Housing Market Analysis for GORSE AVENUE, ME5 0UN

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £118,000 median price is £118,000 Standard Deviation is £2,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 53 GORSE AVENUE: £116,000 (Sold on 31 Oct 2012)
    • The first recorded sale happened at this postcode is 53 GORSE AVENUE: £120,000 (Sold on 11 May 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 0UN 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2012£116,000 £1,487 1
2005£120,000 £1,440 1

All the Sales in the GORSE AVENUE, ME5 0UN

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

AddressSold DatePrice% Change
53 GORSE AVENUETerraced, FreeholdArea: 78 Sq.mtrAge: 1950-196631 Oct 2012£116,000-3.33%
11 May 2005£120,000First Sale

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

GORSE AVENUE, ME5 0UN Near By properties

Interactive Map

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

  • Detached
    • The average price is around £239,976 median price is £225,000 Standard Deviation is £125,674 with Total Sold: 487
    • The Last 5 Year average price is £418,413 with Total Sold: 66
    • 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)
  • Semi-Detached
    • The average price is around £163,578 median price is £154,000 Standard Deviation is £89,187 with Total Sold: 848
    • The Last 5 Year average price is £309,294 with Total Sold: 124
    • The most recent sale happened at this postcode is , 88 KING GEORGE ROAD: £350,000 (Sold on 27 Aug 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 £147,440 median price is £137,000 Standard Deviation is £76,019 with Total Sold: 1,014
    • The Last 5 Year average price is £256,300 with Total Sold: 184
    • The most recent sale happened at this postcode is , 91 SILVERWEED ROAD: £280,000 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is , 2 GREENACRE CLOSE: £58,500 (Sold on 27 Feb 1995)
  • Other
    • The average price is around £180,786 median price is £120,000 Standard Deviation is £208,666 with Total Sold: 7
    • 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 £76,622 median price is £70,995 Standard Deviation is £49,817 with Total Sold: 57
    • The Last 5 Year average price is £163,000 with Total Sold: 5
    • 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£459,625 £3,740 8
2023£466,500 £4,395 8
2022£403,143 £4,532 7
2021£449,883 £3,729 15
2020£368,750 £3,522 14
2019£390,964 £4,009 14
2018£387,971 £3,633 17
2017£345,941 £3,189 17
2016£335,844 £3,397 25
2015£304,429 £2,949 14
2014£297,909 £2,224 11
2013£251,342 £2,045 19
2012£249,938 £2,484 8
2011£209,844 £2,340 16
2010£280,346 £2,018 13
2009£225,200 £1,915 5
2008£265,350 £2,780 10
2007£248,348 £2,745 23
2006£249,850 £2,245 20
2005£222,653 £2,373 26
2004£222,250 £2,219 24
2003£214,133 £2,000 15
2002£177,749 £1,746 14
2001£143,582 £1,287 28
2000£131,230 £1,143 25
1999£113,875 £1,051 24
1998£99,969 £959 16
1997£83,197 £994 20
1996£80,591 £713 15
1995£77,891 £743 16
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£368,231 £2,923 13
2023£328,095 £3,945 21
2022£342,471 £4,027 17
2021£296,483 £3,525 30
2020£294,636 £3,641 22
2019£260,810 £3,283 21
2018£263,725 £3,444 20
2017£266,625 £3,198 20
2016£237,370 £2,989 27
2015£222,895 £2,931 34
2014£183,684 £2,418 19
2013£171,113 £2,143 22
2012£156,433 £1,820 15
2011£172,855 £2,090 19
2010£167,190 £1,949 21
2009£149,208 £1,869 12
2008£182,781 £2,183 16
2007£181,514 £2,178 45
2006£159,555 £1,993 44
2005£159,703 £1,778 24
2004£141,130 £1,836 38
2003£153,186 £1,789 41
2002£123,085 £1,350 41
2001£101,967 £1,146 31
2000£82,919 £951 41
1999£74,188 £805 45
1998£67,184 £791 32
1997£59,576 £725 52
1996£62,300 £620 30
1995£55,100 £653 35
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£256,500 £3,955 12
2023£274,925 £3,747 20
2022£288,283 £3,939 38
2021£264,766 £3,238 46
2020£221,440 £2,808 29
2019£231,462 £2,951 39
2018£242,419 £2,980 31
2017£216,774 £2,769 25
2016£201,770 £2,700 37
2015£178,395 £2,421 33
2014£158,879 £2,157 35
2013£135,427 £1,717 26
2012£139,907 £1,781 27
2011£143,131 £1,946 19
2010£137,632 £1,767 22
2009£131,870 £1,776 23
2008£159,222 £2,029 18
2007£151,773 £2,194 51
2006£134,945 £2,019 50
2005£134,772 £1,878 33
2004£127,396 £1,843 65
2003£121,609 £1,522 41
2002£94,667 £1,299 62
2001£72,890 £1,027 44
2000£68,023 £932 48
1999£54,909 £702 42
1998£52,174 £697 35
1997£48,554 £693 23
1996£43,297 £617 21
1995£44,776 £621 19
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£265,0001
2020£655,000 £9,924 1
2018£120,0002
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£188,000 £4,372 1
2019£182,500 £3,605 2
2018£260,000 £5,200 1
2016£115,833 £2,344 3
2015£69,000 £1,468 1
2014£89,995 £1,885 1
2013£80,000 £1,798 2
2012£85,000 £2,587 2
2011£90,000 £2,709 3
2010£140,000 £1,867 1
2009£73,500 £1,529 1
2008£87,000 £1,673 1
2007£98,500 £2,239 1
2006£84,800 £1,984 5
2004£86,500 £1,749 3
2003£69,499 £1,745 4
2002£60,874 £1,472 4
2001£39,999 £1,169 6
2000£34,581 £1,107 6
1999£21,000 £412 1
1998£21,333 £512 3
1997£6,0001
1996£28,000 £651 1
1995£15,500 £316 1

House Type in ME5 0UN area

The most common house types in the ME5 0UN 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 0UN 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