Housing Market Analysis for DERWENT WAY, ME8 0BT

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £244,250 median price is £244,250 Standard Deviation is £19,250 with Total Sold: 2
    • The Last 5 Year average price is £244,250 with Total Sold: 2
    • The most recent sale happened at this postcode is 39 DERWENT WAY: £263,500 (Sold on 18 Dec 2020)
    • The first recorded sale happened at this postcode is 39 DERWENT WAY: £225,000 (Sold on 23 Sep 2019)
  • Semi-Detached
    • The average price is around £202,000 median price is £202,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £202,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 18 DERWENT WAY: £202,000 (Sold on 25 Jan 2019)
    • The first recorded sale happened at this postcode is 18 DERWENT WAY: £202,000 (Sold on 25 Jan 2019)

Sold Price Trend Over the Years:

Below table and chart gives the average ME8 0BT 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
2020£263,500 £3,933 1
2019£225,000 £3,358 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£202,000 £2,931 1

All the Sales in the DERWENT WAY, ME8 0BT

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

AddressSold DatePrice% Change
39 DERWENT WAYTerraced, FreeholdArea: 67 Sq.mtrAge: 1967-197518 Dec 2020£263,50017.11%
23 Sep 2019£225,000First Sale
18 DERWENT WAYSemi-Detached, FreeholdArea: 68.91 Sq.mtrAge: 1950-196625 Jan 2019£202,000First Sale

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

DERWENT WAY, ME8 0BT Near By properties

Interactive Map

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

  • Detached
    • The average price is around £289,166 median price is £280,000 Standard Deviation is £147,694 with Total Sold: 590
    • The Last 5 Year average price is £477,747 with Total Sold: 93
    • 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 , 1 BROADVIEW AVENUE: £84,000 (Sold on 18 May 1995)
  • Semi-Detached
    • The average price is around £197,733 median price is £182,000 Standard Deviation is £101,396 with Total Sold: 796
    • The Last 5 Year average price is £343,461 with Total Sold: 131
    • 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 £170,898 median price is £160,000 Standard Deviation is £89,237 with Total Sold: 347
    • The Last 5 Year average price is £290,540 with Total Sold: 62
    • 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 £193,037 median price is £202,500 Standard Deviation is £176,379 with Total Sold: 8
    • 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 , 17 BEDFORD AVENUE: £3,000 (Sold on 26 May 2017)
  • Flat
    • The average price is around £120,983 median price is £125,500 Standard Deviation is £47,237 with Total Sold: 24
    • 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£549,250 £4,247 12
2022£535,056 £4,820 9
2021£489,241 £4,503 29
2020£457,714 £3,749 14
2019£412,208 £3,908 24
2018£450,426 £3,754 19
2017£430,975 £3,784 20
2016£383,125 £3,321 8
2015£392,796 £3,077 27
2014£302,832 £2,644 20
2013£334,787 £2,561 40
2012£319,286 £2,504 35
2011£263,932 £2,455 22
2010£318,854 £2,651 12
2009£241,722 £2,239 9
2008£310,333 £2,645 9
2007£287,894 £2,279 19
2006£297,749 £2,337 22
2005£274,364 £2,424 11
2004£244,966 £2,418 15
2003£243,447 £1,856 19
2002£205,438 £1,672 24
2001£198,636 £1,498 22
2000£152,300 £1,247 25
1999£135,538 £1,110 25
1998£128,060 £1,089 24
1997£100,592 £853 27
1996£106,952 £852 31
1995£97,083 £685 12
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£366,6756
2023£383,000 £4,165 19
2022£381,446 £4,434 23
2021£354,602 £4,007 36
2020£301,842 £3,616 19
2019£294,375 £3,473 28
2018£293,666 £3,350 29
2017£302,304 £3,505 23
2016£280,000 £3,172 30
2015£256,087 £2,664 23
2014£229,615 £2,671 26
2013£196,000 £2,234 25
2012£178,479 £2,153 24
2011£183,086 £2,231 18
2010£184,427 £2,045 26
2009£166,447 £1,875 19
2008£198,676 £2,059 17
2007£207,636 £2,360 33
2006£190,926 £1,971 34
2005£188,484 £2,008 32
2004£179,658 £1,999 28
2003£172,219 £2,076 32
2002£140,723 £1,498 31
2001£113,952 £1,279 33
2000£106,028 £1,112 32
1999£91,429 £881 39
1998£82,347 £923 18
1997£73,852 £726 33
1996£65,710 £714 36
1995£65,652 £656 24
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£367,400 £3,786 5
2023£328,222 £3,651 9
2022£339,688 £4,130 8
2021£290,667 £3,715 15
2020£256,167 £3,498 12
2019£236,231 £3,008 13
2018£254,406 £3,223 16
2017£229,059 £2,961 17
2016£227,100 £3,883 10
2015£204,882 £2,702 14
2014£171,583 £2,154 18
2013£160,745 £2,111 12
2012£166,483 £2,087 6
2011£189,562 £1,869 8
2010£140,667 £2,263 6
2009£130,000 £1,659 7
2008£164,125 £2,133 4
2007£179,266 £2,207 15
2006£160,400 £2,195 20
2005£158,055 £1,891 9
2004£142,538 £1,779 13
2003£143,400 £1,874 10
2002£120,874 £1,271 16
2001£95,708 £1,100 18
2000£77,877 £881 11
1999£78,428 £1,109 7
1998£59,492 £702 8
1997£56,338 £694 17
1996£47,294 £652 10
1995£51,192 £546 13
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
2018£5,798 £52 1
2017£151,500 £3,448 2
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
2004£92,400 £1,743 1
1999£49,700 £920 1
1998£68,750 £904 2
1997£28,750 £509 2

House Type in ME8 0BT area

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