Housing Market Analysis for ROMNEY ROAD, ME5 7LU

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £191,367 median price is £187,750 Standard Deviation is £94,393 with Total Sold: 34
    • The Last 5 Year average price is £341,400 with Total Sold: 5
    • The most recent sale happened at this postcode is 53 ROMNEY ROAD: £338,000 (Sold on 30 May 2024)
    • The first recorded sale happened at this postcode is 51 ROMNEY ROAD: £358,000 (Sold on 01 Dec 2023)
  • Terraced
    • The average price is around £145,406 median price is £130,748 Standard Deviation is £65,155 with Total Sold: 22
    • The Last 5 Year average price is £243,750 with Total Sold: 4
    • The most recent sale happened at this postcode is 24 ROMNEY ROAD: £278,000 (Sold on 11 Jul 2023)
    • The first recorded sale happened at this postcode is 16 ROMNEY ROAD: £45,500 (Sold on 22 Aug 1997)
  • Semi-Detached
    • The average price is around £164,081 median price is £157,000 Standard Deviation is £88,832 with Total Sold: 57
    • The Last 5 Year average price is £295,950 with Total Sold: 10
    • The most recent sale happened at this postcode is 21 ROMNEY ROAD: £305,000 (Sold on 14 Nov 2022)
    • The first recorded sale happened at this postcode is 48 ROMNEY ROAD: £48,500 (Sold on 29 Mar 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 7LU 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.

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£338,0001
2022£346,000 £3,681 1
2020£300,000 £3,659 1
2019£365,000 £3,687 1
2017£230,000 £4,174 1
2016£313,250 £3,171 2
2015£277,000 £2,947 1
2014£195,000 £2,378 1
2012£140,000 £2,541 1
2008£234,000 £2,659 1
2007£287,500 £2,195 1
2006£190,665 £2,257 3
2005£189,500 £2,068 2
2003£206,8333
2002£153,000 £2,040 1
2001£112,750 £1,360 2
2000£90,333 £1,213 3
1999£92,665 £1,032 3
1998£85,7502
1996£79,0001
1995£59,9951
2023£358,000 £4,313 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£278,000 £5,148 1
2022£252,000 £4,574 1
2021£230,000 £4,107 1
2020£215,000 £3,909 1
2017£204,000 £3,702 1
2016£223,000 £4,130 1
2014£147,000 £2,668 1
2012£117,200 £2,170 1
2008£149,000 £2,709 1
2006£137,498 £2,518 2
2004£124,750 £2,241 2
2003£142,248 £2,009 3
2002£104,998 £1,574 2
1999£64,750 £1,082 2
1998£47,500 £864 1
1997£45,5001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£381,500 £3,991 2
2021£280,250 £3,958 4
2020£281,500 £3,768 2
2019£256,250 £3,345 2
2018£245,833 £3,442 3
2017£250,000 £4,167 1
2016£200,000 £3,175 1
2015£220,000 £3,188 1
2014£170,000 £2,833 1
2011£154,000 £2,200 1
2009£165,000 £2,391 1
2007£203,167 £2,422 3
2006£151,400 £1,966 1
2005£163,750 £2,138 4
2004£170,299 £2,064 5
2003£148,398 £1,988 5
2002£88,375 £1,090 2
2001£88,997 £1,347 3
2000£101,4982
1999£83,998 £934 3
1998£62,499 £877 6
1997£59,0001
1996£53,000 £593 2
1995£48,5001

All the Sales in the ROMNEY ROAD, ME5 7LU

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

AddressSold DatePrice% Change
53 ROMNEY ROADDetached, Freehold30 May 2024£338,000120.92%
02 Oct 2002£153,00073.86%
10 Feb 2000£88,000First Sale
24 ROMNEY ROADTerraced, FreeholdArea: 54 Sq.mtrAge: 1983-199011 Jul 2023£278,00024.66%
26 Aug 2016£223,00086.22%
23 May 2003£119,750First Sale
21 ROMNEY ROADSemi-Detached, FreeholdArea: 60 Sq.mtrAge: 1983-199014 Nov 2022£305,00022.00%
09 Nov 2017£250,00047.06%
30 Sep 2014£170,00041.67%
08 Aug 2003£120,000122.22%
19 Jun 1998£54,000First Sale
71 ROMNEY ROADSemi-Detached, FreeholdArea: 158 Sq.mtrAge: 1983-199025 Oct 2022£458,000397.83%
21 Oct 1999£92,000First Sale
22 ROMNEY ROADTerraced, FreeholdArea: 55.1 Sq.mtrAge: 1991-199530 Mar 2022£252,00023.53%
27 Oct 2017£204,00038.78%
17 Jan 2014£147,0008.09%
11 Jul 2006£135,99560.00%
05 Apr 2002£84,995First Sale
41 ROMNEY ROADDetached, FreeholdArea: 94 Sq.mtrAge: 1976-198214 Mar 2022£346,00024.91%
11 Dec 2015£277,00052.20%
21 Jul 2005£182,00054.24%
09 Feb 2001£118,00021.65%
22 Oct 1999£97,000First Sale
46 ROMNEY ROADSemi-Detached, FreeholdArea: 70 Sq.mtrAge: 1983-199029 Nov 2021£312,00011.43%
30 Apr 2021£280,00081.82%
18 Feb 2011£154,000-2.84%
28 Nov 2005£158,500-0.93%
19 Dec 2003£159,995First Sale
10 ROMNEY ROADSemi-Detached, FreeholdArea: 67 Sq.mtrAge: 1983-199024 Sep 2021£261,000103.91%
11 Nov 2005£128,000First Sale
4 ROMNEY ROADTerraced, FreeholdArea: 56 Sq.mtrAge: 1983-199014 May 2021£230,00083.27%
11 Jun 2004£125,500First Sale
63 ROMNEY ROADSemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1983-199012 Feb 2021£268,000-2.55%
05 Sep 2018£275,00081.64%
29 Sep 2006£151,4002.99%
28 May 2004£147,00088.46%
10 Dec 1999£78,000First Sale
18 ROMNEY ROADTerraced, FreeholdArea: 55 Sq.mtrAge: 1983-199029 Sep 2020£215,00044.30%
04 Jul 2008£149,00033.04%
15 May 2003£112,000135.79%
13 Jul 1998£47,500First Sale
19 ROMNEY ROADSemi-Detached, FreeholdArea: 55.5 Sq.mtrAge: 1983-199028 Feb 2020£220,000First Sale
49 ROMNEY ROADDetached, FreeholdArea: 82 Sq.mtrAge: 1983-199017 Jan 2020£300,00053.85%
12 Mar 2014£195,00081.40%
01 Jun 2001£107,500First Sale
33 ROMNEY ROADSemi-Detached, FreeholdArea: 96 Sq.mtrAge: 1983-199010 Jan 2020£343,00057.34%
21 Nov 2003£218,000First Sale
44 ROMNEY ROADSemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1983-199005 Aug 2019£275,000439.22%
07 Jun 1996£51,000First Sale
28 ROMNEY ROADDetached, FreeholdArea: 99 Sq.mtrAge: 1983-199028 Jun 2019£365,000First Sale
15 ROMNEY ROADSemi-Detached, FreeholdArea: 68 Sq.mtrAge: 1983-199024 May 2019£237,500158.17%
20 Jul 2001£91,99512.20%
15 Dec 1999£81,995First Sale
69 ROMNEY ROADSemi-Detached, FreeholdArea: 69 Sq.mtrAge: 1983-199002 Nov 2018£272,50023.86%
24 Jul 2015£220,00033.33%
18 Dec 2009£165,000-2.08%
23 Jul 2004£168,500144.20%
15 Sep 1998£69,000First Sale
23 ROMNEY ROADSemi-Detached, FreeholdArea: 67.76 Sq.mtrAge: 1983-199014 Sep 2018£190,000137.51%
25 Jul 2001£79,995First Sale
12 ROMNEY ROADDetached, FreeholdArea: 55.1 Sq.mtrAge: 1983-199021 Apr 2017£230,00064.29%
24 Feb 2012£140,0000.00%
17 Jul 2006£139,995102.89%
08 May 2000£69,000First Sale
39 ROMNEY ROADDetached, FreeholdArea: 88 Sq.mtrAge: 1976-198210 Jun 2016£284,50021.58%
06 May 2008£234,000First Sale
45 ROMNEY ROADDetached, FreeholdArea: 110 Sq.mtrAge: 1983-199020 May 2016£342,00057.60%
21 Jul 2006£217,00011.28%
16 Jan 2003£194,995First Sale
7 ROMNEY ROADSemi-Detached, FreeholdArea: 63 Sq.mtrAge: 1976-198208 Mar 2016£200,000250.88%
29 Jan 1998£57,000First Sale
20 ROMNEY ROADTerraced, FreeholdArea: 54 Sq.mtrAge: 1983-199019 Dec 2012£117,200125.38%
18 Aug 1999£52,000First Sale
3 ROMNEY ROADSemi-Detached, FreeholdArea: 64 Sq.mtrAge: 1983-199017 Aug 2007£155,000122.22%
16 May 2002£69,7502.58%
27 Mar 1998£67,995First Sale
52 ROMNEY ROADSemi-Detached, Freehold27 Jul 2007£193,00015.22%
30 Jul 2004£167,50052.27%
08 Dec 2000£110,00083.33%
23 Mar 1998£60,000First Sale
67 ROMNEY ROADSemi-Detached, Freehold30 Mar 2007£261,500First Sale
26 ROMNEY ROADDetached, FreeholdArea: 131 Sq.mtrAge: 1983-199029 Mar 2007£287,500First Sale
35 ROMNEY ROADDetached, Freehold28 Apr 2006£215,00014.36%
21 Feb 2003£188,000First Sale
16 ROMNEY ROADTerraced, Freehold24 Apr 2006£139,00012.10%
16 Jan 2004£124,000172.53%
22 Aug 1997£45,500First Sale
31 ROMNEY ROADDetached, Freehold03 Nov 2005£197,00072.81%
15 Dec 2000£114,000First Sale
42 ROMNEY ROADSemi-Detached, Freehold08 Jul 2005£211,500First Sale
48 ROMNEY ROADSemi-Detached, Freehold24 Jun 2005£157,00046.73%
27 Mar 2002£107,000120.62%
29 Mar 1995£48,500First Sale
9 ROMNEY ROADSemi-Detached, FreeholdArea: 64.89 Sq.mtrAge: 1983-199001 Nov 2004£138,500First Sale
65 ROMNEY ROADSemi-Detached, FreeholdArea: 130 Sq.mtrAge: 1983-199029 Apr 2004£229,995243.28%
24 Apr 1998£67,000First Sale
34 ROMNEY ROADDetached, Freehold12 Dec 2003£187,500First Sale
37 ROMNEY ROADDetached, Freehold27 Nov 2003£245,000176.84%
30 Jan 1998£88,500First Sale
61 ROMNEY ROADSemi-Detached, Freehold27 Jun 2003£159,99572.05%
24 Mar 2000£92,99557.62%
30 Jun 1997£59,000First Sale
17 ROMNEY ROADSemi-Detached, FreeholdArea: 65 Sq.mtrAge: 1967-197506 Jun 2003£84,000First Sale
38 ROMNEY ROADTerraced, Freehold01 Oct 2002£125,000First Sale
5 ROMNEY ROADSemi-Detached, FreeholdArea: 63 Sq.mtrAge: 1983-199025 Oct 2001£95,000First Sale
6 ROMNEY ROADTerraced, FreeholdArea: 64.5 Sq.mtrAge: 1983-199020 Dec 1999£77,500First Sale
32 ROMNEY ROADDetached, Freehold29 Nov 1999£94,99514.45%
27 Jul 1998£83,000First Sale
43 ROMNEY ROADDetached, Freehold14 May 1999£86,000First Sale
57 ROMNEY ROADDetached, Freehold21 Nov 1996£79,00031.68%
20 Jan 1995£59,995First Sale
40 ROMNEY ROADSemi-Detached, Freehold26 Jul 1996£55,000First Sale
51 ROMNEY ROADDetached, FreeholdArea: 83 Sq.mtrAge: 1983-199001 Dec 2023£358,000First Sale

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

ROMNEY ROAD, ME5 7LU Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £152,761 median price is £140,000 Standard Deviation is £89,220 with Total Sold: 1,351
    • The Last 5 Year average price is £302,511 with Total Sold: 180
    • The most recent sale happened at this postcode is , 50 SWALLOW RISE: £391,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 4 WEY CLOSE: £49,000 (Sold on 20 Jan 1995)
  • Detached
    • The average price is around £218,384 median price is £214,000 Standard Deviation is £106,396 with Total Sold: 902
    • The Last 5 Year average price is £388,171 with Total Sold: 120
    • The most recent sale happened at this postcode is , 380 LORDS WOOD LANE: £410,000 (Sold on 05 Aug 2024)
    • The first recorded sale happened at this postcode is , 48 GATCOMBE CLOSE: £72,000 (Sold on 20 Jan 1995)
  • Terraced
    • The average price is around £131,152 median price is £125,000 Standard Deviation is £70,334 with Total Sold: 2,042
    • The Last 5 Year average price is £243,898 with Total Sold: 271
    • The most recent sale happened at this postcode is , 10 WINCHELSEA ROAD: £282,500 (Sold on 29 Jul 2024)
    • The first recorded sale happened at this postcode is , 127 PRINCES AVENUE: £38,000 (Sold on 06 Jan 1995)
  • Other
    • The average price is around £832,758 median price is £288,500 Standard Deviation is £1,580,372 with Total Sold: 12
    • The Last 5 Year average price is £1,245,800 with Total Sold: 7
    • 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 , 368 LORDS WOOD LANE: £183,000 (Sold on 23 Sep 2016)
  • Flat
    • The average price is around £103,481 median price is £89,000 Standard Deviation is £57,945 with Total Sold: 104
    • The Last 5 Year average price is £156,750 with Total Sold: 20
    • The most recent sale happened at this postcode is , 35 SCOTBY AVENUE: £225,000 (Sold on 30 Nov 2023)
    • The first recorded sale happened at this postcode is , 16 WETHERAL DRIVE: £32,000 (Sold on 12 May 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£316,955 £4,859 11
2023£300,333 £4,453 27
2022£324,430 £4,546 43
2021£316,850 £3,878 40
2020£288,196 £3,744 28
2019£263,306 £3,634 31
2018£272,159 £3,747 39
2017£256,519 £3,462 26
2016£244,682 £3,152 39
2015£220,312 £2,820 32
2014£180,760 £2,599 33
2013£165,293 £2,484 29
2012£153,844 £1,915 16
2011£162,133 £2,297 15
2010£165,455 £2,287 22
2009£158,060 £2,256 25
2008£182,413 £2,227 23
2007£169,665 £2,508 66
2006£165,433 £2,189 74
2005£151,891 £2,175 51
2004£155,569 £2,095 57
2003£135,506 £2,011 65
2002£107,528 £1,550 69
2001£96,875 £1,290 83
2000£83,148 £1,124 76
1999£69,836 £990 74
1998£61,608 £883 68
1997£59,530 £827 79
1996£53,810 £681 65
1995£53,643 £788 45
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£388,000 £6,250 9
2023£394,575 £4,332 20
2022£432,531 £4,340 16
2021£401,655 £3,735 29
2020£370,182 £3,628 22
2019£353,521 £3,523 24
2018£351,380 £3,548 25
2017£335,682 £3,436 22
2016£317,805 £3,168 38
2015£280,222 £2,825 27
2014£246,583 £2,460 24
2013£235,450 £2,265 20
2012£237,333 £2,261 24
2011£219,722 £2,273 18
2010£227,984 £2,268 16
2009£219,346 £2,029 13
2008£212,892 £2,207 12
2007£239,923 £2,334 46
2006£235,238 £2,218 56
2005£217,682 £2,023 34
2004£211,859 £2,115 48
2003£199,513 £2,074 32
2002£165,344 £1,856 42
2001£141,259 £1,381 51
2000£127,656 £1,227 40
1999£107,519 £1,114 49
1998£92,225 £993 40
1997£91,808 £885 38
1996£86,614 £823 34
1995£74,165 £854 33
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£263,875 £3,253 16
2023£267,263 £4,131 48
2022£259,469 £4,243 48
2021£238,025 £3,665 60
2020£234,413 £3,506 52
2019£215,324 £3,502 47
2018£211,763 £3,492 46
2017£220,988 £3,328 57
2016£201,037 £3,130 71
2015£180,090 £2,867 59
2014£154,984 £2,549 71
2013£136,464 £2,166 56
2012£141,663 £2,055 41
2011£134,299 £2,079 35
2010£139,780 £1,999 33
2009£132,194 £2,115 31
2008£143,000 £2,222 47
2007£148,043 £2,392 94
2006£143,404 £2,129 112
2005£132,674 £2,082 77
2004£120,182 £2,056 104
2003£115,107 £1,827 110
2002£93,683 £1,508 101
2001£75,786 £1,206 110
2000£63,417 £1,070 102
1999£53,437 £870 112
1998£51,685 £821 93
1997£47,519 £777 99
1996£43,624 £686 56
1995£43,218 £698 54
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£5,900,0001
2022£655,500 £8,118 4
2021£195,0001
2019£3,6001
2017£223,167 £1,877 3
2016£301,500 £4,136 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£181,667 £3,311 6
2022£160,214 £3,063 7
2021£149,167 £3,241 3
2020£135,333 £3,493 3
2019£70,0001
2018£184,500 £2,816 6
2017£191,071 £2,789 7
2016£128,333 £2,870 3
2015£91,500 £2,738 2
2014£82,500 £2,143 2
2013£78,000 £1,947 1
2012£114,667 £2,015 3
2009£104,000 £1,891 1
2008£108,250 £1,961 4
2007£105,749 £2,398 4
2006£85,000 £2,024 4
2005£91,500 £2,172 4
2004£95,499 £1,847 4
2003£79,663 £1,707 10
2002£60,625 £1,258 4
2001£45,416 £1,041 8
2000£47,799 £1,096 5
1999£29,639 £837 9
1995£23,792 £417 3

House Type in ME5 7LU area

The most common house types in the ME5 7LU postcode area are Detached (63), Semi-detached (45), and Terraced (15).

Total124
Detached63
Semi-detached45
Terraced15
converted building1
Flat0
Shared house0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (61), and Owned: Owns outright (40).

Owned: Owns with a mortgage or loan61
Owned: Owns outright40
Private rented: Private landlord or letting agency16
Private rented: Other private rented3
Social rented: Rents from council or Local Authority2
Shared ownership: Shared ownership1
Social rented: Other social rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the ME5 7LU have 2 people in household (48), and 4 people in household (31).

2 people in household48
4 people in household31
3 people in household22
1 person in household18
5 people in household4
8 or more people in household1
0 people in household0
6 people in household0
7 people in household0