Housing Market Analysis for ME5 7NL

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    ME5 7NL Near By properties

    Interactive Map

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

    • Semi-Detached
      • The average price is around £148,378 median price is £137,000 Standard Deviation is £84,900 with Total Sold: 859
      • The Last 5 Year average price is £268,282 with Total Sold: 149
      • 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 £131,694 median price is £121,750 Standard Deviation is £69,152 with Total Sold: 785
      • The Last 5 Year average price is £232,425 with Total Sold: 136
      • The most recent sale happened at this postcode is , 73 KINGFISHER DRIVE: £290,000 (Sold on 16 Aug 2024)
      • The first recorded sale happened at this postcode is , 30 SOMERSET CLOSE: £39,000 (Sold on 20 Jan 1995)
    • Flat
      • The average price is around £76,144 median price is £78,000 Standard Deviation is £33,955 with Total Sold: 309
      • The Last 5 Year average price is £110,194 with Total Sold: 51
      • The most recent sale happened at this postcode is FLAT 20, KINGSDALE COURT HOPEWELL DRIVE: £77,500 (Sold on 29 Jul 2024)
      • The first recorded sale happened at this postcode is FLAT 19, KINGSDALE COURT HOPEWELL DRIVE: £18,750 (Sold on 07 Feb 1995)
    • Detached
      • The average price is around £194,971 median price is £184,000 Standard Deviation is £92,967 with Total Sold: 103
      • The Last 5 Year average price is £303,455 with Total Sold: 11
      • 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 , 166 CAPSTONE ROAD: £135,000 (Sold on 17 May 1996)
    • Other
      • The average price is around £769,606 median price is £250,000 Standard Deviation is £1,464,355 with Total Sold: 26
      • The Last 5 Year average price is £684,766 with Total Sold: 15
      • 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 , 111 HOPEWELL DRIVE: £375,000 (Sold on 11 Jun 2015)

    Sold Price Trend Over the Years:

    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£246,78010
    2023£287,567 £3,975 30
    2022£304,471 £3,767 27
    2021£259,865 £3,431 33
    2020£261,062 £3,336 24
    2019£232,700 £3,100 25
    2018£247,286 £3,154 35
    2017£239,048 £3,242 21
    2016£220,471 £2,949 24
    2015£202,679 £2,460 39
    2014£173,016 £2,343 23
    2013£143,367 £2,071 15
    2012£144,367 £2,004 15
    2011£138,583 £1,985 12
    2010£139,318 £1,952 11
    2009£137,782 £1,844 17
    2008£152,947 £2,046 18
    2007£166,255 £2,103 43
    2006£147,109 £2,050 32
    2005£130,198 £2,132 29
    2004£134,499 £1,854 26
    2003£121,615 £1,717 35
    2002£98,370 £1,277 58
    2001£73,494 £1,063 40
    2000£71,328 £952 34
    1999£55,700 £852 37
    1998£55,074 £714 43
    1997£52,301 £709 48
    1996£44,628 £617 30
    1995£51,640 £592 25
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£262,500 £2,841 8
    2023£252,522 £3,828 15
    2022£254,481 £3,465 26
    2021£246,786 £3,315 28
    2020£203,643 £2,618 28
    2019£209,468 £3,069 31
    2018£216,025 £3,145 20
    2017£197,741 £2,867 27
    2016£194,032 £2,750 31
    2015£151,680 £2,505 25
    2014£146,593 £2,151 21
    2013£127,611 £1,882 27
    2012£134,615 £2,025 13
    2011£114,117 £1,580 17
    2010£116,200 £1,796 10
    2009£123,250 £1,575 16
    2008£135,843 £1,637 16
    2007£131,633 £2,092 48
    2006£127,092 £1,762 44
    2005£119,577 £1,759 29
    2004£115,424 £1,823 35
    2003£104,388 £1,431 43
    2002£81,896 £1,220 37
    2001£65,233 £961 48
    2000£56,878 £756 40
    1999£48,030 £673 31
    1998£42,085 £596 20
    1997£43,215 £572 20
    1996£40,880 £522 15
    1995£39,438 £646 16
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£76,167 £2,168 3
    2023£114,955 £2,385 11
    2022£102,962 £2,236 13
    2021£122,621 £2,575 12
    2020£112,143 £2,432 7
    2019£106,392 £2,590 5
    2018£109,389 £2,400 9
    2017£111,080 £2,314 10
    2016£94,308 £2,330 13
    2015£72,111 £1,890 9
    2014£72,800 £1,544 13
    2013£62,000 £1,342 2
    2012£62,807 £1,444 5
    2011£81,500 £1,794 5
    2010£76,000 £1,920 3
    2009£93,062 £1,706 4
    2008£108,556 £2,156 9
    2007£97,470 £2,089 17
    2006£84,425 £2,177 20
    2005£90,317 £1,942 11
    2004£86,481 £2,030 16
    2003£73,235 £1,749 17
    2002£49,457 £1,096 18
    2001£46,473 £1,096 19
    2000£38,849 £1,054 17
    1999£28,061 £646 12
    1998£32,074 £703 10
    1997£26,611 £541 9
    1996£28,689 £678 5
    1995£25,450 £576 5
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£300,000 £3,824 2
    2022£307,500 £4,218 2
    2021£350,000 £4,105 3
    2020£240,000 £3,750 1
    2019£277,667 £3,693 3
    2018£326,167 £3,476 6
    2017£301,071 £3,041 7
    2016£266,700 £3,663 5
    2015£219,500 £2,852 2
    2014£165,000 £2,042 3
    2013£225,000 £2,156 5
    2012£196,857 £1,848 7
    2011£154,250 £2,131 2
    2010£175,000 £2,024 1
    2009£177,000 £2,071 1
    2008£220,000 £1,774 1
    2007£212,000 £2,300 4
    2006£187,833 £1,332 3
    2005£119,000 £2,429 1
    2004£158,999 £2,299 4
    2003£230,800 £935 5
    2002£135,141 £1,488 7
    2001£132,749 £1,381 6
    2000£131,500 £1,164 2
    1999£82,999 £1,051 9
    1998£82,167 £1,392 3
    1997£94,299 £588 5
    1996£79,167 £796 3
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£1,784,5504
    2022£167,5004
    2021£350,0001
    2020£580,0002
    2019£238,324 £2,767 4
    2018£1,950,500 £32,967 4
    2017£243,3333
    2016£277,083 £1,604 3
    2015£375,0001

    House Type in ME5 7NL area

    The most common house types in the ME5 7NL postcode area are Terraced (73), Flat (52), and Semi-detached (28).

    Total159
    Terraced73
    Flat52
    Semi-detached28
    Detached6
    Shared house0
    converted building0
    commercial building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Social rented: Other social rented (94), and Owned: Owns with a mortgage or loan (19).

    Social rented: Other social rented94
    Owned: Owns with a mortgage or loan19
    Owned: Owns outright16
    Private rented: Private landlord or letting agency15
    Social rented: Rents from council or Local Authority14
    Private rented: Other private rented1
    Lives rent free1
    Does not apply0
    Shared ownership: Shared ownership0

    Number of People in a Household

    The most houses in the ME5 7NL have 1 person in household (69), and 2 people in household (40).

    1 person in household69
    2 people in household40
    4 people in household19
    3 people in household18
    5 people in household7
    6 people in household5
    7 people in household2
    0 people in household0
    8 or more people in household0