Housing Market Analysis for MELBOURNE ROAD, ME4 5PD

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

Overview of Sold House prices

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

Terraced
- The average price is around £94,016 median price is £100,500 Standard Deviation is £40,654 with Total Sold: 57
- The Last 5 Year average price is £152,333 with Total Sold: 3
- The most recent sale happened at this postcode is 2A MELBOURNE ROAD: £110,000 (Sold on 23 Jun 2021)
- The first recorded sale happened at this postcode is 36 MELBOURNE ROAD: £20,000 (Sold on 31 May 1996)
Semi-Detached
- The average price is around £90,000 median price is £90,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 12 MELBOURNE ROAD: £90,000 (Sold on 30 Mar 2007)
- The first recorded sale happened at this postcode is 12 MELBOURNE ROAD: £90,000 (Sold on 30 Mar 2007)
Flat
- The average price is around £68,000 median price is £68,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 2B MELBOURNE ROAD: £68,000 (Sold on 08 Sep 2006)
- The first recorded sale happened at this postcode is 2B MELBOURNE ROAD: £68,000 (Sold on 08 Sep 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average ME4 5PD 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	£110,000	£2,500	1
2019	£173,500	£2,223	2
2017	£157,000	£2,364	2
2016	£157,500	£2,079	2
2015	£113,000	£1,527	1
2014	£119,916	£1,637	6
2013	£110,000	£1,335	2
2008	£112,250	£1,462	4
2007	£123,899	£1,780	5
2006	£102,667	£1,384	3
2005	£106,550	£1,384	5
2004	£99,995	£1,201	1
2003	£92,332	£1,182	3
2002	£73,999	£993	4
2001	£58,498	£754	3
2000	£46,998	£587	2
1999	£34,238	£452	4
1998	£35,149	£462	5
1997	£36,000	£429	1
1996	£20,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2007	£90,000	£1,475	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2006	£68,000	£1,659	1

All the Sales in the MELBOURNE ROAD, ME4 5PD

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

Address	Sold Date	Price	% Change
2A MELBOURNE ROADTerraced, FreeholdArea: 44 Sq.mtrAge: 1900-1929	23 Jun 2021	£110,000	First Sale
4 MELBOURNE ROADTerraced, FreeholdArea: 70 Sq.mtrAge: before 1900	18 Oct 2019	£172,000	4.24%
	23 Feb 2016	£165,000	26.93%
	31 Aug 2007	£129,995	First Sale
7 MELBOURNE ROADTerraced, FreeholdArea: 88 Sq.mtrAge: 1900-1929	16 May 2019	£175,000	40.00%
	12 Dec 2013	£125,000	7.99%
	17 Oct 2005	£115,750	16.93%
	21 Oct 2003	£98,995	141.45%
	30 Jan 1998	£41,000	First Sale
8 MELBOURNE ROADTerraced, FreeholdArea: 68 Sq.mtrAge: 1900-1929	21 Dec 2017	£151,000	48.04%
	20 Sep 2005	£102,000	70.00%
	15 Nov 2001	£60,000	First Sale
28 MELBOURNE ROADTerraced, FreeholdArea: 65 Sq.mtrAge: 1900-1929	24 Jul 2017	£163,000	First Sale
3 MELBOURNE ROADTerraced, FreeholdArea: 83.27 Sq.mtrAge: 1900-1929	04 Nov 2016	£150,000	30.43%
	20 Jun 2014	£115,000	15.01%
	30 Jun 2004	£99,995	80.17%
	06 Apr 2001	£55,500	35.37%
	29 Jan 1999	£41,000	First Sale
14 MELBOURNE ROADTerraced, FreeholdArea: 74 Sq.mtrAge: before 1900	29 May 2015	£113,000	34.52%
	14 Nov 2003	£84,000	First Sale
22 MELBOURNE ROADTerraced, FreeholdArea: 74 Sq.mtrAge: 1900-1929	19 Dec 2014	£140,000	12.00%
	07 Nov 2007	£125,000	54.32%
	20 Sep 2002	£81,000	224.00%
	01 Oct 1999	£25,000	First Sale
9 MELBOURNE ROADTerraced, FreeholdArea: 84 Sq.mtrAge: 1900-1929	09 Oct 2014	£110,000	-10.93%
	24 Jul 2008	£123,500	243.06%
	31 Oct 1997	£36,000	First Sale
10 MELBOURNE ROADTerraced, FreeholdArea: 61 Sq.mtrAge: 1900-1929	16 Jul 2014	£121,500	First Sale
34 MELBOURNE ROADTerraced, FreeholdArea: 77 Sq.mtrAge: 1900-1929	19 Jun 2014	£119,995	10.09%
	19 Aug 2005	£109,000	15.96%
	16 Jun 2003	£94,000	First Sale
26 MELBOURNE ROADTerraced, FreeholdArea: 67 Sq.mtrAge: 1900-1929	21 Mar 2014	£113,000	-3.83%
	05 Apr 2007	£117,500	38.24%
	25 Jul 2006	£85,000	First Sale
40 MELBOURNE ROADTerraced, FreeholdArea: 76 Sq.mtrAge: before 1900	21 Jan 2013	£95,000	93.90%
	25 Aug 2000	£48,995	First Sale
42 MELBOURNE ROADTerraced, FreeholdArea: 71 Sq.mtrAge: 1900-1929	27 Aug 2008	£115,000	228.62%
	27 Nov 1998	£34,995	First Sale
30 MELBOURNE ROADTerraced, FreeholdArea: 68 Sq.mtrAge: before 1900	07 Aug 2008	£96,000	197.67%
	14 Aug 1998	£32,250	First Sale
19 MELBOURNE ROADTerraced, FreeholdArea: 85 Sq.mtrAge: 1900-1929	19 May 2008	£114,500	3.15%
	19 Sep 2005	£111,000	38.75%
	18 Oct 2002	£80,000	77.78%
	25 Feb 2000	£45,000	12.50%
	28 Aug 1998	£40,000	First Sale
15 MELBOURNE ROADTerraced, FreeholdArea: 75 Sq.mtrAge: 1900-1929	25 May 2007	£128,000	First Sale
24 MELBOURNE ROADTerraced, FreeholdArea: 68 Sq.mtrAge: 1900-1929	11 Apr 2007	£119,000	260.61%
	22 Apr 1999	£33,000	20.00%
	18 Jun 1998	£27,500	First Sale
12 MELBOURNE ROADSemi-Detached, FreeholdArea: 61 Sq.mtrAge: 1900-1929	30 Mar 2007	£90,000	First Sale
36 MELBOURNE ROADTerraced, Freehold	29 Nov 2006	£122,500	28.95%
	21 Jun 2005	£95,000	375.00%
	31 May 1996	£20,000	First Sale
2B MELBOURNE ROADFlat, FreeholdArea: 41 Sq.mtrAge: before 1900	08 Sep 2006	£68,000	First Sale
6 MELBOURNE ROADTerraced, FreeholdArea: 71.98 Sq.mtrAge: before 1900	23 Jun 2006	£100,500	First Sale
16 MELBOURNE ROADTerraced, FreeholdArea: 64 Sq.mtrAge: 1900-1929	23 Aug 2002	£65,000	First Sale
23 MELBOURNE ROADTerraced, FreeholdArea: 75.92 Sq.mtrAge: before 1900	05 Jul 2002	£69,995	First Sale
13 MELBOURNE ROADTerraced, FreeholdArea: 84 Sq.mtrAge: before 1900	15 Oct 2001	£59,995	First Sale
38 MELBOURNE ROADTerraced, FreeholdArea: 77 Sq.mtrAge: before 1900	10 Dec 1999	£37,950	First Sale

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

MELBOURNE ROAD, ME4 5PD Near By properties

Interactive Map

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

Terraced
- The average price is around £109,746 median price is £105,000 Standard Deviation is £59,302 with Total Sold: 5,566
- The Last 5 Year average price is £196,654 with Total Sold: 800
- 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 £116,503 median price is £107,000 Standard Deviation is £67,555 with Total Sold: 643
- The Last 5 Year average price is £219,810 with Total Sold: 65
- 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 £91,362 median price is £86,995 Standard Deviation is £45,105 with Total Sold: 859
- The Last 5 Year average price is £129,373 with Total Sold: 122
- 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 £529,860 median price is £225,000 Standard Deviation is £933,880 with Total Sold: 80
- The Last 5 Year average price is £589,802 with Total Sold: 38
- 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 £191,552 median price is £170,995 Standard Deviation is £136,171 with Total Sold: 65
- The Last 5 Year average price is £324,714 with Total Sold: 7
- 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	£202,129	£2,737	67
2023	£220,313	£2,893	126
2022	£224,061	£3,037	143
2021	£190,369	£2,519	163
2020	£175,256	£2,339	148
2019	£176,553	£2,336	153
2018	£175,612	£2,335	166
2017	£171,107	£2,286	168
2016	£160,449	£2,157	195
2015	£136,523	£1,793	183
2014	£121,442	£1,585	168
2013	£111,964	£1,478	126
2012	£103,318	£1,345	79
2011	£98,400	£1,300	110
2010	£109,326	£1,436	89
2009	£101,598	£1,320	76
2008	£121,708	£1,615	133
2007	£125,916	£1,632	300
2006	£113,730	£1,547	282
2005	£111,989	£1,501	221
2004	£112,269	£1,479	276
2003	£100,107	£1,263	375
2002	£77,115	£1,001	327
2001	£56,447	£752	337
2000	£48,645	£646	289
1999	£38,231	£510	226
1998	£35,166	£479	207
1997	£37,300	£490	184
1996	£32,131	£423	122
1995	£32,254	£416	127

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£234,667	£3,833	6
2023	£261,786	£2,992	7
2022	£236,238	£3,642	13
2021	£223,115	£3,234	13
2020	£195,667	£2,548	12
2019	£194,825	£3,133	14
2018	£214,950	£3,072	20
2017	£188,469	£2,701	16
2016	£173,088	£2,755	17
2015	£148,267	£2,322	15
2014	£142,167	£1,952	12
2013	£151,700	£2,174	5
2012	£105,536	£1,720	14
2011	£133,300	£2,034	10
2010	£120,177	£1,745	11
2009	£111,969	£1,492	16
2008	£144,659	£1,980	22
2007	£130,465	£1,908	29
2006	£138,305	£2,017	39
2005	£121,065	£1,588	23
2004	£134,407	£1,684	42
2003	£122,875	£1,485	41
2002	£86,771	£1,185	31
2001	£77,410	£969	34
2000	£60,814	£905	19
1999	£48,656	£693	24
1998	£57,456	£795	47
1997	£43,568	£573	44
1996	£35,128	£522	30
1995	£35,912	£559	17

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£135,333	£1,464	9
2023	£143,061	£2,856	18
2022	£131,676	£2,644	37
2021	£128,800	£2,335	19
2020	£112,441	£2,103	16
2019	£124,874	£2,294	23
2018	£107,465	£2,076	37
2017	£114,149	£2,329	35
2016	£108,363	£2,221	42
2015	£87,149	£1,767	28
2014	£84,854	£1,603	24
2013	£83,735	£1,490	17
2012	£71,300	£1,402	15
2011	£111,469	£1,717	17
2010	£86,333	£1,666	6
2009	£94,125	£1,892	8
2008	£99,143	£1,867	21
2007	£109,674	£1,840	59
2006	£90,428	£1,825	35
2005	£96,634	£1,859	39
2004	£91,824	£1,934	77
2003	£100,387	£1,926	75
2002	£77,243	£1,404	51
2001	£47,214	£1,026	24
2000	£38,106	£832	23
1999	£38,704	£777	22
1998	£36,238	£734	21
1997	£38,933	£764	27
1996	£38,204	£744	12
1995	£40,038	£816	22

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£234,500		2
2023	£1,003,500	£3,412	8
2022	£703,600	£13,172	5
2021	£358,111	£2,558	9
2020	£881,571		7
2019	£143,356	£2,308	7
2018	£233,676	£4,054	13
2017	£295,722	£3,288	15
2016	£246,250		4
2015	£979,705	£7,958	8
2014	£1,840,000		2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£215,000	£3,477	1
2022	£440,000	£1,905	1
2021	£266,000	£2,880	3
2020	£230,000	£3,485	1
2019	£590,000		1
2018	£335,000	£3,490	1
2017	£199,333	£2,706	3
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	£155,167	£1,853	3
2007	£222,500	£1,876	2
2006	£238,000	£1,817	4
2005	£110,000	£1,410	1
2004	£317,986	£2,068	7
2003	£130,649	£1,503	10
2002	£113,830	£1,318	3
2001	£137,285	£1,243	7
2000	£101,500		2
1999	£66,500	£777	2
1995	£116,000		2

House Type in ME4 5PD area

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

Total	170
Terraced	126
Semi-detached	15
Detached	12
Flat	9
Shared house	8
converted building	0
commercial building	0
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 (68), and Owned: Owns with a mortgage or loan (56).

Private rented: Private landlord or letting agency	68
Owned: Owns with a mortgage or loan	56
Social rented: Other social rented	17
Owned: Owns outright	16
Private rented: Other private rented	6
Shared ownership: Shared ownership	4
Social rented: Rents from council or Local Authority	3
Lives rent free	1
Does not apply	0

Number of People in a Household

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

2 people in household	41
3 people in household	37
4 people in household	35
1 person in household	29
5 people in household	21
6 people in household	3
7 people in household	3
8 or more people in household	1
0 people in household	0