Housing Market Analysis for ME5 7JL

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    ME5 7JL Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £83,757 median price is £82,750 Standard Deviation is £46,429 with Total Sold: 582
      • The Last 5 Year average price is £130,979 with Total Sold: 99
      • 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 £144,473 median price is £130,000 Standard Deviation is £85,492 with Total Sold: 707
      • The Last 5 Year average price is £260,582 with Total Sold: 117
      • The most recent sale happened at this postcode is , 17 BRACKEN LEA: £255,000 (Sold on 30 Aug 2024)
      • The first recorded sale happened at this postcode is , 20 WILTSHIRE CLOSE: £41,000 (Sold on 24 Feb 1995)
    • Terraced
      • The average price is around £119,627 median price is £113,500 Standard Deviation is £65,294 with Total Sold: 1,707
      • The Last 5 Year average price is £216,629 with Total Sold: 247
      • 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 , 173 CONSTITUTION ROAD: £37,500 (Sold on 10 Jan 1995)
    • Detached
      • The average price is around £219,778 median price is £200,000 Standard Deviation is £155,529 with Total Sold: 183
      • The Last 5 Year average price is £424,722 with Total Sold: 18
      • The most recent sale happened at this postcode is , 4 CAPSTONE ROAD: £275,000 (Sold on 07 Feb 2024)
      • The first recorded sale happened at this postcode is , 181 BEACON ROAD: £38,000 (Sold on 29 Sep 1995)
    • Other
      • The average price is around £525,479 median price is £247,500 Standard Deviation is £1,184,379 with Total Sold: 36
      • The Last 5 Year average price is £591,925 with Total Sold: 20
      • 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£104,429 £1,994 7
    2023£124,278 £2,547 18
    2022£130,276 £3,056 29
    2021£155,043 £3,169 22
    2020£117,591 £2,590 11
    2019£126,372 £2,930 12
    2018£121,816 £2,572 19
    2017£124,674 £2,621 19
    2016£96,508 £2,551 26
    2015£95,556 £2,213 27
    2014£80,145 £1,896 20
    2013£64,350 £1,685 5
    2012£88,501 £1,890 12
    2011£104,145 £2,296 17
    2010£80,100 £2,010 5
    2009£80,375 £1,512 6
    2008£100,917 £2,145 12
    2007£98,033 £2,206 30
    2006£88,659 £2,311 47
    2005£89,999 £1,907 18
    2004£81,285 £2,103 39
    2003£67,518 £1,732 27
    2002£46,491 £1,115 34
    2001£41,714 £1,028 29
    2000£35,517 £894 25
    1999£26,712 £674 20
    1998£27,327 £596 16
    1997£24,596 £473 13
    1996£25,055 £590 8
    1995£29,472 £698 9
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£247,93611
    2023£291,632 £4,044 19
    2022£304,318 £3,790 18
    2021£250,811 £3,004 26
    2020£249,611 £3,505 18
    2019£229,120 £2,946 25
    2018£243,761 £3,222 23
    2017£243,395 £3,383 19
    2016£229,784 £2,890 16
    2015£187,958 £2,253 24
    2014£166,109 £2,112 16
    2013£137,111 £1,844 9
    2012£135,967 £1,678 15
    2011£159,000 £2,066 15
    2010£125,950 £1,662 10
    2009£147,500 £1,973 14
    2008£159,988 £2,053 17
    2007£167,071 £2,126 35
    2006£155,258 £1,994 31
    2005£134,660 £2,113 28
    2004£134,730 £1,689 26
    2003£121,027 £1,632 30
    2002£98,045 £1,319 45
    2001£76,043 £1,100 31
    2000£72,886 £958 25
    1999£58,426 £784 35
    1998£58,242 £693 35
    1997£51,193 £705 49
    1996£50,976 £612 28
    1995£49,964 £637 14
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£218,892 £4,018 12
    2023£225,448 £3,161 53
    2022£239,663 £3,439 43
    2021£228,530 £2,864 61
    2020£186,926 £2,397 34
    2019£189,330 £2,673 44
    2018£188,877 £2,532 53
    2017£179,138 £2,362 66
    2016£171,981 £2,485 67
    2015£140,534 £2,006 67
    2014£138,505 £1,877 52
    2013£119,760 £1,592 48
    2012£120,309 £1,550 42
    2011£116,558 £1,556 40
    2010£105,120 £1,476 29
    2009£114,886 £1,488 22
    2008£125,671 £1,677 35
    2007£133,857 £1,902 99
    2006£120,317 £1,753 70
    2005£116,906 £1,755 80
    2004£110,548 £1,511 78
    2003£96,936 £1,289 90
    2002£77,183 £1,047 84
    2001£61,263 £839 88
    2000£53,071 £742 83
    1999£42,968 £577 63
    1998£42,246 £516 68
    1997£38,664 £503 56
    1996£37,823 £428 36
    1995£34,619 £482 44
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£300,000 £3,824 2
    2023£892,500 £3,985 2
    2022£488,750 £4,018 4
    2021£372,375 £4,353 4
    2020£361,250 £3,672 2
    2019£273,250 £2,994 4
    2018£325,250 £3,350 12
    2017£380,350 £3,018 10
    2016£261,062 £2,998 8
    2015£208,688 £2,499 8
    2014£186,250 £2,133 4
    2013£235,312 £2,293 8
    2012£217,054 £2,131 18
    2011£173,898 £2,115 5
    2010£239,250 £2,487 4
    2009£209,000 £2,542 2
    2008£172,000 £1,880 2
    2007£212,000 £2,300 4
    2006£181,917 £1,509 6
    2005£310,750 £3,160 4
    2004£211,856 £2,170 7
    2003£216,000 £1,355 6
    2002£157,453 £1,296 11
    2001£136,357 £1,270 7
    2000£108,714 £966 7
    1999£83,499 £883 11
    1998£98,800 £972 5
    1997£88,149 £638 10
    1996£49,200 £431 5
    1995£38,0001
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£1,533,840 £7,696 5
    2022£205,833 £4,904 6
    2021£273,667 £3,177 3
    2020£580,0002
    2019£238,324 £2,767 4
    2018£1,141,750 £17,631 4
    2017£174,714 £1,378 7
    2016£277,083 £1,604 3
    2015£375,0001
    2013£82,500 £1,251 1

    House Type in ME5 7JL area

    The most common house types in the ME5 7JL postcode area are Flat (47), Semi-detached (32), and Detached (22).

    Total124
    Flat47
    Semi-detached32
    Detached22
    Terraced20
    commercial building3
    Shared house0
    converted building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Owned: Owns outright (37), and Owned: Owns with a mortgage or loan (30).

    Owned: Owns outright37
    Owned: Owns with a mortgage or loan30
    Private rented: Private landlord or letting agency27
    Social rented: Other social rented26
    Social rented: Rents from council or Local Authority5
    Shared ownership: Shared ownership1
    Does not apply0
    Private rented: Other private rented0
    Lives rent free0

    Number of People in a Household

    The most houses in the ME5 7JL have 1 person in household (55), and 2 people in household (27).

    1 person in household55
    2 people in household27
    3 people in household21
    4 people in household12
    5 people in household3
    6 people in household2
    0 people in household0
    7 people in household0
    8 or more people in household0