Housing Market Analysis for CHERRY TREE ROAD, ME8 8JU

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £375,000 median price is £375,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £375,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 15 CHERRY TREE ROAD: £375,000 (Sold on 11 Jan 2023)
    • The first recorded sale happened at this postcode is 15 CHERRY TREE ROAD: £375,000 (Sold on 11 Jan 2023)
  • Detached
    • The average price is around £354,975 median price is £354,975 Standard Deviation is £105,025 with Total Sold: 2
    • The Last 5 Year average price is £460,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 18 CHERRY TREE ROAD: £460,000 (Sold on 25 Oct 2021)
    • The first recorded sale happened at this postcode is 18 CHERRY TREE ROAD: £249,950 (Sold on 31 Aug 2010)
  • Semi-Detached
    • The average price is around £201,108 median price is £202,500 Standard Deviation is £93,064 with Total Sold: 18
    • The Last 5 Year average price is £333,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 1 CHERRY TREE ROAD: £275,000 (Sold on 13 Feb 2020)
    • The first recorded sale happened at this postcode is 19 CHERRY TREE ROAD: £65,000 (Sold on 26 May 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average ME8 8JU 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
2023£375,000 £5,068 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£460,000 £5,227 1
2010£249,950 £2,840 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£275,000 £2,957 1
2018£325,000 £4,364 2
2016£257,500 £3,270 2
2014£215,0001
2012£195,250 £2,469 4
2011£205,000 £3,149 1
2002£129,950 £1,585 1
2001£127,500 £1,959 1
2000£94,748 £1,298 2
2023£392,0001
1995£70,000 £808 2

All the Sales in the CHERRY TREE ROAD, ME8 8JU

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

AddressSold DatePrice% Change
15 CHERRY TREE ROADTerraced, FreeholdArea: 74 Sq.mtrAge: 1950-196611 Jan 2023£375,000First Sale
18 CHERRY TREE ROADDetached, FreeholdArea: 88 Sq.mtrAge: 1967-197525 Oct 2021£460,00084.04%
31 Aug 2010£249,950First Sale
1 CHERRY TREE ROADSemi-Detached, FreeholdArea: 93 Sq.mtrAge: 1950-196613 Feb 2020£275,00037.50%
24 Oct 2016£200,000First Sale
8 CHERRY TREE ROADSemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1950-196614 Dec 2018£325,000First Sale
11 CHERRY TREE ROADSemi-Detached, FreeholdArea: 65.1 Sq.mtrAge: 1967-197526 Oct 2018£325,00058.54%
06 Dec 2011£205,00060.78%
30 Nov 2001£127,50041.67%
14 Apr 2000£89,995First Sale
16 CHERRY TREE ROADSemi-Detached, FreeholdArea: 71.76 Sq.mtrAge: 1967-197526 Oct 2016£315,00060.71%
17 Dec 2012£196,00026.45%
29 Mar 2012£155,000First Sale
17 CHERRY TREE ROADSemi-Detached, Freehold27 Nov 2014£215,000First Sale
14 CHERRY TREE ROADSemi-Detached, FreeholdArea: 91 Sq.mtrAge: 1950-196630 Nov 2012£215,000First Sale
19 CHERRY TREE ROADSemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1967-197528 Sep 2012£215,00065.45%
12 Apr 2002£129,95030.60%
14 Feb 2000£99,50053.08%
26 May 1995£65,000First Sale
13 CHERRY TREE ROADSemi-Detached, Freehold20 Oct 2023£392,000422.67%
22 Sep 1995£75,000First Sale

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

CHERRY TREE ROAD, ME8 8JU Near By properties

Interactive Map

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

  • Detached
    • The average price is around £299,356 median price is £270,000 Standard Deviation is £175,697 with Total Sold: 334
    • The Last 5 Year average price is £472,875 with Total Sold: 52
    • 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 , 4 THAMES AVENUE: £67,000 (Sold on 24 Apr 1995)
  • Terraced
    • The average price is around £145,489 median price is £137,675 Standard Deviation is £78,899 with Total Sold: 1,324
    • The Last 5 Year average price is £271,000 with Total Sold: 152
    • 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 £188,360 median price is £170,000 Standard Deviation is £102,971 with Total Sold: 782
    • The Last 5 Year average price is £334,650 with Total Sold: 85
    • 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)
  • Flat
    • The average price is around £132,725 median price is £135,000 Standard Deviation is £56,744 with Total Sold: 460
    • The Last 5 Year average price is £184,143 with Total Sold: 63
    • 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 £2,101,270 median price is £232,500 Standard Deviation is £9,939,244 with Total Sold: 48
    • The Last 5 Year average price is £3,645,787 with Total Sold: 24
    • The most recent sale happened at this postcode is , 66 WHEATCROFT GROVE: £311,000 (Sold on 25 Mar 2024)
    • 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£630,500 £10,987 9
2023£464,167 £3,959 6
2022£453,625 £5,680 4
2021£448,967 £4,214 15
2020£421,166 £3,810 18
2019£476,917 £4,001 38
2018£461,858 £3,906 29
2017£322,350 £3,666 10
2016£320,727 £3,234 11
2015£325,900 £3,361 4
2014£247,364 £2,719 11
2013£241,278 £2,652 9
2012£232,624 £2,462 8
2011£260,833 £2,525 6
2010£269,850 £2,439 7
2009£205,333 £2,247 6
2008£205,571 £1,899 7
2007£264,843 £2,793 14
2006£237,545 £2,500 11
2005£219,500 £3,208 2
2004£253,500 £3,145 9
2003£222,554 £1,977 9
2002£172,656 £1,884 16
2001£153,999 £1,450 9
2000£143,998 £1,363 25
1999£132,833 £1,157 3
1998£112,231 £994 13
1997£89,650 £944 13
1996£100,993 £855 7
1995£84,500 £953 5
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£272,100 £3,425 17
2023£288,179 £3,695 28
2022£281,717 £3,612 30
2021£264,682 £3,291 47
2020£253,525 £2,944 30
2019£234,625 £2,888 36
2018£230,231 £2,842 36
2017£235,154 £2,910 49
2016£229,234 £2,664 45
2015£181,382 £2,350 33
2014£182,968 £2,246 44
2013£148,770 £1,931 36
2012£144,807 £1,835 28
2011£148,520 £1,956 33
2010£148,571 £1,832 35
2009£143,599 £1,746 27
2008£153,558 £2,138 26
2007£160,335 £1,914 52
2006£148,064 £1,897 70
2005£147,166 £1,902 57
2004£132,650 £1,763 42
2003£125,552 £1,630 51
2002£103,456 £1,349 74
2001£83,140 £1,060 83
2000£69,366 £930 52
1999£62,182 £779 55
1998£55,864 £705 65
1997£51,903 £633 63
1996£49,646 £570 41
1995£47,706 £625 39
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£293,29511
2023£373,794 £4,649 17
2022£375,933 £4,441 15
2021£353,211 £3,991 19
2020£283,239 £3,573 23
2019£315,987 £3,570 41
2018£334,602 £3,361 29
2017£290,596 £3,562 27
2016£272,840 £3,449 25
2015£246,421 £2,900 19
2014£243,824 £2,528 17
2013£211,375 £2,361 16
2012£194,834 £2,294 22
2011£212,470 £2,172 17
2010£189,906 £2,243 16
2009£182,250 £2,093 19
2008£202,412 £2,148 17
2007£198,921 £2,304 42
2006£180,326 £2,097 38
2005£161,304 £2,051 23
2004£167,846 £2,100 26
2003£143,999 £1,870 36
2002£130,142 £1,543 31
2001£108,825 £1,239 36
2000£92,806 £1,100 31
1999£90,666 £945 30
1998£81,121 £850 32
1997£66,907 £770 44
1996£65,910 £742 32
1995£58,500 £695 31
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£171,500 £3,837 8
2023£192,611 £3,593 9
2022£198,357 £3,616 14
2021£186,357 £3,272 21
2020£164,091 £3,185 11
2019£180,300 £3,442 20
2018£210,554 £3,424 28
2017£178,562 £3,117 16
2016£167,952 £2,973 21
2015£142,370 £2,598 23
2014£116,038 £2,203 13
2013£117,538 £2,072 13
2012£129,375 £2,218 8
2011£120,500 £2,293 10
2010£140,071 £2,443 7
2009£123,582 £2,411 6
2008£128,100 £2,121 10
2007£142,852 £2,423 41
2006£126,386 £2,180 18
2005£134,667 £2,249 25
2004£135,304 £2,453 34
2003£89,332 £1,745 15
2002£81,213 £1,407 7
2001£69,761 £1,279 21
2000£50,889 £935 9
1999£45,933 £833 15
1998£38,950 £679 8
1997£34,030 £605 13
1996£38,000 £592 4
1995£40,625 £740 12
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£311,000 £3,987 1
2023£192,250 £2,085 6
2022£2,697,128 £6,122 5
2021£189,958 £2,746 6
2020£11,901,502 £2,417 6
2019£237,6676
2018£209,1507
2017£1,132,750 £6,867 8
2016£422,500 £3,646 2
2015£565,0001

House Type in ME8 8JU area

The most common house types in the ME8 8JU postcode area are Semi-detached (83), Terraced (53), and Detached (5).

Total141
Semi-detached83
Terraced53
Detached5
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (70), and Owned: Owns with a mortgage or loan (60).

Owned: Owns outright70
Owned: Owns with a mortgage or loan60
Private rented: Private landlord or letting agency7
Private rented: Other private rented2
Shared ownership: Shared ownership1
Social rented: Rents from council or Local Authority1
Does not apply0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the ME8 8JU have 2 people in household (46), and 1 person in household (42).

2 people in household46
1 person in household42
4 people in household25
3 people in household20
5 people in household6
7 people in household2
0 people in household0
6 people in household0
8 or more people in household0