Housing Market Analysis for URQUHART CLOSE, ME5 7SD

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

Overview of Sold House prices

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

Terraced
- The average price is around £165,556 median price is £163,000 Standard Deviation is £88,525 with Total Sold: 9
- The Last 5 Year average price is £284,750 with Total Sold: 2
- The most recent sale happened at this postcode is 8 URQUHART CLOSE: £233,000 (Sold on 24 Nov 2023)
- The first recorded sale happened at this postcode is 2 URQUHART CLOSE: £50,000 (Sold on 12 Sep 1996)
Semi-Detached
- The average price is around £121,714 median price is £96,000 Standard Deviation is £74,995 with Total Sold: 7
- The Last 5 Year average price is £267,000 with Total Sold: 1
- The most recent sale happened at this postcode is 7 URQUHART CLOSE: £267,000 (Sold on 14 Feb 2020)
- The first recorded sale happened at this postcode is 5 URQUHART CLOSE: £55,500 (Sold on 26 Jan 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 7SD 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	£233,000	£3,585	1
2022	£336,500	£5,022	1
2016	£230,000	£3,433	1
2015	£84,000	£1,254	1
2014	£163,000	£2,470	1
2009	£150,000	£2,273	1
2007	£187,000	£2,922	1
1997	£56,500	£843	1
1996	£50,000	£746	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£267,000	£3,608	1
2016	£150,000	£2,174	1
2012	£43,000	£642	1
2006	£176,000	£2,551	1
2000	£96,000	£1,391	1
1997	£64,500	£872	1
1996	£55,500		1

All the Sales in the URQUHART CLOSE, ME5 7SD

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

Address	Sold Date	Price	% Change
8 URQUHART CLOSETerraced, LeaseholdArea: 65 Sq.mtrAge: 1983-1990	24 Nov 2023	£233,000	First Sale
2 URQUHART CLOSETerraced, FreeholdArea: 67 Sq.mtrAge: 1983-1990	11 Nov 2022	£336,500	46.30%
	09 Jun 2016	£230,000	307.08%
	08 Aug 1997	£56,500	13.00%
	12 Sep 1996	£50,000	First Sale
7 URQUHART CLOSESemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1983-1990	14 Feb 2020	£267,000	313.95%
	12 Dec 1997	£64,500	First Sale
9 URQUHART CLOSESemi-Detached, FreeholdArea: 69 Sq.mtrAge: 1976-1982	23 Jun 2016	£150,000	-14.77%
	16 Nov 2006	£176,000	83.33%
	27 Oct 2000	£96,000	First Sale
6 URQUHART CLOSETerraced, LeaseholdArea: 67 Sq.mtrAge: 1983-1990	15 Jul 2015	£84,000	95.35%
	10 Sep 2012	£43,000	First Sale
3 URQUHART CLOSETerraced, FreeholdArea: 66 Sq.mtrAge: 1983-1990	11 Jul 2014	£163,000	8.67%
	16 Oct 2009	£150,000	First Sale
1 URQUHART CLOSETerraced, FreeholdArea: 64 Sq.mtrAge: 1983-1990	31 Aug 2007	£187,000	First Sale
5 URQUHART CLOSESemi-Detached, Freehold	26 Jan 1996	£55,500	First Sale

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

URQUHART CLOSE, ME5 7SD Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £167,691 median price is £157,000 Standard Deviation is £95,166 with Total Sold: 994
- The Last 5 Year average price is £317,641 with Total Sold: 156
- The most recent sale happened at this postcode is , 9 EARL CLOSE: £330,000 (Sold on 18 Sep 2024)
- The first recorded sale happened at this postcode is , 66 SUNDRIDGE DRIVE: £60,000 (Sold on 16 Feb 1995)
Terraced
- The average price is around £141,690 median price is £135,000 Standard Deviation is £74,235 with Total Sold: 1,407
- The Last 5 Year average price is £251,571 with Total Sold: 216
- The most recent sale happened at this postcode is , 169 SUNDRIDGE DRIVE: £225,000 (Sold on 22 Aug 2024)
- The first recorded sale happened at this postcode is , 127 PRINCES AVENUE: £38,000 (Sold on 06 Jan 1995)
Detached
- The average price is around £222,122 median price is £215,000 Standard Deviation is £109,611 with Total Sold: 710
- The Last 5 Year average price is £380,929 with Total Sold: 102
- 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)
Flat
- The average price is around £92,025 median price is £81,750 Standard Deviation is £55,946 with Total Sold: 128
- The Last 5 Year average price is £151,600 with Total Sold: 20
- 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 , 16 WETHERAL DRIVE: £32,000 (Sold on 12 May 1995)
Other
- The average price is around £166,177 median price is £110,000 Standard Deviation is £195,388 with Total Sold: 11
- The Last 5 Year average price is £448,333 with Total Sold: 3
- The most recent sale happened at this postcode is , 39 RAMILLIES CLOSE: £415,000 (Sold on 16 Dec 2022)
- The first recorded sale happened at this postcode is , 62 SILVERWEED ROAD: £50,000 (Sold on 01 May 2015)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£355,429	£3,700	14
2023	£325,944	£3,868	18
2022	£348,015	£3,969	34
2021	£313,154	£3,631	39
2020	£298,926	£3,593	27
2019	£274,688	£3,388	24
2018	£283,292	£3,381	24
2017	£274,796	£3,236	27
2016	£251,484	£3,044	25
2015	£234,759	£2,708	27
2014	£194,193	£2,493	16
2013	£178,863	£2,234	22
2012	£163,955	£1,828	11
2011	£174,078	£2,192	16
2010	£179,361	£2,072	18
2009	£163,416	£1,993	18
2008	£181,857	£2,186	21
2007	£183,063	£2,283	50
2006	£172,179	£2,065	49
2005	£169,695	£1,987	31
2004	£152,900	£1,989	45
2003	£155,779	£1,840	50
2002	£124,239	£1,487	49
2001	£102,326	£1,270	52
2000	£88,899	£1,038	41
1999	£76,507	£928	56
1998	£70,810	£826	48
1997	£60,674	£773	53
1996	£59,909	£653	52
1995	£56,256	£742	37

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£238,200	£4,386	10
2023	£276,524	£3,955	40
2022	£276,130	£3,918	46
2021	£252,581	£3,457	51
2020	£217,371	£3,186	29
2019	£225,225	£3,202	40
2018	£229,756	£3,287	40
2017	£228,482	£2,990	40
2016	£201,096	£3,034	57
2015	£187,118	£2,661	49
2014	£159,460	£2,301	50
2013	£137,354	£2,056	36
2012	£139,445	£1,941	33
2011	£140,217	£1,988	23
2010	£144,576	£2,011	25
2009	£139,816	£2,056	19
2008	£155,419	£2,169	31
2007	£150,460	£2,294	71
2006	£148,826	£2,120	70
2005	£134,416	£1,920	52
2004	£126,784	£1,916	74
2003	£113,976	£1,729	65
2002	£98,492	£1,477	65
2001	£76,614	£1,121	81
2000	£67,212	£1,010	68
1999	£56,104	£820	69
1998	£51,647	£775	54
1997	£48,400	£758	58
1996	£43,363	£675	22
1995	£44,743	£640	39

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£431,429	£3,740	7
2023	£395,100	£4,424	15
2022	£427,633	£4,187	15
2021	£357,938	£3,530	20
2020	£353,316	£3,443	19
2019	£370,077	£3,654	26
2018	£357,925	£3,529	20
2017	£346,052	£3,272	19
2016	£311,159	£3,183	29
2015	£295,413	£2,790	23
2014	£249,109	£2,231	23
2013	£252,818	£2,130	22
2012	£215,821	£2,357	14
2011	£205,737	£2,297	19
2010	£250,788	£2,201	13
2009	£206,550	£1,854	10
2008	£243,136	£2,574	11
2007	£246,500	£2,506	32
2006	£229,793	£2,181	38
2005	£221,865	£2,191	32
2004	£212,878	£2,035	33
2003	£200,649	£1,934	20
2002	£171,739	£1,814	28
2001	£142,146	£1,423	43
2000	£123,736	£1,193	37
1999	£103,754	£1,040	38
1998	£91,638	£898	29
1997	£87,306	£866	30
1996	£84,125	£832	23
1995	£75,761	£791	22

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£179,167	£3,211	6
2022	£147,643	£2,670	7
2021	£160,167	£3,582	3
2020	£126,500	£3,509	2
2019	£95,000	£2,310	2
2018	£195,000	£2,779	5
2017	£191,071	£2,789	7
2016	£123,167	£2,616	3
2015	£68,500	£1,468	2
2014	£82,498	£1,885	2
2013	£80,000	£1,798	2
2012	£108,500	£2,015	4
2011	£70,000	£1,591	1
2009	£88,750	£1,710	2
2008	£104,000	£1,889	5
2007	£99,125	£2,064	4
2006	£82,125	£1,882	8
2005	£86,333	£1,855	3
2004	£94,700	£1,762	5
2003	£76,048	£1,654	13
2002	£56,722	£1,401	9
2001	£41,402	£1,046	12
2000	£40,811	£1,129	8
1999	£24,150	£412	5
1998	£21,333	£512	3
1997	£6,000		1
1996	£28,000	£651	1
1995	£24,833	£449	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£345,000	£4,539	2
2020	£655,000	£9,924	1
2018	£120,000		2
2017	£45,833	£446	3
2016	£450	£5	1
2015	£52,500		2

House Type in ME5 7SD area

The most common house types in the ME5 7SD postcode area are Detached (42), Terraced (34), and Semi-detached (22).

Total	99
Detached	42
Terraced	34
Semi-detached	22
Shared house	1
Flat	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 (56), and Owned: Owns outright (32).

Owned: Owns with a mortgage or loan	56
Owned: Owns outright	32
Private rented: Private landlord or letting agency	9
Shared ownership: Shared ownership	1
Social rented: Rents from council or Local Authority	1
Social rented: Other social rented	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 7SD have 2 people in household (29), and 4 people in household (27).

2 people in household	29
4 people in household	27
3 people in household	15
5 people in household	12
1 person in household	10
6 people in household	6
7 people in household	3
0 people in household	0
8 or more people in household	0