Housing Market Analysis for SULTAN ROAD, ME5 8BB

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £95,857 median price is £110,500 Standard Deviation is £43,202 with Total Sold: 14
    • The Last 5 Year average price is £148,333 with Total Sold: 3
    • The most recent sale happened at this postcode is 2, SULTAN MEWS SULTAN ROAD: £120,000 (Sold on 01 Feb 2022)
    • The first recorded sale happened at this postcode is 4A, SULTAN MEWS SULTAN ROAD: £27,000 (Sold on 27 Mar 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 8BB 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£120,000 £2,927 1
2020£190,000 £3,455 1
2019£135,000 £3,140 1
2015£107,500 £2,420 1
2012£120,000 £2,127 1
2007£116,500 £2,698 2
2006£113,500 £2,012 1
2003£86,000 £1,936 1
2002£66,748 £1,548 2
2000£44,500 £1,060 1
1998£32,000 £582 1
1997£27,000 £628 1

All the Sales in the SULTAN ROAD, ME5 8BB

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

AddressSold DatePrice% Change
2, SULTAN MEWS SULTAN ROADFlat, LeaseholdArea: 41 Sq.mtrAge: 1996-200201 Feb 2022£120,000First Sale
2A, SULTAN MEWS SULTAN ROADFlat, LeaseholdArea: 55 Sq.mtrAge: 1983-199017 Jul 2020£190,000493.75%
24 Dec 1998£32,000First Sale
4A, SULTAN MEWS SULTAN ROADFlat, LeaseholdArea: 43 Sq.mtrAge: 1976-198225 Mar 2019£135,000400.00%
27 Mar 1997£27,000First Sale
4, SULTAN MEWS SULTAN ROADFlat, LeaseholdArea: 44.42 Sq.mtr16 Nov 2015£107,500-7.73%
03 Aug 2007£116,50035.47%
20 Nov 2003£86,00035.43%
01 Mar 2002£63,500First Sale
6 SULTAN MEWSFlat, LeaseholdArea: 56.42 Sq.mtrAge: 1983-199029 Jun 2012£120,0005.73%
03 Mar 2006£113,500First Sale
6A, SULTAN MEWS SULTAN ROADFlat, LeaseholdArea: 42 Sq.mtrAge: 1983-199018 Jun 2007£116,50066.44%
16 Dec 2002£69,99557.29%
30 Jun 2000£44,500First Sale

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

SULTAN ROAD, ME5 8BB Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £142,277 median price is £135,000 Standard Deviation is £73,812 with Total Sold: 1,870
    • The Last 5 Year average price is £257,029 with Total Sold: 272
    • The most recent sale happened at this postcode is , 128 BALLENS ROAD: £260,000 (Sold on 05 Aug 2024)
    • The first recorded sale happened at this postcode is , 25 WAVERLEY CLOSE: £43,500 (Sold on 03 Feb 1995)
  • Semi-Detached
    • The average price is around £143,351 median price is £132,000 Standard Deviation is £83,672 with Total Sold: 837
    • The Last 5 Year average price is £278,416 with Total Sold: 97
    • The most recent sale happened at this postcode is , 4 TRELAWN CRESCENT: £390,000 (Sold on 16 Jul 2024)
    • The first recorded sale happened at this postcode is , 2 HUNTERSFIELD CLOSE: £70,500 (Sold on 16 Jan 1995)
  • Detached
    • The average price is around £268,723 median price is £247,000 Standard Deviation is £135,833 with Total Sold: 291
    • The Last 5 Year average price is £460,250 with Total Sold: 34
    • The most recent sale happened at this postcode is , 106 BALLENS ROAD: £390,000 (Sold on 08 Jul 2024)
    • The first recorded sale happened at this postcode is , 20 CATTERICK ROAD: £105,000 (Sold on 12 Jan 1995)
  • Flat
    • The average price is around £82,606 median price is £76,650 Standard Deviation is £41,988 with Total Sold: 252
    • The Last 5 Year average price is £121,261 with Total Sold: 38
    • The most recent sale happened at this postcode is , 3 SULTAN ROAD: £78,000 (Sold on 25 Jun 2024)
    • The first recorded sale happened at this postcode is , 45 SULTAN ROAD: £21,900 (Sold on 07 Apr 1995)
  • Other
    • The average price is around £638,165 median price is £135,000 Standard Deviation is £1,305,214 with Total Sold: 15
    • The Last 5 Year average price is £356,964 with Total Sold: 11
    • The most recent sale happened at this postcode is , THE KESTREL KESTREL ROAD: £1,010,000 (Sold on 02 Nov 2022)
    • The first recorded sale happened at this postcode is , 7 KESTREL ROAD: £75,000 (Sold on 21 Sep 2016)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£277,786 £4,414 14
2023£272,628 £3,815 46
2022£286,827 £3,858 52
2021£249,277 £3,676 56
2020£232,707 £3,298 51
2019£240,366 £3,310 53
2018£232,839 £3,428 60
2017£227,441 £3,095 60
2016£208,390 £2,878 59
2015£183,883 £2,653 69
2014£169,348 £2,347 63
2013£147,972 £2,029 45
2012£137,193 £2,006 44
2011£145,530 £2,014 50
2010£141,354 £2,001 38
2009£133,388 £1,802 38
2008£149,288 £2,142 33
2007£154,848 £2,234 80
2006£143,788 £2,005 79
2005£134,713 £2,003 52
2004£133,718 £1,935 97
2003£121,462 £1,734 96
2002£96,967 £1,456 86
2001£79,532 £1,097 121
2000£69,938 £1,013 103
1999£60,738 £874 92
1998£53,200 £759 61
1997£50,374 £715 73
1996£45,159 £667 46
1995£45,317 £633 53
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£340,0002
2023£283,600 £4,603 5
2022£302,440 £4,216 25
2021£275,886 £3,915 22
2020£275,515 £3,286 13
2019£256,539 £3,311 30
2018£263,364 £3,454 22
2017£247,512 £3,237 24
2016£264,882 £3,215 17
2015£208,667 £2,895 15
2014£203,833 £2,423 12
2013£179,278 £2,505 9
2012£159,071 £2,028 14
2011£155,788 £2,044 16
2010£158,750 £2,090 20
2009£152,590 £2,186 11
2008£149,647 £2,294 19
2007£185,512 £2,366 40
2006£151,611 £2,163 48
2005£162,446 £2,005 28
2004£142,260 £2,054 49
2003£119,029 £1,656 42
2002£114,040 £1,580 54
2001£90,690 £1,168 38
2000£83,201 £1,108 42
1999£64,646 £906 47
1998£67,289 £851 49
1997£54,094 £713 58
1996£51,268 £691 41
1995£49,820 £654 25
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£373,750 £3,101 4
2023£460,750 £4,607 6
2022£435,600 £3,806 5
2021£490,778 £3,512 9
2020£479,143 £3,460 7
2019£480,000 £3,354 3
2018£466,500 £3,309 4
2017£352,412 £3,238 17
2016£368,107 £2,974 14
2015£386,059 £2,776 17
2014£350,500 £2,172 9
2013£308,571 £2,275 14
2012£266,818 £2,304 11
2011£257,500 £2,383 6
2010£343,333 £1,458 3
2009£188,833 £2,568 3
2008£249,9951
2007£289,583 £2,291 12
2006£247,961 £2,079 16
2005£283,000 £1,576 9
2004£237,166 £1,917 9
2003£213,286 £1,582 7
2002£194,367 £1,467 17
2001£155,194 £1,247 18
2000£171,987 £1,228 19
1999£148,050 £965 10
1998£128,000 £888 14
1997£111,436 £844 14
1996£117,750 £785 4
1995£98,833 £724 9
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£106,325 £2,404 6
2023£135,500 £2,436 4
2022£123,768 £2,581 9
2021£138,542 £2,873 6
2020£121,500 £2,372 6
2019£107,686 £2,179 7
2018£125,791 £2,687 11
2017£116,427 £2,455 11
2016£137,700 £2,463 5
2015£105,575 £2,187 8
2014£95,025 £1,859 15
2013£82,393 £1,538 7
2012£75,833 £1,499 6
2011£81,136 £1,466 7
2010£63,000 £1,417 1
2009£77,000 £1,484 5
2008£102,499 £1,705 6
2007£96,908 £1,930 12
2006£98,900 £1,712 10
2005£85,299 £1,723 10
2004£76,249 £1,519 12
2003£76,998 £1,631 12
2002£64,730 £1,264 13
2001£50,013 £949 13
2000£38,746 £823 14
1999£32,592 £617 15
1998£32,010 £596 5
1997£27,600 £513 5
1996£24,483 £499 6
1995£22,295 £463 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£1,242,500 £34,382 2
2021£180,160 £2,836 5
2020£450,0001
2019£30,267 £37 3
2018£2,641,9402
2016£181,0002

House Type in ME5 8BB area

The most common house types in the ME5 8BB postcode area are Flat (57), Terraced (34), and Semi-detached (20).

Total118
Flat57
Terraced34
Semi-detached20
commercial building5
Detached1
Shared house1
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (41), and Private rented: Private landlord or letting agency (25).

Owned: Owns outright41
Private rented: Private landlord or letting agency25
Owned: Owns with a mortgage or loan20
Shared ownership: Shared ownership18
Social rented: Other social rented9
Private rented: Other private rented5
Lives rent free1
Does not apply0
Social rented: Rents from council or Local Authority0

Number of People in a Household

The most houses in the ME5 8BB have 1 person in household (58), and 2 people in household (24).

1 person in household58
2 people in household24
3 people in household23
4 people in household7
5 people in household5
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0