Housing Market Analysis for ELLISON WAY, ME8 7PL

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £194,487 median price is £167,250 Standard Deviation is £126,464 with Total Sold: 16
- The Last 5 Year average price is £377,500 with Total Sold: 4
- The most recent sale happened at this postcode is 19 ELLISON WAY: £400,000 (Sold on 17 Nov 2023)
- The first recorded sale happened at this postcode is 1 ELLISON WAY: £65,000 (Sold on 17 Feb 1995)
Terraced
- The average price is around £160,226 median price is £152,500 Standard Deviation is £88,072 with Total Sold: 45
- The Last 5 Year average price is £327,250 with Total Sold: 6
- The most recent sale happened at this postcode is 10 ELLISON WAY: £302,500 (Sold on 15 Sep 2023)
- The first recorded sale happened at this postcode is 40 ELLISON WAY: £355,000 (Sold on 06 Mar 2024)
Flat
- The average price is around £67,374 median price is £67,250 Standard Deviation is £19,541 with Total Sold: 4
- The most recent sale happened at this postcode is 20 ELLISON WAY: £94,995 (Sold on 08 Nov 2002)
- The first recorded sale happened at this postcode is 18 ELLISON WAY: £40,000 (Sold on 29 Apr 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average ME8 7PL 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
2023	£362,500	£4,566	2
2021	£392,500	£3,647	2
2017	£321,300	£3,160	1
2014	£167,000	£2,197	1
2010	£197,250	£2,113	2
2007	£181,000	£1,775	1
2001	£100,498	£1,093	2
1999	£78,000	£765	1
1998	£70,500	£884	2
1995	£59,000	£635	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£302,500	£4,321	1
2021	£335,333	£4,028	3
2020	£300,000	£3,571	1
2018	£307,000	£3,449	1
2017	£228,500	£3,382	2
2016	£260,000	£2,921	1
2015	£183,500	£2,499	1
2014	£197,500	£2,715	2
2013	£171,500	£2,334	2
2012	£161,000	£2,210	1
2011	£176,000	£2,037	1
2010	£156,250	£2,193	2
2008	£170,500		2
2006	£167,500	£2,281	1
2005	£182,500	£2,173	1
2004	£137,000	£1,957	1
2002	£124,100	£1,537	5
2001	£94,248	£1,206	4
2000	£86,163	£1,183	3
1999	£91,500	£1,089	1
1998	£63,975	£810	2
1997	£60,083	£804	3
1996	£56,000	£714	3
2024	£355,000		1

House Type: Flat

Year	Avg. Price	Sold
2002	£94,995	1
2001	£70,000	1
1999	£64,500	1
1998	£40,000	1

All the Sales in the ELLISON WAY, ME8 7PL

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

Address	Sold Date	Price	% Change
19 ELLISON WAYSemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1976-1982	17 Nov 2023	£400,000	139.52%
	07 Feb 2014	£167,000	131.94%
	09 Oct 1998	£72,000	First Sale
10 ELLISON WAYTerraced, FreeholdArea: 70 Sq.mtrAge: 1930-1949	15 Sep 2023	£302,500	25.00%
	29 Jun 2017	£242,000	46.67%
	03 May 2013	£165,000	3.12%
	19 Feb 2010	£160,000	16.79%
	27 Jan 2004	£137,000	54.80%
	20 Nov 2000	£88,500	57.33%
	28 Apr 1997	£56,250	12.50%
	29 Jul 1996	£50,000	First Sale
26 ELLISON WAYSemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1983-1990	23 Feb 2023	£325,000	94.03%
	20 Aug 2010	£167,500	62.63%
	17 Aug 2001	£102,995	49.27%
	08 Sep 1998	£69,000	30.19%
	17 Feb 1995	£53,000	First Sale
1 ELLISON WAYSemi-Detached, FreeholdArea: 101.68 Sq.mtrAge: 1967-1975	13 Dec 2021	£410,000	27.61%
	15 Mar 2017	£321,300	41.54%
	17 Sep 2010	£227,000	249.23%
	17 Feb 1995	£65,000	First Sale
38 ELLISON WAYTerraced, FreeholdArea: 72.85 Sq.mtrAge: 1967-1975	09 Nov 2021	£310,000	47.62%
	17 Jul 2014	£210,000	30.43%
	30 Mar 2012	£161,000	First Sale
29 ELLISON WAYTerraced, FreeholdArea: 77 Sq.mtrAge: 1967-1975	30 Sep 2021	£304,000	70.79%
	17 Dec 2013	£178,000	First Sale
9 ELLISON WAYTerraced, FreeholdArea: 101 Sq.mtrAge: 1967-1975	30 Sep 2021	£392,000	First Sale
21 ELLISON WAYSemi-Detached, FreeholdArea: 115 Sq.mtrAge: 1976-1982	20 Aug 2021	£375,000	First Sale
32 ELLISON WAYTerraced, FreeholdArea: 84 Sq.mtrAge: 1967-1975	06 Mar 2020	£300,000	64.38%
	25 Aug 2005	£182,500	48.37%
	11 Jan 2002	£123,000	34.43%
	17 Sep 1999	£91,500	First Sale
33 ELLISON WAYTerraced, FreeholdArea: 89 Sq.mtrAge: 1976-1982	20 Jul 2018	£307,000	18.08%
	26 Aug 2016	£260,000	First Sale
24 ELLISON WAYTerraced, FreeholdArea: 65 Sq.mtrAge: 1976-1982	28 Jul 2017	£215,000	First Sale
8 ELLISON WAYTerraced, FreeholdArea: 73.42 Sq.mtrAge: 1967-1975	30 Jan 2015	£183,500	9.55%
	19 Dec 2006	£167,500	First Sale
28 ELLISON WAYTerraced, FreeholdArea: 72.6 Sq.mtrAge: 1976-1982	08 Jul 2014	£185,000	21.31%
	23 Apr 2010	£152,500	41.86%
	28 Jun 2002	£107,500	34.38%
	29 Feb 2000	£79,995	26.98%
	20 Feb 1998	£63,000	First Sale
31 ELLISON WAYTerraced, FreeholdArea: 86.4 Sq.mtrAge: 1967-1975	21 Oct 2011	£176,000	22.22%
	15 Nov 2002	£144,000	45.46%
	04 Dec 2001	£98,995	52.42%
	13 Feb 1998	£64,950	First Sale
12 ELLISON WAYTerraced, Freehold	08 May 2008	£185,000	First Sale
30 ELLISON WAYTerraced, Freehold	07 Mar 2008	£156,000	25.30%
	29 Nov 2002	£124,500	132.71%
	30 Aug 1996	£53,500	First Sale
4 ELLISON WAYSemi-Detached, FreeholdArea: 102 Sq.mtrAge: 1967-1975	26 Jan 2007	£181,000	84.69%
	01 Jun 2001	£98,000	25.64%
	12 Mar 1999	£78,000	First Sale
20 ELLISON WAYFlat, Leasehold	08 Nov 2002	£94,995	47.28%
20 ELLISON WAYFlat, Leasehold	08 Oct 1999	£64,500	First Sale
27 ELLISON WAYTerraced, Freehold	19 Aug 2002	£121,500	First Sale
14 ELLISON WAYTerraced, Freehold	19 Dec 2001	£99,995	69.48%
14 ELLISON WAYTerraced, Freehold	01 Aug 1997	£59,000	First Sale
16 ELLISON WAYTerraced, FreeholdArea: 72 Sq.mtrAge: 1976-1982	01 Aug 2001	£90,000	First Sale
18 ELLISON WAYFlat, Leasehold	25 May 2001	£70,000	75.00%
18 ELLISON WAYFlat, Leasehold	29 Apr 1998	£40,000	First Sale
22 ELLISON WAYTerraced, FreeholdArea: 72 Sq.mtrAge: 1967-1975	10 Apr 2001	£88,000	First Sale
6 ELLISON WAYTerraced, Freehold	30 Jun 2000	£89,995	First Sale
13 ELLISON WAYTerraced, Freehold	07 Nov 1997	£65,000	First Sale
5 ELLISON WAYTerraced, Freehold	15 Mar 1996	£64,500	First Sale
40 ELLISON WAYTerraced, Freehold	06 Mar 2024	£355,000	First Sale

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

ELLISON WAY, ME8 7PL Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £200,082 median price is £189,498 Standard Deviation is £107,669 with Total Sold: 862
- The Last 5 Year average price is £338,917 with Total Sold: 198
- The most recent sale happened at this postcode is , 110 PARKFIELD ROAD: £450,000 (Sold on 09 Sep 2024)
- The first recorded sale happened at this postcode is , 12 BURRSTOCK WAY: £37,950 (Sold on 11 Jan 1995)
Terraced
- The average price is around £144,495 median price is £137,000 Standard Deviation is £80,061 with Total Sold: 1,214
- The Last 5 Year average price is £271,175 with Total Sold: 178
- The most recent sale happened at this postcode is 4, CEMENT COTTAGES STATION ROAD: £237,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 18 TEN ACRE WAY: £61,950 (Sold on 06 Jan 1995)
Detached
- The average price is around £216,900 median price is £178,498 Standard Deviation is £150,492 with Total Sold: 418
- The Last 5 Year average price is £480,500 with Total Sold: 51
- The most recent sale happened at this postcode is , 67 PARKFIELD ROAD: £400,000 (Sold on 07 Jun 2024)
- The first recorded sale happened at this postcode is , 26 BURRSTOCK WAY: £79,950 (Sold on 12 Jan 1995)
Flat
- The average price is around £91,048 median price is £85,000 Standard Deviation is £43,204 with Total Sold: 73
- The Last 5 Year average price is £135,364 with Total Sold: 11
- The most recent sale happened at this postcode is 4, FORGE COURT STATION ROAD: £150,000 (Sold on 13 Oct 2023)
- The first recorded sale happened at this postcode is , 181D STATION ROAD: £25,000 (Sold on 25 Oct 1996)
Other
- The average price is around £626,342 median price is £490,000 Standard Deviation is £505,335 with Total Sold: 13
- The Last 5 Year average price is £617,143 with Total Sold: 7
- The most recent sale happened at this postcode is , 5 MOTNEY HILL ROAD: £235,000 (Sold on 24 Jun 2022)
- The first recorded sale happened at this postcode is 6, COPPER HOUSE FARM STATION ROAD: £135,000 (Sold on 14 Sep 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£349,906	£4,253	18
2023	£352,897	£4,654	29
2022	£349,909	£4,407	22
2021	£347,875	£3,949	62
2020	£326,447	£3,860	38
2019	£306,966	£4,051	29
2018	£316,174	£4,065	23
2017	£289,204	£3,789	26
2016	£264,921	£3,518	26
2015	£248,396	£3,256	24
2014	£220,000	£2,892	20
2013	£200,136	£2,683	22
2012	£204,891	£2,755	23
2011	£192,214	£2,448	21
2010	£190,700	£2,120	20
2009	£180,532	£2,176	14
2008	£179,000	£2,416	14
2007	£210,841	£2,482	41
2006	£183,921	£2,315	35
2005	£177,833	£2,682	21
2004	£162,725	£2,225	26
2003	£149,076	£1,677	29
2002	£130,591	£1,928	27
2001	£106,663	£1,383	53
2000	£92,205	£1,337	32
1999	£76,198	£981	33
1998	£78,171	£967	36
1997	£70,217	£923	32
1996	£68,348	£896	35
1995	£59,899	£734	31

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£297,632	£4,577	19
2023	£286,060	£4,030	25
2022	£296,565	£3,928	23
2021	£267,356	£3,626	57
2020	£258,337	£3,351	26
2019	£238,768	£3,194	28
2018	£240,547	£3,270	32
2017	£230,875	£3,232	38
2016	£230,680	£3,220	30
2015	£190,988	£2,736	37
2014	£168,201	£2,483	37
2013	£154,519	£2,030	32
2012	£148,519	£2,015	27
2011	£148,125	£1,904	12
2010	£145,621	£2,047	31
2009	£137,261	£2,020	23
2008	£168,000	£2,155	29
2007	£164,366	£2,225	60
2006	£151,961	£2,035	57
2005	£149,978	£2,130	35
2004	£131,947	£1,896	48
2003	£122,027	£1,833	43
2002	£110,753	£1,547	59
2001	£83,416	£1,144	60
2000	£73,690	£1,059	57
1999	£67,732	£972	46
1998	£57,015	£843	56
1997	£55,062	£860	69
1996	£51,998	£739	74
1995	£48,705	£790	44

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£352,500		2
2023	£429,400	£3,966	5
2022	£490,000	£4,712	1
2021	£478,661	£4,272	31
2020	£468,100	£3,822	5
2019	£569,214	£5,043	7
2018	£428,125	£3,830	16
2017	£368,125	£3,860	4
2016	£337,583	£4,159	6
2015	£399,450	£3,456	10
2014	£264,583	£2,847	6
2013	£252,071	£3,052	7
2012	£221,428	£2,116	7
2011	£248,056	£2,998	9
2010	£225,000	£2,493	5
2009	£254,800	£2,193	10
2008	£253,200	£3,045	5
2007	£264,036	£3,013	14
2006	£246,230	£2,734	13
2005	£247,533	£2,711	15
2004	£248,375	£2,835	8
2003	£209,529	£2,465	17
2002	£171,608	£2,018	18
2001	£151,622	£1,755	16
2000	£131,081	£1,492	18
1999	£118,264	£1,086	17
1998	£115,256	£1,100	25
1997	£94,572	£1,114	31
1996	£86,529	£901	54
1995	£89,239	£891	36

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£160,000	£2,836	2
2022	£190,000		1
2021	£127,500	£2,775	2
2020	£124,667	£2,504	3
2019	£116,667	£2,561	3
2018	£107,500	£2,691	2
2017	£127,000	£1,561	2
2016	£86,500	£2,262	2
2015	£124,857	£2,220	7
2014	£105,571	£1,885	7
2013	£93,500	£2,078	2
2012	£91,000	£1,649	2
2010	£74,167	£1,708	3
2009	£40,000	£1,000	1
2008	£78,125	£1,844	4
2007	£131,374	£2,486	4
2006	£69,500	£1,840	2
2005	£93,167	£1,944	3
2004	£60,000	£1,538	1
2003	£74,500	£1,479	2
2002	£54,166	£1,124	6
2001	£51,750	£1,157	4
2000	£28,000	£651	1
1999	£41,000	£652	3
1998	£35,250	£762	2
1997	£27,000	£750	1
1996	£25,000	£625	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£235,000	£1,478	1
2021	£867,500	£8,421	2
2020	£316,667	£4,869	3
2019	£1,400,000	£12,963	1
2018	£568,750	£7,407	3
2017	£990,600	£8,240	2
2016	£135,000	£1,552	1

House Type in ME8 7PL area

The most common house types in the ME8 7PL postcode area are Terraced (90), Semi-detached (34), and Detached (6).

Total	132
Terraced	90
Semi-detached	34
Detached	6
Flat	2
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 outright (52), and Owned: Owns with a mortgage or loan (51).

Owned: Owns outright	52
Owned: Owns with a mortgage or loan	51
Private rented: Private landlord or letting agency	15
Shared ownership: Shared ownership	11
Social rented: Other social rented	3
Private rented: Other private rented	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the ME8 7PL have 2 people in household (58), and 1 person in household (32).

2 people in household	58
1 person in household	32
4 people in household	23
3 people in household	17
5 people in household	4
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0