Housing Market Analysis for ME5 7EP

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average ME5 7EP 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 7EP

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

    AddressSold DatePrice% Change

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

    ME5 7EP Near By properties

    Interactive Map

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

    • Terraced
      • The average price is around £137,554 median price is £125,000 Standard Deviation is £78,709 with Total Sold: 2,338
      • The Last 5 Year average price is £246,698 with Total Sold: 371
      • 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 , 7 MILTON ROAD: £43,000 (Sold on 06 Jan 1995)
    • Semi-Detached
      • The average price is around £190,008 median price is £183,000 Standard Deviation is £99,929 with Total Sold: 795
      • The Last 5 Year average price is £331,923 with Total Sold: 111
      • 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 , 36 FIRST AVENUE: £74,000 (Sold on 06 Jan 1995)
    • Detached
      • The average price is around £249,738 median price is £229,750 Standard Deviation is £162,893 with Total Sold: 260
      • The Last 5 Year average price is £450,926 with Total Sold: 43
      • The most recent sale happened at this postcode is , 61 HOLMSIDE: £325,000 (Sold on 19 Jun 2024)
      • The first recorded sale happened at this postcode is , 6 DERBY ROAD: £70,000 (Sold on 10 Mar 1995)
    • Flat
      • The average price is around £90,323 median price is £88,000 Standard Deviation is £51,381 with Total Sold: 339
      • The Last 5 Year average price is £145,990 with Total Sold: 52
      • The most recent sale happened at this postcode is FLAT 2, FLORENCE HOUSE 130A BEACON ROAD: £150,000 (Sold on 31 May 2024)
      • The first recorded sale happened at this postcode is , 42 KINGS ROAD: £21,000 (Sold on 24 Mar 1995)
    • Other
      • The average price is around £529,382 median price is £210,000 Standard Deviation is £1,051,894 with Total Sold: 41
      • The Last 5 Year average price is £685,079 with Total Sold: 19
      • 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: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£251,553 £2,946 30
    2023£254,661 £3,253 49
    2022£274,959 £3,142 84
    2021£247,901 £2,805 82
    2020£216,690 £2,527 63
    2019£228,952 £2,596 63
    2018£218,822 £2,562 73
    2017£204,835 £2,458 66
    2016£195,060 £2,357 81
    2015£167,085 £1,953 82
    2014£159,632 £1,905 70
    2013£139,135 £1,687 54
    2012£136,419 £1,568 34
    2011£157,480 £1,682 48
    2010£131,956 £1,595 41
    2009£132,628 £1,589 33
    2008£141,732 £1,667 40
    2007£152,704 £1,813 124
    2006£149,459 £1,659 121
    2005£137,700 £1,648 90
    2004£130,278 £1,555 104
    2003£110,491 £1,340 115
    2002£92,436 £1,081 119
    2001£77,333 £914 105
    2000£66,657 £735 131
    1999£52,338 £607 122
    1998£53,089 £613 82
    1997£48,396 £507 91
    1996£44,327 £494 83
    1995£41,370 £465 58
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£347,333 £3,008 3
    2023£379,077 £3,194 13
    2022£378,092 £3,336 13
    2021£334,017 £2,901 41
    2020£321,455 £3,364 11
    2019£290,917 £2,860 30
    2018£296,127 £2,994 26
    2017£302,176 £2,861 22
    2016£272,088 £2,607 22
    2015£230,405 £2,182 32
    2014£225,453 £2,145 19
    2013£212,175 £1,678 20
    2012£179,013 £1,600 26
    2011£207,263 £1,837 19
    2010£174,200 £1,681 20
    2009£171,033 £1,871 30
    2008£188,955 £1,810 22
    2007£206,825 £2,060 34
    2006£201,291 £1,771 53
    2005£175,740 £1,695 29
    2004£168,006 £1,523 27
    2003£166,397 £1,572 36
    2002£151,591 £1,484 25
    2001£123,746 £1,098 37
    2000£107,939 £936 29
    1999£84,326 £713 38
    1998£81,515 £784 32
    1997£69,551 £653 38
    1996£73,262 £571 19
    1995£67,091 £609 29
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£471,625 £4,835 4
    2023£645,714 £4,095 7
    2022£545,500 £4,097 6
    2021£356,233 £3,548 12
    2020£415,500 £3,412 5
    2019£373,111 £3,020 9
    2018£377,600 £3,178 10
    2017£442,000 £3,013 8
    2016£329,222 £3,075 9
    2015£282,000 £2,893 14
    2014£285,500 £2,331 4
    2013£198,744 £2,192 8
    2012£243,748 £2,476 16
    2011£231,699 £1,969 10
    2010£261,200 £2,362 10
    2009£230,000 £2,540 4
    2008£227,786 £2,514 7
    2007£229,833 £2,328 6
    2006£201,909 £1,667 11
    2005£262,875 £2,089 6
    2004£235,970 £2,108 5
    2003£198,188 £1,833 8
    2002£185,857 £1,412 14
    2001£130,916 £1,110 12
    2000£106,282 £902 9
    1999£102,188 £898 13
    1998£120,000 £843 4
    1997£91,750 £793 10
    1996£65,950 £409 10
    1995£87,339 £760 9
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£146,7502
    2023£123,643 £3,203 7
    2022£145,350 £3,559 10
    2021£166,333 £3,512 15
    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£109,933 £2,789 15
    2015£113,391 £2,476 16
    2014£93,688 £2,207 8
    2013£70,417 £1,780 3
    2012£92,544 £1,912 11
    2011£105,765 £2,242 15
    2010£75,200 £1,922 5
    2008£93,200 £1,688 5
    2007£98,841 £2,159 22
    2006£96,125 £2,470 24
    2005£94,680 £2,245 11
    2004£86,360 £2,061 22
    2003£63,155 £1,664 16
    2002£54,446 £1,143 28
    2001£36,724 £856 12
    2000£35,620 £761 13
    1999£31,306 £707 9
    1998£21,942 £254 6
    1997£22,825 £387 10
    1996£29,832 £598 3
    1995£26,494 £591 8
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£3,515,0002
    2022£650,200 £4,206 5
    2021£386,250 £1,071 4
    2020£71,833 £4,375 3
    2019£195,000 £3,281 5
    2018£234,286 £3,627 7
    2017£573,609 £2,508 8
    2016£175,0001
    2015£440,358 £2,449 5
    2013£82,500 £1,251 1

    House Type in ME5 7EP area

    The most common house types in the ME5 7EP postcode area are Terraced (78), Semi-detached (57), and Flat (20).

    Total171
    Terraced78
    Semi-detached57
    Flat20
    Detached16
    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 with a mortgage or loan (50), and Owned: Owns outright (43).

    Owned: Owns with a mortgage or loan50
    Owned: Owns outright43
    Social rented: Other social rented28
    Private rented: Private landlord or letting agency25
    Shared ownership: Shared ownership22
    Private rented: Other private rented3
    Social rented: Rents from council or Local Authority1
    Does not apply0
    Lives rent free0

    Number of People in a Household

    The most houses in the ME5 7EP have 2 people in household (56), and 4 people in household (37).

    2 people in household56
    4 people in household37
    3 people in household35
    1 person in household30
    5 people in household9
    6 people in household6
    7 people in household1
    0 people in household0
    8 or more people in household0