Housing Market Analysis for CHEGWELL DRIVE, ME5 8HD

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £274,000 median price is £274,000 Standard Deviation is £161,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 5 CHEGWELL DRIVE: £435,000 (Sold on 17 Nov 2015)
    • The first recorded sale happened at this postcode is 5 CHEGWELL DRIVE: £113,000 (Sold on 07 Jun 1996)
  • Semi-Detached
    • The average price is around £148,750 median price is £142,000 Standard Deviation is £50,879 with Total Sold: 4
    • The most recent sale happened at this postcode is 1 CHEGWELL DRIVE: £225,000 (Sold on 01 Aug 2008)
    • The first recorded sale happened at this postcode is 1 CHEGWELL DRIVE: £86,000 (Sold on 02 Mar 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 8HD 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£435,000 £2,919 1
1996£113,000 £758 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2008£225,000 £2,273 1
2006£158,0001
2003£126,0001
2000£86,000 £869 1

All the Sales in the CHEGWELL DRIVE, ME5 8HD

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

AddressSold DatePrice% Change
5 CHEGWELL DRIVEDetached, FreeholdArea: 149 Sq.mtrAge: 1983-199017 Nov 2015£435,000284.96%
07 Jun 1996£113,000First Sale
1 CHEGWELL DRIVESemi-Detached, FreeholdArea: 99 Sq.mtrAge: 1950-196601 Aug 2008£225,000161.63%
02 Mar 2000£86,000First Sale
3 CHEGWELL DRIVESemi-Detached, Freehold29 Mar 2006£158,00025.40%
11 Jun 2003£126,000First Sale

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

CHEGWELL DRIVE, ME5 8HD Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £161,989 median price is £154,000 Standard Deviation is £91,212 with Total Sold: 1,540
    • The Last 5 Year average price is £305,096 with Total Sold: 224
    • 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)
  • Detached
    • The average price is around £216,319 median price is £206,500 Standard Deviation is £110,440 with Total Sold: 532
    • The Last 5 Year average price is £377,904 with Total Sold: 89
    • 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 , 48 GATCOMBE CLOSE: £72,000 (Sold on 20 Jan 1995)
  • Terraced
    • The average price is around £141,141 median price is £135,000 Standard Deviation is £73,042 with Total Sold: 1,703
    • The Last 5 Year average price is £253,096 with Total Sold: 248
    • 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 £102,589 median price is £96,000 Standard Deviation is £99,726 with Total Sold: 343
    • The Last 5 Year average price is £203,518 with Total Sold: 51
    • 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)
  • Other
    • The average price is around £160,281 median price is £110,000 Standard Deviation is £168,394 with Total Sold: 18
    • 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£309,667 £3,998 15
2023£317,689 £4,130 37
2022£348,419 £4,037 48
2021£308,021 £3,620 48
2020£267,060 £3,515 42
2019£271,074 £3,260 34
2018£277,057 £3,460 44
2017£265,436 £3,229 53
2016£247,779 £2,956 38
2015£218,546 £2,710 54
2014£188,193 £2,474 29
2013£178,089 £2,182 39
2012£165,271 £1,997 24
2011£159,087 £2,135 23
2010£176,795 £2,056 22
2009£159,861 £2,070 36
2008£173,314 £2,142 27
2007£177,131 £2,343 76
2006£168,458 £2,022 66
2005£161,770 £1,972 65
2004£148,883 £1,992 69
2003£140,891 £1,891 74
2002£111,633 £1,493 78
2001£99,665 £1,231 74
2000£84,697 £1,098 73
1999£70,189 £874 82
1998£65,224 £840 71
1997£54,800 £757 70
1996£54,834 £650 77
1995£53,630 £709 52
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£413,0007
2023£355,045 £4,127 11
2022£401,423 £4,403 13
2021£404,643 £3,780 28
2020£339,567 £3,466 15
2019£346,333 £3,258 15
2018£355,750 £3,402 8
2017£325,500 £3,311 6
2016£297,105 £3,056 19
2015£284,133 £2,653 15
2014£249,476 £2,488 21
2013£234,333 £2,251 12
2012£223,353 £2,310 17
2011£216,636 £2,343 11
2010£219,417 £2,322 6
2009£222,464 £2,457 14
2008£228,667 £2,255 3
2007£234,594 £2,392 32
2006£224,532 £2,299 34
2005£215,633 £1,968 18
2004£203,709 £2,127 25
2003£176,379 £1,977 17
2002£158,972 £1,749 28
2001£139,571 £1,397 28
2000£115,760 £1,158 24
1999£98,815 £944 29
1998£85,457 £921 23
1997£94,155 £891 19
1996£80,166 £812 18
1995£67,500 £845 16
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£252,250 £2,363 12
2023£279,810 £3,880 45
2022£275,830 £4,121 44
2021£248,880 £3,420 57
2020£240,591 £3,296 44
2019£222,626 £3,223 46
2018£221,151 £3,226 45
2017£223,777 £3,122 48
2016£212,669 £2,922 68
2015£190,968 £2,776 57
2014£162,046 £2,367 64
2013£144,225 £2,019 41
2012£146,398 £1,931 42
2011£136,421 £1,961 26
2010£141,643 £1,908 34
2009£135,298 £1,943 31
2008£148,137 £2,254 40
2007£151,023 £2,147 77
2006£148,490 £1,961 97
2005£137,316 £1,942 56
2004£126,385 £1,956 87
2003£119,721 £1,653 78
2002£99,791 £1,408 82
2001£78,142 £1,109 100
2000£67,160 £1,001 76
1999£56,325 £816 89
1998£52,773 £757 63
1997£48,785 £719 69
1996£44,850 £646 47
1995£44,005 £613 38
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£197,167 £4,032 6
2023£310,583 £3,402 12
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£104,389 £1,749 9
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£86,166 £1,718 15
2002£61,885 £1,203 23
2001£46,760 £951 22
2000£38,593 £814 21
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: 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£400,000 £2,683 2
2017£71,300 £1,061 5
2016£78,910 £2,325 5

House Type in ME5 8HD area

The most common house types in the ME5 8HD 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 8HD 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