Housing Market Analysis for ME5 0LN

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average ME5 0LN 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.

    All the Sales in the ME5 0LN

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

    AddressSold DatePrice% Change

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

    ME5 0LN Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £105,956 median price is £102,850 Standard Deviation is £56,521 with Total Sold: 88
      • The Last 5 Year average price is £173,158 with Total Sold: 25
      • The most recent sale happened at this postcode is , 65 CHATHAM GROVE: £130,000 (Sold on 30 Aug 2024)
      • The first recorded sale happened at this postcode is , 95 CHATHAM GROVE: £22,000 (Sold on 28 Feb 1997)
    • Terraced
      • The average price is around £126,479 median price is £120,000 Standard Deviation is £69,261 with Total Sold: 1,362
      • The Last 5 Year average price is £237,919 with Total Sold: 190
      • 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)
    • Semi-Detached
      • The average price is around £152,763 median price is £137,000 Standard Deviation is £87,306 with Total Sold: 1,047
      • The Last 5 Year average price is £285,432 with Total Sold: 184
      • The most recent sale happened at this postcode is , 122 EDEN AVENUE: £310,000 (Sold on 12 Aug 2024)
      • The first recorded sale happened at this postcode is , 15 WOOLWICH CLOSE: £53,500 (Sold on 06 Jan 1995)
    • Other
      • The average price is around £390,293 median price is £225,500 Standard Deviation is £324,712 with Total Sold: 10
      • The Last 5 Year average price is £525,073 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 , 183B WAYFIELD ROAD: £160,000 (Sold on 05 Nov 2015)
    • Detached
      • The average price is around £213,651 median price is £206,000 Standard Deviation is £109,977 with Total Sold: 44
      • The Last 5 Year average price is £333,398 with Total Sold: 15
      • The most recent sale happened at this postcode is , 7A MONTGOMERY AVENUE: £335,000 (Sold on 01 Feb 2023)
      • The first recorded sale happened at this postcode is , 1 STALIN AVENUE: £18,860 (Sold on 22 Apr 1996)

    Sold Price Trend Over the Years:

    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£208,3333
    2023£182,0001
    2022£176,333 £3,474 3
    2021£168,765 £3,012 13
    2020£127,000 £3,098 1
    2019£168,000 £2,849 4
    2018£110,000 £2,619 1
    2017£130,500 £2,590 6
    2016£122,350 £2,340 5
    2014£93,333 £1,787 3
    2013£59,000 £1,439 1
    2011£110,000 £1,711 2
    2008£125,000 £1,453 1
    2007£105,333 £2,284 3
    2006£102,233 £2,117 3
    2005£76,000 £1,788 2
    2004£84,071 £1,612 7
    2003£75,285 £1,327 7
    2002£53,599 £1,108 5
    2001£55,500 £922 2
    2000£38,717 £813 9
    1999£33,349 £672 5
    1997£22,000 £524 1
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£262,059 £3,541 17
    2023£267,583 £4,263 16
    2022£257,378 £4,056 39
    2021£233,295 £3,718 44
    2020£236,953 £3,354 32
    2019£204,357 £2,997 42
    2018£206,594 £3,438 32
    2017£211,717 £3,334 46
    2016£207,846 £2,823 39
    2015£159,944 £2,657 45
    2014£151,820 £2,433 47
    2013£123,389 £2,065 36
    2012£127,809 £1,950 33
    2011£124,774 £1,926 31
    2010£118,504 £2,219 21
    2009£123,409 £1,870 22
    2008£143,526 £1,942 19
    2007£138,434 £2,245 80
    2006£127,807 £2,234 70
    2005£124,786 £2,019 49
    2004£114,873 £1,817 71
    2003£105,246 £1,770 71
    2002£82,741 £1,438 63
    2001£67,221 £1,112 81
    2000£58,841 £974 95
    1999£47,500 £796 71
    1998£46,930 £760 48
    1997£41,695 £703 36
    1996£41,333 £668 36
    1995£39,548 £683 30
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£269,214 £3,439 7
    2023£308,731 £4,053 26
    2022£325,557 £3,856 26
    2021£296,124 £3,577 69
    2020£249,760 £3,539 25
    2019£240,871 £3,050 31
    2018£241,740 £3,182 42
    2017£245,172 £3,163 29
    2016£218,149 £3,002 32
    2015£196,015 £2,477 33
    2014£169,734 £2,301 32
    2013£148,029 £2,094 22
    2012£143,931 £2,070 29
    2011£149,156 £2,000 16
    2010£151,581 £1,930 19
    2009£139,236 £1,853 33
    2008£148,988 £1,989 22
    2007£156,909 £2,102 45
    2006£140,731 £2,155 40
    2005£127,574 £1,996 33
    2004£138,058 £1,797 42
    2003£116,213 £1,748 48
    2002£97,300 £1,374 62
    2001£75,120 £1,068 48
    2000£70,684 £1,007 44
    1999£55,143 £839 45
    1998£53,377 £731 35
    1997£47,912 £721 47
    1996£47,968 £608 36
    1995£46,776 £704 29
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£520,000 £3,688 1
    2022£110,0001
    2020£1,140,0001
    2019£460,146 £2,937 3
    2016£197,4993
    2015£160,0001
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£335,000 £3,988 1
    2022£372,495 £3,707 2
    2021£330,998 £3,730 11
    2019£280,000 £3,500 1
    2016£274,833 £2,956 3
    2015£213,817 £3,215 3
    2014£207,000 £2,407 1
    2011£185,000 £2,357 2
    2008£196,500 £1,748 2
    2007£171,160 £2,272 4
    2006£155,000 £2,559 1
    2005£138,000 £2,339 1
    2003£125,0001
    2002£145,000 £1,522 2
    2001£76,998 £1,304 2
    2000£74,000 £1,233 1
    1999£60,500 £1,016 2
    1998£67,750 £1,126 3
    1996£18,860 £385 1

    House Type in ME5 0LN area

    The most common house types in the ME5 0LN postcode area are Semi-detached (83), Terraced (31), and Flat (9).

    Total128
    Semi-detached83
    Terraced31
    Flat9
    Detached4
    Shared house1
    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 (55), and Owned: Owns with a mortgage or loan (33).

    Social rented: Other social rented55
    Owned: Owns with a mortgage or loan33
    Owned: Owns outright20
    Private rented: Private landlord or letting agency12
    Social rented: Rents from council or Local Authority5
    Private rented: Other private rented1
    Lives rent free1
    Does not apply0
    Shared ownership: Shared ownership0

    Number of People in a Household

    The most houses in the ME5 0LN have 2 people in household (34), and 1 person in household (31).

    2 people in household34
    1 person in household31
    3 people in household23
    4 people in household23
    5 people in household13
    6 people in household3
    8 or more people in household1
    0 people in household0
    7 people in household0