Housing Market Analysis for ME5 0LT

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    ME5 0LT Near By properties

    Interactive Map

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

    • Semi-Detached
      • The average price is around £184,853 median price is £159,845 Standard Deviation is £112,689 with Total Sold: 666
      • The Last 5 Year average price is £337,870 with Total Sold: 102
      • The most recent sale happened at this postcode is , 59 THE RIDGEWAY: £550,000 (Sold on 13 Sep 2024)
      • The first recorded sale happened at this postcode is , 15 WOOLWICH CLOSE: £53,500 (Sold on 06 Jan 1995)
    • Terraced
      • The average price is around £164,875 median price is £157,250 Standard Deviation is £94,243 with Total Sold: 326
      • The Last 5 Year average price is £291,556 with Total Sold: 45
      • The most recent sale happened at this postcode is , 12 COLCHESTER CLOSE: £200,000 (Sold on 26 Jul 2024)
      • The first recorded sale happened at this postcode is , 45 JACKSON AVENUE: £56,500 (Sold on 31 Mar 1995)
    • Detached
      • The average price is around £339,329 median price is £313,500 Standard Deviation is £193,369 with Total Sold: 292
      • The Last 5 Year average price is £598,830 with Total Sold: 44
      • The most recent sale happened at this postcode is , 29 THE RIDGEWAY: £850,000 (Sold on 14 Jun 2024)
      • The first recorded sale happened at this postcode is , 39A WALLACE ROAD: £96,000 (Sold on 03 Jan 1995)
    • Other
      • The average price is around £406,923 median price is £401,000 Standard Deviation is £392,527 with Total Sold: 13
      • The Last 5 Year average price is £538,625 with Total Sold: 8
      • The most recent sale happened at this postcode is , 17 ARGYLE CLOSE: £410,000 (Sold on 01 Mar 2024)
      • The first recorded sale happened at this postcode is , 262 MAIDSTONE ROAD: £401,000 (Sold on 27 Jan 2017)
    • Flat
      • The average price is around £115,300 median price is £120,000 Standard Deviation is £12,626 with Total Sold: 10
      • The most recent sale happened at this postcode is FLAT 4, CRAIG HOUSE WILSON AVENUE: £86,000 (Sold on 28 Aug 2014)
      • The first recorded sale happened at this postcode is FLAT 1, CRAIG HOUSE WILSON AVENUE: £120,000 (Sold on 28 Sep 2006)

    Sold Price Trend Over the Years:

    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£352,250 £3,905 10
    2023£354,877 £3,792 22
    2022£418,300 £3,673 15
    2021£332,268 £3,583 19
    2020£289,850 £3,548 20
    2019£296,769 £3,186 16
    2018£293,591 £3,406 22
    2017£291,000 £3,438 16
    2016£243,173 £2,907 24
    2015£241,595 £2,537 21
    2014£219,749 £2,384 31
    2013£190,909 £2,123 22
    2012£178,972 £2,019 18
    2011£184,937 £1,965 16
    2010£213,523 £2,119 15
    2009£182,265 £1,882 17
    2008£179,911 £1,937 17
    2007£227,348 £2,181 30
    2006£159,554 £1,992 22
    2005£172,499 £1,952 19
    2004£159,890 £1,728 23
    2003£132,018 £1,869 35
    2002£110,783 £1,274 28
    2001£115,581 £1,224 29
    2000£102,663 £1,139 33
    1999£72,640 £804 28
    1998£69,607 £723 22
    1997£59,757 £719 27
    1996£67,010 £615 31
    1995£59,361 £703 18
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£260,250 £4,271 4
    2023£297,125 £4,016 8
    2022£351,000 £4,089 9
    2021£276,556 £3,516 9
    2020£257,875 £3,026 8
    2019£284,429 £3,035 7
    2018£279,850 £3,070 10
    2017£287,200 £3,162 15
    2016£239,000 £2,797 7
    2015£193,400 £2,363 12
    2014£179,857 £2,274 7
    2013£172,214 £2,155 7
    2012£177,417 £1,983 6
    2011£170,643 £1,907 14
    2010£147,800 £1,944 10
    2009£149,000 £1,799 7
    2008£167,667 £1,624 9
    2007£194,213 £2,206 14
    2006£185,225 £2,242 8
    2005£161,500 £1,921 16
    2004£157,673 £1,763 23
    2003£133,526 £1,550 17
    2002£103,392 £1,197 14
    2001£87,892 £964 14
    2000£67,775 £770 10
    1999£66,066 £818 18
    1998£64,065 £726 15
    1997£49,499 £693 7
    1996£51,582 £599 11
    1995£48,000 £678 10
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£559,375 £3,394 4
    2023£673,571 £4,389 7
    2022£699,286 £4,366 7
    2021£485,692 £4,181 13
    2020£609,429 £3,757 7
    2019£653,500 £3,695 6
    2018£577,833 £3,687 6
    2017£431,611 £2,830 9
    2016£518,131 £3,306 8
    2015£376,677 £2,866 11
    2014£348,994 £2,730 9
    2013£393,250 £2,475 10
    2012£341,812 £2,711 8
    2011£262,000 £2,261 5
    2010£347,917 £2,346 6
    2009£282,833 £2,896 6
    2008£377,182 £1,565 11
    2007£382,083 £2,174 12
    2006£404,538 £2,699 13
    2005£345,550 £2,106 10
    2004£320,333 £2,157 21
    2003£290,594 £1,546 8
    2002£251,266 £1,738 15
    2001£209,257 £1,483 12
    2000£181,949 £1,206 10
    1999£149,731 £971 13
    1998£143,109 £1,165 16
    1997£134,500 £967 9
    1996£88,850 £578 10
    1995£125,800 £828 10
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£410,000 £4,713 1
    2023£520,000 £3,688 1
    2022£1,115,000 £2,622 2
    2020£287,250 £2,627 4
    2018£535,0001
    2017£111,500 £104 4
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2014£86,000 £2,606 1
    2013£117,000 £2,340 1
    2006£118,750 £2,915 8

    House Type in ME5 0LT area

    The most common house types in the ME5 0LT postcode area are Detached (112), Semi-detached (22), and Terraced (0).

    Total134
    Detached112
    Semi-detached22
    Terraced0
    Flat0
    Shared house0
    converted building0
    commercial building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Owned: Owns outright (64), and Owned: Owns with a mortgage or loan (59).

    Owned: Owns outright64
    Owned: Owns with a mortgage or loan59
    Private rented: Private landlord or letting agency11
    Private rented: Other private rented2
    Does not apply0
    Shared ownership: Shared ownership0
    Social rented: Rents from council or Local Authority0
    Social rented: Other social rented0
    Lives rent free0

    Number of People in a Household

    The most houses in the ME5 0LT have 2 people in household (48), and 3 people in household (26).

    2 people in household48
    3 people in household26
    4 people in household22
    1 person in household21
    5 people in household12
    6 people in household3
    8 or more people in household2
    7 people in household1
    0 people in household0