Housing Market Analysis for THE HOMESTEAD, ME8 8QB

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £339,000 median price is £335,000 Standard Deviation is £74,659 with Total Sold: 5
    • The most recent sale happened at this postcode is 1 THE HOMESTEAD: £420,000 (Sold on 14 Oct 2015)
    • The first recorded sale happened at this postcode is THE ANNEXE, 2 THE HOMESTEAD: £240,000 (Sold on 01 Dec 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average ME8 8QB 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£420,000 £2,791 1
2012£335,000 £2,226 1
2006£425,000 £2,824 1
2002£275,000 £1,827 1
2000£240,0001

All the Sales in the THE HOMESTEAD, ME8 8QB

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

AddressSold DatePrice% Change
1 THE HOMESTEADSemi-Detached, FreeholdArea: 150.5 Sq.mtrAge: before 190014 Oct 2015£420,00025.37%
30 Nov 2012£335,000-21.18%
17 Aug 2006£425,00054.55%
03 May 2002£275,000First Sale
THE ANNEXE, 2 THE HOMESTEADSemi-Detached, Freehold01 Dec 2000£240,000First Sale

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

THE HOMESTEAD, ME8 8QB Near By properties

Interactive Map

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

  • Flat
    • The average price is around £98,001 median price is £103,000 Standard Deviation is £41,097 with Total Sold: 39
    • The Last 5 Year average price is £146,283 with Total Sold: 9
    • 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 , 14 MERESBOROUGH ROAD: £29,995 (Sold on 17 Nov 1995)
  • Semi-Detached
    • The average price is around £199,995 median price is £179,995 Standard Deviation is £115,229 with Total Sold: 127
    • The Last 5 Year average price is £340,656 with Total Sold: 16
    • The most recent sale happened at this postcode is , 48 MOOR PARK CLOSE: £280,000 (Sold on 15 Aug 2024)
    • The first recorded sale happened at this postcode is , 25 CHICHESTER CLOSE: £67,000 (Sold on 20 Jan 1995)
  • Terraced
    • The average price is around £157,458 median price is £156,000 Standard Deviation is £76,102 with Total Sold: 121
    • The Last 5 Year average price is £245,617 with Total Sold: 15
    • The most recent sale happened at this postcode is , 303 HIGH STREET: £169,000 (Sold on 19 Apr 2024)
    • The first recorded sale happened at this postcode is , 28 FARNHAM CLOSE: £49,000 (Sold on 03 Mar 1995)
  • Detached
    • The average price is around £296,966 median price is £303,500 Standard Deviation is £172,542 with Total Sold: 65
    • The Last 5 Year average price is £458,500 with Total Sold: 10
    • The most recent sale happened at this postcode is , 64 MOOR PARK CLOSE: £410,000 (Sold on 15 Dec 2023)
    • The first recorded sale happened at this postcode is , MOORLAND SEYMOUR ROAD: £180,000 (Sold on 19 Jan 1995)
  • Other
    • The average price is around £2,140,000 median price is £1,275,000 Standard Deviation is £1,799,247 with Total Sold: 5
    • The Last 5 Year average price is £1,525,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , LITTLE CHEF LONDON ROAD: £1,200,000 (Sold on 30 Apr 2021)
    • The first recorded sale happened at this postcode is , 327 - 333 HIGH STREET: £1,275,000 (Sold on 01 Jun 2017)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£149,0002
2023£172,500 £3,026 1
2022£150,000 £3,659 1
2021£149,000 £3,227 2
2020£132,683 £3,394 3
2018£140,000 £3,889 1
2017£146,000 £2,920 1
2016£120,000 £2,105 1
2015£105,500 £2,523 4
2014£101,000 £2,463 3
2009£117,000 £2,250 1
2008£117,000 £2,854 1
2006£112,998 £2,605 2
2005£102,750 £2,163 2
2003£90,000 £1,800 1
2002£64,667 £1,512 3
2001£61,500 £1,426 2
2000£51,0001
1999£42,000 £1,037 2
1997£34,250 £785 4
1995£29,995 £732 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£280,0001
2023£327,500 £4,055 2
2022£635,000 £3,588 1
2021£348,000 £3,843 4
2020£279,500 £3,390 3
2019£330,000 £2,911 5
2018£421,375 £3,533 4
2017£289,500 £3,435 4
2016£280,600 £3,161 5
2015£291,667 £2,829 3
2014£194,332 £2,279 3
2013£247,500 £2,296 4
2012£167,500 £1,502 8
2011£202,000 £1,808 4
2010£180,000 £2,291 2
2009£196,500 £2,412 3
2008£200,000 £2,326 1
2007£272,375 £2,300 4
2006£301,000 £2,676 2
2005£180,499 £2,093 5
2004£210,999 £2,135 8
2003£187,399 £2,017 5
2002£155,491 £1,495 6
2001£117,270 £1,099 7
2000£102,143 £955 7
1999£106,166 £877 6
1998£100,188 £643 4
1997£80,450 £889 5
1996£97,379 £596 4
1995£62,786 £721 7
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£169,0001
2023£305,000 £3,631 1
2022£240,000 £3,132 2
2021£238,708 £3,273 6
2020£275,333 £2,711 3
2019£236,000 £2,844 2
2018£233,000 £2,739 3
2017£256,667 £2,758 6
2016£178,167 £2,292 3
2015£208,750 £2,499 4
2014£205,700 £2,129 5
2013£172,400 £1,761 5
2012£185,400 £1,791 5
2011£188,000 £1,648 1
2009£159,300 £1,890 5
2008£160,0001
2007£174,800 £2,101 10
2006£170,000 £1,733 4
2005£173,199 £2,087 10
2004£162,124 £2,300 4
2003£139,083 £1,305 3
2002£97,298 £1,210 5
2001£85,490 £862 5
2000£67,100 £885 5
1999£41,000 £1,000 1
1998£60,999 £796 10
1997£78,500 £854 2
1996£55,212 £569 7
1995£64,000 £634 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£397,500 £3,516 2
2021£492,500 £4,093 6
2020£350,000 £4,070 1
2019£485,000 £4,575 1
2018£518,625 £3,951 4
2015£490,000 £4,083 1
2014£362,833 £2,746 3
2012£272,250 £2,162 2
2011£350,0001
2010£319,000 £1,275 2
2009£407,0001
2008£443,333 £3,188 3
2007£245,000 £2,453 3
2006£410,000 £2,790 2
2005£495,0001
2004£287,625 £2,171 4
2003£375,000 £1,852 1
2002£275,0001
2001£223,3333
2000£271,665 £1,335 3
1999£205,250 £712 4
1998£45,2502
1997£205,000 £851 1
1996£108,929 £511 7
1995£96,800 £397 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£1,200,0001
2020£1,850,0001
2018£710,000 £4,011 1
2017£3,470,0002

House Type in ME8 8QB area

The most common house types in the ME8 8QB postcode area are Detached (62), Semi-detached (22), and Terraced (6).

Total99
Detached62
Semi-detached22
Terraced6
temporary structure6
Flat1
converted building1
commercial building1
Shared house0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (57), and Owned: Owns with a mortgage or loan (34).

Owned: Owns outright57
Owned: Owns with a mortgage or loan34
Private rented: Private landlord or letting agency7
Social rented: Other social rented1
Private rented: Other private rented1
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 8QB have 2 people in household (31), and 3 people in household (19).

2 people in household31
3 people in household19
4 people in household16
1 person in household15
5 people in household11
6 people in household5
7 people in household2
8 or more people in household2
0 people in household0