Housing Market Analysis for LORDS WOOD LANE, ME5 8JP

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £410,833 median price is £490,000 Standard Deviation is £196,074 with Total Sold: 6
    • The most recent sale happened at this postcode is 797 LORDS WOOD LANE: £545,000 (Sold on 04 Nov 2015)
    • The first recorded sale happened at this postcode is 799 LORDS WOOD LANE: £125,000 (Sold on 26 Jan 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 8JP 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£568,333 £2,674 3
2007£470,000 £2,338 1
2003£165,000 £821 1
2001£125,0001

All the Sales in the LORDS WOOD LANE, ME5 8JP

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

AddressSold DatePrice% Change
797 LORDS WOOD LANEDetached, FreeholdArea: 219 Sq.mtrAge: 1996-200204 Nov 2015£545,000First Sale
799A LORDS WOOD LANEDetached, FreeholdArea: 201 Sq.mtrAge: 2003-200628 Aug 2015£510,0008.51%
25 Jun 2007£470,000184.85%
30 Apr 2003£165,000First Sale
803 LORDS WOOD LANEDetached, FreeholdArea: 217 Sq.mtrAge: 1996-200225 Jun 2015£650,000First Sale
799 LORDS WOOD LANEDetached, Freehold26 Jan 2001£125,000First Sale

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

LORDS WOOD LANE, ME5 8JP Near By properties

Interactive Map

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

  • Detached
    • The average price is around £272,338 median price is £241,750 Standard Deviation is £161,656 with Total Sold: 336
    • The Last 5 Year average price is £473,837 with Total Sold: 43
    • The most recent sale happened at this postcode is , 16 SANDSTONE RISE: £440,500 (Sold on 12 Aug 2024)
    • The first recorded sale happened at this postcode is , BRUSHWOOD BOXLEY ROAD: £160,000 (Sold on 21 Feb 1995)
  • Terraced
    • The average price is around £144,962 median price is £138,500 Standard Deviation is £71,972 with Total Sold: 939
    • The Last 5 Year average price is £258,138 with Total Sold: 108
    • The most recent sale happened at this postcode is , 128 BALLENS ROAD: £260,000 (Sold on 05 Aug 2024)
    • The first recorded sale happened at this postcode is , 12 SILVER TREE CLOSE: £71,000 (Sold on 17 Feb 1995)
  • Semi-Detached
    • The average price is around £157,738 median price is £135,000 Standard Deviation is £105,315 with Total Sold: 338
    • The Last 5 Year average price is £338,633 with Total Sold: 24
    • The most recent sale happened at this postcode is , 4 TRELAWN CRESCENT: £390,000 (Sold on 16 Jul 2024)
    • The first recorded sale happened at this postcode is , 2 HUNTERSFIELD CLOSE: £70,500 (Sold on 16 Jan 1995)
  • Flat
    • The average price is around £72,035 median price is £69,498 Standard Deviation is £35,377 with Total Sold: 154
    • The Last 5 Year average price is £102,163 with Total Sold: 19
    • The most recent sale happened at this postcode is , 3 SULTAN ROAD: £78,000 (Sold on 25 Jun 2024)
    • The first recorded sale happened at this postcode is , 45 SULTAN ROAD: £21,900 (Sold on 07 Apr 1995)
  • Other
    • The average price is around £902,131 median price is £275,000 Standard Deviation is £2,297,315 with Total Sold: 31
    • The Last 5 Year average price is £468,518 with Total Sold: 15
    • The most recent sale happened at this postcode is UNIT 3, BALLARD INDUSTRIAL CENTRE LORDSWOOD INDUSTRIAL ESTATE: £10,000 (Sold on 25 Sep 2023)
    • The first recorded sale happened at this postcode is , UNIT 29 LORDSWOOD INDUSTRIAL ESTATE: £255,000 (Sold on 30 Nov 2015)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£403,6676
2023£509,375 £3,844 4
2022£497,000 £4,630 13
2021£504,909 £3,787 11
2020£433,389 £3,854 9
2019£445,417 £3,755 6
2018£415,167 £3,617 15
2017£461,538 £3,715 13
2016£386,875 £3,429 8
2015£420,318 £2,831 11
2014£356,000 £2,885 5
2013£342,000 £2,654 9
2012£271,667 £2,259 6
2011£211,417 £2,336 6
2010£355,400 £2,080 5
2009£244,312 £2,203 8
2008£431,0002
2007£262,850 £2,449 10
2006£297,125 £2,532 12
2005£280,944 £2,127 11
2004£256,010 £2,196 25
2003£235,676 £1,801 17
2002£178,908 £1,706 22
2001£145,832 £1,518 12
2000£164,833 £1,295 12
1999£129,221 £1,126 17
1998£114,694 £970 18
1997£103,918 £953 11
1996£101,785 £847 14
1995£109,866 £839 18
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£249,2867
2023£272,083 £3,429 23
2022£284,413 £3,503 23
2021£252,375 £3,619 32
2020£228,630 £3,171 23
2019£238,365 £3,234 34
2018£232,244 £2,842 25
2017£229,680 £3,054 33
2016£210,862 £2,690 38
2015£180,412 £2,614 34
2014£167,500 £2,271 32
2013£153,836 £1,949 26
2012£137,605 £1,896 19
2011£145,596 £1,872 23
2010£146,997 £2,036 19
2009£128,761 £1,701 23
2008£152,876 £2,213 17
2007£156,693 £2,028 41
2006£146,702 £2,073 47
2005£134,572 £1,934 27
2004£134,591 £1,905 47
2003£124,041 £1,659 46
2002£92,720 £1,273 39
2001£80,109 £1,055 54
2000£70,072 £981 41
1999£64,228 £833 35
1998£57,062 £805 47
1997£53,666 £723 37
1996£47,630 £696 26
1995£46,393 £626 21
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£477,500 £3,404 2
2023£282,500 £4,804 2
2022£352,875 £4,494 8
2021£334,438 £3,722 8
2020£277,175 £2,871 4
2019£361,200 £3,303 5
2018£304,375 £3,609 8
2017£277,083 £3,759 12
2016£326,562 £3,246 8
2015£300,875 £3,000 4
2014£225,332 £2,788 6
2013£166,500 £2,849 1
2012£230,250 £2,446 2
2011£188,812 £2,265 8
2010£165,667 £2,146 9
2009£212,750 £2,729 6
2008£149,616 £2,198 9
2007£168,264 £2,244 17
2006£171,869 £2,318 23
2005£174,124 £2,116 12
2004£147,737 £1,858 18
2003£133,703 £1,878 22
2002£124,166 £1,692 27
2001£113,000 £1,344 15
2000£80,109 £1,201 9
1999£76,433 £1,031 19
1998£69,615 £981 13
1997£56,120 £630 25
1996£62,706 £840 17
1995£58,131 £758 19
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£87,600 £1,755 5
2023£81,000 £1,705 2
2022£93,150 £2,077 4
2021£141,833 £2,456 3
2020£108,600 £2,226 5
2019£97,800 £2,053 6
2018£95,940 £2,018 5
2017£96,243 £2,136 7
2016£129,667 £2,384 3
2015£94,520 £1,999 5
2014£77,923 £1,580 8
2013£62,250 £1,261 3
2012£75,833 £1,499 6
2011£73,590 £1,360 5
2010£63,000 £1,417 1
2009£74,750 £1,484 4
2008£69,998 £1,529 2
2007£92,440 £1,906 10
2006£85,917 £1,320 6
2005£76,248 £1,550 6
2004£66,388 £1,336 9
2003£69,285 £1,532 7
2002£59,166 £1,344 6
2001£44,839 £801 5
2000£31,119 £769 8
1999£27,611 £529 8
1998£31,012 £569 4
1997£26,333 £524 3
1996£24,000 £446 3
1995£22,295 £463 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£306,3333
2022£1,242,500 £34,382 2
2021£563,750 £4,026 4
2020£228,128 £3,269 6
2019£168,000 £61 5
2018£3,002,4402
2017£206,625 £24 4
2016£214,0003
2015£6,312,4582

House Type in ME5 8JP area

The most common house types in the ME5 8JP postcode area are Terraced (111), Semi-detached (13), and Flat (11).

Total146
Terraced111
Semi-detached13
Flat11
Detached10
converted building1
Shared house0
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 (66), and Owned: Owns outright (50).

Owned: Owns with a mortgage or loan66
Owned: Owns outright50
Private rented: Private landlord or letting agency25
Shared ownership: Shared ownership3
Social rented: Other social rented1
Private rented: Other private rented1
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the ME5 8JP have 2 people in household (43), and 1 person in household (38).

2 people in household43
1 person in household38
4 people in household32
3 people in household21
5 people in household11
8 or more people in household2
6 people in household1
0 people in household0
7 people in household0