Typical 3-bedroom house£331kmost £295k–£378k
Houses per m²£4,147flats £3,018
Sold last year4663,088 in five years
Prices in Medway+1.1%on a year ago
A typical 3-bedroom house in ME5 sold for £331,298 over the last five years, in today's money; most went for between £295,375 and £377,681, for about 85 m² of space. That is 5% more than the same home across Chatham (£317,000).
466 homes sold here in the last year: one of the busier markets in England and Wales, so there is usually plenty to choose from. Flats start at around £118k for one bedroom. Within the district, houses cost the least per m² in ME5 0 (£3,860) and the most in ME5 9 (£4,449).
Across Medway, prices are up 1.1% on a year ago and up 14.4% over five years. Renting a similar home there costs about £1,336 a month; a 90% mortgage on the typical price would be around £1,511 a month at 4.5% over 30 years. Lenders would typically want a household income of about £66,000 for that mortgage: what £70,000 buys.
Questions about ME5
Is ME5 a good area to buy a home?
What the numbers say: a 3-bedroom house costs 5% more than across Chatham; prices in Medway are up 1.1% on a year ago; the best state primary nearby is above the England average (77% against 64%); the best secondary is below it (36.1% against 43.8%); 466 homes sold here last year. Whether it suits you depends on your budget and what you need nearby, so compare it with the districts around it below.
How much is a 3-bedroom house in ME5?
A typical 3-bedroom house in ME5 sold for £331,298 over the last five years, in today's money. Most sold between £295,375 and £377,681.
Is ME5 expensive for Chatham?
A 3-bedroom house in ME5 costs 5% more than the typical 3-bedroom house across Chatham (£317,000).
How many homes sell in ME5 each year?
466 homes sold in the last year and 3,088 in five years: one of the busier markets in England and Wales, so there is usually plenty to choose from.
What are the schools like near ME5?
The best-performing state primary within 2 km is Walderslade Primary School, where 77% of pupils met the expected standard at age 11 (England: 64%).
Where is cheaper near ME5?
For a 3-bedroom house, ME4 (£285k, 4 km), ME7 (£285k, 4 km).
Sources: HM Land Registry price paid data matched to the EPC register for size and bedrooms, last five years in today's prices; UK House Price Index (July 2026); ONS private rents (August 2026); DfE school performance tables. Districts with fewer than five sales of a kind are left out. The mortgage figure is an illustration, not advice.