Housing Market Analysis for ME5 7LD

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    ME5 7LD Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £82,267 median price is £79,998 Standard Deviation is £45,164 with Total Sold: 710
      • The Last 5 Year average price is £129,448 with Total Sold: 116
      • 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 £131,536 median price is £119,000 Standard Deviation is £78,414 with Total Sold: 559
      • The Last 5 Year average price is £244,587 with Total Sold: 84
      • 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 , 1 OLIVER CLOSE: £28,000 (Sold on 16 Feb 1995)
    • Terraced
      • The average price is around £116,874 median price is £110,000 Standard Deviation is £65,554 with Total Sold: 2,659
      • The Last 5 Year average price is £214,158 with Total Sold: 378
      • 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 £200,349 median price is £185,000 Standard Deviation is £108,527 with Total Sold: 173
      • The Last 5 Year average price is £351,350 with Total Sold: 20
      • 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 £493,039 median price is £250,000 Standard Deviation is £977,309 with Total Sold: 53
      • The Last 5 Year average price is £589,678 with Total Sold: 27
      • 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£104,429 £1,994 7
    2023£127,000 £2,682 22
    2022£131,710 £3,030 31
    2021£149,998 £3,125 25
    2020£119,964 £2,468 14
    2019£116,380 £2,781 17
    2018£120,214 £2,561 21
    2017£126,764 £2,553 22
    2016£98,771 £2,460 34
    2015£95,724 £2,202 29
    2014£79,343 £1,852 23
    2013£68,042 £1,725 6
    2012£83,251 £1,765 16
    2011£97,022 £2,166 21
    2010£79,374 £2,017 8
    2009£80,375 £1,512 6
    2008£100,917 £2,145 12
    2007£96,151 £2,097 41
    2006£87,830 £2,261 53
    2005£88,782 £2,003 23
    2004£81,586 £2,068 48
    2003£66,930 £1,678 36
    2002£49,827 £1,157 48
    2001£40,537 £988 30
    2000£36,358 £904 34
    1999£29,278 £715 26
    1998£26,118 £527 19
    1997£23,844 £461 16
    1996£24,249 £566 8
    1995£26,678 £672 14
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£248,3448
    2023£291,042 £3,774 12
    2022£275,833 £3,653 12
    2021£227,654 £2,925 20
    2020£247,333 £3,817 9
    2019£216,391 £2,751 23
    2018£219,928 £2,935 14
    2017£219,031 £3,260 16
    2016£208,965 £2,722 13
    2015£176,467 £2,152 15
    2014£149,000 £1,965 10
    2013£135,667 £1,684 6
    2012£135,208 £1,571 12
    2011£148,455 £1,813 11
    2010£123,450 £1,651 10
    2009£120,818 £1,810 11
    2008£154,059 £1,902 17
    2007£151,082 £2,036 32
    2006£139,348 £1,945 23
    2005£130,139 £1,894 25
    2004£124,747 £1,504 23
    2003£110,868 £1,582 28
    2002£92,488 £1,233 37
    2001£76,457 £1,007 33
    2000£66,851 £811 19
    1999£54,107 £727 27
    1998£53,854 £650 24
    1997£45,529 £666 35
    1996£42,889 £604 24
    1995£43,625 £673 10
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£218,104 £2,933 26
    2023£237,517 £3,110 70
    2022£238,017 £3,281 66
    2021£216,750 £2,731 93
    2020£182,982 £2,364 55
    2019£187,118 £2,496 68
    2018£197,404 £2,497 83
    2017£180,052 £2,376 98
    2016£168,470 £2,409 94
    2015£142,806 £1,883 105
    2014£137,348 £1,776 84
    2013£114,032 £1,540 74
    2012£115,698 £1,485 57
    2011£108,601 £1,475 57
    2010£104,067 £1,448 41
    2009£106,191 £1,386 38
    2008£121,278 £1,678 61
    2007£130,851 £1,828 146
    2006£125,929 £1,652 122
    2005£116,965 £1,648 115
    2004£111,476 £1,463 119
    2003£91,490 £1,261 130
    2002£76,173 £1,031 127
    2001£61,981 £866 133
    2000£55,444 £727 138
    1999£43,257 £572 117
    1998£41,004 £551 109
    1997£37,456 £480 97
    1996£36,421 £443 69
    1995£32,418 £427 67
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£300,000 £3,824 2
    2023£307,500 £3,975 2
    2022£488,750 £4,018 4
    2021£354,900 £4,130 5
    2020£361,250 £3,672 2
    2019£272,000 £2,970 5
    2018£299,250 £3,270 12
    2017£284,786 £3,068 7
    2016£265,249 £2,779 6
    2015£205,250 £2,468 10
    2014£186,250 £2,133 4
    2013£206,389 £2,187 9
    2012£218,798 £2,233 15
    2011£177,748 £2,183 4
    2010£195,667 £2,306 3
    2009£159,500 £2,165 2
    2008£179,750 £2,300 4
    2007£172,250 £2,073 8
    2006£164,333 £1,731 6
    2005£269,333 £3,606 3
    2004£230,000 £2,158 5
    2003£230,250 £1,775 4
    2002£125,749 £1,559 8
    2001£126,688 £1,340 8
    2000£108,714 £966 7
    1999£74,312 £788 8
    1998£92,999 £937 5
    1997£96,937 £678 8
    1996£48,000 £435 6
    1995£38,0001
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£1,380,167 £7,696 6
    2022£205,833 £4,904 6
    2021£606,333 £7,574 6
    2020£580,0002
    2019£229,614 £3,024 7
    2018£701,056 £8,936 9
    2017£186,889 £2,508 9
    2016£273,649 £1,604 5
    2015£383,7502
    2013£82,500 £1,251 1

    House Type in ME5 7LD area

    The most common house types in the ME5 7LD postcode area are Flat (44), Terraced (42), and Semi-detached (28).

    Total127
    Flat44
    Terraced42
    Semi-detached28
    Detached8
    commercial building3
    Shared house2
    converted building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Social rented: Other social rented (69), and Social rented: Rents from council or Local Authority (12).

    Social rented: Other social rented69
    Social rented: Rents from council or Local Authority12
    Private rented: Private landlord or letting agency12
    Owned: Owns outright11
    Shared ownership: Shared ownership11
    Owned: Owns with a mortgage or loan9
    Private rented: Other private rented3
    Does not apply0
    Lives rent free0

    Number of People in a Household

    The most houses in the ME5 7LD have 1 person in household (59), and 2 people in household (28).

    1 person in household59
    2 people in household28
    3 people in household16
    4 people in household12
    5 people in household5
    6 people in household5
    7 people in household2
    8 or more people in household1
    0 people in household0