Housing Market Analysis for ME3 8RP

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average ME3 8RP 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 8RP

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

    AddressSold DatePrice% Change

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

    ME3 8RP Near By properties

    Interactive Map

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

    The most common house types in the ME3 8RP postcode area are Semi-detached (85), Detached (23), and Terraced (23).

    Total150
    Semi-detached85
    Detached23
    Terraced23
    Flat19
    Shared house0
    converted building0
    commercial building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (56), and Owned: Owns outright (40).

    Owned: Owns with a mortgage or loan56
    Owned: Owns outright40
    Social rented: Other social rented23
    Private rented: Private landlord or letting agency23
    Social rented: Rents from council or Local Authority6
    Private rented: Other private rented3
    Shared ownership: Shared ownership2
    Does not apply0
    Lives rent free0

    Number of People in a Household

    The most houses in the ME3 8RP have 2 people in household (44), and 1 person in household (41).

    2 people in household44
    1 person in household41
    3 people in household31
    4 people in household27
    5 people in household5
    6 people in household4
    8 or more people in household3
    0 people in household0
    7 people in household0