Housing Market Analysis for HERON WAY, ME5 7RH

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £141,540 median price is £124,000 Standard Deviation is £81,288 with Total Sold: 11
- The Last 5 Year average price is £264,000 with Total Sold: 2
- The most recent sale happened at this postcode is 94 HERON WAY: £273,000 (Sold on 28 Feb 2022)
- The first recorded sale happened at this postcode is 98 HERON WAY: £61,000 (Sold on 30 Apr 1996)
Terraced
- The average price is around £103,560 median price is £94,248 Standard Deviation is £59,282 with Total Sold: 32
- The Last 5 Year average price is £213,000 with Total Sold: 3
- The most recent sale happened at this postcode is 65 HERON WAY: £191,000 (Sold on 22 Oct 2021)
- The first recorded sale happened at this postcode is 80 HERON WAY: £30,000 (Sold on 19 Jun 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 7RH 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£273,000	£3,545	1
2021	£255,000	£3,542	1
2017	£252,000	£3,600	1
2007	£172,995	£2,247	1
2003	£128,000		1
2002	£123,475	£1,740	2
1996	£57,249	£783	4

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£213,000	£3,536	3
2017	£204,500	£3,765	2
2015	£165,000	£2,463	1
2013	£118,000	£2,360	1
2012	£122,498	£2,249	2
2008	£143,000	£2,502	2
2007	£125,000	£2,193	1
2004	£128,500	£2,215	2
2003	£109,500	£2,004	2
2002	£83,998	£1,643	2
2001	£65,250		2
2000	£56,236	£961	4
1999	£49,748	£871	2
1998	£45,000		1
1997	£38,500	£748	2
1996	£38,000	£735	2
1995	£30,000		1

All the Sales in the HERON WAY, ME5 7RH

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

Address	Sold Date	Price	% Change
94 HERON WAYSemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1996-2002	28 Feb 2022	£273,000	57.81%
	30 May 2007	£172,995	249.48%
	16 Aug 1996	£49,500	First Sale
65 HERON WAYTerraced, FreeholdArea: 65 Sq.mtrAge: 1983-1990	22 Oct 2021	£191,000	First Sale
61 HERON WAYTerraced, FreeholdArea: 67 Sq.mtrAge: 1983-1990	25 Jun 2021	£238,000	44.24%
	29 Apr 2015	£165,000	8.55%
	06 Jun 2008	£152,000	16.92%
	28 Jun 2004	£130,000	85.71%
	01 Dec 2000	£70,000	33.33%
	15 Jan 1999	£52,500	First Sale
90 HERON WAYTerraced, FreeholdArea: 51 Sq.mtrAge: 1983-1990	29 Apr 2021	£210,000	65.35%
	14 Dec 2004	£127,000	202.38%
	30 Oct 1997	£42,000	First Sale
96 HERON WAYSemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1991-1995	01 Apr 2021	£255,000	107.40%
	13 Nov 2002	£122,950	104.93%
	18 Oct 1996	£59,995	First Sale
78 HERON WAYTerraced, FreeholdArea: 52 Sq.mtrAge: 1983-1990	20 Dec 2017	£210,000	500.00%
78 HERON WAYTerraced, FreeholdArea: 52 Sq.mtrAge: 1983-1990	28 Feb 1997	£35,000	First Sale
98 HERON WAYSemi-Detached, FreeholdArea: 70 Sq.mtrAge: 1996-2002	27 Oct 2017	£252,000	103.23%
	02 Aug 2002	£124,000	103.28%
	30 Apr 1996	£61,000	First Sale
76 HERON WAYTerraced, FreeholdArea: 57 Sq.mtrAge: 1983-1990	27 Jul 2017	£199,000	59.20%
	28 Feb 2007	£125,000	49.70%
	19 Jul 2002	£83,500	First Sale
84 HERON WAYTerraced, FreeholdArea: 50 Sq.mtrAge: 1983-1990	15 Jul 2013	£118,000	First Sale
72 HERON WAYTerraced, FreeholdArea: 49 Sq.mtrAge: 1983-1990	01 Jun 2012	£120,000	-10.45%
	04 Jan 2008	£134,000	28.85%
	24 Oct 2003	£104,000	121.30%
	06 Sep 1999	£46,995	30.54%
	28 Mar 1996	£36,000	First Sale
63 HERON WAYTerraced, FreeholdArea: 61 Sq.mtrAge: 1983-1990	29 May 2012	£124,995	8.69%
	08 May 2003	£115,000	69.13%
	07 Apr 2000	£67,995	83.77%
	31 Jan 2000	£37,000	First Sale
92 HERON WAYSemi-Detached, Freehold	29 Aug 2003	£128,000	118.80%
92 HERON WAYSemi-Detached, Freehold	28 Aug 1996	£58,500	First Sale
66 HERON WAYTerraced, FreeholdArea: 46.4 Sq.mtrAge: 1983-1990	19 Dec 2002	£84,495	69.16%
	31 Mar 2000	£49,950	First Sale
82 HERON WAYTerraced, Freehold	07 Sep 2001	£67,500	50.00%
82 HERON WAYTerraced, Freehold	27 Aug 1998	£45,000	First Sale
88 HERON WAYTerraced, Freehold	01 Jun 2001	£63,000	First Sale
68 HERON WAYTerraced, Freehold	16 Feb 1996	£40,000	First Sale
80 HERON WAYTerraced, Freehold	19 Jun 1995	£30,000	First Sale

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

HERON WAY, ME5 7RH Near By properties

Interactive Map

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

Terraced
- The average price is around £123,539 median price is £120,000 Standard Deviation is £65,711 with Total Sold: 2,278
- The Last 5 Year average price is £232,427 with Total Sold: 290
- 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 £132,459 median price is £124,000 Standard Deviation is £76,597 with Total Sold: 1,151
- The Last 5 Year average price is £266,885 with Total Sold: 129
- 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 , 15 WOOLWICH CLOSE: £53,500 (Sold on 06 Jan 1995)
Flat
- The average price is around £84,359 median price is £74,500 Standard Deviation is £43,272 with Total Sold: 140
- The Last 5 Year average price is £128,795 with Total Sold: 22
- 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)
Detached
- The average price is around £189,862 median price is £168,750 Standard Deviation is £101,373 with Total Sold: 218
- The Last 5 Year average price is £371,935 with Total Sold: 23
- The most recent sale happened at this postcode is , 43 RAMILLIES CLOSE: £430,000 (Sold on 07 Jun 2024)
- The first recorded sale happened at this postcode is , 22 GLAMIS CLOSE: £86,000 (Sold on 09 Mar 1995)
Other
- The average price is around £579,194 median price is £198,750 Standard Deviation is £1,380,512 with Total Sold: 16
- The Last 5 Year average price is £856,956 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£244,500	£4,259	16
2023	£264,327	£4,399	31
2022	£252,210	£4,282	62
2021	£226,266	£3,752	79
2020	£224,480	£3,612	50
2019	£203,111	£3,470	52
2018	£202,470	£3,542	56
2017	£208,289	£3,430	83
2016	£192,866	£3,262	65
2015	£161,794	£2,835	68
2014	£148,035	£2,575	77
2013	£127,273	£2,359	65
2012	£129,243	£2,062	53
2011	£128,198	£2,136	43
2010	£121,682	£2,191	32
2009	£122,361	£2,202	36
2008	£136,397	£2,303	39
2007	£140,244	£2,403	137
2006	£130,797	£2,310	110
2005	£125,084	£2,202	88
2004	£115,892	£2,033	123
2003	£105,646	£1,900	111
2002	£84,270	£1,525	114
2001	£68,472	£1,169	122
2000	£58,697	£1,052	145
1999	£49,372	£871	131
1998	£47,751	£834	90
1997	£44,072	£780	79
1996	£40,904	£732	62
1995	£39,938	£722	59

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£262,726	£4,237	5
2023	£303,520	£4,295	25
2022	£290,050	£4,360	20
2021	£262,234	£3,822	32
2020	£246,611	£3,633	27
2019	£233,775	£3,365	20
2018	£236,820	£3,385	35
2017	£233,611	£3,269	27
2016	£228,888	£3,260	38
2015	£193,296	£2,612	27
2014	£162,500	£2,475	23
2013	£153,905	£2,169	25
2012	£149,450	£2,229	20
2011	£147,577	£2,208	13
2010	£145,500	£2,226	15
2009	£134,384	£1,894	26
2008	£143,644	£2,053	26
2007	£155,854	£2,366	49
2006	£149,745	£2,213	59
2005	£130,512	£2,152	43
2004	£134,892	£1,978	56
2003	£116,094	£1,901	60
2002	£98,838	£1,454	77
2001	£79,657	£1,237	66
2000	£68,928	£1,107	54
1999	£56,938	£899	62
1998	£53,768	£809	55
1997	£51,084	£741	72
1996	£46,313	£668	53
1995	£43,962	£750	41

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£310,000		1
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	£128,778	£2,857	9
2018	£130,667	£2,742	6
2017	£156,250	£2,852	2
2016	£122,464	£2,456	7
2015	£87,375	£2,158	6
2014	£90,417	£2,113	3
2013	£80,000	£1,509	1
2012	£69,000	£1,388	3
2011	£85,875	£1,517	4
2010	£75,500	£1,807	2
2009	£82,150	£1,681	5
2008	£91,464	£2,411	7
2007	£87,750	£2,239	4
2006	£86,283	£1,929	6
2005	£81,833	£1,990	3
2004	£93,000	£2,094	6
2003	£74,448	£1,476	10
2002	£66,717	£1,485	9
2001	£47,007	£1,047	12
2000	£44,686	£970	7
1999	£30,344	£907	8
1998	£39,417	£801	3
1997	£42,000	£808	1
1996	£40,000		1
1995	£29,000	£624	2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£430,000		1
2023	£378,000	£4,449	5
2022	£430,667	£4,236	3
2021	£364,312	£4,647	8
2020	£332,333	£3,609	3
2019	£343,667	£3,459	3
2018	£343,000	£3,375	5
2017	£342,500	£3,313	7
2016	£302,214	£3,407	7
2015	£248,828	£2,809	9
2014	£236,714	£2,598	7
2013	£212,357	£2,137	7
2012	£216,667	£2,413	3
2011	£181,250	£2,530	4
2010	£233,311	£2,134	4
2009	£202,500	£1,780	2
2008	£196,500	£1,748	2
2007	£208,204	£2,369	8
2006	£203,514	£2,085	11
2005	£168,430	£2,232	10
2004	£208,722	£2,049	9
2003	£170,248	£1,821	6
2002	£145,500	£1,616	9
2001	£126,845	£1,147	13
2000	£124,653	£1,280	13
1999	£98,900	£1,094	15
1998	£80,634	£987	13
1997	£85,500	£740	10
1996	£75,384	£817	13
1995	£85,500	£873	8

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£5,900,000		1
2023	£520,000	£3,688	1
2022	£275,667	£4,951	3
2021	£195,000		1
2020	£17,000		1
2019	£126,800	£2,688	2
2017	£267,333	£3,328	3
2016	£197,499		3
2015	£160,000		1

House Type in ME5 7RH area

The most common house types in the ME5 7RH postcode area are Terraced (103), Semi-detached (20), and Detached (6).

Total	130
Terraced	103
Semi-detached	20
Detached	6
converted building	1
Flat	0
Shared house	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (69), and Private rented: Private landlord or letting agency (36).

Owned: Owns with a mortgage or loan	69
Private rented: Private landlord or letting agency	36
Owned: Owns outright	20
Shared ownership: Shared ownership	2
Social rented: Other social rented	2
Does not apply	0
Social rented: Rents from council or Local Authority	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the ME5 7RH have 2 people in household (43), and 1 person in household (42).

2 people in household	43
1 person in household	42
3 people in household	28
4 people in household	14
5 people in household	5
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0