Housing Market Analysis for ME5 7QZ

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    ME5 7QZ Near By properties

    Interactive Map

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

    • Terraced
      • The average price is around £124,162 median price is £121,000 Standard Deviation is £66,635 with Total Sold: 1,833
      • The Last 5 Year average price is £235,558 with Total Sold: 232
      • 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 £136,987 median price is £125,995 Standard Deviation is £81,819 with Total Sold: 971
      • The Last 5 Year average price is £283,051 with Total Sold: 102
      • 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 , 4 WEY CLOSE: £49,000 (Sold on 20 Jan 1995)
    • Detached
      • The average price is around £237,758 median price is £222,000 Standard Deviation is £128,438 with Total Sold: 486
      • The Last 5 Year average price is £449,630 with Total Sold: 69
      • 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)
    • Other
      • The average price is around £1,137,825 median price is £361,000 Standard Deviation is £1,859,231 with Total Sold: 8
      • The Last 5 Year average price is £1,606,120 with Total Sold: 5
      • 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 , 268A LORDS WOOD LANE: £420,000 (Sold on 16 Nov 2016)
    • Flat
      • The average price is around £77,677 median price is £71,000 Standard Deviation is £33,596 with Total Sold: 99
      • The Last 5 Year average price is £108,719 with Total Sold: 16
      • The most recent sale happened at this postcode is FLAT 4, APPOLLO HOUSE ILLUSTRIOUS CLOSE: £120,000 (Sold on 10 Feb 2023)
      • The first recorded sale happened at this postcode is , 44 DOVE CLOSE: £40,000 (Sold on 10 May 1996)

    Sold Price Trend Over the Years:

    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£257,750 £3,011 12
    2023£257,413 £4,313 27
    2022£259,404 £4,233 47
    2021£227,651 £3,763 63
    2020£229,329 £3,625 38
    2019£207,950 £3,507 45
    2018£208,170 £3,510 43
    2017£208,978 £3,360 68
    2016£192,231 £3,323 49
    2015£166,482 £2,848 55
    2014£147,824 £2,518 60
    2013£129,561 £2,282 53
    2012£130,761 £2,056 39
    2011£127,580 £2,123 28
    2010£121,461 £2,102 19
    2009£122,884 £2,274 24
    2008£136,542 £2,243 36
    2007£143,252 £2,404 112
    2006£132,513 £2,288 86
    2005£125,145 £2,198 72
    2004£118,522 £2,056 95
    2003£110,848 £1,921 95
    2002£85,908 £1,533 89
    2001£70,589 £1,199 97
    2000£60,929 £1,069 108
    1999£50,334 £873 107
    1998£50,117 £828 86
    1997£44,840 £796 69
    1996£40,998 £724 57
    1995£40,375 £712 54
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£298,250 £4,785 4
    2023£298,143 £4,545 14
    2022£291,762 £4,680 21
    2021£294,635 £3,953 26
    2020£276,589 £3,864 19
    2019£247,861 £3,522 18
    2018£246,292 £3,779 24
    2017£238,417 £3,650 18
    2016£235,831 £3,289 29
    2015£204,583 £2,825 24
    2014£184,830 £2,662 22
    2013£161,167 £2,396 18
    2012£154,382 £2,244 17
    2011£150,250 £2,339 14
    2010£157,107 £2,317 14
    2009£148,666 £2,081 18
    2008£173,928 £2,194 21
    2007£163,795 £2,492 37
    2006£160,659 £2,194 55
    2005£137,816 £2,230 38
    2004£143,564 £2,066 46
    2003£121,420 £2,020 41
    2002£105,955 £1,559 64
    2001£87,306 £1,260 61
    2000£76,616 £1,129 61
    1999£59,494 £934 50
    1998£57,323 £873 45
    1997£55,438 £774 63
    1996£49,746 £689 48
    1995£49,688 £781 41
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£437,286 £6,250 7
    2023£472,500 £4,249 7
    2022£483,200 £4,579 10
    2021£466,421 £3,794 19
    2020£437,000 £3,755 13
    2019£406,231 £3,377 13
    2018£374,962 £3,499 13
    2017£365,800 £3,455 15
    2016£344,167 £3,434 12
    2015£273,273 £2,988 11
    2014£235,399 £2,730 15
    2013£239,731 £2,257 13
    2012£259,036 £2,302 14
    2011£257,750 £2,269 8
    2010£275,364 £2,305 11
    2009£251,500 £1,653 4
    2008£222,522 £1,801 9
    2007£260,104 £2,471 24
    2006£251,216 £2,076 33
    2005£213,311 £1,776 17
    2004£210,520 £2,234 24
    2003£208,374 £1,928 16
    2002£185,960 £1,670 25
    2001£136,619 £1,360 23
    2000£153,970 £1,180 17
    1999£125,581 £1,125 30
    1998£105,368 £1,016 19
    1997£94,978 £896 23
    1996£97,854 £767 24
    1995£82,247 £855 17
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£5,900,0001
    2022£966,000 £11,697 2
    2021£195,0001
    2019£3,6001
    2017£326,000 £3,655 2
    2016£420,000 £2,727 1
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£120,000 £3,750 1
    2022£105,250 £2,110 4
    2021£97,750 £2,045 2
    2020£107,000 £2,466 4
    2019£115,000 £2,442 5
    2018£90,000 £1,832 2
    2017£202,500 £3,682 1
    2016£127,550 £2,645 5
    2015£70,650 £1,556 5
    2014£79,438 £1,754 4
    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£78,188 £1,583 4
    2007£82,6673
    2006£72,000 £1,389 3
    2005£72,0002
    2004£88,833 £1,723 3
    2003£64,811 £1,321 8
    2002£66,161 £1,478 9
    2001£47,232 £1,096 9
    2000£54,500 £1,111 2
    1999£29,292 £849 6
    1998£60,000 £1,154 1
    1997£42,000 £808 1
    1996£40,0001

    House Type in ME5 7QZ area

    The most common house types in the ME5 7QZ postcode area are Terraced (84), Semi-detached (22), and Flat (9).

    Total124
    Terraced84
    Semi-detached22
    Flat9
    Detached8
    temporary structure1
    Shared house0
    converted building0
    commercial building0

    Tenure of household

    As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (47), and Owned: Owns outright (31).

    Owned: Owns with a mortgage or loan47
    Owned: Owns outright31
    Social rented: Other social rented28
    Social rented: Rents from council or Local Authority9
    Private rented: Private landlord or letting agency7
    Private rented: Other private rented2
    Does not apply0
    Shared ownership: Shared ownership0
    Lives rent free0

    Number of People in a Household

    The most houses in the ME5 7QZ have 2 people in household (34), and 1 person in household (29).

    2 people in household34
    1 person in household29
    4 people in household24
    3 people in household23
    5 people in household13
    6 people in household1
    0 people in household0
    7 people in household0
    8 or more people in household0