Housing Market Analysis for ME5 0LP

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average ME5 0LP 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 0LP

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

    AddressSold DatePrice% Change

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

    ME5 0LP Near By properties

    Interactive Map

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

    • Semi-Detached
      • The average price is around £161,397 median price is £152,000 Standard Deviation is £90,237 with Total Sold: 874
      • The Last 5 Year average price is £308,344 with Total Sold: 134
      • The most recent sale happened at this postcode is , 79 SUSSEX DRIVE: £330,000 (Sold on 06 Sep 2024)
      • The first recorded sale happened at this postcode is , 101 WALDERSLADE ROAD: £44,500 (Sold on 06 Jan 1995)
    • Detached
      • The average price is around £224,749 median price is £215,000 Standard Deviation is £112,581 with Total Sold: 628
      • The Last 5 Year average price is £392,914 with Total Sold: 73
      • 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 , 48 GATCOMBE CLOSE: £72,000 (Sold on 20 Jan 1995)
    • Terraced
      • The average price is around £140,098 median price is £133,000 Standard Deviation is £73,724 with Total Sold: 1,174
      • The Last 5 Year average price is £248,905 with Total Sold: 182
      • The most recent sale happened at this postcode is , 13 ROSEMARY CLOSE: £220,000 (Sold on 25 Jul 2024)
      • The first recorded sale happened at this postcode is , 27 RESOLUTION CLOSE: £40,000 (Sold on 02 Feb 1995)
    • Flat
      • The average price is around £88,536 median price is £80,000 Standard Deviation is £54,581 with Total Sold: 105
      • The Last 5 Year average price is £135,567 with Total Sold: 15
      • The most recent sale happened at this postcode is FLAT 11, LINDEN HOUSE SILVERWEED ROAD: £135,000 (Sold on 29 Sep 2023)
      • The first recorded sale happened at this postcode is , 194 CHURCHILL AVENUE: £27,000 (Sold on 08 Aug 1995)
    • Other
      • The average price is around £205,562 median price is £120,000 Standard Deviation is £206,996 with Total Sold: 8
      • The Last 5 Year average price is £535,000 with Total Sold: 2
      • 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 , 62 SILVERWEED ROAD: £50,000 (Sold on 01 May 2015)

    Sold Price Trend Over the Years:

    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£338,013 £3,999 10
    2023£319,271 £4,023 24
    2022£347,792 £3,928 24
    2021£297,734 £3,550 32
    2020£285,929 £3,555 21
    2019£278,109 £3,316 23
    2018£259,400 £3,446 10
    2017£265,875 £3,313 20
    2016£250,090 £3,002 29
    2015£215,514 £2,550 33
    2014£182,224 £2,285 20
    2013£165,547 £2,147 21
    2012£153,778 £1,716 9
    2011£159,117 £2,041 15
    2010£177,214 £1,883 14
    2009£156,400 £1,918 15
    2008£183,085 £2,353 17
    2007£176,056 £2,202 47
    2006£163,919 £2,037 44
    2005£163,237 £1,884 33
    2004£146,612 £1,899 39
    2003£142,909 £1,790 46
    2002£117,858 £1,426 46
    2001£102,384 £1,239 39
    2000£84,349 £977 44
    1999£74,210 £856 47
    1998£63,628 £738 42
    1997£57,056 £706 40
    1996£59,235 £631 34
    1995£52,425 £675 36
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£461,714 £3,740 7
    2023£439,462 £4,458 13
    2022£414,286 £4,639 7
    2021£389,578 £3,707 16
    2020£369,923 £3,489 13
    2019£340,912 £3,503 17
    2018£373,289 £3,304 19
    2017£349,052 £3,214 19
    2016£330,081 £3,328 32
    2015£286,913 £2,835 23
    2014£283,912 £2,161 17
    2013£245,850 £2,009 20
    2012£243,950 £1,881 10
    2011£200,975 £2,229 20
    2010£248,316 £2,126 15
    2009£234,550 £2,011 10
    2008£258,722 £2,953 9
    2007£248,596 £2,555 31
    2006£237,319 £2,186 31
    2005£220,216 £2,302 31
    2004£219,550 £2,116 30
    2003£201,025 £1,941 19
    2002£169,248 £1,772 26
    2001£141,643 £1,327 37
    2000£128,116 £1,199 28
    1999£106,844 £1,057 34
    1998£93,240 £971 25
    1997£84,027 £900 26
    1996£78,176 £785 22
    1995£75,226 £751 21
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£252,500 £4,171 14
    2023£270,996 £4,025 28
    2022£276,641 £4,082 39
    2021£248,458 £3,404 36
    2020£219,542 £3,151 30
    2019£224,514 £3,151 35
    2018£234,517 £3,269 29
    2017£230,607 £2,996 28
    2016£199,553 £2,965 47
    2015£179,214 £2,651 34
    2014£155,288 £2,355 40
    2013£137,293 £1,970 29
    2012£142,839 £1,892 28
    2011£145,477 £1,993 22
    2010£138,612 £1,944 17
    2009£136,262 £1,983 21
    2008£155,217 £2,160 23
    2007£149,694 £2,334 64
    2006£146,226 £2,115 63
    2005£135,215 £1,978 46
    2004£127,746 £1,930 63
    2003£118,104 £1,739 62
    2002£94,560 £1,426 66
    2001£73,951 £1,131 57
    2000£66,671 £1,022 59
    1999£54,457 £810 54
    1998£50,796 £774 39
    1997£47,255 £769 47
    1996£43,318 £704 22
    1995£43,595 £674 32
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£161,667 £3,182 3
    2022£137,750 £2,939 4
    2021£141,500 £3,738 3
    2020£126,500 £3,509 2
    2019£106,667 £2,741 3
    2018£195,000 £2,779 5
    2017£196,250 £2,856 6
    2016£123,167 £2,616 3
    2015£68,500 £1,468 2
    2014£82,498 £1,885 2
    2013£80,000 £1,798 2
    2012£99,167 £2,234 3
    2011£70,000 £1,905 1
    2010£86,000 £2,137 1
    2009£88,750 £1,710 2
    2008£94,749 £2,205 4
    2007£86,5002
    2006£81,687 £1,964 8
    2005£75,833 £2,017 3
    2004£94,500 £1,758 3
    2003£71,512 £1,775 11
    2002£60,200 £1,390 5
    2001£37,792 £1,059 8
    2000£41,959 £952 5
    1999£24,393 £526 7
    1998£22,562 £545 4
    1996£28,000 £651 1
    1995£21,250 £472 2
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£415,000 £5,461 1
    2020£655,000 £9,924 1
    2018£120,0002
    2017£114,750 £1,877 2
    2015£52,5002

    House Type in ME5 0LP area

    The most common house types in the ME5 0LP postcode area are Detached (42), Terraced (34), and Semi-detached (22).

    Total99
    Detached42
    Terraced34
    Semi-detached22
    Shared house1
    Flat0
    converted building0
    commercial building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (56), and Owned: Owns outright (32).

    Owned: Owns with a mortgage or loan56
    Owned: Owns outright32
    Private rented: Private landlord or letting agency9
    Shared ownership: Shared ownership1
    Social rented: Rents from council or Local Authority1
    Social rented: Other social rented1
    Does not apply0
    Private rented: Other private rented0
    Lives rent free0

    Number of People in a Household

    The most houses in the ME5 0LP have 2 people in household (29), and 4 people in household (27).

    2 people in household29
    4 people in household27
    3 people in household15
    5 people in household12
    1 person in household10
    6 people in household6
    7 people in household3
    0 people in household0
    8 or more people in household0