Housing Market Analysis for CHERITON ROAD, ME8 0ET

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £168,640 median price is £175,000 Standard Deviation is £80,529 with Total Sold: 25
- The Last 5 Year average price is £367,500 with Total Sold: 2
- The most recent sale happened at this postcode is 54 CHERITON ROAD: £450,000 (Sold on 24 Jun 2022)
- The first recorded sale happened at this postcode is 43 CHERITON ROAD: £47,500 (Sold on 24 Jan 1996)
Detached
- The average price is around £150,000 median price is £150,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 72 CHERITON ROAD: £150,000 (Sold on 24 Jun 2009)
- The first recorded sale happened at this postcode is 72 CHERITON ROAD: £150,000 (Sold on 24 Jun 2009)
Terraced
- The average price is around £103,498 median price is £103,498 Standard Deviation is £51,498 with Total Sold: 2
- The most recent sale happened at this postcode is 58 CHERITON ROAD: £154,995 (Sold on 18 Jun 2004)
- The first recorded sale happened at this postcode is 58 CHERITON ROAD: £52,000 (Sold on 17 Aug 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average ME8 0ET 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£450,000	£5,488	1
2019	£285,000	£3,314	1
2018	£240,000	£2,963	1
2017	£197,500	£2,844	2
2015	£197,167	£2,327	3
2014	£175,000	£2,397	1
2013	£162,000	£2,128	3
2009	£169,000	£1,965	1
2008	£185,000		1
2007	£182,500		1
2006	£174,995	£2,108	1
2005	£141,000	£1,932	1
2004	£158,000		1
2002	£126,250	£1,602	2
2001	£80,000	£964	1
1999	£74,998	£964	2
1997	£53,000		1
1996	£47,500	£633	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2009	£150,000	£1,303	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2004	£154,995	£1,582	1
2001	£52,000	£531	1

All the Sales in the CHERITON ROAD, ME8 0ET

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

Address	Sold Date	Price	% Change
54 CHERITON ROADSemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1950-1966	24 Jun 2022	£450,000	First Sale
41 CHERITON ROADSemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1930-1949	24 Oct 2019	£285,000	68.64%
	06 Mar 2009	£169,000	First Sale
64 CHERITON ROADSemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1950-1966	04 Jan 2018	£240,000	First Sale
78 CHERITON ROADSemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1950-1966	08 Dec 2017	£200,000	53.85%
	01 Nov 2013	£130,000	First Sale
74 CHERITON ROADSemi-Detached, FreeholdArea: 67 Sq.mtrAge: 1950-1966	13 Feb 2017	£195,000	First Sale
49 CHERITON ROADSemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1930-1949	27 Jul 2015	£195,000	First Sale
39 CHERITON ROADSemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1930-1949	01 Jun 2015	£200,000	First Sale
47 CHERITON ROADSemi-Detached, Freehold	27 Mar 2015	£196,500	First Sale
53 CHERITON ROADSemi-Detached, FreeholdArea: 73 Sq.mtrAge: 1950-1966	30 Jun 2014	£175,000	24.11%
	06 May 2005	£141,000	First Sale
66 CHERITON ROADSemi-Detached, FreeholdArea: 73 Sq.mtrAge: 1950-1966	20 Dec 2013	£175,000	First Sale
52 CHERITON ROADSemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1950-1966	05 Sep 2013	£181,000	3.43%
	30 Jan 2006	£174,995	118.74%
	20 Jul 2001	£80,000	First Sale
72 CHERITON ROADDetached, FreeholdArea: 115.13 Sq.mtrAge: 1950-1966	24 Jun 2009	£150,000	First Sale
48 CHERITON ROADSemi-Detached, Freehold	16 May 2008	£185,000	First Sale
68 CHERITON ROADSemi-Detached, Freehold	03 Dec 2007	£182,500	First Sale
51 CHERITON ROADSemi-Detached, Freehold	03 Aug 2004	£158,000	125.71%
	28 Jun 1999	£70,000	32.08%
	24 Oct 1997	£53,000	First Sale
58 CHERITON ROADTerraced, FreeholdArea: 98 Sq.mtrAge: 1930-1949	18 Jun 2004	£154,995	198.07%
	17 Aug 2001	£52,000	First Sale
43 CHERITON ROADSemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1967-1975	04 Nov 2002	£125,000	163.16%
	24 Jan 1996	£47,500	First Sale
50 CHERITON ROADSemi-Detached, FreeholdArea: 82.96 Sq.mtrAge: 1950-1966	19 Feb 2002	£127,500	First Sale
56 CHERITON ROADSemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1950-1966	25 Oct 1999	£79,995	First Sale

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

CHERITON ROAD, ME8 0ET Near By properties

Interactive Map

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

Detached
- The average price is around £278,438 median price is £250,000 Standard Deviation is £141,296 with Total Sold: 413
- The Last 5 Year average price is £462,811 with Total Sold: 74
- 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 £195,571 median price is £181,500 Standard Deviation is £101,532 with Total Sold: 1,059
- The Last 5 Year average price is £345,620 with Total Sold: 169
- 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 , 50 WINDERMERE DRIVE: £61,750 (Sold on 12 Jan 1995)
Terraced
- The average price is around £174,411 median price is £167,000 Standard Deviation is £88,003 with Total Sold: 401
- The Last 5 Year average price is £298,815 with Total Sold: 65
- The most recent sale happened at this postcode is , 51 KENILWORTH GARDENS: £307,500 (Sold on 14 Jun 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£503,750		4
2023	£515,100	£4,219	10
2022	£522,583	£4,883	6
2021	£478,800	£4,246	25
2020	£441,333	£3,846	12
2019	£392,974	£3,844	17
2018	£440,833	£3,879	12
2017	£359,000	£3,339	15
2016	£389,750	£3,231	8
2015	£365,633	£2,983	15
2014	£269,588	£2,611	13
2013	£295,611	£2,603	18
2012	£295,278	£2,483	18
2011	£258,738	£2,362	21
2010	£296,778	£2,486	9
2009	£286,012	£2,942	8
2008	£280,938	£2,561	8
2007	£286,875	£2,239	12
2006	£288,166	£2,325	18
2005	£263,500	£2,434	8
2004	£241,708	£2,542	12
2003	£225,079	£1,801	19
2002	£201,219	£1,687	16
2001	£173,029	£1,528	17
2000	£142,055	£1,330	18
1999	£135,882	£1,093	13
1998	£113,969	£1,096	18
1997	£101,605	£883	19
1996	£99,714	£832	18
1995	£85,500	£648	6

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£350,005	£4,194	11
2023	£373,783	£4,437	23
2022	£388,616	£4,659	28
2021	£357,802	£4,217	46
2020	£319,062	£3,951	24
2019	£296,351	£3,775	37
2018	£311,777	£3,409	31
2017	£303,750	£3,719	34
2016	£279,716	£3,243	44
2015	£256,414	£2,861	29
2014	£232,032	£2,703	31
2013	£198,267	£2,254	30
2012	£183,450	£2,438	38
2011	£183,535	£2,405	30
2010	£190,177	£2,185	26
2009	£164,956	£2,066	23
2008	£190,028	£2,239	18
2007	£208,434	£2,315	39
2006	£190,166	£2,049	48
2005	£186,337	£2,045	37
2004	£184,321	£2,107	34
2003	£162,489	£2,090	49
2002	£139,995	£1,616	50
2001	£115,363	£1,317	49
2000	£104,659	£1,156	43
1999	£91,903	£983	52
1998	£80,043	£1,046	29
1997	£73,262	£774	50
1996	£62,988	£797	38
1995	£65,695	£731	38

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£357,417	£3,786	6
2023	£335,500	£4,115	6
2022	£349,500	£4,316	9
2021	£294,562	£3,926	16
2020	£277,571	£3,495	14
2019	£251,500	£3,201	14
2018	£251,500	£3,231	19
2017	£252,029	£3,321	17
2016	£238,107	£3,629	14
2015	£209,785	£2,777	17
2014	£181,574	£2,266	19
2013	£173,296	£2,162	15
2012	£173,167	£2,110	9
2011	£189,499	£1,865	8
2010	£163,812	£2,223	8
2009	£136,250	£1,682	6
2008	£170,625	£2,264	8
2007	£174,261	£2,287	21
2006	£170,143	£2,303	21
2005	£152,318	£1,797	11
2004	£145,566	£1,922	15
2003	£144,318	£1,874	11
2002	£117,673	£1,375	23
2001	£95,662	£1,100	20
2000	£80,076	£959	15
1999	£78,110	£884	9
1998	£59,344	£718	10
1997	£56,875	£719	18
1996	£48,744	£643	10
1995	£52,400	£554	12

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£207,500	£3,370	2
2022	£326,000	£3,976	1
2021	£493,496		1
2020	£1,000		1
2017	£300,000	£3,448	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
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	£100,000		1
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 0ET area

The most common house types in the ME8 0ET postcode area are Semi-detached (107), Terraced (6), and Detached (1).

Total	114
Semi-detached	107
Terraced	6
Detached	1
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (51), and Owned: Owns outright (48).

Owned: Owns with a mortgage or loan	51
Owned: Owns outright	48
Private rented: Private landlord or letting agency	8
Private rented: Other private rented	3
Social rented: Other social rented	2
Social rented: Rents from council or Local Authority	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the ME8 0ET have 2 people in household (42), and 4 people in household (27).

2 people in household	42
4 people in household	27
3 people in household	20
1 person in household	19
5 people in household	6
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0