Housing Market Analysis for SHERWOOD AVENUE, ME5 9NU

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

Overview of Sold House prices

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

Detached
- The average price is around £336,750 median price is £369,250 Standard Deviation is £95,674 with Total Sold: 14
- The Last 5 Year average price is £457,000 with Total Sold: 3
- The most recent sale happened at this postcode is 8 SHERWOOD AVENUE: £521,000 (Sold on 07 Oct 2022)
- The first recorded sale happened at this postcode is 2 SHERWOOD AVENUE: £440,000 (Sold on 02 Aug 2024)
Semi-Detached
- The average price is around £87,000 median price is £87,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 22 SHERWOOD AVENUE: £87,000 (Sold on 21 Aug 1995)
- The first recorded sale happened at this postcode is 22 SHERWOOD AVENUE: £87,000 (Sold on 21 Aug 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 9NU 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£521,000	£4,694	1
2020	£410,000	£4,227	1
2017	£410,000	£3,015	1
2016	£385,000	£3,239	3
2015	£368,500	£3,290	1
2013	£250,000	£1,794	2
2009	£229,995	£2,072	1
2004	£237,000	£2,443	1
2003	£221,500		2
2024	£440,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
1995	£87,000		1

All the Sales in the SHERWOOD AVENUE, ME5 9NU

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

Address	Sold Date	Price	% Change
8 SHERWOOD AVENUEDetached, FreeholdArea: 111 Sq.mtrAge: 1967-1975	07 Oct 2022	£521,000	126.53%
	29 May 2009	£229,995	First Sale
20 SHERWOOD AVENUEDetached, FreeholdArea: 97 Sq.mtrAge: 1950-1966	17 Aug 2020	£410,000	2.50%
	11 Nov 2016	£400,000	68.78%
	01 Sep 2004	£237,000	First Sale
4 SHERWOOD AVENUEDetached, FreeholdArea: 136 Sq.mtrAge: 1950-1966	12 Oct 2017	£410,000	First Sale
2 SHERWOOD AVENUEDetached, FreeholdArea: 164 Sq.mtrAge: 1950-1966	29 Jul 2016	£385,000	-12.50%
	02 Aug 2024	£440,000	First Sale
16 SHERWOOD AVENUEDetached, FreeholdArea: 114 Sq.mtrAge: 1967-1975	29 Apr 2016	£370,000	First Sale
6 SHERWOOD AVENUEDetached, FreeholdArea: 112 Sq.mtrAge: 1967-1975	09 Dec 2015	£368,500	First Sale
24 SHERWOOD AVENUEDetached, FreeholdArea: 122 Sq.mtrAge: 1967-1975	10 Dec 2013	£250,000	First Sale
2A SHERWOOD AVENUEDetached, FreeholdArea: 162.5 Sq.mtrAge: 1967-1975	28 Mar 2013	£250,000	First Sale
26 SHERWOOD AVENUEDetached, Freehold	25 Jul 2003	£195,000	First Sale
12 SHERWOOD AVENUEDetached, Freehold	09 May 2003	£248,000	First Sale
22 SHERWOOD AVENUESemi-Detached, Freehold	21 Aug 1995	£87,000	First Sale

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

SHERWOOD AVENUE, ME5 9NU Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £193,160 median price is £184,000 Standard Deviation is £96,704 with Total Sold: 806
- The Last 5 Year average price is £330,257 with Total Sold: 138
- The most recent sale happened at this postcode is , 16 MARION CLOSE: £340,000 (Sold on 16 Sep 2024)
- The first recorded sale happened at this postcode is , 94 ROBIN HOOD LANE: £77,000 (Sold on 17 Feb 1995)
Detached
- The average price is around £283,725 median price is £259,000 Standard Deviation is £150,572 with Total Sold: 604
- The Last 5 Year average price is £466,488 with Total Sold: 107
- The most recent sale happened at this postcode is , 56A DARGETS ROAD: £424,500 (Sold on 11 Sep 2024)
- The first recorded sale happened at this postcode is , 145 ROBIN HOOD LANE: £108,000 (Sold on 17 Feb 1995)
Flat
- The average price is around £119,423 median price is £117,975 Standard Deviation is £53,936 with Total Sold: 306
- The Last 5 Year average price is £177,702 with Total Sold: 47
- The most recent sale happened at this postcode is , 2 HORNBEAM AVENUE: £95,000 (Sold on 21 Aug 2024)
- The first recorded sale happened at this postcode is FLAT 1, GLENEAGLES COURT MAFEKING ROAD: £62,000 (Sold on 12 Jan 1995)
Terraced
- The average price is around £168,329 median price is £154,999 Standard Deviation is £93,872 with Total Sold: 347
- The Last 5 Year average price is £309,144 with Total Sold: 52
- The most recent sale happened at this postcode is , 9 BETTERIDGE CLOSE: £347,000 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 26 ALEXANDRA GLEN: £70,000 (Sold on 27 Feb 1995)
Other
- The average price is around £263,160 median price is £270,000 Standard Deviation is £225,012 with Total Sold: 10
- The Last 5 Year average price is £203,750 with Total Sold: 4
- The most recent sale happened at this postcode is , 6 BETTERIDGE CLOSE: £350,000 (Sold on 10 Apr 2024)
- The first recorded sale happened at this postcode is , 31 WOODLANDS: £565,000 (Sold on 08 Nov 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£340,846	£4,416	13
2023	£361,611	£4,549	18
2022	£347,796	£4,151	27
2021	£348,935	£3,600	31
2020	£295,152	£3,507	33
2019	£293,000	£3,539	16
2018	£274,766	£3,380	18
2017	£304,133	£3,258	30
2016	£275,066	£2,909	34
2015	£239,111	£2,751	27
2014	£209,855	£2,735	27
2013	£205,004	£2,385	26
2012	£169,184	£2,076	23
2011	£178,738	£2,003	21
2010	£183,500	£2,370	17
2009	£179,545	£2,255	21
2008	£219,094	£2,414	16
2007	£194,285	£2,117	34
2006	£194,954	£2,104	33
2005	£184,729	£1,970	24
2004	£169,336	£1,957	49
2003	£162,998	£1,846	34
2002	£124,961	£1,459	26
2001	£102,660	£1,184	28
2000	£95,498	£1,111	23
1999	£80,325	£919	33
1998	£78,621	£935	35
1997	£71,666	£850	39
1996	£68,282	£798	30
1995	£65,962	£810	20

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£476,143		7
2023	£484,250	£4,018	16
2022	£482,095	£4,478	21
2021	£505,804	£3,894	28
2020	£408,438	£3,822	16
2019	£421,671	£3,426	19
2018	£411,639	£3,736	23
2017	£412,462	£3,391	26
2016	£372,773	£3,414	33
2015	£327,472	£2,790	18
2014	£317,190	£2,593	21
2013	£283,800	£2,192	20
2012	£300,500	£2,296	15
2011	£289,636	£2,339	11
2010	£290,067	£2,455	15
2009	£247,214	£1,915	14
2008	£426,500	£1,882	5
2007	£256,982	£2,242	28
2006	£258,958	£2,459	25
2005	£296,166	£2,151	12
2004	£258,661	£2,149	28
2003	£225,763	£1,860	19
2002	£206,684	£1,468	19
2001	£154,477	£1,422	29
2000	£147,447	£1,064	19
1999	£127,481	£1,076	27
1998	£127,759	£1,041	22
1997	£107,685	£827	27
1996	£97,224	£930	23
1995	£96,281	£834	18

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£154,583	£3,032	6
2023	£192,000	£3,316	9
2022	£178,808	£2,971	13
2021	£187,375	£3,087	8
2020	£175,812	£3,254	8
2019	£155,500	£2,951	3
2018	£154,694	£2,383	9
2017	£161,635	£3,058	13
2016	£173,634	£2,706	11
2015	£128,531	£2,090	16
2014	£122,274	£2,227	10
2013	£106,227	£2,128	11
2012	£106,000	£1,856	11
2011	£107,667	£2,168	3
2010	£124,400	£2,357	5
2009	£104,250	£2,372	4
2008	£89,536	£1,783	7
2007	£106,099	£2,106	17
2006	£120,762	£2,704	12
2005	£113,050	£1,956	10
2004	£136,442	£2,418	13
2003	£114,383	£2,118	30
2002	£109,011	£2,134	31
2001	£69,167	£1,174	6
2000	£55,327	£944	11
1999	£46,898	£657	5
1998	£36,929	£641	7
1997	£41,330	£629	8
1996	£36,983	£749	3
1995	£43,250	£624	6

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£314,833	£4,132	3
2023	£362,500	£4,163	4
2022	£323,906	£4,676	16
2021	£305,625	£3,745	16
2020	£309,000	£3,125	3
2019	£268,150	£3,570	10
2018	£240,564	£3,593	7
2017	£318,111	£3,326	9
2016	£247,300	£3,195	10
2015	£225,938	£3,015	8
2014	£204,166	£2,491	18
2013	£178,250	£2,477	14
2012	£161,875	£2,312	4
2011	£172,500	£2,037	6
2010	£180,770	£2,582	5
2009	£154,457	£2,365	7
2008	£176,607	£2,516	14
2007	£192,458	£2,666	18
2006	£180,199	£2,279	15
2005	£155,313	£2,405	11
2004	£154,219	£2,235	16
2003	£132,745	£1,997	14
2002	£139,115	£1,554	13
2001	£91,860	£1,467	18
2000	£80,038	£1,272	13
1999	£69,210	£1,018	19
1998	£61,385	£903	13
1997	£56,041	£804	18
1996	£52,333	£936	9
1995	£56,242	£704	16

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£350,000		1
2023	£10,000		1
2022	£227,500	£3,994	2
2018	£343,500	£21,406	2
2017	£188,200		3
2016	£565,000	£2,062	1

House Type in ME5 9NU area

The most common house types in the ME5 9NU postcode area are Semi-detached (54), Detached (44), and Terraced (35).

Total	133
Semi-detached	54
Detached	44
Terraced	35
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 outright (64), and Owned: Owns with a mortgage or loan (63).

Owned: Owns outright	64
Owned: Owns with a mortgage or loan	63
Private rented: Private landlord or letting agency	4
Shared ownership: Shared ownership	1
Social rented: Other social rented	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the ME5 9NU have 2 people in household (43), and 3 people in household (33).

2 people in household	43
3 people in household	33
4 people in household	32
1 person in household	17
5 people in household	7
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0