Housing Market Analysis for PHOENIX ROAD, ME5 8TB

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £114,271 median price is £132,950 Standard Deviation is £47,923 with Total Sold: 9
    • The most recent sale happened at this postcode is 28 PHOENIX ROAD: £190,000 (Sold on 13 Nov 2015)
    • The first recorded sale happened at this postcode is 40 PHOENIX ROAD: £47,000 (Sold on 15 May 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 8TB 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
2015£190,000 £2,135 1
2012£150,000 £1,685 1
2006£154,9951
2004£145,000 £1,835 1
2003£132,950 £1,494 1
2001£79,995 £833 1
2000£64,248 £695 2
1998£47,000 £595 1

All the Sales in the PHOENIX ROAD, ME5 8TB

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

AddressSold DatePrice% Change
28 PHOENIX ROADTerraced, FreeholdArea: 89 Sq.mtrAge: 1967-197513 Nov 2015£190,000First Sale
30 PHOENIX ROADTerraced, FreeholdArea: 89 Sq.mtrAge: 1950-196627 Sep 2012£150,00012.82%
18 Jun 2003£132,950109.37%
25 Feb 2000£63,500First Sale
22 PHOENIX ROADTerraced, Freehold26 Jun 2006£154,995First Sale
40 PHOENIX ROADTerraced, FreeholdArea: 79 Sq.mtrAge: 1967-197512 Aug 2004£145,000208.51%
15 May 1998£47,000First Sale
26 PHOENIX ROADTerraced, FreeholdArea: 96 Sq.mtrAge: 1950-196614 Sep 2001£79,99523.08%
21 Feb 2000£64,995First Sale

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

PHOENIX ROAD, ME5 8TB Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £146,021 median price is £138,000 Standard Deviation is £75,082 with Total Sold: 1,043
    • The Last 5 Year average price is £257,842 with Total Sold: 156
    • 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 £168,403 median price is £157,500 Standard Deviation is £93,161 with Total Sold: 760
    • The Last 5 Year average price is £308,556 with Total Sold: 106
    • 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 £89,262 median price is £78,498 Standard Deviation is £89,498 with Total Sold: 414
    • The Last 5 Year average price is £169,044 with Total Sold: 55
    • 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 , 45 SULTAN ROAD: £21,900 (Sold on 07 Apr 1995)
  • Detached
    • The average price is around £280,693 median price is £245,000 Standard Deviation is £166,733 with Total Sold: 387
    • The Last 5 Year average price is £474,953 with Total Sold: 64
    • 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 £390,036 median price is £307,500 Standard Deviation is £413,916 with Total Sold: 14
    • 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£268,8899
2023£272,579 £3,539 24
2022£286,968 £3,691 31
2021£250,367 £3,375 30
2020£234,833 £3,286 27
2019£243,254 £3,254 35
2018£232,033 £3,055 33
2017£237,684 £3,040 35
2016£212,243 £2,619 38
2015£176,791 £2,546 38
2014£172,961 £2,266 39
2013£155,031 £1,988 32
2012£140,432 £1,950 22
2011£146,433 £1,905 27
2010£146,085 £1,965 23
2009£129,426 £1,717 27
2008£146,368 £1,970 19
2007£156,080 £1,998 40
2006£149,404 £2,004 53
2005£130,862 £1,739 21
2004£133,951 £1,867 51
2003£124,331 £1,676 48
2002£97,163 £1,319 45
2001£80,876 £1,059 73
2000£70,151 £958 55
1999£64,069 £840 36
1998£57,205 £759 45
1997£52,296 £680 33
1996£46,496 £712 26
1995£45,455 £627 28
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£340,4388
2023£321,433 £4,502 15
2022£332,412 £3,830 17
2021£309,325 £3,602 30
2020£273,012 £3,637 17
2019£294,210 £3,469 19
2018£274,553 £3,712 19
2017£271,165 £3,339 26
2016£277,115 £2,964 26
2015£232,505 £2,784 19
2014£223,760 £2,613 25
2013£183,848 £2,494 20
2012£159,196 £2,118 14
2011£183,933 £2,372 15
2010£174,833 £1,924 12
2009£170,458 £2,688 12
2008£174,453 £2,073 15
2007£180,123 £2,305 39
2006£167,040 £2,003 37
2005£170,230 £1,933 26
2004£162,282 £2,032 38
2003£137,029 £1,620 34
2002£117,161 £1,444 37
2001£101,761 £1,279 39
2000£93,999 £1,220 28
1999£71,857 £938 30
1998£68,500 £866 43
1997£61,539 £745 50
1996£57,913 £724 23
1995£54,379 £636 27
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£104,429 £2,235 7
2023£401,167 £3,094 6
2022£163,010 £2,891 10
2021£160,567 £2,819 15
2020£120,167 £2,342 6
2019£127,255 £2,442 11
2018£128,870 £2,548 10
2017£134,191 £2,450 22
2016£135,129 £2,347 7
2015£114,178 £2,186 9
2014£104,835 £1,910 19
2013£89,525 £1,625 10
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£101,187 £1,717 8
2007£99,773 £1,902 15
2006£103,419 £1,715 23
2005£90,856 £1,618 14
2004£82,999 £1,590 18
2003£79,455 £1,526 17
2002£67,322 £1,275 29
2001£48,009 £835 21
2000£41,368 £769 30
1999£34,051 £647 22
1998£33,974 £575 17
1997£31,387 £538 12
1996£27,722 £428 9
1995£27,748 £577 10
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£380,000 £4,217 5
2023£454,150 £4,449 10
2022£503,200 £4,077 15
2021£576,600 £3,988 15
2020£403,643 £4,320 7
2019£411,083 £3,459 12
2018£420,750 £3,483 16
2017£432,412 £3,650 17
2016£362,789 £3,388 19
2015£421,300 £2,791 10
2014£335,208 £2,945 12
2013£342,389 £2,803 9
2012£308,182 £2,088 11
2011£253,833 £2,543 6
2010£275,250 £2,537 8
2009£225,786 £2,213 7
2008£454,333 £4,120 3
2007£263,318 £2,226 11
2006£246,656 £2,555 16
2005£267,577 £1,916 13
2004£235,432 £2,052 26
2003£231,657 £1,852 19
2002£169,947 £1,516 19
2001£147,472 £1,549 18
2000£124,994 £1,232 9
1999£129,441 £1,060 17
1998£119,250 £1,003 18
1997£98,829 £845 17
1996£87,083 £840 12
1995£95,500 £797 10
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£320,000 £2,062 2

House Type in ME5 8TB area

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

Total113
Terraced68
Semi-detached42
Flat2
Detached1
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 with a mortgage or loan (47), and Owned: Owns outright (40).

Owned: Owns with a mortgage or loan47
Owned: Owns outright40
Private rented: Private landlord or letting agency17
Social rented: Other social rented8
Social rented: Rents from council or Local Authority2
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

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

2 people in household33
3 people in household26
4 people in household23
1 person in household19
5 people in household9
6 people in household2
7 people in household1
0 people in household0
8 or more people in household0