Housing Market Analysis for PEACOCK RISE, ME5 8RN

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

Overview of Sold House prices

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

Detached
- The average price is around £281,480 median price is £281,500 Standard Deviation is £79,795 with Total Sold: 26
- The Last 5 Year average price is £398,750 with Total Sold: 4
- The most recent sale happened at this postcode is 24 PEACOCK RISE: £490,000 (Sold on 07 Sep 2022)
- The first recorded sale happened at this postcode is 11 PEACOCK RISE: £195,000 (Sold on 30 Mar 2001)
Semi-Detached
- The average price is around £213,518 median price is £187,000 Standard Deviation is £73,552 with Total Sold: 27
- The Last 5 Year average price is £331,600 with Total Sold: 5
- The most recent sale happened at this postcode is 6 PEACOCK RISE: £348,000 (Sold on 04 Mar 2022)
- The first recorded sale happened at this postcode is 5 PEACOCK RISE: £385,000 (Sold on 12 Oct 2023)
Terraced
- The average price is around £185,665 median price is £190,000 Standard Deviation is £31,993 with Total Sold: 3
- The most recent sale happened at this postcode is 7 PEACOCK RISE: £222,500 (Sold on 30 Nov 2007)
- The first recorded sale happened at this postcode is 3 PEACOCK RISE: £144,495 (Sold on 03 Sep 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 8RN 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£490,000	£3,289	1
2021	£395,000	£2,862	1
2019	£355,000	£2,707	2
2018	£417,000	£2,743	1
2017	£320,000	£2,148	1
2016	£290,000	£2,185	1
2015	£314,000	£2,617	1
2014	£310,000	£2,583	1
2012	£280,000	£1,991	1
2009	£250,000	£1,678	1
2007	£297,500	£2,290	2
2006	£289,000	£1,941	2
2005	£226,000	£1,587	1
2004	£268,250	£1,775	2
2003	£250,000	£1,778	1
2002	£227,998	£1,645	2
2001	£180,199	£1,525	5

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£348,000	£3,080	1
2021	£312,500	£3,316	2
2020	£300,000	£3,903	1
2017	£285,000	£3,708	1
2016	£281,000	£2,456	2
2015	£272,500	£2,006	1
2013	£177,500	£2,309	1
2007	£204,000	£2,654	2
2005	£185,000	£1,913	3
2004	£186,498	£1,538	2
2003	£178,000	£1,780	1
2002	£167,000	£1,478	2
2001	£139,798	£1,434	5
2000	£131,500	£1,176	2
2023	£385,000	£4,096	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2007	£222,500	£1,902	1
2005	£190,000	£1,610	1
2001	£144,495	£1,225	1

All the Sales in the PEACOCK RISE, ME5 8RN

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

Address	Sold Date	Price	% Change
24 PEACOCK RISEDetached, FreeholdArea: 149 Sq.mtrAge: 1996-2002	07 Sep 2022	£490,000	96.00%
	16 Feb 2009	£250,000	-5.48%
	07 May 2004	£264,500	28.40%
	07 Jun 2001	£205,995	First Sale
6 PEACOCK RISESemi-Detached, FreeholdArea: 113 Sq.mtrAge: 1996-2002	04 Mar 2022	£348,000	78.46%
	27 May 2005	£195,000	11.43%
	20 Dec 2002	£175,000	10.06%
	05 Apr 2002	£159,000	First Sale
8 PEACOCK RISESemi-Detached, FreeholdArea: 111 Sq.mtrAge: 1996-2002	28 Sep 2021	£338,000	20.71%
	16 Feb 2016	£280,000	40.00%
	26 Oct 2004	£199,995	42.85%
	30 Mar 2001	£140,000	First Sale
14 PEACOCK RISEDetached, FreeholdArea: 138 Sq.mtrAge: 1996-2002	26 Apr 2021	£395,000	First Sale
9 PEACOCK RISESemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1996-2002	08 Mar 2021	£287,000	65.90%
	15 Aug 2005	£173,000	29.11%
	18 May 2001	£133,995	First Sale
10 PEACOCK RISESemi-Detached, FreeholdArea: 76.87 Sq.mtrAge: 1996-2002	18 Dec 2020	£300,000	5.26%
	27 Jan 2017	£285,000	60.56%
	07 May 2013	£177,500	-12.56%
	07 Sep 2007	£203,000	-0.98%
	31 Aug 2007	£205,000	First Sale
22 PEACOCK RISEDetached, FreeholdArea: 149 Sq.mtrAge: 2007 onwards	29 Nov 2019	£310,000	-3.12%
	22 Sep 2017	£320,000	First Sale
20 PEACOCK RISEDetached, FreeholdArea: 120 Sq.mtrAge: 1996-2002	08 Jul 2019	£400,000	29.03%
	26 Sep 2014	£310,000	First Sale
26 PEACOCK RISEDetached, FreeholdArea: 152 Sq.mtrAge: 1996-2002	26 Feb 2018	£417,000	41.36%
	01 Dec 2006	£295,000	18.00%
	05 Apr 2002	£249,995	First Sale
16 PEACOCK RISEDetached, FreeholdArea: 132.73 Sq.mtrAge: 1996-2002	29 Feb 2016	£290,000	First Sale
3 PEACOCK RISESemi-Detached, FreeholdArea: 118 Sq.mtrAge: 1996-2002	29 Jan 2016	£282,000	48.42%
	31 Mar 2005	£190,000	31.49%
	03 Sep 2001	£144,495	First Sale
4 PEACOCK RISESemi-Detached, FreeholdArea: 135.84 Sq.mtrAge: 1996-2002	24 Jul 2015	£272,500	57.51%
	12 Feb 2004	£173,000	33.08%
	27 Dec 2000	£130,000	First Sale
19 PEACOCK RISEDetached, FreeholdArea: 120 Sq.mtrAge: 1996-2002	30 Apr 2015	£314,000	10.18%
	08 Jun 2007	£285,000	42.50%
	28 Sep 2001	£200,000	First Sale
23 PEACOCK RISEDetached, FreeholdArea: 140.63 Sq.mtrAge: 2003-2006	06 Jul 2012	£280,000	-9.68%
	29 Oct 2007	£310,000	24.00%
	17 Oct 2003	£250,000	First Sale
7 PEACOCK RISETerraced, FreeholdArea: 117 Sq.mtrAge: 1996-2002	30 Nov 2007	£222,500	First Sale
25 PEACOCK RISEDetached, Freehold	19 Dec 2006	£283,000	4.04%
25 PEACOCK RISEDetached, Freehold	21 Oct 2004	£272,000	First Sale
2 PEACOCK RISESemi-Detached, FreeholdArea: 101 Sq.mtrAge: 2007 onwards	05 Oct 2005	£187,000	33.57%
	28 Sep 2001	£140,000	5.26%
	01 Dec 2000	£133,000	First Sale
12 PEACOCK RISEDetached, FreeholdArea: 142.44 Sq.mtrAge: 2003-2006	26 Apr 2005	£226,000	First Sale
1 PEACOCK RISESemi-Detached, FreeholdArea: 100 Sq.mtrAge: 1996-2002	20 Oct 2003	£178,000	18.67%
	22 Oct 2001	£149,995	11.11%
	31 Jan 2001	£135,000	First Sale
15 PEACOCK RISEDetached, Freehold	06 Sep 2002	£206,000	First Sale
18 PEACOCK RISEDetached, Freehold	01 Aug 2001	£200,000	First Sale
17 PEACOCK RISEDetached, Freehold	29 Jun 2001	£100,000	First Sale
11 PEACOCK RISEDetached, Freehold	30 Mar 2001	£195,000	First Sale
5 PEACOCK RISESemi-Detached, FreeholdArea: 94 Sq.mtrAge: 1996-2002	12 Oct 2023	£385,000	First Sale

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

PEACOCK RISE, ME5 8RN Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £166,733 median price is £157,000 Standard Deviation is £93,149 with Total Sold: 1,152
- The Last 5 Year average price is £309,630 with Total Sold: 184
- The most recent sale happened at this postcode is , 9 EARL CLOSE: £330,000 (Sold on 18 Sep 2024)
- The first recorded sale happened at this postcode is , 531 LORDS WOOD LANE: £51,000 (Sold on 11 Jan 1995)
Terraced
- The average price is around £143,710 median price is £136,500 Standard Deviation is £74,007 with Total Sold: 1,425
- The Last 5 Year average price is £253,608 with Total Sold: 215
- 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 , 127 PRINCES AVENUE: £38,000 (Sold on 06 Jan 1995)
Flat
- The average price is around £103,180 median price is £101,000 Standard Deviation is £54,905 with Total Sold: 162
- The Last 5 Year average price is £168,160 with Total Sold: 25
- The most recent sale happened at this postcode is , 17 GOAD AVENUE: £208,000 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 1 SMITH ROAD: £38,000 (Sold on 12 May 1995)
Detached
- The average price is around £222,834 median price is £215,000 Standard Deviation is £109,022 with Total Sold: 745
- The Last 5 Year average price is £380,893 with Total Sold: 114
- The most recent sale happened at this postcode is , 380 LORDS WOOD LANE: £410,000 (Sold on 05 Aug 2024)
- The first recorded sale happened at this postcode is , 48 GATCOMBE CLOSE: £72,000 (Sold on 20 Jan 1995)
Other
- The average price is around £219,073 median price is £218,000 Standard Deviation is £177,342 with Total Sold: 13
- The Last 5 Year average price is £329,857 with Total Sold: 7
- 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 , 368 LORDS WOOD LANE: £183,000 (Sold on 23 Sep 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£333,538	£4,072	13
2023	£325,250	£3,985	26
2022	£353,742	£3,974	33
2021	£307,074	£3,611	47
2020	£284,750	£3,529	32
2019	£271,561	£3,299	33
2018	£279,926	£3,422	34
2017	£275,804	£3,149	28
2016	£250,911	£2,916	27
2015	£229,962	£2,656	40
2014	£194,766	£2,531	21
2013	£180,674	£2,100	23
2012	£167,321	£1,838	14
2011	£166,769	£2,113	13
2010	£178,444	£2,161	18
2009	£164,095	£1,936	21
2008	£183,413	£2,136	23
2007	£178,792	£2,290	61
2006	£174,133	£2,064	51
2005	£163,656	£1,962	45
2004	£152,127	£1,902	51
2003	£148,788	£1,835	57
2002	£114,240	£1,472	58
2001	£105,292	£1,247	59
2000	£88,228	£1,017	50
1999	£74,464	£892	66
1998	£70,017	£811	53
1997	£60,009	£765	52
1996	£57,910	£646	64
1995	£55,538	£703	39

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£239,727	£3,374	11
2023	£283,038	£3,892	39
2022	£283,679	£3,860	39
2021	£250,125	£3,296	53
2020	£223,979	£3,125	36
2019	£228,832	£3,075	37
2018	£235,236	£3,129	35
2017	£232,807	£2,984	45
2016	£212,000	£2,890	54
2015	£190,371	£2,614	48
2014	£162,042	£2,279	47
2013	£141,136	£2,019	35
2012	£143,749	£1,906	41
2011	£142,900	£2,023	20
2010	£144,783	£1,868	30
2009	£142,583	£1,956	21
2008	£153,833	£2,174	33
2007	£152,526	£2,191	72
2006	£150,867	£2,003	73
2005	£138,113	£1,880	50
2004	£131,767	£1,895	72
2003	£118,801	£1,678	65
2002	£101,189	£1,456	68
2001	£78,776	£1,105	85
2000	£68,523	£992	71
1999	£58,452	£811	65
1998	£53,794	£755	55
1997	£49,283	£734	59
1996	£46,560	£609	25
1995	£45,431	£619	41

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£208,000		1
2023	£188,000	£3,291	5
2022	£168,722	£2,893	9
2021	£172,500	£3,332	5
2020	£125,000	£3,220	2
2019	£141,667	£2,820	3
2018	£188,188	£2,824	8
2017	£185,286	£2,614	7
2016	£143,250	£2,516	4
2015	£100,500	£1,853	3
2014	£111,877	£2,115	4
2013	£111,833	£1,881	6
2012	£112,250	£1,934	4
2011	£112,000	£1,462	1
2010	£113,750	£1,849	2
2009	£102,000	£1,759	1
2008	£115,333	£1,971	6
2007	£107,250	£2,043	6
2006	£100,150	£1,955	10
2005	£91,000	£1,855	4
2004	£103,333	£1,781	9
2003	£81,895	£1,670	13
2002	£58,856	£1,314	7
2001	£48,717	£899	13
2000	£51,600	£925	5
1999	£34,306	£705	9
1998	£36,832	£686	6
1997	£34,299	£576	5
1996	£28,000	£651	1
1995	£32,333	£547	3

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£420,000	£3,740	9
2023	£390,088	£4,261	17
2022	£409,906	£4,286	16
2021	£373,616	£3,620	28
2020	£349,658	£3,424	19
2019	£373,880	£3,331	25
2018	£364,395	£3,592	19
2017	£355,867	£3,259	15
2016	£310,831	£3,095	32
2015	£293,980	£2,702	25
2014	£247,761	£2,365	23
2013	£239,240	£2,178	25
2012	£214,389	£2,236	18
2011	£221,333	£2,303	18
2010	£240,557	£2,183	13
2009	£216,147	£2,117	17
2008	£242,950	£2,539	10
2007	£233,013	£2,331	38
2006	£229,758	£2,263	41
2005	£221,530	£2,096	30
2004	£211,282	£2,085	31
2003	£201,233	£1,986	19
2002	£164,730	£1,793	29
2001	£141,038	£1,374	39
2000	£124,023	£1,215	33
1999	£104,958	£1,025	44
1998	£97,433	£944	30
1997	£96,471	£893	28
1996	£87,902	£813	27
1995	£74,028	£841	27

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£100,000		1
2023	£288,000	£4,067	3
2022	£345,000	£4,539	2
2020	£655,000	£9,924	1
2017	£88,875	£1,061	4
2016	£91,725	£2,775	2

House Type in ME5 8RN area

The most common house types in the ME5 8RN postcode area are Detached (64), Terraced (57), and Semi-detached (35).

Total	166
Detached	64
Terraced	57
Semi-detached	35
Flat	9
Shared house	1
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 (95), and Owned: Owns outright (47).

Owned: Owns with a mortgage or loan	95
Owned: Owns outright	47
Private rented: Private landlord or letting agency	19
Private rented: Other private rented	4
Shared ownership: Shared ownership	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the ME5 8RN have 2 people in household (53), and 3 people in household (36).

2 people in household	53
3 people in household	36
1 person in household	29
4 people in household	28
5 people in household	15
6 people in household	5
0 people in household	0
7 people in household	0
8 or more people in household	0