Housing Market Analysis for DERWENT WAY, ME8 0BS

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £88,750 median price is £88,750 Standard Deviation is £76,250 with Total Sold: 2
    • The Last 5 Year average price is £165,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 5, CHARLECOTE COURT DERWENT WAY: £165,000 (Sold on 24 Sep 2021)
    • 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:

Below table and chart gives the average ME8 0BS 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£165,000 £2,391 1
1997£12,500 £192 1

All the Sales in the DERWENT WAY, ME8 0BS

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

AddressSold DatePrice% Change
5, CHARLECOTE COURT DERWENT WAYFlat, LeaseholdArea: 69 Sq.mtrAge: 1950-196624 Sep 2021£165,000First Sale
1, CHARLECOTE COURT DERWENT WAYFlat, LeaseholdArea: 65 Sq.mtrAge: 1967-197531 Jan 1997£12,500First Sale

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

DERWENT WAY, ME8 0BS Near By properties

Interactive Map

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

  • Detached
    • The average price is around £281,799 median price is £265,000 Standard Deviation is £149,117 with Total Sold: 571
    • The Last 5 Year average price is £477,983 with Total Sold: 89
    • The most recent sale happened at this postcode is , 50 HERBERT ROAD: £485,000 (Sold on 27 Aug 2024)
    • The first recorded sale happened at this postcode is , 1 BROADVIEW AVENUE: £84,000 (Sold on 18 May 1995)
  • Semi-Detached
    • The average price is around £199,040 median price is £182,500 Standard Deviation is £103,644 with Total Sold: 798
    • The Last 5 Year average price is £351,046 with Total Sold: 130
    • The most recent sale happened at this postcode is , 17 SANDOWN DRIVE: £350,000 (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 £168,918 median price is £159,998 Standard Deviation is £87,333 with Total Sold: 300
    • The Last 5 Year average price is £290,660 with Total Sold: 50
    • 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£503,7504
2023£570,462 £4,238 13
2022£525,688 £4,908 8
2021£485,000 £4,593 29
2020£454,077 £3,770 13
2019£406,182 £3,909 22
2018£446,471 £3,969 17
2017£431,184 £3,801 19
2016£382,000 £3,187 9
2015£392,500 £3,059 27
2014£305,336 £2,671 22
2013£311,864 £2,620 22
2012£297,050 £2,541 20
2011£266,119 £2,469 21
2010£318,883 £2,448 15
2009£268,509 £2,746 11
2008£310,333 £2,645 9
2007£288,250 £2,279 20
2006£297,630 £2,337 23
2005£255,615 £2,424 13
2004£245,617 £2,372 17
2003£241,547 £1,856 21
2002£209,596 £1,664 26
2001£198,500 £1,434 22
2000£153,055 £1,253 27
1999£134,378 £1,044 25
1998£126,278 £1,089 25
1997£100,592 £853 27
1996£105,708 £819 33
1995£96,364 £685 11
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£373,7568
2023£391,294 £4,212 17
2022£392,420 £4,518 22
2021£355,199 £4,022 36
2020£325,921 £3,721 19
2019£299,321 £3,569 28
2018£300,484 £3,452 25
2017£309,708 £3,487 24
2016£284,117 £3,202 30
2015£261,614 £2,765 22
2014£232,400 £2,708 25
2013£196,000 £2,234 25
2012£181,891 £2,167 23
2011£184,091 £2,253 17
2010£189,254 £2,090 24
2009£167,583 £1,918 18
2008£205,167 £2,144 15
2007£209,854 £2,383 31
2006£194,185 £1,993 35
2005£194,900 £2,061 30
2004£183,447 £2,102 30
2003£175,470 £2,069 34
2002£144,843 £1,536 36
2001£116,501 £1,332 35
2000£104,791 £1,075 34
1999£91,066 £870 41
1998£83,426 £923 17
1997£73,642 £727 36
1996£66,071 £714 36
1995£66,386 £656 25
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£367,400 £3,786 5
2023£311,600 £4,019 5
2022£336,357 £4,367 7
2021£281,250 £3,981 12
2020£274,500 £3,560 10
2019£242,136 £3,060 11
2018£253,423 £3,232 13
2017£241,462 £3,223 13
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£174,100 £2,155 5
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£186,115 £2,274 13
2006£164,853 £2,324 17
2005£150,937 £1,788 8
2004£144,230 £1,773 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£79,624 £1,109 8
1998£55,777 £681 7
1997£56,359 £693 16
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 0BS area

The most common house types in the ME8 0BS 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 0BS 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