Housing Market Analysis for ELMWOOD ROAD, ME3 8NB

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £153,499 median price is £142,500 Standard Deviation is £40,300 with Total Sold: 5
    • The Last 5 Year average price is £230,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 55 ELMWOOD ROAD: £230,000 (Sold on 18 Nov 2022)
    • The first recorded sale happened at this postcode is 55 ELMWOOD ROAD: £109,995 (Sold on 10 Oct 2003)
  • Terraced
    • The average price is around £167,559 median price is £149,995 Standard Deviation is £45,622 with Total Sold: 25
    • The Last 5 Year average price is £232,125 with Total Sold: 4
    • The most recent sale happened at this postcode is 5A ELMWOOD ROAD: £253,500 (Sold on 27 Apr 2021)
    • The first recorded sale happened at this postcode is 43A ELMWOOD ROAD: £109,995 (Sold on 24 Oct 2003)
  • Detached
    • The average price is around £173,500 median price is £176,250 Standard Deviation is £28,504 with Total Sold: 6
    • The most recent sale happened at this postcode is 21 ELMWOOD ROAD: £220,000 (Sold on 31 Mar 2016)
    • The first recorded sale happened at this postcode is 5A ELMWOOD ROAD: £138,500 (Sold on 08 Jul 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average ME3 8NB 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
2022£230,000 £2,591 1
2009£140,000 £1,577 1
2007£145,000 £1,633 1
2003£126,248 £1,239 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£253,500 £3,380 1
2020£240,000 £2,963 1
2019£217,500 £2,778 2
2017£215,000 £2,622 1
2016£213,750 £2,694 4
2015£182,500 £2,383 1
2014£180,000 £2,400 1
2011£131,500 £1,532 2
2010£150,000 £1,980 2
2007£147,998 £1,940 2
2005£140,000 £1,728 1
2004£119,995 £1,448 1
2003£118,162 £1,513 6
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£220,000 £2,931 1
2014£186,250 £2,319 2
2007£170,000 £2,265 1
2005£140,000 £1,626 1
2004£138,500 £1,847 1

All the Sales in the ELMWOOD ROAD, ME3 8NB

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

AddressSold DatePrice% Change
55 ELMWOOD ROADSemi-Detached, FreeholdArea: 88.78 Sq.mtrAge: 2003-200618 Nov 2022£230,00064.29%
26 Jun 2009£140,000-3.45%
02 Feb 2007£145,00031.82%
10 Oct 2003£109,995First Sale
5A ELMWOOD ROADTerraced, FreeholdArea: 75 Sq.mtrAge: 2003-200627 Apr 2021£253,5003.47%
06 Jun 2016£245,00036.11%
03 Jan 2014£180,00016.13%
06 Oct 2010£155,00011.91%
08 Jul 2004£138,500First Sale
47 ELMWOOD ROADTerraced, FreeholdArea: 81 Sq.mtrAge: before 190024 Aug 2020£240,00092.00%
31 Mar 2011£125,000-10.71%
21 Oct 2005£140,00016.67%
31 Oct 2003£119,995First Sale
43A ELMWOOD ROADTerraced, FreeholdArea: 69 Sq.mtrAge: 2003-200630 Aug 2019£220,00050.68%
03 Aug 2007£146,00032.73%
24 Oct 2003£109,995First Sale
27 ELMWOOD ROADTerraced, FreeholdArea: 90.78 Sq.mtrAge: 1967-197525 Jul 2019£215,00055.80%
23 Jun 2011£138,000First Sale
1 ELMWOOD ROADTerraced, FreeholdArea: 82 Sq.mtrAge: 1983-199030 Mar 2017£215,000First Sale
49 ELMWOOD ROADTerraced, FreeholdArea: 76.6 Sq.mtrAge: 1983-199009 Dec 2016£210,00015.07%
17 Jul 2015£182,50025.86%
06 Aug 2010£145,00020.84%
03 Nov 2003£119,995First Sale
53 ELMWOOD ROADTerraced, FreeholdArea: 85 Sq.mtrAge: 1950-196615 Apr 2016£200,00033.34%
02 Mar 2007£149,99525.00%
31 Oct 2003£119,995First Sale
21 ELMWOOD ROADDetached, FreeholdArea: 75.06 Sq.mtrAge: 1996-200231 Mar 2016£220,00020.55%
29 Aug 2014£182,5007.35%
19 Jun 2007£170,000First Sale
43 ELMWOOD ROADTerraced, FreeholdArea: 82.88 Sq.mtrAge: 1967-197530 Mar 2016£200,00066.67%
09 Jan 2004£119,995First Sale
19 ELMWOOD ROADDetached, FreeholdArea: 86.1 Sq.mtrAge: 2003-200629 Sep 2014£190,00035.71%
31 Mar 2005£140,000First Sale
25 ELMWOOD ROADSemi-Detached, Freehold18 Dec 2003£142,500First Sale
45 ELMWOOD ROADTerraced, Freehold21 Nov 2003£119,000First Sale
51 ELMWOOD ROADTerraced, Freehold17 Nov 2003£119,995First Sale

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

ELMWOOD ROAD, ME3 8NB Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £202,726 median price is £169,000 Standard Deviation is £99,304 with Total Sold: 151
    • The Last 5 Year average price is £325,564 with Total Sold: 24
    • The most recent sale happened at this postcode is , 5 LODGE HILL LANE: £265,750 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , HOATH LODGE CHATTENDEN LANE: £60,000 (Sold on 18 Apr 1996)
  • Terraced
    • The average price is around £163,864 median price is £153,000 Standard Deviation is £50,361 with Total Sold: 133
    • The Last 5 Year average price is £244,000 with Total Sold: 15
    • The most recent sale happened at this postcode is , 177 LODGE HILL LANE: £282,000 (Sold on 09 Feb 2024)
    • The first recorded sale happened at this postcode is , 219 LODGE HILL LANE: £43,425 (Sold on 09 Jan 2002)
  • Other
    • The average price is around £650,000 median price is £650,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £650,000 with Total Sold: 1
    • The most recent sale happened at this postcode is ROUGHWAYS BARN, CHATTENDEN FARM LODGE HILL LANE: £650,000 (Sold on 17 Nov 2023)
    • The first recorded sale happened at this postcode is ROUGHWAYS BARN, CHATTENDEN FARM LODGE HILL LANE: £650,000 (Sold on 17 Nov 2023)
  • Detached
    • The average price is around £340,629 median price is £285,000 Standard Deviation is £226,618 with Total Sold: 24
    • The Last 5 Year average price is £380,750 with Total Sold: 3
    • The most recent sale happened at this postcode is , 40 CHATTENDEN LANE: £497,500 (Sold on 30 Jun 2023)
    • The first recorded sale happened at this postcode is WINDWHISTLE, CHATTENDEN FARM LODGE HILL LANE: £152,500 (Sold on 17 Jan 1996)
  • Flat
    • The average price is around £86,143 median price is £96,250 Standard Deviation is £33,739 with Total Sold: 14
    • The Last 5 Year average price is £135,000 with Total Sold: 1
    • The most recent sale happened at this postcode is FLAT 5, STEWART HOUSE ELMWOOD ROAD: £135,000 (Sold on 27 Aug 2021)
    • The first recorded sale happened at this postcode is FLAT 7, STEWART HOUSE ELMWOOD ROAD: £42,750 (Sold on 14 Jun 2002)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£368,5833
2023£347,250 £3,675 2
2022£341,812 £4,314 8
2021£381,667 £3,120 3
2020£268,265 £3,273 3
2019£265,800 £3,434 5
2018£292,072 £3,175 8
2017£210,000 £3,092 1
2016£329,000 £3,489 4
2015£277,275 £2,578 6
2014£193,286 £2,336 7
2013£198,229 £1,742 18
2012£168,300 £1,603 5
2011£162,400 £1,620 10
2010£151,667 £1,981 3
2009£155,000 £2,585 4
2008£199,0003
2007£163,399 £2,411 5
2006£161,850 £2,119 10
2005£152,800 £2,512 5
2004£154,450 £2,176 10
2003£136,225 £1,939 17
2002£109,345 £1,664 10
1996£60,000 £488 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£298,5002
2023£288,167 £4,392 3
2021£201,750 £2,562 2
2020£235,000 £2,857 3
2019£218,000 £2,569 5
2018£227,250 £3,380 4
2017£221,200 £2,790 5
2016£216,667 £2,625 6
2015£185,611 £2,650 9
2014£179,400 £2,259 5
2013£134,500 £1,691 8
2012£135,500 £1,766 5
2011£138,000 £1,880 6
2010£147,625 £1,878 4
2009£149,571 £1,886 7
2008£187,375 £3,496 4
2007£142,249 £2,050 6
2006£151,750 £1,929 6
2005£150,000 £1,607 3
2004£141,164 £2,046 18
2003£120,264 £1,546 19
2002£80,973 £1,123 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£650,000 £2,838 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£497,500 £4,326 1
2021£322,375 £2,428 2
2018£870,000 £2,581 1
2017£905,000 £2,542 1
2016£220,000 £2,931 1
2015£270,000 £1,942 1
2014£346,875 £2,951 4
2013£207,250 £1,502 1
2012£83,600 £1,201 1
2010£307,000 £2,117 1
2009£501,250 £3,760 2
2007£170,000 £2,265 1
2005£140,000 £1,626 1
2004£284,167 £2,150 3
2003£300,0001
1999£164,995 £1,187 1
1996£152,500 £452 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£135,000 £2,143 1
2016£113,000 £1,794 1
2008£117,250 £1,976 2
2007£110,0001
2006£98,000 £1,563 2
2004£70,000 £979 1
2003£70,917 £904 3
2002£44,917 £715 3

House Type in ME3 8NB area

The most common house types in the ME3 8NB postcode area are Terraced (76), Flat (55), and Semi-detached (32).

Total171
Terraced76
Flat55
Semi-detached32
Detached7
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (83), and Owned: Owns with a mortgage or loan (40).

Social rented: Other social rented83
Owned: Owns with a mortgage or loan40
Private rented: Private landlord or letting agency24
Shared ownership: Shared ownership10
Social rented: Rents from council or Local Authority9
Owned: Owns outright6
Does not apply0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the ME3 8NB have 3 people in household (59), and 4 people in household (37).

3 people in household59
4 people in household37
2 people in household31
1 person in household17
5 people in household16
6 people in household6
7 people in household1
8 or more people in household1
0 people in household0