Are you looking to understand ME5 8LE 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 8LE area, explore the ME5 8LE Area information page.
For comprehensive crime statistics in the ME5 8LE area, explore the ME5 8LE Crime Rates page.
As per the latest sold houses in the ME5 8LE postcode area, The average prices are as follows,
Below table and chart gives the average ME5 8LE 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.
| Year | Avg. Price | Avg. Price/Sq. mtr | Sold |
|---|---|---|---|
| 2020 | £465,000 | £5,671 | 1 |
| 2019 | £407,500 | £4,970 | 1 |
| 2018 | £345,000 | £3,482 | 1 |
| 2016 | £245,000 | £3,831 | 1 |
| 2015 | £297,000 | £3,622 | 1 |
| 2004 | £227,000 | £2,372 | 2 |
| 2002 | £138,000 | £2,464 | 1 |
| 2001 | £143,000 | 1 | |
| 1999 | £138,500 | £1,398 | 1 |
| 1996 | £105,000 | 1 | |
| 1995 | £84,500 | 1 | |
| 2024 | £350,000 | £6,250 | 1 |
See the table below for more details on the sold house prices in the ME5 8LE, Medway postcode.
| Address | Sold Date | Price | % Change |
|---|---|---|---|
| 3 SCARLETT CLOSEDetached, FreeholdArea: 82 Sq.mtrAge: 1991-1995 | 06 Oct 2020 | £465,000 | 14.11% |
| 14 May 2019 | £407,500 | 37.21% | |
| 22 May 2015 | £297,000 | First Sale | |
| 11 SCARLETT CLOSEDetached, FreeholdArea: 99.09 Sq.mtrAge: 1983-1990 | 11 May 2018 | £345,000 | 46.81% |
| 02 Jul 2004 | £235,000 | 69.68% | |
| 01 Nov 1999 | £138,500 | First Sale | |
| 12 SCARLETT CLOSEDetached, FreeholdArea: 63.96 Sq.mtrAge: 1983-1990 | 17 Nov 2016 | £245,000 | First Sale |
| 1 SCARLETT CLOSEDetached, Freehold | 06 Feb 2004 | £219,000 | 53.15% |
| 29 Jun 2001 | £143,000 | 69.23% | |
| 10 Apr 1995 | £84,500 | First Sale | |
| 5 SCARLETT CLOSEDetached, FreeholdArea: 56 Sq.mtrAge: 1991-1995 | 19 Aug 2002 | £138,000 | -60.57% |
| 05 Mar 2024 | £350,000 | First Sale | |
| 10 SCARLETT CLOSEDetached, Freehold | 12 Aug 1996 | £105,000 | First Sale |
Check out the sold house prices near the ME5 8LE postcode. Properties currently for saleProperties currently for rent
This Interactive map can help you visualize the nearby sold house in the ME5 8LE postcode area
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 8LE postcode.
| Year | Avg. Price | Avg. Price/Sq. mtr | Sold |
|---|---|---|---|
| 2024 | £291,556 | £3,011 | 9 |
| 2023 | £276,544 | £4,038 | 17 |
| 2022 | £272,136 | £4,241 | 22 |
| 2021 | £237,864 | £3,639 | 33 |
| 2020 | £244,818 | £3,686 | 22 |
| 2019 | £218,317 | £3,473 | 26 |
| 2018 | £215,586 | £3,352 | 21 |
| 2017 | £214,793 | £3,274 | 29 |
| 2016 | £200,237 | £3,163 | 30 |
| 2015 | £181,480 | £2,869 | 25 |
| 2014 | £150,872 | £2,524 | 36 |
| 2013 | £135,302 | £2,177 | 24 |
| 2012 | £144,919 | £1,955 | 16 |
| 2011 | £134,125 | £2,047 | 18 |
| 2010 | £129,017 | £1,989 | 15 |
| 2009 | £121,548 | £2,012 | 15 |
| 2008 | £140,676 | £2,179 | 17 |
| 2007 | £151,209 | £2,408 | 44 |
| 2006 | £136,122 | £2,113 | 57 |
| 2005 | £128,499 | £2,092 | 36 |
| 2004 | £123,389 | £2,116 | 52 |
| 2003 | £117,977 | £1,891 | 54 |
| 2002 | £90,140 | £1,447 | 53 |
| 2001 | £73,999 | £1,229 | 51 |
| 2000 | £62,758 | £1,073 | 46 |
| 1999 | £53,834 | £867 | 49 |
| 1998 | £51,948 | £807 | 54 |
| 1997 | £46,423 | £796 | 36 |
| 1996 | £44,702 | £695 | 38 |
| 1995 | £42,509 | £665 | 26 |
| Year | Avg. Price | Avg. Price/Sq. mtr | Sold |
|---|---|---|---|
| 2024 | £414,625 | £6,250 | 8 |
| 2023 | £425,050 | £4,030 | 10 |
| 2022 | £433,300 | £4,461 | 10 |
| 2021 | £450,205 | £3,734 | 22 |
| 2020 | £415,083 | £3,988 | 12 |
| 2019 | £387,792 | £3,510 | 12 |
| 2018 | £352,286 | £3,757 | 14 |
| 2017 | £348,423 | £3,545 | 13 |
| 2016 | £316,588 | £3,281 | 17 |
| 2015 | £258,900 | £2,996 | 10 |
| 2014 | £238,538 | £2,807 | 13 |
| 2013 | £252,222 | £2,499 | 9 |
| 2012 | £248,029 | £2,390 | 17 |
| 2011 | £242,714 | £2,340 | 7 |
| 2010 | £255,900 | £2,289 | 10 |
| 2009 | £211,333 | £2,156 | 6 |
| 2008 | £213,522 | £1,953 | 9 |
| 2007 | £250,448 | £2,477 | 29 |
| 2006 | £237,865 | £2,232 | 36 |
| 2005 | £230,124 | £1,888 | 12 |
| 2004 | £207,146 | £2,329 | 29 |
| 2003 | £202,438 | £2,216 | 17 |
| 2002 | £178,092 | £1,737 | 27 |
| 2001 | £139,130 | £1,477 | 25 |
| 2000 | £138,690 | £1,223 | 21 |
| 1999 | £116,843 | £1,134 | 32 |
| 1998 | £103,738 | £1,103 | 21 |
| 1997 | £91,909 | £906 | 22 |
| 1996 | £98,659 | £788 | 22 |
| 1995 | £74,844 | £883 | 18 |
| Year | Avg. Price | Avg. Price/Sq. mtr | Sold |
|---|---|---|---|
| 2024 | £282,875 | £4,785 | 4 |
| 2023 | £299,923 | £4,836 | 13 |
| 2022 | £310,300 | £4,974 | 20 |
| 2021 | £318,071 | £3,997 | 21 |
| 2020 | £306,246 | £3,949 | 13 |
| 2019 | £260,861 | £3,651 | 18 |
| 2018 | £258,077 | £3,937 | 22 |
| 2017 | £243,036 | £3,730 | 14 |
| 2016 | £242,542 | £3,279 | 24 |
| 2015 | £213,107 | £2,931 | 14 |
| 2014 | £187,382 | £2,773 | 19 |
| 2013 | £159,368 | £2,568 | 19 |
| 2012 | £157,545 | £2,165 | 11 |
| 2011 | £159,650 | £2,264 | 10 |
| 2010 | £166,667 | £2,352 | 12 |
| 2009 | £158,333 | £2,368 | 15 |
| 2008 | £180,000 | £2,259 | 10 |
| 2007 | £169,234 | £2,740 | 36 |
| 2006 | £160,889 | £2,148 | 44 |
| 2005 | £147,000 | £2,226 | 32 |
| 2004 | £153,730 | £2,100 | 39 |
| 2003 | £134,948 | £2,063 | 40 |
| 2002 | £104,096 | £1,582 | 36 |
| 2001 | £92,344 | £1,279 | 50 |
| 2000 | £80,302 | £1,190 | 46 |
| 1999 | £67,500 | £1,082 | 37 |
| 1998 | £58,862 | £920 | 44 |
| 1997 | £60,093 | £856 | 39 |
| 1996 | £52,846 | £667 | 30 |
| 1995 | £52,171 | £786 | 29 |
| Year | Avg. Price | Avg. Price/Sq. mtr | Sold |
|---|---|---|---|
| 2024 | £5,900,000 | 1 | |
| 2022 | £1,630,000 | £18,953 | 1 |
| 2021 | £195,000 | 1 | |
| 2019 | £3,600 | 1 | |
| 2017 | £440,000 | 1 | |
| 2016 | £301,500 | £4,136 | 2 |
| Year | Avg. Price | Avg. Price/Sq. mtr | Sold |
|---|---|---|---|
| 2016 | £105,000 | £2,283 | 2 |
| 2015 | £80,000 | £1,481 | 1 |
| 2014 | £85,750 | £1,924 | 2 |
| 2004 | £88,000 | £1,630 | 1 |
| 2003 | £66,498 | £1,278 | 2 |
| 2002 | £59,000 | £1,283 | 1 |
| 1999 | £29,500 | £641 | 1 |
| 1995 | £12,375 | £221 | 1 |
The most common house types in the ME5 8LE postcode area are Detached (95), Terraced (17), and Semi-detached (6).
| Total | 118 |
| Detached | 95 |
| Terraced | 17 |
| Semi-detached | 6 |
| Flat | 0 |
| Shared house | 0 |
| converted building | 0 |
| commercial building | 0 |
| temporary structure | 0 |
As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (62), and Owned: Owns outright (44).
| Owned: Owns with a mortgage or loan | 62 |
| Owned: Owns outright | 44 |
| Private rented: Private landlord or letting agency | 8 |
| Shared ownership: Shared ownership | 1 |
| Social rented: Rents from council or Local Authority | 1 |
| Social rented: Other social rented | 1 |
| Does not apply | 0 |
| Private rented: Other private rented | 0 |
| Lives rent free | 0 |
The most houses in the ME5 8LE have 2 people in household (39), and 4 people in household (30).
| 2 people in household | 39 |
| 4 people in household | 30 |
| 3 people in household | 24 |
| 1 person in household | 14 |
| 5 people in household | 7 |
| 6 people in household | 2 |
| 0 people in household | 0 |
| 7 people in household | 0 |
| 8 or more people in household | 0 |