Housing Market Analysis for FARNHAM CLOSE, ME8 8NR

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

Overview of Sold House prices

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

Terraced
- The average price is around £164,685 median price is £155,000 Standard Deviation is £94,787 with Total Sold: 51
- The Last 5 Year average price is £294,167 with Total Sold: 12
- The most recent sale happened at this postcode is 54 FARNHAM CLOSE: £301,000 (Sold on 29 Jan 2024)
- The first recorded sale happened at this postcode is 53 FARNHAM CLOSE: £50,000 (Sold on 17 Jan 1995)
Semi-Detached
- The average price is around £116,714 median price is £135,000 Standard Deviation is £41,975 with Total Sold: 7
- The most recent sale happened at this postcode is 45 FARNHAM CLOSE: £135,000 (Sold on 29 Jul 2011)
- The first recorded sale happened at this postcode is 65 FARNHAM CLOSE: £54,000 (Sold on 12 Nov 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average ME8 8NR 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	£308,000	£3,164	2
2023	£304,000	£2,919	3
2022	£395,000	£3,385	2
2021	£257,500	£2,601	2
2020	£231,000	£3,219	2
2019	£235,000	£2,938	1
2018	£256,667	£2,809	3
2016	£210,167	£2,886	3
2015	£191,500	£2,335	1
2014	£162,000	£1,862	2
2013	£146,000	£1,719	2
2012	£154,333	£1,650	3
2011	£121,000	£1,407	1
2010	£142,500	£1,218	1
2009	£123,000	£2,016	1
2007	£156,000	£1,881	2
2006	£160,000	£1,778	1
2005	£143,000	£1,702	1
2002	£90,000	£1,023	1
2001	£88,665	£1,077	3
2000	£69,417	£797	3
1999	£71,248	£727	2
1998	£61,500	£687	2
1997	£53,500	£583	3
1996	£48,500		2
1995	£54,600	£524	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2011	£135,000	£1,475	1
2007	£171,500	£1,874	1
2006	£143,000	£1,625	1
2004	£147,500	£1,799	1
2002	£106,995	£1,216	1
1999	£59,000	£645	1
1996	£54,000	£659	1

All the Sales in the FARNHAM CLOSE, ME8 8NR

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

Address	Sold Date	Price	% Change
54 FARNHAM CLOSETerraced, FreeholdArea: 85 Sq.mtrAge: 1967-1975	29 Jan 2024	£301,000	First Sale
37 FARNHAM CLOSETerraced, FreeholdArea: 113 Sq.mtrAge: 1950-1966	22 Mar 2024	£315,000	96.88%
	29 Jun 2012	£160,000	178.26%
	22 Sep 1999	£57,500	15.00%
	07 Feb 1997	£50,000	First Sale
74 FARNHAM CLOSETerraced, FreeholdArea: 117 Sq.mtrAge: 1967-1975	29 Sep 2023	£300,000	0.0
	29 Sep 2023	£300,000	110.53%
	07 Jul 2010	£142,500	First Sale
70 FARNHAM CLOSETerraced, FreeholdArea: 86 Sq.mtrAge: 1967-1975	28 Apr 2023	£312,000	157.85%
	08 Nov 2011	£121,000	First Sale
69 FARNHAM CLOSETerraced, FreeholdArea: 113 Sq.mtrAge: 1967-1975	15 Dec 2022	£360,000	508.11%
	18 Dec 1995	£59,200	First Sale
51 FARNHAM CLOSETerraced, FreeholdArea: 120 Sq.mtrAge: 1967-1975	07 Dec 2022	£430,000	65.38%
	12 Aug 2021	£260,000	First Sale
73 FARNHAM CLOSETerraced, FreeholdArea: 84 Sq.mtrAge: 1967-1975	25 Jan 2021	£255,000	First Sale
49 FARNHAM CLOSETerraced, FreeholdArea: 91 Sq.mtrAge: 1967-1975	12 Jun 2020	£210,000	First Sale
39 FARNHAM CLOSETerraced, FreeholdArea: 61 Sq.mtrAge: 1976-1982	25 Feb 2020	£252,000	17.21%
	30 Mar 2016	£215,000	74.80%
	15 May 2009	£123,000	64.00%
	11 Jun 2001	£75,000	First Sale
46 FARNHAM CLOSETerraced, FreeholdArea: 80 Sq.mtrAge: 1967-1975	01 Mar 2019	£235,000	First Sale
48 FARNHAM CLOSETerraced, FreeholdArea: 84 Sq.mtrAge: 1967-1975	09 Nov 2018	£234,000	50.97%
	12 Jul 2013	£155,000	8.39%
	30 Nov 2005	£143,000	146.55%
	27 Mar 1998	£58,000	First Sale
35 FARNHAM CLOSETerraced, FreeholdArea: 105 Sq.mtrAge: 1967-1975	08 Aug 2018	£281,000	First Sale
71 FARNHAM CLOSETerraced, FreeholdArea: 86 Sq.mtrAge: 1967-1975	19 Jun 2018	£255,000	86.13%
	08 Feb 2013	£137,000	First Sale
43 FARNHAM CLOSETerraced, FreeholdArea: 82 Sq.mtrAge: 1950-1966	09 Dec 2016	£196,500	First Sale
56 FARNHAM CLOSETerraced, FreeholdArea: 80 Sq.mtrAge: 1950-1966	14 Jun 2016	£219,000	43.14%
	15 Oct 2007	£153,000	155.00%
	01 Feb 2000	£60,000	First Sale
65 FARNHAM CLOSETerraced, FreeholdArea: 82 Sq.mtrAge: 1967-1975	13 Jan 2015	£191,500	29.83%
	20 Jul 2004	£147,500	173.15%
	12 Nov 1996	£54,000	First Sale
38 FARNHAM CLOSETerraced, FreeholdArea: 86 Sq.mtrAge: 1967-1975	20 Jun 2014	£163,000	First Sale
36 FARNHAM CLOSETerraced, FreeholdArea: 88 Sq.mtrAge: 1950-1966	20 Feb 2014	£161,000	78.89%
	28 Feb 2002	£90,000	62.16%
	22 Dec 1997	£55,500	First Sale
76 FARNHAM CLOSETerraced, FreeholdArea: 90 Sq.mtrAge: 1967-1975	30 Nov 2012	£163,000	1.88%
	25 Aug 2006	£160,000	88.25%
	14 Oct 1999	£84,995	First Sale
42 FARNHAM CLOSETerraced, FreeholdArea: 81.2 Sq.mtrAge: 1967-1975	10 Oct 2012	£140,000	154.55%
	23 Jul 1997	£55,000	First Sale
45 FARNHAM CLOSESemi-Detached, FreeholdArea: 91.52 Sq.mtrAge: 1967-1975	29 Jul 2011	£135,000	-21.28%
	25 Sep 2007	£171,500	190.68%
	29 Jan 1999	£59,000	First Sale
61 FARNHAM CLOSETerraced, FreeholdArea: 86 Sq.mtrAge: 1967-1975	25 Sep 2007	£159,000	119.31%
	01 Dec 2000	£72,500	First Sale
62 FARNHAM CLOSESemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1950-1966	06 Jan 2006	£143,000	33.65%
	10 Sep 2002	£106,995	First Sale
53 FARNHAM CLOSETerraced, Freehold	13 Sep 2001	£104,995	109.99%
53 FARNHAM CLOSETerraced, Freehold	17 Jan 1995	£50,000	First Sale
44 FARNHAM CLOSETerraced, FreeholdArea: 93 Sq.mtrAge: 1950-1966	02 May 2001	£86,000	First Sale
50 FARNHAM CLOSETerraced, Freehold	03 Mar 2000	£75,750	48.53%
50 FARNHAM CLOSETerraced, Freehold	09 Feb 1996	£51,000	First Sale
75 FARNHAM CLOSETerraced, FreeholdArea: 95 Sq.mtrAge: 1967-1975	27 Jul 1998	£65,000	First Sale
47 FARNHAM CLOSETerraced, Freehold	31 May 1996	£46,000	First Sale

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

FARNHAM CLOSE, ME8 8NR Near By properties

Interactive Map

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

Flat
- The average price is around £89,172 median price is £90,000 Standard Deviation is £43,664 with Total Sold: 411
- The Last 5 Year average price is £151,216 with Total Sold: 64
- 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 54, OLD ORCHARD COURT THE OLD ORCHARD: £33,000 (Sold on 10 Mar 1995)
Semi-Detached
- The average price is around £159,850 median price is £149,000 Standard Deviation is £87,524 with Total Sold: 643
- The Last 5 Year average price is £301,728 with Total Sold: 89
- 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 , 12 BURRSTOCK WAY: £37,950 (Sold on 11 Jan 1995)
Terraced
- The average price is around £145,915 median price is £139,995 Standard Deviation is £77,923 with Total Sold: 1,503
- The Last 5 Year average price is £265,318 with Total Sold: 221
- The most recent sale happened at this postcode is , 62 SHOREFIELDS: £285,000 (Sold on 22 Aug 2024)
- The first recorded sale happened at this postcode is , 18 TEN ACRE WAY: £61,950 (Sold on 06 Jan 1995)
Detached
- The average price is around £196,032 median price is £162,000 Standard Deviation is £119,758 with Total Sold: 389
- The Last 5 Year average price is £413,919 with Total Sold: 37
- The most recent sale happened at this postcode is , 14A MIERSCOURT ROAD: £232,500 (Sold on 26 Apr 2024)
- The first recorded sale happened at this postcode is , 26 BURRSTOCK WAY: £79,950 (Sold on 12 Jan 1995)
Other
- The average price is around £756,224 median price is £200,000 Standard Deviation is £1,375,297 with Total Sold: 15
- The Last 5 Year average price is £429,822 with Total Sold: 5
- The most recent sale happened at this postcode is , 13 BANKY FIELDS CLOSE: £265,000 (Sold on 15 Mar 2021)
- The first recorded sale happened at this postcode is , 173 HIGH STREET: £175,000 (Sold on 01 Jun 2016)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£149,500		6
2023	£159,333	£3,137	12
2022	£158,333	£3,001	12
2021	£154,466	£3,015	15
2020	£139,792	£3,273	13
2019	£139,083	£3,014	6
2018	£136,857	£3,017	7
2017	£142,100	£2,579	10
2016	£131,518	£2,326	11
2015	£117,868	£2,317	19
2014	£111,708	£2,139	20
2013	£92,911	£1,741	17
2012	£93,625	£1,639	8
2011	£85,333	£1,458	3
2010	£81,917	£1,632	6
2009	£88,125	£1,796	8
2008	£98,277	£2,020	9
2007	£108,052	£2,132	19
2006	£100,281	£1,997	16
2005	£95,947	£1,809	19
2004	£92,181	£1,703	11
2003	£82,799	£1,680	15
2002	£62,674	£1,301	20
2001	£52,404	£1,018	21
2000	£44,969	£859	25
1999	£38,119	£764	21
1998	£35,336	£642	14
1997	£31,658	£638	23
1996	£27,636	£534	11
1995	£33,231	£719	14

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£317,781	£3,767	10
2023	£329,385	£4,234	13
2022	£335,875	£4,146	12
2021	£309,222	£3,607	18
2020	£271,281	£3,593	16
2019	£272,850	£3,394	20
2018	£277,773	£3,049	11
2017	£272,907	£3,260	15
2016	£242,164	£3,130	21
2015	£227,500	£2,938	10
2014	£200,884	£2,207	13
2013	£184,750	£2,113	10
2012	£149,735	£1,819	17
2011	£184,357	£1,916	14
2010	£172,179	£1,926	14
2009	£162,654	£2,121	13
2008	£182,423	£2,300	13
2007	£177,649	£2,191	38
2006	£170,904	£2,119	34
2005	£160,307	£2,183	26
2004	£156,916	£1,916	24
2003	£141,133	£1,761	32
2002	£119,420	£1,533	33
2001	£101,613	£1,421	40
2000	£78,740	£1,068	32
1999	£80,313	£935	24
1998	£65,251	£870	28
1997	£66,059	£863	35
1996	£60,612	£745	25
1995	£56,865	£755	32

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£276,933	£3,263	15
2023	£289,784	£3,678	37
2022	£294,629	£3,810	31
2021	£256,148	£3,419	66
2020	£251,389	£3,234	27
2019	£242,945	£3,055	45
2018	£228,857	£2,998	42
2017	£240,011	£3,017	54
2016	£220,844	£2,833	49
2015	£187,004	£2,495	54
2014	£162,920	£2,248	46
2013	£152,078	£1,903	40
2012	£149,047	£1,849	33
2011	£143,952	£1,786	31
2010	£143,067	£1,954	30
2009	£147,727	£1,936	33
2008	£160,847	£2,082	23
2007	£164,916	£2,156	66
2006	£149,347	£1,927	70
2005	£153,568	£2,038	66
2004	£134,729	£1,907	49
2003	£122,215	£1,732	51
2002	£105,461	£1,397	75
2001	£81,978	£1,057	69
2000	£73,977	£1,070	58
1999	£65,156	£892	62
1998	£59,029	£836	64
1997	£55,571	£798	85
1996	£52,458	£739	75
1995	£47,656	£749	57

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£232,500		1
2023	£390,400	£3,821	5
2022	£475,000	£5,030	2
2021	£423,325	£4,123	20
2020	£406,250	£3,285	2
2019	£414,500	£3,932	7
2018	£407,429	£3,956	7
2017	£344,583	£3,455	6
2016	£344,429	£3,926	7
2015	£336,562	£3,692	8
2014	£300,250	£2,960	8
2013	£239,688	£3,031	8
2012	£239,312	£2,251	8
2011	£256,375	£2,790	8
2010	£257,357	£2,167	7
2009	£233,286	£2,147	7
2008	£266,444	£3,081	9
2007	£250,500	£2,752	13
2006	£271,416	£2,527	12
2005	£234,409	£2,995	11
2004	£260,125	£2,276	8
2003	£215,176	£2,364	17
2002	£176,108	£2,052	18
2001	£145,068	£1,715	14
2000	£124,548	£1,444	20
1999	£107,688	£1,191	8
1998	£97,463	£1,103	19
1997	£93,378	£1,135	26
1996	£85,566	£873	54
1995	£92,175	£918	49

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£132,750	£1,618	2
2020	£1,302,009		1
2019	£290,800	£16	2
2018	£138,562	£2,589	4
2017	£1,693,000	£2,843	5
2016	£175,000	£3,646	1

House Type in ME8 8NR area

The most common house types in the ME8 8NR postcode area are Terraced (103), Semi-detached (15), and Detached (5).

Total	123
Terraced	103
Semi-detached	15
Detached	5
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (61), and Owned: Owns outright (43).

Owned: Owns with a mortgage or loan	61
Owned: Owns outright	43
Private rented: Private landlord or letting agency	12
Private rented: Other private rented	5
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 8NR have 2 people in household (44), and 3 people in household (22).

2 people in household	44
3 people in household	22
4 people in household	22
1 person in household	21
5 people in household	12
6 people in household	4
7 people in household	2
0 people in household	0
8 or more people in household	0