Housing Market Analysis for BALMER CLOSE, ME8 9AL

Are you looking to understand ME8 9AL 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 9AL area, explore the ME8 9AL Area information page.
For comprehensive crime statistics in the ME8 9AL area, explore the ME8 9AL Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME8 9AL postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £217,999 median price is £237,498 Standard Deviation is £53,951 with Total Sold: 8
    • The most recent sale happened at this postcode is 7 BALMER CLOSE: £247,000 (Sold on 04 Sep 2014)
    • The first recorded sale happened at this postcode is 1 BALMER CLOSE: £76,000 (Sold on 14 Apr 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average ME8 9AL 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
2014£247,000 £3,293 1
2013£241,500 £2,132 1
2008£238,500 £2,117 2
2007£237,498 £2,074 2
2005£227,500 £2,050 1
1997£76,0001

All the Sales in the BALMER CLOSE, ME8 9AL

See the table below for more details on the sold house prices in the ME8 9AL, Medway postcode.

AddressSold DatePrice% Change
7 BALMER CLOSESemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1950-196604 Sep 2014£247,000First Sale
2 BALMER CLOSESemi-Detached, FreeholdArea: 113.29 Sq.mtrAge: 1950-196612 Jul 2013£241,5002.77%
18 May 2007£235,000First Sale
8 BALMER CLOSESemi-Detached, FreeholdArea: 111 Sq.mtrAge: 1950-196614 May 2008£235,0003.30%
20 May 2005£227,500First Sale
6 BALMER CLOSESemi-Detached, Freehold01 Feb 2008£242,000First Sale
3 BALMER CLOSESemi-Detached, Freehold30 May 2007£239,995First Sale
1 BALMER CLOSESemi-Detached, Freehold14 Apr 1997£76,000First Sale

Check out the sold house prices near the ME8 9AL postcode. Properties currently for saleProperties currently for rent

BALMER CLOSE, ME8 9AL Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME8 9AL 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 9AL postcode.

  • Semi-Detached
    • The average price is around £197,600 median price is £184,000 Standard Deviation is £101,032 with Total Sold: 1,390
    • The Last 5 Year average price is £345,065 with Total Sold: 225
    • The most recent sale happened at this postcode is , 209 LONSDALE DRIVE: £293,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 50 WINDERMERE DRIVE: £61,750 (Sold on 12 Jan 1995)
  • Detached
    • The average price is around £277,260 median price is £250,000 Standard Deviation is £138,533 with Total Sold: 407
    • The Last 5 Year average price is £456,227 with Total Sold: 73
    • The most recent sale happened at this postcode is , 50 HERBERT ROAD: £485,000 (Sold on 27 Aug 2024)
    • The first recorded sale happened at this postcode is , 1 BROADVIEW AVENUE: £84,000 (Sold on 18 May 1995)
  • Terraced
    • The average price is around £179,188 median price is £170,500 Standard Deviation is £91,845 with Total Sold: 432
    • The Last 5 Year average price is £306,816 with Total Sold: 76
    • The most recent sale happened at this postcode is , 51 KENILWORTH GARDENS: £307,500 (Sold on 14 Jun 2024)
    • The first recorded sale happened at this postcode is , 39 ROBERTS ROAD: £30,000 (Sold on 27 Jan 1995)
  • Other
    • The average price is around £208,400 median price is £300,000 Standard Deviation is £131,339 with Total Sold: 5
    • The Last 5 Year average price is £185,500 with Total Sold: 4
    • The most recent sale happened at this postcode is , 101 MAIDSTONE ROAD: £310,000 (Sold on 14 Nov 2023)
    • The first recorded sale happened at this postcode is , 32 ROBERTS ROAD: £300,000 (Sold on 09 Jun 2017)
  • Flat
    • The average price is around £128,440 median price is £135,000 Standard Deviation is £48,176 with Total Sold: 20
    • The Last 5 Year average price is £165,429 with Total Sold: 7
    • The most recent sale happened at this postcode is , 2B NORREYS ROAD: £187,500 (Sold on 27 Jun 2023)
    • The first recorded sale happened at this postcode is 1, CHARLECOTE COURT DERWENT WAY: £12,500 (Sold on 31 Jan 1997)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£352,004 £4,075 14
2023£374,593 £4,437 27
2022£390,336 £4,760 35
2021£359,354 £4,243 60
2020£321,224 £3,949 38
2019£297,412 £3,800 51
2018£312,134 £3,562 38
2017£309,787 £3,743 47
2016£284,475 £3,281 60
2015£252,594 £2,979 43
2014£233,317 £2,648 41
2013£202,647 £2,366 39
2012£183,838 £2,439 52
2011£186,909 £2,390 38
2010£191,882 £2,262 33
2009£167,800 £2,192 25
2008£189,648 £2,315 23
2007£210,822 £2,371 51
2006£193,566 £2,079 68
2005£185,477 £2,029 46
2004£182,702 £2,131 49
2003£166,694 £2,091 59
2002£138,884 £1,594 58
2001£117,222 £1,365 62
2000£106,417 £1,175 51
1999£93,185 £1,014 67
1998£81,713 £1,029 41
1997£75,172 £836 69
1996£64,794 £821 58
1995£66,593 £766 47
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£503,7504
2023£496,100 £4,324 10
2022£532,100 £4,883 5
2021£465,521 £4,231 24
2020£441,333 £3,846 12
2019£399,975 £3,884 18
2018£433,846 £4,019 13
2017£363,824 £3,374 17
2016£370,800 £3,249 10
2015£373,179 £2,977 14
2014£270,689 £2,720 14
2013£297,875 £2,599 16
2012£269,375 £2,698 16
2011£269,265 £2,406 17
2010£280,125 £2,490 8
2009£286,012 £2,942 8
2008£253,333 £2,828 6
2007£283,900 £2,305 10
2006£279,931 £2,422 22
2005£277,625 £2,599 8
2004£240,928 £2,529 14
2003£223,324 £1,801 20
2002£199,138 £1,679 16
2001£169,941 £1,502 17
2000£140,971 £1,444 18
1999£140,122 £1,093 12
1998£112,525 £1,040 18
1997£103,676 £892 17
1996£96,315 £802 17
1995£85,500 £648 6
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£357,417 £3,786 6
2023£335,500 £4,115 6
2022£354,654 £4,118 13
2021£299,696 £3,791 23
2020£282,214 £3,507 14
2019£264,714 £3,175 14
2018£262,690 £3,270 21
2017£258,342 £3,375 19
2016£241,679 £2,937 14
2015£209,893 £2,829 14
2014£198,679 £2,377 19
2013£179,032 £2,171 14
2012£178,458 £2,145 12
2011£153,750 £2,122 4
2010£166,773 £2,160 11
2009£150,350 £1,718 10
2008£181,250 £2,229 10
2007£172,822 £2,260 20
2006£175,400 £2,107 20
2005£155,708 £1,727 12
2004£149,218 £1,864 16
2003£148,000 £1,916 11
2002£118,869 £1,388 23
2001£97,512 £1,088 20
2000£84,432 £1,028 17
1999£79,317 £852 11
1998£61,649 £735 13
1997£58,687 £719 20
1996£53,188 £630 13
1995£54,067 £568 12
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£207,500 £3,370 2
2022£326,000 £3,976 1
2020£1,0001
2017£300,000 £3,448 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£165,833 £3,243 3
2022£189,500 £3,212 1
2021£165,000 £2,391 1
2020£161,000 £6,316 1
2019£145,000 £2,588 1
2017£185,000 £3,491 1
2016£160,000 £2,712 1
2008£135,000 £5,296 1
2007£137,000 £2,404 1
2006£123,750 £2,273 2
2005£111,000 £2,928 4
1999£44,800 £396 1
1997£28,750 £509 2

House Type in ME8 9AL area

The most common house types in the ME8 9AL postcode area are Semi-detached (102), Terraced (16), and Detached (12).

Total130
Semi-detached102
Terraced16
Detached12
Flat0
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 (66), and Owned: Owns outright (54).

Owned: Owns with a mortgage or loan66
Owned: Owns outright54
Private rented: Private landlord or letting agency9
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the ME8 9AL have 2 people in household (44), and 4 people in household (32).

2 people in household44
4 people in household32
1 person in household23
3 people in household22
5 people in household6
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0