Housing Market Analysis for SOLOMON ROAD, ME8 8BX

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £149,500 median price is £140,000 Standard Deviation is £62,213 with Total Sold: 3
    • The most recent sale happened at this postcode is 114 SOLOMON ROAD: £230,000 (Sold on 13 Jul 2018)
    • The first recorded sale happened at this postcode is 114 SOLOMON ROAD: £78,500 (Sold on 28 Nov 2001)
  • Semi-Detached
    • The average price is around £160,000 median price is £160,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 110 SOLOMON ROAD: £160,000 (Sold on 17 Apr 2015)
    • The first recorded sale happened at this postcode is 110 SOLOMON ROAD: £160,000 (Sold on 17 Apr 2015)

Sold Price Trend Over the Years:

Below table and chart gives the average ME8 8BX 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 £2,987 1
2010£140,000 £1,818 1
2001£78,500 £1,019 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£160,000 £2,286 1

All the Sales in the SOLOMON ROAD, ME8 8BX

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

AddressSold DatePrice% Change
114 SOLOMON ROADTerraced, FreeholdArea: 77 Sq.mtrAge: 1950-196613 Jul 2018£230,00064.29%
20 Sep 2010£140,00078.34%
28 Nov 2001£78,500First Sale
110 SOLOMON ROADSemi-Detached, FreeholdArea: 70 Sq.mtrAge: 1950-196617 Apr 2015£160,000First Sale

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

SOLOMON ROAD, ME8 8BX Near By properties

Interactive Map

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

  • Detached
    • The average price is around £312,630 median price is £298,500 Standard Deviation is £162,858 with Total Sold: 189
    • The Last 5 Year average price is £471,178 with Total Sold: 61
    • 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 £108,742 median price is £105,000 Standard Deviation is £55,573 with Total Sold: 655
    • The Last 5 Year average price is £168,199 with Total Sold: 107
    • 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 £149,076 median price is £142,000 Standard Deviation is £78,805 with Total Sold: 1,261
    • The Last 5 Year average price is £263,035 with Total Sold: 198
    • 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 £174,326 median price is £159,995 Standard Deviation is £96,135 with Total Sold: 634
    • The Last 5 Year average price is £317,396 with Total Sold: 92
    • 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 £546,269 median price is £236,000 Standard Deviation is £1,016,386 with Total Sold: 29
    • The Last 5 Year average price is £291,484 with Total Sold: 16
    • The most recent sale happened at this postcode is , 76 STATION ROAD: £40,000 (Sold on 11 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£445,333 £3,947 6
2022£460,000 £5,349 1
2021£415,778 £3,948 9
2020£520,354 £3,523 7
2019£483,268 £4,059 33
2018£443,231 £3,916 17
2017£341,167 £3,760 3
2016£328,875 £3,319 4
2015£352,500 £3,413 2
2014£304,083 £2,670 6
2013£255,500 £2,739 5
2012£242,062 £2,181 8
2011£258,500 £2,886 2
2010£281,362 £1,947 4
2009£207,500 £1,958 2
2008£239,400 £2,130 5
2007£240,114 £2,343 7
2006£298,000 £2,243 7
2005£213,500 £2,985 2
2004£290,417 £3,000 6
2003£230,249 £1,895 4
2002£184,099 £2,011 5
2001£136,500 £1,052 2
2000£110,357 £1,177 7
1999£143,750 £1,150 2
1998£77,357 £1,048 7
1997£89,929 £603 7
1996£85,833 £682 9
1995£83,800 £937 5
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£169,333 £3,837 12
2023£164,143 £3,315 14
2022£170,469 £3,363 16
2021£175,034 £3,241 29
2020£150,656 £3,199 18
2019£175,111 £3,417 18
2018£198,884 £3,368 30
2017£150,833 £2,896 15
2016£146,710 £2,753 20
2015£127,931 £2,518 29
2014£107,131 £2,154 24
2013£101,913 £1,829 23
2012£112,571 £1,942 14
2011£116,364 £2,177 11
2010£113,045 £2,108 11
2009£105,750 £2,099 12
2008£117,374 £2,096 16
2007£117,833 £2,200 30
2006£113,718 £2,120 25
2005£120,829 £2,136 37
2004£128,704 £2,402 36
2003£86,851 £1,728 27
2002£67,665 £1,329 24
2001£55,482 £1,042 28
2000£45,083 £852 27
1999£41,677 £789 31
1998£36,872 £651 18
1997£32,418 £633 29
1996£31,346 £576 13
1995£37,152 £719 18
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£264,071 £3,263 14
2023£294,672 £3,572 32
2022£291,062 £3,683 32
2021£259,119 £3,212 51
2020£249,520 £3,118 25
2019£231,531 £2,809 44
2018£228,122 £2,848 41
2017£234,708 £2,820 51
2016£218,174 £2,645 41
2015£184,195 £2,370 42
2014£170,826 £2,105 41
2013£147,704 £1,836 33
2012£148,674 £1,791 29
2011£144,809 £1,812 34
2010£134,413 £1,695 23
2009£143,827 £1,773 25
2008£153,562 £2,055 24
2007£157,705 £1,958 61
2006£147,184 £1,891 68
2005£151,620 £1,922 62
2004£131,435 £1,699 42
2003£117,328 £1,555 41
2002£99,869 £1,271 64
2001£81,410 £1,027 64
2000£68,997 £984 40
1999£61,127 £771 51
1998£57,764 £732 50
1997£52,197 £624 48
1996£47,908 £553 50
1995£46,978 £643 38
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£318,714 £3,767 7
2023£345,409 £4,186 11
2022£338,944 £3,867 9
2021£328,000 £3,798 17
2020£270,324 £3,388 17
2019£320,901 £3,603 31
2018£321,152 £3,283 26
2017£273,907 £3,230 15
2016£243,017 £3,116 26
2015£238,500 £2,902 10
2014£210,928 £2,108 14
2013£197,083 £2,166 12
2012£159,816 £1,920 19
2011£182,567 £1,927 15
2010£175,333 £1,910 15
2009£164,375 £2,006 12
2008£187,083 £1,940 12
2007£179,605 £2,082 35
2006£167,692 £2,053 32
2005£163,039 £2,064 25
2004£160,147 £1,945 27
2003£144,379 £1,755 29
2002£121,555 £1,437 33
2001£105,054 £1,163 30
2000£81,089 £1,047 30
1999£84,125 £861 22
1998£67,603 £791 23
1997£65,381 £803 33
1996£62,063 £682 23
1995£58,104 £640 24
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£86,667 £2,085 3
2022£206,368 £6,122 2
2021£205,000 £2,987 4
2020£625,0033
2019£324,0004
2018£312,610 £2,589 5
2017£1,479,167 £6,678 6
2016£175,000 £3,646 1
2015£565,0001

House Type in ME8 8BX area

The most common house types in the ME8 8BX 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 8BX 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