Housing Market Analysis for BURMARSH CLOSE, ME5 7LZ

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £148,802 median price is £142,750 Standard Deviation is £78,213 with Total Sold: 82
    • The Last 5 Year average price is £298,286 with Total Sold: 7
    • The most recent sale happened at this postcode is 23 BURMARSH CLOSE: £285,000 (Sold on 30 Jan 2023)
    • The first recorded sale happened at this postcode is 14 BURMARSH CLOSE: £45,750 (Sold on 24 Feb 1995)
  • Terraced
    • The average price is around £136,854 median price is £131,750 Standard Deviation is £72,426 with Total Sold: 48
    • The Last 5 Year average price is £247,857 with Total Sold: 7
    • The most recent sale happened at this postcode is 40 BURMARSH CLOSE: £278,000 (Sold on 20 Dec 2022)
    • The first recorded sale happened at this postcode is 29 BURMARSH CLOSE: £277,000 (Sold on 14 Jun 2024)
  • Detached
    • The average price is around £71,995 median price is £71,995 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 8 BURMARSH CLOSE: £71,995 (Sold on 15 Sep 1998)
    • The first recorded sale happened at this postcode is 8 BURMARSH CLOSE: £71,995 (Sold on 15 Sep 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 7LZ 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
2023£285,000 £5,182 1
2022£288,000 £4,677 2
2021£297,333 £4,839 3
2020£335,000 £3,526 1
2019£224,667 £3,960 3
2018£234,500 £4,385 2
2017£237,000 £3,762 1
2016£229,833 £3,471 6
2015£226,000 £2,747 4
2014£160,000 £2,717 1
2013£146,000 £2,292 3
2011£142,500 £2,386 2
2010£156,000 £2,293 2
2009£137,000 £1,980 2
2007£151,665 £2,698 3
2006£160,606 £2,111 7
2005£138,625 £2,351 4
2004£153,000 £2,371 4
2003£126,000 £1,597 2
2002£97,000 £1,264 4
2001£84,499 £1,282 4
2000£76,250 £974 6
1999£59,275 £1,078 2
1998£57,332 £974 3
1997£52,665 £652 3
1996£49,667 £633 3
1995£50,750 £837 4
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£270,000 £4,909 2
2021£232,667 £4,113 3
2020£220,000 £4,074 1
2019£225,000 £4,091 1
2018£209,000 £3,838 2
2017£203,625 £3,670 4
2016£199,250 £3,504 2
2014£155,250 £2,640 4
2007£134,0001
2006£131,000 £2,389 5
2005£101,000 £1,849 2
2004£134,995 £2,328 1
2003£114,667 £2,087 3
2002£88,000 £1,600 2
2000£68,165 £1,260 3
1999£56,000 £982 2
1998£49,332 £875 3
1997£42,000 £764 1
1996£40,000 £723 3
1995£42,250 £775 2
2024£277,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1998£71,9951

All the Sales in the BURMARSH CLOSE, ME5 7LZ

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

AddressSold DatePrice% Change
23 BURMARSH CLOSESemi-Detached, FreeholdArea: 55 Sq.mtrAge: 1983-199030 Jan 2023£285,00067.65%
02 Feb 2015£170,00023.19%
20 Oct 2006£138,000First Sale
40 BURMARSH CLOSETerraced, FreeholdArea: 55 Sq.mtrAge: 1983-199020 Dec 2022£278,00027.82%
06 Oct 2017£217,50045.00%
11 Jul 2014£150,000117.39%
30 Nov 2000£69,00046.81%
27 Feb 1998£47,00020.51%
30 Oct 1996£39,000-7.14%
31 Jul 1996£42,000First Sale
25 BURMARSH CLOSESemi-Detached, FreeholdArea: 63 Sq.mtrAge: 1983-199030 Jun 2022£310,00030.80%
26 Jan 2017£237,0000.85%
16 May 2016£235,00054.61%
29 Jan 2010£152,00012.59%
16 Feb 2005£135,00083.67%
07 Jan 2000£73,50026.72%
30 Oct 1998£58,000First Sale
31 BURMARSH CLOSETerraced, FreeholdArea: 55 Sq.mtrAge: 1983-199020 Apr 2022£262,00040.11%
20 Jan 2017£187,00039.03%
25 Aug 2006£134,50053.71%
28 Jun 2002£87,500First Sale
16 BURMARSH CLOSESemi-Detached, FreeholdArea: 60 Sq.mtrAge: 1983-199019 Jan 2022£266,00018.22%
26 Apr 2019£225,0002.27%
10 Jun 2016£220,00045.70%
20 Jul 2007£151,000First Sale
30 BURMARSH CLOSESemi-Detached, FreeholdArea: 68.15 Sq.mtrAge: 1991-199526 Aug 2021£380,000192.87%
24 Jul 2006£129,75017.95%
31 Oct 2003£110,000First Sale
18 BURMARSH CLOSETerraced, FreeholdArea: 59.72 Sq.mtrAge: 1983-199002 Aug 2021£245,00016.67%
28 Oct 2016£210,00055.56%
23 Aug 2004£134,995First Sale
36 BURMARSH CLOSETerraced, FreeholdArea: 55 Sq.mtrAge: 1983-199023 Jul 2021£233,00010.95%
05 May 2017£210,00048.94%
15 Jun 2006£141,00013.71%
04 Feb 2005£124,00040.11%
25 Jul 2002£88,50063.89%
04 May 1999£54,00028.57%
09 May 1995£42,000First Sale
24 BURMARSH CLOSESemi-Detached, FreeholdArea: 53 Sq.mtrAge: 1983-199021 Jun 2021£272,00011.02%
02 Nov 2018£245,00013.95%
31 Mar 2016£215,00045.27%
30 Jul 2013£148,0005.72%
07 Mar 2006£139,99551.35%
05 Jun 2002£92,50056.78%
26 Oct 1998£59,000First Sale
1 BURMARSH CLOSETerraced, FreeholdArea: 55 Sq.mtrAge: 1983-199026 Apr 2021£220,00042.86%
30 May 2014£154,0000.0
29 Jun 2007£154,000151.22%
22 Dec 1999£61,300First Sale
34 BURMARSH CLOSESemi-Detached, FreeholdArea: 63 Sq.mtrAge: 1983-199026 Feb 2021£240,000179.07%
11 May 2001£86,00062.26%
28 Apr 1995£53,000First Sale
33 BURMARSH CLOSETerraced, FreeholdArea: 54 Sq.mtrAge: 1983-199030 Nov 2020£220,0004.76%
16 Mar 2018£210,00011.41%
31 Mar 2016£188,50028.23%
12 Mar 2014£147,00088.46%
27 Sep 2005£78,00083.53%
20 Jan 1995£42,500First Sale
12 BURMARSH CLOSESemi-Detached, FreeholdArea: 95 Sq.mtrAge: 1983-199018 Aug 2020£335,00067.50%
26 Mar 2004£200,000339.56%
25 Sep 1996£45,500First Sale
28 BURMARSH CLOSESemi-Detached, FreeholdArea: 55 Sq.mtrAge: 1983-199011 Sep 2019£215,00023.56%
03 Mar 2015£174,00027.94%
10 Oct 2005£136,00071.07%
01 Aug 2001£79,50038.86%
05 Nov 1999£57,250First Sale
44 BURMARSH CLOSETerraced, FreeholdArea: 55 Sq.mtrAge: 1983-199006 Sep 2019£225,00087.50%
25 Jul 2003£120,000185.71%
04 Jul 1997£42,000First Sale
14 BURMARSH CLOSESemi-Detached, FreeholdArea: 55.44 Sq.mtrAge: 1991-199501 Feb 2019£234,00073.33%
12 Sep 2011£135,000195.08%
24 Feb 1995£45,750First Sale
38 BURMARSH CLOSETerraced, FreeholdArea: 54.92 Sq.mtrAge: 1983-199003 Sep 2018£208,00066.40%
27 Jan 2006£125,00011.61%
31 Oct 2003£112,0000.0
30 Sep 2003£112,00061.15%
29 Sep 2000£69,50039.01%
15 May 1998£49,995First Sale
15 BURMARSH CLOSESemi-Detached, FreeholdArea: 54 Sq.mtrAge: 1983-199008 Jun 2018£224,00049.34%
19 Mar 2007£149,99597.37%
27 Apr 2001£75,99538.19%
13 Jul 1998£54,995First Sale
29 BURMARSH CLOSETerraced, FreeholdArea: 57 Sq.mtrAge: 1996-200207 Feb 2017£200,00054.44%
29 Sep 2006£129,500-53.25%
14 Jun 2024£277,000First Sale
26 BURMARSH CLOSESemi-Detached, FreeholdArea: 55 Sq.mtrAge: 1983-199028 Oct 2016£179,000First Sale
17 BURMARSH CLOSESemi-Detached, FreeholdArea: 92 Sq.mtrAge: 1983-199028 Oct 2016£290,000First Sale
27 BURMARSH CLOSESemi-Detached, FreeholdArea: 80.9 Sq.mtrAge: 1976-198210 May 2016£240,00065.52%
01 Feb 2013£145,000-3.33%
14 Dec 2009£150,00056.25%
03 May 2002£96,00011.63%
03 Jan 2002£86,000First Sale
19 BURMARSH CLOSESemi-Detached, FreeholdArea: 117.64 Sq.mtrAge: 1976-198202 Nov 2015£285,000195.34%
10 Aug 2001£96,500First Sale
21 BURMARSH CLOSESemi-Detached, FreeholdArea: 119 Sq.mtrAge: 1983-199011 Sep 2015£275,00023.04%
29 Mar 2006£223,500200.00%
01 Dec 2000£74,50055.21%
31 Jan 1997£48,000First Sale
22 BURMARSH CLOSESemi-Detached, FreeholdArea: 58.88 Sq.mtrAge: 1976-198209 May 2014£160,00029.03%
26 Jun 2009£124,000-13.59%
17 Feb 2005£143,500170.75%
30 Sep 1997£53,000First Sale
2 BURMARSH CLOSETerraced, FreeholdArea: 73.6 Sq.mtrAge: 1983-199024 Jan 2014£170,0006.25%
01 Jul 2010£160,000-1.84%
21 Apr 2006£163,000181.03%
28 Mar 1996£58,000First Sale
32 BURMARSH CLOSESemi-Detached, Freehold17 Jul 2013£145,0008.21%
29 Jan 2004£134,00087.41%
11 Feb 2000£71,500First Sale
4 BURMARSH CLOSESemi-Detached, FreeholdArea: 64.16 Sq.mtrAge: 1983-199025 Mar 2011£150,000-9.09%
18 Dec 2006£165,00016.20%
30 Sep 2003£142,000First Sale
35 BURMARSH CLOSETerraced, Freehold02 Feb 2007£134,000162.75%
07 Jan 1998£51,000First Sale
42 BURMARSH CLOSETerraced, Freehold19 Dec 2006£125,00089.41%
30 Jun 2000£65,99569.22%
04 Oct 1996£39,000First Sale
6 BURMARSH CLOSESemi-Detached, Freehold24 Aug 2006£165,00045.37%
24 Apr 2002£113,50023.37%
12 May 2000£92,00059.31%
30 Jun 1995£57,750First Sale
9 BURMARSH CLOSESemi-Detached, Freehold04 Mar 2005£140,000145.64%
30 Sep 1997£56,995First Sale
11 BURMARSH CLOSESemi-Detached, FreeholdArea: 55 Sq.mtrAge: 1983-199020 Aug 2004£145,00095.95%
13 Oct 2000£74,000First Sale
7 BURMARSH CLOSESemi-Detached, Freehold30 Jan 2004£133,000192.31%
09 Aug 1996£45,500First Sale
5 BURMARSH CLOSESemi-Detached, Freehold17 Nov 2000£72,00054.84%
31 Oct 1995£46,500First Sale
3 BURMARSH CLOSETerraced, Freehold25 Oct 1999£58,000First Sale
8 BURMARSH CLOSEDetached, Freehold15 Sep 1998£71,995First Sale

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

BURMARSH CLOSE, ME5 7LZ Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £128,801 median price is £124,995 Standard Deviation is £69,571 with Total Sold: 1,877
    • The Last 5 Year average price is £247,788 with Total Sold: 195
    • The most recent sale happened at this postcode is , 17 SHACKLETON CLOSE: £264,000 (Sold on 11 Sep 2024)
    • The first recorded sale happened at this postcode is , 33 BURMARSH CLOSE: £42,500 (Sold on 20 Jan 1995)
  • Semi-Detached
    • The average price is around £147,502 median price is £133,000 Standard Deviation is £88,614 with Total Sold: 1,045
    • The Last 5 Year average price is £312,213 with Total Sold: 104
    • The most recent sale happened at this postcode is , 17 MONARCH CLOSE: £320,000 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is , 4 WEY CLOSE: £49,000 (Sold on 20 Jan 1995)
  • Detached
    • The average price is around £220,285 median price is £213,000 Standard Deviation is £112,995 with Total Sold: 811
    • The Last 5 Year average price is £419,612 with Total Sold: 85
    • The most recent sale happened at this postcode is , 19 RYEGRASS CLOSE: £645,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 57 ROMNEY ROAD: £59,995 (Sold on 20 Jan 1995)
  • Other
    • The average price is around £883,464 median price is £302,000 Standard Deviation is £1,641,272 with Total Sold: 11
    • The Last 5 Year average price is £1,688,400 with Total Sold: 5
    • The most recent sale happened at this postcode is , PETROL FILLING STATION PRINCES AVENUE: £5,900,000 (Sold on 24 Apr 2024)
    • The first recorded sale happened at this postcode is , 368 LORDS WOOD LANE: £183,000 (Sold on 23 Sep 2016)
  • Flat
    • The average price is around £95,020 median price is £80,000 Standard Deviation is £49,496 with Total Sold: 136
    • The Last 5 Year average price is £142,571 with Total Sold: 21
    • The most recent sale happened at this postcode is , 35 SCOTBY AVENUE: £225,000 (Sold on 30 Nov 2023)
    • The first recorded sale happened at this postcode is , 16 WETHERAL DRIVE: £32,000 (Sold on 12 May 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£269,714 £3,698 14
2023£272,342 £4,230 37
2022£257,511 £4,213 46
2021£230,318 £3,586 55
2020£231,465 £3,575 43
2019£213,297 £3,451 48
2018£211,629 £3,457 41
2017£215,333 £3,290 57
2016£197,974 £3,212 68
2015£179,782 £2,860 54
2014£152,408 £2,530 66
2013£132,490 £2,189 49
2012£137,569 £2,009 42
2011£130,259 £2,096 29
2010£133,330 £2,020 28
2009£120,578 £2,087 22
2008£138,714 £2,294 42
2007£146,223 £2,422 95
2006£141,164 £2,146 103
2005£130,558 £2,116 76
2004£121,579 £2,127 95
2003£113,448 £1,872 100
2002£89,634 £1,510 93
2001£71,973 £1,202 93
2000£61,742 £1,070 100
1999£53,042 £889 101
1998£50,347 £817 94
1997£45,962 £782 87
1996£42,776 £698 48
1995£42,534 £707 51
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£307,688 £4,785 8
2023£302,972 £4,757 18
2022£321,586 £4,632 29
2021£318,484 £3,929 31
2020£297,567 £3,806 18
2019£265,947 £3,710 19
2018£260,581 £3,933 27
2017£256,452 £3,575 21
2016£246,065 £3,246 31
2015£219,750 £2,864 22
2014£190,298 £2,687 23
2013£160,729 £2,494 24
2012£162,542 £2,095 12
2011£159,682 £2,257 11
2010£167,000 £2,296 17
2009£154,224 £2,261 20
2008£173,083 £2,279 18
2007£169,085 £2,588 46
2006£164,415 £2,184 58
2005£148,901 £2,243 41
2004£151,316 £2,114 49
2003£132,401 £2,013 55
2002£108,269 £1,576 59
2001£91,104 £1,284 69
2000£81,318 £1,160 56
1999£66,970 £1,025 52
1998£59,901 £904 54
1997£59,645 £816 58
1996£52,680 £694 59
1995£53,111 £799 40
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£416,333 £6,250 9
2023£417,594 £4,221 16
2022£429,500 £4,514 14
2021£426,917 £3,767 30
2020£401,125 £3,849 16
2019£363,750 £3,499 22
2018£354,771 £3,636 24
2017£347,211 £3,474 19
2016£317,438 £3,285 24
2015£271,652 £2,884 23
2014£245,976 £2,631 21
2013£238,763 £2,219 19
2012£244,023 £2,300 22
2011£226,100 £2,279 15
2010£245,103 £2,240 17
2009£222,045 £2,076 11
2008£219,225 £2,067 12
2007£245,355 £2,376 38
2006£236,110 £2,215 55
2005£215,812 £2,011 31
2004£208,066 £2,215 41
2003£195,497 £2,133 26
2002£171,555 £1,742 44
2001£137,208 £1,407 42
2000£135,128 £1,232 35
1999£111,045 £1,118 48
1998£97,346 £1,008 39
1997£90,570 £861 32
1996£92,097 £830 36
1995£76,906 £856 30
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£5,900,0001
2022£782,333 £9,618 3
2021£195,0001
2019£3,6001
2017£223,167 £1,877 3
2016£301,500 £4,136 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£188,000 £3,291 5
2022£138,167 £2,463 9
2021£127,500 £2,418 3
2020£107,000 £2,466 4
2019£96,250 £2,083 4
2018£165,000 £2,509 7
2017£191,071 £2,789 7
2016£118,000 £2,504 4
2015£70,650 £1,556 5
2014£79,438 £1,754 4
2013£80,000 £1,509 1
2012£91,833 £1,701 6
2011£71,167 £1,453 3
2010£65,000 £1,477 1
2009£82,150 £1,681 5
2008£94,107 £1,867 7
2007£93,250 £1,890 4
2006£77,000 £1,381 4
2005£86,333 £1,855 3
2004£91,625 £1,665 4
2003£74,356 £1,533 13
2002£65,845 £1,420 10
2001£49,870 £1,037 9
2000£57,333 £1,190 3
1999£29,292 £849 6
1998£60,000 £1,154 1
1997£42,000 £808 1
1996£40,0001
1995£29,500 £515 2

House Type in ME5 7LZ area

The most common house types in the ME5 7LZ postcode area are Semi-detached (93), Terraced (24), and Detached (20).

Total137
Semi-detached93
Terraced24
Detached20
Flat0
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 with a mortgage or loan (83), and Owned: Owns outright (40).

Owned: Owns with a mortgage or loan83
Owned: Owns outright40
Private rented: Private landlord or letting agency12
Shared ownership: Shared ownership1
Private rented: Other private rented1
Does not apply0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the ME5 7LZ have 2 people in household (49), and 3 people in household (29).

2 people in household49
3 people in household29
4 people in household28
1 person in household23
5 people in household7
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0