Housing Market Analysis for BANK STREET, ME4 5LB

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £153,000 median price is £92,000 Standard Deviation is £118,497 with Total Sold: 5
    • The most recent sale happened at this postcode is 2A BANK STREET: £92,000 (Sold on 06 Sep 2018)
    • The first recorded sale happened at this postcode is FLAT 1, BANKSIDE HOUSE BANK STREET: £154,000 (Sold on 21 Sep 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average ME4 5LB 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£92,000 £1,736 1
2017£92,000 £1,736 1
2014£47,000 £887 1
2007£267,0002

All the Sales in the BANK STREET, ME4 5LB

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

AddressSold DatePrice% Change
2A BANK STREETFlat, LeaseholdArea: 53 Sq.mtrAge: 1900-192906 Sep 2018£92,0000.0
14 Aug 2017£92,00095.74%
09 May 2014£47,000First Sale
FLAT 4, BANKSIDE HOUSE BANK STREETFlat, Freehold21 Sep 2007£380,000First Sale
FLAT 1, BANKSIDE HOUSE BANK STREETFlat, Leasehold21 Sep 2007£154,000First Sale

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

BANK STREET, ME4 5LB Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £110,104 median price is £106,000 Standard Deviation is £63,451 with Total Sold: 4,922
    • The Last 5 Year average price is £195,368 with Total Sold: 706
    • The most recent sale happened at this postcode is , 7 OTWAY STREET: £206,500 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , 38 THOROLD ROAD: £39,995 (Sold on 13 Jan 1995)
  • Semi-Detached
    • The average price is around £112,379 median price is £105,000 Standard Deviation is £67,973 with Total Sold: 450
    • The Last 5 Year average price is £209,226 with Total Sold: 47
    • The most recent sale happened at this postcode is , 6 LONGHILL AVENUE: £280,000 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is , 39 HENRY STREET: £30,000 (Sold on 06 Feb 1995)
  • Flat
    • The average price is around £89,111 median price is £84,250 Standard Deviation is £43,276 with Total Sold: 754
    • The Last 5 Year average price is £124,246 with Total Sold: 107
    • The most recent sale happened at this postcode is , 33 MARY COURT: £170,000 (Sold on 01 Aug 2024)
    • The first recorded sale happened at this postcode is FLAT 10, PEMBROKE COURT, 397 HIGH STREET: £35,500 (Sold on 27 Jan 1995)
  • Other
    • The average price is around £531,970 median price is £225,000 Standard Deviation is £1,008,655 with Total Sold: 58
    • The Last 5 Year average price is £608,250 with Total Sold: 24
    • The most recent sale happened at this postcode is , 24 MILLS TERRACE: £205,000 (Sold on 24 May 2024)
    • The first recorded sale happened at this postcode is , 326 HIGH STREET: £3,350,000 (Sold on 19 Dec 2014)
  • Detached
    • The average price is around £187,060 median price is £173,000 Standard Deviation is £97,419 with Total Sold: 77
    • The Last 5 Year average price is £294,367 with Total Sold: 15
    • 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)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£197,793 £2,697 62
2023£222,885 £2,832 109
2022£222,132 £3,020 117
2021£188,413 £2,453 146
2020£176,308 £2,290 140
2019£175,689 £2,290 132
2018£178,230 £2,262 146
2017£179,328 £2,348 149
2016£159,985 £2,122 186
2015£135,037 £1,765 168
2014£119,975 £1,546 152
2013£108,786 £1,412 111
2012£105,403 £1,343 82
2011£96,998 £1,290 90
2010£107,988 £1,384 80
2009£100,846 £1,299 66
2008£119,278 £1,574 123
2007£126,204 £1,606 265
2006£114,966 £1,539 248
2005£112,287 £1,495 189
2004£113,656 £1,448 242
2003£102,722 £1,259 342
2002£77,029 £988 279
2001£55,846 £732 287
2000£47,916 £634 242
1999£38,112 £499 201
1998£34,626 £466 187
1997£33,216 £440 161
1996£31,034 £405 98
1995£30,446 £389 122
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£238,111 £3,833 9
2023£233,750 £2,607 4
2022£220,610 £3,771 10
2021£218,438 £2,999 8
2020£192,167 £2,224 6
2019£164,905 £2,859 10
2018£213,833 £2,871 12
2017£188,688 £2,697 16
2016£180,045 £2,851 11
2015£147,455 £2,027 11
2014£137,600 £1,865 5
2013£129,667 £1,626 3
2012£91,875 £1,812 8
2011£137,682 £2,080 11
2010£114,390 £1,577 5
2009£106,200 £1,466 10
2008£136,281 £1,706 16
2007£127,930 £1,745 21
2006£128,227 £1,862 26
2005£114,763 £1,609 19
2004£136,619 £1,678 35
2003£129,168 £1,433 28
2002£80,068 £1,058 21
2001£62,191 £780 23
2000£54,653 £820 13
1999£44,734 £601 16
1998£41,560 £520 19
1997£35,064 £483 35
1996£29,702 £433 24
1995£36,100 £460 15
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£120,778 £1,464 9
2023£132,933 £2,589 15
2022£127,300 £2,555 30
2021£127,067 £2,247 18
2020£115,070 £2,102 15
2019£119,055 £2,221 20
2018£101,241 £2,053 34
2017£107,646 £2,331 29
2016£107,428 £2,217 39
2015£88,229 £1,754 27
2014£78,526 £1,518 19
2013£71,962 £1,388 13
2012£61,000 £1,248 13
2011£105,217 £1,483 16
2010£71,000 £1,379 5
2009£61,000 £2,158 1
2008£100,368 £1,936 19
2007£109,240 £1,741 50
2006£85,643 £1,832 28
2005£90,567 £1,736 33
2004£92,012 £1,912 77
2003£99,647 £1,921 75
2002£73,627 £1,334 54
2001£43,339 £955 19
2000£36,447 £762 20
1999£33,938 £689 17
1998£30,536 £660 14
1997£35,054 £719 22
1996£36,586 £739 11
1995£34,954 £712 12
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£234,5002
2023£1,027,5004
2022£1,061,667 £17,117 3
2021£516,000 £6,011 7
2020£660,2504
2019£145,250 £2,784 4
2018£246,029 £3,676 10
2017£174,695 £3,288 12
2016£253,6666
2015£1,365,528 £5,220 5
2014£3,350,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£221,667 £3,721 3
2022£329,100 £2,762 5
2021£245,750 £2,704 4
2020£230,000 £3,485 1
2019£446,000 £2,397 2
2018£254,000 £2,981 2
2017£227,833 £2,464 6
2016£250,000 £2,272 4
2015£147,500 £1,657 1
2014£146,000 £1,691 2
2013£140,667 £1,567 3
2011£201,500 £1,737 2
2009£150,000 £2,442 1
2008£169,500 £1,701 2
2007£275,000 £1,809 1
2006£264,000 £1,811 3
2005£147,400 £1,496 5
2004£169,300 £2,068 3
2003£130,649 £1,503 10
2002£135,124 £1,503 4
2001£114,498 £1,272 6
2000£101,5002
1999£68,750 £788 2
1997£62,0001
1996£54,2501
1995£57,0001

House Type in ME4 5LB area

The most common house types in the ME4 5LB postcode area are Terraced (58), Shared house (52), and Flat (41).

Total187
Terraced58
Shared house52
Flat41
Semi-detached12
commercial building10
converted building9
Detached5
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (108), and Owned: Owns with a mortgage or loan (27).

Private rented: Private landlord or letting agency108
Owned: Owns with a mortgage or loan27
Social rented: Other social rented20
Owned: Owns outright15
Private rented: Other private rented12
Social rented: Rents from council or Local Authority3
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the ME4 5LB have 1 person in household (67), and 2 people in household (54).

1 person in household67
2 people in household54
4 people in household30
3 people in household21
5 people in household12
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0