Housing Market Analysis for COVERDALE CLOSE, ME5 7RZ

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £112,927 median price is £102,500 Standard Deviation is £60,441 with Total Sold: 28
    • The Last 5 Year average price is £231,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 29 COVERDALE CLOSE: £278,000 (Sold on 02 Dec 2022)
    • The first recorded sale happened at this postcode is 5 COVERDALE CLOSE: £46,000 (Sold on 01 Aug 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 7RZ 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
2022£278,000 £3,124 1
2019£185,000 £2,056 1
2018£220,000 £2,444 1
2016£218,000 £2,370 1
2013£166,000 £1,451 1
2012£135,000 £1,497 1
2007£149,499 £1,641 4
2004£114,900 £1,268 5
2002£74,000 £820 1
2001£80,998 £847 2
2000£64,995 £728 3
1999£53,898 £566 5
1998£41,000 £455 1
1997£46,000 £510 1

All the Sales in the COVERDALE CLOSE, ME5 7RZ

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

AddressSold DatePrice% Change
29 COVERDALE CLOSETerraced, FreeholdArea: 89 Sq.mtrAge: 1950-196602 Dec 2022£278,000133.61%
08 Oct 2004£119,000First Sale
14 COVERDALE CLOSETerraced, FreeholdArea: 90 Sq.mtrAge: 1976-198231 May 2019£185,000First Sale
25 COVERDALE CLOSETerraced, FreeholdArea: 90 Sq.mtrAge: 1950-196612 Oct 2018£220,000First Sale
30 COVERDALE CLOSETerraced, FreeholdArea: 92 Sq.mtrAge: 1967-197512 Aug 2016£218,000First Sale
6 COVERDALE CLOSETerraced, FreeholdArea: 114.44 Sq.mtrAge: 1976-198204 Dec 2013£166,0003.75%
19 Oct 2007£159,99592.77%
09 Nov 2001£83,00034.96%
08 Jan 1999£61,500First Sale
16 COVERDALE CLOSETerraced, FreeholdArea: 90.2 Sq.mtrAge: 1950-196630 Nov 2012£135,000-10.60%
23 Nov 2007£151,000104.05%
18 Mar 2002£74,00080.49%
16 Jan 1998£41,000First Sale
12 COVERDALE CLOSETerraced, Freehold14 Jun 2007£142,00018.83%
18 May 2004£119,5004.82%
13 Feb 2004£114,00044.31%
21 Dec 2001£78,99551.91%
05 Nov 1999£52,0004.00%
04 Jun 1999£50,000First Sale
24 COVERDALE CLOSETerraced, FreeholdArea: 89.68 Sq.mtrAge: 1976-198210 May 2007£145,000123.09%
30 Aug 2000£64,995First Sale
15 COVERDALE CLOSETerraced, FreeholdArea: 90 Sq.mtrAge: 1976-198206 Aug 2004£131,00043.96%
08 Jan 2004£91,000First Sale
22 COVERDALE CLOSETerraced, FreeholdArea: 89 Sq.mtrAge: 1950-196615 Sep 2000£64,99522.64%
15 Oct 1999£52,995First Sale
21 COVERDALE CLOSETerraced, Freehold21 Jul 2000£64,99522.64%
24 Sep 1999£52,995First Sale
5 COVERDALE CLOSETerraced, FreeholdArea: 90.14 Sq.mtrAge: 1950-196601 Aug 1997£46,000First Sale

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

COVERDALE CLOSE, ME5 7RZ Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £124,987 median price is £121,000 Standard Deviation is £66,984 with Total Sold: 2,085
    • The Last 5 Year average price is £235,195 with Total Sold: 278
    • 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 £135,684 median price is £125,000 Standard Deviation is £77,198 with Total Sold: 1,087
    • The Last 5 Year average price is £267,776 with Total Sold: 127
    • 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)
  • Flat
    • The average price is around £88,874 median price is £80,000 Standard Deviation is £44,181 with Total Sold: 136
    • 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 £637,208 median price is £201,000 Standard Deviation is £1,345,834 with Total Sold: 17
    • The Last 5 Year average price is £927,804 with Total Sold: 10
    • 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)
  • Detached
    • The average price is around £193,595 median price is £190,000 Standard Deviation is £104,861 with Total Sold: 119
    • The Last 5 Year average price is £369,781 with Total Sold: 16
    • The most recent sale happened at this postcode is , 2 DEFOE CLOSE: £395,000 (Sold on 14 Mar 2023)
    • The first recorded sale happened at this postcode is , 88 REDWING ROAD: £83,000 (Sold on 31 Mar 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£246,206 £3,771 17
2023£265,249 £4,180 34
2022£255,038 £4,042 59
2021£231,933 £3,658 67
2020£228,909 £3,465 44
2019£202,132 £3,182 57
2018£204,159 £3,400 46
2017£210,038 £3,367 79
2016£196,889 £2,984 52
2015£163,389 £2,715 63
2014£149,360 £2,510 64
2013£127,519 £2,199 66
2012£129,950 £1,958 52
2011£126,357 £2,033 42
2010£117,632 £2,099 29
2009£123,433 £2,067 34
2008£137,975 £2,175 40
2007£140,547 £2,323 121
2006£130,571 £2,158 102
2005£126,162 £2,105 83
2004£116,563 £1,922 119
2003£104,355 £1,806 99
2002£83,322 £1,485 102
2001£68,045 £1,125 113
2000£58,425 £1,011 140
1999£47,920 £826 108
1998£47,814 £791 80
1997£44,048 £747 63
1996£40,457 £677 56
1995£39,330 £693 54
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£269,500 £3,439 5
2023£313,458 £4,249 24
2022£299,028 £4,016 18
2021£252,224 £3,750 29
2020£247,750 £3,674 26
2019£239,940 £3,088 25
2018£241,199 £3,194 38
2017£243,355 £3,179 31
2016£224,202 £3,183 31
2015£191,594 £2,534 32
2014£163,840 £2,329 25
2013£149,054 £2,115 21
2012£148,071 £2,184 21
2011£150,344 £2,036 16
2010£146,502 £1,983 18
2009£135,749 £1,912 26
2008£143,443 £2,012 22
2007£156,638 £2,188 50
2006£141,928 £2,201 52
2005£129,564 £2,079 38
2004£133,218 £1,895 48
2003£113,611 £1,852 55
2002£99,145 £1,457 76
2001£80,326 £1,180 67
2000£70,801 £1,054 51
1999£56,214 £891 50
1998£53,956 £787 46
1997£51,448 £747 62
1996£46,280 £662 52
1995£44,727 £717 32
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£310,0001
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£91,938 £2,050 4
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£40,0001
1995£31,000 £620 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£5,900,0001
2023£520,000 £3,688 1
2022£206,000 £4,441 2
2021£195,0001
2020£578,5002
2019£364,679 £2,688 3
2017£267,333 £3,328 3
2016£197,4993
2015£160,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£368,333 £4,527 3
2022£446,000 £4,374 2
2021£356,611 £4,434 9
2020£430,000 £3,739 1
2019£280,000 £3,500 1
2018£353,333 £3,594 3
2017£300,000 £3,321 2
2016£295,750 £3,400 4
2015£234,690 £3,067 5
2014£233,999 £2,873 6
2013£202,800 £2,301 5
2012£225,000 £2,778 2
2011£185,000 £2,357 2
2010£235,000 £2,328 1
2009£190,000 £1,792 1
2008£196,500 £1,748 2
2007£194,273 £2,416 6
2006£203,706 £2,097 8
2005£164,500 £1,820 6
2004£213,124 £2,289 4
2003£138,5002
2002£138,500 £1,501 6
2001£109,832 £1,198 6
2000£108,500 £1,447 3
1999£87,806 £985 8
1998£78,208 £1,063 6
1997£87,875 £1,012 4
1996£63,480 £643 7
1995£88,500 £860 4

House Type in ME5 7RZ area

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

Total140
Terraced96
Semi-detached25
Flat13
Detached6
Shared house0
converted building0
commercial building0
temporary structure0

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 rented59
Owned: Owns with a mortgage or loan39
Social rented: Rents from council or Local Authority18
Owned: Owns outright15
Private rented: Private landlord or letting agency11
Shared ownership: Shared ownership1
Does not apply0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

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

2 people in household40
1 person in household29
3 people in household29
4 people in household26
5 people in household15
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0