Housing Market Analysis for PRINCES AVENUE, ME5 8AX

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

Overview of Sold House prices

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

Terraced
- The average price is around £150,146 median price is £140,000 Standard Deviation is £74,089 with Total Sold: 60
- The Last 5 Year average price is £241,393 with Total Sold: 14
- The most recent sale happened at this postcode is 169 PRINCES AVENUE: £265,000 (Sold on 23 Oct 2023)
- The first recorded sale happened at this postcode is 127 PRINCES AVENUE: £38,000 (Sold on 06 Jan 1995)
Detached
- The average price is around £185,900 median price is £210,000 Standard Deviation is £51,519 with Total Sold: 5
- The most recent sale happened at this postcode is 117 PRINCES AVENUE: £245,000 (Sold on 09 Dec 2016)
- The first recorded sale happened at this postcode is 121 PRINCES AVENUE: £115,000 (Sold on 07 May 1999)
Semi-Detached
- The average price is around £106,667 median price is £103,750 Standard Deviation is £48,166 with Total Sold: 6
- The most recent sale happened at this postcode is 131 PRINCES AVENUE: £163,500 (Sold on 04 Jan 2008)
- The first recorded sale happened at this postcode is 123 PRINCES AVENUE: £52,000 (Sold on 03 Oct 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 8AX 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
2023	£241,167	£3,670	6
2022	£257,000	£3,725	2
2021	£248,333	£3,471	3
2020	£224,500	£3,333	3
2018	£218,500	£2,803	2
2017	£226,767	£3,356	3
2016	£205,000	£2,625	4
2015	£162,000	£2,571	1
2013	£145,000	£2,302	1
2011	£137,000	£1,803	1
2010	£151,000	£1,983	2
2009	£135,000	£2,113	1
2008	£135,000	£2,177	1
2007	£151,375	£1,945	4
2005	£120,000	£1,447	2
2004	£22,000	£289	1
2003	£122,199	£1,755	5
2001	£83,872	£1,245	8
2000	£64,750	£972	2
1999	£59,663	£772	3
1998	£55,000		1
1997	£45,000		1
1996	£38,000	£500	1
1995	£40,000	£519	2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2016	£245,000	£2,402	1
2012	£210,000	£2,239	1
2006	£225,000	£2,399	1
2000	£134,500	£1,434	1
1999	£115,000	£1,226	1

House Type: Semi-Detached

Year	Avg. Price	Sold
2008	£163,500	1
2007	£148,500	2
2000	£72,500	1
1997	£53,500	2

All the Sales in the PRINCES AVENUE, ME5 8AX

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

Address	Sold Date	Price	% Change
169 PRINCES AVENUETerraced, FreeholdArea: 64 Sq.mtrAge: 1991-1995	23 Oct 2023	£265,000	0.0
	23 Oct 2023	£265,000	20.45%
	12 May 2017	£220,000	82.57%
	26 Sep 2003	£120,500	41.76%
	27 Oct 2000	£85,000	First Sale
129 PRINCES AVENUETerraced, FreeholdArea: 76 Sq.mtrAge: 1967-1975	21 Jul 2023	£170,000	-15.00%
	20 Dec 2023	£200,000	First Sale
157 PRINCES AVENUETerraced, FreeholdArea: 63 Sq.mtrAge: 1996-2002	30 Jun 2023	£267,000	64.81%
	18 Sep 2015	£162,000	11.72%
	16 Sep 2013	£145,000	54.26%
	29 Jun 2001	£93,995	First Sale
139 PRINCES AVENUETerraced, FreeholdArea: 77.9 Sq.mtrAge: 1967-1975	03 Mar 2023	£280,000	20.69%
	04 Jun 2018	£232,000	51.14%
	19 Mar 2007	£153,500	802.94%
	30 Nov 2001	£17,000	-73.84%
	15 Oct 1999	£64,995	First Sale
163 PRINCES AVENUETerraced, FreeholdArea: 62 Sq.mtrAge: 1996-2002	07 Mar 2022	£260,000	92.59%
	27 Oct 2008	£135,000	42.11%
	31 Aug 2001	£94,995	First Sale
135 PRINCES AVENUETerraced, FreeholdArea: 78 Sq.mtrAge: 1976-1982	31 Jan 2022	£254,000	98.44%
	28 Aug 2003	£128,000	204.76%
	20 Dec 1995	£42,000	First Sale
141 PRINCES AVENUETerraced, FreeholdArea: 76 Sq.mtrAge: 1967-1975	12 Nov 2021	£240,000	First Sale
127 PRINCES AVENUETerraced, FreeholdArea: 76 Sq.mtrAge: 1950-1966	22 Oct 2021	£260,000	12.90%
	24 Nov 2017	£230,300	68.10%
	05 Aug 2011	£137,000	522.73%
	11 Feb 2004	£22,000	-65.08%
	26 Oct 1999	£62,995	65.78%
	14 Jun 1996	£38,000	0.0
	06 Jan 1995	£38,000	First Sale
161 PRINCES AVENUETerraced, FreeholdArea: 63.88 Sq.mtrAge: 1996-2002	24 Jun 2021	£245,000	6.52%
	01 Sep 2017	£230,000	70.37%
	01 Dec 2009	£135,000	42.11%
	31 Aug 2001	£94,995	First Sale
133 PRINCES AVENUETerraced, FreeholdArea: 76 Sq.mtrAge: 1967-1975	10 Dec 2020	£235,000	11.90%
	21 Jul 2016	£210,000	52.17%
	11 May 2007	£138,000	25.45%
	16 Aug 2005	£110,000	First Sale
167 PRINCES AVENUETerraced, FreeholdArea: 64 Sq.mtrAge: 2003-2006	30 Oct 2020	£221,000	55.63%
	19 Nov 2010	£142,000	15.92%
	12 Sep 2003	£122,500	First Sale
159 PRINCES AVENUETerraced, FreeholdArea: 63 Sq.mtrAge: 1996-2002	05 Jun 2020	£217,500	128.96%
	29 Jun 2001	£94,995	First Sale
145 PRINCES AVENUETerraced, FreeholdArea: 78 Sq.mtrAge: 1967-1975	19 Dec 2018	£205,000	301.96%
	23 Apr 1999	£51,000	First Sale
117 PRINCES AVENUEDetached, FreeholdArea: 102 Sq.mtrAge: 1950-1966	09 Dec 2016	£245,000	First Sale
151 PRINCES AVENUETerraced, FreeholdArea: 75 Sq.mtrAge: 1967-1975	11 Jul 2016	£190,000	First Sale
165 PRINCES AVENUETerraced, FreeholdArea: 72.16 Sq.mtrAge: 1996-2002	30 Jun 2016	£210,000	371.91%
	07 Nov 2000	£44,500	First Sale
147 PRINCES AVENUETerraced, FreeholdArea: 91.56 Sq.mtrAge: 1967-1975	19 Feb 2016	£210,000	31.25%
	27 Sep 2010	£160,000	28.01%
	13 Mar 2003	£124,995	First Sale
121 PRINCES AVENUEDetached, FreeholdArea: 93.8 Sq.mtrAge: 1930-1949	24 Aug 2012	£210,000	-6.67%
	24 Nov 2006	£225,000	67.29%
	27 Oct 2000	£134,500	16.96%
	07 May 1999	£115,000	First Sale
131 PRINCES AVENUESemi-Detached, Freehold	04 Jan 2008	£163,500	First Sale
125 PRINCES AVENUETerraced, Freehold	15 Oct 2007	£163,000	20.74%
	01 Jun 2007	£135,000	145.45%
	30 Oct 1997	£55,000	First Sale
123 PRINCES AVENUESemi-Detached, Freehold	17 Aug 2007	£162,000	123.45%
	30 Jun 2000	£72,500	39.42%
	03 Oct 1997	£52,000	First Sale
143 PRINCES AVENUETerraced, Freehold	23 Mar 2007	£151,000	31.30%
	22 Aug 2003	£115,000	35.29%
	18 Dec 2001	£85,000	First Sale
171 PRINCES AVENUETerraced, Freehold	02 Dec 2005	£130,000	36.84%
171 PRINCES AVENUETerraced, Freehold	01 Feb 2001	£95,000	First Sale
155 PRINCES AVENUETerraced, Freehold	31 Aug 2001	£94,995	First Sale
149 PRINCES AVENUETerraced, Freehold	30 Nov 1998	£55,000	22.22%
149 PRINCES AVENUETerraced, Freehold	04 Jul 1997	£45,000	First Sale

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

PRINCES AVENUE, ME5 8AX Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £166,598 median price is £156,000 Standard Deviation is £92,917 with Total Sold: 1,261
- The Last 5 Year average price is £309,376 with Total Sold: 201
- 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 £144,029 median price is £137,500 Standard Deviation is £73,381 with Total Sold: 1,399
- The Last 5 Year average price is £256,443 with Total Sold: 204
- 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 £116,699 median price is £114,000 Standard Deviation is £58,214 with Total Sold: 157
- The Last 5 Year average price is £193,506 with Total Sold: 29
- The most recent sale happened at this postcode is , 9 BEECHING ROAD: £150,000 (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 £222,712 median price is £215,000 Standard Deviation is £108,246 with Total Sold: 712
- The Last 5 Year average price is £379,970 with Total Sold: 110
- 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 £158,128 median price is £105,000 Standard Deviation is £171,298 with Total Sold: 16
- The Last 5 Year average price is £284,143 with Total Sold: 7
- 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 GARAGE, 3 SAVAGE ROAD: £1,000 (Sold on 26 Aug 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£330,375	£4,072	16
2023	£325,867	£3,988	30
2022	£348,250	£3,958	38
2021	£308,510	£3,622	48
2020	£286,143	£3,496	35
2019	£266,632	£3,214	34
2018	£279,346	£3,374	39
2017	£266,485	£3,048	34
2016	£248,858	£2,902	31
2015	£223,456	£2,655	46
2014	£190,954	£2,401	20
2013	£180,089	£2,101	28
2012	£167,147	£1,818	17
2011	£164,750	£2,052	16
2010	£175,175	£2,082	20
2009	£163,000	£1,953	22
2008	£180,172	£2,095	26
2007	£178,124	£2,235	63
2006	£170,100	£2,010	58
2005	£161,472	£1,889	53
2004	£151,299	£1,901	55
2003	£148,498	£1,793	59
2002	£115,038	£1,460	64
2001	£103,205	£1,218	63
2000	£88,613	£1,019	52
1999	£73,546	£876	69
1998	£69,888	£808	57
1997	£58,938	£761	57
1996	£57,072	£638	66
1995	£54,415	£681	45

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£238,700	£2,363	10
2023	£282,909	£3,853	39
2022	£282,500	£3,935	37
2021	£254,386	£3,309	47
2020	£237,544	£3,100	34
2019	£227,265	£3,089	37
2018	£232,379	£3,117	35
2017	£233,568	£2,993	41
2016	£214,118	£2,821	51
2015	£191,761	£2,599	47
2014	£162,990	£2,285	50
2013	£141,443	£2,016	31
2012	£145,663	£1,896	41
2011	£146,452	£1,973	21
2010	£146,845	£1,877	30
2009	£140,784	£1,883	22
2008	£154,306	£2,173	31
2007	£153,555	£2,132	68
2006	£149,394	£1,958	82
2005	£139,259	£1,863	51
2004	£131,116	£1,844	73
2003	£119,791	£1,627	66
2002	£102,683	£1,437	63
2001	£80,124	£1,092	86
2000	£70,099	£968	62
1999	£57,988	£779	69
1998	£54,190	£755	51
1997	£50,228	£725	60
1996	£45,961	£605	27
1995	£45,262	£612	37

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£205,750	£4,032	4
2023	£205,250	£3,227	8
2022	£185,267	£2,877	10
2021	£189,667	£2,985	3
2020	£190,000	£3,220	1
2019	£178,333	£2,832	3
2018	£188,389	£2,853	9
2017	£177,438	£2,587	8
2016	£161,000	£2,545	5
2015	£117,833	£1,937	3
2014	£126,502	£2,111	5
2013	£115,800	£1,821	5
2012	£113,800	£1,909	5
2011	£112,000	£1,462	1
2010	£113,750	£1,849	2
2009	£101,000	£1,686	2
2008	£121,000	£1,971	5
2007	£117,625	£2,043	4
2006	£109,438	£1,828	8
2005	£112,499	£1,958	4
2004	£103,438	£1,695	8
2003	£89,314	£1,579	10
2002	£59,915	£1,078	6
2001	£52,953	£772	11
2000	£51,600	£925	5
1999	£41,417	£679	6
1998	£36,332	£627	6
1997	£32,916	£576	6
1995	£32,250	£538	4

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£418,750	£3,740	8
2023	£390,088	£4,261	17
2022	£410,567	£4,308	15
2021	£373,616	£3,620	28
2020	£352,417	£3,395	18
2019	£368,833	£3,328	24
2018	£367,559	£3,673	17
2017	£342,154	£3,233	13
2016	£313,439	£3,077	31
2015	£296,854	£2,693	24
2014	£247,886	£2,398	22
2013	£233,304	£2,215	23
2012	£214,389	£2,236	18
2011	£222,000	£2,274	17
2010	£236,225	£2,192	12
2009	£215,906	£2,163	16
2008	£245,875	£2,386	8
2007	£233,013	£2,326	39
2006	£229,758	£2,263	41
2005	£222,376	£2,096	29
2004	£213,379	£2,069	31
2003	£199,108	£2,044	18
2002	£167,526	£1,776	26
2001	£140,102	£1,394	39
2000	£123,314	£1,218	31
1999	£106,678	£1,001	40
1998	£97,500	£937	28
1997	£93,026	£875	27
1996	£87,168	£823	26
1995	£75,202	£847	26

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£100,000		1
2023	£288,000	£4,067	3
2022	£275,000	£3,618	1
2020	£655,000	£9,924	1
2019	£95,000		1
2017	£71,300	£1,061	5
2016	£46,138	£1,850	4

House Type in ME5 8AX area

The most common house types in the ME5 8AX 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 8AX 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