Housing Market Analysis for ILLUSTRIOUS CLOSE, ME5 7RN

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

Overview of Sold House prices

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

Flat
- The average price is around £63,313 median price is £67,500 Standard Deviation is £25,665 with Total Sold: 29
- The Last 5 Year average price is £87,900 with Total Sold: 5
- 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 FLAT 10, APOLLO HOUSE ILLUSTRIOUS CLOSE: £24,750 (Sold on 17 May 1999)
Terraced
- The average price is around £54,000 median price is £54,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is FLAT 8, APOLLO HOUSE ILLUSTRIOUS CLOSE: £54,000 (Sold on 28 Jun 2002)
- The first recorded sale happened at this postcode is FLAT 8, APOLLO HOUSE ILLUSTRIOUS CLOSE: £54,000 (Sold on 28 Jun 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 7RN 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£120,000	£3,750	1
2022	£84,000		1
2021	£105,500		1
2020	£60,000		1
2019	£70,000		1
2016	£100,000		1
2015	£68,000		1
2014	£75,000		1
2008	£87,000		1
2007	£86,500		2
2006	£70,500		2
2005	£72,000		2
2003	£65,622		4
2002	£48,500		2
2001	£37,334		4
1999	£24,938		4

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2002	£54,000		1

All the Sales in the ILLUSTRIOUS CLOSE, ME5 7RN

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

Address	Sold Date	Price	% Change
FLAT 4, APPOLLO HOUSE ILLUSTRIOUS CLOSEFlat, LeaseholdArea: 32 Sq.mtrAge: 1983-1990	10 Feb 2023	£120,000	First Sale
FLAT 10, APOLLO HOUSE ILLUSTRIOUS CLOSEFlat, Leasehold	13 Jul 2022	£84,000	20.00%
	18 Apr 2019	£70,000	182.83%
	17 May 1999	£24,750	First Sale
FLAT 4, APOLLO HOUSE ILLUSTRIOUS CLOSEFlat, Leasehold	12 Mar 2021	£105,500	31.88%
	23 Mar 2005	£80,000	14.29%
	28 Mar 2003	£69,995	154.53%
	08 Sep 1999	£27,500	First Sale
FLAT 5, APOLLO HOUSE ILLUSTRIOUS CLOSEFlat, Leasehold	05 May 2020	£60,000	118.18%
FLAT 5, APOLLO HOUSE ILLUSTRIOUS CLOSEFlat, Leasehold	13 Oct 1999	£27,500	First Sale
FLAT 6, APOLLO HOUSE ILLUSTRIOUS CLOSEFlat, Leasehold	22 Jan 2016	£100,000	17.65%
FLAT 6, APOLLO HOUSE ILLUSTRIOUS CLOSEFlat, Leasehold	05 Jun 2007	£85,000	First Sale
FLAT 8, APOLLO HOUSE ILLUSTRIOUS CLOSEFlat, Leasehold	24 Mar 2015	£68,000	25.93%
FLAT 8, APOLLO HOUSE ILLUSTRIOUS CLOSEFlat, Leasehold	28 Jun 2002	£54,000	First Sale
FLAT 7, APOLLO HOUSE ILLUSTRIOUS CLOSEFlat, Leasehold	01 Aug 2014	£75,000	11.11%
FLAT 7, APOLLO HOUSE ILLUSTRIOUS CLOSEFlat, Leasehold	21 Nov 2003	£67,500	First Sale
1, APOLLO HOUSE ILLUSTRIOUS CLOSEFlat, Leasehold	14 Mar 2008	£87,000	72.28%
1, APOLLO HOUSE ILLUSTRIOUS CLOSEFlat, Leasehold	15 Nov 2002	£50,500	First Sale
FLAT 2, APOLLO HOUSE ILLUSTRIOUS CLOSEFlat, Leasehold	25 Oct 2007	£88,000	25.72%
	10 Apr 2006	£69,999	16.67%
	31 Jul 2003	£59,995	-0.01%
	07 Aug 2001	£60,000	First Sale
FLAT 3, APOLLO HOUSE ILLUSTRIOUS CLOSEFlat, Leasehold	13 Apr 2006	£71,000	112.99%
FLAT 3, APOLLO HOUSE ILLUSTRIOUS CLOSEFlat, Leasehold	21 Dec 2001	£33,335	First Sale
FLAT 11, APOLLO HOUSE ILLUSTRIOUS CLOSEFlat, Leasehold	16 Dec 2005	£64,000	-1.54%
	02 Sep 2003	£65,000	66.67%
	20 Nov 2001	£39,000	First Sale
FLAT 9, APOLLO HOUSE ILLUSTRIOUS CLOSEFlat, Leasehold	23 Apr 2002	£46,500	173.53%
	13 Feb 2001	£17,000	-15.00%
	31 Aug 1999	£20,000	First Sale

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

ILLUSTRIOUS CLOSE, ME5 7RN Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £144,463 median price is £129,995 Standard Deviation is £87,232 with Total Sold: 1,183
- The Last 5 Year average price is £300,114 with Total Sold: 141
- 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 , 8 CHRISTIE CLOSE: £37,015 (Sold on 27 Jan 1995)
Terraced
- The average price is around £124,709 median price is £120,750 Standard Deviation is £66,821 with Total Sold: 2,384
- The Last 5 Year average price is £234,213 with Total Sold: 297
- 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 £213,519 median price is £210,000 Standard Deviation is £104,421 with Total Sold: 677
- The Last 5 Year average price is £381,548 with Total Sold: 83
- 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)
Other
- The average price is around £760,392 median price is £212,000 Standard Deviation is £1,537,314 with Total Sold: 13
- 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 , 368 LORDS WOOD LANE: £183,000 (Sold on 23 Sep 2016)
Flat
- The average price is around £93,018 median price is £80,000 Standard Deviation is £49,324 with Total Sold: 152
- The Last 5 Year average price is £131,140 with Total Sold: 25
- 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 , 30 TIMBER BANK: £31,000 (Sold on 14 Mar 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£323,386	£3,943	12
2023	£302,316	£4,423	19
2022	£318,844	£4,509	32
2021	£311,941	£3,904	34
2020	£279,896	£3,966	24
2019	£258,250	£3,619	20
2018	£249,629	£3,729	31
2017	£251,130	£3,606	27
2016	£238,543	£3,238	35
2015	£213,660	£2,838	25
2014	£179,591	£2,608	22
2013	£156,620	£2,397	25
2012	£152,233	£1,991	15
2011	£158,531	£2,374	16
2010	£158,875	£2,251	20
2009	£142,400	£2,008	20
2008	£156,300	£2,199	15
2007	£163,444	£2,501	55
2006	£160,578	£2,262	65
2005	£145,220	£2,252	52
2004	£147,236	£2,041	55
2003	£127,329	£2,010	61
2002	£105,722	£1,523	77
2001	£90,398	£1,297	72
2000	£79,981	£1,129	64
1999	£67,886	£986	58
1998	£58,999	£878	63
1997	£57,662	£807	67
1996	£51,688	£682	59
1995	£49,737	£790	43

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£240,278	£3,839	18
2023	£266,275	£4,403	35
2022	£254,919	£4,455	62
2021	£226,533	£3,848	75
2020	£226,900	£3,610	50
2019	£206,610	£3,605	57
2018	£202,829	£3,691	51
2017	£214,260	£3,476	75
2016	£195,937	£3,334	68
2015	£168,339	£2,923	76
2014	£149,057	£2,642	78
2013	£130,189	£2,356	66
2012	£133,132	£2,140	52
2011	£130,648	£2,215	44
2010	£131,083	£2,284	34
2009	£126,662	£2,182	37
2008	£139,450	£2,320	50
2007	£143,870	£2,509	128
2006	£137,727	£2,339	128
2005	£128,203	£2,213	88
2004	£117,996	£2,172	121
2003	£110,505	£1,953	126
2002	£88,156	£1,570	124
2001	£69,451	£1,224	132
2000	£60,721	£1,114	141
1999	£51,851	£916	131
1998	£49,244	£868	100
1997	£45,970	£791	105
1996	£40,697	£746	62
1995	£42,196	£739	70

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£406,286		7
2023	£400,719	£4,370	16
2022	£428,600	£4,350	10
2021	£384,525	£3,787	20
2020	£351,625	£3,482	12
2019	£345,389	£3,427	18
2018	£355,947	£3,552	19
2017	£338,889	£3,455	18
2016	£318,193	£3,259	29
2015	£270,524	£2,723	21
2014	£243,688	£2,490	16
2013	£230,281	£2,231	16
2012	£234,536	£2,208	14
2011	£218,188	£2,290	16
2010	£236,729	£2,369	12
2009	£216,056	£1,924	9
2008	£214,470	£2,066	10
2007	£233,578	£2,406	32
2006	£235,397	£2,225	45
2005	£209,386	£1,991	29
2004	£211,335	£2,093	32
2003	£199,977	£2,169	25
2002	£170,546	£1,766	31
2001	£138,648	£1,367	37
2000	£129,024	£1,232	31
1999	£104,011	£1,095	38
1998	£89,710	£998	31
1997	£86,953	£886	28
1996	£83,655	£829	25
1995	£74,882	£842	30

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£5,900,000		1
2022	£782,333	£9,618	3
2021	£195,000		1
2020	£17,000		1
2019	£3,600		1
2017	£204,875	£2,251	4
2016	£301,500	£4,136	2

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
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	£70,693	£1,636	11
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	£40,000		1
1995	£29,000	£624	2

House Type in ME5 7RN area

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

Total	146
Terraced	57
Semi-detached	40
Detached	39
Flat	10
Shared house	0
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 (74), and Private rented: Private landlord or letting agency (39).

Owned: Owns with a mortgage or loan	74
Private rented: Private landlord or letting agency	39
Owned: Owns outright	30
Shared ownership: Shared ownership	2
Does not apply	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

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

1 person in household	48
2 people in household	36
3 people in household	32
4 people in household	21
5 people in household	6
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0