ME2 2GY is a residential postcode situated on Silver Streak Way, Rochester, ME2 with 41 addresses.
It ranks as the 799th largest and 627th most expensive of the 889 postcodes in the ME2 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 41 properties: 41 houses.
ME2 2GY is a residential postcode situated on Silver Streak Way, Rochester, ME2 with 41 addresses.
It ranks as the 799th largest and 627th most expensive of the 889 postcodes in the ME2 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 41 properties: 41 houses.
Sale prices range from £204,734 for 2 bedroom leasehold houses with a garden (409 ft2) to £412,287 for 4 bedroom freehold houses with a garden (1,382 ft2) .
Monthly rental prices range from £1,077 pcm for 2 bed houses to £1,883 pcm for 4 bed houses.
The gross rental yield is between 5.3% and 6.4%.
The average value per square foot is £308.
The last sale in ME2 2GY sold for £350,000 on 4th July 2024. Since then prices have on average remained the same.
The current average value in the postcode is £358,538.
The ME2 2GY Sales Market has increased by 34.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.1% | £358,538 |
| April 2025 | 2.6% | £362,401 |
| April 2024 | -3.1% | £353,096 |
| April 2023 | 3.3% | £364,536 |
| April 2022 | 9.4% | £353,042 |
| April 2021 | 7.1% | £322,771 |
| April 2020 | 0.7% | £301,465 |
| April 2019 | -0.4% | £299,356 |
| April 2018 | 3.9% | £300,571 |
| April 2017 | 8.9% | £289,381 |
| April 2016 | 16.1% | £265,699 |
| April 2015 | 9.5% | £228,899 |
| April 2014 | 14% | £209,104 |
| April 2013 | 3% | £183,491 |
| April 2012 | 0.3% | £178,135 |
| April 2011 | -1.7% | £177,635 |
| April 2010 | 8.3% | £180,783 |
| April 2009 | -16.8% | £166,953 |
| April 2008 | 2.6% | £200,571 |
| April 2007 | 0% | £195,512 |
The current average rental value in the postcode is £1,722.
The ME2 2GY Rental Market has increased by 48.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.2% | £1,722pcm |
| April 2025 | 2.8% | £1,685pcm |
| April 2024 | 7.9% | £1,639pcm |
| April 2023 | 12.6% | £1,519pcm |
| April 2022 | 8.4% | £1,349pcm |
| April 2021 | 5% | £1,245pcm |
| April 2020 | 1.9% | £1,185pcm |
| April 2019 | 0.4% | £1,163pcm |
| April 2018 | 0.1% | £1,159pcm |
| April 2017 | -0.1% | £1,157pcm |
| April 2016 | 8.1% | £1,158pcm |
| April 2015 | 9.6% | £1,072pcm |
| April 2014 | 3.8% | £978pcm |
| April 2013 | 6.4% | £942pcm |
| April 2012 | 2.2% | £886pcm |
| April 2011 | 4.7% | £867pcm |
| April 2010 | 0.7% | £828pcm |
| April 2009 | -4.5% | £822pcm |
| April 2008 | 5.7% | £861pcm |
| April 2007 | 0% | £814pcm |
The last sale was on 4th July 2024 for £350,000 and since then the market in the area has remained stable. The postcode has had a total of 69 sales since 1995.
ME2 2GY has seen 3 sales in the last three years and no sales in the last twelve months.
ME2 2GY is the 799th largest and the 627th most expensive postcode out of the 889 postcodes in the ME2 area.
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According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around ME2 2GY, 54.8% of property is privately owned with a mortgage and 20.6% is privately rented.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around ME2 2GY, 26.3% of residents are recorded as possessing school level qualifications and 39.7% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around ME2 2GY, the average age was 35.6 and the most common age was 32.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around ME2 2GY, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around ME2 2GY, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.