Housing Market Analysis for THE CLOSE, ME1 1SD

Are you looking to understand ME1 1SD 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 ME1 1SD area, explore the ME1 1SD Area information page.
For comprehensive crime statistics in the ME1 1SD area, explore the ME1 1SD Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME1 1SD postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £270,668 median price is £260,000 Standard Deviation is £137,796 with Total Sold: 52
- The Last 5 Year average price is £469,667 with Total Sold: 9
- The most recent sale happened at this postcode is 20 THE CLOSE: £350,000 (Sold on 01 Feb 2023)
- The first recorded sale happened at this postcode is 31 THE CLOSE: £565,000 (Sold on 10 Oct 2022)
Flat
- The average price is around £108,248 median price is £108,248 Standard Deviation is £91,748 with Total Sold: 2
- The most recent sale happened at this postcode is 26C THE CLOSE: £199,995 (Sold on 30 Oct 2015)
- The first recorded sale happened at this postcode is 28C THE CLOSE: £16,500 (Sold on 25 Nov 1996)
Terraced
- The average price is around £60,000 median price is £60,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 28B THE CLOSE: £60,000 (Sold on 01 Jul 2004)
- The first recorded sale happened at this postcode is 28B THE CLOSE: £60,000 (Sold on 01 Jul 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average ME1 1SD 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
2023	£350,000	£7,609	1
2022	£565,000	£3,095	2
2021	£515,000	£3,129	1
2020	£456,000	£2,606	2
2019	£440,000	£2,846	3
2018	£460,000	£2,795	1
2017	£390,000	£2,500	1
2016	£445,000	£2,633	1
2015	£367,500	£2,088	2
2013	£296,000	£1,867	2
2012	£370,000	£2,067	1
2011	£250,000	£1,397	1
2010	£306,875	£1,900	4
2009	£310,000		1
2008	£317,000	£1,876	1
2007	£321,875	£1,825	2
2006	£272,500	£1,736	1
2005	£258,000	£1,344	1
2004	£232,500	£1,453	2
2003	£231,299	£1,375	5
2002	£193,667	£1,201	3
2001	£175,000	£920	1
2000	£133,000	£808	1
1999	£112,833	£625	3
1998	£80,500	£509	2
1997	£99,000		2
1996	£70,000	£406	3
1995	£79,500	£416	2

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2015	£199,995	£2,326	1
1996	£16,500	£177	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2004	£60,000	£1,395	1

All the Sales in the THE CLOSE, ME1 1SD

See the table below for more details on the sold house prices in the ME1 1SD, Medway postcode.

Address	Sold Date	Price	% Change
20 THE CLOSESemi-Detached, FreeholdArea: 46 Sq.mtrAge: 1900-1929	01 Feb 2023	£350,000	First Sale
25 THE CLOSESemi-Detached, FreeholdArea: 174 Sq.mtrAge: 1900-1929	28 Sep 2022	£565,000	25.00%
	22 May 2020	£452,000	32.94%
	02 Nov 2007	£340,000	36.27%
	01 Aug 2003	£249,500	First Sale
12 THE CLOSESemi-Detached, FreeholdArea: 164.6 Sq.mtr	28 Sep 2021	£515,000	11.96%
	09 Mar 2018	£460,000	57.26%
	08 Mar 2010	£292,500	119.92%
	20 Mar 2000	£133,000	77.33%
	01 Mar 1996	£75,000	First Sale
27 THE CLOSESemi-Detached, FreeholdArea: 176 Sq.mtrAge: 1900-1929	09 Nov 2020	£460,000	177.11%
	08 Aug 2002	£166,000	First Sale
3 THE CLOSESemi-Detached, FreeholdArea: 148 Sq.mtrAge: 1900-1929	15 Nov 2019	£465,000	116.28%
	16 Aug 2004	£215,000	First Sale
5 THE CLOSESemi-Detached, FreeholdArea: 158 Sq.mtrAge: before 1900	22 Feb 2019	£450,000	71.76%
	23 May 2013	£262,000	-3.85%
	07 Jul 2006	£272,500	263.33%
	19 Aug 1998	£75,000	First Sale
1 THE CLOSESemi-Detached, FreeholdArea: 159 Sq.mtrAge: before 1900	11 Jan 2019	£405,000	97.56%
	15 Apr 2003	£205,000	First Sale
11 THE CLOSESemi-Detached, FreeholdArea: 156.01 Sq.mtrAge: before 1900	07 Sep 2017	£390,000	First Sale
6 THE CLOSESemi-Detached, FreeholdArea: 169 Sq.mtrAge: before 1900	07 Sep 2016	£445,000	40.38%
	04 Jan 2008	£317,000	26.80%
	28 Feb 2003	£249,995	First Sale
26C THE CLOSEFlat, LeaseholdArea: 86 Sq.mtrAge: 1900-1929	30 Oct 2015	£199,995	First Sale
17 THE CLOSESemi-Detached, FreeholdArea: 177 Sq.mtrAge: before 1900	26 Aug 2015	£370,000	First Sale
23 THE CLOSESemi-Detached, FreeholdArea: 175 Sq.mtrAge: before 1900	07 Aug 2015	£365,000	62.22%
	17 Dec 2002	£225,000	First Sale
7 THE CLOSESemi-Detached, FreeholdArea: 159 Sq.mtrAge: before 1900	16 Dec 2013	£330,000	283.72%
	16 Oct 1998	£86,000	First Sale
21 THE CLOSESemi-Detached, FreeholdArea: 179 Sq.mtrAge: before 1900	14 Dec 2012	£370,000	21.81%
	29 Oct 2007	£303,750	First Sale
16 THE CLOSESemi-Detached, FreeholdArea: 179 Sq.mtrAge: 1900-1929	20 Oct 2011	£250,000	First Sale
29 THE CLOSESemi-Detached, FreeholdArea: 190.31 Sq.mtrAge: 1900-1929	29 Jun 2010	£303,000	73.14%
	29 Jan 2001	£175,000	82.29%
	26 Aug 1999	£96,000	26.32%
	18 Apr 1995	£76,000	First Sale
19 THE CLOSESemi-Detached, FreeholdArea: 138.16 Sq.mtrAge: 1900-1929	15 Jun 2010	£332,000	74.74%
	25 Sep 2002	£190,000	First Sale
10 THE CLOSESemi-Detached, FreeholdArea: 164.24 Sq.mtrAge: before 1900	14 May 2010	£300,000	445.45%
	14 May 1996	£55,000	First Sale
9 THE CLOSESemi-Detached, Freehold	27 Feb 2009	£310,000	188.37%
9 THE CLOSESemi-Detached, Freehold	20 Dec 1999	£107,500	First Sale
31 THE CLOSESemi-Detached, FreeholdArea: 192 Sq.mtrAge: 1900-1929	22 Apr 2005	£258,000	210.84%
	23 Oct 1995	£83,000	-85.31%
	10 Oct 2022	£565,000	First Sale
22 THE CLOSESemi-Detached, Freehold	05 Aug 2004	£250,000	First Sale
28B THE CLOSETerraced, LeaseholdArea: 43 Sq.mtrAge: before 1900	01 Jul 2004	£60,000	First Sale
14 THE CLOSESemi-Detached, FreeholdArea: 153 Sq.mtrAge: 1900-1929	19 Dec 2003	£205,000	First Sale
13 THE CLOSESemi-Detached, FreeholdArea: 185 Sq.mtrAge: 1900-1929	23 Sep 2003	£247,000	First Sale
24 THE CLOSESemi-Detached, FreeholdArea: 181 Sq.mtrAge: before 1900	10 Jun 1999	£135,000	First Sale
2 THE CLOSESemi-Detached, Freehold	31 Oct 1997	£100,000	First Sale
15 THE CLOSESemi-Detached, Freehold	12 Sep 1997	£98,000	22.50%
15 THE CLOSESemi-Detached, Freehold	03 Apr 1996	£80,000	First Sale
28C THE CLOSEFlat, LeaseholdArea: 93 Sq.mtrAge: 1930-1949	25 Nov 1996	£16,500	First Sale

Check out the sold house prices near the ME1 1SD postcode. Properties currently for saleProperties currently for rent

THE CLOSE, ME1 1SD Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME1 1SD 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 ME1 1SD postcode.

Terraced
- The average price is around £171,964 median price is £150,000 Standard Deviation is £107,478 with Total Sold: 2,573
- The Last 5 Year average price is £310,128 with Total Sold: 389
- The most recent sale happened at this postcode is , 100 ROCHESTER AVENUE: £310,000 (Sold on 16 Sep 2024)
- The first recorded sale happened at this postcode is , 44 CASTLE AVENUE: £43,000 (Sold on 05 Jan 1995)
Semi-Detached
- The average price is around £238,338 median price is £200,000 Standard Deviation is £177,194 with Total Sold: 637
- The Last 5 Year average price is £475,895 with Total Sold: 86
- The most recent sale happened at this postcode is , 3 CORNWALL ROAD: £340,000 (Sold on 28 Aug 2024)
- The first recorded sale happened at this postcode is , 13 DELCE ROAD: £46,000 (Sold on 06 Feb 1995)
Flat
- The average price is around £144,825 median price is £132,000 Standard Deviation is £82,573 with Total Sold: 1,631
- The Last 5 Year average price is £243,884 with Total Sold: 258
- The most recent sale happened at this postcode is , 6 SHORLAND COURT: £275,000 (Sold on 12 Aug 2024)
- The first recorded sale happened at this postcode is , 5 SEAFORD COURT: £63,500 (Sold on 28 Feb 1995)
Other
- The average price is around £490,075 median price is £370,000 Standard Deviation is £529,280 with Total Sold: 26
- The Last 5 Year average price is £535,922 with Total Sold: 20
- The most recent sale happened at this postcode is FLAT 7, CROWN HOUSE VALETTA WAY: £170,000 (Sold on 07 Jun 2024)
- The first recorded sale happened at this postcode is FLAT 2, PICKWICK PLACE, 34 THE TERRACE: £330,000 (Sold on 25 Jun 2015)
Detached
- The average price is around £345,723 median price is £300,000 Standard Deviation is £227,082 with Total Sold: 200
- The Last 5 Year average price is £560,200 with Total Sold: 26
- The most recent sale happened at this postcode is , 31 ST MARGARETS STREET: £690,000 (Sold on 01 Mar 2024)
- The first recorded sale happened at this postcode is , 62 ST MARGARETS STREET: £110,000 (Sold on 03 Mar 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£325,549	£3,480	28
2023	£372,261	£3,819	44
2022	£332,176	£3,628	76
2021	£303,765	£3,323	115
2020	£276,002	£3,053	50
2019	£278,507	£3,026	76
2018	£269,511	£3,203	71
2017	£285,439	£3,004	79
2016	£257,798	£2,813	81
2015	£228,816	£2,451	77
2014	£216,175	£2,331	94
2013	£184,924	£2,026	90
2012	£179,032	£1,836	66
2011	£183,437	£1,909	68
2010	£163,392	£1,797	54
2009	£153,550	£1,864	40
2008	£161,847	£1,872	50
2007	£175,436	£1,945	116
2006	£162,754	£1,825	108
2005	£161,058	£1,733	103
2004	£151,974	£1,676	122
2003	£137,676	£1,545	108
2002	£128,362	£1,271	132
2001	£89,716	£1,028	128
2000	£86,526	£913	139
1999	£78,135	£808	133
1998	£71,365	£707	90
1997	£56,233	£609	98
1996	£49,201	£491	70
1995	£47,414	£487	67

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£436,000	£4,584	10
2023	£475,682	£4,536	11
2022	£491,235	£4,341	17
2021	£506,167	£3,895	30
2020	£449,833	£3,228	9
2019	£416,667	£3,791	9
2018	£342,974	£3,399	19
2017	£422,395	£3,332	19
2016	£433,935	£3,386	18
2015	£326,265	£3,155	17
2014	£346,214	£2,867	7
2013	£276,890	£2,547	10
2012	£305,077	£2,869	13
2011	£213,536	£1,852	14
2010	£259,841	£2,106	22
2009	£241,727	£2,652	11
2008	£188,531	£1,928	16
2007	£271,706	£2,121	23
2006	£247,932	£2,067	31
2005	£194,566	£1,942	18
2004	£233,983	£1,908	27
2003	£218,308	£1,698	29
2002	£208,907	£1,507	38
2001	£140,707	£1,321	25
2000	£140,749	£1,167	23
1999	£115,039	£937	47
1998	£82,039	£907	31
1997	£67,721	£670	36
1996	£74,429	£663	39
1995	£76,947	£551	18

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£186,857	£3,632	7
2023	£262,958	£3,499	58
2022	£262,724	£3,546	87
2021	£238,898	£3,379	42
2020	£213,543	£3,386	35
2019	£206,825	£3,315	29
2018	£190,002	£3,374	45
2017	£193,216	£3,097	35
2016	£182,842	£3,188	52
2015	£164,683	£2,746	71
2014	£152,212	£2,577	59
2013	£147,462	£2,224	26
2012	£129,416	£2,121	37
2011	£149,609	£2,295	32
2010	£163,941	£2,280	17
2009	£143,986	£2,023	18
2008	£147,312	£2,562	48
2007	£162,013	£2,631	62
2006	£148,909	£2,478	68
2005	£146,747	£2,364	63
2004	£146,683	£2,328	123
2003	£135,037	£2,237	83
2002	£106,322	£1,902	88
2001	£101,290	£1,778	90
2000	£86,478	£1,569	112
1999	£76,699	£1,346	68
1998	£66,495	£1,155	55
1997	£55,544	£1,083	71
1996	£56,130	£733	25
1995	£35,640	£737	25

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£382,500		2
2023	£108,750	£4,593	2
2022	£768,225	£9,253	2
2021	£362,000	£6,978	5
2020	£463,333		3
2019	£833,250	£2,906	6
2018	£277,833	£1,595	3
2017	£430,000		2
2015	£330,000	£7,500	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£690,000		1
2023	£461,712	£4,068	8
2022	£624,000	£4,769	3
2021	£523,900	£3,949	5
2020	£621,667	£3,230	3
2019	£637,500	£3,186	6
2018	£500,312	£3,456	8
2017	£429,714	£3,546	7
2016	£465,333	£3,516	12
2015	£402,000	£2,911	6
2014	£405,350	£3,101	10
2013	£257,500	£2,505	2
2012	£314,000	£2,756	2
2011	£323,375	£2,830	8
2010	£385,250	£2,066	4
2009	£310,500	£2,443	5
2008	£435,200	£3,113	5
2007	£318,666	£2,589	12
2006	£401,722	£2,286	11
2005	£766,667	£1,715	3
2004	£342,062	£1,900	8
2003	£334,125	£1,879	8
2002	£228,999	£1,675	5
2001	£224,385	£1,327	7
2000	£183,450	£1,419	10
1999	£196,857	£1,102	7
1998	£151,658	£1,273	5
1997	£150,444	£992	9
1996	£118,929	£781	7
1995	£130,346	£869	13

House Type in ME1 1SD area

The most common house types in the ME1 1SD postcode area are Terraced (61), Semi-detached (27), and Flat (8).

Total	110
Terraced	61
Semi-detached	27
Flat	8
Shared house	8
Detached	5
converted building	1
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (55), and Owned: Owns outright (25).

Owned: Owns with a mortgage or loan	55
Owned: Owns outright	25
Private rented: Private landlord or letting agency	25
Social rented: Other social rented	2
Private rented: Other private rented	2
Social rented: Rents from council or Local Authority	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the ME1 1SD have 2 people in household (43), and 1 person in household (31).

2 people in household	43
1 person in household	31
3 people in household	20
4 people in household	8
5 people in household	7
8 or more people in household	1
0 people in household	0
6 people in household	0
7 people in household	0