Housing Market Analysis for DRAYTON CLOSE, ME3 8DW

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

Overview of Sold House prices

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

Detached
- The average price is around £210,631 median price is £175,995 Standard Deviation is £114,405 with Total Sold: 39
- The Last 5 Year average price is £419,000 with Total Sold: 3
- The most recent sale happened at this postcode is 18 DRAYTON CLOSE: £440,000 (Sold on 27 Oct 2023)
- The first recorded sale happened at this postcode is 2 DRAYTON CLOSE: £100,950 (Sold on 04 Aug 1998)
Other
- The average price is around £406,000 median price is £406,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 5 DRAYTON CLOSE: £406,000 (Sold on 24 Feb 2017)
- The first recorded sale happened at this postcode is 5 DRAYTON CLOSE: £406,000 (Sold on 24 Feb 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average ME3 8DW 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: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£440,000	£4,329	1
2020	£457,000	£5,022	1
2019	£360,000	£3,542	1
2017	£408,000	£3,177	2
2015	£305,500	£3,361	2
2014	£323,750	£3,369	2
2012	£290,000	£2,339	1
2010	£285,000	£2,298	1
2009	£245,000	£2,410	1
2007	£299,167	£2,617	3
2006	£246,498	£2,531	2
2003	£199,995		1
2002	£211,498	£1,992	2
2001	£138,000	£2,339	1
2000	£145,500		1
1999	£158,050		1
1998	£100,505	£1,107	16

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£406,000	£3,487	1

All the Sales in the DRAYTON CLOSE, ME3 8DW

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

Address	Sold Date	Price	% Change
18 DRAYTON CLOSEDetached, FreeholdArea: 101.64 Sq.mtrAge: 1996-2002	27 Oct 2023	£440,000	22.22%
	10 Jun 2019	£360,000	9.92%
	12 Sep 2014	£327,500	33.67%
	10 Jul 2009	£245,000	118.75%
	02 Sep 1998	£112,000	First Sale
1 DRAYTON CLOSEDetached, FreeholdArea: 91 Sq.mtrAge: 1991-1995	30 Nov 2020	£457,000	42.81%
	24 Oct 2014	£320,000	3.23%
	14 Dec 2007	£310,000	179.28%
	24 Sep 1998	£111,000	First Sale
5 DRAYTON CLOSEDetached, FreeholdArea: 116.42 Sq.mtrAge: 1996-2002	07 Aug 2017	£406,000	0.0
	24 Feb 2017	£406,000	300.00%
	23 Oct 1998	£101,500	First Sale
16 DRAYTON CLOSEDetached, FreeholdArea: 143 Sq.mtrAge: 1996-2002	23 Mar 2017	£410,000	49.09%
	31 May 2007	£275,000	First Sale
17 DRAYTON CLOSEDetached, FreeholdArea: 92.67 Sq.mtrAge: 1996-2002	26 Jun 2015	£320,000	199.21%
	10 Sep 1998	£106,950	First Sale
9 DRAYTON CLOSEDetached, FreeholdArea: 89 Sq.mtrAge: 1996-2002	08 Jun 2015	£291,000	193.95%
	16 Oct 1998	£98,995	First Sale
19 DRAYTON CLOSEDetached, FreeholdArea: 124 Sq.mtrAge: 1996-2002	29 Jun 2012	£290,000	1.75%
	23 Jul 2010	£285,000	-8.80%
	24 Jul 2007	£312,500	26.52%
	14 Oct 2002	£247,000	92.66%
	08 Sep 1998	£128,202	First Sale
2 DRAYTON CLOSEDetached, Freehold	16 Oct 2006	£249,995	147.64%
2 DRAYTON CLOSEDetached, Freehold	04 Aug 1998	£100,950	First Sale
3 DRAYTON CLOSEDetached, FreeholdArea: 96 Sq.mtrAge: 2003-2006	21 Jul 2006	£243,000	161.14%
	12 Aug 1998	£93,052	First Sale
4 DRAYTON CLOSEDetached, Freehold	22 Dec 2003	£199,995	107.25%
4 DRAYTON CLOSEDetached, Freehold	30 Sep 1998	£96,500	First Sale
15 DRAYTON CLOSEDetached, Freehold	17 Jul 2002	£175,995	76.00%
15 DRAYTON CLOSEDetached, Freehold	07 Sep 1998	£99,995	First Sale
11 DRAYTON CLOSEDetached, FreeholdArea: 59 Sq.mtrAge: 1991-1995	02 Jul 2001	£138,000	68.30%
	02 Oct 1998	£81,995	First Sale
8 DRAYTON CLOSEDetached, Freehold	20 Oct 2000	£145,500	91.46%
8 DRAYTON CLOSEDetached, Freehold	23 Oct 1998	£75,995	First Sale
6 DRAYTON CLOSEDetached, Freehold	05 Jan 1999	£158,050	First Sale
7 DRAYTON CLOSEDetached, Freehold	06 Nov 1998	£135,000	First Sale
14 DRAYTON CLOSEDetached, Freehold	09 Oct 1998	£100,950	First Sale
10 DRAYTON CLOSEDetached, Freehold	25 Sep 1998	£82,995	First Sale
12 DRAYTON CLOSEDetached, Freehold	28 Aug 1998	£81,995	First Sale

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

DRAYTON CLOSE, ME3 8DW Near By properties

Interactive Map

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

Terraced
- The average price is around £156,529 median price is £153,000 Standard Deviation is £80,781 with Total Sold: 187
- The Last 5 Year average price is £283,280 with Total Sold: 25
- The most recent sale happened at this postcode is , 15 LEAMAN CLOSE: £320,000 (Sold on 22 Aug 2024)
- The first recorded sale happened at this postcode is , 23 THE STREET: £50,000 (Sold on 30 May 1995)
Detached
- The average price is around £290,848 median price is £270,000 Standard Deviation is £149,542 with Total Sold: 545
- The Last 5 Year average price is £508,899 with Total Sold: 97
- The most recent sale happened at this postcode is , 11 GOODWOOD CLOSE: £408,000 (Sold on 19 Aug 2024)
- The first recorded sale happened at this postcode is , 8 MARSH CRESCENT: £112,000 (Sold on 10 Jul 1995)
Semi-Detached
- The average price is around £189,111 median price is £171,250 Standard Deviation is £108,530 with Total Sold: 272
- The Last 5 Year average price is £357,142 with Total Sold: 42
- The most recent sale happened at this postcode is , 23 HARRISON DRIVE: £355,000 (Sold on 11 Jul 2024)
- The first recorded sale happened at this postcode is , 32 NORTHWOOD AVENUE: £82,000 (Sold on 24 Mar 1995)
Flat
- The average price is around £144,278 median price is £133,000 Standard Deviation is £33,282 with Total Sold: 26
- The Last 5 Year average price is £166,000 with Total Sold: 8
- The most recent sale happened at this postcode is FLAT 2, 5 FARMSTEAD ROAD: £94,000 (Sold on 28 Jun 2023)
- The first recorded sale happened at this postcode is 9, HERONSBANK BRITANNIA ROAD: £127,950 (Sold on 05 Sep 2005)
Other
- The average price is around £1,144,786 median price is £278,572 Standard Deviation is £1,654,239 with Total Sold: 4
- The Last 5 Year average price is £1,391,048 with Total Sold: 3
- The most recent sale happened at this postcode is 8, HERONSBANK BRITANNIA ROAD: £22,000 (Sold on 11 Nov 2021)
- The first recorded sale happened at this postcode is , 5 DRAYTON CLOSE: £406,000 (Sold on 24 Feb 2017)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£295,000		2
2023	£320,812	£4,815	8
2022	£335,500	£4,147	2
2021	£252,500	£4,464	5
2020	£278,000	£3,968	4
2019	£220,000	£3,627	4
2018	£259,500	£4,034	5
2017	£252,700	£3,348	5
2016	£235,625	£3,358	8
2015	£188,667	£2,988	3
2014	£197,888	£3,067	9
2013	£177,667	£2,364	9
2012	£166,125	£2,618	4
2011	£178,333	£2,449	3
2010	£172,250	£2,540	4
2009	£142,500	£2,539	4
2008	£171,667	£2,464	6
2007	£167,222	£2,426	9
2006	£179,074	£2,266	6
2005	£167,242	£2,609	6
2004	£168,500		1
2003	£140,292	£2,284	6
2002	£109,198	£1,792	6
2001	£100,691	£1,684	13
2000	£90,713	£1,365	7
1999	£75,597	£1,092	5
1998	£64,557	£1,039	38
1997	£62,132		3
1996	£48,500	£632	1
1995	£50,000	£521	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£521,600	£3,865	5
2023	£509,000	£4,509	5
2022	£546,970	£4,844	17
2021	£517,610	£4,117	31
2020	£499,513	£3,942	23
2019	£461,062	£3,605	16
2018	£450,583	£3,786	12
2017	£419,676	£3,537	17
2016	£453,417	£4,074	18
2015	£340,409	£3,181	17
2014	£341,647	£3,039	17
2013	£319,455	£2,444	11
2012	£302,893	£2,454	14
2011	£287,423	£2,347	13
2010	£285,400	£2,261	10
2009	£289,444	£2,003	9
2008	£324,818	£2,406	11
2007	£308,470	£2,780	17
2006	£289,307	£2,515	13
2005	£299,857	£2,149	14
2004	£284,165	£2,345	15
2003	£255,966	£2,035	15
2002	£213,025	£1,692	19
2001	£188,547	£1,548	50
2000	£167,218	£1,344	70
1999	£124,324	£1,068	47
1998	£103,837	£1,048	26
1997	£104,530	£1,150	8
1996	£93,000	£925	3
1995	£92,500	£948	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£322,500	£5,577	2
2023	£383,000	£4,724	5
2022	£342,583	£5,058	6
2021	£400,729	£4,064	13
2020	£341,775	£4,370	9
2019	£299,856	£4,327	7
2018	£286,056	£4,249	9
2017	£291,000	£3,641	11
2016	£307,800	£3,709	5
2015	£239,192	£2,832	13
2014	£180,678	£2,300	7
2013	£209,222	£2,756	9
2012	£200,583	£2,402	12
2011	£174,667	£2,527	3
2010	£197,000	£2,418	5
2009	£183,332	£2,548	3
2008	£247,000		2
2007	£183,374	£2,839	12
2006	£204,307	£2,849	13
2005	£196,437	£2,138	8
2004	£170,166	£2,334	9
2003	£172,998		3
2002	£114,968	£1,834	8
2001	£127,807	£1,567	13
2000	£100,417	£1,412	19
1999	£85,713	£1,061	13
1998	£79,779	£1,075	28
1997	£67,803	£784	14
1996	£55,124	£787	8
1995	£66,833	£811	3

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£139,667	£3,058	3
2022	£191,000	£4,548	1
2019	£179,500	£3,328	4
2018	£165,000	£3,587	1
2016	£166,000	£3,532	1
2014	£143,498	£2,740	2
2012	£101,500	£2,485	2
2008	£133,000	£2,830	1
2007	£126,998	£3,137	2
2006	£136,862	£2,594	4
2005	£133,560	£2,810	5

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£22,000	£344	1
2019	£2,075,572	£16,206	2
2017	£406,000	£3,487	1

House Type in ME3 8DW area

The most common house types in the ME3 8DW postcode area are Detached (126), Flat (7), and Semi-detached (4).

Total	142
Detached	126
Flat	7
Semi-detached	4
Terraced	4
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 outright (67), and Owned: Owns with a mortgage or loan (67).

Owned: Owns outright	67
Owned: Owns with a mortgage or loan	67
Private rented: Private landlord or letting agency	6
Private rented: Other private rented	3
Does not apply	0
Shared ownership: Shared ownership	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 ME3 8DW have 2 people in household (51), and 3 people in household (29).

2 people in household	51
3 people in household	29
4 people in household	25
1 person in household	23
5 people in household	10
6 people in household	5
0 people in household	0
7 people in household	0
8 or more people in household	0