Housing Market Analysis for CHESTNUT AVENUE, ME5 9BJ

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £350,000 median price is £350,000 Standard Deviation is £130,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 124 CHESTNUT AVENUE: £480,000 (Sold on 13 Aug 2018)
    • The first recorded sale happened at this postcode is 124 CHESTNUT AVENUE: £220,000 (Sold on 13 Oct 2000)
  • Semi-Detached
    • The average price is around £165,000 median price is £130,000 Standard Deviation is £94,343 with Total Sold: 3
    • The most recent sale happened at this postcode is 128 CHESTNUT AVENUE: £294,000 (Sold on 01 Oct 2009)
    • The first recorded sale happened at this postcode is 128 CHESTNUT AVENUE: £71,000 (Sold on 03 Jan 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 9BJ 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
2018£480,000 £3,117 1
2000£220,000 £1,429 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2009£294,000 £2,292 1
2004£130,0001
1997£71,000 £553 1

All the Sales in the CHESTNUT AVENUE, ME5 9BJ

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

AddressSold DatePrice% Change
124 CHESTNUT AVENUEDetached, FreeholdArea: 154 Sq.mtrAge: 1950-196613 Aug 2018£480,000118.18%
13 Oct 2000£220,000First Sale
128 CHESTNUT AVENUESemi-Detached, FreeholdArea: 128.3 Sq.mtrAge: 1950-196601 Oct 2009£294,000314.08%
03 Jan 1997£71,000First Sale
122 CHESTNUT AVENUESemi-Detached, Freehold08 Apr 2004£130,000First Sale

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

CHESTNUT AVENUE, ME5 9BJ Near By properties

Interactive Map

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

  • Detached
    • The average price is around £268,798 median price is £248,000 Standard Deviation is £130,085 with Total Sold: 452
    • The Last 5 Year average price is £440,456 with Total Sold: 70
    • The most recent sale happened at this postcode is , 40 SADLERS CLOSE: £567,000 (Sold on 03 Sep 2024)
    • The first recorded sale happened at this postcode is , 455 MAIDSTONE ROAD: £76,000 (Sold on 21 Feb 1995)
  • Semi-Detached
    • The average price is around £179,177 median price is £165,000 Standard Deviation is £97,188 with Total Sold: 573
    • The Last 5 Year average price is £309,476 with Total Sold: 92
    • The most recent sale happened at this postcode is , 77 WATSON AVENUE: £225,000 (Sold on 02 Sep 2024)
    • The first recorded sale happened at this postcode is , 44 HURSTWOOD: £44,500 (Sold on 17 Feb 1995)
  • Terraced
    • The average price is around £147,344 median price is £135,000 Standard Deviation is £78,940 with Total Sold: 604
    • The Last 5 Year average price is £257,253 with Total Sold: 106
    • 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 £1,427,900 median price is £440,000 Standard Deviation is £2,216,744 with Total Sold: 5
    • The Last 5 Year average price is £431,667 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 , 31 YARROW ROAD: £500 (Sold on 14 Jul 2017)
  • Flat
    • The average price is around £170,450 median price is £143,000 Standard Deviation is £101,298 with Total Sold: 20
    • The Last 5 Year average price is £261,714 with Total Sold: 7
    • The most recent sale happened at this postcode is , 51 MARSTON CLOSE: £123,000 (Sold on 03 Mar 2023)
    • The first recorded sale happened at this postcode is , 1B KIT HILL AVENUE: £77,000 (Sold on 23 Jun 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£460,500 £4,432 4
2023£516,500 £4,427 10
2022£459,050 £4,956 10
2021£422,938 £3,781 16
2020£423,147 £3,701 17
2019£405,684 £3,633 13
2018£406,500 £3,110 14
2017£385,361 £3,174 18
2016£386,615 £3,490 13
2015£333,633 £3,225 15
2014£298,700 £2,835 15
2013£271,543 £2,580 22
2012£260,292 £2,462 12
2011£268,300 £2,204 15
2010£267,312 £2,758 8
2009£260,923 £2,222 13
2008£278,621 £2,397 6
2007£317,087 £2,265 19
2006£277,756 £2,029 24
2005£238,042 £1,808 12
2004£251,874 £2,115 20
2003£207,499 £1,894 21
2002£192,212 £1,560 19
2001£162,118 £1,386 25
2000£160,538 £1,233 13
1999£137,218 £1,037 16
1998£112,700 £986 10
1997£106,076 £788 19
1996£90,438 £759 16
1995£99,006 £774 17
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£302,846 £3,309 13
2023£313,739 £3,933 16
2022£332,893 £4,212 14
2021£320,077 £3,808 26
2020£308,000 £3,854 11
2019£262,042 £3,329 12
2018£296,166 £3,605 17
2017£295,974 £3,195 19
2016£267,000 £3,059 18
2015£243,500 £3,009 16
2014£218,795 £2,551 18
2013£193,571 £2,333 14
2012£163,277 £2,109 9
2011£165,267 £1,922 12
2010£179,447 £2,483 19
2009£172,500 £1,795 12
2008£196,750 £2,538 10
2007£194,942 £2,399 35
2006£168,416 £1,708 24
2005£162,523 £2,196 11
2004£158,982 £2,147 28
2003£154,710 £1,832 27
2002£134,190 £1,309 21
2001£113,879 £1,215 23
2000£89,532 £1,070 30
1999£78,149 £815 17
1998£76,105 £956 26
1997£64,048 £718 29
1996£60,465 £682 26
1995£57,337 £693 20
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£293,625 £3,908 4
2023£333,583 £3,589 12
2022£261,713 £3,761 18
2021£258,125 £3,170 24
2020£226,190 £2,893 21
2019£238,352 £2,794 27
2018£230,704 £2,922 26
2017£202,542 £2,843 20
2016£205,762 £2,649 26
2015£176,478 £2,353 23
2014£157,013 £2,041 19
2013£135,118 £1,839 17
2012£128,542 £1,679 12
2011£128,833 £1,657 6
2010£140,944 £1,738 18
2009£121,676 £1,646 17
2008£147,045 £1,898 11
2007£151,389 £2,011 36
2006£135,680 £1,895 35
2005£126,656 £1,731 16
2004£125,786 £1,721 28
2003£111,919 £1,410 20
2002£91,148 £1,135 32
2001£71,964 £969 28
2000£62,656 £827 27
1999£52,677 £708 25
1998£51,473 £766 19
1997£45,929 £657 14
1996£38,929 £530 14
1995£39,792 £577 9
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£352,5002
2022£590,000 £4,126 1
2018£5,844,0001
2017£5001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£123,000 £2,460 1
2021£297,000 £4,243 1
2019£282,400 £4,071 5
2018£268,750 £3,680 2
2016£172,000 £2,947 2
2014£163,000 £2,117 1
2012£115,000 £1,513 1
2010£30,0001
2007£121,0001
2003£67,0001
2002£52,500 £610 1
2001£35,000 £1,000 2
1995£77,0001

House Type in ME5 9BJ area

The most common house types in the ME5 9BJ postcode area are Terraced (56), Semi-detached (36), and Flat (26).

Total126
Terraced56
Semi-detached36
Flat26
Detached7
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (41), and Owned: Owns with a mortgage or loan (37).

Social rented: Other social rented41
Owned: Owns with a mortgage or loan37
Owned: Owns outright32
Private rented: Private landlord or letting agency8
Social rented: Rents from council or Local Authority7
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the ME5 9BJ have 1 person in household (43), and 2 people in household (36).

1 person in household43
2 people in household36
3 people in household20
4 people in household15
5 people in household8
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0