Housing Market Analysis for SEVERN ROAD, ME5 8JN

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £136,523 median price is £109,498 Standard Deviation is £78,503 with Total Sold: 30
- The Last 5 Year average price is £302,333 with Total Sold: 3
- The most recent sale happened at this postcode is 5 SEVERN ROAD: £310,000 (Sold on 25 May 2023)
- The first recorded sale happened at this postcode is 14 SEVERN ROAD: £52,500 (Sold on 02 Jul 1995)
Terraced
- The average price is around £96,600 median price is £77,000 Standard Deviation is £51,821 with Total Sold: 5
- The most recent sale happened at this postcode is 31 SEVERN ROAD: £178,000 (Sold on 11 Sep 2015)
- The first recorded sale happened at this postcode is 33 SEVERN ROAD: £40,000 (Sold on 25 Apr 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 8JN 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£310,000	£6,739	1
2022	£298,500	£6,456	2
2018	£249,200	£5,417	1
2016	£277,500	£3,265	1
2014	£155,000	£2,583	1
2013	£185,000	£3,199	2
2009	£140,667	£3,062	3
2008	£160,000	£3,091	1
2007	£160,000	£3,478	1
2006	£153,000	£3,326	1
2005	£135,000		1
2001	£84,874	£1,884	4
2000	£86,495	£1,880	2
1999	£77,375	£1,745	4
1998	£53,750	£1,022	2
1997	£62,500	£1,000	2
1995	£52,500		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2015	£178,000	£3,236	1
2006	£134,000		1
2001	£77,000	£1,481	1
1998	£54,000		1
1997	£40,000		1

All the Sales in the SEVERN ROAD, ME5 8JN

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

Address	Sold Date	Price	% Change
5 SEVERN ROADSemi-Detached, FreeholdArea: 46 Sq.mtrAge: 1967-1975	25 May 2023	£310,000	273.52%
	25 Feb 2000	£82,995	First Sale
1 SEVERN ROADSemi-Detached, FreeholdArea: 46 Sq.mtrAge: 1967-1975	07 Oct 2022	£317,000	86.47%
	25 Nov 2013	£170,000	First Sale
7 SEVERN ROADSemi-Detached, FreeholdArea: 46.5 Sq.mtrAge: 1983-1990	04 Aug 2022	£280,000	212.85%
	21 Dec 1999	£89,500	88.42%
	06 Oct 1998	£47,500	First Sale
15 SEVERN ROADSemi-Detached, FreeholdArea: 46 Sq.mtrAge: 1967-1975	01 Jun 2018	£249,200	246.11%
	12 Feb 1999	£72,000	First Sale
11 SEVERN ROADSemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1967-1975	16 Dec 2016	£277,500	285.42%
	18 Sep 1997	£72,000	First Sale
31 SEVERN ROADTerraced, FreeholdArea: 55 Sq.mtrAge: 1983-1990	11 Sep 2015	£178,000	First Sale
17 SEVERN ROADSemi-Detached, FreeholdArea: 60 Sq.mtrAge: 1983-1990	25 Feb 2014	£155,000	First Sale
19 SEVERN ROADSemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1983-1990	25 Nov 2013	£200,000	First Sale
27 SEVERN ROADSemi-Detached, FreeholdArea: 46 Sq.mtrAge: 1976-1982	18 Dec 2009	£148,000	-3.27%
	14 Sep 2006	£153,000	70.01%
	08 Sep 2000	£89,995	First Sale
16 SEVERN ROADSemi-Detached, FreeholdArea: 45.9 Sq.mtrAge: 1967-1975	29 May 2009	£129,000	First Sale
4 SEVERN ROADSemi-Detached, FreeholdArea: 45.91 Sq.mtrAge: 1983-1990	06 Feb 2009	£145,000	67.63%
	20 Apr 2001	£86,500	First Sale
29 SEVERN ROADSemi-Detached, FreeholdArea: 51.76 Sq.mtrAge: 1967-1975	24 Oct 2008	£160,000	First Sale
25 SEVERN ROADSemi-Detached, FreeholdArea: 46 Sq.mtrAge: 1983-1990	09 Nov 2007	£160,000	First Sale
33 SEVERN ROADTerraced, Freehold	17 Oct 2006	£134,000	148.15%
	26 Jun 1998	£54,000	35.00%
	25 Apr 1997	£40,000	First Sale
14 SEVERN ROADSemi-Detached, Freehold	19 Aug 2005	£135,000	157.14%
14 SEVERN ROADSemi-Detached, Freehold	02 Jul 1995	£52,500	First Sale
39 SEVERN ROADTerraced, FreeholdArea: 52 Sq.mtrAge: 1991-1995	20 Jul 2001	£77,000	First Sale
21 SEVERN ROADSemi-Detached, Freehold	30 May 2001	£84,995	First Sale
10 SEVERN ROADSemi-Detached, Freehold	11 May 2001	£85,000	First Sale
3 SEVERN ROADSemi-Detached, Freehold	30 Jan 2001	£83,000	First Sale
23 SEVERN ROADSemi-Detached, Freehold	15 Oct 1999	£79,000	First Sale
2 SEVERN ROADSemi-Detached, Freehold	07 Jul 1999	£69,000	First Sale
12 SEVERN ROADSemi-Detached, Freehold	06 Feb 1998	£60,000	First Sale
8 SEVERN ROADSemi-Detached, FreeholdArea: 46 Sq.mtrAge: 1976-1982	17 Jan 1997	£53,000	First Sale

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

SEVERN ROAD, ME5 8JN Near By properties

Interactive Map

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

Terraced
- The average price is around £130,872 median price is £126,995 Standard Deviation is £70,119 with Total Sold: 1,375
- The Last 5 Year average price is £246,717 with Total Sold: 184
- The most recent sale happened at this postcode is , 17 SHACKLETON CLOSE: £264,000 (Sold on 11 Sep 2024)
- The first recorded sale happened at this postcode is , 33 BURMARSH CLOSE: £42,500 (Sold on 20 Jan 1995)
Semi-Detached
- The average price is around £148,100 median price is £135,000 Standard Deviation is £87,165 with Total Sold: 975
- The Last 5 Year average price is £297,294 with Total Sold: 118
- The most recent sale happened at this postcode is , 32 SCOTBY AVENUE: £385,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 4 WEY CLOSE: £49,000 (Sold on 20 Jan 1995)
Detached
- The average price is around £218,846 median price is £214,500 Standard Deviation is £110,639 with Total Sold: 504
- The Last 5 Year average price is £398,035 with Total Sold: 71
- 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 , 57 ROMNEY ROAD: £59,995 (Sold on 20 Jan 1995)
Flat
- The average price is around £85,075 median price is £82,000 Standard Deviation is £47,828 with Total Sold: 135
- The Last 5 Year average price is £153,011 with Total Sold: 23
- The most recent sale happened at this postcode is , 11 SHEPPERTON CLOSE: £165,000 (Sold on 23 Feb 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 £585,750 median price is £301,500 Standard Deviation is £613,693 with Total Sold: 4
- The Last 5 Year average price is £1,630,000 with Total Sold: 1
- The most recent sale happened at this postcode is , 221 LORDS WOOD LANE: £1,630,000 (Sold on 05 Aug 2022)
- The first recorded sale happened at this postcode is , 368 LORDS WOOD LANE: £183,000 (Sold on 23 Sep 2016)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£266,846	£2,687	13
2023	£277,546	£4,048	27
2022	£266,839	£4,208	28
2021	£236,537	£3,646	41
2020	£242,853	£3,534	34
2019	£219,677	£3,459	41
2018	£212,628	£3,402	34
2017	£212,816	£3,327	38
2016	£201,480	£3,093	46
2015	£179,622	£2,891	37
2014	£152,968	£2,529	49
2013	£137,514	£2,131	35
2012	£141,093	£1,963	29
2011	£129,946	£2,035	24
2010	£132,830	£1,920	25
2009	£124,722	£2,003	18
2008	£142,403	£2,146	31
2007	£150,345	£2,304	61
2006	£138,698	£2,120	73
2005	£129,240	£2,069	52
2004	£123,409	£2,033	75
2003	£116,580	£1,798	79
2002	£91,830	£1,479	69
2001	£72,946	£1,163	71
2000	£63,031	£1,044	67
1999	£53,582	£857	77
1998	£51,414	£805	68
1997	£46,757	£753	59
1996	£43,799	£676	45
1995	£43,164	£665	29

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£305,929	£4,785	7
2023	£297,029	£4,630	17
2022	£310,429	£4,799	28
2021	£311,667	£3,799	27
2020	£290,853	£3,741	19
2019	£262,825	£3,590	20
2018	£267,490	£3,844	30
2017	£251,190	£3,578	21
2016	£244,700	£3,303	30
2015	£221,476	£2,846	21
2014	£187,034	£2,701	25
2013	£161,727	£2,513	22
2012	£157,385	£2,160	13
2011	£155,115	£2,244	13
2010	£164,308	£2,336	13
2009	£154,333	£2,412	18
2008	£184,266	£2,138	15
2007	£167,822	£2,615	44
2006	£160,523	£2,178	49
2005	£144,400	£2,202	40
2004	£152,053	£2,130	46
2003	£133,797	£2,040	52
2002	£102,233	£1,580	47
2001	£93,019	£1,271	63
2000	£80,734	£1,150	57
1999	£66,647	£1,029	52
1998	£59,581	£924	48
1997	£57,485	£827	56
1996	£52,225	£687	45
1995	£51,648	£776	37

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£385,250	£6,250	8
2023	£405,611	£4,145	9
2022	£433,444	£4,467	9
2021	£410,079	£3,793	19
2020	£383,636	£4,005	11
2019	£374,367	£3,547	15
2018	£361,000	£3,737	15
2017	£329,955	£3,708	11
2016	£316,062	£3,269	16
2015	£260,615	£2,973	13
2014	£239,041	£2,801	12
2013	£241,450	£2,342	10
2012	£240,382	£2,344	17
2011	£238,150	£2,322	10
2010	£228,333	£2,364	9
2009	£226,857	£2,196	7
2008	£198,338	£1,953	8
2007	£243,055	£2,511	27
2006	£236,857	£2,308	35
2005	£225,790	£1,990	12
2004	£205,079	£2,304	28
2003	£194,023	£2,113	19
2002	£157,296	£1,734	27
2001	£138,894	£1,482	26
2000	£127,750	£1,191	20
1999	£106,008	£1,130	29
1998	£89,975	£1,079	20
1997	£93,477	£906	22
1996	£90,952	£818	21
1995	£69,655	£867	19

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£165,000		1
2023	£170,833	£3,555	6
2022	£153,929	£3,445	7
2021	£151,062	£3,546	4
2020	£140,000	£4,161	3
2019	£113,750	£3,233	2
2018	£135,500	£3,895	4
2017	£126,250	£2,991	4
2016	£109,200	£2,737	5
2015	£97,500	£2,110	2
2014	£93,916	£2,259	6
2013	£78,000	£1,947	1
2012	£100,667	£1,782	3
2011	£82,000	£2,228	1
2008	£116,500	£2,016	4
2007	£120,665	£2,447	3
2006	£88,750	£2,334	6
2005	£87,500	£2,196	5
2004	£82,248	£2,025	10
2003	£76,999	£1,770	9
2002	£57,277	£1,373	9
2001	£42,943	£1,130	9
2000	£38,038	£1,069	9
1999	£30,833	£849	9
1998	£26,750	£910	2
1997	£19,125	£544	2
1996	£24,500	£473	2
1995	£25,196	£578	7

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£1,630,000	£18,953	1
2018	£110,000	£2,683	1
2016	£301,500	£4,136	2

House Type in ME5 8JN area

The most common house types in the ME5 8JN postcode area are Semi-detached (75), Detached (25), and Terraced (21).

Total	122
Semi-detached	75
Detached	25
Terraced	21
Flat	1
Shared house	0
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 outright (55), and Owned: Owns with a mortgage or loan (42).

Owned: Owns outright	55
Owned: Owns with a mortgage or loan	42
Private rented: Private landlord or letting agency	22
Private rented: Other private rented	5
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the ME5 8JN have 2 people in household (47), and 1 person in household (35).

2 people in household	47
1 person in household	35
3 people in household	24
4 people in household	9
5 people in household	7
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0