Housing Market Analysis for ME5 7TR

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    ME5 7TR Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £82,203 median price is £79,500 Standard Deviation is £46,239 with Total Sold: 733
      • The Last 5 Year average price is £130,796 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)
    • Terraced
      • The average price is around £121,031 median price is £114,000 Standard Deviation is £69,209 with Total Sold: 3,424
      • The Last 5 Year average price is £221,014 with Total Sold: 509
      • The most recent sale happened at this postcode is , 130 ROCK AVENUE: £330,000 (Sold on 23 Aug 2024)
      • The first recorded sale happened at this postcode is , 7 MILTON ROAD: £43,000 (Sold on 06 Jan 1995)
    • Semi-Detached
      • The average price is around £143,206 median price is £126,500 Standard Deviation is £90,312 with Total Sold: 589
      • The Last 5 Year average price is £269,061 with Total Sold: 82
      • The most recent sale happened at this postcode is , 311 BEACON ROAD: £312,000 (Sold on 31 Jul 2024)
      • The first recorded sale happened at this postcode is , 1 OLIVER CLOSE: £28,000 (Sold on 16 Feb 1995)
    • Detached
      • The average price is around £204,595 median price is £185,000 Standard Deviation is £133,688 with Total Sold: 169
      • The Last 5 Year average price is £348,111 with Total Sold: 18
      • 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 , 49 MONTROSE AVENUE: £108,750 (Sold on 15 Sep 1995)
    • Other
      • The average price is around £477,334 median price is £250,000 Standard Deviation is £971,337 with Total Sold: 54
      • The Last 5 Year average price is £593,566 with Total Sold: 27
      • The most recent sale happened at this postcode is , AINSWORTH COURT 547-555, 555 CANTERBURY STREET: £6,000,000 (Sold on 20 Dec 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£127,500 £2,699 22
    2022£132,438 £3,014 32
    2021£149,998 £3,125 25
    2020£119,192 £2,506 13
    2019£124,235 £2,747 19
    2018£120,295 £2,536 22
    2017£126,764 £2,553 22
    2016£104,617 £2,427 36
    2015£94,392 £2,165 30
    2014£79,343 £1,852 23
    2013£68,042 £1,725 6
    2012£83,251 £1,765 16
    2011£94,903 £2,105 21
    2010£76,666 £1,937 9
    2009£80,375 £1,512 6
    2008£99,308 £2,095 13
    2007£96,732 £2,083 43
    2006£87,961 £2,272 52
    2005£89,124 £2,003 24
    2004£80,162 £1,979 50
    2003£67,184 £1,663 38
    2002£50,092 £1,149 51
    2001£39,918 £971 32
    2000£35,838 £877 34
    1999£28,928 £686 28
    1998£25,194 £504 18
    1997£23,412 £449 17
    1996£24,887 £566 9
    1995£26,433 £657 15
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£226,922 £2,873 36
    2023£240,728 £3,043 80
    2022£249,089 £3,216 96
    2021£221,211 £2,656 129
    2020£191,776 £2,381 80
    2019£196,341 £2,472 88
    2018£206,753 £2,445 109
    2017£184,624 £2,371 114
    2016£175,505 £2,334 122
    2015£150,634 £1,863 130
    2014£141,217 £1,734 106
    2013£119,110 £1,509 90
    2012£116,026 £1,463 65
    2011£115,751 £1,467 67
    2010£107,168 £1,418 52
    2009£111,565 £1,400 50
    2008£124,774 £1,659 72
    2007£134,705 £1,795 185
    2006£132,472 £1,623 162
    2005£120,880 £1,620 137
    2004£115,994 £1,466 155
    2003£95,248 £1,254 162
    2002£79,234 £1,020 158
    2001£66,004 £865 158
    2000£57,257 £729 179
    1999£46,356 £578 174
    1998£43,184 £550 151
    1997£40,094 £487 127
    1996£39,247 £457 100
    1995£34,066 £418 90
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£247,3937
    2023£340,222 £3,087 9
    2022£294,862 £3,221 13
    2021£282,743 £2,768 23
    2020£235,143 £3,764 7
    2019£229,870 £2,710 23
    2018£213,856 £2,779 14
    2017£243,888 £2,991 19
    2016£212,350 £2,410 13
    2015£183,821 £2,020 14
    2014£178,636 £1,789 11
    2013£166,062 £1,659 8
    2012£151,814 £1,470 17
    2011£154,077 £1,710 13
    2010£138,000 £1,509 11
    2009£124,231 £1,799 13
    2008£162,556 £1,829 18
    2007£164,366 £1,921 33
    2006£160,921 £1,810 26
    2005£140,638 £1,660 25
    2004£130,953 £1,447 28
    2003£122,406 £1,493 34
    2002£98,259 £1,214 35
    2001£81,296 £943 29
    2000£82,299 £809 25
    1999£62,454 £686 23
    1998£65,641 £631 24
    1997£49,241 £596 35
    1996£47,389 £593 24
    1995£47,183 £567 15
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£300,000 £3,824 2
    2023£307,500 £3,975 2
    2022£461,000 £3,802 5
    2021£317,100 £3,101 5
    2020£361,250 £3,672 2
    2019£219,000 £2,343 2
    2018£379,182 £3,173 11
    2017£283,083 £2,964 6
    2016£267,749 £2,845 6
    2015£222,363 £2,590 11
    2014£186,250 £2,133 4
    2013£197,500 £2,108 7
    2012£218,355 £2,234 14
    2011£177,748 £2,183 4
    2010£203,000 £2,415 4
    2009£159,500 £2,165 2
    2008£194,417 £2,329 6
    2007£173,286 £2,135 7
    2006£164,333 £1,731 6
    2005£251,600 £2,633 5
    2004£227,167 £2,158 6
    2003£221,625 £1,658 4
    2002£116,927 £1,472 7
    2001£123,438 £1,253 8
    2000£97,090 £834 6
    1999£73,500 £730 7
    1998£96,499 £937 4
    1997£96,937 £678 8
    1996£46,292 £345 6
    1995£73,3752
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£1,380,167 £7,696 6
    2022£205,833 £4,904 6
    2021£606,333 £7,574 6
    2020£580,0002
    2019£244,614 £3,113 7
    2018£647,950 £8,936 10
    2017£176,091 £2,508 11
    2016£214,562 £1,604 4
    2015£392,5001
    2013£82,500 £1,251 1

    House Type in ME5 7TR area

    The most common house types in the ME5 7TR postcode area are Terraced (93), Flat (46), and Semi-detached (24).

    Total193
    Terraced93
    Flat46
    Semi-detached24
    Detached18
    Shared house11
    converted building1
    commercial building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (63), and Private rented: Private landlord or letting agency (43).

    Owned: Owns with a mortgage or loan63
    Private rented: Private landlord or letting agency43
    Owned: Owns outright35
    Social rented: Other social rented34
    Shared ownership: Shared ownership10
    Private rented: Other private rented6
    Social rented: Rents from council or Local Authority2
    Does not apply0
    Lives rent free0

    Number of People in a Household

    The most houses in the ME5 7TR have 2 people in household (66), and 1 person in household (52).

    2 people in household66
    1 person in household52
    3 people in household39
    5 people in household16
    4 people in household14
    6 people in household3
    8 or more people in household2
    7 people in household1
    0 people in household0