Housing Market Analysis for AUSTIN CLOSE, ME5 7JG

Are you looking to understand ME5 7JG 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 7JG area, explore the ME5 7JG Area information page.
For comprehensive crime statistics in the ME5 7JG area, explore the ME5 7JG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME5 7JG postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £216,000 median price is £174,000 Standard Deviation is £85,350 with Total Sold: 3
    • The Last 5 Year average price is £254,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 9 AUSTIN CLOSE: £335,000 (Sold on 24 Apr 2024)
    • The first recorded sale happened at this postcode is 4 AUSTIN CLOSE: £139,000 (Sold on 01 Apr 2009)
  • Terraced
    • The average price is around £202,750 median price is £210,000 Standard Deviation is £42,163 with Total Sold: 4
    • The Last 5 Year average price is £246,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 6 AUSTIN CLOSE: £246,000 (Sold on 25 Jun 2021)
    • The first recorded sale happened at this postcode is 2 AUSTIN CLOSE: £145,000 (Sold on 18 Mar 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 7JG 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£335,0001
2021£174,000 £1,977 1
2009£139,000 £1,805 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£246,000 £3,195 1
2018£240,000 £3,117 1
2007£180,0001
2005£145,0001

All the Sales in the AUSTIN CLOSE, ME5 7JG

See the table below for more details on the sold house prices in the ME5 7JG, Medway postcode.

AddressSold DatePrice% Change
9 AUSTIN CLOSESemi-Detached, Freehold24 Apr 2024£335,000First Sale
10 AUSTIN CLOSESemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1950-196630 Sep 2021£174,000First Sale
6 AUSTIN CLOSETerraced, FreeholdArea: 77 Sq.mtrAge: 1967-197525 Jun 2021£246,0002.50%
14 Sep 2018£240,000First Sale
4 AUSTIN CLOSESemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1950-196601 Apr 2009£139,000First Sale
5 AUSTIN CLOSETerraced, Freehold07 Dec 2007£180,000First Sale
2 AUSTIN CLOSETerraced, Freehold18 Mar 2005£145,000First Sale

Check out the sold house prices near the ME5 7JG postcode. Properties currently for saleProperties currently for rent

AUSTIN CLOSE, ME5 7JG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME5 7JG 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 7JG postcode.

  • Semi-Detached
    • The average price is around £204,613 median price is £199,748 Standard Deviation is £104,204 with Total Sold: 770
    • The Last 5 Year average price is £352,068 with Total Sold: 113
    • The most recent sale happened at this postcode is , 18 MALVERN ROAD: £388,000 (Sold on 28 Aug 2024)
    • The first recorded sale happened at this postcode is , 36 FIRST AVENUE: £74,000 (Sold on 06 Jan 1995)
  • Detached
    • The average price is around £269,468 median price is £249,995 Standard Deviation is £159,175 with Total Sold: 270
    • The Last 5 Year average price is £481,460 with Total Sold: 43
    • The most recent sale happened at this postcode is , 48 CLEAVE ROAD: £275,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 102 FIRST AVENUE: £69,000 (Sold on 17 Feb 1995)
  • Terraced
    • The average price is around £178,078 median price is £170,000 Standard Deviation is £94,350 with Total Sold: 1,050
    • The Last 5 Year average price is £310,813 with Total Sold: 178
    • The most recent sale happened at this postcode is , 43 HOLMSIDE: £325,500 (Sold on 05 Aug 2024)
    • The first recorded sale happened at this postcode is , 127 RAINHAM ROAD: £27,000 (Sold on 01 Feb 1995)
  • Flat
    • The average price is around £80,418 median price is £83,500 Standard Deviation is £36,335 with Total Sold: 103
    • The Last 5 Year average price is £137,458 with Total Sold: 12
    • The most recent sale happened at this postcode is FLAT 6, ROMANY COURT BEACON ROAD: £143,500 (Sold on 21 Mar 2024)
    • The first recorded sale happened at this postcode is GROUND FLOOR FLAT, 32 MALVERN ROAD: £42,200 (Sold on 18 May 1995)
  • Other
    • The average price is around £530,174 median price is £250,000 Standard Deviation is £744,702 with Total Sold: 23
    • The Last 5 Year average price is £464,800 with Total Sold: 15
    • The most recent sale happened at this postcode is , OLD ASH TREE RAINHAM ROAD: £1,030,000 (Sold on 11 Sep 2023)
    • The first recorded sale happened at this postcode is , 426 CANTERBURY STREET: £392,500 (Sold on 30 Apr 2015)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£351,8754
2023£406,941 £3,426 17
2022£405,025 £3,509 18
2021£339,814 £2,936 41
2020£316,269 £3,403 13
2019£306,196 £2,831 20
2018£310,812 £3,055 24
2017£310,662 £2,990 24
2016£297,924 £2,754 23
2015£235,945 £2,298 37
2014£244,716 £2,156 19
2013£204,079 £1,657 19
2012£185,097 £1,631 24
2011£218,913 £1,903 23
2010£193,650 £1,794 20
2009£180,963 £1,936 27
2008£207,500 £1,897 19
2007£224,685 £2,192 32
2006£213,126 £1,892 51
2005£211,950 £1,863 21
2004£202,749 £1,690 20
2003£183,084 £1,713 30
2002£160,358 £1,488 32
2001£129,745 £1,159 27
2000£117,553 £1,011 28
1999£91,600 £749 35
1998£84,499 £817 37
1997£77,118 £706 34
1996£76,064 £548 20
1995£67,900 £621 31
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£432,300 £4,835 5
2023£662,143 £4,281 7
2022£546,222 £4,074 9
2021£371,057 £3,581 14
2020£450,833 £3,534 3
2019£488,600 £3,452 5
2018£419,167 £3,065 6
2017£436,600 £3,234 10
2016£315,600 £3,614 6
2015£318,923 £2,984 13
2014£296,599 £2,369 5
2013£238,333 £2,173 9
2012£282,471 £2,930 7
2011£256,091 £2,095 11
2010£260,659 £2,337 11
2009£243,333 £2,438 6
2008£272,312 £2,438 8
2007£280,500 £2,236 8
2006£233,231 £1,784 17
2005£267,131 £2,067 17
2004£248,712 £2,108 4
2003£223,050 £1,762 10
2002£212,800 £1,651 15
2001£127,909 £1,418 11
2000£134,942 £1,003 8
1999£117,759 £1,046 11
1998£121,362 £1,034 4
1997£99,599 £825 15
1996£87,571 £707 7
1995£82,881 £716 8
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£338,542 £3,296 12
2023£312,838 £3,334 20
2022£332,847 £3,235 36
2021£298,770 £2,963 50
2020£295,323 £2,829 31
2019£307,914 £2,932 29
2018£263,811 £2,685 37
2017£268,288 £2,697 26
2016£254,491 £2,561 28
2015£204,945 £2,073 41
2014£197,784 £2,080 36
2013£178,430 £1,832 31
2012£179,222 £1,857 18
2011£187,049 £1,803 27
2010£178,897 £1,947 20
2009£153,444 £1,758 18
2008£188,562 £1,753 16
2007£190,470 £1,843 53
2006£204,695 £1,824 69
2005£172,803 £1,807 36
2004£168,182 £1,692 33
2003£148,005 £1,472 41
2002£119,846 £1,261 42
2001£101,836 £976 54
2000£88,753 £980 41
1999£71,395 £652 46
1998£69,654 £656 33
1997£63,047 £558 45
1996£57,126 £573 47
1995£52,160 £485 34
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£143,5001
2023£160,0001
2022£145,000 £4,389 1
2021£130,750 £2,956 6
2019£138,833 £3,193 3
2018£120,0001
2017£121,061 £2,314 8
2016£101,000 £3,135 2
2015£92,100 £2,472 5
2014£80,875 £1,895 4
2013£70,417 £1,780 3
2012£73,500 £1,188 2
2011£57,500 £1,726 2
2007£99,257 £2,079 13
2006£82,500 £2,154 5
2005£94,7494
2004£78,389 £1,510 5
2003£69,500 £1,755 4
2002£56,250 £1,145 12
2001£36,485 £720 4
2000£35,665 £544 3
1999£33,375 £677 4
1998£23,800 £185 3
1997£21,500 £442 2
1996£33,498 £673 2
1995£30,400 £587 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£667,500 £4,013 2
2022£746,500 £3,228 4
2021£386,250 £1,071 4
2019£221,200 £3,318 5
2018£125,000 £4,324 4
2017£3,553,8721
2016£175,0001
2015£496,5662

House Type in ME5 7JG area

The most common house types in the ME5 7JG postcode area are Semi-detached (94), Detached (46), and Terraced (40).

Total191
Semi-detached94
Detached46
Terraced40
Flat11
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (85), and Owned: Owns with a mortgage or loan (77).

Owned: Owns outright85
Owned: Owns with a mortgage or loan77
Private rented: Private landlord or letting agency18
Social rented: Other social rented13
Social rented: Rents from council or Local Authority2
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the ME5 7JG have 2 people in household (75), and 1 person in household (37).

2 people in household75
1 person in household37
4 people in household36
3 people in household33
5 people in household8
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0