Housing Market Analysis for JAPONICA CLOSE, ME5 8NZ

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

Overview of Sold House prices

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

Terraced
- The average price is around £134,195 median price is £126,750 Standard Deviation is £58,281 with Total Sold: 14
- The Last 5 Year average price is £202,000 with Total Sold: 4
- The most recent sale happened at this postcode is 7 JAPONICA CLOSE: £195,000 (Sold on 01 Jun 2022)
- The first recorded sale happened at this postcode is 4 JAPONICA CLOSE: £39,000 (Sold on 11 Aug 1995)
Semi-Detached
- The average price is around £44,000 median price is £45,000 Standard Deviation is £3,742 with Total Sold: 3
- The most recent sale happened at this postcode is 9 JAPONICA CLOSE: £48,000 (Sold on 30 Jul 1999)
- The first recorded sale happened at this postcode is 9 JAPONICA CLOSE: £39,000 (Sold on 02 May 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 8NZ 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
2022	£195,000	£2,167	1
2021	£210,000	£3,621	1
2020	£200,000	£3,509	1
2019	£203,000	£3,500	1
2016	£175,625	£2,599	2
2015	£90,000	£1,579	1
2013	£119,995	£2,069	1
2009	£97,995	£1,690	1
2007	£130,000		1
2004	£123,500		1
2002	£74,995		1
1998	£44,000	£759	1
1995	£39,000	£672	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
1999	£48,000		1
1997	£42,000	£789	2

All the Sales in the JAPONICA CLOSE, ME5 8NZ

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

Address	Sold Date	Price	% Change
7 JAPONICA CLOSETerraced, FreeholdArea: 90 Sq.mtrAge: 1983-1990	01 Jun 2022	£195,000	30.00%
	09 Mar 2016	£150,000	First Sale
10 JAPONICA CLOSETerraced, FreeholdArea: 58 Sq.mtrAge: 1976-1982	19 Feb 2021	£210,000	First Sale
3 JAPONICA CLOSETerraced, FreeholdArea: 57 Sq.mtrAge: 1976-1982	04 Dec 2020	£200,000	-0.62%
	21 Jul 2016	£201,250	123.61%
	28 Sep 2015	£90,000	100.00%
	30 Sep 1997	£45,000	First Sale
4 JAPONICA CLOSETerraced, FreeholdArea: 58 Sq.mtrAge: 1991-1995	30 Aug 2019	£203,000	107.15%
	08 Apr 2009	£97,995	151.27%
	11 Aug 1995	£39,000	First Sale
14 JAPONICA CLOSETerraced, FreeholdArea: 58 Sq.mtrAge: 1983-1990	14 Nov 2013	£119,995	172.72%
	26 Jun 1998	£44,000	First Sale
2 JAPONICA CLOSETerraced, Freehold	04 Jun 2007	£130,000	5.26%
	28 Sep 2004	£123,500	64.68%
	08 Jan 2002	£74,995	First Sale
9 JAPONICA CLOSESemi-Detached, Freehold	30 Jul 1999	£48,000	23.08%
9 JAPONICA CLOSESemi-Detached, Freehold	02 May 1997	£39,000	First Sale

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

JAPONICA CLOSE, ME5 8NZ Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £144,119 median price is £132,105 Standard Deviation is £84,428 with Total Sold: 815
- The Last 5 Year average price is £280,746 with Total Sold: 97
- The most recent sale happened at this postcode is , 4 FARLEY CLOSE: £320,000 (Sold on 19 Sep 2024)
- The first recorded sale happened at this postcode is , 2 HUNTERSFIELD CLOSE: £70,500 (Sold on 16 Jan 1995)
Terraced
- The average price is around £142,501 median price is £135,000 Standard Deviation is £73,916 with Total Sold: 1,850
- The Last 5 Year average price is £258,375 with Total Sold: 269
- The most recent sale happened at this postcode is , 7 EXTON CLOSE: £340,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 25 WAVERLEY CLOSE: £43,500 (Sold on 03 Feb 1995)
Flat
- The average price is around £83,373 median price is £77,000 Standard Deviation is £42,811 with Total Sold: 254
- The Last 5 Year average price is £124,198 with Total Sold: 40
- The most recent sale happened at this postcode is , 3 SHAMLEY ROAD: £145,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 45 SULTAN ROAD: £21,900 (Sold on 07 Apr 1995)
Detached
- The average price is around £270,495 median price is £249,500 Standard Deviation is £137,765 with Total Sold: 269
- The Last 5 Year average price is £463,671 with Total Sold: 35
- The most recent sale happened at this postcode is , 112 BALLENS ROAD: £580,000 (Sold on 19 Aug 2024)
- The first recorded sale happened at this postcode is , 20 CATTERICK ROAD: £105,000 (Sold on 12 Jan 1995)
Other
- The average price is around £638,165 median price is £135,000 Standard Deviation is £1,305,214 with Total Sold: 15
- The Last 5 Year average price is £356,964 with Total Sold: 11
- The most recent sale happened at this postcode is , THE KESTREL KESTREL ROAD: £1,010,000 (Sold on 02 Nov 2022)
- The first recorded sale happened at this postcode is , 7 KESTREL ROAD: £75,000 (Sold on 21 Sep 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£323,750		4
2023	£283,600	£4,603	5
2022	£302,440	£4,216	25
2021	£284,025	£3,919	20
2020	£275,515	£3,286	13
2019	£256,539	£3,311	30
2018	£269,575	£3,446	20
2017	£247,512	£3,237	24
2016	£264,882	£3,215	17
2015	£208,667	£2,895	15
2014	£203,833	£2,423	12
2013	£179,278	£2,505	9
2012	£160,667	£2,054	12
2011	£155,788	£2,044	16
2010	£158,750	£2,090	20
2009	£152,590	£2,186	11
2008	£149,647	£2,294	19
2007	£183,762	£2,366	40
2006	£148,752	£2,148	45
2005	£162,648	£2,030	27
2004	£142,739	£2,044	49
2003	£118,103	£1,638	41
2002	£114,503	£1,583	52
2001	£89,963	£1,157	34
2000	£81,963	£1,109	42
1999	£65,797	£907	45
1998	£66,493	£855	45
1997	£54,447	£717	57
1996	£50,359	£694	39
1995	£49,426	£645	27

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£282,444	£4,414	18
2023	£272,087	£3,807	45
2022	£290,469	£3,882	49
2021	£250,627	£3,687	55
2020	£234,461	£3,287	50
2019	£239,123	£3,278	52
2018	£230,957	£3,377	61
2017	£228,199	£3,070	60
2016	£208,390	£2,878	59
2015	£182,334	£2,657	67
2014	£169,348	£2,347	63
2013	£148,839	£1,996	45
2012	£136,966	£1,993	44
2011	£145,990	£2,001	50
2010	£141,985	£2,006	37
2009	£131,350	£1,792	35
2008	£149,288	£2,142	33
2007	£155,492	£2,241	78
2006	£143,490	£1,991	76
2005	£134,713	£2,003	52
2004	£133,806	£1,932	97
2003	£121,176	£1,734	96
2002	£96,772	£1,447	87
2001	£79,300	£1,086	121
2000	£69,372	£1,002	101
1999	£60,748	£875	91
1998	£53,253	£759	62
1997	£50,287	£712	70
1996	£45,314	£671	44
1995	£45,125	£633	52

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£111,850	£2,404	7
2023	£135,500	£2,436	4
2022	£123,768	£2,581	9
2021	£149,464	£2,815	7
2020	£121,500	£2,372	6
2019	£107,686	£2,179	7
2018	£125,791	£2,687	11
2017	£116,427	£2,455	11
2016	£137,700	£2,463	5
2015	£105,575	£2,187	8
2014	£95,025	£1,859	15
2013	£82,393	£1,538	7
2012	£75,833	£1,499	6
2011	£81,136	£1,466	7
2010	£63,000	£1,417	1
2009	£77,000	£1,484	5
2008	£102,499	£1,705	6
2007	£96,908	£1,930	12
2006	£98,900	£1,712	10
2005	£85,299	£1,723	10
2004	£76,249	£1,519	12
2003	£76,998	£1,631	12
2002	£64,730	£1,264	13
2001	£50,013	£949	13
2000	£38,746	£823	14
1999	£32,592	£617	15
1998	£32,010	£596	5
1997	£27,600	£513	5
1996	£24,483	£499	6
1995	£22,295	£463	5

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£415,000	£3,101	5
2023	£460,750	£4,607	6
2022	£435,600	£3,806	5
2021	£490,778	£3,512	9
2020	£479,143	£3,460	7
2019	£480,000	£3,354	3
2018	£454,200	£3,153	5
2017	£350,733	£3,216	15
2016	£368,107	£2,974	14
2015	£381,867	£2,745	15
2014	£312,786	£2,142	7
2013	£314,583	£2,270	12
2012	£269,700	£2,295	10
2011	£235,000	£2,452	5
2010	£343,333	£1,458	3
2009	£188,833	£2,568	3
2008	£249,995		1
2007	£277,409	£2,291	11
2006	£247,961	£2,079	16
2005	£277,125	£1,454	8
2004	£233,062	£1,986	8
2003	£213,286	£1,582	7
2002	£192,265	£1,504	16
2001	£155,382	£1,247	17
2000	£170,722	£1,228	18
1999	£144,812	£1,045	8
1998	£125,090	£896	11
1997	£110,469	£840	13
1996	£109,000	£785	3
1995	£94,562	£728	8

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£1,242,500	£34,382	2
2021	£180,160	£2,836	5
2020	£450,000		1
2019	£30,267	£37	3
2018	£2,641,940		2
2016	£181,000		2

House Type in ME5 8NZ area

The most common house types in the ME5 8NZ postcode area are Flat (57), Terraced (34), and Semi-detached (20).

Total	118
Flat	57
Terraced	34
Semi-detached	20
commercial building	5
Detached	1
Shared house	1
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (41), and Private rented: Private landlord or letting agency (25).

Owned: Owns outright	41
Private rented: Private landlord or letting agency	25
Owned: Owns with a mortgage or loan	20
Shared ownership: Shared ownership	18
Social rented: Other social rented	9
Private rented: Other private rented	5
Lives rent free	1
Does not apply	0
Social rented: Rents from council or Local Authority	0

Number of People in a Household

The most houses in the ME5 8NZ have 1 person in household (58), and 2 people in household (24).

1 person in household	58
2 people in household	24
3 people in household	23
4 people in household	7
5 people in household	5
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0