Housing Market Analysis for ALBION ROAD, ME5 8SS

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £156,658 median price is £144,000 Standard Deviation is £70,526 with Total Sold: 19
    • The Last 5 Year average price is £236,417 with Total Sold: 6
    • The most recent sale happened at this postcode is 23 ALBION ROAD: £220,000 (Sold on 10 Nov 2023)
    • The first recorded sale happened at this postcode is 11 ALBION ROAD: £200,000 (Sold on 09 Nov 2023)
  • Detached
    • The average price is around £132,000 median price is £132,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 ALBION ROAD: £132,000 (Sold on 03 Nov 2005)
    • The first recorded sale happened at this postcode is 1 ALBION ROAD: £132,000 (Sold on 03 Nov 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 8SS 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£225,000 £2,608 4
2022£293,500 £3,225 1
2020£225,000 £2,570 1
2018£200,000 £2,353 1
2016£179,500 £2,049 2
2014£160,000 £1,827 1
2013£137,000 £1,610 1
2012£105,0001
2010£125,000 £1,374 1
2004£129,0001
2002£87,000 £975 2
2001£67,995 £819 1
2000£59,000 £694 1
1996£42,000 £506 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2005£132,000 £1,551 1

All the Sales in the ALBION ROAD, ME5 8SS

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

AddressSold DatePrice% Change
23 ALBION ROADTerraced, FreeholdArea: 88 Sq.mtrAge: 1967-197510 Nov 2023£220,0000.0
10 Nov 2023£220,000First Sale
15 ALBION ROADTerraced, FreeholdArea: 83 Sq.mtrAge: 1967-197518 Sep 2023£260,00080.56%
17 Feb 2016£144,000111.78%
14 Sep 2001£67,99561.89%
12 Sep 1996£42,000First Sale
9 ALBION ROADTerraced, FreeholdArea: 91 Sq.mtrAge: 1967-197510 Jun 2022£293,50036.51%
29 Jul 2016£215,00072.00%
30 Jul 2010£125,000First Sale
7 ALBION ROADTerraced, FreeholdArea: 87.56 Sq.mtrAge: 1950-196618 Dec 2020£225,00040.62%
02 May 2014£160,00083.91%
26 Mar 2002£87,000First Sale
25 ALBION ROADTerraced, FreeholdArea: 85 Sq.mtrAge: 1950-196606 Sep 2018£200,000129.89%
25 Oct 2002£87,00047.46%
28 Feb 2000£59,000First Sale
1 ALBION ROADTerraced, FreeholdArea: 85.1 Sq.mtrAge: 1950-196601 Feb 2013£137,0003.79%
03 Nov 2005£132,000First Sale
19 ALBION ROADTerraced, Freehold20 Dec 2012£105,000First Sale
13 ALBION ROADTerraced, Freehold15 Oct 2004£129,000First Sale
11 ALBION ROADTerraced, FreeholdArea: 87 Sq.mtrAge: 1976-198209 Nov 2023£200,000First Sale

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

ALBION ROAD, ME5 8SS Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £146,033 median price is £138,000 Standard Deviation is £75,487 with Total Sold: 1,076
    • The Last 5 Year average price is £258,710 with Total Sold: 168
    • 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 £164,389 median price is £151,000 Standard Deviation is £91,463 with Total Sold: 687
    • The Last 5 Year average price is £305,688 with Total Sold: 90
    • 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 , 2 HUNTERSFIELD CLOSE: £70,500 (Sold on 16 Jan 1995)
  • Flat
    • The average price is around £90,781 median price is £79,495 Standard Deviation is £92,409 with Total Sold: 380
    • The Last 5 Year average price is £169,507 with Total Sold: 54
    • The most recent sale happened at this postcode is , 3 SHAMLEY ROAD: £145,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 45 SULTAN ROAD: £21,900 (Sold on 07 Apr 1995)
  • Detached
    • The average price is around £273,685 median price is £241,500 Standard Deviation is £155,728 with Total Sold: 382
    • The Last 5 Year average price is £463,111 with Total Sold: 63
    • 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 , 29 ALBURY CLOSE: £41,000 (Sold on 09 Feb 1995)
  • Other
    • The average price is around £376,577 median price is £305,000 Standard Deviation is £426,579 with Total Sold: 13
    • The Last 5 Year average price is £457,778 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 , 7 KESTREL ROAD: £75,000 (Sold on 21 Sep 2016)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£277,000 £4,375 10
2023£275,496 £3,599 25
2022£287,422 £3,593 32
2021£253,129 £3,317 31
2020£233,258 £3,180 33
2019£244,970 £3,148 37
2018£232,185 £3,057 33
2017£236,832 £3,004 36
2016£210,565 £2,485 42
2015£174,873 £2,461 35
2014£170,999 £2,183 39
2013£149,566 £1,947 30
2012£141,432 £1,917 22
2011£143,689 £1,867 29
2010£146,664 £1,909 21
2009£127,196 £1,700 28
2008£150,722 £1,863 18
2007£154,436 £2,000 44
2006£148,547 £1,980 53
2005£135,504 £1,715 27
2004£134,463 £1,830 53
2003£122,509 £1,636 48
2002£94,920 £1,217 46
2001£79,806 £1,002 75
2000£69,116 £931 58
1999£61,443 £836 40
1998£56,981 £706 42
1997£50,271 £676 36
1996£45,723 £658 23
1995£44,025 £611 30
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£354,3336
2023£317,773 £4,176 11
2022£319,778 £3,859 18
2021£296,948 £3,532 24
2020£297,131 £3,624 13
2019£285,833 £3,460 18
2018£281,281 £3,625 16
2017£283,400 £3,146 22
2016£276,783 £3,026 23
2015£233,742 £2,706 19
2014£223,261 £2,645 23
2013£194,830 £2,445 15
2012£159,288 £2,064 13
2011£185,923 £2,251 13
2010£161,571 £1,888 14
2009£180,666 £2,651 9
2008£174,453 £2,073 15
2007£172,339 £2,222 29
2006£164,200 £1,999 35
2005£166,354 £2,005 24
2004£156,138 £1,985 38
2003£125,155 £1,612 29
2002£118,441 £1,349 34
2001£103,445 £1,222 33
2000£90,999 £1,176 27
1999£73,600 £894 32
1998£69,406 £874 38
1997£61,583 £761 48
1996£58,174 £706 23
1995£53,859 £637 25
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£109,500 £2,235 8
2023£401,167 £3,094 6
2022£163,010 £2,891 10
2021£161,393 £2,854 14
2020£120,167 £2,342 6
2019£125,980 £2,464 10
2018£128,870 £2,548 10
2017£132,453 £2,528 17
2016£135,983 £2,371 6
2015£114,178 £2,186 9
2014£105,826 £1,938 18
2013£90,750 £1,646 9
2012£91,571 £1,680 14
2011£84,314 £1,681 11
2010£101,832 £1,688 6
2009£83,667 £1,561 6
2008£105,374 £1,788 8
2007£99,400 £1,923 14
2006£105,376 £1,773 19
2005£90,863 £1,666 11
2004£83,764 £1,633 17
2003£79,763 £1,518 18
2002£68,498 £1,343 25
2001£49,466 £869 17
2000£44,877 £873 25
1999£34,482 £647 21
1998£35,437 £608 15
1997£31,387 £538 12
1996£29,312 £469 8
1995£27,748 £577 10
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£433,000 £3,429 5
2023£434,650 £4,715 10
2022£475,667 £4,269 12
2021£561,600 £3,984 15
2020£428,292 £4,004 12
2019£377,000 £3,554 9
2018£443,667 £3,706 15
2017£380,111 £3,351 18
2016£358,150 £3,347 20
2015£384,893 £2,918 14
2014£300,227 £2,908 11
2013£349,667 £2,653 12
2012£255,700 £2,280 10
2011£209,000 £2,468 5
2010£286,250 £2,529 8
2009£204,667 £2,165 6
2008£230,000 £4,120 1
2007£270,350 £2,402 10
2006£240,937 £2,450 18
2005£279,350 £1,756 10
2004£228,052 £2,046 24
2003£227,970 £1,789 17
2002£174,833 £1,497 18
2001£147,600 £1,472 20
2000£146,996 £1,212 14
1999£123,800 £1,060 15
1998£116,692 £1,020 13
1997£100,426 £822 19
1996£87,333 £840 12
1995£89,444 £733 9
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£1,242,500 £34,382 2
2021£310,000 £4,012 4
2019£131,667 £1,540 3
2018£347,0002
2017£6,500 £24 1
2016£75,0001

House Type in ME5 8SS area

The most common house types in the ME5 8SS postcode area are Terraced (87), Semi-detached (24), and Detached (7).

Total126
Terraced87
Semi-detached24
Detached7
Flat5
commercial building2
Shared house1
converted 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 (54), and Owned: Owns outright (31).

Owned: Owns with a mortgage or loan54
Owned: Owns outright31
Social rented: Other social rented20
Private rented: Private landlord or letting agency14
Private rented: Other private rented4
Shared ownership: Shared ownership2
Social rented: Rents from council or Local Authority2
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the ME5 8SS have 2 people in household (42), and 1 person in household (30).

2 people in household42
1 person in household30
4 people in household27
3 people in household18
5 people in household7
6 people in household1
8 or more people in household1
0 people in household0
7 people in household0