Housing Market Analysis for CHESTNUT AVENUE, ME5 9BA

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £215,222 median price is £225,000 Standard Deviation is £104,261 with Total Sold: 9
- The Last 5 Year average price is £450,000 with Total Sold: 1
- The most recent sale happened at this postcode is 103 CHESTNUT AVENUE: £450,000 (Sold on 21 Mar 2022)
- The first recorded sale happened at this postcode is 89 CHESTNUT AVENUE: £112,000 (Sold on 31 Oct 1997)
Detached
- The average price is around £274,307 median price is £290,000 Standard Deviation is £100,374 with Total Sold: 13
- The Last 5 Year average price is £416,000 with Total Sold: 2
- The most recent sale happened at this postcode is 91 CHESTNUT AVENUE: £425,000 (Sold on 26 Nov 2021)
- The first recorded sale happened at this postcode is 81 CHESTNUT AVENUE: £63,000 (Sold on 12 Aug 1996)
Terraced
- The average price is around £162,500 median price is £162,500 Standard Deviation is £12,500 with Total Sold: 2
- The most recent sale happened at this postcode is 105 CHESTNUT AVENUE: £150,000 (Sold on 31 May 2006)
- The first recorded sale happened at this postcode is 105 CHESTNUT AVENUE: £175,000 (Sold on 19 Dec 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 9BA 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£450,000	£4,245	1
2016	£260,000	£4,000	1
2014	£269,995	£2,547	1
2013	£225,000	£1,991	1
2009	£195,000	£1,922	2
2006	£115,000	£1,085	1
2000	£115,000	£1,018	1
1997	£112,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£425,000	£4,126	1
2020	£407,000	£4,900	1
2018	£306,000	£1,759	1
2017	£275,000	£3,019	1
2012	£380,000	£2,331	1
2011	£252,500	£2,934	2
2009	£285,000	£1,978	2
2007	£290,000	£2,633	1
2001	£172,498	£1,545	2
1996	£63,000	£758	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2006	£150,000		1
2003	£175,000		1

All the Sales in the CHESTNUT AVENUE, ME5 9BA

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

Address	Sold Date	Price	% Change
103 CHESTNUT AVENUESemi-Detached, FreeholdArea: 106 Sq.mtrAge: 1950-1966	21 Mar 2022	£450,000	66.67%
	19 Feb 2014	£269,995	134.78%
	28 Mar 2006	£115,000	First Sale
91 CHESTNUT AVENUEDetached, FreeholdArea: 103 Sq.mtrAge: 1930-1949	26 Nov 2021	£425,000	First Sale
81 CHESTNUT AVENUEDetached, FreeholdArea: 83.06 Sq.mtrAge: 1950-1966	16 Jun 2020	£407,000	33.44%
	09 Sep 2011	£305,000	84.85%
	23 Mar 2001	£164,995	161.90%
	12 Aug 1996	£63,000	First Sale
95 CHESTNUT AVENUEDetached, FreeholdArea: 174 Sq.mtrAge: 1967-1975	12 Nov 2018	£306,000	First Sale
73 CHESTNUT AVENUEDetached, FreeholdArea: 91.1 Sq.mtrAge: 1967-1975	21 Apr 2017	£275,000	37.50%
	06 Apr 2011	£200,000	First Sale
85 CHESTNUT AVENUESemi-Detached, FreeholdArea: 65 Sq.mtrAge: 1967-1975	09 Dec 2016	£260,000	85.71%
	07 Apr 2009	£140,000	First Sale
83 CHESTNUT AVENUESemi-Detached, FreeholdArea: 113 Sq.mtrAge: 1950-1966	02 Aug 2013	£225,000	95.65%
	17 Jul 2000	£115,000	First Sale
101 CHESTNUT AVENUEDetached, FreeholdArea: 163 Sq.mtrAge: 1967-1975	22 May 2012	£380,000	11.76%
	11 Feb 2009	£340,000	88.89%
	21 Jun 2001	£180,000	First Sale
87 CHESTNUT AVENUEDetached, FreeholdArea: 123 Sq.mtrAge: 1950-1966	17 Dec 2009	£230,000	First Sale
99 CHESTNUT AVENUESemi-Detached, FreeholdArea: 147.89 Sq.mtrAge: 1950-1966	31 Jul 2009	£250,000	First Sale
93 CHESTNUT AVENUEDetached, FreeholdArea: 110.15 Sq.mtrAge: 1930-1949	16 Nov 2007	£290,000	First Sale
105 CHESTNUT AVENUETerraced, Freehold	31 May 2006	£150,000	-14.29%
105 CHESTNUT AVENUETerraced, Freehold	19 Dec 2003	£175,000	First Sale
89 CHESTNUT AVENUESemi-Detached, Freehold	31 Oct 1997	£112,000	First Sale

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

CHESTNUT AVENUE, ME5 9BA Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £180,399 median price is £165,000 Standard Deviation is £98,863 with Total Sold: 769
- The Last 5 Year average price is £325,833 with Total Sold: 124
- The most recent sale happened at this postcode is , 88 KING GEORGE ROAD: £350,000 (Sold on 27 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 £144,886 median price is £134,000 Standard Deviation is £76,407 with Total Sold: 781
- The Last 5 Year average price is £249,458 with Total Sold: 138
- 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 £150,071 median price is £120,000 Standard Deviation is £141,674 with Total Sold: 7
- The Last 5 Year average price is £352,500 with Total Sold: 2
- 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 £264,706 median price is £245,000 Standard Deviation is £131,517 with Total Sold: 454
- The Last 5 Year average price is £436,603 with Total Sold: 73
- 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 £117,456 median price is £97,000 Standard Deviation is £75,705 with Total Sold: 87
- The Last 5 Year average price is £229,955 with Total Sold: 11
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£326,684	£3,223	19
2023	£334,840	£4,010	23
2022	£359,524	£3,998	21
2021	£327,969	£3,733	32
2020	£320,125	£3,464	16
2019	£256,000	£3,224	13
2018	£274,044	£3,149	18
2017	£289,786	£3,180	28
2016	£257,796	£2,899	27
2015	£248,263	£2,838	19
2014	£216,063	£2,692	21
2013	£198,235	£2,333	17
2012	£173,886	£2,070	22
2011	£168,589	£2,023	14
2010	£171,541	£2,432	24
2009	£172,167	£2,054	15
2008	£196,639	£2,481	18
2007	£188,076	£2,094	41
2006	£165,414	£1,740	30
2005	£169,011	£1,910	21
2004	£158,750	£2,152	34
2003	£159,090	£1,738	35
2002	£135,625	£1,288	36
2001	£110,732	£1,171	33
2000	£86,696	£960	34
1999	£78,471	£915	23
1998	£77,657	£944	27
1997	£63,387	£770	45
1996	£63,312	£710	36
1995	£57,821	£725	27

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£274,500		6
2023	£266,050	£3,683	10
2022	£270,228	£3,617	23
2021	£274,257	£3,163	37
2020	£209,732	£2,762	28
2019	£231,838	£2,772	34
2018	£230,400	£2,957	32
2017	£205,734	£2,744	25
2016	£205,288	£2,632	34
2015	£172,423	£2,361	26
2014	£157,277	£2,057	28
2013	£125,030	£1,639	20
2012	£126,714	£1,634	14
2011	£132,050	£1,714	10
2010	£140,300	£1,690	20
2009	£121,659	£1,607	22
2008	£151,294	£1,847	17
2007	£145,776	£2,007	38
2006	£133,135	£1,911	43
2005	£134,338	£1,787	28
2004	£119,287	£1,714	40
2003	£109,060	£1,414	31
2002	£92,403	£1,096	44
2001	£69,013	£941	32
2000	£59,734	£809	32
1999	£56,513	£647	34
1998	£50,553	£591	28
1997	£45,671	£623	22
1996	£44,057	£479	13
1995	£42,012	£588	10

House Type: Other

Year	Avg. Price	Sold
2024	£352,500	2
2018	£120,000	2
2017	£500	1
2015	£52,500	2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£425,833	£4,201	6
2023	£479,850	£4,631	10
2022	£465,125	£4,629	12
2021	£434,357	£3,745	14
2020	£405,400	£3,594	15
2019	£423,438	£3,876	16
2018	£435,318	£3,544	11
2017	£386,806	£3,147	18
2016	£372,500	£3,016	12
2015	£350,450	£3,442	10
2014	£307,000	£2,893	12
2013	£263,979	£2,573	26
2012	£260,700	£2,550	15
2011	£277,107	£2,291	14
2010	£269,272	£2,488	9
2009	£249,409	£1,994	11
2008	£294,104	£2,184	7
2007	£302,540	£2,092	16
2006	£274,856	£2,064	23
2005	£234,687	£1,875	16
2004	£259,285	£2,012	14
2003	£232,950	£2,050	20
2002	£195,697	£1,461	18
2001	£153,865	£1,332	34
2000	£145,294	£1,160	17
1999	£139,808	£972	13
1998	£125,875	£1,121	8
1997	£104,433	£807	15
1996	£102,373	£797	24
1995	£96,542	£655	18

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£213,250	£2,910	4
2022	£238,625	£3,332	4
2021	£238,500	£3,337	2
2019	£245,000	£4,900	1
2018	£218,000	£3,697	3
2017	£175,000	£3,365	1
2016	£197,000	£2,873	4
2015	£140,833	£2,315	3
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	£164,000	£1,995	2
2009	£73,500	£1,529	1
2008	£115,000	£1,740	3
2007	£127,165	£2,590	3
2006	£79,250	£1,826	4
2005	£155,000	£1,750	1
2004	£134,156	£1,755	8
2003	£90,750	£1,433	4
2002	£81,198	£1,293	5
2001	£59,142	£1,130	7
2000	£49,498	£1,081	8
1999	£89,995	£909	1
1998	£15,500	£256	2
1997	£48,667	£758	3
1996	£44,950	£749	1
1995	£69,833	£713	3

House Type in ME5 9BA area

The most common house types in the ME5 9BA postcode area are Terraced (88), Semi-detached (25), and Detached (19).

Total	132
Terraced	88
Semi-detached	25
Detached	19
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (42), and Social rented: Other social rented (42).

Owned: Owns with a mortgage or loan	42
Social rented: Other social rented	42
Owned: Owns outright	27
Social rented: Rents from council or Local Authority	10
Private rented: Private landlord or letting agency	9
Private rented: Other private rented	3
Lives rent free	1
Does not apply	0
Shared ownership: Shared ownership	0

Number of People in a Household

The most houses in the ME5 9BA have 2 people in household (44), and 1 person in household (39).

2 people in household	44
1 person in household	39
3 people in household	20
4 people in household	19
5 people in household	5
6 people in household	3
7 people in household	1
0 people in household	0
8 or more people in household	0