Housing Market Analysis for SHERIDAN CLOSE, ME5 7NS

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

Overview of Sold House prices

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

Terraced
- The average price is around £131,036 median price is £129,750 Standard Deviation is £70,635 with Total Sold: 21
- The Last 5 Year average price is £243,333 with Total Sold: 3
- The most recent sale happened at this postcode is 26 SHERIDAN CLOSE: £232,000 (Sold on 21 Mar 2023)
- The first recorded sale happened at this postcode is 46 SHERIDAN CLOSE: £37,000 (Sold on 12 Nov 1996)
Semi-Detached
- The average price is around £135,970 median price is £139,995 Standard Deviation is £74,379 with Total Sold: 27
- The Last 5 Year average price is £278,167 with Total Sold: 3
- The most recent sale happened at this postcode is 34 SHERIDAN CLOSE: £330,000 (Sold on 13 Jan 2023)
- The first recorded sale happened at this postcode is 24B SHERIDAN CLOSE: £47,200 (Sold on 26 Jul 1996)
Detached
- The average price is around £164,665 median price is £135,000 Standard Deviation is £94,223 with Total Sold: 3
- The Last 5 Year average price is £292,000 with Total Sold: 1
- The most recent sale happened at this postcode is 18 SHERIDAN CLOSE: £135,000 (Sold on 16 Nov 2005)
- The first recorded sale happened at this postcode is 18 SHERIDAN CLOSE: £292,000 (Sold on 04 Jan 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 7NS 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
2023	£232,000	£3,013	1
2021	£248,000	£3,307	1
2020	£250,000	£2,777	1
2018	£250,000	£3,233	1
2017	£207,000	£2,654	1
2014	£160,000	£1,600	1
2011	£129,750	£1,678	1
2008	£160,000	£1,777	1
2007	£143,833		3
2003	£115,000	£1,533	1
2002	£92,500	£1,233	1
2000	£78,750		2
1999	£64,250	£725	2
1998	£51,000	£547	3
1996	£37,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£330,000	£4,286	1
2021	£262,500	£3,323	1
2019	£242,000	£3,151	1
2018	£231,000	£2,962	1
2016	£204,000	£2,684	1
2015	£175,000	£2,176	2
2014	£180,000	£2,093	1
2010	£150,000	£1,953	1
2007	£172,000	£1,773	1
2006	£138,748	£1,842	2
2005	£152,000	£1,767	1
2004	£148,748	£1,806	2
2003	£98,000	£1,273	1
2002	£110,000	£1,521	2
2000	£81,165	£964	3
1998	£37,000	£381	2
1997	£44,500	£676	2
1996	£49,100	£549	2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2005	£135,000	£1,731	1
2001	£66,995	£859	1
2024	£292,000		1

All the Sales in the SHERIDAN CLOSE, ME5 7NS

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

Address	Sold Date	Price	% Change
26 SHERIDAN CLOSETerraced, FreeholdArea: 77 Sq.mtrAge: 1976-1982	21 Mar 2023	£232,000	First Sale
34 SHERIDAN CLOSESemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1976-1982	13 Jan 2023	£330,000	First Sale
23 SHERIDAN CLOSETerraced, FreeholdArea: 75 Sq.mtrAge: 1967-1975	25 May 2021	£248,000	115.65%
	20 Oct 2003	£115,000	24.32%
	02 Aug 2002	£92,500	First Sale
6 SHERIDAN CLOSESemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1967-1975	05 Feb 2021	£262,500	76.18%
	06 Jul 2004	£148,995	First Sale
4 SHERIDAN CLOSETerraced, FreeholdArea: 90.04 Sq.mtrAge: 1976-1982	29 Sep 2020	£250,000	56.25%
	02 May 2008	£160,000	First Sale
16 SHERIDAN CLOSESemi-Detached, FreeholdArea: 76.8 Sq.mtrAge: 1967-1975	29 Oct 2019	£242,000	61.33%
	27 Aug 2010	£150,000	30.43%
	08 Nov 2002	£115,000	First Sale
41 SHERIDAN CLOSETerraced, FreeholdArea: 77.32 Sq.mtrAge: 1976-1982	30 Jul 2018	£250,000	92.68%
	16 Dec 2011	£129,750	First Sale
3 SHERIDAN CLOSESemi-Detached, FreeholdArea: 78 Sq.mtrAge: 1967-1975	25 Jul 2018	£231,000	First Sale
1 SHERIDAN CLOSETerraced, FreeholdArea: 78 Sq.mtrAge: 1967-1975	09 Jun 2017	£207,000	First Sale
11 SHERIDAN CLOSESemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1967-1975	16 Dec 2016	£204,000	First Sale
7 SHERIDAN CLOSESemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1967-1975	27 Nov 2015	£185,000	32.15%
	27 Oct 2006	£139,995	First Sale
24B SHERIDAN CLOSESemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1983-1990	18 Feb 2015	£165,000	11.11%
	28 May 2004	£148,500	214.62%
	26 Jul 1996	£47,200	First Sale
24 SHERIDAN CLOSETerraced, FreeholdArea: 100 Sq.mtrAge: 1967-1975	08 Aug 2014	£160,000	117.69%
	30 Apr 1999	£73,500	54.74%
	12 Aug 1998	£47,500	First Sale
32 SHERIDAN CLOSESemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1976-1982	25 Jul 2014	£180,000	18.42%
	18 Nov 2005	£152,000	First Sale
45 SHERIDAN CLOSETerraced, Freehold	27 Jul 2007	£155,000	105.30%
45 SHERIDAN CLOSETerraced, Freehold	17 Mar 2000	£75,500	First Sale
36 SHERIDAN CLOSETerraced, Freehold	07 May 2007	£137,500	First Sale
24A SHERIDAN CLOSESemi-Detached, FreeholdArea: 97 Sq.mtrAge: 1976-1982	27 Apr 2007	£172,000	83.96%
	28 Apr 2000	£93,500	146.05%
	29 Jul 1998	£38,000	5.56%
	27 May 1998	£36,000	First Sale
14 SHERIDAN CLOSETerraced, Freehold	16 Apr 2007	£139,000	First Sale
40 SHERIDAN CLOSESemi-Detached, Freehold	27 Apr 2006	£137,500	219.77%
40 SHERIDAN CLOSESemi-Detached, Freehold	10 Jan 1997	£43,000	First Sale
18 SHERIDAN CLOSEDetached, FreeholdArea: 78 Sq.mtrAge: 1967-1975	16 Nov 2005	£135,000	101.51%
	30 May 2001	£66,995	-77.06%
	04 Jan 2024	£292,000	First Sale
2 SHERIDAN CLOSESemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1930-1949	28 Nov 2003	£98,000	First Sale
5 SHERIDAN CLOSESemi-Detached, FreeholdArea: 68 Sq.mtrAge: 1967-1975	07 Aug 2002	£105,000	128.26%
	11 Jul 1997	£46,000	First Sale
27 SHERIDAN CLOSESemi-Detached, Freehold	25 Aug 2000	£77,995	First Sale
8 SHERIDAN CLOSESemi-Detached, Freehold	21 Jul 2000	£72,000	First Sale
29 SHERIDAN CLOSETerraced, Freehold	26 May 2000	£82,000	First Sale
48 SHERIDAN CLOSETerraced, FreeholdArea: 77 Sq.mtrAge: 1976-1982	15 Feb 1999	£55,000	First Sale
37 SHERIDAN CLOSETerraced, FreeholdArea: 76 Sq.mtrAge: 1950-1966	04 Dec 1998	£47,000	First Sale
28 SHERIDAN CLOSETerraced, Freehold	28 Sep 1998	£58,500	First Sale
46 SHERIDAN CLOSETerraced, Freehold	12 Nov 1996	£37,000	First Sale
25 SHERIDAN CLOSESemi-Detached, Freehold	09 Aug 1996	£51,000	First Sale

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

SHERIDAN CLOSE, ME5 7NS Near By properties

Interactive Map

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

Terraced
- The average price is around £132,616 median price is £125,000 Standard Deviation is £70,708 with Total Sold: 910
- The Last 5 Year average price is £242,648 with Total Sold: 142
- 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 , 30 SOMERSET CLOSE: £39,000 (Sold on 20 Jan 1995)
Detached
- The average price is around £255,603 median price is £231,750 Standard Deviation is £143,182 with Total Sold: 216
- The Last 5 Year average price is £496,000 with Total Sold: 32
- 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 , 43 BARLEYMOW CLOSE: £120,000 (Sold on 20 Jan 1995)
Semi-Detached
- The average price is around £145,176 median price is £135,000 Standard Deviation is £83,719 with Total Sold: 508
- The Last 5 Year average price is £284,617 with Total Sold: 63
- The most recent sale happened at this postcode is , 4 WALNUT CLOSE: £300,000 (Sold on 28 Feb 2024)
- The first recorded sale happened at this postcode is , 65 FALLOWFIELD: £59,000 (Sold on 24 Feb 1995)
Flat
- The average price is around £77,142 median price is £72,248 Standard Deviation is £35,896 with Total Sold: 42
- The Last 5 Year average price is £148,333 with Total Sold: 3
- The most recent sale happened at this postcode is , 11 SOMERSET CLOSE: £135,000 (Sold on 29 Jun 2023)
- The first recorded sale happened at this postcode is , 25 HAMPSHIRE CLOSE: £30,000 (Sold on 28 May 1999)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£262,667	£2,841	9
2023	£279,255	£3,537	15
2022	£259,592	£3,397	30
2021	£246,260	£3,079	25
2020	£223,222	£2,843	27
2019	£220,333	£2,905	36
2018	£224,915	£2,867	20
2017	£215,343	£2,718	35
2016	£198,811	£2,780	36
2015	£173,684	£2,207	19
2014	£159,736	£1,894	21
2013	£133,971	£1,811	34
2012	£129,894	£1,770	17
2011	£129,765	£1,596	16
2010	£122,214	£1,367	7
2009	£125,979	£1,775	13
2008	£145,055	£1,814	18
2007	£140,020	£1,832	49
2006	£131,296	£1,599	50
2005	£129,220	£1,669	34
2004	£120,933	£1,541	47
2003	£107,146	£1,341	44
2002	£86,676	£1,180	42
2001	£72,407	£875	52
2000	£61,397	£797	57
1999	£51,862	£657	42
1998	£49,468	£646	41
1997	£45,832	£618	25
1996	£42,023	£497	25
1995	£37,868	£539	24

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£515,667		3
2023	£612,500	£3,437	2
2022	£488,571	£4,804	7
2021	£497,250	£3,926	10
2020	£459,500	£3,233	6
2019	£487,625	£2,916	4
2018	£405,333	£3,509	6
2017	£403,500	£3,054	5
2016	£365,167	£3,480	6
2015	£296,750	£3,192	4
2014	£242,499	£2,990	5
2013	£235,357	£2,069	7
2012	£274,600	£2,056	5
2011	£275,750	£2,164	4
2010	£302,667	£2,217	6
2009	£252,000	£1,540	3
2008	£289,333	£1,898	3
2007	£283,273	£2,300	11
2006	£257,904	£2,140	14
2005	£209,874	£2,049	8
2004	£226,069	£2,612	7
2003	£223,199	£1,579	5
2002	£209,125	£1,560	12
2001	£133,326	£1,292	13
2000	£159,749	£1,243	8
1999	£133,144	£998	17
1998	£133,388	£1,028	9
1997	£101,500	£951	6
1996	£102,000	£712	14
1995	£101,500	£789	6

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£293,000	£4,128	2
2023	£337,444	£4,108	9
2022	£320,850	£4,166	10
2021	£272,980	£3,586	15
2020	£271,808	£3,653	12
2019	£249,533	£3,114	15
2018	£252,357	£2,863	14
2017	£245,733	£3,224	15
2016	£234,300	£2,954	12
2015	£200,259	£2,541	27
2014	£191,817	£2,367	15
2013	£153,333	£2,063	6
2012	£150,091	£2,072	11
2011	£155,200	£1,943	5
2010	£158,250	£1,965	4
2009	£158,332	£2,304	6
2008	£189,115	£2,064	13
2007	£162,700	£2,157	25
2006	£151,673	£1,955	23
2005	£134,850	£1,928	15
2004	£137,546	£1,864	21
2003	£127,143	£1,483	18
2002	£109,695	£1,449	38
2001	£86,064	£1,151	30
2000	£75,447	£982	34
1999	£59,049	£883	20
1998	£57,655	£749	27
1997	£51,346	£671	28
1996	£48,535	£586	20
1995	£49,875	£607	18

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£135,000	£2,935	1
2022	£190,000	£4,043	1
2021	£120,000	£2,609	1
2017	£117,500	£2,284	2
2016	£110,667	£2,387	3
2015	£80,000	£1,481	1
2014	£85,750	£1,924	2
2013	£71,000	£1,479	1
2011	£62,000	£1,292	1
2008	£125,000	£1,453	1
2007	£107,500	£2,052	2
2005	£105,000	£1,750	1
2004	£85,000	£1,554	4
2003	£65,498	£1,264	7
2002	£53,949	£1,028	5
2001	£22,750		1
2000	£42,199	£840	5
1999	£32,167	£614	3

House Type in ME5 7NS area

The most common house types in the ME5 7NS postcode area are Detached (46), Terraced (38), and Semi-detached (25).

Total	117
Detached	46
Terraced	38
Semi-detached	25
Flat	8
Shared house	0
converted building	0
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 (56), and Owned: Owns outright (32).

Owned: Owns with a mortgage or loan	56
Owned: Owns outright	32
Social rented: Other social rented	15
Private rented: Private landlord or letting agency	7
Social rented: Rents from council or Local Authority	5
Shared ownership: Shared ownership	4
Does not apply	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the ME5 7NS have 2 people in household (31), and 4 people in household (30).

2 people in household	31
4 people in household	30
3 people in household	27
5 people in household	14
1 person in household	12
6 people in household	1
7 people in household	1
8 or more people in household	1
0 people in household	0