Housing Market Analysis for PHOENIX ROAD, ME5 8SU

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £126,409 median price is £135,000 Standard Deviation is £60,142 with Total Sold: 11
    • The Last 5 Year average price is £210,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 13 PHOENIX ROAD: £210,000 (Sold on 31 Jan 2020)
    • The first recorded sale happened at this postcode is 9 PHOENIX ROAD: £53,000 (Sold on 31 Oct 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 8SU 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
2020£210,000 £2,143 1
2018£215,000 £2,443 1
2017£191,500 £2,152 1
2015£155,000 £1,761 1
2014£150,000 £1,648 1
2005£135,000 £1,534 1
2002£70,000 £536 2
2000£70,500 £694 2
1997£53,0001

All the Sales in the PHOENIX ROAD, ME5 8SU

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

AddressSold DatePrice% Change
13 PHOENIX ROADTerraced, FreeholdArea: 98 Sq.mtrAge: 1950-196631 Jan 2020£210,000208.82%
21 Dec 2000£68,000First Sale
11 PHOENIX ROADTerraced, FreeholdArea: 88 Sq.mtrAge: 1967-197512 Oct 2018£215,00038.71%
05 Jan 2015£155,00014.81%
09 Nov 2005£135,000First Sale
5 PHOENIX ROADTerraced, FreeholdArea: 89 Sq.mtrAge: 1967-197524 Aug 2017£191,500First Sale
17 PHOENIX ROADTerraced, FreeholdArea: 91 Sq.mtrAge: 1950-196627 Jun 2014£150,000First Sale
19 PHOENIX ROADTerraced, LeaseholdArea: 84 Sq.mtrAge: 1976-198228 Jun 2002£45,000First Sale
15 PHOENIX ROADTerraced, Freehold15 Mar 2002£95,00030.14%
12 May 2000£73,000First Sale
9 PHOENIX ROADTerraced, Freehold31 Oct 1997£53,000First Sale

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

PHOENIX ROAD, ME5 8SU Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £145,878 median price is £137,600 Standard Deviation is £75,535 with Total Sold: 1,085
    • The Last 5 Year average price is £258,866 with Total Sold: 169
    • 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)
  • Flat
    • The average price is around £90,089 median price is £77,500 Standard Deviation is £101,036 with Total Sold: 297
    • The Last 5 Year average price is £166,657 with Total Sold: 47
    • 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 £273,303 median price is £243,500 Standard Deviation is £154,739 with Total Sold: 354
    • The Last 5 Year average price is £461,237 with Total Sold: 59
    • 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)
  • Semi-Detached
    • The average price is around £162,757 median price is £150,000 Standard Deviation is £89,932 with Total Sold: 679
    • The Last 5 Year average price is £299,853 with Total Sold: 92
    • The most recent sale happened at this postcode is , 4 TRELAWN CRESCENT: £390,000 (Sold on 16 Jul 2024)
    • The first recorded sale happened at this postcode is , 2 HUNTERSFIELD CLOSE: £70,500 (Sold on 16 Jan 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£277,727 £4,414 11
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£210,971 £2,498 43
2015£175,161 £2,460 37
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£146,134 £1,893 22
2009£127,196 £1,700 28
2008£150,722 £1,863 18
2007£154,436 £2,000 44
2006£146,653 £1,942 54
2005£135,504 £1,715 27
2004£134,463 £1,830 53
2003£122,457 £1,628 49
2002£93,940 £1,204 45
2001£79,806 £1,002 75
2000£69,116 £931 58
1999£61,408 £830 41
1998£56,261 £697 41
1997£50,426 £679 37
1996£45,235 £644 24
1995£44,121 £607 31
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£109,500 £2,235 8
2023£401,167 £3,094 6
2022£141,800 £2,640 7
2021£159,500 £2,899 11
2020£108,600 £2,226 5
2019£125,980 £2,464 10
2018£124,300 £2,521 9
2017£123,264 £2,463 14
2016£133,500 £2,363 4
2015£109,700 £2,159 8
2014£97,337 £1,912 13
2013£82,750 £1,512 7
2012£85,727 £1,640 11
2011£84,314 £1,681 11
2010£84,000 £1,516 2
2009£83,667 £1,561 6
2008£102,582 £1,809 6
2007£94,800 £1,906 12
2006£103,634 £1,762 16
2005£79,213 £1,631 7
2004£78,213 £1,573 14
2003£77,249 £1,528 15
2002£68,637 £1,432 18
2001£48,429 £862 15
2000£40,908 £882 17
1999£33,313 £642 18
1998£34,293 £602 7
1997£31,214 £534 7
1996£28,200 £446 5
1995£25,809 £579 8
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£569,538 £3,897 13
2020£428,292 £4,004 12
2019£350,000 £3,770 7
2018£443,667 £3,706 15
2017£367,471 £3,412 17
2016£350,188 £3,297 16
2015£384,893 £2,918 14
2014£276,167 £2,955 9
2013£349,667 £2,653 12
2012£255,700 £2,280 10
2011£209,000 £2,468 5
2010£271,000 £2,593 5
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£231,284 £2,118 22
2003£228,718 £1,802 16
2002£175,411 £1,620 17
2001£145,527 £1,475 18
2000£147,535 £1,203 13
1999£121,071 £1,060 14
1998£116,364 £965 11
1997£103,535 £917 17
1996£86,090 £840 11
1995£95,375 £879 8
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£331,0006
2023£314,318 £4,315 11
2022£313,833 £3,820 18
2021£292,136 £3,612 24
2020£291,979 £3,616 14
2019£283,947 £3,456 19
2018£280,967 £3,803 15
2017£280,585 £3,157 21
2016£275,667 £3,017 24
2015£220,894 £2,815 18
2014£221,150 £2,625 20
2013£199,035 £2,514 13
2012£154,316 £2,057 15
2011£158,431 £2,150 13
2010£162,467 £1,933 15
2009£177,600 £2,555 10
2008£174,453 £2,073 15
2007£172,494 £2,216 29
2006£164,222 £2,037 36
2005£167,937 £2,028 24
2004£155,128 £1,998 37
2003£124,700 £1,635 30
2002£120,290 £1,389 31
2001£100,539 £1,246 30
2000£89,374 £1,163 28
1999£73,006 £894 32
1998£69,286 £917 33
1997£60,775 £758 49
1996£57,700 £707 25
1995£53,999 £646 24
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 8SU area

The most common house types in the ME5 8SU 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 8SU 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