Housing Market Analysis for ME3 8GL

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average ME3 8GL 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 8GL

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

    AddressSold DatePrice% Change

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

    ME3 8GL Near By properties

    Interactive Map

    This Interactive map can help you visualize the nearby sold house in the ME3 8GL 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 8GL 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 £282,609 median price is £250,000 Standard Deviation is £144,914 with Total Sold: 486
      • The Last 5 Year average price is £498,252 with Total Sold: 88
      • 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 £188,628 median price is £170,000 Standard Deviation is £108,724 with Total Sold: 266
      • 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 £937,829 median price is £151,145 Standard Deviation is £1,536,402 with Total Sold: 5
      • The Last 5 Year average price is £1,070,786 with Total Sold: 4
      • 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
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£295,0002
    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£168,5001
    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£62,1323
    1996£48,500 £632 1
    1995£50,000 £521 1
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£521,600 £3,865 5
    2023£509,000 £4,509 5
    2022£523,106 £4,896 14
    2021£509,962 £4,122 29
    2020£494,229 £4,003 21
    2019£443,000 £3,738 14
    2018£441,545 £3,786 11
    2017£419,676 £3,537 17
    2016£427,767 £4,089 15
    2015£335,535 £3,275 13
    2014£328,462 £2,991 13
    2013£321,900 £2,498 10
    2012£285,045 £2,429 11
    2011£272,864 £2,244 11
    2010£277,374 £2,256 8
    2009£289,444 £2,003 9
    2008£291,583 £2,361 6
    2007£305,250 £2,751 16
    2006£289,666 £2,515 12
    2005£302,750 £2,325 12
    2004£260,862 £2,392 11
    2003£243,038 £2,088 13
    2002£210,280 £1,700 16
    2001£188,882 £1,549 48
    2000£167,593 £1,336 68
    1999£121,243 £1,068 42
    1998£103,231 £1,048 25
    1997£98,034 £1,150 7
    1996£69,500 £925 2
    1995£92,500 £948 2
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    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£292,250 £3,896 4
    2015£239,192 £2,832 13
    2014£175,374 £2,300 6
    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£247,0002
    2007£183,374 £2,839 12
    2006£204,307 £2,849 13
    2005£196,437 £2,138 8
    2004£160,499 £2,479 8
    2003£172,9983
    2002£114,968 £1,834 8
    2001£117,624 £1,573 12
    2000£100,417 £1,412 19
    1999£85,713 £1,061 13
    1998£79,779 £1,075 28
    1997£63,853 £833 12
    1996£55,124 £787 8
    1995£66,833 £811 3
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    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
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2021£22,000 £344 1
    2019£1,420,382 £16,206 3
    2017£406,000 £3,487 1

    House Type in ME3 8GL area

    The most common house types in the ME3 8GL postcode area are Semi-detached (61), Terraced (42), and Detached (33).

    Total145
    Semi-detached61
    Terraced42
    Detached33
    Flat8
    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 (61), and Owned: Owns with a mortgage or loan (56).

    Owned: Owns outright61
    Owned: Owns with a mortgage or loan56
    Private rented: Private landlord or letting agency17
    Social rented: Other social rented7
    Shared ownership: Shared ownership2
    Private rented: Other private rented1
    Does not apply0
    Social rented: Rents from council or Local Authority0
    Lives rent free0

    Number of People in a Household

    The most houses in the ME3 8GL have 2 people in household (64), and 1 person in household (35).

    2 people in household64
    1 person in household35
    3 people in household20
    4 people in household19
    5 people in household5
    6 people in household2
    0 people in household0
    7 people in household0
    8 or more people in household0