Housing Market Analysis for BURMA WAY, ME5 0JL

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

Overview of Sold House prices

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

Terraced
- The average price is around £212,438 median price is £219,000 Standard Deviation is £82,306 with Total Sold: 8
- The Last 5 Year average price is £290,000 with Total Sold: 2
- The most recent sale happened at this postcode is 1 BURMA WAY: £300,000 (Sold on 18 Sep 2023)
- The first recorded sale happened at this postcode is 1 BURMA WAY: £75,000 (Sold on 02 Apr 2002)
Semi-Detached
- The average price is around £133,101 median price is £135,000 Standard Deviation is £81,753 with Total Sold: 17
- The Last 5 Year average price is £270,500 with Total Sold: 2
- The most recent sale happened at this postcode is 13 BURMA WAY: £260,000 (Sold on 07 Sep 2021)
- The first recorded sale happened at this postcode is 13 BURMA WAY: £41,000 (Sold on 17 Feb 1995)
Detached
- The average price is around £133,000 median price is £133,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 30 BURMA WAY: £133,000 (Sold on 24 Jun 2011)
- The first recorded sale happened at this postcode is 30 BURMA WAY: £133,000 (Sold on 24 Jun 2011)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 0JL 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
2023	£300,000	£4,167	1
2022	£280,000	£3,333	1
2018	£325,000	£2,305	1
2016	£219,000	£2,614	2
2006	£136,500	£1,896	1
2004	£145,000	£1,726	1
2002	£75,000	£1,042	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£270,500	£3,490	2
2017	£277,000	£3,378	1
2009	£132,500	£2,190	1
2008	£184,950	£2,312	1
2007	£170,000	£1,349	2
2004	£151,225	£1,868	2
2003	£135,000		1
2000	£64,995	£591	1
1999	£40,000		1
1998	£53,000	£482	1
1996	£48,000		1
1995	£47,941	£615	3

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2011	£133,000	£1,157	1

All the Sales in the BURMA WAY, ME5 0JL

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

Address	Sold Date	Price	% Change
1 BURMA WAYTerraced, FreeholdArea: 72 Sq.mtrAge: 1950-1966	18 Sep 2023	£300,000	37.61%
	12 Aug 2016	£218,000	59.71%
	28 Apr 2006	£136,500	82.00%
	02 Apr 2002	£75,000	First Sale
15 BURMA WAYTerraced, FreeholdArea: 84 Sq.mtrAge: 1950-1966	22 Jun 2022	£280,000	93.10%
15 BURMA WAYTerraced, FreeholdArea: 84 Sq.mtrAge: 1950-1966	09 Jul 2004	£145,000	First Sale
13 BURMA WAYSemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1950-1966	07 Sep 2021	£260,000	534.15%
	17 Feb 1995	£41,000	First Sale
12 BURMA WAYSemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1950-1966	23 Jul 2021	£281,000	51.93%
	17 Jan 2008	£184,950	19.36%
	19 Nov 2004	£154,950	First Sale
14 BURMA WAYTerraced, FreeholdArea: 141 Sq.mtrAge: 1950-1966	21 Nov 2018	£325,000	First Sale
26 BURMA WAYSemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1950-1966	05 May 2017	£277,000	394.64%
	03 Mar 1995	£56,000	First Sale
3 BURMA WAYTerraced, FreeholdArea: 100 Sq.mtrAge: 1950-1966	02 Sep 2016	£220,000	First Sale
30 BURMA WAYDetached, FreeholdArea: 115 Sq.mtrAge: 1950-1966	24 Jun 2011	£133,000	First Sale
1A BURMA WAYSemi-Detached, FreeholdArea: 60.5 Sq.mtrAge: 2007 onwards	18 Dec 2009	£132,500	First Sale
32 BURMA WAYSemi-Detached, Freehold	23 Mar 2007	£170,000	First Sale
22 BURMA WAYSemi-Detached, FreeholdArea: 126 Sq.mtrAge: 1930-1949	02 Mar 2007	£170,000	First Sale
18 BURMA WAYSemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1950-1966	27 Feb 2004	£147,500	First Sale
34 BURMA WAYSemi-Detached, Freehold	28 Nov 2003	£135,000	First Sale
36 BURMA WAYSemi-Detached, FreeholdArea: 110 Sq.mtrAge: 1930-1949	03 Apr 2000	£64,995	22.63%
	13 Aug 1998	£53,000	First Sale
38 BURMA WAYSemi-Detached, Freehold	22 Jan 1999	£40,000	First Sale
7 BURMA WAYSemi-Detached, Freehold	05 Jan 1996	£48,000	2.52%
7 BURMA WAYSemi-Detached, Freehold	21 Dec 1995	£46,822	First Sale

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

BURMA WAY, ME5 0JL Near By properties

Interactive Map

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

Detached
- The average price is around £224,479 median price is £205,000 Standard Deviation is £127,412 with Total Sold: 165
- The Last 5 Year average price is £410,735 with Total Sold: 17
- The most recent sale happened at this postcode is , 124 SNODHURST AVENUE: £610,000 (Sold on 03 Sep 2024)
- The first recorded sale happened at this postcode is , 15 KING GEORGE ROAD: £63,500 (Sold on 27 Jan 1995)
Semi-Detached
- The average price is around £155,481 median price is £144,998 Standard Deviation is £84,453 with Total Sold: 838
- The Last 5 Year average price is £289,986 with Total Sold: 125
- The most recent sale happened at this postcode is , 33 ALAMEIN AVENUE: £318,000 (Sold on 29 Aug 2024)
- The first recorded sale happened at this postcode is , 101 WALDERSLADE ROAD: £44,500 (Sold on 06 Jan 1995)
Terraced
- The average price is around £138,436 median price is £130,000 Standard Deviation is £71,080 with Total Sold: 502
- The Last 5 Year average price is £244,811 with Total Sold: 74
- The most recent sale happened at this postcode is , 53 HERITAGE ROAD: £320,000 (Sold on 15 Aug 2024)
- The first recorded sale happened at this postcode is , 57 HERITAGE ROAD: £44,949 (Sold on 10 Feb 1995)
Other
- The average price is around £347,444 median price is £250,000 Standard Deviation is £447,602 with Total Sold: 9
- The Last 5 Year average price is £489,500 with Total Sold: 6
- The most recent sale happened at this postcode is , 10 WOOLWICH CLOSE: £520,000 (Sold on 08 Mar 2023)
- The first recorded sale happened at this postcode is , 18A ALAMEIN AVENUE: £20,000 (Sold on 09 Mar 2017)
Flat
- The average price is around £92,762 median price is £93,000 Standard Deviation is £47,443 with Total Sold: 62
- The Last 5 Year average price is £162,500 with Total Sold: 8
- The most recent sale happened at this postcode is , 22 TIMBER BANK: £200,000 (Sold on 10 Oct 2022)
- The first recorded sale happened at this postcode is , 30 TIMBER BANK: £31,000 (Sold on 14 Mar 1995)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£507,500	£3,394	3
2023	£398,500	£3,420	2
2022	£280,000	£5,490	1
2021	£428,700	£3,847	5
2020	£373,000	£3,132	4
2019	£373,750	£3,535	2
2018	£424,500	£3,311	4
2017	£315,998	£3,344	2
2016	£365,889	£3,439	9
2015	£287,688	£2,584	8
2014	£322,833	£2,108	6
2013	£248,429	£2,030	7
2012	£115,000	£1,854	1
2011	£198,600	£2,179	5
2010	£227,333	£1,894	3
2009	£228,000	£2,243	2
2008	£340,000	£3,235	2
2007	£282,277	£3,043	9
2006	£227,429	£2,304	7
2005	£215,887	£2,648	9
2004	£215,090	£2,082	11
2003	£169,199	£1,790	5
2002	£162,874	£1,756	8
2001	£144,700	£1,475	9
2000	£115,500	£1,114	10
1999	£101,625	£988	8
1998	£83,036	£1,121	7
1997	£74,857	£934	7
1996	£56,999	£712	5
1995	£69,750	£411	4

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£318,713	£3,362	10
2023	£327,615	£3,885	33
2022	£329,455	£3,912	11
2021	£272,442	£3,594	26
2020	£244,167	£3,459	24
2019	£270,586	£3,110	21
2018	£247,933	£3,319	20
2017	£241,356	£3,321	24
2016	£240,088	£3,006	30
2015	£194,319	£2,363	33
2014	£174,556	£2,323	31
2013	£144,833	£2,037	21
2012	£148,321	£1,856	14
2011	£156,794	£2,105	17
2010	£164,500	£1,938	15
2009	£143,898	£1,956	25
2008	£153,554	£1,916	22
2007	£170,450	£2,116	41
2006	£148,621	£1,933	35
2005	£150,820	£1,742	29
2004	£141,668	£1,898	38
2003	£126,095	£1,668	53
2002	£101,849	£1,325	50
2001	£89,145	£1,106	27
2000	£72,843	£937	37
1999	£64,397	£790	40
1998	£56,863	£724	35
1997	£50,870	£653	31
1996	£46,274	£571	21
1995	£45,878	£648	24

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£251,812	£4,116	8
2023	£281,571	£4,044	7
2022	£269,357	£3,876	14
2021	£246,053	£3,760	19
2020	£234,615	£3,315	13
2019	£202,654	£3,136	13
2018	£227,781	£3,378	16
2017	£223,048	£3,341	21
2016	£205,542	£2,904	12
2015	£176,429	£2,432	14
2014	£152,831	£2,523	18
2013	£142,192	£2,058	13
2012	£138,250	£1,953	18
2011	£131,350	£2,361	10
2010	£132,863	£2,228	14
2009	£125,615	£1,732	13
2008	£158,438	£2,271	8
2007	£149,643	£2,255	22
2006	£130,681	£2,208	24
2005	£130,500	£2,101	17
2004	£124,307	£1,824	26
2003	£124,490	£1,826	26
2002	£90,692	£1,452	31
2001	£70,380	£1,116	21
2000	£62,395	£1,066	34
1999	£53,411	£877	26
1998	£51,045	£812	13
1997	£45,354	£752	12
1996	£43,090	£653	11
1995	£44,367	£728	8

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£520,000	£3,688	1
2022	£1,530,000		1
2020	£212,333	£1,615	3
2019	£250,000	£2,688	1
2017	£63,333	£1,552	3

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£200,000	£5,556	1
2021	£131,000	£3,104	1
2020	£265,000	£2,561	1
2019	£140,800	£3,079	5
2018	£151,000	£3,196	4
2017	£110,000	£2,022	1
2016	£107,375	£2,181	4
2015	£125,500	£3,022	2
2014	£125,000	£2,642	1
2012	£120,000	£1,658	2
2011	£70,000	£1,905	1
2010	£86,000	£2,137	1
2008	£106,874	£2,610	4
2007	£103,000	£2,239	1
2006	£95,239	£2,160	5
2005	£92,500	£2,004	2
2004	£94,875	£2,256	4
2003	£69,998	£1,511	4
2002	£64,000	£1,333	1
2001	£44,250	£953	4
2000	£40,760	£914	5
1999	£30,875	£768	4
1998	£29,125	£625	2
1995	£29,000	£624	2

House Type in ME5 0JL area

The most common house types in the ME5 0JL postcode area are Semi-detached (76), Terraced (27), and Shared house (20).

Total	131
Semi-detached	76
Terraced	27
Shared house	20
Flat	6
Detached	2
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (49), and Social rented: Other social rented (33).

Owned: Owns with a mortgage or loan	49
Social rented: Other social rented	33
Owned: Owns outright	27
Private rented: Private landlord or letting agency	12
Social rented: Rents from council or Local Authority	8
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the ME5 0JL have 1 person in household (43), and 3 people in household (28).

1 person in household	43
3 people in household	28
2 people in household	26
4 people in household	24
5 people in household	9
7 people in household	2
8 or more people in household	1
0 people in household	0
6 people in household	0