Housing Market Analysis for SOLOMON ROAD, ME8 8BT

Are you looking to understand ME8 8BT 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 8BT area, explore the ME8 8BT Area information page.
For comprehensive crime statistics in the ME8 8BT area, explore the ME8 8BT Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME8 8BT postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £230,000 median price is £230,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 93 SOLOMON ROAD: £230,000 (Sold on 01 Jun 2018)
    • The first recorded sale happened at this postcode is 93 SOLOMON ROAD: £230,000 (Sold on 01 Jun 2018)

Sold Price Trend Over the Years:

Below table and chart gives the average ME8 8BT 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
2018£230,000 £2,840 1

All the Sales in the SOLOMON ROAD, ME8 8BT

See the table below for more details on the sold house prices in the ME8 8BT, Medway postcode.

AddressSold DatePrice% Change
93 SOLOMON ROADTerraced, FreeholdArea: 81 Sq.mtrAge: 1991-199501 Jun 2018£230,000First Sale

Check out the sold house prices near the ME8 8BT postcode. Properties currently for saleProperties currently for rent

SOLOMON ROAD, ME8 8BT Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME8 8BT 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 8BT postcode.

  • Detached
    • The average price is around £299,884 median price is £275,000 Standard Deviation is £157,871 with Total Sold: 215
    • The Last 5 Year average price is £466,498 with Total Sold: 66
    • The most recent sale happened at this postcode is , 2 BRAMLING WAY: £525,000 (Sold on 23 Sep 2024)
    • The first recorded sale happened at this postcode is , 3 MOOR STREET: £33,000 (Sold on 20 Jun 1995)
  • Flat
    • The average price is around £106,943 median price is £104,500 Standard Deviation is £55,175 with Total Sold: 714
    • The Last 5 Year average price is £166,227 with Total Sold: 116
    • The most recent sale happened at this postcode is , 20 MERESBOROUGH ROAD: £150,000 (Sold on 20 Sep 2024)
    • The first recorded sale happened at this postcode is , 40 MAPLINS CLOSE: £30,500 (Sold on 04 Jan 1995)
  • Terraced
    • The average price is around £146,545 median price is £139,000 Standard Deviation is £77,747 with Total Sold: 1,647
    • The Last 5 Year average price is £259,172 with Total Sold: 266
    • 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 , 293 HIGH STREET: £29,500 (Sold on 14 Jan 1995)
  • Semi-Detached
    • The average price is around £176,765 median price is £160,000 Standard Deviation is £97,082 with Total Sold: 716
    • The Last 5 Year average price is £315,261 with Total Sold: 120
    • The most recent sale happened at this postcode is , 21 OASTVIEW: £335,000 (Sold on 27 Aug 2024)
    • The first recorded sale happened at this postcode is , 24 IVY STREET: £29,000 (Sold on 06 Jan 1995)
  • Other
    • The average price is around £492,577 median price is £230,000 Standard Deviation is £964,305 with Total Sold: 33
    • The Last 5 Year average price is £266,723 with Total Sold: 19
    • 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£455,500 £4,882 5
2023£442,429 £3,894 7
2022£460,000 £5,349 1
2021£423,200 £4,095 10
2020£498,685 £3,638 8
2019£478,082 £4,028 35
2018£432,608 £3,972 18
2017£326,375 £3,680 4
2016£310,786 £3,162 7
2015£361,667 £3,872 3
2014£284,062 £2,673 8
2013£254,417 £2,830 6
2012£242,062 £2,181 8
2011£252,500 £2,819 4
2010£191,817 £2,140 3
2009£190,000 £2,100 5
2008£189,250 £1,600 4
2007£242,543 £2,489 7
2006£253,200 £1,970 5
2005£246,000 £3,023 4
2004£272,917 £3,136 6
2003£228,199 £2,109 5
2002£162,214 £2,037 7
2001£143,000 £1,365 3
2000£115,312 £1,077 8
1999£143,750 £1,150 2
1998£93,938 £1,048 8
1997£90,958 £882 12
1996£85,312 £797 8
1995£69,750 £937 4
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£169,333 £3,837 12
2023£164,533 £3,280 15
2022£173,306 £3,363 18
2021£173,033 £3,227 30
2020£148,086 £3,074 21
2019£168,100 £3,326 20
2018£193,172 £3,326 32
2017£148,029 £2,812 17
2016£141,236 £2,704 22
2015£126,361 £2,479 36
2014£106,779 £2,084 31
2013£101,913 £1,829 23
2012£108,400 £1,903 15
2011£116,364 £2,177 11
2010£105,077 £2,005 13
2009£100,692 £2,007 13
2008£109,631 £2,015 19
2007£117,833 £2,200 30
2006£111,665 £2,100 27
2005£118,812 £2,117 39
2004£126,847 £2,377 37
2003£85,766 £1,707 30
2002£63,930 £1,285 29
2001£54,750 £1,051 30
2000£44,698 £843 29
1999£40,720 £779 34
1998£36,537 £657 19
1997£32,418 £633 29
1996£31,500 £579 15
1995£37,152 £719 18
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£261,453 £3,263 17
2023£285,115 £3,604 48
2022£284,512 £3,648 43
2021£256,464 £3,155 67
2020£243,042 £3,072 36
2019£229,870 £2,839 55
2018£226,173 £2,809 52
2017£232,726 £2,803 66
2016£218,663 £2,666 47
2015£181,736 £2,382 54
2014£165,157 £2,053 53
2013£140,260 £1,804 47
2012£144,693 £1,762 39
2011£139,737 £1,777 43
2010£137,767 £1,657 30
2009£144,358 £1,762 34
2008£154,469 £2,103 33
2007£157,320 £1,960 75
2006£143,770 £1,837 87
2005£149,499 £1,889 71
2004£128,479 £1,645 59
2003£115,586 £1,512 52
2002£98,658 £1,276 82
2001£79,353 £1,019 87
2000£68,810 £955 61
1999£60,250 £774 68
1998£56,707 £719 71
1997£50,709 £624 64
1996£47,852 £565 63
1995£46,172 £626 43
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£320,710 £3,767 11
2023£343,333 £4,105 18
2022£327,350 £3,807 13
2021£316,217 £3,565 23
2020£277,395 £3,477 19
2019£314,568 £3,524 36
2018£316,820 £3,246 28
2017£270,453 £3,158 19
2016£243,017 £3,116 26
2015£225,961 £2,844 13
2014£205,176 £2,185 17
2013£197,083 £2,166 12
2012£158,325 £1,898 20
2011£182,567 £1,927 15
2010£168,206 £1,877 17
2009£163,962 £1,968 13
2008£184,154 £1,932 13
2007£183,858 £2,126 41
2006£170,410 £2,036 40
2005£162,739 £2,064 25
2004£155,947 £1,922 29
2003£132,558 £1,657 34
2002£122,437 £1,443 35
2001£99,283 £1,265 34
2000£81,318 £1,032 32
1999£74,501 £855 25
1998£66,495 £778 26
1997£65,206 £803 32
1996£61,143 £682 24
1995£56,276 £633 26
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£123,750 £2,085 4
2022£206,368 £6,122 2
2021£196,000 £2,987 5
2020£471,0024
2019£324,0004
2018£262,050 £2,589 6
2017£1,479,167 £6,678 6
2016£175,000 £3,646 1
2015£565,0001

House Type in ME8 8BT area

The most common house types in the ME8 8BT postcode area are Terraced (79), Semi-detached (24), and Flat (6).

Total113
Terraced79
Semi-detached24
Flat6
Detached3
temporary structure1
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (32), and Owned: Owns with a mortgage or loan (27).

Social rented: Rents from council or Local Authority32
Owned: Owns with a mortgage or loan27
Owned: Owns outright20
Social rented: Other social rented18
Private rented: Private landlord or letting agency14
Shared ownership: Shared ownership1
Does not apply0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the ME8 8BT have 2 people in household (37), and 1 person in household (25).

2 people in household37
1 person in household25
3 people in household21
4 people in household17
5 people in household9
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0