Housing Market Analysis for RIVERBOURNE WAY, ME3 8GX

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £537,667 median price is £525,000 Standard Deviation is £25,316 with Total Sold: 3
    • The Last 5 Year average price is £537,667 with Total Sold: 3
    • The most recent sale happened at this postcode is 1 RIVERBOURNE WAY: £573,000 (Sold on 26 Feb 2021)
    • The first recorded sale happened at this postcode is 2 RIVERBOURNE WAY: £515,000 (Sold on 29 Jan 2021)

Sold Price Trend Over the Years:

Below table and chart gives the average ME3 8GX 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
2021£537,667 £4,012 3

All the Sales in the RIVERBOURNE WAY, ME3 8GX

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

AddressSold DatePrice% Change
1 RIVERBOURNE WAYDetached, FreeholdArea: 135 Sq.mtr26 Feb 2021£573,000First Sale
3 RIVERBOURNE WAYDetached, FreeholdArea: 132 Sq.mtr05 Feb 2021£525,000First Sale
2 RIVERBOURNE WAYDetached, FreeholdArea: 135 Sq.mtr29 Jan 2021£515,000First Sale

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

RIVERBOURNE WAY, ME3 8GX Near By properties

Interactive Map

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

  • Detached
    • The average price is around £350,452 median price is £357,500 Standard Deviation is £126,957 with Total Sold: 246
    • The Last 5 Year average price is £433,537 with Total Sold: 134
    • The most recent sale happened at this postcode is , 33 SONGBIRD CRESCENT: £475,000 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is , 15 TUDOR GROVE: £107,000 (Sold on 09 Feb 1996)
  • Terraced
    • The average price is around £203,442 median price is £205,000 Standard Deviation is £74,501 with Total Sold: 245
    • The Last 5 Year average price is £282,006 with Total Sold: 42
    • The most recent sale happened at this postcode is , 20 DUNNOCK DRIVE: £370,000 (Sold on 02 Aug 2024)
    • The first recorded sale happened at this postcode is , 7 BALLS COTTAGES: £45,000 (Sold on 26 Jul 1995)
  • Semi-Detached
    • The average price is around £227,149 median price is £218,250 Standard Deviation is £106,416 with Total Sold: 314
    • The Last 5 Year average price is £344,094 with Total Sold: 83
    • The most recent sale happened at this postcode is , 21 CHATTENDEN LANE: £450,000 (Sold on 29 Jul 2024)
    • The first recorded sale happened at this postcode is , 27 ELM AVENUE: £60,000 (Sold on 24 Feb 1995)
  • Flat
    • The average price is around £141,771 median price is £145,000 Standard Deviation is £48,088 with Total Sold: 109
    • The Last 5 Year average price is £167,839 with Total Sold: 28
    • The most recent sale happened at this postcode is FLAT E, 13 CUTTER CLOSE: £186,000 (Sold on 15 Apr 2024)
    • The first recorded sale happened at this postcode is , 18 MARGETTS PLACE: £66,500 (Sold on 29 Aug 1997)
  • Other
    • The average price is around £1,410,781 median price is £371,000 Standard Deviation is £2,535,805 with Total Sold: 8
    • The Last 5 Year average price is £502,708 with Total Sold: 6
    • The most recent sale happened at this postcode is , SHAFTESBURY HOMES & ARETHUSA LOWER UPNOR: £775,000 (Sold on 08 Feb 2022)
    • The first recorded sale happened at this postcode is , DELMAR MAIN ROAD: £220,000 (Sold on 15 Sep 2015)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£486,250 £4,260 4
2023£551,250 £4,622 2
2022£477,857 £4,526 7
2021£454,263 £3,641 56
2020£429,568 £3,554 33
2019£377,717 £3,554 32
2018£420,000 £3,529 1
2017£331,000 £3,483 5
2016£374,375 £2,895 8
2015£340,625 £2,845 8
2014£315,000 £2,111 5
2013£221,750 £2,643 3
2012£215,000 £1,837 2
2011£178,750 £3,281 2
2010£240,286 £2,277 7
2009£255,000 £2,525 2
2008£295,300 £2,032 5
2007£273,856 £2,356 7
2006£278,000 £2,196 5
2005£243,955 £2,233 11
2004£272,000 £2,212 6
2003£300,0001
2002£229,458 £1,801 12
2001£152,998 £1,465 3
2000£163,874 £1,032 4
1999£166,099 £1,379 5
1998£124,000 £770 1
1997£110,500 £671 4
1996£87,800 £896 5
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£344,875 £3,417 4
2023£267,000 £4,312 5
2022£299,114 £3,924 11
2021£229,750 £3,531 4
2020£286,667 £3,771 6
2019£266,708 £2,970 12
2018£258,929 £3,664 7
2017£274,125 £3,232 8
2016£262,727 £2,968 11
2015£246,150 £2,836 12
2014£200,846 £2,569 13
2013£191,000 £2,356 7
2012£147,143 £2,098 7
2011£175,750 £2,066 2
2010£213,750 £1,978 4
2009£107,825 £1,351 5
2008£202,611 £2,588 9
2007£208,296 £2,262 49
2006£176,333 £2,101 6
2005£188,889 £2,105 18
2004£191,750 £2,221 3
2003£145,748 £2,019 14
2002£115,583 £1,432 6
2001£102,916 £1,582 6
2000£71,165 £1,109 3
1999£73,498 £882 3
1998£87,500 £1,018 2
1997£46,500 £738 1
1996£51,738 £580 4
1995£49,667 £577 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£388,125 £3,692 4
2023£440,357 £3,955 7
2022£407,227 £4,252 11
2021£329,140 £3,398 25
2020£309,429 £3,688 17
2019£313,498 £3,166 19
2018£305,500 £3,419 11
2017£293,417 £3,347 6
2016£330,944 £3,297 9
2015£248,643 £2,378 7
2014£243,332 £2,352 6
2013£205,217 £1,887 22
2012£194,192 £1,950 13
2011£170,545 £1,719 11
2010£212,500 £2,215 2
2009£203,750 £2,410 4
2008£206,531 £2,227 16
2007£223,618 £2,424 25
2006£215,717 £2,132 8
2005£201,533 £2,326 15
2004£178,875 £2,223 4
2003£145,298 £1,731 10
2002£144,000 £1,604 7
2001£105,222 £1,074 9
2000£105,750 £881 6
1999£83,833 £1,223 3
1998£81,277 £911 9
1997£70,333 £860 9
1996£69,250 £669 15
1995£63,312 £641 4
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£194,5002
2023£161,650 £2,912 5
2022£222,667 £3,598 3
2021£164,875 £2,990 6
2020£164,292 £2,830 6
2019£143,208 £2,419 6
2018£171,550 £2,929 5
2017£179,438 £3,207 8
2016£142,950 £2,100 5
2015£148,717 £2,805 9
2014£160,000 £2,807 1
2013£127,908 £2,219 6
2011£132,500 £2,177 2
2009£120,000 £2,250 2
2008£131,614 £2,295 7
2007£132,700 £2,452 15
2006£101,667 £1,796 6
2005£135,666 £2,243 6
2003£84,400 £1,038 2
2001£75,000 £1,258 1
2000£70,248 £1,248 2
1999£64,9982
1998£58,000 £973 1
1997£66,5001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£775,0001
2021£886,000 £4,386 2
2020£131,624 £2,203 2
2019£206,000 £2,452 1
2016£8,050,0001
2015£220,000 £3,118 1

House Type in ME3 8GX area

The most common house types in the ME3 8GX postcode area are Detached (86), Terraced (42), and Semi-detached (41).

Total191
Detached86
Terraced42
Semi-detached41
Flat19
converted building3
Shared house0
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 (103), and Owned: Owns outright (43).

Owned: Owns with a mortgage or loan103
Owned: Owns outright43
Private rented: Private landlord or letting agency29
Social rented: Other social rented7
Shared ownership: Shared ownership6
Social rented: Rents from council or Local Authority3
Private rented: Other private rented3
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the ME3 8GX have 2 people in household (57), and 3 people in household (46).

2 people in household57
3 people in household46
4 people in household40
1 person in household31
5 people in household13
6 people in household3
7 people in household1
0 people in household0
8 or more people in household0