Housing Market Analysis for OLIVIER DRIVE, ME3 8GQ

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

Overview of Sold House prices

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

Detached
- The average price is around £361,839 median price is £335,000 Standard Deviation is £100,695 with Total Sold: 28
- The Last 5 Year average price is £562,500 with Total Sold: 4
- The most recent sale happened at this postcode is 5 OLIVIER DRIVE: £620,000 (Sold on 21 Jul 2023)
- The first recorded sale happened at this postcode is 4 OLIVIER DRIVE: £550,000 (Sold on 01 Mar 2024)
Terraced
- The average price is around £241,864 median price is £233,000 Standard Deviation is £80,364 with Total Sold: 11
- The Last 5 Year average price is £342,500 with Total Sold: 3
- The most recent sale happened at this postcode is 8 OLIVIER DRIVE: £350,000 (Sold on 20 Dec 2022)
- The first recorded sale happened at this postcode is 7 OLIVIER DRIVE: £325,000 (Sold on 08 Feb 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average ME3 8GQ 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	£620,000	£3,425	1
2021	£605,000	£5,078	1
2020	£475,000	£2,932	1
2015	£424,167	£2,470	3
2014	£390,000	£2,576	1
2013	£347,000	£1,917	1
2012	£345,000	£2,896	1
2010	£350,000	£1,934	1
2008	£410,000	£2,500	1
2007	£390,000	£2,576	1
2005	£300,000		1
2004	£321,000	£1,931	3
2003	£270,500	£2,189	5
2002	£293,583	£1,740	6
2024	£550,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£350,000	£4,268	1
2021	£352,500	£4,462	1
2016	£335,000	£4,614	1
2013	£245,000	£2,650	1
2004	£233,000	£2,949	1
2003	£160,000	£1,884	3
2002	£170,000	£2,114	2
2024	£325,000		1

All the Sales in the OLIVIER DRIVE, ME3 8GQ

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

Address	Sold Date	Price	% Change
5 OLIVIER DRIVEDetached, FreeholdArea: 181 Sq.mtrAge: 1996-2002	21 Jul 2023	£620,000	37.78%
	18 Sep 2015	£450,000	29.68%
	06 Dec 2013	£347,000	-0.86%
	23 Apr 2010	£350,000	25.00%
	20 Dec 2002	£280,000	First Sale
8 OLIVIER DRIVETerraced, FreeholdArea: 82 Sq.mtrAge: 2003-2006	20 Dec 2022	£350,000	112.12%
	01 Nov 2002	£165,000	First Sale
14 OLIVIER DRIVEDetached, FreeholdArea: 119.15 Sq.mtrAge: 2003-2006	24 Feb 2021	£605,000	75.36%
	26 Jun 2012	£345,000	11.29%
	24 Jan 2003	£310,000	First Sale
10 OLIVIER DRIVETerraced, FreeholdArea: 79 Sq.mtrAge: 2003-2006	02 Feb 2021	£352,500	107.35%
	25 Apr 2003	£170,000	First Sale
17 OLIVIER DRIVEDetached, FreeholdArea: 162 Sq.mtrAge: 2003-2006	03 Dec 2020	£475,000	53.23%
	12 Apr 2002	£310,000	First Sale
9 OLIVIER DRIVETerraced, FreeholdArea: 72.6 Sq.mtrAge: 1996-2002	14 Apr 2016	£335,000	91.43%
	31 Mar 2003	£175,000	First Sale
1 OLIVIER DRIVEDetached, Freehold	19 Nov 2015	£420,000	44.83%
1 OLIVIER DRIVEDetached, Freehold	24 Apr 2003	£290,000	First Sale
15 OLIVIER DRIVEDetached, FreeholdArea: 164 Sq.mtrAge: 1996-2002	17 Jul 2015	£402,500	-1.83%
	02 May 2008	£410,000	49.09%
	03 May 2002	£275,000	First Sale
16 OLIVIER DRIVEDetached, FreeholdArea: 151.38 Sq.mtrAge: 1996-2002	05 Dec 2014	£390,000	0.0
	29 Oct 2007	£390,000	13.04%
	05 Mar 2004	£345,000	15.38%
	19 Apr 2002	£299,000	First Sale
12 OLIVIER DRIVETerraced, FreeholdArea: 92.46 Sq.mtrAge: 1996-2002	02 May 2013	£245,000	40.00%
	24 Jan 2003	£175,000	First Sale
13 OLIVIER DRIVEDetached, Freehold	12 Sep 2005	£300,000	3.45%
13 OLIVIER DRIVEDetached, Freehold	14 Feb 2003	£290,000	First Sale
6 OLIVIER DRIVEDetached, FreeholdArea: 184.77 Sq.mtrAge: 1996-2002	03 Sep 2004	£325,000	13.04%
	09 May 2003	£287,500	First Sale
7 OLIVIER DRIVETerraced, FreeholdArea: 79 Sq.mtrAge: 2003-2006	20 Jul 2004	£233,000	33.14%
	28 Oct 2002	£175,000	-46.15%
	08 Feb 2024	£325,000	First Sale
4 OLIVIER DRIVEDetached, FreeholdArea: 167 Sq.mtrAge: 1991-1995	23 Jan 2004	£293,000	-46.73%
	01 Mar 2024	£550,000	First Sale
11 OLIVIER DRIVETerraced, FreeholdArea: 84 Sq.mtrAge: 1996-2002	27 Jun 2003	£135,000	First Sale
3 OLIVIER DRIVEDetached, FreeholdArea: 184 Sq.mtrAge: 1996-2002	04 Oct 2002	£292,500	First Sale
2 OLIVIER DRIVEDetached, Freehold	20 Sep 2002	£305,000	First Sale

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

OLIVIER DRIVE, ME3 8GQ Near By properties

Interactive Map

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

Terraced
- The average price is around £167,736 median price is £160,500 Standard Deviation is £80,581 with Total Sold: 546
- The Last 5 Year average price is £282,032 with Total Sold: 89
- The most recent sale happened at this postcode is , 34 BILL STREET ROAD: £284,500 (Sold on 23 Sep 2024)
- The first recorded sale happened at this postcode is , 28 COOLING ROAD: £44,000 (Sold on 10 Jan 1995)
Detached
- The average price is around £295,803 median price is £285,000 Standard Deviation is £132,862 with Total Sold: 535
- The Last 5 Year average price is £514,340 with Total Sold: 66
- 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 , 233 CLIFFE ROAD: £100,000 (Sold on 31 Mar 1995)
Semi-Detached
- The average price is around £204,726 median price is £190,000 Standard Deviation is £102,669 with Total Sold: 841
- The Last 5 Year average price is £340,964 with Total Sold: 147
- 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 £272,900 median price is £293,600 Standard Deviation is £122,362 with Total Sold: 8
- The Last 5 Year average price is £306,440 with Total Sold: 5
- 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 £137,157 median price is £129,995 Standard Deviation is £46,329 with Total Sold: 41
- 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 , 88 HILLTOP ROAD: £12,500 (Sold on 10 Jul 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£292,333	£3,967	12
2023	£296,487	£4,189	14
2022	£303,864	£3,715	11
2021	£282,860	£3,515	25
2020	£246,400	£3,113	15
2019	£277,667	£3,371	12
2018	£254,423	£3,298	13
2017	£263,058	£3,271	17
2016	£238,167	£3,253	12
2015	£202,229	£2,606	24
2014	£174,886	£2,304	22
2013	£181,231	£2,422	13
2012	£130,250	£1,612	7
2011	£157,500	£2,038	10
2010	£160,416	£2,331	12
2009	£154,529	£2,121	17
2008	£165,458	£1,937	18
2007	£175,778	£2,297	38
2006	£154,979	£2,107	25
2005	£164,853	£2,227	17
2004	£151,704	£2,166	27
2003	£151,226	£1,819	22
2002	£127,062	£1,748	32
2001	£90,266	£1,232	30
2000	£96,692	£1,351	40
1999	£60,136	£845	11
1998	£65,767	£877	11
1997	£56,431	£828	18
1996	£45,771	£551	11
1995	£44,600	£603	10

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£595,500	£3,430	7
2023	£563,125	£4,512	12
2022	£557,491	£4,877	9
2021	£525,909	£3,948	11
2020	£477,885	£3,792	13
2019	£428,964	£3,617	14
2018	£431,500	£3,583	17
2017	£384,418	£3,714	29
2016	£399,512	£3,400	19
2015	£376,833	£2,984	12
2014	£363,417	£2,650	18
2013	£290,219	£2,485	16
2012	£315,667	£2,628	6
2011	£294,125	£2,377	8
2010	£303,821	£2,465	14
2009	£280,944	£2,228	9
2008	£285,166	£2,605	9
2007	£322,175	£2,109	20
2006	£311,812	£2,547	16
2005	£302,614	£2,175	22
2004	£276,700	£2,165	20
2003	£256,929	£1,950	39
2002	£243,189	£1,881	42
2001	£190,318	£1,411	40
2000	£171,730	£1,393	70
1999	£139,479	£851	7
1998	£138,290	£1,039	21
1997	£96,333	£508	6
1996	£98,100	£800	5
1995	£122,656	£1,015	4

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£369,031		8
2023	£360,098	£4,468	28
2022	£379,810	£4,416	25
2021	£341,742	£3,963	31
2020	£309,667	£3,630	21
2019	£308,662	£3,915	34
2018	£324,297	£3,630	32
2017	£305,032	£3,939	36
2016	£282,314	£3,642	43
2015	£248,907	£2,962	33
2014	£223,528	£2,745	32
2013	£208,657	£2,412	27
2012	£195,094	£2,102	16
2011	£196,541	£2,183	12
2010	£201,275	£2,159	16
2009	£182,071	£2,199	21
2008	£208,447	£2,682	19
2007	£195,323	£2,272	38
2006	£191,534	£2,321	35
2005	£193,750	£2,636	20
2004	£181,374	£2,018	24
2003	£161,316	£1,823	30
2002	£136,632	£1,685	45
2001	£110,512	£1,299	30
2000	£103,168	£1,419	41
1999	£85,209	£998	31
1998	£72,068	£996	35
1997	£69,935	£846	27
1996	£64,648	£710	22
1995	£58,913	£738	29

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£350,000		1
2023	£248,600	£4,140	2
2021	£399,999	£4,082	1
2020	£285,000	£3,608	1
2018	£250,000		1
2017	£1,000		1
2016	£400,000	£3,960	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
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	£155,833	£2,465	3
2012	£118,750	£2,180	2
2011	£119,000	£1,653	1
2007	£143,112	£2,499	4
2006	£142,500	£2,639	1
2005	£134,500	£2,166	4
2004	£129,995		1
2002	£111,808	£1,786	13
1995	£12,500		1

House Type in ME3 8GQ area

The most common house types in the ME3 8GQ postcode area are Detached (76), Semi-detached (64), and Terraced (22).

Total	162
Detached	76
Semi-detached	64
Terraced	22
Flat	0
Shared house	0
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 with a mortgage or loan (83), and Owned: Owns outright (65).

Owned: Owns with a mortgage or loan	83
Owned: Owns outright	65
Private rented: Private landlord or letting agency	11
Private rented: Other private rented	2
Social rented: Rents from council or Local Authority	1
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the ME3 8GQ have 2 people in household (59), and 4 people in household (39).

2 people in household	59
4 people in household	39
1 person in household	30
3 people in household	22
5 people in household	7
6 people in household	5
0 people in household	0
7 people in household	0
8 or more people in household	0