Housing Market Analysis for MILLFIELDS, ME5 8HQ

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

Overview of Sold House prices

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

Terraced
- The average price is around £115,294 median price is £108,000 Standard Deviation is £64,127 with Total Sold: 39
- The Last 5 Year average price is £278,333 with Total Sold: 3
- The most recent sale happened at this postcode is 4 MILLFIELDS: £325,000 (Sold on 24 Jul 2024)
- The first recorded sale happened at this postcode is 18 MILLFIELDS: £38,000 (Sold on 29 Mar 1996)
Semi-Detached
- The average price is around £134,147 median price is £77,995 Standard Deviation is £95,187 with Total Sold: 17
- The Last 5 Year average price is £300,000 with Total Sold: 2
- The most recent sale happened at this postcode is 1 MILLFIELDS: £300,000 (Sold on 12 Jul 2019)
- The first recorded sale happened at this postcode is 3 MILLFIELDS: £58,000 (Sold on 24 Mar 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 8HQ 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£325,000		1
2023	£255,000	£5,312	1
2022	£255,000	£5,398	1
2018	£197,000	£4,211	1
2016	£181,500	£3,916	2
2015	£165,667	£3,370	3
2013	£131,000	£2,787	1
2012	£121,500	£2,526	2
2011	£145,000	£1,834	1
2008	£117,500	£2,500	2
2005	£119,998	£2,527	2
2004	£118,625	£2,667	2
2003	£103,125	£2,192	4
2001	£72,248	£1,566	4
2000	£63,212	£1,311	7
1998	£49,625	£1,034	2
1997	£46,000	£1,001	2
1996	£38,000	£809	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£300,000	£3,918	2
2012	£190,000	£2,482	1
2008	£149,000		1
2006	£183,000	£2,408	1
2005	£204,000	£1,962	1
2004	£118,000	£2,565	1
2002	£318,000	£3,614	1
2000	£69,999	£1,123	4
1998	£54,500		1
1997	£42,500		2
1996	£41,000	£891	1
1995	£58,000	£558	1

All the Sales in the MILLFIELDS, ME5 8HQ

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

Address	Sold Date	Price	% Change
4 MILLFIELDSTerraced, Freehold	24 Jul 2024	£325,000	124.14%
4 MILLFIELDSTerraced, Freehold	20 May 2011	£145,000	First Sale
19 MILLFIELDSTerraced, FreeholdArea: 48 Sq.mtrAge: 1983-1990	29 Sep 2023	£255,000	45.71%
	21 Dec 2015	£175,000	40.00%
	03 Aug 2012	£125,000	5.93%
	10 Sep 2004	£118,000	78.79%
	24 Nov 2000	£66,000	12.82%
	31 Jan 2000	£58,500	42.68%
	09 Aug 1996	£41,000	First Sale
18 MILLFIELDSTerraced, FreeholdArea: 47.24 Sq.mtrAge: 1983-1990	28 Sep 2022	£255,000	112.51%
	17 Jan 2005	£119,995	81.82%
	15 Mar 2001	£65,995	46.66%
	12 Dec 1997	£45,000	18.42%
	29 Mar 1996	£38,000	First Sale
1 MILLFIELDSSemi-Detached, FreeholdArea: 76.56 Sq.mtrAge: 1983-1990	12 Jul 2019	£300,000	0.0
	28 Jun 2019	£300,000	57.89%
	02 Apr 2012	£190,000	145.16%
	28 Jan 2000	£77,500	First Sale
9 MILLFIELDSTerraced, FreeholdArea: 46.78 Sq.mtrAge: 1983-1990	31 Aug 2018	£197,000	171.72%
	19 Oct 2001	£72,500	31.83%
	04 Feb 2000	£54,995	First Sale
12 MILLFIELDSTerraced, FreeholdArea: 44 Sq.mtrAge: 1983-1990	31 Mar 2016	£183,000	50.93%
	28 May 2004	£121,250	34.72%
	25 Mar 2003	£90,000	18.43%
	18 May 2001	£75,995	First Sale
10 MILLFIELDSTerraced, FreeholdArea: 49 Sq.mtrAge: 1983-1990	24 Mar 2016	£180,000	70.62%
	30 Apr 2003	£105,500	64.84%
	25 May 2000	£64,000	29.95%
	30 Oct 1998	£49,250	First Sale
13 MILLFIELDSTerraced, FreeholdArea: 50 Sq.mtrAge: 1983-1990	06 Oct 2015	£172,000	First Sale
20 MILLFIELDSTerraced, FreeholdArea: 49.6 Sq.mtrAge: 1983-1990	12 Jun 2015	£150,000	37.61%
	26 Sep 2003	£109,000	67.71%
	26 May 2000	£64,995	First Sale
14 MILLFIELDSTerraced, FreeholdArea: 47 Sq.mtrAge: 1983-1990	05 Jul 2013	£131,000	-6.43%
	25 Feb 2008	£140,000	29.63%
	04 Jul 2003	£108,000	First Sale
11 MILLFIELDSTerraced, FreeholdArea: 48.2 Sq.mtrAge: 1983-1990	27 Jan 2012	£118,000	-1.67%
	15 Apr 2005	£120,000	100.00%
	28 Jan 2000	£60,000	First Sale
6 MILLFIELDSTerraced, FreeholdArea: 47 Sq.mtrAge: 1983-1990	14 Nov 2008	£95,000	First Sale
15 MILLFIELDSSemi-Detached, Freehold	17 Jun 2008	£149,000	173.39%
	05 Nov 1998	£54,500	26.74%
	26 Feb 1997	£43,000	First Sale
2 MILLFIELDSSemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1976-1982	20 Dec 2006	£183,000	-42.45%
	29 Apr 2002	£318,000	307.72%
	28 Feb 2000	£77,995	First Sale
3 MILLFIELDSSemi-Detached, FreeholdArea: 104 Sq.mtrAge: 1991-1995	26 Jul 2005	£204,000	251.72%
	24 Mar 1995	£58,000	First Sale
8 MILLFIELDSTerraced, FreeholdArea: 45 Sq.mtrAge: 1983-1990	16 Jul 2004	£116,000	73.13%
	24 Nov 2000	£67,000	42.55%
	31 Jul 1997	£47,000	First Sale
7 MILLFIELDSTerraced, FreeholdArea: 47.04 Sq.mtrAge: 1976-1982	29 Nov 2001	£74,500	12.03%
	20 Jun 2000	£66,500	33.00%
	12 Jun 1998	£50,000	First Sale
17 MILLFIELDSTerraced, Freehold	05 May 2000	£64,995	First Sale
16 MILLFIELDSSemi-Detached, Freehold	04 Apr 1997	£42,000	First Sale

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

MILLFIELDS, ME5 8HQ Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £141,190 median price is £130,000 Standard Deviation is £83,145 with Total Sold: 529
- The Last 5 Year average price is £268,741 with Total Sold: 65
- The most recent sale happened at this postcode is , 4 FARLEY CLOSE: £320,000 (Sold on 19 Sep 2024)
- The first recorded sale happened at this postcode is , 31 BENTLEY CLOSE: £48,000 (Sold on 17 Feb 1995)
Flat
- The average price is around £80,334 median price is £71,525 Standard Deviation is £42,273 with Total Sold: 190
- The Last 5 Year average price is £122,640 with Total Sold: 35
- 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)
Terraced
- The average price is around £137,203 median price is £129,000 Standard Deviation is £74,215 with Total Sold: 1,017
- The Last 5 Year average price is £252,107 with Total Sold: 145
- The most recent sale happened at this postcode is , 43 ABINGER DRIVE: £281,500 (Sold on 24 Jul 2024)
- The first recorded sale happened at this postcode is , 25 WAVERLEY CLOSE: £43,500 (Sold on 03 Feb 1995)
Detached
- The average price is around £284,516 median price is £250,000 Standard Deviation is £144,711 with Total Sold: 178
- The Last 5 Year average price is £512,150 with Total Sold: 20
- The most recent sale happened at this postcode is , 24 ABINGER DRIVE: £260,000 (Sold on 19 Mar 2024)
- The first recorded sale happened at this postcode is , 20 CATTERICK ROAD: £105,000 (Sold on 12 Jan 1995)
Other
- The average price is around £12,200 median price is £800 Standard Deviation is £16,122 with Total Sold: 3
- The Last 5 Year average price is £12,200 with Total Sold: 3
- The most recent sale happened at this postcode is , 36A CLANDON ROAD: £35,000 (Sold on 13 Dec 2021)
- The first recorded sale happened at this postcode is , 46 CLANDON ROAD: £800 (Sold on 01 Jul 2019)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£301,667		3
2023	£288,250	£4,667	4
2022	£309,125	£4,381	16
2021	£239,909	£3,993	11
2020	£271,625	£3,511	8
2019	£245,746	£3,359	23
2018	£257,029	£3,427	17
2017	£242,882	£3,354	17
2016	£234,643	£3,344	7
2015	£214,562	£2,536	8
2014	£191,399	£2,289	5
2013	£169,100	£2,554	5
2012	£153,833	£1,995	12
2011	£156,123	£2,072	13
2010	£157,708	£2,209	12
2009	£125,750	£2,119	6
2008	£154,350	£2,496	10
2007	£187,159	£2,436	25
2006	£152,374	£2,274	33
2005	£167,884	£2,160	13
2004	£137,000	£2,056	32
2003	£129,009	£1,742	26
2002	£111,303	£1,680	32
2001	£86,551	£1,220	24
2000	£82,905	£1,133	32
1999	£61,222	£902	30
1998	£64,224	£836	31
1997	£53,212	£745	33
1996	£48,690	£691	29
1995	£48,292	£625	12

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£111,850	£2,404	7
2023	£135,500	£2,436	4
2022	£123,768	£2,581	9
2021	£140,650	£2,995	5
2020	£122,800	£2,377	5
2019	£107,260	£2,262	5
2018	£114,300	£2,611	9
2017	£99,992	£2,377	6
2016	£149,750	£2,582	2
2015	£97,775	£2,266	4
2014	£90,953	£1,812	13
2013	£84,625	£1,575	6
2012	£75,125	£1,559	4
2011	£68,238	£1,405	4
2010	£63,000	£1,417	1
2009	£73,750	£1,499	4
2008	£102,499	£1,705	6
2007	£88,862	£1,894	8
2006	£92,300	£1,804	5
2005	£82,714	£1,727	7
2004	£67,944	£1,452	9
2003	£74,548	£1,614	10
2002	£62,135	£1,243	11
2001	£48,618	£941	10
2000	£38,034	£820	13
1999	£32,874	£645	9
1998	£30,017	£562	3
1997	£26,750	£539	2
1996	£23,580	£529	5
1995	£21,369	£454	4

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£273,938	£4,414	8
2023	£271,071	£4,329	21
2022	£280,887	£4,139	31
2021	£251,250	£3,719	30
2020	£220,502	£3,394	30
2019	£232,460	£3,395	25
2018	£232,807	£3,752	35
2017	£223,946	£3,292	28
2016	£199,938	£3,122	32
2015	£186,570	£2,729	34
2014	£165,604	£2,483	33
2013	£144,532	£2,207	23
2012	£130,652	£2,119	23
2011	£139,966	£2,069	29
2010	£135,053	£2,140	19
2009	£126,680	£1,914	18
2008	£142,441	£2,224	17
2007	£151,250	£2,400	48
2006	£139,100	£2,069	38
2005	£134,839	£2,118	28
2004	£130,591	£2,024	57
2003	£120,546	£1,879	43
2002	£96,597	£1,582	50
2001	£78,149	£1,129	65
2000	£67,977	£1,072	61
1999	£59,464	£909	58
1998	£50,790	£826	31
1997	£48,634	£765	44
1996	£42,337	£642	28
1995	£44,835	£669	30

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£412,500	£3,101	2
2023	£503,000	£4,196	4
2022	£585,000	£2,683	1
2021	£610,000	£3,196	4
2020	£490,167	£3,472	6
2019	£480,000	£3,354	3
2018	£565,000	£2,783	2
2017	£388,000	£3,210	8
2016	£409,111	£2,740	9
2015	£349,167	£2,754	9
2014	£366,429	£2,048	7
2013	£335,636	£2,295	11
2012	£289,600	£2,249	5
2011	£315,000	£2,113	2
2010	£425,000	£1,458	2
2009	£170,750	£2,568	2
2008	£249,995		1
2007	£304,750	£2,159	6
2006	£277,263	£2,050	9
2005	£340,667	£1,589	6
2004	£244,500	£1,785	4
2003	£253,000	£1,812	4
2002	£230,417	£1,398	9
2001	£170,900	£1,233	10
2000	£189,865	£1,136	13
1999	£154,875	£965	8
1998	£131,461	£888	13
1997	£119,250	£809	8
1996	£117,750	£785	4
1995	£97,333	£708	6

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£17,900	£593	2
2019	£800	£14	1

House Type in ME5 8HQ area

The most common house types in the ME5 8HQ postcode area are Terraced (98), Semi-detached (23), and Detached (11).

Total	134
Terraced	98
Semi-detached	23
Detached	11
Flat	1
Shared house	1
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (68), and Owned: Owns outright (29).

Owned: Owns with a mortgage or loan	68
Owned: Owns outright	29
Private rented: Private landlord or letting agency	29
Private rented: Other private rented	3
Shared ownership: Shared ownership	2
Social rented: Rents from council or Local Authority	1
Does not apply	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the ME5 8HQ have 1 person in household (41), and 2 people in household (30).

1 person in household	41
2 people in household	30
3 people in household	30
4 people in household	27
5 people in household	4
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0