Housing Market Analysis for SPITFIRE CLOSE, ME5 7QW

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £130,576 median price is £130,000 Standard Deviation is £69,707 with Total Sold: 26
    • The Last 5 Year average price is £250,750 with Total Sold: 4
    • The most recent sale happened at this postcode is 1 SPITFIRE CLOSE: £285,000 (Sold on 19 May 2023)
    • The first recorded sale happened at this postcode is 31 SPITFIRE CLOSE: £32,000 (Sold on 09 Aug 1996)
  • Semi-Detached
    • The average price is around £116,000 median price is £134,000 Standard Deviation is £38,789 with Total Sold: 4
    • The most recent sale happened at this postcode is 28 SPITFIRE CLOSE: £146,500 (Sold on 18 May 2007)
    • The first recorded sale happened at this postcode is 30 SPITFIRE CLOSE: £49,500 (Sold on 03 Jul 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 7QW 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
2023£285,000 £3,239 1
2022£250,000 £2,688 1
2021£240,000 £2,667 1
2020£228,000 £2,426 1
2017£208,750 £2,077 2
2013£130,000 £1,398 1
2011£137,000 £1,526 2
2010£130,000 £1,450 1
2007£144,998 £1,640 2
2006£132,000 £1,200 1
2005£125,749 £1,461 4
2002£88,750 £903 2
2000£52,832 £563 3
1999£50,000 £568 1
1998£48,750 £621 2
1996£32,000 £340 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£146,500 £1,646 1
2006£137,000 £1,473 1
2005£131,000 £1,394 1
1998£49,5001

All the Sales in the SPITFIRE CLOSE, ME5 7QW

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

AddressSold DatePrice% Change
1 SPITFIRE CLOSETerraced, FreeholdArea: 88 Sq.mtrAge: 1976-198219 May 2023£285,000114.29%
25 Oct 2005£133,00056.47%
08 May 2002£85,00070.00%
06 Aug 1999£50,000First Sale
22 SPITFIRE CLOSETerraced, FreeholdArea: 93 Sq.mtrAge: 1950-196629 Jul 2022£250,00092.31%
04 Oct 2013£130,000First Sale
17 SPITFIRE CLOSETerraced, FreeholdArea: 90 Sq.mtrAge: 1967-197527 Apr 2021£240,00088.98%
01 Apr 2005£126,995First Sale
31 SPITFIRE CLOSETerraced, FreeholdArea: 94 Sq.mtrAge: 1967-197517 Apr 2020£228,000612.50%
09 Aug 1996£32,000First Sale
7 SPITFIRE CLOSETerraced, FreeholdArea: 110 Sq.mtrAge: 1967-197522 Sep 2017£240,00081.82%
10 Aug 2006£132,00042.70%
09 Aug 2002£92,500First Sale
18 SPITFIRE CLOSETerraced, FreeholdArea: 90 Sq.mtrAge: 1967-197525 Jan 2017£177,50025.89%
03 Aug 2007£141,000116.94%
29 Sep 2000£64,995First Sale
33 SPITFIRE CLOSETerraced, FreeholdArea: 89.92 Sq.mtrAge: 1950-196605 Aug 2011£144,000-3.35%
21 May 2007£148,995175.92%
30 Nov 1998£54,000First Sale
10 SPITFIRE CLOSETerraced, FreeholdArea: 89.64 Sq.mtrAge: 1967-197517 Mar 2011£130,0000.0
17 Dec 2010£130,000-0.76%
18 Feb 2005£131,000First Sale
28 SPITFIRE CLOSESemi-Detached, FreeholdArea: 89 Sq.mtrAge: 1950-196618 May 2007£146,500First Sale
6 SPITFIRE CLOSESemi-Detached, FreeholdArea: 93 Sq.mtrAge: 1950-196612 Jan 2006£137,000First Sale
14 SPITFIRE CLOSETerraced, Freehold02 Sep 2005£123,0002.50%
22 Jul 2005£120,000108.70%
31 Mar 2000£57,500First Sale
21 SPITFIRE CLOSETerraced, FreeholdArea: 89 Sq.mtrAge: 1976-198231 Mar 2000£36,000First Sale
30 SPITFIRE CLOSESemi-Detached, Freehold03 Jul 1998£49,500First Sale
20 SPITFIRE CLOSETerraced, Freehold14 May 1998£43,500First Sale

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

SPITFIRE CLOSE, ME5 7QW Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £122,925 median price is £120,000 Standard Deviation is £66,108 with Total Sold: 2,105
    • The Last 5 Year average price is £235,187 with Total Sold: 261
    • 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 £137,380 median price is £125,000 Standard Deviation is £81,601 with Total Sold: 1,135
    • The Last 5 Year average price is £283,031 with Total Sold: 120
    • 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 £231,718 median price is £217,000 Standard Deviation is £125,910 with Total Sold: 549
    • The Last 5 Year average price is £438,916 with Total Sold: 77
    • 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 £1,137,825 median price is £361,000 Standard Deviation is £1,859,231 with Total Sold: 8
    • The Last 5 Year average price is £1,606,120 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 , 268A LORDS WOOD LANE: £420,000 (Sold on 16 Nov 2016)
  • Flat
    • The average price is around £77,400 median price is £71,000 Standard Deviation is £33,540 with Total Sold: 100
    • The Last 5 Year average price is £108,719 with Total Sold: 16
    • The most recent sale happened at this postcode is FLAT 4, APPOLLO HOUSE ILLUSTRIOUS CLOSE: £120,000 (Sold on 10 Feb 2023)
    • 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£257,700 £3,011 15
2023£257,867 £4,375 29
2022£259,389 £4,352 54
2021£227,074 £3,779 68
2020£228,433 £3,623 45
2019£206,255 £3,502 50
2018£206,618 £3,509 49
2017£209,112 £3,390 76
2016£191,580 £3,366 54
2015£164,108 £2,877 65
2014£146,825 £2,577 69
2013£128,654 £2,314 60
2012£130,848 £2,054 42
2011£126,524 £2,167 31
2010£120,760 £2,186 24
2009£121,215 £2,203 29
2008£136,400 £2,240 40
2007£141,620 £2,427 128
2006£131,486 £2,327 102
2005£125,576 £2,200 79
2004£117,834 £2,079 111
2003£110,531 £1,954 113
2002£85,642 £1,535 102
2001£69,123 £1,188 119
2000£60,288 £1,073 125
1999£50,577 £882 126
1998£49,046 £830 100
1997£44,424 £797 77
1996£40,505 £732 62
1995£40,520 £716 61
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£290,300 £4,785 5
2023£299,000 £4,788 16
2022£298,560 £4,845 25
2021£289,375 £3,976 32
2020£277,057 £3,855 21
2019£246,952 £3,521 21
2018£244,135 £3,787 31
2017£242,674 £3,640 23
2016£234,581 £3,304 32
2015£199,629 £2,857 27
2014£181,250 £2,678 25
2013£160,333 £2,500 24
2012£153,921 £2,215 19
2011£150,500 £2,329 15
2010£153,633 £2,332 15
2009£148,318 £2,252 22
2008£173,978 £2,284 23
2007£163,942 £2,547 44
2006£158,617 £2,260 61
2005£139,159 £2,240 47
2004£145,899 £2,072 55
2003£124,495 £2,035 53
2002£102,747 £1,558 75
2001£86,647 £1,299 69
2000£77,614 £1,173 66
1999£61,857 £977 60
1998£57,348 £881 59
1997£55,029 £792 72
1996£49,958 £681 52
1995£49,380 £782 46
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£424,875 £6,250 8
2023£444,500 £4,072 9
2022£464,833 £4,453 12
2021£459,600 £3,837 20
2020£427,214 £3,748 14
2019£403,286 £3,399 14
2018£374,962 £3,499 13
2017£357,312 £3,500 16
2016£332,469 £3,420 16
2015£271,000 £3,018 13
2014£233,882 £2,679 17
2013£235,821 £2,276 14
2012£251,100 £2,318 15
2011£252,444 £2,327 9
2010£275,364 £2,305 11
2009£238,600 £1,871 5
2008£223,670 £1,944 10
2007£252,201 £2,424 28
2006£243,925 £2,128 38
2005£210,804 £1,806 19
2004£210,019 £2,227 25
2003£208,131 £1,928 19
2002£184,692 £1,696 26
2001£134,639 £1,365 27
2000£141,396 £1,227 24
1999£121,865 £1,106 34
1998£103,272 £1,023 22
1997£92,960 £905 25
1996£96,346 £767 26
1995£79,585 £849 20
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£5,900,0001
2022£966,000 £11,697 2
2021£195,0001
2019£3,6001
2017£326,000 £3,655 2
2016£420,000 £2,727 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£120,000 £3,750 1
2022£105,250 £2,110 4
2021£97,750 £2,045 2
2020£107,000 £2,466 4
2019£115,000 £2,442 5
2018£90,000 £1,832 2
2017£202,500 £3,682 1
2016£127,550 £2,645 5
2015£70,650 £1,556 5
2014£79,438 £1,754 4
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£82,150 £1,681 5
2008£78,188 £1,583 4
2007£82,6673
2006£72,000 £1,389 3
2005£72,0002
2004£88,833 £1,723 3
2003£64,811 £1,321 8
2002£66,161 £1,478 9
2001£47,508 £1,085 10
2000£54,500 £1,111 2
1999£29,292 £849 6
1998£60,000 £1,154 1
1997£42,000 £808 1
1996£40,0001

House Type in ME5 7QW area

The most common house types in the ME5 7QW postcode area are Terraced (50), Flat (35), and Semi-detached (18).

Total106
Terraced50
Flat35
Semi-detached18
Detached2
temporary structure1
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (37), and Owned: Owns outright (36).

Social rented: Other social rented37
Owned: Owns outright36
Owned: Owns with a mortgage or loan13
Shared ownership: Shared ownership9
Private rented: Private landlord or letting agency6
Social rented: Rents from council or Local Authority4
Private rented: Other private rented2
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the ME5 7QW have 1 person in household (60), and 2 people in household (30).

1 person in household60
2 people in household30
3 people in household9
4 people in household3
6 people in household3
5 people in household1
0 people in household0
7 people in household0
8 or more people in household0