Housing Market Analysis for RYEGRASS CLOSE, ME5 8JY

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

Overview of Sold House prices

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

Detached
- The average price is around £321,287 median price is £320,000 Standard Deviation is £167,739 with Total Sold: 40
- The Last 5 Year average price is £615,000 with Total Sold: 7
- The most recent sale happened at this postcode is 6 RYEGRASS CLOSE: £600,000 (Sold on 10 May 2023)
- The first recorded sale happened at this postcode is 19 RYEGRASS CLOSE: £645,000 (Sold on 09 Aug 2024)
Semi-Detached
- The average price is around £292,500 median price is £292,500 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 23 RYEGRASS CLOSE: £292,500 (Sold on 28 Feb 2006)
- The first recorded sale happened at this postcode is 23 RYEGRASS CLOSE: £292,500 (Sold on 28 Feb 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 8JY 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: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£600,000	£3,109	1
2021	£595,000	£3,084	4
2020	£680,000	£3,452	1
2019	£428,000	£2,744	1
2017	£450,000	£2,645	2
2013	£382,500	£2,332	1
2012	£375,000	£2,660	1
2010	£340,500	£1,761	2
2008	£335,000		1
2007	£334,500	£2,273	2
2006	£357,500	£1,827	2
2005	£280,000	£1,687	1
2002	£305,625	£1,983	4
2000	£222,498	£1,218	2
1999	£170,249	£975	4
1998	£157,250	£1,051	4
1997	£133,000		1
1996	£133,874		4
1995	£135,000		1
2024	£645,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2006	£292,500		1

All the Sales in the RYEGRASS CLOSE, ME5 8JY

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

Address	Sold Date	Price	% Change
6 RYEGRASS CLOSEDetached, FreeholdArea: 193 Sq.mtrAge: 1983-1990	10 May 2023	£600,000	9.09%
	14 May 2021	£550,000	134.05%
	15 Dec 2000	£234,995	First Sale
14 RYEGRASS CLOSEDetached, FreeholdArea: 168.48 Sq.mtrAge: 1983-1990	23 Jun 2021	£535,000	228.22%
	14 May 1999	£163,000	First Sale
4 RYEGRASS CLOSEDetached, FreeholdArea: 223 Sq.mtrAge: 1983-1990	15 Mar 2021	£650,000	First Sale
26 RYEGRASS CLOSEDetached, FreeholdArea: 190 Sq.mtrAge: 1983-1990	08 Jan 2021	£645,000	86.96%
	14 Aug 2002	£345,000	First Sale
18 RYEGRASS CLOSEDetached, FreeholdArea: 197 Sq.mtrAge: 1983-1990	03 Aug 2020	£680,000	88.89%
	17 Mar 2006	£360,000	First Sale
5 RYEGRASS CLOSEDetached, FreeholdArea: 156 Sq.mtrAge: 1983-1990	01 Apr 2019	£428,000	46.58%
	05 Dec 2007	£292,000	First Sale
17 RYEGRASS CLOSEDetached, FreeholdArea: 183 Sq.mtrAge: 1983-1990	05 May 2017	£450,000	First Sale
10 RYEGRASS CLOSEDetached, FreeholdArea: 159 Sq.mtrAge: 1976-1982	05 Apr 2017	£450,000	190.32%
	09 Oct 1998	£155,000	First Sale
7 RYEGRASS CLOSEDetached, FreeholdArea: 164 Sq.mtrAge: 1976-1982	26 Jul 2013	£382,500	8.51%
	09 Dec 2002	£352,500	90.54%
	30 Jan 1998	£185,000	First Sale
19 RYEGRASS CLOSEDetached, FreeholdArea: 141 Sq.mtrAge: 1976-1982	07 Jun 2012	£375,000	-0.53%
	05 Oct 2007	£377,000	-41.55%
	09 Aug 2024	£645,000	First Sale
25 RYEGRASS CLOSEDetached, FreeholdArea: 193.51 Sq.mtrAge: 1983-1990	27 May 2010	£345,000	First Sale
3 RYEGRASS CLOSEDetached, FreeholdArea: 193.2 Sq.mtrAge: 1983-1990	21 May 2010	£336,000	First Sale
24 RYEGRASS CLOSEDetached, Freehold	15 Aug 2008	£335,000	59.52%
24 RYEGRASS CLOSEDetached, Freehold	26 May 2000	£210,000	First Sale
16 RYEGRASS CLOSEDetached, Freehold	27 Oct 2006	£355,000	136.67%
	26 Nov 1998	£150,000	11.11%
	26 Jul 1995	£135,000	First Sale
23 RYEGRASS CLOSESemi-Detached, Freehold	28 Feb 2006	£292,500	72.06%
23 RYEGRASS CLOSESemi-Detached, Freehold	03 Dec 1999	£169,995	First Sale
27 RYEGRASS CLOSEDetached, FreeholdArea: 166 Sq.mtrAge: 1983-1990	21 Apr 2005	£280,000	71.78%
	11 Oct 1999	£163,000	First Sale
1 RYEGRASS CLOSEDetached, Freehold	23 May 2002	£305,000	117.86%
1 RYEGRASS CLOSEDetached, Freehold	31 May 1996	£140,000	First Sale
22 RYEGRASS CLOSEDetached, Freehold	14 Jan 2002	£220,000	58.27%
22 RYEGRASS CLOSEDetached, Freehold	28 Aug 1998	£139,000	First Sale
20 RYEGRASS CLOSEDetached, Freehold	14 May 1999	£185,000	32.15%
20 RYEGRASS CLOSEDetached, Freehold	07 Jun 1996	£139,995	First Sale
11 RYEGRASS CLOSEDetached, Freehold	17 Jul 1997	£133,000	First Sale
12 RYEGRASS CLOSEDetached, Freehold	18 Oct 1996	£128,000	First Sale
9 RYEGRASS CLOSEDetached, Freehold	23 Aug 1996	£127,500	First Sale

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

RYEGRASS CLOSE, ME5 8JY Near By properties

Interactive Map

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

Terraced
- The average price is around £133,706 median price is £128,000 Standard Deviation is £71,469 with Total Sold: 919
- The Last 5 Year average price is £258,834 with Total Sold: 104
- 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)
Detached
- The average price is around £246,384 median price is £230,000 Standard Deviation is £131,374 with Total Sold: 388
- The Last 5 Year average price is £471,479 with Total Sold: 47
- 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 , 43 BARLEYMOW CLOSE: £120,000 (Sold on 20 Jan 1995)
Semi-Detached
- The average price is around £141,280 median price is £132,500 Standard Deviation is £83,982 with Total Sold: 457
- The Last 5 Year average price is £294,479 with Total Sold: 38
- The most recent sale happened at this postcode is , 41 SETFORD ROAD: £286,000 (Sold on 08 Feb 2024)
- The first recorded sale happened at this postcode is , 4 WEY CLOSE: £49,000 (Sold on 20 Jan 1995)
Other
- The average price is around £1,025,000 median price is £1,025,000 Standard Deviation is £605,000 with Total Sold: 2
- 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 , 268A LORDS WOOD LANE: £420,000 (Sold on 16 Nov 2016)
Flat
- The average price is around £74,477 median price is £71,250 Standard Deviation is £21,813 with Total Sold: 68
- The Last 5 Year average price is £100,333 with Total Sold: 6
- The most recent sale happened at this postcode is , 49 DOVE CLOSE: £112,000 (Sold on 06 Jul 2022)
- The first recorded sale happened at this postcode is , 44 DOVE CLOSE: £40,000 (Sold on 10 May 1996)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£278,875	£3,011	8
2023	£280,483	£3,956	15
2022	£266,914	£3,873	29
2021	£245,179	£3,718	28
2020	£244,792	£3,384	24
2019	£224,570	£3,491	25
2018	£219,371	£3,236	21
2017	£215,077	£3,174	39
2016	£198,493	£3,245	26
2015	£177,700	£2,609	20
2014	£157,699	£2,471	31
2013	£137,449	£2,262	34
2012	£140,856	£1,904	16
2011	£135,000	£2,039	15
2010	£127,321	£1,775	7
2009	£126,215	£2,081	15
2008	£143,789	£2,004	19
2007	£152,403	£2,295	47
2006	£136,898	£2,110	48
2005	£128,499	£2,078	37
2004	£123,391	£2,057	44
2003	£117,146	£1,936	41
2002	£89,739	£1,488	50
2001	£75,879	£1,193	48
2000	£64,743	£1,064	51
1999	£55,667	£870	41
1998	£53,207	£824	55
1997	£50,884	£838	26
1996	£44,644	£678	30
1995	£43,215	£694	29

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£454,400	£6,250	5
2023	£472,500	£4,249	7
2022	£489,000	£4,688	8
2021	£472,618	£3,921	17
2020	£463,350	£3,815	10
2019	£438,500	£3,441	8
2018	£383,292	£3,550	12
2017	£371,692	£3,522	13
2016	£348,000	£3,409	8
2015	£288,312	£3,014	8
2014	£240,845	£2,828	13
2013	£242,500	£2,280	11
2012	£265,125	£2,331	12
2011	£268,143	£2,258	7
2010	£279,400	£2,303	10
2009	£251,500	£1,653	4
2008	£260,500	£2,539	6
2007	£272,023	£2,405	21
2006	£252,606	£2,152	25
2005	£219,181	£1,850	11
2004	£218,777	£2,360	18
2003	£212,772	£1,988	11
2002	£186,045	£1,670	22
2001	£140,180	£1,447	18
2000	£158,230	£1,195	13
1999	£128,090	£1,128	27
1998	£117,142	£1,034	14
1997	£99,688	£921	16
1996	£101,250	£783	20
1995	£82,977	£896	13

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£286,000	£4,767	1
2023	£286,000	£4,383	7
2022	£309,714	£4,304	7
2021	£295,083	£4,160	12
2020	£290,291	£4,080	11
2019	£262,250	£3,600	8
2018	£254,250	£3,563	14
2017	£254,833	£3,899	6
2016	£239,700	£3,220	15
2015	£208,808	£2,765	13
2014	£215,109	£2,695	7
2013	£169,600	£2,314	5
2012	£175,500	£2,266	3
2011	£160,556	£2,221	9
2010	£156,000	£2,284	6
2009	£158,111	£2,056	9
2008	£228,856	£2,386	7
2007	£164,971	£2,615	18
2006	£156,572	£2,114	31
2005	£145,937	£2,140	16
2004	£151,076	£2,029	26
2003	£121,479	£1,896	20
2002	£110,409	£1,495	28
2001	£96,049	£1,293	30
2000	£78,915	£1,090	33
1999	£58,352	£930	17
1998	£59,659	£861	25
1997	£60,186	£741	29
1996	£52,243	£643	21
1995	£51,009	£750	23

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£1,630,000	£18,953	1
2016	£420,000	£2,727	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£112,333	£2,110	3
2021	£90,000	£2,045	1
2020	£87,500	£1,944	2
2019	£105,000	£2,083	3
2018	£90,000	£1,832	2
2017	£120,000	£2,069	1
2016	£105,000	£2,283	2
2015	£71,312	£1,556	4
2014	£80,917	£1,754	3
2013	£80,000	£1,509	1
2012	£69,000	£1,388	3
2011	£71,167	£1,453	3
2010	£65,000	£1,477	1
2009	£76,688	£1,611	4
2008	£75,250	£1,583	3
2007	£88,500	£1,700	2
2006	£75,000	£1,389	1
2005	£105,000	£1,750	1
2004	£78,667	£1,512	3
2003	£67,198	£1,325	5
2002	£62,967	£1,266	9
2001	£53,688	£1,193	4
2000	£53,000	£1,205	1
1999	£35,333	£738	3
1998	£60,000	£1,154	1
1997	£42,000	£808	1
1996	£40,000		1

House Type in ME5 8JY area

The most common house types in the ME5 8JY postcode area are Detached (105), Semi-detached (24), and Terraced (1).

Total	131
Detached	105
Semi-detached	24
Terraced	1
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 (62), and Owned: Owns with a mortgage or loan (61).

Owned: Owns outright	62
Owned: Owns with a mortgage or loan	61
Private rented: Private landlord or letting agency	5
Private rented: Other private rented	3
Social rented: Rents from council or Local Authority	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the ME5 8JY have 2 people in household (47), and 3 people in household (31).

2 people in household	47
3 people in household	31
4 people in household	26
1 person in household	14
6 people in household	9
5 people in household	5
0 people in household	0
7 people in household	0
8 or more people in household	0