Housing Market Analysis for HOMELEA COTTAGE, ME3 8RN

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £359,556 median price is £385,000 Standard Deviation is £155,511 with Total Sold: 9
    • The Last 5 Year average price is £520,000 with Total Sold: 2
    • The most recent sale happened at this postcode is TREVELGUE RATCLIFFE HIGHWAY: £570,000 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is BRIJO RATCLIFFE HIGHWAY: £40,000 (Sold on 10 Mar 1997)
  • Semi-Detached
    • The average price is around £91,500 median price is £91,500 Standard Deviation is £3,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 2, HOMELEA COTTAGE RATCLIFFE HIGHWAY: £88,000 (Sold on 26 Aug 1997)
    • The first recorded sale happened at this postcode is 1 HOMELEA COTTAGE: £95,000 (Sold on 29 Sep 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average ME3 8RN 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£570,0001
2020£470,000 £3,534 1
2014£500,000 £2,128 1
2011£317,500 £1,719 2
2008£345,000 £4,059 1
2007£451,000 £1,941 1
1999£225,0001
1997£40,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1997£88,000 £727 1
1995£95,000 £625 1

All the Sales in the HOMELEA COTTAGE, ME3 8RN

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

AddressSold DatePrice% Change
TREVELGUE RATCLIFFE HIGHWAYDetached, Freehold26 Jul 2024£570,00021.28%
18 Dec 2020£470,00088.00%
17 Jan 2011£250,000First Sale
ASH GROVE RATCLIFFE HIGHWAYDetached, FreeholdArea: 235 Sq.mtrAge: 1983-199011 Dec 2014£500,000First Sale
LITTLE OWLS RATCLIFFE HIGHWAYDetached, FreeholdArea: 247 Sq.mtrAge: 1930-194923 Sep 2011£385,000First Sale
SIENNA RATCLIFFE HIGHWAYDetached, FreeholdArea: 85 Sq.mtrAge: 1967-197519 Nov 2008£345,000First Sale
THE BIRCHES RATCLIFFE HIGHWAYDetached, FreeholdArea: 232.31 Sq.mtrAge: 1991-199507 Aug 2007£451,000First Sale
BARN STREET FARM RATCLIFFE HIGHWAYDetached, Freehold08 Oct 1999£225,000First Sale
2, HOMELEA COTTAGE RATCLIFFE HIGHWAYSemi-Detached, FreeholdArea: 121 Sq.mtrAge: 1930-194926 Aug 1997£88,000First Sale
BRIJO RATCLIFFE HIGHWAYDetached, Freehold10 Mar 1997£40,000First Sale
1 HOMELEA COTTAGESemi-Detached, FreeholdArea: 152 Sq.mtrAge: 1900-192929 Sep 1995£95,000First Sale

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

HOMELEA COTTAGE, ME3 8RN Near By properties

Interactive Map

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

  • Detached
    • The average price is around £356,273 median price is £385,000 Standard Deviation is £143,030 with Total Sold: 11
    • The Last 5 Year average price is £520,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , TREVELGUE RATCLIFFE HIGHWAY: £570,000 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is , BRIJO RATCLIFFE HIGHWAY: £40,000 (Sold on 10 Mar 1997)
  • Semi-Detached
    • The average price is around £91,500 median price is £91,500 Standard Deviation is £3,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 2, HOMELEA COTTAGE RATCLIFFE HIGHWAY: £88,000 (Sold on 26 Aug 1997)
    • The first recorded sale happened at this postcode is , 1 HOMELEA COTTAGE: £95,000 (Sold on 29 Sep 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£570,0001
2020£470,000 £3,534 1
2014£500,000 £2,128 1
2013£283,000 £2,645 1
2011£317,500 £1,719 2
2009£400,000 £2,210 1
2008£345,000 £4,059 1
2007£451,000 £1,941 1
1999£225,0001
1997£40,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1997£88,000 £727 1
1995£95,000 £625 1

House Type in ME3 8RN area

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