Housing Market Analysis for ME3 8BW

Are you looking to understand ME3 8BW 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 ME3 8BW area, explore the ME3 8BW Area information page.
For comprehensive crime statistics in the ME3 8BW area, explore the ME3 8BW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME3 8BW postcode area, The average prices are as follows,

    Sold Price Trend Over the Years:

    Below table and chart gives the average ME3 8BW 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.

    All the Sales in the ME3 8BW

    See the table below for more details on the sold house prices in the ME3 8BW, Medway postcode.

    AddressSold DatePrice% Change

    Check out the sold house prices near the ME3 8BW postcode. Properties currently for saleProperties currently for rent

    ME3 8BW Near By properties

    Interactive Map

    This Interactive map can help you visualize the nearby sold house in the ME3 8BW 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 ME3 8BW postcode.

    • Terraced
      • The average price is around £195,562 median price is £195,000 Standard Deviation is £76,474 with Total Sold: 236
      • The Last 5 Year average price is £294,359 with Total Sold: 39
      • The most recent sale happened at this postcode is , 44 GLIMMER WAY: £250,000 (Sold on 16 Sep 2024)
      • The first recorded sale happened at this postcode is , 22 HIGHAM ROAD: £45,500 (Sold on 14 Jul 1995)
    • Detached
      • The average price is around £295,513 median price is £278,000 Standard Deviation is £136,636 with Total Sold: 245
      • The Last 5 Year average price is £491,944 with Total Sold: 36
      • The most recent sale happened at this postcode is , 4 NIVEN CLOSE: £580,000 (Sold on 12 Aug 2024)
      • The first recorded sale happened at this postcode is , 13 HIGHAM ROAD: £113,000 (Sold on 28 Jun 1995)
    • Semi-Detached
      • The average price is around £200,259 median price is £206,500 Standard Deviation is £94,951 with Total Sold: 172
      • The Last 5 Year average price is £332,337 with Total Sold: 20
      • The most recent sale happened at this postcode is , 16 HOLLYWOOD LANE: £430,000 (Sold on 14 Jun 2024)
      • The first recorded sale happened at this postcode is , 49 HIGHAM ROAD: £67,500 (Sold on 01 Feb 1995)
    • Flat
      • The average price is around £165,498 median price is £159,500 Standard Deviation is £36,385 with Total Sold: 84
      • The Last 5 Year average price is £205,591 with Total Sold: 22
      • The most recent sale happened at this postcode is , 28 GLIMMER WAY: £195,000 (Sold on 03 Nov 2023)
      • The first recorded sale happened at this postcode is , 6 JUNO WAY: £155,000 (Sold on 20 Mar 2009)
    • Other
      • The average price is around £359,667 median price is £325,500 Standard Deviation is £123,433 with Total Sold: 3
      • The Last 5 Year average price is £425,250 with Total Sold: 2
      • The most recent sale happened at this postcode is , 1 JUNO WAY: £325,500 (Sold on 24 Jun 2022)
      • The first recorded sale happened at this postcode is , 7 GLIMMER WAY: £228,500 (Sold on 09 Sep 2017)

    Sold Price Trend Over the Years:

    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£263,333 £3,817 3
    2023£283,000 £3,885 4
    2022£337,944 £4,586 9
    2021£271,909 £3,498 11
    2020£328,625 £4,048 4
    2019£276,375 £3,701 8
    2018£251,100 £4,519 5
    2017£241,222 £3,220 9
    2016£259,944 £3,336 9
    2015£217,389 £2,620 9
    2014£206,028 £2,543 18
    2013£208,850 £2,290 20
    2012£181,218 £2,340 26
    2011£182,577 £2,233 21
    2010£177,962 £2,538 10
    2009£207,950 £3,761 10
    2008£179,0001
    2007£169,500 £2,111 2
    2006£163,999 £2,847 6
    2005£223,198 £2,611 5
    2004£148,665 £2,421 3
    2003£136,249 £1,653 4
    2002£114,498 £2,007 6
    2001£93,248 £1,401 4
    2000£85,498 £1,614 2
    1999£77,817 £1,398 3
    1998£70,218 £1,069 14
    1997£69,107 £1,179 7
    1995£39,833 £583 3
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£538,3754
    2023£607,400 £4,098 5
    2022£585,000 £4,734 3
    2021£467,500 £3,546 7
    2020£427,000 £3,379 7
    2019£450,300 £3,714 10
    2018£489,667 £3,818 6
    2017£369,000 £2,574 2
    2016£451,667 £3,729 6
    2015£384,000 £3,244 5
    2014£351,625 £3,151 8
    2013£276,788 £2,607 12
    2012£291,423 £2,050 13
    2011£387,071 £2,431 7
    2010£312,330 £2,667 11
    2009£280,111 £2,847 9
    2008£344,667 £3,046 3
    2007£296,400 £2,634 5
    2006£320,000 £4,145 4
    2005£303,333 £2,107 6
    2004£293,249 £2,224 12
    2003£261,998 £2,214 10
    2002£210,916 £1,523 6
    2001£243,661 £1,748 33
    2000£150,200 £1,328 7
    1999£122,600 £871 4
    1998£135,439 £1,133 31
    1997£133,200 £971 5
    1996£75,000 £302 2
    1995£89,0002
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£430,0001
    2023£334,250 £4,865 3
    2022£364,000 £4,263 2
    2021£376,167 £3,699 6
    2020£300,000 £4,077 2
    2019£271,499 £3,097 6
    2018£299,625 £3,584 4
    2017£319,000 £3,831 5
    2016£270,500 £3,397 10
    2015£263,750 £2,736 2
    2014£247,062 £2,512 8
    2013£224,025 £2,294 20
    2012£224,833 £2,221 9
    2011£177,167 £2,234 3
    2010£218,481 £2,398 16
    2009£218,750 £2,737 6
    2008£245,0001
    2007£230,199 £3,146 5
    2006£163,000 £2,261 5
    2005£260,000 £942 2
    2004£186,5002
    2003£121,250 £1,192 2
    2002£128,081 £1,811 6
    2001£106,314 £1,657 7
    2000£102,454 £1,569 11
    1998£72,018 £1,162 19
    1997£70,600 £1,055 6
    1996£53,0002
    1995£67,500 £804 1
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£210,000 £3,756 2
    2022£238,000 £11,135 4
    2021£199,786 £7,092 7
    2020£191,417 £3,349 6
    2019£201,333 £2,935 3
    2018£200,500 £3,387 3
    2017£198,500 £3,110 4
    2016£162,100 £8,098 5
    2015£160,600 £8,774 5
    2014£136,643 £2,176 7
    2013£141,317 £2,331 13
    2012£134,375 £3,752 12
    2011£142,145 £13,303 5
    2010£155,875 £15,715 4
    2009£157,375 £10,089 4
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2022£325,500 £5,918 1
    2021£525,000 £7,000 1
    2017£228,500 £3,685 1

    House Type in ME3 8BW area

    The most common house types in the ME3 8BW postcode area are Detached (86), Semi-detached (53), and Terraced (44).

    Total210
    Detached86
    Semi-detached53
    Terraced44
    Flat27
    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 (111), and Owned: Owns outright (70).

    Owned: Owns with a mortgage or loan111
    Owned: Owns outright70
    Private rented: Private landlord or letting agency19
    Social rented: Other social rented8
    Private rented: Other private rented2
    Does not apply0
    Shared ownership: Shared ownership0
    Social rented: Rents from council or Local Authority0
    Lives rent free0

    Number of People in a Household

    The most houses in the ME3 8BW have 2 people in household (69), and 3 people in household (53).

    2 people in household69
    3 people in household53
    1 person in household42
    4 people in household31
    5 people in household12
    7 people in household1
    0 people in household0
    6 people in household0
    8 or more people in household0