Housing Market Analysis for GREENWICH CLOSE, ME5 8YS

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £124,028 median price is £125,500 Standard Deviation is £75,461 with Total Sold: 34
    • The Last 5 Year average price is £268,750 with Total Sold: 4
    • The most recent sale happened at this postcode is 10 GREENWICH CLOSE: £285,000 (Sold on 18 Aug 2023)
    • The first recorded sale happened at this postcode is 2 GREENWICH CLOSE: £305,000 (Sold on 17 Nov 2023)
  • Semi-Detached
    • The average price is around £176,332 median price is £196,500 Standard Deviation is £36,577 with Total Sold: 3
    • The Last 5 Year average price is £207,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 16 GREENWICH CLOSE: £207,500 (Sold on 01 Nov 2019)
    • The first recorded sale happened at this postcode is 16 GREENWICH CLOSE: £124,995 (Sold on 12 May 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 8YS 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£295,000 £3,404 2
2020£235,000 £2,975 1
2019£250,000 £2,907 1
2018£230,000 £2,674 1
2016£235,000 £2,500 1
2015£177,000 £2,233 2
2011£131,000 £1,658 1
2009£139,500 £1,775 1
2008£159,000 £1,849 1
2006£130,900 £1,524 5
2004£125,500 £1,589 2
2003£118,748 £1,468 2
2002£82,332 £889 3
1999£54,000 £643 3
1997£45,000 £545 2
1996£41,990 £561 5
1995£41,500 £539 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£207,500 £2,627 1
2017£196,500 £2,487 1
2006£124,995 £1,582 1

All the Sales in the GREENWICH CLOSE, ME5 8YS

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

AddressSold DatePrice% Change
10 GREENWICH CLOSETerraced, FreeholdArea: 80 Sq.mtrAge: 1976-198218 Aug 2023£285,00062.86%
02 Jul 2015£175,000First Sale
27 GREENWICH CLOSETerraced, FreeholdArea: 79 Sq.mtrAge: 1983-199007 Dec 2020£235,00079.39%
29 Jul 2011£131,000-0.38%
18 Dec 2006£131,50019.55%
19 Sep 2006£110,000-12.70%
07 Dec 2004£126,000193.02%
17 Jun 1997£43,000First Sale
16 GREENWICH CLOSESemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1967-197501 Nov 2019£207,5005.60%
24 Nov 2017£196,50057.21%
12 May 2006£124,995-0.00%
14 May 2004£125,000150.00%
19 Feb 2002£50,000First Sale
1 GREENWICH CLOSETerraced, FreeholdArea: 86 Sq.mtrAge: 1967-197509 Sep 2019£250,00085.19%
12 Jun 2006£135,00098.53%
30 Jun 1999£68,000First Sale
4 GREENWICH CLOSETerraced, FreeholdArea: 86 Sq.mtrAge: 1967-197522 Jun 2018£230,00044.65%
12 May 2008£159,00045.87%
14 Feb 2003£109,000109.62%
30 Sep 1999£52,00010.64%
21 Apr 1997£47,000First Sale
2 GREENWICH CLOSETerraced, FreeholdArea: 94 Sq.mtrAge: 1976-198231 Mar 2016£235,00070.29%
04 Aug 2006£138,000-54.75%
17 Nov 2023£305,000First Sale
30 GREENWICH CLOSETerraced, FreeholdArea: 78.58 Sq.mtrAge: 1976-198206 Nov 2015£179,00028.32%
02 Oct 2009£139,50055.01%
28 Oct 2002£89,995114.27%
19 Oct 1999£42,000-6.67%
29 Aug 1996£45,000First Sale
31 GREENWICH CLOSETerraced, Freehold15 Sep 2006£140,000300.00%
31 May 1996£35,000First Sale
21 GREENWICH CLOSETerraced, FreeholdArea: 77 Sq.mtrAge: 1950-196616 Dec 2003£128,495209.63%
20 Nov 1995£41,500First Sale
35 GREENWICH CLOSETerraced, Freehold22 Nov 2002£107,000First Sale
5 GREENWICH CLOSETerraced, Freehold11 Oct 1996£44,000First Sale
28 GREENWICH CLOSETerraced, FreeholdArea: 78 Sq.mtrAge: 1976-198230 Sep 1996£41,950First Sale
22 GREENWICH CLOSETerraced, FreeholdArea: 77 Sq.mtrAge: 1950-196608 Jan 1996£44,000First Sale

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

GREENWICH CLOSE, ME5 8YS Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £153,308 median price is £142,150 Standard Deviation is £88,231 with Total Sold: 1,084
    • The Last 5 Year average price is £300,056 with Total Sold: 135
    • The most recent sale happened at this postcode is , 9 EARL CLOSE: £330,000 (Sold on 18 Sep 2024)
    • The first recorded sale happened at this postcode is , 12 CROYDON CLOSE: £52,500 (Sold on 06 Jan 1995)
  • Terraced
    • The average price is around £136,610 median price is £132,000 Standard Deviation is £71,114 with Total Sold: 1,477
    • The Last 5 Year average price is £247,566 with Total Sold: 211
    • The most recent sale happened at this postcode is , 22 BROMLEY CLOSE: £275,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 127 PRINCES AVENUE: £38,000 (Sold on 06 Jan 1995)
  • Flat
    • The average price is around £90,114 median price is £89,000 Standard Deviation is £50,227 with Total Sold: 199
    • The Last 5 Year average price is £164,674 with Total Sold: 33
    • The most recent sale happened at this postcode is , 9 BEECHING ROAD: £150,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 11 SHEPPERTON CLOSE: £29,500 (Sold on 05 May 1995)
  • Detached
    • The average price is around £213,933 median price is £205,000 Standard Deviation is £109,371 with Total Sold: 515
    • The Last 5 Year average price is £383,926 with Total Sold: 81
    • 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)
  • Other
    • The average price is around £189,214 median price is £210,000 Standard Deviation is £88,759 with Total Sold: 7
    • The Last 5 Year average price is £268,000 with Total Sold: 3
    • The most recent sale happened at this postcode is , 5 BROADLANDS DRIVE: £254,000 (Sold on 27 Oct 2023)
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£308,273 £3,851 11
2023£306,409 £4,287 22
2022£327,312 £4,510 34
2021£311,981 £3,833 27
2020£264,190 £3,747 21
2019£263,775 £3,517 20
2018£277,741 £3,687 34
2017£261,726 £3,395 27
2016£244,300 £3,018 25
2015£219,106 £2,757 33
2014£180,850 £2,643 26
2013£167,552 £2,421 29
2012£167,767 £2,208 15
2011£147,923 £2,170 13
2010£171,595 £2,123 21
2009£158,615 £2,212 26
2008£168,111 £2,177 18
2007£174,788 £2,460 46
2006£168,125 £2,127 54
2005£156,009 £2,159 47
2004£151,777 £2,052 54
2003£136,692 £2,088 49
2002£105,694 £1,552 59
2001£96,323 £1,267 54
2000£82,090 £1,132 59
1999£70,071 £961 64
1998£62,497 £896 49
1997£55,750 £815 56
1996£53,178 £661 52
1995£51,705 £768 39
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£261,042 £2,687 12
2023£279,870 £3,983 35
2022£268,759 £4,134 27
2021£240,408 £3,446 53
2020£239,782 £3,355 39
2019£221,307 £3,274 45
2018£218,537 £3,136 35
2017£217,545 £3,193 40
2016£212,482 £2,915 55
2015£185,026 £2,792 45
2014£158,706 £2,386 52
2013£146,020 £1,993 38
2012£146,353 £1,944 36
2011£126,822 £1,945 20
2010£138,400 £1,953 30
2009£124,989 £1,890 22
2008£146,292 £2,241 36
2007£148,598 £2,159 69
2006£146,491 £1,966 80
2005£135,192 £1,995 53
2004£126,592 £1,969 78
2003£118,247 £1,714 77
2002£95,065 £1,419 68
2001£76,043 £1,126 86
2000£66,207 £1,024 66
1999£55,229 £845 85
1998£52,326 £754 65
1997£47,467 £727 63
1996£42,620 £633 39
1995£41,395 £598 28
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£197,167 £4,032 6
2023£176,429 £3,531 7
2022£151,562 £3,398 8
2021£164,375 £3,391 6
2020£140,000 £4,161 3
2019£132,500 £3,041 3
2018£143,700 £3,754 5
2017£126,250 £2,991 4
2016£112,000 £3,039 3
2015£118,374 £2,179 4
2014£108,666 £2,380 6
2013£99,000 £1,931 3
2012£103,250 £1,803 6
2011£97,000 £1,845 2
2010£111,250 £1,887 2
2009£100,667 £1,730 3
2008£116,500 £2,016 4
2007£119,582 £2,400 6
2006£99,000 £2,307 10
2005£94,071 £2,164 7
2004£92,099 £1,956 15
2003£83,300 £1,848 10
2002£60,177 £1,356 14
2001£46,960 £1,110 13
2000£42,257 £1,021 13
1999£35,250 £862 12
1998£34,554 £738 9
1997£27,050 £547 5
1996£28,000 £473 3
1995£25,196 £578 7
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£385,250 £6,250 8
2023£385,300 £4,178 10
2022£424,208 £4,568 12
2021£386,150 £3,536 20
2020£369,667 £3,664 18
2019£361,192 £3,572 13
2018£337,500 £3,653 11
2017£308,750 £3,650 8
2016£304,632 £3,150 19
2015£279,208 £3,046 12
2014£255,566 £2,454 15
2013£236,500 £2,330 9
2012£227,528 £2,273 18
2011£217,778 £2,338 9
2010£214,062 £2,170 8
2009£218,650 £2,168 10
2008£180,617 £1,776 6
2007£232,870 £2,339 27
2006£233,968 £2,279 36
2005£223,399 £1,818 16
2004£188,597 £2,127 28
2003£185,069 £1,972 21
2002£152,660 £1,844 28
2001£131,219 £1,392 25
2000£115,450 £1,213 20
1999£95,365 £1,053 28
1998£88,705 £1,002 22
1997£95,139 £884 18
1996£83,905 £791 21
1995£70,750 £842 19
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£264,500 £3,667 2
2022£275,000 £3,618 1
2018£110,000 £2,683 1
2017£17,500 £98 1
2016£196,500 £4,648 2

House Type in ME5 8YS area

The most common house types in the ME5 8YS postcode area are Terraced (103), Semi-detached (12), and Detached (4).

Total121
Terraced103
Semi-detached12
Detached4
Flat2
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (37), and Social rented: Other social rented (35).

Owned: Owns with a mortgage or loan37
Social rented: Other social rented35
Owned: Owns outright26
Social rented: Rents from council or Local Authority14
Private rented: Private landlord or letting agency6
Private rented: Other private rented2
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the ME5 8YS have 2 people in household (43), and 1 person in household (25).

2 people in household43
1 person in household25
3 people in household23
4 people in household22
5 people in household7
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0