Housing Market Analysis for GREENBANK CLOSE, ME7 3SG

Are you looking to understand ME7 3SG 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 ME7 3SG area, explore the ME7 3SG Area information page.
For comprehensive crime statistics in the ME7 3SG area, explore the ME7 3SG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME7 3SG postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £162,772 median price is £167,000 Standard Deviation is £92,204 with Total Sold: 11
- The Last 5 Year average price is £355,000 with Total Sold: 1
- The most recent sale happened at this postcode is 26 GREENBANK CLOSE: £355,000 (Sold on 31 Jan 2024)
- The first recorded sale happened at this postcode is 4 GREENBANK CLOSE: £55,000 (Sold on 11 Aug 1995)
Terraced
- The average price is around £179,538 median price is £168,750 Standard Deviation is £98,490 with Total Sold: 52
- The Last 5 Year average price is £325,400 with Total Sold: 10
- The most recent sale happened at this postcode is 1 GREENBANK CLOSE: £353,000 (Sold on 28 Oct 2022)
- The first recorded sale happened at this postcode is 44 GREENBANK CLOSE: £337,500 (Sold on 05 Mar 2024)
Detached
- The average price is around £341,888 median price is £352,000 Standard Deviation is £116,340 with Total Sold: 9
- The Last 5 Year average price is £455,000 with Total Sold: 1
- The most recent sale happened at this postcode is 15 GREENBANK CLOSE: £455,000 (Sold on 24 Aug 2022)
- The first recorded sale happened at this postcode is 15 GREENBANK CLOSE: £142,000 (Sold on 18 Nov 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average ME7 3SG 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	£355,000		1
2018	£299,995	£4,348	1
2013	£180,000	£2,609	1
2012	£180,000	£2,609	1
2007	£185,000	£2,467	1
2005	£167,000	£2,456	1
2003	£153,000		1
1999	£80,000	£1,159	1
1997	£69,995	£933	1
1996	£65,500	£949	1
1995	£55,000	£809	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£361,667	£4,129	3
2021	£325,375	£3,556	4
2019	£240,000	£2,857	1
2018	£267,000	£3,761	1
2017	£265,000	£3,732	1
2016	£295,000	£2,918	2
2015	£236,750	£3,288	4
2013	£172,500	£2,430	1
2012	£177,000	£2,340	1
2011	£172,500	£2,066	1
2009	£162,000	£2,348	1
2008	£212,500	£1,647	1
2007	£190,333	£2,407	3
2006	£165,000	£2,324	1
2005	£173,000	£2,419	2
2004	£153,250	£1,824	1
2003	£153,000	£1,832	1
2002	£115,000		1
2001	£106,750	£1,286	4
2000	£95,435	£1,170	4
1999	£84,250	£1,236	2
1998	£77,000	£1,013	2
1997	£73,000		1
1996	£59,500	£724	2
1995	£58,000	£676	5
2024	£313,750	£4,688	2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£455,000	£2,872	1
2017	£505,000	£3,389	1
2014	£419,000	£2,870	1
2013	£375,000	£2,328	1
2010	£350,000	£2,173	1
2006	£338,000	£2,110	2
2000	£154,995	£1,040	1
1997	£142,000	£896	1

All the Sales in the GREENBANK CLOSE, ME7 3SG

See the table below for more details on the sold house prices in the ME7 3SG, Medway postcode.

Address	Sold Date	Price	% Change
26 GREENBANK CLOSESemi-Detached, Freehold	31 Jan 2024	£355,000	91.89%
26 GREENBANK CLOSESemi-Detached, Freehold	26 Jul 2007	£185,000	First Sale
1 GREENBANK CLOSETerraced, FreeholdArea: 71 Sq.mtrAge: 1976-1982	28 Oct 2022	£353,000	33.21%
	23 Aug 2017	£265,000	53.62%
	01 Feb 2013	£172,500	5.83%
	22 Jul 2005	£163,000	67.18%
	31 May 2001	£97,500	First Sale
15 GREENBANK CLOSEDetached, FreeholdArea: 158.4 Sq.mtrAge: 1967-1975	24 Aug 2022	£455,000	40.43%
	18 Sep 2006	£324,000	128.17%
	18 Nov 1997	£142,000	First Sale
52 GREENBANK CLOSETerraced, FreeholdArea: 76 Sq.mtrAge: 1976-1982	06 Jun 2022	£322,000	28.80%
	23 Oct 2015	£250,000	354.55%
	29 Mar 1996	£55,000	First Sale
8 GREENBANK CLOSETerraced, FreeholdArea: 129 Sq.mtrAge: 1967-1975	04 Feb 2022	£410,000	30.16%
	30 Sep 2016	£315,000	48.24%
	04 Apr 2008	£212,500	First Sale
22 GREENBANK CLOSETerraced, FreeholdArea: 80.7 Sq.mtrAge: 1967-1975	17 Sep 2021	£316,500	216.52%
	31 May 2000	£99,995	33.33%
	12 Mar 1998	£75,000	First Sale
16 GREENBANK CLOSETerraced, FreeholdArea: 135 Sq.mtrAge: 1967-1975	04 Jun 2021	£395,000	203.85%
	31 May 2001	£130,000	First Sale
50 GREENBANK CLOSETerraced, FreeholdArea: 84 Sq.mtrAge: 1983-1990	23 Apr 2021	£310,000	29.17%
	24 May 2019	£240,000	56.61%
	01 Jun 2004	£153,250	First Sale
34 GREENBANK CLOSETerraced, FreeholdArea: 76 Sq.mtrAge: 1976-1982	08 Feb 2021	£280,000	First Sale
56 GREENBANK CLOSETerraced, FreeholdArea: 71 Sq.mtrAge: 1983-1990	26 Oct 2018	£267,000	16.09%
	25 Aug 2015	£230,000	39.39%
	27 Mar 2006	£165,000	243.75%
	27 Oct 1995	£48,000	First Sale
42 GREENBANK CLOSESemi-Detached, FreeholdArea: 69 Sq.mtrAge: 1967-1975	13 Jun 2018	£299,995	66.66%
	18 Oct 2013	£180,000	0.0
	30 Nov 2012	£180,000	125.00%
	29 Nov 1999	£80,000	22.14%
	12 Jan 1996	£65,500	First Sale
9 GREENBANK CLOSEDetached, FreeholdArea: 149 Sq.mtrAge: 1976-1982	14 Jul 2017	£505,000	225.82%
	07 Jul 2000	£154,995	First Sale
6 GREENBANK CLOSETerraced, FreeholdArea: 81 Sq.mtrAge: 1976-1982	24 Jun 2016	£275,000	41.03%
	29 Aug 2007	£195,000	118.49%
	15 Dec 2000	£89,250	First Sale
54 GREENBANK CLOSETerraced, FreeholdArea: 69 Sq.mtrAge: 1976-1982	29 Oct 2015	£227,000	40.12%
	30 Oct 2009	£162,000	First Sale
44 GREENBANK CLOSETerraced, FreeholdArea: 72 Sq.mtrAge: 1976-1982	28 Jul 2015	£240,000	31.15%
	25 Jul 2005	£183,000	67.12%
	07 Feb 2001	£109,500	23.03%
	16 Dec 1999	£89,000	12.66%
	24 Jul 1998	£79,000	-76.59%
	05 Mar 2024	£337,500	First Sale
17 GREENBANK CLOSEDetached, FreeholdArea: 146 Sq.mtrAge: 1967-1975	15 Aug 2014	£419,000	First Sale
11 GREENBANK CLOSEDetached, FreeholdArea: 161.06 Sq.mtrAge: 1976-1982	16 Jul 2013	£375,000	7.14%
	07 Jul 2010	£350,000	First Sale
36 GREENBANK CLOSETerraced, FreeholdArea: 75.65 Sq.mtrAge: 1976-1982	06 Jan 2012	£177,000	First Sale
24 GREENBANK CLOSETerraced, FreeholdArea: 83.51 Sq.mtrAge: 1983-1990	25 Mar 2011	£172,500	12.75%
	02 May 2003	£153,000	First Sale
38 GREENBANK CLOSETerraced, Freehold	05 Sep 2007	£195,000	First Sale
20 GREENBANK CLOSETerraced, Freehold	23 Jul 2007	£181,000	95.68%
	02 May 2000	£92,500	26.71%
	15 Sep 1997	£73,000	14.06%
	03 Apr 1995	£64,000	First Sale
13 GREENBANK CLOSEDetached, FreeholdArea: 161.9 Sq.mtrAge: 1976-1982	29 Sep 2006	£352,000	First Sale
4 GREENBANK CLOSESemi-Detached, FreeholdArea: 68 Sq.mtrAge: 1983-1990	23 Feb 2005	£167,000	203.64%
	11 Aug 1995	£55,000	First Sale
12 GREENBANK CLOSESemi-Detached, Freehold	18 Mar 2003	£153,000	First Sale
10 GREENBANK CLOSETerraced, Freehold	30 Jan 2002	£115,000	First Sale
3 GREENBANK CLOSETerraced, Freehold	16 Mar 2001	£90,000	50.00%
3 GREENBANK CLOSETerraced, Freehold	30 Jun 1995	£60,000	First Sale
14 GREENBANK CLOSETerraced, Freehold	05 Jul 2000	£99,995	First Sale
46 GREENBANK CLOSETerraced, Freehold	23 Jul 1999	£79,500	First Sale
28 GREENBANK CLOSESemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1983-1990	29 May 1997	£69,995	First Sale
7 GREENBANK CLOSETerraced, Freehold	09 Dec 1996	£64,000	8.47%
7 GREENBANK CLOSETerraced, Freehold	30 Nov 1995	£59,000	First Sale
5 GREENBANK CLOSETerraced, Freehold	02 Jun 1995	£59,000	First Sale
2 GREENBANK CLOSETerraced, Freehold	14 Feb 2024	£290,000	First Sale

Check out the sold house prices near the ME7 3SG postcode. Properties currently for saleProperties currently for rent

GREENBANK CLOSE, ME7 3SG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME7 3SG 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 ME7 3SG postcode.

Terraced
- The average price is around £155,743 median price is £148,000 Standard Deviation is £84,207 with Total Sold: 453
- The Last 5 Year average price is £276,587 with Total Sold: 67
- The most recent sale happened at this postcode is , 10 HONEY CLOSE: £290,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 55 LAMPLIGHTERS CLOSE: £81,000 (Sold on 20 Mar 1995)
Semi-Detached
- The average price is around £198,466 median price is £189,248 Standard Deviation is £103,587 with Total Sold: 672
- The Last 5 Year average price is £351,592 with Total Sold: 103
- The most recent sale happened at this postcode is , 16 PLUMTREE GROVE: £325,000 (Sold on 05 Sep 2024)
- The first recorded sale happened at this postcode is , 63 CEDAR GROVE: £68,000 (Sold on 03 Mar 1995)
Detached
- The average price is around £311,534 median price is £287,000 Standard Deviation is £168,798 with Total Sold: 625
- The Last 5 Year average price is £542,818 with Total Sold: 96
- The most recent sale happened at this postcode is , 108 WIGMORE ROAD: £650,000 (Sold on 15 Mar 2024)
- The first recorded sale happened at this postcode is , 2 MAGDALEN CLOSE: £101,000 (Sold on 20 Jan 1995)
Flat
- The average price is around £107,651 median price is £110,500 Standard Deviation is £55,977 with Total Sold: 96
- The Last 5 Year average price is £184,864 with Total Sold: 11
- The most recent sale happened at this postcode is , 2 COPPICE COURT: £200,000 (Sold on 31 Jan 2024)
- The first recorded sale happened at this postcode is , 12A COPPICE COURT: £55,000 (Sold on 05 Apr 1995)
Other
- The average price is around £219,567 median price is £210,000 Standard Deviation is £200,695 with Total Sold: 9
- The Last 5 Year average price is £281,000 with Total Sold: 6
- The most recent sale happened at this postcode is GARAGE, 71 BIRCH GROVE: £15,000 (Sold on 15 Mar 2023)
- The first recorded sale happened at this postcode is , 233A HEMPSTEAD ROAD: £210,000 (Sold on 11 Jan 2018)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£305,600	£4,744	10
2023	£276,474	£4,503	6
2022	£309,750	£4,165	14
2021	£272,375	£3,916	20
2020	£265,600	£5,009	5
2019	£225,375	£3,744	12
2018	£248,556	£4,049	9
2017	£266,136	£3,852	11
2016	£226,856	£3,410	18
2015	£198,500	£3,054	20
2014	£167,528	£2,854	18
2013	£167,654	£2,360	13
2012	£160,444	£2,519	9
2011	£151,222	£2,419	9
2010	£169,444	£2,446	9
2009	£151,528	£2,265	9
2008	£161,321	£2,808	7
2007	£176,489	£2,598	24
2006	£167,824	£2,351	20
2005	£153,448	£2,332	14
2004	£151,283	£2,293	15
2003	£138,099	£2,094	15
2002	£101,617	£1,668	25
2001	£109,977	£1,434	22
2000	£79,891	£1,227	26
1999	£72,187	£1,086	16
1998	£63,163	£990	21
1997	£51,735	£884	17
1996	£59,483	£828	18
1995	£58,786	£820	21

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£391,167	£4,924	9
2023	£376,295	£4,449	22
2022	£355,938	£4,561	16
2021	£345,601	£3,985	20
2020	£342,265	£4,018	17
2019	£315,237	£3,863	19
2018	£321,376	£3,844	17
2017	£323,519	£3,799	26
2016	£303,455	£3,518	20
2015	£256,250	£3,091	18
2014	£236,874	£2,989	20
2013	£209,035	£2,598	20
2012	£194,312	£2,544	21
2011	£184,346	£2,239	13
2010	£186,500	£2,555	17
2009	£184,396	£2,479	24
2008	£204,821	£2,440	14
2007	£208,256	£2,673	34
2006	£204,846	£2,233	26
2005	£196,249	£2,483	14
2004	£192,664	£2,287	26
2003	£159,686	£1,984	23
2002	£150,134	£1,719	26
2001	£121,319	£1,429	36
2000	£109,757	£1,323	27
1999	£90,774	£1,052	29
1998	£94,172	£1,000	29
1997	£78,573	£916	34
1996	£68,126	£837	29
1995	£63,808	£813	26

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£737,500	£3,287	2
2023	£600,050	£4,307	10
2022	£616,109	£4,437	14
2021	£538,530	£4,556	35
2020	£523,045	£3,588	22
2019	£434,923	£3,731	13
2018	£456,455	£3,723	11
2017	£472,895	£3,870	19
2016	£458,722	£3,492	27
2015	£399,786	£3,132	28
2014	£327,447	£2,759	19
2013	£341,556	£2,495	18
2012	£329,056	£2,587	18
2011	£330,000	£2,138	12
2010	£333,769	£2,424	13
2009	£312,688	£2,295	16
2008	£351,363	£2,408	15
2007	£325,954	£2,457	23
2006	£320,939	£2,270	24
2005	£302,418	£1,969	19
2004	£332,994	£2,085	16
2003	£272,245	£1,914	22
2002	£220,741	£1,649	34
2001	£204,875	£1,439	28
2000	£180,178	£1,179	28
1999	£146,696	£982	28
1998	£140,152	£987	23
1997	£127,954	£955	33
1996	£113,925	£828	32
1995	£104,304	£788	23

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£200,000	£3,226	1
2023	£185,500	£3,685	2
2022	£160,000	£3,077	2
2021	£199,000	£2,976	5
2020	£147,500	£3,430	1
2018	£140,000	£3,043	1
2017	£193,750	£3,656	4
2016	£180,000	£3,137	4
2015	£167,500	£2,656	2
2014	£146,000	£2,782	2
2012	£156,000	£2,438	1
2011	£158,000	£2,548	1
2010	£127,000	£2,319	2
2009	£132,667	£2,166	3
2008	£147,000	£2,554	2
2007	£129,500	£2,652	4
2006	£128,167	£2,318	6
2005	£136,000		1
2004	£113,375	£2,131	4
2003	£114,000	£1,987	4
2002	£88,417	£1,662	6
2001	£66,500	£1,315	4
2000	£57,167	£1,193	3
1999	£55,999	£940	6
1998	£49,500	£940	5
1997	£46,749	£899	8
1996	£41,417	£755	6
1995	£45,417	£782	6

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£15,000		1
2021	£551,500		1
2020	£272,000	£2,925	1
2019	£282,500	£1,524	3
2018	£96,700	£637	3

House Type in ME7 3SG area

The most common house types in the ME7 3SG postcode area are Terraced (82), Semi-detached (41), and Detached (10).

Total	135
Terraced	82
Semi-detached	41
Detached	10
Flat	1
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 (54), and Owned: Owns outright (46).

Owned: Owns with a mortgage or loan	54
Owned: Owns outright	46
Private rented: Private landlord or letting agency	30
Private rented: Other private rented	3
Shared ownership: Shared ownership	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the ME7 3SG have 2 people in household (47), and 1 person in household (40).

2 people in household	47
1 person in household	40
3 people in household	28
4 people in household	16
5 people in household	5
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0