Housing Market Analysis for ME5 7PS

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    ME5 7PS Near By properties

    Interactive Map

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

    • Terraced
      • The average price is around £124,055 median price is £120,875 Standard Deviation is £65,848 with Total Sold: 2,336
      • The Last 5 Year average price is £233,491 with Total Sold: 296
      • The most recent sale happened at this postcode is , 17 SHACKLETON CLOSE: £264,000 (Sold on 11 Sep 2024)
      • The first recorded sale happened at this postcode is , 16 CLOVER BANK VIEW: £38,500 (Sold on 06 Jan 1995)
    • Semi-Detached
      • The average price is around £134,980 median price is £125,000 Standard Deviation is £79,548 with Total Sold: 985
      • The Last 5 Year average price is £274,819 with Total Sold: 107
      • The most recent sale happened at this postcode is , 17 MONARCH CLOSE: £320,000 (Sold on 16 Aug 2024)
      • The first recorded sale happened at this postcode is , 8 CHRISTIE CLOSE: £37,015 (Sold on 27 Jan 1995)
    • Detached
      • The average price is around £237,425 median price is £210,000 Standard Deviation is £136,621 with Total Sold: 301
      • The Last 5 Year average price is £477,115 with Total Sold: 39
      • The most recent sale happened at this postcode is , 19 RYEGRASS CLOSE: £645,000 (Sold on 09 Aug 2024)
      • The first recorded sale happened at this postcode is , 43 BARLEYMOW CLOSE: £120,000 (Sold on 20 Jan 1995)
    • Flat
      • The average price is around £85,026 median price is £75,000 Standard Deviation is £41,980 with Total Sold: 143
      • The Last 5 Year average price is £128,738 with Total Sold: 21
      • The most recent sale happened at this postcode is , 213 CHURCHILL AVENUE: £310,000 (Sold on 21 Jun 2024)
      • The first recorded sale happened at this postcode is , 30 TIMBER BANK: £31,000 (Sold on 14 Mar 1995)
    • Other
      • The average price is around £635,123 median price is £201,000 Standard Deviation is £1,362,650 with Total Sold: 17
      • The Last 5 Year average price is £980,289 with Total Sold: 9
      • 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 , 183B WAYFIELD ROAD: £160,000 (Sold on 05 Nov 2015)

    Sold Price Trend Over the Years:

    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£251,467 £4,254 15
    2023£263,005 £4,271 30
    2022£254,125 £4,184 64
    2021£227,386 £3,738 79
    2020£225,588 £3,553 51
    2019£205,592 £3,355 57
    2018£203,327 £3,537 56
    2017£209,267 £3,368 88
    2016£192,033 £3,177 70
    2015£162,846 £2,849 68
    2014£148,100 £2,541 77
    2013£127,132 £2,241 74
    2012£130,230 £2,021 56
    2011£126,693 £2,083 44
    2010£120,649 £2,153 29
    2009£123,348 £2,159 38
    2008£137,250 £2,253 42
    2007£140,557 £2,372 139
    2006£130,924 £2,272 110
    2005£125,527 £2,142 90
    2004£116,791 £2,002 128
    2003£106,105 £1,884 114
    2002£84,968 £1,509 115
    2001£68,128 £1,158 122
    2000£58,807 £1,040 153
    1999£49,519 £862 127
    1998£48,211 £817 95
    1997£43,603 £761 79
    1996£40,675 £711 63
    1995£39,601 £707 63
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£318,500 £4,803 2
    2023£302,444 £4,246 16
    2022£294,167 £4,399 21
    2021£271,741 £3,880 27
    2020£265,690 £3,600 21
    2019£241,775 £3,106 20
    2018£239,168 £3,384 31
    2017£237,673 £3,323 26
    2016£233,037 £3,313 30
    2015£195,621 £2,577 29
    2014£157,088 £2,254 17
    2013£158,952 £2,135 18
    2012£152,059 £2,211 17
    2011£149,885 £2,216 13
    2010£148,409 £2,369 11
    2009£136,658 £1,957 22
    2008£165,333 £2,066 21
    2007£155,605 £2,422 42
    2006£150,341 £2,200 52
    2005£130,384 £2,187 39
    2004£133,457 £1,994 47
    2003£116,723 £1,873 48
    2002£100,247 £1,461 67
    2001£83,443 £1,229 63
    2000£72,684 £1,134 47
    1999£57,581 £894 46
    1998£56,016 £856 47
    1997£51,628 £748 63
    1996£47,148 £662 48
    1995£47,528 £748 34
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£561,6673
    2023£457,917 £4,030 6
    2022£515,400 £4,506 5
    2021£479,464 £3,922 14
    2020£482,000 £3,151 5
    2019£412,583 £3,213 6
    2018£372,278 £3,449 9
    2017£375,778 £3,166 9
    2016£327,667 £3,306 9
    2015£282,688 £2,992 8
    2014£213,124 £2,732 8
    2013£236,500 £2,211 11
    2012£275,188 £2,263 8
    2011£268,600 £2,287 5
    2010£317,667 £2,291 6
    2009£255,000 £1,540 2
    2008£265,600 £2,103 5
    2007£257,831 £2,424 14
    2006£249,040 £2,071 16
    2005£199,275 £2,008 12
    2004£219,276 £2,688 9
    2003£193,949 £1,920 10
    2002£198,500 £1,636 16
    2001£135,982 £1,325 14
    2000£150,866 £1,206 15
    1999£127,569 £1,056 21
    1998£105,343 £978 16
    1997£97,143 £887 14
    1996£96,500 £782 17
    1995£89,150 £823 8
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£310,0001
    2023£120,000 £3,750 1
    2022£124,200 £2,971 5
    2021£97,750 £2,045 2
    2020£107,000 £2,466 4
    2019£128,625 £2,812 8
    2018£130,667 £2,742 6
    2017£156,250 £2,852 2
    2016£118,583 £2,413 9
    2015£86,321 £2,045 7
    2014£88,550 £2,050 5
    2013£80,000 £1,509 1
    2012£69,000 £1,388 3
    2011£85,875 £1,517 4
    2010£65,000 £1,477 1
    2009£82,150 £1,681 5
    2008£89,208 £2,360 6
    2007£87,750 £2,239 4
    2006£86,283 £1,929 6
    2005£81,833 £1,990 3
    2004£89,812 £1,912 8
    2003£74,044 £1,439 11
    2002£65,945 £1,460 10
    2001£47,007 £1,047 12
    2000£46,333 £988 6
    1999£31,156 £841 8
    1998£46,000 £897 2
    1997£42,000 £808 1
    1996£40,0001
    1995£31,000 £620 1
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£5,900,0001
    2022£614,250 £9,618 4
    2021£195,0001
    2020£17,0001
    2019£126,800 £2,688 2
    2017£267,333 £3,328 3
    2016£253,124 £2,727 4
    2015£160,0001

    House Type in ME5 7PS area

    The most common house types in the ME5 7PS postcode area are Terraced (50), Flat (35), and Semi-detached (18).

    Total106
    Terraced50
    Flat35
    Semi-detached18
    Detached2
    temporary structure1
    Shared house0
    converted building0
    commercial building0

    Tenure of household

    As per the tenure of household, most of the the properties are Social rented: Other social rented (37), and Owned: Owns outright (36).

    Social rented: Other social rented37
    Owned: Owns outright36
    Owned: Owns with a mortgage or loan13
    Shared ownership: Shared ownership9
    Private rented: Private landlord or letting agency6
    Social rented: Rents from council or Local Authority4
    Private rented: Other private rented2
    Does not apply0
    Lives rent free0

    Number of People in a Household

    The most houses in the ME5 7PS have 1 person in household (60), and 2 people in household (30).

    1 person in household60
    2 people in household30
    3 people in household9
    4 people in household3
    6 people in household3
    5 people in household1
    0 people in household0
    7 people in household0
    8 or more people in household0