Housing Market Analysis for SPINDLEWOOD CLOSE, ME5 8DS

Are you looking to understand ME5 8DS 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 8DS area, explore the ME5 8DS Area information page.
For comprehensive crime statistics in the ME5 8DS area, explore the ME5 8DS Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME5 8DS postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £155,442 median price is £154,000 Standard Deviation is £94,946 with Total Sold: 13
- The Last 5 Year average price is £257,500 with Total Sold: 2
- The most recent sale happened at this postcode is 8A SPINDLEWOOD CLOSE: £250,000 (Sold on 29 Sep 2021)
- The first recorded sale happened at this postcode is 8B SPINDLEWOOD CLOSE: £49,000 (Sold on 26 Jun 1998)
Flat
- The average price is around £72,000 median price is £70,250 Standard Deviation is £31,987 with Total Sold: 8
- The most recent sale happened at this postcode is 5 SPINDLEWOOD CLOSE: £119,500 (Sold on 13 Nov 2006)
- The first recorded sale happened at this postcode is 7 SPINDLEWOOD CLOSE: £27,000 (Sold on 17 Jun 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 8DS 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£250,000	£3,846	1
2019	£265,000	£3,272	1
2018	£325,000	£3,930	1
2015	£290,000	£1,801	1
2011	£154,000	£1,828	1
2010	£170,000	£2,038	1
2007	£159,000		1
2001	£118,750	£1,436	1
2000	£62,500	£938	2
1999	£59,995		1
1998	£51,998	£806	2

House Type: Flat

Year	Avg. Price	Sold
2006	£107,750	2
2005	£105,000	1
2003	£85,500	1
2001	£55,000	1
2000	£54,000	1
1998	£34,000	1
1997	£27,000	1

All the Sales in the SPINDLEWOOD CLOSE, ME5 8DS

See the table below for more details on the sold house prices in the ME5 8DS, Medway postcode.

Address	Sold Date	Price	% Change
8A SPINDLEWOOD CLOSESemi-Detached, FreeholdArea: 65 Sq.mtrAge: 1983-1990	29 Sep 2021	£250,000	354.59%
	21 Aug 1998	£54,995	First Sale
2 SPINDLEWOOD CLOSESemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1930-1949	06 Mar 2019	£265,000	First Sale
4 SPINDLEWOOD CLOSESemi-Detached, FreeholdArea: 82.69 Sq.mtrAge: 1950-1966	20 Jul 2018	£325,000	173.68%
	06 Aug 2001	£118,750	First Sale
1 SPINDLEWOOD CLOSESemi-Detached, FreeholdArea: 161 Sq.mtrAge: 1950-1966	01 Sep 2015	£290,000	First Sale
8D SPINDLEWOOD CLOSESemi-Detached, FreeholdArea: 84.23 Sq.mtrAge: 1983-1990	27 May 2011	£154,000	First Sale
3 SPINDLEWOOD CLOSESemi-Detached, FreeholdArea: 83.4 Sq.mtrAge: 1950-1966	29 Jul 2010	£170,000	First Sale
8C SPINDLEWOOD CLOSESemi-Detached, Freehold	06 Dec 2007	£159,000	144.62%
8C SPINDLEWOOD CLOSESemi-Detached, Freehold	12 Jan 2000	£65,000	First Sale
5 SPINDLEWOOD CLOSEFlat, Leasehold	13 Nov 2006	£119,500	24.48%
5 SPINDLEWOOD CLOSEFlat, Leasehold	08 May 2006	£96,000	First Sale
6 SPINDLEWOOD CLOSEFlat, Leasehold	24 Jun 2005	£105,000	22.81%
	19 Feb 2003	£85,500	58.33%
	08 Sep 2000	£54,000	First Sale
7 SPINDLEWOOD CLOSEFlat, Leasehold	12 Apr 2001	£55,000	61.76%
	06 Nov 1998	£34,000	25.93%
	17 Jun 1997	£27,000	First Sale
8B SPINDLEWOOD CLOSESemi-Detached, FreeholdArea: 64 Sq.mtrAge: 1991-1995	11 Aug 2000	£60,000	22.45%
	26 Jun 1998	£49,000	First Sale
10 SPINDLEWOOD CLOSESemi-Detached, Freehold	21 May 1999	£59,995	First Sale

Check out the sold house prices near the ME5 8DS postcode. Properties currently for saleProperties currently for rent

SPINDLEWOOD CLOSE, ME5 8DS Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME5 8DS 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 8DS postcode.

Semi-Detached
- The average price is around £170,043 median price is £160,000 Standard Deviation is £92,984 with Total Sold: 1,578
- The Last 5 Year average price is £309,444 with Total Sold: 251
- 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 , 12 CROYDON CLOSE: £52,500 (Sold on 06 Jan 1995)
Detached
- The average price is around £228,250 median price is £215,000 Standard Deviation is £119,677 with Total Sold: 410
- The Last 5 Year average price is £389,140 with Total Sold: 75
- The most recent sale happened at this postcode is , 56A DARGETS ROAD: £424,500 (Sold on 11 Sep 2024)
- The first recorded sale happened at this postcode is , 5 TADBURN GREEN: £65,000 (Sold on 19 May 1995)
Terraced
- The average price is around £143,439 median price is £136,000 Standard Deviation is £73,365 with Total Sold: 1,206
- The Last 5 Year average price is £256,185 with Total Sold: 189
- The most recent sale happened at this postcode is , 22 BROMLEY CLOSE: £275,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 127 PRINCES AVENUE: £38,000 (Sold on 06 Jan 1995)
Flat
- The average price is around £98,459 median price is £94,000 Standard Deviation is £85,695 with Total Sold: 511
- The Last 5 Year average price is £196,717 with Total Sold: 71
- The most recent sale happened at this postcode is , 2 HORNBEAM AVENUE: £95,000 (Sold on 21 Aug 2024)
- The first recorded sale happened at this postcode is 2, KATHERINE COURT DARGETS ROAD: £30,000 (Sold on 28 Apr 1995)
Other
- The average price is around £167,058 median price is £110,000 Standard Deviation is £171,597 with Total Sold: 18
- The Last 5 Year average price is £234,143 with Total Sold: 7
- The most recent sale happened at this postcode is , 7I SMITH ROAD: £100,000 (Sold on 05 Feb 2024)
- The first recorded sale happened at this postcode is GARAGE, 3 SAVAGE ROAD: £1,000 (Sold on 26 Aug 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£324,105	£4,127	19
2023	£319,266	£4,184	47
2022	£353,736	£3,916	45
2021	£316,405	£3,429	54
2020	£267,369	£3,613	42
2019	£278,943	£3,284	44
2018	£280,878	£3,461	45
2017	£263,520	£3,137	54
2016	£260,634	£2,842	42
2015	£221,043	£2,653	60
2014	£201,739	£2,420	38
2013	£179,036	£2,237	41
2012	£170,613	£2,047	33
2011	£165,759	£2,139	27
2010	£179,143	£2,073	21
2009	£163,357	£2,092	35
2008	£175,467	£2,106	31
2007	£178,476	£2,228	71
2006	£172,055	£1,974	71
2005	£163,611	£1,961	64
2004	£155,986	£1,964	74
2003	£141,484	£1,759	67
2002	£112,764	£1,464	81
2001	£103,395	£1,219	77
2000	£87,715	£1,060	67
1999	£70,522	£845	74
1998	£66,284	£808	69
1997	£58,648	£748	71
1996	£55,701	£649	62
1995	£53,558	£690	52

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£422,571	£4,217	7
2023	£361,357	£4,206	7
2022	£401,875	£4,456	12
2021	£430,087	£3,942	23
2020	£331,577	£3,449	13
2019	£359,462	£3,177	13
2018	£345,111	£3,047	9
2017	£400,000	£2,827	5
2016	£293,571	£3,172	14
2015	£287,679	£2,705	14
2014	£265,190	£2,519	21
2013	£224,750	£2,314	12
2012	£235,107	£2,334	14
2011	£225,750	£2,365	8
2010	£244,929	£2,421	7
2009	£227,450	£2,806	10
2008	£226,000	£2,985	2
2007	£236,318	£2,361	22
2006	£225,326	£2,189	19
2005	£213,167	£1,801	6
2004	£201,478	£2,004	23
2003	£181,124	£1,952	16
2002	£156,097	£1,628	23
2001	£145,404	£1,312	21
2000	£119,000	£1,100	16
1999	£102,287	£866	19
1998	£86,412	£844	17
1997	£97,999	£719	15
1996	£80,961	£829	13
1995	£63,917	£654	9

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£248,857	£2,363	7
2023	£280,093	£3,816	32
2022	£286,600	£4,073	30
2021	£250,993	£3,455	50
2020	£242,554	£3,218	37
2019	£230,055	£3,153	33
2018	£222,917	£3,116	33
2017	£220,297	£3,108	33
2016	£214,640	£2,844	43
2015	£187,568	£2,695	40
2014	£164,392	£2,315	51
2013	£146,883	£2,049	30
2012	£147,145	£1,930	31
2011	£136,929	£1,947	14
2010	£142,620	£1,902	28
2009	£129,728	£1,851	23
2008	£148,940	£2,212	25
2007	£152,681	£2,079	61
2006	£149,138	£1,828	54
2005	£136,204	£1,905	38
2004	£125,875	£1,903	64
2003	£119,764	£1,600	55
2002	£100,757	£1,368	51
2001	£80,846	£1,096	80
2000	£67,791	£967	55
1999	£58,246	£802	61
1998	£55,792	£745	46
1997	£49,048	£686	39
1996	£44,087	£653	31
1995	£42,619	£597	31

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£184,500	£3,613	8
2023	£303,231	£3,475	13
2022	£185,304	£3,242	17
2021	£165,544	£3,013	17
2020	£168,167	£3,547	6
2019	£157,550	£2,951	10
2018	£161,333	£3,317	12
2017	£146,810	£2,621	21
2016	£143,173	£2,575	11
2015	£126,214	£2,164	7
2014	£121,650	£2,207	20
2013	£107,038	£1,795	13
2012	£103,912	£1,770	17
2011	£91,929	£1,924	7
2010	£110,062	£1,790	8
2009	£101,000	£1,764	5
2008	£116,208	£1,886	12
2007	£116,808	£2,085	12
2006	£105,117	£1,889	31
2005	£101,649	£1,809	20
2004	£96,359	£1,865	25
2003	£86,344	£1,607	24
2002	£66,046	£1,264	40
2001	£48,093	£897	32
2000	£44,424	£834	34
1999	£37,301	£758	24
1998	£34,760	£635	25
1997	£30,964	£543	17
1996	£29,056	£425	9
1995	£31,143	£631	14

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£100,000		1
2023	£288,000	£4,067	3
2022	£275,000	£3,618	1
2019	£200,000	£3,020	2
2018	£400,000	£2,683	2
2017	£71,300	£1,061	5
2016	£52,888	£1,252	4

House Type in ME5 8DS area

The most common house types in the ME5 8DS postcode area are Semi-detached (70), Flat (39), and Terraced (11).

Total	130
Semi-detached	70
Flat	39
Terraced	11
Detached	7
Shared house	3
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 (53), and Owned: Owns outright (47).

Owned: Owns with a mortgage or loan	53
Owned: Owns outright	47
Private rented: Private landlord or letting agency	24
Private rented: Other private rented	3
Shared ownership: Shared ownership	1
Social rented: Rents from council or Local Authority	1
Social rented: Other social rented	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the ME5 8DS have 2 people in household (45), and 1 person in household (30).

2 people in household	45
1 person in household	30
3 people in household	28
4 people in household	15
5 people in household	8
6 people in household	3
0 people in household	0
7 people in household	0
8 or more people in household	0