Housing Market Analysis for BANKY FIELDS CLOSE, ME8 8NY

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

Overview of Sold House prices

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

  • Other
    • The average price is around £265,000 median price is £265,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £265,000 with Total Sold: 1
    • 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 13 BANKY FIELDS CLOSE: £265,000 (Sold on 15 Mar 2021)
  • Semi-Detached
    • The average price is around £121,000 median price is £121,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 16 BANKY FIELDS CLOSE: £121,000 (Sold on 10 Feb 2012)
    • The first recorded sale happened at this postcode is 16 BANKY FIELDS CLOSE: £121,000 (Sold on 10 Feb 2012)
  • Terraced
    • The average price is around £112,731 median price is £126,498 Standard Deviation is £45,848 with Total Sold: 14
    • The most recent sale happened at this postcode is 14 BANKY FIELDS CLOSE: £138,000 (Sold on 07 Oct 2011)
    • The first recorded sale happened at this postcode is 27 BANKY FIELDS CLOSE: £42,000 (Sold on 20 Sep 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average ME8 8NY 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£265,000 £3,232 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2012£121,000 £1,331 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2011£138,000 £1,725 1
2010£155,000 £1,703 1
2007£164,665 £1,954 3
2006£141,7502
2003£90,872 £1,387 2
2002£117,995 £1,439 1
2001£68,0001
1999£55,0001
1998£43,000 £538 1
1996£42,000 £525 1

All the Sales in the BANKY FIELDS CLOSE, ME8 8NY

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

AddressSold DatePrice% Change
13 BANKY FIELDS CLOSEOther, FreeholdArea: 82 Sq.mtrAge: 1983-199015 Mar 2021£265,00060.61%
07 Sep 2007£164,99439.83%
05 Dec 2002£117,995First Sale
16 BANKY FIELDS CLOSESemi-Detached, FreeholdArea: 90.93 Sq.mtrAge: 1976-198210 Feb 2012£121,000First Sale
14 BANKY FIELDS CLOSETerraced, FreeholdArea: 80 Sq.mtrAge: 1976-198207 Oct 2011£138,000First Sale
17 BANKY FIELDS CLOSETerraced, FreeholdArea: 91 Sq.mtrAge: 1967-197530 Apr 2010£155,000-10.40%
09 Feb 2007£173,000First Sale
23 BANKY FIELDS CLOSETerraced, FreeholdArea: 80 Sq.mtrAge: 1983-199009 Nov 2007£156,00040.55%
04 Jul 2003£110,995First Sale
25 BANKY FIELDS CLOSETerraced, Freehold06 Nov 2006£148,500First Sale
12 BANKY FIELDS CLOSETerraced, Freehold04 Aug 2006£135,00098.53%
19 Feb 2001£68,00023.64%
18 Jun 1999£55,000First Sale
15 BANKY FIELDS CLOSETerraced, Freehold09 Jun 2003£70,750First Sale
27 BANKY FIELDS CLOSETerraced, FreeholdArea: 80 Sq.mtrAge: 1967-197523 Jan 1998£43,0002.38%
20 Sep 1996£42,000First Sale

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

BANKY FIELDS CLOSE, ME8 8NY Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £189,980 median price is £167,000 Standard Deviation is £107,551 with Total Sold: 699
    • The Last 5 Year average price is £331,068 with Total Sold: 162
    • The most recent sale happened at this postcode is , 34 BLOOMFIELDS: £400,000 (Sold on 05 Sep 2024)
    • The first recorded sale happened at this postcode is , 12 BURRSTOCK WAY: £37,950 (Sold on 11 Jan 1995)
  • Flat
    • The average price is around £86,563 median price is £86,000 Standard Deviation is £43,305 with Total Sold: 273
    • The Last 5 Year average price is £155,236 with Total Sold: 37
    • The most recent sale happened at this postcode is , 24 DURLING COURT: £182,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 39 DURLING COURT: £26,500 (Sold on 26 May 1995)
  • Terraced
    • The average price is around £150,392 median price is £141,000 Standard Deviation is £88,498 with Total Sold: 1,453
    • The Last 5 Year average price is £272,809 with Total Sold: 231
    • 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 £221,572 median price is £190,000 Standard Deviation is £129,079 with Total Sold: 625
    • The Last 5 Year average price is £464,941 with Total Sold: 68
    • The most recent sale happened at this postcode is , 15 WILLIAM STREET: £425,000 (Sold on 31 Oct 2023)
    • 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 £2,063,796 median price is £284,000 Standard Deviation is £3,990,710 with Total Sold: 12
    • The Last 5 Year average price is £3,014,020 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 , 9 EASTWOOD MEADOW: £5,050,000 (Sold on 26 Mar 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£323,793 £3,996 13
2023£349,659 £4,423 22
2022£336,067 £4,110 15
2021£343,422 £3,560 48
2020£319,279 £3,511 34
2019£311,683 £3,320 30
2018£320,971 £3,462 17
2017£287,461 £3,094 31
2016£247,942 £2,950 18
2015£219,571 £2,793 14
2014£210,718 £2,394 16
2013£192,278 £2,171 9
2012£173,729 £2,056 24
2011£168,692 £1,826 13
2010£179,846 £1,827 13
2009£171,177 £2,185 11
2008£162,577 £2,363 13
2007£186,203 £2,216 32
2006£168,492 £2,095 32
2005£162,275 £2,143 19
2004£149,880 £1,758 21
2003£129,066 £1,600 26
2002£116,315 £1,554 25
2001£99,012 £1,396 40
2000£91,149 £1,201 28
1999£76,090 £997 28
1998£71,486 £968 36
1997£68,625 £843 24
1996£62,850 £742 24
1995£54,038 £750 23
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£181,0002
2023£154,750 £3,166 10
2022£165,833 £3,037 9
2021£154,249 £3,139 8
2020£137,125 £3,045 6
2019£142,500 £2,730 2
2018£138,600 £2,858 5
2017£141,714 £2,581 7
2016£119,140 £2,228 5
2015£124,250 £2,302 10
2014£115,796 £2,079 14
2013£88,321 £1,698 14
2012£90,167 £1,575 6
2011£98,000 £1,718 2
2010£83,167 £1,687 6
2009£82,100 £1,592 5
2008£95,999 £1,857 5
2007£106,867 £2,048 15
2006£90,500 £1,893 8
2005£94,499 £1,855 13
2004£84,249 £1,806 6
2003£82,832 £1,700 12
2002£63,765 £1,228 15
2001£50,535 £952 14
2000£42,644 £816 19
1999£38,352 £694 17
1998£35,645 £625 11
1997£30,062 £596 12
1996£29,550 £571 10
1995£30,250 £598 5
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£299,250 £3,616 20
2023£296,964 £3,779 42
2022£303,938 £3,798 32
2021£263,079 £3,481 61
2020£256,226 £3,254 31
2019£240,989 £3,114 45
2018£263,983 £3,474 47
2017£247,137 £3,007 59
2016£216,105 £2,925 46
2015£188,590 £2,519 51
2014£164,219 £2,276 47
2013£150,747 £1,963 37
2012£150,683 £1,828 30
2011£137,620 £1,670 25
2010£145,097 £1,952 31
2009£139,984 £1,935 31
2008£159,500 £2,095 25
2007£161,061 £2,157 65
2006£151,110 £1,943 62
2005£155,600 £2,072 52
2004£133,176 £1,900 51
2003£121,028 £1,795 42
2002£105,329 £1,386 65
2001£81,787 £1,074 63
2000£74,138 £1,060 62
1999£66,356 £952 63
1998£56,618 £808 62
1997£54,735 £802 84
1996£52,017 £740 77
1995£48,409 £773 45
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£457,375 £4,287 8
2022£552,500 £4,562 4
2021£465,212 £4,212 33
2020£458,731 £3,693 13
2019£443,150 £3,779 10
2018£416,567 £3,749 15
2017£411,850 £3,474 20
2016£356,389 £3,664 9
2015£313,800 £3,478 15
2014£316,125 £2,810 12
2013£277,429 £2,828 14
2012£258,357 £2,301 7
2011£260,550 £2,603 10
2010£257,681 £2,549 11
2009£248,494 £2,153 8
2008£274,444 £2,925 9
2007£267,888 £2,714 18
2006£275,570 £2,448 21
2005£251,105 £2,689 19
2004£249,135 £2,536 11
2003£216,714 £2,211 21
2002£206,057 £1,994 34
2001£157,050 £1,701 18
2000£159,682 £1,485 41
1999£135,213 £1,204 54
1998£114,491 £1,119 55
1997£100,437 £1,107 36
1996£85,799 £899 52
1995£92,672 £900 47
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£132,750 £1,618 2
2020£14,500,000 £168,605 1
2019£152,300 £1,424 2
2018£776,062 £9,268 4
2017£770,600 £7,876 2
2014£5,050,000 £40,079 1

House Type in ME8 8NY area

The most common house types in the ME8 8NY postcode area are Terraced (80), Detached (15), and Semi-detached (12).

Total109
Terraced80
Detached15
Semi-detached12
Flat2
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 with a mortgage or loan (54), and Owned: Owns outright (35).

Owned: Owns with a mortgage or loan54
Owned: Owns outright35
Private rented: Private landlord or letting agency14
Social rented: Other social rented3
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the ME8 8NY have 2 people in household (36), and 1 person in household (22).

2 people in household36
1 person in household22
3 people in household22
4 people in household18
5 people in household11
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0