Housing Market Analysis for FARNHAM CLOSE, ME8 8NS

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

Overview of Sold House prices

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

Terraced
- The average price is around £162,070 median price is £149,000 Standard Deviation is £77,004 with Total Sold: 35
- The Last 5 Year average price is £273,167 with Total Sold: 6
- The most recent sale happened at this postcode is 87 FARNHAM CLOSE: £300,000 (Sold on 12 Jun 2023)
- The first recorded sale happened at this postcode is 97 FARNHAM CLOSE: £49,995 (Sold on 22 Nov 1996)
Semi-Detached
- The average price is around £162,874 median price is £169,250 Standard Deviation is £81,846 with Total Sold: 8
- The Last 5 Year average price is £280,000 with Total Sold: 1
- The most recent sale happened at this postcode is 80 FARNHAM CLOSE: £280,000 (Sold on 30 Jun 2021)
- The first recorded sale happened at this postcode is 86 FARNHAM CLOSE: £65,500 (Sold on 19 Nov 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average ME8 8NS 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
2023	£291,000	£3,329	2
2022	£280,000	£3,294	1
2021	£265,000	£3,053	2
2019	£247,000	£3,049	1
2018	£268,500	£2,614	2
2017	£245,000	£2,882	1
2016	£201,667	£2,274	3
2015	£187,000	£2,253	1
2014	£173,000	£2,084	1
2011	£145,000	£1,667	2
2009	£119,000	£1,347	1
2008	£155,000	£1,938	1
2007	£162,500	£1,872	1
2006	£148,667	£1,728	3
2004	£142,750	£1,641	2
2002	£94,950		1
2001	£87,750	£1,024	4
2000	£74,248		2
1999	£65,000		2
1998	£54,000	£628	1
1996	£49,995	£588	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£280,000	£3,294	1
2017	£241,250	£2,907	2
2012	£175,000	£1,733	1
2006	£163,500		1
1999	£72,995		1
1998	£63,500	£747	1
1997	£65,500		1

All the Sales in the FARNHAM CLOSE, ME8 8NS

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

Address	Sold Date	Price	% Change
87 FARNHAM CLOSETerraced, FreeholdArea: 80 Sq.mtrAge: 1967-1975	12 Jun 2023	£300,000	93.55%
	29 Feb 2008	£155,000	First Sale
91 FARNHAM CLOSETerraced, FreeholdArea: 97 Sq.mtrAge: 1967-1975	27 Feb 2023	£282,000	65.88%
	04 Mar 2016	£170,000	First Sale
85 FARNHAM CLOSETerraced, FreeholdArea: 85 Sq.mtrAge: 1967-1975	15 Sep 2022	£280,000	First Sale
80 FARNHAM CLOSESemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1950-1966	30 Jun 2021	£280,000	340.94%
	31 Mar 1998	£63,500	First Sale
11 FARNHAM CLOSETerraced, FreeholdArea: 86 Sq.mtrAge: 1967-1975	16 Mar 2021	£315,000	231.58%
	07 Sep 2001	£95,000	First Sale
9 FARNHAM CLOSETerraced, FreeholdArea: 88 Sq.mtrAge: 1967-1975	26 Feb 2021	£215,000	First Sale
83 FARNHAM CLOSETerraced, FreeholdArea: 81 Sq.mtrAge: 1967-1975	29 Jan 2019	£247,000	First Sale
90 FARNHAM CLOSETerraced, FreeholdArea: 130 Sq.mtrAge: 1930-1949	15 Oct 2018	£285,000	First Sale
84 FARNHAM CLOSETerraced, FreeholdArea: 83 Sq.mtrAge: 1967-1975	11 Jun 2018	£252,000	34.76%
	09 Jul 2015	£187,000	8.09%
	13 Aug 2014	£173,000	First Sale
97 FARNHAM CLOSETerraced, FreeholdArea: 85 Sq.mtrAge: 1976-1982	19 Dec 2017	£245,000	63.33%
	01 Jun 2006	£150,000	200.03%
	22 Nov 1996	£49,995	First Sale
102 FARNHAM CLOSESemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1967-1975	03 Aug 2017	£242,500	First Sale
101 FARNHAM CLOSESemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1967-1975	15 Mar 2017	£240,000	First Sale
4 FARNHAM CLOSETerraced, FreeholdArea: 83 Sq.mtrAge: 1950-1966	31 Aug 2016	£200,000	First Sale
93 FARNHAM CLOSETerraced, FreeholdArea: 88.35 Sq.mtrAge: 1967-1975	24 Aug 2016	£235,000	97.48%
	02 Mar 2009	£119,000	First Sale
1 FARNHAM CLOSESemi-Detached, FreeholdArea: 101 Sq.mtrAge: 1967-1975	27 Feb 2012	£175,000	First Sale
99 FARNHAM CLOSETerraced, FreeholdArea: 86.8 Sq.mtrAge: 1967-1975	16 Dec 2011	£145,000	-10.77%
	20 Aug 2007	£162,500	17.33%
	26 Mar 2004	£138,500	82.24%
	27 Jul 2001	£76,000	First Sale
10 FARNHAM CLOSETerraced, FreeholdArea: 87.12 Sq.mtrAge: 1967-1975	25 Mar 2011	£145,000	-2.68%
	06 Oct 2006	£149,000	1.36%
	05 Nov 2004	£147,000	First Sale
96 FARNHAM CLOSETerraced, FreeholdArea: 86 Sq.mtrAge: 1967-1975	31 Aug 2006	£147,000	56.38%
	10 Dec 2001	£94,000	74.07%
	24 Sep 1998	£54,000	First Sale
86 FARNHAM CLOSESemi-Detached, Freehold	12 Jun 2006	£163,500	149.62%
86 FARNHAM CLOSESemi-Detached, Freehold	19 Nov 1997	£65,500	First Sale
7 FARNHAM CLOSETerraced, Freehold	29 Jan 2002	£94,950	23.32%
7 FARNHAM CLOSETerraced, Freehold	28 Apr 2000	£76,995	First Sale
92 FARNHAM CLOSETerraced, Freehold	15 Feb 2001	£86,000	First Sale
98 FARNHAM CLOSETerraced, Freehold	21 Feb 2000	£71,500	First Sale
8 FARNHAM CLOSETerraced, Freehold	17 Dec 1999	£67,000	First Sale
3 FARNHAM CLOSESemi-Detached, Freehold	19 Nov 1999	£72,995	First Sale
95 FARNHAM CLOSETerraced, Freehold	02 Jul 1999	£63,000	First Sale

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

FARNHAM CLOSE, ME8 8NS Near By properties

Interactive Map

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

Flat
- The average price is around £88,493 median price is £90,000 Standard Deviation is £43,191 with Total Sold: 406
- The Last 5 Year average price is £151,126 with Total Sold: 62
- 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 £163,687 median price is £150,000 Standard Deviation is £89,515 with Total Sold: 650
- The Last 5 Year average price is £305,353 with Total Sold: 93
- 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 £147,099 median price is £140,000 Standard Deviation is £79,180 with Total Sold: 1,518
- The Last 5 Year average price is £268,764 with Total Sold: 228
- 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 £203,925 median price is £174,500 Standard Deviation is £123,070 with Total Sold: 466
- The Last 5 Year average price is £430,380 with Total Sold: 46
- 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	£137,442	£3,177	12
2019	£138,900	£2,880	5
2018	£136,857	£3,017	7
2017	£142,100	£2,579	10
2016	£122,670	£2,401	10
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	£95,999	£1,896	18
2004	£91,550	£1,814	10
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	£315,868	£3,767	9
2023	£334,333	£4,422	15
2022	£340,286	£4,152	14
2021	£309,400	£3,665	20
2020	£270,571	£3,530	14
2019	£276,190	£3,487	21
2018	£290,682	£3,284	11
2017	£274,475	£3,260	16
2016	£254,474	£3,256	21
2015	£230,250	£2,972	12
2014	£204,576	£2,287	13
2013	£180,833	£2,085	9
2012	£160,737	£1,965	19
2011	£177,867	£1,867	15
2010	£174,438	£1,949	16
2009	£164,746	£2,222	12
2008	£184,885	£2,332	13
2007	£181,351	£2,242	37
2006	£170,326	£2,117	33
2005	£164,939	£2,196	29
2004	£154,214	£1,892	21
2003	£141,309	£1,776	30
2002	£120,210	£1,537	35
2001	£103,393	£1,456	42
2000	£83,523	£1,155	29
1999	£82,679	£988	28
1998	£66,019	£875	27
1997	£66,635	£862	34
1996	£59,130	£711	26
1995	£57,162	£762	29

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£286,389	£3,263	18
2023	£293,769	£3,708	39
2022	£299,106	£3,829	33
2021	£258,949	£3,422	64
2020	£250,089	£3,261	28
2019	£243,924	£3,083	46
2018	£230,279	£3,032	43
2017	£240,511	£3,032	55
2016	£219,313	£2,857	49
2015	£187,325	£2,474	53
2014	£163,687	£2,264	47
2013	£153,705	£1,939	42
2012	£149,486	£1,836	32
2011	£143,952	£1,786	31
2010	£141,883	£1,980	30
2009	£147,140	£1,959	32
2008	£164,195	£2,071	23
2007	£165,198	£2,170	68
2006	£150,390	£1,938	70
2005	£154,015	£2,041	63
2004	£135,944	£1,953	49
2003	£122,886	£1,752	53
2002	£105,200	£1,404	73
2001	£82,732	£1,063	71
2000	£73,977	£1,070	58
1999	£66,442	£948	66
1998	£59,029	£836	64
1997	£55,571	£798	85
1996	£52,517	£733	76
1995	£47,656	£749	57

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£232,500		1
2023	£423,167	£3,873	6
2022	£557,500	£4,778	2
2021	£430,080	£4,158	25
2020	£436,875	£3,530	4
2019	£426,438	£3,920	8
2018	£405,875	£3,970	8
2017	£350,429	£3,625	7
2016	£359,750	£3,888	8
2015	£321,692	£3,633	13
2014	£313,200	£2,876	10
2013	£258,400	£2,922	10
2012	£255,937	£2,233	8
2011	£252,312	£2,722	8
2010	£264,562	£2,282	8
2009	£233,833	£2,066	6
2008	£276,364	£2,977	11
2007	£255,766	£2,738	15
2006	£269,768	£2,527	13
2005	£239,000	£2,927	14
2004	£263,625	£2,491	12
2003	£215,176	£2,364	17
2002	£188,998	£1,999	22
2001	£147,530	£1,785	15
2000	£146,999	£1,398	34
1999	£125,695	£1,273	23
1998	£96,189	£1,104	26
1997	£93,663	£1,138	29
1996	£85,658	£872	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 8NS area

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