Housing Market Analysis for CROFT CLOSE, ME5 8TT

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

Overview of Sold House prices

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

Terraced
- The average price is around £167,150 median price is £186,000 Standard Deviation is £92,557 with Total Sold: 10
- The Last 5 Year average price is £280,000 with Total Sold: 3
- The most recent sale happened at this postcode is 16 CROFT CLOSE: £300,000 (Sold on 17 Jul 2023)
- The first recorded sale happened at this postcode is 22 CROFT CLOSE: £54,000 (Sold on 24 Nov 1995)
Semi-Detached
- The average price is around £152,333 median price is £165,000 Standard Deviation is £73,261 with Total Sold: 18
- The most recent sale happened at this postcode is 1 CROFT CLOSE: £315,000 (Sold on 20 Oct 2017)
- The first recorded sale happened at this postcode is 21 CROFT CLOSE: £58,000 (Sold on 20 Jan 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 8TT 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
2023	£300,000	£4,110	1
2021	£290,000	£3,919	1
2019	£250,000	£3,425	1
2015	£207,500	£2,842	1
2014	£193,000	£2,608	1
2007	£179,000	£2,419	1
1998	£69,998	£946	2
1996	£58,000	£784	1
1995	£54,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£315,000	£4,315	1
2015	£238,500	£2,565	1
2014	£228,500	£2,667	2
2007	£188,998	£2,671	2
2006	£185,000	£1,989	2
2005	£180,000	£1,765	1
2002	£144,000	£1,973	2
2001	£104,000		1
2000	£85,000	£1,164	1
1999	£67,500		1
1998	£75,000	£806	1
1997	£72,000		1
1995	£56,000	£692	2

All the Sales in the CROFT CLOSE, ME5 8TT

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

Address	Sold Date	Price	% Change
16 CROFT CLOSETerraced, FreeholdArea: 73 Sq.mtrAge: 1967-1975	17 Jul 2023	£300,000	First Sale
14 CROFT CLOSETerraced, FreeholdArea: 74 Sq.mtrAge: 1967-1975	25 Mar 2021	£290,000	50.26%
	09 May 2014	£193,000	7.82%
	12 Oct 2007	£179,000	141.89%
	11 Dec 1998	£74,000	12.13%
	16 Jan 1998	£65,995	13.78%
	18 Nov 1996	£58,000	First Sale
12 CROFT CLOSETerraced, FreeholdArea: 73 Sq.mtrAge: 1976-1982	29 Nov 2019	£250,000	20.48%
	31 Jul 2015	£207,500	First Sale
1 CROFT CLOSESemi-Detached, FreeholdArea: 73 Sq.mtrAge: 1976-1982	20 Oct 2017	£315,000	First Sale
17 CROFT CLOSESemi-Detached, FreeholdArea: 93 Sq.mtrAge: 1976-1982	24 Apr 2015	£238,500	28.92%
	02 May 2006	£185,000	146.67%
	10 Jul 1998	£75,000	First Sale
9 CROFT CLOSESemi-Detached, FreeholdArea: 73 Sq.mtrAge: 1967-1975	22 Aug 2014	£219,000	12.31%
	11 Sep 2007	£194,995	41.30%
	08 Nov 2002	£138,000	155.56%
	12 Dec 1995	£54,000	First Sale
5 CROFT CLOSESemi-Detached, FreeholdArea: 102 Sq.mtrAge: 1976-1982	11 Aug 2014	£238,000	32.22%
	07 Oct 2005	£180,000	First Sale
15 CROFT CLOSESemi-Detached, Freehold	20 Jun 2007	£183,000	154.17%
15 CROFT CLOSESemi-Detached, Freehold	26 Sep 1997	£72,000	First Sale
19 CROFT CLOSESemi-Detached, Freehold	15 Sep 2006	£185,000	174.07%
19 CROFT CLOSESemi-Detached, Freehold	12 Mar 1999	£67,500	First Sale
4 CROFT CLOSESemi-Detached, FreeholdArea: 73 Sq.mtrAge: 1976-1982	22 Nov 2002	£150,000	76.47%
	24 Mar 2000	£85,000	First Sale
10 CROFT CLOSESemi-Detached, Freehold	08 Jun 2001	£104,000	First Sale
22 CROFT CLOSETerraced, Freehold	24 Nov 1995	£54,000	First Sale
21 CROFT CLOSESemi-Detached, FreeholdArea: 90 Sq.mtrAge: 1976-1982	20 Jan 1995	£58,000	First Sale

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

CROFT CLOSE, ME5 8TT Near By properties

Interactive Map

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

Terraced
- The average price is around £143,538 median price is £137,500 Standard Deviation is £71,891 with Total Sold: 1,404
- The Last 5 Year average price is £255,323 with Total Sold: 213
- 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 , 19 FIR TREE GROVE: £45,000 (Sold on 10 Feb 1995)
Flat
- The average price is around £81,089 median price is £75,000 Standard Deviation is £41,938 with Total Sold: 211
- The Last 5 Year average price is £117,683 with Total Sold: 35
- 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)
Semi-Detached
- The average price is around £138,929 median price is £129,995 Standard Deviation is £89,051 with Total Sold: 496
- The Last 5 Year average price is £287,548 with Total Sold: 60
- The most recent sale happened at this postcode is , 28 CONIFER DRIVE: £295,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 2 HUNTERSFIELD CLOSE: £70,500 (Sold on 16 Jan 1995)
Detached
- The average price is around £277,646 median price is £240,000 Standard Deviation is £161,733 with Total Sold: 246
- The Last 5 Year average price is £460,365 with Total Sold: 37
- 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 , 29 ALBURY CLOSE: £41,000 (Sold on 09 Feb 1995)
Other
- The average price is around £894,034 median price is £275,000 Standard Deviation is £2,300,022 with Total Sold: 31
- The Last 5 Year average price is £400,672 with Total Sold: 19
- The most recent sale happened at this postcode is UNIT 3, BALLARD INDUSTRIAL CENTRE LORDSWOOD INDUSTRIAL ESTATE: £10,000 (Sold on 25 Sep 2023)
- The first recorded sale happened at this postcode is , UNIT 29 LORDSWOOD INDUSTRIAL ESTATE: £255,000 (Sold on 30 Nov 2015)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£263,077	£4,414	13
2023	£272,376	£3,511	33
2022	£288,250	£3,604	38
2021	£250,881	£3,598	42
2020	£234,928	£3,225	41
2019	£235,933	£3,099	46
2018	£229,497	£3,066	43
2017	£225,956	£2,980	47
2016	£211,654	£2,647	52
2015	£180,380	£2,527	51
2014	£164,448	£2,247	48
2013	£150,593	£1,903	43
2012	£142,000	£1,841	28
2011	£140,278	£1,902	36
2010	£143,982	£1,973	31
2009	£128,076	£1,702	33
2008	£149,523	£1,938	22
2007	£152,900	£2,078	61
2006	£143,653	£1,931	67
2005	£132,534	£1,773	32
2004	£133,651	£1,847	76
2003	£120,697	£1,603	68
2002	£94,776	£1,351	61
2001	£77,251	£1,005	90
2000	£67,778	£905	67
1999	£60,870	£799	58
1998	£54,448	£697	49
1997	£50,609	£671	54
1996	£45,738	£635	34
1995	£43,919	£614	40

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£111,850	£2,404	7
2023	£135,500	£2,436	4
2022	£111,273	£2,188	7
2021	£133,062	£2,240	4
2020	£121,500	£2,372	6
2019	£107,686	£2,179	7
2018	£119,243	£2,307	7
2017	£113,070	£2,289	10
2016	£137,700	£2,463	5
2015	£103,767	£2,102	6
2014	£85,838	£1,681	10
2013	£77,792	£1,463	6
2012	£75,833	£1,499	6
2011	£79,658	£1,453	6
2010	£63,000	£1,417	1
2009	£77,000	£1,484	5
2008	£98,399	£1,610	5
2007	£95,399	£1,906	11
2006	£98,900	£1,712	10
2005	£84,561	£1,649	8
2004	£72,817	£1,445	11
2003	£71,249	£1,513	8
2002	£65,332	£1,285	12
2001	£47,576	£876	9
2000	£36,858	£819	11
1999	£30,944	£571	11
1998	£31,012	£569	4
1997	£27,600	£513	5
1996	£24,738	£449	4
1995	£22,295	£463	5

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£325,000		3
2023	£302,333	£4,379	3
2022	£291,967	£4,050	15
2021	£328,300	£3,789	10
2020	£250,578	£3,151	9
2019	£272,658	£3,228	20
2018	£264,429	£3,275	7
2017	£241,423	£3,108	13
2016	£309,688	£3,061	8
2015	£203,333	£2,729	9
2014	£213,999	£2,458	7
2013	£162,333	£2,398	3
2012	£132,000	£1,763	6
2011	£156,115	£2,066	14
2010	£147,350	£1,931	10
2009	£144,500	£2,147	5
2008	£146,981	£1,985	11
2007	£165,687	£2,067	24
2006	£148,650	£2,094	30
2005	£147,388	£1,988	18
2004	£142,070	£1,951	32
2003	£114,577	£1,576	32
2002	£108,099	£1,483	30
2001	£95,789	£1,069	19
2000	£73,839	£999	22
1999	£60,916	£771	28
1998	£60,628	£818	23
1997	£51,562	£683	40
1996	£55,692	£670	26
1995	£51,789	£635	19

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£451,100		5
2023	£485,000	£4,519	3
2022	£467,111	£4,554	9
2021	£469,889	£3,510	9
2020	£436,875	£3,581	4
2019	£448,929	£3,675	7
2018	£461,062	£3,236	8
2017	£432,273	£3,680	11
2016	£372,600	£3,257	5
2015	£448,111	£2,740	9
2014	£382,500	£3,005	4
2013	£406,786	£2,482	7
2012	£307,500	£2,266	4
2011	£198,375	£2,228	4
2010	£332,400	£1,956	5
2009	£294,000	£2,445	5
2008	£580,000		1
2007	£309,300	£2,487	5
2006	£293,500	£2,682	8
2005	£304,489	£1,936	10
2004	£254,015	£1,911	17
2003	£238,124	£1,836	12
2002	£192,838	£1,700	17
2001	£127,110	£1,424	9
2000	£167,682	£1,343	11
1999	£127,795	£1,025	11
1998	£131,600	£801	10
1997	£101,075	£979	8
1996	£100,666	£847	12
1995	£105,912	£808	16

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£306,333		3
2022	£1,242,500	£34,382	2
2021	£563,750	£4,026	4
2020	£222,753		5
2019	£168,000	£61	5
2018	£2,002,960		3
2017	£206,625	£24	4
2016	£214,000		3
2015	£6,312,458		2

House Type in ME5 8TT area

The most common house types in the ME5 8TT postcode area are Terraced (76), Semi-detached (36), and Detached (13).

Total	130
Terraced	76
Semi-detached	36
Detached	13
Flat	4
Shared house	1
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 (59), and Owned: Owns outright (43).

Owned: Owns with a mortgage or loan	59
Owned: Owns outright	43
Private rented: Private landlord or letting agency	25
Social rented: Other social rented	2
Shared ownership: Shared ownership	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the ME5 8TT have 2 people in household (41), and 3 people in household (33).

2 people in household	41
3 people in household	33
1 person in household	24
4 people in household	24
5 people in household	6
6 people in household	3
0 people in household	0
7 people in household	0
8 or more people in household	0