Housing Market Analysis for SUN TERRACE, ME5 8HB

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £143,558 median price is £140,000 Standard Deviation is £78,008 with Total Sold: 17
    • The Last 5 Year average price is £276,667 with Total Sold: 3
    • The most recent sale happened at this postcode is 11 SUN TERRACE: £295,000 (Sold on 01 Jun 2023)
    • The first recorded sale happened at this postcode is 7 SUN TERRACE: £48,000 (Sold on 11 Aug 1995)
  • Semi-Detached
    • The average price is around £118,333 median price is £140,000 Standard Deviation is £34,970 with Total Sold: 3
    • The most recent sale happened at this postcode is 1 SUN TERRACE: £140,000 (Sold on 13 Jul 2009)
    • The first recorded sale happened at this postcode is 1 SUN TERRACE: £69,000 (Sold on 17 Sep 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 8HB 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£295,000 £4,609 1
2021£267,500 £3,999 2
2017£230,000 £3,710 1
2014£169,995 £2,742 1
2013£142,500 £2,109 2
2006£145,000 £1,986 1
2005£137,000 £2,036 3
2001£87,500 £1,411 1
1999£62,4982
1998£60,0001
1997£49,000 £790 1
1995£48,000 £658 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2009£140,000 £2,231 1
2006£146,0001
1999£69,000 £1,100 1

All the Sales in the SUN TERRACE, ME5 8HB

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

AddressSold DatePrice% Change
11 SUN TERRACETerraced, FreeholdArea: 64 Sq.mtrAge: 1967-197501 Jun 2023£295,000First Sale
7 SUN TERRACETerraced, FreeholdArea: 73 Sq.mtrAge: 1983-199027 Sep 2021£260,00079.31%
15 Feb 2013£145,0000.0
03 Apr 2006£145,0003.57%
16 Dec 2005£140,000191.67%
11 Aug 1995£48,000First Sale
4 SUN TERRACETerraced, FreeholdArea: 62 Sq.mtrAge: 1950-196630 Jun 2021£275,00019.57%
26 Apr 2017£230,00035.30%
01 Sep 2014£169,99527.34%
04 Oct 2005£133,50052.57%
27 Jul 2001£87,50078.57%
06 Feb 1997£49,000First Sale
10 SUN TERRACETerraced, FreeholdArea: 62.75 Sq.mtrAge: 1976-198225 Oct 2013£140,000First Sale
1 SUN TERRACESemi-Detached, FreeholdArea: 62.75 Sq.mtrAge: 1967-197513 Jul 2009£140,000102.90%
17 Sep 1999£69,000First Sale
5 SUN TERRACESemi-Detached, Freehold31 Mar 2006£146,000131.76%
26 Apr 1999£62,995First Sale
2 SUN TERRACETerraced, Freehold09 Dec 2005£137,500129.17%
24 Nov 1998£60,000First Sale
3 SUN TERRACETerraced, Freehold02 Jul 1999£62,000First Sale

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

SUN TERRACE, ME5 8HB Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £161,550 median price is £152,750 Standard Deviation is £90,911 with Total Sold: 1,502
    • The Last 5 Year average price is £304,966 with Total Sold: 220
    • 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 , 12 CROYDON CLOSE: £52,500 (Sold on 06 Jan 1995)
  • Terraced
    • The average price is around £140,888 median price is £135,000 Standard Deviation is £73,219 with Total Sold: 1,653
    • The Last 5 Year average price is £253,880 with Total Sold: 239
    • The most recent sale happened at this postcode is , 22 BROMLEY CLOSE: £275,000 (Sold on 06 Sep 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 £98,090 median price is £96,000 Standard Deviation is £54,151 with Total Sold: 345
    • The Last 5 Year average price is £174,588 with Total Sold: 50
    • 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 , 11 SHEPPERTON CLOSE: £29,500 (Sold on 05 May 1995)
  • Detached
    • The average price is around £213,696 median price is £205,998 Standard Deviation is £104,522 with Total Sold: 582
    • The Last 5 Year average price is £367,483 with Total Sold: 90
    • The most recent sale happened at this postcode is , 380 LORDS WOOD LANE: £410,000 (Sold on 05 Aug 2024)
    • The first recorded sale happened at this postcode is , 48 GATCOMBE CLOSE: £72,000 (Sold on 20 Jan 1995)
  • Other
    • The average price is around £129,121 median price is £110,000 Standard Deviation is £112,017 with Total Sold: 17
    • The Last 5 Year average price is £222,333 with Total Sold: 6
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£316,250 £3,998 14
2023£317,771 £4,035 35
2022£346,648 £4,078 48
2021£304,550 £3,639 50
2020£270,125 £3,512 40
2019£268,833 £3,277 33
2018£280,238 £3,420 40
2017£264,450 £3,191 48
2016£249,341 £2,936 37
2015£219,337 £2,690 52
2014£187,699 £2,472 28
2013£179,928 £2,180 35
2012£167,761 £1,965 23
2011£161,143 £2,070 21
2010£176,795 £2,056 22
2009£160,303 £2,037 33
2008£173,326 £2,144 26
2007£177,382 £2,318 75
2006£169,557 £2,054 65
2005£161,172 £1,978 64
2004£148,814 £1,980 70
2003£140,553 £1,911 74
2002£111,810 £1,498 77
2001£99,239 £1,210 72
2000£84,978 £1,064 73
1999£70,801 £873 84
1998£65,837 £850 71
1997£55,397 £768 68
1996£54,843 £656 75
1995£53,510 £709 49
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£252,250 £2,363 12
2023£279,954 £3,869 44
2022£278,305 £4,093 41
2021£249,857 £3,413 55
2020£241,419 £3,261 43
2019£222,700 £3,194 44
2018£221,177 £3,212 44
2017£224,666 £3,119 47
2016£213,734 £2,890 62
2015£191,335 £2,755 55
2014£161,809 £2,376 63
2013£144,706 £2,005 40
2012£145,993 £1,934 41
2011£136,945 £1,970 28
2010£142,966 £1,889 34
2009£134,491 £1,951 29
2008£149,486 £2,251 37
2007£151,908 £2,125 73
2006£147,537 £1,961 95
2005£137,067 £1,956 55
2004£126,888 £1,940 85
2003£118,904 £1,656 76
2002£99,671 £1,411 75
2001£78,502 £1,092 96
2000£67,561 £994 76
1999£56,422 £818 90
1998£53,036 £745 61
1997£49,017 £716 70
1996£45,266 £637 43
1995£44,787 £610 39
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£197,167 £4,032 6
2023£188,818 £3,402 11
2022£174,833 £3,263 14
2021£162,179 £3,245 7
2020£164,000 £3,640 6
2019£150,417 £2,864 6
2018£172,429 £3,175 14
2017£154,556 £2,557 18
2016£141,222 £2,672 9
2015£118,699 £2,164 5
2014£112,864 £2,160 11
2013£103,500 £1,807 9
2012£106,450 £1,841 10
2011£97,000 £1,845 2
2010£110,833 £1,869 3
2009£100,667 £1,730 3
2008£114,812 £1,859 8
2007£117,722 £2,226 9
2006£101,000 £1,939 21
2005£99,874 £1,862 16
2004£92,449 £1,852 20
2003£86,802 £1,756 17
2002£61,885 £1,203 23
2001£45,749 £944 21
2000£39,702 £844 22
1999£35,411 £794 17
1998£32,964 £646 14
1997£29,027 £541 9
1996£24,750 £347 4
1995£28,238 £571 10
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£411,857 £3,740 7
2023£363,792 £4,213 12
2022£401,321 £4,469 14
2021£369,083 £3,588 24
2020£341,469 £3,356 16
2019£346,176 £3,250 17
2018£342,792 £3,482 12
2017£312,550 £3,144 10
2016£306,904 £3,107 26
2015£281,688 £2,646 16
2014£245,026 £2,465 19
2013£229,214 £2,256 14
2012£220,944 £2,307 18
2011£216,893 £2,313 14
2010£216,643 £2,216 7
2009£217,607 £2,427 14
2008£233,250 £2,519 4
2007£234,426 £2,387 34
2006£223,397 £2,293 38
2005£215,445 £1,976 20
2004£202,758 £2,184 28
2003£173,702 £2,043 17
2002£158,891 £1,765 30
2001£134,530 £1,387 33
2000£115,272 £1,214 23
1999£98,288 £951 30
1998£85,360 £947 25
1997£92,418 £891 22
1996£79,756 £817 21
1995£67,706 £845 17
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£100,0001
2023£288,000 £4,067 3
2022£275,000 £3,618 1
2019£95,0001
2018£110,000 £2,683 1
2017£71,300 £1,061 5
2016£78,910 £2,325 5

House Type in ME5 8HB area

The most common house types in the ME5 8HB postcode area are Terraced (92), Semi-detached (17), and Detached (7).

Total117
Terraced92
Semi-detached17
Detached7
Flat1
Shared house0
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 (59), and Owned: Owns outright (27).

Owned: Owns with a mortgage or loan59
Owned: Owns outright27
Private rented: Private landlord or letting agency27
Shared ownership: Shared ownership2
Social rented: Rents from council or Local Authority1
Social rented: Other social rented1
Does not apply0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the ME5 8HB have 2 people in household (30), and 4 people in household (27).

2 people in household30
4 people in household27
1 person in household25
3 people in household21
5 people in household10
6 people in household2
8 or more people in household1
0 people in household0
7 people in household0