Housing Market Analysis for TOWN ROAD, ME3 8JE

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £283,111 median price is £290,000 Standard Deviation is £150,733 with Total Sold: 9
    • The Last 5 Year average price is £527,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 36A TOWN ROAD: £465,000 (Sold on 01 Jun 2021)
    • The first recorded sale happened at this postcode is 26 TOWN ROAD: £590,000 (Sold on 06 Jun 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average ME3 8JE 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£465,000 £3,121 1
2016£290,000 £4,677 1
2011£292,500 £2,905 1
2010£215,000 £2,311 1
2007£309,995 £3,078 1
2000£129,250 £1,268 2
1997£127,000 £852 1
2024£590,0001

All the Sales in the TOWN ROAD, ME3 8JE

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

AddressSold DatePrice% Change
36A TOWN ROADDetached, FreeholdArea: 149 Sq.mtrAge: 1983-199001 Jun 2021£465,000266.14%
14 Apr 1997£127,000First Sale
32 TOWN ROADDetached, FreeholdArea: 62 Sq.mtrAge: 1930-194904 Nov 2016£290,000First Sale
38 TOWN ROADDetached, FreeholdArea: 100.7 Sq.mtrAge: 1950-196631 May 2011£292,500-5.64%
18 Jul 2007£309,995First Sale
26 TOWN ROADDetached, FreeholdArea: 93.05 Sq.mtrAge: 1950-196615 Nov 2010£215,00064.12%
07 Apr 2000£131,000-77.80%
06 Jun 2024£590,000First Sale
28 TOWN ROADDetached, FreeholdArea: 113 Sq.mtrAge: 1950-196605 Jan 2000£127,500First Sale

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

TOWN ROAD, ME3 8JE Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £170,224 median price is £164,000 Standard Deviation is £94,642 with Total Sold: 183
    • The Last 5 Year average price is £317,028 with Total Sold: 25
    • The most recent sale happened at this postcode is , 51 TENNYSON AVENUE: £353,000 (Sold on 19 Aug 2024)
    • The first recorded sale happened at this postcode is , 13 MALLINGDENE CLOSE: £48,000 (Sold on 27 Jan 1995)
  • Detached
    • The average price is around £298,984 median price is £275,000 Standard Deviation is £148,831 with Total Sold: 282
    • The Last 5 Year average price is £484,449 with Total Sold: 69
    • The most recent sale happened at this postcode is , 31 TOWN ROAD: £375,000 (Sold on 12 Aug 2024)
    • The first recorded sale happened at this postcode is , ALICIA MORTIMERS AVENUE: £73,500 (Sold on 10 Jan 1995)
  • Semi-Detached
    • The average price is around £203,257 median price is £195,000 Standard Deviation is £109,290 with Total Sold: 398
    • The Last 5 Year average price is £353,176 with Total Sold: 65
    • The most recent sale happened at this postcode is , 20 MALLINGDENE CLOSE: £430,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 10 BROOKMEAD ROAD: £59,950 (Sold on 05 Jan 1995)
  • Other
    • The average price is around £780,000 median price is £780,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , 11 VIEW ROAD: £780,000 (Sold on 02 Feb 2018)
    • The first recorded sale happened at this postcode is , 11 VIEW ROAD: £780,000 (Sold on 02 Feb 2018)
  • Flat
    • The average price is around £69,499 median price is £40,000 Standard Deviation is £51,881 with Total Sold: 7
    • The most recent sale happened at this postcode is , 20 NEWBURY CLOSE: £105,000 (Sold on 31 Jul 2007)
    • The first recorded sale happened at this postcode is , 11 PARKSIDE: £40,000 (Sold on 31 Jul 1997)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£353,0001
2023£333,068 £4,764 3
2022£335,857 £4,094 7
2021£328,688 £3,709 8
2020£248,750 £2,897 4
2019£299,000 £3,045 2
2018£265,000 £3,345 8
2017£243,000 £3,662 3
2016£201,750 £3,238 4
2015£222,444 £2,532 9
2014£207,071 £2,443 7
2013£171,550 £2,151 10
2012£167,500 £2,227 2
2011£164,667 £2,500 3
2010£148,278 £2,188 9
2009£160,250 £2,201 4
2008£199,9501
2007£215,109 £2,599 21
2006£130,750 £2,628 4
2005£159,600 £1,897 5
2004£157,071 £2,175 7
2003£104,499 £2,116 5
2002£111,214 £1,213 7
2001£81,054 £1,417 9
2000£81,832 £1,144 9
1999£56,499 £921 7
1998£60,562 £887 8
1997£57,667 £744 6
1996£46,374 £829 4
1995£46,917 £625 6
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£458,3333
2023£597,500 £3,983 3
2022£534,175 £4,024 20
2021£486,071 £4,261 28
2020£426,250 £3,845 4
2019£387,364 £3,631 11
2018£432,500 £3,809 4
2017£353,128 £3,265 15
2016£339,643 £3,449 7
2015£309,167 £2,452 6
2014£327,389 £2,732 9
2013£286,067 £2,352 15
2012£292,500 £2,506 5
2011£290,000 £2,349 5
2010£262,269 £2,161 13
2009£243,333 £2,356 3
2008£285,8005
2007£317,224 £2,698 16
2006£333,392 £2,726 9
2005£262,416 £2,890 6
2004£238,545 £2,291 11
2003£189,286 £1,777 7
2002£182,323 £1,321 17
2001£160,272 £1,545 11
2000£137,963 £1,222 15
1999£104,393 £838 14
1998£107,800 £948 5
1997£86,700 £819 5
1996£116,165 £715 6
1995£61,500 £652 4
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£390,250 £4,736 2
2023£383,750 £4,306 4
2022£357,115 £4,084 13
2021£359,482 £4,042 30
2020£315,375 £4,072 4
2019£329,375 £3,487 12
2018£336,105 £3,656 19
2017£333,500 £3,162 12
2016£300,750 £3,529 10
2015£252,500 £2,747 16
2014£227,136 £2,964 11
2013£212,059 £2,384 16
2012£205,075 £2,321 4
2011£182,571 £2,053 7
2010£182,909 £2,092 11
2009£213,500 £2,525 7
2008£211,055 £2,629 9
2007£221,463 £2,413 15
2006£208,443 £2,289 27
2005£197,367 £2,110 15
2004£182,562 £1,924 8
2003£156,540 £1,850 11
2002£134,844 £1,577 13
2001£118,303 £1,291 23
2000£102,380 £1,190 21
1999£85,820 £919 10
1998£70,367 £841 15
1997£70,800 £796 15
1996£64,200 £709 21
1995£62,821 £691 17
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£780,000 £2,708 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£105,000 £2,198 1
2003£74,995 £1,570 1
2002£178,0001
2001£37,500 £781 1
1998£25,500 £533 2
1997£40,0001

House Type in ME3 8JE area

The most common house types in the ME3 8JE postcode area are Detached (121), Semi-detached (16), and Terraced (7).

Total145
Detached121
Semi-detached16
Terraced7
Flat1
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 outright (92), and Owned: Owns with a mortgage or loan (46).

Owned: Owns outright92
Owned: Owns with a mortgage or loan46
Private rented: Private landlord or letting agency3
Private rented: Other private rented2
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the ME3 8JE have 2 people in household (73), and 4 people in household (28).

2 people in household73
4 people in household28
1 person in household16
3 people in household16
5 people in household8
6 people in household4
0 people in household0
7 people in household0
8 or more people in household0