Housing Market Analysis for ME3 8DE

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

Overview of Sold House prices

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

  • Other
    • The average price is around £525,000 median price is £525,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £525,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 NEW BARN FARM COTTAGES: £525,000 (Sold on 30 Jun 2021)
    • The first recorded sale happened at this postcode is 1 NEW BARN FARM COTTAGES: £525,000 (Sold on 30 Jun 2021)
  • Semi-Detached
    • The average price is around £377,500 median price is £355,000 Standard Deviation is £78,222 with Total Sold: 4
    • The most recent sale happened at this postcode is 2 NEW BARN FARM COTTAGES: £500,000 (Sold on 26 Feb 2016)
    • The first recorded sale happened at this postcode is 1, THE GREAT BARN: £320,000 (Sold on 13 Mar 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average ME3 8DE 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£525,000 £5,645 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£500,000 £4,762 1
2012£390,000 £3,714 1
1998£310,000 £990 2

All the Sales in the ME3 8DE

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

AddressSold DatePrice% Change
1 NEW BARN FARM COTTAGESOther, FreeholdArea: 93 Sq.mtrAge: 1930-194930 Jun 2021£525,000First Sale
2 NEW BARN FARM COTTAGESSemi-Detached, FreeholdArea: 105 Sq.mtrAge: 1930-194926 Feb 2016£500,00028.21%
30 Oct 2012£390,000First Sale
2, THE GREAT BARNSemi-Detached, FreeholdArea: 303 Sq.mtrAge: before 190023 Mar 1998£300,000First Sale
1, THE GREAT BARNSemi-Detached, Freehold13 Mar 1998£320,000First Sale

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

ME3 8DE Near By properties

Interactive Map

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

  • Detached
    • The average price is around £855,000 median price is £675,000 Standard Deviation is £331,587 with Total Sold: 3
    • The Last 5 Year average price is £1,320,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , COOLING COURT : £1,320,000 (Sold on 22 Oct 2021)
    • The first recorded sale happened at this postcode is , COOLING COURT FARM : £570,000 (Sold on 24 Jun 2011)
  • Other
    • The average price is around £525,000 median price is £525,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £525,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 1 NEW BARN FARM COTTAGES: £525,000 (Sold on 30 Jun 2021)
    • The first recorded sale happened at this postcode is , 1 NEW BARN FARM COTTAGES: £525,000 (Sold on 30 Jun 2021)
  • Semi-Detached
    • The average price is around £411,667 median price is £432,500 Standard Deviation is £80,139 with Total Sold: 6
    • The Last 5 Year average price is £480,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 3 COOLING COURT COTTAGES: £485,000 (Sold on 05 Feb 2021)
    • The first recorded sale happened at this postcode is 1, THE GREAT BARN : £320,000 (Sold on 13 Mar 1998)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£1,320,000 £4,871 1
2014£675,000 £2,118 1
2011£570,000 £1,789 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£525,000 £5,645 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£485,000 £3,674 1
2020£475,000 £3,831 1
2016£500,000 £4,762 1
2012£390,000 £3,714 1
1998£310,000 £990 2

House Type in ME3 8DE area

The most common house types in the ME3 8DE postcode area are Detached (38), Semi-detached (30), and Terraced (13).

Total84
Detached38
Semi-detached30
Terraced13
Flat2
commercial building1
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (38), and Owned: Owns with a mortgage or loan (29).

Owned: Owns outright38
Owned: Owns with a mortgage or loan29
Private rented: Private landlord or letting agency8
Private rented: Other private rented5
Social rented: Other social rented3
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the ME3 8DE have 2 people in household (34), and 3 people in household (16).

2 people in household34
3 people in household16
1 person in household14
4 people in household11
5 people in household5
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0