Housing Market Analysis for FORGE COTTAGES, ME3 8QT

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £450,000 median price is £450,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £450,000 with Total Sold: 1
    • The most recent sale happened at this postcode is FENN HOUSE FARM FENN STREET: £450,000 (Sold on 28 Jun 2021)
    • The first recorded sale happened at this postcode is FENN HOUSE FARM FENN STREET: £450,000 (Sold on 28 Jun 2021)
  • Semi-Detached
    • The average price is around £215,389 median price is £195,000 Standard Deviation is £113,439 with Total Sold: 9
    • The Last 5 Year average price is £350,833 with Total Sold: 3
    • The most recent sale happened at this postcode is PORTIKA FENN STREET: £390,000 (Sold on 22 Sep 2020)
    • The first recorded sale happened at this postcode is 2 FORGE COTTAGES: £80,000 (Sold on 30 Jun 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average ME3 8QT 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
2021£450,000 £1,257 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£367,500 £3,188 2
2019£317,500 £3,414 1
2016£285,000 £3,065 1
2005£195,000 £1,661 1
2001£95,000 £1,022 1
1999£115,500 £962 2
1995£80,000 £672 1

All the Sales in the FORGE COTTAGES, ME3 8QT

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

AddressSold DatePrice% Change
FENN HOUSE FARM FENN STREETDetached, FreeholdArea: 358 Sq.mtrAge: 2007-201128 Jun 2021£450,000First Sale
PORTIKA FENN STREETSemi-Detached, FreeholdArea: 117.4 Sq.mtrAge: 1950-196622 Sep 2020£390,000100.00%
07 Oct 2005£195,000First Sale
1 FORGE COTTAGESSemi-Detached, FreeholdArea: 113 Sq.mtrAge: 1900-192910 Sep 2020£345,000First Sale
5 FORGE COTTAGESSemi-Detached, FreeholdArea: 93 Sq.mtrAge: 1950-196620 Jun 2019£317,50011.40%
21 Apr 2016£285,000200.00%
25 Jun 2001£95,000First Sale
HENDRA FENN STREETSemi-Detached, FreeholdArea: 121 Sq.mtrAge: 1950-196622 Dec 1999£121,000First Sale
2 FORGE COTTAGESSemi-Detached, FreeholdArea: 119 Sq.mtrAge: before 190009 Apr 1999£110,00037.50%
30 Jun 1995£80,000First Sale

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

FORGE COTTAGES, ME3 8QT Near By properties

Interactive Map

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

  • Other
    • The average price is around £312,500 median price is £312,500 Standard Deviation is £67,500 with Total Sold: 2
    • The Last 5 Year average price is £312,500 with Total Sold: 2
    • The most recent sale happened at this postcode is FENN BELL INN, FENN CORNER : £380,000 (Sold on 06 Mar 2023)
    • The first recorded sale happened at this postcode is , THE BARN OWN SHARNAL STREET: £245,000 (Sold on 30 Sep 2020)
  • Detached
    • The average price is around £469,500 median price is £495,000 Standard Deviation is £294,563 with Total Sold: 17
    • The Last 5 Year average price is £875,000 with Total Sold: 3
    • The most recent sale happened at this postcode is , SOUTHVIEW SHARNAL STREET: £1,275,000 (Sold on 24 May 2022)
    • The first recorded sale happened at this postcode is , BEECHCROFT SHARNAL STREET: £95,000 (Sold on 08 Aug 1995)
  • Semi-Detached
    • The average price is around £211,466 median price is £200,000 Standard Deviation is £102,532 with Total Sold: 15
    • The Last 5 Year average price is £313,125 with Total Sold: 4
    • The most recent sale happened at this postcode is , PORTIKA FENN STREET: £390,000 (Sold on 22 Sep 2020)
    • The first recorded sale happened at this postcode is , 2 FORGE COTTAGES: £80,000 (Sold on 30 Jun 1995)

Sold Price Trend Over the Years:

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£380,0001
2020£245,000 £1,870 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£1,275,0001
2021£675,000 £2,527 2
2014£110,000 £464 1
2013£420,000 £1,833 1
2010£550,000 £2,400 1
2009£499,000 £2,097 1
2008£670,0001
2007£297,500 £1,098 2
2006£475,000 £2,503 2
2005£542,5001
2003£565,0001
1998£195,000 £819 1
1996£165,000 £693 1
1995£95,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£311,667 £3,218 3
2019£317,500 £3,414 1
2016£285,000 £3,065 1
2011£222,500 £1,940 2
2005£195,000 £1,661 1
2003£290,000 £1,868 1
2001£150,498 £1,174 2
1999£115,500 £962 2
1996£92,5001
1995£80,000 £672 1

House Type in ME3 8QT area

The most common house types in the ME3 8QT postcode area are Detached (52), Semi-detached (31), and Terraced (5).

Total90
Detached52
Semi-detached31
Terraced5
Shared house1
converted building1
Flat0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (43), and Owned: Owns with a mortgage or loan (31).

Owned: Owns outright43
Owned: Owns with a mortgage or loan31
Private rented: Other private rented8
Private rented: Private landlord or letting agency6
Social rented: Other social rented3
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the ME3 8QT have 2 people in household (37), and 3 people in household (17).

2 people in household37
3 people in household17
1 person in household14
4 people in household12
5 people in household4
6 people in household3
7 people in household1
8 or more people in household1
0 people in household0