Housing Market Analysis for ME5 7JZ

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    ME5 7JZ Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £88,102 median price is £86,748 Standard Deviation is £45,004 with Total Sold: 476
      • The Last 5 Year average price is £127,069 with Total Sold: 86
      • 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 FLAT 19, KINGSDALE COURT HOPEWELL DRIVE: £18,750 (Sold on 07 Feb 1995)
    • Semi-Detached
      • The average price is around £146,668 median price is £131,500 Standard Deviation is £86,719 with Total Sold: 661
      • The Last 5 Year average price is £260,758 with Total Sold: 115
      • 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 , 65 DOWNSVIEW: £57,000 (Sold on 12 Jan 1995)
    • Terraced
      • The average price is around £122,173 median price is £115,000 Standard Deviation is £65,738 with Total Sold: 1,288
      • The Last 5 Year average price is £216,827 with Total Sold: 194
      • 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 , 30 SOMERSET CLOSE: £39,000 (Sold on 20 Jan 1995)
    • Detached
      • The average price is around £220,638 median price is £205,000 Standard Deviation is £156,820 with Total Sold: 177
      • The Last 5 Year average price is £433,167 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 £550,947 median price is £245,000 Standard Deviation is £1,233,881 with Total Sold: 33
      • The Last 5 Year average price is £653,088 with Total Sold: 17
      • 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£118,562 £2,579 16
    2022£117,136 £2,776 22
    2021£155,548 £3,042 20
    2020£121,550 £2,567 10
    2019£126,951 £2,964 11
    2018£123,472 £2,503 18
    2017£124,516 £2,621 19
    2016£100,316 £2,577 19
    2015£100,562 £2,242 24
    2014£79,911 £1,826 18
    2013£66,062 £1,636 4
    2012£88,501 £1,890 12
    2011£106,279 £2,325 16
    2010£80,100 £2,010 5
    2009£80,375 £1,512 6
    2008£104,700 £2,273 10
    2007£97,981 £2,223 27
    2006£92,387 £2,371 40
    2005£88,999 £1,817 13
    2004£88,471 £2,193 30
    2003£70,975 £1,787 20
    2002£53,348 £1,248 20
    2001£45,825 £1,092 23
    2000£35,871 £924 20
    1999£27,980 £689 13
    1998£31,272 £642 11
    1997£25,795 £534 11
    1996£28,689 £678 5
    1995£26,875 £576 6
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£246,73010
    2023£273,294 £4,117 17
    2022£322,929 £3,836 18
    2021£252,273 £2,985 26
    2020£249,237 £3,461 19
    2019£230,660 £2,962 25
    2018£245,479 £3,240 24
    2017£249,676 £3,401 17
    2016£228,341 £2,910 17
    2015£189,417 £2,272 24
    2014£174,411 £2,261 14
    2013£137,111 £1,844 9
    2012£135,808 £1,706 13
    2011£159,286 £2,066 14
    2010£130,056 £1,722 9
    2009£147,538 £1,973 13
    2008£152,653 £2,097 15
    2007£168,609 £2,172 32
    2006£155,933 £1,994 30
    2005£127,779 £2,089 25
    2004£131,249 £1,721 20
    2003£119,586 £1,654 27
    2002£100,303 £1,355 43
    2001£74,172 £1,106 28
    2000£73,298 £993 24
    1999£58,543 £797 33
    1998£57,999 £706 32
    1997£52,057 £732 43
    1996£50,934 £626 25
    1995£51,766 £603 15
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£220,170 £4,018 10
    2023£224,738 £3,229 41
    2022£242,453 £3,645 32
    2021£231,150 £2,936 50
    2020£187,379 £2,398 33
    2019£183,893 £2,826 28
    2018£193,342 £2,686 38
    2017£181,936 £2,481 45
    2016£173,908 £2,676 49
    2015£142,484 £2,105 47
    2014£139,606 £1,939 40
    2013£119,861 £1,668 36
    2012£126,370 £1,712 27
    2011£115,982 £1,559 37
    2010£109,833 £1,590 21
    2009£120,119 £1,526 21
    2008£121,600 £1,534 30
    2007£136,114 £2,015 78
    2006£121,004 £1,812 55
    2005£118,677 £1,823 62
    2004£115,254 £1,598 55
    2003£99,873 £1,329 73
    2002£77,411 £1,088 62
    2001£62,719 £865 68
    2000£55,348 £788 60
    1999£44,464 £620 48
    1998£44,112 £541 49
    1997£38,836 £506 37
    1996£38,392 £449 26
    1995£36,233 £494 30
    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£363,900 £4,287 5
    2020£361,250 £3,672 2
    2019£305,000 £3,024 3
    2018£325,250 £3,350 12
    2017£380,350 £3,018 10
    2016£261,062 £2,998 8
    2015£214,786 £2,533 7
    2014£186,250 £2,133 4
    2013£223,928 £2,260 7
    2012£205,116 £2,138 17
    2011£173,898 £2,115 5
    2010£277,333 £2,636 3
    2009£209,000 £2,542 2
    2008£172,000 £1,880 2
    2007£212,000 £2,300 4
    2006£193,300 £1,332 5
    2005£310,750 £3,160 4
    2004£213,832 £2,267 6
    2003£216,000 £1,355 6
    2002£157,453 £1,296 11
    2001£136,357 £1,270 7
    2000£108,714 £966 7
    1999£83,374 £907 12
    1998£85,375 £1,092 4
    1997£94,388 £662 9
    1996£63,500 £431 6
    1995£38,0001
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£1,533,840 £7,696 5
    2022£194,000 £3,646 5
    2021£350,0001
    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 7JZ area

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