Housing Market Analysis for FOWEY CLOSE, ME5 8JX

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £156,809 median price is £157,500 Standard Deviation is £70,177 with Total Sold: 16
- The Last 5 Year average price is £295,000 with Total Sold: 2
- The most recent sale happened at this postcode is 25 FOWEY CLOSE: £307,000 (Sold on 13 Nov 2023)
- The first recorded sale happened at this postcode is 22 FOWEY CLOSE: £65,000 (Sold on 12 May 1995)
Detached
- The average price is around £307,219 median price is £260,000 Standard Deviation is £150,893 with Total Sold: 16
- The Last 5 Year average price is £502,000 with Total Sold: 5
- The most recent sale happened at this postcode is 16 FOWEY CLOSE: £515,000 (Sold on 13 Oct 2023)
- The first recorded sale happened at this postcode is 9 FOWEY CLOSE: £90,500 (Sold on 14 Nov 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 8JX 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	£307,000	£7,310	1
2019	£283,000	£3,971	1
2014	£196,000	£2,750	1
2013	£147,000	£3,167	1
2010	£182,750	£2,249	2
2007	£188,333	£2,338	3
2006	£90,000	£1,263	1
2005	£142,000	£1,972	1
2001	£92,500		1
2000	£110,000		1
1998	£85,950		1
1995	£62,498	£842	2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£515,000	£4,270	2
2022	£500,000	£4,762	1
2021	£490,000	£3,884	2
2018	£410,000	£4,651	1
2015	£270,000	£3,103	1
2013	£242,500	£2,332	1
2012	£300,000	£1,576	1
2011	£250,000	£2,073	1
2010	£225,000	£2,171	1
2003	£209,000	£2,010	1
2002	£169,000	£1,641	1
2001	£147,500	£1,418	1
1998	£92,000		1
1997	£90,500	£862	1

All the Sales in the FOWEY CLOSE, ME5 8JX

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

Address	Sold Date	Price	% Change
25 FOWEY CLOSESemi-Detached, FreeholdArea: 42 Sq.mtrAge: 1983-1990	13 Nov 2023	£307,000	First Sale
16 FOWEY CLOSEDetached, FreeholdArea: 120.6 Sq.mtrAge: 1983-1990	13 Oct 2023	£515,000	0.0
	13 Oct 2023	£515,000	7.29%
	30 Jun 2021	£480,000	92.00%
	18 Feb 2011	£250,000	69.49%
	20 Apr 2001	£147,500	First Sale
9 FOWEY CLOSEDetached, FreeholdArea: 105 Sq.mtrAge: 1991-1995	21 Dec 2022	£500,000	452.49%
	14 Nov 1997	£90,500	First Sale
10 FOWEY CLOSEDetached, FreeholdArea: 132 Sq.mtrAge: 1983-1990	12 Nov 2021	£500,000	First Sale
4 FOWEY CLOSESemi-Detached, FreeholdArea: 71.26 Sq.mtrAge: 1967-1975	22 Feb 2019	£283,000	44.39%
	22 Oct 2014	£196,000	117.78%
	03 Feb 2006	£90,000	50.01%
	06 Oct 1995	£59,995	First Sale
11 FOWEY CLOSEDetached, FreeholdArea: 88.16 Sq.mtrAge: 1983-1990	12 Mar 2018	£410,000	First Sale
8 FOWEY CLOSEDetached, FreeholdArea: 87 Sq.mtrAge: 1983-1990	18 Mar 2015	£270,000	First Sale
17 FOWEY CLOSEDetached, FreeholdArea: 104 Sq.mtrAge: 1983-1990	05 Apr 2013	£242,500	16.03%
	26 Sep 2003	£209,000	First Sale
24 FOWEY CLOSESemi-Detached, FreeholdArea: 46.41 Sq.mtrAge: 1983-1990	14 Jan 2013	£147,000	First Sale
12 FOWEY CLOSEDetached, FreeholdArea: 190.38 Sq.mtrAge: 1983-1990	19 Jul 2012	£300,000	First Sale
21 FOWEY CLOSESemi-Detached, FreeholdArea: 93 Sq.mtrAge: 1976-1982	15 Oct 2010	£197,500	0.77%
	03 Jul 2007	£196,000	First Sale
18 FOWEY CLOSEDetached, FreeholdArea: 103.62 Sq.mtrAge: 1983-1990	05 Oct 2010	£225,000	33.14%
	09 May 2002	£169,000	First Sale
3 FOWEY CLOSESemi-Detached, FreeholdArea: 70.78 Sq.mtrAge: 1976-1982	27 Aug 2010	£168,000	First Sale
1 FOWEY CLOSESemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1983-1990	19 Apr 2007	£185,000	30.28%
	18 Nov 2005	£142,000	First Sale
2 FOWEY CLOSESemi-Detached, Freehold	02 Feb 2007	£184,000	First Sale
6 FOWEY CLOSESemi-Detached, Freehold	20 Apr 2001	£92,500	First Sale
20 FOWEY CLOSESemi-Detached, Freehold	01 Nov 2000	£110,000	27.98%
20 FOWEY CLOSESemi-Detached, Freehold	27 Feb 1998	£85,950	First Sale
7 FOWEY CLOSEDetached, Freehold	05 Nov 1998	£92,000	First Sale
22 FOWEY CLOSESemi-Detached, Freehold	12 May 1995	£65,000	First Sale

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

FOWEY CLOSE, ME5 8JX Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £149,165 median price is £136,000 Standard Deviation is £86,924 with Total Sold: 967
- The Last 5 Year average price is £297,613 with Total Sold: 117
- 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 £218,438 median price is £214,000 Standard Deviation is £110,626 with Total Sold: 506
- The Last 5 Year average price is £395,910 with Total Sold: 72
- The most recent sale happened at this postcode is , 380 LORDS WOOD LANE: £410,000 (Sold on 05 Aug 2024)
- The first recorded sale happened at this postcode is , 57 ROMNEY ROAD: £59,995 (Sold on 20 Jan 1995)
Terraced
- The average price is around £130,029 median price is £126,000 Standard Deviation is £70,330 with Total Sold: 1,274
- The Last 5 Year average price is £247,654 with Total Sold: 167
- The most recent sale happened at this postcode is , 10 WINCHELSEA ROAD: £282,500 (Sold on 29 Jul 2024)
- The first recorded sale happened at this postcode is , 33 BURMARSH CLOSE: £42,500 (Sold on 20 Jan 1995)
Flat
- The average price is around £85,713 median price is £82,000 Standard Deviation is £49,234 with Total Sold: 125
- The Last 5 Year average price is £153,011 with Total Sold: 23
- The most recent sale happened at this postcode is , 11 SHEPPERTON CLOSE: £165,000 (Sold on 23 Feb 2024)
- The first recorded sale happened at this postcode is , 11 SHEPPERTON CLOSE: £29,500 (Sold on 05 May 1995)
Other
- The average price is around £585,750 median price is £301,500 Standard Deviation is £613,693 with Total Sold: 4
- The Last 5 Year average price is £1,630,000 with Total Sold: 1
- The most recent sale happened at this postcode is , 221 LORDS WOOD LANE: £1,630,000 (Sold on 05 Aug 2022)
- The first recorded sale happened at this postcode is , 368 LORDS WOOD LANE: £183,000 (Sold on 23 Sep 2016)

Sold Price Trend Over the Years:

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	£310,429	£4,799	28
2021	£313,654	£3,859	26
2020	£290,853	£3,741	19
2019	£262,825	£3,590	20
2018	£267,490	£3,844	30
2017	£251,190	£3,578	21
2016	£244,656	£3,236	32
2015	£217,870	£2,880	23
2014	£187,034	£2,701	25
2013	£163,696	£2,469	23
2012	£157,385	£2,160	13
2011	£149,458	£2,265	12
2010	£166,385	£2,232	13
2009	£152,263	£2,385	19
2008	£176,000	£2,182	18
2007	£169,305	£2,601	40
2006	£162,777	£2,243	47
2005	£144,190	£2,197	42
2004	£150,351	£2,153	44
2003	£135,508	£2,078	52
2002	£102,233	£1,566	47
2001	£93,400	£1,276	63
2000	£81,345	£1,142	56
1999	£66,773	£1,018	50
1998	£60,125	£918	47
1997	£57,040	£832	53
1996	£52,743	£680	43
1995	£52,350	£803	37

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£385,250	£6,250	8
2023	£405,611	£4,145	9
2022	£433,444	£4,467	9
2021	£410,079	£3,793	19
2020	£372,083	£3,991	12
2019	£374,367	£3,547	15
2018	£361,000	£3,737	15
2017	£329,955	£3,708	11
2016	£316,062	£3,269	16
2015	£260,615	£2,973	13
2014	£239,000	£2,713	11
2013	£241,450	£2,342	10
2012	£240,382	£2,344	17
2011	£238,150	£2,322	10
2010	£228,333	£2,364	9
2009	£226,857	£2,196	7
2008	£198,338	£1,953	8
2007	£243,055	£2,511	27
2006	£236,857	£2,308	35
2005	£225,790	£1,990	12
2004	£205,079	£2,304	28
2003	£190,722	£2,180	20
2002	£155,178	£1,722	28
2001	£138,894	£1,482	26
2000	£127,750	£1,191	20
1999	£106,008	£1,130	29
1998	£89,975	£1,079	20
1997	£93,477	£906	22
1996	£90,952	£818	21
1995	£69,655	£867	19

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£267,083	£2,687	12
2023	£284,690	£4,027	21
2022	£271,180	£4,328	25
2021	£236,415	£3,675	41
2020	£241,031	£3,543	32
2019	£221,923	£3,464	36
2018	£213,150	£3,354	29
2017	£211,162	£3,428	34
2016	£202,980	£3,093	44
2015	£180,955	£2,883	33
2014	£152,650	£2,505	46
2013	£140,433	£2,103	30
2012	£139,988	£1,945	24
2011	£129,335	£2,075	23
2010	£133,641	£1,970	23
2009	£125,882	£1,955	17
2008	£142,532	£2,214	31
2007	£151,816	£2,290	51
2006	£139,114	£2,135	70
2005	£129,467	£2,125	46
2004	£124,350	£2,047	72
2003	£116,631	£1,795	75
2002	£92,292	£1,471	59
2001	£73,287	£1,188	67
2000	£64,859	£1,048	63
1999	£54,203	£873	78
1998	£51,216	£811	59
1997	£46,798	£751	61
1996	£44,231	£702	43
1995	£43,096	£656	29

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£165,000		1
2023	£170,833	£3,555	6
2022	£153,929	£3,445	7
2021	£151,062	£3,546	4
2020	£140,000	£4,161	3
2019	£113,750	£3,233	2
2018	£135,500	£3,895	4
2017	£126,250	£2,991	4
2016	£112,000	£3,039	3
2015	£115,000	£2,738	1
2014	£97,999	£2,343	4
2013	£78,000	£1,947	1
2012	£100,667	£1,782	3
2011	£82,000	£2,228	1
2008	£116,500	£2,016	4
2007	£120,665	£2,447	3
2006	£88,750	£2,334	6
2005	£87,500	£2,196	5
2004	£81,609	£2,074	9
2003	£79,999	£1,852	7
2002	£57,062	£1,386	8
2001	£42,943	£1,130	9
2000	£38,038	£1,069	9
1999	£31,000	£875	8
1998	£26,750	£910	2
1997	£19,125	£544	2
1996	£24,500	£473	2
1995	£25,196	£578	7

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£1,630,000	£18,953	1
2018	£110,000	£2,683	1
2016	£301,500	£4,136	2

House Type in ME5 8JX area

The most common house types in the ME5 8JX 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 8JX 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