Housing Market Analysis for HERON WAY, ME5 7RL

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

Overview of Sold House prices

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

Terraced
- The average price is around £110,525 median price is £115,000 Standard Deviation is £56,851 with Total Sold: 49
- The Last 5 Year average price is £222,000 with Total Sold: 4
- The most recent sale happened at this postcode is 47 HERON WAY: £255,000 (Sold on 13 Oct 2022)
- The first recorded sale happened at this postcode is 51 HERON WAY: £34,000 (Sold on 05 Sep 1996)
Semi-Detached
- The average price is around £93,974 median price is £84,250 Standard Deviation is £60,256 with Total Sold: 10
- The most recent sale happened at this postcode is 50 HERON WAY: £225,000 (Sold on 27 Sep 2018)
- The first recorded sale happened at this postcode is 50 HERON WAY: £42,000 (Sold on 05 May 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 7RL 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£255,000	£5,348	1
2021	£219,000	£3,895	2
2019	£195,000	£3,530	1
2018	£207,500	£3,970	2
2017	£185,000	£3,947	1
2015	£157,200	£3,050	5
2013	£120,000	£2,500	1
2012	£118,875	£2,358	4
2011	£124,250	£1,883	2
2009	£111,000	£2,362	1
2007	£132,000	£2,497	5
2006	£115,000		1
2004	£122,000		1
2003	£99,750	£1,878	2
2002	£75,995	£1,583	1
2001	£64,500	£1,304	8
2000	£51,500	£1,059	2
1999	£42,812	£872	4
1998	£47,998	£762	2
1997	£54,995		1
1996	£36,500	£812	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£225,000	£3,541	1
2010	£150,000	£2,361	1
2006	£125,000	£2,604	1
2005	£105,000	£2,442	1
2004	£120,000	£2,034	1
2002	£16,250		1
2001	£63,500	£1,076	1
1999	£51,995	£1,061	1
1995	£41,500	£767	2

All the Sales in the HERON WAY, ME5 7RL

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

Address	Sold Date	Price	% Change
47 HERON WAYTerraced, FreeholdArea: 47.68 Sq.mtrAge: 1983-1990	13 Oct 2022	£255,000	110.74%
	28 Sep 2012	£121,000	-3.20%
	11 May 2006	£125,000	64.48%
	19 Apr 2002	£75,995	50.49%
	12 Aug 1999	£50,500	First Sale
52 HERON WAYTerraced, FreeholdArea: 64 Sq.mtrAge: 1983-1990	22 Dec 2021	£240,000	55.84%
	17 Feb 2015	£154,000	35.68%
	28 Jun 2011	£113,500	54.42%
	07 Dec 2001	£73,500	44.12%
	04 Sep 1998	£51,000	First Sale
23 HERON WAYTerraced, FreeholdArea: 49 Sq.mtrAge: 1983-1990	08 Mar 2021	£198,000	13.14%
	03 Jul 2015	£175,000	31.58%
	04 Dec 2007	£133,000	44.57%
	14 Mar 2003	£92,000	First Sale
57 HERON WAYTerraced, FreeholdArea: 55.24 Sq.mtrAge: 1983-1990	17 Jan 2019	£195,000	65.25%
	24 Aug 2012	£118,000	First Sale
29 HERON WAYTerraced, FreeholdArea: 52.9 Sq.mtrAge: 1983-1990	26 Oct 2018	£210,000	27.27%
	02 Dec 2015	£165,000	39.83%
	26 Jan 2012	£118,000	-5.60%
	02 May 2007	£125,000	140.38%
	14 Apr 2000	£52,000	108.00%
	13 Oct 1999	£25,000	First Sale
50 HERON WAYSemi-Detached, FreeholdArea: 63.54 Sq.mtrAge: 1983-1990	27 Sep 2018	£225,000	50.00%
	13 Aug 2010	£150,000	257.14%
	05 May 1995	£42,000	First Sale
51 HERON WAYTerraced, Freehold	06 Apr 2018	£205,000	46.43%
	30 Jan 2015	£140,000	14.75%
	14 Oct 2004	£122,000	98.37%
	15 Aug 2001	£61,500	36.68%
	13 Feb 1998	£44,995	32.34%
	05 Sep 1996	£34,000	First Sale
59 HERON WAYTerraced, FreeholdArea: 46.87 Sq.mtrAge: 1991-1995	26 Apr 2017	£185,000	56.12%
	13 Jun 2012	£118,500	82.31%
	18 Jun 2001	£65,000	First Sale
31 HERON WAYTerraced, FreeholdArea: 49 Sq.mtrAge: 1976-1982	10 Jul 2015	£152,000	First Sale
45 HERON WAYTerraced, FreeholdArea: 48 Sq.mtrAge: 1983-1990	08 Aug 2013	£120,000	105.13%
45 HERON WAYTerraced, FreeholdArea: 48 Sq.mtrAge: 1983-1990	29 May 2001	£58,500	First Sale
56 HERON WAYTerraced, FreeholdArea: 67.74 Sq.mtrAge: 1983-1990	25 Feb 2011	£135,000	-5.92%
	28 Feb 2007	£143,500	First Sale
37 HERON WAYTerraced, FreeholdArea: 47 Sq.mtrAge: 1983-1990	08 Jul 2009	£111,000	-15.91%
	15 Jun 2007	£132,000	158.82%
	10 Dec 1999	£51,000	First Sale
41 HERON WAYTerraced, FreeholdArea: 51 Sq.mtrAge: 1976-1982	06 Jul 2007	£126,500	First Sale
53 HERON WAYTerraced, Freehold	13 Oct 2006	£115,000	First Sale
58 HERON WAYSemi-Detached, FreeholdArea: 43 Sq.mtrAge: 1983-1990	31 May 2005	£105,000	First Sale
49 HERON WAYSemi-Detached, FreeholdArea: 59 Sq.mtrAge: 1983-1990	13 Aug 2004	£120,000	88.98%
	27 Apr 2001	£63,500	22.13%
	23 Jul 1999	£51,995	First Sale
21 HERON WAYTerraced, Freehold	09 May 2003	£107,500	First Sale
27 HERON WAYSemi-Detached, Leasehold	11 Sep 2002	£16,250	First Sale
19 HERON WAYTerraced, FreeholdArea: 44.94 Sq.mtrAge: 1983-1990	19 Dec 2001	£69,000	35.29%
	14 Jan 2000	£51,000	First Sale
43 HERON WAYTerraced, Freehold	05 Oct 2001	£61,500	First Sale
33 HERON WAYTerraced, FreeholdArea: 48 Sq.mtrAge: 1976-1982	29 Jun 2001	£67,000	71.79%
33 HERON WAYTerraced, FreeholdArea: 48 Sq.mtrAge: 1976-1982	12 Sep 1996	£39,000	First Sale
25 HERON WAYTerraced, FreeholdArea: 48 Sq.mtrAge: 1983-1990	16 Mar 2001	£60,000	First Sale
60 HERON WAYTerraced, Freehold	21 Dec 1999	£44,750	First Sale
54 HERON WAYTerraced, Freehold	12 Dec 1997	£54,995	First Sale
39 HERON WAYSemi-Detached, FreeholdArea: 47 Sq.mtrAge: 1991-1995	12 May 1995	£41,000	First Sale

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

HERON WAY, ME5 7RL Near By properties

Interactive Map

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

Terraced
- The average price is around £123,169 median price is £120,000 Standard Deviation is £65,395 with Total Sold: 2,304
- The Last 5 Year average price is £232,765 with Total Sold: 288
- 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 £135,303 median price is £125,000 Standard Deviation is £79,094 with Total Sold: 1,141
- The Last 5 Year average price is £271,059 with Total Sold: 137
- 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 £83,800 median price is £75,000 Standard Deviation is £42,120 with Total Sold: 151
- 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 £197,351 median price is £177,500 Standard Deviation is £109,214 with Total Sold: 180
- The Last 5 Year average price is £379,065 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 , 88 REDWING ROAD: £83,000 (Sold on 31 Mar 1995)
Other
- The average price is around £628,728 median price is £206,500 Standard Deviation is £1,324,520 with Total Sold: 18
- The Last 5 Year average price is £934,260 with Total Sold: 10
- 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	£242,333	£4,259	15
2023	£261,908	£4,342	31
2022	£252,333	£4,194	63
2021	£228,660	£3,716	75
2020	£224,440	£3,548	50
2019	£203,958	£3,368	54
2018	£202,605	£3,525	55
2017	£208,610	£3,379	82
2016	£192,071	£3,169	68
2015	£161,746	£2,827	69
2014	£146,880	£2,542	73
2013	£126,564	£2,246	74
2012	£130,053	£2,030	55
2011	£126,693	£2,083	44
2010	£120,526	£2,187	32
2009	£123,348	£2,159	38
2008	£136,038	£2,243	40
2007	£140,111	£2,377	139
2006	£130,841	£2,272	109
2005	£125,466	£2,148	91
2004	£116,388	£2,001	131
2003	£104,749	£1,863	111
2002	£84,586	£1,508	113
2001	£67,613	£1,162	120
2000	£58,312	£1,033	149
1999	£48,823	£860	131
1998	£47,832	£812	92
1997	£43,502	£765	79
1996	£40,734	£711	62
1995	£39,413	£708	59

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£262,726	£4,237	5
2023	£305,111	£4,176	27
2022	£296,950	£4,350	20
2021	£264,922	£3,711	32
2020	£251,617	£3,644	30
2019	£244,283	£3,005	23
2018	£241,476	£3,338	34
2017	£238,167	£3,204	33
2016	£230,368	£3,137	36
2015	£188,231	£2,563	26
2014	£161,942	£2,323	26
2013	£158,065	£2,123	25
2012	£149,409	£2,182	22
2011	£152,792	£2,199	12
2010	£148,036	£2,110	15
2009	£135,749	£1,904	26
2008	£144,259	£2,050	26
2007	£156,801	£2,296	46
2006	£143,268	£2,195	55
2005	£128,986	£2,064	41
2004	£133,294	£1,926	56
2003	£114,035	£1,866	60
2002	£100,000	£1,453	79
2001	£81,022	£1,222	64
2000	£70,053	£1,104	49
1999	£56,781	£881	59
1998	£53,665	£790	54
1997	£50,769	£744	69
1996	£46,793	£662	53
1995	£46,525	£739	38

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	£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	£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	£89,812	£1,912	8
2003	£73,123	£1,443	12
2002	£65,945	£1,460	10
2001	£47,007	£1,047	12
2000	£44,686	£970	7
1999	£30,250	£841	9
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	£368,333	£4,527	3
2022	£430,667	£4,236	3
2021	£385,409	£4,438	11
2020	£332,333	£3,609	3
2019	£327,500	£3,250	2
2018	£335,500	£3,272	6
2017	£338,900	£3,298	5
2016	£288,600	£3,370	5
2015	£233,575	£2,753	6
2014	£211,714	£2,671	7
2013	£210,800	£2,112	5
2012	£273,375	£2,561	4
2011	£223,750	£2,547	4
2010	£292,500	£2,758	2
2009	£190,000	£1,792	1
2008	£196,500	£1,748	2
2007	£204,091	£2,439	7
2006	£216,604	£1,993	11
2005	£164,922	£2,099	9
2004	£205,899	£2,289	5
2003	£141,299	£1,807	5
2002	£150,389	£1,583	9
2001	£119,437	£1,113	8
2000	£131,833	£1,195	9
1999	£98,708	£1,033	12
1998	£78,688	£1,003	12
1997	£89,250	£769	10
1996	£78,125	£901	8
1995	£77,400	£860	5

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£5,900,000		1
2023	£520,000	£3,688	1
2022	£614,250	£9,618	4
2021	£195,000		1
2020	£17,000		1
2019	£126,800	£2,688	2
2017	£267,333	£3,328	3
2016	£253,124	£2,727	4
2015	£160,000		1

House Type in ME5 7RL area

The most common house types in the ME5 7RL 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 7RL 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