Housing Market Analysis for LORDS WOOD LANE, ME5 8RA

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £170,952 median price is £132,000 Standard Deviation is £93,294 with Total Sold: 29
- The Last 5 Year average price is £326,400 with Total Sold: 5
- The most recent sale happened at this postcode is 711 LORDS WOOD LANE: £325,000 (Sold on 22 Mar 2024)
- The first recorded sale happened at this postcode is 671 LORDS WOOD LANE: £55,000 (Sold on 11 Oct 1996)
Terraced
- The average price is around £191,725 median price is £164,250 Standard Deviation is £97,508 with Total Sold: 10
- The Last 5 Year average price is £297,333 with Total Sold: 3
- The most recent sale happened at this postcode is 681 LORDS WOOD LANE: £355,000 (Sold on 12 Mar 2021)
- The first recorded sale happened at this postcode is 653 LORDS WOOD LANE: £63,750 (Sold on 03 Sep 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 8RA 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£325,000		1
2022	£348,500	£3,533	2
2021	£305,000	£3,084	2
2018	£280,000	£4,058	1
2017	£244,250	£3,392	2
2016	£245,000	£2,552	1
2015	£165,100	£2,144	1
2014	£200,000	£2,899	1
2010	£198,500		1
2008	£183,500	£2,016	1
2007	£167,000	£2,088	1
2003	£122,667	£1,635	3
2002	£101,333		3
2001	£102,667	£1,286	3
2000	£91,000		1
1999	£83,500		1
1998	£65,750	£829	2
1997	£57,000	£792	1
1996	£55,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£355,000	£3,455	1
2020	£267,000	£2,934	1
2019	£270,000	£3,649	1
2018	£312,500	£3,041	1
2009	£140,000	£1,363	1
2006	£185,000	£1,927	1
2003	£143,500	£1,604	1
2001	£90,250	£972	2
1998	£63,750	£664	1

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

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

Address	Sold Date	Price	% Change
711 LORDS WOOD LANESemi-Detached, Freehold	22 Mar 2024	£325,000	396.18%
711 LORDS WOOD LANESemi-Detached, Freehold	12 Jun 1998	£65,500	First Sale
703 LORDS WOOD LANESemi-Detached, FreeholdArea: 114 Sq.mtrAge: 1967-1975	05 Oct 2022	£347,000	First Sale
631 LORDS WOOD LANESemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1967-1975	06 May 2022	£350,000	16.67%
	16 Apr 2021	£300,000	172.73%
	08 Oct 2001	£110,000	First Sale
693 LORDS WOOD LANESemi-Detached, FreeholdArea: 114 Sq.mtrAge: 1950-1966	04 Jun 2021	£310,000	First Sale
681 LORDS WOOD LANETerraced, FreeholdArea: 102.75 Sq.mtrAge: 1967-1975	12 Mar 2021	£355,000	13.60%
	23 Nov 2018	£312,500	123.21%
	26 Jun 2009	£140,000	First Sale
695 LORDS WOOD LANETerraced, FreeholdArea: 91 Sq.mtrAge: 1976-1982	30 Oct 2020	£267,000	First Sale
635 LORDS WOOD LANETerraced, FreeholdArea: 74 Sq.mtrAge: 1967-1975	02 Dec 2019	£270,000	First Sale
687 LORDS WOOD LANESemi-Detached, FreeholdArea: 69 Sq.mtrAge: 1967-1975	21 Jun 2018	£280,000	40.00%
	27 Jun 2014	£200,000	First Sale
669 LORDS WOOD LANESemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1967-1975	29 Sep 2017	£262,000	100.00%
	16 Sep 2003	£131,000	First Sale
689 LORDS WOOD LANESemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1967-1975	27 Jan 2017	£226,500	297.37%
	09 Sep 1997	£57,000	First Sale
653 LORDS WOOD LANESemi-Detached, FreeholdArea: 96 Sq.mtrAge: 1950-1966	12 Aug 2016	£245,000	32.43%
	31 May 2006	£185,000	190.20%
	03 Sep 1998	£63,750	First Sale
659 LORDS WOOD LANESemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1967-1975	20 Mar 2015	£165,100	65.10%
	11 Dec 2001	£100,000	First Sale
663 LORDS WOOD LANESemi-Detached, Freehold	18 Aug 2010	£198,500	First Sale
647 LORDS WOOD LANESemi-Detached, FreeholdArea: 91.02 Sq.mtrAge: 1967-1975	04 Jan 2008	£183,500	39.02%
	28 Mar 2003	£132,000	First Sale
673 LORDS WOOD LANESemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1967-1975	30 Nov 2007	£167,000	First Sale
697 LORDS WOOD LANETerraced, FreeholdArea: 89.48 Sq.mtrAge: 1967-1975	05 Sep 2003	£143,500	64.94%
	31 May 2001	£87,000	First Sale
667 LORDS WOOD LANESemi-Detached, Freehold	06 Jan 2003	£105,000	First Sale
705 LORDS WOOD LANESemi-Detached, Freehold	17 May 2002	£104,000	14.29%
705 LORDS WOOD LANESemi-Detached, Freehold	06 Oct 2000	£91,000	First Sale
707 LORDS WOOD LANESemi-Detached, Freehold	25 Apr 2002	£114,000	First Sale
641 LORDS WOOD LANESemi-Detached, Freehold	09 Jan 2002	£86,000	30.30%
641 LORDS WOOD LANESemi-Detached, Freehold	13 Oct 1998	£66,000	First Sale
677 LORDS WOOD LANETerraced, Freehold	14 Dec 2001	£93,500	First Sale
643 LORDS WOOD LANESemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1967-1975	16 Nov 2001	£98,000	First Sale
651 LORDS WOOD LANESemi-Detached, Freehold	17 Dec 1999	£83,500	First Sale
671 LORDS WOOD LANESemi-Detached, Freehold	11 Oct 1996	£55,000	First Sale

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

LORDS WOOD LANE, ME5 8RA Near By properties

Interactive Map

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

Terraced
- The average price is around £144,698 median price is £136,000 Standard Deviation is £75,809 with Total Sold: 797
- The Last 5 Year average price is £256,126 with Total Sold: 118
- The most recent sale happened at this postcode is , 7 EXTON CLOSE: £340,000 (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 £172,088 median price is £162,000 Standard Deviation is £93,581 with Total Sold: 940
- The Last 5 Year average price is £310,750 with Total Sold: 134
- The most recent sale happened at this postcode is , 98 DARGETS ROAD: £430,000 (Sold on 03 Sep 2024)
- The first recorded sale happened at this postcode is , 56 BALLENS ROAD: £65,000 (Sold on 27 Jan 1995)
Flat
- The average price is around £99,432 median price is £94,000 Standard Deviation is £91,098 with Total Sold: 417
- The Last 5 Year average price is £208,121 with Total Sold: 51
- 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)
Detached
- The average price is around £265,113 median price is £237,500 Standard Deviation is £143,964 with Total Sold: 364
- The Last 5 Year average price is £439,112 with Total Sold: 58
- The most recent sale happened at this postcode is , 112 BALLENS ROAD: £580,000 (Sold on 19 Aug 2024)
- The first recorded sale happened at this postcode is , 79 BOXLEY ROAD: £101,000 (Sold on 28 Feb 1995)
Other
- The average price is around £292,662 median price is £90,000 Standard Deviation is £414,702 with Total Sold: 16
- The Last 5 Year average price is £433,889 with Total Sold: 9
- The most recent sale happened at this postcode is , THE KESTREL KESTREL ROAD: £1,010,000 (Sold on 02 Nov 2022)
- 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£262,143		7
2023	£267,281	£3,390	16
2022	£287,346	£3,912	26
2021	£245,760	£3,303	25
2020	£240,825	£3,215	20
2019	£236,662	£3,119	24
2018	£223,432	£3,013	28
2017	£240,713	£2,936	27
2016	£215,733	£2,566	30
2015	£172,887	£2,516	26
2014	£168,015	£2,206	32
2013	£151,804	£1,944	28
2012	£141,406	£1,909	16
2011	£142,690	£1,806	21
2010	£142,465	£1,828	16
2009	£122,974	£1,575	19
2008	£146,816	£2,054	19
2007	£150,840	£1,907	30
2006	£146,340	£1,953	41
2005	£134,475	£1,782	20
2004	£131,811	£1,826	34
2003	£120,485	£1,605	38
2002	£97,834	£1,230	35
2001	£76,894	£1,009	57
2000	£68,805	£926	42
1999	£60,353	£805	29
1998	£52,221	£676	28
1997	£50,958	£646	28
1996	£41,788	£674	17
1995	£42,569	£602	18

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£334,850	£3,851	10
2023	£324,435	£4,474	23
2022	£332,000	£3,904	21
2021	£317,561	£3,565	37
2020	£271,270	£3,586	23
2019	£293,450	£3,412	20
2018	£277,714	£3,653	28
2017	£272,931	£3,132	38
2016	£274,411	£2,944	28
2015	£226,988	£2,742	33
2014	£215,333	£2,551	27
2013	£183,782	£2,304	30
2012	£165,226	£2,098	21
2011	£175,100	£2,194	20
2010	£170,281	£1,909	16
2009	£171,411	£2,303	17
2008	£175,440	£2,118	20
2007	£181,824	£2,232	45
2006	£168,597	£1,848	41
2005	£171,432	£1,900	37
2004	£163,574	£2,071	43
2003	£137,102	£1,591	39
2002	£114,382	£1,376	45
2001	£102,118	£1,225	46
2000	£90,666	£1,184	39
1999	£70,927	£837	38
1998	£67,138	£835	50
1997	£60,109	£731	50
1996	£58,107	£691	28
1995	£54,472	£603	27

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£186,000	£3,613	6
2023	£383,375	£3,397	8
2022	£209,458	£3,278	8
2021	£169,250	£2,852	16
2020	£166,750	£2,850	4
2019	£153,389	£2,667	9
2018	£166,500	£3,079	6
2017	£147,464	£2,538	21
2016	£145,718	£2,433	11
2015	£121,200	£2,130	10
2014	£124,312	£2,165	16
2013	£107,227	£1,784	11
2012	£100,464	£1,698	14
2011	£95,167	£1,765	9
2010	£110,916	£1,763	6
2009	£99,000	£1,665	5
2008	£111,583	£1,779	6
2007	£115,558	£2,015	12
2006	£109,005	£1,785	27
2005	£103,360	£1,723	18
2004	£101,382	£1,726	17
2003	£87,986	£1,534	18
2002	£68,943	£1,206	29
2001	£50,787	£835	26
2000	£45,744	£768	27
1999	£36,770	£668	25
1998	£35,300	£599	20
1997	£31,332	£520	17
1996	£29,500	£394	7
1995	£32,500	£600	8

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£428,333	£3,429	6
2023	£430,722	£4,643	9
2022	£443,778	£4,647	9
2021	£483,714	£3,939	14
2020	£441,111	£4,039	9
2019	£389,636	£3,511	11
2018	£409,036	£3,569	14
2017	£377,000	£3,328	16
2016	£348,023	£3,324	22
2015	£315,556	£3,106	9
2014	£300,792	£2,892	12
2013	£346,818	£2,557	11
2012	£282,667	£2,259	12
2011	£195,700	£2,556	5
2010	£289,125	£2,567	8
2009	£200,833	£2,594	6
2008	£230,000	£4,120	1
2007	£249,650	£2,504	10
2006	£250,687	£2,636	18
2005	£293,000	£1,637	11
2004	£232,190	£2,070	21
2003	£227,529	£2,007	17
2002	£167,941	£1,412	17
2001	£145,421	£1,510	19
2000	£141,063	£1,185	15
1999	£124,750	£1,079	14
1998	£116,577	£1,000	13
1997	£99,593	£818	16
1996	£84,590	£837	11
1995	£92,375	£765	8

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£1,242,500	£34,382	2
2021	£310,000	£4,005	3
2019	£122,500	£1,540	4
2018	£347,000		2
2017	£3,750	£24	2
2016	£25,367	£1	3

House Type in ME5 8RA area

The most common house types in the ME5 8RA postcode area are Terraced (68), Semi-detached (42), and Flat (2).

Total	113
Terraced	68
Semi-detached	42
Flat	2
Detached	1
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (47), and Owned: Owns outright (40).

Owned: Owns with a mortgage or loan	47
Owned: Owns outright	40
Private rented: Private landlord or letting agency	17
Social rented: Other social rented	8
Social rented: Rents from council or Local Authority	2
Does not apply	0
Shared ownership: Shared ownership	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the ME5 8RA have 2 people in household (33), and 3 people in household (26).

2 people in household	33
3 people in household	26
4 people in household	23
1 person in household	19
5 people in household	9
6 people in household	2
7 people in household	1
0 people in household	0
8 or more people in household	0