Housing Market Analysis for ME5 7TS

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    ME5 7TS Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £82,109 median price is £79,500 Standard Deviation is £45,981 with Total Sold: 729
      • The Last 5 Year average price is £129,948 with Total Sold: 117
      • 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 £123,013 median price is £115,000 Standard Deviation is £69,945 with Total Sold: 3,199
      • The Last 5 Year average price is £222,890 with Total Sold: 486
      • 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 £151,650 median price is £134,000 Standard Deviation is £93,856 with Total Sold: 601
      • The Last 5 Year average price is £280,130 with Total Sold: 85
      • 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 , 20 CLEAVE ROAD: £79,000 (Sold on 03 Mar 1995)
    • Detached
      • The average price is around £221,417 median price is £195,000 Standard Deviation is £175,788 with Total Sold: 173
      • The Last 5 Year average price is £406,444 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 £441,869 median price is £250,000 Standard Deviation is £945,186 with Total Sold: 53
      • The Last 5 Year average price is £525,742 with Total Sold: 26
      • 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£125,476 £2,693 21
    2022£132,438 £3,014 32
    2021£146,248 £3,145 24
    2020£119,192 £2,506 13
    2019£127,023 £2,748 20
    2018£120,295 £2,536 22
    2017£126,764 £2,553 22
    2016£105,749 £2,461 35
    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£97,404 £2,112 42
    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£28,759 £675 27
    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£228,034 £2,765 35
    2023£238,203 £3,048 75
    2022£254,647 £3,238 96
    2021£222,898 £2,622 121
    2020£190,875 £2,353 75
    2019£199,351 £2,467 84
    2018£202,964 £2,421 97
    2017£185,054 £2,344 103
    2016£177,240 £2,344 113
    2015£153,539 £1,877 127
    2014£143,302 £1,757 101
    2013£118,873 £1,465 79
    2012£118,101 £1,454 62
    2011£118,858 £1,460 61
    2010£113,565 £1,428 49
    2009£117,526 £1,459 47
    2008£126,142 £1,639 65
    2007£137,324 £1,781 173
    2006£133,510 £1,624 153
    2005£123,641 £1,621 132
    2004£117,661 £1,469 143
    2003£97,926 £1,259 155
    2002£81,112 £1,010 155
    2001£66,509 £851 145
    2000£58,066 £729 168
    1999£47,207 £576 162
    1998£44,260 £538 137
    1997£40,510 £483 114
    1996£39,342 £457 88
    1995£34,798 £424 84
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£245,2926
    2023£349,000 £3,023 8
    2022£343,473 £3,428 11
    2021£290,040 £2,702 27
    2020£260,111 £3,456 9
    2019£233,208 £2,695 24
    2018£224,852 £2,691 17
    2017£250,934 £2,994 17
    2016£232,703 £2,484 15
    2015£190,219 £2,074 16
    2014£187,500 £1,789 12
    2013£165,625 £1,504 12
    2012£152,157 £1,446 18
    2011£161,385 £1,738 13
    2010£148,462 £1,496 13
    2009£132,143 £1,799 14
    2008£171,425 £1,844 20
    2007£169,051 £1,897 30
    2006£170,848 £1,798 30
    2005£140,638 £1,660 25
    2004£134,877 £1,435 27
    2003£130,127 £1,455 30
    2002£102,822 £1,179 32
    2001£85,124 £970 29
    2000£91,974 £939 22
    1999£69,518 £713 24
    1998£67,826 £662 23
    1997£53,813 £606 35
    1996£52,321 £583 26
    1995£57,018 £575 16
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£300,000 £3,824 2
    2023£671,667 £3,975 3
    2022£488,750 £4,018 4
    2021£317,100 £3,101 5
    2020£361,250 £3,672 2
    2019£219,000 £2,343 2
    2018£388,000 £3,173 12
    2017£399,786 £2,964 7
    2016£256,299 £2,858 5
    2015£222,363 £2,590 11
    2014£186,250 £2,133 4
    2013£197,500 £2,108 7
    2012£223,465 £2,236 15
    2011£177,748 £2,183 4
    2010£236,400 £2,538 5
    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£283,833 £2,986 6
    2004£232,600 £2,317 5
    2003£221,625 £1,658 4
    2002£159,186 £1,343 8
    2001£123,438 £1,253 8
    2000£97,090 £834 6
    1999£77,812 £730 8
    1998£96,499 £937 4
    1997£96,937 £678 8
    1996£44,700 £345 5
    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£256,200 £3,177 5
    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 7TS area

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