Housing Market Analysis for MERESBOROUGH ROAD, ME8 8SR

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

Overview of Sold House prices

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

Flat
- The average price is around £99,238 median price is £104,000 Standard Deviation is £40,911 with Total Sold: 38
- The Last 5 Year average price is £146,283 with Total Sold: 9
- The most recent sale happened at this postcode is 12 MERESBOROUGH ROAD: £172,500 (Sold on 03 Nov 2023)
- The first recorded sale happened at this postcode is 18 MERESBOROUGH ROAD: £148,000 (Sold on 04 Sep 2024)
Terraced
- The average price is around £114,857 median price is £85,000 Standard Deviation is £75,397 with Total Sold: 7
- The Last 5 Year average price is £265,000 with Total Sold: 1
- The most recent sale happened at this postcode is 30 MERESBOROUGH ROAD: £265,000 (Sold on 15 Mar 2021)
- The first recorded sale happened at this postcode is 34 MERESBOROUGH ROAD: £59,000 (Sold on 18 Jun 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average ME8 8SR 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
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
2024	£149,000		2
1999	£42,000	£1,037	2
1997	£34,250	£785	4
1995	£29,995	£732	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£265,000	£3,955	1
2009	£152,500	£2,537	2
2003	£85,000		1
2000	£49,000	£1,195	1
1999	£41,000	£1,000	1
1998	£59,000	£1,000	1

All the Sales in the MERESBOROUGH ROAD, ME8 8SR

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

Address	Sold Date	Price	% Change
12 MERESBOROUGH ROADFlat, LeaseholdArea: 57 Sq.mtrAge: 1983-1990	03 Nov 2023	£172,500	43.75%
	22 Feb 2016	£120,000	First Sale
8 MERESBOROUGH ROADFlat, LeaseholdArea: 41 Sq.mtrAge: 1996-2002	21 Oct 2022	£150,000	First Sale
24 MERESBOROUGH ROADFlat, LeaseholdArea: 52 Sq.mtrAge: 1983-1990	01 Oct 2021	£158,000	35.04%
	30 Nov 2009	£117,000	-6.40%
	11 Dec 2006	£124,995	11.11%
	26 Aug 2005	£112,500	70.45%
	02 Nov 2001	£66,000	69.23%
	28 Apr 1997	£39,000	First Sale
2 MERESBOROUGH ROADFlat, LeaseholdArea: 41 Sq.mtrAge: 1991-1995	01 Apr 2021	£140,000	33.33%
	28 Nov 2014	£105,000	-10.26%
	18 Jan 2008	£117,000	181.93%
	12 Nov 1999	£41,500	23.88%
	17 Oct 1997	£33,500	1.52%
	30 Jun 1997	£33,000	First Sale
30 MERESBOROUGH ROADTerraced, FreeholdArea: 67 Sq.mtrAge: 1991-1995	15 Mar 2021	£265,000	First Sale
18 MERESBOROUGH ROADFlat, LeaseholdArea: 36 Sq.mtrAge: 1991-1995	17 Dec 2020	£140,000	0.0
	07 Mar 2018	£140,000	40.00%
	17 Apr 2015	£100,000	-0.99%
	14 Sep 2006	£101,000	77.19%
	18 Dec 2001	£57,000	-61.49%
	04 Sep 2024	£148,000	First Sale
6 MERESBOROUGH ROADFlat, LeaseholdArea: 41 Sq.mtrAge: 1996-2002	06 Jul 2020	£150,000	56.25%
	15 Aug 2014	£96,000	95.92%
	11 Aug 2000	£49,000	19.51%
	09 Apr 1999	£41,000	First Sale
14 MERESBOROUGH ROADFlat, LeaseholdArea: 41 Sq.mtrAge: 1983-1990	22 Jan 2020	£108,050	243.02%
	10 Sep 1997	£31,500	5.02%
	17 Nov 1995	£29,995	First Sale
16 MERESBOROUGH ROADFlat, LeaseholdArea: 50 Sq.mtrAge: 1991-1995	26 May 2017	£146,000	28.07%
	24 Apr 2015	£114,000	26.67%
	20 Nov 2003	£90,000	First Sale
28 MERESBOROUGH ROADFlat, LeaseholdArea: 41 Sq.mtrAge: 1983-1990	05 Aug 2015	£103,000	First Sale
4 MERESBOROUGH ROADFlat, Leasehold	28 Jan 2015	£105,000	12.90%
	11 Nov 2005	£93,000	9.41%
	16 Oct 2003	£85,000	First Sale
26 MERESBOROUGH ROADFlat, LeaseholdArea: 41 Sq.mtrAge: 1991-1995	15 Aug 2014	£102,000	37.84%
	03 Sep 2002	£74,000	48.00%
	08 Feb 2002	£50,000	First Sale
32 MERESBOROUGH ROADTerraced, Freehold	27 Nov 2009	£135,000	First Sale
36 MERESBOROUGH ROADTerraced, FreeholdArea: 67.02 Sq.mtrAge: 1983-1990	25 Sep 2009	£170,000	First Sale
22 MERESBOROUGH ROADFlat, Leasehold	29 Jul 2002	£70,000	First Sale
20 MERESBOROUGH ROADFlat, Leasehold	20 Sep 2024	£150,000	252.94%
20 MERESBOROUGH ROADFlat, Leasehold	22 Dec 1999	£42,500	First Sale
34 MERESBOROUGH ROADTerraced, FreeholdArea: 59 Sq.mtrAge: 1991-1995	18 Jun 1998	£59,000	First Sale

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

MERESBOROUGH ROAD, ME8 8SR Near By properties

Interactive Map

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

Detached
- The average price is around £339,838 median price is £376,250 Standard Deviation is £168,422 with Total Sold: 160
- The Last 5 Year average price is £483,747 with Total Sold: 58
- 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 , MOORLAND SEYMOUR ROAD: £180,000 (Sold on 19 Jan 1995)
Flat
- The average price is around £95,300 median price is £92,750 Standard Deviation is £52,713 with Total Sold: 386
- The Last 5 Year average price is £158,471 with Total Sold: 59
- 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 FLAT 5, AXFORD COURT, 231 HIGH STREET: £37,500 (Sold on 17 Mar 1995)
Semi-Detached
- The average price is around £187,230 median price is £164,995 Standard Deviation is £107,717 with Total Sold: 411
- The Last 5 Year average price is £331,340 with Total Sold: 63
- 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 , 25 CHICHESTER CLOSE: £67,000 (Sold on 20 Jan 1995)
Terraced
- The average price is around £159,368 median price is £149,998 Standard Deviation is £83,919 with Total Sold: 718
- The Last 5 Year average price is £277,379 with Total Sold: 122
- The most recent sale happened at this postcode is , 41 MARDALE CLOSE: £277,500 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 293 HIGH STREET: £29,500 (Sold on 14 Jan 1995)
Other
- The average price is around £1,076,951 median price is £200,000 Standard Deviation is £1,681,846 with Total Sold: 9
- The Last 5 Year average price is £1,302,009 with Total Sold: 1
- The most recent sale happened at this postcode is , 194 HIGH STREET: £1,302,009 (Sold on 06 Mar 2020)
- 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: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£455,500	£4,882	5
2023	£481,250	£3,857	4
2022	£460,000	£5,349	1
2021	£449,750	£4,027	12
2020	£529,997	£3,693	6
2019	£493,929	£4,099	30
2018	£453,433	£4,003	16
2016	£326,833	£3,111	3
2015	£352,500	£3,413	2
2014	£304,083	£2,670	6
2013	£265,000	£2,866	3
2012	£244,900	£2,308	5
2011	£289,000	£2,886	3
2010	£319,000	£1,275	2
2009	£318,500	£2,471	2
2008	£385,000	£3,188	4
2007	£252,200	£2,453	4
2006	£310,800	£2,630	5
2005	£205,000	£3,727	1
2004	£287,625	£2,171	4
2003	£291,665	£1,923	3
2002	£248,667	£2,016	3
2001	£174,000	£1,052	3
2000	£175,100	£1,306	5
1999	£154,167	£1,150	3
1998	£74,500	£1,049	5
1997	£93,000	£536	3
1996	£109,650	£690	10
1995	£100,429	£640	7

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£149,500		6
2023	£158,364	£3,169	11
2022	£155,250	£2,954	10
2021	£172,937	£3,127	16
2020	£143,177	£3,253	13
2019	£176,667	£3,004	3
2018	£197,741	£3,386	25
2017	£136,778	£2,579	9
2016	£122,411	£2,366	9
2015	£111,107	£2,311	14
2014	£105,634	£2,118	16
2013	£92,156	£1,703	16
2012	£93,000	£1,584	7
2011	£85,333	£1,458	3
2010	£79,800	£1,574	5
2009	£87,917	£1,724	6
2008	£98,277	£2,020	9
2007	£108,611	£2,096	18
2006	£99,500	£1,915	13
2005	£95,999	£1,896	18
2004	£90,055	£1,778	9
2003	£82,799	£1,680	15
2002	£62,393	£1,297	19
2001	£52,150	£1,007	20
2000	£43,965	£816	22
1999	£37,749	£753	18
1998	£35,336	£642	14
1997	£31,682	£619	20
1996	£29,550	£571	10
1995	£32,812	£693	12

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£307,333		3
2023	£345,389	£4,231	9
2022	£445,750	£3,840	4
2021	£334,250	£3,880	12
2020	£265,300	£3,458	10
2019	£335,878	£3,615	25
2018	£362,577	£3,139	19
2017	£272,133	£3,271	12
2016	£260,375	£3,378	12
2015	£249,777	£2,883	9
2014	£207,785	£2,205	7
2013	£222,143	£2,186	7
2012	£165,321	£1,845	14
2011	£188,167	£1,846	9
2010	£170,286	£2,181	7
2009	£172,833	£2,187	6
2008	£192,222	£1,868	9
2007	£186,166	£1,964	21
2006	£186,816	£2,124	19
2005	£164,600	£2,053	20
2004	£179,466	£2,102	15
2003	£152,952	£1,848	21
2002	£127,835	£1,431	25
2001	£113,981	£1,181	19
2000	£93,703	£1,091	16
1999	£92,685	£968	16
1998	£79,658	£757	15
1997	£67,618	£816	22
1996	£71,700	£723	15
1995	£62,846	£654	13

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£271,600	£3,235	10
2023	£303,917	£3,634	24
2022	£299,900	£3,742	20
2021	£271,695	£3,216	32
2020	£269,333	£2,999	12
2019	£246,083	£2,880	24
2018	£232,083	£2,802	24
2017	£252,062	£2,959	30
2016	£222,078	£2,591	25
2015	£186,991	£2,326	28
2014	£180,534	£2,100	25
2013	£155,222	£1,836	18
2012	£160,500	£1,730	21
2011	£147,320	£1,808	25
2010	£148,208	£1,843	12
2009	£152,200	£1,727	15
2008	£159,773	£1,854	11
2007	£169,453	£1,971	32
2006	£151,259	£1,843	29
2005	£159,814	£1,898	35
2004	£144,676	£1,792	17
2003	£126,178	£1,553	21
2002	£108,605	£1,308	32
2001	£86,683	£1,027	37
2000	£69,336	£880	23
1999	£64,989	£752	28
1998	£60,654	£753	29
1997	£54,166	£630	30
1996	£51,840	£589	27
1995	£49,736	£606	22

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£1,302,009		1
2018	£278,888	£2,589	4
2017	£2,366,667	£2,843	3
2016	£175,000	£3,646	1

House Type in ME8 8SR area

The most common house types in the ME8 8SR postcode area are Flat (42), Semi-detached (34), and Terraced (31).

Total	109
Flat	42
Semi-detached	34
Terraced	31
Shared house	2
Detached	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 outright (43), and Owned: Owns with a mortgage or loan (27).

Owned: Owns outright	43
Owned: Owns with a mortgage or loan	27
Private rented: Private landlord or letting agency	27
Social rented: Rents from council or Local Authority	3
Private rented: Other private rented	3
Social rented: Other social rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the ME8 8SR have 1 person in household (50), and 2 people in household (32).

1 person in household	50
2 people in household	32
3 people in household	13
4 people in household	11
5 people in household	1
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0