Housing Market Analysis for ARCHER ROAD, ME5 8LH

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £264,625 median price is £244,500 Standard Deviation is £98,394 with Total Sold: 4
    • The Last 5 Year average price is £417,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 3 ARCHER ROAD: £417,500 (Sold on 22 Nov 2023)
    • The first recorded sale happened at this postcode is 3 ARCHER ROAD: £152,000 (Sold on 10 Nov 2000)
  • Terraced
    • The average price is around £145,000 median price is £103,000 Standard Deviation is £103,173 with Total Sold: 5
    • The Last 5 Year average price is £327,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 7 ARCHER ROAD: £327,500 (Sold on 09 Dec 2021)
    • The first recorded sale happened at this postcode is 11 ARCHER ROAD: £55,000 (Sold on 15 Sep 1995)
  • Semi-Detached
    • The average price is around £72,500 median price is £72,500 Standard Deviation is £14,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 4 ARCHER ROAD: £87,000 (Sold on 05 Jan 2001)
    • The first recorded sale happened at this postcode is 4 ARCHER ROAD: £58,000 (Sold on 08 May 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 8LH 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
2023£417,500 £3,728 1
2007£275,000 £2,455 1
2006£214,0001
2000£152,000 £1,357 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£327,500 £4,962 1
2007£186,000 £2,818 1
2002£103,000 £1,585 1
1998£53,5001
1995£55,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2001£87,000 £1,338 1
1998£58,000 £892 1

All the Sales in the ARCHER ROAD, ME5 8LH

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

AddressSold DatePrice% Change
3 ARCHER ROADDetached, FreeholdArea: 112 Sq.mtrAge: 1983-199022 Nov 2023£417,50051.82%
10 Aug 2007£275,00080.92%
10 Nov 2000£152,000First Sale
7 ARCHER ROADTerraced, FreeholdArea: 66 Sq.mtrAge: 1983-199009 Dec 2021£327,50076.08%
05 Jul 2007£186,000First Sale
5 ARCHER ROADDetached, Freehold12 May 2006£214,000First Sale
10 ARCHER ROADTerraced, FreeholdArea: 65 Sq.mtrAge: 1983-199017 May 2002£103,000First Sale
4 ARCHER ROADSemi-Detached, FreeholdArea: 65 Sq.mtrAge: 1991-199505 Jan 2001£87,00050.00%
08 May 1998£58,000First Sale
8 ARCHER ROADTerraced, Freehold14 Aug 1998£53,500First Sale
11 ARCHER ROADTerraced, Freehold15 Sep 1995£55,000First Sale

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

ARCHER ROAD, ME5 8LH Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £126,697 median price is £124,000 Standard Deviation is £68,038 with Total Sold: 1,471
    • The Last 5 Year average price is £241,426 with Total Sold: 183
    • 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 £145,427 median price is £134,500 Standard Deviation is £84,667 with Total Sold: 927
    • The Last 5 Year average price is £296,002 with Total Sold: 107
    • The most recent sale happened at this postcode is , 17 MONARCH CLOSE: £320,000 (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 £223,327 median price is £213,250 Standard Deviation is £118,055 with Total Sold: 598
    • The Last 5 Year average price is £420,217 with Total Sold: 83
    • The most recent sale happened at this postcode is , 19 RYEGRASS CLOSE: £645,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 57 ROMNEY ROAD: £59,995 (Sold on 20 Jan 1995)
  • Other
    • The average price is around £1,134,200 median price is £361,000 Standard Deviation is £1,861,060 with Total Sold: 8
    • The Last 5 Year average price is £1,606,120 with Total Sold: 5
    • The most recent sale happened at this postcode is , PETROL FILLING STATION PRINCES AVENUE: £5,900,000 (Sold on 24 Apr 2024)
    • The first recorded sale happened at this postcode is , 368 LORDS WOOD LANE: £183,000 (Sold on 23 Sep 2016)
  • Flat
    • The average price is around £75,192 median price is £71,000 Standard Deviation is £30,394 with Total Sold: 95
    • The Last 5 Year average price is £103,300 with Total Sold: 15
    • The most recent sale happened at this postcode is FLAT 4, APPOLLO HOUSE ILLUSTRIOUS CLOSE: £120,000 (Sold on 10 Feb 2023)
    • The first recorded sale happened at this postcode is , 44 DOVE CLOSE: £40,000 (Sold on 10 May 1996)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£272,818 £3,011 11
2023£269,350 £4,184 25
2022£260,681 £4,209 36
2021£232,619 £3,706 42
2020£232,017 £3,657 30
2019£213,622 £3,640 39
2018£207,293 £3,481 30
2017£210,696 £3,322 46
2016£195,842 £3,223 58
2015£174,039 £2,877 38
2014£151,645 £2,516 51
2013£134,525 £2,314 40
2012£136,280 £2,001 30
2011£130,808 £2,091 26
2010£129,118 £2,028 19
2009£121,361 £2,201 20
2008£136,645 £2,284 31
2007£146,753 £2,426 70
2006£135,014 £2,217 75
2005£128,200 £2,099 60
2004£120,709 £2,099 74
2003£114,654 £1,895 79
2002£89,811 £1,533 76
2001£72,859 £1,204 80
2000£62,703 £1,075 73
1999£53,125 £890 86
1998£51,471 £820 80
1997£47,249 £793 67
1996£44,429 £712 39
1995£42,242 £681 40
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£296,643 £4,785 7
2023£296,933 £4,840 15
2022£309,478 £4,780 23
2021£306,278 £3,952 27
2020£295,071 £3,963 17
2019£263,222 £3,720 18
2018£255,029 £3,917 24
2017£245,531 £3,729 16
2016£244,759 £3,277 29
2015£208,632 £2,943 19
2014£190,289 £2,727 22
2013£159,886 £2,555 22
2012£161,409 £2,136 11
2011£158,458 £2,240 12
2010£161,929 £2,332 14
2009£156,555 £2,325 18
2008£173,029 £2,336 17
2007£170,389 £2,666 41
2006£163,522 £2,188 51
2005£145,139 £2,228 36
2004£151,776 £2,120 47
2003£133,909 £2,039 45
2002£106,230 £1,570 52
2001£90,803 £1,295 60
2000£80,006 £1,178 54
1999£67,598 £1,032 50
1998£61,080 £917 52
1997£59,012 £812 52
1996£53,430 £686 41
1995£51,492 £791 35
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£414,625 £6,250 8
2023£420,045 £4,078 11
2022£432,750 £4,410 12
2021£441,560 £3,821 25
2020£410,000 £3,942 13
2019£384,179 £3,471 14
2018£350,438 £3,689 16
2017£344,656 £3,462 16
2016£317,833 £3,321 21
2015£258,091 £3,001 11
2014£239,941 £2,687 17
2013£254,091 £2,424 11
2012£247,447 £2,393 19
2011£225,900 £2,369 10
2010£255,363 £2,282 11
2009£208,286 £2,095 7
2008£213,522 £1,953 9
2007£250,241 £2,481 31
2006£234,955 £2,204 41
2005£210,643 £1,905 16
2004£206,141 £2,329 30
2003£197,997 £2,128 21
2002£177,050 £1,740 30
2001£138,058 £1,442 30
2000£138,759 £1,241 27
1999£113,506 £1,120 40
1998£98,821 £1,047 28
1997£89,480 £888 25
1996£94,333 £812 27
1995£77,105 £879 21
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£5,900,0001
2022£966,000 £11,697 2
2021£195,0001
2019£3,6001
2017£440,0001
2016£301,500 £4,136 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£120,000 £3,750 1
2022£105,250 £2,110 4
2021£97,750 £2,045 2
2020£107,000 £2,466 4
2019£96,250 £2,083 4
2018£90,000 £1,832 2
2017£202,500 £3,682 1
2016£118,000 £2,504 4
2015£70,650 £1,556 5
2014£79,438 £1,754 4
2013£80,000 £1,509 1
2012£69,000 £1,388 3
2011£71,167 £1,453 3
2010£65,000 £1,477 1
2009£82,150 £1,681 5
2008£78,188 £1,583 4
2007£82,6673
2006£72,000 £1,389 3
2005£72,0002
2004£88,833 £1,723 3
2003£64,811 £1,321 8
2002£66,161 £1,478 9
2001£45,511 £1,193 8
2000£54,500 £1,111 2
1999£29,292 £849 6
1998£60,000 £1,154 1
1997£42,000 £808 1
1996£40,0001

House Type in ME5 8LH area

The most common house types in the ME5 8LH postcode area are Detached (95), Terraced (17), and Semi-detached (6).

Total118
Detached95
Terraced17
Semi-detached6
Flat0
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 (62), and Owned: Owns outright (44).

Owned: Owns with a mortgage or loan62
Owned: Owns outright44
Private rented: Private landlord or letting agency8
Shared ownership: Shared ownership1
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 8LH have 2 people in household (39), and 4 people in household (30).

2 people in household39
4 people in household30
3 people in household24
1 person in household14
5 people in household7
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0