Housing Market Analysis for TOWN ROAD, ME3 8JU

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £236,222 median price is £275,000 Standard Deviation is £96,026 with Total Sold: 9
    • The Last 5 Year average price is £360,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 68 TOWN ROAD: £360,000 (Sold on 22 Aug 2019)
    • The first recorded sale happened at this postcode is 68 TOWN ROAD: £70,000 (Sold on 26 May 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average ME3 8JU 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£360,000 £3,364 1
2017£338,000 £4,390 1
2016£290,000 £3,742 1
2015£285,000 £2,436 1
2006£275,000 £1,884 1
2004£229,995 £2,149 1
2001£183,500 £1,257 1
1997£94,500 £883 1
1995£70,000 £654 1

All the Sales in the TOWN ROAD, ME3 8JU

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

AddressSold DatePrice% Change
68 TOWN ROADSemi-Detached, FreeholdArea: 107 Sq.mtrAge: 1950-196622 Aug 2019£360,00056.53%
04 Oct 2004£229,995143.38%
05 Dec 1997£94,50035.00%
26 May 1995£70,000First Sale
66 TOWN ROADSemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1930-194918 Aug 2017£338,000First Sale
62 TOWN ROADSemi-Detached, FreeholdArea: 77.5 Sq.mtrAge: 1950-196624 Mar 2016£290,000First Sale
64 TOWN ROADSemi-Detached, FreeholdArea: 117 Sq.mtrAge: 1950-196627 Feb 2015£285,000First Sale
70 TOWN ROADSemi-Detached, FreeholdArea: 146 Sq.mtrAge: 1967-197510 Aug 2006£275,00049.86%
17 Jul 2001£183,500First Sale

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

TOWN ROAD, ME3 8JU Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £171,523 median price is £165,000 Standard Deviation is £94,355 with Total Sold: 193
    • The Last 5 Year average price is £317,119 with Total Sold: 27
    • 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 £297,834 median price is £280,000 Standard Deviation is £147,017 with Total Sold: 287
    • The Last 5 Year average price is £485,179 with Total Sold: 67
    • 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 £201,000 median price is £193,500 Standard Deviation is £106,745 with Total Sold: 451
    • The Last 5 Year average price is £351,253 with Total Sold: 69
    • 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 £627,500 median price is £627,500 Standard Deviation is £152,500 with Total Sold: 2
    • 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 , THE BRADBURY CENTRE VIEW ROAD: £475,000 (Sold on 14 Jan 2016)
  • 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£328,833 £3,687 9
2020£260,300 £3,012 5
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£223,700 £2,480 10
2014£207,071 £2,443 7
2013£171,550 £2,151 10
2012£191,667 £2,138 3
2011£166,000 £2,325 4
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£172,571 £1,889 7
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£85,349 £1,107 10
1999£58,124 £906 8
1998£62,166 £846 9
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£534,675 £3,958 20
2021£482,777 £4,272 27
2020£411,000 £4,106 5
2019£395,111 £3,724 9
2018£430,750 £3,817 4
2017£355,702 £3,275 17
2016£341,667 £3,504 6
2015£307,143 £2,431 7
2014£317,150 £2,620 10
2013£278,588 £2,399 17
2012£316,500 £2,510 5
2011£281,667 £2,362 6
2010£254,708 £2,085 12
2009£245,000 £2,463 2
2008£274,400 £2,515 5
2007£324,318 £2,495 16
2006£333,392 £2,671 9
2005£261,749 £2,890 6
2004£242,583 £2,180 12
2003£216,300 £1,727 5
2002£182,916 £1,391 18
2001£167,785 £1,506 14
2000£144,612 £1,213 13
1999£105,607 £838 14
1998£111,800 £897 5
1997£86,700 £819 5
1996£114,999 £859 7
1995£70,600 £652 5
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£368,500 £4,736 3
2023£383,750 £4,306 4
2022£357,115 £4,084 13
2021£356,702 £4,019 32
2020£315,375 £4,072 4
2019£329,038 £3,477 13
2018£337,150 £3,655 20
2017£329,000 £3,212 13
2016£298,864 £3,506 11
2015£253,667 £2,765 18
2014£231,125 £2,913 12
2013£212,108 £2,365 18
2012£203,050 £2,284 6
2011£189,722 £2,022 9
2010£186,214 £2,089 14
2009£211,611 £2,281 9
2008£210,700 £2,629 10
2007£219,232 £2,393 17
2006£212,623 £2,219 32
2005£196,719 £2,110 16
2004£185,666 £1,837 9
2003£161,934 £1,780 16
2002£135,141 £1,577 14
2001£118,079 £1,285 25
2000£102,761 £1,174 21
1999£85,318 £914 14
1998£73,447 £863 19
1997£70,764 £829 17
1996£64,258 £691 24
1995£62,664 £691 18
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£780,000 £2,708 1
2016£475,0001
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 8JU area

The most common house types in the ME3 8JU postcode area are Detached (52), Terraced (45), and Semi-detached (36).

Total138
Detached52
Terraced45
Semi-detached36
Flat3
commercial building1
temporary structure1
Shared house0
converted building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (69), and Owned: Owns with a mortgage or loan (39).

Owned: Owns outright69
Owned: Owns with a mortgage or loan39
Private rented: Private landlord or letting agency12
Social rented: Other social rented10
Private rented: Other private rented6
Shared ownership: Shared ownership2
Social rented: Rents from council or Local Authority1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the ME3 8JU have 1 person in household (53), and 2 people in household (47).

1 person in household53
2 people in household47
3 people in household18
4 people in household15
5 people in household4
6 people in household1
7 people in household1
0 people in household0
8 or more people in household0