Housing Market Analysis for PALMERSTON ROAD, ME4 5SR

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

Overview of Sold House prices

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

Other
- The average price is around £290,000 median price is £290,000 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £290,000 with Total Sold: 1
- The most recent sale happened at this postcode is 27A PALMERSTON ROAD: £290,000 (Sold on 16 Mar 2023)
- The first recorded sale happened at this postcode is 27A PALMERSTON ROAD: £290,000 (Sold on 16 Mar 2023)
Terraced
- The average price is around £105,601 median price is £95,000 Standard Deviation is £59,470 with Total Sold: 44
- The Last 5 Year average price is £212,214 with Total Sold: 7
- The most recent sale happened at this postcode is 62 PALMERSTON ROAD: £250,000 (Sold on 16 Sep 2022)
- The first recorded sale happened at this postcode is 36 PALMERSTON ROAD: £42,000 (Sold on 20 Jan 1995)
Semi-Detached
- The average price is around £88,106 median price is £82,250 Standard Deviation is £50,042 with Total Sold: 8
- The most recent sale happened at this postcode is 72 PALMERSTON ROAD: £150,000 (Sold on 03 Dec 2018)
- The first recorded sale happened at this postcode is 72 PALMERSTON ROAD: £34,000 (Sold on 15 Aug 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average ME4 5SR 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: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£290,000	£3,412	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£247,500	£3,494	2
2021	£197,833	£2,738	3
2020	£198,500	£3,240	2
2016	£154,000	£2,074	4
2014	£111,332	£1,761	3
2012	£119,000	£1,239	1
2011	£86,000	£1,239	1
2010	£97,500	£1,368	2
2009	£118,000	£1,815	1
2007	£122,000	£1,794	1
2006	£118,000	£1,573	1
2005	£100,999	£1,362	4
2003	£87,000	£1,320	2
2002	£71,748	£834	2
2001	£57,332	£797	3
2000	£50,721	£689	9
1996	£30,500	£436	2
1995	£42,000	£525	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£150,000	£2,344	1
2016	£180,000	£2,093	1
2003	£76,617	£1,034	3
2001	£72,000		1
1997	£39,000		1
1996	£34,000	£531	1

All the Sales in the PALMERSTON ROAD, ME4 5SR

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

Address	Sold Date	Price	% Change
27A PALMERSTON ROADOther, FreeholdArea: 85 Sq.mtrAge: 1930-1949	16 Mar 2023	£290,000	First Sale
62 PALMERSTON ROADTerraced, FreeholdArea: 65 Sq.mtrAge: 1930-1949	16 Sep 2022	£250,000	26.90%
	30 Jul 2020	£197,000	66.95%
	28 Oct 2009	£118,000	47.51%
	16 Aug 2002	£79,995	First Sale
38 PALMERSTON ROADTerraced, FreeholdArea: 78 Sq.mtrAge: 1900-1929	09 Feb 2022	£245,000	59.61%
	29 Jan 2021	£153,500	241.11%
	24 Jan 2000	£45,000	First Sale
48 PALMERSTON ROADTerraced, FreeholdArea: 73.67 Sq.mtrAge: 1900-1929	08 Dec 2021	£245,000	145.00%
	21 May 2010	£100,000	First Sale
28 PALMERSTON ROADTerraced, FreeholdArea: 66.79 Sq.mtrAge: before 1900	19 Jan 2021	£195,000	First Sale
68 PALMERSTON ROADTerraced, FreeholdArea: 58 Sq.mtrAge: 1950-1966	10 Jun 2020	£200,000	110.53%
	02 Sep 2005	£95,000	First Sale
72 PALMERSTON ROADSemi-Detached, FreeholdArea: 64 Sq.mtrAge: 1900-1929	03 Dec 2018	£150,000	62.16%
	29 Aug 2003	£92,500	172.06%
	15 Aug 1996	£34,000	First Sale
34 PALMERSTON ROADTerraced, FreeholdArea: 71 Sq.mtrAge: 1900-1929	25 Oct 2016	£185,000	184.64%
	05 Oct 2001	£64,995	First Sale
56 PALMERSTON ROADSemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1950-1966	19 Aug 2016	£180,000	First Sale
16 PALMERSTON ROADTerraced, FreeholdArea: 73 Sq.mtrAge: 1900-1929	31 Mar 2016	£115,000	-2.54%
	21 Dec 2006	£118,000	9.26%
	12 Aug 2005	£108,000	107.71%
	28 Jul 2000	£51,995	First Sale
60 PALMERSTON ROADTerraced, FreeholdArea: 67 Sq.mtrAge: 1930-1949	15 Jan 2016	£172,000	306.08%
	23 May 2003	£42,356	First Sale
22 PALMERSTON ROADTerraced, FreeholdArea: 93 Sq.mtrAge: 1900-1929	14 Jan 2016	£144,000	77.78%
	23 Feb 2005	£81,000	First Sale
18 PALMERSTON ROADTerraced, FreeholdArea: 63.82 Sq.mtrAge: 1900-1929	04 Nov 2014	£113,000	34.52%
	28 Mar 2003	£84,000	82.61%
	19 Sep 2000	£46,000	First Sale
24 PALMERSTON ROADTerraced, FreeholdArea: 68.95 Sq.mtrAge: 1900-1929	05 Aug 2014	£119,995	26.31%
	29 Nov 2010	£95,000	First Sale
66 PALMERSTON ROADTerraced, FreeholdArea: 57 Sq.mtrAge: 1900-1929	31 Jan 2014	£101,000	First Sale
52 PALMERSTON ROADTerraced, FreeholdArea: 96.02 Sq.mtrAge: 1930-1949	11 May 2012	£119,000	First Sale
20 PALMERSTON ROADTerraced, FreeholdArea: 69.4 Sq.mtrAge: before 1900	04 Apr 2011	£86,000	35.43%
	08 Jan 2002	£63,500	42.70%
	05 May 2000	£44,500	11.25%
	30 Aug 1996	£40,000	90.48%
	17 Jun 1996	£21,000	First Sale
30 PALMERSTON ROADTerraced, FreeholdArea: 68 Sq.mtrAge: 1900-1929	19 Oct 2007	£122,000	35.56%
	30 Jun 2003	£90,000	66.68%
	27 Oct 2000	£53,995	First Sale
36 PALMERSTON ROADTerraced, FreeholdArea: 80 Sq.mtrAge: before 1900	24 Nov 2005	£119,995	103.38%
	04 May 2001	£59,000	40.48%
	20 Jan 1995	£42,000	First Sale
74 PALMERSTON ROADSemi-Detached, Freehold	04 Aug 2003	£94,995	31.94%
74 PALMERSTON ROADSemi-Detached, Freehold	14 Dec 2001	£72,000	First Sale
70 PALMERSTON ROADTerraced, FreeholdArea: 65 Sq.mtrAge: 1930-1949	19 Feb 2001	£48,000	First Sale
42 PALMERSTON ROADTerraced, Freehold	26 Oct 2000	£58,500	First Sale
40 PALMERSTON ROADTerraced, Freehold	29 Sep 2000	£67,995	88.88%
40 PALMERSTON ROADTerraced, Freehold	05 Apr 2000	£36,000	First Sale
64 PALMERSTON ROADTerraced, Freehold	26 May 2000	£52,500	First Sale
50 PALMERSTON ROADSemi-Detached, Freehold	01 Dec 1997	£39,000	First Sale

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

PALMERSTON ROAD, ME4 5SR Near By properties

Interactive Map

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

Terraced
- The average price is around £117,511 median price is £110,000 Standard Deviation is £66,684 with Total Sold: 4,692
- The Last 5 Year average price is £211,248 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 , 160 ROCHESTER STREET: £51,000 (Sold on 06 Jan 1995)
Flat
- The average price is around £107,871 median price is £111,995 Standard Deviation is £44,314 with Total Sold: 459
- The Last 5 Year average price is £153,350 with Total Sold: 72
- 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 £266,860 median price is £210,000 Standard Deviation is £183,502 with Total Sold: 99
- The Last 5 Year average price is £518,219 with Total Sold: 16
- 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 £127,395 median price is £113,998 Standard Deviation is £79,838 with Total Sold: 760
- The Last 5 Year average price is £244,757 with Total Sold: 90
- 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 £459,068 median price is £225,000 Standard Deviation is £806,381 with Total Sold: 31
- The Last 5 Year average price is £621,712 with Total Sold: 18
- 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	£218,613	£2,846	39
2023	£230,823	£2,996	112
2022	£233,371	£3,061	130
2021	£205,191	£2,658	162
2020	£194,644	£2,465	120
2019	£194,112	£2,426	139
2018	£182,766	£2,407	136
2017	£178,558	£2,328	154
2016	£180,450	£2,241	168
2015	£146,090	£1,881	160
2014	£132,580	£1,704	132
2013	£119,257	£1,590	101
2012	£109,314	£1,371	77
2011	£109,967	£1,407	96
2010	£118,386	£1,480	81
2009	£105,807	£1,395	72
2008	£126,161	£1,653	119
2007	£132,058	£1,686	235
2006	£119,411	£1,588	211
2005	£116,617	£1,563	170
2004	£120,394	£1,531	231
2003	£106,591	£1,314	288
2002	£81,112	£1,034	274
2001	£61,477	£788	279
2000	£52,331	£663	255
1999	£41,299	£533	201
1998	£37,898	£499	176
1997	£41,392	£515	158
1996	£34,361	£455	107
1995	£34,927	£435	109

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£156,500		6
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	£134,533	£2,453	18
2018	£146,250	£2,606	15
2017	£146,858	£2,624	16
2016	£136,317	£2,843	27
2015	£100,241	£1,880	18
2014	£98,033	£1,769	15
2013	£104,900	£1,768	10
2012	£99,417	£1,960	6
2011	£114,000	£2,219	4
2010	£111,800	£2,180	10
2009	£97,750	£1,842	8
2008	£106,045	£1,989	11
2007	£113,492	£2,096	26
2006	£101,188	£1,904	16
2005	£108,894	£1,992	19
2004	£104,883	£1,930	22
2003	£108,402	£2,000	65
2002	£90,952	£1,614	34
2001	£48,517	£1,084	11
2000	£37,166	£865	9
1999	£40,404	£843	10
1998	£40,700	£818	10
1997	£45,438	£761	8
1996	£32,650	£465	5
1995	£42,824	£883	12

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£691,667		3
2023	£340,000	£3,483	3
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	£277,500	£2,459	4
2015	£239,286	£2,244	7
2014	£207,929	£1,896	7
2013	£165,333	£1,672	3
2012	£317,500	£1,755	2
2011	£287,750	£1,428	4
2010	£222,500	£2,193	2
2009	£312,500	£1,460	1
2008	£193,100	£1,894	5
2007	£240,000	£1,876	3
2006	£170,000	£1,828	2
2005	£215,625	£1,329	4
2004	£357,557	£3,961	7
2003	£186,373	£1,438	6
2002	£151,797	£1,847	5
2001	£123,000	£1,366	3
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	£112,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£240,429	£3,833	7
2023	£295,312	£3,158	8
2022	£232,287	£3,732	16
2021	£279,455	£3,236	22
2020	£236,132	£2,745	19
2019	£201,753	£2,955	18
2018	£240,773	£2,967	22
2017	£207,950	£2,878	20
2016	£185,722	£2,643	18
2015	£165,357	£2,588	14
2014	£152,094	£2,004	17
2013	£162,643	£1,994	7
2012	£135,380	£1,742	25
2011	£122,682	£1,516	11
2010	£123,413	£1,669	11
2009	£132,531	£1,522	16
2008	£139,357	£2,080	14
2007	£146,684	£2,064	32
2006	£143,737	£1,856	47
2005	£123,041	£1,591	24
2004	£138,808	£1,852	49
2003	£129,340	£1,584	47
2002	£87,403	£1,221	37
2001	£80,880	£1,101	43
2000	£62,861	£891	33
1999	£64,540	£857	25
1998	£63,576	£785	58
1997	£48,255	£599	47
1996	£38,994	£491	35
1995	£43,778	£630	18

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£927,500		2
2023	£407,000	£3,412	4
2022	£1,874,333	£25,279	3
2021	£234,333	£4,091	3
2020	£233,333		1
2019	£229,698	£2,548	5
2018	£299,216	£4,989	6
2017	£78,333	£2,303	3
2015	£326,667	£8,728	3
2014	£30,000	£667	1

House Type in ME4 5SR area

The most common house types in the ME4 5SR postcode area are Terraced (87), Semi-detached (13), and Detached (12).

Total	115
Terraced	87
Semi-detached	13
Detached	12
Flat	3
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 (46), and Owned: Owns outright (29).

Private rented: Private landlord or letting agency	46
Owned: Owns outright	29
Owned: Owns with a mortgage or loan	27
Social rented: Rents from council or Local Authority	6
Social rented: Other social rented	3
Shared ownership: Shared ownership	2
Lives rent free	2
Private rented: Other private rented	1
Does not apply	0

Number of People in a Household

The most houses in the ME4 5SR have 1 person in household (31), and 2 people in household (30).

1 person in household	31
2 people in household	30
4 people in household	26
3 people in household	17
5 people in household	9
6 people in household	3
0 people in household	0
7 people in household	0
8 or more people in household	0