Housing Market Analysis for RESOLUTION CLOSE, ME5 7RJ

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £121,312 median price is £114,000 Standard Deviation is £63,302 with Total Sold: 84
    • The Last 5 Year average price is £218,167 with Total Sold: 12
    • The most recent sale happened at this postcode is 1 RESOLUTION CLOSE: £188,500 (Sold on 06 Jan 2023)
    • The first recorded sale happened at this postcode is 22 RESOLUTION CLOSE: £242,000 (Sold on 09 Jul 2024)
  • Semi-Detached
    • The average price is around £107,847 median price is £84,000 Standard Deviation is £70,089 with Total Sold: 20
    • The Last 5 Year average price is £298,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 6 RESOLUTION CLOSE: £298,000 (Sold on 13 Apr 2021)
    • The first recorded sale happened at this postcode is 50 RESOLUTION CLOSE: £56,000 (Sold on 19 Jun 1995)
  • Flat
    • The average price is around £121,500 median price is £114,000 Standard Deviation is £50,239 with Total Sold: 5
    • The Last 5 Year average price is £193,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 32 RESOLUTION CLOSE: £193,000 (Sold on 04 Sep 2020)
    • The first recorded sale happened at this postcode is 32 RESOLUTION CLOSE: £56,000 (Sold on 09 Jun 2000)
  • Detached
    • The average price is around £184,077 median price is £139,000 Standard Deviation is £107,948 with Total Sold: 13
    • The Last 5 Year average price is £375,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 48 RESOLUTION CLOSE: £375,000 (Sold on 16 Oct 2019)
    • The first recorded sale happened at this postcode is 48 RESOLUTION CLOSE: £64,000 (Sold on 10 Feb 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 7RJ 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£188,500 £4,189 1
2022£237,500 £3,908 4
2021£202,400 £3,921 5
2019£225,5001
2018£186,000 £3,532 3
2017£201,000 £3,260 3
2016£179,071 £3,273 7
2015£137,000 £3,122 1
2014£150,000 £2,578 3
2013£98,750 £2,173 2
2012£120,000 £2,244 1
2011£105,000 £1,941 1
2010£85,000 £1,886 1
2009£119,333 £2,117 3
2007£125,833 £2,478 6
2006£118,500 £2,316 2
2005£122,333 £1,949 3
2004£106,321 £2,077 7
2003£104,833 £1,848 3
2002£88,5001
2001£63,249 £1,179 4
2000£55,998 £1,068 3
1999£50,500 £919 6
1998£41,248 £745 2
1997£42,900 £783 5
1996£32,000 £657 3
1995£41,000 £735 2
2024£242,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£298,000 £4,143 1
2013£175,000 £2,365 1
2008£124,500 £2,707 1
2007£158,000 £2,222 3
2006£240,0001
2003£90,000 £1,957 1
2002£99,995 £1,351 1
2001£52,000 £1,182 1
2000£58,817 £1,059 3
1999£57,498 £778 2
1998£68,7502
1997£59,250 £663 2
1995£56,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£193,000 £3,509 1
2016£162,000 £2,945 1
2004£114,000 £2,073 1
2002£82,500 £1,500 1
2000£56,000 £1,018 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£375,000 £3,000 1
2017£327,500 £3,020 2
2016£260,000 £3,250 1
2014£125,000 £1,562 1
2013£250,000 £1,838 1
2004£177,0001
2001£122,0002
2000£139,000 £1,363 1
1998£35,000 £761 1
1997£66,500 £512 2

All the Sales in the RESOLUTION CLOSE, ME5 7RJ

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

AddressSold DatePrice% Change
1 RESOLUTION CLOSETerraced, FreeholdArea: 45 Sq.mtrAge: 1983-199006 Jan 2023£188,5001.89%
10 Nov 2022£185,00080.49%
12 Oct 2004£102,500266.07%
15 Mar 1996£28,000First Sale
39 RESOLUTION CLOSETerraced, FreeholdArea: 72 Sq.mtrAge: 1983-199012 Apr 2022£275,000First Sale
38 RESOLUTION CLOSETerraced, FreeholdArea: 57 Sq.mtrAge: 1983-199003 Mar 2022£245,00055.06%
14 Nov 2014£158,00011.66%
23 Jul 2007£141,500105.09%
24 Aug 2001£68,99546.80%
21 Apr 1997£47,000First Sale
40 RESOLUTION CLOSETerraced, FreeholdArea: 72 Sq.mtrAge: 1983-199005 Jan 2022£245,000First Sale
23 RESOLUTION CLOSETerraced, FreeholdArea: 53.48 Sq.mtrAge: 1983-199021 Dec 2021£236,00015.12%
23 Sep 2016£205,00070.83%
26 Jan 2012£120,000116.22%
16 Dec 1999£55,500First Sale
33 RESOLUTION CLOSETerraced, FreeholdArea: 45.06 Sq.mtrAge: 1967-197510 Dec 2021£193,50033.45%
06 Apr 2018£145,00070.59%
14 Jan 2010£85,00088.89%
17 Nov 2000£45,000First Sale
21 RESOLUTION CLOSETerraced, FreeholdArea: 56.89 Sq.mtrAge: 1983-199004 Aug 2021£197,00018.67%
01 Nov 2016£166,00058.10%
18 Feb 2005£105,000159.26%
23 Feb 1998£40,500First Sale
37 RESOLUTION CLOSETerraced, FreeholdArea: 58 Sq.mtrAge: 1983-199023 Jul 2021£210,00013.51%
26 May 2016£185,00063.72%
22 Dec 2009£113,000123.76%
10 Dec 1999£50,500First Sale
6 RESOLUTION CLOSESemi-Detached, FreeholdArea: 71.92 Sq.mtrAge: 1983-199013 Apr 2021£298,00062.84%
30 Nov 2007£183,000First Sale
34 RESOLUTION CLOSETerraced, FreeholdArea: 46 Sq.mtrAge: 1983-199009 Apr 2021£175,50027.64%
22 Apr 2016£137,50010.89%
26 Jul 2007£124,0009.73%
20 Oct 2006£113,00018.95%
10 Sep 2004£95,000216.67%
23 Dec 1997£30,000First Sale
32 RESOLUTION CLOSEFlat, FreeholdArea: 55 Sq.mtrAge: 1983-199004 Sep 2020£193,00019.14%
21 Dec 2016£162,00042.11%
30 Jul 2004£114,00038.18%
30 Aug 2002£82,50047.32%
09 Jun 2000£56,000First Sale
48 RESOLUTION CLOSEDetached, FreeholdArea: 125 Sq.mtrAge: 1983-199016 Oct 2019£375,000485.94%
10 Feb 1997£64,000First Sale
18 RESOLUTION CLOSETerraced, Freehold04 Jan 2019£225,50039.20%
19 Dec 2014£162,00011.72%
19 Dec 2005£145,00063.84%
27 Feb 2002£88,500First Sale
35 RESOLUTION CLOSETerraced, FreeholdArea: 57 Sq.mtrAge: 1983-199001 Aug 2018£205,00014.53%
06 Jan 2017£179,00033.58%
27 Jul 2007£134,00019.64%
29 Jun 2004£112,00077.78%
14 Jul 2000£63,000First Sale
28 RESOLUTION CLOSETerraced, FreeholdArea: 55 Sq.mtrAge: 1983-199024 May 2018£208,00080.87%
25 Nov 2009£115,00010.58%
26 Mar 2004£104,000160.00%
21 Jun 1996£40,000First Sale
12 RESOLUTION CLOSEDetached, FreeholdArea: 115 Sq.mtrAge: 1983-199017 Nov 2017£345,000First Sale
46 RESOLUTION CLOSEDetached, FreeholdArea: 102 Sq.mtrAge: 1983-199025 Oct 2017£310,000123.02%
02 Aug 2000£139,000First Sale
27 RESOLUTION CLOSETerraced, FreeholdArea: 54.54 Sq.mtrAge: 1976-198209 Oct 2017£179,00037.69%
24 Oct 2014£130,0000.78%
09 Feb 2007£129,00011.45%
26 Nov 2004£115,75092.93%
23 Oct 2000£59,99549.99%
02 Feb 1995£40,000First Sale
19 RESOLUTION CLOSETerraced, FreeholdArea: 73 Sq.mtrAge: 1983-199015 Sep 2017£245,000First Sale
36 RESOLUTION CLOSETerraced, FreeholdArea: 57 Sq.mtrAge: 1983-199021 Oct 2016£193,00055.65%
13 Jul 2006£124,00025.89%
31 Jan 2003£98,50080.73%
29 Jul 1999£54,50012.37%
25 Jul 1997£48,500First Sale
29 RESOLUTION CLOSETerraced, FreeholdArea: 55 Sq.mtrAge: 1983-199026 Sep 2016£170,000First Sale
24 RESOLUTION CLOSETerraced, FreeholdArea: 56.2 Sq.mtrAge: 1983-199010 Jun 2016£197,00051.54%
27 Oct 2009£130,00023.81%
12 Sep 2003£105,000First Sale
49 RESOLUTION CLOSEDetached, FreeholdArea: 80 Sq.mtrAge: 1983-199031 May 2016£260,000108.00%
10 Jan 2014£125,000First Sale
4 RESOLUTION CLOSETerraced, FreeholdArea: 43.88 Sq.mtr14 Dec 2015£137,00045.74%
22 Oct 2004£94,00084.31%
09 Mar 2001£51,00041.67%
20 Aug 1999£36,000First Sale
16 RESOLUTION CLOSESemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1976-198211 Sep 2013£175,0000.0
23 May 2007£175,00075.01%
26 Apr 2002£99,99524.99%
07 Jan 2000£80,000First Sale
3 RESOLUTION CLOSETerraced, FreeholdArea: 46 Sq.mtrAge: 1967-197528 Jun 2013£95,000-23.69%
25 Jan 2008£124,50038.33%
04 Jul 2003£90,00085.76%
25 Aug 2000£48,4500.94%
30 Jun 2000£48,00057.38%
01 May 1997£30,500First Sale
52 RESOLUTION CLOSETerraced, FreeholdArea: 44.94 Sq.mtrAge: 1983-199015 Mar 2013£102,500-15.64%
18 Jun 2007£121,500247.14%
25 Jun 1998£35,000First Sale
11 RESOLUTION CLOSEDetached, FreeholdArea: 136 Sq.mtrAge: 1991-199522 Feb 2013£250,000First Sale
30 RESOLUTION CLOSETerraced, FreeholdArea: 54.1 Sq.mtrAge: 1976-198221 Mar 2011£105,000First Sale
53 RESOLUTION CLOSESemi-Detached, Leasehold10 Dec 2007£116,000First Sale
54 RESOLUTION CLOSETerraced, FreeholdArea: 45 Sq.mtrAge: 1983-199011 Apr 2007£105,000275.00%
10 May 1996£28,000First Sale
45 RESOLUTION CLOSESemi-Detached, Freehold31 Mar 2006£240,000172.73%
17 Mar 1997£88,000First Sale
20 RESOLUTION CLOSETerraced, FreeholdArea: 57 Sq.mtrAge: 1983-199024 Jun 2005£117,000First Sale
47 RESOLUTION CLOSEDetached, Freehold29 Jun 2004£177,00042.74%
18 May 2001£124,000First Sale
26 RESOLUTION CLOSETerraced, Freehold24 May 2004£121,00075.36%
11 Apr 2001£69,00026.61%
30 Jul 1999£54,500First Sale
22 RESOLUTION CLOSETerraced, FreeholdArea: 57 Sq.mtrAge: 1983-199008 Aug 2003£111,000164.29%
29 Jun 1995£42,000-82.64%
09 Jul 2024£242,000First Sale
2 RESOLUTION CLOSESemi-Detached, FreeholdArea: 44 Sq.mtrAge: 1991-199507 Sep 2001£52,000First Sale
42 RESOLUTION CLOSETerraced, FreeholdArea: 55 Sq.mtrAge: 1983-199006 Jul 2001£64,00052.38%
11 Jul 1997£42,000First Sale
7 RESOLUTION CLOSEDetached, Freehold30 Jun 2001£120,00073.91%
25 Apr 1997£69,000First Sale
50 RESOLUTION CLOSESemi-Detached, Freehold16 Dec 1999£79,99542.85%
19 Jun 1995£56,000First Sale
25 RESOLUTION CLOSETerraced, FreeholdArea: 57 Sq.mtrAge: 1983-199029 Apr 1999£52,00010.64%
27 Jun 1997£47,000First Sale
55 RESOLUTION CLOSESemi-Detached, FreeholdArea: 45 Sq.mtrAge: 1983-199029 Jan 1999£35,000First Sale
51 RESOLUTION CLOSESemi-Detached, Freehold23 Jul 1998£72,500First Sale
41 RESOLUTION CLOSETerraced, FreeholdArea: 54 Sq.mtrAge: 1983-199026 Jun 1998£41,995First Sale
5 RESOLUTION CLOSESemi-Detached, Freehold19 Jun 1998£65,000First Sale

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

RESOLUTION CLOSE, ME5 7RJ Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £143,696 median price is £128,000 Standard Deviation is £87,753 with Total Sold: 1,125
    • The Last 5 Year average price is £298,853 with Total Sold: 139
    • 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)
  • Terraced
    • The average price is around £125,469 median price is £122,000 Standard Deviation is £67,061 with Total Sold: 2,329
    • The Last 5 Year average price is £234,718 with Total Sold: 295
    • The most recent sale happened at this postcode is , 53 HERITAGE ROAD: £320,000 (Sold on 15 Aug 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 £209,359 median price is £209,000 Standard Deviation is £104,501 with Total Sold: 635
    • The Last 5 Year average price is £380,967 with Total Sold: 76
    • The most recent sale happened at this postcode is , 53 HIGHGROVE ROAD: £487,000 (Sold on 31 Jul 2024)
    • The first recorded sale happened at this postcode is , 48 GATCOMBE CLOSE: £72,000 (Sold on 20 Jan 1995)
  • Flat
    • The average price is around £94,796 median price is £80,000 Standard Deviation is £52,201 with Total Sold: 154
    • The Last 5 Year average price is £138,019 with Total Sold: 26
    • 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 £808,508 median price is £257,000 Standard Deviation is £1,590,654 with Total Sold: 12
    • The Last 5 Year average price is £1,208,943 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 , 268A LORDS WOOD LANE: £420,000 (Sold on 16 Nov 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£329,285 £3,943 11
2023£301,950 £4,344 20
2022£320,516 £4,479 31
2021£308,265 £3,782 34
2020£277,386 £3,728 22
2019£255,238 £3,515 21
2018£246,156 £3,638 32
2017£248,907 £3,546 27
2016£235,574 £3,251 34
2015£213,341 £2,815 22
2014£176,895 £2,606 19
2013£159,591 £2,303 22
2012£151,192 £1,914 13
2011£160,100 £2,360 15
2010£159,737 £2,203 19
2009£141,666 £1,972 21
2008£153,633 £2,098 15
2007£163,645 £2,453 51
2006£159,825 £2,220 64
2005£143,140 £2,271 46
2004£142,795 £2,063 49
2003£124,739 £2,021 55
2002£105,519 £1,506 72
2001£86,308 £1,283 64
2000£78,698 £1,125 62
1999£67,063 £968 57
1998£58,899 £871 60
1997£56,976 £787 68
1996£51,535 £679 59
1995£49,368 £749 40
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£245,711 £3,839 19
2023£267,212 £4,371 36
2022£253,443 £4,448 61
2021£227,447 £3,839 76
2020£226,771 £3,601 48
2019£205,868 £3,586 55
2018£202,829 £3,691 51
2017£213,809 £3,453 76
2016£195,716 £3,335 68
2015£169,024 £2,907 73
2014£149,333 £2,631 75
2013£130,515 £2,359 65
2012£131,919 £2,146 51
2011£130,648 £2,212 44
2010£131,870 £2,275 32
2009£127,958 £2,190 36
2008£139,450 £2,320 50
2007£143,824 £2,505 123
2006£137,966 £2,334 127
2005£127,743 £2,217 86
2004£118,811 £2,152 119
2003£110,370 £1,942 123
2002£88,343 £1,559 119
2001£68,620 £1,220 122
2000£60,748 £1,108 140
1999£52,210 £915 128
1998£49,499 £866 96
1997£46,039 £790 99
1996£41,242 £737 63
1995£42,400 £740 68
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£406,2867
2023£403,433 £4,449 15
2022£421,778 £4,468 9
2021£384,441 £3,777 17
2020£351,625 £3,482 12
2019£344,188 £3,517 16
2018£352,556 £3,597 18
2017£336,667 £3,450 15
2016£319,200 £3,297 28
2015£268,350 £2,729 20
2014£235,308 £2,515 13
2013£226,393 £2,188 14
2012£231,038 £2,224 13
2011£218,188 £2,290 16
2010£236,729 £2,369 12
2009£206,357 £1,983 7
2008£214,470 £2,066 10
2007£229,316 £2,415 30
2006£232,188 £2,244 42
2005£208,793 £2,018 28
2004£207,456 £2,101 29
2003£196,714 £2,179 23
2002£166,739 £1,778 27
2001£132,156 £1,349 32
2000£129,024 £1,232 31
1999£103,606 £1,092 37
1998£89,710 £998 31
1997£86,953 £886 28
1996£83,655 £829 25
1995£74,882 £842 30
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£310,0001
2023£191,667 £3,365 3
2022£134,500 £2,825 8
2021£97,750 £2,045 2
2020£107,000 £2,466 4
2019£125,500 £2,858 8
2018£159,909 £2,759 11
2017£196,250 £2,856 6
2016£127,450 £2,669 5
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£90,125 £1,923 4
2004£93,000 £2,094 6
2003£77,302 £1,614 12
2002£66,717 £1,485 9
2001£49,134 £1,048 10
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£3,6001
2017£204,875 £2,251 4
2016£420,000 £2,727 1

House Type in ME5 7RJ area

The most common house types in the ME5 7RJ postcode area are Terraced (57), Semi-detached (40), and Detached (39).

Total146
Terraced57
Semi-detached40
Detached39
Flat10
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 (74), and Private rented: Private landlord or letting agency (39).

Owned: Owns with a mortgage or loan74
Private rented: Private landlord or letting agency39
Owned: Owns outright30
Shared ownership: Shared ownership2
Does not apply0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the ME5 7RJ have 1 person in household (48), and 2 people in household (36).

1 person in household48
2 people in household36
3 people in household32
4 people in household21
5 people in household6
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0