Housing Market Analysis for BENEDICT CLOSE, ME2 1NJ

Are you looking to understand ME2 1NJ 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 ME2 1NJ area, explore the ME2 1NJ Area information page.
For comprehensive crime statistics in the ME2 1NJ area, explore the ME2 1NJ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME2 1NJ postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £145,031 median price is £133,750 Standard Deviation is £82,109 with Total Sold: 16
- The Last 5 Year average price is £308,750 with Total Sold: 2
- The most recent sale happened at this postcode is 5 BENEDICT CLOSE: £297,500 (Sold on 11 Dec 2020)
- The first recorded sale happened at this postcode is 2 BENEDICT CLOSE: £320,000 (Sold on 01 Jul 2024)
Terraced
- The average price is around £117,400 median price is £120,000 Standard Deviation is £61,239 with Total Sold: 5
- The Last 5 Year average price is £190,000 with Total Sold: 1
- The most recent sale happened at this postcode is 6 BENEDICT CLOSE: £190,000 (Sold on 19 Jul 2019)
- The first recorded sale happened at this postcode is 6 BENEDICT CLOSE: £43,000 (Sold on 13 Jan 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average ME2 1NJ 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
2020	£297,500	£4,312	1
2016	£252,000	£4,667	1
2013	£182,500	£3,125	1
2006	£176,000	£2,551	1
2005	£152,500	£2,210	2
2004	£153,000	£2,468	1
2003	£132,500	£2,137	1
2001	£94,995	£1,377	1
2000	£60,000	£870	1
1999	£84,250	£1,226	2
1998	£65,500	£949	1
1997	£57,000	£919	1
1996	£56,000	£1,037	1
2024	£320,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£190,000	£3,725	1
2007	£180,000	£3,529	1
2005	£120,000	£2,353	1
1999	£54,000	£1,059	1
1997	£43,000	£843	1

All the Sales in the BENEDICT CLOSE, ME2 1NJ

See the table below for more details on the sold house prices in the ME2 1NJ, Medway postcode.

Address	Sold Date	Price	% Change
5 BENEDICT CLOSESemi-Detached, FreeholdArea: 69 Sq.mtrAge: 1983-1990	11 Dec 2020	£297,500	120.37%
	24 Nov 2005	£135,000	125.00%
	07 Apr 2000	£60,000	First Sale
6 BENEDICT CLOSETerraced, FreeholdArea: 51 Sq.mtrAge: 1983-1990	19 Jul 2019	£190,000	5.56%
	31 Aug 2007	£180,000	50.00%
	29 Jul 2005	£120,000	122.22%
	01 Feb 1999	£54,000	25.58%
	13 Jan 1997	£43,000	First Sale
2 BENEDICT CLOSESemi-Detached, FreeholdArea: 54 Sq.mtrAge: 1991-1995	24 Oct 2016	£252,000	350.00%
	02 Aug 1996	£56,000	-82.50%
	01 Jul 2024	£320,000	First Sale
7 BENEDICT CLOSESemi-Detached, FreeholdArea: 58.4 Sq.mtrAge: 1991-1995	06 Sep 2013	£182,500	First Sale
8 BENEDICT CLOSESemi-Detached, FreeholdArea: 69 Sq.mtrAge: 1983-1990	30 Nov 2006	£176,000	3.53%
	15 Dec 2005	£170,000	78.96%
	23 Nov 2001	£94,995	45.03%
	27 Mar 1998	£65,500	First Sale
1 BENEDICT CLOSESemi-Detached, FreeholdArea: 62 Sq.mtrAge: 1996-2002	02 Apr 2004	£153,000	15.47%
	31 Jan 2003	£132,500	74.34%
	30 Jul 1999	£76,000	33.33%
	07 Feb 1997	£57,000	First Sale
3 BENEDICT CLOSESemi-Detached, Freehold	25 May 1999	£92,500	First Sale

Check out the sold house prices near the ME2 1NJ postcode. Properties currently for saleProperties currently for rent

BENEDICT CLOSE, ME2 1NJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME2 1NJ 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 ME2 1NJ postcode.

Terraced
- The average price is around £148,648 median price is £135,000 Standard Deviation is £84,336 with Total Sold: 542
- The Last 5 Year average price is £271,538 with Total Sold: 79
- The most recent sale happened at this postcode is , 177 HIGH STREET: £315,000 (Sold on 22 Aug 2024)
- The first recorded sale happened at this postcode is , 10 MAXIMILIAN DRIVE: £65,000 (Sold on 06 Jan 1995)
Flat
- The average price is around £127,020 median price is £136,000 Standard Deviation is £58,632 with Total Sold: 25
- The Last 5 Year average price is £182,375 with Total Sold: 8
- The most recent sale happened at this postcode is 2, FORGE GREEN COURT ESSEX ROAD: £180,000 (Sold on 14 Aug 2024)
- The first recorded sale happened at this postcode is , 13 TRAFALGAR CLOSE: £45,000 (Sold on 27 Jan 1995)
Semi-Detached
- The average price is around £159,520 median price is £140,750 Standard Deviation is £94,127 with Total Sold: 404
- The Last 5 Year average price is £332,473 with Total Sold: 42
- The most recent sale happened at this postcode is , 2 BENEDICT CLOSE: £320,000 (Sold on 01 Jul 2024)
- The first recorded sale happened at this postcode is , 10 LAMBARDE CLOSE: £74,000 (Sold on 02 Jun 1995)
Detached
- The average price is around £244,420 median price is £213,250 Standard Deviation is £132,874 with Total Sold: 312
- The Last 5 Year average price is £443,048 with Total Sold: 42
- The most recent sale happened at this postcode is , 135A KENT ROAD: £280,000 (Sold on 15 Apr 2024)
- The first recorded sale happened at this postcode is , 26 MAXIMILIAN DRIVE: £128,000 (Sold on 17 Feb 1995)
Other
- The average price is around £227,500 median price is £207,500 Standard Deviation is £136,848 with Total Sold: 10
- The Last 5 Year average price is £242,500 with Total Sold: 4
- The most recent sale happened at this postcode is , 18 HIGH STREET: £475,000 (Sold on 23 Mar 2021)
- The first recorded sale happened at this postcode is , 137A HIGH STREET: £200,000 (Sold on 25 Jul 2014)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£252,667	£4,051	6
2023	£282,154	£3,974	14
2022	£281,958	£3,884	12
2021	£277,737	£3,912	23
2020	£262,488	£3,148	12
2019	£255,333	£3,548	12
2018	£249,409	£3,897	11
2017	£222,861	£3,650	14
2016	£243,667	£3,676	12
2015	£225,944	£3,205	18
2014	£167,757	£2,380	22
2013	£179,093	£2,520	15
2012	£184,362	£2,514	16
2011	£144,933	£2,316	15
2010	£174,714	£2,661	7
2009	£160,143	£2,350	7
2008	£125,740	£1,365	12
2007	£183,229	£2,661	19
2006	£155,668	£2,325	19
2005	£155,164	£2,086	24
2004	£128,838	£1,943	18
2003	£130,129	£2,004	29
2002	£101,723	£1,468	25
2001	£93,216	£1,448	31
2000	£79,840	£1,107	22
1999	£67,977	£916	25
1998	£57,916	£941	27
1997	£58,314	£858	25
1996	£47,326	£766	17
1995	£58,689	£862	33

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£180,000		1
2023	£180,000	£3,673	1
2021	£216,500	£3,819	2
2020	£162,333	£3,045	3
2019	£179,000	£2,662	1
2016	£220,000	£3,099	1
2014	£125,000	£2,049	1
2013	£125,000	£1,911	3
2012	£124,000	£1,993	3
2008	£140,000	£2,333	1
2006	£93,000	£1,843	2
2004	£130,000	£1,813	1
1999	£30,500	£529	3
1995	£38,500	£628	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£337,500	£4,551	2
2023	£358,750	£3,048	4
2022	£381,250	£4,397	6
2021	£342,106	£3,889	9
2020	£303,615	£3,593	13
2019	£317,550	£3,812	8
2018	£306,167	£4,021	6
2017	£279,571	£3,921	7
2016	£289,929	£4,050	7
2015	£243,200	£2,859	10
2014	£214,283	£2,897	9
2013	£195,000	£2,633	9
2012	£210,800	£2,720	5
2011	£179,545	£2,423	11
2010	£255,500	£2,710	2
2009	£169,300	£2,111	5
2008	£184,357	£2,566	7
2007	£215,666	£2,857	18
2006	£196,766	£2,344	15
2005	£190,692	£2,427	13
2004	£165,353	£2,114	17
2003	£158,436	£2,267	21
2002	£129,527	£1,793	18
2001	£114,604	£1,568	23
2000	£102,283	£1,357	16
1999	£86,110	£1,286	20
1998	£87,650	£1,071	22
1997	£74,350	£1,008	55
1996	£67,155	£948	30
1995	£66,071	£922	16

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£460,000		3
2023	£479,625	£4,604	4
2022	£480,333	£4,635	9
2021	£411,500	£3,669	10
2020	£453,438	£4,004	8
2019	£405,500	£4,034	8
2018	£421,786	£4,081	7
2017	£448,500	£3,269	7
2016	£332,000	£3,458	4
2015	£317,000	£3,041	6
2014	£311,571	£2,912	7
2013	£281,278	£2,465	9
2012	£275,742	£2,478	6
2011	£259,167	£2,509	6
2010	£281,392	£2,454	7
2009	£246,833	£2,113	6
2008	£299,167	£2,493	6
2007	£324,172	£2,878	11
2006	£267,050	£2,445	9
2005	£285,125	£2,506	12
2004	£286,066	£2,399	15
2003	£284,750	£2,236	6
2002	£202,562	£1,668	8
2001	£174,131	£1,600	19
2000	£165,180	£1,420	11
1999	£139,514	£1,231	18
1998	£132,903	£1,096	32
1997	£105,630	£981	25
1996	£112,019	£937	21
1995	£105,650	£920	12

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£475,000		1
2019	£165,000	£3,131	3
2018	£151,667	£1,392	3
2016	£450,000		1
2014	£200,000	£1,905	2

House Type in ME2 1NJ area

The most common house types in the ME2 1NJ postcode area are Terraced (46), Semi-detached (45), and Detached (39).

Total	131
Terraced	46
Semi-detached	45
Detached	39
temporary structure	1
Flat	0
Shared house	0
converted building	0
commercial building	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (65), and Owned: Owns outright (57).

Owned: Owns with a mortgage or loan	65
Owned: Owns outright	57
Private rented: Private landlord or letting agency	6
Private rented: Other private rented	3
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the ME2 1NJ have 2 people in household (50), and 1 person in household (42).

2 people in household	50
1 person in household	42
3 people in household	22
4 people in household	12
5 people in household	4
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0