Housing Market Analysis for HERITAGE ROAD, ME5 7SQ

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

Overview of Sold House prices

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

Terraced
- The average price is around £116,746 median price is £105,000 Standard Deviation is £66,927 with Total Sold: 68
- The Last 5 Year average price is £238,611 with Total Sold: 9
- The most recent sale happened at this postcode is 61 HERITAGE ROAD: £265,000 (Sold on 26 Oct 2022)
- The first recorded sale happened at this postcode is 53 HERITAGE ROAD: £320,000 (Sold on 15 Aug 2024)
Semi-Detached
- The average price is around £107,249 median price is £99,995 Standard Deviation is £58,860 with Total Sold: 9
- The most recent sale happened at this postcode is 41 HERITAGE ROAD: £235,000 (Sold on 17 May 2017)
- The first recorded sale happened at this postcode is 51 HERITAGE ROAD: £45,250 (Sold on 25 May 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 7SQ 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	£265,000	£5,000	1
2021	£235,000	£3,406	1
2020	£226,667	£3,686	3
2019	£210,000	£2,921	2
2018	£189,250	£3,832	2
2017	£219,833	£3,260	3
2015	£180,000	£2,609	1
2014	£153,000	£3,188	1
2009	£134,000	£1,576	2
2008	£126,250	£1,691	2
2007	£129,998	£2,113	3
2006	£132,333	£2,107	3
2005	£128,500	£1,768	2
2004	£124,500	£1,966	3
2003	£104,125	£2,156	4
2002	£94,499	£1,444	4
2001	£71,071	£1,058	7
2000	£69,750	£1,043	4
1999	£55,371	£881	9
1998	£50,000		2
1997	£44,982	£803	3
1996	£36,498	£771	2
1995	£52,472	£642	2
2024	£273,750		2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£235,000	£3,357	1
2006	£155,000		1
2004	£139,000	£1,986	1
2003	£106,000	£2,208	1
2002	£95,995	£1,314	2
1997	£46,500	£854	2
1995	£45,250		1

All the Sales in the HERITAGE ROAD, ME5 7SQ

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

Address	Sold Date	Price	% Change
61 HERITAGE ROADTerraced, FreeholdArea: 53 Sq.mtrAge: 1983-1990	26 Oct 2022	£265,000	29.27%
	02 Nov 2017	£205,000	57.69%
	02 Jun 2006	£130,000	116.67%
	20 Jul 2001	£60,000	2.56%
	19 May 2000	£58,500	39.45%
	07 Oct 1997	£41,950	First Sale
35 HERITAGE ROADTerraced, FreeholdArea: 69 Sq.mtrAge: 1983-1990	09 Jul 2021	£235,000	213.33%
	27 Feb 2001	£75,000	First Sale
25 HERITAGE ROADTerraced, FreeholdArea: 70 Sq.mtrAge: 1983-1990	24 Jul 2020	£245,000	First Sale
59 HERITAGE ROADTerraced, FreeholdArea: 70 Sq.mtrAge: 1983-1990	26 May 2020	£230,000	84.00%
	12 Nov 2004	£125,000	First Sale
65 HERITAGE ROADTerraced, FreeholdArea: 48 Sq.mtrAge: 1976-1982	19 Mar 2020	£205,000	64.01%
	23 Feb 2007	£124,995	22.54%
	28 Feb 2003	£102,000	131.84%
	20 Oct 1997	£43,995	First Sale
33 HERITAGE ROADTerraced, FreeholdArea: 74 Sq.mtrAge: 1983-1990	12 Jul 2019	£205,000	70.83%
	15 Jun 2007	£120,000	14.29%
	11 Nov 2002	£105,000	First Sale
57 HERITAGE ROADTerraced, FreeholdArea: 70 Sq.mtrAge: 1983-1990	22 Feb 2019	£215,000	104.76%
	04 Dec 2002	£105,000	114.29%
	23 May 1997	£49,000	9.01%
	10 Feb 1995	£44,949	First Sale
11 HERITAGE ROADTerraced, FreeholdArea: 48 Sq.mtrAge: 1991-1995	02 Nov 2018	£198,500	89.05%
	27 Jun 2003	£105,000	123.40%
	26 Mar 1999	£47,000	-79.34%
	18 Apr 2024	£227,500	First Sale
63 HERITAGE ROADTerraced, FreeholdArea: 51 Sq.mtrAge: 1976-1982	08 Feb 2018	£180,000	64.38%
	17 Jun 2004	£109,500	52.08%
	28 Mar 2002	£72,000	54.84%
	20 Aug 1999	£46,500	First Sale
53 HERITAGE ROADTerraced, FreeholdArea: 85 Sq.mtrAge: 1983-1990	29 Jun 2017	£230,000	45.57%
	16 Oct 2009	£158,000	43.64%
	08 May 2009	£110,000	71.89%
	20 Aug 1999	£63,995	-80.00%
	15 Aug 2024	£320,000	First Sale
41 HERITAGE ROADSemi-Detached, FreeholdArea: 70 Sq.mtrAge: 1983-1990	17 May 2017	£235,000	69.06%
	16 Jun 2004	£139,000	51.10%
	05 Jul 2002	£91,995	First Sale
49 HERITAGE ROADTerraced, FreeholdArea: 70 Sq.mtrAge: 1983-1990	31 Mar 2017	£224,500	62.68%
	10 Mar 2006	£138,000	First Sale
47 HERITAGE ROADTerraced, FreeholdArea: 69 Sq.mtrAge: 1983-1990	07 Aug 2015	£180,000	47.54%
	07 Feb 2005	£122,000	52.50%
	22 Oct 2001	£80,000	26.98%
	19 Apr 2001	£63,000	First Sale
15 HERITAGE ROADTerraced, FreeholdArea: 48 Sq.mtrAge: 1983-1990	15 Aug 2014	£153,000	44.34%
	22 Aug 2003	£106,000	158.54%
	02 Jun 1997	£41,000	First Sale
45 HERITAGE ROADTerraced, FreeholdArea: 68 Sq.mtrAge: 1976-1982	28 Nov 2008	£115,000	-10.85%
	08 Jun 2006	£129,000	First Sale
3 HERITAGE ROADTerraced, Freehold	25 Jul 2008	£137,500	38.89%
	03 Nov 2003	£99,000	55.91%
	02 Oct 2001	£63,500	32.98%
	30 Nov 1999	£47,750	11.05%
	24 Aug 1998	£43,000	First Sale
29 HERITAGE ROADTerraced, Freehold	17 Dec 2007	£145,000	First Sale
51 HERITAGE ROADSemi-Detached, Freehold	22 Jun 2006	£155,000	55.01%
	28 Mar 2002	£99,995	92.30%
	02 Jun 1997	£52,000	14.92%
	25 May 1995	£45,250	First Sale
31 HERITAGE ROADTerraced, Freehold	09 Dec 2005	£135,000	-2.88%
	16 Jul 2004	£139,000	44.80%
	19 Jul 2002	£95,995	65.51%
	26 Feb 1999	£58,000	First Sale
55 HERITAGE ROADTerraced, Freehold	16 Jan 2003	£110,500	58.99%
	23 Oct 2000	£69,500	20.66%
	04 Nov 1999	£57,600	First Sale
43 HERITAGE ROADTerraced, Freehold	30 Aug 2001	£76,000	24.59%
43 HERITAGE ROADTerraced, Freehold	03 Dec 1999	£61,000	First Sale
21 HERITAGE ROADTerraced, FreeholdArea: 80 Sq.mtrAge: 1976-1982	22 Jun 2001	£79,995	1.90%
	27 Oct 2000	£78,500	First Sale
39 HERITAGE ROADTerraced, Freehold	04 Dec 2000	£72,500	27.20%
39 HERITAGE ROADTerraced, Freehold	20 Jul 1999	£56,995	First Sale
27 HERITAGE ROADTerraced, Freehold	07 Oct 1999	£59,500	4.39%
27 HERITAGE ROADTerraced, Freehold	17 Aug 1998	£57,000	First Sale
9 HERITAGE ROADTerraced, Freehold	22 Mar 1996	£35,995	First Sale
7 HERITAGE ROADTerraced, FreeholdArea: 48 Sq.mtrAge: 1983-1990	12 Jan 1996	£37,000	First Sale
23 HERITAGE ROADTerraced, Freehold	08 Dec 1995	£59,995	First Sale

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

HERITAGE ROAD, ME5 7SQ Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £136,268 median price is £127,000 Standard Deviation is £78,582 with Total Sold: 1,225
- The Last 5 Year average price is £271,856 with Total Sold: 148
- The most recent sale happened at this postcode is , 33 ALAMEIN AVENUE: £318,000 (Sold on 29 Aug 2024)
- The first recorded sale happened at this postcode is , 15 WOOLWICH CLOSE: £53,500 (Sold on 06 Jan 1995)
Terraced
- The average price is around £123,221 median price is £120,000 Standard Deviation is £65,915 with Total Sold: 1,965
- The Last 5 Year average price is £230,145 with Total Sold: 249
- The most recent sale happened at this postcode is , 53 HERITAGE ROAD: £320,000 (Sold on 15 Aug 2024)
- The first recorded sale happened at this postcode is , 16 CLOVER BANK VIEW: £38,500 (Sold on 06 Jan 1995)
Flat
- The average price is around £85,700 median price is £75,000 Standard Deviation is £45,151 with Total Sold: 151
- The Last 5 Year average price is £134,562 with Total Sold: 24
- 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 £183,169 median price is £157,995 Standard Deviation is £102,375 with Total Sold: 131
- The Last 5 Year average price is £365,875 with Total Sold: 16
- 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 £496,355 median price is £198,750 Standard Deviation is £1,247,519 with Total Sold: 20
- The Last 5 Year average price is £757,509 with Total Sold: 11
- 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£276,848	£3,502	9
2023	£319,916	£3,912	32
2022	£297,353	£4,023	17
2021	£260,676	£3,648	34
2020	£243,683	£3,471	30
2019	£241,435	£3,021	26
2018	£236,913	£3,201	38
2017	£240,532	£3,148	33
2016	£220,482	£2,921	41
2015	£185,733	£2,411	30
2014	£166,729	£2,313	36
2013	£150,690	£2,058	27
2012	£144,804	£2,048	28
2011	£147,250	£1,980	16
2010	£146,030	£1,993	18
2009	£134,014	£1,832	34
2008	£143,156	£1,991	30
2007	£156,917	£2,162	49
2006	£143,147	£2,129	56
2005	£125,824	£1,985	40
2004	£135,688	£1,910	58
2003	£114,518	£1,788	71
2002	£98,067	£1,375	82
2001	£79,267	£1,183	63
2000	£67,312	£1,029	53
1999	£57,131	£859	62
1998	£53,305	£761	53
1997	£49,882	£729	69
1996	£45,061	£633	51
1995	£44,393	£700	39

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£234,042	£4,259	12
2023	£259,684	£4,455	28
2022	£249,942	£4,260	52
2021	£228,000	£3,763	67
2020	£223,804	£3,577	46
2019	£196,784	£3,478	44
2018	£203,043	£3,586	47
2017	£210,487	£3,405	76
2016	£197,647	£3,207	56
2015	£162,055	£2,824	64
2014	£149,009	£2,593	58
2013	£127,335	£2,353	59
2012	£129,196	£2,068	48
2011	£124,770	£2,123	37
2010	£119,590	£2,255	26
2009	£121,559	£2,196	34
2008	£134,543	£2,298	35
2007	£139,097	£2,403	121
2006	£131,014	£2,326	87
2005	£126,122	£2,186	77
2004	£116,962	£2,029	110
2003	£103,028	£1,873	89
2002	£83,478	£1,525	102
2001	£67,276	£1,164	102
2000	£57,910	£1,055	132
1999	£48,236	£869	112
1998	£46,982	£822	74
1997	£43,836	£771	66
1996	£40,001	£713	50
1995	£39,815	£726	54

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	£108,833	£2,574	3
2020	£138,600	£2,490	5
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	£89,400	£1,496	5
2011	£82,700	£1,595	5
2010	£75,500	£1,807	2
2009	£82,150	£1,681	5
2008	£92,531	£2,405	8
2007	£87,750	£2,239	4
2006	£86,524	£2,031	8
2005	£82,250	£2,004	4
2004	£93,000	£2,094	6
2003	£74,448	£1,476	10
2002	£66,717	£1,485	9
2001	£46,430	£1,035	13
2000	£44,686	£970	7
1999	£29,972	£840	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	£471,250	£3,394	2
2023	£355,000	£4,494	2
2022	£430,000	£4,150	2
2021	£353,250	£4,689	6
2020	£283,500	£3,544	2
2019	£327,500	£3,250	2
2018	£337,500	£3,218	2
2017	£328,333	£3,102	3
2016	£279,500	£3,348	4
2015	£230,242	£2,827	6
2014	£228,300	£2,623	5
2013	£214,750	£2,046	4
2012	£240,000	£2,963	1
2011	£173,250	£2,277	4
2010	£235,000	£2,328	1
2009	£190,000	£1,792	1
2008	£196,500	£1,748	2
2007	£174,160	£2,415	4
2006	£212,188	£2,131	8
2005	£163,400	£1,820	7
2004	£181,249	£1,932	4
2003	£151,624	£1,807	4
2002	£141,583	£1,763	6
2001	£117,071	£1,113	7
2000	£115,749	£1,293	8
1999	£91,688	£1,087	8
1998	£78,425	£987	10
1997	£83,917	£762	6
1996	£67,500	£901	7
1995	£90,667	£860	3

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	£212,333	£1,615	3
2019	£126,800	£2,688	2
2017	£168,400	£2,253	5
2016	£197,499		3
2015	£160,000		1

House Type in ME5 7SQ area

The most common house types in the ME5 7SQ postcode area are Terraced (101), Semi-detached (19), and Flat (2).

Total	124
Terraced	101
Semi-detached	19
Flat	2
Detached	1
commercial building	1
Shared house	0
converted 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 (58), and Private rented: Private landlord or letting agency (42).

Owned: Owns with a mortgage or loan	58
Private rented: Private landlord or letting agency	42
Owned: Owns outright	19
Shared ownership: Shared ownership	2
Social rented: Other social rented	2
Private rented: Other private rented	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the ME5 7SQ have 1 person in household (41), and 2 people in household (40).

1 person in household	41
2 people in household	40
3 people in household	24
4 people in household	16
5 people in household	2
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0