Housing Market Analysis for PRESTON WAY, ME8 6UP

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £138,423 median price is £143,000 Standard Deviation is £77,920 with Total Sold: 13
    • The Last 5 Year average price is £249,833 with Total Sold: 3
    • The most recent sale happened at this postcode is 6 PRESTON WAY: £250,000 (Sold on 07 Jul 2023)
    • The first recorded sale happened at this postcode is 20 PRESTON WAY: £41,500 (Sold on 15 Dec 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average ME8 6UP 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£253,500 £3,380 2
2020£242,500 £3,070 1
2018£210,000 £2,059 1
2010£146,000 £2,001 1
2006£143,0001
2005£127,500 £1,438 1
2004£149,995 £1,471 1
2002£80,000 £1,071 1
1999£59,500 £583 1
1998£46,250 £520 2
1995£41,500 £407 1

All the Sales in the PRESTON WAY, ME8 6UP

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

AddressSold DatePrice% Change
6 PRESTON WAYSemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1950-196607 Jul 2023£250,000541.03%
11 May 1998£39,000First Sale
8 PRESTON WAYSemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1950-196603 Mar 2023£257,000First Sale
14 PRESTON WAYSemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1930-194905 May 2020£242,500First Sale
20 PRESTON WAYSemi-Detached, FreeholdArea: 102 Sq.mtrAge: 1950-196622 Nov 2018£210,00040.00%
16 Aug 2004£149,995152.09%
04 Jun 1999£59,50043.37%
15 Dec 1995£41,500First Sale
24 PRESTON WAYSemi-Detached, FreeholdArea: 72.96 Sq.mtrAge: 1950-196612 Feb 2010£146,000First Sale
22 PRESTON WAYSemi-Detached, Freehold13 Apr 2006£143,000First Sale
18 PRESTON WAYSemi-Detached, FreeholdArea: 88.66 Sq.mtrAge: 1950-196614 Jul 2005£127,500First Sale
2 PRESTON WAYSemi-Detached, FreeholdArea: 74.68 Sq.mtrAge: 1950-196626 Feb 2002£80,000First Sale
10 PRESTON WAYSemi-Detached, Freehold15 May 1998£53,500First Sale

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

PRESTON WAY, ME8 6UP Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £158,782 median price is £148,000 Standard Deviation is £83,649 with Total Sold: 761
    • The Last 5 Year average price is £276,632 with Total Sold: 140
    • The most recent sale happened at this postcode is , 214 BEECHINGS WAY: £104,000 (Sold on 29 Aug 2024)
    • The first recorded sale happened at this postcode is , 33 STURRY WAY: £44,250 (Sold on 03 Jan 1995)
  • Semi-Detached
    • The average price is around £167,939 median price is £150,000 Standard Deviation is £90,156 with Total Sold: 1,034
    • The Last 5 Year average price is £287,069 with Total Sold: 188
    • The most recent sale happened at this postcode is , 16 CRUNDALE ROAD: £280,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 34 EASTCOURT LANE: £16,000 (Sold on 31 Jan 1995)
  • Flat
    • The average price is around £103,309 median price is £91,000 Standard Deviation is £63,295 with Total Sold: 140
    • The Last 5 Year average price is £162,997 with Total Sold: 33
    • 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)
  • Other
    • The average price is around £595,154 median price is £295,000 Standard Deviation is £873,624 with Total Sold: 13
    • The Last 5 Year average price is £572,444 with Total Sold: 9
    • The most recent sale happened at this postcode is , 1 MINSTER ROAD: £350,000 (Sold on 24 May 2024)
    • The first recorded sale happened at this postcode is , DOBBIES GARDEN CENTRE COURTENEY ROAD: £2,000,000 (Sold on 25 Feb 2015)
  • Detached
    • The average price is around £270,121 median price is £249,000 Standard Deviation is £167,039 with Total Sold: 201
    • The Last 5 Year average price is £479,940 with Total Sold: 42
    • The most recent sale happened at this postcode is , 17 PUMP LANE: £615,000 (Sold on 08 Feb 2024)
    • The first recorded sale happened at this postcode is , 7 PUMP LANE: £40,235 (Sold on 10 Feb 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£270,929 £4,429 7
2023£298,935 £3,415 23
2022£299,762 £3,582 21
2021£279,685 £3,361 27
2020£258,926 £3,042 34
2019£260,946 £2,958 28
2018£236,909 £2,890 35
2017£235,560 £2,960 25
2016£233,190 £2,711 21
2015£212,266 £2,463 28
2014£180,062 £2,147 24
2013£147,825 £1,839 14
2012£147,658 £1,777 19
2011£138,406 £1,789 16
2010£143,416 £1,807 18
2009£142,603 £1,790 17
2008£158,818 £1,903 19
2007£154,362 £1,999 29
2006£151,267 £1,767 28
2005£149,728 £1,790 26
2004£139,749 £1,691 28
2003£131,256 £1,517 33
2002£110,596 £1,350 26
2001£79,131 £949 43
2000£77,009 £821 39
1999£65,913 £675 27
1998£61,192 £658 33
1997£54,521 £633 30
1996£48,794 £549 29
1995£47,732 £607 14
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£313,864 £3,894 11
2023£307,457 £3,764 44
2022£301,875 £3,770 24
2021£288,631 £3,366 46
2020£246,291 £2,954 28
2019£273,436 £3,360 35
2018£266,420 £3,084 37
2017£255,622 £3,019 43
2016£251,823 £2,908 34
2015£208,913 £2,422 29
2014£184,300 £2,347 30
2013£172,566 £2,091 34
2012£159,464 £1,788 28
2011£150,300 £1,899 20
2010£163,025 £1,979 20
2009£143,979 £1,740 24
2008£170,259 £2,176 20
2007£168,470 £1,943 44
2006£159,792 £1,866 38
2005£148,656 £1,697 32
2004£145,826 £1,654 38
2003£138,830 £1,676 51
2002£117,539 £1,262 43
2001£93,375 £1,205 46
2000£85,823 £922 34
1999£72,595 £830 36
1998£65,378 £750 50
1997£58,931 £679 41
1996£53,158 £537 39
1995£49,114 £541 35
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£153,568 £2,239 6
2023£225,708 £6,312 6
2022£160,062 £3,829 8
2021£158,625 £3,164 4
2020£136,300 £2,811 5
2019£126,688 £2,747 4
2018£130,250 £3,002 3
2017£125,500 £2,837 5
2016£126,000 £2,374 5
2015£96,100 £2,100 5
2014£112,688 £2,906 6
2013£79,000 £1,763 3
2012£100,221 £2,345 7
2011£72,100 £855 5
2010£87,250 £1,979 6
2009£67,667 £2,451 3
2008£92,800 £1,634 5
2007£132,567 £2,696 12
2006£88,625 £2,661 4
2005£81,250 £1,538 4
2004£68,000 £1,212 2
2003£68,500 £1,619 5
2002£52,875 £1,014 2
2001£44,878 £993 9
2000£36,442 £733 6
1999£31,5002
1998£31,8254
1997£39,500 £482 1
1996£25,500 £705 2
1995£32,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£212,5002
2023£267,0001
2022£295,000 £4,070 1
2021£315,000 £3,167 3
2019£1,610,0002
2017£195,0003
2015£2,000,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£702,500 £4,522 2
2023£580,000 £4,285 7
2022£548,000 £3,788 5
2021£429,650 £3,521 10
2020£429,375 £3,817 8
2019£422,100 £3,450 10
2018£367,494 £2,785 8
2017£360,000 £3,950 4
2016£389,571 £2,813 7
2015£275,321 £1,957 7
2014£292,499 £2,731 4
2013£292,999 £2,420 6
2012£260,750 £2,379 8
2011£267,400 £2,169 5
2010£306,142 £2,609 7
2009£309,000 £2,219 3
2008£287,500 £1,835 4
2007£318,889 £2,352 9
2006£190,166 £2,269 3
2005£236,000 £2,545 2
2004£228,390 £1,046 5
2003£176,989 £917 8
2002£204,999 £2,072 4
2001£151,207 £1,422 7
2000£139,875 £906 4
1999£104,056 £870 9
1998£107,495 £646 10
1997£111,136 £743 11
1996£105,508 £674 13
1995£92,521 £798 11

House Type in ME8 6UP area

The most common house types in the ME8 6UP postcode area are Semi-detached (68), Flat (33), and Terraced (22).

Total126
Semi-detached68
Flat33
Terraced22
Shared house2
Detached1
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 (45), and Owned: Owns with a mortgage or loan (36).

Social rented: Rents from council or Local Authority45
Owned: Owns with a mortgage or loan36
Owned: Owns outright27
Private rented: Private landlord or letting agency15
Private rented: Other private rented2
Shared ownership: Shared ownership1
Social rented: Other social rented1
Lives rent free1
Does not apply0

Number of People in a Household

The most houses in the ME8 6UP have 1 person in household (50), and 2 people in household (35).

1 person in household50
2 people in household35
3 people in household21
4 people in household13
5 people in household4
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0