 67 CONQUEROR DRIVE: £375,000 (Sold on 21 Apr 2022)
- The first recorded sale happened at this postcode is , HAZELWOOD BUTTERMERE CLOSE: £300,000 (Sold on 24 Feb 2017)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£313,667		3
2023	£268,286	£3,797	21
2022	£278,716	£3,739	22
2021	£267,767	£3,601	39
2020	£251,124	£3,115	17
2019	£239,594	£3,302	16
2018	£233,989	£3,245	33
2017	£231,685	£3,091	27
2016	£231,806	£2,917	31
2015	£190,829	£2,553	38
2014	£179,029	£2,389	32
2013	£143,972	£1,970	18
2012	£152,136	£2,234	11
2011	£134,794	£1,776	16
2010	£165,596	£2,335	29
2009	£127,171	£1,990	19
2008	£162,168	£2,196	38
2007	£181,246	£2,259	79
2006	£173,252	£2,058	48
2005	£160,966	£1,940	40
2004	£131,791	£1,772	30
2003	£125,400	£1,644	20
2002	£117,556	£1,209	25
2001	£104,011	£1,148	59
2000	£59,886	£1,007	23
1999	£56,560	£755	24
1998	£48,358	£707	34
1997	£42,434	£568	16
1996	£42,365	£658	13
1995	£38,440	£556	12

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£348,167	£2,485	3
2023	£307,417	£3,407	6
2022	£301,460	£3,617	10
2021	£248,821	£3,257	14
2020	£265,200	£3,562	5
2019	£263,857	£3,106	7
2018	£254,000	£3,193	9
2017	£269,732	£3,213	14
2016	£220,250	£2,366	6
2015	£204,714	£2,350	7
2014	£189,750	£2,326	10
2013	£161,000	£2,304	3
2012	£113,500	£1,621	2
2011	£171,750	£1,796	6
2010	£180,083	£2,155	12
2009	£171,000	£1,763	7
2008	£196,745	£2,423	27
2007	£182,034	£2,208	24
2006	£174,573	£2,137	23
2005	£179,784	£1,979	10
2004	£157,071	£1,949	7
2003	£127,249	£2,635	4
2002	£101,930	£1,657	8
2001	£93,065	£1,223	13
2000	£76,707	£1,019	7
1999	£64,800	£1,066	5
1998	£51,408	£689	10
1997	£54,317	£663	6
1996	£45,125	£515	4
1995	£51,419	£783	7

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£190,500	£3,395	6
2023	£169,212	£3,687	8
2022	£162,409	£2,729	11
2021	£160,222	£2,807	9
2020	£150,800	£2,455	5
2019	£157,375	£2,632	8
2018	£134,328	£2,291	16
2017	£156,431	£2,694	13
2016	£156,682	£2,655	11
2015	£130,250	£2,217	16
2014	£122,025	£2,103	20
2013	£94,009	£1,443	8
2012	£90,200	£1,549	5
2011	£77,125	£1,243	2
2010	£96,000	£1,515	3
2009	£74,227	£1,279	12
2008	£119,229	£2,161	32
2007	£138,736	£2,457	31
2006	£85,050	£1,548	7
2005	£126,117	£2,124	35
2004	£87,333	£2,008	3
2003	£77,040	£1,725	6
2002	£65,998	£1,585	6
2001	£54,943	£1,259	9
2000	£54,000	£1,217	3
1999	£41,833	£859	9
1998	£39,417	£928	3
1997	£38,500	£848	3
1996	£39,333	£848	3
1995	£41,900	£762	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£485,000		1
2023	£327,000	£4,241	9
2022	£311,792	£4,972	6
2021	£396,556	£3,597	9
2020	£398,750	£3,397	4
2019	£307,917	£3,702	6
2018	£387,583	£3,089	6
2017	£300,000	£3,701	6
2016	£283,833	£3,154	9
2015	£270,000	£3,078	3
2014	£235,900	£2,583	5
2013	£222,400	£3,312	5
2012	£209,167	£2,146	6
2011	£142,375	£1,958	4
2010	£218,529	£2,299	6
2009	£234,125	£2,217	8
2008	£248,168	£2,697	26
2007	£226,444	£2,476	18
2006	£227,000	£2,391	3
2005	£192,992	£1,954	6
2004	£140,624	£1,542	4
2003	£204,857	£1,820	7
2002	£117,399	£1,591	9
2001	£97,124	£1,291	8
2000	£96,178	£795	1
1999	£77,562	£814	8
1998	£104,750	£554	4
1997	£68,165	£630	3
1996	£51,800	£584	5
1995	£67,372	£817	4

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£315,000	£4,054	2
2021	£395,834	£3,547	2
2019	£167,250	£912	2
2018	£12,900		3
2017	£154,250	£3,125	2

House Type in ME7 2YD area

The most common house types in the ME7 2YD postcode area are Flat (55), Terraced (42), and Semi-detached (14).

Total	116
Flat	55
Terraced	42
Semi-detached	14
Detached	3
Shared house	1
commercial building	1
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (32), and Owned: Owns with a mortgage or loan (30).

Private rented: Private landlord or letting agency	32
Owned: Owns with a mortgage or loan	30
Shared ownership: Shared ownership	20
Owned: Owns outright	16
Social rented: Other social rented	16
Private rented: Other private rented	2
Does not apply	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the ME7 2YD have 1 person in household (42), and 2 people in household (31).

1 person in household	42
2 people in household	31
3 people in household	20
4 people in household	17
5 people in household	5
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0