Housing Market Analysis for MERRIMANS VIEW, ME5 7BN

Are you looking to understand ME5 7BN 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 7BN area, explore the ME5 7BN Area information page.
For comprehensive crime statistics in the ME5 7BN area, explore the ME5 7BN Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME5 7BN postcode area, The average prices are as follows,

  • Flat
    • The average price is around £92,645 median price is £81,500 Standard Deviation is £50,410 with Total Sold: 10
    • The Last 5 Year average price is £210,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 7 MERRIMANS VIEW: £210,000 (Sold on 18 Mar 2022)
    • The first recorded sale happened at this postcode is 5 MERRIMANS VIEW: £46,000 (Sold on 04 Jun 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 7BN 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£210,000 £3,259 1
2018£120,000 £2,500 1
2016£135,000 £2,095 1
2005£111,000 £2,891 1
2004£88,5001
2003£74,500 £1,552 1
2001£48,2252
1999£45,500 £698 2

All the Sales in the MERRIMANS VIEW, ME5 7BN

See the table below for more details on the sold house prices in the ME5 7BN, Medway postcode.

AddressSold DatePrice% Change
7 MERRIMANS VIEWFlat, LeaseholdArea: 64.44 Sq.mtrAge: 1983-199018 Mar 2022£210,00055.56%
01 Jul 2016£135,000200.00%
23 Dec 1999£45,000First Sale
2 MERRIMANS VIEWFlat, LeaseholdArea: 48 Sq.mtrAge: 1983-199027 Feb 2018£120,00061.07%
03 Jul 2003£74,500First Sale
8 MERRIMANS VIEWFlat, LeaseholdArea: 38.4 Sq.mtrAge: 1991-199529 Jul 2005£111,000First Sale
4 MERRIMANS VIEWFlat, Leasehold27 Jul 2004£88,50071.84%
19 Dec 2001£51,500First Sale
3 MERRIMANS VIEWFlat, Leasehold24 Jan 2001£44,950First Sale
5 MERRIMANS VIEWFlat, Leasehold04 Jun 1999£46,000First Sale

Check out the sold house prices near the ME5 7BN postcode. Properties currently for saleProperties currently for rent

MERRIMANS VIEW, ME5 7BN Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME5 7BN 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 7BN postcode.

  • Flat
    • The average price is around £83,307 median price is £77,500 Standard Deviation is £50,117 with Total Sold: 534
    • The Last 5 Year average price is £143,383 with Total Sold: 77
    • The most recent sale happened at this postcode is FLAT 8, FLORENCE HOUSE 130A BEACON ROAD: £114,000 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , 5 CONNAUGHT MEWS: £22,000 (Sold on 27 Jan 1995)
  • Semi-Detached
    • The average price is around £112,362 median price is £105,100 Standard Deviation is £66,777 with Total Sold: 463
    • The Last 5 Year average price is £231,939 with Total Sold: 41
    • The most recent sale happened at this postcode is , 2A TENNYSON ROAD: £181,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 39 HENRY STREET: £30,000 (Sold on 06 Feb 1995)
  • Terraced
    • The average price is around £113,888 median price is £109,000 Standard Deviation is £66,456 with Total Sold: 5,566
    • The Last 5 Year average price is £207,618 with Total Sold: 805
    • The most recent sale happened at this postcode is , 33 TENNYSON ROAD: £237,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 7 MILTON ROAD: £43,000 (Sold on 06 Jan 1995)
  • Detached
    • The average price is around £195,098 median price is £178,000 Standard Deviation is £128,638 with Total Sold: 130
    • The Last 5 Year average price is £274,381 with Total Sold: 21
    • The most recent sale happened at this postcode is , 97 CONSTITUTION ROAD: £230,000 (Sold on 19 Dec 2023)
    • The first recorded sale happened at this postcode is , BUNGALOW, 1B BYRON ROAD: £37,000 (Sold on 20 Jan 1995)
  • Other
    • The average price is around £320,686 median price is £223,000 Standard Deviation is £471,126 with Total Sold: 44
    • The Last 5 Year average price is £479,156 with Total Sold: 16
    • The most recent sale happened at this postcode is UNIT 4, DAJEN BUSINESS PARK SECOND AVENUE: £335,000 (Sold on 17 Nov 2023)
    • The first recorded sale happened at this postcode is , 21 WARD VIEW: £82,500 (Sold on 29 Apr 2013)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£118,000 £1,646 5
2023£138,625 £3,198 12
2022£152,333 £3,392 24
2021£175,292 £3,426 12
2020£121,682 £2,462 11
2019£129,923 £2,374 13
2018£121,447 £2,512 19
2017£113,368 £2,467 19
2016£105,288 £2,196 24
2015£99,274 £2,074 25
2014£90,944 £2,204 9
2013£66,667 £1,541 6
2012£95,109 £1,935 9
2011£107,759 £2,229 21
2010£79,285 £1,882 7
2009£57,000 £1,533 3
2008£88,875 £1,756 8
2007£91,823 £1,820 41
2006£80,850 £1,925 30
2005£80,675 £1,931 27
2004£79,220 £2,021 43
2003£61,557 £1,364 25
2002£46,248 £1,102 41
2001£37,175 £883 21
2000£33,377 £743 27
1999£30,219 £722 16
1998£20,875 £502 12
1997£20,125 £370 8
1996£21,885 £511 7
1995£28,972 £769 9
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£242,6676
2023£277,000 £2,848 5
2022£250,000 £2,912 7
2021£238,583 £2,876 12
2020£180,875 £2,238 4
2019£190,286 £2,412 7
2018£189,768 £2,514 13
2017£185,667 £2,529 12
2016£197,875 £2,293 12
2015£164,889 £1,831 9
2014£106,571 £1,305 7
2013£165,500 £1,747 3
2012£138,143 £1,464 7
2011£130,944 £1,641 9
2010£108,658 £1,593 6
2009£109,250 £1,562 8
2008£144,782 £1,736 17
2007£134,206 £1,785 30
2006£137,625 £1,686 24
2005£128,068 £1,646 22
2004£121,607 £1,387 28
2003£101,831 £1,339 31
2002£85,642 £1,043 23
2001£68,994 £773 28
2000£62,247 £723 19
1999£47,379 £596 19
1998£52,200 £573 17
1997£40,484 £497 31
1996£37,000 £470 29
1995£37,625 £471 18
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£214,777 £2,730 72
2023£236,993 £2,988 140
2022£236,275 £3,147 135
2021£201,458 £2,589 192
2020£181,931 £2,340 136
2019£178,229 £2,310 130
2018£191,559 £2,342 161
2017£188,455 £2,459 172
2016£165,276 £2,254 197
2015£142,806 £1,806 203
2014£132,708 £1,652 179
2013£113,543 £1,437 136
2012£112,553 £1,411 114
2011£105,280 £1,365 101
2010£107,412 £1,413 94
2009£104,280 £1,320 80
2008£120,226 £1,612 125
2007£130,041 £1,717 290
2006£123,579 £1,568 271
2005£114,903 £1,556 224
2004£110,238 £1,400 262
2003£92,967 £1,235 309
2002£74,583 £961 273
2001£60,003 £784 294
2000£53,211 £685 293
1999£43,593 £558 249
1998£39,650 £511 238
1997£36,861 £463 188
1996£35,059 £426 152
1995£32,983 £410 156
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£278,333 £3,975 3
2022£298,188 £3,124 8
2021£245,750 £2,704 4
2020£285,000 £3,502 2
2019£247,125 £2,745 4
2018£461,800 £3,149 5
2017£240,571 £2,531 7
2016£254,417 £2,696 6
2015£174,055 £2,232 9
2014£85,000 £1,491 1
2013£181,250 £1,998 4
2012£232,148 £2,181 10
2011£192,748 £2,129 4
2010£174,000 £2,303 3
2009£134,333 £1,831 3
2008£181,500 £2,309 4
2007£147,500 £1,981 4
2006£181,750 £1,838 4
2005£210,999 £2,092 8
2004£175,000 £1,643 3
2003£232,400 £1,847 5
2002£109,749 £1,316 4
2001£103,082 £1,272 6
2000£71,500 £1,194 4
1999£60,400 £602 5
1998£103,748 £782 2
1997£68,000 £522 3
1996£40,125 £191 2
1995£44,000 £1,028 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£312,875 £4,650 4
2022£707,500 £18,622 2
2021£792,000 £7,574 4
2020£580,0002
2019£168,000 £4,423 4
2018£171,700 £2,463 5
2017£142,896 £2,234 16
2016£536,057 £1,080 6
2013£82,500 £1,251 1

House Type in ME5 7BN area

The most common house types in the ME5 7BN postcode area are Terraced (79), Flat (28), and Detached (13).

Total139
Terraced79
Flat28
Detached13
Semi-detached12
Shared house7
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (65), and Owned: Owns with a mortgage or loan (36).

Private rented: Private landlord or letting agency65
Owned: Owns with a mortgage or loan36
Owned: Owns outright29
Social rented: Rents from council or Local Authority5
Social rented: Other social rented5
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the ME5 7BN have 1 person in household (37), and 2 people in household (37).

1 person in household37
2 people in household37
3 people in household31
4 people in household22
5 people in household6
6 people in household4
7 people in household2
0 people in household0
8 or more people in household0