Housing Market Analysis for BAILEY DRIVE, ME8 0PZ

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

Overview of Sold House prices

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

  • Other
    • The average price is around £2,181,667 median price is £2,250,000 Standard Deviation is £348,337 with Total Sold: 3
    • The Last 5 Year average price is £2,410,000 with Total Sold: 2
    • The most recent sale happened at this postcode is LLOYDS TSB BANK PLC BAILEY DRIVE: £2,250,000 (Sold on 12 May 2023)
    • The first recorded sale happened at this postcode is J C B MEDWAY LTD BAILEY DRIVE: £2,570,000 (Sold on 20 Dec 2022)

Sold Price Trend Over the Years:

Below table and chart gives the average ME8 0PZ 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£2,250,0001
2018£1,725,0001
2022£2,570,0001

All the Sales in the BAILEY DRIVE, ME8 0PZ

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

AddressSold DatePrice% Change
LLOYDS TSB BANK PLC BAILEY DRIVEOther, Leasehold12 May 2023£2,250,000First Sale
CHAMBROS HOUSE BAILEY DRIVEOther, Leasehold06 Jul 2018£1,725,000First Sale
J C B MEDWAY LTD BAILEY DRIVEOther, Leasehold20 Dec 2022£2,570,000First Sale

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

BAILEY DRIVE, ME8 0PZ Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £161,488 median price is £147,000 Standard Deviation is £84,307 with Total Sold: 254
    • The Last 5 Year average price is £285,125 with Total Sold: 28
    • The most recent sale happened at this postcode is , 115 HAMELIN ROAD: £308,000 (Sold on 12 Sep 2024)
    • The first recorded sale happened at this postcode is , 21 STONEY BANK: £73,900 (Sold on 31 Mar 1995)
  • Semi-Detached
    • The average price is around £199,996 median price is £188,500 Standard Deviation is £107,377 with Total Sold: 287
    • The Last 5 Year average price is £380,719 with Total Sold: 37
    • The most recent sale happened at this postcode is , 15 HAMELIN ROAD: £330,000 (Sold on 05 Sep 2024)
    • The first recorded sale happened at this postcode is , 8 AUDLEY AVENUE: £70,000 (Sold on 24 Jan 1995)
  • Detached
    • The average price is around £256,903 median price is £250,000 Standard Deviation is £133,864 with Total Sold: 222
    • The Last 5 Year average price is £491,219 with Total Sold: 26
    • The most recent sale happened at this postcode is , 24 HAMELIN ROAD: £615,000 (Sold on 19 Dec 2023)
    • The first recorded sale happened at this postcode is , 25 HERITAGE DRIVE: £44,995 (Sold on 27 Jan 1995)
  • Other
    • The average price is around £3,064,333 median price is £2,570,000 Standard Deviation is £2,121,380 with Total Sold: 9
    • The Last 5 Year average price is £3,985,000 with Total Sold: 4
    • The most recent sale happened at this postcode is , LLOYDS TSB BANK PLC BAILEY DRIVE: £2,250,000 (Sold on 12 May 2023)
    • The first recorded sale happened at this postcode is , 9 SARACEN CLOSE: £2,310,000 (Sold on 07 Jul 2015)
  • Flat
    • The average price is around £92,132 median price is £100,000 Standard Deviation is £48,264 with Total Sold: 28
    • The Last 5 Year average price is £171,250 with Total Sold: 4
    • The most recent sale happened at this postcode is , 37 HAMELIN ROAD: £205,000 (Sold on 20 Dec 2022)
    • The first recorded sale happened at this postcode is , 119 HAMELIN ROAD: £27,500 (Sold on 18 Jul 1997)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£304,0002
2023£267,500 £3,933 4
2022£313,643 £4,673 7
2021£276,750 £4,341 8
2020£265,200 £3,708 5
2019£285,000 £5,094 2
2018£283,938 £3,885 8
2017£224,667 £3,758 3
2016£234,104 £3,472 18
2015£210,714 £3,096 7
2014£189,100 £2,984 10
2013£167,800 £2,574 5
2012£158,500 £2,680 2
2011£143,600 £2,231 5
2010£168,500 £2,484 5
2009£150,300 £2,265 5
2008£173,286 £2,437 7
2007£200,071 £2,832 7
2006£180,905 £2,312 16
2005£157,183 £2,281 12
2004£206,664 £2,253 15
2003£143,150 £2,136 10
2002£126,937 £1,785 8
2001£84,125 £1,379 12
2000£81,114 £1,291 20
1999£74,368 £1,094 21
1998£76,222 £935 9
1997£60,300 £851 10
1996£51,399 £921 5
1995£60,067 £814 6
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£383,750 £3,585 4
2023£483,333 £3,935 3
2022£392,500 £4,314 9
2021£369,956 £3,849 9
2020£374,900 £3,776 5
2019£337,857 £3,229 7
2018£325,818 £3,886 11
2017£287,000 £3,357 9
2016£292,333 £3,169 9
2015£256,083 £2,978 12
2014£224,874 £2,729 6
2013£205,833 £2,297 9
2012£189,857 £2,178 7
2011£196,536 £2,466 7
2010£198,357 £2,345 7
2009£210,285 £2,108 7
2008£180,833 £2,769 3
2007£221,900 £2,459 15
2006£202,550 £2,223 14
2005£196,625 £2,115 8
2004£178,639 £2,279 12
2003£171,726 £1,774 11
2002£161,933 £1,509 15
2001£120,493 £1,465 16
2000£109,000 £1,243 13
1999£94,928 £1,079 14
1998£71,499 £1,027 12
1997£84,195 £753 10
1996£72,578 £815 12
1995£62,568 £847 11
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£498,167 £4,071 6
2022£536,071 £4,225 7
2021£497,171 £3,695 7
2020£411,250 £3,921 4
2019£452,500 £3,447 2
2018£416,667 £3,308 6
2017£442,500 £3,371 4
2016£336,750 £3,090 4
2015£392,666 £3,019 9
2014£301,281 £2,280 8
2013£287,498 £2,335 2
2012£262,800 £2,178 5
2011£292,400 £2,435 5
2010£300,500 £2,207 5
2009£255,667 £2,269 3
2008£269,143 £2,425 7
2007£330,357 £2,194 7
2006£281,000 £2,141 9
2005£305,167 £2,062 3
2004£286,630 £2,191 15
2003£251,798 £2,187 10
2002£200,625 £1,631 8
2001£191,300 £1,342 10
2000£164,950 £1,254 10
1999£159,222 £1,207 9
1998£132,700 £829 5
1997£120,898 £865 10
1996£93,607 £835 14
1995£101,330 £885 28
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£2,250,0001
2022£2,570,0001
2020£8,000,0001
2019£3,120,0001
2018£2,209,667 £36 3
2016£2,700,0001
2015£2,310,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£187,500 £4,652 2
2020£155,000 £3,690 2
2018£147,500 £3,782 1
2016£152,500 £3,910 1
2015£110,000 £2,821 1
2014£110,000 £2,600 2
2007£114,000 £2,714 1
2006£112,000 £2,951 2
2005£96,167 £2,269 3
2004£105,000 £2,500 1
2003£76,950 £1,832 1
2001£49,500 £1,303 1
2000£46,208 £1,207 6
1999£37,000 £865 1
1998£32,500 £784 2
1997£27,500 £655 1

House Type in ME8 0PZ area

The most common house types in the ME8 0PZ postcode area are Semi-detached (48), Terraced (42), and Detached (23).

Total114
Semi-detached48
Terraced42
Detached23
Shared house1
Flat0
converted building0
commercial building0
temporary structure0

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 (41).

Owned: Owns with a mortgage or loan51
Owned: Owns outright41
Private rented: Private landlord or letting agency18
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the ME8 0PZ have 2 people in household (37), and 3 people in household (28).

2 people in household37
3 people in household28
4 people in household21
1 person in household14
5 people in household11
6 people in household1
7 people in household1
0 people in household0
8 or more people in household0