Housing Market Analysis for HOLMES CLOSE, ME3 8RY

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

Overview of Sold House prices

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

Terraced
- The average price is around £141,374 median price is £130,000 Standard Deviation is £80,191 with Total Sold: 29
- The Last 5 Year average price is £292,333 with Total Sold: 3
- The most recent sale happened at this postcode is 12 HOLMES CLOSE: £325,000 (Sold on 16 Mar 2023)
- The first recorded sale happened at this postcode is 2 HOLMES CLOSE: £66,995 (Sold on 05 Oct 1998)
Semi-Detached
- The average price is around £133,868 median price is £102,750 Standard Deviation is £65,605 with Total Sold: 25
- The Last 5 Year average price is £297,500 with Total Sold: 2
- The most recent sale happened at this postcode is 5 HOLMES CLOSE: £305,000 (Sold on 03 Nov 2022)
- The first recorded sale happened at this postcode is 17 HOLMES CLOSE: £290,000 (Sold on 08 Mar 2024)
Detached
- The average price is around £114,375 median price is £114,375 Standard Deviation is £24,125 with Total Sold: 2
- The most recent sale happened at this postcode is 23 HOLMES CLOSE: £138,500 (Sold on 26 Jan 2001)
- The first recorded sale happened at this postcode is 23 HOLMES CLOSE: £90,250 (Sold on 23 Dec 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average ME3 8RY 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£325,000	£4,710	1
2021	£252,000	£4,737	1
2020	£300,000	£3,925	1
2018	£240,000	£4,528	1
2016	£247,500	£3,755	2
2014	£220,000	£3,052	2
2012	£147,500	£2,773	1
2009	£130,000	£2,539	1
2008	£148,500	£2,303	2
2007	£157,000	£2,093	1
2006	£149,995	£2,763	1
2003	£140,000		1
2002	£96,000		1
2001	£86,250	£1,680	2
1999	£72,497	£1,139	3
1998	£67,546	£1,111	8

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£305,000	£5,755	1
2014	£194,995	£3,679	1
2011	£175,000	£2,108	1
2007	£173,665	£2,939	3
2006	£183,500		1
2005	£181,500	£2,208	2
2002	£117,248	£1,989	3
2001	£93,000		1
1999	£79,998	£1,033	3
1998	£78,683	£1,193	8
2024	£290,000	£5,577	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2001	£138,500	£1,473	1
1998	£90,250	£960	1

All the Sales in the HOLMES CLOSE, ME3 8RY

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

Address	Sold Date	Price	% Change
12 HOLMES CLOSETerraced, FreeholdArea: 69 Sq.mtrAge: 1996-2002	16 Mar 2023	£325,000	38.30%
	15 Dec 2014	£235,000	172.46%
	26 Nov 1998	£86,250	First Sale
5 HOLMES CLOSESemi-Detached, FreeholdArea: 53 Sq.mtrAge: 1996-2002	03 Nov 2022	£305,000	56.41%
	14 Nov 2014	£194,995	18.18%
	05 Jun 2007	£164,995	32.00%
	24 Sep 2002	£124,995	82.11%
	26 Oct 1998	£68,637	First Sale
21 HOLMES CLOSETerraced, FreeholdArea: 53.2 Sq.mtrAge: 1996-2002	29 Sep 2021	£252,000	20.00%
	16 Dec 2016	£210,000	42.37%
	29 Jun 2012	£147,500	150.02%
	18 Dec 1998	£58,995	First Sale
3 HOLMES CLOSETerraced, FreeholdArea: 76.44 Sq.mtrAge: 1996-2002	06 Oct 2020	£300,000	85.19%
	12 Dec 2008	£162,000	113.17%
	09 Oct 1998	£75,995	First Sale
10 HOLMES CLOSETerraced, FreeholdArea: 53 Sq.mtrAge: 2003-2006	13 Mar 2018	£240,000	321.09%
	07 Jan 1999	£56,995	First Sale
22 HOLMES CLOSETerraced, FreeholdArea: 80 Sq.mtrAge: 1996-2002	10 Nov 2016	£285,000	235.31%
	12 Mar 1999	£84,995	First Sale
4 HOLMES CLOSETerraced, FreeholdArea: 76 Sq.mtrAge: 2003-2006	09 May 2014	£205,000	9.04%
	31 May 2007	£188,000	51.61%
	30 Jan 2002	£124,000	51.31%
	26 Oct 1998	£81,950	First Sale
16 HOLMES CLOSESemi-Detached, FreeholdArea: 83.02 Sq.mtrAge: 1996-2002	22 Dec 2011	£175,000	-5.41%
	03 Jun 2005	£185,000	118.93%
	14 Jan 1999	£84,500	First Sale
2 HOLMES CLOSETerraced, FreeholdArea: 51.2 Sq.mtrAge: 2003-2006	10 Jul 2009	£130,000	51.16%
	23 May 2001	£86,000	28.37%
	05 Oct 1998	£66,995	First Sale
9 HOLMES CLOSETerraced, FreeholdArea: 54.29 Sq.mtrAge: 1991-1995	21 Nov 2008	£135,000	-10.00%
	01 Dec 2006	£149,995	123.89%
	23 Nov 1998	£66,995	First Sale
14 HOLMES CLOSETerraced, FreeholdArea: 75 Sq.mtrAge: 1996-2002	25 May 2007	£157,000	141.56%
	30 Nov 1998	£64,995	First Sale
17 HOLMES CLOSESemi-Detached, FreeholdArea: 52 Sq.mtrAge: 1996-2002	18 May 2007	£168,000	63.50%
	08 Mar 2002	£102,750	42.72%
	04 Dec 1998	£71,995	-75.17%
	08 Mar 2024	£290,000	First Sale
11 HOLMES CLOSESemi-Detached, Freehold	08 Sep 2006	£183,500	115.90%
11 HOLMES CLOSESemi-Detached, Freehold	20 Nov 1998	£84,995	First Sale
7 HOLMES CLOSESemi-Detached, FreeholdArea: 81.4 Sq.mtrAge: 1996-2002	29 Apr 2005	£178,000	128.51%
	16 Nov 1998	£77,895	First Sale
6 HOLMES CLOSETerraced, Freehold	11 Dec 2003	£140,000	First Sale
1 HOLMES CLOSETerraced, Freehold	30 Jan 2002	£96,000	39.23%
1 HOLMES CLOSETerraced, Freehold	05 Oct 1998	£68,950	First Sale
18 HOLMES CLOSESemi-Detached, Freehold	24 Jul 2001	£93,000	33.81%
18 HOLMES CLOSESemi-Detached, Freehold	14 May 1999	£69,500	First Sale
8 HOLMES CLOSETerraced, Freehold	06 Apr 2001	£86,500	24.55%
8 HOLMES CLOSETerraced, Freehold	09 Nov 1998	£69,450	First Sale
23 HOLMES CLOSEDetached, FreeholdArea: 94 Sq.mtrAge: 1996-2002	26 Jan 2001	£138,500	53.46%
	23 Dec 1998	£90,250	First Sale
15 HOLMES CLOSETerraced, FreeholdArea: 59 Sq.mtrAge: 1996-2002	27 Sep 1999	£75,500	11.04%
	27 Nov 1998	£67,995	First Sale
20 HOLMES CLOSESemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1996-2002	29 Mar 1999	£85,995	First Sale
19 HOLMES CLOSESemi-Detached, Freehold	11 Dec 1998	£86,495	First Sale
6Semi-Detached, Freehold	30 Oct 1998	£71,250	First Sale

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

HOLMES CLOSE, ME3 8RY Near By properties

Interactive Map

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

Terraced
- The average price is around £156,529 median price is £153,000 Standard Deviation is £80,781 with Total Sold: 187
- The Last 5 Year average price is £283,280 with Total Sold: 25
- The most recent sale happened at this postcode is , 15 LEAMAN CLOSE: £320,000 (Sold on 22 Aug 2024)
- The first recorded sale happened at this postcode is , 23 THE STREET: £50,000 (Sold on 30 May 1995)
Detached
- The average price is around £290,848 median price is £270,000 Standard Deviation is £149,542 with Total Sold: 545
- The Last 5 Year average price is £508,899 with Total Sold: 97
- The most recent sale happened at this postcode is , 11 GOODWOOD CLOSE: £408,000 (Sold on 19 Aug 2024)
- The first recorded sale happened at this postcode is , 8 MARSH CRESCENT: £112,000 (Sold on 10 Jul 1995)
Semi-Detached
- The average price is around £189,111 median price is £171,250 Standard Deviation is £108,530 with Total Sold: 272
- The Last 5 Year average price is £357,142 with Total Sold: 42
- The most recent sale happened at this postcode is , 23 HARRISON DRIVE: £355,000 (Sold on 11 Jul 2024)
- The first recorded sale happened at this postcode is , 32 NORTHWOOD AVENUE: £82,000 (Sold on 24 Mar 1995)
Flat
- The average price is around £144,278 median price is £133,000 Standard Deviation is £33,282 with Total Sold: 26
- The Last 5 Year average price is £166,000 with Total Sold: 8
- The most recent sale happened at this postcode is FLAT 2, 5 FARMSTEAD ROAD: £94,000 (Sold on 28 Jun 2023)
- The first recorded sale happened at this postcode is 9, HERONSBANK BRITANNIA ROAD: £127,950 (Sold on 05 Sep 2005)
Other
- The average price is around £1,144,786 median price is £278,572 Standard Deviation is £1,654,239 with Total Sold: 4
- The Last 5 Year average price is £1,391,048 with Total Sold: 3
- The most recent sale happened at this postcode is 8, HERONSBANK BRITANNIA ROAD: £22,000 (Sold on 11 Nov 2021)
- The first recorded sale happened at this postcode is , 5 DRAYTON CLOSE: £406,000 (Sold on 24 Feb 2017)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£295,000		2
2023	£320,812	£4,815	8
2022	£335,500	£4,147	2
2021	£252,500	£4,464	5
2020	£278,000	£3,968	4
2019	£220,000	£3,627	4
2018	£259,500	£4,034	5
2017	£252,700	£3,348	5
2016	£235,625	£3,358	8
2015	£188,667	£2,988	3
2014	£197,888	£3,067	9
2013	£177,667	£2,364	9
2012	£166,125	£2,618	4
2011	£178,333	£2,449	3
2010	£172,250	£2,540	4
2009	£142,500	£2,539	4
2008	£171,667	£2,464	6
2007	£167,222	£2,426	9
2006	£179,074	£2,266	6
2005	£167,242	£2,609	6
2004	£168,500		1
2003	£140,292	£2,284	6
2002	£109,198	£1,792	6
2001	£100,691	£1,684	13
2000	£90,713	£1,365	7
1999	£75,597	£1,092	5
1998	£64,557	£1,039	38
1997	£62,132		3
1996	£48,500	£632	1
1995	£50,000	£521	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£521,600	£3,865	5
2023	£509,000	£4,509	5
2022	£546,970	£4,844	17
2021	£517,610	£4,117	31
2020	£499,513	£3,942	23
2019	£461,062	£3,605	16
2018	£450,583	£3,786	12
2017	£419,676	£3,537	17
2016	£453,417	£4,074	18
2015	£340,409	£3,181	17
2014	£341,647	£3,039	17
2013	£319,455	£2,444	11
2012	£302,893	£2,454	14
2011	£287,423	£2,347	13
2010	£285,400	£2,261	10
2009	£289,444	£2,003	9
2008	£324,818	£2,406	11
2007	£308,470	£2,780	17
2006	£289,307	£2,515	13
2005	£299,857	£2,149	14
2004	£284,165	£2,345	15
2003	£255,966	£2,035	15
2002	£213,025	£1,692	19
2001	£188,547	£1,548	50
2000	£167,218	£1,344	70
1999	£124,324	£1,068	47
1998	£103,837	£1,048	26
1997	£104,530	£1,150	8
1996	£93,000	£925	3
1995	£92,500	£948	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£322,500	£5,577	2
2023	£383,000	£4,724	5
2022	£342,583	£5,058	6
2021	£400,729	£4,064	13
2020	£341,775	£4,370	9
2019	£299,856	£4,327	7
2018	£286,056	£4,249	9
2017	£291,000	£3,641	11
2016	£307,800	£3,709	5
2015	£239,192	£2,832	13
2014	£180,678	£2,300	7
2013	£209,222	£2,756	9
2012	£200,583	£2,402	12
2011	£174,667	£2,527	3
2010	£197,000	£2,418	5
2009	£183,332	£2,548	3
2008	£247,000		2
2007	£183,374	£2,839	12
2006	£204,307	£2,849	13
2005	£196,437	£2,138	8
2004	£170,166	£2,334	9
2003	£172,998		3
2002	£114,968	£1,834	8
2001	£127,807	£1,567	13
2000	£100,417	£1,412	19
1999	£85,713	£1,061	13
1998	£79,779	£1,075	28
1997	£67,803	£784	14
1996	£55,124	£787	8
1995	£66,833	£811	3

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£139,667	£3,058	3
2022	£191,000	£4,548	1
2019	£179,500	£3,328	4
2018	£165,000	£3,587	1
2016	£166,000	£3,532	1
2014	£143,498	£2,740	2
2012	£101,500	£2,485	2
2008	£133,000	£2,830	1
2007	£126,998	£3,137	2
2006	£136,862	£2,594	4
2005	£133,560	£2,810	5

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£22,000	£344	1
2019	£2,075,572	£16,206	2
2017	£406,000	£3,487	1

House Type in ME3 8RY area

The most common house types in the ME3 8RY postcode area are Semi-detached (61), Terraced (42), and Detached (33).

Total	145
Semi-detached	61
Terraced	42
Detached	33
Flat	8
commercial building	1
Shared house	0
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (61), and Owned: Owns with a mortgage or loan (56).

Owned: Owns outright	61
Owned: Owns with a mortgage or loan	56
Private rented: Private landlord or letting agency	17
Social rented: Other social rented	7
Shared ownership: Shared ownership	2
Private rented: Other private rented	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the ME3 8RY have 2 people in household (64), and 1 person in household (35).

2 people in household	64
1 person in household	35
3 people in household	20
4 people in household	19
5 people in household	5
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0