Housing Market Analysis for GRAVENEY CLOSE, ME3 8LB

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £229,250 median price is £216,500 Standard Deviation is £101,382 with Total Sold: 30
    • The Last 5 Year average price is £404,500 with Total Sold: 4
    • The most recent sale happened at this postcode is 29 GRAVENEY CLOSE: £415,000 (Sold on 21 Feb 2024)
    • The first recorded sale happened at this postcode is 4 GRAVENEY CLOSE: £425,000 (Sold on 09 Nov 2023)
  • Semi-Detached
    • The average price is around £148,283 median price is £142,950 Standard Deviation is £89,015 with Total Sold: 15
    • The Last 5 Year average price is £381,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 16 GRAVENEY CLOSE: £381,000 (Sold on 24 Jul 2020)
    • The first recorded sale happened at this postcode is 7 GRAVENEY CLOSE: £63,000 (Sold on 28 Feb 1995)
  • Terraced
    • The average price is around £88,667 median price is £74,250 Standard Deviation is £48,537 with Total Sold: 6
    • The Last 5 Year average price is £175,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 8 GRAVENEY CLOSE: £125,000 (Sold on 21 Jul 2006)
    • The first recorded sale happened at this postcode is 8 GRAVENEY CLOSE: £175,000 (Sold on 16 Sep 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average ME3 8LB 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
2024£415,0001
2021£389,000 £3,239 2
2018£310,000 £3,690 1
2017£225,0001
2016£355,000 £2,840 1
2015£315,500 £2,966 2
2014£300,000 £2,727 1
2013£265,000 £2,524 1
2012£200,000 £1,958 1
2010£215,000 £1,958 1
2009£210,000 £2,188 1
2007£244,995 £2,093 2
2006£215,000 £2,104 1
2004£199,998 £2,128 3
2003£174,0001
2001£162,667 £1,889 3
2000£128,500 £1,224 1
1998£96,000 £1,129 1
1997£81,000 £872 2
1996£72,0001
1995£123,0001
2023£425,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£381,000 £3,699 1
2014£249,950 £2,427 1
2009£173,0001
2008£230,000 £2,233 1
2007£204,9951
2005£142,9501
2004£173,0001
2003£165,0001
2000£90,0001
1999£93,2502
1996£50,3451
1995£59,1673
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£125,000 £1,894 1
2003£89,5001
2001£59,0001
2000£48,000 £727 1
1995£35,500 £538 1
2024£175,0001

All the Sales in the GRAVENEY CLOSE, ME3 8LB

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

AddressSold DatePrice% Change
29 GRAVENEY CLOSEDetached, Freehold21 Feb 2024£415,00097.62%
03 Jul 2009£210,000First Sale
21 GRAVENEY CLOSEDetached, FreeholdArea: 102.17 Sq.mtrAge: 1983-199003 Jun 2021£348,00023.84%
27 Nov 2015£281,00040.50%
01 Jun 2012£200,000-6.98%
23 Nov 2006£215,000First Sale
37 GRAVENEY CLOSEDetached, FreeholdArea: 140 Sq.mtrAge: 1996-200212 Jan 2021£430,000First Sale
16 GRAVENEY CLOSESemi-Detached, FreeholdArea: 103 Sq.mtrAge: 1983-199024 Jul 2020£381,00052.43%
19 Nov 2014£249,9508.67%
16 May 2008£230,000First Sale
22 GRAVENEY CLOSEDetached, FreeholdArea: 84 Sq.mtrAge: 1983-199016 Feb 2018£310,00072.23%
05 Aug 2004£179,995First Sale
24 GRAVENEY CLOSEDetached, Freehold06 Feb 2017£225,00029.31%
24 Nov 2003£174,000141.67%
14 Jun 1996£72,000First Sale
36 GRAVENEY CLOSEDetached, FreeholdArea: 125 Sq.mtrAge: 1983-199009 Dec 2016£355,00042.00%
05 Jun 2007£249,995190.69%
08 Dec 1997£86,000First Sale
33 GRAVENEY CLOSEDetached, FreeholdArea: 110 Sq.mtrAge: 1950-196603 Sep 2015£350,000First Sale
39 GRAVENEY CLOSEDetached, FreeholdArea: 110 Sq.mtrAge: 1967-197527 Oct 2014£300,00029.03%
17 Jun 2004£232,500First Sale
27 GRAVENEY CLOSEDetached, FreeholdArea: 105 Sq.mtrAge: 1983-199028 May 2013£265,000106.23%
25 Feb 2000£128,500First Sale
32 GRAVENEY CLOSEDetached, FreeholdArea: 109.79 Sq.mtrAge: 1983-199015 Mar 2010£215,000-10.41%
12 Oct 2007£239,995First Sale
2 GRAVENEY CLOSESemi-Detached, Freehold09 Sep 2009£173,000-15.61%
09 Mar 2007£204,995First Sale
8 GRAVENEY CLOSETerraced, FreeholdArea: 66 Sq.mtrAge: 1991-199521 Jul 2006£125,000160.42%
31 Mar 2000£48,00035.21%
13 Jan 1995£35,500-79.71%
16 Sep 2024£175,000First Sale
6 GRAVENEY CLOSESemi-Detached, Freehold30 Jun 2005£142,95058.83%
21 Dec 2000£90,00078.77%
29 Apr 1996£50,345First Sale
20 GRAVENEY CLOSEDetached, Freehold28 Mar 2004£187,50039.93%
09 Nov 2001£134,000First Sale
7 GRAVENEY CLOSESemi-Detached, Freehold27 Jan 2004£173,00086.02%
13 Oct 1999£93,00047.62%
28 Feb 1995£63,000First Sale
14 GRAVENEY CLOSESemi-Detached, Freehold17 Sep 2003£165,00076.47%
08 Dec 1999£93,500First Sale
9 GRAVENEY CLOSETerraced, Freehold19 May 2003£89,50051.69%
08 Aug 2001£59,000First Sale
5 GRAVENEY CLOSEDetached, FreeholdArea: 72 Sq.mtrAge: 1967-197530 Nov 2001£136,00078.95%
26 Sep 1997£76,000First Sale
26 GRAVENEY CLOSEDetached, Freehold06 Aug 2001£218,00077.24%
21 Dec 1995£123,000First Sale
4 GRAVENEY CLOSEDetached, FreeholdArea: 85 Sq.mtrAge: 1983-199012 Jan 1998£96,000-77.41%
09 Nov 2023£425,000First Sale
3 GRAVENEY CLOSESemi-Detached, Freehold31 Jul 1995£52,500First Sale
18 GRAVENEY CLOSESemi-Detached, Freehold07 Jul 1995£62,000First Sale

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

GRAVENEY CLOSE, ME3 8LB Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £194,009 median price is £182,498 Standard Deviation is £95,972 with Total Sold: 106
    • The Last 5 Year average price is £318,685 with Total Sold: 20
    • The most recent sale happened at this postcode is , 8 GRAVENEY CLOSE: £175,000 (Sold on 16 Sep 2024)
    • The first recorded sale happened at this postcode is , 8 GRAVENEY CLOSE: £35,500 (Sold on 13 Jan 1995)
  • Semi-Detached
    • The average price is around £183,568 median price is £177,500 Standard Deviation is £98,290 with Total Sold: 435
    • The Last 5 Year average price is £342,402 with Total Sold: 56
    • The most recent sale happened at this postcode is , 2 HALE ROAD: £378,000 (Sold on 02 Aug 2024)
    • The first recorded sale happened at this postcode is , 10 BROOKMEAD ROAD: £59,950 (Sold on 05 Jan 1995)
  • Detached
    • The average price is around £253,661 median price is £245,000 Standard Deviation is £120,286 with Total Sold: 233
    • The Last 5 Year average price is £435,274 with Total Sold: 31
    • The most recent sale happened at this postcode is , 29 GRAVENEY CLOSE: £415,000 (Sold on 21 Feb 2024)
    • The first recorded sale happened at this postcode is , 8 ENGLEFIELD CRESCENT: £81,000 (Sold on 05 May 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 £178,000 median price is £178,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , 71 VIEW ROAD: £178,000 (Sold on 22 Aug 2002)
    • The first recorded sale happened at this postcode is , 71 VIEW ROAD: £178,000 (Sold on 22 Aug 2002)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£264,0002
2023£372,102 £4,196 2
2022£341,200 £4,033 5
2021£325,417 £3,782 6
2020£281,667 £2,897 3
2019£299,000 £3,045 2
2018£280,000 £3,337 6
2015£248,667 £2,643 3
2014£225,625 £2,482 4
2013£191,000 £2,125 7
2012£180,000 £2,368 1
2011£194,500 £2,110 2
2010£168,750 £1,942 4
2009£177,000 £2,106 3
2008£199,9501
2007£229,523 £2,601 15
2006£178,500 £2,073 2
2005£171,333 £1,897 3
2004£169,999 £1,824 6
2003£120,7502
2002£118,500 £1,695 4
2001£74,4982
2000£85,625 £846 4
1999£63,498 £835 3
1998£69,875 £827 4
1997£60,800 £686 5
1996£57,0001
1995£44,750 £566 4
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£351,167 £4,736 3
2023£385,833 £4,059 6
2022£366,625 £4,025 8
2021£335,476 £3,899 21
2020£318,812 £3,766 8
2019£327,750 £3,441 10
2018£335,029 £3,666 17
2017£298,000 £3,377 12
2016£274,722 £3,543 9
2015£244,214 £2,648 14
2014£233,139 £2,597 14
2013£197,723 £2,203 11
2012£194,717 £2,189 6
2011£173,056 £1,947 9
2010£192,591 £2,187 11
2009£187,312 £2,033 8
2008£206,365 £2,591 13
2007£205,957 £2,382 19
2006£200,644 £2,199 24
2005£191,563 £2,083 15
2004£175,520 £2,045 10
2003£161,188 £1,750 21
2002£128,472 £1,334 19
2001£114,447 £1,277 24
2000£98,541 £1,185 24
1999£81,191 £912 18
1998£82,394 £845 16
1997£68,000 £770 18
1996£59,861 £674 30
1995£56,203 £654 17
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£415,0001
2023£435,000 £3,555 3
2022£515,000 £4,147 9
2021£424,929 £4,319 7
2020£410,000 £3,850 3
2019£366,750 £3,560 8
2018£385,333 £3,289 6
2017£325,625 £3,387 8
2016£342,562 £3,033 8
2015£303,600 £2,844 5
2014£300,400 £2,360 10
2013£286,800 £2,350 10
2012£267,500 £2,163 5
2011£271,875 £2,287 4
2010£243,035 £2,260 14
2009£220,000 £2,147 4
2008£278,800 £2,515 5
2007£300,474 £2,512 16
2006£296,059 £2,305 9
2005£283,625 £2,532 4
2004£219,181 £2,094 11
2003£179,250 £2,360 6
2002£192,520 £1,510 12
2001£155,124 £1,369 16
2000£144,346 £1,209 13
1999£113,115 £996 13
1998£110,840 £1,065 5
1997£87,000 £948 7
1996£109,166 £701 6
1995£82,000 £687 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£780,000 £2,708 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2002£178,0001

House Type in ME3 8LB area

The most common house types in the ME3 8LB postcode area are Detached (66), Semi-detached (48), and Terraced (4).

Total118
Detached66
Semi-detached48
Terraced4
Flat0
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 (55), and Owned: Owns with a mortgage or loan (51).

Owned: Owns outright55
Owned: Owns with a mortgage or loan51
Private rented: Private landlord or letting agency8
Private rented: Other private rented2
Shared ownership: Shared ownership1
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 8LB have 2 people in household (46), and 3 people in household (26).

2 people in household46
3 people in household26
4 people in household21
1 person in household15
5 people in household7
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0