Housing Market Analysis for SCHOOL COTTAGES, ME3 8ER

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £167,667 median price is £143,750 Standard Deviation is £105,147 with Total Sold: 6
    • The most recent sale happened at this postcode is 2 SCHOOL COTTAGES: £345,000 (Sold on 24 Aug 2017)
    • The first recorded sale happened at this postcode is 1 SCHOOL COTTAGES: £64,000 (Sold on 26 Apr 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average ME3 8ER 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£345,000 £3,080 1
2006£223,750 £2,246 2
1998£80,000 £905 1
1997£69,500 £621 1
1996£64,000 £724 1

All the Sales in the SCHOOL COTTAGES, ME3 8ER

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

AddressSold DatePrice% Change
2 SCHOOL COTTAGESSemi-Detached, FreeholdArea: 112 Sq.mtrAge: before 190024 Aug 2017£345,00043.75%
02 Oct 2006£240,000245.32%
27 Jun 1997£69,500First Sale
1 SCHOOL COTTAGESSemi-Detached, FreeholdArea: 88.36 Sq.mtrAge: 1900-192915 May 2006£207,500159.38%
12 Mar 1998£80,00025.00%
26 Apr 1996£64,000First Sale

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

SCHOOL COTTAGES, ME3 8ER Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £293,441 median price is £249,998 Standard Deviation is £146,590 with Total Sold: 34
    • The Last 5 Year average price is £436,625 with Total Sold: 8
    • The most recent sale happened at this postcode is , 5 DILLYWOOD FIELDS: £400,000 (Sold on 30 Oct 2023)
    • The first recorded sale happened at this postcode is , 1 SCHOOL COTTAGES: £64,000 (Sold on 26 Apr 1996)
  • Detached
    • The average price is around £358,133 median price is £349,998 Standard Deviation is £177,386 with Total Sold: 26
    • The Last 5 Year average price is £511,667 with Total Sold: 3
    • The most recent sale happened at this postcode is , 12 DILLYWOOD FIELDS: £422,500 (Sold on 18 Aug 2022)
    • The first recorded sale happened at this postcode is , ORCHARD COTTAGE TOWN ROAD: £180,000 (Sold on 24 Mar 2000)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£430,000 £5,516 3
2022£512,000 £3,707 3
2019£333,500 £2,380 2
2017£345,000 £3,080 1
2015£267,000 £2,543 1
2014£408,333 £2,000 3
2013£208,833 £1,737 3
2010£342,498 £2,700 2
2008£312,500 £1,960 2
2006£223,750 £2,246 2
2005£265,000 £2,635 2
2004£239,998 £1,702 2
2003£232,330 £1,984 3
2002£250,000 £1,582 1
2000£92,500 £1,352 1
1998£80,000 £905 1
1997£69,500 £621 1
1996£64,000 £724 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£422,500 £4,225 2
2021£690,000 £3,431 1
2014£282,500 £2,360 2
2010£523,000 £3,196 4
2007£238,498 £2,000 2
2006£360,000 £2,951 1
2005£373,500 £2,778 2
2004£388,996 £2,599 4
2003£257,068 £2,150 7
2000£180,000 £1,895 1

House Type in ME3 8ER area

The most common house types in the ME3 8ER postcode area are Detached (31), Semi-detached (31), and Terraced (1).

Total64
Detached31
Semi-detached31
Terraced1
commercial building1
Flat0
Shared house0
converted 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 (27), and Owned: Owns outright (20).

Owned: Owns with a mortgage or loan27
Owned: Owns outright20
Private rented: Private landlord or letting agency10
Social rented: Other social rented3
Private rented: Other private 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 8ER have 2 people in household (21), and 3 people in household (15).

2 people in household21
3 people in household15
1 person in household14
4 people in household10
5 people in household3
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0