Housing Market Analysis for ME5 8TR

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average ME5 8TR 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.

    All the Sales in the ME5 8TR

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

    AddressSold DatePrice% Change

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

    ME5 8TR Near By properties

    Interactive Map

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

    • Semi-Detached
      • The average price is around £146,876 median price is £134,999 Standard Deviation is £85,150 with Total Sold: 845
      • The Last 5 Year average price is £294,314 with Total Sold: 74
      • The most recent sale happened at this postcode is , 4 FARLEY CLOSE: £320,000 (Sold on 19 Sep 2024)
      • The first recorded sale happened at this postcode is , 2 HUNTERSFIELD CLOSE: £70,500 (Sold on 16 Jan 1995)
    • Terraced
      • The average price is around £143,086 median price is £135,000 Standard Deviation is £74,338 with Total Sold: 1,743
      • The Last 5 Year average price is £263,377 with Total Sold: 208
      • 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 , 25 WAVERLEY CLOSE: £43,500 (Sold on 03 Feb 1995)
    • Flat
      • The average price is around £83,373 median price is £77,000 Standard Deviation is £42,811 with Total Sold: 254
      • The Last 5 Year average price is £127,700 with Total Sold: 33
      • 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 £270,713 median price is £249,500 Standard Deviation is £137,634 with Total Sold: 271
      • The Last 5 Year average price is £460,712 with Total Sold: 33
      • 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 , 20 CATTERICK ROAD: £105,000 (Sold on 12 Jan 1995)
    • Other
      • The average price is around £638,165 median price is £135,000 Standard Deviation is £1,305,214 with Total Sold: 15
      • The Last 5 Year average price is £479,475 with Total Sold: 8
      • 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: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£322,8336
    2023£282,333 £4,615 6
    2022£305,852 £4,165 27
    2021£285,205 £3,863 22
    2020£278,131 £3,410 13
    2019£256,083 £3,352 32
    2018£271,500 £3,515 21
    2017£248,012 £3,291 25
    2016£260,158 £3,191 19
    2015£206,771 £2,858 17
    2014£207,000 £2,575 13
    2013£179,850 £2,565 10
    2012£164,857 £2,099 14
    2011£157,447 £2,129 17
    2010£160,643 £2,090 21
    2009£152,375 £2,238 12
    2008£152,831 £2,291 19
    2007£183,621 £2,359 41
    2006£148,279 £2,130 46
    2005£165,819 £2,078 25
    2004£143,514 £2,051 51
    2003£120,274 £1,652 41
    2002£115,783 £1,606 50
    2001£91,777 £1,209 37
    2000£83,661 £1,134 40
    1999£66,573 £907 46
    1998£66,759 £881 48
    1997£55,612 £752 58
    1996£50,821 £694 42
    1995£49,730 £645 26
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£285,562 £4,414 16
    2023£272,361 £3,809 44
    2022£291,000 £3,898 48
    2021£250,637 £3,557 51
    2020£234,267 £3,285 49
    2019£240,108 £3,308 50
    2018£232,092 £3,380 58
    2017£227,299 £3,044 55
    2016£208,472 £2,853 54
    2015£182,152 £2,630 62
    2014£170,575 £2,324 59
    2013£148,994 £1,993 43
    2012£136,695 £2,012 41
    2011£146,316 £2,002 49
    2010£142,356 £2,000 35
    2009£131,886 £1,777 33
    2008£149,288 £2,142 33
    2007£155,607 £2,241 74
    2006£143,733 £1,981 72
    2005£134,767 £2,003 49
    2004£133,873 £1,931 93
    2003£121,900 £1,746 86
    2002£96,933 £1,447 80
    2001£79,413 £1,083 117
    2000£69,246 £1,004 94
    1999£60,995 £877 85
    1998£53,173 £755 59
    1997£50,397 £722 67
    1996£45,215 £669 41
    1995£45,283 £638 46
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£111,850 £2,404 7
    2023£135,500 £2,436 4
    2022£123,768 £2,581 9
    2021£149,464 £2,815 7
    2020£121,500 £2,372 6
    2019£107,686 £2,179 7
    2018£125,791 £2,687 11
    2017£116,427 £2,455 11
    2016£137,700 £2,463 5
    2015£105,575 £2,187 8
    2014£95,025 £1,859 15
    2013£82,393 £1,538 7
    2012£75,833 £1,499 6
    2011£81,136 £1,466 7
    2010£63,000 £1,417 1
    2009£77,000 £1,484 5
    2008£102,499 £1,705 6
    2007£96,908 £1,930 12
    2006£98,900 £1,712 10
    2005£85,299 £1,723 10
    2004£76,249 £1,519 12
    2003£76,998 £1,631 12
    2002£64,730 £1,264 13
    2001£50,013 £949 13
    2000£38,746 £823 14
    1999£32,592 £617 15
    1998£32,010 £596 5
    1997£27,600 £513 5
    1996£24,483 £499 6
    1995£22,295 £463 5
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£415,000 £3,101 5
    2023£460,750 £4,607 6
    2022£435,600 £3,806 5
    2021£483,200 £3,602 10
    2020£479,143 £3,460 7
    2019£480,000 £3,354 3
    2018£454,200 £3,153 5
    2017£350,733 £3,216 15
    2016£368,107 £2,974 14
    2015£381,867 £2,745 15
    2014£312,786 £2,142 7
    2013£314,583 £2,270 12
    2012£269,700 £2,295 10
    2011£235,000 £2,452 5
    2010£343,333 £1,458 3
    2009£188,833 £2,568 3
    2008£249,9951
    2007£277,409 £2,291 11
    2006£244,257 £2,069 17
    2005£277,125 £1,454 8
    2004£233,062 £1,986 8
    2003£213,286 £1,582 7
    2002£192,265 £1,504 16
    2001£155,382 £1,247 17
    2000£170,722 £1,228 18
    1999£144,812 £1,045 8
    1998£125,090 £896 11
    1997£110,469 £840 13
    1996£109,000 £785 3
    1995£94,562 £728 8
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£1,242,500 £34,382 2
    2021£180,160 £2,836 5
    2020£450,0001
    2019£30,267 £37 3
    2018£2,641,9402
    2016£181,0002

    House Type in ME5 8TR area

    The most common house types in the ME5 8TR postcode area are Flat (57), Terraced (34), and Semi-detached (20).

    Total118
    Flat57
    Terraced34
    Semi-detached20
    commercial building5
    Detached1
    Shared house1
    converted building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Owned: Owns outright (41), and Private rented: Private landlord or letting agency (25).

    Owned: Owns outright41
    Private rented: Private landlord or letting agency25
    Owned: Owns with a mortgage or loan20
    Shared ownership: Shared ownership18
    Social rented: Other social rented9
    Private rented: Other private rented5
    Lives rent free1
    Does not apply0
    Social rented: Rents from council or Local Authority0

    Number of People in a Household

    The most houses in the ME5 8TR have 1 person in household (58), and 2 people in household (24).

    1 person in household58
    2 people in household24
    3 people in household23
    4 people in household7
    5 people in household5
    6 people in household2
    0 people in household0
    7 people in household0
    8 or more people in household0