Housing Market Analysis for ME7 5SP

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average ME7 5SP 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.

    All the Sales in the ME7 5SP

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

    AddressSold DatePrice% Change

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

    ME7 5SP Near By properties

    Interactive Map

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

    • Terraced
      • The average price is around £307,149 median price is £270,000 Standard Deviation is £189,355 with Total Sold: 219
      • The Last 5 Year average price is £406,464 with Total Sold: 88
      • The most recent sale happened at this postcode is , 81 JOHNSON AVENUE: £290,000 (Sold on 31 May 2024)
      • The first recorded sale happened at this postcode is , 5 COLLEGE ROAD: £113,000 (Sold on 30 Jan 1995)
    • Other
      • The average price is around £6,519,908 median price is £1,730,000 Standard Deviation is £12,771,523 with Total Sold: 14
      • The Last 5 Year average price is £790,100 with Total Sold: 5
      • The most recent sale happened at this postcode is R T P CENTRE, NATWEST WALTER BURKE WAY: £3,000,000 (Sold on 02 May 2024)
      • The first recorded sale happened at this postcode is , FIDENTIA HOUSE WALTER BURKE WAY: £3,430,000 (Sold on 10 Dec 2013)
    • Flat
      • The average price is around £185,072 median price is £195,000 Standard Deviation is £72,481 with Total Sold: 193
      • The Last 5 Year average price is £232,702 with Total Sold: 78
      • The most recent sale happened at this postcode is FLAT 9, 28 STARBOARD CRESCENT: £250,000 (Sold on 26 Feb 2024)
      • The first recorded sale happened at this postcode is 10, OFFICERS TERRACE CHURCH LANE: £120,000 (Sold on 13 Jun 1996)
    • Semi-Detached
      • The average price is around £260,852 median price is £230,000 Standard Deviation is £187,783 with Total Sold: 45
      • The Last 5 Year average price is £348,717 with Total Sold: 12
      • The most recent sale happened at this postcode is , 6 WHEELWRIGHTS WAY: £400,000 (Sold on 31 Aug 2023)
      • The first recorded sale happened at this postcode is , 19 MANOR STREET: £36,000 (Sold on 12 May 1995)
    • Detached
      • The average price is around £317,102 median price is £320,000 Standard Deviation is £263,634 with Total Sold: 19
      • The Last 5 Year average price is £569,988 with Total Sold: 4
      • The most recent sale happened at this postcode is , THE VILLA MILL ROAD: £420,000 (Sold on 21 Nov 2022)
      • The first recorded sale happened at this postcode is , 75 MILL ROAD: £105,000 (Sold on 21 Apr 1995)

    Sold Price Trend Over the Years:

    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£297,800 £3,553 5
    2023£344,980 £3,227 25
    2022£463,285 £3,718 27
    2021£442,947 £3,297 19
    2020£408,212 £3,089 8
    2019£366,225 £3,364 4
    2018£350,590 £2,800 5
    2017£370,000 £3,364 1
    2016£280,208 £2,673 12
    2015£473,333 £2,577 3
    2014£364,000 £2,258 11
    2013£335,398 £1,864 6
    2012£517,500 £2,066 3
    2011£195,143 £2,028 7
    2010£147,667 £1,691 3
    2009£289,500 £1,270 2
    2008£206,333 £1,937 3
    2007£215,166 £2,029 6
    2006£210,499 £2,084 4
    2005£386,073 £1,504 3
    2004£194,389 £1,685 5
    2003£248,425 £1,328 10
    2002£198,278 £1,731 7
    2001£176,272 £1,573 20
    2000£56,500 £794 2
    1999£183,875 £877 4
    1998£110,833 £616 6
    1997£87,000 £469 1
    1996£85,325 £518 4
    1995£137,667 £464 3
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£3,000,0001
    2022£500 £6 1
    2021£316,667 £3,655 3
    2017£3,181,667 £2,045 3
    2016£275,000 £2,083 1
    2015£2,544,6252
    2014£34,494,4802
    2013£3,430,0001
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£250,000 £3,521 1
    2023£235,000 £3,537 4
    2022£260,194 £3,551 9
    2021£233,520 £3,207 33
    2020£227,559 £3,086 16
    2019£218,126 £2,973 15
    2018£140,500 £2,535 3
    2017£208,167 £2,897 6
    2016£234,750 £2,876 6
    2015£205,833 £2,919 3
    2014£113,000 £1,958 5
    2013£175,165 £2,526 3
    2012£150,500 £2,256 3
    2011£81,000 £1,610 3
    2010£42,400 £697 5
    2009£208,100 £1,996 5
    2008£174,000 £3,031 1
    2007£176,614 £1,844 8
    2006£221,700 £2,245 5
    2005£154,042 £1,879 6
    2004£138,500 £1,908 6
    2003£147,500 £2,292 2
    2002£142,870 £1,726 20
    2001£143,231 £1,575 16
    2000£238,250 £1,605 2
    1999£106,000 £1,239 2
    1998£32,500 £508 1
    1997£32,833 £417 3
    1996£120,0001
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£400,0001
    2022£420,000 £4,200 1
    2021£339,458 £3,471 6
    2020£361,617 £3,353 3
    2019£243,000 £3,076 1
    2018£212,000 £2,617 1
    2017£205,000 £2,878 1
    2014£151,000 £2,188 1
    2012£310,000 £1,483 1
    2010£632,500 £1,907 2
    2009£108,000 £1,516 1
    2008£140,000 £2,029 1
    2006£158,750 £1,845 4
    2005£838,000 £1,271 1
    2004£91,500 £1,625 2
    2003£206,748 £1,409 2
    2002£69,498 £667 2
    2001£440,000 £941 2
    2000£334,752 £995 3
    1999£160,000 £766 1
    1998£131,000 £627 1
    1996£141,400 £496 5
    1995£36,000 £547 2
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£420,000 £5,203 1
    2021£619,983 £2,628 3
    2016£345,0001
    2015£320,000 £3,265 1
    2010£867,500 £1,316 1
    2008£370,0001
    2007£335,000 £3,418 1
    2000£149,995 £1,858 1
    1998£322,5001
    1997£176,0003
    1996£57,500 £517 2
    1995£130,6673

    House Type in ME7 5SP area

    The most common house types in the ME7 5SP postcode area are Flat (114), Terraced (61), and Semi-detached (22).

    Total207
    Flat114
    Terraced61
    Semi-detached22
    Detached7
    commercial building2
    Shared house1
    converted building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Social rented: Other social rented (60), and Private rented: Private landlord or letting agency (42).

    Social rented: Other social rented60
    Private rented: Private landlord or letting agency42
    Owned: Owns with a mortgage or loan31
    Private rented: Other private rented28
    Owned: Owns outright22
    Shared ownership: Shared ownership13
    Social rented: Rents from council or Local Authority9
    Does not apply0
    Lives rent free0

    Number of People in a Household

    The most houses in the ME7 5SP have 2 people in household (63), and 1 person in household (57).

    2 people in household63
    1 person in household57
    3 people in household34
    4 people in household29
    5 people in household12
    6 people in household7
    7 people in household3
    0 people in household0
    8 or more people in household0