Merchants Way - CT2 8PW
Key Postcode Insights
CT2 8PW is a residential postcode situated on Merchants Way, Canterbury, CT2 with 40 addresses.
It ranks as the 635th largest and 216th 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 40 properties: 40 houses.
- Ave. Sale Price
- £267,392
- 10 Year change
- up 9.1%
- Ave. Rental Price
- £1,182pcm
- 10 Year change
- up 36.9%
- Ave. £ per ft²
- £313/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Postcode Insights
CT2 8PW is a residential postcode situated on Merchants Way, Canterbury, CT2 with 40 addresses.
It ranks as the 635th largest and 216th 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 40 properties: 40 houses.
- Ave. Sale Price
- £267,392
- 10 Year change
- up 9.1%
- Ave. Rental Price
- £1,182pcm
- 10 Year change
- up 36.9%
- Ave. £ per ft²
- £313/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Propertiesin CT2 8PW
- 1 Merchants Way
Unknown
- 2 Merchants Way
3 Bed Mid-century House
- 3 Merchants Way
4 Bed Mid-century House
- 4 Merchants Way
3 Bed Early-century House
- 5 Merchants Way
3 Bed Early-century House
Sales Market Trends
The last sale in CT2 8PW sold for £315,000 on 5th June 2025. Since then prices are down an average of 3.6%.
The current average value in the postcode is £267,392.
The CT2 8PW Sales Market has increased by 9.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.7% | £267,392 |
| June 2025 | -1% | £277,797 |
| June 2024 | -2.4% | £280,683 |
| June 2023 | -3.2% | £287,533 |
| June 2022 | 11.1% | £297,049 |
| June 2021 | 3.2% | £267,358 |
| June 2020 | 1.5% | £259,113 |
| June 2019 | -1.6% | £255,185 |
| June 2018 | 0.7% | £259,313 |
| June 2017 | 5% | £257,435 |
| June 2016 | 7.8% | £245,095 |
| June 2015 | 9% | £227,320 |
| June 2014 | 8.7% | £208,537 |
| June 2013 | 4.1% | £191,835 |
| June 2012 | -0.9% | £184,327 |
| June 2011 | 0.2% | £185,979 |
| June 2010 | 9.7% | £185,520 |
| June 2009 | -9.5% | £169,047 |
| June 2008 | -0.5% | £186,706 |
| June 2007 | 0% | £187,559 |
Rental Market Trends
The current average rental value in the postcode is £1,182.
The CT2 8PW Rental Market has increased by 36.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £1,182pcm |
| June 2025 | 4.1% | £1,156pcm |
| June 2024 | 1.8% | £1,111pcm |
| June 2023 | 6.3% | £1,091pcm |
| June 2022 | 3.9% | £1,027pcm |
| June 2021 | 11.8% | £988pcm |
| June 2020 | -1% | £884pcm |
| June 2019 | 2.3% | £893pcm |
| June 2018 | -1.1% | £872pcm |
| June 2017 | 2.2% | £882pcm |
| June 2016 | 4.9% | £863pcm |
| June 2015 | 5.6% | £823pcm |
| June 2014 | 2.8% | £779pcm |
| June 2013 | 3.6% | £758pcm |
| June 2012 | 1.7% | £732pcm |
| June 2011 | 0.2% | £720pcm |
| June 2010 | 7.2% | £718pcm |
| June 2009 | -5.7% | £670pcm |
| June 2008 | 3.7% | £711pcm |
| June 2007 | 0% | £685pcm |
Sales History
The last sale was on 5th June 2025 for £315,000 and since then the market in the area has decreased by 3.6%. The postcode has had a total of 26 sales since 1995.
CT2 8PW has seen 4 sales in the last three years and no sales in the last twelve months.
- Sold Jun 2025£315,000 | 3 Bed House32, Merchants Way, Canterbury, CT2 8PW32, Merchants Way, Canterbury, CT2 8PW
- Sold Jun 2023£270,000 | 3 Bed House20, Merchants Way, Canterbury, CT2 8PW20, Merchants Way, Canterbury, CT2 8PW
- Sold Mar 2023£245,000 | 3 Bed House32, Merchants Way, Canterbury, CT2 8PW32, Merchants Way, Canterbury, CT2 8PW
- Sold Jan 2023£283,000 | 3 Bed House21, Merchants Way, Canterbury, CT2 8PW21, Merchants Way, Canterbury, CT2 8PW
- Sold Feb 2019£246,000 | 3 Bed House2, Merchants Way, Canterbury, CT2 8PW2, Merchants Way, Canterbury, CT2 8PW
Nearby Postcodes
CT2 8PW is the 635th largest and the 216th most expensive postcode out of the 707 postcodes in the CT2 area.
- CT2 8QG, Law Close, Canterbury, CT2CT2 8QG3 Addresses|61 m away
- CT2 8QF, Reeves Close, Canterbury, CT2CT2 8QF3 Addresses|63 m away
- CT2 8PJ, Priest Avenue, Canterbury, CT2CT2 8PJ56 Addresses|89 m away
- CT2 8PU, Knight Avenue, Canterbury, CT2CT2 8PU12 Addresses|91 m away
- CT2 8PR, Franklyn Road, Canterbury, CT2CT2 8PR25 Addresses|106 m away
Property Types
- 28 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 3 early-century houses built between 1912 and 1935
- 8 other addresses of unknown type
- mid-century house (28)
- house (1)
- early-century house (3)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 31 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (20)
- G (0)
- D (10)
- No EPC (9)
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 School200 m away
- Wincheap Foundation Primary School1.3 km away
- St Peter's Methodist Primary School1.4 km away
- The Canterbury Academy500 m away
- The Archbishop's School2.2 km away
- Barton Court Grammar School2.4 km away
More reading links
Public Transport Nearby
The closest station to CT2 8PW is Canterbury East station, which is 1.4 kilometres away.
- Canterbury East|1.4 km away
- Canterbury West|1.5 km away
- Chartham|3.5 km away
- Sturry|5.3 km away
