Housing Market Analysis for HORNBEAM AVENUE, ME5 8DB

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

Overview of Sold House prices

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

Flat
- The average price is around £124,577 median price is £123,000 Standard Deviation is £56,617 with Total Sold: 13
- The Last 5 Year average price is £166,500 with Total Sold: 6
- The most recent sale happened at this postcode is 2 HORNBEAM AVENUE: £95,000 (Sold on 21 Aug 2024)
- The first recorded sale happened at this postcode is 5 HORNBEAM AVENUE: £35,000 (Sold on 29 May 1998)
Semi-Detached
- The average price is around £144,222 median price is £145,000 Standard Deviation is £76,791 with Total Sold: 9
- The most recent sale happened at this postcode is 15 HORNBEAM AVENUE: £280,000 (Sold on 30 Jun 2017)
- The first recorded sale happened at this postcode is 1 HORNBEAM AVENUE: £75,000 (Sold on 28 Jun 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 8DB 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£95,000		1
2023	£214,000	£3,690	1
2021	£173,333	£2,695	3
2019	£170,000	£2,931	1
2017	£148,000	£2,245	1
2013	£123,000	£2,050	1
2011	£116,000	£1,933	1
2006	£114,500	£1,908	1
1999	£42,500	£607	1
1998	£38,250	£655	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£280,000	£3,518	1
2012	£145,000	£1,822	1
2006	£218,500	£2,827	2
2005	£155,000	£1,947	1
2003	£90,000	£1,636	1
2002	£78,000	£1,300	1
1998	£38,000	£633	1
1996	£75,000	£636	1

All the Sales in the HORNBEAM AVENUE, ME5 8DB

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

Address	Sold Date	Price	% Change
2 HORNBEAM AVENUEFlat, Leasehold	21 Aug 2024	£95,000	-34.48%
2 HORNBEAM AVENUEFlat, Leasehold	22 Jan 2021	£145,000	First Sale
6 HORNBEAM AVENUEFlat, LeaseholdArea: 58 Sq.mtrAge: 1950-1966	31 Mar 2023	£214,000	25.88%
	15 Jan 2019	£170,000	First Sale
5 HORNBEAM AVENUEFlat, LeaseholdArea: 63 Sq.mtrAge: 1950-1966	30 Sep 2021	£185,000	428.57%
	29 May 1998	£35,000	First Sale
4 HORNBEAM AVENUEFlat, LeaseholdArea: 65.93 Sq.mtrAge: 1950-1966	04 Jun 2021	£190,000	28.38%
	28 Apr 2017	£148,000	First Sale
15 HORNBEAM AVENUESemi-Detached, FreeholdArea: 79.6 Sq.mtrAge: 1950-1966	30 Jun 2017	£280,000	93.10%
	16 Mar 2012	£145,000	-35.56%
	06 Jan 2006	£225,000	45.16%
	19 Jul 2005	£155,000	First Sale
8 HORNBEAM AVENUEFlat, LeaseholdArea: 60 Sq.mtrAge: 1950-1966	15 Mar 2013	£123,000	6.03%
	28 Mar 2011	£116,000	1.31%
	10 Feb 2006	£114,500	46.79%
	22 Nov 2002	£78,000	105.26%
	28 Sep 1998	£38,000	First Sale
13 HORNBEAM AVENUESemi-Detached, Freehold	04 Jan 2006	£212,000	First Sale
11 HORNBEAM AVENUESemi-Detached, FreeholdArea: 55 Sq.mtrAge: 1950-1966	30 Jun 2003	£90,000	116.87%
	31 Jul 1998	£41,500	First Sale
7 HORNBEAM AVENUEFlat, LeaseholdArea: 70 Sq.mtrAge: 1930-1949	18 Jun 1999	£42,500	First Sale
1 HORNBEAM AVENUESemi-Detached, FreeholdArea: 118 Sq.mtrAge: 1950-1966	28 Jun 1996	£75,000	First Sale

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

HORNBEAM AVENUE, ME5 8DB Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £176,225 median price is £165,000 Standard Deviation is £94,181 with Total Sold: 1,093
- The Last 5 Year average price is £314,005 with Total Sold: 176
- The most recent sale happened at this postcode is , 16 MARION CLOSE: £340,000 (Sold on 16 Sep 2024)
- The first recorded sale happened at this postcode is , 5 HILLBOROUGH GROVE: £59,000 (Sold on 24 Feb 1995)
Detached
- The average price is around £268,556 median price is £241,000 Standard Deviation is £151,161 with Total Sold: 387
- The Last 5 Year average price is £446,664 with Total Sold: 70
- 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 , 79 BOXLEY ROAD: £101,000 (Sold on 28 Feb 1995)
Terraced
- The average price is around £148,690 median price is £138,500 Standard Deviation is £80,485 with Total Sold: 766
- The Last 5 Year average price is £267,318 with Total Sold: 121
- The most recent sale happened at this postcode is , 7 EXTON CLOSE: £340,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 9 MOONSTONE DRIVE: £36,000 (Sold on 19 Jan 1995)
Flat
- The average price is around £107,399 median price is £107,500 Standard Deviation is £80,367 with Total Sold: 599
- The Last 5 Year average price is £194,148 with Total Sold: 79
- The most recent sale happened at this postcode is , 2 HORNBEAM AVENUE: £95,000 (Sold on 21 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 £206,119 median price is £159,000 Standard Deviation is £206,797 with Total Sold: 18
- The Last 5 Year average price is £241,875 with Total Sold: 8
- The most recent sale happened at this postcode is , 6 BETTERIDGE CLOSE: £350,000 (Sold on 10 Apr 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	£330,750	£3,871	14
2023	£334,172	£4,416	32
2022	£349,333	£3,960	27
2021	£318,551	£3,530	44
2020	£274,473	£3,551	30
2019	£284,776	£3,276	29
2018	£271,758	£3,503	33
2017	£278,374	£3,088	39
2016	£267,171	£2,909	35
2015	£223,264	£2,743	44
2014	£212,645	£2,480	31
2013	£181,310	£2,246	34
2012	£163,427	£2,036	24
2011	£174,917	£2,139	24
2010	£170,000	£1,970	15
2009	£163,640	£2,224	21
2008	£185,650	£2,154	20
2007	£177,619	£2,122	57
2006	£175,255	£1,909	49
2005	£166,735	£1,870	34
2004	£161,862	£1,981	53
2003	£144,061	£1,686	48
2002	£115,095	£1,404	44
2001	£100,383	£1,204	52
2000	£88,787	£1,121	40
1999	£72,427	£852	45
1998	£67,344	£789	55
1997	£61,018	£734	55
1996	£59,264	£661	36
1995	£55,534	£595	29

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£424,600	£4,217	5
2023	£441,955	£4,285	11
2022	£490,833	£4,415	12
2021	£489,762	£4,230	21
2020	£377,111	£4,284	9
2019	£392,750	£3,489	12
2018	£393,625	£3,607	12
2017	£422,000	£3,651	14
2016	£351,115	£3,309	26
2015	£327,750	£2,793	10
2014	£301,353	£2,881	17
2013	£258,667	£2,508	12
2012	£280,538	£2,254	13
2011	£263,688	£2,646	8
2010	£274,778	£2,596	9
2009	£204,000	£2,394	10
2008	£454,333	£4,120	3
2007	£233,764	£2,243	17
2006	£238,542	£2,474	12
2005	£256,000	£1,989	8
2004	£230,667	£2,169	21
2003	£219,691	£1,964	13
2002	£161,083	£1,149	12
2001	£145,593	£1,488	16
2000	£119,662	£1,051	12
1999	£124,955	£1,057	22
1998	£121,458	£1,003	12
1997	£93,653	£821	13
1996	£84,630	£845	15
1995	£79,100	£844	10

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£297,000		6
2023	£284,075	£3,603	20
2022	£299,148	£4,003	27
2021	£258,423	£3,393	26
2020	£249,375	£3,201	20
2019	£231,750	£3,048	22
2018	£228,828	£3,219	20
2017	£242,865	£2,969	24
2016	£222,375	£2,704	28
2015	£181,206	£2,465	27
2014	£172,457	£2,229	35
2013	£157,227	£1,957	22
2012	£141,567	£1,839	15
2011	£141,190	£1,783	21
2010	£150,092	£1,901	20
2009	£126,300	£1,582	15
2008	£151,559	£2,210	17
2007	£152,187	£1,948	31
2006	£155,013	£1,897	34
2005	£137,025	£1,740	20
2004	£132,899	£1,865	29
2003	£121,960	£1,623	39
2002	£100,441	£1,232	30
2001	£79,433	£1,062	49
2000	£69,819	£918	48
1999	£62,999	£810	28
1998	£53,655	£692	27
1997	£51,023	£645	27
1996	£45,656	£672	16
1995	£45,799	£615	23

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£177,136	£3,323	11
2023	£284,714	£3,354	14
2022	£183,719	£3,092	19
2021	£169,500	£2,953	16
2020	£177,389	£3,250	9
2019	£160,400	£2,859	10
2018	£163,103	£2,701	17
2017	£154,054	£2,774	28
2016	£147,051	£2,578	17
2015	£123,667	£2,093	18
2014	£122,967	£2,201	23
2013	£106,045	£1,950	22
2012	£101,750	£1,794	18
2011	£97,350	£1,945	10
2010	£109,954	£1,972	11
2009	£102,750	£2,104	8
2008	£99,788	£1,799	13
2007	£107,356	£2,040	23
2006	£112,679	£2,126	37
2005	£104,024	£1,827	20
2004	£107,040	£2,031	25
2003	£108,322	£2,056	38
2002	£91,196	£1,748	52
2001	£50,016	£882	30
2000	£45,444	£797	30
1999	£38,575	£715	23
1998	£35,452	£599	21
1997	£31,560	£538	19
1996	£29,857	£409	7
1995	£33,000	£605	10

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£225,000		2
2023	£172,500	£4,467	2
2022	£365,000	£5,794	1
2021	£375,000	£4,121	1
2019	£200,000	£3,020	2
2018	£690,000		1
2017	£103,720	£1,505	5
2016	£141,638	£689	4

House Type in ME5 8DB area

The most common house types in the ME5 8DB postcode area are Semi-detached (69), Flat (26), and Detached (22).

Total	127
Semi-detached	69
Flat	26
Detached	22
Terraced	7
Shared house	2
temporary structure	1
converted building	0
commercial building	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (57), and Owned: Owns outright (55).

Owned: Owns with a mortgage or loan	57
Owned: Owns outright	55
Private rented: Private landlord or letting agency	12
Social rented: Other social rented	3
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	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 8DB have 2 people in household (42), and 3 people in household (27).

2 people in household	42
3 people in household	27
1 person in household	25
4 people in household	22
5 people in household	8
6 people in household	3
7 people in household	1
0 people in household	0
8 or more people in household	0