Housing Market Analysis for BEACON ROAD, ME5 7BT

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

Overview of Sold House prices

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

Flat
- The average price is around £80,789 median price is £82,500 Standard Deviation is £29,976 with Total Sold: 49
- The Last 5 Year average price is £137,000 with Total Sold: 5
- The most recent sale happened at this postcode is FLAT 6, ROMANY COURT BEACON ROAD: £143,500 (Sold on 21 Mar 2024)
- The first recorded sale happened at this postcode is FLAT 15, ROMANY COURT BEACON ROAD: £25,000 (Sold on 21 Feb 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 7BT 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£143,500		1
2022	£145,000	£4,389	1
2021	£138,000	£3,757	2
2019	£120,500	£3,618	1
2017	£113,750	£3,022	2
2016	£101,000	£3,135	2
2015	£96,125	£2,590	4
2014	£85,167	£2,254	3
2013	£70,417	£1,780	3
2012	£60,000	£1,450	1
2011	£57,500	£1,726	2
2007	£96,666	£2,622	6
2006	£82,500	£2,154	5
2004	£76,982	£1,995	3
2003	£67,750	£1,845	2
2002	£58,249	£1,768	4
2001	£38,998	£1,061	2
2000	£32,998	£632	2
1999	£28,500	£777	2
1997	£25,000	£618	1

All the Sales in the BEACON ROAD, ME5 7BT

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

Address	Sold Date	Price	% Change
FLAT 6, ROMANY COURT BEACON ROADFlat, Leasehold	21 Mar 2024	£143,500	22.13%
	23 Aug 2017	£117,500	47.80%
	31 Jul 2014	£79,500	-11.67%
	20 Oct 2006	£90,000	First Sale
FLAT 4, ROMANY COURT BEACON ROADFlat, LeaseholdArea: 33.04 Sq.mtrAge: 1983-1990	07 Oct 2022	£145,000	7.41%
	24 Sep 2021	£135,000	40.62%
	25 May 2016	£96,000	44.36%
	25 Jul 2003	£66,500	75.00%
	05 Apr 2001	£38,000	First Sale
FLAT 9, ROMANY COURT BEACON ROADFlat, LeaseholdArea: 41.13 Sq.mtrAge: 1991-1995	28 Sep 2021	£141,000	58.43%
	28 May 2014	£89,000	28.99%
	27 Jun 2003	£69,000	72.52%
	13 Jul 2001	£39,995	53.83%
	16 Nov 2000	£26,000	First Sale
FLAT 2, ROMANY COURT BEACON ROADFlat, LeaseholdArea: 33.31 Sq.mtrAge: 1983-1990	26 Jul 2019	£120,500	38.51%
	29 Aug 2014	£87,000	33.85%
	26 Oct 2011	£65,000	30.00%
	07 Jan 2011	£50,000	-43.50%
	28 Sep 2007	£88,500	50.00%
	11 Oct 2002	£59,000	First Sale
FLAT 8, ROMANY COURT BEACON ROADFlat, LeaseholdArea: 35.4 Sq.mtrAge: 1976-1982	18 Apr 2017	£110,000	10.00%
	30 Oct 2015	£100,000	37.00%
	17 Mar 2004	£72,995	First Sale
FLAT 1, ROMANY COURT BEACON ROADFlat, LeaseholdArea: 31.51 Sq.mtrAge: 1976-1982	14 Oct 2016	£106,000	14.59%
	18 Sep 2015	£92,500	3.93%
	19 Jan 2007	£89,000	First Sale
FLAT 13, ROMANY COURT BEACON ROADFlat, LeaseholdArea: 43 Sq.mtrAge: 1991-1995	13 Nov 2015	£100,000	14.61%
	07 Jun 2013	£87,250	-14.88%
	16 Aug 2007	£102,500	First Sale
FLAT 15, ROMANY COURT BEACON ROADFlat, LeaseholdArea: 40.43 Sq.mtrAge: 1996-2002	30 Jan 2015	£92,000	-13.20%
	14 Dec 2007	£105,995	28.48%
	12 May 2006	£82,500	5.84%
	10 Sep 2004	£77,950	147.46%
	08 Sep 1999	£31,500	26.00%
	21 Feb 1997	£25,000	First Sale
FLAT 3, ROMANY COURT BEACON ROADFlat, LeaseholdArea: 34 Sq.mtrAge: 1991-1995	24 Jul 2013	£60,000	-26.83%
	23 May 2006	£82,000	First Sale
FLAT 10, ROMANY COURT BEACON ROADFlat, LeaseholdArea: 41.37 Sq.mtrAge: 1991-1995	10 May 2013	£64,000	6.67%
	07 Jun 2012	£60,000	First Sale
FLAT 12, ROMANY COURT BEACON ROADFlat, Leasehold	27 Nov 2007	£103,000	First Sale
FLAT 7, ROMANY COURT BEACON ROADFlat, Leasehold	26 Mar 2007	£91,000	13.75%
	18 Jun 2004	£80,000	28.00%
	29 Nov 2002	£62,500	First Sale
FLAT 11, ROMANY COURT BEACON ROADFlat, LeaseholdArea: 46 Sq.mtrAge: 1991-1995	24 Feb 2006	£85,000	First Sale
FLAT 14, ROMANY COURT BEACON ROADFlat, LeaseholdArea: 32.89 Sq.mtrAge: 1991-1995	30 Jan 2006	£73,000	186.27%
	08 Mar 1999	£25,500	First Sale
FLAT 16, ROMANY COURT BEACON ROADFlat, LeaseholdArea: 34 Sq.mtrAge: 1983-1990	18 Oct 2002	£59,995	First Sale
FLAT 5, ROMANY COURT BEACON ROADFlat, Leasehold	26 Apr 2002	£51,500	28.77%
FLAT 5, ROMANY COURT BEACON ROADFlat, Leasehold	02 Jun 2000	£39,995	First Sale

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

BEACON ROAD, ME5 7BT Near By properties

Interactive Map

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

Flat
- The average price is around £86,666 median price is £85,000 Standard Deviation is £45,608 with Total Sold: 499
- The Last 5 Year average price is £127,778 with Total Sold: 86
- 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 FLAT 19, KINGSDALE COURT HOPEWELL DRIVE: £18,750 (Sold on 07 Feb 1995)
Terraced
- The average price is around £135,333 median price is £125,000 Standard Deviation is £76,158 with Total Sold: 1,375
- The Last 5 Year average price is £238,408 with Total Sold: 219
- The most recent sale happened at this postcode is , 206 UPPER LUTON ROAD: £243,000 (Sold on 08 Aug 2024)
- The first recorded sale happened at this postcode is , 127 RAINHAM ROAD: £27,000 (Sold on 01 Feb 1995)
Semi-Detached
- The average price is around £165,417 median price is £155,000 Standard Deviation is £91,773 with Total Sold: 631
- The Last 5 Year average price is £286,411 with Total Sold: 101
- The most recent sale happened at this postcode is , 311 BEACON ROAD: £312,000 (Sold on 31 Jul 2024)
- The first recorded sale happened at this postcode is , 57 LEYTON AVENUE: £78,000 (Sold on 12 Feb 1995)
Detached
- The average price is around £243,108 median price is £230,000 Standard Deviation is £163,400 with Total Sold: 194
- The Last 5 Year average price is £456,379 with Total Sold: 29
- The most recent sale happened at this postcode is , 10 DERBY ROAD: £494,000 (Sold on 07 Jun 2024)
- The first recorded sale happened at this postcode is , 73 ALLISON AVENUE: £86,000 (Sold on 28 Feb 1995)
Other
- The average price is around £478,878 median price is £245,000 Standard Deviation is £984,842 with Total Sold: 49
- The Last 5 Year average price is £545,165 with Total Sold: 26
- The most recent sale happened at this postcode is , AINSWORTH COURT 547-555, 555 CANTERBURY STREET: £6,000,000 (Sold on 20 Dec 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£104,429	£1,994	7
2023	£117,467	£2,547	15
2022	£119,150	£2,818	20
2021	£153,598	£3,088	20
2020	£122,591	£2,459	11
2019	£130,189	£2,948	13
2018	£123,472	£2,486	18
2017	£131,341	£2,533	17
2016	£101,545	£2,534	22
2015	£99,614	£2,314	22
2014	£79,284	£1,773	19
2013	£66,062	£1,636	4
2012	£88,386	£1,815	13
2011	£104,279	£2,262	16
2010	£80,100	£2,010	5
2009	£93,062	£1,706	4
2008	£104,700	£2,273	10
2007	£98,914	£2,150	30
2006	£92,158	£2,359	41
2005	£95,332	£2,025	15
2004	£86,887	£2,188	30
2003	£67,320	£1,745	25
2002	£53,196	£1,106	28
2001	£42,974	£1,043	22
2000	£33,913	£903	18
1999	£29,582	£735	15
1998	£26,853	£479	12
1997	£24,288	£454	13
1996	£27,657	£653	6
1995	£26,281	£577	8

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£272,873	£3,536	11
2023	£231,088	£3,079	37
2022	£274,268	£3,598	47
2021	£247,792	£2,826	53
2020	£196,829	£2,406	38
2019	£216,864	£2,615	33
2018	£207,878	£2,494	49
2017	£198,992	£2,406	50
2016	£190,912	£2,520	54
2015	£153,833	£1,918	54
2014	£151,744	£1,861	40
2013	£124,686	£1,502	35
2012	£142,023	£1,600	21
2011	£136,784	£1,608	35
2010	£127,543	£1,475	22
2009	£135,619	£1,595	21
2008	£138,426	£1,544	27
2007	£145,108	£1,910	80
2006	£137,974	£1,687	67
2005	£130,633	£1,801	56
2004	£126,509	£1,539	52
2003	£107,783	£1,290	70
2002	£88,868	£997	65
2001	£71,101	£805	64
2000	£61,789	£801	67
1999	£51,015	£581	61
1998	£50,808	£547	52
1997	£45,832	£475	48
1996	£44,203	£491	40
1995	£40,134	£454	26

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£258,107		7
2023	£326,409	£3,595	11
2022	£328,515	£3,742	13
2021	£285,646	£2,973	28
2020	£284,816	£3,448	19
2019	£254,348	£2,822	23
2018	£273,273	£3,209	22
2017	£276,910	£3,041	18
2016	£235,472	£2,674	16
2015	£187,414	£2,055	18
2014	£198,231	£2,096	13
2013	£160,455	£1,520	11
2012	£159,263	£1,690	19
2011	£167,353	£1,965	17
2010	£161,867	£1,696	15
2009	£158,875	£1,933	24
2008	£183,975	£1,841	20
2007	£175,180	£1,970	31
2006	£175,403	£1,818	31
2005	£148,047	£1,887	21
2004	£148,583	£1,483	18
2003	£143,960	£1,615	30
2002	£113,352	£1,321	30
2001	£95,402	£1,040	22
2000	£88,151	£906	26
1999	£71,301	£698	28
1998	£70,571	£734	28
1997	£62,940	£685	34
1996	£59,149	£604	19
1995	£62,187	£613	19

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£430,375	£3,824	4
2023	£765,000	£4,210	3
2022	£502,625	£4,106	8
2021	£378,000	£3,422	10
2020	£361,250	£3,672	2
2019	£347,500	£2,782	2
2018	£325,273	£3,269	11
2017	£384,850	£3,081	10
2016	£260,332	£2,932	6
2015	£247,444	£2,743	9
2014	£193,800	£2,215	5
2013	£227,500	£2,004	5
2012	£226,619	£2,193	19
2011	£195,943	£2,117	9
2010	£238,500	£2,379	6
2009	£260,000	£2,641	3
2008	£207,900	£2,102	5
2007	£208,250	£2,280	4
2006	£186,556	£1,630	9
2005	£278,250	£2,098	4
2004	£248,250	£2,413	4
2003	£248,167	£1,541	3
2002	£180,399	£1,320	10
2001	£128,562	£1,231	8
2000	£97,090	£834	6
1999	£85,333	£823	9
1998	£117,750	£1,041	4
1997	£106,214	£717	7
1996	£44,700	£345	5
1995	£75,688		4

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£1,380,167	£7,696	6
2022	£205,833	£4,904	6
2021	£523,333		3
2020	£580,000		2
2019	£214,255	£3,024	9
2018	£754,312	£10,629	8
2017	£175,000	£2,508	8
2016	£251,562	£1,604	4
2015	£383,750		2
2013	£82,500	£1,251	1

House Type in ME5 7BT area

The most common house types in the ME5 7BT postcode area are Terraced (56), Flat (42), and Semi-detached (38).

Total	161
Terraced	56
Flat	42
Semi-detached	38
Detached	22
Shared house	3
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (61), and Private rented: Private landlord or letting agency (45).

Owned: Owns with a mortgage or loan	61
Private rented: Private landlord or letting agency	45
Owned: Owns outright	44
Private rented: Other private rented	4
Social rented: Other social rented	3
Social rented: Rents from council or Local Authority	2
Shared ownership: Shared ownership	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the ME5 7BT have 1 person in household (60), and 2 people in household (51).

1 person in household	60
2 people in household	51
3 people in household	25
4 people in household	16
6 people in household	5
5 people in household	4
8 or more people in household	1
0 people in household	0
7 people in household	0