Housing Market Analysis for VALE DRIVE, ME5 9XB

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £157,294 median price is £136,000 Standard Deviation is £95,639 with Total Sold: 47
- The Last 5 Year average price is £298,075 with Total Sold: 12
- The most recent sale happened at this postcode is 66 VALE DRIVE: £310,000 (Sold on 30 Apr 2024)
- The first recorded sale happened at this postcode is 52 VALE DRIVE: £55,995 (Sold on 16 Jan 1996)
Flat
- The average price is around £66,250 median price is £42,000 Standard Deviation is £41,584 with Total Sold: 5
- The most recent sale happened at this postcode is 30 VALE DRIVE: £123,000 (Sold on 03 Mar 2008)
- The first recorded sale happened at this postcode is 30 VALE DRIVE: £31,000 (Sold on 10 Oct 1997)
Terraced
- The average price is around £91,782 median price is £77,472 Standard Deviation is £40,069 with Total Sold: 6
- The most recent sale happened at this postcode is 47 VALE DRIVE: £161,000 (Sold on 30 Mar 2004)
- The first recorded sale happened at this postcode is 55 VALE DRIVE: £48,000 (Sold on 24 Apr 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 9XB 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
2024	£310,000		1
2023	£305,817	£4,189	6
2022	£267,500	£3,877	2
2021	£332,000	£4,486	1
2019	£282,500	£2,910	2
2016	£196,750	£2,732	2
2015	£210,750	£2,349	2
2014	£155,000	£2,627	1
2010	£165,000	£1,901	1
2009	£158,000	£1,400	1
2007	£152,000	£2,492	1
2005	£165,000	£1,901	1
2004	£136,667	£1,819	3
2003	£110,000	£1,832	2
2002	£125,667	£1,453	3
2001	£80,625	£1,038	4
2000	£83,817	£946	3
1999	£64,248	£806	2
1998	£55,497	£745	3
1997	£55,998	£519	2
1996	£54,499	£671	4

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2008	£123,000		1
2006	£110,000	£2,391	1
2001	£42,000	£913	1
1999	£25,249		1
1997	£31,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2004	£161,000	£1,988	1
2002	£106,495		2
1999	£58,750		1
1998	£58,975	£839	2

All the Sales in the VALE DRIVE, ME5 9XB

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

Address	Sold Date	Price	% Change
66 VALE DRIVESemi-Detached, Freehold	30 Apr 2024	£310,000	5.08%
	20 Dec 2022	£295,000	33.48%
	24 May 2016	£221,000	196.64%
	18 Feb 2000	£74,500	First Sale
42 VALE DRIVESemi-Detached, FreeholdArea: 61 Sq.mtrAge: 1950-1966	10 Aug 2023	£270,000	77.63%
	29 Jun 2007	£152,000	32.17%
	04 Jul 2003	£115,000	98.29%
	11 Dec 1998	£57,995	First Sale
49 VALE DRIVESemi-Detached, FreeholdArea: 94 Sq.mtrAge: 1950-1966	25 Jul 2023	£370,000	First Sale
55 VALE DRIVESemi-Detached, FreeholdArea: 59 Sq.mtrAge: 1950-1966	15 Jun 2023	£282,500	63.77%
	06 Jan 2016	£172,500	259.38%
	24 Apr 1998	£48,000	First Sale
34 VALE DRIVESemi-Detached, FreeholdArea: 62 Sq.mtrAge: 1950-1966	24 Mar 2023	£260,000	First Sale
39 VALE DRIVESemi-Detached, FreeholdArea: 104 Sq.mtrAge: 1950-1966	02 Mar 2023	£355,000	228.70%
	23 Aug 2001	£108,000	80.02%
	30 May 1997	£59,995	First Sale
63 VALE DRIVESemi-Detached, FreeholdArea: 68 Sq.mtrAge: 1950-1966	10 Feb 2023	£297,400	First Sale
44 VALE DRIVESemi-Detached, FreeholdArea: 55 Sq.mtrAge: 1950-1966	02 Mar 2022	£240,000	First Sale
35 VALE DRIVESemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1930-1949	24 Sep 2021	£332,000	First Sale
48 VALE DRIVESemi-Detached, FreeholdArea: 105 Sq.mtrAge: 1950-1966	18 Dec 2019	£265,000	84.03%
	26 Mar 2004	£144,000	First Sale
43 VALE DRIVESemi-Detached, FreeholdArea: 91 Sq.mtrAge: 1950-1966	16 Aug 2019	£300,000	105.48%
	29 Nov 2002	£146,000	First Sale
33 VALE DRIVESemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1950-1966	18 Aug 2015	£236,500	330.00%
	10 May 1996	£55,000	First Sale
60 VALE DRIVESemi-Detached, FreeholdArea: 102 Sq.mtrAge: 1950-1966	28 May 2015	£185,000	236.39%
	22 Apr 1998	£54,995	First Sale
38 VALE DRIVESemi-Detached, FreeholdArea: 59 Sq.mtrAge: 1950-1966	07 Feb 2014	£155,000	47.62%
	13 Jun 2003	£105,000	79.49%
	25 May 1999	£58,500	First Sale
50 VALE DRIVESemi-Detached, FreeholdArea: 86.8 Sq.mtrAge: 1950-1966	17 Feb 2010	£165,000	0.0
	15 Mar 2005	£165,000	46.02%
	09 Aug 2002	£113,000	25.63%
	07 Jun 2000	£89,950	First Sale
58 VALE DRIVESemi-Detached, FreeholdArea: 112.82 Sq.mtrAge: 1950-1966	27 Nov 2009	£158,000	125.73%
	12 Feb 1999	£69,995	34.61%
	22 Aug 1997	£52,000	First Sale
30 VALE DRIVEFlat, Leasehold	03 Mar 2008	£123,000	387.15%
	26 Nov 1999	£25,249	-18.55%
	10 Oct 1997	£31,000	First Sale
32 VALE DRIVEFlat, LeaseholdArea: 46 Sq.mtrAge: 1950-1966	27 Jan 2006	£110,000	161.90%
32 VALE DRIVEFlat, LeaseholdArea: 46 Sq.mtrAge: 1950-1966	08 Feb 2001	£42,000	First Sale
36 VALE DRIVESemi-Detached, FreeholdArea: 60 Sq.mtrAge: 1950-1966	17 Dec 2004	£136,000	First Sale
64 VALE DRIVESemi-Detached, Freehold	24 Sep 2004	£130,000	First Sale
47 VALE DRIVETerraced, FreeholdArea: 81 Sq.mtrAge: 1950-1966	30 Mar 2004	£161,000	130.16%
	04 Dec 1998	£69,950	First Sale
27 VALE DRIVETerraced, Freehold	15 Aug 2002	£127,995	First Sale
52 VALE DRIVESemi-Detached, Freehold	02 Aug 2002	£118,000	110.73%
52 VALE DRIVESemi-Detached, Freehold	16 Jan 1996	£55,995	First Sale
59 VALE DRIVETerraced, Freehold	30 Apr 2002	£84,995	44.67%
59 VALE DRIVETerraced, Freehold	05 Aug 1999	£58,750	First Sale
32A VALE DRIVESemi-Detached, Leasehold	21 Dec 2001	£38,000	First Sale
40 VALE DRIVESemi-Detached, Freehold	06 Jul 2001	£78,500	96.25%
40 VALE DRIVESemi-Detached, Freehold	22 Jun 1996	£40,000	First Sale
41 VALE DRIVESemi-Detached, Freehold	26 Feb 2001	£98,000	First Sale
68 VALE DRIVESemi-Detached, Freehold	02 Feb 2000	£87,000	29.85%
68 VALE DRIVESemi-Detached, Freehold	10 May 1996	£67,000	First Sale
61 VALE DRIVESemi-Detached, Freehold	09 Apr 1998	£53,500	First Sale

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

VALE DRIVE, ME5 9XB Near By properties

Interactive Map

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

Detached
- The average price is around £301,338 median price is £310,000 Standard Deviation is £125,697 with Total Sold: 194
- The Last 5 Year average price is £450,029 with Total Sold: 34
- 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 , 125 SNODHURST AVENUE: £150,000 (Sold on 30 Nov 1995)
Semi-Detached
- The average price is around £165,919 median price is £154,000 Standard Deviation is £88,831 with Total Sold: 912
- The Last 5 Year average price is £281,379 with Total Sold: 164
- The most recent sale happened at this postcode is , 178A SNODHURST AVENUE: £417,500 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is , 11 VALE DRIVE: £30,000 (Sold on 17 Feb 1995)
Flat
- The average price is around £179,563 median price is £201,500 Standard Deviation is £68,886 with Total Sold: 225
- 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)
Terraced
- The average price is around £177,491 median price is £156,000 Standard Deviation is £96,407 with Total Sold: 473
- The Last 5 Year average price is £264,393 with Total Sold: 96
- 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 £267,157 median price is £90,000 Standard Deviation is £508,255 with Total Sold: 21
- 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 , 20A SHIRLEY AVENUE: £90,000 (Sold on 01 Apr 2016)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£471,250		4
2023	£512,500	£3,602	2
2022	£369,200	£3,755	5
2021	£482,136	£3,342	11
2020	£420,750	£3,551	4
2019	£444,812	£3,136	8
2018	£386,571	£3,239	7
2017	£328,250	£3,007	8
2016	£357,250	£3,135	8
2015	£338,250	£2,508	22
2014	£333,087	£2,527	17
2013	£308,716	£2,436	22
2012	£190,998	£2,067	3
2011	£167,000	£2,433	3
2010	£341,667	£1,132	3
2009	£155,000	£3,327	2
2008	£355,833	£2,024	3
2007	£255,856	£2,243	7
2006	£314,610		5
2005	£246,374	£3,261	4
2004	£235,143	£2,281	7
2003	£240,600	£1,725	5
2002	£166,999	£1,774	5
2001	£165,000	£489	6
2000	£137,000	£1,572	7
1999	£105,344	£994	8
1998	£95,000		1
1997	£98,750	£574	4
1996	£65,500	£192	2
1995	£150,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£299,938		8
2023	£293,910	£4,081	31
2022	£310,750	£4,138	24
2021	£283,041	£3,796	37
2020	£259,983	£3,607	29
2019	£261,871	£3,309	35
2018	£292,062	£3,427	27
2017	£258,773	£3,556	33
2016	£233,440	£3,168	25
2015	£211,226	£2,980	48
2014	£174,375	£2,583	32
2013	£192,465	£2,226	40
2012	£161,202	£2,101	34
2011	£146,094	£2,151	16
2010	£148,167	£1,907	18
2009	£136,523	£2,094	17
2008	£155,769	£2,358	13
2007	£168,406	£2,246	32
2006	£156,242	£2,016	33
2005	£152,061	£2,127	22
2004	£141,778	£1,926	52
2003	£125,385	£1,675	31
2002	£109,085	£1,550	40
2001	£86,943	£1,240	36
2000	£78,515	£990	29
1999	£64,821	£838	33
1998	£59,370	£838	43
1997	£57,180	£719	33
1996	£52,499	£690	41
1995	£50,522	£702	20

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	£147,550	£3,030	2
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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£259,667	£3,955	6
2023	£286,071	£4,222	14
2022	£327,812	£4,205	16
2021	£272,250	£3,592	21
2020	£244,192	£3,257	13
2019	£218,538	£2,827	26
2018	£332,500	£3,419	29
2017	£294,448	£3,340	29
2016	£250,442	£3,054	26
2015	£183,833	£2,450	9
2014	£163,775	£2,378	16
2013	£171,864	£2,120	11
2012	£140,906	£2,022	16
2011	£133,278	£1,963	9
2010	£129,938	£1,864	8
2009	£128,429	£1,664	7
2008	£142,777	£2,061	9
2007	£156,555	£2,168	18
2006	£152,950	£2,104	21
2005	£160,333	£2,184	3
2004	£137,025	£1,901	20
2003	£135,928	£1,812	25
2002	£104,039	£1,418	25
2001	£77,666	£1,123	18
2000	£70,673	£934	17
1999	£57,749	£718	17
1998	£57,221	£807	16
1997	£48,203	£742	12
1996	£45,227	£690	11
1995	£42,499	£634	5

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	£90,000		1

House Type in ME5 9XB area

The most common house types in the ME5 9XB postcode area are Semi-detached (112), Flat (52), and Terraced (8).

Total	181
Semi-detached	112
Flat	52
Terraced	8
Detached	5
Shared house	2
commercial building	1
temporary structure	1
converted building	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (59), and Owned: Owns with a mortgage or loan (57).

Owned: Owns outright	59
Owned: Owns with a mortgage or loan	57
Social rented: Other social rented	28
Private rented: Private landlord or letting agency	19
Shared ownership: Shared ownership	12
Social rented: Rents from council or Local Authority	4
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 9XB have 1 person in household (75), and 2 people in household (42).

1 person in household	75
2 people in household	42
3 people in household	29
4 people in household	21
5 people in household	11
6 people in household	3
0 people in household	0
7 people in household	0
8 or more people in household	0