Housing Market Analysis for RUSSETT FARM, ME8 7AT

Are you looking to understand ME8 7AT 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 7AT area, explore the ME8 7AT Area information page.
For comprehensive crime statistics in the ME8 7AT area, explore the ME8 7AT Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME8 7AT postcode area, The average prices are as follows,

Terraced
- The average price is around £282,795 median price is £272,500 Standard Deviation is £56,158 with Total Sold: 54
- The Last 5 Year average price is £357,500 with Total Sold: 10
- The most recent sale happened at this postcode is 13 RUSSETT FARM: £365,000 (Sold on 24 Aug 2023)
- The first recorded sale happened at this postcode is 13 RUSSETT FARM: £250,000 (Sold on 24 Jul 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average ME8 7AT 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£373,000	£4,188	4
2021	£361,375	£3,494	4
2020	£318,750	£3,602	2
2019	£310,000	£3,464	5
2018	£328,500	£3,765	2
2017	£345,000	£2,828	1
2016	£317,500	£3,471	2
2015	£257,500	£2,941	6
2014	£284,000	£2,547	2
2011	£195,000	£2,715	1
2010	£209,500	£2,605	2
2007	£261,650	£2,624	3
2006	£249,850	£2,674	20

All the Sales in the RUSSETT FARM, ME8 7AT

See the table below for more details on the sold house prices in the ME8 7AT, Medway postcode.

Address	Sold Date	Price	% Change
13 RUSSETT FARMTerraced, FreeholdArea: 81.6 Sq.mtrAge: 2003-2006	24 Aug 2023	£365,000	0.0
	24 Aug 2023	£365,000	8.96%
	25 Jul 2018	£335,000	26.42%
	15 May 2015	£265,000	12.77%
	13 Sep 2010	£235,000	-6.00%
	24 Jul 2006	£250,000	First Sale
18 RUSSETT FARMTerraced, FreeholdArea: 120 Sq.mtrAge: 1996-2002	03 Apr 2023	£425,000	49.12%
	07 Aug 2006	£285,000	First Sale
24 RUSSETT FARMTerraced, FreeholdArea: 79 Sq.mtrAge: 2003-2006	16 Jan 2023	£337,000	22.55%
	01 Mar 2019	£275,000	49.46%
	30 Sep 2010	£184,000	-3.16%
	18 Dec 2006	£189,995	First Sale
7 RUSSETT FARMTerraced, FreeholdArea: 110 Sq.mtrAge: 2007 onwards	18 Nov 2021	£385,000	41.54%
	01 Dec 2006	£272,000	First Sale
19 RUSSETT FARMTerraced, FreeholdArea: 93 Sq.mtrAge: 2003-2006	30 Sep 2021	£357,500	44.15%
	29 Sep 2006	£248,000	First Sale
15 RUSSETT FARMTerraced, FreeholdArea: 109 Sq.mtrAge: 2003-2006	08 Jan 2021	£363,000	30.81%
	14 Sep 2006	£277,500	First Sale
14 RUSSETT FARMTerraced, FreeholdArea: 103 Sq.mtrAge: 2003-2006	05 Jan 2021	£340,000	23.64%
	31 Jul 2015	£275,000	10.00%
	21 Aug 2006	£250,000	First Sale
6 RUSSETT FARMTerraced, FreeholdArea: 105 Sq.mtrAge: 1983-1990	18 Dec 2020	£380,000	18.75%
	20 Nov 2015	£320,000	14.31%
	06 Mar 2007	£279,950	First Sale
22 RUSSETT FARMTerraced, FreeholdArea: 71.82 Sq.mtrAge: 2003-2006	12 Mar 2020	£257,500	39.19%
	19 Jun 2015	£185,000	-5.13%
	04 Aug 2011	£195,000	-2.50%
	22 Dec 2006	£200,000	First Sale
23 RUSSETT FARMTerraced, FreeholdArea: 70.78 Sq.mtrAge: 2003-2006	07 Nov 2019	£255,000	13.33%
	21 Jul 2015	£225,000	25.35%
	11 Dec 2006	£179,500	First Sale
21 RUSSETT FARMTerraced, FreeholdArea: 107 Sq.mtrAge: 2003-2006	19 Sep 2019	£345,000	26.37%
	07 Mar 2014	£273,000	-9.00%
	08 Dec 2006	£300,000	First Sale
4 RUSSETT FARMTerraced, FreeholdArea: 81 Sq.mtrAge: 2003-2006	02 Aug 2019	£320,000	23.08%
	11 Sep 2006	£260,000	First Sale
10 RUSSETT FARMTerraced, FreeholdArea: 116 Sq.mtrAge: 2003-2006	15 Feb 2019	£355,000	20.34%
	07 Jul 2014	£295,000	First Sale
11 RUSSETT FARMTerraced, FreeholdArea: 94 Sq.mtrAge: 2003-2006	01 Jun 2018	£322,000	28.80%
	14 Aug 2006	£250,000	First Sale
16 RUSSETT FARMTerraced, FreeholdArea: 122 Sq.mtrAge: 2003-2006	08 Feb 2017	£345,000	27.78%
	08 Dec 2006	£270,000	First Sale
8 RUSSETT FARMTerraced, FreeholdArea: 91 Sq.mtrAge: 2003-2006	19 Dec 2016	£330,000	40.43%
	28 Feb 2007	£235,000	First Sale
3 RUSSETT FARMTerraced, FreeholdArea: 92 Sq.mtrAge: 2003-2006	08 Sep 2016	£305,000	22.00%
	27 Nov 2006	£250,000	First Sale
12 RUSSETT FARMTerraced, FreeholdArea: 94 Sq.mtrAge: 2003-2006	03 Sep 2015	£275,000	10.00%
	15 Sep 2006	£250,000	First Sale
9 RUSSETT FARMTerraced, Freehold	09 Mar 2007	£270,000	First Sale
1 RUSSETT FARMTerraced, Freehold	08 Dec 2006	£260,000	First Sale
2 RUSSETT FARMTerraced, Freehold	27 Oct 2006	£250,000	First Sale
5 RUSSETT FARMTerraced, FreeholdArea: 80 Sq.mtrAge: 2007 onwards	18 Oct 2006	£260,000	First Sale
20 RUSSETT FARMTerraced, Freehold	29 Sep 2006	£245,000	First Sale
17 RUSSETT FARMTerraced, Freehold	14 Aug 2006	£249,999	First Sale

Check out the sold house prices near the ME8 7AT postcode. Properties currently for saleProperties currently for rent

RUSSETT FARM, ME8 7AT Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME8 7AT 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 7AT postcode.

Semi-Detached
- The average price is around £168,684 median price is £154,500 Standard Deviation is £91,443 with Total Sold: 290
- The Last 5 Year average price is £303,344 with Total Sold: 45
- The most recent sale happened at this postcode is , 11 EMMELINE CLOSE: £348,000 (Sold on 10 Jul 2024)
- The first recorded sale happened at this postcode is , 35 EASTLING CLOSE: £44,000 (Sold on 28 Apr 1995)
Flat
- The average price is around £87,451 median price is £83,000 Standard Deviation is £45,167 with Total Sold: 85
- The Last 5 Year average price is £125,000 with Total Sold: 6
- The most recent sale happened at this postcode is , 26 ROLVENDEN AVENUE: £108,000 (Sold on 07 Jun 2024)
- The first recorded sale happened at this postcode is , 25 RIVER VIEW: £24,500 (Sold on 07 Jul 1995)
Terraced
- The average price is around £194,831 median price is £195,180 Standard Deviation is £96,498 with Total Sold: 214
- The Last 5 Year average price is £295,185 with Total Sold: 38
- The most recent sale happened at this postcode is , 8 LICHFIELD CLOSE: £245,000 (Sold on 05 Jun 2024)
- The first recorded sale happened at this postcode is , 35 ROLVENDEN AVENUE: £47,995 (Sold on 03 May 1995)
Detached
- The average price is around £289,573 median price is £280,000 Standard Deviation is £149,519 with Total Sold: 34
- The Last 5 Year average price is £471,250 with Total Sold: 4
- The most recent sale happened at this postcode is , 366 PUMP LANE: £630,000 (Sold on 15 Jun 2023)
- The first recorded sale happened at this postcode is , 430 LOWER RAINHAM ROAD: £160,000 (Sold on 09 Jul 1996)
Other
- The average price is around £319,000 median price is £305,000 Standard Deviation is £264,730 with Total Sold: 3
- The Last 5 Year average price is £650,000 with Total Sold: 1
- The most recent sale happened at this postcode is , PUMP FARM HOUSE, 281 PUMP LANE: £650,000 (Sold on 23 Jan 2020)
- The first recorded sale happened at this postcode is , 521 LOWER RAINHAM ROAD: £305,000 (Sold on 03 Jun 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£326,000	£3,529	3
2023	£326,346	£3,933	13
2022	£277,667	£3,889	6
2021	£297,875	£3,413	16
2020	£285,429	£3,018	7
2019	£245,200	£3,229	5
2018	£259,975	£3,061	20
2017	£230,008	£3,113	12
2016	£240,833	£3,536	9
2015	£205,750	£2,762	6
2014	£181,050	£2,140	10
2013	£173,000	£2,062	8
2012	£167,167	£1,996	9
2011	£165,500	£2,162	5
2010	£156,125	£1,936	4
2009	£148,318	£2,002	11
2008	£151,149	£1,839	5
2007	£167,611	£1,931	9
2006	£147,550	£1,746	12
2005	£143,818	£1,658	11
2004	£151,349	£1,737	10
2003	£123,303	£1,691	14
2002	£113,436	£1,423	8
2001	£81,178	£1,162	10
2000	£85,599	£1,035	10
1999	£75,034	£783	10
1998	£62,469	£837	18
1997	£53,135	£600	11
1996	£60,639	£602	9
1995	£51,222	£633	9

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£118,875		4
2022	£207,000	£3,258	1
2021	£67,500	£1,500	1
2018	£149,900	£2,946	5
2017	£141,250	£2,467	4
2016	£146,667	£2,734	3
2015	£132,000	£2,449	2
2014	£107,500	£2,053	2
2013	£77,750	£1,701	2
2012	£135,000	£2,125	1
2011	£95,000	£1,923	2
2010	£94,000	£1,808	1
2008	£116,625	£2,273	4
2007	£129,583	£2,379	6
2006	£98,500	£1,894	2
2005	£88,944	£1,743	9
2004	£73,498	£1,362	2
2003	£67,428	£1,349	7
2002	£49,299	£988	5
2001	£53,998	£1,101	2
2000	£39,908	£758	6
1999	£32,189	£631	5
1997	£30,665	£590	3
1996	£28,699	£594	5
1995	£24,500	£544	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£285,508	£3,916	5
2023	£338,857	£3,988	7
2021	£295,000	£3,480	19
2020	£258,929	£3,331	7
2019	£279,542	£3,287	12
2018	£277,375	£3,264	12
2017	£276,667	£2,798	3
2016	£248,072	£3,193	5
2015	£226,050	£2,904	10
2014	£190,677	£2,421	9
2013	£204,249	£1,989	4
2012	£207,833	£2,196	9
2011	£195,000	£2,715	1
2010	£176,625	£2,300	4
2009	£113,000	£1,753	4
2008	£154,375	£2,348	4
2007	£175,919	£2,477	13
2006	£234,434	£2,565	23
2005	£126,549	£1,880	10
2004	£125,000	£1,764	7
2003	£117,100	£1,057	5
2002	£87,856	£1,281	9
2001	£81,799	£1,401	8
2000	£58,430	£1,093	4
1999	£57,899	£1,153	5
1998	£46,617	£632	3
1997	£50,679	£700	7
1996	£41,250	£744	2
1995	£45,997	£653	3

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£630,000	£9,317	1
2021	£418,333	£3,904	3
2019	£463,250	£3,585	2
2018	£260,000	£2,430	1
2017	£456,500	£4,967	2
2016	£420,000	£2,745	1
2015	£450,000	£3,511	1
2013	£362,500	£2,572	2
2012	£235,000	£2,418	4
2011	£332,500	£2,714	2
2010	£130,000	£1,688	1
2008	£300,000	£2,340	1
2007	£280,000	£2,137	3
2006	£235,000	£1,001	2
2003	£135,000	£1,262	1
2002	£210,000	£2,258	1
2000	£69,995	£917	2
1999	£110,500	£1,297	2
1998	£55,000	£514	1
1996	£160,000		1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£650,000		1
2018	£2,000	£26	1
2016	£305,000	£2,259	1

House Type in ME8 7AT area

The most common house types in the ME8 7AT postcode area are Detached (68), Semi-detached (57), and Terraced (43).

Total	170
Detached	68
Semi-detached	57
Terraced	43
Flat	1
temporary structure	1
Shared house	0
converted building	0
commercial building	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (78), and Owned: Owns outright (69).

Owned: Owns with a mortgage or loan	78
Owned: Owns outright	69
Private rented: Private landlord or letting agency	18
Private rented: Other private rented	5
Social rented: Rents from council or Local Authority	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the ME8 7AT have 2 people in household (73), and 1 person in household (34).

2 people in household	73
1 person in household	34
4 people in household	32
3 people in household	20
5 people in household	6
6 people in household	2
8 or more people in household	1
0 people in household	0
7 people in household	0