Housing Market Analysis for DERWENT WAY, ME8 0BN

Are you looking to understand ME8 0BN 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 ME8 0BN area, explore the ME8 0BN Area information page.
For comprehensive crime statistics in the ME8 0BN area, explore the ME8 0BN Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME8 0BN postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £156,548 median price is £145,998 Standard Deviation is £79,100 with Total Sold: 10
    • The Last 5 Year average price is £273,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 77 DERWENT WAY: £300,000 (Sold on 21 Jun 2023)
    • The first recorded sale happened at this postcode is 77 DERWENT WAY: £52,500 (Sold on 11 Apr 1997)
  • Semi-Detached
    • The average price is around £129,590 median price is £122,500 Standard Deviation is £48,419 with Total Sold: 5
    • The most recent sale happened at this postcode is 20 DERWENT WAY: £210,000 (Sold on 16 Oct 2018)
    • The first recorded sale happened at this postcode is 20 DERWENT WAY: £64,950 (Sold on 16 Oct 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average ME8 0BN 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£300,000 £4,615 1
2019£247,000 £3,088 1
2017£220,000 £2,750 1
2015£189,000 £2,908 1
2007£146,995 £2,261 1
2006£145,000 £2,231 1
2004£135,0001
2001£79,995 £1,231 1
1998£49,9951
1997£52,500 £808 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£210,000 £2,937 1
2010£135,000 £1,941 2
2003£103,000 £1,441 1
2000£64,950 £908 1

All the Sales in the DERWENT WAY, ME8 0BN

See the table below for more details on the sold house prices in the ME8 0BN, Medway postcode.

AddressSold DatePrice% Change
77 DERWENT WAYTerraced, FreeholdArea: 65 Sq.mtrAge: 1967-197521 Jun 2023£300,00058.73%
02 Dec 2015£189,00028.58%
05 Sep 2007£146,9951.38%
27 Jul 2006£145,00081.26%
25 May 2001£79,99552.37%
11 Apr 1997£52,500First Sale
85 DERWENT WAYTerraced, FreeholdArea: 80 Sq.mtrAge: 1950-196601 Feb 2019£247,00012.27%
06 Mar 2017£220,000First Sale
20 DERWENT WAYSemi-Detached, FreeholdArea: 71.5 Sq.mtrAge: 1950-196616 Oct 2018£210,00071.43%
27 Sep 2010£122,50018.93%
27 Feb 2003£103,00058.58%
16 Oct 2000£64,950First Sale
79 DERWENT WAYSemi-Detached, FreeholdArea: 68 Sq.mtrAge: 1967-197515 Oct 2010£147,500First Sale
81 DERWENT WAYTerraced, Freehold04 Aug 2004£135,000170.03%
17 Jul 1998£49,995First Sale

Check out the sold house prices near the ME8 0BN postcode. Properties currently for saleProperties currently for rent

DERWENT WAY, ME8 0BN Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME8 0BN 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 ME8 0BN postcode.

  • Detached
    • The average price is around £284,945 median price is £279,995 Standard Deviation is £141,525 with Total Sold: 529
    • The Last 5 Year average price is £471,597 with Total Sold: 88
    • The most recent sale happened at this postcode is , 28 CRANFORD CLOSE: £520,000 (Sold on 16 Sep 2024)
    • The first recorded sale happened at this postcode is , 4 THAMES AVENUE: £67,000 (Sold on 24 Apr 1995)
  • Semi-Detached
    • The average price is around £196,659 median price is £182,000 Standard Deviation is £102,164 with Total Sold: 785
    • The Last 5 Year average price is £347,411 with Total Sold: 124
    • The most recent sale happened at this postcode is , 59 ARTHUR ROAD: £425,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 40 ROBERTS ROAD: £66,575 (Sold on 23 Jan 1995)
  • Terraced
    • The average price is around £165,873 median price is £156,250 Standard Deviation is £85,781 with Total Sold: 294
    • The Last 5 Year average price is £288,458 with Total Sold: 48
    • The most recent sale happened at this postcode is , 29 ROBERTS ROAD: £265,000 (Sold on 26 Apr 2024)
    • The first recorded sale happened at this postcode is , 39 ROBERTS ROAD: £30,000 (Sold on 27 Jan 1995)
  • Other
    • The average price is around £255,916 median price is £305,000 Standard Deviation is £160,199 with Total Sold: 6
    • The Last 5 Year average price is £247,099 with Total Sold: 5
    • The most recent sale happened at this postcode is , 101 MAIDSTONE ROAD: £310,000 (Sold on 14 Nov 2023)
    • The first recorded sale happened at this postcode is , 32 ROBERTS ROAD: £300,000 (Sold on 09 Jun 2017)
  • Flat
    • The average price is around £125,523 median price is £130,500 Standard Deviation is £46,319 with Total Sold: 22
    • The Last 5 Year average price is £165,429 with Total Sold: 7
    • The most recent sale happened at this postcode is , 2B NORREYS ROAD: £187,500 (Sold on 27 Jun 2023)
    • The first recorded sale happened at this postcode is 1, CHARLECOTE COURT DERWENT WAY: £12,500 (Sold on 31 Jan 1997)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£507,0005
2023£542,364 £4,303 11
2022£535,056 £4,820 9
2021£484,538 £4,214 26
2020£450,533 £3,795 15
2019£401,273 £3,821 22
2018£447,535 £3,709 17
2017£374,139 £3,364 18
2016£383,125 £3,321 8
2015£371,528 £3,025 18
2014£293,771 £2,681 19
2013£332,145 £2,541 38
2012£319,286 £2,504 35
2011£258,925 £2,357 20
2010£307,900 £2,601 10
2009£241,722 £2,239 9
2008£295,500 £2,645 7
2007£286,111 £2,279 18
2006£290,349 £2,337 20
2005£273,000 £2,434 8
2004£255,178 £2,418 14
2003£236,353 £1,856 17
2002£207,048 £1,628 21
2001£177,868 £1,545 19
2000£148,404 £1,297 21
1999£136,172 £1,110 23
1998£125,116 £1,089 21
1997£100,423 £839 26
1996£101,708 £869 24
1995£87,400 £648 10
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£345,8426
2023£391,294 £4,212 17
2022£388,250 £4,506 21
2021£356,447 £4,021 35
2020£317,676 £3,708 17
2019£297,232 £3,603 28
2018£302,965 £3,442 26
2017£300,615 £3,583 26
2016£283,448 £3,209 29
2015£255,932 £2,730 22
2014£234,615 £2,729 26
2013£196,038 £2,343 26
2012£180,940 £2,192 25
2011£187,766 £2,316 19
2010£191,542 £2,099 26
2009£168,825 £1,930 20
2008£182,792 £2,057 12
2007£209,854 £2,383 31
2006£191,409 £1,971 33
2005£185,928 £2,061 28
2004£178,135 £2,083 29
2003£170,437 £2,073 32
2002£141,223 £1,521 31
2001£115,611 £1,294 31
2000£103,480 £1,112 31
1999£91,222 £882 37
1998£91,943 £907 22
1997£72,989 £719 35
1996£64,282 £745 38
1995£65,525 £656 26
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£367,400 £3,786 5
2023£311,600 £4,019 5
2022£332,083 £4,280 6
2021£277,273 £3,944 11
2020£274,500 £3,560 10
2019£242,136 £3,060 11
2018£253,423 £3,232 13
2017£232,750 £3,148 12
2016£223,250 £4,071 8
2015£203,719 £2,739 13
2014£174,679 £2,146 14
2013£165,495 £2,111 11
2012£167,625 £2,128 4
2011£194,142 £1,837 7
2010£161,125 £2,714 4
2009£132,900 £1,670 5
2008£164,125 £2,133 4
2007£173,708 £2,274 12
2006£157,633 £2,319 15
2005£152,499 £1,788 9
2004£140,423 £1,861 13
2003£143,400 £1,874 10
2002£119,249 £1,339 14
2001£95,708 £1,100 18
2000£77,877 £881 11
1999£78,428 £1,109 7
1998£55,777 £681 7
1997£57,162 £693 17
1996£47,306 £643 8
1995£51,850 £496 10
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£207,500 £3,370 2
2022£326,000 £3,976 1
2021£493,4961
2020£1,0001
2017£300,000 £3,448 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£165,833 £3,243 3
2022£189,500 £3,212 1
2021£165,000 £2,391 1
2020£161,000 £6,316 1
2019£145,000 £2,588 1
2017£185,000 £3,491 1
2016£160,000 £2,712 1
2010£100,0001
2008£135,000 £5,296 1
2007£137,000 £2,404 1
2006£123,750 £2,273 2
2005£111,000 £2,928 4
1998£68,750 £904 2
1997£28,750 £509 2

House Type in ME8 0BN area

The most common house types in the ME8 0BN postcode area are Flat (83), Semi-detached (22), and Terraced (11).

Total117
Flat83
Semi-detached22
Terraced11
Detached1
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (77), and Owned: Owns with a mortgage or loan (14).

Social rented: Rents from council or Local Authority77
Owned: Owns with a mortgage or loan14
Social rented: Other social rented8
Private rented: Private landlord or letting agency8
Owned: Owns outright5
Private rented: Other private rented4
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the ME8 0BN have 1 person in household (39), and 4 people in household (23).

1 person in household39
4 people in household23
3 people in household17
2 people in household15
5 people in household15
6 people in household2
7 people in household1
0 people in household0
8 or more people in household0