Housing Market Analysis for ME5 8FW

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average ME5 8FW 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 8FW

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

    AddressSold DatePrice% Change

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

    ME5 8FW Near By properties

    Interactive Map

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

    • Semi-Detached
      • The average price is around £176,389 median price is £164,500 Standard Deviation is £95,550 with Total Sold: 1,275
      • The Last 5 Year average price is £318,170 with Total Sold: 204
      • 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 , 531 LORDS WOOD LANE: £51,000 (Sold on 11 Jan 1995)
    • Detached
      • The average price is around £261,816 median price is £235,000 Standard Deviation is £146,563 with Total Sold: 422
      • The Last 5 Year average price is £426,963 with Total Sold: 81
      • 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 £147,794 median price is £136,000 Standard Deviation is £81,149 with Total Sold: 797
      • The Last 5 Year average price is £269,424 with Total Sold: 123
      • 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 , 9 MOONSTONE DRIVE: £36,000 (Sold on 19 Jan 1995)
    • Flat
      • The average price is around £106,995 median price is £106,950 Standard Deviation is £80,688 with Total Sold: 598
      • The Last 5 Year average price is £194,677 with Total Sold: 80
      • 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 £224,965 median price is £236,000 Standard Deviation is £206,668 with Total Sold: 24
      • The Last 5 Year average price is £235,750 with Total Sold: 12
      • 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
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£330,344 £3,871 16
    2023£334,976 £4,282 41
    2022£357,969 £4,028 32
    2021£321,526 £3,480 48
    2020£281,431 £3,606 36
    2019£286,048 £3,113 31
    2018£272,216 £3,400 37
    2017£278,398 £3,041 48
    2016£261,198 £2,910 43
    2015£224,302 £2,660 45
    2014£209,617 £2,461 34
    2013£182,069 £2,205 37
    2012£166,194 £2,037 27
    2011£167,360 £1,984 25
    2010£183,900 £2,126 20
    2009£171,628 £2,177 23
    2008£186,840 £2,166 25
    2007£179,275 £2,136 61
    2006£178,400 £1,900 60
    2005£165,222 £1,871 45
    2004£157,107 £1,918 65
    2003£148,159 £1,653 50
    2002£116,316 £1,433 59
    2001£99,795 £1,162 58
    2000£89,771 £1,112 46
    1999£73,058 £860 55
    1998£69,975 £815 64
    1997£60,133 £715 56
    1996£59,360 £665 50
    1995£55,018 £624 38
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£429,714 £4,217 7
    2023£430,136 £4,270 11
    2022£457,367 £4,281 15
    2021£468,457 £4,138 23
    2020£336,450 £4,116 10
    2019£389,667 £3,384 15
    2018£388,500 £3,564 10
    2017£423,429 £3,579 14
    2016£333,848 £3,209 23
    2015£326,577 £2,797 13
    2014£279,864 £2,709 22
    2013£256,846 £2,479 13
    2012£284,893 £2,224 14
    2011£249,200 £2,615 10
    2010£266,439 £2,530 9
    2009£219,999 £2,724 9
    2008£396,250 £2,985 4
    2007£235,868 £2,527 19
    2006£229,788 £2,442 13
    2005£269,500 £2,053 8
    2004£220,222 £2,087 27
    2003£217,713 £1,911 14
    2002£162,520 £1,309 12
    2001£142,071 £1,437 14
    2000£121,796 £1,050 15
    1999£122,668 £990 25
    1998£116,591 £821 11
    1997£89,366 £774 15
    1996£81,630 £833 15
    1995£77,250 £813 12
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£279,0006
    2023£298,685 £3,790 16
    2022£302,321 £4,030 28
    2021£264,682 £3,385 31
    2020£249,676 £3,281 17
    2019£230,860 £2,985 25
    2018£234,867 £3,359 23
    2017£243,727 £3,045 22
    2016£221,933 £2,764 30
    2015£186,002 £2,544 29
    2014£170,333 £2,242 36
    2013£154,150 £2,056 20
    2012£141,042 £1,915 12
    2011£144,821 £1,825 14
    2010£146,075 £1,979 18
    2009£126,423 £1,588 13
    2008£151,738 £2,165 21
    2007£150,829 £1,978 37
    2006£155,498 £1,899 36
    2005£134,330 £1,804 25
    2004£131,214 £1,822 35
    2003£120,591 £1,604 38
    2002£101,158 £1,348 36
    2001£79,881 £1,071 53
    2000£68,996 £928 47
    1999£59,233 £789 32
    1998£53,474 £719 31
    1997£50,356 £659 20
    1996£45,000 £664 17
    1995£44,392 £589 29
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£178,625 £3,323 12
    2023£283,733 £3,303 15
    2022£178,233 £3,024 20
    2021£166,467 £2,982 15
    2020£177,389 £3,250 9
    2019£168,500 £3,006 9
    2018£162,897 £2,704 17
    2017£154,770 £2,797 25
    2016£147,191 £2,556 15
    2015£122,794 £2,074 17
    2014£123,489 £2,213 23
    2013£105,957 £1,950 23
    2012£103,500 £1,826 19
    2011£96,062 £1,976 8
    2010£109,541 £1,966 12
    2009£102,444 £2,068 9
    2008£99,788 £1,799 13
    2007£107,269 £2,041 23
    2006£112,476 £2,128 36
    2005£105,131 £1,846 19
    2004£108,000 £2,060 25
    2003£104,274 £1,966 41
    2002£89,689 £1,743 54
    2001£49,749 £875 28
    2000£45,224 £807 32
    1999£38,773 £713 21
    1998£35,562 £607 24
    1997£32,196 £551 16
    1996£30,500 £409 8
    1995£33,000 £605 10
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£225,0002
    2023£218,500 £4,067 4
    2022£243,333 £3,869 3
    2021£375,000 £4,121 1
    2019£200,000 £3,020 2
    2018£687,500 £21,406 2
    2017£104,767 £1,382 6
    2016£141,638 £689 4

    House Type in ME5 8FW area

    The most common house types in the ME5 8FW postcode area are Semi-detached (79), Flat (27), and Terraced (18).

    Total128
    Semi-detached79
    Flat27
    Terraced18
    Detached3
    Shared house1
    converted building0
    commercial 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 (55), and Owned: Owns outright (44).

    Owned: Owns with a mortgage or loan55
    Owned: Owns outright44
    Private rented: Private landlord or letting agency24
    Shared ownership: Shared ownership2
    Private rented: Other private rented2
    Social rented: Rents from council or Local Authority1
    Does not apply0
    Social rented: Other social rented0
    Lives rent free0

    Number of People in a Household

    The most houses in the ME5 8FW have 2 people in household (45), and 1 person in household (29).

    2 people in household45
    1 person in household29
    3 people in household29
    4 people in household13
    5 people in household6
    6 people in household4
    0 people in household0
    7 people in household0
    8 or more people in household0