Merchants Way - CT2 8PN
Key Postcode Insights
CT2 8PN is a residential postcode situated on Merchants Way, Canterbury, CT2 with 47 addresses.
It ranks as the 666th largest and 144th most expensive of the 707 postcodes in the CT2 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 47 properties: 38 houses and 9 flats.
- Ave. Sale Price
- £229,183
- 10 Year change
- up 5.6%
- Ave. Rental Price
- £1,082pcm
- 10 Year change
- up 32.6%
- Ave. £ per ft²
- £305/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Key Postcode Insights
CT2 8PN is a residential postcode situated on Merchants Way, Canterbury, CT2 with 47 addresses.
It ranks as the 666th largest and 144th most expensive of the 707 postcodes in the CT2 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 47 properties: 38 houses and 9 flats.
- Ave. Sale Price
- £229,183
- 10 Year change
- up 5.6%
- Ave. Rental Price
- £1,082pcm
- 10 Year change
- up 32.6%
- Ave. £ per ft²
- £305/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Explore Propertiesin CT2 8PN
- 33 Merchants Way
3 Bed Early-century House
- 35 Merchants Way
Unknown
- 37 Merchants Way
Unknown
- 39 Merchants Way
3 Bed Mid-century House
- 41 Merchants Way
3 Bed Mid-century House
Sales Market Trends
The last sale in CT2 8PN sold for £215,000 on 21st July 2025. Since then prices are down an average of 3.4%.
The current average value in the postcode is £229,183.
The CT2 8PN Sales Market has increased by 5.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.6% | £229,183 |
| June 2025 | -1.7% | £237,864 |
| June 2024 | -2% | £241,921 |
| June 2023 | -3.2% | £246,733 |
| June 2022 | 10.4% | £254,989 |
| June 2021 | 2.2% | £231,065 |
| June 2020 | 1.7% | £226,011 |
| June 2019 | -1.6% | £222,242 |
| June 2018 | 0.1% | £225,927 |
| June 2017 | 4% | £225,742 |
| June 2016 | 7.6% | £216,982 |
| June 2015 | 8.3% | £201,567 |
| June 2014 | 8.4% | £186,157 |
| June 2013 | 3.7% | £171,780 |
| June 2012 | -1.6% | £165,696 |
| June 2011 | 0.1% | £168,369 |
| June 2010 | 8.4% | £168,202 |
| June 2009 | -9.7% | £155,105 |
| June 2008 | -0.1% | £171,810 |
| June 2007 | 0% | £171,975 |
Rental Market Trends
The current average rental value in the postcode is £1,082.
The CT2 8PN Rental Market has increased by 32.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.4% | £1,082pcm |
| June 2025 | 3.4% | £1,057pcm |
| June 2024 | 2.2% | £1,022pcm |
| June 2023 | 6.3% | £1,000pcm |
| June 2022 | 3.2% | £941pcm |
| June 2021 | 10.8% | £912pcm |
| June 2020 | -0.9% | £823pcm |
| June 2019 | 2.3% | £830pcm |
| June 2018 | -1.7% | £812pcm |
| June 2017 | 1.2% | £826pcm |
| June 2016 | 4.8% | £816pcm |
| June 2015 | 4.9% | £779pcm |
| June 2014 | 2.4% | £742pcm |
| June 2013 | 3.2% | £725pcm |
| June 2012 | 1% | £702pcm |
| June 2011 | 0% | £696pcm |
| June 2010 | 5.9% | £695pcm |
| June 2009 | -6% | £656pcm |
| June 2008 | 4% | £698pcm |
| June 2007 | 0% | £671pcm |
Sales History
The last sale was on 21st July 2025 for £215,000 and since then the market in the area has decreased by 3.4%. The postcode has had a total of 43 sales since 1995.
CT2 8PN has seen 7 sales in the last three years and 1 sale in the last twelve months.
- Sold Jul 2025£215,000 | 3 Bed House86, Merchants Way, Canterbury, CT2 8PN86, Merchants Way, Canterbury, CT2 8PN
- Sold Mar 2025£236,000 | 3 Bed House53, Merchants Way, Canterbury, CT2 8PN53, Merchants Way, Canterbury, CT2 8PN
- Sold Apr 2024£252,000 | 3 Bed House80, Merchants Way, Canterbury, CT2 8PN80, Merchants Way, Canterbury, CT2 8PN
- Sold Mar 2024£285,000 | 3 Bed House60, Merchants Way, Canterbury, CT2 8PN60, Merchants Way, Canterbury, CT2 8PN
- Sold Jan 2024£160,000 | 3 Bed House57, Merchants Way, Canterbury, CT2 8PN57, Merchants Way, Canterbury, CT2 8PN
Nearby Postcodes
CT2 8PN is the 666th largest and the 144th most expensive postcode out of the 707 postcodes in the CT2 area.
- CT2 8PL, Priest Avenue, Canterbury, CT2CT2 8PL10 Addresses|82 m away
- CT2 8PS, Franklyn Road, Canterbury, CT2CT2 8PS23 Addresses|92 m away
- CT2 8QE, Bakers Close, Canterbury, CT2CT2 8QE15 Addresses|99 m away
- CT2 8PH, Wife Of Bath Hill, Canterbury, CT2CT2 8PH28 Addresses|118 m away
- CT2 8PJ, Priest Avenue, Canterbury, CT2CT2 8PJ56 Addresses|135 m away
Property Types
- 1 modern house built after 1980
- 28 mid-century houses built between 1936 and 1979
- 9 mid-century flats built between 1936 and 1979
- 1 house of an unknown age
- 3 early-century houses built between 1912 and 1935
- 5 other addresses of unknown type
- modern house (1)
- mid-century house (28)
- mid-century flat (9)
- house (1)
- early-century house (3)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 32 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (23)
- G (0)
- D (9)
- No EPC (15)
Top 3 Most Expensive Sales
- Sold Apr 2023£325,000 | 3 Bed House76, Merchants Way, Canterbury, CT2 8PN76, Merchants Way, Canterbury, CT2 8PN
- Sold Jun 2025£315,000 | 3 Bed House32, Merchants Way, Canterbury, CT2 8PW32, Merchants Way, Canterbury, CT2 8PW
- Sold Mar 2024£285,000 | 3 Bed House60, Merchants Way, Canterbury, CT2 8PN60, Merchants Way, Canterbury, CT2 8PN
Schools Nearby
- The Canterbury Primary School300 m away
- Wincheap Foundation Primary School1.2 km away
- St Peter's Methodist Primary School1.5 km away
- The Canterbury Academy600 m away
- The Archbishop's School2.3 km away
- Barton Court Grammar School2.5 km away
More reading links
Public Transport Nearby
The closest station to CT2 8PN is Canterbury East station, which is 1.5 kilometres away.
- Canterbury East|1.5 km away
- Canterbury West|1.6 km away
- Chartham|3.4 km away
- Sturry|5.4 km away
