Housing Market Analysis for PENFOLD CLOSE, ME5 7RX

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

Overview of Sold House prices

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

Terraced
- The average price is around £132,633 median price is £128,500 Standard Deviation is £74,486 with Total Sold: 15
- The Last 5 Year average price is £275,000 with Total Sold: 1
- The most recent sale happened at this postcode is 19 PENFOLD CLOSE: £215,000 (Sold on 26 Oct 2018)
- The first recorded sale happened at this postcode is 10 PENFOLD CLOSE: £275,000 (Sold on 12 Apr 2024)
Semi-Detached
- The average price is around £96,500 median price is £39,500 Standard Deviation is £87,414 with Total Sold: 3
- The most recent sale happened at this postcode is 22 PENFOLD CLOSE: £220,000 (Sold on 13 Jul 2018)
- The first recorded sale happened at this postcode is 22 PENFOLD CLOSE: £30,000 (Sold on 20 May 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 7RX 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
2018	£215,000	£2,363	1
2017	£208,333	£2,243	3
2013	£129,250	£1,430	2
2007	£148,000		1
2005	£119,000		2
2000	£51,165	£574	3
1998	£37,500		1
1997	£39,000	£433	1
2024	£275,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£220,000	£2,472	1
1999	£39,500	£444	1
1997	£30,000	£337	1

All the Sales in the PENFOLD CLOSE, ME5 7RX

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

Address	Sold Date	Price	% Change
19 PENFOLD CLOSETerraced, FreeholdArea: 91 Sq.mtrAge: 1967-1975	26 Oct 2018	£215,000	First Sale
22 PENFOLD CLOSESemi-Detached, FreeholdArea: 89 Sq.mtrAge: 1950-1966	13 Jul 2018	£220,000	456.96%
	26 Feb 1999	£39,500	31.67%
	20 May 1997	£30,000	First Sale
25 PENFOLD CLOSETerraced, Freehold	24 Nov 2017	£220,000	78.86%
25 PENFOLD CLOSETerraced, Freehold	08 Apr 2005	£123,000	First Sale
5 PENFOLD CLOSETerraced, FreeholdArea: 88 Sq.mtrAge: 1983-1990	24 Feb 2017	£215,000	65.38%
	06 Sep 2013	£130,000	126.09%
	28 Apr 2000	£57,500	First Sale
10 PENFOLD CLOSETerraced, FreeholdArea: 92.98 Sq.mtrAge: 1976-1982	24 Feb 2017	£190,000	47.86%
	21 Jan 2013	£128,500	179.35%
	05 Jan 2000	£46,000	17.95%
	09 Sep 1997	£39,000	-85.82%
	12 Apr 2024	£275,000	First Sale
26 PENFOLD CLOSETerraced, Freehold	17 Sep 2007	£148,000	28.70%
	11 Oct 2005	£115,000	130.02%
	04 Apr 2000	£49,995	33.32%
	14 Jul 1998	£37,500	First Sale

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

PENFOLD CLOSE, ME5 7RX Near By properties

Interactive Map

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

Terraced
- The average price is around £125,280 median price is £121,500 Standard Deviation is £67,042 with Total Sold: 2,123
- The Last 5 Year average price is £235,403 with Total Sold: 287
- 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 £138,131 median price is £128,000 Standard Deviation is £78,587 with Total Sold: 1,089
- The Last 5 Year average price is £269,682 with Total Sold: 130
- 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 , 15 WOOLWICH CLOSE: £53,500 (Sold on 06 Jan 1995)
Detached
- The average price is around £246,888 median price is £211,500 Standard Deviation is £148,523 with Total Sold: 198
- The Last 5 Year average price is £479,500 with Total Sold: 32
- 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)
Flat
- The average price is around £89,069 median price is £80,000 Standard Deviation is £44,078 with Total Sold: 137
- The Last 5 Year average price is £147,737 with Total Sold: 19
- 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 £617,919 median price is £206,500 Standard Deviation is £1,310,331 with Total Sold: 18
- The Last 5 Year average price is £869,822 with Total Sold: 11
- 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 , 183B WAYFIELD ROAD: £160,000 (Sold on 05 Nov 2015)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£254,406	£3,605	16
2023	£261,560	£4,098	33
2022	£256,633	£3,954	62
2021	£232,828	£3,612	67
2020	£227,404	£3,350	47
2019	£204,194	£3,111	62
2018	£207,506	£3,361	50
2017	£211,571	£3,306	77
2016	£196,249	£2,966	53
2015	£164,089	£2,714	62
2014	£151,030	£2,449	68
2013	£128,794	£2,152	68
2012	£128,772	£1,956	51
2011	£126,488	£2,003	43
2010	£117,303	£2,043	25
2009	£122,821	£2,054	35
2008	£138,250	£2,055	40
2007	£139,842	£2,296	125
2006	£130,185	£2,105	104
2005	£125,550	£2,083	80
2004	£116,581	£1,902	117
2003	£105,206	£1,790	105
2002	£83,693	£1,473	102
2001	£67,654	£1,103	114
2000	£59,035	£997	143
1999	£48,953	£808	116
1998	£48,174	£771	84
1997	£43,786	£728	64
1996	£40,774	£662	57
1995	£39,231	£672	53

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£269,500	£3,439	5
2023	£305,348	£4,090	23
2022	£305,525	£4,058	20
2021	£262,945	£3,758	33
2020	£246,250	£3,539	24
2019	£239,620	£3,079	25
2018	£244,220	£3,139	39
2017	£246,138	£3,186	29
2016	£225,147	£3,053	29
2015	£192,357	£2,537	35
2014	£169,808	£2,311	26
2013	£151,688	£2,066	22
2012	£150,457	£2,155	23
2011	£150,344	£2,036	16
2010	£147,577	£2,006	20
2009	£137,687	£1,918	24
2008	£164,710	£2,072	25
2007	£158,297	£2,216	52
2006	£144,811	£2,138	45
2005	£129,370	£2,038	35
2004	£136,557	£1,877	52
2003	£115,759	£1,792	55
2002	£101,644	£1,450	73
2001	£78,873	£1,152	64
2000	£71,909	£1,021	57
1999	£56,658	£897	44
1998	£52,880	£741	46
1997	£51,343	£733	66
1996	£46,695	£641	50
1995	£46,570	£712	32

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£515,667		3
2023	£483,750	£3,965	4
2022	£544,250	£4,643	4
2021	£448,808	£3,980	13
2020	£527,500	£2,951	4
2019	£435,125	£3,035	4
2018	£410,500	£3,382	4
2017	£403,500	£3,054	5
2016	£331,600	£3,333	5
2015	£263,908	£3,120	6
2014	£239,399	£2,966	5
2013	£230,812	£2,114	8
2012	£280,750	£1,975	4
2011	£245,750	£2,194	4
2010	£311,200	£2,112	5
2009	£255,000	£1,540	2
2008	£260,750	£1,823	4
2007	£253,705	£2,284	8
2006	£247,471	£2,017	12
2005	£195,500	£1,632	8
2004	£213,124	£2,289	4
2003	£211,399	£1,579	5
2002	£214,682	£1,579	11
2001	£117,599	£1,227	10
2000	£173,599	£1,439	5
1999	£122,829	£951	15
1998	£115,224	£1,021	10
1997	£105,417	£984	6
1996	£90,418	£630	14
1995	£101,500	£789	6

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£310,000		1
2022	£141,167	£3,120	6
2021	£160,000	£2,478	2
2020	£87,500	£1,944	2
2019	£144,375	£2,778	8
2018	£130,667	£2,742	6
2017	£136,000	£2,725	3
2016	£115,906	£2,369	8
2015	£89,375	£2,045	6
2014	£96,650	£2,019	5
2013	£80,000	£1,509	1
2012	£69,000	£1,388	3
2011	£86,700	£1,517	5
2010	£65,000	£1,477	1
2009	£76,688	£1,611	4
2008	£95,542	£2,134	6
2007	£100,250	£2,322	4
2006	£96,700	£1,986	6
2005	£101,500	£1,990	1
2004	£87,722	£1,908	9
2003	£71,915	£1,342	12
2002	£66,883	£1,402	9
2001	£51,844	£1,047	8
2000	£40,708	£926	11
1999	£37,300	£810	5
1998	£46,000	£897	2
1997	£42,000	£808	1
1996	£40,000		1
1995	£31,000	£620	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£5,900,000		1
2023	£520,000	£3,688	1
2022	£206,000	£4,441	2
2021	£195,000		1
2020	£578,500		2
2019	£346,009	£2,937	4
2017	£267,333	£3,328	3
2016	£197,499		3
2015	£160,000		1

House Type in ME5 7RX area

The most common house types in the ME5 7RX postcode area are Terraced (96), Semi-detached (25), and Flat (13).

Total	140
Terraced	96
Semi-detached	25
Flat	13
Detached	6
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 Social rented: Other social rented (59), and Owned: Owns with a mortgage or loan (39).

Social rented: Other social rented	59
Owned: Owns with a mortgage or loan	39
Social rented: Rents from council or Local Authority	18
Owned: Owns outright	15
Private rented: Private landlord or letting agency	11
Shared ownership: Shared ownership	1
Does not apply	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the ME5 7RX have 2 people in household (40), and 1 person in household (29).

2 people in household	40
1 person in household	29
3 people in household	29
4 people in household	26
5 people in household	15
6 people in household	3
0 people in household	0
7 people in household	0
8 or more people in household	0