Housing Market Analysis for LUTON ROAD, ME4 5BU

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £107,794 median price is £101,000 Standard Deviation is £66,611 with Total Sold: 17
    • The Last 5 Year average price is £218,750 with Total Sold: 2
    • The most recent sale happened at this postcode is 286 LUTON ROAD: £247,500 (Sold on 08 Jun 2023)
    • The first recorded sale happened at this postcode is 274 LUTON ROAD: £20,000 (Sold on 30 May 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average ME4 5BU 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£247,500 £2,500 1
2019£190,000 £1,727 1
2018£214,000 £2,162 1
2017£121,000 £1,061 2
2016£167,000 £1,687 1
2014£150,0001
2012£80,000 £941 1
2009£55,000 £647 1
2007£100,000 £1,036 2
2005£117,000 £1,026 1
2001£46,0001
1999£37,498 £424 2
1998£29,0001
1995£20,0001

All the Sales in the LUTON ROAD, ME4 5BU

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

AddressSold DatePrice% Change
286 LUTON ROADTerraced, FreeholdArea: 99 Sq.mtrAge: before 190008 Jun 2023£247,50015.65%
09 Feb 2018£214,00028.14%
29 Jan 2016£167,000First Sale
278 LUTON ROADTerraced, FreeholdArea: 110 Sq.mtrAge: before 190008 Feb 2019£190,00080.95%
20 Jul 2007£105,000First Sale
284 LUTON ROADTerraced, FreeholdArea: 114 Sq.mtrAge: 1900-192906 Oct 2017£141,00039.60%
30 Aug 2017£101,000-13.68%
28 Jun 2005£117,000First Sale
290 LUTON ROADTerraced, Freehold07 Oct 2014£150,000First Sale
276 LUTON ROADTerraced, FreeholdArea: 85 Sq.mtrAge: before 190011 Oct 2012£80,00045.45%
26 Nov 2009£55,000-42.11%
02 Feb 2007£95,000163.89%
10 Mar 1999£36,000First Sale
282 LUTON ROADTerraced, Freehold24 Jul 2001£46,00017.96%
02 Jul 1999£38,99534.47%
05 Nov 1998£29,000First Sale
274 LUTON ROADTerraced, Freehold30 May 1995£20,000First Sale

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

LUTON ROAD, ME4 5BU Near By properties

Interactive Map

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

  • Flat
    • The average price is around £82,123 median price is £77,500 Standard Deviation is £47,045 with Total Sold: 650
    • The Last 5 Year average price is £137,946 with Total Sold: 93
    • 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 £109,179 median price is £103,000 Standard Deviation is £66,472 with Total Sold: 447
    • The Last 5 Year average price is £228,708 with Total Sold: 45
    • 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 £111,972 median price is £107,000 Standard Deviation is £65,666 with Total Sold: 5,039
    • The Last 5 Year average price is £204,483 with Total Sold: 715
    • 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 £200,553 median price is £180,000 Standard Deviation is £128,876 with Total Sold: 136
    • The Last 5 Year average price is £284,310 with Total Sold: 21
    • The most recent sale happened at this postcode is , 4 CAPSTONE ROAD: £275,000 (Sold on 07 Feb 2024)
    • 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 £269,636 median price is £225,000 Standard Deviation is £356,757 with Total Sold: 49
    • The Last 5 Year average price is £416,886 with Total Sold: 21
    • 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 , 21 WARD VIEW: £82,500 (Sold on 29 Apr 2013)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£118,000 £1,646 5
2023£131,967 £3,020 15
2022£144,143 £3,324 28
2021£162,167 £3,339 15
2020£124,250 £2,407 12
2019£127,776 £2,372 18
2018£119,304 £2,492 23
2017£113,732 £2,436 25
2016£103,657 £2,325 28
2015£95,753 £2,095 29
2014£87,765 £2,041 13
2013£70,438 £1,398 8
2012£93,946 £1,946 9
2011£106,878 £2,250 21
2010£78,300 £1,894 10
2009£62,750 £1,385 4
2008£94,333 £1,989 12
2007£92,418 £1,872 46
2006£80,538 £2,028 39
2005£78,456 £1,882 29
2004£76,484 £2,015 52
2003£64,988 £1,531 35
2002£49,059 £1,170 45
2001£40,161 £983 32
2000£34,483 £845 37
1999£30,894 £694 19
1998£25,678 £565 14
1997£23,278 £450 9
1996£22,837 £546 8
1995£29,724 £791 10
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£235,2005
2023£277,000 £2,848 5
2022£247,500 £3,011 8
2021£234,612 £2,907 12
2020£192,700 £2,507 5
2019£197,200 £2,744 10
2018£187,000 £2,508 11
2017£185,417 £2,563 12
2016£188,875 £2,181 12
2015£162,222 £1,830 9
2014£103,571 £1,274 7
2013£180,000 £1,643 2
2012£138,062 £1,491 8
2011£123,500 £1,630 8
2010£100,000 £1,441 5
2009£115,000 £1,730 6
2008£138,553 £1,714 15
2007£130,238 £1,812 26
2006£129,417 £1,782 18
2005£120,167 £1,541 18
2004£125,195 £1,357 23
2003£100,659 £1,353 33
2002£82,666 £1,027 26
2001£69,031 £773 27
2000£57,834 £713 17
1999£47,247 £594 21
1998£52,525 £573 16
1997£40,125 £509 32
1996£37,495 £506 33
1995£36,853 £478 17
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£214,427 £2,700 69
2023£233,266 £3,016 120
2022£231,064 £3,145 119
2021£200,309 £2,583 168
2020£178,802 £2,343 126
2019£174,693 £2,328 113
2018£190,555 £2,331 145
2017£187,710 £2,470 161
2016£163,102 £2,250 181
2015£139,467 £1,791 185
2014£129,312 £1,633 155
2013£112,013 £1,428 120
2012£112,246 £1,428 105
2011£105,054 £1,393 95
2010£104,983 £1,393 90
2009£104,007 £1,327 70
2008£117,913 £1,617 115
2007£127,977 £1,726 254
2006£122,021 £1,585 235
2005£113,521 £1,547 217
2004£110,056 £1,425 248
2003£90,563 £1,221 279
2002£72,844 £951 235
2001£59,421 £799 274
2000£52,433 £687 274
1999£42,809 £550 226
1998£38,218 £498 209
1997£35,975 £462 178
1996£34,487 £424 141
1995£32,090 £396 132
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£300,000 £3,824 2
2023£278,333 £3,975 3
2022£312,562 £3,101 8
2021£239,333 £2,613 3
2020£285,000 £3,502 2
2019£249,000 £2,724 3
2018£402,333 £3,255 9
2017£242,375 £2,594 8
2016£254,300 £2,857 5
2015£173,562 £2,261 8
2014£165,000 £2,042 3
2013£223,333 £2,004 3
2012£217,040 £2,161 12
2011£177,748 £2,183 4
2010£151,000 £2,303 2
2009£126,500 £1,526 2
2008£189,200 £2,175 5
2007£154,000 £2,041 5
2006£181,750 £1,838 4
2005£205,285 £2,092 7
2004£175,000 £1,643 3
2003£245,667 £1,775 3
2002£109,749 £1,316 4
2001£124,686 £1,261 8
2000£81,0003
1999£60,400 £602 5
1998£96,998 £986 3
1997£91,900 £629 5
1996£40,125 £191 2
1995£47,5002
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£312,750 £7,696 4
2022£367,000 £18,622 5
2021£703,600 £7,574 5
2020£580,0002
2019£198,120 £4,423 5
2018£175,786 £2,463 7
2017£142,896 £2,234 16
2016£214,562 £1,604 4
2013£82,500 £1,251 1

House Type in ME4 5BU area

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

Total138
Terraced58
Flat48
Detached14
Shared house8
Semi-detached7
commercial building2
converted building1
temporary structure0

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 agency53
Owned: Owns with a mortgage or loan33
Owned: Owns outright18
Social rented: Other social rented18
Social rented: Rents from council or Local Authority8
Private rented: Other private rented5
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

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

1 person in household54
2 people in household29
3 people in household25
4 people in household14
5 people in household7
6 people in household5
7 people in household3
8 or more people in household1
0 people in household0