Housing Market Analysis for HERMAN TERRACE, ME4 5NX

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

Overview of Sold House prices

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

Terraced
- The average price is around £108,189 median price is £119,500 Standard Deviation is £51,595 with Total Sold: 47
- The Last 5 Year average price is £175,667 with Total Sold: 9
- The most recent sale happened at this postcode is 3 HERMAN TERRACE: £180,000 (Sold on 12 Mar 2021)
- The first recorded sale happened at this postcode is 23 HERMAN TERRACE: £33,000 (Sold on 29 Sep 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average ME4 5NX 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	£168,250	£2,265	2
2020	£172,833	£2,178	3
2019	£181,500	£2,202	4
2018	£165,000	£1,919	1
2017	£152,500	£1,694	1
2016	£153,000	£1,700	1
2015	£135,000	£1,494	3
2014	£143,500	£2,297	1
2013	£119,500	£1,532	1
2012	£104,000	£1,315	2
2011	£95,000	£1,077	1
2010	£109,333	£1,308	3
2008	£113,000	£1,417	1
2007	£133,750	£1,656	2
2006	£117,612	£1,359	4
2005	£127,000	£2,496	1
2004	£88,995	£729	1
2002	£72,250	£953	2
2001	£49,289	£614	5
2000	£42,995		1
1999	£30,000	£380	1
1998	£37,998	£468	2
1997	£29,000	£333	1
1996	£26,500	£521	1
1995	£36,000	£453	2

All the Sales in the HERMAN TERRACE, ME4 5NX

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

Address	Sold Date	Price	% Change
3 HERMAN TERRACETerraced, FreeholdArea: 82 Sq.mtrAge: 1900-1929	12 Mar 2021	£180,000	620.00%
	15 Dec 2001	£25,000	First Sale
5 HERMAN TERRACETerraced, FreeholdArea: 67 Sq.mtrAge: 1900-1929	03 Feb 2021	£156,500	4.33%
	01 Feb 2019	£150,000	188.74%
	02 Apr 2001	£51,950	First Sale
9 HERMAN TERRACETerraced, FreeholdArea: 80 Sq.mtrAge: 1900-1929	19 Oct 2020	£188,500	62.50%
	14 Feb 2012	£116,000	-12.45%
	01 Jun 2007	£132,500	239.74%
	29 Sep 1995	£39,000	First Sale
2 HERMAN TERRACETerraced, FreeholdArea: 79 Sq.mtrAge: 1900-1929	25 Sep 2020	£175,000	66.67%
	08 May 2006	£105,000	183.82%
	01 May 1998	£36,995	First Sale
23 HERMAN TERRACETerraced, FreeholdArea: 79 Sq.mtrAge: 1900-1929	06 Jul 2020	£155,000	416.67%
	19 Feb 1999	£30,000	-9.09%
	29 Sep 1995	£33,000	First Sale
17 HERMAN TERRACETerraced, FreeholdArea: 86 Sq.mtrAge: 1900-1929	29 Nov 2019	£200,000	21.21%
	21 Aug 2018	£165,000	First Sale
10 HERMAN TERRACETerraced, FreeholdArea: 90 Sq.mtrAge: before 1900	12 Jul 2019	£200,000	31.15%
	14 Jul 2017	£152,500	22.49%
	01 Dec 2006	£124,500	First Sale
20 HERMAN TERRACETerraced, FreeholdArea: 87 Sq.mtrAge: 1900-1929	18 Jan 2019	£176,000	506.90%
	31 Oct 1997	£29,000	First Sale
14 HERMAN TERRACETerraced, FreeholdArea: 90 Sq.mtrAge: before 1900	08 Apr 2016	£153,000	27.50%
	20 Oct 2006	£120,000	44.58%
	05 Nov 2002	£83,000	First Sale
29 HERMAN TERRACETerraced, FreeholdArea: 122 Sq.mtrAge: 1900-1929	23 Dec 2015	£123,000	38.21%
	06 Apr 2004	£88,995	First Sale
8 HERMAN TERRACETerraced, FreeholdArea: 79 Sq.mtrAge: 1900-1929	11 Sep 2015	£125,000	108.35%
	31 Oct 2001	£59,995	First Sale
19 HERMAN TERRACETerraced, FreeholdArea: 83 Sq.mtrAge: 1900-1929	27 Jul 2015	£157,000	First Sale
12 HERMAN TERRACETerraced, FreeholdArea: 62.48 Sq.mtrAge: before 1900	07 May 2014	£143,500	79.38%
	10 Sep 2010	£80,000	30.08%
	23 Jul 2002	£61,500	First Sale
12A HERMAN TERRACETerraced, FreeholdArea: 78 Sq.mtrAge: before 1900	22 Nov 2013	£119,500	29.89%
	11 Oct 2012	£92,000	First Sale
15 HERMAN TERRACETerraced, FreeholdArea: 88.18 Sq.mtrAge: 1900-1929	02 Sep 2011	£95,000	First Sale
27 HERMAN TERRACETerraced, FreeholdArea: 108.54 Sq.mtrAge: 1900-1929	10 Sep 2010	£145,000	First Sale
25 HERMAN TERRACETerraced, Freehold	08 Apr 2010	£103,000	98.08%
25 HERMAN TERRACETerraced, Freehold	11 Apr 2001	£52,000	First Sale
11 HERMAN TERRACETerraced, FreeholdArea: 79.76 Sq.mtrAge: before 1900	22 May 2008	£113,000	First Sale
21 HERMAN TERRACETerraced, Freehold	30 Nov 2007	£135,000	First Sale
18 HERMAN TERRACETerraced, FreeholdArea: 86.93 Sq.mtrAge: before 1900	03 Nov 2006	£120,950	110.35%
	06 Apr 2001	£57,500	First Sale
30 HERMAN TERRACETerraced, FreeholdArea: 50.88 Sq.mtrAge: 1900-1929	14 Mar 2005	£127,000	379.25%
	14 Nov 1996	£26,500	First Sale
28 HERMAN TERRACETerraced, Freehold	02 Jun 2000	£42,995	First Sale
4 HERMAN TERRACETerraced, Freehold	09 Apr 1998	£39,000	First Sale

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

HERMAN TERRACE, ME4 5NX Near By properties

Interactive Map

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

Terraced
- The average price is around £112,622 median price is £107,000 Standard Deviation is £62,642 with Total Sold: 4,549
- The Last 5 Year average price is £202,912 with Total Sold: 644
- The most recent sale happened at this postcode is , 84 PORT RISE: £300,000 (Sold on 16 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 £120,750 median price is £107,500 Standard Deviation is £70,487 with Total Sold: 553
- The Last 5 Year average price is £225,029 with Total Sold: 56
- 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 , 16 BEACONSFIELD ROAD: £44,000 (Sold on 31 Jan 1995)
Flat
- The average price is around £93,959 median price is £89,500 Standard Deviation is £46,902 with Total Sold: 923
- The Last 5 Year average price is £133,696 with Total Sold: 140
- 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 , 18A NEW ROAD: £44,000 (Sold on 11 Jan 1995)
Other
- The average price is around £586,930 median price is £249,147 Standard Deviation is £1,050,722 with Total Sold: 102
- The Last 5 Year average price is £715,060 with Total Sold: 50
- 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 , 284 HIGH STREET: £330,000 (Sold on 11 Nov 2014)
Detached
- The average price is around £232,359 median price is £192,500 Standard Deviation is £177,632 with Total Sold: 72
- The Last 5 Year average price is £459,250 with Total Sold: 8
- The most recent sale happened at this postcode is , 31 CROMWELL TERRACE: £215,000 (Sold on 04 Aug 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£204,242	£2,877	45
2023	£227,754	£2,883	108
2022	£227,243	£3,071	110
2021	£195,940	£2,530	139
2020	£181,626	£2,351	112
2019	£187,021	£2,371	130
2018	£182,983	£2,358	134
2017	£170,093	£2,265	135
2016	£162,456	£2,153	164
2015	£137,864	£1,801	142
2014	£123,364	£1,577	131
2013	£115,187	£1,507	104
2012	£101,330	£1,315	61
2011	£99,129	£1,305	89
2010	£114,750	£1,487	68
2009	£102,161	£1,320	65
2008	£124,309	£1,618	117
2007	£128,604	£1,637	250
2006	£117,609	£1,563	233
2005	£116,950	£1,528	180
2004	£116,246	£1,490	232
2003	£103,190	£1,280	320
2002	£80,609	£1,025	271
2001	£57,717	£758	275
2000	£50,070	£640	223
1999	£39,182	£512	185
1998	£36,885	£487	177
1997	£39,238	£497	153
1996	£33,574	£440	92
1995	£33,271	£428	104

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£234,667	£3,833	6
2023	£260,417	£2,979	6
2022	£241,918	£3,759	11
2021	£224,375	£3,264	12
2020	£224,188	£2,349	8
2019	£191,081	£3,141	13
2018	£226,636	£3,340	11
2017	£200,341	£2,672	16
2016	£181,909	£2,936	11
2015	£153,231	£2,396	13
2014	£155,400	£1,993	10
2013	£151,700	£2,174	5
2012	£118,719	£1,732	16
2011	£156,458	£1,985	12
2010	£125,216	£1,669	9
2009	£110,875	£1,305	12
2008	£157,528	£2,068	18
2007	£127,857	£1,889	21
2006	£140,039	£2,041	36
2005	£125,763	£1,568	19
2004	£140,396	£1,815	37
2003	£125,451	£1,487	38
2002	£88,318	£1,212	28
2001	£81,733	£1,002	34
2000	£60,799	£949	15
1999	£55,235	£829	17
1998	£60,874	£868	40
1997	£48,330	£566	46
1996	£39,731	£547	21
1995	£35,542	£587	12

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£129,800	£1,464	10
2023	£146,584	£2,855	19
2022	£129,838	£2,612	37
2021	£143,738	£2,446	24
2020	£132,763	£2,250	23
2019	£123,226	£2,326	27
2018	£109,749	£2,090	39
2017	£121,493	£2,379	38
2016	£113,673	£2,321	49
2015	£87,149	£1,767	28
2014	£94,375	£1,677	29
2013	£86,433	£1,523	15
2012	£74,625	£1,433	16
2011	£113,221	£1,697	18
2010	£86,333	£1,666	6
2009	£100,333	£1,813	9
2008	£98,818	£1,859	22
2007	£110,136	£1,871	61
2006	£90,686	£1,840	35
2005	£96,943	£1,824	40
2004	£95,778	£1,958	79
2003	£100,355	£1,937	76
2002	£76,328	£1,405	53
2001	£49,308	£1,035	30
2000	£45,146	£877	27
1999	£44,942	£804	26
1998	£36,773	£723	22
1997	£39,584	£764	26
1996	£37,573	£752	13
1995	£39,907	£800	26

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£234,500		2
2023	£787,273	£3,412	11
2022	£835,833	£17,117	6
2021	£326,208	£1,977	12
2020	£748,444		9
2019	£1,095,849	£2,143	10
2018	£292,675	£4,054	16
2017	£315,673	£4,005	17
2016	£310,833		6
2015	£774,513	£4,274	11
2014	£1,840,000		2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£490,000	£3,472	3
2021	£265,000	£2,978	1
2020	£600,000	£3,509	1
2019	£446,333	£2,190	3
2018	£335,000	£3,490	1
2017	£181,500	£2,404	2
2016	£198,333	£1,933	3
2014	£196,375	£1,830	4
2013	£154,000	£1,485	3
2012	£772,000		1
2011	£241,000	£1,782	3
2009	£150,000	£2,442	1
2008	£273,100	£2,944	5
2007	£222,500	£1,876	2
2006	£266,667	£2,040	3
2005	£110,000	£1,410	1
2004	£317,986	£2,068	7
2003	£130,649	£1,503	10
2002	£166,622	£3,623	4
2001	£153,500	£1,387	8
2000	£101,500		2
1999	£68,000	£777	1
1997	£220,000		1
1995	£116,000		2

House Type in ME4 5NX area

The most common house types in the ME4 5NX postcode area are Terraced (74), Semi-detached (10), and Detached (8).

Total	103
Terraced	74
Semi-detached	10
Detached	8
Flat	4
Shared house	3
converted building	3
commercial 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 (43), and Owned: Owns with a mortgage or loan (27).

Private rented: Private landlord or letting agency	43
Owned: Owns with a mortgage or loan	27
Owned: Owns outright	21
Social rented: Other social rented	5
Private rented: Other private rented	5
Social rented: Rents from council or Local Authority	2
Shared ownership: Shared ownership	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the ME4 5NX have 3 people in household (27), and 1 person in household (24).

3 people in household	27
1 person in household	24
2 people in household	19
4 people in household	17
5 people in household	11
6 people in household	6
0 people in household	0
7 people in household	0
8 or more people in household	0