Housing Market Analysis for FORGE LANE, ME3 8SL

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £449,250 median price is £400,500 Standard Deviation is £216,641 with Total Sold: 8
    • The Last 5 Year average price is £790,000 with Total Sold: 1
    • The most recent sale happened at this postcode is THE HERONS FORGE LANE: £790,000 (Sold on 24 Aug 2022)
    • The first recorded sale happened at this postcode is KEMAMAN FORGE LANE: £103,000 (Sold on 01 Mar 2002)
  • Semi-Detached
    • The average price is around £212,500 median price is £212,500 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is ROSE HOUSE FORGE LANE: £212,500 (Sold on 31 Oct 2014)
    • The first recorded sale happened at this postcode is ROSE HOUSE FORGE LANE: £212,500 (Sold on 31 Oct 2014)

Sold Price Trend Over the Years:

Below table and chart gives the average ME3 8SL 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
2022£790,000 £5,000 1
2016£770,000 £3,908 1
2014£403,000 £2,542 1
2011£355,000 £2,239 1
2004£398,0001
2003£475,0001
2002£201,500 £1,023 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£212,5001

All the Sales in the FORGE LANE, ME3 8SL

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

AddressSold DatePrice% Change
THE HERONS FORGE LANEDetached, FreeholdArea: 158 Sq.mtrAge: 1950-196624 Aug 2022£790,000First Sale
KEMAMAN FORGE LANEDetached, FreeholdArea: 197.05 Sq.mtrAge: 1950-196614 Dec 2016£770,000156.67%
12 Apr 2002£300,000191.26%
01 Mar 2002£103,000First Sale
HAL BEN FORGE LANEDetached, FreeholdArea: 158.55 Sq.mtrAge: 1950-196625 Nov 2014£403,00013.52%
01 Sep 2011£355,000First Sale
ROSE HOUSE FORGE LANESemi-Detached, Freehold31 Oct 2014£212,500First Sale
RIVERS REACH FORGE LANEDetached, Freehold17 Dec 2004£398,000First Sale
WYNFORD LODGE FORGE LANEDetached, Freehold08 Dec 2003£475,000First Sale

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

FORGE LANE, ME3 8SL Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME3 8SL 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 8SL 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 £275,979 median price is £246,000 Standard Deviation is £149,113 with Total Sold: 479
    • The Last 5 Year average price is £537,769 with Total Sold: 54
    • 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 , 35 COOLING ROAD: £144,000 (Sold on 03 Feb 1995)
  • Semi-Detached
    • The average price is around £180,475 median price is £169,995 Standard Deviation is £106,071 with Total Sold: 257
    • The Last 5 Year average price is £355,750 with Total Sold: 32
    • 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 , 1 THAMES VIEW COTTAGES: £45,000 (Sold on 31 Mar 1995)
  • Flat
    • The average price is around £146,290 median price is £133,000 Standard Deviation is £32,355 with Total Sold: 25
    • The Last 5 Year average price is £176,286 with Total Sold: 7
    • The most recent sale happened at this postcode is , 83A HARRISON DRIVE: £152,500 (Sold on 31 Mar 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 £214,000 median price is £214,000 Standard Deviation is £192,000 with Total Sold: 2
    • The Last 5 Year average price is £22,000 with Total Sold: 1
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£295,0002
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£168,5001
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£62,1323
1996£48,500 £632 1
1995£50,000 £521 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£537,000 £3,865 4
2023£635,000 £4,176 5
2022£574,500 £4,902 14
2021£563,333 £4,327 9
2020£511,250 £3,932 8
2019£465,250 £3,706 14
2018£430,222 £3,794 9
2017£441,167 £3,729 18
2016£446,875 £4,010 16
2015£351,329 £3,144 12
2014£347,630 £3,111 15
2013£294,500 £2,586 7
2012£316,818 £2,480 11
2011£303,100 £2,484 15
2010£288,222 £2,223 9
2009£280,000 £2,003 8
2008£324,818 £2,406 11
2007£327,647 £2,860 17
2006£289,307 £2,515 13
2005£306,200 £2,251 15
2004£290,499 £2,434 15
2003£260,499 £2,035 13
2002£221,924 £1,798 20
2001£185,456 £1,535 49
2000£167,379 £1,340 68
1999£125,588 £1,069 48
1998£102,311 £1,044 25
1997£100,582 £1,153 6
1996£93,000 £925 3
1995£108,500 £742 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£322,500 £5,577 2
2023£383,000 £4,724 5
2022£342,583 £5,058 6
2021£423,278 £3,859 9
2020£308,750 £4,602 4
2019£287,333 £4,339 6
2018£286,056 £4,249 9
2017£291,000 £3,641 11
2016£297,250 £3,919 4
2015£229,542 £2,822 12
2014£180,678 £2,300 7
2013£190,375 £2,627 8
2012£191,091 £2,437 11
2011£174,667 £2,527 3
2010£197,000 £2,418 5
2009£183,332 £2,548 3
2008£247,0002
2007£200,422 £2,859 13
2006£195,916 £2,987 12
2005£196,437 £2,138 8
2004£170,166 £2,334 9
2003£172,9983
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£77,808 £1,086 27
1997£67,803 £784 14
1996£55,124 £787 8
1995£54,500 £938 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£162,500 £3,790 2
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
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£22,000 £344 1
2017£406,000 £3,487 1

House Type in ME3 8SL area

The most common house types in the ME3 8SL postcode area are Detached (107), Semi-detached (22), and commercial building (2).

Total132
Detached107
Semi-detached22
commercial building2
Terraced1
Flat0
Shared house0
converted 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 (62), and Owned: Owns outright (59).

Owned: Owns with a mortgage or loan62
Owned: Owns outright59
Private rented: Private landlord or letting agency6
Private rented: Other private rented2
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the ME3 8SL have 2 people in household (49), and 4 people in household (23).

2 people in household49
4 people in household23
3 people in household22
1 person in household20
5 people in household11
6 people in household6
7 people in household1
0 people in household0
8 or more people in household0