Housing Market Analysis for BURMA WAY, ME5 0JR

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £167,750 median price is £151,500 Standard Deviation is £103,643 with Total Sold: 16
- The Last 5 Year average price is £327,500 with Total Sold: 4
- The most recent sale happened at this postcode is 50 BURMA WAY: £300,000 (Sold on 04 Oct 2023)
- The first recorded sale happened at this postcode is 54 BURMA WAY: £46,000 (Sold on 15 Nov 1996)
Flat
- The average price is around £78,666 median price is £83,500 Standard Deviation is £29,223 with Total Sold: 9
- The Last 5 Year average price is £131,000 with Total Sold: 1
- The most recent sale happened at this postcode is 25 BURMA WAY: £131,000 (Sold on 28 May 2021)
- The first recorded sale happened at this postcode is 25 BURMA WAY: £27,000 (Sold on 31 Aug 1999)
Terraced
- The average price is around £213,750 median price is £213,750 Standard Deviation is £56,250 with Total Sold: 2
- The Last 5 Year average price is £270,000 with Total Sold: 1
- The most recent sale happened at this postcode is 48 BURMA WAY: £270,000 (Sold on 29 Oct 2020)
- The first recorded sale happened at this postcode is 37 BURMA WAY: £157,500 (Sold on 07 Oct 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 0JR 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
2023	£300,000	£3,529	2
2022	£380,000	£4,524	1
2019	£330,000	£2,308	1
2016	£195,500	£2,327	1
2013	£90,000	£2,168	1
2011	£167,000	£2,002	1
2007	£191,000		1
2006	£158,000	£1,105	1
2004	£82,500	£1,987	1
2003	£108,500	£1,730	2
2002	£74,498	£1,030	2
2000	£78,000	£929	1
1996	£46,000	£548	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£131,000	£3,104	1
2012	£82,500	£1,793	1
2011	£70,000	£1,905	1
2008	£99,995	£2,381	1
2006	£87,248	£2,236	2
2005	£83,500	£2,017	1
2001	£39,500	£954	1
1999	£27,000	£640	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£270,000	£3,253	1
2005	£157,500		1

All the Sales in the BURMA WAY, ME5 0JR

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

Address	Sold Date	Price	% Change
50 BURMA WAYSemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1930-1949	04 Oct 2023	£300,000	0.0
	04 Oct 2023	£300,000	First Sale
54 BURMA WAYSemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1930-1949	21 Oct 2022	£380,000	162.07%
	11 Sep 2003	£145,000	85.90%
	18 Aug 2000	£78,000	69.57%
	15 Nov 1996	£46,000	First Sale
25 BURMA WAYFlat, LeaseholdArea: 42.21 Sq.mtrAge: 1950-1966	28 May 2021	£131,000	31.01%
	25 Jul 2008	£99,995	270.35%
	31 Aug 1999	£27,000	First Sale
48 BURMA WAYTerraced, FreeholdArea: 83 Sq.mtrAge: 1950-1966	29 Oct 2020	£270,000	First Sale
56 BURMA WAYSemi-Detached, FreeholdArea: 143 Sq.mtrAge: 1950-1966	06 Sep 2019	£330,000	108.86%
	15 Dec 2006	£158,000	First Sale
46 BURMA WAYSemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1950-1966	15 Feb 2016	£195,500	First Sale
27 BURMA WAYSemi-Detached, LeaseholdArea: 41.52 Sq.mtrAge: 1950-1966	14 Nov 2013	£90,000	9.09%
	18 Jun 2004	£82,500	14.58%
	10 Jan 2003	£72,000	33.35%
	16 Jul 2002	£53,995	First Sale
35 BURMA WAYFlat, LeaseholdArea: 46 Sq.mtrAge: 1950-1966	20 Dec 2012	£82,500	-9.34%
	30 Nov 2006	£90,995	8.98%
	22 Apr 2005	£83,500	111.39%
	30 Nov 2001	£39,500	First Sale
25A BURMA WAYFlat, LeaseholdArea: 36.74 Sq.mtrAge: 1950-1966	07 Apr 2011	£70,000	-16.17%
	09 Jun 2006	£83,500	First Sale
44 BURMA WAYSemi-Detached, FreeholdArea: 83.4 Sq.mtrAge: 1950-1966	04 Feb 2011	£167,000	First Sale
23 BURMA WAYSemi-Detached, Freehold	30 Apr 2007	£191,000	First Sale
37 BURMA WAYTerraced, Freehold	07 Oct 2005	£157,500	First Sale
52 BURMA WAYSemi-Detached, FreeholdArea: 125 Sq.mtrAge: 1930-1949	30 Apr 2002	£95,000	First Sale

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

BURMA WAY, ME5 0JR Near By properties

Interactive Map

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

Detached
- The average price is around £219,059 median price is £210,000 Standard Deviation is £117,773 with Total Sold: 343
- The Last 5 Year average price is £425,650 with Total Sold: 30
- 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 £154,296 median price is £142,748 Standard Deviation is £85,306 with Total Sold: 724
- The Last 5 Year average price is £295,434 with Total Sold: 103
- 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 £137,194 median price is £130,000 Standard Deviation is £71,967 with Total Sold: 811
- The Last 5 Year average price is £246,269 with Total Sold: 125
- 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 £181,750 median price is £181,000 Standard Deviation is £145,213 with Total Sold: 8
- The Last 5 Year average price is £263,000 with Total Sold: 4
- The most recent sale happened at this postcode is , 39 RAMILLIES CLOSE: £415,000 (Sold on 16 Dec 2022)
- 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 £91,820 median price is £92,000 Standard Deviation is £47,265 with Total Sold: 71
- The Last 5 Year average price is £165,333 with Total Sold: 9
- 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	£481,583	£3,394	6
2023	£445,400	£4,200	5
2022	£395,000	£5,022	3
2021	£482,500	£3,691	5
2020	£361,167	£3,280	6
2019	£377,700	£4,081	5
2018	£374,654	£3,407	13
2017	£350,650	£3,573	10
2016	£337,907	£3,249	15
2015	£287,100	£2,829	15
2014	£309,000	£2,124	8
2013	£246,567	£1,971	15
2012	£177,333	£1,804	3
2011	£189,429	£2,253	7
2010	£236,417	£2,125	9
2009	£222,750	£1,966	4
2008	£267,750	£3,027	6
2007	£256,411	£2,751	17
2006	£237,269	£2,211	13
2005	£223,845	£2,615	13
2004	£211,090	£2,144	22
2003	£196,362	£1,829	11
2002	£165,499	£1,653	13
2001	£144,539	£1,429	20
2000	£124,975	£1,170	20
1999	£109,845	£1,077	21
1998	£98,308	£1,027	13
1997	£88,188	£911	16
1996	£76,735	£764	17
1995	£80,208	£669	12

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£337,570	£3,208	9
2023	£328,050	£3,772	26
2022	£324,409	£3,795	11
2021	£275,675	£3,425	20
2020	£255,194	£3,288	18
2019	£272,989	£3,003	19
2018	£252,643	£3,200	14
2017	£247,397	£3,254	19
2016	£244,250	£2,962	24
2015	£195,057	£2,321	27
2014	£175,118	£2,131	19
2013	£147,688	£1,856	16
2012	£154,950	£1,638	10
2011	£154,866	£1,898	15
2010	£163,571	£1,822	14
2009	£144,378	£1,987	21
2008	£175,903	£1,944	16
2007	£169,890	£2,092	37
2006	£154,134	£1,907	41
2005	£145,800	£1,737	26
2004	£138,983	£1,874	37
2003	£130,694	£1,615	40
2002	£105,919	£1,304	44
2001	£91,477	£1,092	23
2000	£74,014	£856	30
1999	£68,933	£749	39
1998	£56,917	£692	32
1997	£53,887	£636	31
1996	£51,010	£539	24
1995	£48,162	£632	22

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£256,591	£4,183	11
2023	£279,799	£4,153	18
2022	£273,500	£3,996	24
2021	£245,962	£3,707	26
2020	£220,990	£3,310	24
2019	£211,909	£3,241	22
2018	£230,579	£3,407	19
2017	£218,893	£3,299	28
2016	£203,685	£2,937	27
2015	£168,167	£2,546	18
2014	£154,332	£2,459	30
2013	£141,229	£2,091	24
2012	£137,260	£1,985	25
2011	£134,933	£2,279	15
2010	£134,724	£2,160	20
2009	£123,307	£1,849	13
2008	£157,000	£2,229	14
2007	£148,453	£2,389	40
2006	£133,094	£2,134	35
2005	£127,802	£2,131	28
2004	£128,052	£1,955	43
2003	£118,321	£1,784	42
2002	£92,485	£1,441	49
2001	£74,951	£1,156	36
2000	£63,844	£1,059	54
1999	£55,888	£888	37
1998	£51,966	£782	27
1997	£44,375	£738	22
1996	£42,947	£679	19
1995	£42,023	£682	21

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£415,000	£5,461	1
2020	£212,333	£1,615	3
2017	£100,500	£2,253	4

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£200,000	£5,556	1
2021	£159,500	£3,738	2
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
2013	£92,000	£2,181	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	£97,199	£2,236	6
2005	£92,500	£2,004	2
2004	£96,400	£2,281	5
2003	£72,998	£1,652	5
2002	£73,250	£1,626	2
2001	£45,400	£1,005	5
2000	£40,760	£914	5
1999	£30,875	£768	4
1998	£30,417	£673	3
1996	£28,000	£651	1
1995	£29,000	£624	2

House Type in ME5 0JR area

The most common house types in the ME5 0JR postcode area are Semi-detached (83), Terraced (16), and Shared house (8).

Total	122
Semi-detached	83
Terraced	16
Shared house	8
Detached	6
Flat	6
commercial building	3
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (43), and Social rented: Other social rented (33).

Owned: Owns outright	43
Social rented: Other social rented	33
Owned: Owns with a mortgage or loan	28
Private rented: Private landlord or letting agency	10
Social rented: Rents from council or Local Authority	4
Private rented: Other private rented	3
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 0JR have 1 person in household (44), and 2 people in household (39).

1 person in household	44
2 people in household	39
3 people in household	23
4 people in household	9
5 people in household	5
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0