Housing Market Analysis for ME5 7JN

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    ME5 7JN Near By properties

    Interactive Map

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

    • Terraced
      • The average price is around £131,826 median price is £126,995 Standard Deviation is £70,608 with Total Sold: 994
      • The Last 5 Year average price is £247,371 with Total Sold: 139
      • The most recent sale happened at this postcode is , 17 SHACKLETON CLOSE: £264,000 (Sold on 11 Sep 2024)
      • The first recorded sale happened at this postcode is , 16 CLOVER BANK VIEW: £38,500 (Sold on 06 Jan 1995)
    • Detached
      • The average price is around £245,954 median price is £231,750 Standard Deviation is £129,987 with Total Sold: 438
      • The Last 5 Year average price is £450,728 with Total Sold: 68
      • The most recent sale happened at this postcode is , 19 RYEGRASS CLOSE: £645,000 (Sold on 09 Aug 2024)
      • The first recorded sale happened at this postcode is , 43 BARLEYMOW CLOSE: £120,000 (Sold on 20 Jan 1995)
    • Semi-Detached
      • The average price is around £145,208 median price is £134,998 Standard Deviation is £85,847 with Total Sold: 664
      • The Last 5 Year average price is £301,445 with Total Sold: 69
      • The most recent sale happened at this postcode is , 46 WITTERSHAM CLOSE: £270,000 (Sold on 31 Jul 2024)
      • The first recorded sale happened at this postcode is , 4 WEY CLOSE: £49,000 (Sold on 20 Jan 1995)
    • Other
      • The average price is around £1,431,433 median price is £430,000 Standard Deviation is £2,064,822 with Total Sold: 6
      • The Last 5 Year average price is £1,932,150 with Total Sold: 4
      • The most recent sale happened at this postcode is , PETROL FILLING STATION PRINCES AVENUE: £5,900,000 (Sold on 24 Apr 2024)
      • The first recorded sale happened at this postcode is , 268A LORDS WOOD LANE: £420,000 (Sold on 16 Nov 2016)
    • Flat
      • The average price is around £75,078 median price is £71,250 Standard Deviation is £22,550 with Total Sold: 70
      • The Last 5 Year average price is £101,889 with Total Sold: 9
      • The most recent sale happened at this postcode is , 49 DOVE CLOSE: £112,000 (Sold on 06 Jul 2022)
      • The first recorded sale happened at this postcode is , 44 DOVE CLOSE: £40,000 (Sold on 10 May 1996)

    Sold Price Trend Over the Years:

    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£275,444 £3,011 9
    2023£276,683 £4,001 15
    2022£269,883 £4,100 30
    2021£234,792 £3,779 36
    2020£239,560 £3,475 25
    2019£217,385 £3,615 24
    2018£215,395 £3,438 21
    2017£215,500 £3,258 42
    2016£195,734 £3,338 27
    2015£177,522 £2,748 23
    2014£149,710 £2,473 33
    2013£135,945 £2,302 32
    2012£138,668 £1,975 19
    2011£134,625 £2,132 16
    2010£130,614 £2,042 11
    2009£125,348 £2,140 15
    2008£143,857 £2,149 21
    2007£151,994 £2,353 53
    2006£136,022 £2,186 50
    2005£128,230 £2,114 39
    2004£123,015 £2,097 48
    2003£116,033 £1,930 49
    2002£89,112 £1,486 53
    2001£76,131 £1,232 51
    2000£63,650 £1,089 56
    1999£54,320 £915 44
    1998£52,989 £840 55
    1997£48,681 £839 33
    1996£44,354 £706 32
    1995£41,945 £691 32
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£437,286 £6,250 7
    2023£472,500 £4,249 7
    2022£483,200 £4,579 10
    2021£466,421 £3,794 19
    2020£437,000 £3,755 13
    2019£408,833 £3,408 12
    2018£383,292 £3,550 12
    2017£371,692 £3,522 13
    2016£351,818 £3,452 11
    2015£272,600 £3,043 10
    2014£240,845 £2,828 13
    2013£242,500 £2,280 11
    2012£259,036 £2,302 14
    2011£268,143 £2,258 7
    2010£279,400 £2,303 10
    2009£251,500 £1,653 4
    2008£222,522 £1,801 9
    2007£269,886 £2,453 22
    2006£256,953 £2,094 29
    2005£218,678 £1,776 14
    2004£217,024 £2,249 20
    2003£221,500 £1,945 13
    2002£184,958 £1,670 24
    2001£141,162 £1,360 20
    2000£158,000 £1,195 14
    1999£129,051 £1,128 28
    1998£114,187 £1,083 16
    1997£97,737 £928 19
    1996£102,333 £767 21
    1995£84,669 £864 16
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£291,000 £4,785 3
    2023£300,409 £4,610 11
    2022£305,688 £4,948 16
    2021£327,867 £3,949 15
    2020£299,862 £4,047 13
    2019£265,000 £3,572 11
    2018£253,206 £3,887 18
    2017£249,308 £3,664 13
    2016£242,022 £3,257 23
    2015£215,250 £2,805 16
    2014£197,135 £2,681 13
    2013£163,500 £2,537 14
    2012£160,938 £2,293 8
    2011£157,045 £2,248 11
    2010£164,500 £2,344 11
    2009£160,231 £2,359 13
    2008£193,307 £2,208 13
    2007£167,664 £2,622 27
    2006£163,255 £2,181 42
    2005£142,308 £2,187 26
    2004£149,014 £2,020 33
    2003£126,580 £1,964 26
    2002£113,193 £1,556 36
    2001£92,243 £1,286 46
    2000£79,269 £1,157 47
    1999£64,291 £1,039 30
    1998£59,544 £878 34
    1997£59,335 £780 40
    1996£53,021 £690 28
    1995£51,471 £782 27
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£5,900,0001
    2022£1,630,000 £18,953 1
    2021£195,0001
    2019£3,6001
    2017£440,0001
    2016£420,000 £2,727 1
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£112,333 £2,110 3
    2021£90,000 £2,045 1
    2020£87,500 £1,944 2
    2019£105,000 £2,083 3
    2018£90,000 £1,832 2
    2017£120,000 £2,069 1
    2016£105,000 £2,283 2
    2015£71,312 £1,556 4
    2014£80,917 £1,754 3
    2013£80,000 £1,509 1
    2012£69,000 £1,388 3
    2011£85,875 £1,517 4
    2010£65,000 £1,477 1
    2009£76,688 £1,611 4
    2008£75,250 £1,583 3
    2007£88,500 £1,700 2
    2006£75,000 £1,389 1
    2005£105,000 £1,750 1
    2004£78,667 £1,512 3
    2003£67,198 £1,325 5
    2002£62,967 £1,266 9
    2001£55,150 £1,096 5
    2000£53,000 £1,205 1
    1999£35,333 £738 3
    1998£60,000 £1,154 1
    1997£42,000 £808 1
    1996£40,0001

    House Type in ME5 7JN area

    The most common house types in the ME5 7JN postcode area are Detached (105), Semi-detached (24), and Terraced (1).

    Total131
    Detached105
    Semi-detached24
    Terraced1
    Flat1
    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 outright (62), and Owned: Owns with a mortgage or loan (61).

    Owned: Owns outright62
    Owned: Owns with a mortgage or loan61
    Private rented: Private landlord or letting agency5
    Private rented: Other private rented3
    Social rented: Rents from council or Local Authority1
    Does not apply0
    Shared ownership: Shared ownership0
    Social rented: Other social rented0
    Lives rent free0

    Number of People in a Household

    The most houses in the ME5 7JN have 2 people in household (47), and 3 people in household (31).

    2 people in household47
    3 people in household31
    4 people in household26
    1 person in household14
    6 people in household9
    5 people in household5
    0 people in household0
    7 people in household0
    8 or more people in household0