Housing Market Analysis for RALEIGH CLOSE, ME5 7SB

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

Overview of Sold House prices

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

Terraced
- The average price is around £110,135 median price is £113,000 Standard Deviation is £54,645 with Total Sold: 55
- The Last 5 Year average price is £207,398 with Total Sold: 6
- The most recent sale happened at this postcode is 23 RALEIGH CLOSE: £180,390 (Sold on 22 Sep 2023)
- The first recorded sale happened at this postcode is 10 RALEIGH CLOSE: £44,000 (Sold on 24 Feb 1995)
Semi-Detached
- The average price is around £139,697 median price is £125,000 Standard Deviation is £80,025 with Total Sold: 15
- The Last 5 Year average price is £332,000 with Total Sold: 1
- The most recent sale happened at this postcode is 32 RALEIGH CLOSE: £332,000 (Sold on 03 Apr 2023)
- The first recorded sale happened at this postcode is 32 RALEIGH CLOSE: £54,000 (Sold on 05 Sep 1996)
Other
- The average price is around £212,000 median price is £212,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 19 RALEIGH CLOSE: £212,000 (Sold on 21 Jul 2017)
- The first recorded sale happened at this postcode is 19 RALEIGH CLOSE: £212,000 (Sold on 21 Jul 2017)
Detached
- The average price is around £180,808 median price is £210,000 Standard Deviation is £66,624 with Total Sold: 13
- The most recent sale happened at this postcode is 37 RALEIGH CLOSE: £280,000 (Sold on 18 Aug 2015)
- The first recorded sale happened at this postcode is 30 RALEIGH CLOSE: £68,000 (Sold on 02 Aug 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 7SB 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
2023	£195,130	£4,500	3
2022	£200,000	£4,444	1
2021	£235,000	£4,123	1
2020	£224,000	£4,308	1
2019	£135,000	£3,000	1
2018	£216,500	£4,163	1
2017	£190,000	£3,487	2
2014	£148,167	£2,677	3
2013	£110,500	£2,456	2
2010	£120,000	£2,085	2
2008	£120,000	£2,264	1
2007	£130,875	£2,514	4
2006	£128,500	£2,316	2
2005	£121,100	£2,288	5
2004	£115,000	£2,376	2
2003	£101,500	£1,984	3
2002	£82,495	£1,543	2
2001	£72,500	£1,276	2
2000	£60,399	£1,051	5
1999	£51,372	£925	4
1998	£51,000	£944	1
1997	£42,625	£778	4
1995	£32,187	£830	3

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£332,000	£4,611	1
2018	£270,000	£3,750	1
2016	£210,000	£2,917	1
2013	£165,000	£1,988	1
2007	£125,000	£2,155	1
2006	£143,167	£2,199	3
2005	£114,000	£2,533	1
2003	£89,950		1
2002	£148,000		1
1998	£38,000	£844	1
1997	£77,000		1
1996	£48,500	£750	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£212,000	£3,655	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2015	£280,000	£2,500	1
2010	£235,000	£2,328	1
2006	£220,167	£2,185	3
2005	£213,000		1
2004	£202,500	£1,932	2
2002	£210,000		1
2000	£117,000		1
1997	£97,000		1
1996	£66,500		2

All the Sales in the RALEIGH CLOSE, ME5 7SB

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

Address	Sold Date	Price	% Change
23 RALEIGH CLOSETerraced, Leasehold	22 Sep 2023	£180,390	-14.10%
	22 Sep 2023	£210,000	55.56%
	13 Dec 2019	£135,000	First Sale
24 RALEIGH CLOSETerraced, FreeholdArea: 45 Sq.mtrAge: 1976-1982	18 Aug 2023	£195,000	72.57%
	19 Dec 2013	£113,000	-0.88%
	25 Apr 2005	£114,000	200.00%
	20 Jul 1998	£38,000	First Sale
32 RALEIGH CLOSESemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1983-1990	03 Apr 2023	£332,000	58.10%
	27 May 2016	£210,000	288.89%
	05 Sep 1996	£54,000	First Sale
26 RALEIGH CLOSETerraced, FreeholdArea: 45 Sq.mtrAge: 1983-1990	29 Apr 2022	£200,000	85.19%
	14 Nov 2013	£108,000	-1.82%
	06 Sep 2004	£110,000	31.74%
	31 Mar 2003	£83,500	First Sale
16 RALEIGH CLOSETerraced, FreeholdArea: 57 Sq.mtrAge: 1976-1982	29 Sep 2021	£235,000	18.69%
	21 Mar 2017	£198,000	266.67%
	15 Oct 1999	£54,000	First Sale
14 RALEIGH CLOSETerraced, FreeholdArea: 52 Sq.mtrAge: 1983-1990	31 Jul 2020	£224,000	3.46%
	27 Apr 2018	£216,500	18.96%
	14 Feb 2017	£182,000	28.17%
	16 Apr 2014	£142,000	2.16%
	19 Dec 2007	£139,000	15.83%
	02 Sep 2004	£120,000	182.35%
	21 Nov 1997	£42,500	First Sale
34 RALEIGH CLOSESemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1983-1990	08 Feb 2018	£270,000	52.54%
	08 Dec 2006	£177,000	First Sale
19 RALEIGH CLOSEOther, FreeholdArea: 58 Sq.mtrAge: 1983-1990	21 Jul 2017	£212,000	30.46%
	16 May 2014	£162,500	22.18%
	21 Apr 2006	£133,000	2.31%
	22 Aug 2005	£130,000	106.35%
	10 Nov 2000	£63,000	26.00%
	30 Apr 1999	£50,000	First Sale
37 RALEIGH CLOSEDetached, FreeholdArea: 111.98 Sq.mtrAge: 1983-1990	18 Aug 2015	£280,000	First Sale
11 RALEIGH CLOSETerraced, FreeholdArea: 56 Sq.mtrAge: 1983-1990	31 Jan 2014	£140,000	3.70%
	05 Apr 2007	£135,000	8.00%
	01 Jul 2005	£125,000	68.92%
	14 Dec 2001	£74,000	76.19%
	21 Mar 1997	£42,000	First Sale
33 RALEIGH CLOSESemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1983-1990	05 Jul 2013	£165,000	First Sale
12 RALEIGH CLOSETerraced, FreeholdArea: 57.36 Sq.mtrAge: 1983-1990	19 Nov 2010	£115,000	First Sale
39 RALEIGH CLOSEDetached, FreeholdArea: 100.95 Sq.mtrAge: 1983-1990	23 Jul 2010	£235,000	9.30%
	25 Aug 2006	£215,000	10.26%
	23 Apr 2004	£195,000	First Sale
9 RALEIGH CLOSETerraced, FreeholdArea: 57.76 Sq.mtrAge: 1983-1990	21 May 2010	£125,000	First Sale
10 RALEIGH CLOSETerraced, FreeholdArea: 53 Sq.mtrAge: 1983-1990	26 Sep 2008	£120,000	-3.23%
	10 Feb 2006	£124,000	10.71%
	17 Oct 2003	£112,000	31.77%
	24 Jul 2002	£84,995	102.37%
	12 Aug 1997	£42,000	-4.55%
	24 Feb 1995	£44,000	First Sale
25 RALEIGH CLOSETerraced, FreeholdArea: 44.76 Sq.mtrAge: 1976-1982	24 Aug 2007	£125,000	13.12%
	23 Sep 2005	£110,500	154.05%
	13 Aug 1999	£43,495	First Sale
5 RALEIGH CLOSESemi-Detached, FreeholdArea: 58 Sq.mtrAge: 1983-1990	13 Apr 2007	£125,000	11.11%
	27 Jul 2006	£112,500	First Sale
21 RALEIGH CLOSETerraced, FreeholdArea: 55 Sq.mtrAge: 1976-1982	21 Mar 2007	£124,500	14.22%
	12 Dec 2003	£109,000	113.73%
	28 Feb 2000	£51,000	First Sale
18 RALEIGH CLOSESemi-Detached, Freehold	30 Oct 2006	£140,000	55.64%
	11 Apr 2003	£89,950	109.19%
	18 Oct 1996	£43,000	First Sale
35 RALEIGH CLOSEDetached, FreeholdArea: 102 Sq.mtrAge: 1983-1990	04 Aug 2006	£228,500	First Sale
30 RALEIGH CLOSEDetached, Freehold	30 May 2006	£217,000	85.47%
	26 Jul 2000	£117,000	72.06%
	02 Aug 1996	£68,000	First Sale
8 RALEIGH CLOSETerraced, Freehold	20 Jul 2005	£120,000	First Sale
3 RALEIGH CLOSETerraced, Freehold	04 Feb 2005	£120,000	69.01%
	25 May 2001	£71,000	71.08%
	16 Oct 1995	£41,500	First Sale
28 RALEIGH CLOSEDetached, Freehold	28 Jan 2005	£213,000	First Sale
43 RALEIGH CLOSEDetached, Freehold	08 Apr 2004	£210,000	116.49%
43 RALEIGH CLOSEDetached, Freehold	21 Oct 1997	£97,000	First Sale
31 RALEIGH CLOSESemi-Detached, Freehold	20 Dec 2002	£148,000	92.21%
31 RALEIGH CLOSESemi-Detached, Freehold	05 Sep 1997	£77,000	First Sale
7 RALEIGH CLOSETerraced, FreeholdArea: 54 Sq.mtrAge: 1983-1990	05 Jul 2002	£79,995	37.93%
	03 Dec 1999	£57,995	13.72%
	06 Nov 1998	£51,000	First Sale
41 RALEIGH CLOSEDetached, Freehold	08 May 2002	£210,000	First Sale
17 RALEIGH CLOSETerraced, FreeholdArea: 58 Sq.mtrAge: 1983-1990	02 Nov 2000	£68,000	First Sale
22 RALEIGH CLOSETerraced, Freehold	07 Jun 2000	£60,000	First Sale
4 RALEIGH CLOSETerraced, FreeholdArea: 59 Sq.mtrAge: 1983-1990	18 Feb 2000	£59,995	First Sale
2 RALEIGH CLOSETerraced, Freehold	17 Mar 1997	£44,000	First Sale
29 RALEIGH CLOSEDetached, Freehold	03 Sep 1996	£65,000	First Sale
20 RALEIGH CLOSETerraced, Leasehold	31 Aug 1995	£11,062	First Sale

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

RALEIGH CLOSE, ME5 7SB Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £140,334 median price is £126,000 Standard Deviation is £83,244 with Total Sold: 1,107
- The Last 5 Year average price is £297,335 with Total Sold: 102
- 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 £124,240 median price is £120,000 Standard Deviation is £66,294 with Total Sold: 2,223
- The Last 5 Year average price is £239,838 with Total Sold: 228
- 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 £207,656 median price is £200,000 Standard Deviation is £106,804 with Total Sold: 544
- The Last 5 Year average price is £390,491 with Total Sold: 58
- The most recent sale happened at this postcode is , 19 SWALLOW RISE: £450,000 (Sold on 31 Jul 2024)
- The first recorded sale happened at this postcode is , 57 ROMNEY ROAD: £59,995 (Sold on 20 Jan 1995)
Flat
- The average price is around £84,574 median price is £75,000 Standard Deviation is £42,307 with Total Sold: 154
- The Last 5 Year average price is £129,367 with Total Sold: 15
- 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 £827,883 median price is £276,000 Standard Deviation is £1,582,296 with Total Sold: 12
- The Last 5 Year average price is £1,409,833 with Total Sold: 6
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£330,237	£3,943	9
2023	£304,727	£4,424	22
2022	£303,652	£4,483	23
2021	£296,466	£3,733	29
2020	£266,868	£3,624	19
2019	£258,812	£3,378	24
2018	£239,742	£3,595	31
2017	£242,019	£3,496	27
2016	£235,230	£3,197	37
2015	£207,909	£2,865	22
2014	£173,000	£2,552	21
2013	£155,841	£2,280	22
2012	£159,038	£2,018	13
2011	£158,607	£2,335	14
2010	£161,055	£2,207	18
2009	£142,142	£1,936	21
2008	£157,088	£2,120	17
2007	£162,737	£2,447	46
2006	£159,633	£2,182	59
2005	£138,705	£2,188	46
2004	£139,749	£2,057	56
2003	£123,215	£1,950	61
2002	£103,662	£1,490	73
2001	£85,370	£1,285	64
2000	£75,980	£1,119	60
1999	£66,235	£946	56
1998	£58,092	£855	61
1997	£55,994	£760	64
1996	£51,515	£685	55
1995	£47,999	£746	37

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£246,469	£4,259	16
2023	£269,460	£4,405	34
2022	£251,526	£4,337	58
2021	£225,528	£3,839	71
2020	£224,020	£3,604	49
2019	£203,250	£3,573	51
2018	£200,126	£3,563	50
2017	£211,045	£3,449	78
2016	£195,270	£3,318	66
2015	£164,822	£2,867	66
2014	£146,824	£2,578	74
2013	£129,350	£2,376	65
2012	£130,212	£2,093	50
2011	£126,357	£2,233	35
2010	£125,061	£2,243	30
2009	£120,060	£2,223	33
2008	£137,386	£2,338	44
2007	£140,081	£2,468	117
2006	£137,504	£2,295	127
2005	£129,499	£2,226	90
2004	£117,134	£2,103	114
2003	£107,870	£1,932	115
2002	£86,882	£1,551	114
2001	£69,039	£1,210	119
2000	£58,677	£1,066	138
1999	£50,958	£895	124
1998	£48,619	£850	87
1997	£45,666	£792	88
1996	£40,881	£731	59
1995	£40,596	£719	61

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£392,833		6
2023	£409,083	£4,413	12
2022	£425,600	£4,455	10
2021	£386,474	£3,864	19
2020	£343,955	£3,373	11
2019	£342,846	£3,424	13
2018	£344,536	£3,464	14
2017	£331,417	£3,376	12
2016	£320,817	£3,266	24
2015	£271,656	£2,758	16
2014	£228,958	£2,616	12
2013	£217,042	£2,090	12
2012	£232,192	£2,228	13
2011	£218,167	£2,218	9
2010	£241,892	£2,384	7
2009	£206,429	£1,951	7
2008	£197,529	£1,670	7
2007	£221,397	£2,312	23
2006	£234,052	£2,205	36
2005	£206,354	£1,988	26
2004	£203,641	£2,098	23
2003	£197,022	£2,113	20
2002	£159,997	£1,750	18
2001	£131,966	£1,345	30
2000	£131,259	£1,269	27
1999	£103,123	£1,075	36
1998	£89,589	£1,011	28
1997	£88,467	£844	23
1996	£83,095	£818	25
1995	£77,380	£825	25

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£310,000		1
2023	£120,000	£3,750	1
2022	£126,000	£2,991	6
2021	£108,833	£2,574	3
2020	£107,000	£2,466	4
2019	£128,778	£2,857	9
2018	£130,667	£2,742	6
2017	£156,250	£2,852	2
2016	£122,464	£2,456	7
2015	£87,375	£2,158	6
2014	£90,417	£2,113	3
2013	£80,000	£1,509	1
2012	£82,900	£1,726	5
2011	£82,700	£1,595	5
2010	£75,500	£1,807	2
2009	£82,150	£1,681	5
2008	£92,531	£2,405	8
2007	£87,750	£2,239	4
2006	£86,524	£2,031	8
2005	£82,250	£2,004	4
2004	£93,000	£2,094	6
2003	£77,302	£1,614	12
2002	£66,717	£1,485	9
2001	£46,430	£1,035	13
2000	£46,975	£1,017	8
1999	£29,972	£840	9
1998	£39,417	£801	3
1997	£42,000	£808	1
1996	£40,000		1
1995	£29,000	£624	2

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	£126,800	£2,688	2
2017	£267,333	£3,328	3
2016	£420,000	£2,727	1

House Type in ME5 7SB area

The most common house types in the ME5 7SB postcode area are Terraced (83), Semi-detached (30), and Detached (21).

Total	134
Terraced	83
Semi-detached	30
Detached	21
Flat	0
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 (51), and Owned: Owns outright (38).

Owned: Owns with a mortgage or loan	51
Owned: Owns outright	38
Private rented: Private landlord or letting agency	36
Social rented: Other social rented	6
Social rented: Rents from council or Local Authority	1
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the ME5 7SB have 2 people in household (49), and 1 person in household (40).

2 people in household	49
1 person in household	40
3 people in household	21
4 people in household	19
5 people in household	4
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0