Housing Market Analysis for LUTON ROAD, ME4 5BN

Are you looking to understand ME4 5BN 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 ME4 5BN area, explore the ME4 5BN Area information page.
For comprehensive crime statistics in the ME4 5BN area, explore the ME4 5BN Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME4 5BN postcode area, The average prices are as follows,

Terraced
- The average price is around £86,784 median price is £81,500 Standard Deviation is £50,569 with Total Sold: 39
- The Last 5 Year average price is £167,500 with Total Sold: 2
- The most recent sale happened at this postcode is 235B LUTON ROAD: £155,000 (Sold on 07 Dec 2021)
- The first recorded sale happened at this postcode is 251 LUTON ROAD: £23,000 (Sold on 12 Jun 1995)
Flat
- The average price is around £240,000 median price is £240,000 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £240,000 with Total Sold: 1
- The most recent sale happened at this postcode is 265A LUTON ROAD: £240,000 (Sold on 07 Jun 2021)
- The first recorded sale happened at this postcode is 265A LUTON ROAD: £240,000 (Sold on 07 Jun 2021)
Semi-Detached
- The average price is around £65,000 median price is £65,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 257D LUTON ROAD: £65,000 (Sold on 07 Nov 2000)
- The first recorded sale happened at this postcode is 257D LUTON ROAD: £65,000 (Sold on 07 Nov 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average ME4 5BN 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
2021	£167,500	£3,222	2
2017	£180,167	£2,267	3
2016	£137,500	£2,354	1
2014	£116,000	£1,343	3
2013	£85,000	£966	1
2010	£96,000		1
2008	£107,000	£1,134	1
2007	£127,000	£1,411	1
2006	£124,667	£1,513	3
2005	£103,250	£1,227	2
2004	£102,167	£1,349	3
2002	£72,000	£758	1
2001	£56,500	£846	1
2000	£48,332	£532	3
1999	£36,620	£507	5
1997	£31,250	£495	4
1996	£31,000	£326	1
1995	£36,333	£276	3

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£240,000	£2,700	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2000	£65,000	£530	1

All the Sales in the LUTON ROAD, ME4 5BN

See the table below for more details on the sold house prices in the ME4 5BN, Medway postcode.

Address	Sold Date	Price	% Change
235B LUTON ROADTerraced, FreeholdArea: 45 Sq.mtrAge: before 1900	07 Dec 2021	£155,000	First Sale
265A LUTON ROADFlat, FreeholdArea: 88.88 Sq.mtrAge: 1950-1966	07 Jun 2021	£240,000	First Sale
271 LUTON ROADTerraced, FreeholdArea: 60 Sq.mtrAge: 1983-1990	08 Jan 2021	£180,000	350.00%
	28 Nov 1997	£40,000	First Sale
255 LUTON ROADTerraced, FreeholdArea: 88 Sq.mtrAge: before 1900	04 Aug 2017	£196,500	63.75%
	27 May 2014	£120,000	41.18%
	28 Oct 2013	£85,000	First Sale
269 LUTON ROADTerraced, FreeholdArea: 58.4 Sq.mtr	15 Jun 2017	£174,000	26.55%
	04 Mar 2016	£137,500	223.53%
	24 Sep 1999	£42,500	11.84%
	30 Jul 1997	£38,000	First Sale
265 LUTON ROADTerraced, FreeholdArea: 107 Sq.mtrAge: 1900-1929	03 Apr 2017	£170,000	36.00%
	16 Dec 2005	£125,000	First Sale
267 LUTON ROADTerraced, FreeholdArea: 63.32 Sq.mtrAge: 1976-1982	24 Nov 2014	£90,000	-21.74%
	18 Jun 2004	£115,000	First Sale
259 - 261 LUTON ROADTerraced, FreeholdArea: 110.82 Sq.mtrAge: before 1900	15 Aug 2014	£138,000	First Sale
277 LUTON ROADTerraced, Freehold	18 Oct 2010	£96,000	41.18%
277 LUTON ROADTerraced, Freehold	21 Aug 1995	£68,000	First Sale
249 LUTON ROADTerraced, FreeholdArea: 94.32 Sq.mtrAge: 1900-1929	11 Dec 2008	£107,000	-5.31%
	26 Apr 2006	£113,000	145.65%
	02 Aug 2000	£46,000	First Sale
287 LUTON ROADTerraced, FreeholdArea: 90 Sq.mtrAge: 1900-1929	26 Nov 2007	£127,000	First Sale
247A LUTON ROADTerraced, FreeholdArea: 95 Sq.mtrAge: 1900-1929	27 Nov 2006	£148,000	33.33%
	22 Jul 2004	£111,000	54.17%
	11 Jun 2002	£72,000	38.47%
	15 Dec 2000	£51,995	67.73%
	31 Jan 1996	£31,000	First Sale
247 LUTON ROADTerraced, FreeholdArea: 63.39 Sq.mtrAge: before 1900	30 Jun 2006	£113,000	38.65%
	27 May 2005	£81,500	First Sale
251 LUTON ROADTerraced, FreeholdArea: 76.33 Sq.mtrAge: 1900-1929	22 Oct 2004	£80,500	222.00%
	04 Jul 1997	£25,000	8.70%
	12 Jun 1995	£23,000	First Sale
279 LUTON ROADTerraced, FreeholdArea: 66.78 Sq.mtrAge: 1900-1929	28 Feb 2001	£56,500	139.41%
	29 Mar 1999	£23,600	First Sale
257D LUTON ROADSemi-Detached, FreeholdArea: 122.59 Sq.mtrAge: 2007 onwards	07 Nov 2000	£65,000	First Sale
289 LUTON ROADTerraced, FreeholdArea: 84 Sq.mtrAge: 1900-1929	25 Aug 2000	£47,000	First Sale
237 LUTON ROADTerraced, FreeholdArea: 103 Sq.mtrAge: 1900-1929	03 Nov 1999	£48,000	First Sale
275 LUTON ROADTerraced, FreeholdArea: 72 Sq.mtrAge: before 1900	10 Jun 1999	£34,500	56.82%
	14 Jan 1997	£22,000	22.22%
	20 Dec 1995	£18,000	First Sale
263A LUTON ROADTerraced, Freehold	03 Jun 1999	£34,500	First Sale

Check out the sold house prices near the ME4 5BN postcode. Properties currently for saleProperties currently for rent

LUTON ROAD, ME4 5BN Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME4 5BN 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 ME4 5BN postcode.

Flat
- The average price is around £80,130 median price is £76,750 Standard Deviation is £45,072 with Total Sold: 532
- The Last 5 Year average price is £135,740 with Total Sold: 75
- The most recent sale happened at this postcode is FLAT 8, FLORENCE HOUSE 130A BEACON ROAD: £114,000 (Sold on 13 Sep 2024)
- The first recorded sale happened at this postcode is , 5 CONNAUGHT MEWS: £22,000 (Sold on 27 Jan 1995)
Semi-Detached
- The average price is around £112,001 median price is £105,000 Standard Deviation is £67,602 with Total Sold: 512
- The Last 5 Year average price is £231,235 with Total Sold: 51
- The most recent sale happened at this postcode is , 2A TENNYSON ROAD: £181,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 39 HENRY STREET: £30,000 (Sold on 06 Feb 1995)
Terraced
- The average price is around £112,253 median price is £107,500 Standard Deviation is £64,978 with Total Sold: 5,672
- The Last 5 Year average price is £204,622 with Total Sold: 793
- The most recent sale happened at this postcode is , 33 TENNYSON ROAD: £237,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 7 MILTON ROAD: £43,000 (Sold on 06 Jan 1995)
Detached
- The average price is around £188,525 median price is £169,000 Standard Deviation is £133,607 with Total Sold: 106
- The Last 5 Year average price is £266,281 with Total Sold: 16
- The most recent sale happened at this postcode is , 97 CONSTITUTION ROAD: £230,000 (Sold on 19 Dec 2023)
- The first recorded sale happened at this postcode is , 138 - 140 LUTON ROAD: £57,000 (Sold on 23 Feb 1995)
Other
- The average price is around £289,908 median price is £225,000 Standard Deviation is £405,362 with Total Sold: 37
- The Last 5 Year average price is £520,071 with Total Sold: 14
- The most recent sale happened at this postcode is UNIT 4, DAJEN BUSINESS PARK SECOND AVENUE: £335,000 (Sold on 17 Nov 2023)
- The first recorded sale happened at this postcode is , 214 LUTON ROAD: £286,997 (Sold on 22 Feb 2016)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£129,167	£1,646	6
2023	£132,375	£3,083	12
2022	£155,591	£3,312	22
2021	£134,458	£2,841	12
2020	£120,318	£2,315	11
2019	£121,417	£2,103	12
2018	£107,031	£2,442	16
2017	£109,184	£2,324	19
2016	£101,704	£2,135	24
2015	£89,058	£1,845	23
2014	£77,562	£1,986	8
2013	£70,438	£1,398	8
2012	£61,800	£1,673	5
2011	£92,998	£1,473	11
2010	£79,285	£1,882	7
2009	£62,750	£1,385	4
2008	£94,318	£1,778	11
2007	£100,064	£1,809	43
2006	£81,450	£1,913	30
2005	£76,729	£1,890	25
2004	£78,488	£1,935	44
2003	£76,972	£1,536	34
2002	£48,179	£1,134	40
2001	£36,709	£815	20
2000	£33,674	£735	27
1999	£30,421	£677	19
1998	£22,291	£515	12
1997	£22,111	£440	9
1996	£22,306	£518	8
1995	£28,474	£742	10

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£249,611		9
2023	£277,000	£2,848	5
2022	£235,700	£3,171	10
2021	£239,036	£3,046	14
2020	£180,875	£2,238	4
2019	£192,722	£2,678	9
2018	£193,500	£2,557	12
2017	£183,733	£2,740	15
2016	£187,464	£2,572	14
2015	£161,833	£2,042	12
2014	£118,400	£1,514	10
2013	£143,500	£1,747	4
2012	£114,071	£1,684	14
2011	£131,167	£1,761	9
2010	£108,658	£1,593	6
2009	£109,250	£1,562	8
2008	£139,486	£1,722	14
2007	£129,935	£1,781	28
2006	£126,519	£1,889	26
2005	£120,863	£1,648	22
2004	£129,256	£1,545	30
2003	£111,801	£1,394	34
2002	£86,220	£1,137	26
2001	£68,426	£821	29
2000	£59,404	£765	19
1999	£45,782	£635	22
1998	£48,268	£563	22
1997	£39,379	£502	35
1996	£36,174	£474	33
1995	£37,147	£459	17

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£212,999	£2,742	79
2023	£233,264	£3,000	137
2022	£232,197	£3,158	127
2021	£198,204	£2,555	182
2020	£183,487	£2,357	143
2019	£173,442	£2,299	125
2018	£187,502	£2,334	171
2017	£185,134	£2,428	174
2016	£162,374	£2,218	207
2015	£138,427	£1,791	206
2014	£127,453	£1,609	176
2013	£111,360	£1,434	142
2012	£109,419	£1,400	111
2011	£98,523	£1,310	100
2010	£107,314	£1,402	97
2009	£105,297	£1,315	77
2008	£119,517	£1,632	133
2007	£127,425	£1,707	292
2006	£121,274	£1,587	264
2005	£114,106	£1,547	241
2004	£112,788	£1,444	291
2003	£96,050	£1,258	338
2002	£76,528	£994	284
2001	£58,897	£785	307
2000	£51,826	£684	309
1999	£42,515	£549	243
1998	£37,679	£494	230
1997	£35,415	£454	192
1996	£34,132	£424	152
1995	£32,024	£400	142

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£225,000	£3,966	2
2022	£308,417	£2,734	6
2021	£245,750	£2,704	4
2020	£230,000	£3,485	1
2019	£249,000	£2,724	3
2018	£699,000	£2,471	2
2017	£231,500	£2,491	8
2016	£261,625	£2,638	4
2015	£172,416	£2,172	6
2014	£85,000	£1,491	1
2013	£227,500	£2,146	2
2012	£260,500	£1,761	2
2011	£210,000	£2,204	1
2010	£174,000	£2,303	3
2009	£134,333	£1,831	3
2008	£178,500	£2,180	4
2007	£147,500	£1,981	4
2006	£181,750	£1,838	4
2005	£199,777	£1,995	9
2004	£179,988	£1,812	4
2003	£228,332	£1,847	6
2002	£123,099	£1,311	5
2001	£105,998	£1,272	5
2000	£81,000		3
1999	£60,400	£602	5
1998	£103,748	£782	2
1997	£68,000	£522	3
1996	£40,125	£191	2
1995	£47,500		2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£433,000	£7,696	2
2022	£707,500	£18,622	2
2021	£792,000	£7,574	4
2020	£580,000		2
2019	£168,000	£4,423	4
2018	£146,500	£2,230	4
2017	£133,422	£2,156	15
2016	£214,562	£1,604	4

House Type in ME4 5BN area

The most common house types in the ME4 5BN postcode area are Terraced (58), Flat (48), and Detached (14).

Total	138
Terraced	58
Flat	48
Detached	14
Shared house	8
Semi-detached	7
commercial building	2
converted building	1
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 (53), and Owned: Owns with a mortgage or loan (33).

Private rented: Private landlord or letting agency	53
Owned: Owns with a mortgage or loan	33
Owned: Owns outright	18
Social rented: Other social rented	18
Social rented: Rents from council or Local Authority	8
Private rented: Other private rented	5
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the ME4 5BN have 1 person in household (54), and 2 people in household (29).

1 person in household	54
2 people in household	29
3 people in household	25
4 people in household	14
5 people in household	7
6 people in household	5
7 people in household	3
8 or more people in household	1
0 people in household	0