Housing Market Analysis for MANCHESTER CLOSE, ME5 7QU

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £193,999 median price is £205,000 Standard Deviation is £75,460 with Total Sold: 5
    • The Last 5 Year average price is £272,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 1 MANCHESTER CLOSE: £280,000 (Sold on 16 Sep 2022)
    • The first recorded sale happened at this postcode is 3 MANCHESTER CLOSE: £265,000 (Sold on 09 Aug 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 7QU 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£280,000 £3,182 1
2016£205,000 £2,253 1
2012£140,000 £1,538 1
2001£79,995 £909 1
2024£265,0001

All the Sales in the MANCHESTER CLOSE, ME5 7QU

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

AddressSold DatePrice% Change
1 MANCHESTER CLOSETerraced, FreeholdArea: 88 Sq.mtrAge: 1976-198216 Sep 2022£280,000250.02%
01 Jun 2001£79,995First Sale
3 MANCHESTER CLOSETerraced, FreeholdArea: 91 Sq.mtrAge: 1967-197517 Mar 2016£205,00046.43%
09 Nov 2012£140,000-47.17%
09 Aug 2024£265,000First Sale

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

MANCHESTER CLOSE, ME5 7QU Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £132,790 median price is £127,000 Standard Deviation is £71,185 with Total Sold: 1,071
    • The Last 5 Year average price is £250,490 with Total Sold: 150
    • 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)
  • Detached
    • The average price is around £246,307 median price is £230,000 Standard Deviation is £132,246 with Total Sold: 370
    • The Last 5 Year average price is £463,575 with Total Sold: 53
    • 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)
  • Other
    • The average price is around £1,431,433 median price is £430,000 Standard Deviation is £2,064,822 with Total Sold: 6
    • The Last 5 Year average price is £1,932,150 with Total Sold: 4
    • 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)
  • Semi-Detached
    • The average price is around £136,329 median price is £125,000 Standard Deviation is £81,222 with Total Sold: 451
    • The Last 5 Year average price is £286,441 with Total Sold: 39
    • The most recent sale happened at this postcode is , 41 SETFORD ROAD: £286,000 (Sold on 08 Feb 2024)
    • The first recorded sale happened at this postcode is , 8 CHRISTIE CLOSE: £37,015 (Sold on 27 Jan 1995)
  • Flat
    • The average price is around £75,078 median price is £71,250 Standard Deviation is £22,550 with Total Sold: 70
    • The Last 5 Year average price is £101,889 with Total Sold: 9
    • The most recent sale happened at this postcode is , 49 DOVE CLOSE: £112,000 (Sold on 06 Jul 2022)
    • The first recorded sale happened at this postcode is , 44 DOVE CLOSE: £40,000 (Sold on 10 May 1996)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£278,875 £3,011 8
2023£283,578 £3,934 16
2022£268,742 £3,827 33
2021£242,611 £3,727 36
2020£244,423 £3,344 26
2019£220,895 £3,365 31
2018£218,117 £3,289 24
2017£216,815 £3,151 46
2016£196,627 £3,135 30
2015£176,438 £2,551 24
2014£155,782 £2,393 36
2013£137,096 £2,177 39
2012£138,879 £1,899 19
2011£132,824 £2,019 17
2010£126,694 £1,814 9
2009£126,215 £2,081 15
2008£144,286 £2,004 21
2007£150,771 £2,204 57
2006£135,493 £2,033 58
2005£128,012 £2,024 41
2004£122,196 £1,984 57
2003£116,715 £1,900 44
2002£88,050 £1,447 58
2001£75,657 £1,190 55
2000£63,641 £1,031 63
1999£53,747 £839 53
1998£52,744 £809 59
1997£49,242 £795 31
1996£44,479 £679 33
1995£42,304 £679 32
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£454,400 £6,250 5
2023£472,500 £4,249 7
2022£488,571 £4,804 7
2021£470,469 £3,959 16
2020£472,722 £3,760 9
2019£420,889 £3,447 9
2018£383,292 £3,550 12
2017£371,692 £3,522 13
2016£348,000 £3,409 8
2015£285,389 £3,043 9
2014£233,000 £2,918 10
2013£241,750 £2,266 10
2012£269,682 £2,323 11
2011£268,143 £2,258 7
2010£279,400 £2,303 10
2009£252,000 £1,540 3
2008£263,600 £2,539 5
2007£272,124 £2,458 20
2006£252,173 £2,165 24
2005£216,100 £1,850 10
2004£218,999 £2,353 17
2003£212,550 £2,048 10
2002£185,619 £1,670 21
2001£140,180 £1,447 18
2000£160,954 £1,169 11
1999£128,090 £1,128 27
1998£117,142 £1,034 14
1997£99,688 £921 16
1996£102,944 £800 18
1995£82,977 £896 13
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£5,900,0001
2022£1,630,000 £18,953 1
2021£195,0001
2019£3,6001
2017£440,0001
2016£420,000 £2,727 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£286,000 £4,767 1
2023£282,833 £4,331 6
2022£291,333 £4,428 6
2021£294,400 £4,037 10
2020£297,578 £3,714 9
2019£259,714 £3,552 7
2018£247,292 £3,486 12
2017£244,250 £3,727 8
2016£239,933 £3,294 15
2015£208,808 £2,765 13
2014£211,152 £2,797 5
2013£165,500 £2,409 6
2012£162,833 £2,455 3
2011£167,167 £2,174 6
2010£152,285 £2,336 7
2009£158,111 £2,056 9
2008£228,856 £2,386 7
2007£163,341 £2,532 19
2006£156,025 £2,115 29
2005£141,765 £2,140 17
2004£145,480 £1,978 26
2003£120,505 £1,892 19
2002£109,171 £1,459 29
2001£94,218 £1,295 32
2000£78,082 £1,074 33
1999£59,812 £970 16
1998£59,076 £865 26
1997£58,218 £728 34
1996£52,005 £643 20
1995£50,796 £717 21
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£112,333 £2,110 3
2021£90,000 £2,045 1
2020£87,500 £1,944 2
2019£105,000 £2,083 3
2018£90,000 £1,832 2
2017£120,000 £2,069 1
2016£105,000 £2,283 2
2015£71,312 £1,556 4
2014£80,917 £1,754 3
2013£80,000 £1,509 1
2012£69,000 £1,388 3
2011£85,875 £1,517 4
2010£65,000 £1,477 1
2009£76,688 £1,611 4
2008£75,250 £1,583 3
2007£88,500 £1,700 2
2006£75,000 £1,389 1
2005£105,000 £1,750 1
2004£78,667 £1,512 3
2003£67,198 £1,325 5
2002£62,967 £1,266 9
2001£55,150 £1,096 5
2000£53,000 £1,205 1
1999£35,333 £738 3
1998£60,000 £1,154 1
1997£42,000 £808 1
1996£40,0001

House Type in ME5 7QU area

The most common house types in the ME5 7QU postcode area are Terraced (84), Semi-detached (22), and Flat (9).

Total124
Terraced84
Semi-detached22
Flat9
Detached8
temporary structure1
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (47), and Owned: Owns outright (31).

Owned: Owns with a mortgage or loan47
Owned: Owns outright31
Social rented: Other social rented28
Social rented: Rents from council or Local Authority9
Private rented: Private landlord or letting agency7
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the ME5 7QU have 2 people in household (34), and 1 person in household (29).

2 people in household34
1 person in household29
4 people in household24
3 people in household23
5 people in household13
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0