Housing Market Analysis for THIRD AVENUE, ME5 0AD

Are you looking to understand ME5 0AD 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 ME5 0AD area, explore the ME5 0AD Area information page.
For comprehensive crime statistics in the ME5 0AD area, explore the ME5 0AD Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME5 0AD postcode area, The average prices are as follows,

  • Detached
    • The average price is around £145,750 median price is £145,750 Standard Deviation is £60,750 with Total Sold: 2
    • The most recent sale happened at this postcode is 2 THIRD AVENUE: £206,500 (Sold on 31 Aug 2016)
    • The first recorded sale happened at this postcode is 2 THIRD AVENUE: £85,000 (Sold on 12 Feb 2014)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 0AD 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£206,500 £3,623 1
2014£85,000 £1,491 1

All the Sales in the THIRD AVENUE, ME5 0AD

See the table below for more details on the sold house prices in the ME5 0AD, Medway postcode.

AddressSold DatePrice% Change
2 THIRD AVENUEDetached, FreeholdArea: 57 Sq.mtrAge: 1950-196631 Aug 2016£206,500142.94%
12 Feb 2014£85,000First Sale

Check out the sold house prices near the ME5 0AD postcode. Properties currently for saleProperties currently for rent

THIRD AVENUE, ME5 0AD Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME5 0AD 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 ME5 0AD postcode.

  • Flat
    • The average price is around £84,146 median price is £83,000 Standard Deviation is £46,184 with Total Sold: 641
    • The Last 5 Year average price is £133,379 with Total Sold: 108
    • The most recent sale happened at this postcode is FLAT 8, FLORENCE HOUSE 130A BEACON ROAD: £114,000 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , 5 CONNAUGHT MEWS: £22,000 (Sold on 27 Jan 1995)
  • Semi-Detached
    • The average price is around £134,895 median price is £121,000 Standard Deviation is £80,134 with Total Sold: 748
    • The Last 5 Year average price is £251,598 with Total Sold: 119
    • The most recent sale happened at this postcode is , 17 BRACKEN LEA: £255,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 65 DOWNSVIEW: £57,000 (Sold on 12 Jan 1995)
  • Terraced
    • The average price is around £113,173 median price is £109,000 Standard Deviation is £60,280 with Total Sold: 2,324
    • The Last 5 Year average price is £205,926 with Total Sold: 332
    • The most recent sale happened at this postcode is , 206 UPPER LUTON ROAD: £243,000 (Sold on 08 Aug 2024)
    • The first recorded sale happened at this postcode is , 173 CONSTITUTION ROAD: £37,500 (Sold on 10 Jan 1995)
  • Detached
    • The average price is around £193,283 median price is £179,750 Standard Deviation is £103,117 with Total Sold: 178
    • The Last 5 Year average price is £331,400 with Total Sold: 20
    • The most recent sale happened at this postcode is , 4 CAPSTONE ROAD: £275,000 (Sold on 07 Feb 2024)
    • The first recorded sale happened at this postcode is , 181 BEACON ROAD: £38,000 (Sold on 29 Sep 1995)
  • Other
    • The average price is around £562,649 median price is £250,000 Standard Deviation is £1,184,344 with Total Sold: 42
    • The Last 5 Year average price is £595,675 with Total Sold: 20
    • The most recent sale happened at this postcode is UNIT 4, DAJEN BUSINESS PARK SECOND AVENUE: £335,000 (Sold on 17 Nov 2023)
    • The first recorded sale happened at this postcode is , 21 WARD VIEW: £82,500 (Sold on 29 Apr 2013)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£104,429 £1,994 7
2023£129,571 £2,637 21
2022£130,903 £3,027 31
2021£161,225 £3,223 22
2020£118,962 £2,551 13
2019£128,676 £2,802 14
2018£122,614 £2,528 22
2017£124,690 £2,627 20
2016£97,907 £2,479 30
2015£96,833 £2,168 30
2014£80,138 £1,889 21
2013£68,042 £1,725 6
2012£88,501 £1,890 12
2011£98,274 £2,203 20
2010£81,082 £2,018 6
2009£80,375 £1,512 6
2008£100,917 £2,145 12
2007£96,142 £2,126 35
2006£88,711 £2,262 52
2005£86,529 £1,926 17
2004£81,569 £2,046 45
2003£69,696 £1,629 28
2002£48,006 £1,208 35
2001£42,427 £1,000 32
2000£35,433 £854 31
1999£29,215 £690 22
1998£27,846 £603 18
1997£24,500 £500 15
1996£25,055 £590 8
1995£28,174 £661 10
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£254,07311
2023£274,136 £3,923 22
2022£285,262 £3,454 21
2021£244,030 £3,177 28
2020£243,607 £3,310 14
2019£212,196 £2,949 23
2018£235,060 £3,017 25
2017£220,452 £3,082 21
2016£209,572 £2,792 18
2015£193,389 £2,414 27
2014£146,914 £2,041 19
2013£139,000 £1,920 12
2012£138,375 £1,720 12
2011£121,300 £1,673 10
2010£123,850 £1,690 10
2009£135,000 £1,879 13
2008£149,002 £2,045 20
2007£154,167 £2,028 36
2006£138,241 £1,993 27
2005£126,370 £2,038 31
2004£129,981 £1,726 27
2003£109,936 £1,695 35
2002£93,154 £1,277 52
2001£67,671 £971 37
2000£68,488 £873 30
1999£54,196 £828 35
1998£53,067 £697 37
1997£47,100 £671 45
1996£42,919 £573 33
1995£47,029 £581 17
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£206,106 £3,277 16
2023£228,371 £3,203 62
2022£230,544 £3,448 57
2021£207,680 £2,712 88
2020£179,740 £2,380 52
2019£178,022 £2,570 57
2018£182,594 £2,540 64
2017£173,174 £2,425 89
2016£162,508 £2,469 78
2015£135,574 £1,978 88
2014£126,844 £1,770 69
2013£110,361 £1,564 73
2012£115,592 £1,530 54
2011£109,265 £1,504 55
2010£104,000 £1,512 42
2009£99,931 £1,362 40
2008£119,443 £1,676 53
2007£127,265 £1,930 138
2006£118,593 £1,714 99
2005£112,872 £1,705 106
2004£107,424 £1,522 104
2003£91,128 £1,285 128
2002£73,958 £1,054 115
2001£58,835 £858 115
2000£52,052 £741 118
1999£42,060 £589 88
1998£39,859 £544 100
1997£35,515 £486 68
1996£34,305 £431 42
1995£32,197 £451 66
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£300,000 £3,824 2
2023£307,500 £3,975 2
2022£414,167 £3,737 6
2021£350,000 £4,105 3
2020£340,000 £3,519 1
2019£256,333 £3,106 6
2018£299,182 £3,345 11
2017£291,944 £2,800 9
2016£256,214 £3,063 7
2015£193,429 £2,523 7
2014£165,000 £2,042 3
2013£221,562 £2,124 8
2012£196,632 £2,054 15
2011£173,898 £2,115 5
2010£159,000 £2,210 3
2009£143,333 £1,707 3
2008£194,667 £1,880 3
2007£189,667 £2,145 6
2006£181,917 £1,509 6
2005£234,499 £2,982 4
2004£175,749 £1,959 8
2003£216,000 £1,355 6
2002£123,635 £1,370 11
2001£136,929 £1,354 7
2000£108,714 £966 7
1999£77,499 £840 10
1998£85,375 £1,092 4
1997£87,054 £570 9
1996£49,200 £431 5
1995£38,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,533,840 £7,696 5
2022£194,000 £3,646 5
2021£290,250 £3,177 4
2020£580,0002
2019£238,324 £2,767 4
2018£1,198,143 £12,476 7
2017£188,125 £1,378 8
2016£273,649 £1,604 5
2015£375,0001
2013£82,500 £1,251 1

House Type in ME5 0AD area

The most common house types in the ME5 0AD postcode area are Flat (47), Semi-detached (32), and Detached (22).

Total124
Flat47
Semi-detached32
Detached22
Terraced20
commercial building3
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (37), and Owned: Owns with a mortgage or loan (30).

Owned: Owns outright37
Owned: Owns with a mortgage or loan30
Private rented: Private landlord or letting agency27
Social rented: Other social rented26
Social rented: Rents from council or Local Authority5
Shared ownership: Shared ownership1
Does not apply0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the ME5 0AD have 1 person in household (55), and 2 people in household (27).

1 person in household55
2 people in household27
3 people in household21
4 people in household12
5 people in household3
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0