marketcodeSold price per m²
£4,037/m² 12 months to Apr 2026
556 sales
+0.5% over the year to Dec 2025 by the house price index, which follows the same homes over time.
Postcode district
ME5 property market
Sold £4,037/m² · Median sold £321,239 (556 sales) · Index +0.5% y/y · Turnover 2.9% · 12 months, sales to Apr 2026, listings to Aug 2026
What is ME5?
- Buildings
- 20,512
- Mixed-use buildings
- 64%
- HMO-shaped units
- 4.0%
What does ME5 cost?
ME5: sold price per m² £4,037/m² (12 months to Apr 2026, 556 sales). +0.5% over the year to Dec 2025 by the house price index, which follows the same homes over time.
Sold price
£321,239 12 months to Apr 2026
556 sales
+0.5% over the year to Dec 2025 by the house price index, which follows the same homes over time.
Sample is the matched completed sales behind the latest month. A month in which this cohort recorded no sale of its own carries the parent area's price rather than a measurement, and is not published with no sample.
Asking price
£298,920 12 months to Aug 2026
1,704 listings
-2.2% on the previous 12 months.
Sample is the dated listings that came to market in the latest month (added and reduced cohorts).
Settled months to Dec 2025; the dashed tail is the pipeline's projection of the index 12 months ahead, inside its 80% band. A projection of the index, not a forecast of any home's price.
ObservedForecast with intervalIndex points, not property prices
What does ME5 earn?
ME5: asking rent £1,359 a month (12 months to Jul 2026, 305 lets).
Asking rent
£1,359 a month 12 months to Jul 2026
305 lets
Gross yield, asking basis
5.2% 12 months to Aug 2026
475 lets
+3.5% on the previous 12 months.
Sample is the dated lettings behind the latest month's rent cell.
How does ME5 vary by home size?
Asking price in ME5 runs from £142,569 for 1 bedroom to £534,170 for 5+ bedrooms.
| Homes | Asking price | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £142,569 | 12 months to Aug 2026 | -18.6% on the previous 12 months | 94 |
| 2 bedrooms | £254,017 | 12 months to Aug 2026 | -1.6% on the previous 12 months | 436 |
| 3 bedrooms | £303,739 | 12 months to Aug 2026 | -3.5% on the previous 12 months | 785 |
| 4 bedrooms | £439,671 | 12 months to Aug 2026 | -3.1% on the previous 12 months | 319 |
| 5+ bedrooms | £534,170 | 12 months to Aug 2026 | -10.1% on the previous 12 months | 88 |
Asking price by bedroom band: the monthly medians of sale listings that came to market, weighted by their dated listings, over the last 12 observed months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
How liquid is ME5?
ME5: turnover 2.9% (12 months to Jan 2026, 639 sales). +1.4% on the previous 12 months.
Turnover
2.9% 12 months to Jan 2026
639 sales
+1.4% on the previous 12 months.
Sample is the matched completed sales behind the latest month. A month in which this cohort recorded no sale of its own has a rate of zero by arithmetic rather than a measured rate, and is not published with no sample.
Completed sales
789 12 months to Jan 2026
789 sales
+8.8% on the previous 12 months.
Sample is the registry count itself; months within six months of the last ingest are still filling.
Listings for sale
962 12 months to Jul 2026
962 listings
Who is active in ME5?
40 agents listed homes for sale in ME5; the three largest took 39% of the listings.
- Agents active
- 40
- Top three agents’ share
- 39%
- New homes among listings
- 4.6%
days_to_completion is on the registry-matched subset (sold_matched_n), not a sell-through rate.
Who owns ME5?
Corporate landlords hold 78% of the 849 units in ME5 whose freeholder is classified; 96% of all units are not yet classified.
- Corporate landlords78% of classified · 663 units
- Housing associations17% of classified · 141 units
- Individuals (not traceable in bulk)3.4% of classified · 29 units
- RMC1.9% of classified · 16 units
Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.
Where does ME5 rank?
ME5 ranks 3rd of 7 postcode districts in Medway for sold price per m², at £4,037/m².
Sold price per m² · postcode districts in Medway
ME5 ranks 3rd of 7 postcode districts in Medway for sold price per m², at £4,037/m².
| # | Area | Sold price per m² | Sample | Tier |
|---|---|---|---|---|
| 1 | ME8 | £4,114/m² | 579 | measured |
| 2 | ME3 | £4,100/m² | 283 | measured |
| 3 | ME5 | £4,037/m² | 556 | measured |
| 4 | ME2 | £3,978/m² | 431 | measured |
| 5 | ME1 | £3,856/m² | 347 | measured |
Full table: sold price per m² across postcode districts in Medway →
Gross yield, asking basis · postcode districts in Medway
ME5 ranks 4th of 7 postcode districts in Medway for gross yield, asking basis, at 5.2%.
| # | Area | Gross yield, asking basis | Sample | Tier |
|---|---|---|---|---|
| 1 | ME4 | 7.4% | 1,960 | measured |
| 2 | ME7 | 5.7% | 1,424 | measured |
| 3 | ME1 | 5.3% | 801 | measured |
| 4 | ME5 | 5.2% | 475 | measured |
| 5 | ME2 | 5.1% | 420 | measured |
Full table: gross yield, asking basis across postcode districts in Medway →
Turnover · postcode districts in Medway
ME5 ranks 2nd of 7 postcode districts in Medway for turnover, at 2.9%.
Where next from ME5?
- MedwayThe wider market this area sits in.
- ME1Neighbouring postcode district · £3,896/m²
- ME2Neighbouring postcode district · £3,781/m²
- ME3Neighbouring postcode district · £4,764/m²
- ME4Neighbouring postcode district · £3,069/m²
- ME7Neighbouring postcode district · £3,454/m²
- ME8Neighbouring postcode district · £3,673/m²
- ME14Next door, in another authority · £4,306/m²
- ME20Next door, in another authority · £3,867/m²
- ME6Next door, in another authority · £4,852/m²
Questions about ME5
- What is the median house price in ME5?
- Homes in ME5 sold for a median £321,239 over the 12 months to Apr 2026, 556 sales. Per square metre that is £4,037/m². Registered completions, not asking prices.
- How have house prices in ME5 changed?
- +0.5% over the year to Dec 2025 by the house price index, which follows the same homes over time.
- What is the average rent in ME5?
- Homes to let in ME5 asked a median £1,359 a month over the 12 months to Jul 2026, 305 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in ME5?
- 5.2% on the asking basis: the asking rent times twelve over the asking sale price in the same listing cell, before costs, voids and finance, over the 12 months to Aug 2026, 475 lets. +3.5% on the previous 12 months.
- How quickly do homes sell in ME5?
- 2.9% of the homes in ME5 changed hands over the 12 months to Jan 2026, 639 sales.
Everything else about ME5
- Properties in ME5Every addressable home with its floor area, tenure and last recorded sale.
- Buildings in ME5Footprints, heights and the units inside them.
- Land and plots in ME5Registered parcels with their area, tenure and what stands on them.
- Homes for sale in ME5What is on the market right now, with the evidence beside each asking price.
- Homes to rent in ME5What is available to rent, with the recorded rent and yield beside each asking price.
- Recent house sales in ME5Registered completions from Price Paid, newest first.
- Planning applications in ME5What was proposed, who decided it and whether it was approved.
- Estate agents active in ME5Who actually lists here, ranked by volume over 12 months.
Where these figures come from
| Figure | Dataset | Window | Latest | Sample |
|---|---|---|---|---|
| Sold price per m² | HM Land Registry Price Paid and portal listings, monthly rollup | 12 months to Apr 2026 | Apr 2026 | 556 sales |
| Sold price | HM Land Registry Price Paid and portal listings, monthly rollup | 12 months to Apr 2026 | Apr 2026 | 556 sales |
| Asking price | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 1,704 listings |
| Asking price per m² | the area_facts listing rollup | 12 months to Jul 2026 | Jul 2026 | 962 listings |
| Asking to sold | Portal listings, monthly rollup | 12 months to Nov 2024 | Nov 2024 | 111 matched sales |
| Asking rent | MarketCode market evidence | 12 months to Jul 2026 | Jul 2026 | 305 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 475 lets |
| Turnover | MarketCode market evidence | 12 months to Jan 2026 | Jan 2026 | 639 sales |
| Completed sales | MarketCode market evidence | 12 months to Jan 2026 | Jan 2026 | 789 sales |
| Listings for sale | the area_facts listing rollup | 12 months to Jul 2026 | Jul 2026 | 962 listings |
| New listings | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 1,085 listings |
| Price reductions | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 619 listings |
| Live listings | MarketCode market evidence | on 20 Sep 2026 | 20 Sep 2026 | — |
| Days to completion | first listing to registered completion, over the registry-matched subset; not a sell-through rate | 12 months to Nov 2024 | Nov 2024 | 111 matched sales |
Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0.