Housing Market Analysis for HOOK CLOSE, ME5 9TP

Are you looking to understand ME5 9TP 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 9TP area, explore the ME5 9TP Area information page.
For comprehensive crime statistics in the ME5 9TP area, explore the ME5 9TP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME5 9TP postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £126,804 median price is £89,000 Standard Deviation is £84,867 with Total Sold: 23
- The Last 5 Year average price is £288,000 with Total Sold: 4
- The most recent sale happened at this postcode is 3 HOOK CLOSE: £281,000 (Sold on 29 Jul 2024)
- The first recorded sale happened at this postcode is 10 HOOK CLOSE: £49,000 (Sold on 07 Dec 1995)
Terraced
- The average price is around £164,129 median price is £135,000 Standard Deviation is £91,576 with Total Sold: 25
- The Last 5 Year average price is £283,844 with Total Sold: 8
- The most recent sale happened at this postcode is 31 HOOK CLOSE: £325,000 (Sold on 09 May 2023)
- The first recorded sale happened at this postcode is 20 HOOK CLOSE: £300,000 (Sold on 04 Jun 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average ME5 9TP 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£281,000		1
2023	£267,000	£4,450	1
2021	£366,000	£5,903	1
2019	£238,000	£3,617	1
2016	£144,500	£2,331	1
2015	£177,500	£2,910	1
2006	£142,995	£2,344	1
2004	£113,749	£1,750	4
2002	£94,998	£1,451	2
2001	£89,000	£1,203	1
2000	£72,000	£1,180	1
1999	£75,750	£912	2
1998	£63,000	£887	1
1997	£61,000	£851	3
1996	£47,000	£662	1
1995	£49,000	£521	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£325,000	£4,577	1
2022	£315,000	£4,500	1
2021	£271,938	£3,494	4
2019	£243,000	£3,423	1
2016	£223,000	£3,141	1
2014	£150,000	£2,113	1
2013	£160,000	£2,254	1
2009	£138,000		1
2006	£135,000	£1,901	1
2003	£133,500	£1,880	1
2002	£108,499	£1,695	5
1999	£60,498	£858	4
1998	£57,000		1
1997	£51,500		1
2024	£300,000		1

All the Sales in the HOOK CLOSE, ME5 9TP

See the table below for more details on the sold house prices in the ME5 9TP, Medway postcode.

Address	Sold Date	Price	% Change
3 HOOK CLOSESemi-Detached, Freehold	29 Jul 2024	£281,000	87.34%
	17 Dec 2004	£149,995	68.53%
	26 Oct 2001	£89,000	31.85%
	24 Nov 1999	£67,500	First Sale
31 HOOK CLOSETerraced, FreeholdArea: 71 Sq.mtrAge: 1967-1975	09 May 2023	£325,000	116.67%
	05 Feb 2014	£150,000	12.36%
	20 Nov 2003	£133,500	111.92%
	04 May 1999	£62,995	First Sale
4 HOOK CLOSESemi-Detached, FreeholdArea: 60 Sq.mtrAge: 1967-1975	30 Jan 2023	£267,000	96.32%
	02 Jul 2004	£136,000	195.65%
	25 Jul 1997	£46,000	First Sale
36 HOOK CLOSETerraced, FreeholdArea: 70 Sq.mtrAge: 1967-1975	09 Dec 2022	£315,000	First Sale
25 HOOK CLOSETerraced, FreeholdArea: 108 Sq.mtrAge: 1950-1966	14 Dec 2021	£291,250	First Sale
7 HOOK CLOSESemi-Detached, FreeholdArea: 62 Sq.mtrAge: 1967-1975	13 Sep 2021	£366,000	153.29%
	24 Mar 2016	£144,500	First Sale
35 HOOK CLOSETerraced, FreeholdArea: 71 Sq.mtrAge: 1967-1975	31 Aug 2021	£260,000	16.59%
	15 Jul 2016	£223,000	116.50%
	27 Mar 2002	£103,000	63.49%
	14 Aug 1998	£63,000	34.04%
	09 Dec 1996	£47,000	First Sale
26 HOOK CLOSETerraced, FreeholdArea: 70.9 Sq.mtrAge: 1967-1975	16 Jul 2021	£256,500	128.00%
	13 Sep 2002	£112,500	First Sale
34 HOOK CLOSETerraced, FreeholdArea: 70 Sq.mtrAge: 1950-1966	04 Mar 2021	£280,000	166.67%
	18 Oct 2002	£105,000	81.03%
	29 Jan 1999	£58,000	First Sale
39 HOOK CLOSETerraced, FreeholdArea: 71 Sq.mtrAge: 1976-1982	08 Nov 2019	£243,000	51.88%
	28 Oct 2013	£160,000	18.52%
	14 Jul 2006	£135,000	First Sale
15 HOOK CLOSESemi-Detached, FreeholdArea: 65.8 Sq.mtrAge: 1950-1966	06 Jun 2019	£238,000	First Sale
11 HOOK CLOSESemi-Detached, FreeholdArea: 61 Sq.mtrAge: 1976-1982	27 Feb 2015	£177,500	24.13%
	06 Nov 2006	£142,995	98.60%
	06 Mar 2000	£72,000	26.32%
	06 Oct 1997	£57,000	First Sale
17 HOOK CLOSETerraced, Freehold	21 May 2009	£138,000	First Sale
9 HOOK CLOSESemi-Detached, FreeholdArea: 63.2 Sq.mtrAge: 1950-1966	20 Apr 2004	£44,000	First Sale
6 HOOK CLOSESemi-Detached, FreeholdArea: 62.15 Sq.mtrAge: 1967-1975	26 Mar 2004	£125,000	First Sale
42 HOOK CLOSETerraced, Freehold	29 Nov 2002	£117,995	87.31%
42 HOOK CLOSETerraced, Freehold	21 Jun 1999	£62,995	First Sale
27 HOOK CLOSETerraced, FreeholdArea: 72 Sq.mtrAge: 1967-1975	09 Sep 2002	£110,000	First Sale
8 HOOK CLOSESemi-Detached, Freehold	17 Apr 2002	£86,995	First Sale
28 HOOK CLOSETerraced, FreeholdArea: 42 Sq.mtrAge: 1991-1995	30 Jan 2002	£97,000	First Sale
1 HOOK CLOSESemi-Detached, Freehold	23 Apr 1999	£84,000	5.00%
1 HOOK CLOSESemi-Detached, Freehold	29 Aug 1997	£80,000	First Sale
43 HOOK CLOSETerraced, Freehold	06 Apr 1999	£58,000	First Sale
37 HOOK CLOSETerraced, Freehold	26 Jan 1998	£57,000	First Sale
33 HOOK CLOSETerraced, Freehold	31 Oct 1997	£51,500	First Sale
10 HOOK CLOSESemi-Detached, FreeholdArea: 94 Sq.mtrAge: 1950-1966	07 Dec 1995	£49,000	First Sale
20 HOOK CLOSETerraced, Freehold	04 Jun 2024	£300,000	First Sale

Check out the sold house prices near the ME5 9TP postcode. Properties currently for saleProperties currently for rent

HOOK CLOSE, ME5 9TP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME5 9TP 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 9TP postcode.

Detached
- The average price is around £245,123 median price is £225,000 Standard Deviation is £130,268 with Total Sold: 291
- The Last 5 Year average price is £437,681 with Total Sold: 36
- The most recent sale happened at this postcode is , 124 SNODHURST AVENUE: £610,000 (Sold on 03 Sep 2024)
- The first recorded sale happened at this postcode is , 15 KING GEORGE ROAD: £63,500 (Sold on 27 Jan 1995)
Semi-Detached
- The average price is around £158,391 median price is £149,445 Standard Deviation is £85,014 with Total Sold: 1,241
- The Last 5 Year average price is £281,806 with Total Sold: 213
- The most recent sale happened at this postcode is , 77 WATSON AVENUE: £225,000 (Sold on 02 Sep 2024)
- The first recorded sale happened at this postcode is , 39 MEADOW CLOSE: £62,000 (Sold on 27 Jan 1995)
Terraced
- The average price is around £143,654 median price is £134,000 Standard Deviation is £72,786 with Total Sold: 1,005
- The Last 5 Year average price is £248,879 with Total Sold: 182
- The most recent sale happened at this postcode is , 172 KING GEORGE ROAD: £370,000 (Sold on 01 Aug 2024)
- The first recorded sale happened at this postcode is , 182 KING GEORGE ROAD: £28,875 (Sold on 03 Feb 1995)
Other
- The average price is around £1,747,308 median price is £142,500 Standard Deviation is £4,866,211 with Total Sold: 16
- The Last 5 Year average price is £3,549,985 with Total Sold: 7
- The most recent sale happened at this postcode is , 86 HURSTWOOD: £265,000 (Sold on 05 Jun 2024)
- The first recorded sale happened at this postcode is , HEALTH CLUB MAIDSTONE ROAD: £2,589,537 (Sold on 01 Sep 2014)
Flat
- The average price is around £89,186 median price is £85,000 Standard Deviation is £51,005 with Total Sold: 107
- The Last 5 Year average price is £167,889 with Total Sold: 9
- The most recent sale happened at this postcode is , 2A VALE DRIVE: £200,000 (Sold on 02 Feb 2024)
- The first recorded sale happened at this postcode is FLAT 4, PINE HOUSE GORSE AVENUE: £15,500 (Sold on 04 Sep 1995)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£471,250		4
2023	£517,000	£4,194	4
2022	£349,333	£4,353	6
2021	£468,714	£3,840	14
2020	£403,333	£3,601	6
2019	£362,750	£4,391	2
2018	£388,000	£3,256	6
2017	£321,181	£3,248	11
2016	£364,500	£3,652	14
2015	£290,875	£3,134	12
2014	£294,611	£2,527	9
2013	£248,500	£2,222	10
2012	£285,999	£1,924	5
2011	£207,286	£2,486	7
2010	£288,000	£2,093	10
2009	£204,000	£2,715	4
2008	£325,125	£1,942	4
2007	£267,769	£3,003	13
2006	£265,786	£2,027	14
2005	£202,555	£2,615	9
2004	£240,900	£2,166	20
2003	£201,909	£1,996	11
2002	£175,186	£1,756	8
2001	£153,961	£1,235	18
2000	£138,125	£1,220	16
1999	£123,279	£1,053	17
1998	£111,625	£854	8
1997	£92,769	£810	13
1996	£75,874	£689	8
1995	£107,172	£809	8

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£297,882	£2,583	17
2023	£300,529	£4,037	42
2022	£311,514	£4,003	36
2021	£279,415	£3,718	47
2020	£256,578	£3,699	32
2019	£250,795	£3,364	39
2018	£258,920	£3,530	29
2017	£250,171	£3,528	35
2016	£236,393	£3,094	42
2015	£206,940	£2,912	58
2014	£176,125	£2,527	40
2013	£158,572	£2,178	29
2012	£149,175	£1,981	34
2011	£144,836	£1,995	29
2010	£148,267	£1,915	30
2009	£141,204	£2,027	24
2008	£172,350	£2,347	20
2007	£169,221	£2,143	52
2006	£155,653	£1,922	52
2005	£153,322	£2,031	29
2004	£140,745	£1,948	67
2003	£127,606	£1,687	48
2002	£108,639	£1,439	57
2001	£90,235	£1,186	52
2000	£77,695	£958	52
1999	£64,051	£777	55
1998	£61,788	£835	56
1997	£55,922	£681	53
1996	£53,073	£696	51
1995	£49,101	£663	34

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£265,889		9
2023	£265,717	£4,043	23
2022	£287,566	£3,932	34
2021	£249,705	£3,167	45
2020	£220,562	£3,042	32
2019	£223,577	£2,956	39
2018	£225,772	£2,901	25
2017	£216,978	£2,972	29
2016	£204,278	£2,815	45
2015	£175,621	£2,347	29
2014	£152,921	£2,191	36
2013	£135,754	£1,713	28
2012	£135,652	£1,818	33
2011	£133,500	£1,870	20
2010	£134,589	£1,745	27
2009	£130,700	£1,615	25
2008	£145,766	£1,978	15
2007	£146,796	£2,130	49
2006	£137,014	£1,908	53
2005	£130,704	£1,881	22
2004	£125,664	£1,792	58
2003	£113,312	£1,547	41
2002	£91,619	£1,265	58
2001	£70,833	£982	44
2000	£64,836	£862	37
1999	£53,775	£688	47
1998	£50,693	£694	39
1997	£45,747	£647	22
1996	£42,769	£587	25
1995	£39,945	£546	16

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£265,000		1
2023	£20,351,894		1
2022	£1,242,667	£3,953	3
2021	£165,000	£4,066	1
2019	£340,000	£5,075	1
2018	£80,500		4
2017	£500		1
2016	£90,000		1
2015	£52,500		2
2014	£2,589,537		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£200,000	£4,444	1
2023	£140,000	£2,980	2
2022	£151,500	£3,467	2
2021	£188,000	£4,372	1
2020	£135,000	£2,935	1
2019	£202,500	£4,252	2
2018	£207,750	£5,200	2
2017	£152,250	£3,482	4
2016	£144,900	£2,683	5
2015	£117,000	£2,654	4
2014	£128,365	£2,648	3
2013	£84,125	£1,918	4
2012	£92,500	£1,940	4
2011	£93,333	£2,779	3
2010	£91,000	£2,085	5
2009	£79,750	£1,529	2
2008	£105,500	£2,173	4
2007	£122,333	£2,733	3
2006	£90,571	£1,997	7
2005	£85,800	£1,802	5
2004	£86,500	£1,600	3
2003	£73,846	£1,820	6
2002	£64,248	£1,342	6
2001	£38,666	£1,038	6
2000	£34,998	£856	3
1999	£31,948	£748	5
1998	£29,375	£632	8
1997	£30,833	£684	3
1996	£24,500	£558	2
1995	£15,500	£316	1

House Type in ME5 9TP area

The most common house types in the ME5 9TP postcode area are Detached (63), Terraced (27), and Semi-detached (18).

Total	108
Detached	63
Terraced	27
Semi-detached	18
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 outright (54), and Owned: Owns with a mortgage or loan (42).

Owned: Owns outright	54
Owned: Owns with a mortgage or loan	42
Private rented: Other private rented	4
Private rented: Private landlord or letting agency	3
Social rented: Rents from council or Local Authority	2
Social rented: Other social rented	2
Shared ownership: Shared ownership	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the ME5 9TP have 2 people in household (37), and 1 person in household (22).

2 people in household	37
1 person in household	22
3 people in household	19
4 people in household	18
5 people in household	11
8 or more people in household	1
0 people in household	0
6 people in household	0
7 people in household	0