Housing Market Analysis for GRANARY CLOSE, ME8 7SG

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £150,182 median price is £130,000 Standard Deviation is £77,077 with Total Sold: 11
    • The Last 5 Year average price is £252,667 with Total Sold: 3
    • The most recent sale happened at this postcode is 3 GRANARY CLOSE: £213,000 (Sold on 23 Aug 2019)
    • The first recorded sale happened at this postcode is 15 GRANARY CLOSE: £320,000 (Sold on 14 Nov 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average ME8 7SG 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
2019£219,000 £3,000 2
2018£195,000 £2,746 1
2013£120,000 £1,364 1
2012£130,000 £1,733 1
2008£145,0001
2002£94,500 £1,251 2
2001£60,000 £800 1
1998£55,000 £775 1
2023£320,000 £4,211 1

All the Sales in the GRANARY CLOSE, ME8 7SG

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

AddressSold DatePrice% Change
3 GRANARY CLOSETerraced, FreeholdArea: 71 Sq.mtrAge: 1967-197523 Aug 2019£213,000First Sale
1 GRANARY CLOSETerraced, FreeholdArea: 75 Sq.mtrAge: 1950-196622 Mar 2019£225,00073.08%
19 Oct 2012£130,00054.76%
04 Jan 2002£84,00040.00%
13 Jul 2001£60,000First Sale
9 GRANARY CLOSETerraced, FreeholdArea: 71 Sq.mtrAge: 1976-198202 Feb 2018£195,000254.55%
24 Jun 1998£55,000First Sale
17 GRANARY CLOSETerraced, FreeholdArea: 88 Sq.mtrAge: 1967-197507 Feb 2013£120,000First Sale
11 GRANARY CLOSETerraced, Freehold27 Jun 2008£145,000First Sale
15 GRANARY CLOSETerraced, FreeholdArea: 76 Sq.mtrAge: 1967-197524 May 2002£105,000-67.19%
14 Nov 2023£320,000First Sale

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

GRANARY CLOSE, ME8 7SG Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £193,446 median price is £185,000 Standard Deviation is £97,852 with Total Sold: 1,183
    • The Last 5 Year average price is £325,551 with Total Sold: 227
    • 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 , 24 IVY STREET: £29,000 (Sold on 06 Jan 1995)
  • Terraced
    • The average price is around £141,628 median price is £134,000 Standard Deviation is £76,212 with Total Sold: 1,537
    • The Last 5 Year average price is £256,311 with Total Sold: 221
    • The most recent sale happened at this postcode is , 31 HOTHFIELD ROAD: £220,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 14 MACKLANDS WAY: £52,000 (Sold on 07 Feb 1995)
  • Flat
    • The average price is around £110,840 median price is £106,500 Standard Deviation is £55,368 with Total Sold: 703
    • The Last 5 Year average price is £174,250 with Total Sold: 119
    • The most recent sale happened at this postcode is , 24 DURLING COURT: £182,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 40 MAPLINS CLOSE: £30,500 (Sold on 04 Jan 1995)
  • Detached
    • The average price is around £233,936 median price is £210,000 Standard Deviation is £168,493 with Total Sold: 313
    • The Last 5 Year average price is £467,642 with Total Sold: 50
    • The most recent sale happened at this postcode is , 5 BAIL CLOSE: £475,000 (Sold on 31 Jul 2024)
    • The first recorded sale happened at this postcode is , 69 BERENGRAVE LANE: £58,000 (Sold on 31 Aug 1995)
  • Other
    • The average price is around £1,988,833 median price is £210,000 Standard Deviation is £10,035,109 with Total Sold: 47
    • The Last 5 Year average price is £2,945,788 with Total Sold: 30
    • The most recent sale happened at this postcode is , 25 STATION ROAD: £235,000 (Sold on 19 Dec 2023)
    • The first recorded sale happened at this postcode is , 113 STATION ROAD: £565,000 (Sold on 28 May 2015)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£341,779 £4,389 19
2023£347,306 £4,341 36
2022£352,177 £4,444 37
2021£327,514 £4,140 50
2020£299,808 £3,955 39
2019£300,098 £3,871 46
2018£297,727 £4,056 33
2017£293,940 £3,853 40
2016£254,136 £3,440 40
2015£254,302 £3,282 36
2014£212,132 £2,712 34
2013£202,479 £2,535 47
2012£193,235 £2,559 27
2011£186,333 £2,400 30
2010£185,308 £2,189 26
2009£179,418 £2,236 25
2008£194,975 £2,172 20
2007£202,554 £2,446 68
2006£176,284 £2,147 54
2005£176,128 £2,336 39
2004£162,940 £2,106 44
2003£138,493 £1,655 42
2002£133,160 £1,827 40
2001£106,775 £1,378 61
2000£89,406 £1,233 48
1999£78,352 £974 37
1998£74,589 £889 43
1997£68,962 £867 46
1996£66,822 £852 43
1995£56,755 £611 33
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£282,726 £3,846 23
2023£273,207 £3,706 29
2022£281,947 £3,766 38
2021£259,419 £3,489 55
2020£229,644 £3,162 26
2019£225,327 £3,064 50
2018£225,843 £3,000 51
2017£226,652 £3,035 56
2016£219,987 £2,903 44
2015£183,923 £2,561 45
2014£167,047 £2,188 43
2013£150,319 £1,977 43
2012£142,681 £1,937 35
2011£134,833 £1,854 29
2010£136,065 £1,859 42
2009£131,929 £1,841 33
2008£164,106 £2,201 33
2007£158,618 £2,093 76
2006£144,475 £1,909 82
2005£139,673 £1,915 50
2004£127,991 £1,703 65
2003£120,801 £1,697 61
2002£98,156 £1,337 73
2001£78,571 £1,060 78
2000£70,747 £998 69
1999£59,553 £839 61
1998£54,188 £744 74
1997£52,455 £741 74
1996£45,873 £561 58
1995£46,384 £667 41
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£173,400 £3,837 10
2023£176,533 £3,348 15
2022£205,019 £3,385 26
2021£167,500 £3,188 27
2020£146,931 £2,968 18
2019£167,652 £3,292 23
2018£163,786 £3,047 14
2017£160,000 £2,948 19
2016£151,591 £2,829 24
2015£131,853 £2,512 34
2014£109,448 £2,061 29
2013£104,280 £1,878 25
2012£112,000 £1,940 14
2011£116,750 £2,197 12
2010£106,800 £2,037 15
2009£100,227 £2,049 11
2008£108,794 £1,947 17
2007£134,914 £2,342 53
2006£111,883 £2,056 26
2005£120,254 £2,125 38
2004£128,090 £2,370 37
2003£85,619 £1,702 29
2002£63,845 £1,263 26
2001£61,441 £1,183 34
2000£44,490 £846 27
1999£40,766 £761 30
1998£36,447 £667 17
1997£32,214 £605 24
1996£31,115 £577 13
1995£37,812 £728 16
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£627,071 £17,298 7
2023£461,800 £4,293 5
2022£476,750 £6,026 4
2021£471,100 £4,430 16
2020£427,864 £3,891 11
2019£361,786 £4,024 7
2018£389,333 £3,896 6
2017£324,375 £3,655 8
2016£294,062 £3,545 8
2015£318,750 £3,344 4
2014£241,550 £2,688 10
2013£229,625 £2,947 8
2012£244,750 £2,612 14
2011£245,142 £2,747 8
2010£260,500 £2,335 3
2009£205,000 £2,175 7
2008£273,286 £2,324 7
2007£253,378 £3,065 18
2006£255,856 £2,875 14
2005£233,857 £2,830 7
2004£243,667 £4,055 6
2003£187,778 £2,125 9
2002£142,535 £2,020 14
2001£143,356 £1,731 7
2000£141,336 £1,306 37
1999£104,812 £1,163 8
1998£103,450 £1,135 10
1997£94,019 £1,144 30
1996£86,286 £878 17
1995£63,667 £673 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£232,500 £2,741 6
2022£2,291,440 £6,122 6
2021£284,400 £2,905 5
2020£10,054,571 £2,417 7
2019£237,6676
2018£148,4586
2017£399,786 £6,678 7
2016£282,417 £3,646 3
2015£565,0001

House Type in ME8 7SG area

The most common house types in the ME8 7SG postcode area are Semi-detached (49), Terraced (45), and Flat (21).

Total138
Semi-detached49
Terraced45
Flat21
converted building12
Shared house5
commercial building4
Detached2
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (49), and Owned: Owns outright (42).

Private rented: Private landlord or letting agency49
Owned: Owns outright42
Owned: Owns with a mortgage or loan31
Social rented: Other social rented9
Social rented: Rents from council or Local Authority3
Private rented: Other private rented3
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the ME8 7SG have 1 person in household (54), and 2 people in household (46).

1 person in household54
2 people in household46
4 people in household16
3 people in household13
5 people in household7
6 people in household1
8 or more people in household1
0 people in household0
7 people in household0