Housing Market Analysis for WILLOWBANK DRIVE, ME3 8TW

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

Overview of Sold House prices

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

Terraced
- The average price is around £333,750 median price is £382,500 Standard Deviation is £117,086 with Total Sold: 4
- The Last 5 Year average price is £423,500 with Total Sold: 2
- The most recent sale happened at this postcode is 10 WILLOWBANK DRIVE: £415,000 (Sold on 30 Nov 2023)
- The first recorded sale happened at this postcode is 20 WILLOWBANK DRIVE: £138,000 (Sold on 30 Nov 2000)
Detached
- The average price is around £256,217 median price is £247,500 Standard Deviation is £141,155 with Total Sold: 23
- The Last 5 Year average price is £536,667 with Total Sold: 3
- The most recent sale happened at this postcode is 12 WILLOWBANK DRIVE: £570,000 (Sold on 28 Feb 2023)
- The first recorded sale happened at this postcode is 30 WILLOWBANK DRIVE: £69,000 (Sold on 07 Jun 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average ME3 8TW 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	£423,500	£4,323	2
2018	£350,000		1
2000	£138,000	£1,500	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£570,000	£3,878	1
2022	£625,000	£4,340	1
2021	£415,000	£3,822	1
2017	£370,000	£4,022	1
2015	£307,500	£3,278	2
2014	£380,000	£2,639	1
2011	£247,500	£2,359	1
2010	£250,000	£2,237	1
2009	£250,000	£1,736	1
2008	£270,000	£2,573	1
2006	£245,000		1
2004	£234,332	£2,431	3
2003	£205,000		1
2000	£131,500	£1,232	2
1999	£117,250	£1,303	2
1997	£90,500	£806	2
1996	£69,000	£658	1

All the Sales in the WILLOWBANK DRIVE, ME3 8TW

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

Address	Sold Date	Price	% Change
10 WILLOWBANK DRIVETerraced, FreeholdArea: 96 Sq.mtrAge: 1967-1975	30 Nov 2023	£415,000	First Sale
MAYBRO, 20 WILLOWBANK DRIVETerraced, Freehold	22 Mar 2023	£432,000	23.43%
MAYBRO, 20 WILLOWBANK DRIVETerraced, Freehold	30 Nov 2018	£350,000	First Sale
12 WILLOWBANK DRIVEDetached, FreeholdArea: 147 Sq.mtrAge: 1967-1975	28 Feb 2023	£570,000	First Sale
13 WILLOWBANK DRIVEDetached, FreeholdArea: 144 Sq.mtrAge: 1967-1975	31 Jan 2022	£625,000	64.47%
	27 Nov 2014	£380,000	52.00%
	16 Dec 2009	£250,000	190.70%
	24 Jun 1997	£86,000	First Sale
7 WILLOWBANK DRIVEDetached, FreeholdArea: 108.58 Sq.mtrAge: 1976-1982	30 Jun 2021	£415,000	214.39%
	12 May 2000	£132,000	First Sale
26 WILLOWBANK DRIVEDetached, FreeholdArea: 92 Sq.mtrAge: 1967-1975	21 Jul 2017	£370,000	First Sale
15 WILLOWBANK DRIVEDetached, FreeholdArea: 93.64 Sq.mtrAge: 1967-1975	25 Jun 2015	£320,000	236.84%
	21 Apr 1997	£95,000	First Sale
18 WILLOWBANK DRIVEDetached, FreeholdArea: 94 Sq.mtrAge: 1967-1975	12 Mar 2015	£295,000	26.07%
	30 Nov 2004	£234,000	91.02%
	28 Oct 1999	£122,500	First Sale
30 WILLOWBANK DRIVEDetached, FreeholdArea: 104.93 Sq.mtrAge: 1967-1975	30 Sep 2011	£247,500	-8.33%
	10 Apr 2008	£270,000	8.44%
	17 Dec 2004	£248,995	90.07%
	19 Apr 2000	£131,000	89.86%
	07 Jun 1996	£69,000	First Sale
14 WILLOWBANK DRIVEDetached, FreeholdArea: 111.74 Sq.mtrAge: 1983-1990	14 Jun 2010	£250,000	First Sale
11 WILLOWBANK DRIVEDetached, Freehold	10 Mar 2006	£245,000	11.36%
11 WILLOWBANK DRIVEDetached, Freehold	22 Oct 2004	£220,000	First Sale
16 WILLOWBANK DRIVEDetached, Freehold	06 Jun 2003	£205,000	First Sale
20 WILLOWBANK DRIVETerraced, FreeholdArea: 92 Sq.mtrAge: 1983-1990	30 Nov 2000	£138,000	First Sale
32 WILLOWBANK DRIVEDetached, Freehold	02 Jul 1999	£112,000	First Sale

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

WILLOWBANK DRIVE, ME3 8TW Near By properties

Interactive Map

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

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