Housing Market Analysis for ME5 8XE

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average ME5 8XE 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 8XE

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

    AddressSold DatePrice% Change

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

    ME5 8XE Near By properties

    Interactive Map

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

    • Semi-Detached
      • The average price is around £159,925 median price is £150,000 Standard Deviation is £89,347 with Total Sold: 963
      • The Last 5 Year average price is £297,066 with Total Sold: 137
      • 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 , 12 CROYDON CLOSE: £52,500 (Sold on 06 Jan 1995)
    • Terraced
      • The average price is around £139,766 median price is £135,000 Standard Deviation is £71,256 with Total Sold: 1,045
      • The Last 5 Year average price is £252,819 with Total Sold: 144
      • 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 , 18 ROTHERVALE: £43,000 (Sold on 17 Mar 1995)
    • Flat
      • The average price is around £98,367 median price is £90,000 Standard Deviation is £104,583 with Total Sold: 293
      • The Last 5 Year average price is £206,259 with Total Sold: 44
      • The most recent sale happened at this postcode is , 9 BEECHING ROAD: £150,000 (Sold on 09 Aug 2024)
      • The first recorded sale happened at this postcode is , 11 SHEPPERTON CLOSE: £29,500 (Sold on 05 May 1995)
    • Detached
      • The average price is around £214,956 median price is £201,000 Standard Deviation is £107,792 with Total Sold: 278
      • The Last 5 Year average price is £371,805 with Total Sold: 41
      • 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 , 5 TADBURN GREEN: £65,000 (Sold on 19 May 1995)
    • Other
      • The average price is around £208,507 median price is £196,500 Standard Deviation is £181,532 with Total Sold: 14
      • The Last 5 Year average price is £246,286 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 GARAGE, 3 SAVAGE ROAD: £1,000 (Sold on 26 Aug 2016)

    Sold Price Trend Over the Years:

    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£318,950 £3,851 10
    2023£309,726 £3,996 31
    2022£323,985 £4,274 26
    2021£299,827 £3,642 26
    2020£258,214 £3,629 21
    2019£272,413 £3,389 23
    2018£289,103 £3,525 29
    2017£259,368 £3,202 31
    2016£257,232 £3,029 28
    2015£221,294 £2,704 34
    2014£191,395 £2,528 23
    2013£180,840 £2,376 25
    2012£177,333 £2,121 15
    2011£153,542 £2,225 12
    2010£168,875 £1,989 12
    2009£154,239 £2,133 23
    2008£178,857 £2,120 14
    2007£173,288 £2,329 42
    2006£164,561 £1,978 47
    2005£159,810 £2,047 37
    2004£148,743 £2,039 45
    2003£136,586 £1,920 40
    2002£110,608 £1,538 50
    2001£103,130 £1,271 42
    2000£81,835 £1,065 49
    1999£68,993 £857 57
    1998£65,403 £945 40
    1997£57,327 £797 52
    1996£52,663 £675 46
    1995£52,985 £717 33
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£270,250 £2,363 8
    2023£289,474 £3,968 21
    2022£266,868 £4,104 19
    2021£244,214 £3,380 38
    2020£247,759 £3,264 27
    2019£229,832 £3,225 31
    2018£215,994 £3,060 31
    2017£219,548 £3,157 31
    2016£214,077 £2,898 39
    2015£187,299 £2,792 34
    2014£161,767 £2,347 43
    2013£145,948 £1,939 29
    2012£146,286 £1,937 28
    2011£135,028 £1,925 16
    2010£134,526 £1,752 19
    2009£124,638 £1,821 20
    2008£149,928 £2,239 28
    2007£150,457 £2,055 52
    2006£139,834 £1,822 47
    2005£137,125 £1,970 38
    2004£129,824 £1,933 60
    2003£118,756 £1,551 43
    2002£98,495 £1,329 56
    2001£79,890 £1,060 55
    2000£65,737 £963 43
    1999£55,279 £793 60
    1998£53,929 £710 39
    1997£49,189 £691 37
    1996£43,910 £617 34
    1995£40,353 £552 19
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£197,167 £4,032 6
    2023£331,700 £3,509 10
    2022£175,639 £3,293 12
    2021£162,179 £3,245 7
    2020£152,500 £3,926 4
    2019£144,500 £2,866 5
    2018£159,889 £3,395 9
    2017£135,455 £2,529 11
    2016£135,143 £2,698 7
    2015£118,699 £2,164 5
    2014£112,900 £2,188 10
    2013£95,917 £1,796 6
    2012£102,438 £1,729 8
    2011£97,000 £1,845 2
    2010£110,833 £1,869 3
    2009£100,667 £1,730 3
    2008£114,812 £1,859 8
    2007£117,499 £2,254 7
    2006£98,611 £1,916 18
    2005£94,000 £1,867 12
    2004£91,789 £1,858 19
    2003£84,125 £1,767 12
    2002£61,885 £1,203 23
    2001£45,749 £944 21
    2000£37,971 £827 19
    1999£34,964 £841 14
    1998£32,708 £651 12
    1997£28,343 £540 8
    1996£24,750 £347 4
    1995£26,797 £583 8
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£408,750 £4,217 4
    2023£343,333 £4,326 6
    2022£405,417 £4,945 6
    2021£393,682 £3,903 11
    2020£352,286 £3,248 7
    2019£331,429 £3,564 7
    2018£339,750 £3,527 10
    2017£347,429 £3,261 7
    2016£290,417 £3,199 12
    2015£302,818 £2,982 11
    2014£243,333 £2,656 6
    2013£215,143 £2,418 7
    2012£230,864 £2,358 11
    2011£205,143 £2,488 7
    2010£206,750 £2,674 4
    2009£217,750 £2,979 8
    2008£230,000 £4,120 1
    2007£227,250 £2,233 16
    2006£220,246 £2,228 12
    2005£193,600 £1,842 5
    2004£183,749 £2,096 16
    2003£168,780 £2,030 16
    2002£140,266 £1,723 15
    2001£131,874 £1,269 16
    2000£111,750 £1,101 10
    1999£83,774 £893 10
    1998£84,500 £936 13
    1997£99,214 £829 7
    1996£81,136 £842 11
    1995£64,292 £780 6
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£100,0001
    2023£264,500 £3,667 2
    2022£275,000 £3,618 1
    2021£420,000 £3,889 1
    2019£200,000 £3,020 2
    2018£400,000 £2,683 2
    2017£1,0001
    2016£98,525 £3,099 4

    House Type in ME5 8XE area

    The most common house types in the ME5 8XE postcode area are Terraced (59), Flat (58), and Semi-detached (24).

    Total150
    Terraced59
    Flat58
    Semi-detached24
    Shared house4
    converted building3
    Detached2
    commercial building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Social rented: Other social rented (63), and Owned: Owns with a mortgage or loan (33).

    Social rented: Other social rented63
    Owned: Owns with a mortgage or loan33
    Owned: Owns outright24
    Private rented: Private landlord or letting agency21
    Social rented: Rents from council or Local Authority9
    Shared ownership: Shared ownership1
    Private rented: Other private rented1
    Does not apply0
    Lives rent free0

    Number of People in a Household

    The most houses in the ME5 8XE have 1 person in household (63), and 2 people in household (38).

    1 person in household63
    2 people in household38
    3 people in household25
    4 people in household15
    5 people in household8
    6 people in household1
    0 people in household0
    7 people in household0
    8 or more people in household0