Housing Market Analysis for ME5 8EE

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average ME5 8EE 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.

    All the Sales in the ME5 8EE

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

    AddressSold DatePrice% Change

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

    ME5 8EE Near By properties

    Interactive Map

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

    • Terraced
      • The average price is around £147,215 median price is £138,550 Standard Deviation is £75,484 with Total Sold: 1,490
      • The Last 5 Year average price is £261,072 with Total Sold: 233
      • 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 , 49 CONIFER DRIVE: £39,000 (Sold on 10 Feb 1995)
    • Flat
      • The average price is around £83,199 median price is £77,000 Standard Deviation is £42,900 with Total Sold: 233
      • The Last 5 Year average price is £121,471 with Total Sold: 38
      • The most recent sale happened at this postcode is , 3 SHAMLEY ROAD: £145,000 (Sold on 30 Aug 2024)
      • The first recorded sale happened at this postcode is , 45 SULTAN ROAD: £21,900 (Sold on 07 Apr 1995)
    • Detached
      • The average price is around £263,169 median price is £243,500 Standard Deviation is £138,067 with Total Sold: 220
      • The Last 5 Year average price is £433,339 with Total Sold: 31
      • The most recent sale happened at this postcode is , 112 BALLENS ROAD: £580,000 (Sold on 19 Aug 2024)
      • The first recorded sale happened at this postcode is , 20 CATTERICK ROAD: £105,000 (Sold on 12 Jan 1995)
    • Semi-Detached
      • The average price is around £149,314 median price is £136,375 Standard Deviation is £86,094 with Total Sold: 724
      • The Last 5 Year average price is £288,285 with Total Sold: 94
      • 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)
    • Other
      • The average price is around £621,718 median price is £211,000 Standard Deviation is £1,265,372 with Total Sold: 16
      • The Last 5 Year average price is £358,467 with Total Sold: 12
      • 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£293,857 £4,414 14
    2023£278,511 £3,744 37
    2022£294,667 £3,770 45
    2021£250,256 £3,449 41
    2020£235,746 £3,260 47
    2019£241,029 £3,223 49
    2018£234,183 £3,229 51
    2017£228,643 £3,001 52
    2016£212,177 £2,602 48
    2015£182,622 £2,515 57
    2014£172,055 £2,279 53
    2013£151,939 £1,905 37
    2012£137,781 £1,920 32
    2011£146,111 £1,930 45
    2010£142,915 £1,984 30
    2009£128,765 £1,650 33
    2008£151,554 £1,966 28
    2007£154,966 £2,112 61
    2006£143,959 £1,960 67
    2005£138,405 £1,852 36
    2004£135,282 £1,869 78
    2003£125,470 £1,673 69
    2002£95,944 £1,377 69
    2001£79,352 £1,022 99
    2000£70,302 £932 74
    1999£61,793 £838 66
    1998£53,856 £700 47
    1997£51,490 £703 54
    1996£45,456 £626 32
    1995£45,538 £629 39
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£111,850 £2,404 7
    2023£135,500 £2,436 4
    2022£123,768 £2,581 9
    2021£138,850 £2,719 5
    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£91,952 £1,832 13
    2013£77,792 £1,463 6
    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£98,399 £1,610 5
    2007£96,908 £1,930 12
    2006£98,900 £1,712 10
    2005£82,666 £1,649 9
    2004£72,817 £1,445 11
    2003£72,221 £1,598 9
    2002£65,332 £1,285 12
    2001£47,818 £939 10
    2000£36,858 £819 11
    1999£31,684 £603 13
    1998£31,012 £569 4
    1997£27,600 £513 5
    1996£24,483 £499 6
    1995£22,295 £463 5
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£415,000 £3,101 5
    2023£397,900 £5,114 5
    2022£398,250 £4,087 4
    2021£467,444 £3,623 9
    2020£462,800 £3,563 5
    2019£418,333 £3,557 3
    2018£447,750 £3,227 4
    2017£342,000 £3,205 13
    2016£373,750 £3,025 10
    2015£392,125 £2,828 12
    2014£303,625 £2,427 4
    2013£302,750 £2,397 12
    2012£261,200 £2,284 10
    2011£235,000 £2,452 5
    2010£343,333 £1,458 3
    2009£220,000 £2,438 2
    2008£249,9951
    2007£277,062 £2,443 8
    2006£237,848 £2,146 14
    2005£270,429 £1,454 7
    2004£224,187 £1,905 8
    2003£200,250 £1,296 4
    2002£179,018 £1,603 13
    2001£135,500 £1,301 13
    2000£146,818 £1,247 14
    1999£103,250 £918 6
    1998£114,083 £774 6
    1997£101,567 £823 9
    1996£101,374 £755 4
    1995£89,643 £694 7
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£330,5004
    2023£299,562 £4,622 8
    2022£313,435 £4,097 23
    2021£296,973 £3,763 22
    2020£287,054 £3,509 13
    2019£246,090 £3,344 24
    2018£268,706 £3,613 17
    2017£250,489 £3,255 19
    2016£262,500 £3,157 21
    2015£210,212 £2,838 17
    2014£223,083 £2,674 12
    2013£192,495 £2,621 11
    2012£158,550 £2,211 10
    2011£160,367 £2,141 18
    2010£157,972 £2,015 18
    2009£165,800 £2,262 10
    2008£160,206 £2,184 16
    2007£170,903 £2,280 31
    2006£153,567 £2,075 37
    2005£163,295 £2,098 22
    2004£143,616 £1,978 41
    2003£119,506 £1,635 36
    2002£112,180 £1,516 40
    2001£92,224 £1,184 31
    2000£84,043 £1,160 34
    1999£68,657 £884 41
    1998£67,946 £882 38
    1997£56,088 £753 51
    1996£51,958 £674 36
    1995£50,673 £664 23
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£1,242,500 £34,382 2
    2021£212,633 £3,157 6
    2020£450,0001
    2019£30,267 £37 3
    2018£2,641,9402
    2016£181,0002

    House Type in ME5 8EE area

    The most common house types in the ME5 8EE postcode area are Terraced (87), Semi-detached (24), and Detached (7).

    Total126
    Terraced87
    Semi-detached24
    Detached7
    Flat5
    commercial building2
    Shared house1
    converted building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (54), and Owned: Owns outright (31).

    Owned: Owns with a mortgage or loan54
    Owned: Owns outright31
    Social rented: Other social rented20
    Private rented: Private landlord or letting agency14
    Private rented: Other private rented4
    Shared ownership: Shared ownership2
    Social rented: Rents from council or Local Authority2
    Does not apply0
    Lives rent free0

    Number of People in a Household

    The most houses in the ME5 8EE have 2 people in household (42), and 1 person in household (30).

    2 people in household42
    1 person in household30
    4 people in household27
    3 people in household18
    5 people in household7
    6 people in household1
    8 or more people in household1
    0 people in household0
    7 people in household0