Housing Market Analysis for CHESTNUT AVENUE, ME5 9AL

Are you looking to understand ME5 9AL 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 9AL area, explore the ME5 9AL Area information page.
For comprehensive crime statistics in the ME5 9AL area, explore the ME5 9AL Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME5 9AL postcode area, The average prices are as follows,

  • Detached
    • The average price is around £217,500 median price is £217,500 Standard Deviation is £17,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 58 CHESTNUT AVENUE: £235,000 (Sold on 23 Nov 2005)
    • The first recorded sale happened at this postcode is 62 CHESTNUT AVENUE: £200,000 (Sold on 22 Jul 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 9AL 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2005£217,5002

All the Sales in the CHESTNUT AVENUE, ME5 9AL

See the table below for more details on the sold house prices in the ME5 9AL, Medway postcode.

AddressSold DatePrice% Change
58 CHESTNUT AVENUEDetached, Freehold23 Nov 2005£235,000First Sale
62 CHESTNUT AVENUEDetached, Freehold22 Jul 2005£200,000First Sale

Check out the sold house prices near the ME5 9AL postcode. Properties currently for saleProperties currently for rent

CHESTNUT AVENUE, ME5 9AL Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME5 9AL 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 9AL postcode.

  • Semi-Detached
    • The average price is around £177,833 median price is £162,998 Standard Deviation is £97,465 with Total Sold: 728
    • The Last 5 Year average price is £320,362 with Total Sold: 121
    • The most recent sale happened at this postcode is , 35 PRINCES AVENUE: £383,000 (Sold on 01 Aug 2024)
    • The first recorded sale happened at this postcode is , 13 PRINCES AVENUE: £40,732 (Sold on 18 Jan 1995)
  • Terraced
    • The average price is around £145,845 median price is £134,000 Standard Deviation is £77,388 with Total Sold: 855
    • The Last 5 Year average price is £251,937 with Total Sold: 154
    • The most recent sale happened at this postcode is , 172 KING GEORGE ROAD: £370,000 (Sold on 01 Aug 2024)
    • The first recorded sale happened at this postcode is , 182 KING GEORGE ROAD: £28,875 (Sold on 03 Feb 1995)
  • Other
    • The average price is around £201,722 median price is £120,000 Standard Deviation is £203,592 with Total Sold: 9
    • The Last 5 Year average price is £453,333 with Total Sold: 3
    • The most recent sale happened at this postcode is , 86 HURSTWOOD: £265,000 (Sold on 05 Jun 2024)
    • The first recorded sale happened at this postcode is , 62 SILVERWEED ROAD: £50,000 (Sold on 01 May 2015)
  • Detached
    • The average price is around £262,272 median price is £245,000 Standard Deviation is £129,741 with Total Sold: 465
    • The Last 5 Year average price is £427,731 with Total Sold: 78
    • The most recent sale happened at this postcode is , 337 WALDERSLADE ROAD: £425,000 (Sold on 20 May 2024)
    • The first recorded sale happened at this postcode is , 16 CHESTNUT AVENUE: £65,000 (Sold on 06 Mar 1995)
  • Flat
    • The average price is around £106,218 median price is £89,995 Standard Deviation is £70,731 with Total Sold: 114
    • The Last 5 Year average price is £212,038 with Total Sold: 13
    • The most recent sale happened at this postcode is FLAT 1, GLENEAGLES COURT MAFEKING ROAD: £325,000 (Sold on 04 Dec 2023)
    • The first recorded sale happened at this postcode is FLAT 1, GLENEAGLES COURT MAFEKING ROAD: £62,000 (Sold on 12 Jan 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£335,857 £3,391 14
2023£328,333 £3,975 22
2022£367,350 £3,860 20
2021£309,435 £3,612 31
2020£315,111 £3,335 18
2019£264,188 £3,050 16
2018£273,568 £3,198 19
2017£284,480 £3,007 25
2016£254,875 £2,891 28
2015£240,595 £2,765 21
2014£194,614 £2,393 16
2013£190,083 £2,192 12
2012£170,762 £1,860 21
2011£165,268 £1,965 14
2010£166,550 £2,150 20
2009£175,000 £1,880 14
2008£189,033 £1,934 15
2007£184,576 £2,099 41
2006£159,051 £1,809 28
2005£166,572 £1,801 22
2004£155,151 £2,028 33
2003£153,903 £1,733 34
2002£129,526 £1,248 37
2001£107,828 £1,173 31
2000£83,490 £933 33
1999£73,873 £881 21
1998£75,880 £865 23
1997£62,716 £743 39
1996£63,466 £706 37
1995£55,192 £636 23
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£271,7147
2023£269,269 £3,533 13
2022£277,866 £3,627 28
2021£272,841 £3,138 41
2020£210,155 £2,741 29
2019£231,514 £2,752 36
2018£231,537 £2,955 35
2017£206,124 £2,721 27
2016£203,937 £2,626 35
2015£177,781 £2,352 32
2014£157,129 £2,054 29
2013£124,600 £1,621 21
2012£124,900 £1,580 15
2011£137,318 £1,629 11
2010£139,817 £1,734 20
2009£119,825 £1,643 20
2008£152,083 £1,910 18
2007£147,203 £1,989 44
2006£134,713 £1,923 46
2005£131,882 £1,726 30
2004£124,064 £1,719 47
2003£109,060 £1,414 31
2002£91,244 £1,104 48
2001£68,430 £927 37
2000£61,362 £829 40
1999£56,300 £648 39
1998£49,888 £582 27
1997£45,465 £618 21
1996£43,481 £474 14
1995£42,938 £535 14
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£352,5002
2020£655,000 £9,924 1
2018£120,0002
2017£55,250 £1,134 2
2015£52,5002
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£435,000 £4,201 5
2023£466,909 £4,530 11
2022£446,179 £4,545 14
2021£440,214 £3,569 14
2020£386,367 £3,581 15
2019£413,000 £3,723 19
2018£417,500 £3,593 11
2017£381,324 £3,131 17
2016£361,875 £3,019 12
2015£334,038 £3,036 13
2014£281,059 £2,726 17
2013£261,458 £2,598 25
2012£254,417 £2,493 18
2011£277,107 £2,291 14
2010£281,681 £2,488 8
2009£250,050 £1,960 10
2008£285,091 £2,117 8
2007£297,714 £2,166 17
2006£272,802 £2,072 23
2005£234,687 £1,875 16
2004£252,874 £2,037 16
2003£226,888 £2,015 18
2002£190,910 £1,394 14
2001£149,983 £1,344 34
2000£141,206 £1,137 17
1999£139,367 £954 15
1998£115,200 £973 10
1997£101,066 £786 15
1996£101,712 £764 21
1995£96,542 £655 18
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£189,600 £2,887 5
2022£238,625 £3,332 4
2021£203,000 £3,558 3
2019£245,000 £4,900 1
2018£218,000 £3,697 3
2017£175,000 £3,365 1
2016£167,583 £2,693 6
2015£118,800 £2,121 5
2014£126,498 £2,001 2
2013£68,000 £1,415 1
2012£95,000 £2,050 3
2011£90,000 £2,709 3
2010£137,167 £1,995 3
2009£77,833 £2,136 3
2008£107,333 £1,741 3
2007£122,874 £2,838 4
2006£84,571 £2,265 7
2005£122,500 £1,921 2
2004£128,694 £1,962 9
2003£87,000 £1,428 5
2002£79,331 £1,459 6
2001£54,800 £1,184 10
2000£47,657 £1,047 11
1999£55,498 £660 2
1998£15,500 £256 2
1997£43,250 £714 4
1996£44,950 £749 1
1995£50,200 £581 5

House Type in ME5 9AL area

The most common house types in the ME5 9AL postcode area are Semi-detached (67), Detached (50), and Terraced (11).

Total128
Semi-detached67
Detached50
Terraced11
Flat0
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 (71), and Owned: Owns outright (49).

Owned: Owns with a mortgage or loan71
Owned: Owns outright49
Private rented: Private landlord or letting agency9
Social rented: Rents from council or Local Authority1
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the ME5 9AL have 3 people in household (36), and 2 people in household (35).

3 people in household36
2 people in household35
4 people in household30
1 person in household21
5 people in household6
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0