Housing Market Analysis for ME5 0TU

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    ME5 0TU Near By properties

    Interactive Map

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

    • Detached
      • The average price is around £241,585 median price is £229,995 Standard Deviation is £130,773 with Total Sold: 279
      • The Last 5 Year average price is £419,521 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 £156,108 median price is £145,000 Standard Deviation is £83,205 with Total Sold: 1,051
      • The Last 5 Year average price is £281,510 with Total Sold: 178
      • 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 , 101 WALDERSLADE ROAD: £44,500 (Sold on 06 Jan 1995)
    • Terraced
      • The average price is around £146,670 median price is £135,000 Standard Deviation is £73,817 with Total Sold: 962
      • The Last 5 Year average price is £252,035 with Total Sold: 178
      • 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 , 16 HONEYSUCKLE CLOSE: £62,250 (Sold on 31 Mar 1995)
    • Other
      • The average price is around £160,938 median price is £87,500 Standard Deviation is £202,130 with Total Sold: 8
      • The Last 5 Year average price is £460,000 with Total Sold: 2
      • 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 , 62 SILVERWEED ROAD: £50,000 (Sold on 01 May 2015)
    • Flat
      • The average price is around £84,090 median price is £81,000 Standard Deviation is £52,741 with Total Sold: 65
      • The Last 5 Year average price is £157,667 with Total Sold: 6
      • 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 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£474,4005
    2023£479,000 £3,648 3
    2022£361,200 £4,169 5
    2021£448,854 £3,763 12
    2020£389,167 £3,670 6
    2019£353,300 £3,918 5
    2018£388,667 £3,334 9
    2017£323,000 £3,265 11
    2016£356,769 £3,581 13
    2015£302,600 £2,981 10
    2014£321,429 £1,986 7
    2013£248,591 £2,051 11
    2012£311,667 £1,926 3
    2011£212,100 £2,360 10
    2010£296,562 £1,886 8
    2009£221,000 £2,468 6
    2008£285,625 £3,027 4
    2007£262,785 £3,003 14
    2006£266,400 £2,089 10
    2005£210,249 £2,466 12
    2004£223,000 £2,318 16
    2003£215,055 £1,904 9
    2002£172,554 £1,710 9
    2001£145,017 £1,107 17
    2000£130,923 £1,175 13
    1999£109,809 £1,043 17
    1998£89,438 £1,068 8
    1997£82,708 £971 12
    1996£71,499 £592 8
    1995£77,750 £411 6
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£313,067 £2,833 15
    2023£303,297 £3,983 36
    2022£309,333 £3,973 27
    2021£273,549 £3,636 41
    2020£253,231 £3,614 26
    2019£252,803 £3,210 33
    2018£253,008 £3,472 22
    2017£233,318 £3,472 22
    2016£235,914 £3,022 35
    2015£199,544 £2,818 46
    2014£173,843 £2,416 35
    2013£149,250 £2,016 24
    2012£149,924 £1,922 27
    2011£146,312 £1,953 28
    2010£154,074 £1,936 27
    2009£144,169 £2,077 20
    2008£178,533 £2,194 15
    2007£169,298 £2,097 47
    2006£154,306 £1,896 49
    2005£155,405 £1,873 28
    2004£138,382 £1,929 60
    2003£127,295 £1,693 41
    2002£110,979 £1,407 51
    2001£88,762 £1,104 39
    2000£78,350 £948 49
    1999£64,104 £763 50
    1998£61,737 £815 45
    1997£54,093 £679 47
    1996£52,437 £646 40
    1995£50,702 £698 26
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£269,077 £3,955 13
    2023£267,929 £3,857 21
    2022£290,308 £3,870 30
    2021£256,470 £3,172 42
    2020£223,065 £2,828 27
    2019£227,422 £2,944 45
    2018£232,769 £2,823 26
    2017£215,306 £2,894 27
    2016£204,927 £2,710 41
    2015£174,266 £2,320 30
    2014£154,277 £2,138 35
    2013£138,200 £1,665 28
    2012£137,016 £1,756 31
    2011£140,937 £1,855 16
    2010£135,288 £1,758 24
    2009£122,367 £1,506 15
    2008£152,500 £1,988 20
    2007£151,363 £2,135 48
    2006£129,750 £1,881 45
    2005£130,833 £1,858 27
    2004£129,359 £1,771 62
    2003£119,962 £1,491 41
    2002£94,258 £1,256 56
    2001£70,531 £1,010 38
    2000£65,945 £865 43
    1999£55,356 £693 42
    1998£52,122 £671 37
    1997£43,632 £580 17
    1996£41,787 £587 20
    1995£42,282 £561 15
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£265,0001
    2020£655,000 £9,924 1
    2018£87,3333
    2017£5001
    2015£52,5002
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£135,000 £2,808 1
    2022£127,000 £2,642 1
    2021£159,500 £3,738 2
    2019£182,500 £3,605 2
    2018£260,000 £5,200 1
    2016£142,875 £2,545 4
    2015£69,000 £1,468 1
    2014£135,048 £2,641 2
    2013£80,000 £1,798 2
    2012£91,875 £1,965 4
    2011£90,000 £2,814 3
    2010£85,000 £1,867 2
    2009£73,500 £1,529 1
    2008£103,332 £2,027 3
    2007£121,0001
    2006£88,928 £2,025 7
    2005£83,500 £2,017 1
    2004£84,750 £1,600 2
    2003£68,999 £1,745 5
    2002£58,000 £1,093 3
    2001£35,833 £1,010 6
    2000£27,998 £577 2
    1999£24,416 £526 3
    1998£21,333 £512 3
    1997£31,0001
    1996£28,000 £651 1
    1995£15,500 £316 1

    House Type in ME5 0TU area

    The most common house types in the ME5 0TU postcode area are Terraced (80), Detached (32), and Semi-detached (11).

    Total123
    Terraced80
    Detached32
    Semi-detached11
    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 (45), and Social rented: Other social rented (29).

    Owned: Owns outright45
    Social rented: Other social rented29
    Owned: Owns with a mortgage or loan27
    Private rented: Private landlord or letting agency12
    Social rented: Rents from council or Local Authority6
    Shared ownership: Shared ownership3
    Private rented: Other private rented1
    Does not apply0
    Lives rent free0

    Number of People in a Household

    The most houses in the ME5 0TU have 2 people in household (34), and 3 people in household (30).

    2 people in household34
    3 people in household30
    1 person in household28
    4 people in household19
    6 people in household6
    5 people in household3
    7 people in household3
    0 people in household0
    8 or more people in household0