Housing Market Analysis for TRAMWAYS, ME5 7TA

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £67,041 median price is £50,762 Standard Deviation is £59,559 with Total Sold: 8
    • The Last 5 Year average price is £220,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 9 TRAMWAYS: £220,000 (Sold on 25 Feb 2021)
    • The first recorded sale happened at this postcode is 23 TRAMWAYS: £25,200 (Sold on 08 Sep 2000)
  • Terraced
    • The average price is around £193,000 median price is £193,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 TRAMWAYS: £193,000 (Sold on 30 Oct 2017)
    • The first recorded sale happened at this postcode is 1 TRAMWAYS: £193,000 (Sold on 30 Oct 2017)
  • Other
    • The average price is around £96,250 median price is £96,250 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 9 TRAMWAYS: £96,250 (Sold on 21 Oct 2016)
    • The first recorded sale happened at this postcode is 9 TRAMWAYS: £96,250 (Sold on 21 Oct 2016)
  • Flat
    • The average price is around £27,000 median price is £27,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 25 TRAMWAYS: £27,000 (Sold on 22 Nov 2002)
    • The first recorded sale happened at this postcode is 25 TRAMWAYS: £27,000 (Sold on 22 Nov 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 7TA 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£220,000 £3,667 1
2007£63,000 £984 1
2006£64,0001
2004£58,500 £975 1
2003£43,025 £717 1
2001£31,300 £510 2
2000£25,2001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£193,000 £2,573 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£96,250 £1,604 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2002£27,000 £355 1

All the Sales in the TRAMWAYS, ME5 7TA

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

AddressSold DatePrice% Change
9 TRAMWAYSSemi-Detached, FreeholdArea: 60 Sq.mtrAge: 1967-197525 Feb 2021£220,000128.57%
21 Oct 2016£96,25064.53%
04 Aug 2004£58,50035.97%
17 Jan 2003£43,02540.60%
01 Aug 2001£30,600First Sale
1 TRAMWAYSTerraced, FreeholdArea: 75 Sq.mtrAge: 1976-198230 Oct 2017£193,000First Sale
21 TRAMWAYSSemi-Detached, LeaseholdArea: 64 Sq.mtrAge: 1996-200224 Aug 2007£63,000First Sale
11 TRAMWAYSSemi-Detached, Leasehold21 Jun 2006£64,000First Sale
25 TRAMWAYSFlat, LeaseholdArea: 76 Sq.mtrAge: 1983-199022 Nov 2002£27,000First Sale
23 TRAMWAYSSemi-Detached, Leasehold24 Aug 2001£32,00026.98%
08 Sep 2000£25,200First Sale

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

TRAMWAYS, ME5 7TA Near By properties

Interactive Map

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

  • Flat
    • The average price is around £83,034 median price is £80,000 Standard Deviation is £45,419 with Total Sold: 686
    • The Last 5 Year average price is £129,626 with Total Sold: 118
    • 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 , 5 CONNAUGHT MEWS: £22,000 (Sold on 27 Jan 1995)
  • Semi-Detached
    • The average price is around £129,693 median price is £116,998 Standard Deviation is £76,358 with Total Sold: 668
    • The Last 5 Year average price is £239,918 with Total Sold: 99
    • 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 , 1 OLIVER CLOSE: £28,000 (Sold on 16 Feb 1995)
  • Terraced
    • The average price is around £115,750 median price is £110,000 Standard Deviation is £63,172 with Total Sold: 2,390
    • The Last 5 Year average price is £210,131 with Total Sold: 334
    • The most recent sale happened at this postcode is , 206 UPPER LUTON ROAD: £243,000 (Sold on 08 Aug 2024)
    • The first recorded sale happened at this postcode is , 173 CONSTITUTION ROAD: £37,500 (Sold on 10 Jan 1995)
  • Detached
    • The average price is around £194,761 median price is £180,000 Standard Deviation is £103,867 with Total Sold: 193
    • The Last 5 Year average price is £341,725 with Total Sold: 20
    • 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 , 181 BEACON ROAD: £38,000 (Sold on 29 Sep 1995)
  • Other
    • The average price is around £474,142 median price is £250,000 Standard Deviation is £1,077,185 with Total Sold: 44
    • The Last 5 Year average price is £561,023 with Total Sold: 22
    • 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£127,000 £2,682 22
2022£131,812 £3,027 32
2021£149,118 £3,105 25
2020£123,100 £2,568 15
2019£116,380 £2,781 17
2018£119,543 £2,553 23
2017£123,332 £2,714 19
2016£99,158 £2,485 33
2015£96,429 £2,209 28
2014£79,859 £1,899 22
2013£68,042 £1,725 6
2012£84,001 £1,848 14
2011£98,274 £2,203 20
2010£79,374 £2,017 8
2009£80,375 £1,512 6
2008£100,917 £2,145 12
2007£95,979 £2,158 39
2006£88,462 £2,272 53
2005£88,317 £2,010 22
2004£81,647 £2,081 45
2003£67,439 £1,709 33
2002£49,191 £1,188 43
2001£41,806 £1,063 30
2000£36,111 £917 33
1999£29,278 £715 26
1998£27,190 £580 17
1997£23,844 £461 16
1996£25,055 £590 8
1995£27,041 £679 12
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£248,23010
2023£279,176 £4,078 17
2022£258,731 £3,528 13
2021£234,629 £3,026 24
2020£230,667 £3,625 12
2019£207,000 £2,897 23
2018£229,325 £2,994 20
2017£221,289 £3,138 19
2016£210,432 £2,883 14
2015£181,119 £2,169 21
2014£140,196 £1,960 14
2013£137,111 £1,844 9
2012£121,708 £1,522 12
2011£134,900 £1,742 10
2010£121,278 £1,659 9
2009£133,636 £1,868 11
2008£151,779 £2,049 19
2007£151,033 £1,971 35
2006£135,643 £1,946 28
2005£132,116 £2,008 30
2004£127,795 £1,659 27
2003£109,289 £1,620 32
2002£90,873 £1,254 47
2001£72,960 £1,016 36
2000£66,485 £816 22
1999£53,825 £782 35
1998£52,968 £681 32
1997£46,798 £687 47
1996£43,391 £597 29
1995£45,318 £665 11
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£215,983 £3,277 18
2023£228,827 £3,120 65
2022£234,778 £3,343 54
2021£213,055 £2,719 87
2020£186,240 £2,401 50
2019£181,608 £2,549 60
2018£189,260 £2,513 75
2017£177,720 £2,379 93
2016£168,960 £2,477 83
2015£138,794 £1,929 90
2014£131,413 £1,735 72
2013£112,782 £1,536 74
2012£117,398 £1,535 54
2011£109,686 £1,494 57
2010£102,150 £1,492 40
2009£106,724 £1,376 39
2008£123,500 £1,676 55
2007£129,791 £1,871 138
2006£124,165 £1,696 98
2005£115,565 £1,686 107
2004£110,110 £1,490 110
2003£92,443 £1,265 128
2002£74,927 £1,036 121
2001£60,163 £872 112
2000£54,509 £729 121
1999£43,245 £583 99
1998£40,644 £544 95
1997£36,382 £478 80
1996£35,861 £437 54
1995£32,828 £445 61
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£300,000 £3,824 2
2023£307,500 £3,975 2
2022£432,000 £3,733 5
2021£344,250 £3,743 4
2020£361,250 £3,672 2
2019£272,000 £2,970 5
2018£299,182 £3,345 11
2017£289,250 £2,848 10
2016£261,062 £2,998 8
2015£203,055 £2,487 9
2014£186,250 £2,133 4
2013£221,562 £2,124 8
2012£210,592 £2,051 16
2011£173,898 £2,115 5
2010£195,667 £2,306 3
2009£143,333 £1,707 3
2008£194,667 £1,880 3
2007£176,444 £2,096 9
2006£172,167 £1,560 9
2005£234,499 £2,982 4
2004£183,999 £1,867 7
2003£216,000 £1,355 6
2002£125,498 £1,406 10
2001£136,929 £1,354 7
2000£108,714 £966 7
1999£78,916 £869 12
1998£91,499 £937 6
1997£93,499 £678 9
1996£48,000 £435 6
1995£38,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,533,840 £7,696 5
2022£205,833 £4,904 6
2021£290,250 £3,177 4
2020£580,0002
2019£223,459 £2,767 5
2018£835,333 £12,476 6
2017£186,889 £2,508 9
2016£273,649 £1,604 5
2015£375,0001
2013£82,500 £1,251 1

House Type in ME5 7TA area

The most common house types in the ME5 7TA postcode area are Flat (44), Terraced (42), and Semi-detached (28).

Total127
Flat44
Terraced42
Semi-detached28
Detached8
commercial building3
Shared house2
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (69), and Social rented: Rents from council or Local Authority (12).

Social rented: Other social rented69
Social rented: Rents from council or Local Authority12
Private rented: Private landlord or letting agency12
Owned: Owns outright11
Shared ownership: Shared ownership11
Owned: Owns with a mortgage or loan9
Private rented: Other private rented3
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the ME5 7TA have 1 person in household (59), and 2 people in household (28).

1 person in household59
2 people in household28
3 people in household16
4 people in household12
5 people in household5
6 people in household5
7 people in household2
8 or more people in household1
0 people in household0