Housing Market Analysis for TIMBER BANK, ME5 0LF

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £117,657 median price is £118,000 Standard Deviation is £55,521 with Total Sold: 19
    • The Last 5 Year average price is £192,125 with Total Sold: 4
    • The most recent sale happened at this postcode is 16 TIMBER BANK: £148,500 (Sold on 29 Feb 2024)
    • The first recorded sale happened at this postcode is 16 TIMBER BANK: £35,000 (Sold on 02 Jun 1998)
  • Flat
    • The average price is around £98,450 median price is £104,000 Standard Deviation is £45,706 with Total Sold: 30
    • The Last 5 Year average price is £166,333 with Total Sold: 3
    • 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)
  • Other
    • The average price is around £83,500 median price is £83,500 Standard Deviation is £66,500 with Total Sold: 2
    • The Last 5 Year average price is £17,000 with Total Sold: 1
    • The most recent sale happened at this postcode is LAND ASSOCIATED WITH, 24 TIMBER BANK: £17,000 (Sold on 23 Apr 2020)
    • The first recorded sale happened at this postcode is 30 TIMBER BANK: £150,000 (Sold on 17 May 2017)
  • Semi-Detached
    • The average price is around £67,748 median price is £67,748 Standard Deviation is £15,752 with Total Sold: 2
    • The most recent sale happened at this postcode is 8 TIMBER BANK: £83,500 (Sold on 19 Apr 2004)
    • The first recorded sale happened at this postcode is 8 TIMBER BANK: £51,995 (Sold on 20 Jul 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 0LF 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£148,500 £4,122 1
2022£175,000 £3,571 1
2021£235,000 £4,427 1
2020£210,000 £3,956 1
2016£195,000 £3,674 1
2014£135,000 £2,812 1
2013£125,000 £2,355 1
2011£122,500 £2,427 2
2009£110,000 £2,245 1
2007£113,500 £2,260 1
2005£118,000 £2,510 1
2004£90,500 £1,802 1
2002£89,995 £1,875 1
2001£40,000 £796 1
2000£58,998 £1,157 2
1999£52,000 £1,061 1
1998£35,000 £971 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£200,000 £5,556 1
2019£149,500 £3,533 2
2018£151,000 £3,196 4
2016£104,750 £2,330 2
2015£125,500 £3,022 2
2014£125,000 £2,642 1
2008£111,250 £2,749 2
2007£103,000 £2,239 1
2006£99,250 £2,088 2
2005£101,500 £1,990 1
2004£96,750 £2,597 2
2003£72,998 £1,533 2
2001£44,500 £952 2
2000£38,667 £877 3
1999£32,000 £821 1
1998£32,000 £640 1
1995£31,000 £620 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£17,0001
2017£150,000 £3,000 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2004£83,500 £1,777 1
2001£51,995 £1,106 1

All the Sales in the TIMBER BANK, ME5 0LF

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

AddressSold DatePrice% Change
16 TIMBER BANKTerraced, LeaseholdArea: 36.03 Sq.mtrAge: 1983-199029 Feb 2024£148,500324.29%
02 Jun 1998£35,000First Sale
22 TIMBER BANKFlat, LeaseholdArea: 36 Sq.mtrAge: 1991-199510 Oct 2022£200,00050.38%
21 Sep 2015£133,00013.19%
15 Jul 2008£117,5008.29%
28 Jun 2004£108,500First Sale
4 TIMBER BANKTerraced, FreeholdArea: 49 Sq.mtrAge: 1983-199020 May 2022£175,00059.09%
29 Jul 2009£110,000-6.78%
18 Nov 2005£118,000103.45%
29 Sep 2000£58,00011.54%
07 Dec 1999£52,000First Sale
6 TIMBER BANKTerraced, FreeholdArea: 53.08 Sq.mtrAge: 1983-199002 Dec 2021£235,00011.90%
15 Apr 2020£210,0007.69%
26 Oct 2016£195,00056.00%
01 Nov 2013£125,0000.0
10 Nov 2011£125,000108.35%
20 Dec 2000£59,995First Sale
LAND ASSOCIATED WITH, 24 TIMBER BANKOther, Freehold23 Apr 2020£17,000First Sale
20 TIMBER BANKFlat, LeaseholdArea: 39 Sq.mtrAge: 1983-199022 Mar 2019£145,00070.59%
28 May 2004£85,000102.38%
06 Oct 2000£42,00031.25%
20 Apr 1999£32,000First Sale
12 TIMBER BANKFlat, LeaseholdArea: 46 Sq.mtrAge: 1983-199015 Feb 2019£154,0002.67%
09 Feb 2018£150,00045.63%
09 Mar 2007£103,000178.38%
01 Feb 2001£37,000First Sale
8 TIMBER BANKFlat, LeaseholdArea: 47 Sq.mtrAge: 1991-199528 Nov 2018£154,00018.92%
07 Nov 2016£129,50023.33%
28 Jul 2008£105,00025.75%
19 Apr 2004£83,50060.59%
20 Jul 2001£51,995First Sale
10 TIMBER BANKFlat, LeaseholdArea: 51 Sq.mtrAge: 1983-199023 Nov 2018£160,00057.64%
16 Dec 2005£101,500First Sale
28 TIMBER BANKFlat, LeaseholdArea: 45 Sq.mtrAge: 1983-199028 Sep 2018£140,00050.54%
09 Jun 2006£93,00040.92%
06 Mar 2003£65,99594.10%
11 Feb 2000£34,000First Sale
30 TIMBER BANKOther, LeaseholdArea: 50 Sq.mtrAge: 1983-199017 May 2017£150,00042.18%
29 Sep 2006£105,50031.88%
01 Sep 2003£80,000100.00%
14 Jul 2000£40,00025.00%
30 Jan 1998£32,0003.23%
14 Mar 1995£31,000First Sale
24 TIMBER BANKFlat, LeaseholdArea: 42 Sq.mtrAge: 1983-199015 Jan 2016£80,000First Sale
18 TIMBER BANKFlat, LeaseholdArea: 50.22 Sq.mtrAge: 1983-199031 Jul 2015£118,0003.96%
26 Jan 2007£113,50025.41%
07 May 2004£90,500126.25%
02 Jan 2001£40,000First Sale
26 TIMBER BANKFlat, LeaseholdArea: 47.31 Sq.mtrAge: 1991-199504 Dec 2014£125,000140.38%
07 Sep 2001£52,000First Sale
2 TIMBER BANKTerraced, FreeholdArea: 48 Sq.mtrAge: 1983-199004 Apr 2014£135,00012.50%
10 Mar 2011£120,00033.34%
22 Oct 2002£89,995First Sale

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

TIMBER BANK, ME5 0LF Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £140,944 median price is £130,000 Standard Deviation is £81,477 with Total Sold: 1,115
    • The Last 5 Year average price is £276,693 with Total Sold: 154
    • 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 £123,178 median price is £120,000 Standard Deviation is £66,396 with Total Sold: 1,673
    • The Last 5 Year average price is £230,039 with Total Sold: 213
    • 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 , 16 CLOVER BANK VIEW: £38,500 (Sold on 06 Jan 1995)
  • Flat
    • The average price is around £85,997 median price is £75,000 Standard Deviation is £44,767 with Total Sold: 153
    • The Last 5 Year average price is £133,980 with Total Sold: 25
    • The most recent sale happened at this postcode is , 213 CHURCHILL AVENUE: £310,000 (Sold on 21 Jun 2024)
    • The first recorded sale happened at this postcode is , 30 TIMBER BANK: £31,000 (Sold on 14 Mar 1995)
  • Detached
    • The average price is around £188,952 median price is £165,000 Standard Deviation is £104,577 with Total Sold: 185
    • The Last 5 Year average price is £366,100 with Total Sold: 15
    • The most recent sale happened at this postcode is , 43 RAMILLIES CLOSE: £430,000 (Sold on 07 Jun 2024)
    • The first recorded sale happened at this postcode is , 22 GLAMIS CLOSE: £86,000 (Sold on 09 Mar 1995)
  • Other
    • The average price is around £496,355 median price is £198,750 Standard Deviation is £1,247,519 with Total Sold: 20
    • The Last 5 Year average price is £757,509 with Total Sold: 11
    • The most recent sale happened at this postcode is , PETROL FILLING STATION PRINCES AVENUE: £5,900,000 (Sold on 24 Apr 2024)
    • The first recorded sale happened at this postcode is , 183B WAYFIELD ROAD: £160,000 (Sold on 05 Nov 2015)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£296,967 £3,362 11
2023£318,244 £3,991 32
2022£307,368 £4,109 19
2021£262,917 £3,572 36
2020£241,870 £3,372 27
2019£252,579 £3,090 29
2018£239,156 £3,293 32
2017£238,695 £3,261 31
2016£219,191 £2,902 38
2015£178,604 £2,256 24
2014£170,257 £2,308 36
2013£151,404 £2,118 26
2012£143,865 £1,948 26
2011£145,562 £2,113 16
2010£148,940 £1,930 16
2009£136,697 £1,874 33
2008£139,796 £1,994 26
2007£160,544 £2,048 44
2006£145,995 £2,061 51
2005£131,718 £1,987 39
2004£133,212 £1,878 49
2003£117,198 £1,767 62
2002£98,895 £1,363 76
2001£78,392 £1,148 48
2000£69,310 £1,000 47
1999£57,597 £830 60
1998£52,660 £744 45
1997£49,579 £714 59
1996£45,360 £648 40
1995£45,069 £692 37
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£241,321 £4,183 14
2023£262,677 £4,544 22
2022£250,490 £4,215 49
2021£224,981 £3,839 54
2020£221,744 £3,509 39
2019£193,429 £3,355 35
2018£207,289 £3,504 45
2017£208,516 £3,452 62
2016£197,532 £3,209 50
2015£159,382 £2,862 55
2014£148,815 £2,597 51
2013£126,920 £2,300 44
2012£129,093 £2,067 42
2011£124,940 £2,192 29
2010£120,108 £2,324 24
2009£122,038 £2,108 26
2008£134,952 £2,272 31
2007£138,191 £2,437 101
2006£128,669 £2,371 75
2005£123,438 £2,207 65
2004£115,739 £2,034 87
2003£108,503 £1,884 93
2002£81,677 £1,518 78
2001£66,156 £1,167 84
2000£58,191 £1,063 113
1999£48,736 £878 100
1998£45,634 £825 61
1997£41,384 £760 56
1996£38,346 £711 42
1995£40,053 £741 46
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£310,0001
2023£120,000 £3,750 1
2022£124,200 £2,971 5
2021£108,833 £2,574 3
2020£138,600 £2,490 5
2019£127,900 £2,796 10
2018£130,667 £2,742 6
2017£156,250 £2,852 2
2016£122,464 £2,456 7
2015£87,375 £2,158 6
2014£90,417 £2,113 3
2013£80,000 £1,509 1
2012£89,400 £1,496 5
2011£82,700 £1,595 5
2010£75,500 £1,807 2
2009£82,150 £1,681 5
2008£92,531 £2,405 8
2007£87,750 £2,239 4
2006£86,524 £2,031 8
2005£82,250 £2,004 4
2004£93,000 £2,094 6
2003£74,135 £1,476 11
2002£66,717 £1,485 9
2001£48,410 £1,035 13
2000£44,686 £970 7
1999£29,972 £840 9
1998£39,417 £801 3
1997£42,000 £808 1
1996£40,0001
1995£29,000 £624 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£471,250 £3,394 2
2023£473,500 £3,785 2
2022£400,000 £3,960 1
2021£328,000 £4,733 4
2020£283,500 £3,544 2
2019£330,750 £3,684 4
2018£392,500 £3,558 4
2017£328,500 £3,451 7
2016£356,000 £3,250 5
2015£246,586 £2,731 11
2014£248,400 £1,903 5
2013£203,300 £2,050 5
2012£200,000 £1,684 1
2011£197,167 £2,301 6
2010£227,750 £2,111 3
2009£252,500 £2,054 2
2008£196,500 £1,748 2
2007£210,856 £2,345 6
2006£216,562 £2,169 8
2005£179,935 £2,129 11
2004£203,900 £2,339 10
2003£154,926 £2,212 7
2002£153,562 £1,658 8
2001£124,090 £1,147 11
2000£120,700 £1,244 10
1999£91,583 £1,078 9
1998£82,788 £1,046 13
1997£86,111 £649 9
1996£75,250 £796 10
1995£78,714 £741 7
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£5,900,0001
2023£520,000 £3,688 1
2022£275,667 £4,951 3
2021£195,0001
2020£212,333 £1,615 3
2019£126,800 £2,688 2
2017£168,400 £2,253 5
2016£197,4993
2015£160,0001

House Type in ME5 0LF area

The most common house types in the ME5 0LF postcode area are Semi-detached (58), Terraced (50), and Flat (23).

Total140
Semi-detached58
Terraced50
Flat23
Shared house6
Detached3
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (44), and Owned: Owns with a mortgage or loan (41).

Social rented: Other social rented44
Owned: Owns with a mortgage or loan41
Owned: Owns outright31
Private rented: Private landlord or letting agency14
Social rented: Rents from council or Local Authority7
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the ME5 0LF have 1 person in household (52), and 3 people in household (32).

1 person in household52
3 people in household32
2 people in household29
4 people in household16
5 people in household8
6 people in household4
8 or more people in household1
0 people in household0
7 people in household0