Housing Market Analysis for ME5 7QF

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    ME5 7QF Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £88,310 median price is £86,500 Standard Deviation is £45,311 with Total Sold: 445
      • The Last 5 Year average price is £127,755 with Total Sold: 82
      • 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 FLAT 19, KINGSDALE COURT HOPEWELL DRIVE: £18,750 (Sold on 07 Feb 1995)
    • Semi-Detached
      • The average price is around £149,463 median price is £132,000 Standard Deviation is £93,662 with Total Sold: 688
      • The Last 5 Year average price is £269,375 with Total Sold: 119
      • 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 £127,425 median price is £119,998 Standard Deviation is £68,377 with Total Sold: 892
      • The Last 5 Year average price is £219,784 with Total Sold: 151
      • The most recent sale happened at this postcode is , 28 SHANKLIN CLOSE: £270,000 (Sold on 07 Aug 2024)
      • The first recorded sale happened at this postcode is , 30 SOMERSET CLOSE: £39,000 (Sold on 20 Jan 1995)
    • Detached
      • The average price is around £227,730 median price is £202,500 Standard Deviation is £170,533 with Total Sold: 154
      • The Last 5 Year average price is £451,588 with Total Sold: 17
      • 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 £580,750 median price is £250,000 Standard Deviation is £1,267,291 with Total Sold: 31
      • The Last 5 Year average price is £653,088 with Total Sold: 17
      • 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 , 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£118,562 £2,579 16
    2022£117,000 £2,818 19
    2021£155,548 £3,042 20
    2020£124,167 £2,593 9
    2019£126,951 £2,964 11
    2018£123,676 £2,486 17
    2017£120,187 £2,642 15
    2016£100,333 £2,595 18
    2015£101,643 £2,318 21
    2014£79,911 £1,826 18
    2013£66,062 £1,636 4
    2012£88,501 £1,890 12
    2011£106,279 £2,325 16
    2010£80,100 £2,010 5
    2009£93,062 £1,706 4
    2008£105,778 £2,273 9
    2007£98,250 £2,290 24
    2006£92,387 £2,371 40
    2005£89,454 £1,966 11
    2004£89,076 £2,221 28
    2003£70,975 £1,787 20
    2002£52,776 £1,270 18
    2001£45,761 £1,092 21
    2000£37,075 £956 19
    1999£27,980 £689 13
    1998£32,074 £703 10
    1997£26,450 £552 10
    1996£28,689 £678 5
    1995£25,450 £576 5
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£246,73010
    2023£279,222 £4,174 18
    2022£327,988 £3,813 22
    2021£247,948 £3,033 27
    2020£260,583 £3,335 18
    2019£248,396 £3,075 24
    2018£262,365 £3,217 26
    2017£235,395 £3,222 19
    2016£226,294 £2,934 18
    2015£194,017 £2,313 30
    2014£175,773 £2,306 16
    2013£134,455 £1,910 11
    2012£127,625 £1,770 12
    2011£166,785 £2,044 13
    2010£171,944 £1,899 9
    2009£146,000 £1,850 13
    2008£154,989 £2,037 18
    2007£166,843 £2,157 32
    2006£155,589 £2,020 28
    2005£125,175 £2,036 27
    2004£128,456 £1,741 23
    2003£119,068 £1,639 26
    2002£99,464 £1,365 42
    2001£70,137 £1,118 26
    2000£70,506 £974 26
    1999£58,879 £817 38
    1998£56,765 £726 32
    1997£53,074 £702 40
    1996£50,094 £626 25
    1995£51,158 £568 19
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£260,7205
    2023£228,476 £3,144 31
    2022£252,160 £4,028 25
    2021£229,375 £3,113 36
    2020£189,482 £2,541 28
    2019£189,769 £3,040 26
    2018£211,500 £2,898 27
    2017£183,769 £2,560 26
    2016£177,649 £2,875 37
    2015£151,654 £2,252 34
    2014£138,782 £1,980 22
    2013£122,536 £1,721 28
    2012£133,157 £1,847 19
    2011£128,091 £1,678 31
    2010£130,286 £1,779 14
    2009£133,208 £1,716 12
    2008£126,824 £1,536 20
    2007£132,936 £2,147 57
    2006£116,953 £1,732 39
    2005£117,500 £1,995 36
    2004£108,526 £1,695 33
    2003£105,333 £1,391 50
    2002£81,058 £1,118 44
    2001£64,840 £866 52
    2000£54,544 £873 37
    1999£45,648 £671 30
    1998£44,170 £539 36
    1997£37,575 £523 26
    1996£38,943 £487 14
    1995£38,764 £618 17
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£300,000 £3,824 2
    2023£892,500 £3,985 2
    2022£488,750 £4,018 4
    2021£460,500 £3,788 4
    2020£290,000 £3,634 2
    2019£305,000 £3,024 3
    2018£327,545 £3,442 11
    2017£391,944 £2,902 9
    2016£264,187 £3,305 8
    2015£189,000 £2,423 5
    2014£165,000 £2,042 3
    2013£219,583 £2,116 6
    2012£209,565 £2,104 15
    2011£243,248 £2,115 6
    2010£370,000 £3,031 1
    2009£177,000 £2,071 1
    2008£172,000 £1,880 2
    2007£212,000 £2,300 4
    2006£179,125 £1,332 4
    2005£245,500 £2,387 4
    2004£190,749 £2,090 4
    2003£230,800 £935 5
    2002£161,598 £1,236 10
    2001£132,071 £1,255 7
    2000£118,200 £966 5
    1999£85,499 £1,051 10
    1998£85,375 £1,092 4
    1997£93,936 £582 8
    1996£71,000 £511 5
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£1,533,840 £7,696 5
    2022£194,000 £3,646 5
    2021£350,0001
    2020£580,0002
    2019£238,324 £2,767 4
    2018£1,141,750 £17,631 4
    2017£209,000 £2,545 5
    2016£277,083 £1,604 3
    2015£375,0001
    2013£82,500 £1,251 1

    House Type in ME5 7QF area

    The most common house types in the ME5 7QF postcode area are Flat (73), Terraced (26), and Detached (21).

    Total134
    Flat73
    Terraced26
    Detached21
    Semi-detached14
    Shared house0
    converted building0
    commercial building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Owned: Owns outright (43), and Social rented: Other social rented (43).

    Owned: Owns outright43
    Social rented: Other social rented43
    Owned: Owns with a mortgage or loan28
    Private rented: Private landlord or letting agency11
    Social rented: Rents from council or Local Authority6
    Shared ownership: Shared ownership2
    Private rented: Other private rented1
    Does not apply0
    Lives rent free0

    Number of People in a Household

    The most houses in the ME5 7QF have 1 person in household (76), and 2 people in household (31).

    1 person in household76
    2 people in household31
    4 people in household14
    3 people in household6
    5 people in household6
    6 people in household1
    7 people in household1
    0 people in household0
    8 or more people in household0