Housing Market Analysis for PRINCES AVENUE, ME5 8AR

Are you looking to understand ME5 8AR 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 8AR area, explore the ME5 8AR Area information page.
For comprehensive crime statistics in the ME5 8AR area, explore the ME5 8AR Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME5 8AR postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £253,750 median price is £163,000 Standard Deviation is £184,976 with Total Sold: 10
- The Last 5 Year average price is £510,000 with Total Sold: 3
- The most recent sale happened at this postcode is 193 PRINCES AVENUE: £550,000 (Sold on 28 Oct 2022)
- The first recorded sale happened at this postcode is 189 PRINCES AVENUE: £60,000 (Sold on 19 Sep 1996)
Detached
- The average price is around £222,875 median price is £235,000 Standard Deviation is £72,819 with Total Sold: 8
- The most recent sale happened at this postcode is 177 PRINCES AVENUE: £276,500 (Sold on 04 Nov 2014)
- The first recorded sale happened at this postcode is 177 PRINCES AVENUE: £84,000 (Sold on 20 Nov 1998)
Other
- The average price is around £17,500 median price is £17,500 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 195 PRINCES AVENUE: £17,500 (Sold on 08 May 2017)
- The first recorded sale happened at this postcode is 195 PRINCES AVENUE: £17,500 (Sold on 08 May 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 8AR 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£450,000	£3,768	2
2021	£630,000	£6,632	1
2016	£240,000	£2,526	1
2009	£156,500	£1,956	1
2007	£161,000	£2,012	1
2006	£165,000	£2,230	1
2002	£112,500	£1,464	2
1996	£60,000	£314	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2014	£303,250	£2,221	2
2013	£220,000		1
2009	£189,500		1
2007	£275,000	£2,532	1
2006	£250,000		1
2002	£158,000	£2,469	1
1998	£84,000	£773	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£17,500	£98	1

All the Sales in the PRINCES AVENUE, ME5 8AR

See the table below for more details on the sold house prices in the ME5 8AR, Medway postcode.

Address	Sold Date	Price	% Change
193 PRINCES AVENUESemi-Detached, FreeholdArea: 174 Sq.mtrAge: 1950-1966	28 Oct 2022	£550,000	66.67%
	01 Aug 2014	£330,000	First Sale
179 PRINCES AVENUESemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1996-2002	08 Jun 2022	£350,000	123.64%
	01 May 2009	£156,500	-2.80%
	17 May 2007	£161,000	43.75%
	12 Apr 2002	£112,000	First Sale
189 PRINCES AVENUESemi-Detached, FreeholdArea: 95 Sq.mtrAge: 1967-1975	23 Jul 2021	£630,000	162.50%
	15 Dec 2016	£240,000	300.00%
	19 Sep 1996	£60,000	First Sale
177 PRINCES AVENUEDetached, FreeholdArea: 108.63 Sq.mtrAge: 1967-1975	04 Nov 2014	£276,500	0.55%
	19 Dec 2007	£275,000	227.38%
	20 Nov 1998	£84,000	First Sale
185 PRINCES AVENUEDetached, Freehold	28 Oct 2013	£220,000	16.09%
185 PRINCES AVENUEDetached, Freehold	18 Sep 2009	£189,500	First Sale
181 PRINCES AVENUESemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1991-1995	15 Dec 2006	£165,000	46.02%
	14 Feb 2002	£113,000	First Sale
191 PRINCES AVENUEDetached, Freehold	12 Jun 2006	£250,000	First Sale
175 PRINCES AVENUEDetached, FreeholdArea: 64 Sq.mtrAge: 1950-1966	02 May 2002	£158,000	First Sale
195 PRINCES AVENUEOther, FreeholdArea: 178 Sq.mtrAge: 2021	08 May 2017	£17,500	First Sale

Check out the sold house prices near the ME5 8AR postcode. Properties currently for saleProperties currently for rent

PRINCES AVENUE, ME5 8AR Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME5 8AR 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 8AR postcode.

Semi-Detached
- The average price is around £161,257 median price is £150,000 Standard Deviation is £90,621 with Total Sold: 1,378
- The Last 5 Year average price is £304,402 with Total Sold: 205
- The most recent sale happened at this postcode is , 9 EARL CLOSE: £330,000 (Sold on 18 Sep 2024)
- The first recorded sale happened at this postcode is , 531 LORDS WOOD LANE: £51,000 (Sold on 11 Jan 1995)
Terraced
- The average price is around £138,660 median price is £133,000 Standard Deviation is £72,361 with Total Sold: 1,822
- The Last 5 Year average price is £250,287 with Total Sold: 259
- The most recent sale happened at this postcode is , 22 BROMLEY CLOSE: £275,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 127 PRINCES AVENUE: £38,000 (Sold on 06 Jan 1995)
Flat
- The average price is around £106,272 median price is £101,000 Standard Deviation is £56,601 with Total Sold: 144
- The Last 5 Year average price is £168,360 with Total Sold: 25
- The most recent sale happened at this postcode is , 17 GOAD AVENUE: £208,000 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 1 SMITH ROAD: £38,000 (Sold on 12 May 1995)
Detached
- The average price is around £219,967 median price is £212,500 Standard Deviation is £107,487 with Total Sold: 768
- The Last 5 Year average price is £376,233 with Total Sold: 119
- The most recent sale happened at this postcode is , 380 LORDS WOOD LANE: £410,000 (Sold on 05 Aug 2024)
- The first recorded sale happened at this postcode is , 48 GATCOMBE CLOSE: £72,000 (Sold on 20 Jan 1995)
Other
- The average price is around £218,495 median price is £218,500 Standard Deviation is £195,834 with Total Sold: 10
- The Last 5 Year average price is £329,000 with Total Sold: 6
- The most recent sale happened at this postcode is , 7I SMITH ROAD: £100,000 (Sold on 05 Feb 2024)
- The first recorded sale happened at this postcode is , 368 LORDS WOOD LANE: £183,000 (Sold on 23 Sep 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£324,767	£4,859	15
2023	£318,037	£3,969	27
2022	£336,560	£4,277	42
2021	£310,130	£3,647	50
2020	£281,028	£3,515	36
2019	£262,429	£3,470	35
2018	£273,744	£3,510	41
2017	£267,517	£3,193	30
2016	£247,038	£3,060	42
2015	£226,216	£2,702	44
2014	£186,434	£2,561	29
2013	£170,600	£2,338	35
2012	£162,647	£1,951	17
2011	£162,531	£2,218	16
2010	£173,727	£2,181	22
2009	£160,391	£1,912	23
2008	£173,083	£2,091	24
2007	£176,066	£2,407	69
2006	£171,271	£2,100	71
2005	£158,568	£2,108	52
2004	£150,467	£1,967	61
2003	£144,030	£1,883	63
2002	£110,870	£1,515	72
2001	£100,602	£1,258	73
2000	£84,649	£1,051	69
1999	£73,109	£907	73
1998	£65,514	£853	63
1997	£58,791	£776	66
1996	£56,231	£655	68
1995	£53,620	£722	50

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£246,267	£3,374	15
2023	£282,840	£3,870	44
2022	£275,439	£3,962	49
2021	£244,455	£3,405	63
2020	£225,581	£3,191	43
2019	£224,184	£3,174	45
2018	£226,835	£3,268	47
2017	£226,615	£3,077	55
2016	£206,324	£2,964	71
2015	£182,384	£2,673	58
2014	£158,442	£2,317	65
2013	£138,827	£2,018	42
2012	£143,192	£1,947	48
2011	£137,500	£2,003	26
2010	£141,931	£1,937	36
2009	£135,670	£1,999	28
2008	£151,219	£2,141	41
2007	£147,927	£2,249	90
2006	£145,447	£2,014	98
2005	£135,294	£1,913	65
2004	£127,037	£1,907	93
2003	£116,006	£1,700	92
2002	£98,740	£1,447	87
2001	£77,870	£1,114	103
2000	£67,127	£995	87
1999	£56,034	£822	93
1998	£51,636	£758	73
1997	£47,791	£737	78
1996	£43,012	£637	38
1995	£43,545	£644	49

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£208,000		1
2023	£188,000	£3,291	5
2022	£168,722	£2,893	9
2021	£168,625	£2,985	4
2020	£147,667	£3,365	3
2019	£141,667	£2,820	3
2018	£188,188	£2,824	8
2017	£187,438	£2,747	8
2016	£136,667	£2,666	3
2015	£100,500	£1,853	3
2014	£111,667	£2,235	3
2013	£111,500	£1,814	2
2012	£112,250	£1,934	4
2011	£112,000	£1,462	1
2010	£113,750	£1,849	2
2009	£103,000	£1,825	2
2008	£115,333	£1,971	6
2007	£106,300	£1,890	5
2006	£91,416	£1,485	6
2005	£91,000	£1,855	4
2004	£104,562	£1,741	8
2003	£81,636	£1,602	12
2002	£58,856	£1,209	7
2001	£48,610	£833	12
2000	£56,250	£1,183	4
1999	£33,719	£705	8
1998	£37,249	£632	4
1997	£34,249	£586	4
1995	£32,333	£547	3

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£415,364	£3,740	11
2023	£390,088	£4,261	17
2022	£418,147	£4,297	17
2021	£361,298	£3,488	26
2020	£349,591	£3,442	22
2019	£360,692	£3,264	26
2018	£361,763	£3,573	19
2017	£352,529	£3,231	17
2016	£313,003	£3,146	35
2015	£279,680	£2,693	25
2014	£240,646	£2,282	24
2013	£229,200	£2,191	20
2012	£214,026	£2,164	19
2011	£203,812	£2,253	16
2010	£240,557	£2,183	13
2009	£215,300	£1,941	15
2008	£218,267	£2,019	12
2007	£233,487	£2,362	38
2006	£232,235	£2,184	43
2005	£214,555	£1,990	31
2004	£208,916	£2,026	33
2003	£202,383	£1,998	22
2002	£169,386	£1,884	29
2001	£140,569	£1,356	43
2000	£124,919	£1,207	34
1999	£103,301	£1,014	42
1998	£91,882	£953	34
1997	£90,861	£877	31
1996	£85,110	£810	26
1995	£76,205	£833	28

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£100,000		1
2023	£264,500	£3,667	2
2022	£345,000	£4,539	2
2020	£655,000	£9,924	1
2017	£13,750	£101	2
2016	£91,725	£2,775	2

House Type in ME5 8AR area

The most common house types in the ME5 8AR postcode area are Detached (64), Terraced (57), and Semi-detached (35).

Total	166
Detached	64
Terraced	57
Semi-detached	35
Flat	9
Shared house	1
converted building	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 (95), and Owned: Owns outright (47).

Owned: Owns with a mortgage or loan	95
Owned: Owns outright	47
Private rented: Private landlord or letting agency	19
Private rented: Other private rented	4
Shared ownership: Shared ownership	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the ME5 8AR have 2 people in household (53), and 3 people in household (36).

2 people in household	53
3 people in household	36
1 person in household	29
4 people in household	28
5 people in household	15
6 people in household	5
0 people in household	0
7 people in household	0
8 or more people in household	0