Housing Market Analysis for MILL LANE, ME5 0BA

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £143,937 median price is £123,500 Standard Deviation is £73,232 with Total Sold: 28
- The Last 5 Year average price is £233,375 with Total Sold: 6
- The most recent sale happened at this postcode is 33 MILL LANE: £265,000 (Sold on 21 Jun 2024)
- The first recorded sale happened at this postcode is 29 MILL LANE: £244,750 (Sold on 18 Jun 2024)
Detached
- The average price is around £213,999 median price is £179,250 Standard Deviation is £99,844 with Total Sold: 4
- The most recent sale happened at this postcode is 2 MILL LANE: £377,500 (Sold on 21 Jul 2017)
- The first recorded sale happened at this postcode is 4 MILL LANE: £119,995 (Sold on 18 Jan 2002)
Terraced
- 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 55 MILL LANE: £68,000 (Sold on 24 May 2000)
- The first recorded sale happened at this postcode is 55 MILL LANE: £68,000 (Sold on 24 May 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 0BA 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£254,875		2
2022	£253,750	£4,127	2
2020	£188,000	£2,575	1
2019	£195,000	£3,172	1
2018	£219,667	£3,573	3
2016	£190,000	£3,104	2
2015	£195,000	£2,532	1
2014	£158,000	£2,548	1
2013	£110,000	£1,803	1
2011	£114,000	£1,727	2
2010	£111,000	£1,790	1
2009	£100,667	£1,428	3
2004	£92,000	£1,264	1
2002	£62,165	£816	3
2000	£62,000		1
1998	£51,750		2
1996	£43,000	£705	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£377,500	£3,341	1
2012	£210,000	£2,065	1
2002	£134,248	£1,314	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2000	£68,000	£919	1

All the Sales in the MILL LANE, ME5 0BA

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

Address	Sold Date	Price	% Change
33 MILL LANESemi-Detached, Freehold	21 Jun 2024	£265,000	First Sale
19 MILL LANESemi-Detached, FreeholdArea: 61 Sq.mtrAge: 1950-1966	18 Nov 2022	£262,500	228.12%
	07 Jun 2002	£80,000	First Sale
17 MILL LANESemi-Detached, FreeholdArea: 62 Sq.mtrAge: 1930-1949	04 Jul 2022	£245,000	120.72%
	20 Sep 2010	£111,000	First Sale
37 MILL LANESemi-Detached, FreeholdArea: 73 Sq.mtrAge: 1950-1966	17 Apr 2020	£188,000	First Sale
25 MILL LANESemi-Detached, FreeholdArea: 61.47 Sq.mtrAge: 1950-1966	11 Feb 2019	£195,000	First Sale
27 MILL LANESemi-Detached, FreeholdArea: 62 Sq.mtrAge: 1950-1966	12 Dec 2018	£235,000	48.73%
	31 Oct 2014	£158,000	First Sale
51 MILL LANESemi-Detached, FreeholdArea: 61 Sq.mtrAge: 1930-1949	31 Aug 2018	£212,000	92.73%
	15 Feb 2013	£110,000	First Sale
47 MILL LANESemi-Detached, FreeholdArea: 61.41 Sq.mtrAge: 1950-1966	22 Aug 2018	£212,000	6.00%
	03 Oct 2016	£200,000	73.91%
	16 Oct 2009	£115,000	91.67%
	19 Jun 2009	£60,000	First Sale
2 MILL LANEDetached, FreeholdArea: 113 Sq.mtrAge: 1991-1995	21 Jul 2017	£377,500	154.21%
2 MILL LANEDetached, FreeholdArea: 113 Sq.mtrAge: 1991-1995	31 May 2002	£148,500	First Sale
45 MILL LANESemi-Detached, FreeholdArea: 61 Sq.mtrAge: 1950-1966	26 Oct 2016	£180,000	First Sale
41 MILL LANESemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1950-1966	27 Nov 2015	£195,000	First Sale
6 MILL LANEDetached, FreeholdArea: 101.68 Sq.mtrAge: 1983-1990	30 Apr 2012	£210,000	First Sale
1 MILL LANESemi-Detached, FreeholdArea: 72.76 Sq.mtrAge: 1950-1966	09 Dec 2011	£120,000	30.43%
	20 Apr 2004	£92,000	First Sale
5 MILL LANESemi-Detached, FreeholdArea: 59.84 Sq.mtrAge: 1950-1966	25 Nov 2011	£108,000	First Sale
43 MILL LANESemi-Detached, FreeholdArea: 88.63 Sq.mtrAge: 1950-1966	11 Dec 2009	£127,000	First Sale
23 MILL LANESemi-Detached, Freehold	31 May 2002	£86,995	First Sale
3 MILL LANESemi-Detached, LeaseholdArea: 60 Sq.mtrAge: 1950-1966	31 Jan 2002	£19,500	First Sale
4 MILL LANEDetached, Freehold	18 Jan 2002	£119,995	First Sale
55 MILL LANETerraced, FreeholdArea: 74 Sq.mtrAge: 1950-1966	24 May 2000	£68,000	First Sale
49 MILL LANESemi-Detached, Freehold	31 Jan 2000	£62,000	10.71%
49 MILL LANESemi-Detached, Freehold	09 Apr 1998	£56,000	First Sale
15A MILL LANESemi-Detached, Freehold	21 Aug 1998	£47,500	First Sale
29 MILL LANESemi-Detached, FreeholdArea: 61 Sq.mtrAge: 1950-1966	20 Dec 1996	£43,000	-82.43%
	18 Jun 2024	£244,750	First Sale

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

MILL LANE, ME5 0BA Near By properties

Interactive Map

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

Flat
- The average price is around £80,325 median price is £79,500 Standard Deviation is £38,972 with Total Sold: 535
- The Last 5 Year average price is £125,764 with Total Sold: 98
- 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 £153,185 median price is £137,000 Standard Deviation is £92,111 with Total Sold: 935
- The Last 5 Year average price is £279,339 with Total Sold: 202
- 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 £115,209 median price is £110,000 Standard Deviation is £61,776 with Total Sold: 1,757
- The Last 5 Year average price is £214,040 with Total Sold: 247
- 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 , 30 SOMERSET CLOSE: £39,000 (Sold on 20 Jan 1995)
Detached
- The average price is around £206,231 median price is £190,000 Standard Deviation is £109,945 with Total Sold: 153
- The Last 5 Year average price is £344,628 with Total Sold: 27
- 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 , 53A QUEENS ROAD: £31,000 (Sold on 08 Jun 1996)
Other
- The average price is around £700,358 median price is £250,000 Standard Deviation is £1,376,345 with Total Sold: 30
- The Last 5 Year average price is £653,088 with Total Sold: 17
- 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 , 111 HOPEWELL DRIVE: £375,000 (Sold on 11 Jun 2015)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£114,500	£1,994	8
2023	£118,375	£2,471	16
2022	£121,935	£2,810	23
2021	£143,530	£2,878	30
2020	£114,182	£2,459	11
2019	£114,846	£2,909	10
2018	£110,393	£2,619	14
2017	£115,595	£2,559	19
2016	£92,400	£2,497	23
2015	£80,825	£2,080	20
2014	£77,945	£1,839	20
2013	£64,350	£1,685	5
2012	£64,254	£1,695	8
2011	£75,786	£1,851	7
2010	£80,100	£2,010	5
2009	£80,375	£1,512	6
2008	£101,455	£2,145	11
2007	£95,827	£2,160	29
2006	£88,087	£2,316	46
2005	£84,999	£1,852	16
2004	£80,803	£2,060	40
2003	£69,083	£1,719	24
2002	£46,022	£1,183	32
2001	£42,323	£1,028	27
2000	£35,984	£877	26
1999	£26,887	£664	20
1998	£28,884	£682	13
1997	£26,450	£552	10
1996	£25,055	£590	8
1995	£28,906	£698	8

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£253,317		12
2023	£280,586	£3,933	29
2022	£308,559	£3,646	33
2021	£293,412	£3,377	76
2020	£270,819	£3,295	25
2019	£222,130	£3,035	27
2018	£242,632	£3,131	34
2017	£227,740	£3,187	25
2016	£214,348	£2,899	21
2015	£195,932	£2,386	37
2014	£161,472	£2,217	22
2013	£140,853	£1,980	17
2012	£140,912	£1,930	17
2011	£131,923	£1,954	13
2010	£129,346	£1,770	13
2009	£136,393	£1,818	16
2008	£150,582	£2,043	19
2007	£157,286	£2,057	42
2006	£145,363	£2,045	33
2005	£125,689	£2,016	33
2004	£129,463	£1,782	28
2003	£116,959	£1,754	42
2002	£96,437	£1,294	60
2001	£69,102	£1,033	35
2000	£69,453	£901	39
1999	£53,656	£813	41
1998	£54,451	£730	41
1997	£47,500	£669	49
1996	£43,584	£606	34
1995	£49,205	£595	22

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£222,693	£3,633	14
2023	£230,141	£3,297	46
2022	£236,583	£3,717	42
2021	£210,876	£2,854	54
2020	£205,644	£2,558	45
2019	£186,652	£2,837	46
2018	£185,385	£2,719	48
2017	£176,838	£2,530	59
2016	£166,498	£2,639	58
2015	£137,343	£2,074	70
2014	£129,614	£1,860	50
2013	£111,936	£1,671	53
2012	£113,141	£1,624	39
2011	£101,768	£1,425	42
2010	£105,566	£1,540	30
2009	£108,777	£1,464	28
2008	£122,717	£1,697	46
2007	£127,235	£2,046	109
2006	£119,297	£1,744	78
2005	£115,035	£1,775	86
2004	£105,754	£1,581	84
2003	£92,945	£1,311	100
2002	£76,186	£1,115	92
2001	£60,215	£887	96
2000	£51,707	£794	78
1999	£42,590	£626	65
1998	£39,414	£553	69
1997	£35,246	£492	57
1996	£34,442	£450	30
1995	£32,448	£477	43

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£300,000	£3,824	2
2022	£444,165	£3,920	6
2021	£342,664	£3,520	9
2020	£319,199	£3,400	5
2019	£272,000	£3,146	5
2018	£315,286	£3,476	7
2017	£291,944	£2,800	9
2016	£264,785	£3,393	7
2015	£182,600	£2,511	5
2014	£165,000	£2,042	3
2013	£219,583	£2,116	6
2012	£185,062	£1,831	8
2011	£129,500	£1,866	3
2010	£175,000	£2,024	1
2009	£176,000	£1,902	2
2008	£172,000	£1,880	2
2007	£212,000	£2,300	4
2006	£193,300	£1,332	5
2005	£255,667	£3,589	3
2004	£175,749	£1,959	8
2003	£216,000	£1,355	6
2002	£123,598	£1,242	10
2001	£132,071	£1,255	7
2000	£118,200	£966	5
1999	£82,999	£1,051	9
1998	£85,375	£1,092	4
1997	£93,936	£582	8
1996	£55,000	£511	4

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£1,533,840	£7,696	5
2022	£194,000	£3,646	5
2021	£350,000		1
2020	£580,000		2
2019	£238,324	£2,767	4
2018	£1,588,400	£17,631	5
2017	£190,000		4
2016	£277,083	£1,604	3
2015	£375,000		1

House Type in ME5 0BA area

The most common house types in the ME5 0BA postcode area are Flat (67), Semi-detached (29), and Terraced (7).

Total	108
Flat	67
Semi-detached	29
Terraced	7
Detached	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 Social rented: Other social rented (64), and Owned: Owns outright (17).

Social rented: Other social rented	64
Owned: Owns outright	17
Owned: Owns with a mortgage or loan	14
Social rented: Rents from council or Local Authority	7
Private rented: Private landlord or letting agency	7
Does not apply	0
Shared ownership: Shared ownership	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the ME5 0BA have 1 person in household (62), and 2 people in household (33).

1 person in household	62
2 people in household	33
3 people in household	7
4 people in household	3
5 people in household	1
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0