Housing Market Analysis for DEVON CLOSE, ME5 7SJ

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

Overview of Sold House prices

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

Terraced
- The average price is around £130,268 median price is £127,500 Standard Deviation is £54,409 with Total Sold: 22
- The Last 5 Year average price is £221,000 with Total Sold: 3
- The most recent sale happened at this postcode is 67 DEVON CLOSE: £195,000 (Sold on 24 Apr 2024)
- The first recorded sale happened at this postcode is 32 DEVON CLOSE: £44,500 (Sold on 20 Nov 1998)
Flat
- The average price is around £48,250 median price is £47,000 Standard Deviation is £18,579 with Total Sold: 4
- The most recent sale happened at this postcode is 27 DEVON CLOSE: £71,000 (Sold on 01 Nov 2013)
- The first recorded sale happened at this postcode is 29 DEVON CLOSE: £28,000 (Sold on 28 Apr 2000)
Semi-Detached
- The average price is around £59,488 median price is £52,475 Standard Deviation is £22,285 with Total Sold: 4
- The most recent sale happened at this postcode is 22 DEVON CLOSE: £94,000 (Sold on 07 Mar 2003)
- The first recorded sale happened at this postcode is 22 DEVON CLOSE: £40,700 (Sold on 10 Jul 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 7SJ 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
2024	£195,000		1
2021	£234,000	£2,628	2
2016	£200,000	£2,655	2
2011	£128,333	£1,301	3
2007	£147,500	£1,610	2
2006	£129,967	£1,465	3
2004	£123,500	£1,746	2
2002	£83,665	£878	3
2000	£63,498	£940	3
1998	£44,500	£416	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2013	£71,000	£1,479	1
2011	£62,000	£1,292	1
2000	£30,000		2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2003	£94,000	£989	1
2001	£51,625	£433	2
1998	£40,700	£428	1

All the Sales in the DEVON CLOSE, ME5 7SJ

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

Address	Sold Date	Price	% Change
67 DEVON CLOSETerraced, Freehold	24 Apr 2024	£195,000	-2.50%
	23 Aug 2016	£200,000	70.94%
	09 Sep 2004	£117,000	85.73%
	28 Jul 2000	£62,995	First Sale
75 DEVON CLOSETerraced, FreeholdArea: 88 Sq.mtrAge: 1967-1975	28 May 2021	£222,000	70.77%
	28 Apr 2006	£130,000	64.56%
	03 May 2002	£79,000	First Sale
77 DEVON CLOSETerraced, FreeholdArea: 90 Sq.mtrAge: 1976-1982	24 May 2021	£246,000	First Sale
34 DEVON CLOSETerraced, FreeholdArea: 86 Sq.mtrAge: 1967-1975	18 Oct 2016	£200,000	47.06%
	19 Dec 2011	£136,000	0.74%
	30 Mar 2007	£135,000	8.00%
	10 Feb 2006	£125,000	First Sale
27 DEVON CLOSEFlat, LeaseholdArea: 48 Sq.mtrAge: 1967-1975	01 Nov 2013	£71,000	14.52%
27 DEVON CLOSEFlat, LeaseholdArea: 48 Sq.mtrAge: 1967-1975	01 Jul 2011	£62,000	First Sale
26 DEVON CLOSETerraced, FreeholdArea: 107.22 Sq.mtrAge: 1967-1975	17 Mar 2011	£124,500	0.0
	15 Feb 2011	£124,500	35.33%
	02 Aug 2002	£91,995	First Sale
69 DEVON CLOSETerraced, FreeholdArea: 97 Sq.mtrAge: 1950-1966	29 Nov 2007	£160,000	First Sale
28 DEVON CLOSETerraced, Freehold	20 Sep 2006	£134,900	60.60%
28 DEVON CLOSETerraced, Freehold	29 May 2000	£84,000	First Sale
12 DEVON CLOSETerraced, Freehold	15 Jul 2004	£130,000	62.50%
	30 May 2002	£80,000	83.91%
	21 Jan 2000	£43,500	First Sale
22 DEVON CLOSESemi-Detached, FreeholdArea: 95 Sq.mtrAge: 1950-1966	07 Mar 2003	£94,000	130.96%
	10 Jul 1998	£40,700	First Sale
79 DEVON CLOSESemi-Detached, Freehold	02 Feb 2001	£64,250	First Sale
20 DEVON CLOSESemi-Detached, FreeholdArea: 90 Sq.mtrAge: 1967-1975	15 Jan 2001	£39,000	First Sale
63 DEVON CLOSEFlat, Leasehold	28 Jun 2000	£32,000	First Sale
29 DEVON CLOSEFlat, Leasehold	28 Apr 2000	£28,000	First Sale
32 DEVON CLOSETerraced, FreeholdArea: 107 Sq.mtrAge: 1950-1966	20 Nov 1998	£44,500	First Sale

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

DEVON CLOSE, ME5 7SJ Near By properties

Interactive Map

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

Terraced
- The average price is around £140,355 median price is £128,000 Standard Deviation is £74,410 with Total Sold: 547
- The Last 5 Year average price is £243,586 with Total Sold: 111
- The most recent sale happened at this postcode is , 73 KINGFISHER DRIVE: £290,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 30 SOMERSET CLOSE: £39,000 (Sold on 20 Jan 1995)
Flat
- The average price is around £77,267 median price is £79,498 Standard Deviation is £36,540 with Total Sold: 178
- The Last 5 Year average price is £111,554 with Total Sold: 36
- The most recent sale happened at this postcode is FLAT 20, KINGSDALE COURT HOPEWELL DRIVE: £77,500 (Sold on 29 Jul 2024)
- The first recorded sale happened at this postcode is FLAT 19, KINGSDALE COURT HOPEWELL DRIVE: £18,750 (Sold on 07 Feb 1995)
Semi-Detached
- The average price is around £154,323 median price is £148,000 Standard Deviation is £87,463 with Total Sold: 632
- The Last 5 Year average price is £282,891 with Total Sold: 97
- The most recent sale happened at this postcode is , 99 CRESTWAY: £265,550 (Sold on 07 Jun 2024)
- The first recorded sale happened at this postcode is , 65 DOWNSVIEW: £57,000 (Sold on 12 Jan 1995)
Detached
- The average price is around £255,810 median price is £219,998 Standard Deviation is £150,765 with Total Sold: 82
- The Last 5 Year average price is £494,958 with Total Sold: 12
- The most recent sale happened at this postcode is , 34 BARLEYMOW CLOSE: £610,000 (Sold on 14 Mar 2024)
- The first recorded sale happened at this postcode is , 43 BARLEYMOW CLOSE: £120,000 (Sold on 20 Jan 1995)
Other
- The average price is around £1,533,579 median price is £375,000 Standard Deviation is £2,445,541 with Total Sold: 5
- The Last 5 Year average price is £2,260,966 with Total Sold: 3
- The most recent sale happened at this postcode is , 96 HOPEWELL DRIVE: £6,418,202 (Sold on 14 Feb 2023)
- The first recorded sale happened at this postcode is , 111 HOPEWELL DRIVE: £375,000 (Sold on 11 Jun 2015)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£262,500	£2,841	8
2023	£272,082	£3,464	10
2022	£260,402	£3,371	23
2021	£253,238	£3,252	21
2020	£226,300	£2,798	20
2019	£220,138	£2,779	29
2018	£229,962	£3,098	13
2017	£213,325	£2,553	20
2016	£199,210	£2,494	19
2015	£173,363	£2,191	11
2014	£157,591	£1,865	16
2013	£133,974	£1,601	19
2012	£126,750	£1,683	8
2011	£124,113	£1,415	11
2010	£123,333	£1,619	6
2009	£124,100	£1,429	10
2008	£151,833	£1,732	15
2007	£135,023	£1,744	27
2006	£132,901	£1,562	27
2005	£131,409	£1,492	11
2004	£119,302	£1,473	26
2003	£113,365	£1,273	31
2002	£86,225	£1,070	23
2001	£69,410	£809	31
2000	£61,656	£704	33
1999	£51,090	£626	22
1998	£48,583	£563	15
1997	£45,400	£534	17
1996	£40,960	£482	12
1995	£38,615	£472	13

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£76,167	£2,168	3
2023	£118,562	£2,355	8
2022	£109,833	£2,243	9
2021	£126,939	£2,436	9
2020	£103,000	£2,174	6
2019	£90,000	£2,093	1
2018	£109,600	£2,405	5
2017	£114,500	£2,164	5
2016	£82,583	£1,884	6
2015	£75,400	£1,510	5
2014	£69,328	£1,468	9
2013	£62,000	£1,342	2
2012	£63,875	£1,416	4
2011	£86,667	£1,590	3
2009	£93,062	£1,706	4
2008	£114,000	£1,914	4
2007	£96,917	£2,007	12
2006	£93,625	£1,964	8
2005	£90,248	£1,993	6
2004	£89,124	£1,711	8
2003	£69,181	£1,392	11
2002	£49,026	£903	9
2001	£44,500	£903	5
2000	£38,718	£785	8
1999	£28,103	£615	12
1998	£26,999	£594	5
1997	£24,200	£531	5
1996	£29,648	£676	3
1995	£23,250	£515	3

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£246,850		3
2023	£309,675	£3,959	20
2022	£317,686	£3,782	20
2021	£274,623	£3,315	22
2020	£259,559	£3,241	17
2019	£246,567	£3,014	15
2018	£252,333	£3,085	30
2017	£252,143	£3,155	14
2016	£244,641	£2,938	16
2015	£207,857	£2,447	35
2014	£179,169	£2,308	20
2013	£146,423	£2,083	13
2012	£154,400	£2,033	10
2011	£161,000	£2,294	7
2010	£155,000	£1,917	6
2009	£159,000	£1,932	7
2008	£180,692	£1,965	12
2007	£169,897	£2,075	39
2006	£156,812	£1,942	24
2005	£140,487	£1,908	19
2004	£147,666	£1,786	18
2003	£129,369	£1,619	26
2002	£109,187	£1,314	37
2001	£81,719	£996	27
2000	£75,740	£902	28
1999	£60,677	£798	25
1998	£56,248	£654	37
1997	£54,298	£658	40
1996	£46,074	£584	23
1995	£52,545	£546	22

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£451,000		2
2023	£625,000	£3,765	1
2022	£642,500	£4,911	2
2021	£427,500	£4,096	2
2020	£413,333	£2,788	3
2019	£516,250	£2,948	2
2018	£442,500	£3,135	2
2017	£327,917	£2,990	6
2016	£397,500	£4,032	2
2015	£331,000	£3,289	2
2014	£214,998	£2,721	2
2013	£205,000	£1,835	5
2012	£209,500	£1,219	4
2011	£257,167	£1,968	3
2010	£320,000	£2,354	2
2009	£320,000	£1,288	1
2008	£315,000	£1,898	1
2007	£282,500	£2,232	2
2006	£237,700	£1,452	5
2005	£184,667	£1,989	3
2003	£244,999	£1,418	4
2002	£160,000	£1,326	4
2001	£109,998	£1,207	6
2000	£171,500		1
1999	£111,421	£923	7
1998	£119,995	£828	1
1997	£93,998	£697	2
1996	£105,250	£617	4
1995	£120,000	£648	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£6,418,202		1
2019	£182,348	£2,767	2
2016	£510,000		1
2015	£375,000		1

House Type in ME5 7SJ area

The most common house types in the ME5 7SJ postcode area are Flat (49), Terraced (46), and Semi-detached (21).

Total	118
Flat	49
Terraced	46
Semi-detached	21
Detached	2
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 (48), and Owned: Owns with a mortgage or loan (24).

Social rented: Other social rented	48
Owned: Owns with a mortgage or loan	24
Social rented: Rents from council or Local Authority	18
Owned: Owns outright	14
Private rented: Private landlord or letting agency	13
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 7SJ have 1 person in household (51), and 2 people in household (31).

1 person in household	51
2 people in household	31
4 people in household	20
3 people in household	7
5 people in household	5
7 people in household	1
0 people in household	0
6 people in household	0
8 or more people in household	0