Housing Market Analysis for ME5 7EN

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

Overview of Sold House prices

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

  • Other
    • The average price is around £1,030,000 median price is £1,030,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £1,030,000 with Total Sold: 1
    • The most recent sale happened at this postcode is OLD ASH TREE RAINHAM ROAD: £1,030,000 (Sold on 11 Sep 2023)
    • The first recorded sale happened at this postcode is OLD ASH TREE RAINHAM ROAD: £1,030,000 (Sold on 11 Sep 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 7EN 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,030,0001

All the Sales in the ME5 7EN

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

AddressSold DatePrice% Change
OLD ASH TREE RAINHAM ROADOther, Freehold11 Sep 2023£1,030,000First Sale

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

ME5 7EN Near By properties

Interactive Map

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

  • Flat
    • The average price is around £91,586 median price is £88,000 Standard Deviation is £52,694 with Total Sold: 362
    • The Last 5 Year average price is £145,040 with Total Sold: 62
    • 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 , 42 KINGS ROAD: £21,000 (Sold on 24 Mar 1995)
  • Semi-Detached
    • The average price is around £184,165 median price is £175,000 Standard Deviation is £100,132 with Total Sold: 769
    • The Last 5 Year average price is £324,143 with Total Sold: 108
    • The most recent sale happened at this postcode is , 18 MALVERN ROAD: £388,000 (Sold on 28 Aug 2024)
    • The first recorded sale happened at this postcode is , 36 FIRST AVENUE: £74,000 (Sold on 06 Jan 1995)
  • Terraced
    • The average price is around £136,449 median price is £125,000 Standard Deviation is £77,872 with Total Sold: 2,652
    • The Last 5 Year average price is £244,063 with Total Sold: 421
    • The most recent sale happened at this postcode is , 130 ROCK AVENUE: £330,000 (Sold on 23 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 £250,578 median price is £230,998 Standard Deviation is £180,160 with Total Sold: 218
    • The Last 5 Year average price is £458,758 with Total Sold: 31
    • The most recent sale happened at this postcode is , 48 CLEAVE ROAD: £275,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 6 DERBY ROAD: £70,000 (Sold on 10 Mar 1995)
  • Other
    • The average price is around £395,948 median price is £210,000 Standard Deviation is £851,139 with Total Sold: 50
    • The Last 5 Year average price is £529,300 with Total Sold: 27
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£125,625 £1,646 4
2023£133,227 £3,203 11
2022£140,654 £3,556 13
2021£169,500 £3,420 16
2020£146,100 £2,801 5
2019£134,885 £2,886 13
2018£137,000 £2,616 10
2017£132,199 £2,609 15
2016£123,062 £2,685 16
2015£113,391 £2,476 16
2014£93,000 £2,205 9
2013£70,417 £1,780 3
2012£92,544 £1,912 11
2011£105,765 £2,242 15
2010£73,500 £1,860 6
2008£93,200 £1,688 5
2007£98,152 £2,153 23
2006£93,620 £2,373 29
2005£94,680 £2,245 11
2004£86,345 £2,061 23
2003£63,155 £1,664 16
2002£54,446 £1,143 28
2001£37,438 £856 13
2000£34,790 £745 14
1999£29,575 £707 10
1998£21,942 £254 6
1997£22,825 £387 10
1996£29,832 £598 3
1995£26,494 £591 8
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£353,000 £3,008 5
2023£380,250 £3,116 12
2022£378,092 £3,336 13
2021£325,115 £2,875 41
2020£307,222 £3,478 9
2019£273,911 £2,806 28
2018£295,172 £2,961 25
2017£302,257 £2,829 19
2016£261,563 £2,580 23
2015£229,875 £2,155 32
2014£220,242 £2,108 19
2013£207,972 £1,645 18
2012£174,354 £1,573 25
2011£205,167 £1,817 18
2010£165,941 £1,583 17
2009£163,920 £1,838 25
2008£188,565 £1,791 23
2007£198,292 £1,999 31
2006£193,662 £1,796 49
2005£167,927 £1,654 28
2004£161,796 £1,533 31
2003£158,359 £1,477 37
2002£147,012 £1,421 24
2001£116,802 £1,092 36
2000£105,842 £930 27
1999£80,139 £662 35
1998£78,757 £784 31
1997£67,814 £643 38
1996£64,999 £546 22
1995£65,291 £608 28
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£255,988 £2,862 32
2023£253,769 £3,151 59
2022£273,243 £3,332 93
2021£241,050 £2,725 97
2020£215,147 £2,488 72
2019£225,037 £2,570 68
2018£221,413 £2,522 86
2017£202,620 £2,424 76
2016£193,476 £2,478 89
2015£166,649 £1,924 97
2014£156,994 £1,850 84
2013£140,698 £1,656 63
2012£134,307 £1,524 35
2011£154,751 £1,659 52
2010£129,493 £1,585 43
2009£132,317 £1,569 37
2008£136,810 £1,654 46
2007£152,260 £1,908 136
2006£148,467 £1,634 137
2005£134,810 £1,731 100
2004£132,062 £1,550 120
2003£108,956 £1,331 132
2002£91,182 £1,069 133
2001£75,924 £915 119
2000£66,149 £783 148
1999£52,516 £598 138
1998£51,126 £581 103
1997£48,118 £501 102
1996£43,520 £485 92
1995£41,213 £454 63
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£432,300 £4,835 5
2023£776,250 £3,670 4
2022£556,000 £4,059 5
2021£335,833 £3,145 9
2020£403,125 £3,411 4
2019£385,000 £2,910 4
2018£452,600 £3,171 10
2017£442,000 £3,013 8
2016£318,499 £3,051 8
2015£265,077 £2,689 13
2014£237,000 £2,475 2
2013£213,921 £2,220 7
2012£237,426 £2,333 14
2011£234,666 £2,009 9
2010£290,875 £2,433 8
2009£230,000 £2,540 4
2008£227,750 £2,486 6
2007£220,600 £2,349 5
2006£207,600 £1,813 10
2005£271,600 £2,168 5
2004£248,250 £2,413 4
2003£224,625 £1,823 4
2002£181,545 £1,181 11
2001£133,727 £1,165 11
2000£105,817 £921 8
1999£95,380 £832 13
1998£106,999 £841 5
1997£93,499 £785 9
1996£62,429 £345 7
1995£88,508 £799 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,589,200 £7,696 5
2022£384,429 £4,206 7
2021£357,500 £2,894 6
2020£71,833 £4,375 3
2019£215,600 £3,281 6
2018£247,750 £3,183 8
2017£133,125 £2,508 8
2016£175,0001
2015£440,358 £2,449 5
2013£82,500 £1,251 1

House Type in ME5 7EN area

The most common house types in the ME5 7EN postcode area are Semi-detached (57), Shared house (29), and Terraced (21).

Total138
Semi-detached57
Shared house29
Terraced21
commercial building19
Flat10
Detached2
converted 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 (61), and Owned: Owns outright (36).

Private rented: Private landlord or letting agency61
Owned: Owns outright36
Owned: Owns with a mortgage or loan33
Social rented: Rents from council or Local Authority3
Social rented: Other social rented2
Private rented: Other private rented2
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the ME5 7EN have 2 people in household (41), and 1 person in household (37).

2 people in household41
1 person in household37
3 people in household31
4 people in household17
5 people in household10
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0