Housing Market Analysis for COLCHESTER CLOSE, ME5 0HQ

Are you looking to understand ME5 0HQ 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 ME5 0HQ area, explore the ME5 0HQ Area information page.
For comprehensive crime statistics in the ME5 0HQ area, explore the ME5 0HQ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME5 0HQ postcode area, The average prices are as follows,

Terraced
- The average price is around £98,753 median price is £90,000 Standard Deviation is £52,408 with Total Sold: 13
- The Last 5 Year average price is £195,000 with Total Sold: 2
- The most recent sale happened at this postcode is 12 COLCHESTER CLOSE: £200,000 (Sold on 26 Jul 2024)
- The first recorded sale happened at this postcode is 12 COLCHESTER CLOSE: £27,300 (Sold on 03 Feb 1999)
Semi-Detached
- The average price is around £142,376 median price is £125,000 Standard Deviation is £89,053 with Total Sold: 63
- The Last 5 Year average price is £296,900 with Total Sold: 10
- The most recent sale happened at this postcode is 19 COLCHESTER CLOSE: £400,000 (Sold on 19 Oct 2023)
- The first recorded sale happened at this postcode is 18 COLCHESTER CLOSE: £300,000 (Sold on 01 Dec 2023)
Detached
- The average price is around £145,714 median price is £138,000 Standard Deviation is £71,835 with Total Sold: 7
- The Last 5 Year average price is £280,000 with Total Sold: 1
- The most recent sale happened at this postcode is 24 COLCHESTER CLOSE: £280,000 (Sold on 29 Jun 2021)
- The first recorded sale happened at this postcode is 24 COLCHESTER CLOSE: £66,000 (Sold on 27 Nov 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 0HQ 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£200,000		1
2023	£190,000	£4,524	1
2014	£120,000	£2,791	1
2013	£83,000	£1,976	1
2010	£90,000	£2,143	1
2007	£139,500	£2,491	1
2006	£107,000	£2,488	1
2004	£117,000	£1,158	1
2002	£63,995	£1,613	1
2000	£53,000	£803	2
1999	£33,648	£848	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£346,000	£4,572	5
2020	£247,250	£4,128	4
2019	£250,000	£3,378	1
2018	£222,500	£4,298	2
2017	£223,000	£3,459	2
2016	£202,500	£3,529	3
2014	£158,332	£2,653	3
2013	£137,250	£2,573	2
2012	£122,000	£2,324	1
2010	£188,500	£2,210	1
2009	£127,500	£1,991	2
2008	£140,000	£2,237	1
2007	£168,498	£1,640	2
2006	£135,149	£2,398	5
2005	£130,000	£2,500	1
2003	£102,799	£1,929	5
2002	£87,799	£1,571	5
2001	£74,972	£1,305	2
2000	£66,500	£1,231	1
1999	£55,582	£905	6
1998	£50,333	£882	3
1997	£43,000		1
1996	£40,500	£734	3
1995	£43,000	£796	2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£280,000	£4,667	1
2014	£207,000	£2,407	1
2007	£160,000	£2,712	1
2005	£138,000	£2,339	1
2002	£95,000	£1,610	1
2000	£74,000	£1,233	1
1998	£66,000	£1,100	1

All the Sales in the COLCHESTER CLOSE, ME5 0HQ

See the table below for more details on the sold house prices in the ME5 0HQ, Medway postcode.

Address	Sold Date	Price	% Change
12 COLCHESTER CLOSETerraced, Freehold	26 Jul 2024	£200,000	212.52%
	12 Jul 2002	£63,995	60.01%
	10 Dec 1999	£39,995	46.50%
	03 Feb 1999	£27,300	First Sale
19 COLCHESTER CLOSESemi-Detached, FreeholdArea: 85.28 Sq.mtrAge: 1991-1995	19 Oct 2023	£400,000	0.0
	19 Oct 2023	£400,000	112.20%
	12 Feb 2010	£188,500	-4.31%
	30 Aug 2007	£197,000	251.82%
	28 May 1999	£55,995	First Sale
15 COLCHESTER CLOSESemi-Detached, FreeholdArea: 53 Sq.mtrAge: 1996-2002	19 Jul 2023	£250,000	159.07%
	20 Jun 2003	£96,500	First Sale
9A COLCHESTER CLOSETerraced, FreeholdArea: 42 Sq.mtrAge: 1976-1982	28 Apr 2023	£190,000	128.92%
	01 Feb 2013	£83,000	-7.78%
	26 Feb 2010	£90,000	125.00%
	17 Aug 2000	£40,000	First Sale
24 COLCHESTER CLOSEDetached, FreeholdArea: 60 Sq.mtrAge: 1991-1995	29 Jun 2021	£280,000	278.38%
	06 Mar 2000	£74,000	12.12%
	27 Nov 1998	£66,000	First Sale
8 COLCHESTER CLOSESemi-Detached, FreeholdArea: 56 Sq.mtrAge: 1976-1982	30 Nov 2020	£232,000	14.57%
	13 Jun 2016	£202,500	50.56%
	07 Aug 2013	£134,500	-3.58%
	17 Aug 2007	£139,500	First Sale
18 COLCHESTER CLOSESemi-Detached, FreeholdArea: 60 Sq.mtrAge: 1983-1990	17 Aug 2020	£270,000	28.57%
	27 Jan 2016	£210,000	44.33%
	09 Jun 2006	£145,500	171.96%
	26 Feb 1998	£53,500	-82.17%
	01 Dec 2023	£300,000	First Sale
27 COLCHESTER CLOSESemi-Detached, FreeholdArea: 52 Sq.mtrAge: 1983-1990	31 Jul 2020	£225,000	104.55%
	23 May 2003	£109,995	15.78%
	04 Oct 2002	£95,000	82.69%
	03 Sep 1999	£52,000	First Sale
25 COLCHESTER CLOSESemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1983-1990	05 Mar 2020	£262,000	4.80%
	06 Dec 2019	£250,000	-1.96%
	01 Sep 2017	£255,000	59.38%
	22 Apr 2014	£160,000	23.08%
	13 Mar 2009	£130,000	-7.14%
	31 Oct 2008	£140,000	-11.11%
	04 Apr 2006	£157,500	97.00%
	15 Jun 2001	£79,950	24.92%
	30 Jul 1999	£64,000	43.82%
	27 Sep 1996	£44,500	First Sale
30 COLCHESTER CLOSESemi-Detached, FreeholdArea: 51 Sq.mtrAge: 1976-1982	14 Dec 2018	£215,000	53.57%
	10 Dec 2013	£140,000	241.46%
	29 Mar 1996	£41,000	First Sale
7 COLCHESTER CLOSESemi-Detached, FreeholdArea: 52.5 Sq.mtrAge: 1983-1990	26 Oct 2018	£230,000	88.52%
	10 Jul 2012	£122,000	23.86%
	06 Feb 2003	£98,500	40.72%
	25 May 2001	£69,995	94.43%
	10 Dec 1996	£36,000	First Sale
29 COLCHESTER CLOSESemi-Detached, FreeholdArea: 55 Sq.mtrAge: 1983-1990	21 Sep 2017	£191,000	66.45%
	21 Feb 2006	£114,750	9.29%
	07 Feb 2003	£105,000	First Sale
28 COLCHESTER CLOSESemi-Detached, FreeholdArea: 56.16 Sq.mtrAge: 1983-1990	26 Feb 2016	£195,000	56.00%
	23 Oct 2009	£125,000	184.09%
	22 May 1995	£44,000	First Sale
10 COLCHESTER CLOSETerraced, FreeholdArea: 43 Sq.mtrAge: 1991-1995	30 Sep 2014	£120,000	12.15%
	29 Nov 2006	£107,000	First Sale
36 COLCHESTER CLOSESemi-Detached, FreeholdArea: 57 Sq.mtrAge: 1983-1990	01 Aug 2014	£155,000	229.79%
	27 Apr 1998	£47,000	First Sale
21 COLCHESTER CLOSESemi-Detached, FreeholdArea: 52 Sq.mtrAge: 1983-1990	23 May 2014	£159,995	20.30%
	31 Jan 2006	£132,995	2.30%
	22 Dec 2005	£130,000	First Sale
23 COLCHESTER CLOSEDetached, FreeholdArea: 86 Sq.mtrAge: 1983-1990	17 Jan 2014	£207,000	First Sale
2 COLCHESTER CLOSEDetached, FreeholdArea: 59 Sq.mtrAge: 1991-1995	17 Sep 2007	£160,000	68.42%
	02 Aug 2002	£95,000	First Sale
31 COLCHESTER CLOSESemi-Detached, FreeholdArea: 101 Sq.mtrAge: 1983-1990	23 Mar 2007	£139,995	19.65%
	15 Mar 2004	£117,000	42.69%
	03 May 2002	£81,995	24.23%
	30 Jun 2000	£66,000	-82.63%
	19 Dec 2023	£380,000	First Sale
32 COLCHESTER CLOSESemi-Detached, FreeholdArea: 52 Sq.mtrAge: 1983-1990	12 Jun 2006	£125,000	54.32%
	04 Feb 2002	£81,000	60.40%
	02 Nov 1998	£50,500	20.24%
	31 Jul 1995	£42,000	First Sale
16 COLCHESTER CLOSEDetached, FreeholdArea: 59 Sq.mtrAge: 1991-1995	14 Apr 2005	£138,000	118.18%
	19 Feb 1999	£63,250	First Sale
35 COLCHESTER CLOSESemi-Detached, FreeholdArea: 54 Sq.mtrAge: 1983-1990	03 Dec 2003	£104,000	56.39%
	22 Sep 2000	£66,500	24.88%
	16 Dec 1999	£53,250	First Sale
3 COLCHESTER CLOSESemi-Detached, FreeholdArea: 45 Sq.mtrAge: 1983-1990	11 Apr 2002	£94,000	First Sale
17 COLCHESTER CLOSESemi-Detached, Freehold	20 Mar 2002	£87,000	First Sale
22 COLCHESTER CLOSESemi-Detached, FreeholdArea: 53 Sq.mtrAge: 1991-1995	03 Jun 1999	£45,000	First Sale
4 COLCHESTER CLOSESemi-Detached, Freehold	11 Apr 1997	£43,000	First Sale

Check out the sold house prices near the ME5 0HQ postcode. Properties currently for saleProperties currently for rent

COLCHESTER CLOSE, ME5 0HQ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME5 0HQ 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 ME5 0HQ postcode.

Semi-Detached
- The average price is around £144,699 median price is £133,000 Standard Deviation is £83,882 with Total Sold: 1,036
- The Last 5 Year average price is £280,415 with Total Sold: 143
- The most recent sale happened at this postcode is , 33 ALAMEIN AVENUE: £318,000 (Sold on 29 Aug 2024)
- The first recorded sale happened at this postcode is , 15 WOOLWICH CLOSE: £53,500 (Sold on 06 Jan 1995)
Terraced
- The average price is around £126,633 median price is £120,000 Standard Deviation is £69,640 with Total Sold: 1,139
- The Last 5 Year average price is £237,280 with Total Sold: 150
- The most recent sale happened at this postcode is , 53 HERITAGE ROAD: £320,000 (Sold on 15 Aug 2024)
- The first recorded sale happened at this postcode is , 57 HERITAGE ROAD: £44,949 (Sold on 10 Feb 1995)
Flat
- The average price is around £106,939 median price is £105,000 Standard Deviation is £60,989 with Total Sold: 57
- The Last 5 Year average price is £197,500 with Total Sold: 10
- The most recent sale happened at this postcode is , 213 CHURCHILL AVENUE: £310,000 (Sold on 21 Jun 2024)
- The first recorded sale happened at this postcode is , 30 TIMBER BANK: £31,000 (Sold on 14 Mar 1995)
Detached
- The average price is around £290,774 median price is £250,000 Standard Deviation is £196,331 with Total Sold: 85
- The Last 5 Year average price is £521,765 with Total Sold: 17
- The most recent sale happened at this postcode is , 29 THE RIDGEWAY: £850,000 (Sold on 14 Jun 2024)
- The first recorded sale happened at this postcode is , 16 WALDERSLADE ROAD: £125,000 (Sold on 01 Sep 1995)
Other
- The average price is around £298,966 median price is £196,500 Standard Deviation is £360,429 with Total Sold: 15
- The Last 5 Year average price is £442,750 with Total Sold: 8
- The most recent sale happened at this postcode is , 10 WOOLWICH CLOSE: £520,000 (Sold on 08 Mar 2023)
- The first recorded sale happened at this postcode is , 183B WAYFIELD ROAD: £160,000 (Sold on 05 Nov 2015)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£271,454	£3,502	8
2023	£320,439	£3,772	28
2022	£332,190	£3,745	21
2021	£271,031	£3,572	35
2020	£246,000	£3,378	26
2019	£243,892	£3,124	25
2018	£242,053	£3,174	39
2017	£249,706	£3,095	27
2016	£219,831	£2,850	34
2015	£190,678	£2,385	28
2014	£167,189	£2,232	33
2013	£154,065	£1,983	25
2012	£145,464	£2,003	28
2011	£146,562	£1,965	16
2010	£155,919	£1,850	18
2009	£141,484	£1,852	32
2008	£138,182	£1,892	23
2007	£159,309	£2,085	45
2006	£138,138	£2,096	38
2005	£132,740	£1,900	33
2004	£137,548	£1,809	50
2003	£121,355	£1,705	61
2002	£94,585	£1,340	60
2001	£78,941	£1,087	45
2000	£71,596	£980	43
1999	£59,049	£834	54
1998	£52,423	£713	41
1997	£48,543	£714	44
1996	£50,224	£615	44
1995	£45,190	£687	32

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£245,885	£3,752	13
2023	£266,607	£4,407	14
2022	£255,217	£4,172	30
2021	£236,302	£3,737	43
2020	£231,820	£3,559	25
2019	£202,000	£3,221	25
2018	£212,833	£3,375	30
2017	£214,214	£3,477	42
2016	£213,000	£2,914	36
2015	£157,892	£2,790	37
2014	£147,686	£2,551	38
2013	£124,553	£2,316	28
2012	£127,990	£2,011	30
2011	£123,385	£2,015	26
2010	£123,188	£2,348	19
2009	£123,950	£2,048	20
2008	£144,857	£2,057	14
2007	£142,091	£2,367	69
2006	£128,039	£2,370	56
2005	£126,540	£2,218	37
2004	£117,999	£1,895	59
2003	£104,458	£1,851	61
2002	£83,559	£1,510	51
2001	£65,365	£1,140	60
2000	£59,430	£1,033	80
1999	£49,373	£842	67
1998	£46,517	£808	39
1997	£42,225	£747	32
1996	£40,765	£706	32
1995	£40,402	£729	26

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£310,000		1
2022	£200,000	£5,556	1
2021	£230,000	£2,911	1
2020	£265,000	£2,561	1
2019	£161,667	£3,192	6
2018	£151,000	£3,196	4
2017	£110,000	£2,022	1
2016	£119,050	£2,358	5
2015	£125,500	£3,022	2
2014	£125,000	£2,642	1
2012	£157,500	£1,522	1
2010	£86,000	£2,137	1
2008	£109,167	£2,686	3
2007	£103,000	£2,239	1
2006	£100,567	£2,109	3
2005	£101,500	£1,990	1
2004	£94,875	£2,256	4
2003	£89,749	£1,504	4
2002	£64,000	£1,333	1
2001	£46,333	£982	3
2000	£40,760	£914	5
1999	£32,167	£833	3
1998	£29,125	£625	2
1995	£29,000	£624	2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£681,250	£3,394	2
2023	£335,000	£3,988	1
2022	£782,500	£4,174	2
2021	£393,857	£4,234	7
2020	£570,100	£3,537	5
2018	£545,000	£3,508	2
2017	£309,000	£3,291	2
2016	£416,125	£3,118	4
2015	£334,207	£2,889	7
2014	£271,000	£2,712	2
2013	£302,500	£2,320	2
2012	£307,500	£2,129	2
2011	£167,667	£1,957	3
2010	£360,833	£2,146	3
2008	£196,500	£1,748	2
2007	£186,928	£2,047	5
2006	£284,167	£2,559	3
2005	£204,000	£2,169	2
2004	£257,665	£3,165	3
2003	£125,000		1
2002	£186,250	£1,522	4
2001	£137,624	£1,360	4
2000	£140,499	£1,089	4
1999	£115,333	£1,054	3
1998	£93,312	£1,100	4
1997	£142,833	£644	3
1996	£85,000	£779	2
1995	£125,000	£984	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£520,000	£3,688	1
2022	£820,000		2
2020	£283,000	£2,627	4
2019	£250,000	£2,688	1
2017	£63,333	£1,552	3
2016	£197,499		3
2015	£160,000		1

House Type in ME5 0HQ area

The most common house types in the ME5 0HQ postcode area are Semi-detached (91), Terraced (19), and Detached (15).

Total	126
Semi-detached	91
Terraced	19
Detached	15
commercial building	1
Flat	0
Shared house	0
converted 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 (44), and Owned: Owns outright (34).

Owned: Owns with a mortgage or loan	44
Owned: Owns outright	34
Private rented: Private landlord or letting agency	27
Social rented: Other social rented	11
Shared ownership: Shared ownership	5
Social rented: Rents from council or Local Authority	4
Private rented: Other private rented	3
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the ME5 0HQ have 1 person in household (40), and 2 people in household (38).

1 person in household	40
2 people in household	38
3 people in household	21
4 people in household	17
5 people in household	7
6 people in household	2
8 or more people in household	1
0 people in household	0
7 people in household	0