Housing Market Analysis for MONARCH CLOSE, ME5 7PD

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £143,999 median price is £135,000 Standard Deviation is £79,151 with Total Sold: 32
    • The Last 5 Year average price is £277,000 with Total Sold: 5
    • The most recent sale happened at this postcode is 34 MONARCH CLOSE: £270,000 (Sold on 06 Jul 2023)
    • The first recorded sale happened at this postcode is 17 MONARCH CLOSE: £320,000 (Sold on 16 Aug 2024)
  • Terraced
    • The average price is around £108,944 median price is £108,000 Standard Deviation is £57,961 with Total Sold: 59
    • The Last 5 Year average price is £220,000 with Total Sold: 5
    • The most recent sale happened at this postcode is 42 MONARCH CLOSE: £286,500 (Sold on 29 Jun 2023)
    • The first recorded sale happened at this postcode is 29 MONARCH CLOSE: £195,000 (Sold on 12 Oct 2023)
  • Other
    • The average price is around £302,000 median price is £302,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £302,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 22 MONARCH CLOSE: £302,000 (Sold on 22 Aug 2022)
    • The first recorded sale happened at this postcode is 22 MONARCH CLOSE: £302,000 (Sold on 22 Aug 2022)
  • Detached
    • The average price is around £53,000 median price is £53,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 41 MONARCH CLOSE: £53,000 (Sold on 27 Nov 1998)
    • The first recorded sale happened at this postcode is 41 MONARCH CLOSE: £53,000 (Sold on 27 Nov 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 7PD 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£277,500 £4,865 2
2021£225,000 £3,976 1
2020£285,000 £4,014 1
2018£220,000 £3,888 1
2017£215,000 £3,738 1
2016£225,0001
2015£175,000 £2,465 1
2014£184,000 £2,565 2
2010£131,000 £2,277 1
2009£139,995 £2,474 1
2008£165,0001
2006£162,0001
2005£128,500 £2,232 2
2004£156,000 £2,197 1
2003£115,000 £2,029 1
2002£94,797 £1,429 5
2001£57,000 £1,188 1
1999£54,498 £933 2
1997£49,333 £788 3
1996£53,0002
2024£320,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£240,750 £4,589 2
2020£206,167 £3,516 3
2019£165,000 £3,367 1
2017£218,000 £3,761 1
2016£195,000 £3,421 1
2015£153,333 £2,671 3
2014£148,665 £2,552 3
2013£133,750 £2,161 2
2012£105,000 £2,169 1
2011£121,750 £2,143 1
2008£129,625 £2,578 4
2007£140,500 £2,465 2
2006£148,998 £2,292 2
2005£132,000 £1,800 2
2004£106,625 £1,890 4
2003£104,167 £1,872 3
2002£79,500 £1,531 2
2001£65,348 £1,206 3
2000£53,665 £969 3
1999£46,910 £921 6
1998£51,250 £819 2
1997£40,750 £737 4
1996£42,995 £729 1
1995£47,650 £755 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£302,000 £4,441 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1998£53,000 £930 1

All the Sales in the MONARCH CLOSE, ME5 7PD

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

AddressSold DatePrice% Change
34 MONARCH CLOSESemi-Detached, FreeholdArea: 57.52 Sq.mtrAge: 1983-199006 Jul 2023£270,00025.58%
07 Sep 2017£215,00064.12%
20 Dec 2010£131,0002.34%
28 Jan 2005£128,000241.61%
19 Mar 1999£37,470First Sale
42 MONARCH CLOSETerraced, FreeholdArea: 56 Sq.mtrAge: 1983-199029 Jun 2023£286,50024.57%
01 May 2020£230,000First Sale
35 MONARCH CLOSESemi-Detached, FreeholdArea: 56.59 Sq.mtrAge: 1983-199003 Apr 2023£285,00026.67%
12 Jul 2021£225,0002.27%
29 Mar 2018£220,00057.15%
26 Aug 2009£139,99568.68%
07 Jun 2002£82,995First Sale
22 MONARCH CLOSEOther, FreeholdArea: 68 Sq.mtrAge: 1983-199022 Aug 2022£302,000130.53%
15 Mar 2013£131,000First Sale
19 MONARCH CLOSETerraced, FreeholdArea: 72 Sq.mtrAge: 1983-199030 Nov 2020£228,00038.19%
15 Dec 2006£164,99522.67%
01 Jul 2003£134,500127.97%
13 May 1998£59,000First Sale
36 MONARCH CLOSETerraced, FreeholdArea: 49 Sq.mtrAge: 1983-199029 Sep 2020£160,500256.71%
15 Oct 1999£44,995First Sale
17 MONARCH CLOSESemi-Detached, FreeholdArea: 71 Sq.mtrAge: 1983-199008 Sep 2020£285,00082.69%
06 Aug 2004£156,000-51.25%
16 Aug 2024£320,000First Sale
28 MONARCH CLOSETerraced, FreeholdArea: 49 Sq.mtrAge: 1976-198227 Sep 2019£165,000161.93%
05 Oct 2001£62,99579.99%
29 Aug 1997£35,000First Sale
31 MONARCH CLOSETerraced, FreeholdArea: 57.96 Sq.mtrAge: 1976-198216 Jun 2017£218,000395.45%
21 Jul 1995£44,000First Sale
41 MONARCH CLOSETerraced, FreeholdArea: 57 Sq.mtrAge: 1983-199021 Dec 2016£195,00030.00%
04 Apr 2014£149,995183.01%
27 Nov 1998£53,000First Sale
14 MONARCH CLOSESemi-Detached, Freehold01 Jun 2016£225,00036.36%
27 Aug 2008£165,000First Sale
32 MONARCH CLOSETerraced, FreeholdArea: 55 Sq.mtrAge: 1983-199002 Oct 2015£140,000First Sale
1 MONARCH CLOSESemi-Detached, FreeholdArea: 71 Sq.mtrAge: 1983-199031 Jul 2015£175,00084.22%
20 Aug 2002£94,995First Sale
46 MONARCH CLOSETerraced, FreeholdArea: 59 Sq.mtrAge: 1983-199005 Jun 2015£165,000283.77%
05 Jan 1996£42,9950.10%
07 Apr 1995£42,950First Sale
30 MONARCH CLOSETerraced, Freehold16 Jan 2015£155,00017.42%
21 Nov 2008£132,000-0.75%
19 Jul 2006£133,0006.40%
25 Jun 2004£125,000108.35%
16 Mar 2000£59,995First Sale
44 MONARCH CLOSETerraced, FreeholdArea: 47.42 Sq.mtrAge: 1976-198221 Nov 2014£128,0003.23%
30 May 2008£124,00039.33%
04 Apr 2003£89,00074.51%
02 Jun 2000£51,00030.77%
13 Dec 1999£39,000First Sale
47 MONARCH CLOSETerraced, FreeholdArea: 72.24 Sq.mtrAge: 1983-199010 Nov 2014£168,00029.23%
26 Oct 2005£130,00083.10%
29 May 2001£71,000First Sale
16 MONARCH CLOSESemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1983-199010 Nov 2014£195,000248.21%
06 Mar 1995£56,000First Sale
12 MONARCH CLOSESemi-Detached, FreeholdArea: 71.42 Sq.mtrAge: 1983-199016 Apr 2014£173,000166.15%
03 Jul 1997£65,000First Sale
11 MONARCH CLOSETerraced, FreeholdArea: 57 Sq.mtrAge: 1983-199023 Dec 2013£136,50079.61%
18 Jan 2002£76,000First Sale
45 MONARCH CLOSETerraced, FreeholdArea: 48.4 Sq.mtrAge: 1983-199006 Jan 2012£105,00014.75%
22 Mar 2004£91,500First Sale
27 MONARCH CLOSETerraced, FreeholdArea: 56.82 Sq.mtrAge: 1976-198217 Mar 2011£121,750106.36%
10 Dec 1999£59,00034.09%
03 Nov 1997£44,000First Sale
4 MONARCH CLOSETerraced, FreeholdArea: 57 Sq.mtrAge: 1983-199027 Jun 2008£140,0002.19%
02 Aug 2007£137,000First Sale
8 MONARCH CLOSETerraced, FreeholdArea: 46 Sq.mtrAge: 1983-199030 Apr 2008£122,50097.42%
07 Dec 2001£62,05041.02%
21 May 1999£44,000First Sale
20 MONARCH CLOSETerraced, FreeholdArea: 57 Sq.mtrAge: 1976-198214 Dec 2007£144,000242.86%
14 May 1997£42,000First Sale
26 MONARCH CLOSESemi-Detached, Freehold27 Jul 2006£162,000First Sale
2 MONARCH CLOSETerraced, Freehold22 Aug 2005£134,00024.07%
13 Jan 2004£108,000First Sale
38 MONARCH CLOSESemi-Detached, FreeholdArea: 57.6 Sq.mtrAge: 1983-199017 Jun 2005£129,000First Sale
40 MONARCH CLOSETerraced, Freehold26 Feb 2004£102,00014.61%
01 May 2003£89,000First Sale
25 MONARCH CLOSESemi-Detached, FreeholdArea: 56.68 Sq.mtrAge: 1983-199029 Aug 2003£115,000First Sale
5 MONARCH CLOSESemi-Detached, FreeholdArea: 58 Sq.mtrAge: 1983-199011 Nov 2002£97,00083.02%
30 Jul 1999£53,000First Sale
29 MONARCH CLOSETerraced, FreeholdArea: 48 Sq.mtrAge: 1983-199030 Oct 2002£83,000-57.44%
12 Oct 2023£195,000First Sale
18 MONARCH CLOSESemi-Detached, Freehold05 Jul 2002£139,000131.67%
31 May 1996£60,000First Sale
33 MONARCH CLOSESemi-Detached, FreeholdArea: 48 Sq.mtrAge: 1983-199017 Jan 2002£59,9955.25%
30 Mar 2001£57,00078.12%
27 Mar 1997£32,000First Sale
3 MONARCH CLOSETerraced, FreeholdArea: 58 Sq.mtrAge: 1983-199018 Feb 2000£50,00019.05%
08 Sep 1997£42,000First Sale
43 MONARCH CLOSETerraced, FreeholdArea: 50 Sq.mtrAge: 1983-199029 Oct 1999£56,995First Sale
37 MONARCH CLOSESemi-Detached, Freehold20 Aug 1999£55,99521.73%
14 Oct 1996£46,000First Sale
21 MONARCH CLOSETerraced, Freehold08 Apr 1998£43,500First Sale
6 MONARCH CLOSESemi-Detached, Freehold17 Jan 1997£51,000First Sale

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

MONARCH CLOSE, ME5 7PD Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £124,451 median price is £120,500 Standard Deviation is £66,528 with Total Sold: 2,430
    • The Last 5 Year average price is £240,789 with Total Sold: 251
    • 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 , 16 CLOVER BANK VIEW: £38,500 (Sold on 06 Jan 1995)
  • Semi-Detached
    • The average price is around £137,934 median price is £125,000 Standard Deviation is £81,377 with Total Sold: 1,166
    • The Last 5 Year average price is £289,162 with Total Sold: 109
    • The most recent sale happened at this postcode is , 50 SWALLOW RISE: £391,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 27 TOBRUK WAY: £39,500 (Sold on 20 Jan 1995)
  • Detached
    • The average price is around £209,589 median price is £202,250 Standard Deviation is £106,638 with Total Sold: 595
    • The Last 5 Year average price is £395,419 with Total Sold: 62
    • The most recent sale happened at this postcode is , 19 SWALLOW RISE: £450,000 (Sold on 31 Jul 2024)
    • The first recorded sale happened at this postcode is , 57 ROMNEY ROAD: £59,995 (Sold on 20 Jan 1995)
  • Flat
    • The average price is around £84,941 median price is £75,000 Standard Deviation is £42,961 with Total Sold: 145
    • The Last 5 Year average price is £129,250 with Total Sold: 14
    • 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)
  • Other
    • The average price is around £827,883 median price is £276,000 Standard Deviation is £1,582,296 with Total Sold: 12
    • The Last 5 Year average price is £1,409,833 with Total Sold: 6
    • 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 , 268A LORDS WOOD LANE: £420,000 (Sold on 16 Nov 2016)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£254,583 £3,839 18
2023£267,004 £4,422 36
2022£252,677 £4,346 62
2021£227,627 £3,863 79
2020£224,911 £3,629 56
2019£204,583 £3,573 57
2018£202,387 £3,569 55
2017£210,194 £3,447 85
2016£195,533 £3,293 71
2015£165,011 £2,877 69
2014£146,970 £2,585 84
2013£129,967 £2,372 68
2012£130,502 £2,103 52
2011£127,244 £2,237 39
2010£124,801 £2,211 31
2009£121,611 £2,222 36
2008£137,556 £2,315 45
2007£141,686 £2,464 134
2006£137,178 £2,278 135
2005£128,644 £2,222 96
2004£117,546 £2,102 121
2003£109,306 £1,935 131
2002£86,380 £1,556 121
2001£69,262 £1,198 128
2000£59,766 £1,079 152
1999£51,067 £889 137
1998£49,069 £846 103
1997£45,400 £789 94
1996£41,143 £734 65
1995£41,296 £724 70
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£315,266 £4,803 8
2023£302,618 £4,484 17
2022£296,635 £4,546 26
2021£285,629 £3,776 35
2020£267,065 £3,578 23
2019£248,500 £3,488 24
2018£239,359 £3,579 32
2017£239,212 £3,469 26
2016£236,635 £3,262 34
2015£204,111 £2,854 27
2014£170,568 £2,615 22
2013£162,550 £2,323 20
2012£155,250 £2,147 18
2011£152,625 £2,312 12
2010£159,941 £2,225 17
2009£141,630 £1,972 23
2008£157,630 £2,147 23
2007£160,933 £2,454 46
2006£157,309 £2,205 61
2005£140,529 £2,214 49
2004£140,240 £2,047 56
2003£123,510 £1,959 62
2002£103,991 £1,538 77
2001£85,586 £1,292 72
2000£75,703 £1,136 63
1999£64,591 £948 62
1998£57,770 £871 59
1997£55,123 £783 70
1996£51,112 £699 59
1995£47,894 £739 43
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£392,8336
2023£405,821 £4,428 14
2022£426,182 £4,451 11
2021£391,045 £3,953 22
2020£354,056 £3,524 9
2019£344,071 £3,475 14
2018£352,062 £3,584 16
2017£338,615 £3,524 13
2016£318,644 £3,200 25
2015£273,556 £2,858 18
2014£227,500 £2,662 12
2013£226,393 £2,246 14
2012£231,679 £2,277 14
2011£218,889 £2,301 9
2010£239,531 £2,431 8
2009£206,429 £1,951 7
2008£208,462 £1,869 8
2007£228,738 £2,383 30
2006£230,406 £2,172 37
2005£208,110 £2,031 29
2004£207,624 £2,156 26
2003£199,701 £2,218 22
2002£159,022 £1,759 20
2001£134,978 £1,362 34
2000£131,548 £1,264 31
1999£106,101 £1,107 39
1998£91,464 £1,020 28
1997£88,730 £879 25
1996£83,211 £828 26
1995£77,257 £838 28
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£310,0001
2023£120,000 £3,750 1
2022£126,000 £2,991 6
2021£97,750 £2,045 2
2020£107,000 £2,466 4
2019£128,778 £2,857 9
2018£130,667 £2,742 6
2017£156,250 £2,852 2
2016£122,464 £2,456 7
2015£87,375 £2,158 6
2014£90,417 £2,113 3
2013£80,000 £1,509 1
2012£83,000 £1,710 4
2011£85,875 £1,517 4
2010£75,500 £1,807 2
2009£82,150 £1,681 5
2008£91,464 £2,411 7
2007£87,750 £2,239 4
2006£86,283 £1,929 6
2005£81,833 £1,990 3
2004£93,000 £2,094 6
2003£77,302 £1,614 12
2002£66,717 £1,485 9
2001£47,007 £1,047 12
2000£46,975 £1,017 8
1999£30,344 £907 8
1998£39,417 £801 3
1997£42,000 £808 1
1996£40,0001
1995£29,000 £624 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£5,900,0001
2022£782,333 £9,618 3
2021£195,0001
2020£17,0001
2019£126,800 £2,688 2
2017£267,333 £3,328 3
2016£420,000 £2,727 1

House Type in ME5 7PD area

The most common house types in the ME5 7PD postcode area are Terraced (83), Semi-detached (30), and Detached (21).

Total134
Terraced83
Semi-detached30
Detached21
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 (51), and Owned: Owns outright (38).

Owned: Owns with a mortgage or loan51
Owned: Owns outright38
Private rented: Private landlord or letting agency36
Social rented: Other social rented6
Social rented: Rents from council or Local Authority1
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 7PD have 2 people in household (49), and 1 person in household (40).

2 people in household49
1 person in household40
3 people in household21
4 people in household19
5 people in household4
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0