Housing Market Analysis for TYNE CLOSE, ME5 8JQ

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £209,500 median price is £216,998 Standard Deviation is £91,119 with Total Sold: 18
- The Last 5 Year average price is £282,833 with Total Sold: 6
- The most recent sale happened at this postcode is 4 TYNE CLOSE: £305,000 (Sold on 09 Jan 2023)
- The first recorded sale happened at this postcode is 15 TYNE CLOSE: £57,500 (Sold on 16 Oct 1995)
Detached
- The average price is around £260,750 median price is £256,500 Standard Deviation is £12,316 with Total Sold: 4
- The most recent sale happened at this postcode is 10 TYNE CLOSE: £280,000 (Sold on 01 Sep 2014)
- The first recorded sale happened at this postcode is 11 TYNE CLOSE: £263,000 (Sold on 09 Nov 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 8JQ 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
2023	£305,000	£4,692	1
2021	£298,500	£4,770	2
2020	£257,500	£5,729	2
2019	£280,000	£3,889	1
2018	£296,000	£3,943	2
2014	£225,000	£2,440	2
2012	£178,000	£2,479	1
2011	£135,000	£2,584	1
2006	£167,500	£1,948	1
2004	£226,995		1
2003	£140,000	£1,950	1
2000	£70,000	£1,077	1
1996	£57,000		1
1995	£57,500	£1,250	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2014	£280,000	£2,314	1
2013	£250,000	£2,427	1
2009	£250,000	£1,880	1
2006	£263,000	£1,977	1

All the Sales in the TYNE CLOSE, ME5 8JQ

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

Address	Sold Date	Price	% Change
4 TYNE CLOSESemi-Detached, FreeholdArea: 65 Sq.mtrAge: 1983-1990	09 Jan 2023	£305,000	First Sale
8 TYNE CLOSESemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1976-1982	02 Nov 2021	£340,000	102.99%
	30 Mar 2006	£167,500	First Sale
17 TYNE CLOSESemi-Detached, FreeholdArea: 46 Sq.mtrAge: 1976-1982	28 Jun 2021	£257,000	First Sale
15 TYNE CLOSESemi-Detached, FreeholdArea: 46 Sq.mtrAge: 1983-1990	30 Jun 2020	£250,000	334.78%
	16 Oct 1995	£57,500	First Sale
16 TYNE CLOSESemi-Detached, FreeholdArea: 44 Sq.mtrAge: 1976-1982	30 Jun 2020	£265,000	28.02%
	23 Mar 2018	£207,000	First Sale
2 TYNE CLOSESemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1976-1982	08 Feb 2019	£280,000	First Sale
3 TYNE CLOSESemi-Detached, FreeholdArea: 121 Sq.mtrAge: 1976-1982	24 Oct 2018	£385,000	57.14%
	11 Jul 2014	£245,000	First Sale
7 TYNE CLOSESemi-Detached, FreeholdArea: 71.8 Sq.mtrAge: 1976-1982	19 Sep 2014	£205,000	15.17%
	24 Aug 2012	£178,000	27.14%
	12 Jun 2003	£140,000	First Sale
10 TYNE CLOSEDetached, FreeholdArea: 121 Sq.mtrAge: 1976-1982	01 Sep 2014	£280,000	First Sale
12 TYNE CLOSEDetached, FreeholdArea: 103 Sq.mtrAge: 1983-1990	22 Mar 2013	£250,000	First Sale
18 TYNE CLOSESemi-Detached, FreeholdArea: 52.25 Sq.mtrAge: 1967-1975	14 Oct 2011	£135,000	First Sale
11 TYNE CLOSEDetached, FreeholdArea: 133 Sq.mtrAge: 1983-1990	15 May 2009	£250,000	-4.94%
	09 Nov 2006	£263,000	First Sale
9 TYNE CLOSESemi-Detached, Freehold	04 Jun 2004	£226,995	First Sale
5 TYNE CLOSESemi-Detached, FreeholdArea: 65 Sq.mtrAge: 1983-1990	24 May 2000	£70,000	First Sale
19 TYNE CLOSESemi-Detached, Freehold	02 Feb 1996	£57,000	First Sale

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

TYNE CLOSE, ME5 8JQ Near By properties

Interactive Map

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

Terraced
- The average price is around £131,245 median price is £126,000 Standard Deviation is £70,255 with Total Sold: 1,519
- The Last 5 Year average price is £247,056 with Total Sold: 197
- 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 , 33 BURMARSH CLOSE: £42,500 (Sold on 20 Jan 1995)
Semi-Detached
- The average price is around £150,074 median price is £139,000 Standard Deviation is £87,601 with Total Sold: 966
- The Last 5 Year average price is £297,539 with Total Sold: 120
- The most recent sale happened at this postcode is , 32 SCOTBY AVENUE: £385,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 4 WEY CLOSE: £49,000 (Sold on 20 Jan 1995)
Detached
- The average price is around £227,129 median price is £215,000 Standard Deviation is £116,143 with Total Sold: 591
- The Last 5 Year average price is £414,759 with Total Sold: 85
- The most recent sale happened at this postcode is , 19 RYEGRASS CLOSE: £645,000 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 57 ROMNEY ROAD: £59,995 (Sold on 20 Jan 1995)
Other
- The average price is around £1,253,086 median price is £420,000 Standard Deviation is £1,960,935 with Total Sold: 7
- The Last 5 Year average price is £1,932,150 with Total Sold: 4
- 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 , 368 LORDS WOOD LANE: £183,000 (Sold on 23 Sep 2016)
Flat
- The average price is around £87,843 median price is £84,000 Standard Deviation is £47,540 with Total Sold: 93
- The Last 5 Year average price is £147,471 with Total Sold: 17
- 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)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£272,000	£2,687	12
2023	£281,129	£3,987	29
2022	£264,734	£4,116	32
2021	£237,905	£3,525	42
2020	£243,851	£3,509	37
2019	£217,050	£3,393	45
2018	£213,538	£3,401	36
2017	£211,951	£3,267	41
2016	£203,049	£3,059	53
2015	£179,167	£2,788	42
2014	£154,866	£2,476	53
2013	£137,962	£2,083	39
2012	£142,549	£1,922	35
2011	£131,404	£2,055	24
2010	£137,330	£1,893	25
2009	£126,361	£1,946	20
2008	£143,265	£2,138	34
2007	£148,192	£2,308	68
2006	£143,533	£2,054	101
2005	£131,197	£2,046	58
2004	£123,152	£2,021	77
2003	£115,539	£1,811	84
2002	£89,991	£1,455	79
2001	£72,682	£1,163	78
2000	£62,864	£1,039	73
1999	£53,117	£847	84
1998	£51,040	£794	78
1997	£46,971	£767	63
1996	£43,467	£668	47
1995	£42,692	£672	30

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£305,929	£4,785	7
2023	£297,029	£4,630	17
2022	£310,103	£4,780	29
2021	£310,893	£3,770	28
2020	£294,956	£3,703	18
2019	£262,214	£3,600	21
2018	£268,438	£3,844	29
2017	£249,625	£3,535	20
2016	£245,339	£3,289	31
2015	£222,775	£2,811	20
2014	£185,754	£2,678	27
2013	£161,630	£2,515	23
2012	£159,654	£2,109	13
2011	£159,682	£2,257	11
2010	£169,533	£2,297	15
2009	£154,166	£2,351	18
2008	£184,266	£2,138	15
2007	£170,043	£2,626	44
2006	£163,598	£2,130	52
2005	£150,781	£2,203	39
2004	£151,925	£2,122	47
2003	£135,094	£2,035	47
2002	£103,894	£1,574	43
2001	£94,101	£1,276	61
2000	£81,260	£1,146	55
1999	£67,071	£1,024	51
1998	£59,187	£919	49
1997	£57,811	£824	56
1996	£52,225	£687	45
1995	£52,499	£795	35

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£414,111	£6,250	9
2023	£420,045	£4,078	11
2022	£430,100	£4,417	10
2021	£433,750	£3,656	26
2020	£406,538	£3,893	13
2019	£377,719	£3,496	16
2018	£355,625	£3,684	16
2017	£348,423	£3,545	13
2016	£318,306	£3,296	18
2015	£259,857	£2,979	14
2014	£244,750	£2,753	14
2013	£254,273	£2,342	11
2012	£247,974	£2,320	19
2011	£227,607	£2,290	14
2010	£248,833	£2,250	12
2009	£229,750	£2,196	8
2008	£213,522	£1,953	9
2007	£250,716	£2,434	30
2006	£243,057	£2,263	42
2005	£226,595	£2,048	23
2004	£205,079	£2,304	28
2003	£196,473	£2,082	21
2002	£176,015	£1,726	32
2001	£138,768	£1,442	27
2000	£136,942	£1,184	26
1999	£114,020	£1,118	36
1998	£102,160	£1,070	25
1997	£95,195	£906	23
1996	£96,615	£818	26
1995	£74,484	£867	19

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£5,900,000		1
2022	£1,630,000	£18,953	1
2021	£195,000		1
2019	£3,600		1
2017	£440,000		1
2016	£301,500	£4,136	2

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£172,000	£3,376	5
2022	£152,750	£3,054	6
2021	£149,167	£3,241	3
2020	£106,500	£3,477	2
2019	£70,000		1
2018	£132,000	£3,000	1
2017	£181,250	£3,035	2
2016	£108,250	£2,454	4
2015	£87,667	£2,110	3
2014	£84,125	£2,033	4
2013	£78,000	£1,947	1
2012	£109,500	£1,685	2
2009	£104,000	£1,891	1
2008	£108,250	£1,961	4
2007	£105,749	£2,398	4
2006	£85,000	£2,024	4
2005	£91,500	£2,172	4
2004	£88,999	£1,737	4
2003	£74,648	£1,519	10
2002	£54,750	£1,149	4
2001	£45,416	£1,041	8
2000	£39,998	£1,037	3
1999	£29,625	£804	10
1995	£23,792	£417	3

House Type in ME5 8JQ area

The most common house types in the ME5 8JQ postcode area are Semi-detached (75), Detached (25), and Terraced (21).

Total	122
Semi-detached	75
Detached	25
Terraced	21
Flat	1
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 outright (55), and Owned: Owns with a mortgage or loan (42).

Owned: Owns outright	55
Owned: Owns with a mortgage or loan	42
Private rented: Private landlord or letting agency	22
Private rented: Other private rented	5
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the ME5 8JQ have 2 people in household (47), and 1 person in household (35).

2 people in household	47
1 person in household	35
3 people in household	24
4 people in household	9
5 people in household	7
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0