Housing Market Analysis for BRAKE AVENUE, ME5 0TR

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £270,000 median price is £270,000 Standard Deviation is £110,000 with Total Sold: 2
    • The Last 5 Year average price is £380,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 1A BRAKE AVENUE: £380,000 (Sold on 27 Jul 2022)
    • The first recorded sale happened at this postcode is 1A BRAKE AVENUE: £160,000 (Sold on 16 Oct 2013)
  • Semi-Detached
    • The average price is around £130,333 median price is £144,000 Standard Deviation is £40,762 with Total Sold: 3
    • The most recent sale happened at this postcode is 3 BRAKE AVENUE: £172,000 (Sold on 10 Oct 2006)
    • The first recorded sale happened at this postcode is 1A BRAKE AVENUE: £75,000 (Sold on 28 Feb 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 0TR 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£380,000 £3,689 1
2013£160,000 £1,553 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£172,000 £2,098 1
2003£144,000 £1,756 1
1997£75,000 £735 1

All the Sales in the BRAKE AVENUE, ME5 0TR

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

AddressSold DatePrice% Change
1A BRAKE AVENUEDetached, FreeholdArea: 103 Sq.mtrAge: 1950-196627 Jul 2022£380,000137.50%
16 Oct 2013£160,000113.33%
28 Feb 1997£75,000First Sale
3 BRAKE AVENUESemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1967-197510 Oct 2006£172,00019.44%
12 Dec 2003£144,000First Sale

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

BRAKE AVENUE, ME5 0TR Near By properties

Interactive Map

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

  • Detached
    • The average price is around £244,220 median price is £229,998 Standard Deviation is £128,449 with Total Sold: 310
    • The Last 5 Year average price is £435,819 with Total Sold: 36
    • 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 £155,212 median price is £144,998 Standard Deviation is £84,577 with Total Sold: 1,170
    • The Last 5 Year average price is £280,215 with Total Sold: 194
    • The most recent sale happened at this postcode is , 77 WATSON AVENUE: £225,000 (Sold on 02 Sep 2024)
    • The first recorded sale happened at this postcode is , 39 MEADOW CLOSE: £62,000 (Sold on 27 Jan 1995)
  • Terraced
    • The average price is around £144,181 median price is £134,950 Standard Deviation is £73,082 with Total Sold: 1,219
    • The Last 5 Year average price is £249,550 with Total Sold: 223
    • The most recent sale happened at this postcode is , 172 KING GEORGE ROAD: £370,000 (Sold on 01 Aug 2024)
    • The first recorded sale happened at this postcode is , 182 KING GEORGE ROAD: £28,875 (Sold on 03 Feb 1995)
  • Other
    • The average price is around £1,968,352 median price is £142,500 Standard Deviation is £5,164,221 with Total Sold: 14
    • The Last 5 Year average price is £4,084,982 with Total Sold: 6
    • The most recent sale happened at this postcode is , 86 HURSTWOOD: £265,000 (Sold on 05 Jun 2024)
    • The first recorded sale happened at this postcode is , HEALTH CLUB MAIDSTONE ROAD: £2,589,537 (Sold on 01 Sep 2014)
  • Flat
    • The average price is around £90,858 median price is £85,000 Standard Deviation is £51,113 with Total Sold: 101
    • The Last 5 Year average price is £167,889 with Total Sold: 9
    • The most recent sale happened at this postcode is , 2A VALE DRIVE: £200,000 (Sold on 02 Feb 2024)
    • The first recorded sale happened at this postcode is FLAT 4, PINE HOUSE GORSE AVENUE: £15,500 (Sold on 04 Sep 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£471,2504
2023£517,000 £4,194 4
2022£363,200 £4,125 5
2021£460,143 £3,871 14
2020£403,333 £3,601 6
2019£352,833 £3,693 3
2018£379,000 £3,255 7
2017£343,045 £3,125 11
2016£362,200 £3,648 15
2015£301,636 £3,220 11
2014£294,611 £2,527 9
2013£255,583 £2,141 12
2012£276,428 £2,017 7
2011£210,167 £2,487 6
2010£295,909 £2,084 11
2009£210,200 £2,496 5
2008£310,100 £2,210 5
2007£267,769 £3,003 13
2006£265,786 £2,027 14
2005£216,071 £2,648 7
2004£237,000 £2,050 23
2003£218,708 £1,699 12
2002£175,436 £1,531 8
2001£154,314 £1,221 20
2000£138,235 £1,175 17
1999£124,937 £1,075 20
1998£111,625 £854 8
1997£92,341 £770 16
1996£79,333 £682 9
1995£107,172 £809 8
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£293,844 £2,974 16
2023£297,391 £3,984 34
2022£313,453 £3,985 32
2021£281,837 £3,675 46
2020£251,661 £3,601 28
2019£250,197 £3,413 38
2018£257,064 £3,446 26
2017£244,312 £3,438 32
2016£235,974 £3,090 39
2015£206,467 £2,982 47
2014£176,100 £2,534 35
2013£160,485 £2,209 27
2012£149,874 £1,987 36
2011£146,040 £2,029 31
2010£148,516 £1,916 31
2009£142,687 £1,919 21
2008£180,000 £2,281 19
2007£164,913 £2,168 52
2006£153,648 £1,902 54
2005£144,925 £2,084 22
2004£139,256 £1,958 64
2003£127,014 £1,677 47
2002£108,376 £1,377 49
2001£90,638 £1,178 45
2000£76,209 £929 51
1999£63,663 £795 50
1998£61,229 £860 51
1997£55,420 £686 58
1996£53,164 £684 52
1995£50,932 £645 37
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£267,500 £3,908 13
2023£265,460 £3,941 25
2022£285,412 £3,892 39
2021£254,745 £3,228 52
2020£220,428 £2,905 38
2019£228,241 £2,947 56
2018£224,403 £2,902 33
2017£210,912 £2,881 36
2016£204,187 £2,757 55
2015£176,855 £2,376 38
2014£154,341 £2,140 46
2013£134,289 £1,773 35
2012£132,818 £1,814 33
2011£134,047 £1,836 21
2010£136,840 £1,760 32
2009£127,367 £1,620 30
2008£142,761 £1,946 23
2007£145,895 £2,085 62
2006£138,918 £1,893 64
2005£130,724 £1,861 29
2004£124,127 £1,754 63
2003£112,219 £1,521 48
2002£90,146 £1,237 70
2001£70,673 £991 53
2000£63,438 £832 54
1999£53,314 £691 53
1998£51,513 £683 43
1997£45,786 £624 26
1996£42,416 £572 30
1995£39,927 £540 19
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£265,0001
2023£20,351,8941
2022£1,242,667 £3,953 3
2021£165,000 £4,066 1
2018£87,3333
2017£5001
2016£90,0001
2015£52,5002
2014£2,589,5371
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£200,000 £4,444 1
2023£140,000 £2,980 2
2022£151,500 £3,467 2
2021£188,000 £4,372 1
2020£135,000 £2,935 1
2019£202,500 £4,252 2
2018£207,750 £5,200 2
2017£152,250 £3,482 4
2016£144,900 £2,683 5
2015£117,000 £2,654 4
2014£128,365 £2,648 3
2013£84,125 £1,918 4
2012£92,500 £1,940 4
2011£93,333 £2,779 3
2010£91,000 £2,085 5
2009£79,750 £1,529 2
2008£99,667 £2,173 3
2007£122,333 £2,733 3
2006£87,333 £1,931 6
2005£85,800 £1,802 5
2004£86,500 £1,600 3
2003£73,846 £1,820 6
2002£64,248 £1,342 6
2001£37,999 £1,163 5
2000£34,998 £856 3
1999£33,622 £748 4
1998£28,571 £660 7
1997£30,750 £684 2
1996£24,500 £558 2
1995£15,500 £316 1

House Type in ME5 0TR area

The most common house types in the ME5 0TR postcode area are Semi-detached (112), Detached (11), and Terraced (1).

Total124
Semi-detached112
Detached11
Terraced1
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 (49).

Owned: Owns outright64
Owned: Owns with a mortgage or loan49
Private rented: Private landlord or letting agency9
Shared ownership: Shared ownership1
Social rented: Rents from council or Local Authority1
Private rented: Other private rented1
Does not apply0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the ME5 0TR have 2 people in household (48), and 1 person in household (29).

2 people in household48
1 person in household29
3 people in household26
4 people in household15
5 people in household5
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0