Housing Market Analysis for ALBERT ROAD, ME4 5PY

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

Overview of Sold House prices

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

Terraced
- The average price is around £116,068 median price is £113,000 Standard Deviation is £51,736 with Total Sold: 32
- The Last 5 Year average price is £174,556 with Total Sold: 9
- The most recent sale happened at this postcode is 62 ALBERT ROAD: £223,500 (Sold on 02 Dec 2022)
- The first recorded sale happened at this postcode is 17 ALBERT ROAD: £37,000 (Sold on 27 Jun 1997)
Semi-Detached
- The average price is around £81,190 median price is £56,950 Standard Deviation is £57,490 with Total Sold: 5
- The Last 5 Year average price is £150,000 with Total Sold: 2
- The most recent sale happened at this postcode is 80 ALBERT ROAD: £150,000 (Sold on 12 Mar 2019)
- The first recorded sale happened at this postcode is 68 ALBERT ROAD: £20,000 (Sold on 16 Jul 1996)
Other
- The average price is around £30,000 median price is £30,000 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £30,000 with Total Sold: 1
- The most recent sale happened at this postcode is 76 ALBERT ROAD: £30,000 (Sold on 13 Apr 2023)
- The first recorded sale happened at this postcode is 76 ALBERT ROAD: £30,000 (Sold on 13 Apr 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average ME4 5PY 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
2022	£217,833	£3,189	3
2021	£163,625	£2,113	4
2020	£131,500	£1,852	2
2017	£185,000	£1,542	1
2016	£159,000	£2,373	1
2015	£106,000	£1,262	1
2014	£125,000	£1,452	1
2013	£97,500	£1,340	2
2011	£87,250	£1,368	2
2008	£116,500	£1,739	1
2006	£119,333	£1,700	3
2004	£110,000	£1,833	1
2003	£85,065	£991	3
2002	£75,995	£1,267	1
2001	£60,248	£691	2
2000	£50,500	£732	1
1999	£41,000	£612	1
1998	£34,000	£486	1
1997	£37,000	£536	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£150,000		2
2001	£56,950	£846	1
1997	£29,000	£431	1
1996	£20,000	£297	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£30,000		1

All the Sales in the ALBERT ROAD, ME4 5PY

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

Address	Sold Date	Price	% Change
62 ALBERT ROADTerraced, FreeholdArea: 74 Sq.mtrAge: before 1900	02 Dec 2022	£223,500	56.84%
	17 Nov 2021	£142,500	First Sale
60 ALBERT ROADTerraced, FreeholdArea: 60 Sq.mtrAge: 1930-1949	17 Aug 2022	£190,000	First Sale
23 ALBERT ROADTerraced, FreeholdArea: 71 Sq.mtrAge: 1900-1929	20 Jul 2022	£240,000	76.47%
	04 Nov 2020	£136,000	7.09%
	08 Sep 2020	£127,000	First Sale
25 ALBERT ROADTerraced, FreeholdArea: 70 Sq.mtrAge: before 1900	30 Jul 2021	£170,000	400.00%
	11 Dec 1998	£34,000	First Sale
27 ALBERT ROADTerraced, FreeholdArea: 101 Sq.mtrAge: 1900-1929	16 Apr 2021	£180,000	205.11%
	05 Oct 2001	£58,995	First Sale
13 ALBERT ROADTerraced, FreeholdArea: 70 Sq.mtrAge: 1900-1929	03 Mar 2021	£162,000	First Sale
80 ALBERT ROADSemi-Detached, Freehold	12 Mar 2019	£150,000	First Sale
78 ALBERT ROADSemi-Detached, Freehold	12 Mar 2019	£150,000	First Sale
64 ALBERT ROADTerraced, FreeholdArea: 120 Sq.mtrAge: 1900-1929	06 Apr 2017	£185,000	131.39%
	30 Jan 2003	£79,950	First Sale
15 ALBERT ROADTerraced, FreeholdArea: 67 Sq.mtrAge: 1900-1929	10 Jun 2016	£159,000	36.48%
	19 Feb 2008	£116,500	184.15%
	09 Dec 1999	£41,000	First Sale
19 ALBERT ROADTerraced, FreeholdArea: 84 Sq.mtrAge: 1900-1929	15 Jan 2015	£106,000	First Sale
70 ALBERT ROADTerraced, FreeholdArea: 86.09 Sq.mtrAge: before 1900	16 Jun 2014	£125,000	5.49%
	27 Jan 2006	£118,500	First Sale
17 ALBERT ROADTerraced, FreeholdArea: 69 Sq.mtrAge: 1900-1929	08 Nov 2013	£97,500	-21.05%
	01 Dec 2006	£123,500	144.55%
	14 Sep 2000	£50,500	36.49%
	27 Jun 1997	£37,000	First Sale
58 ALBERT ROADTerraced, FreeholdArea: 77 Sq.mtrAge: 1900-1929	12 Sep 2013	£97,500	14.04%
	27 Aug 2003	£85,495	39.02%
	30 Nov 2001	£61,500	First Sale
52 ALBERT ROADTerraced, FreeholdArea: 59.7 Sq.mtrAge: 1930-1949	01 Dec 2011	£92,000	-20.69%
	14 Dec 2006	£116,000	5.45%
	01 Oct 2004	£110,000	44.75%
	19 Jul 2002	£75,995	First Sale
68 ALBERT ROADTerraced, FreeholdArea: 69 Sq.mtrAge: 1900-1929	23 May 2011	£82,500	44.86%
	18 Sep 2001	£56,950	96.38%
	25 Apr 1997	£29,000	45.00%
	16 Jul 1996	£20,000	First Sale
66 ALBERT ROADTerraced, FreeholdArea: 75 Sq.mtrAge: 1900-1929	15 Jul 2003	£89,750	First Sale
76 ALBERT ROADOther, Leasehold	13 Apr 2023	£30,000	First Sale

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

ALBERT ROAD, ME4 5PY Near By properties

Interactive Map

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

Terraced
- The average price is around £112,356 median price is £107,000 Standard Deviation is £63,105 with Total Sold: 4,930
- The Last 5 Year average price is £202,898 with Total Sold: 702
- 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 , 36 PALMERSTON ROAD: £42,000 (Sold on 20 Jan 1995)
Flat
- The average price is around £104,523 median price is £107,995 Standard Deviation is £46,602 with Total Sold: 525
- The Last 5 Year average price is £153,581 with Total Sold: 70
- 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 , 26 NEWNHAM STREET: £24,000 (Sold on 16 Feb 1995)
Detached
- The average price is around £281,529 median price is £209,950 Standard Deviation is £197,707 with Total Sold: 83
- The Last 5 Year average price is £545,900 with Total Sold: 15
- The most recent sale happened at this postcode is , 112 MAIDSTONE ROAD: £600,000 (Sold on 26 Jul 2024)
- The first recorded sale happened at this postcode is , 53 MAIDSTONE ROAD: £112,000 (Sold on 11 May 1995)
Semi-Detached
- The average price is around £123,897 median price is £110,000 Standard Deviation is £78,710 with Total Sold: 756
- The Last 5 Year average price is £239,978 with Total Sold: 84
- The most recent sale happened at this postcode is , 4 CHRISTOPHER ROAD: £350,000 (Sold on 25 Jul 2024)
- The first recorded sale happened at this postcode is , 16 BEACONSFIELD ROAD: £44,000 (Sold on 31 Jan 1995)
Other
- The average price is around £377,022 median price is £222,500 Standard Deviation is £572,935 with Total Sold: 50
- The Last 5 Year average price is £399,812 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 , 172A PALMERSTON ROAD: £30,000 (Sold on 10 Dec 2014)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£204,937	£3,246	49
2023	£223,760	£3,031	114
2022	£228,181	£3,054	137
2021	£195,019	£2,651	148
2020	£182,222	£2,434	123
2019	£185,856	£2,455	131
2018	£177,898	£2,409	135
2017	£173,360	£2,345	153
2016	£171,562	£2,195	186
2015	£139,567	£1,868	154
2014	£124,977	£1,664	143
2013	£113,966	£1,559	114
2012	£103,373	£1,386	77
2011	£103,237	£1,382	88
2010	£114,612	£1,467	84
2009	£103,867	£1,373	68
2008	£123,169	£1,676	126
2007	£127,305	£1,668	265
2006	£114,367	£1,596	239
2005	£113,785	£1,555	191
2004	£115,753	£1,546	247
2003	£101,513	£1,293	340
2002	£78,439	£1,020	289
2001	£58,678	£784	292
2000	£50,069	£670	273
1999	£39,796	£543	205
1998	£35,858	£493	176
1997	£38,638	£502	169
1996	£32,677	£458	103
1995	£33,102	£438	111

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£179,250		4
2023	£177,011	£4,332	9
2022	£159,850	£3,143	20
2021	£161,000	£2,861	11
2020	£135,714	£2,386	7
2019	£132,768	£2,417	19
2018	£136,653	£2,482	18
2017	£133,192	£2,445	22
2016	£126,517	£2,644	33
2015	£96,684	£1,850	20
2014	£96,964	£1,700	14
2013	£98,773	£1,722	11
2012	£95,214	£1,898	7
2011	£127,857	£1,932	7
2010	£105,800	£2,181	10
2009	£94,125	£1,892	8
2008	£101,088	£1,905	17
2007	£116,376	£1,854	42
2006	£95,405	£1,865	21
2005	£100,029	£1,992	25
2004	£96,349	£1,873	27
2003	£106,614	£1,998	66
2002	£89,639	£1,599	35
2001	£46,592	£1,058	13
2000	£35,850	£811	10
1999	£41,504	£863	10
1998	£38,591	£757	11
1997	£41,250	£714	10
1996	£33,700	£682	5
1995	£41,376	£854	13

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£691,667		3
2023	£295,000	£3,491	2
2022	£555,667	£2,743	3
2021	£630,000	£2,423	1
2020	£600,000	£3,509	1
2019	£525,300	£2,137	5
2018	£483,333	£3,026	3
2017	£181,500	£2,404	2
2016	£160,000	£2,162	1
2015	£267,500	£2,396	4
2014	£200,400	£1,811	5
2013	£161,500	£1,711	4
2012	£495,000	£2,020	1
2011	£287,750	£1,428	4
2009	£312,500	£1,460	1
2008	£193,100	£1,894	5
2007	£222,500	£1,876	2
2006	£266,667	£2,040	3
2005	£205,000	£1,359	3
2004	£357,557	£3,961	7
2003	£175,499	£1,319	7
2002	£124,622	£1,318	4
2001	£129,333	£1,387	3
2000	£117,625	£1,278	4
1999	£68,000	£777	1
1998	£200,000	£562	1
1997	£110,000	£309	1
1996	£125,000	£342	1
1995	£112,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£240,429	£3,833	7
2023	£274,643	£3,086	7
2022	£228,922	£3,608	18
2021	£280,300	£3,280	20
2020	£227,433	£2,764	15
2019	£200,856	£3,011	17
2018	£244,636	£3,152	22
2017	£196,525	£2,867	20
2016	£189,053	£2,700	19
2015	£155,417	£2,651	12
2014	£151,173	£2,048	15
2013	£153,100	£2,113	5
2012	£129,750	£1,740	22
2011	£137,875	£1,973	12
2010	£117,140	£1,620	11
2009	£127,333	£1,504	15
2008	£137,188	£2,063	16
2007	£140,182	£2,028	33
2006	£142,844	£1,895	47
2005	£122,300	£1,623	25
2004	£138,325	£1,821	51
2003	£127,479	£1,536	48
2002	£86,462	£1,227	36
2001	£79,543	£1,062	44
2000	£63,872	£872	32
1999	£60,441	£762	29
1998	£63,698	£773	55
1997	£44,999	£567	48
1996	£38,051	£489	35
1995	£41,400	£598	20

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£706,333		3
2023	£407,000	£3,412	4
2022	£444,333	£9,489	3
2021	£206,600	£2,815	5
2020	£660,250		4
2019	£168,298	£2,548	5
2018	£299,216	£4,989	6
2017	£158,034	£4,005	10
2016	£252,500		2
2015	£332,500	£7,958	6
2014	£1,690,000	£667	2

House Type in ME4 5PY area

The most common house types in the ME4 5PY postcode area are Terraced (86), Semi-detached (23), and Detached (5).

Total	119
Terraced	86
Semi-detached	23
Detached	5
Flat	5
Shared house	0
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 (58), and Owned: Owns outright (29).

Private rented: Private landlord or letting agency	58
Owned: Owns outright	29
Owned: Owns with a mortgage or loan	25
Social rented: Rents from council or Local Authority	6
Social rented: Other social rented	1
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the ME4 5PY have 2 people in household (35), and 1 person in household (32).

2 people in household	35
1 person in household	32
3 people in household	23
4 people in household	21
5 people in household	7
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0