Housing Market Analysis for PALMERSTON ROAD, ME4 5SL

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £101,961 median price is £79,995 Standard Deviation is £81,030 with Total Sold: 13
    • The Last 5 Year average price is £212,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 86 PALMERSTON ROAD: £295,000 (Sold on 18 May 2022)
    • The first recorded sale happened at this postcode is 88 PALMERSTON ROAD: £15,000 (Sold on 24 May 1996)
  • Flat
    • The average price is around £87,500 median price is £87,500 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 88A PALMERSTON ROAD: £87,500 (Sold on 06 Sep 2018)
    • The first recorded sale happened at this postcode is 88A PALMERSTON ROAD: £87,500 (Sold on 06 Sep 2018)
  • Semi-Detached
    • The average price is around £125,000 median price is £125,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 88 PALMERSTON ROAD: £125,000 (Sold on 09 May 2006)
    • The first recorded sale happened at this postcode is 88 PALMERSTON ROAD: £125,000 (Sold on 09 May 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average ME4 5SL 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
2022£295,000 £2,418 1
2021£130,000 £2,241 1
2018£251,500 £2,515 1
2015£125,000 £1,736 1
2008£82,000 £1,242 1
2004£105,000 £1,458 1
2002£79,7482
2001£58,0001
1999£35,000 £999 1
1998£36,5001
1997£33,000 £270 1
1996£15,000 £428 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£87,500 £2,500 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£125,000 £3,567 1

All the Sales in the PALMERSTON ROAD, ME4 5SL

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

AddressSold DatePrice% Change
86 PALMERSTON ROADTerraced, FreeholdArea: 122 Sq.mtrAge: 1930-194918 May 2022£295,000793.94%
10 Jan 1997£33,000First Sale
78 PALMERSTON ROADTerraced, FreeholdArea: 58 Sq.mtrAge: 1930-194924 Aug 2021£130,000First Sale
27 PALMERSTON ROADTerraced, FreeholdArea: 100 Sq.mtrAge: 1900-192928 Nov 2018£251,500First Sale
88A PALMERSTON ROADFlat, LeaseholdArea: 35 Sq.mtrAge: 1950-196606 Sep 2018£87,500First Sale
90 PALMERSTON ROADTerraced, FreeholdArea: 72 Sq.mtrAge: 1900-192927 Jul 2015£125,00019.05%
20 Oct 2004£105,000First Sale
80 PALMERSTON ROADTerraced, FreeholdArea: 66 Sq.mtrAge: 1930-194922 Sep 2008£82,000First Sale
88 PALMERSTON ROADSemi-Detached, FreeholdArea: 35.04 Sq.mtrAge: 1930-194909 May 2006£125,000257.14%
23 Jul 1999£35,000133.33%
24 May 1996£15,000First Sale
82 PALMERSTON ROADTerraced, Freehold30 Aug 2002£79,500First Sale
84 PALMERSTON ROADTerraced, Freehold02 Aug 2002£79,99537.92%
14 Dec 2001£58,00058.90%
12 Jun 1998£36,500First Sale

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

PALMERSTON ROAD, ME4 5SL Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £118,109 median price is £111,000 Standard Deviation is £67,099 with Total Sold: 4,546
    • The Last 5 Year average price is £213,251 with Total Sold: 669
    • 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 , 315 DALE STREET: £24,500 (Sold on 06 Jan 1995)
  • Flat
    • The average price is around £108,110 median price is £111,995 Standard Deviation is £40,793 with Total Sold: 454
    • The Last 5 Year average price is £153,820 with Total Sold: 71
    • 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 , 36 PORT RISE: £49,000 (Sold on 17 Feb 1995)
  • Detached
    • The average price is around £272,413 median price is £210,000 Standard Deviation is £187,551 with Total Sold: 91
    • The Last 5 Year average price is £524,100 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 £128,737 median price is £116,000 Standard Deviation is £80,545 with Total Sold: 749
    • The Last 5 Year average price is £247,068 with Total Sold: 91
    • 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 £494,594 median price is £245,000 Standard Deviation is £841,125 with Total Sold: 28
    • The Last 5 Year average price is £674,114 with Total Sold: 16
    • The most recent sale happened at this postcode is ST JOHN FISHER CATHOLIC SCHOOL, 79 MAIDSTONE ROAD: £1,650,000 (Sold on 22 Mar 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£227,540 £2,949 35
2023£231,733 £2,983 110
2022£235,122 £3,072 129
2021£206,646 £2,690 152
2020£195,178 £2,480 111
2019£195,492 £2,420 132
2018£182,846 £2,412 133
2017£180,577 £2,361 141
2016£183,578 £2,272 165
2015£146,761 £1,898 154
2014£134,131 £1,721 130
2013£120,092 £1,579 98
2012£114,302 £1,390 80
2011£111,135 £1,413 88
2010£117,625 £1,482 78
2009£107,618 £1,410 73
2008£127,115 £1,661 110
2007£133,540 £1,696 230
2006£120,484 £1,585 210
2005£117,651 £1,550 158
2004£121,534 £1,544 219
2003£106,722 £1,320 285
2002£82,336 £1,039 268
2001£62,142 £796 276
2000£52,242 £668 242
1999£42,114 £538 202
1998£38,015 £500 171
1997£42,069 £520 157
1996£34,726 £454 101
1995£35,426 £440 108
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£156,5006
2023£169,110 £3,770 10
2022£163,737 £3,212 19
2021£152,962 £2,843 13
2020£148,333 £2,535 6
2019£135,388 £2,375 17
2018£146,250 £2,606 15
2017£147,483 £2,613 16
2016£124,637 £2,383 26
2015£109,100 £2,025 15
2014£98,033 £1,769 15
2013£100,818 £1,768 11
2012£99,417 £1,960 6
2011£114,000 £2,219 4
2010£109,455 £2,180 11
2009£97,778 £1,805 9
2008£106,045 £1,989 11
2007£113,492 £2,096 26
2006£101,278 £1,831 18
2005£109,052 £1,983 19
2004£106,116 £1,930 21
2003£108,663 £2,014 65
2002£90,952 £1,614 34
2001£48,517 £1,084 11
2000£38,812 £865 8
1999£40,404 £843 10
1998£42,889 £818 9
1997£46,929 £810 7
1996£32,650 £465 5
1995£44,717 £883 11
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£691,6673
2023£295,000 £3,491 2
2022£950,000 £2,632 1
2021£402,500 £2,774 4
2020£600,000 £3,509 1
2019£509,125 £2,137 4
2018£483,333 £3,026 3
2017£217,500 £2,536 2
2016£316,667 £2,607 3
2015£239,286 £2,244 7
2014£217,400 £1,951 5
2013£165,333 £1,672 3
2012£317,500 £1,755 2
2011£319,333 £1,507 3
2010£222,500 £2,193 2
2009£312,500 £1,460 1
2008£193,100 £1,894 5
2007£222,500 £1,942 2
2006£170,000 £1,828 2
2005£215,625 £1,329 4
2004£357,557 £3,961 7
2003£212,048 £1,438 5
2002£151,797 £1,847 5
2001£112,000 £1,366 2
2000£105,124 £1,278 4
1999£72,667 £798 3
1998£200,000 £562 1
1997£83,330 £583 3
1996£125,000 £342 1
1995£112,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£240,429 £3,833 7
2023£306,071 £3,285 7
2022£232,287 £3,732 16
2021£281,217 £3,247 23
2020£239,026 £2,771 19
2019£206,924 £2,949 19
2018£240,773 £2,967 22
2017£210,368 £2,858 19
2016£185,722 £2,643 18
2015£165,357 £2,588 14
2014£149,507 £2,068 15
2013£163,812 £1,895 8
2012£135,380 £1,742 25
2011£124,950 £1,531 10
2010£125,754 £1,669 10
2009£134,139 £1,516 18
2008£138,479 £2,115 14
2007£146,028 £2,034 32
2006£145,926 £1,863 45
2005£124,104 £1,608 24
2004£139,471 £1,864 48
2003£131,532 £1,624 46
2002£87,553 £1,239 36
2001£81,160 £1,093 44
2000£63,513 £902 33
1999£64,540 £857 25
1998£64,489 £802 56
1997£47,559 £608 42
1996£38,994 £491 35
1995£43,263 £616 19
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,650,0001
2023£407,000 £3,412 4
2022£1,874,333 £25,279 3
2021£234,333 £4,091 3
2020£233,3331
2019£237,123 £2,651 4
2018£380,074 £6,682 4
2017£133,125 £2,229 4
2015£326,667 £8,728 3
2014£30,000 £667 1

House Type in ME4 5SL area

The most common house types in the ME4 5SL postcode area are Terraced (62), Semi-detached (29), and Detached (4).

Total99
Terraced62
Semi-detached29
Detached4
Shared house3
Flat1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (41), and Owned: Owns with a mortgage or loan (21).

Social rented: Other social rented41
Owned: Owns with a mortgage or loan21
Private rented: Private landlord or letting agency16
Owned: Owns outright13
Social rented: Rents from council or Local Authority8
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the ME4 5SL have 1 person in household (24), and 4 people in household (23).

1 person in household24
4 people in household23
2 people in household20
3 people in household17
5 people in household9
6 people in household7
0 people in household0
7 people in household0
8 or more people in household0