Housing Market Analysis for ME3 8PD

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average ME3 8PD 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.

    All the Sales in the ME3 8PD

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

    AddressSold DatePrice% Change

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

    ME3 8PD Near By properties

    Interactive Map

    This Interactive map can help you visualize the nearby sold house in the ME3 8PD 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 8PD 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 8PD area

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