Housing Market Analysis for LUTON ROAD, ME4 5BX

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £102,868 median price is £107,000 Standard Deviation is £54,038 with Total Sold: 19
    • The Last 5 Year average price is £188,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 302 LUTON ROAD: £188,000 (Sold on 17 Oct 2022)
    • The first recorded sale happened at this postcode is 308 LUTON ROAD: £47,000 (Sold on 20 Dec 1995)
  • Flat
    • The average price is around £61,141 median price is £50,000 Standard Deviation is £19,997 with Total Sold: 7
    • The most recent sale happened at this postcode is 316C LUTON ROAD: £50,000 (Sold on 24 Apr 2015)
    • The first recorded sale happened at this postcode is 316C LUTON ROAD: £34,995 (Sold on 26 May 2000)
  • Detached
    • The average price is around £230,667 median price is £170,000 Standard Deviation is £106,212 with Total Sold: 3
    • The most recent sale happened at this postcode is 306 LUTON ROAD: £380,000 (Sold on 03 Jun 2005)
    • The first recorded sale happened at this postcode is 306 LUTON ROAD: £142,000 (Sold on 03 Jul 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average ME4 5BX 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
2022£188,000 £2,725 1
2017£180,000 £2,273 1
2014£143,000 £1,806 1
2010£110,000 £1,329 1
2007£162,000 £2,046 1
2005£136,400 £1,355 5
2004£105,000 £1,312 1
2003£78,500 £762 1
2001£54,498 £685 2
2000£57,000 £570 1
1997£35,000 £439 2
1996£23,000 £223 1
1995£47,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£50,000 £983 1
2005£86,500 £1,220 2
2004£77,000 £1,514 1
2002£49,995 £983 1
2000£38,998 £609 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2005£380,000 £4,750 1
2004£170,000 £2,125 1
2003£142,000 £1,775 1

All the Sales in the LUTON ROAD, ME4 5BX

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

AddressSold DatePrice% Change
302 LUTON ROADTerraced, FreeholdArea: 69 Sq.mtrAge: 1930-194917 Oct 2022£188,000First Sale
298 LUTON ROADTerraced, FreeholdArea: 79.19 Sq.mtrAge: 1900-192917 Mar 2017£180,00025.87%
24 Oct 2014£143,000-11.73%
07 Dec 2007£162,00051.40%
09 Dec 2005£107,000105.77%
27 Jul 2001£52,00073.33%
03 Apr 1997£30,000First Sale
316C LUTON ROADFlat, LeaseholdArea: 50.87 Sq.mtrAge: 1991-199524 Apr 2015£50,000-35.06%
23 Feb 2004£77,00054.02%
03 May 2002£49,99542.86%
26 May 2000£34,995First Sale
296 LUTON ROADTerraced, FreeholdArea: 82.8 Sq.mtr23 Mar 2010£110,0004.76%
30 Jun 2004£105,00084.23%
12 Apr 2001£56,99542.49%
12 Sep 1997£40,000First Sale
310 LUTON ROADTerraced, FreeholdArea: 81 Sq.mtrAge: 1900-192930 Sep 2005£120,000First Sale
314 LUTON ROADTerraced, FreeholdArea: 97 Sq.mtrAge: 1900-192928 Sep 2005£125,000First Sale
312 LUTON ROADTerraced, FreeholdArea: 100 Sq.mtrAge: 1900-192928 Sep 2005£130,000128.07%
18 Dec 2000£57,000First Sale
308 LUTON ROADTerraced, Freehold05 Sep 2005£200,000325.53%
20 Dec 1995£47,000First Sale
306 LUTON ROADDetached, FreeholdArea: 80 Sq.mtrAge: 1900-192903 Jun 2005£380,000123.53%
12 Aug 2004£170,00019.72%
03 Jul 2003£142,000First Sale
316B LUTON ROADFlat, LeaseholdArea: 81 Sq.mtrAge: 1900-192918 Feb 2005£87,000102.33%
07 Jul 2000£43,000First Sale
316A LUTON ROADFlat, LeaseholdArea: 63 Sq.mtrAge: 1900-192917 Feb 2005£86,000First Sale
304 LUTON ROADTerraced, FreeholdArea: 103 Sq.mtrAge: before 190027 Jun 2003£78,500241.30%
08 Oct 1996£23,000First Sale

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

LUTON ROAD, ME4 5BX Near By properties

Interactive Map

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

  • Flat
    • The average price is around £83,052 median price is £78,000 Standard Deviation is £48,262 with Total Sold: 622
    • The Last 5 Year average price is £138,718 with Total Sold: 94
    • 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 £116,101 median price is £110,000 Standard Deviation is £68,559 with Total Sold: 523
    • The Last 5 Year average price is £228,444 with Total Sold: 61
    • 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 , 1 OLIVER CLOSE: £28,000 (Sold on 16 Feb 1995)
  • Terraced
    • The average price is around £114,424 median price is £110,000 Standard Deviation is £66,908 with Total Sold: 4,793
    • The Last 5 Year average price is £207,487 with Total Sold: 696
    • 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 £201,004 median price is £184,000 Standard Deviation is £128,353 with Total Sold: 187
    • The Last 5 Year average price is £315,759 with Total Sold: 27
    • 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 £262,678 median price is £230,000 Standard Deviation is £336,546 with Total Sold: 47
    • The Last 5 Year average price is £394,830 with Total Sold: 20
    • 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£132,033 £2,964 15
2022£146,574 £3,371 27
2021£157,500 £3,317 18
2020£127,850 £2,560 10
2019£126,208 £2,595 19
2018£121,292 £2,587 24
2017£116,855 £2,654 22
2016£107,876 £2,470 29
2015£100,896 £2,161 24
2014£89,139 £2,141 14
2013£68,833 £1,436 6
2012£92,551 £2,010 10
2011£103,231 £2,317 15
2010£77,777 £1,938 9
2009£55,000 £1,220 2
2008£95,045 £2,113 11
2007£92,019 £1,984 36
2006£87,455 £2,291 45
2005£84,479 £1,880 24
2004£77,899 £2,069 48
2003£65,217 £1,550 34
2002£47,634 £1,131 46
2001£40,570 £1,009 31
2000£34,385 £857 36
1999£30,894 £694 19
1998£25,464 £558 14
1997£23,292 £424 12
1996£23,242 £549 7
1995£29,224 £761 10
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£250,3069
2023£275,000 £3,558 4
2022£245,944 £3,327 9
2021£226,289 £2,967 15
2020£206,643 £2,752 7
2019£207,529 £2,761 17
2018£197,562 £2,750 16
2017£185,792 £2,808 12
2016£188,300 £2,335 15
2015£171,625 £2,136 12
2014£122,875 £1,586 8
2013£142,800 £1,536 5
2012£142,786 £1,537 7
2011£121,600 £1,649 10
2010£105,857 £1,414 7
2009£113,375 £1,689 8
2008£148,971 £1,801 17
2007£138,345 £1,871 31
2006£133,524 £1,770 21
2005£128,386 £1,664 22
2004£120,196 £1,389 28
2003£101,840 £1,386 36
2002£83,808 £1,058 32
2001£70,457 £807 27
2000£62,964 £766 23
1999£48,834 £627 23
1998£53,908 £618 23
1997£40,114 £524 35
1996£38,167 £526 29
1995£37,550 £511 15
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£216,925 £2,748 61
2023£236,576 £3,030 117
2022£233,459 £3,139 121
2021£203,009 £2,597 166
2020£181,553 £2,334 124
2019£177,928 £2,337 107
2018£192,805 £2,358 139
2017£189,454 £2,468 155
2016£166,872 £2,277 180
2015£142,465 £1,824 181
2014£132,269 £1,666 149
2013£113,709 £1,444 120
2012£114,223 £1,445 98
2011£107,232 £1,422 91
2010£105,536 £1,418 83
2009£105,274 £1,345 73
2008£120,079 £1,633 108
2007£130,422 £1,744 242
2006£123,611 £1,590 225
2005£114,831 £1,545 200
2004£111,452 £1,413 222
2003£92,232 £1,229 254
2002£74,038 £964 227
2001£60,140 £803 244
2000£53,717 £697 255
1999£43,708 £555 212
1998£39,885 £509 204
1997£36,964 £475 165
1996£35,037 £424 142
1995£32,441 £406 128
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£300,000 £3,824 2
2023£278,333 £3,975 3
2022£380,550 £3,248 10
2021£272,600 £2,973 5
2020£285,000 £3,502 2
2019£270,400 £2,674 5
2018£381,000 £3,271 11
2017£256,500 £2,581 11
2016£272,062 £2,714 8
2015£178,388 £2,303 9
2014£165,000 £2,042 3
2013£222,917 £2,143 6
2012£217,105 £2,159 14
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£172,250 £2,073 8
2006£162,571 £1,659 7
2005£213,124 £2,092 8
2004£191,000 £1,703 5
2003£230,250 £1,775 4
2002£127,221 £1,409 9
2001£126,610 £1,269 9
2000£104,250 £966 8
1999£67,143 £692 7
1998£96,499 £937 4
1997£92,437 £603 8
1996£46,292 £345 6
1995£47,5002
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£312,750 £7,696 4
2022£197,000 £4,904 5
2021£703,600 £7,574 5
2020£580,0002
2019£245,650 £4,423 4
2018£175,786 £2,463 7
2017£151,867 £2,234 15
2016£214,562 £1,604 4
2013£82,500 £1,251 1

House Type in ME4 5BX area

The most common house types in the ME4 5BX postcode area are Terraced (92), Detached (13), and Flat (13).

Total142
Terraced92
Detached13
Flat13
Semi-detached9
Shared house8
commercial building5
converted building2
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (72), and Owned: Owns with a mortgage or loan (35).

Private rented: Private landlord or letting agency72
Owned: Owns with a mortgage or loan35
Owned: Owns outright23
Social rented: Other social rented5
Private rented: Other private rented4
Social rented: Rents from council or Local Authority2
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the ME4 5BX have 1 person in household (42), and 3 people in household (38).

1 person in household42
3 people in household38
2 people in household30
4 people in household20
5 people in household8
7 people in household2
0 people in household0
6 people in household0
8 or more people in household0