Housing Market Analysis for DERWENT WAY, ME8 0BX

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £135,000 median price is £135,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £135,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 13 DERWENT WAY: £135,000 (Sold on 06 Feb 2023)
    • The first recorded sale happened at this postcode is 13 DERWENT WAY: £135,000 (Sold on 06 Feb 2023)
  • Terraced
    • The average price is around £256,500 median price is £250,000 Standard Deviation is £27,937 with Total Sold: 3
    • The Last 5 Year average price is £271,750 with Total Sold: 2
    • The most recent sale happened at this postcode is 1 DERWENT WAY: £293,500 (Sold on 04 Nov 2022)
    • The first recorded sale happened at this postcode is 3 DERWENT WAY: £226,000 (Sold on 03 May 2017)
  • Semi-Detached
    • The average price is around £178,333 median price is £190,000 Standard Deviation is £35,668 with Total Sold: 3
    • The Last 5 Year average price is £190,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 12 DERWENT WAY: £190,000 (Sold on 18 Oct 2019)
    • The first recorded sale happened at this postcode is 9 DERWENT WAY: £130,000 (Sold on 17 Feb 2006)
  • Detached
    • The average price is around £124,150 median price is £124,150 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is SCHOOL HOUSE DERWENT WAY: £124,150 (Sold on 13 Jan 2014)
    • The first recorded sale happened at this postcode is SCHOOL HOUSE DERWENT WAY: £124,150 (Sold on 13 Jan 2014)

Sold Price Trend Over the Years:

Below table and chart gives the average ME8 0BX 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
2023£135,000 £3,140 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£293,500 £3,913 1
2020£250,000 £2,688 1
2017£226,000 £3,013 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£190,000 £2,676 1
2018£215,000 £3,206 1
2006£130,000 £1,939 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£124,150 £1,592 1

All the Sales in the DERWENT WAY, ME8 0BX

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

AddressSold DatePrice% Change
13 DERWENT WAYFlat, LeaseholdArea: 43 Sq.mtrAge: 1950-196606 Feb 2023£135,000First Sale
1 DERWENT WAYTerraced, FreeholdArea: 75 Sq.mtrAge: 1950-196604 Nov 2022£293,500First Sale
10 DERWENT WAYTerraced, FreeholdArea: 93 Sq.mtrAge: 1950-196626 Mar 2020£250,000First Sale
12 DERWENT WAYSemi-Detached, FreeholdArea: 71 Sq.mtrAge: 1950-196618 Oct 2019£190,000First Sale
9 DERWENT WAYSemi-Detached, FreeholdArea: 67.06 Sq.mtrAge: 1950-196618 Jun 2018£215,00065.38%
17 Feb 2006£130,000First Sale
3 DERWENT WAYTerraced, FreeholdArea: 75 Sq.mtrAge: 1950-196603 May 2017£226,000First Sale
SCHOOL HOUSE DERWENT WAYDetached, FreeholdArea: 78 Sq.mtrAge: 1967-197513 Jan 2014£124,150First Sale

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

DERWENT WAY, ME8 0BX Near By properties

Interactive Map

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

  • Detached
    • The average price is around £292,071 median price is £280,000 Standard Deviation is £154,624 with Total Sold: 605
    • The Last 5 Year average price is £495,682 with Total Sold: 96
    • 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 £197,605 median price is £181,750 Standard Deviation is £101,654 with Total Sold: 760
    • The Last 5 Year average price is £345,216 with Total Sold: 129
    • 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)
  • Flat
    • The average price is around £107,229 median price is £100,000 Standard Deviation is £46,704 with Total Sold: 105
    • The Last 5 Year average price is £149,760 with Total Sold: 25
    • The most recent sale happened at this postcode is 10, GUARDIAN COURT LONDON ROAD: £133,000 (Sold on 14 Jun 2024)
    • The first recorded sale happened at this postcode is 16, GUARDIAN COURT LONDON ROAD: £32,000 (Sold on 23 Mar 1995)
  • Terraced
    • The average price is around £170,150 median price is £158,500 Standard Deviation is £90,248 with Total Sold: 323
    • The Last 5 Year average price is £288,034 with Total Sold: 58
    • 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 £239,716 median price is £305,000 Standard Deviation is £178,501 with Total Sold: 6
    • The Last 5 Year average price is £376,499 with Total Sold: 3
    • 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)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£572,5005
2023£605,567 £4,238 15
2022£535,056 £4,820 9
2021£482,817 £4,443 30
2020£495,885 £3,496 13
2019£412,208 £3,908 24
2018£460,172 £3,777 18
2017£430,975 £3,784 20
2016£381,583 £2,896 6
2015£397,056 £3,103 27
2014£307,971 £2,651 21
2013£334,787 £2,561 40
2012£320,000 £2,468 37
2011£260,700 £2,453 20
2010£322,788 £2,633 13
2009£243,188 £2,239 8
2008£332,100 £2,645 10
2007£297,524 £2,469 20
2006£300,630 £2,337 23
2005£262,818 £2,609 11
2004£247,966 £2,372 15
2003£245,289 £1,856 19
2002£209,596 £1,664 26
2001£197,291 £1,463 24
2000£154,166 £1,273 27
1999£133,038 £1,040 25
1998£132,091 £1,088 27
1997£101,469 £836 29
1996£107,500 £850 31
1995£98,250 £698 12
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£373,143 £3,759 7
2023£383,000 £4,165 19
2022£383,920 £4,465 22
2021£354,072 £3,950 37
2020£304,833 £3,583 18
2019£292,692 £3,434 26
2018£289,843 £3,383 30
2017£309,708 £3,487 24
2016£256,980 £3,080 25
2015£248,217 £2,740 23
2014£215,833 £2,679 24
2013£196,042 £2,217 24
2012£176,022 £2,122 23
2011£172,837 £2,201 15
2010£182,775 £2,059 24
2009£160,658 £1,788 19
2008£202,281 £2,068 16
2007£203,068 £2,289 29
2006£188,718 £2,002 32
2005£185,897 £1,980 34
2004£179,228 £1,913 26
2003£174,064 £1,662 31
2002£143,733 £1,504 34
2001£112,313 £1,306 32
2000£105,341 £1,101 29
1999£90,573 £882 37
1998£81,458 £923 18
1997£71,096 £696 32
1996£65,443 £713 30
1995£64,358 £630 20
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£154,8333
2023£147,750 £3,445 7
2022£167,125 £3,375 4
2021£165,625 £2,846 4
2020£136,300 £2,811 5
2019£116,3752
2018£119,000 £2,088 2
2017£167,500 £3,232 4
2016£134,250 £2,757 4
2015£96,833 £1,750 3
2014£117,225 £3,205 5
2012£101,758 £2,469 6
2011£78,7502
2010£97,750 £2,029 6
2009£80,5001
2008£110,2502
2007£132,908 £2,654 13
2006£85,8333
2005£81,6673
2004£88,200 £1,635 2
2003£70,374 £1,323 4
2001£50,890 £1,016 5
2000£42,2333
1999£37,567 £920 3
1998£47,660 £904 5
1997£28,750 £509 2
1996£28,0001
1995£32,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£375,000 £3,339 4
2023£327,000 £3,662 8
2022£339,688 £4,130 8
2021£286,429 £3,647 14
2020£256,167 £3,498 12
2019£232,375 £3,011 12
2018£256,200 £3,208 15
2017£231,875 £2,961 16
2016£223,875 £4,101 8
2015£206,412 £2,739 13
2014£172,971 £2,175 17
2013£160,722 £2,114 11
2012£158,280 £1,963 5
2011£175,937 £1,803 8
2010£140,667 £2,263 6
2009£130,000 £1,659 7
2008£160,500 £2,082 3
2007£189,966 £2,203 15
2006£160,472 £2,209 18
2005£151,749 £1,891 8
2004£144,833 £1,735 12
2003£145,812 £1,902 8
2002£120,874 £1,271 16
2001£93,258 £1,099 18
2000£80,016 £859 9
1999£78,428 £1,109 7
1998£59,492 £702 8
1997£53,517 £666 15
1996£47,294 £652 10
1995£49,375 £546 12
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£310,000 £3,370 1
2022£326,000 £3,976 1
2021£493,4961
2018£5,798 £52 1
2017£151,500 £3,448 2

House Type in ME8 0BX area

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