Housing Market Analysis for FOREST DRIVE, ME5 9NY

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £186,250 median price is £186,250 Standard Deviation is £13,750 with Total Sold: 2
    • The most recent sale happened at this postcode is 1 FOREST DRIVE: £200,000 (Sold on 12 Jul 2013)
    • The first recorded sale happened at this postcode is 1 FOREST DRIVE: £172,500 (Sold on 21 Jun 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 9NY 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£200,000 £2,353 1
2004£172,500 £2,029 1

All the Sales in the FOREST DRIVE, ME5 9NY

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

AddressSold DatePrice% Change
1 FOREST DRIVESemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1967-197512 Jul 2013£200,00015.94%
21 Jun 2004£172,500First Sale

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

FOREST DRIVE, ME5 9NY Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £189,669 median price is £183,000 Standard Deviation is £94,761 with Total Sold: 828
    • The Last 5 Year average price is £326,606 with Total Sold: 134
    • 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)
  • Terraced
    • The average price is around £157,211 median price is £148,000 Standard Deviation is £87,492 with Total Sold: 541
    • The Last 5 Year average price is £299,712 with Total Sold: 73
    • 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 , 63 CATKIN CLOSE: £66,500 (Sold on 27 Jan 1995)
  • Detached
    • The average price is around £281,659 median price is £261,000 Standard Deviation is £149,220 with Total Sold: 680
    • The Last 5 Year average price is £467,735 with Total Sold: 118
    • The most recent sale happened at this postcode is , 38 TUNBURY AVENUE: £580,000 (Sold on 08 Aug 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 £128,258 median price is £122,000 Standard Deviation is £57,207 with Total Sold: 231
    • The Last 5 Year average price is £177,457 with Total Sold: 35
    • The most recent sale happened at this postcode is FLAT 13, FONTANA, 424 - 426 WALDERSLADE ROAD: £207,500 (Sold on 04 Jul 2024)
    • The first recorded sale happened at this postcode is FLAT 1, GLENEAGLES COURT MAFEKING ROAD: £62,000 (Sold on 12 Jan 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£327,500 £4,056 10
2023£371,132 £4,611 17
2022£338,978 £4,312 23
2021£335,288 £3,860 33
2020£303,838 £3,625 37
2019£291,286 £3,470 14
2018£274,699 £3,471 19
2017£297,214 £3,489 28
2016£270,352 £3,048 32
2015£237,248 £2,996 30
2014£212,577 £2,907 27
2013£202,966 £2,494 27
2012£184,773 £2,298 22
2011£168,614 £2,107 22
2010£187,071 £2,530 21
2009£179,247 £2,254 20
2008£217,750 £2,756 16
2007£196,757 £2,212 34
2006£191,116 £2,209 43
2005£185,330 £2,134 25
2004£166,844 £2,036 45
2003£161,582 £1,948 35
2002£131,060 £1,613 24
2001£110,390 £1,309 32
2000£95,394 £1,212 24
1999£81,628 £1,002 31
1998£78,209 £972 43
1997£69,523 £870 40
1996£67,054 £803 27
1995£67,507 £868 27
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£314,833 £4,132 3
2023£360,000 £4,121 7
2022£322,194 £4,755 18
2021£291,019 £4,001 26
2020£283,500 £3,804 6
2019£257,500 £3,712 13
2018£248,573 £3,852 13
2017£250,000 £3,590 18
2016£233,344 £3,199 16
2015£218,885 £3,227 13
2014£191,583 £2,671 24
2013£176,194 £2,591 18
2012£148,455 £2,596 11
2011£168,188 £2,236 8
2010£177,166 £2,677 6
2009£155,632 £2,319 11
2008£174,188 £2,567 16
2007£190,886 £2,691 22
2006£164,013 £2,459 19
2005£153,972 £2,505 20
2004£154,546 £2,289 31
2003£133,042 £2,142 22
2002£132,000 £1,475 17
2001£86,972 £1,463 28
2000£79,124 £1,242 28
1999£68,099 £1,039 30
1998£61,499 £1,005 24
1997£57,897 £820 24
1996£51,826 £868 23
1995£55,518 £740 26
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£500,0004
2023£483,735 £4,131 17
2022£524,259 £4,661 27
2021£464,803 £3,995 33
2020£430,000 £3,664 17
2019£408,288 £3,550 20
2018£413,063 £3,854 19
2017£407,852 £3,422 27
2016£379,750 £3,502 34
2015£336,020 £2,860 25
2014£310,139 £2,614 18
2013£286,477 £2,221 22
2012£312,400 £2,299 15
2011£292,231 £2,337 13
2010£308,133 £2,597 15
2009£258,470 £2,213 17
2008£360,214 £2,154 7
2007£271,723 £2,357 39
2006£275,924 £2,340 27
2005£298,781 £2,202 16
2004£267,476 £2,121 21
2003£240,000 £1,891 20
2002£211,591 £1,645 25
2001£159,995 £1,407 30
2000£150,203 £1,138 27
1999£131,548 £1,089 31
1998£129,465 £1,074 34
1997£108,724 £844 33
1996£104,106 £952 25
1995£99,802 £999 22
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£166,500 £3,032 5
2023£189,250 £3,262 8
2022£175,375 £2,923 12
2021£203,000 £3,558 3
2020£170,900 £3,395 5
2019£148,250 £2,961 2
2018£154,694 £2,383 9
2017£187,625 £3,411 10
2016£178,663 £2,784 9
2015£125,821 £2,061 14
2014£146,321 £2,427 7
2013£104,550 £2,136 10
2012£100,400 £1,988 5
2011£103,500 £2,285 2
2010£124,400 £2,357 5
2009£104,250 £2,372 4
2008£89,536 £1,783 7
2007£110,343 £2,196 16
2006£121,600 £2,792 10
2005£112,500 £2,280 4
2004£136,442 £2,418 13
2003£118,400 £2,235 25
2002£120,952 £2,281 24
2001£71,300 £1,239 5
2000£57,933 £981 6
1999£89,995 £909 1
1998£38,0001
1997£55,667 £714 3
1996£38,225 £749 2
1995£47,625 £648 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£350,0001
2023£10,0001
2022£227,500 £3,994 2
2018£343,500 £21,406 2
2017£188,2003
2016£565,000 £2,062 1

House Type in ME5 9NY area

The most common house types in the ME5 9NY postcode area are Detached (62), Flat (54), and Semi-detached (45).

Total180
Detached62
Flat54
Semi-detached45
Terraced9
Shared house6
commercial building4
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (86), and Owned: Owns with a mortgage or loan (54).

Owned: Owns outright86
Owned: Owns with a mortgage or loan54
Private rented: Private landlord or letting agency19
Shared ownership: Shared ownership10
Private rented: Other private rented6
Social rented: Other social rented3
Social rented: Rents from council or Local Authority2
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the ME5 9NY have 1 person in household (68), and 2 people in household (60).

1 person in household68
2 people in household60
4 people in household24
3 people in household19
5 people in household5
6 people in household2
7 people in household2
0 people in household0
8 or more people in household0