Housing Market Analysis for ME5 7HW

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    ME5 7HW Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £93,283 median price is £92,000 Standard Deviation is £51,579 with Total Sold: 289
      • The Last 5 Year average price is £150,221 with Total Sold: 43
      • 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 £188,201 median price is £180,000 Standard Deviation is £100,115 with Total Sold: 736
      • The Last 5 Year average price is £333,215 with Total Sold: 102
      • 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)
    • Detached
      • The average price is around £259,432 median price is £239,748 Standard Deviation is £166,711 with Total Sold: 240
      • The Last 5 Year average price is £468,776 with Total Sold: 41
      • 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 , 73 ALLISON AVENUE: £86,000 (Sold on 28 Feb 1995)
    • Terraced
      • The average price is around £140,380 median price is £127,500 Standard Deviation is £80,870 with Total Sold: 2,008
      • The Last 5 Year average price is £253,773 with Total Sold: 318
      • 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 , 38 COWPER ROAD: £30,000 (Sold on 11 Jan 1995)
    • Other
      • The average price is around £545,182 median price is £245,000 Standard Deviation is £1,052,565 with Total Sold: 40
      • The Last 5 Year average price is £604,300 with Total Sold: 22
      • 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£135,8333
    2023£131,071 £3,164 7
    2022£142,722 £3,628 9
    2021£182,700 £3,816 10
    2020£146,100 £2,801 5
    2019£143,611 £3,078 9
    2018£143,333 £2,658 9
    2017£135,214 £2,585 14
    2016£110,091 £2,797 11
    2015£113,391 £2,476 16
    2014£95,375 £2,216 8
    2013£70,417 £1,780 3
    2012£100,442 £1,982 9
    2011£106,176 £2,304 14
    2010£73,125 £1,757 4
    2008£93,750 £1,688 4
    2007£99,762 £2,104 20
    2006£95,739 £2,531 23
    2005£103,686 £2,261 8
    2004£86,806 £2,060 21
    2003£62,041 £1,513 12
    2002£55,833 £1,074 21
    2001£37,699 £818 11
    2000£35,830 £497 7
    1999£33,179 £710 7
    1998£21,942 £254 6
    1997£22,694 £387 9
    1996£29,832 £598 3
    1995£28,200 £478 6
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£345,0003
    2023£391,917 £3,194 12
    2022£377,100 £3,252 12
    2021£336,368 £2,903 40
    2020£322,625 £3,426 12
    2019£278,196 £2,781 23
    2018£299,565 £3,024 23
    2017£301,625 £2,924 19
    2016£266,426 £2,640 21
    2015£226,265 £2,166 30
    2014£229,506 £2,102 17
    2013£202,694 £1,615 18
    2012£174,764 £1,559 24
    2011£207,263 £1,837 19
    2010£174,941 £1,680 17
    2009£170,923 £1,912 26
    2008£194,095 £1,810 21
    2007£205,192 £2,060 34
    2006£203,021 £1,770 44
    2005£180,954 £1,802 23
    2004£171,237 £1,510 24
    2003£165,100 £1,566 33
    2002£153,357 £1,484 26
    2001£121,791 £1,087 33
    2000£107,491 £936 29
    1999£84,482 £694 34
    1998£82,234 £773 34
    1997£70,140 £661 37
    1996£71,157 £561 19
    1995£68,246 £615 29
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£432,300 £4,835 5
    2023£675,000 £4,150 6
    2022£538,444 £4,119 9
    2021£378,831 £3,556 13
    2020£403,125 £3,411 4
    2019£406,250 £3,098 4
    2018£372,364 £3,196 11
    2017£432,889 £3,154 9
    2016£287,312 £3,132 8
    2015£282,000 £2,893 14
    2014£279,667 £2,531 3
    2013£192,500 £2,053 5
    2012£248,048 £2,525 16
    2011£220,499 £2,084 10
    2010£261,200 £2,362 10
    2009£236,000 £2,481 5
    2008£230,643 £2,444 7
    2007£267,667 £2,375 3
    2006£211,750 £1,727 12
    2005£254,000 £2,017 7
    2004£248,250 £2,413 4
    2003£199,357 £1,823 7
    2002£195,625 £1,384 12
    2001£123,500 £1,158 10
    2000£105,817 £921 8
    1999£96,944 £895 10
    1998£124,000 £925 5
    1997£95,937 £785 8
    1996£63,750 £345 8
    1995£88,150 £799 7
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£269,379 £3,038 24
    2023£252,433 £3,285 42
    2022£282,628 £3,163 71
    2021£258,076 £2,860 71
    2020£224,442 £2,519 52
    2019£233,991 £2,634 58
    2018£216,939 £2,577 66
    2017£211,519 £2,479 59
    2016£196,251 £2,360 72
    2015£168,175 £1,955 71
    2014£162,043 £1,920 63
    2013£137,893 £1,641 46
    2012£142,075 £1,617 30
    2011£158,392 £1,693 46
    2010£136,755 £1,626 38
    2009£138,759 £1,608 27
    2008£141,132 £1,702 36
    2007£155,471 £1,752 104
    2006£148,215 £1,661 112
    2005£139,436 £1,648 71
    2004£133,753 £1,522 77
    2003£113,214 £1,343 91
    2002£94,118 £1,104 99
    2001£79,406 £862 98
    2000£66,128 £742 109
    1999£53,621 £599 96
    1998£54,673 £612 68
    1997£49,670 £510 83
    1996£44,323 £488 77
    1995£43,371 £463 51
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£1,853,7504
    2022£384,429 £4,206 7
    2021£379,000 £1,071 5
    2019£215,600 £3,281 6
    2018£306,583 £3,627 6
    2017£722,312 £2,508 6
    2016£175,0001
    2015£520,4474
    2013£82,500 £1,251 1

    House Type in ME5 7HW area

    The most common house types in the ME5 7HW 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 7HW 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