Are you looking to understand ME5 8QL 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 8QL area, explore the ME5 8QL Area information page.
For comprehensive crime statistics in the ME5 8QL area, explore the ME5 8QL Crime Rates page.
As per the latest sold houses in the ME5 8QL postcode area, The average prices are as follows,
Below table and chart gives the average ME5 8QL 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 |
|---|---|---|---|
| 2022 | £465,000 | £4,515 | 1 |
| 2016 | £310,000 | £2,696 | 1 |
| 2010 | £228,000 | £1,952 | 1 |
| 2005 | £186,000 | 1 | |
| 2003 | £197,000 | £1,990 | 1 |
| 1997 | £91,000 | 1 | |
| 1996 | £67,000 | 1 |
See the table below for more details on the sold house prices in the ME5 8QL, Medway postcode.
| Address | Sold Date | Price | % Change |
|---|---|---|---|
| 1 REDWOOD CLOSEDetached, FreeholdArea: 103 Sq.mtrAge: 1967-1975 | 20 Jan 2022 | £465,000 | First Sale |
| 4 REDWOOD CLOSEDetached, FreeholdArea: 115 Sq.mtrAge: 1967-1975 | 22 Apr 2016 | £310,000 | First Sale |
| 5 REDWOOD CLOSEDetached, FreeholdArea: 116.78 Sq.mtrAge: 1967-1975 | 21 May 2010 | £228,000 | First Sale |
| 12 REDWOOD CLOSEDetached, Freehold | 25 Feb 2005 | £186,000 | First Sale |
| 10 REDWOOD CLOSEDetached, FreeholdArea: 99 Sq.mtrAge: 1967-1975 | 31 Jan 2003 | £197,000 | First Sale |
| 9 REDWOOD CLOSEDetached, Freehold | 07 Feb 1997 | £91,000 | First Sale |
| 6 REDWOOD CLOSEDetached, Freehold | 14 Jul 1996 | £67,000 | First Sale |
Check out the sold house prices near the ME5 8QL postcode. Properties currently for saleProperties currently for rent
This Interactive map can help you visualize the nearby sold house in the ME5 8QL 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 8QL postcode.
| Year | Avg. Price | Avg. Price/Sq. mtr | Sold |
|---|---|---|---|
| 2024 | £329,864 | 11 | |
| 2023 | £332,056 | £4,494 | 18 |
| 2022 | £342,364 | £4,012 | 22 |
| 2021 | £318,625 | £3,564 | 38 |
| 2020 | £270,581 | £3,435 | 21 |
| 2019 | £305,588 | £3,366 | 17 |
| 2018 | £274,875 | £3,604 | 20 |
| 2017 | £271,727 | £3,188 | 33 |
| 2016 | £276,080 | £2,952 | 25 |
| 2015 | £231,133 | £2,878 | 27 |
| 2014 | £217,000 | £2,569 | 26 |
| 2013 | £187,263 | £2,397 | 23 |
| 2012 | £158,296 | £2,086 | 16 |
| 2011 | £184,316 | £2,139 | 19 |
| 2010 | £179,107 | £2,023 | 14 |
| 2009 | £169,103 | £2,500 | 14 |
| 2008 | £179,831 | £2,162 | 19 |
| 2007 | £181,794 | £2,209 | 41 |
| 2006 | £170,077 | £2,030 | 39 |
| 2005 | £170,461 | £1,921 | 26 |
| 2004 | £162,084 | £2,027 | 38 |
| 2003 | £143,436 | £1,611 | 39 |
| 2002 | £115,624 | £1,476 | 36 |
| 2001 | £97,287 | £1,224 | 39 |
| 2000 | £91,402 | £1,182 | 31 |
| 1999 | £72,788 | £899 | 32 |
| 1998 | £69,458 | £850 | 43 |
| 1997 | £60,744 | £709 | 45 |
| 1996 | £58,738 | £705 | 21 |
| 1995 | £57,109 | £633 | 25 |
| Year | Avg. Price | Avg. Price/Sq. mtr | Sold |
|---|---|---|---|
| 2024 | £408,111 | £4,217 | 9 |
| 2023 | £443,458 | £4,365 | 12 |
| 2022 | £508,147 | £4,219 | 17 |
| 2021 | £528,870 | £4,178 | 23 |
| 2020 | £396,682 | £4,269 | 11 |
| 2019 | £397,911 | £3,492 | 14 |
| 2018 | £424,786 | £3,617 | 21 |
| 2017 | £415,048 | £3,652 | 21 |
| 2016 | £355,259 | £3,307 | 27 |
| 2015 | £333,269 | £2,802 | 13 |
| 2014 | £328,500 | £2,824 | 16 |
| 2013 | £307,269 | £2,521 | 13 |
| 2012 | £301,500 | £2,130 | 10 |
| 2011 | £258,643 | £2,601 | 7 |
| 2010 | £276,900 | £2,584 | 10 |
| 2009 | £233,500 | £2,164 | 11 |
| 2008 | £453,625 | £4,120 | 4 |
| 2007 | £240,100 | £2,248 | 15 |
| 2006 | £251,406 | £2,555 | 16 |
| 2005 | £261,808 | £1,991 | 13 |
| 2004 | £233,695 | £2,078 | 32 |
| 2003 | £230,395 | £1,905 | 24 |
| 2002 | £176,143 | £1,506 | 21 |
| 2001 | £158,630 | £1,492 | 23 |
| 2000 | £135,809 | £1,169 | 16 |
| 1999 | £127,364 | £1,054 | 22 |
| 1998 | £117,048 | £1,007 | 21 |
| 1997 | £96,972 | £860 | 18 |
| 1996 | £86,642 | £838 | 14 |
| 1995 | £91,937 | £830 | 15 |
| Year | Avg. Price | Avg. Price/Sq. mtr | Sold |
|---|---|---|---|
| 2024 | £272,750 | 8 | |
| 2023 | £282,167 | £3,518 | 18 |
| 2022 | £300,138 | £3,830 | 29 |
| 2021 | £259,556 | £3,358 | 27 |
| 2020 | £240,706 | £3,142 | 17 |
| 2019 | £237,774 | £3,190 | 27 |
| 2018 | £229,535 | £3,042 | 30 |
| 2017 | £239,958 | £3,023 | 30 |
| 2016 | £218,855 | £2,610 | 31 |
| 2015 | £181,122 | £2,552 | 29 |
| 2014 | £173,242 | £2,282 | 35 |
| 2013 | £157,250 | £2,000 | 32 |
| 2012 | £137,781 | £1,962 | 16 |
| 2011 | £143,726 | £1,856 | 23 |
| 2010 | £145,941 | £1,908 | 18 |
| 2009 | £127,833 | £1,659 | 21 |
| 2008 | £151,444 | £2,031 | 18 |
| 2007 | £159,240 | £1,932 | 32 |
| 2006 | £151,260 | £1,982 | 42 |
| 2005 | £134,469 | £1,721 | 16 |
| 2004 | £132,032 | £1,818 | 34 |
| 2003 | £121,605 | £1,627 | 42 |
| 2002 | £99,424 | £1,315 | 37 |
| 2001 | £79,706 | £1,023 | 58 |
| 2000 | £71,354 | £959 | 46 |
| 1999 | £62,556 | £802 | 31 |
| 1998 | £56,024 | £747 | 31 |
| 1997 | £53,356 | £657 | 29 |
| 1996 | £46,113 | £726 | 19 |
| 1995 | £45,142 | £594 | 22 |
| Year | Avg. Price | Avg. Price/Sq. mtr | Sold |
|---|---|---|---|
| 2024 | £146,500 | £3,194 | 2 |
| 2023 | £408,143 | £3,399 | 7 |
| 2022 | £209,458 | £3,278 | 8 |
| 2021 | £166,143 | £2,819 | 14 |
| 2020 | £184,000 | £3,018 | 3 |
| 2019 | £151,312 | £2,668 | 8 |
| 2018 | £166,500 | £3,079 | 6 |
| 2017 | £154,412 | £2,575 | 20 |
| 2016 | £156,627 | £2,577 | 11 |
| 2015 | £128,357 | £2,270 | 7 |
| 2014 | £124,749 | £2,161 | 14 |
| 2013 | £101,214 | £1,746 | 7 |
| 2012 | £100,115 | £1,699 | 13 |
| 2011 | £93,500 | £1,918 | 7 |
| 2010 | £109,599 | £1,743 | 5 |
| 2009 | £97,667 | £1,645 | 3 |
| 2008 | £111,583 | £1,779 | 6 |
| 2007 | £117,025 | £2,109 | 8 |
| 2006 | £109,125 | £1,789 | 21 |
| 2005 | £105,030 | £1,731 | 16 |
| 2004 | £99,582 | £1,742 | 12 |
| 2003 | £88,078 | £1,534 | 16 |
| 2002 | £69,346 | £1,219 | 27 |
| 2001 | £49,840 | £830 | 22 |
| 2000 | £45,221 | £775 | 23 |
| 1999 | £35,798 | £662 | 21 |
| 1998 | £34,567 | £578 | 15 |
| 1997 | £30,857 | £508 | 13 |
| 1996 | £29,583 | £409 | 6 |
| 1995 | £32,500 | £600 | 8 |
| Year | Avg. Price | Avg. Price/Sq. mtr | Sold |
|---|---|---|---|
| 2024 | £350,000 | 1 | |
| 2021 | £375,000 | £4,121 | 1 |
| 2019 | £200,000 | £3,020 | 2 |
| 2018 | £347,000 | 2 | |
| 2017 | £3,750 | £24 | 2 |
| 2016 | £188,700 | £1,032 | 3 |
The most common house types in the ME5 8QL postcode area are Terraced (48), Semi-detached (40), and Detached (24).
| Total | 112 |
| Terraced | 48 |
| Semi-detached | 40 |
| Detached | 24 |
| 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 outright (46), and Owned: Owns with a mortgage or loan (42).
| Owned: Owns outright | 46 |
| Owned: Owns with a mortgage or loan | 42 |
| Private rented: Private landlord or letting agency | 11 |
| Social rented: Other social rented | 10 |
| Private rented: Other private rented | 2 |
| Does not apply | 0 |
| Shared ownership: Shared ownership | 0 |
| Social rented: Rents from council or Local Authority | 0 |
| Lives rent free | 0 |
The most houses in the ME5 8QL have 2 people in household (37), and 1 person in household (21).
| 2 people in household | 37 |
| 1 person in household | 21 |
| 4 people in household | 21 |
| 3 people in household | 17 |
| 5 people in household | 10 |
| 6 people in household | 7 |
| 7 people in household | 1 |
| 0 people in household | 0 |
| 8 or more people in household | 0 |