Housing Market Analysis for MELBOURNE ROAD, ME4 5PB

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £104,344 median price is £97,000 Standard Deviation is £54,481 with Total Sold: 41
    • The Last 5 Year average price is £176,438 with Total Sold: 8
    • The most recent sale happened at this postcode is 58 MELBOURNE ROAD: £205,000 (Sold on 27 Sep 2023)
    • The first recorded sale happened at this postcode is 62 MELBOURNE ROAD: £29,000 (Sold on 29 Apr 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average ME4 5PB 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£205,000 £2,887 1
2022£202,000 £2,948 2
2020£166,500 £2,416 2
2019£156,500 £2,251 3
2018£166,000 £2,075 1
2017£195,000 £2,746 1
2016£150,333 £2,181 3
2015£137,526 £1,698 1
2013£112,000 £1,400 1
2012£76,000 £1,118 1
2010£81,0001
2009£98,000 £1,438 1
2007£124,500 £1,816 2
2006£103,333 £1,474 3
2005£92,500 £1,445 1
2004£97,000 £1,492 1
2003£86,000 £1,192 2
2002£67,750 £846 2
2001£59,999 £814 4
1999£34,212 £505 4
1998£26,000 £406 1
1997£31,125 £371 2
1996£29,000 £337 1

All the Sales in the MELBOURNE ROAD, ME4 5PB

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

AddressSold DatePrice% Change
58 MELBOURNE ROADTerraced, FreeholdArea: 71 Sq.mtrAge: before 190027 Sep 2023£205,000266.07%
28 Feb 2002£56,000First Sale
68 MELBOURNE ROADTerraced, FreeholdArea: 70 Sq.mtrAge: 1900-192927 Apr 2022£209,00033.97%
06 Feb 2020£156,000First Sale
48 MELBOURNE ROADTerraced, FreeholdArea: 67 Sq.mtrAge: 1900-192914 Jan 2022£195,00027.04%
25 Nov 2016£153,50023.79%
15 Jun 2007£124,000202.44%
02 Dec 1999£41,000First Sale
46 MELBOURNE ROADTerraced, FreeholdArea: 68 Sq.mtrAge: 1900-192904 Dec 2020£177,000132.89%
14 May 2012£76,000First Sale
37 MELBOURNE ROADTerraced, FreeholdArea: 69.68 Sq.mtrAge: before 190022 Nov 2019£162,500157.94%
19 Dec 2001£63,000First Sale
29 MELBOURNE ROADTerraced, FreeholdArea: 71 Sq.mtrAge: 1900-192930 Aug 2019£142,000First Sale
52 MELBOURNE ROADTerraced, FreeholdArea: 68.14 Sq.mtrAge: before 190023 Aug 2019£165,00068.37%
11 Dec 2009£98,000First Sale
60 MELBOURNE ROADTerraced, FreeholdArea: 80 Sq.mtrAge: 1930-194901 May 2018£166,00048.21%
15 Jul 2013£112,000First Sale
27 MELBOURNE ROADTerraced, FreeholdArea: 71 Sq.mtrAge: 1900-192915 Sep 2017£195,00034.48%
12 May 2016£145,000First Sale
64 MELBOURNE ROADTerraced, FreeholdArea: 69 Sq.mtrAge: 1900-192931 Mar 2016£152,500First Sale
70 MELBOURNE ROADTerraced, FreeholdArea: 81 Sq.mtrAge: before 190009 Dec 2015£137,526395.59%
10 Oct 1997£27,750First Sale
72 MELBOURNE ROADTerraced, Leasehold29 Jan 2010£81,000First Sale
31 MELBOURNE ROADTerraced, FreeholdArea: 70.21 Sq.mtrAge: before 190019 Dec 2007£125,00020.19%
08 Mar 2006£104,00079.31%
28 Sep 2001£58,00061.11%
04 Jun 1999£36,000First Sale
54 MELBOURNE ROADTerraced, FreeholdArea: 72 Sq.mtrAge: 1930-194917 Nov 2006£110,00029.41%
22 Aug 2003£85,000First Sale
50 MELBOURNE ROADTerraced, FreeholdArea: 68 Sq.mtrAge: before 190028 Jun 2006£96,000First Sale
33 MELBOURNE ROADTerraced, FreeholdArea: 64 Sq.mtrAge: 1900-192918 Oct 2005£92,500255.77%
29 May 1998£26,000First Sale
35 MELBOURNE ROADTerraced, FreeholdArea: 65 Sq.mtrAge: before 190005 Apr 2004£97,000186.56%
11 Jun 1999£33,850First Sale
66 MELBOURNE ROADTerraced, FreeholdArea: 72.28 Sq.mtrAge: 1900-192902 May 2003£87,00035.94%
29 Aug 2001£64,000First Sale
62 MELBOURNE ROADTerraced, FreeholdArea: 86 Sq.mtrAge: 1900-192925 Oct 2002£79,50044.56%
09 Feb 2001£54,99559.41%
14 Nov 1997£34,50018.97%
29 Apr 1996£29,000First Sale
56 MELBOURNE ROADTerraced, FreeholdArea: 68.15 Sq.mtrAge: 1900-192924 Jun 1999£26,000First Sale

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

MELBOURNE ROAD, ME4 5PB Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £109,056 median price is £105,000 Standard Deviation is £58,446 with Total Sold: 5,750
    • The Last 5 Year average price is £195,689 with Total Sold: 828
    • 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 £112,556 median price is £106,748 Standard Deviation is £66,583 with Total Sold: 608
    • The Last 5 Year average price is £214,478 with Total Sold: 62
    • 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 £88,428 median price is £84,995 Standard Deviation is £42,492 with Total Sold: 770
    • The Last 5 Year average price is £120,942 with Total Sold: 106
    • 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 £494,030 median price is £200,000 Standard Deviation is £978,925 with Total Sold: 59
    • The Last 5 Year average price is £517,611 with Total Sold: 27
    • 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 £181,834 median price is £170,000 Standard Deviation is £98,372 with Total Sold: 61
    • The Last 5 Year average price is £299,500 with Total Sold: 10
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£198,379 £2,737 65
2023£219,446 £2,872 131
2022£223,600 £3,040 148
2021£189,432 £2,495 179
2020£175,627 £2,319 157
2019£174,419 £2,282 148
2018£175,622 £2,319 168
2017£169,295 £2,244 168
2016£159,437 £2,139 217
2015£132,715 £1,752 195
2014£120,069 £1,556 178
2013£108,901 £1,432 138
2012£104,192 £1,356 92
2011£98,736 £1,293 111
2010£107,814 £1,425 100
2009£100,576 £1,292 79
2008£118,009 £1,570 134
2007£124,903 £1,612 306
2006£113,787 £1,544 294
2005£110,111 £1,475 232
2004£111,376 £1,465 280
2003£99,117 £1,243 401
2002£75,537 £978 335
2001£55,186 £733 347
2000£47,397 £639 291
1999£37,678 £504 226
1998£34,366 £472 209
1997£32,157 £441 174
1996£29,869 £408 116
1995£30,343 £395 131
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£238,111 £3,833 9
2023£254,167 £2,771 6
2022£227,721 £3,469 14
2021£226,773 £3,395 11
2020£191,083 £2,412 12
2019£165,405 £2,898 10
2018£214,158 £3,035 19
2017£187,917 £2,636 18
2016£169,594 £2,728 16
2015£139,000 £2,203 13
2014£132,186 £1,717 14
2013£137,500 £1,562 4
2012£111,094 £1,711 16
2011£128,333 £1,977 12
2010£113,395 £1,671 10
2009£112,812 £1,602 16
2008£129,028 £1,754 18
2007£125,716 £1,776 28
2006£130,051 £1,894 37
2005£118,000 £1,650 25
2004£135,228 £1,695 42
2003£116,693 £1,361 41
2002£80,279 £1,103 31
2001£64,074 £857 26
2000£56,451 £781 21
1999£44,137 £631 20
1998£40,343 £576 28
1997£35,069 £488 40
1996£30,904 £475 33
1995£36,889 £566 18
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£117,125 £1,464 8
2023£128,769 £2,605 13
2022£123,333 £2,486 33
2021£119,512 £2,243 16
2020£117,367 £2,220 15
2019£117,433 £2,152 21
2018£102,163 £2,095 35
2017£109,477 £2,349 34
2016£108,192 £2,216 40
2015£88,766 £1,744 27
2014£79,524 £1,481 20
2013£73,964 £1,351 14
2012£61,000 £1,248 13
2011£111,105 £1,500 14
2010£71,000 £1,379 5
2009£61,000 £2,158 1
2008£99,738 £1,925 21
2007£108,500 £1,751 53
2006£84,000 £1,792 27
2005£89,695 £1,732 37
2004£91,195 £1,923 74
2003£99,558 £1,912 75
2002£75,125 £1,366 51
2001£43,304 £961 21
2000£34,956 £750 24
1999£34,207 £661 19
1998£29,500 £652 15
1997£35,054 £719 22
1996£36,245 £728 10
1995£33,662 £691 12
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£234,5002
2023£921,333 £3,412 6
2022£1,061,667 £17,117 3
2021£194,667 £2,558 6
2020£660,2504
2019£164,082 £2,308 6
2018£251,912 £4,054 8
2017£147,257 £3,288 13
2016£246,2504
2015£1,151,274 £4,189 6
2014£3,350,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£215,000 £3,477 1
2022£290,500 £2,882 4
2021£266,000 £2,880 3
2020£230,000 £3,485 1
2019£590,0001
2018£335,000 £3,490 1
2017£207,000 £2,661 4
2016£207,500 £2,026 2
2015£147,500 £1,657 1
2014£146,000 £1,691 2
2013£154,000 £1,485 3
2011£201,500 £1,737 2
2009£150,000 £2,442 1
2008£116,250 £1,603 2
2007£222,500 £1,876 2
2006£238,000 £1,817 4
2005£119,998 £1,572 2
2004£199,475 £2,068 4
2003£126,135 £1,433 11
2002£118,248 £942 2
2001£126,665 £1,099 3
2000£101,5002
1999£66,500 £777 2
1995£57,0001

House Type in ME4 5PB area

The most common house types in the ME4 5PB postcode area are Terraced (126), Semi-detached (15), and Detached (12).

Total170
Terraced126
Semi-detached15
Detached12
Flat9
Shared house8
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (68), and Owned: Owns with a mortgage or loan (56).

Private rented: Private landlord or letting agency68
Owned: Owns with a mortgage or loan56
Social rented: Other social rented17
Owned: Owns outright16
Private rented: Other private rented6
Shared ownership: Shared ownership4
Social rented: Rents from council or Local Authority3
Lives rent free1
Does not apply0

Number of People in a Household

The most houses in the ME4 5PB have 2 people in household (41), and 3 people in household (37).

2 people in household41
3 people in household37
4 people in household35
1 person in household29
5 people in household21
6 people in household3
7 people in household3
8 or more people in household1
0 people in household0