Housing Market Analysis for OAK TERRACE, ME5 9PY

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £142,916 median price is £153,750 Standard Deviation is £67,892 with Total Sold: 6
    • The most recent sale happened at this postcode is 2 OAK TERRACE: £255,000 (Sold on 04 Jan 2018)
    • The first recorded sale happened at this postcode is 4 OAK TERRACE: £59,995 (Sold on 14 Feb 1997)
  • Detached
    • The average price is around £80,000 median price is £80,000 Standard Deviation is £3,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 3 OAK TERRACE: £83,000 (Sold on 23 Jun 2000)
    • The first recorded sale happened at this postcode is 3 OAK TERRACE: £77,000 (Sold on 26 Aug 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 9PY 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
2018£255,000 £3,355 1
2006£175,0001
2005£147,500 £1,941 1
2004£160,0001
1999£60,000 £822 1
1997£59,9951
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2000£83,0001
1999£77,0001

All the Sales in the OAK TERRACE, ME5 9PY

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

AddressSold DatePrice% Change
2 OAK TERRACESemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1950-196604 Jan 2018£255,00072.88%
16 Dec 2005£147,500First Sale
3 OAK TERRACESemi-Detached, Freehold31 May 2006£175,000110.84%
23 Jun 2000£83,0007.79%
26 Aug 1999£77,000First Sale
4 OAK TERRACESemi-Detached, Freehold20 Aug 2004£160,000166.69%
14 Feb 1997£59,995First Sale
1 OAK TERRACESemi-Detached, FreeholdArea: 73 Sq.mtrAge: 1950-196616 Nov 1999£60,000First Sale

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

OAK TERRACE, ME5 9PY Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £192,441 median price is £180,250 Standard Deviation is £97,637 with Total Sold: 880
    • The Last 5 Year average price is £332,809 with Total Sold: 149
    • 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 , 13 PRINCES AVENUE: £40,732 (Sold on 18 Jan 1995)
  • Detached
    • The average price is around £283,424 median price is £250,000 Standard Deviation is £151,305 with Total Sold: 531
    • The Last 5 Year average price is £464,672 with Total Sold: 96
    • 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 , 79 BOXLEY ROAD: £101,000 (Sold on 28 Feb 1995)
  • Flat
    • The average price is around £116,153 median price is £115,000 Standard Deviation is £54,074 with Total Sold: 359
    • The Last 5 Year average price is £178,912 with Total Sold: 51
    • 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 £184,527 median price is £172,000 Standard Deviation is £100,248 with Total Sold: 217
    • The Last 5 Year average price is £322,400 with Total Sold: 35
    • 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 , 33 POLHILL DRIVE: £60,000 (Sold on 20 Mar 1995)
  • Other
    • The average price is around £249,236 median price is £265,000 Standard Deviation is £219,012 with Total Sold: 11
    • 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£334,471 £4,020 17
2023£362,476 £4,452 21
2022£351,500 £4,052 29
2021£349,333 £3,630 33
2020£300,855 £3,482 31
2019£291,250 £3,297 18
2018£275,895 £3,267 21
2017£301,472 £3,231 36
2016£269,574 £2,929 37
2015£242,731 £2,661 26
2014£210,637 £2,721 28
2013£198,646 £2,351 28
2012£171,730 £2,092 25
2011£179,409 £1,970 22
2010£180,889 £2,388 18
2009£182,402 £2,256 21
2008£213,368 £2,343 19
2007£192,546 £2,102 37
2006£190,351 £2,023 37
2005£176,843 £1,915 32
2004£168,551 £1,910 48
2003£164,241 £1,760 35
2002£125,605 £1,468 33
2001£104,417 £1,112 34
2000£94,479 £1,110 26
1999£80,862 £914 31
1998£79,632 £842 38
1997£70,397 £832 39
1996£68,407 £772 33
1995£60,553 £702 27
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£476,1437
2023£472,318 £4,013 11
2022£486,639 £4,321 18
2021£498,583 £3,905 30
2020£389,083 £3,719 12
2019£427,444 £3,358 18
2018£408,982 £3,671 17
2017£414,542 £3,355 24
2016£363,923 £3,459 26
2015£327,500 £2,740 15
2014£322,700 £2,686 20
2013£281,250 £2,258 20
2012£303,667 £2,264 15
2011£282,167 £2,393 12
2010£288,854 £2,470 14
2009£260,785 £2,040 14
2008£420,250 £1,882 4
2007£247,129 £2,197 27
2006£256,860 £2,292 20
2005£306,181 £2,151 11
2004£261,326 £2,048 23
2003£233,269 £1,660 13
2002£193,911 £1,266 17
2001£153,273 £1,422 25
2000£147,781 £952 16
1999£130,115 £1,059 26
1998£129,195 £1,000 19
1997£109,108 £790 23
1996£94,185 £903 17
1995£91,503 £769 17
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£154,583 £3,032 6
2023£192,000 £3,316 9
2022£185,125 £3,072 16
2021£181,556 £2,986 9
2020£175,812 £3,254 8
2019£155,500 £2,951 3
2018£156,225 £2,424 10
2017£164,203 £3,011 16
2016£169,572 £2,677 12
2015£128,531 £2,090 16
2014£124,134 £2,185 13
2013£108,154 £2,116 13
2012£106,750 £1,856 12
2011£107,667 £2,168 3
2010£118,333 £2,066 9
2009£104,250 £2,372 4
2008£94,917 £1,770 9
2007£108,299 £2,094 19
2006£119,543 £2,498 15
2005£113,181 £1,932 11
2004£131,422 £2,292 16
2003£113,564 £2,092 31
2002£105,451 £2,033 34
2001£67,286 £1,129 7
2000£54,976 £909 17
1999£45,712 £670 7
1998£36,909 £625 11
1997£40,293 £629 9
1996£34,075 £585 6
1995£41,312 £607 8
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£314,833 £4,132 3
2023£362,500 £4,163 4
2022£359,143 £4,000 7
2021£320,600 £3,268 10
2020£309,000 £3,125 3
2019£280,312 £3,193 8
2018£257,988 £3,392 4
2017£342,571 £3,111 7
2016£262,857 £2,887 7
2015£247,700 £2,737 5
2014£213,785 £2,382 14
2013£220,000 £2,155 6
2012£166,667 £2,007 3
2011£178,500 £1,868 4
2010£184,088 £2,356 4
2009£168,125 £1,975 4
2008£190,350 £2,203 10
2007£202,173 £2,601 13
2006£192,186 £2,109 8
2005£162,582 £2,009 6
2004£175,143 £1,923 7
2003£131,499 £1,599 9
2002£141,708 £1,582 12
2001£98,554 £1,419 9
2000£83,929 £1,078 7
1999£75,363 £876 11
1998£60,438 £720 8
1997£55,648 £715 10
1996£65,000 £662 1
1995£57,759 £629 13
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£168,650 £1,134 4
2016£565,000 £2,062 1

House Type in ME5 9PY area

The most common house types in the ME5 9PY postcode area are Semi-detached (74), Detached (33), and Terraced (16).

Total134
Semi-detached74
Detached33
Terraced16
commercial building8
Shared house2
Flat1
converted 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 (63), and Owned: Owns outright (50).

Owned: Owns with a mortgage or loan63
Owned: Owns outright50
Private rented: Private landlord or letting agency13
Private rented: Other private rented8
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the ME5 9PY have 2 people in household (50), and 3 people in household (28).

2 people in household50
3 people in household28
1 person in household25
4 people in household23
5 people in household8
6 people in household1
8 or more people in household1
0 people in household0
7 people in household0