Housing Market Analysis for ILLUSTRIOUS CLOSE, ME5 7RW

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

Overview of Sold House prices

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

Terraced
- The average price is around £106,960 median price is £112,000 Standard Deviation is £54,534 with Total Sold: 64
- The Last 5 Year average price is £204,286 with Total Sold: 7
- The most recent sale happened at this postcode is 12 ILLUSTRIOUS CLOSE: £232,000 (Sold on 12 Oct 2022)
- The first recorded sale happened at this postcode is 33 ILLUSTRIOUS CLOSE: £34,000 (Sold on 24 Aug 1995)
Semi-Detached
- The average price is around £142,956 median price is £139,995 Standard Deviation is £79,196 with Total Sold: 29
- The Last 5 Year average price is £287,000 with Total Sold: 3
- The most recent sale happened at this postcode is 50 ILLUSTRIOUS CLOSE: £301,000 (Sold on 03 May 2022)
- The first recorded sale happened at this postcode is 53 ILLUSTRIOUS CLOSE: £47,995 (Sold on 05 May 1995)
Detached
- The average price is around £164,027 median price is £164,800 Standard Deviation is £64,609 with Total Sold: 11
- The most recent sale happened at this postcode is 43 ILLUSTRIOUS CLOSE: £275,000 (Sold on 04 Jul 2018)
- The first recorded sale happened at this postcode is 37 ILLUSTRIOUS CLOSE: £66,500 (Sold on 23 Jan 1996)
Flat
- The average price is around £153,250 median price is £153,250 Standard Deviation is £49,250 with Total Sold: 2
- The most recent sale happened at this postcode is 54 ILLUSTRIOUS CLOSE: £202,500 (Sold on 17 Nov 2017)
- The first recorded sale happened at this postcode is 54 ILLUSTRIOUS CLOSE: £104,000 (Sold on 20 Oct 2009)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 7RW 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
2022	£231,000	£3,917	2
2021	£217,000	£3,945	1
2020	£190,000	£3,455	1
2019	£187,000	£3,860	3
2018	£179,167	£3,769	3
2017	£160,000	£2,909	1
2016	£175,000	£3,483	2
2015	£139,749	£2,785	4
2014	£124,500	£2,147	1
2013	£122,500	£2,227	1
2008	£119,000	£1,917	2
2007	£129,999	£2,508	4
2006	£122,498	£2,479	3
2005	£121,500	£2,127	4
2004	£63,500	£1,221	1
2003	£97,125	£2,009	4
2002	£83,625	£1,561	4
2001	£65,799	£1,216	5
2000	£58,375	£1,095	4
1999	£44,166	£866	6
1998	£45,375	£779	4
1997	£40,498	£790	2
1995	£37,000	£741	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£301,000	£4,239	1
2021	£290,000	£2,990	1
2020	£270,000	£3,212	1
2017	£177,500	£3,413	1
2016	£256,000	£3,111	2
2014	£169,750	£2,395	2
2013	£157,250	£2,535	2
2012	£167,500	£1,993	1
2009	£139,995	£1,665	1
2007	£179,995	£2,535	1
2006	£169,000	£2,218	2
2004	£132,500	£2,228	2
2003	£147,000		1
2002	£89,500	£1,627	1
2001	£104,998	£1,459	2
2000	£89,995		1
1999	£44,000	£798	1
1998	£41,000	£745	1
1997	£45,312	£722	4
1995	£47,995	£923	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£275,000	£2,897	1
2014	£275,000		1
2011	£185,000	£2,352	1
2006	£178,000	£1,548	1
2005	£164,800		1
2003	£164,748	£1,807	2
2000	£149,500	£879	1
1999	£94,000		1
1998	£87,000	£757	1
1996	£66,500		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£202,500	£3,682	1
2009	£104,000	£1,891	1

All the Sales in the ILLUSTRIOUS CLOSE, ME5 7RW

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

Address	Sold Date	Price	% Change
12 ILLUSTRIOUS CLOSETerraced, FreeholdArea: 58 Sq.mtrAge: 1983-1990	12 Oct 2022	£232,000	63.38%
	15 Jun 2007	£142,000	13.15%
	09 Dec 2005	£125,500	12.05%
	10 Oct 2003	£112,000	105.50%
	19 Nov 1999	£54,500	21.11%
	30 May 1997	£45,000	First Sale
50 ILLUSTRIOUS CLOSESemi-Detached, FreeholdArea: 71 Sq.mtrAge: 1983-1990	03 May 2022	£301,000	First Sale
21 ILLUSTRIOUS CLOSETerraced, FreeholdArea: 60 Sq.mtrAge: 1996-2002	14 Mar 2022	£230,000	100.00%
	26 Nov 2008	£115,000	-11.88%
	21 Dec 2006	£130,500	183.70%
	27 Feb 1998	£46,000	First Sale
3 ILLUSTRIOUS CLOSETerraced, FreeholdArea: 55 Sq.mtrAge: 1983-1990	21 May 2021	£217,000	14.21%
	12 Feb 2020	£190,000	18.75%
	17 Jul 2015	£160,000	30.61%
	31 Jan 2013	£122,500	6.52%
	24 Jun 2005	£115,000	36.90%
	09 May 2002	£84,000	24.44%
	27 Oct 2000	£67,500	68.75%
	08 Dec 1995	£40,000	First Sale
47 ILLUSTRIOUS CLOSESemi-Detached, FreeholdArea: 97 Sq.mtrAge: 1976-1982	17 Mar 2021	£290,000	10.69%
	22 Aug 2016	£262,000	34.36%
	03 Jan 2014	£195,000	First Sale
35 ILLUSTRIOUS CLOSESemi-Detached, FreeholdArea: 84.06 Sq.mtr	11 Sep 2020	£270,000	61.19%
	27 Jul 2012	£167,500	19.65%
	23 Dec 2009	£139,995	-16.67%
	09 Jul 2004	£168,000	60.00%
	24 Aug 2001	£105,000	57.89%
	26 Sep 1997	£66,500	First Sale
33 ILLUSTRIOUS CLOSETerraced, FreeholdArea: 45 Sq.mtrAge: 1983-1990	19 Dec 2019	£165,000	385.29%
	24 Aug 1995	£34,000	First Sale
28 ILLUSTRIOUS CLOSETerraced, FreeholdArea: 58 Sq.mtrAge: 1983-1990	13 Dec 2019	£198,000	191.20%
	01 Jun 2001	£67,995	First Sale
8 ILLUSTRIOUS CLOSETerraced, FreeholdArea: 44 Sq.mtrAge: 1991-1995	08 Nov 2019	£198,000	4.76%
	20 Jul 2018	£189,000	18.12%
	12 Feb 2016	£160,000	42.86%
	18 May 2006	£112,000	65.93%
	20 Mar 2002	£67,500	84.93%
	11 Mar 1999	£36,500	First Sale
25 ILLUSTRIOUS CLOSETerraced, FreeholdArea: 44.8 Sq.mtrAge: 1983-1990	14 Sep 2018	£163,000	41.74%
	01 Mar 2007	£115,000	228.57%
	29 Oct 1999	£35,000	-2.76%
	14 Nov 1997	£35,995	First Sale
43 ILLUSTRIOUS CLOSEDetached, FreeholdArea: 94.93 Sq.mtrAge: 1983-1990	04 Jul 2018	£275,000	60.35%
	19 Sep 2003	£171,500	First Sale
15 ILLUSTRIOUS CLOSETerraced, FreeholdArea: 55 Sq.mtrAge: 1983-1990	02 Mar 2018	£185,500	31.56%
	05 Mar 2015	£141,000	57.54%
	03 Dec 2002	£89,500	123.75%
	29 Aug 1997	£40,000	First Sale
54 ILLUSTRIOUS CLOSEFlat, FreeholdArea: 55 Sq.mtrAge: 1983-1990	17 Nov 2017	£202,500	94.71%
	20 Oct 2009	£104,000	First Sale
53 ILLUSTRIOUS CLOSESemi-Detached, FreeholdArea: 52 Sq.mtrAge: 1983-1990	19 Apr 2017	£177,500	22.84%
	06 Jun 2014	£144,500	16.06%
	25 Feb 2013	£124,500	96.06%
	26 Nov 2004	£63,500	32.31%
	05 May 1995	£47,995	First Sale
2 ILLUSTRIOUS CLOSETerraced, FreeholdArea: 55 Sq.mtrAge: 1976-1982	12 Jan 2017	£160,000	193.58%
	26 May 2000	£54,500	First Sale
30 ILLUSTRIOUS CLOSETerraced, FreeholdArea: 57.06 Sq.mtrAge: 1983-1990	03 Oct 2016	£190,000	171.43%
	20 Jul 2001	£70,000	41.41%
	17 Aug 1998	£49,500	First Sale
48 ILLUSTRIOUS CLOSESemi-Detached, FreeholdArea: 71 Sq.mtrAge: 1983-1990	18 Mar 2016	£250,000	31.58%
	02 Aug 2013	£190,000	5.56%
	29 Jun 2007	£179,995	71.43%
	29 Oct 2001	£104,995	First Sale
26 ILLUSTRIOUS CLOSETerraced, FreeholdArea: 46 Sq.mtrAge: 1996-2002	05 Jun 2015	£140,000	12.00%
	15 Dec 2006	£124,995	30.20%
	03 Mar 2003	£96,000	66.96%
	12 Jan 2001	£57,500	First Sale
9 ILLUSTRIOUS CLOSETerraced, FreeholdArea: 45 Sq.mtrAge: 1983-1990	21 Apr 2015	£117,995	21.64%
	07 Dec 2004	£97,000	First Sale
38 ILLUSTRIOUS CLOSEDetached, Freehold	08 Aug 2014	£275,000	27.31%
38 ILLUSTRIOUS CLOSEDetached, Freehold	29 Sep 2006	£216,000	First Sale
11 ILLUSTRIOUS CLOSETerraced, FreeholdArea: 58 Sq.mtrAge: 1983-1990	17 Jan 2014	£124,500	35.33%
	21 Nov 2002	£92,000	73.58%
	19 Nov 1999	£53,000	First Sale
41 ILLUSTRIOUS CLOSEDetached, FreeholdArea: 78.64 Sq.mtrAge: 1983-1990	11 Mar 2011	£185,000	3.93%
	18 Oct 2006	£178,000	104.60%
	10 Nov 1998	£87,000	First Sale
20 ILLUSTRIOUS CLOSETerraced, Freehold	02 Oct 2008	£123,000	86.36%
20 ILLUSTRIOUS CLOSETerraced, Freehold	27 Jul 2001	£66,000	First Sale
31 ILLUSTRIOUS CLOSETerraced, Freehold	02 Oct 2007	£143,000	13.94%
31 ILLUSTRIOUS CLOSETerraced, Freehold	17 Aug 2005	£125,500	First Sale
34 ILLUSTRIOUS CLOSETerraced, Freehold	27 Mar 2007	£119,995	43.71%
	27 Feb 2003	£83,500	114.10%
	30 Jun 1999	£39,000	First Sale
24 ILLUSTRIOUS CLOSESemi-Detached, FreeholdArea: 55 Sq.mtrAge: 1950-1966	23 Oct 2006	£122,000	177.27%
	30 Sep 1999	£44,000	7.32%
	31 Mar 1998	£41,000	First Sale
37 ILLUSTRIOUS CLOSEDetached, Freehold	27 Jun 2005	£164,800	4.31%
	25 Apr 2003	£157,995	137.59%
	23 Jan 1996	£66,500	First Sale
16 ILLUSTRIOUS CLOSETerraced, Freehold	27 May 2005	£120,000	23.71%
	14 Mar 2003	£97,000	106.40%
	27 Aug 1999	£46,995	First Sale
52 ILLUSTRIOUS CLOSESemi-Detached, Freehold	31 Jul 2003	£147,000	First Sale
27 ILLUSTRIOUS CLOSETerraced, FreeholdArea: 57 Sq.mtrAge: 1996-2002	21 Jun 2002	£91,000	127.50%
	18 Sep 1998	£40,000	First Sale
10 ILLUSTRIOUS CLOSETerraced, Freehold	28 Sep 2001	£67,500	6.30%
10 ILLUSTRIOUS CLOSETerraced, Freehold	20 Jul 2000	£63,500	First Sale
40 ILLUSTRIOUS CLOSEDetached, FreeholdArea: 170 Sq.mtrAge: 1983-1990	14 Dec 2000	£149,500	First Sale
18 ILLUSTRIOUS CLOSETerraced, FreeholdArea: 45 Sq.mtrAge: 1996-2002	10 Nov 2000	£48,000	First Sale
51 ILLUSTRIOUS CLOSESemi-Detached, Freehold	07 Jun 2000	£89,995	First Sale
46 ILLUSTRIOUS CLOSEDetached, Freehold	01 Dec 1999	£94,000	First Sale
19 ILLUSTRIOUS CLOSETerraced, Freehold	26 May 1998	£46,000	First Sale
49 ILLUSTRIOUS CLOSESemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1976-1982	10 Oct 1997	£42,750	First Sale
1 ILLUSTRIOUS CLOSESemi-Detached, Freehold	27 Mar 1997	£32,000	First Sale

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

ILLUSTRIOUS CLOSE, ME5 7RW Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £141,766 median price is £126,000 Standard Deviation is £86,937 with Total Sold: 1,124
- The Last 5 Year average price is £301,242 with Total Sold: 126
- 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 £124,750 median price is £121,000 Standard Deviation is £66,777 with Total Sold: 2,412
- The Last 5 Year average price is £234,480 with Total Sold: 301
- 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 £212,081 median price is £210,000 Standard Deviation is £105,245 with Total Sold: 691
- The Last 5 Year average price is £385,524 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 £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)
Flat
- The average price is around £94,747 median price is £80,000 Standard Deviation is £49,287 with Total Sold: 144
- The Last 5 Year average price is £131,188 with Total Sold: 24
- 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	£335,591	£3,943	11
2023	£300,438	£4,582	16
2022	£316,638	£4,552	29
2021	£314,617	£3,929	30
2020	£283,214	£3,895	21
2019	£257,342	£3,591	19
2018	£249,629	£3,729	31
2017	£252,180	£3,638	25
2016	£234,419	£3,334	31
2015	£211,208	£2,874	24
2014	£176,895	£2,612	19
2013	£155,750	£2,401	24
2012	£149,679	£2,011	14
2011	£158,531	£2,374	16
2010	£160,131	£2,288	19
2009	£142,400	£2,008	20
2008	£166,166	£2,177	15
2007	£162,018	£2,508	52
2006	£160,509	£2,274	64
2005	£142,605	£2,281	47
2004	£145,288	£2,092	52
2003	£125,467	£2,047	56
2002	£103,805	£1,536	74
2001	£87,921	£1,284	67
2000	£78,291	£1,126	61
1999	£67,886	£986	58
1998	£58,794	£885	61
1997	£58,140	£814	67
1996	£51,872	£689	58
1995	£49,737	£790	43

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£240,278	£3,839	18
2023	£266,934	£4,369	36
2022	£255,286	£4,434	63
2021	£226,533	£3,848	75
2020	£226,900	£3,610	50
2019	£207,216	£3,560	59
2018	£203,355	£3,642	53
2017	£214,664	£3,465	76
2016	£194,613	£3,327	68
2015	£168,574	£2,895	78
2014	£148,856	£2,613	80
2013	£130,189	£2,356	66
2012	£132,083	£2,124	53
2011	£130,648	£2,215	44
2010	£130,624	£2,256	35
2009	£126,662	£2,182	37
2008	£139,450	£2,320	50
2007	£143,200	£2,505	129
2006	£137,209	£2,307	134
2005	£127,638	£2,222	86
2004	£118,612	£2,172	121
2003	£110,619	£1,953	127
2002	£88,035	£1,562	124
2001	£68,940	£1,220	132
2000	£60,894	£1,107	144
1999	£51,970	£910	134
1998	£49,229	£864	102
1997	£45,951	£791	106
1996	£40,842	£746	62
1995	£42,196	£739	70

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£406,286		7
2023	£403,433	£4,449	15
2022	£421,778	£4,468	9
2021	£391,929	£3,866	21
2020	£373,536	£3,511	14
2019	£343,941	£3,514	17
2018	£352,556	£3,597	18
2017	£340,000	£3,532	17
2016	£321,620	£3,267	30
2015	£272,238	£2,808	21
2014	£246,118	£2,480	17
2013	£230,281	£2,231	16
2012	£236,900	£2,210	15
2011	£218,188	£2,290	16
2010	£236,729	£2,369	12
2009	£211,812	£1,965	8
2008	£214,470	£2,066	10
2007	£235,720	£2,413	34
2006	£234,953	£2,235	45
2005	£210,373	£2,054	30
2004	£210,476	£2,163	32
2003	£198,132	£2,202	26
2002	£163,031	£1,775	30
2001	£134,950	£1,364	35
2000	£128,875	£1,227	34
1999	£106,272	£1,102	42
1998	£91,632	£1,008	34
1997	£89,264	£896	31
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	£420,000	£2,727	1

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	£124,857	£2,805	7
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	£65,000	£1,477	1
2009	£82,150	£1,681	5
2008	£89,208	£2,360	6
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	£71,463	£1,670	10
2002	£66,717	£1,485	9
2001	£49,134	£1,048	10
2000	£48,714	£1,039	7
1999	£31,393	£907	7
1998	£46,000	£897	2
1997	£42,000	£808	1
1996	£40,000		1
1995	£31,000	£620	1

House Type in ME5 7RW area

The most common house types in the ME5 7RW 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 7RW 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