House prices in 'ME2 4', Wainscott

Price per square metre data and charts revealed. Latest statistics for the housing market in 'ME2 4' (Wainscott, Rochester) - calculated on 11 April 2026.

Defining 'ME2 4'

This analysis is limited to properties whose postcode starts with "ME2 4", this is also called the postcode sector. There are no official postcode sector names so I've just labelled it ME2 4, Wainscott. It is shown in red on the map below.

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You can click on the map above to change to a neighbouring sector, or you can use the search form below.

Price per square metre

Knowing the average house price in ME2 4 is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area

For example in February 2026, 11, Sholden Road, Wainscott, ME2 4PR sold for £425,000. Given the internal area of 101 square metres recorded on the EPC, the price per sqm is £425,000 ÷ 101 sqm = £4,207.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-). You can change your prefered units from square meters to square feet for all the graphs and charts on ME2 4 and elsewhere. Just visit the My Account page and look for the m2 to ft2 toggle switch. Alternatively just multiply everything by 10, move a decimal place to go from sqm to sqft and you'll be close enough as 1 sqm = 10.76391 sqft.

Distribution of £ per sqm for 'ME2 4' vs 'ME2'

The chart above is called a histogram, it helps you see the distribution of house price per sqm in ME2 4 To make this chart we put all the sales data into a series of £ per sqm 'buckets' (e.g. £3,603 to £3,780, £3,780 to £3,957, £3,957 to £4,134 etc...) we then count the number of sales with within in each bucket and plot the results. The histogram is based on 231 sales that took place in ME2 4, Wainscott, Rochester in the last 24 months.

Generate a custom histogram like the one above but based on your own criteria.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in ME2 4, Wainscott. Notably, only 25% of properties that sold recently were valued at more than £4,320 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of ME2 4 homes.

Box plot of £ per sqm for ME2 4

Tip: click on the chart to see the values.

The chart above is called a boxplot (or a box-and-whisker plot). Box plots, like histograms, are used to graphically represent the distribution of data, showing the central tendency, spread of the distribution. In the context of £ per square metre property price distributions, box plots represent the variation in property prices within a geographic area e.g. Wainscott. The chart above shows a boxplot for 'ME2 4' as well as the 'ME2' postcode district.

  • Median: The horizontal line inside the box represents the median (£ per square meter). This is the midpoint of the data, meaning 50% of the prices are below this value, and 50% are above. The middle price per square metre in 'ME2 4' is £3,660.
  • Interquartile Range (IQR): The box spans from the 25th percentile (Q1) to the 75th percentile (Q3). This is the range where the middle 50% of the data lies, giving a good indication of the typical price spread. Of the 231 transactions in ME2 4, Wainscott half were sold for between £3,080 and £4,320 per square metre.
  • Whiskers: In our case, the whiskers extend from the 9th percentile (at the lower end) to the 91st percentile (at the upper end), This provides a slightly broader view of the distribution by including the middle 82% of records. The whiskers capture most of the variation but exclude extreme outliers caused by data errors in recording sold house prices or internal area.
  • 'n=' is the number of property transactions the box plot is based on; 231 for ME2 4, Wainscott.

    • Property price map for Wainscott

    Have a look at the interactive price map I created for myself. Use it to explore house prices in 'Wainscott' all the way down to individual property plots.

    House price heatmap showing property values across Wainscott 🔍 Explore map ›

    Wainscott house price forecasting

    House prices in ME2 4 grew 7.7% in the last year, 4.4% after inflation. Whether or not this trend will continue depends on many factors, such as wage growth, net migration, interest rates and the level of house building. No one can predict these things with certainty however we can plot the historic trends in house prices in ME2 4 (Wainscott) compared with the wider postcode district of ME2.

    House price index for ME2 4

    Tip: click on the legend items to show/hide different lines

    Download house price index as CSV (premium users only).

    The chart above shows changes in 'ME2 4' property prices over the last 20 years. The index is calculated from the average price paid per sqm for property in ME2 4 and is set to 100 in 2004. I'm comparing the trends for ME2 4,Wainscott with the wider postcode district of ME2 What is more interesting is to look at the difference between flats and houses, even those in the same area follow a very different trend, to get a robust enough sample size to see this we need to zoom out and look at house price trends for the entire Medway local authority.

    The dashed lines show nominal house price changes, the solid lines show the same data adjusted for inflation. Economists call this the 'real' price change. You have to take inflation into account when comparing prices over time. It's calculated using the formula:

    Real Rate of Return = (1 + Nominal Rate) ÷ (1 + Inflation Rate) – 1
    In this formula, the nominal rate is the rate of change before any adjustments, and the inflation rate is taken from the Consumer Price Index. The real rate of return is a more accurate measure of change in value, because £1 today does not have the same buying power as £1 in the past. For example, if a savings account pays an interest rate of 3% per year and the inflation rate is 5% per year, the real rate of return is -2%. This means that the investment's value is shrinking by 2% each year.

    Historic returns for ME2 4
    ME2 4 sector ME2 district
    Nominal Real Nominal Real
    20 yr per annum 3.5% 0.7% 3.8% 0.9%
    20 yr total 99.1% 14.3% 109.4% 20.1%
    10 yr per annum 3.2% -0.1% 3.3% -0.1%
    10 yr total 37.5% -1.5% 37.7% -1.3%
    5 yr per annum 2.2% -2.6% 2.9% -2.0%
    5 yr total 11.6% -12.5% 15.4% -9.5%
    1 yr per annum 7.7% 4.4% 6.4% 3.1%
    1 yr total 7.7% 4.4% 6.4% 3.1%

    This table complements the house price index chart above, presenting the data in a more detailed format. It breaks down the information into 20-year, 10-year, 5-year, and 1-year periods, further categorized by property type. For each period, we display both a per annum rate of change and a total rate of change.

    The total rate of change represents the overall change over the entire period. The formula for total return is:

    Total return = (Index at end of period ÷ Index at start of period) - 1

    The per annum rate of change is the annualized rate of change over the period. This is equivalent to the annual bank savings rate you would need to achieve the same total return over the given period. This annualized return is also known as the Compound Annual Growth Rate (CAGR). The formula for CAGR is:

    CAGR = (1 + Total return) ^ (1 ÷ Number of years) - 1

    Some specific examples:

    • Over the past 20 years, ME2 4 sector have seen a 0.7% annual change when adjusted for inflation. This translates to a total change of 14.3% in real terms.
    • Over the past 5 years, ME2 district have seen a -2.0% annual change when adjusted for inflation. This translates to a total change of -9.5% in real terms.

    Most recent ME2 4 sales

    For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

    Tip: hover over dots to see details

    Street level data

    Street Avg size Avg £sqm Recent sales
    Jarrett Avenue, Wainscott, ME2 4N 85 sqm £4,241 16
    Bingham Road, Wainscott, ME2 4J 72 sqm £3,509 12
    Station Road, Wainscott, ME2 4W 61 sqm £3,045 10
    Cranmere Court, Wainscott, ME2 4S 70 sqm £4,606 9
    Frindsbury Road, Wainscott, ME2 4J 82 sqm £3,058 9
    Moat Lane, Wainscott, ME2 4G 112 sqm £4,055 9
    Grange Road, Wainscott, ME2 4D 72 sqm £3,383 9
    Galleon Way, Wainscott, ME2 4G 101 sqm £4,256 8

    Search for your street here.

    Nearby geographies

    The table below shows how 'ME2 4' compares to the other postcode sectors in ME2.

    Sector Lower quartile Median Upper quartile Sales in last 2yr
    ME7 5 Gillingham £2,560 sqm £2,980 sqm £3,280 sqm 200
    ME4 6 Chatham £2,870 sqm £3,410 sqm £3,780 sqm 263
    ME4 4 Chatham £2,670 sqm £3,240 sqm £3,730 sqm 186
    ME4 3 St Marys Island £3,570 sqm £4,150 sqm £4,510 sqm 126
    ME3 9 Hoo £3,400 sqm £3,910 sqm £4,290 sqm 317
    ME3 8 Cliffe Woods £3,820 sqm £4,240 sqm £4,620 sqm 297
    ME2 4 Wainscott £3,080 sqm £3,660 sqm £4,320 sqm 231
    ME2 3 Rochester £3,100 sqm £3,710 sqm £4,350 sqm 333
    ME2 2 Rochester £3,360 sqm £3,850 sqm £4,260 sqm 357
    ME2 1 Halling £3,660 sqm £4,150 sqm £4,930 sqm 166

    Raw data

    Our analysis of ME2 4 is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

    Address Paid sqm £/sqm
    11, Sholden Rd, Wainscott, Rochester £425,000
    Feb-2026
    		 101 4,207
    27, Jarrett Avenue, Wainscott, Rochester £355,000
    Feb-2026
    		 79 4,493
    129, Wainscott Rd, Wainscott, Rochester £285,000
    Jan-2026
    		 81 3,518

    See the entire list of all sales in ME2 4 here.

    About

    I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.