Housing Market Analysis for PRINCES AVENUE, ME5 8AY

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

Overview of Sold House prices

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

Detached
- The average price is around £241,644 median price is £239,500 Standard Deviation is £104,059 with Total Sold: 40
- The Last 5 Year average price is £357,955 with Total Sold: 11
- The most recent sale happened at this postcode is 89 PRINCES AVENUE: £325,000 (Sold on 22 Jul 2022)
- The first recorded sale happened at this postcode is 67 PRINCES AVENUE: £72,000 (Sold on 24 Jun 1997)
Terraced
- The average price is around £152,250 median price is £138,000 Standard Deviation is £101,797 with Total Sold: 14
- The Last 5 Year average price is £270,800 with Total Sold: 5
- The most recent sale happened at this postcode is 57 PRINCES AVENUE: £260,000 (Sold on 21 Jul 2023)
- The first recorded sale happened at this postcode is 51 PRINCES AVENUE: £43,000 (Sold on 29 Sep 1995)
Semi-Detached
- The average price is around £136,250 median price is £140,000 Standard Deviation is £65,515 with Total Sold: 4
- The most recent sale happened at this postcode is 97 PRINCES AVENUE: £220,000 (Sold on 20 Dec 2012)
- The first recorded sale happened at this postcode is 99 PRINCES AVENUE: £45,000 (Sold on 23 Aug 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 8AY 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: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£372,500	£4,366	2
2023	£337,500	£3,516	2
2021	£426,000	£3,358	2
2020	£304,500	£3,461	3
2019	£376,000	£2,654	2
2018	£349,000	£3,035	1
2016	£247,500	£3,750	1
2015	£280,750	£2,368	4
2014	£218,800	£2,327	5
2012	£233,250	£2,261	2
2008	£222,000	£1,850	1
2007	£241,250	£2,538	2
2006	£247,750	£1,863	1
2004	£208,000	£2,234	2
2001	£119,000	£1,329	2
2000	£118,500	£1,006	2
1999	£136,500	£893	2
1998	£72,500	£678	2
1997	£93,500		2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£260,000	£3,133	1
2022	£315,000	£3,727	2
2020	£237,000	£2,788	1
2019	£227,000	£2,241	1
2015	£200,000	£1,974	1
2006	£142,000		1
2004	£134,000	£1,576	1
2001	£69,750	£821	2
2000	£16,000	£188	1
1999	£58,000	£652	1
1998	£45,000		1
1995	£43,000	£424	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2012	£220,000	£2,593	1
2004	£170,000	£2,011	1
2002	£110,000		1
1996	£45,000		1

All the Sales in the PRINCES AVENUE, ME5 8AY

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

Address	Sold Date	Price	% Change
89 PRINCES AVENUEDetached, FreeholdArea: 81 Sq.mtrAge: 1950-1966	22 Jul 2022	£325,000	First Sale
101 PRINCES AVENUEDetached, FreeholdArea: 96 Sq.mtrAge: 1950-1966	13 Oct 2023	£337,500	0.0
	13 Oct 2023	£337,500	244.39%
	03 Aug 2001	£98,000	78.18%
	22 May 1998	£55,000	First Sale
57 PRINCES AVENUETerraced, FreeholdArea: 83 Sq.mtrAge: 1983-1990	21 Jul 2023	£260,000	First Sale
71 PRINCES AVENUEDetached, FreeholdArea: 89 Sq.mtrAge: 1967-1975	19 Dec 2022	£420,000	37.25%
	17 Feb 2020	£306,000	First Sale
55 PRINCES AVENUETerraced, FreeholdArea: 85 Sq.mtrAge: 1950-1966	14 Feb 2022	£330,000	340.00%
	08 Jun 2001	£75,000	First Sale
47 PRINCES AVENUETerraced, FreeholdArea: 84 Sq.mtrAge: 1967-1975	14 Jan 2022	£300,000	First Sale
83 PRINCES AVENUEDetached, FreeholdArea: 132 Sq.mtrAge: 1983-1990	06 Aug 2021	£450,000	52.54%
	27 Apr 2007	£295,000	First Sale
85 PRINCES AVENUEDetached, FreeholdArea: 121.57 Sq.mtrAge: 1983-1990	15 Mar 2021	£402,000	46.18%
	01 Apr 2015	£275,000	2.23%
	29 Nov 2012	£269,000	First Sale
45 PRINCES AVENUETerraced, FreeholdArea: 85 Sq.mtrAge: 1950-1966	15 Dec 2020	£237,000	1381.25%
	21 Feb 2000	£16,000	First Sale
93 PRINCES AVENUEDetached, FreeholdArea: 66 Sq.mtrAge: 1950-1966	27 Nov 2020	£257,500	4.04%
	03 Aug 2016	£247,500	26.92%
	07 Feb 2014	£195,000	4.00%
	09 Feb 2007	£187,500	First Sale
113 PRINCES AVENUEDetached, FreeholdArea: 115 Sq.mtrAge: 1967-1975	30 Jun 2020	£350,000	0.29%
	12 Oct 2018	£349,000	31.20%
	30 Nov 2015	£266,000	10.37%
	19 Nov 2014	£241,000	136.27%
	09 Mar 2000	£102,000	13.33%
	29 Jan 1998	£90,000	First Sale
111 PRINCES AVENUEDetached, FreeholdArea: 100 Sq.mtrAge: 1967-1975	25 Jul 2019	£305,000	52.50%
	16 Jun 2014	£200,000	108.33%
	22 Mar 1999	£96,000	First Sale
51 PRINCES AVENUETerraced, FreeholdArea: 101.3 Sq.mtrAge: 1950-1966	18 Jul 2019	£227,000	13.50%
	04 Sep 2015	£200,000	365.12%
	29 Sep 1995	£43,000	First Sale
67A PRINCES AVENUEDetached, FreeholdArea: 198 Sq.mtrAge: 1996-2002	24 May 2019	£447,000	First Sale
107 PRINCES AVENUEDetached, FreeholdArea: 214.15 Sq.mtrAge: 1930-1949	14 Sep 2015	£392,000	121.47%
	08 Dec 1999	£177,000	First Sale
91 PRINCES AVENUEDetached, FreeholdArea: 62 Sq.mtrAge: 1950-1966	31 Jul 2015	£190,000	First Sale
95 PRINCES AVENUEDetached, FreeholdArea: 120 Sq.mtrAge: 1950-1966	24 Sep 2014	£238,000	7.21%
	09 May 2008	£222,000	64.44%
	06 Jul 2000	£135,000	First Sale
81 PRINCES AVENUEDetached, FreeholdArea: 84.53 Sq.mtrAge: 1976-1982	23 Jun 2014	£220,000	29.41%
	30 Jan 2004	£170,000	First Sale
97 PRINCES AVENUESemi-Detached, FreeholdArea: 84.84 Sq.mtrAge: 1967-1975	20 Dec 2012	£220,000	-11.20%
	14 Jul 2006	£247,750	First Sale
69 PRINCES AVENUEDetached, FreeholdArea: 85.49 Sq.mtrAge: 1930-1949	25 May 2012	£197,500	3.40%
	10 Feb 2004	£191,000	36.43%
	07 Nov 2001	£140,000	First Sale
53 PRINCES AVENUETerraced, Freehold	29 Sep 2006	£142,000	215.56%
53 PRINCES AVENUETerraced, Freehold	06 Mar 1998	£45,000	First Sale
97A PRINCES AVENUEDetached, Freehold	17 Sep 2004	£225,000	First Sale
61 PRINCES AVENUETerraced, FreeholdArea: 85 Sq.mtrAge: 1967-1975	12 Aug 2004	£134,000	107.75%
	26 Jan 2001	£64,500	First Sale
99 PRINCES AVENUESemi-Detached, Freehold	15 Mar 2002	£110,000	144.44%
99 PRINCES AVENUESemi-Detached, Freehold	23 Aug 1996	£45,000	First Sale
59 PRINCES AVENUETerraced, FreeholdArea: 89 Sq.mtrAge: 1967-1975	18 Aug 1999	£58,000	First Sale
105 PRINCES AVENUEDetached, Freehold	18 Jul 1997	£115,000	First Sale
67 PRINCES AVENUEDetached, Freehold	24 Jun 1997	£72,000	First Sale

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

PRINCES AVENUE, ME5 8AY Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £176,265 median price is £163,000 Standard Deviation is £98,306 with Total Sold: 1,236
- The Last 5 Year average price is £324,995 with Total Sold: 210
- 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 , 13 PRINCES AVENUE: £40,732 (Sold on 18 Jan 1995)
Detached
- The average price is around £242,102 median price is £225,500 Standard Deviation is £120,200 with Total Sold: 496
- The Last 5 Year average price is £400,425 with Total Sold: 97
- The most recent sale happened at this postcode is , 56A DARGETS ROAD: £424,500 (Sold on 11 Sep 2024)
- The first recorded sale happened at this postcode is , 48 GATCOMBE CLOSE: £72,000 (Sold on 20 Jan 1995)
Terraced
- The average price is around £151,408 median price is £142,000 Standard Deviation is £79,051 with Total Sold: 941
- The Last 5 Year average price is £262,604 with Total Sold: 155
- The most recent sale happened at this postcode is , 41 BROADLANDS DRIVE: £267,000 (Sold on 29 Aug 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 £105,186 median price is £100,000 Standard Deviation is £56,465 with Total Sold: 249
- The Last 5 Year average price is £188,517 with Total Sold: 39
- 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 FLAT 4, SILVER BIRCHES BIRCHFIELDS: £26,000 (Sold on 17 Feb 1995)
Other
- The average price is around £158,508 median price is £100,000 Standard Deviation is £172,117 with Total Sold: 19
- The Last 5 Year average price is £262,667 with Total Sold: 9
- 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	£341,062	£3,940	16
2023	£336,271	£4,049	35
2022	£365,962	£3,942	40
2021	£332,677	£3,589	48
2020	£295,824	£3,562	37
2019	£278,529	£3,239	34
2018	£286,391	£3,327	32
2017	£281,085	£2,973	41
2016	£257,715	£2,832	33
2015	£227,319	£2,635	36
2014	£198,840	£2,344	25
2013	£184,788	£2,091	26
2012	£169,220	£1,848	25
2011	£173,000	£2,069	21
2010	£186,182	£2,128	22
2009	£167,818	£1,959	22
2008	£170,412	£2,087	23
2007	£179,286	£2,221	66
2006	£170,285	£1,992	54
2005	£168,490	£1,850	50
2004	£159,379	£1,888	54
2003	£157,849	£1,722	57
2002	£122,710	£1,409	65
2001	£104,398	£1,175	60
2000	£89,668	£1,015	50
1999	£72,598	£848	58
1998	£70,446	£790	48
1997	£62,280	£747	57
1996	£60,421	£635	57
1995	£57,368	£671	44

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£445,000	£3,740	8
2023	£382,950	£4,246	10
2022	£423,955	£4,162	11
2021	£437,740	£3,684	26
2020	£360,364	£3,381	22
2019	£373,950	£3,553	20
2018	£359,100	£3,520	10
2017	£345,556	£3,086	9
2016	£320,906	£3,046	16
2015	£306,875	£2,540	12
2014	£256,158	£2,429	19
2013	£242,344	£2,334	16
2012	£244,921	£2,384	19
2011	£244,000	£2,266	14
2010	£258,242	£2,205	6
2009	£216,318	£2,362	11
2008	£250,667	£2,363	6
2007	£236,962	£2,329	26
2006	£233,064	£2,177	25
2005	£229,104	£2,030	23
2004	£219,340	£2,052	22
2003	£224,950	£1,732	10
2002	£180,364	£1,796	24
2001	£151,277	£1,378	27
2000	£120,236	£1,106	18
1999	£120,574	£907	19
1998	£105,206	£861	17
1997	£89,155	£884	19
1996	£100,431	£800	17
1995	£77,589	£750	14

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£255,250		8
2023	£277,478	£3,713	24
2022	£283,034	£3,979	29
2021	£274,724	£3,393	43
2020	£237,609	£2,911	23
2019	£232,714	£2,969	28
2018	£242,170	£3,117	28
2017	£233,171	£2,903	28
2016	£217,200	£2,801	30
2015	£195,758	£2,600	37
2014	£168,281	£2,239	39
2013	£139,754	£1,967	24
2012	£146,725	£1,906	20
2011	£152,531	£1,879	16
2010	£152,992	£1,947	19
2009	£145,321	£1,989	14
2008	£155,882	£2,198	17
2007	£155,780	£2,120	53
2006	£158,902	£1,991	53
2005	£140,721	£1,795	37
2004	£130,946	£1,811	47
2003	£117,676	£1,553	34
2002	£100,375	£1,358	41
2001	£81,443	£1,127	54
2000	£70,200	£962	47
1999	£61,173	£714	43
1998	£54,648	£735	30
1997	£51,268	£743	29
1996	£53,593	£665	16
1995	£45,067	£627	30

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£206,750	£4,032	6
2023	£200,700	£3,131	10
2022	£177,970	£2,728	11
2021	£175,250	£3,239	4
2020	£182,200	£3,124	5
2019	£178,333	£2,832	3
2018	£167,188	£2,504	12
2017	£161,271	£2,432	12
2016	£141,210	£2,389	7
2015	£108,150	£1,864	10
2014	£110,626	£1,865	6
2013	£105,571	£1,732	7
2012	£100,000	£1,551	7
2011	£91,000	£1,526	2
2010	£106,000	£1,831	4
2009	£90,500	£2,062	4
2008	£94,306	£1,726	9
2007	£96,643	£1,750	14
2006	£101,643	£2,079	14
2005	£105,899	£1,858	10
2004	£99,636	£1,849	11
2003	£84,455	£1,304	11
2002	£61,953	£1,277	11
2001	£49,587	£985	17
2000	£43,158	£1,036	11
1999	£40,356	£634	7
1998	£36,571	£627	7
1997	£28,444	£554	9
1996	£31,500		1
1995	£31,857	£537	7

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£100,000		1
2023	£218,500	£4,067	4
2022	£320,000	£4,706	2
2020	£655,000	£9,924	1
2019	£95,000		1
2017	£92,300	£1,061	7
2016	£517	£3	3

House Type in ME5 8AY area

The most common house types in the ME5 8AY postcode area are Detached (51), Semi-detached (48), and Terraced (20).

Total	120
Detached	51
Semi-detached	48
Terraced	20
Flat	1
Shared house	0
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 (63), and Owned: Owns outright (47).

Owned: Owns with a mortgage or loan	63
Owned: Owns outright	47
Private rented: Private landlord or letting agency	6
Private rented: Other private rented	2
Shared ownership: Shared ownership	1
Social rented: Other social rented	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the ME5 8AY have 2 people in household (36), and 1 person in household (24).

2 people in household	36
1 person in household	24
3 people in household	24
4 people in household	20
5 people in household	13
6 people in household	3
0 people in household	0
7 people in household	0
8 or more people in household	0