Housing Market Analysis for HOTEL ROAD, ME8 6AF

Are you looking to understand ME8 6AF 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 6AF area, explore the ME8 6AF Area information page.
For comprehensive crime statistics in the ME8 6AF area, explore the ME8 6AF Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME8 6AF postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £288,140 median price is £279,995 Standard Deviation is £36,905 with Total Sold: 14
    • The Last 5 Year average price is £330,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 6 HOTEL ROAD: £330,000 (Sold on 25 Mar 2021)
    • The first recorded sale happened at this postcode is 5 HOTEL ROAD: £249,995 (Sold on 29 Mar 2004)
  • Detached
    • The average price is around £337,248 median price is £312,498 Standard Deviation is £51,724 with Total Sold: 4
    • The Last 5 Year average price is £425,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 10 HOTEL ROAD: £425,000 (Sold on 22 Jun 2020)
    • The first recorded sale happened at this postcode is 11 HOTEL ROAD: £299,995 (Sold on 25 Mar 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average ME8 6AF 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
2021£330,000 £2,568 2
2018£340,000 £2,721 2
2016£327,000 £2,287 1
2007£270,0001
2006£263,000 £1,839 1
2004£261,995 £2,049 7
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£425,000 £3,728 1
2007£325,000 £2,462 1
2004£299,495 £2,273 2

All the Sales in the HOTEL ROAD, ME8 6AF

See the table below for more details on the sold house prices in the ME8 6AF, Medway postcode.

AddressSold DatePrice% Change
6 HOTEL ROADTerraced, FreeholdArea: 127 Sq.mtrAge: 2003-200625 Mar 2021£330,000-2.94%
11 Jun 2018£340,00036.00%
30 Apr 2004£249,995First Sale
3 HOTEL ROADTerraced, FreeholdArea: 130 Sq.mtrAge: 2003-200605 Jan 2021£330,00037.50%
24 Sep 2004£239,995First Sale
10 HOTEL ROADDetached, FreeholdArea: 114 Sq.mtrAge: 2003-200622 Jun 2020£425,000First Sale
2 HOTEL ROADTerraced, FreeholdArea: 123 Sq.mtrAge: 2003-200620 Feb 2018£340,00021.43%
17 Sep 2004£279,995First Sale
9 HOTEL ROADTerraced, FreeholdArea: 143 Sq.mtrAge: 2003-200613 Dec 2016£327,00024.33%
01 Sep 2006£263,000-10.54%
28 May 2004£293,995First Sale
11 HOTEL ROADDetached, FreeholdArea: 132 Sq.mtrAge: 2003-200619 Oct 2007£325,0008.34%
25 Mar 2004£299,995First Sale
5 HOTEL ROADTerraced, Freehold03 Aug 2007£270,0008.00%
29 Mar 2004£249,995First Sale
4 HOTEL ROADTerraced, FreeholdArea: 111 Sq.mtrAge: 2003-200615 Nov 2004£239,995First Sale
1 HOTEL ROADDetached, Freehold28 May 2004£298,995First Sale
8 HOTEL ROADTerraced, FreeholdArea: 141.1 Sq.mtrAge: 2003-200630 Apr 2004£279,995First Sale

Check out the sold house prices near the ME8 6AF postcode. Properties currently for saleProperties currently for rent

HOTEL ROAD, ME8 6AF Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME8 6AF 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 6AF postcode.

  • Terraced
    • The average price is around £163,051 median price is £150,000 Standard Deviation is £89,204 with Total Sold: 954
    • The Last 5 Year average price is £287,978 with Total Sold: 149
    • The most recent sale happened at this postcode is , 9 GREENVALE GARDENS: £260,000 (Sold on 29 Aug 2024)
    • The first recorded sale happened at this postcode is , 72 HANWAY: £53,995 (Sold on 12 Jan 1995)
  • Semi-Detached
    • The average price is around £190,960 median price is £175,000 Standard Deviation is £102,553 with Total Sold: 388
    • The Last 5 Year average price is £316,804 with Total Sold: 68
    • The most recent sale happened at this postcode is , 3 CHILHAM ROAD: £328,000 (Sold on 01 Aug 2024)
    • The first recorded sale happened at this postcode is , 57 BROADWAY: £50,500 (Sold on 26 Jan 1995)
  • Detached
    • The average price is around £300,616 median price is £299,995 Standard Deviation is £116,618 with Total Sold: 82
    • The Last 5 Year average price is £464,714 with Total Sold: 14
    • The most recent sale happened at this postcode is , 73 ELMFIELD: £265,000 (Sold on 01 Jul 2024)
    • The first recorded sale happened at this postcode is , 5 TWYDALL LANE: £123,000 (Sold on 18 Dec 1995)
  • Other
    • The average price is around £1,820,016 median price is £1,292,500 Standard Deviation is £2,134,975 with Total Sold: 16
    • The Last 5 Year average price is £1,837,694 with Total Sold: 9
    • The most recent sale happened at this postcode is , 4 HARRIS MEWS: £305,000 (Sold on 07 Jun 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 £78,250 median price is £78,250 Standard Deviation is £36,750 with Total Sold: 2
    • The most recent sale happened at this postcode is , 64 CHILHAM ROAD: £115,000 (Sold on 02 Dec 2011)
    • The first recorded sale happened at this postcode is , 18 HANWAY: £41,500 (Sold on 28 May 1999)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£310,823 £4,390 13
2023£313,222 £3,782 27
2022£310,860 £3,538 25
2021£281,183 £3,386 44
2020£257,500 £3,305 22
2019£255,694 £3,320 18
2018£251,670 £3,078 37
2017£258,862 £2,988 36
2016£243,233 £2,724 30
2015£196,310 £2,596 29
2014£180,395 £2,490 38
2013£162,589 £1,969 28
2012£145,604 £1,862 24
2011£149,088 £1,816 20
2010£145,225 £1,850 16
2009£155,812 £1,820 16
2008£152,554 £1,890 25
2007£182,615 £1,978 37
2006£187,890 £1,929 64
2005£149,963 £1,836 35
2004£161,482 £1,788 44
2003£126,938 £1,542 30
2002£97,708 £1,350 24
2001£85,589 £977 58
2000£72,226 £905 43
1999£61,737 £798 46
1998£54,490 £643 36
1997£51,235 £555 37
1996£46,720 £517 37
1995£48,149 £501 15
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£340,7867
2023£371,444 £3,510 9
2022£327,127 £3,870 9
2021£299,893 £3,168 14
2020£268,875 £2,947 12
2019£320,294 £3,332 17
2018£289,385 £3,210 13
2017£298,933 £3,516 15
2016£297,125 £2,818 16
2015£226,950 £2,882 10
2014£219,000 £2,504 9
2013£203,256 £2,064 17
2012£205,500 £1,997 7
2011£169,583 £2,434 6
2010£194,600 £1,913 5
2009£169,571 £1,936 7
2008£221,444 £2,002 9
2007£199,632 £2,074 19
2006£191,529 £2,006 23
2005£178,249 £1,915 10
2004£168,463 £1,991 14
2003£149,496 £1,496 17
2002£120,559 £1,194 20
2001£108,871 £1,102 16
2000£97,700 £1,023 15
1999£77,791 £999 18
1998£75,750 £846 15
1997£64,500 £716 14
1996£53,389 £588 14
1995£50,818 £527 11
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£265,0001
2023£450,000 £3,631 1
2022£553,750 £4,033 4
2021£488,750 £3,007 4
2020£417,500 £3,328 2
2019£393,000 £2,932 2
2018£450,000 £2,308 1
2017£421,000 £3,865 2
2016£370,000 £2,443 2
2015£313,188 £1,949 4
2014£322,000 £1,936 2
2013£301,249 £2,487 4
2012£230,0001
2011£264,333 £2,247 3
2010£282,500 £1,731 2
2008£282,500 £2,437 2
2007£345,125 £2,416 4
2006£304,872 £1,994 8
2005£285,395 £2,479 5
2004£280,814 £2,073 11
2003£231,579 £1,261 5
2001£126,000 £1,104 3
1999£120,000 £902 1
1998£112,667 £117 3
1997£112,000 £647 2
1996£90,750 £708 2
1995£123,000 £894 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,277,500 £4,013 2
2022£2,570,0001
2021£278,000 £2,989 1
2020£8,000,0001
2019£784,062 £33 4
2018£3,312,5002
2016£911,5004
2015£2,310,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2011£115,000 £1,481 1
1999£41,500 £1,086 1

House Type in ME8 6AF area

The most common house types in the ME8 6AF postcode area are Terraced (75), Semi-detached (47), and Detached (17).

Total139
Terraced75
Semi-detached47
Detached17
Flat0
Shared house0
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 (59), and Owned: Owns outright (51).

Owned: Owns with a mortgage or loan59
Owned: Owns outright51
Private rented: Private landlord or letting agency25
Social rented: Other social rented4
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the ME8 6AF have 1 person in household (43), and 2 people in household (41).

1 person in household43
2 people in household41
4 people in household24
3 people in household20
5 people in household6
6 people in household2
7 people in household2
8 or more people in household1
0 people in household0