Housing Market Analysis for PARKFIELD ROAD, ME8 7SZ

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

Overview of Sold House prices

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

Terraced
- The average price is around £291,667 median price is £265,000 Standard Deviation is £87,781 with Total Sold: 3
- The Last 5 Year average price is £410,000 with Total Sold: 1
- The most recent sale happened at this postcode is 60 PARKFIELD ROAD: £410,000 (Sold on 28 Feb 2024)
- The first recorded sale happened at this postcode is 44 PARKFIELD ROAD: £200,000 (Sold on 30 Nov 2007)
Semi-Detached
- The average price is around £193,379 median price is £181,000 Standard Deviation is £90,565 with Total Sold: 29
- The Last 5 Year average price is £333,500 with Total Sold: 4
- The most recent sale happened at this postcode is 45 PARKFIELD ROAD: £327,000 (Sold on 05 Aug 2021)
- The first recorded sale happened at this postcode is 51 PARKFIELD ROAD: £78,500 (Sold on 30 Sep 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average ME8 7SZ 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
2024	£410,000		1
2016	£265,000	£3,333	1
2007	£200,000	£2,516	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£327,000	£4,139	1
2020	£328,500	£3,714	2
2019	£350,000	£3,333	1
2018	£292,500	£4,584	2
2017	£330,000	£3,976	1
2015	£290,000	£2,595	1
2014	£225,500	£2,408	2
2012	£183,000		1
2008	£227,000		1
2007	£197,000		1
2006	£168,000	£1,585	1
2005	£173,000	£3,235	2
2003	£177,500	£1,585	1
2002	£155,124	£1,361	4
2001	£117,000	£1,147	2
2000	£97,995		1
1999	£77,000		1
1998	£57,500	£503	2
1997	£87,500	£862	2

All the Sales in the PARKFIELD ROAD, ME8 7SZ

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

Address	Sold Date	Price	% Change
60 PARKFIELD ROADTerraced, Freehold	28 Feb 2024	£410,000	First Sale
45 PARKFIELD ROADSemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1950-1966	05 Aug 2021	£327,000	First Sale
46 PARKFIELD ROADSemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1950-1966	22 Jun 2020	£310,000	First Sale
42 PARKFIELD ROADSemi-Detached, FreeholdArea: 102 Sq.mtrAge: 1950-1966	29 May 2020	£347,000	196.58%
	29 Jun 2001	£117,000	First Sale
70 PARKFIELD ROADSemi-Detached, FreeholdArea: 105 Sq.mtrAge: 1967-1975	30 Apr 2019	£350,000	134.11%
	19 Aug 2002	£149,500	First Sale
37 PARKFIELD ROADSemi-Detached, FreeholdArea: 51 Sq.mtrAge: 1950-1966	05 Oct 2018	£325,000	96.97%
	28 Jan 2005	£165,000	First Sale
76 PARKFIELD ROADSemi-Detached, FreeholdArea: 93 Sq.mtrAge: 1950-1966	28 Sep 2018	£260,000	First Sale
56 PARKFIELD ROADSemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1930-1949	09 Oct 2017	£330,000	53.49%
	02 Oct 2014	£215,000	First Sale
44 PARKFIELD ROADTerraced, FreeholdArea: 79.5 Sq.mtrAge: 1950-1966	19 Aug 2016	£265,000	32.50%
	30 Nov 2007	£200,000	First Sale
62 PARKFIELD ROADSemi-Detached, FreeholdArea: 111.75 Sq.mtrAge: 1950-1966	27 Nov 2015	£290,000	100.01%
	04 Jan 2002	£144,995	First Sale
66 PARKFIELD ROADSemi-Detached, FreeholdArea: 106 Sq.mtrAge: 1950-1966	10 Jan 2014	£236,000	40.48%
	31 Mar 2006	£168,000	110.00%
	30 Oct 1998	£80,000	First Sale
31 PARKFIELD ROADSemi-Detached, Freehold	30 Mar 2012	£183,000	-19.38%
31 PARKFIELD ROADSemi-Detached, Freehold	17 Nov 2008	£227,000	First Sale
33 PARKFIELD ROADSemi-Detached, Freehold	12 Jun 2007	£197,000	First Sale
43 PARKFIELD ROADSemi-Detached, Freehold	15 Jul 2005	£181,000	First Sale
64 PARKFIELD ROADSemi-Detached, FreeholdArea: 112 Sq.mtrAge: 1950-1966	25 Nov 2003	£177,500	83.94%
	03 Nov 1997	£96,500	First Sale
49 PARKFIELD ROADSemi-Detached, Freehold	17 Oct 2002	£196,000	First Sale
72 PARKFIELD ROADSemi-Detached, Freehold	11 Jan 2002	£130,000	First Sale
39 PARKFIELD ROADSemi-Detached, Freehold	23 Mar 2001	£117,000	19.39%
39 PARKFIELD ROADSemi-Detached, Freehold	18 Feb 2000	£97,995	First Sale
41 PARKFIELD ROADSemi-Detached, Freehold	26 Aug 1999	£77,000	First Sale
54 PARKFIELD ROADSemi-Detached, FreeholdArea: 139 Sq.mtrAge: 1930-1949	20 May 1998	£35,000	First Sale
51 PARKFIELD ROADSemi-Detached, Freehold	30 Sep 1997	£78,500	First Sale

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

PARKFIELD ROAD, ME8 7SZ Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £203,031 median price is £193,000 Standard Deviation is £100,733 with Total Sold: 1,165
- The Last 5 Year average price is £332,330 with Total Sold: 263
- 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 £141,854 median price is £132,000 Standard Deviation is £78,143 with Total Sold: 1,002
- The Last 5 Year average price is £254,977 with Total Sold: 148
- 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 £124,716 median price is £123,750 Standard Deviation is £56,788 with Total Sold: 410
- The Last 5 Year average price is £176,970 with Total Sold: 82
- The most recent sale happened at this postcode is , 40 MAPLINS CLOSE: £100,000 (Sold on 22 Aug 2024)
- The first recorded sale happened at this postcode is , 40 MAPLINS CLOSE: £30,500 (Sold on 04 Jan 1995)
Other
- The average price is around £2,686,465 median price is £264,000 Standard Deviation is £11,027,205 with Total Sold: 40
- The Last 5 Year average price is £3,136,941 with Total Sold: 28
- The most recent sale happened at this postcode is , 41 HOLMOAKS: £340,700 (Sold on 12 Aug 2024)
- The first recorded sale happened at this postcode is , 113 STATION ROAD: £565,000 (Sold on 28 May 2015)
Detached
- The average price is around £286,466 median price is £249,000 Standard Deviation is £194,375 with Total Sold: 237
- The Last 5 Year average price is £491,310 with Total Sold: 68
- 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)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£344,488	£4,524	16
2023	£348,168	£4,293	45
2022	£363,142	£4,451	39
2021	£332,802	£4,208	80
2020	£310,864	£4,082	33
2019	£303,566	£3,868	50
2018	£311,688	£4,088	32
2017	£297,354	£3,888	37
2016	£260,618	£3,480	38
2015	£251,511	£3,280	35
2014	£208,687	£2,710	32
2013	£199,904	£2,535	47
2012	£194,643	£2,521	27
2011	£183,965	£2,402	29
2010	£184,685	£2,185	27
2009	£181,229	£2,215	26
2008	£195,935	£2,209	23
2007	£202,236	£2,420	63
2006	£184,194	£2,160	46
2005	£174,750	£2,286	36
2004	£170,146	£2,176	40
2003	£148,740	£1,733	33
2002	£143,354	£1,886	41
2001	£110,185	£1,317	48
2000	£93,968	£1,238	44
1999	£80,830	£1,000	34
1998	£78,348	£834	35
1997	£73,158	£864	41
1996	£65,656	£834	47
1995	£60,510	£648	41

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£281,580	£3,934	15
2023	£258,794	£3,689	17
2022	£278,111	£3,715	27
2021	£263,542	£3,471	40
2020	£231,929	£3,239	19
2019	£221,867	£2,985	30
2018	£231,118	£2,999	34
2017	£229,216	£3,106	36
2016	£220,304	£2,812	24
2015	£189,904	£2,683	26
2014	£167,083	£2,279	30
2013	£147,541	£1,989	27
2012	£142,037	£2,013	23
2011	£137,190	£1,933	21
2010	£137,875	£1,938	30
2009	£128,476	£1,782	21
2008	£167,464	£2,272	28
2007	£156,150	£2,121	53
2006	£141,882	£1,955	51
2005	£138,678	£1,906	32
2004	£127,903	£1,625	42
2003	£120,905	£1,661	38
2002	£97,324	£1,351	48
2001	£78,185	£1,131	48
2000	£69,133	£946	44
1999	£59,138	£850	41
1998	£52,410	£731	50
1997	£47,777	£645	34
1996	£45,318	£555	41
1995	£46,539	£683	32

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£171,500	£3,738	8
2023	£194,556	£3,465	9
2022	£216,237	£3,403	19
2021	£165,382	£3,127	17
2020	£144,542	£2,742	12
2019	£160,824	£3,273	17
2018	£154,781	£2,754	8
2017	£152,479	£2,746	12
2016	£154,235	£2,808	17
2015	£136,426	£2,529	27
2014	£109,375	£1,997	18
2013	£113,050	£2,048	10
2012	£121,700	£2,104	10
2011	£120,444	£2,279	9
2010	£120,300	£2,223	10
2009	£111,642	£2,209	7
2008	£117,600	£1,994	10
2007	£142,998	£2,418	38
2006	£120,934	£2,130	16
2005	£130,847	£2,224	25
2004	£137,670	£2,558	27
2003	£87,587	£1,704	17
2002	£53,499	£1,220	8
2001	£53,346	£1,014	13
2000	£48,333	£899	9
1999	£39,818	£732	11
1998	£34,058	£602	6
1997	£32,945	£569	11
1996	£27,125	£470	4
1995	£34,399	£656	5

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£340,700		1
2023	£245,000	£2,412	5
2022	£2,291,440	£6,122	6
2021	£323,000	£3,037	4
2020	£11,633,667		6
2019	£237,667		6
2018	£5,249,500	£215,493	3
2017	£439,750	£10,513	6
2016	£336,125		2
2015	£565,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£801,750	£29,377	4
2023	£506,750	£4,210	4
2022	£482,333	£6,251	3
2021	£494,942	£4,290	30
2020	£461,576	£3,942	19
2019	£388,738	£4,289	8
2018	£384,667	£3,490	6
2017	£309,286	£3,455	7
2016	£291,429	£3,295	7
2015	£355,000	£3,743	4
2014	£206,600	£2,331	5
2013	£221,500	£2,625	6
2012	£246,500	£2,668	9
2011	£243,828	£2,781	5
2010	£293,750	£3,232	2
2009	£200,000	£1,977	5
2008	£273,667	£2,324	6
2007	£251,571	£3,024	14
2006	£257,874	£2,867	8
2005	£253,250	£2,698	8
2004	£249,500	£4,658	5
2003	£185,000	£2,125	8
2002	£111,888	£2,115	9
2001	£146,900	£1,849	5
2000	£134,577	£982	13
1999	£113,124	£1,209	4
1998	£111,286	£1,193	7
1997	£99,550	£1,072	19
1996	£86,740	£780	5
1995	£67,500	£635	2

House Type in ME8 7SZ area

The most common house types in the ME8 7SZ postcode area are Semi-detached (103), Terraced (26), and Detached (4).

Total	134
Semi-detached	103
Terraced	26
Detached	4
converted building	1
Flat	0
Shared house	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 (69), and Owned: Owns with a mortgage or loan (49).

Owned: Owns outright	69
Owned: Owns with a mortgage or loan	49
Private rented: Private landlord or letting agency	12
Private rented: Other private rented	3
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 7SZ have 2 people in household (50), and 1 person in household (31).

2 people in household	50
1 person in household	31
3 people in household	28
4 people in household	19
5 people in household	6
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0