Housing Market Analysis for CHEVENING CLOSE, ME5 7PZ

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

Overview of Sold House prices

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

Terraced
- The average price is around £118,879 median price is £100,000 Standard Deviation is £71,630 with Total Sold: 27
- The Last 5 Year average price is £233,250 with Total Sold: 4
- The most recent sale happened at this postcode is 35 CHEVENING CLOSE: £240,000 (Sold on 31 Jan 2024)
- The first recorded sale happened at this postcode is 16 CHEVENING CLOSE: £60,000 (Sold on 16 Jun 1995)
Detached
- The average price is around £206,862 median price is £182,000 Standard Deviation is £96,723 with Total Sold: 13
- The Last 5 Year average price is £334,500 with Total Sold: 4
- The most recent sale happened at this postcode is 24 CHEVENING CLOSE: £395,000 (Sold on 28 Sep 2023)
- The first recorded sale happened at this postcode is 4 CHEVENING CLOSE: £67,500 (Sold on 17 Aug 1995)
Semi-Detached
- The average price is around £119,786 median price is £93,000 Standard Deviation is £71,582 with Total Sold: 21
- The Last 5 Year average price is £282,500 with Total Sold: 2
- The most recent sale happened at this postcode is 6 CHEVENING CLOSE: £305,000 (Sold on 01 Apr 2022)
- The first recorded sale happened at this postcode is 15 CHEVENING CLOSE: £51,000 (Sold on 03 Mar 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 7PZ 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	£240,000		1
2023	£255,000	£4,397	1
2022	£243,000	£4,500	1
2020	£195,000	£3,545	1
2015	£280,000	£2,333	1
2014	£135,000	£2,516	4
2013	£114,750	£1,910	2
2007	£170,000	£1,771	1
2003	£144,000	£1,500	1
2002	£118,250	£1,439	2
2001	£69,872	£1,363	2
2000	£66,995	£1,280	2
1999	£72,500	£755	1
1998	£40,000	£851	1
1997	£43,000	£745	2
1996	£55,000	£573	1
1995	£49,833	£773	3

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£377,500	£4,548	2
2019	£291,500	£3,168	2
2007	£205,000		1
2006	£197,000	£2,249	2
2002	£148,833	£1,687	3
2001	£147,000	£1,598	1
1999	£91,200	£1,099	1
1995	£67,500		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£305,000	£4,621	1
2020	£260,000	£3,939	1
2015	£220,000	£3,333	1
2014	£165,000	£2,463	1
2010	£165,000		1
2006	£155,000		1
2004	£138,500		1
2003	£140,250	£2,083	2
2002	£120,000		1
2001	£91,000	£1,343	3
1998	£60,500		2
1996	£51,250	£765	4
1995	£53,750	£856	2

All the Sales in the CHEVENING CLOSE, ME5 7PZ

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

Address	Sold Date	Price	% Change
35 CHEVENING CLOSETerraced, Freehold	31 Jan 2024	£240,000	23.08%
	11 Dec 2020	£195,000	179.57%
	28 Nov 2001	£69,750	First Sale
24 CHEVENING CLOSEDetached, FreeholdArea: 83 Sq.mtrAge: 1983-1990	28 Sep 2023	£395,000	333.11%
	29 Jun 1999	£91,200	First Sale
11 CHEVENING CLOSETerraced, FreeholdArea: 58 Sq.mtrAge: 1983-1990	05 May 2023	£255,000	51.79%
	12 Sep 2014	£168,000	68.00%
	23 May 2014	£100,000	First Sale
5 CHEVENING CLOSEDetached, FreeholdArea: 83 Sq.mtrAge: 1983-1990	03 Feb 2023	£360,000	97.80%
	07 Apr 2006	£182,000	30.00%
	26 Apr 2002	£140,000	First Sale
9 CHEVENING CLOSETerraced, FreeholdArea: 54 Sq.mtrAge: 1983-1990	06 Jul 2022	£243,000	94.40%
	07 May 2014	£125,000	First Sale
6 CHEVENING CLOSESemi-Detached, FreeholdArea: 66 Sq.mtrAge: 1976-1982	01 Apr 2022	£305,000	17.31%
	09 Jul 2020	£260,000	18.18%
	18 Aug 2015	£220,000	60.00%
	04 Dec 2003	£137,500	143.36%
	26 Sep 1995	£56,500	First Sale
22 CHEVENING CLOSEDetached, FreeholdArea: 92 Sq.mtrAge: 1983-1990	04 Oct 2019	£315,000	17.54%
	12 Jun 2019	£268,000	26.42%
	11 Aug 2006	£212,000	44.22%
	31 Aug 2001	£147,000	First Sale
16 CHEVENING CLOSETerraced, FreeholdArea: 120 Sq.mtrAge: 1983-1990	16 Mar 2015	£280,000	366.67%
	16 Jun 1995	£60,000	First Sale
28 CHEVENING CLOSETerraced, FreeholdArea: 47 Sq.mtrAge: 1983-1990	01 Aug 2014	£147,000	267.50%
	29 May 1998	£40,000	14.29%
	07 Mar 1997	£35,000	First Sale
33 CHEVENING CLOSESemi-Detached, FreeholdArea: 67 Sq.mtrAge: 1983-1990	10 Jan 2014	£165,000	83.33%
	28 Sep 2001	£90,000	73.08%
	30 Aug 1996	£52,000	First Sale
20 CHEVENING CLOSETerraced, FreeholdArea: 69 Sq.mtrAge: 1991-1995	18 Sep 2013	£149,000	37.33%
	02 Oct 2002	£108,500	First Sale
8 CHEVENING CLOSETerraced, FreeholdArea: 48.5 Sq.mtrAge: 1983-1990	08 May 2013	£80,500	25.79%
	26 May 2000	£63,995	42.21%
	30 Nov 1995	£45,000	First Sale
25 CHEVENING CLOSESemi-Detached, Freehold	22 Oct 2010	£165,000	83.33%
	08 Jun 2001	£90,000	46.34%
	17 Sep 1998	£61,500	28.12%
	29 Mar 1996	£48,000	First Sale
13 CHEVENING CLOSETerraced, FreeholdArea: 96 Sq.mtrAge: 1983-1990	15 Aug 2007	£170,000	18.06%
	19 Dec 2003	£144,000	98.62%
	30 Nov 1999	£72,500	31.82%
	07 Aug 1996	£55,000	First Sale
31 CHEVENING CLOSEDetached, Freehold	18 Apr 2007	£205,000	First Sale
2 CHEVENING CLOSESemi-Detached, Freehold	28 Apr 2006	£155,000	8.39%
2 CHEVENING CLOSESemi-Detached, Freehold	31 Oct 2003	£143,000	First Sale
7 CHEVENING CLOSESemi-Detached, Freehold	30 Jan 2004	£138,500	48.92%
	11 Sep 2001	£93,000	56.30%
	29 May 1998	£59,500	First Sale
21 CHEVENING CLOSETerraced, FreeholdArea: 101.74 Sq.mtrAge: 1983-1990	27 Sep 2002	£128,000	First Sale
4 CHEVENING CLOSEDetached, Freehold	30 Aug 2002	£160,000	137.04%
4 CHEVENING CLOSEDetached, Freehold	17 Aug 1995	£67,500	First Sale
15 CHEVENING CLOSESemi-Detached, Freehold	25 Jul 2002	£120,000	135.29%
15 CHEVENING CLOSESemi-Detached, Freehold	03 Mar 1995	£51,000	First Sale
23 CHEVENING CLOSEDetached, Freehold	21 Jun 2002	£146,500	First Sale
27 CHEVENING CLOSETerraced, FreeholdArea: 48 Sq.mtrAge: 1983-1990	18 May 2001	£69,995	First Sale
30 CHEVENING CLOSETerraced, FreeholdArea: 56.4 Sq.mtrAge: 1991-1995	26 Apr 2000	£69,995	First Sale
29 CHEVENING CLOSETerraced, Freehold	07 Nov 1997	£51,000	First Sale
32 CHEVENING CLOSESemi-Detached, FreeholdArea: 69 Sq.mtrAge: 1976-1982	04 Nov 1996	£52,000	First Sale
17 CHEVENING CLOSESemi-Detached, Freehold	24 May 1996	£53,000	First Sale
10 CHEVENING CLOSETerraced, FreeholdArea: 53 Sq.mtrAge: 1983-1990	20 Jul 1995	£44,500	First Sale

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

CHEVENING CLOSE, ME5 7PZ Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £162,099 median price is £150,000 Standard Deviation is £91,104 with Total Sold: 1,195
- The Last 5 Year average price is £308,559 with Total Sold: 179
- The most recent sale happened at this postcode is , 9 EARL CLOSE: £330,000 (Sold on 18 Sep 2024)
- The first recorded sale happened at this postcode is , 63 HIGHGROVE ROAD: £60,000 (Sold on 17 Feb 1995)
Detached
- The average price is around £217,636 median price is £212,500 Standard Deviation is £106,324 with Total Sold: 769
- The Last 5 Year average price is £373,993 with Total Sold: 115
- The most recent sale happened at this postcode is , 380 LORDS WOOD LANE: £410,000 (Sold on 05 Aug 2024)
- The first recorded sale happened at this postcode is , 48 GATCOMBE CLOSE: £72,000 (Sold on 20 Jan 1995)
Terraced
- The average price is around £137,391 median price is £132,000 Standard Deviation is £72,301 with Total Sold: 1,482
- The Last 5 Year average price is £244,204 with Total Sold: 219
- The most recent sale happened at this postcode is , 10 WINCHELSEA ROAD: £282,500 (Sold on 29 Jul 2024)
- The first recorded sale happened at this postcode is , 127 PRINCES AVENUE: £38,000 (Sold on 06 Jan 1995)
Other
- The average price is around £781,645 median price is £275,000 Standard Deviation is £1,628,379 with Total Sold: 11
- The Last 5 Year average price is £1,106,514 with Total Sold: 7
- 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 £106,219 median price is £91,500 Standard Deviation is £57,818 with Total Sold: 90
- The Last 5 Year average price is £153,889 with Total Sold: 18
- 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£336,200	£4,267	15
2023	£317,741	£4,208	27
2022	£334,419	£4,251	37
2021	£314,988	£3,747	40
2020	£286,500	£3,582	31
2019	£267,431	£3,570	29
2018	£273,938	£3,701	32
2017	£265,214	£3,396	28
2016	£243,746	£3,176	39
2015	£224,662	£2,760	34
2014	£185,119	£2,571	26
2013	£167,310	£2,280	29
2012	£158,571	£1,916	14
2011	£159,533	£2,343	15
2010	£173,579	£2,161	19
2009	£161,174	£2,045	20
2008	£185,000	£2,211	25
2007	£176,927	£2,434	54
2006	£170,302	£2,169	64
2005	£157,096	£2,161	47
2004	£153,340	£2,052	50
2003	£144,997	£1,932	56
2002	£113,769	£1,494	64
2001	£100,659	£1,285	64
2000	£86,088	£1,066	60
1999	£72,959	£950	62
1998	£65,026	£853	54
1997	£60,054	£806	60
1996	£57,090	£673	58
1995	£53,643	£742	42

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£410,900	£3,740	10
2023	£390,088	£4,261	17
2022	£417,094	£4,346	16
2021	£367,344	£3,509	24
2020	£349,591	£3,442	22
2019	£349,538	£3,398	26
2018	£353,342	£3,395	19
2017	£340,000	£3,342	17
2016	£313,003	£3,146	35
2015	£277,852	£2,821	27
2014	£245,386	£2,288	22
2013	£236,000	£2,061	19
2012	£216,472	£2,176	18
2011	£196,889	£2,250	18
2010	£229,019	£2,226	13
2009	£220,346	£2,042	13
2008	£212,017	£2,178	12
2007	£236,905	£2,482	37
2006	£233,546	£2,197	45
2005	£213,684	£1,993	31
2004	£207,264	£2,107	35
2003	£203,997	£1,952	23
2002	£170,480	£1,880	28
2001	£138,337	£1,334	43
2000	£123,360	£1,200	34
1999	£104,084	£1,044	41
1998	£90,514	£955	35
1997	£91,700	£883	31
1996	£84,582	£801	29
1995	£75,888	£833	29

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£246,545	£4,386	11
2023	£271,044	£4,135	42
2022	£267,214	£4,170	42
2021	£238,571	£3,614	51
2020	£219,479	£3,406	36
2019	£218,743	£3,339	37
2018	£222,729	£3,430	36
2017	£222,463	£3,258	46
2016	£202,695	£3,127	59
2015	£182,118	£2,715	49
2014	£156,425	£2,485	50
2013	£136,432	£2,152	37
2012	£140,900	£2,028	33
2011	£137,909	£2,099	22
2010	£141,340	£2,158	24
2009	£140,417	£2,201	18
2008	£148,887	£2,330	40
2007	£150,085	£2,375	76
2006	£147,004	£2,187	74
2005	£133,530	£2,036	62
2004	£126,421	£1,996	76
2003	£113,487	£1,820	70
2002	£97,942	£1,523	61
2001	£76,550	£1,192	80
2000	£65,561	£1,062	72
1999	£55,034	£878	76
1998	£51,222	£813	56
1997	£47,292	£769	70
1996	£42,892	£711	28
1995	£43,200	£663	48

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£5,900,000		1
2022	£330,667	£4,507	3
2021	£195,000		1
2020	£655,000	£9,924	1
2019	£3,600		1
2017	£223,167	£1,877	3
2016	£183,000	£5,545	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£188,000	£3,291	5
2022	£151,083	£2,675	6
2021	£160,167	£3,582	3
2020	£126,500	£3,509	2
2019	£95,000	£2,310	2
2018	£195,000	£2,779	5
2017	£191,071	£2,789	7
2016	£131,000	£2,945	2
2015	£68,000		1
2014	£75,000		1
2013	£92,000	£2,181	1
2012	£114,667	£2,015	3
2009	£104,000	£1,891	1
2008	£108,250	£1,961	4
2007	£99,333	£1,890	3
2006	£85,000	£1,995	4
2005	£86,333	£1,855	3
2004	£105,500	£1,983	3
2003	£78,784	£1,695	11
2002	£65,000	£1,478	5
2001	£44,416	£922	8
2000	£59,500	£1,183	2
1999	£24,938		4
1998	£33,000	£767	1
1996	£28,000	£651	1
1995	£29,500	£515	2

House Type in ME5 7PZ area

The most common house types in the ME5 7PZ postcode area are Terraced (111), Semi-detached (38), and Detached (27).

Total	180
Terraced	111
Semi-detached	38
Detached	27
Flat	3
Shared house	1
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 (91), and Owned: Owns outright (38).

Owned: Owns with a mortgage or loan	91
Owned: Owns outright	38
Private rented: Private landlord or letting agency	33
Social rented: Other social rented	8
Shared ownership: Shared ownership	5
Private rented: Other private rented	3
Social rented: Rents from council or Local Authority	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the ME5 7PZ have 2 people in household (57), and 1 person in household (51).

2 people in household	57
1 person in household	51
4 people in household	34
3 people in household	29
5 people in household	7
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0