Housing Market Analysis for VALE DRIVE, ME5 9XA

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £173,450 median price is £171,500 Standard Deviation is £91,732 with Total Sold: 20
- The Last 5 Year average price is £314,000 with Total Sold: 3
- The most recent sale happened at this postcode is 75 VALE DRIVE: £342,000 (Sold on 17 Jul 2023)
- The first recorded sale happened at this postcode is 78 VALE DRIVE: £50,000 (Sold on 27 Sep 1996)
Terraced
- The average price is around £145,417 median price is £147,500 Standard Deviation is £20,781 with Total Sold: 6
- The most recent sale happened at this postcode is 84 VALE DRIVE: £133,000 (Sold on 22 Jul 2013)
- The first recorded sale happened at this postcode is 88 VALE DRIVE: £111,000 (Sold on 24 May 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 9XA 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
2023	£321,000	£3,787	2
2021	£300,000	£4,000	1
2017	£248,000	£3,351	1
2016	£305,000	£2,563	1
2015	£220,000	£2,716	2
2014	£182,000	£2,427	1
2013	£150,000	£2,027	1
2008	£137,500		2
2004	£163,000	£2,117	1
2003	£180,000		1
2002	£117,500	£1,226	2
2001	£108,000		1
1998	£66,000	£733	1
1997	£62,500	£648	2
1996	£50,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2013	£133,000	£1,642	1
2009	£160,000	£1,733	1
2008	£163,500		1
2006	£170,000		1
2004	£135,000		1
2002	£111,000	£1,203	1

All the Sales in the VALE DRIVE, ME5 9XA

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

Address	Sold Date	Price	% Change
75 VALE DRIVESemi-Detached, FreeholdArea: 93 Sq.mtrAge: 1930-1949	17 Jul 2023	£342,000	200.00%
	20 Mar 2002	£114,000	First Sale
108 VALE DRIVESemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1930-1949	03 Mar 2023	£300,000	84.05%
	18 Oct 2004	£163,000	First Sale
98 VALE DRIVESemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1950-1966	14 Oct 2021	£300,000	First Sale
76 VALE DRIVESemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1950-1966	27 Oct 2017	£248,000	65.33%
	15 Mar 2013	£150,000	First Sale
70 VALE DRIVESemi-Detached, FreeholdArea: 119 Sq.mtrAge: 1950-1966	01 Mar 2016	£305,000	369.23%
	28 Nov 1997	£65,000	First Sale
94 VALE DRIVESemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1950-1966	10 Jul 2015	£220,000	266.67%
	07 Feb 1997	£60,000	First Sale
72 VALE DRIVESemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1950-1966	09 Jan 2015	£220,000	First Sale
69 VALE DRIVESemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1930-1949	19 Sep 2014	£182,000	First Sale
84 VALE DRIVETerraced, FreeholdArea: 81 Sq.mtrAge: 1950-1966	22 Jul 2013	£133,000	First Sale
88 VALE DRIVETerraced, FreeholdArea: 92.3 Sq.mtrAge: 1967-1975	16 Oct 2009	£160,000	44.14%
	24 May 2002	£111,000	First Sale
96 VALE DRIVESemi-Detached, Freehold	24 Apr 2008	£50,000	-53.70%
96 VALE DRIVESemi-Detached, Freehold	21 Jun 2001	£108,000	First Sale
79 VALE DRIVESemi-Detached, Freehold	26 Mar 2008	£225,000	25.00%
79 VALE DRIVESemi-Detached, Freehold	21 Nov 2003	£180,000	First Sale
67 VALE DRIVETerraced, Freehold	11 Feb 2008	£163,500	21.11%
67 VALE DRIVETerraced, Freehold	27 Feb 2004	£135,000	First Sale
86 VALE DRIVETerraced, Freehold	24 Nov 2006	£170,000	First Sale
77 VALE DRIVESemi-Detached, Freehold	02 Sep 2002	£121,000	First Sale
106 VALE DRIVESemi-Detached, FreeholdArea: 90 Sq.mtrAge: 1950-1966	08 Jan 1998	£66,000	First Sale
78 VALE DRIVESemi-Detached, Freehold	27 Sep 1996	£50,000	First Sale

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

VALE DRIVE, ME5 9XA Near By properties

Interactive Map

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

Detached
- The average price is around £305,789 median price is £315,000 Standard Deviation is £130,429 with Total Sold: 219
- The Last 5 Year average price is £456,235 with Total Sold: 37
- The most recent sale happened at this postcode is , 124 SNODHURST AVENUE: £610,000 (Sold on 03 Sep 2024)
- The first recorded sale happened at this postcode is , 11 PRIMROSE CLOSE: £219,000 (Sold on 22 Jun 1995)
Flat
- The average price is around £179,560 median price is £201,750 Standard Deviation is £69,040 with Total Sold: 224
- The Last 5 Year average price is £197,485 with Total Sold: 68
- The most recent sale happened at this postcode is 8, COCKPIT HOUSE PILOTS VIEW: £233,000 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is , 26 VALE DRIVE: £21,000 (Sold on 29 Mar 1996)
Semi-Detached
- The average price is around £165,026 median price is £152,000 Standard Deviation is £89,934 with Total Sold: 899
- The Last 5 Year average price is £279,362 with Total Sold: 162
- The most recent sale happened at this postcode is , 3 HOOK CLOSE: £281,000 (Sold on 29 Jul 2024)
- The first recorded sale happened at this postcode is , 101 WALDERSLADE ROAD: £44,500 (Sold on 06 Jan 1995)
Terraced
- The average price is around £180,954 median price is £157,500 Standard Deviation is £99,795 with Total Sold: 445
- The Last 5 Year average price is £268,329 with Total Sold: 92
- The most recent sale happened at this postcode is , 103 HARPTREE DRIVE: £200,000 (Sold on 24 Jun 2024)
- The first recorded sale happened at this postcode is , 101 HARPTREE DRIVE: £40,995 (Sold on 12 Apr 1995)
Other
- The average price is around £360,567 median price is £93,000 Standard Deviation is £604,317 with Total Sold: 23
- The Last 5 Year average price is £451,936 with Total Sold: 11
- The most recent sale happened at this postcode is , 24 VALE DRIVE: £170,000 (Sold on 05 Oct 2022)
- The first recorded sale happened at this postcode is , FORT HORSTED BUSINESS CENTRE PRIMROSE CLOSE: £682,750 (Sold on 24 Dec 2014)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£471,250		4
2023	£519,000	£3,541	3
2022	£391,833	£3,901	6
2021	£487,184	£3,603	12
2020	£420,750	£3,551	4
2019	£444,812	£3,136	8
2018	£398,375	£2,958	8
2017	£352,062	£3,098	8
2016	£379,000	£3,274	12
2015	£351,886	£2,594	22
2014	£339,304	£2,441	18
2013	£314,464	£2,406	21
2012	£199,333	£2,180	3
2011	£191,800	£2,271	5
2010	£281,167	£2,441	3
2009	£217,500	£3,187	2
2008	£362,667	£3,235	3
2007	£278,071	£2,550	7
2006	£322,700		5
2005	£269,555	£2,647	9
2004	£243,250	£2,446	8
2003	£225,428	£2,001	7
2002	£169,999	£1,829	7
2001	£170,333		3
2000	£151,188	£1,223	8
1999	£111,596	£1,080	9
1998	£114,125	£1,094	4
1997	£148,000	£994	5
1996	£51,500	£163	2
1995	£145,000	£902	3

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£223,600	£4,444	5
2023	£211,614	£3,184	11
2022	£229,031	£3,471	16
2021	£196,597	£3,083	18
2020	£190,000	£3,136	6
2019	£136,667	£2,131	12
2018	£221,831	£3,325	37
2017	£215,836	£3,287	61
2016	£189,000	£2,969	6
2015	£133,000	£3,049	3
2014	£115,000	£2,662	1
2013	£139,833	£2,349	6
2012	£85,000	£1,720	1
2011	£80,000	£1,802	1
2010	£95,000	£2,158	3
2009	£86,000		1
2008	£111,667	£2,423	3
2007	£123,000	£2,733	2
2006	£98,667	£2,220	3
2005	£85,800	£1,802	5
2004	£90,000		1
2003	£84,538	£1,969	2
2002	£70,497	£1,714	3
2001	£48,998	£913	3
2000	£49,000	£1,135	1
1999	£34,685	£860	4
1998	£34,200	£713	5
1997	£30,833	£684	3
1996	£21,000	£466	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£296,000		7
2023	£292,881	£4,004	32
2022	£310,761	£4,145	23
2021	£279,013	£3,762	38
2020	£256,321	£3,545	28
2019	£261,338	£3,158	34
2018	£291,274	£3,430	28
2017	£269,103	£3,473	29
2016	£238,087	£3,120	23
2015	£206,822	£2,841	46
2014	£176,917	£2,534	30
2013	£194,555	£2,191	36
2012	£160,582	£2,025	29
2011	£150,444	£2,069	16
2010	£148,765	£1,918	17
2009	£140,547	£2,024	19
2008	£154,227	£2,200	13
2007	£177,167	£2,108	36
2006	£155,406	£2,046	32
2005	£154,306	£1,954	24
2004	£140,258	£1,890	50
2003	£126,978	£1,661	29
2002	£108,819	£1,518	42
2001	£87,416	£1,203	36
2000	£79,165	£955	33
1999	£63,474	£799	32
1998	£58,282	£803	44
1997	£56,513	£719	33
1996	£52,053	£685	37
1995	£48,099	£649	23

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£266,143	£3,955	7
2023	£306,667	£4,218	15
2022	£332,667	£4,102	15
2021	£272,362	£3,616	20
2020	£237,542	£3,269	12
2019	£214,587	£2,715	23
2018	£334,950	£3,372	30
2017	£297,392	£3,307	28
2016	£250,403	£3,017	26
2015	£187,929	£2,508	7
2014	£160,288	£2,325	12
2013	£176,955	£2,060	11
2012	£143,964	£1,877	14
2011	£142,000	£1,991	8
2010	£133,250	£1,878	6
2009	£129,200	£1,676	5
2008	£147,571	£2,099	7
2007	£157,294	£2,168	17
2006	£150,545	£2,011	21
2005	£160,333	£2,184	3
2004	£137,833	£1,874	18
2003	£137,388	£1,791	25
2002	£101,603	£1,382	24
2001	£77,323	£1,133	17
2000	£71,820	£937	17
1999	£57,764	£718	16
1998	£56,145	£789	14
1997	£45,942	£742	13
1996	£45,200	£690	10
1995	£42,874	£634	4

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£1,242,667	£3,953	3
2021	£269,000	£3,917	2
2019	£117,549	£1,661	6
2018	£61,001	£1,037	9
2016	£1,045,000		2
2014	£682,750		1

House Type in ME5 9XA area

The most common house types in the ME5 9XA postcode area are Semi-detached (100), Terraced (20), and Detached (0).

Total	120
Semi-detached	100
Terraced	20
Detached	0
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 (61), and Owned: Owns with a mortgage or loan (50).

Owned: Owns outright	61
Owned: Owns with a mortgage or loan	50
Private rented: Private landlord or letting agency	4
Social rented: Other social rented	2
Shared ownership: Shared ownership	1
Social rented: Rents from council or Local Authority	1
Private rented: Other private rented	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the ME5 9XA have 1 person in household (44), and 2 people in household (37).

1 person in household	44
2 people in household	37
3 people in household	17
4 people in household	15
5 people in household	6
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0