Are you looking to understand ME5 7LA 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 7LA area, explore the ME5 7LA Area information page.
For comprehensive crime statistics in the ME5 7LA area, explore the ME5 7LA Crime Rates page.
As per the latest sold houses in the ME5 7LA postcode area, The average prices are as follows,
Below table and chart gives the average ME5 7LA 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.
| Year | Avg. Price | Avg. Price/Sq. mtr | Sold |
|---|---|---|---|
| 2022 | £115,000 | 1 | |
| 2014 | £87,500 | £2,188 | 1 |
| 2010 | £65,000 | £1,612 | 1 |
| 2007 | £83,000 | £2,075 | 1 |
| Year | Avg. Price | Avg. Price/Sq. mtr | Sold |
|---|---|---|---|
| 2022 | £210,000 | £3,831 | 1 |
| 2019 | £175,000 | £3,192 | 1 |
| 2008 | £65,000 | £1,711 | 1 |
| 2002 | £90,000 | £1,800 | 1 |
| 1996 | £28,000 | £560 | 1 |
See the table below for more details on the sold house prices in the ME5 7LA, Medway postcode.
| Address | Sold Date | Price | % Change |
|---|---|---|---|
| 33 NELSON TERRACEFlat, Leasehold | 25 Nov 2022 | £115,000 | 76.92% |
| 19 Feb 2010 | £65,000 | First Sale | |
| 7 NELSON TERRACETerraced, FreeholdArea: 54.82 Sq.mtrAge: 1967-1975 | 26 Sep 2022 | £210,000 | 20.00% |
| 16 Dec 2019 | £175,000 | 94.44% | |
| 31 Jul 2002 | £90,000 | 221.43% | |
| 12 Apr 1996 | £28,000 | First Sale | |
| 23 NELSON TERRACEFlat, LeaseholdArea: 40 Sq.mtrAge: 1950-1966 | 14 Mar 2014 | £87,500 | 5.42% |
| 10 May 2007 | £83,000 | First Sale | |
| 31 NELSON TERRACETerraced, LeaseholdArea: 38 Sq.mtrAge: 1967-1975 | 16 Oct 2008 | £65,000 | First Sale |
Check out the sold house prices near the ME5 7LA postcode. Properties currently for saleProperties currently for rent
This Interactive map can help you visualize the nearby sold house in the ME5 7LA postcode area
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 7LA postcode.
| Year | Avg. Price | Avg. Price/Sq. mtr | Sold |
|---|---|---|---|
| 2024 | £104,429 | £1,994 | 7 |
| 2023 | £124,278 | £2,547 | 18 |
| 2022 | £130,276 | £3,056 | 29 |
| 2021 | £151,824 | £3,194 | 23 |
| 2020 | £118,875 | £2,490 | 12 |
| 2019 | £125,574 | £2,930 | 13 |
| 2018 | £121,725 | £2,572 | 20 |
| 2017 | £128,690 | £2,524 | 20 |
| 2016 | £96,508 | £2,551 | 26 |
| 2015 | £95,077 | £2,218 | 26 |
| 2014 | £79,566 | £1,845 | 21 |
| 2013 | £64,350 | £1,685 | 5 |
| 2012 | £88,386 | £1,815 | 13 |
| 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 | £97,595 | £2,132 | 31 |
| 2006 | £88,659 | £2,311 | 47 |
| 2005 | £90,299 | £1,907 | 20 |
| 2004 | £81,542 | £2,110 | 38 |
| 2003 | £67,518 | £1,732 | 27 |
| 2002 | £50,082 | £1,117 | 39 |
| 2001 | £40,136 | £968 | 27 |
| 2000 | £35,728 | £876 | 26 |
| 1999 | £28,487 | £705 | 21 |
| 1998 | £26,180 | £537 | 18 |
| 1997 | £24,812 | £473 | 12 |
| 1996 | £25,055 | £590 | 8 |
| 1995 | £29,472 | £698 | 9 |
| Year | Avg. Price | Avg. Price/Sq. mtr | Sold |
|---|---|---|---|
| 2024 | £246,469 | 8 | |
| 2023 | £297,538 | £4,030 | 13 |
| 2022 | £312,983 | £3,870 | 16 |
| 2021 | £253,044 | £2,937 | 25 |
| 2020 | £252,562 | £3,516 | 16 |
| 2019 | £231,957 | £2,868 | 23 |
| 2018 | £244,500 | £3,212 | 17 |
| 2017 | £247,469 | £3,372 | 16 |
| 2016 | £229,784 | £2,890 | 16 |
| 2015 | £185,286 | £2,206 | 21 |
| 2014 | £167,679 | £2,088 | 14 |
| 2013 | £138,929 | £1,754 | 7 |
| 2012 | £142,208 | £1,614 | 12 |
| 2011 | £159,286 | £2,066 | 14 |
| 2010 | £123,278 | £1,656 | 9 |
| 2009 | £146,231 | £1,898 | 13 |
| 2008 | £163,393 | £1,974 | 14 |
| 2007 | £166,065 | £2,108 | 32 |
| 2006 | £159,288 | £1,934 | 26 |
| 2005 | £137,541 | £2,060 | 24 |
| 2004 | £133,799 | £1,596 | 20 |
| 2003 | £122,608 | £1,634 | 26 |
| 2002 | £99,926 | £1,288 | 33 |
| 2001 | £78,974 | £1,056 | 26 |
| 2000 | £74,722 | £997 | 21 |
| 1999 | £60,872 | £760 | 28 |
| 1998 | £60,339 | £689 | 28 |
| 1997 | £51,725 | £699 | 42 |
| 1996 | £51,181 | £612 | 24 |
| 1995 | £51,450 | £659 | 10 |
| Year | Avg. Price | Avg. Price/Sq. mtr | Sold |
|---|---|---|---|
| 2024 | £218,336 | £4,018 | 11 |
| 2023 | £225,476 | £3,082 | 52 |
| 2022 | £245,390 | £3,388 | 50 |
| 2021 | £227,434 | £2,799 | 63 |
| 2020 | £189,949 | £2,411 | 39 |
| 2019 | £186,632 | £2,522 | 38 |
| 2018 | £189,925 | £2,452 | 53 |
| 2017 | £181,524 | £2,330 | 67 |
| 2016 | £174,011 | £2,470 | 70 |
| 2015 | £141,566 | £1,895 | 64 |
| 2014 | £138,770 | £1,835 | 51 |
| 2013 | £120,713 | £1,541 | 47 |
| 2012 | £119,897 | £1,463 | 39 |
| 2011 | £118,175 | £1,530 | 39 |
| 2010 | £104,160 | £1,392 | 25 |
| 2009 | £117,891 | £1,459 | 23 |
| 2008 | £127,444 | £1,679 | 36 |
| 2007 | £135,092 | £1,856 | 100 |
| 2006 | £124,003 | £1,722 | 71 |
| 2005 | £116,415 | £1,693 | 77 |
| 2004 | £112,215 | £1,459 | 80 |
| 2003 | £97,191 | £1,248 | 88 |
| 2002 | £78,480 | £1,026 | 83 |
| 2001 | £61,650 | £819 | 85 |
| 2000 | £53,657 | £728 | 79 |
| 1999 | £42,693 | £535 | 67 |
| 1998 | £43,192 | £501 | 70 |
| 1997 | £38,779 | £484 | 59 |
| 1996 | £38,286 | £434 | 38 |
| 1995 | £34,619 | £458 | 44 |
| Year | Avg. Price | Avg. Price/Sq. mtr | Sold |
|---|---|---|---|
| 2024 | £300,000 | £3,824 | 2 |
| 2023 | £892,500 | £3,985 | 2 |
| 2022 | £488,750 | £4,018 | 4 |
| 2021 | £329,357 | £3,399 | 7 |
| 2020 | £361,250 | £3,672 | 2 |
| 2019 | £273,250 | £2,994 | 4 |
| 2018 | £325,250 | £3,350 | 12 |
| 2017 | £378,350 | £3,031 | 10 |
| 2016 | £265,249 | £2,779 | 6 |
| 2015 | £225,900 | £2,622 | 10 |
| 2014 | £186,250 | £2,133 | 4 |
| 2013 | £239,643 | £2,278 | 7 |
| 2012 | £217,054 | £2,131 | 18 |
| 2011 | £173,898 | £2,115 | 5 |
| 2010 | £236,400 | £2,538 | 5 |
| 2009 | £241,000 | £3,012 | 1 |
| 2008 | £197,875 | £2,059 | 4 |
| 2007 | £215,167 | £2,307 | 6 |
| 2006 | £168,688 | £1,469 | 8 |
| 2005 | £310,750 | £3,160 | 4 |
| 2004 | £232,600 | £2,317 | 5 |
| 2003 | £211,750 | £1,417 | 6 |
| 2002 | £167,124 | £1,319 | 8 |
| 2001 | £131,562 | £1,270 | 8 |
| 2000 | £108,714 | £966 | 7 |
| 1999 | £85,333 | £781 | 9 |
| 1998 | £102,500 | £972 | 4 |
| 1997 | £96,937 | £678 | 8 |
| 1996 | £48,000 | £435 | 6 |
| 1995 | £73,375 | 2 |
| Year | Avg. Price | Avg. Price/Sq. mtr | Sold |
|---|---|---|---|
| 2023 | £1,449,867 | £7,696 | 6 |
| 2022 | £205,833 | £4,904 | 6 |
| 2021 | £273,667 | £3,177 | 3 |
| 2020 | £580,000 | 2 | |
| 2019 | £229,614 | £3,024 | 7 |
| 2018 | £1,141,750 | £17,631 | 4 |
| 2017 | £175,000 | £2,508 | 8 |
| 2016 | £277,083 | £1,604 | 3 |
| 2015 | £375,000 | 1 | |
| 2013 | £82,500 | £1,251 | 1 |
The most common house types in the ME5 7LA postcode area are Terraced (82), Flat (32), and Semi-detached (15).
| Total | 136 |
| Terraced | 82 |
| Flat | 32 |
| Semi-detached | 15 |
| Detached | 5 |
| Shared house | 2 |
| converted building | 0 |
| commercial building | 0 |
| temporary structure | 0 |
As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (47), and Owned: Owns with a mortgage or loan (31).
| Private rented: Private landlord or letting agency | 47 |
| Owned: Owns with a mortgage or loan | 31 |
| Social rented: Other social rented | 29 |
| Owned: Owns outright | 22 |
| Social rented: Rents from council or Local Authority | 4 |
| Shared ownership: Shared ownership | 2 |
| Does not apply | 0 |
| Private rented: Other private rented | 0 |
| Lives rent free | 0 |
The most houses in the ME5 7LA have 1 person in household (54), and 2 people in household (47).
| 1 person in household | 54 |
| 2 people in household | 47 |
| 4 people in household | 15 |
| 3 people in household | 14 |
| 5 people in household | 5 |
| 0 people in household | 0 |
| 6 people in household | 0 |
| 7 people in household | 0 |
| 8 or more people in household | 0 |