Housing Market Analysis for FARMSTEAD ROAD, ME3 8GN

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £94,000 median price is £94,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £94,000 with Total Sold: 1
    • 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 FLAT 2, 5 FARMSTEAD ROAD: £94,000 (Sold on 28 Jun 2023)
  • Other
    • The average price is around £151,145 median price is £151,145 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £151,145 with Total Sold: 1
    • The most recent sale happened at this postcode is 3 FARMSTEAD ROAD: £151,145 (Sold on 05 Sep 2019)
    • The first recorded sale happened at this postcode is 3 FARMSTEAD ROAD: £151,145 (Sold on 05 Sep 2019)

Sold Price Trend Over the Years:

Below table and chart gives the average ME3 8GN 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£94,000 £1,593 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£151,145 £1,643 1

All the Sales in the FARMSTEAD ROAD, ME3 8GN

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

AddressSold DatePrice% Change
FLAT 2, 5 FARMSTEAD ROADFlat, LeaseholdArea: 59 Sq.mtrAge: 202328 Jun 2023£94,000First Sale
3 FARMSTEAD ROADOther, FreeholdArea: 92 Sq.mtr05 Sep 2019£151,145First Sale

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

FARMSTEAD ROAD, ME3 8GN Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME3 8GN 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 8GN 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 8GN area

The most common house types in the ME3 8GN postcode area are Detached (87), Semi-detached (66), and Flat (7).

Total166
Detached87
Semi-detached66
Flat7
Terraced4
Shared house2
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 (83), and Owned: Owns outright (67).

Owned: Owns with a mortgage or loan83
Owned: Owns outright67
Shared ownership: Shared ownership6
Private rented: Private landlord or letting agency6
Private rented: Other private rented3
Social rented: Rents from council or Local Authority1
Does not apply0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the ME3 8GN have 2 people in household (72), and 4 people in household (35).

2 people in household72
4 people in household35
1 person in household24
3 people in household23
5 people in household6
6 people in household4
7 people in household1
8 or more people in household1
0 people in household0