Housing Market Analysis for KARLOFF WAY, ME3 8GF

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £258,333 median price is £205,000 Standard Deviation is £75,425 with Total Sold: 3
    • The most recent sale happened at this postcode is 4 KARLOFF WAY: £365,000 (Sold on 20 Jul 2016)
    • The first recorded sale happened at this postcode is 4 KARLOFF WAY: £205,000 (Sold on 05 Sep 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average ME3 8GF 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£365,000 £3,443 1
2003£205,000 £1,934 2

All the Sales in the KARLOFF WAY, ME3 8GF

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

AddressSold DatePrice% Change
4 KARLOFF WAYDetached, FreeholdArea: 106 Sq.mtrAge: 1991-199520 Jul 2016£365,00078.05%
05 Sep 2003£205,000First Sale
2 KARLOFF WAYDetached, Freehold19 Sep 2003£205,000First Sale

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

KARLOFF WAY, ME3 8GF Near By properties

Interactive Map

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

  • Detached
    • The average price is around £299,472 median price is £287,000 Standard Deviation is £132,019 with Total Sold: 507
    • The Last 5 Year average price is £511,530 with Total Sold: 63
    • The most recent sale happened at this postcode is , 25 WEAVERING CLOSE: £570,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 76 HOLLYWOOD LANE: £158,625 (Sold on 29 Jun 1995)
  • Terraced
    • The average price is around £185,238 median price is £175,000 Standard Deviation is £83,165 with Total Sold: 308
    • The Last 5 Year average price is £307,021 with Total Sold: 48
    • The most recent sale happened at this postcode is , 57 COOLING ROAD: £325,000 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is , 28 COOLING ROAD: £44,000 (Sold on 10 Jan 1995)
  • Semi-Detached
    • The average price is around £207,976 median price is £192,995 Standard Deviation is £104,371 with Total Sold: 665
    • The Last 5 Year average price is £346,345 with Total Sold: 113
    • The most recent sale happened at this postcode is , 58 LINGLEY DRIVE: £415,000 (Sold on 16 Jul 2024)
    • The first recorded sale happened at this postcode is , 15 ROLVENDEN ROAD: £60,000 (Sold on 06 Jan 1995)
  • Other
    • The average price is around £319,000 median price is £350,000 Standard Deviation is £82,728 with Total Sold: 5
    • The Last 5 Year average price is £315,000 with Total Sold: 3
    • The most recent sale happened at this postcode is , 13 LINGLEY DRIVE: £350,000 (Sold on 08 May 2024)
    • The first recorded sale happened at this postcode is , 52 TEMPLARS DRIVE: £400,000 (Sold on 26 May 2016)
  • Flat
    • The average price is around £140,899 median price is £132,498 Standard Deviation is £43,206 with Total Sold: 40
    • The Last 5 Year average price is £176,000 with Total Sold: 6
    • The most recent sale happened at this postcode is , 29 GUINNESS DRIVE: £185,000 (Sold on 24 Oct 2023)
    • The first recorded sale happened at this postcode is 7, SOLE STREET FARM LOWER ROCHESTER ROAD: £217,500 (Sold on 28 Mar 2002)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£595,500 £3,430 7
2023£563,125 £4,512 12
2022£553,428 £4,609 8
2021£533,500 £3,930 10
2020£461,042 £3,910 12
2019£428,964 £3,617 14
2018£453,179 £3,763 14
2017£383,079 £3,609 27
2016£405,874 £3,404 18
2015£389,273 £3,060 11
2014£374,156 £2,671 16
2013£300,250 £2,507 14
2012£315,667 £2,628 6
2011£311,857 £2,433 7
2010£336,900 £2,468 15
2009£330,583 £2,415 6
2008£285,166 £2,605 9
2007£319,417 £2,226 18
2006£311,812 £2,547 16
2005£297,738 £2,239 21
2004£276,700 £2,165 20
2003£256,929 £1,950 39
2002£245,193 £1,881 41
2001£191,095 £1,454 39
2000£174,546 £1,455 68
1999£148,975 £796 6
1998£147,576 £1,132 21
1997£143,400 £865 5
1996£109,875 £800 4
1995£130,208 £927 3
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£313,750 £4,014 4
2023£359,571 £4,800 7
2022£340,800 £3,843 5
2021£305,281 £3,602 16
2020£257,312 £2,920 8
2019£289,750 £3,551 8
2018£296,417 £3,922 6
2017£280,465 £3,358 15
2016£290,600 £3,599 5
2015£215,308 £2,517 13
2014£201,000 £2,369 11
2013£196,833 £2,664 9
2012£183,750 £2,222 2
2011£179,875 £2,235 4
2010£166,000 £2,432 10
2009£162,454 £2,246 11
2008£163,499 £1,981 4
2007£194,077 £2,509 22
2006£177,383 £2,306 13
2005£179,272 £2,556 11
2004£174,423 £2,498 13
2003£152,936 £1,865 16
2002£145,704 £2,066 22
2001£96,893 £1,283 19
2000£109,275 £1,570 28
1999£64,500 £992 2
1998£69,839 £902 5
1997£64,475 £1,179 10
1996£53,399 £436 5
1995£37,500 £406 4
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£371,7147
2023£370,464 £4,588 21
2022£378,671 £4,436 19
2021£365,725 £4,027 20
2020£308,974 £3,589 19
2019£310,204 £3,934 27
2018£331,220 £3,652 25
2017£311,372 £4,003 30
2016£288,902 £3,729 36
2015£256,739 £3,060 23
2014£230,919 £2,852 26
2013£209,870 £2,437 25
2012£206,150 £2,165 10
2011£206,350 £2,244 10
2010£205,000 £2,201 14
2009£179,906 £2,251 16
2008£211,125 £2,723 16
2007£200,855 £2,287 29
2006£202,963 £2,430 22
2005£199,571 £2,283 14
2004£186,110 £2,056 18
2003£162,290 £1,828 24
2002£141,998 £1,622 36
2001£112,347 £1,311 27
2000£106,313 £1,442 38
1999£90,967 £1,031 23
1998£72,465 £1,026 32
1997£71,762 £868 20
1996£66,912 £706 17
1995£59,047 £732 21
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£350,0001
2023£195,0001
2021£399,999 £4,082 1
2018£250,0001
2016£400,000 £3,960 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£142,500 £3,491 2
2022£260,000 £4,127 1
2021£170,333 £2,740 3
2018£195,000 £3,032 1
2017£232,500 £3,690 1
2016£155,667 £3,140 3
2015£143,750 £2,503 2
2012£118,750 £2,180 2
2011£119,000 £1,653 1
2007£155,490 £2,465 5
2006£142,500 £2,639 1
2005£134,500 £2,166 4
2004£129,9951
2002£111,808 £1,786 13

House Type in ME3 8GF area

The most common house types in the ME3 8GF postcode area are Detached (125), Terraced (31), and Semi-detached (30).

Total198
Detached125
Terraced31
Semi-detached30
Flat12
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 (110), and Owned: Owns outright (66).

Owned: Owns with a mortgage or loan110
Owned: Owns outright66
Private rented: Private landlord or letting agency17
Private rented: Other private rented2
Social rented: Other social rented1
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 8GF have 2 people in household (54), and 4 people in household (45).

2 people in household54
4 people in household45
3 people in household42
1 person in household34
5 people in household16
6 people in household6
7 people in household1
0 people in household0
8 or more people in household0