Housing Market Analysis for STABLE CLOSE, ME5 8LQ

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

Overview of Sold House prices

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

Terraced
- The average price is around £112,031 median price is £89,500 Standard Deviation is £61,783 with Total Sold: 32
- The Last 5 Year average price is £244,000 with Total Sold: 4
- The most recent sale happened at this postcode is 4 STABLE CLOSE: £240,000 (Sold on 03 Feb 2021)
- The first recorded sale happened at this postcode is 17 STABLE CLOSE: £43,500 (Sold on 09 May 1995)
Semi-Detached
- The average price is around £159,000 median price is £159,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 2 STABLE CLOSE: £159,000 (Sold on 18 Nov 2004)
- The first recorded sale happened at this postcode is 2 STABLE CLOSE: £159,000 (Sold on 18 Nov 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 8LQ 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
2021	£240,000	£3,478	1
2020	£230,000	£3,832	2
2019	£276,000	£4,000	1
2015	£170,000	£3,091	1
2014	£172,000	£2,493	1
2010	£138,500	£2,482	1
2007	£142,500	£2,591	1
2006	£130,000	£2,364	1
2004	£130,748	£2,157	2
2003	£116,833	£2,007	3
2002	£102,250	£1,859	2
2001	£78,500	£1,356	7
2000	£73,000	£1,404	1
1999	£52,500	£941	1
1998	£57,998	£895	2
1997	£51,250	£846	4
1995	£43,500	£791	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2004	£159,000		1

All the Sales in the STABLE CLOSE, ME5 8LQ

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

Address	Sold Date	Price	% Change
4 STABLE CLOSETerraced, FreeholdArea: 69 Sq.mtrAge: 1983-1990	03 Feb 2021	£240,000	39.53%
	14 Feb 2014	£172,000	26.94%
	03 Feb 2004	£135,500	125.85%
	02 Oct 1998	£59,995	6.66%
	18 Jul 1997	£56,250	First Sale
12 STABLE CLOSETerraced, FreeholdArea: 65 Sq.mtrAge: 1976-1982	21 Aug 2020	£250,000	First Sale
3 STABLE CLOSETerraced, FreeholdArea: 55 Sq.mtrAge: 1983-1990	17 Mar 2020	£210,000	66.67%
	08 Nov 2004	£125,995	227.26%
	18 Apr 1997	£38,500	First Sale
6 STABLE CLOSETerraced, FreeholdArea: 69 Sq.mtrAge: 1983-1990	27 Mar 2019	£276,000	99.28%
	14 Nov 2003	£138,500	50.54%
	25 May 2001	£92,000	57.26%
	26 Sep 1997	£58,500	First Sale
15 STABLE CLOSETerraced, FreeholdArea: 55 Sq.mtrAge: 1983-1990	31 Mar 2015	£170,000	19.30%
	19 Jan 2007	£142,500	31.94%
	29 Nov 2002	£108,000	First Sale
1 STABLE CLOSETerraced, FreeholdArea: 55.81 Sq.mtrAge: 1983-1990	08 Oct 2010	£138,500	79.87%
	04 May 2001	£77,000	46.67%
	25 Feb 1999	£52,500	First Sale
17 STABLE CLOSETerraced, FreeholdArea: 55 Sq.mtrAge: 1983-1990	08 Aug 2006	£130,000	34.72%
	28 Jun 2002	£96,500	29.53%
	07 Aug 2001	£74,500	71.26%
	09 May 1995	£43,500	First Sale
2 STABLE CLOSESemi-Detached, Freehold	18 Nov 2004	£159,000	First Sale
5 STABLE CLOSETerraced, Freehold	28 Oct 2003	£87,000	26.09%
5 STABLE CLOSETerraced, Freehold	23 Apr 2001	£69,000	First Sale
10 STABLE CLOSETerraced, Freehold	07 Oct 2003	£125,000	47.06%
10 STABLE CLOSETerraced, Freehold	03 Aug 2001	£85,000	First Sale
11 STABLE CLOSETerraced, Freehold	19 Sep 2001	£77,000	First Sale
19 STABLE CLOSETerraced, Freehold	30 Aug 2001	£75,000	33.93%
19 STABLE CLOSETerraced, Freehold	26 Nov 1998	£56,000	First Sale
7 STABLE CLOSETerraced, FreeholdArea: 52 Sq.mtrAge: 1991-1995	20 Oct 2000	£73,000	41.06%
	14 Nov 1997	£51,750	First Sale

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

STABLE CLOSE, ME5 8LQ Near By properties

Interactive Map

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

Terraced
- The average price is around £128,998 median price is £125,000 Standard Deviation is £69,796 with Total Sold: 1,275
- The Last 5 Year average price is £246,237 with Total Sold: 167
- 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 £226,348 median price is £215,000 Standard Deviation is £118,475 with Total Sold: 540
- The Last 5 Year average price is £421,353 with Total Sold: 78
- 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)
Semi-Detached
- The average price is around £146,598 median price is £135,500 Standard Deviation is £85,460 with Total Sold: 843
- The Last 5 Year average price is £297,522 with Total Sold: 99
- The most recent sale happened at this postcode is , 46 WITTERSHAM CLOSE: £270,000 (Sold on 31 Jul 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 £1,253,086 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 £72,504 median price is £70,000 Standard Deviation is £26,867 with Total Sold: 90
- The Last 5 Year average price is £96,893 with Total Sold: 14
- The most recent sale happened at this postcode is FLAT 4, APPOLLO HOUSE ILLUSTRIOUS CLOSE: £120,000 (Sold on 10 Feb 2023)
- The first recorded sale happened at this postcode is , 135 KINGSTON CRESCENT: £12,375 (Sold on 09 Jun 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£275,900	£3,011	10
2023	£277,656	£4,042	24
2022	£266,097	£4,141	31
2021	£236,056	£3,640	36
2020	£240,655	£3,578	29
2019	£215,480	£3,481	37
2018	£213,365	£3,371	31
2017	£210,757	£3,237	37
2016	£198,235	£3,142	43
2015	£178,000	£2,827	36
2014	£151,649	£2,492	43
2013	£135,867	£2,156	30
2012	£139,912	£1,931	26
2011	£131,057	£2,042	22
2010	£132,412	£1,984	20
2009	£123,014	£2,020	16
2008	£140,440	£2,180	25
2007	£148,381	£2,380	57
2006	£135,184	£2,136	74
2005	£126,795	£2,083	49
2004	£122,840	£2,073	61
2003	£115,649	£1,844	76
2002	£89,863	£1,468	68
2001	£71,841	£1,190	69
2000	£62,818	£1,058	64
1999	£52,867	£859	69
1998	£51,270	£806	69
1997	£46,457	£773	54
1996	£44,658	£689	39
1995	£42,692	£672	30

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£414,625	£6,250	8
2023	£425,050	£4,030	10
2022	£430,273	£4,416	11
2021	£444,848	£3,754	23
2020	£410,000	£3,942	13
2019	£384,885	£3,507	13
2018	£347,133	£3,699	15
2017	£348,423	£3,545	13
2016	£316,588	£3,281	17
2015	£258,900	£2,996	10
2014	£244,733	£2,809	15
2013	£252,222	£2,499	9
2012	£247,447	£2,393	19
2011	£232,667	£2,391	9
2010	£255,900	£2,289	10
2009	£211,333	£2,156	6
2008	£213,522	£1,953	9
2007	£249,183	£2,481	30
2006	£236,247	£2,202	37
2005	£213,949	£1,815	14
2004	£207,146	£2,329	29
2003	£198,471	£2,165	19
2002	£178,086	£1,740	29
2001	£138,583	£1,442	27
2000	£138,869	£1,203	23
1999	£115,088	£1,127	34
1998	£103,062	£1,078	24
1997	£91,909	£906	22
1996	£96,833	£799	24
1995	£74,844	£883	18

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£292,750	£4,785	6
2023	£299,923	£4,836	13
2022	£306,792	£4,808	24
2021	£312,062	£3,910	24
2020	£303,657	£3,896	14
2019	£260,861	£3,651	18
2018	£256,552	£3,918	23
2017	£236,875	£3,681	16
2016	£242,889	£3,273	27
2015	£215,567	£2,934	15
2014	£187,902	£2,737	22
2013	£159,167	£2,565	21
2012	£158,375	£2,147	12
2011	£159,682	£2,257	11
2010	£164,308	£2,336	13
2009	£157,187	£2,314	16
2008	£179,090	£2,206	11
2007	£170,729	£2,702	39
2006	£161,939	£2,150	47
2005	£146,118	£2,227	34
2004	£151,215	£2,101	44
2003	£135,032	£2,042	44
2002	£103,762	£1,574	40
2001	£91,767	£1,290	55
2000	£80,820	£1,172	48
1999	£67,533	£1,055	44
1998	£58,248	£910	46
1997	£57,838	£811	47
1996	£52,741	£686	38
1995	£51,870	£791	31

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	£120,000	£3,750	1
2022	£105,250	£2,110	4
2021	£97,750	£2,045	2
2020	£78,333	£1,944	3
2019	£96,250	£2,083	4
2018	£90,000	£1,832	2
2017	£202,500	£3,682	1
2016	£103,333	£2,283	3
2015	£70,650	£1,556	5
2014	£79,438	£1,754	4
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	£82,150	£1,681	5
2008	£78,188	£1,583	4
2007	£82,667		3
2006	£72,000	£1,389	3
2005	£72,000		2
2004	£76,250	£1,548	2
2003	£64,811	£1,321	8
2002	£64,119	£1,474	8
2001	£48,762	£1,193	7
2000	£53,000	£1,205	1
1999	£29,292	£849	6
1998	£60,000	£1,154	1
1997	£42,000	£808	1
1996	£40,000		1
1995	£12,375	£221	1

House Type in ME5 8LQ area

The most common house types in the ME5 8LQ postcode area are Detached (95), Terraced (17), and Semi-detached (6).

Total	118
Detached	95
Terraced	17
Semi-detached	6
Flat	0
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 with a mortgage or loan (62), and Owned: Owns outright (44).

Owned: Owns with a mortgage or loan	62
Owned: Owns outright	44
Private rented: Private landlord or letting agency	8
Shared ownership: Shared ownership	1
Social rented: Rents from council or Local Authority	1
Social rented: Other social rented	1
Does not apply	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the ME5 8LQ have 2 people in household (39), and 4 people in household (30).

2 people in household	39
4 people in household	30
3 people in household	24
1 person in household	14
5 people in household	7
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0