Housing Market Analysis for RAINHAM ROAD, ME7 5LS

Are you looking to understand ME7 5LS 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 ME7 5LS area, explore the ME7 5LS Area information page.
For comprehensive crime statistics in the ME7 5LS area, explore the ME7 5LS Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME7 5LS postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £137,500 median price is £150,000 Standard Deviation is £48,955 with Total Sold: 13
    • The Last 5 Year average price is £196,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 55 RAINHAM ROAD: £235,000 (Sold on 01 Nov 2022)
    • The first recorded sale happened at this postcode is 47 RAINHAM ROAD: £36,500 (Sold on 08 Aug 1997)
  • Other
    • The average price is around £170,500 median price is £170,500 Standard Deviation is £6,500 with Total Sold: 2
    • The Last 5 Year average price is £164,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 35 RAINHAM ROAD: £164,000 (Sold on 16 Apr 2019)
    • The first recorded sale happened at this postcode is 59 RAINHAM ROAD: £177,000 (Sold on 01 Aug 2017)
  • Semi-Detached
    • The average price is around £105,100 median price is £105,100 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 51 RAINHAM ROAD: £105,100 (Sold on 26 Oct 2007)
    • The first recorded sale happened at this postcode is 51 RAINHAM ROAD: £105,100 (Sold on 26 Oct 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average ME7 5LS 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£235,000 £3,052 1
2019£158,000 £2,135 1
2018£184,000 £2,592 1
2017£177,000 £2,299 1
2016£160,000 £2,254 1
2015£152,500 £1,994 2
2013£107,000 £1,390 1
2010£80,000 £1,026 1
2007£134,000 £1,588 1
2004£105,500 £1,344 2
1997£36,500 £433 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£164,0001
2017£177,000 £5,900 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£105,100 £1,401 1

All the Sales in the RAINHAM ROAD, ME7 5LS

See the table below for more details on the sold house prices in the ME7 5LS, Medway postcode.

AddressSold DatePrice% Change
55 RAINHAM ROADTerraced, FreeholdArea: 77 Sq.mtrAge: before 190001 Nov 2022£235,00032.77%
11 Aug 2017£177,00065.42%
01 May 2013£107,000First Sale
57 RAINHAM ROADTerraced, FreeholdArea: 74 Sq.mtrAge: 1900-192921 May 2019£158,000First Sale
35 RAINHAM ROADOther, Freehold16 Apr 2019£164,000First Sale
53 RAINHAM ROADTerraced, FreeholdArea: 71 Sq.mtrAge: 1900-192914 May 2018£184,00015.00%
24 Feb 2016£160,000First Sale
59 RAINHAM ROADOther, FreeholdArea: 30 Sq.mtrAge: 1900-192901 Aug 2017£177,000First Sale
51 RAINHAM ROADTerraced, FreeholdArea: 75 Sq.mtrAge: before 190004 Nov 2015£150,00042.72%
26 Oct 2007£105,100First Sale
37 RAINHAM ROADTerraced, FreeholdArea: 78 Sq.mtrAge: 1900-192914 Aug 2015£155,00040.91%
18 Nov 2004£110,000First Sale
39 RAINHAM ROADTerraced, FreeholdArea: 78.01 Sq.mtrAge: 1900-192911 Aug 2010£80,000First Sale
47 RAINHAM ROADTerraced, FreeholdArea: 84.36 Sq.mtrAge: before 190019 Jan 2007£134,000267.12%
08 Aug 1997£36,500First Sale
43 RAINHAM ROADTerraced, FreeholdArea: 79 Sq.mtrAge: 1900-192913 Dec 2004£101,000First Sale

Check out the sold house prices near the ME7 5LS postcode. Properties currently for saleProperties currently for rent

RAINHAM ROAD, ME7 5LS Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME7 5LS 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 ME7 5LS postcode.

  • Flat
    • The average price is around £83,785 median price is £79,500 Standard Deviation is £49,935 with Total Sold: 597
    • The Last 5 Year average price is £141,958 with Total Sold: 96
    • The most recent sale happened at this postcode is FLAT 8, FLORENCE HOUSE 130A BEACON ROAD: £114,000 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , 5 CONNAUGHT MEWS: £22,000 (Sold on 27 Jan 1995)
  • Semi-Detached
    • The average price is around £155,907 median price is £137,500 Standard Deviation is £95,513 with Total Sold: 626
    • The Last 5 Year average price is £297,019 with Total Sold: 78
    • The most recent sale happened at this postcode is , 2A TENNYSON ROAD: £181,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 20 CLEAVE ROAD: £79,000 (Sold on 03 Mar 1995)
  • Terraced
    • The average price is around £123,450 median price is £117,000 Standard Deviation is £74,192 with Total Sold: 4,161
    • The Last 5 Year average price is £224,434 with Total Sold: 616
    • The most recent sale happened at this postcode is , 33 TENNYSON ROAD: £237,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 7 MILTON ROAD: £43,000 (Sold on 06 Jan 1995)
  • Detached
    • The average price is around £205,967 median price is £180,000 Standard Deviation is £139,894 with Total Sold: 193
    • The Last 5 Year average price is £339,724 with Total Sold: 29
    • The most recent sale happened at this postcode is , 48 CLEAVE ROAD: £275,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , BUNGALOW, 1B BYRON ROAD: £37,000 (Sold on 20 Jan 1995)
  • Other
    • The average price is around £431,955 median price is £225,500 Standard Deviation is £840,796 with Total Sold: 62
    • The Last 5 Year average price is £581,300 with Total Sold: 32
    • The most recent sale happened at this postcode is , AINSWORTH COURT 547-555, 555 CANTERBURY STREET: £6,000,000 (Sold on 20 Dec 2023)
    • The first recorded sale happened at this postcode is , 21 WARD VIEW: £82,500 (Sold on 29 Apr 2013)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£130,500 £1,646 5
2023£135,875 £3,296 12
2022£143,661 £3,257 31
2021£160,955 £3,354 22
2020£125,722 £2,641 9
2019£130,529 £2,695 17
2018£125,400 £2,666 15
2017£130,676 £2,610 17
2016£112,133 £2,517 26
2015£102,390 £2,242 25
2014£89,577 £2,213 13
2013£67,750 £1,629 7
2012£90,248 £1,864 12
2011£98,604 £2,102 19
2010£73,999 £1,819 8
2008£91,333 £1,452 6
2007£95,741 £2,080 35
2006£88,152 £2,229 46
2005£87,999 £2,013 21
2004£80,532 £1,921 44
2003£63,790 £1,457 31
2002£50,221 £1,121 55
2001£36,826 £806 24
2000£34,790 £789 26
1999£28,940 £671 21
1998£20,624 £404 12
1997£21,958 £391 12
1996£23,499 £522 10
1995£24,984 £676 16
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£287,667 £3,008 3
2023£354,700 £2,852 10
2022£368,070 £2,818 10
2021£294,710 £2,659 25
2020£269,625 £2,911 8
2019£252,364 £2,433 22
2018£249,710 £2,507 19
2017£267,992 £2,741 16
2016£232,591 £2,161 11
2015£194,816 £1,960 19
2014£204,125 £1,846 12
2013£176,962 £1,462 13
2012£162,497 £1,504 18
2011£186,933 £1,599 15
2010£151,929 £1,423 14
2009£143,354 £1,628 12
2008£173,595 £1,750 21
2007£173,595 £1,830 37
2006£175,941 £1,675 35
2005£148,171 £1,578 26
2004£135,489 £1,421 28
2003£134,380 £1,335 35
2002£113,197 £1,151 27
2001£90,698 £927 32
2000£88,653 £760 29
1999£68,930 £610 27
1998£69,936 £633 25
1997£55,813 £544 35
1996£49,619 £534 21
1995£52,443 £493 21
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£229,422 £2,768 49
2023£244,505 £3,031 94
2022£251,693 £3,166 112
2021£221,613 £2,693 163
2020£203,924 £2,418 98
2019£197,290 £2,405 100
2018£207,590 £2,377 135
2017£200,685 £2,504 135
2016£179,172 £2,325 141
2015£154,017 £1,855 157
2014£142,976 £1,734 139
2013£123,542 £1,494 101
2012£116,745 £1,424 67
2011£121,089 £1,444 68
2010£113,283 £1,447 61
2009£114,530 £1,406 58
2008£128,057 £1,610 93
2007£139,208 £1,768 216
2006£133,489 £1,578 201
2005£123,113 £1,601 168
2004£119,531 £1,437 189
2003£99,687 £1,254 210
2002£82,389 £999 199
2001£65,881 £857 194
2000£59,131 £716 218
1999£47,787 £571 211
1998£45,086 £543 186
1997£41,109 £481 154
1996£38,480 £455 127
1995£35,306 £419 117
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£275,0001
2023£410,833 £3,699 6
2022£361,722 £3,413 9
2021£317,900 £3,434 5
2020£311,833 £3,508 3
2019£266,300 £2,584 5
2018£411,556 £3,166 9
2017£287,500 £2,635 10
2016£264,285 £2,649 7
2015£202,041 £2,326 12
2014£193,000 £2,031 2
2013£198,207 £2,255 7
2012£225,816 £2,305 11
2011£191,499 £2,155 8
2010£201,750 £2,306 4
2009£159,500 £2,165 2
2008£181,500 £2,309 4
2007£198,750 £2,220 8
2006£164,333 £1,731 6
2005£219,000 £2,164 9
2004£215,000 £1,967 5
2003£142,000 £1,775 1
2002£146,400 £1,363 10
2001£116,999 £1,135 8
2000£89,363 £924 7
1999£82,333 £767 12
1998£107,499 £763 4
1997£78,856 £616 7
1996£62,218 £456 8
1995£49,167 £935 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,190,214 £4,650 7
2022£513,000 £13,630 7
2021£549,000 £5,666 9
2020£71,833 £4,375 3
2019£253,767 £3,662 6
2018£215,417 £2,928 12
2017£149,667 £2,508 9
2016£598,269 £1,080 5
2015£391,250 £2,449 3
2013£82,500 £1,251 1

House Type in ME7 5LS area

The most common house types in the ME7 5LS postcode area are Terraced (113), Detached (8), and Semi-detached (8).

Total134
Terraced113
Detached8
Semi-detached8
Flat3
Shared house1
converted building1
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (55), and Owned: Owns with a mortgage or loan (48).

Private rented: Private landlord or letting agency55
Owned: Owns with a mortgage or loan48
Owned: Owns outright28
Private rented: Other private rented3
Social rented: Other social rented2
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 ME7 5LS have 1 person in household (37), and 2 people in household (32).

1 person in household37
2 people in household32
3 people in household29
4 people in household27
5 people in household8
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0