Housing Market Analysis for ELMWOOD ROAD, ME3 8PB

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £81,500 median price is £95,000 Standard Deviation is £31,694 with Total Sold: 11
    • 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:

Below table and chart gives the average ME3 8PB 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£135,000 £2,143 1
2016£113,000 £1,794 1
2008£95,000 £1,462 1
2007£110,0001
2006£98,000 £1,563 2
2004£70,000 £979 1
2003£42,750 £679 1
2002£44,917 £715 3

All the Sales in the ELMWOOD ROAD, ME3 8PB

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

AddressSold DatePrice% Change
FLAT 5, STEWART HOUSE ELMWOOD ROADFlat, LeaseholdArea: 63 Sq.mtrAge: 1996-200227 Aug 2021£135,00019.47%
25 Feb 2016£113,00014.72%
04 Aug 2006£98,500130.41%
30 May 2003£42,750First Sale
FLAT 8, STEWART HOUSE ELMWOOD ROADFlat, LeaseholdArea: 65 Sq.mtrAge: 1967-197528 May 2008£95,000106.52%
19 Aug 2002£46,000First Sale
FLAT 7, STEWART HOUSE ELMWOOD ROADFlat, Leasehold20 Dec 2007£110,00012.82%
25 Aug 2006£97,500128.07%
14 Jun 2002£42,750First Sale
FLAT 4, STEWART HOUSE ELMWOOD ROADFlat, LeaseholdArea: 71.52 Sq.mtrAge: 1976-198216 Jan 2004£70,000First Sale
FLAT 6, STEWART HOUSE ELMWOOD ROADFlat, LeaseholdArea: 63.64 Sq.mtrAge: 1967-197519 Aug 2002£46,000First Sale

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

ELMWOOD ROAD, ME3 8PB Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £199,643 median price is £168,500 Standard Deviation is £96,544 with Total Sold: 148
    • The Last 5 Year average price is £326,545 with Total Sold: 23
    • 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 £163,991 median price is £153,000 Standard Deviation is £51,346 with Total Sold: 127
    • The Last 5 Year average price is £247,143 with Total Sold: 14
    • 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)
  • Detached
    • The average price is around £255,422 median price is £213,625 Standard Deviation is £119,351 with Total Sold: 18
    • 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 , 42 CHATTENDEN LANE: £164,995 (Sold on 11 Nov 1999)
  • 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£421,000 £3,303 2
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£230,230 £2,578 5
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£174,0002
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£222,500 £2,742 4
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£181,250 £2,409 4
2013£133,429 £1,658 7
2012£133,625 £1,872 4
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£140,000 £1,728 1
2004£141,164 £2,046 18
2003£120,264 £1,546 19
2002£80,973 £1,123 3
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£497,500 £4,326 1
2021£322,375 £2,428 2
2016£220,000 £2,931 1
2015£270,000 £1,942 1
2014£245,833 £3,292 3
2013£207,250 £1,502 1
2012£83,600 £1,201 1
2010£307,000 £2,117 1
2009£322,500 £4,627 1
2007£170,000 £2,265 1
2005£140,000 £1,626 1
2004£266,250 £2,341 2
2003£300,0001
1999£164,995 £1,187 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 8PB area

The most common house types in the ME3 8PB 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 8PB 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