Housing Market Analysis for LORDS WOOD LANE, ME5 8QY

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £216,839 median price is £200,000 Standard Deviation is £91,028 with Total Sold: 14
    • The Last 5 Year average price is £310,833 with Total Sold: 6
    • The most recent sale happened at this postcode is 609 LORDS WOOD LANE: £300,000 (Sold on 27 Nov 2023)
    • The first recorded sale happened at this postcode is 611 LORDS WOOD LANE: £84,000 (Sold on 25 Sep 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 8QY 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£315,000 £4,046 2
2022£350,000 £4,795 1
2021£267,500 £3,497 2
2019£350,000 £2,574 1
2014£200,000 £2,410 1
2007£185,000 £2,229 1
2005£150,000 £1,875 1
2004£175,000 £1,791 2
2001£117,750 £1,419 1
1998£84,000 £1,012 2

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

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

AddressSold DatePrice% Change
609 LORDS WOOD LANESemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1967-197527 Nov 2023£300,000100.00%
11 Jul 2005£150,000First Sale
629 LORDS WOOD LANESemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1950-196620 Jul 2023£330,000First Sale
625 LORDS WOOD LANESemi-Detached, FreeholdArea: 73 Sq.mtrAge: 1967-197519 Aug 2022£350,000133.33%
30 Jan 2004£150,000First Sale
613 LORDS WOOD LANESemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1930-194915 Jun 2021£273,000First Sale
619 LORDS WOOD LANESemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1967-197508 Jan 2021£262,000First Sale
607 LORDS WOOD LANESemi-Detached, FreeholdArea: 136 Sq.mtrAge: 1950-196604 Sep 2019£350,00075.00%
12 May 2004£200,000First Sale
615 LORDS WOOD LANESemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1967-197522 Sep 2014£200,0008.11%
14 Dec 2007£185,00057.11%
26 Nov 2001£117,75040.18%
27 Nov 1998£84,000First Sale
611 LORDS WOOD LANESemi-Detached, Freehold25 Sep 1998£84,000First Sale

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

LORDS WOOD LANE, ME5 8QY Near By properties

Interactive Map

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

  • Detached
    • The average price is around £236,783 median price is £215,000 Standard Deviation is £135,389 with Total Sold: 321
    • The Last 5 Year average price is £425,863 with Total Sold: 51
    • The most recent sale happened at this postcode is , 56A DARGETS ROAD: £424,500 (Sold on 11 Sep 2024)
    • The first recorded sale happened at this postcode is , 79 BOXLEY ROAD: £101,000 (Sold on 28 Feb 1995)
  • Terraced
    • The average price is around £144,577 median price is £135,375 Standard Deviation is £74,786 with Total Sold: 1,108
    • The Last 5 Year average price is £255,082 with Total Sold: 169
    • The most recent sale happened at this postcode is , 22 BROMLEY CLOSE: £275,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 9 MOONSTONE DRIVE: £36,000 (Sold on 19 Jan 1995)
  • Semi-Detached
    • The average price is around £171,459 median price is £162,000 Standard Deviation is £92,291 with Total Sold: 1,181
    • The Last 5 Year average price is £309,830 with Total Sold: 182
    • The most recent sale happened at this postcode is , 60 CROYDON CLOSE: £310,000 (Sold on 03 Sep 2024)
    • The first recorded sale happened at this postcode is , 531 LORDS WOOD LANE: £51,000 (Sold on 11 Jan 1995)
  • Flat
    • The average price is around £101,494 median price is £97,000 Standard Deviation is £89,390 with Total Sold: 449
    • The Last 5 Year average price is £211,540 with Total Sold: 54
    • The most recent sale happened at this postcode is , 2 HORNBEAM AVENUE: £95,000 (Sold on 21 Aug 2024)
    • The first recorded sale happened at this postcode is 2, KATHERINE COURT DARGETS ROAD: £30,000 (Sold on 28 Apr 1995)
  • Other
    • The average price is around £192,722 median price is £159,000 Standard Deviation is £195,403 with Total Sold: 16
    • The Last 5 Year average price is £269,875 with Total Sold: 8
    • The most recent sale happened at this postcode is , 7I SMITH ROAD: £100,000 (Sold on 05 Feb 2024)
    • The first recorded sale happened at this postcode is GARAGE, 3 SAVAGE ROAD: £1,000 (Sold on 26 Aug 2016)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£436,857 £4,217 7
2023£430,250 £4,563 8
2022£436,400 £4,966 5
2021£460,368 £4,250 19
2020£350,800 £4,589 5
2019£362,286 £3,359 7
2018£408,000 £3,144 8
2017£364,111 £3,582 9
2016£309,500 £3,246 15
2015£300,100 £2,944 10
2014£274,375 £2,785 12
2013£244,000 £2,457 11
2012£263,292 £2,284 12
2011£226,750 £2,532 8
2010£249,667 £2,481 6
2009£219,444 £2,855 9
2008£230,000 £4,120 1
2007£227,462 £2,436 13
2006£202,393 £2,507 14
2005£211,000 £1,928 8
2004£204,357 £1,923 21
2003£193,856 £1,998 14
2002£140,750 £1,075 12
2001£138,566 £1,344 15
2000£123,032 £1,037 14
1999£116,222 £935 18
1998£87,750 £879 10
1997£99,454 £696 11
1996£72,318 £796 11
1995£77,250 £641 8
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£273,5569
2023£273,607 £3,630 23
2022£286,141 £3,954 32
2021£246,352 £3,337 43
2020£240,300 £3,157 30
2019£231,103 £3,068 32
2018£228,503 £3,140 32
2017£234,109 £2,995 39
2016£220,566 £2,722 38
2015£176,436 £2,518 38
2014£164,656 £2,187 48
2013£152,814 £1,972 35
2012£144,760 £1,899 25
2011£142,791 £1,800 24
2010£138,587 £1,856 23
2009£123,576 £1,645 23
2008£149,521 £2,178 24
2007£148,674 £1,987 50
2006£148,655 £1,943 48
2005£136,282 £1,866 31
2004£131,221 £1,881 50
2003£120,375 £1,597 53
2002£98,581 £1,298 54
2001£77,902 £1,046 75
2000£68,263 £934 60
1999£59,362 £802 40
1998£53,444 £709 41
1997£50,326 £662 37
1996£43,990 £644 24
1995£42,859 £576 27
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£320,067 £3,540 15
2023£323,426 £4,308 34
2022£348,917 £4,005 29
2021£314,710 £3,620 44
2020£272,339 £3,516 33
2019£282,907 £3,254 27
2018£272,588 £3,558 34
2017£264,422 £3,143 40
2016£266,458 £2,895 36
2015£220,874 £2,727 43
2014£207,964 £2,486 28
2013£181,206 £2,248 39
2012£167,768 £2,070 27
2011£165,659 £2,092 22
2010£175,528 £1,958 18
2009£165,634 £2,165 26
2008£178,410 £2,110 19
2007£180,445 £2,252 58
2006£173,490 £1,913 54
2005£169,065 £1,946 46
2004£157,203 £1,972 60
2003£142,329 £1,702 50
2002£115,371 £1,400 55
2001£100,781 £1,216 53
2000£87,469 £1,126 49
1999£72,343 £842 56
1998£65,293 £810 56
1997£59,543 £733 57
1996£56,295 £641 39
1995£53,515 £613 34
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£187,286 £3,613 7
2023£383,375 £3,397 8
2022£207,970 £3,272 11
2021£172,000 £2,884 15
2020£185,500 £3,069 4
2019£159,500 £2,731 9
2018£170,600 £3,036 10
2017£154,774 £2,569 21
2016£148,242 £2,546 12
2015£127,444 £2,203 9
2014£124,944 £2,167 18
2013£107,038 £1,795 13
2012£102,800 £1,742 15
2011£95,812 £1,861 8
2010£110,062 £1,790 8
2009£101,000 £1,764 5
2008£116,062 £1,811 8
2007£117,155 £2,071 11
2006£110,177 £1,852 29
2005£105,638 £1,750 18
2004£102,100 £1,759 20
2003£88,829 £1,554 19
2002£68,922 £1,238 34
2001£50,610 £833 27
2000£46,072 £774 29
1999£38,906 £715 24
1998£35,437 £611 24
1997£31,813 £531 18
1996£30,357 £409 7
1995£34,000 £618 8
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£100,0001
2023£288,000 £4,067 3
2021£397,500 £4,005 2
2019£200,000 £3,020 2
2018£347,0002
2017£76,333 £1,505 3
2016£517 £3 3

House Type in ME5 8QY area

The most common house types in the ME5 8QY postcode area are Semi-detached (80), Terraced (21), and Flat (19).

Total124
Semi-detached80
Terraced21
Flat19
Detached4
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 outright (52), and Owned: Owns with a mortgage or loan (33).

Owned: Owns outright52
Owned: Owns with a mortgage or loan33
Social rented: Other social rented27
Private rented: Private landlord or letting agency10
Social rented: Rents from council or Local Authority1
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the ME5 8QY have 1 person in household (45), and 2 people in household (43).

1 person in household45
2 people in household43
3 people in household21
4 people in household12
5 people in household3
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0