Housing Market Analysis for NARES ROAD, ME8 9RD

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £131,428 median price is £134,500 Standard Deviation is £67,516 with Total Sold: 21
    • The Last 5 Year average price is £230,600 with Total Sold: 5
    • The most recent sale happened at this postcode is 26 NARES ROAD: £268,000 (Sold on 19 Aug 2022)
    • The first recorded sale happened at this postcode is 28 NARES ROAD: £45,500 (Sold on 25 Aug 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average ME8 9RD 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£268,000 £3,884 1
2021£220,000 £3,333 1
2020£227,500 £3,117 2
2019£210,000 £3,334 1
2016£185,000 £2,681 1
2012£134,500 £2,007 1
2009£139,000 £1,796 1
2007£138,000 £2,000 1
2006£136,000 £2,003 3
2003£102,500 £1,471 2
2001£67,000 £1,015 1
2000£67,998 £1,000 2
1998£53,500 £775 1
1997£47,750 £688 2
1995£45,500 £659 1

All the Sales in the NARES ROAD, ME8 9RD

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

AddressSold DatePrice% Change
26 NARES ROADTerraced, FreeholdArea: 69 Sq.mtrAge: 1967-197519 Aug 2022£268,000288.41%
05 May 2000£69,00028.97%
05 Jun 1998£53,500First Sale
20 NARES ROADTerraced, FreeholdArea: 66 Sq.mtrAge: 1976-198224 Sep 2021£220,00052.78%
28 Jul 2006£144,000114.93%
16 Feb 2001£67,000First Sale
28 NARES ROADTerraced, FreeholdArea: 77.38 Sq.mtrAge: 1967-197509 Nov 2020£230,00065.47%
11 Dec 2009£139,00011.20%
09 Oct 2006£125,00019.05%
14 Jan 2003£105,000130.77%
25 Aug 1995£45,500First Sale
14 NARES ROADTerraced, FreeholdArea: 69 Sq.mtrAge: 1976-198204 Sep 2020£225,00021.62%
28 Jan 2016£185,00034.06%
16 Nov 2007£138,000First Sale
24 NARES ROADTerraced, FreeholdArea: 62.98 Sq.mtrAge: 1967-197529 Mar 2019£210,000First Sale
30 NARES ROADTerraced, FreeholdArea: 67 Sq.mtrAge: 1976-198220 Dec 2012£134,500-3.24%
19 Jun 2006£139,000107.48%
27 Nov 2000£66,99541.04%
31 Jan 1997£47,500First Sale
18 NARES ROADTerraced, FreeholdArea: 70.42 Sq.mtrAge: 1976-198222 Oct 2003£100,000First Sale
16 NARES ROADTerraced, Freehold14 Nov 1997£48,000First Sale

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

NARES ROAD, ME8 9RD Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £167,419 median price is £155,000 Standard Deviation is £89,022 with Total Sold: 708
    • The Last 5 Year average price is £310,943 with Total Sold: 88
    • The most recent sale happened at this postcode is , 10 CHISLET WALK: £325,000 (Sold on 09 Sep 2024)
    • The first recorded sale happened at this postcode is , 495 MAIDSTONE ROAD: £88,000 (Sold on 20 Jan 1995)
  • Terraced
    • The average price is around £143,442 median price is £138,500 Standard Deviation is £75,909 with Total Sold: 2,235
    • The Last 5 Year average price is £259,375 with Total Sold: 344
    • The most recent sale happened at this postcode is , 93 BURNHAM WALK: £275,000 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is , 21 HUNSTANTON CLOSE: £42,000 (Sold on 20 Jan 1995)
  • Detached
    • The average price is around £237,662 median price is £225,000 Standard Deviation is £126,628 with Total Sold: 433
    • The Last 5 Year average price is £415,112 with Total Sold: 67
    • The most recent sale happened at this postcode is , 34 HAWBECK ROAD: £375,000 (Sold on 07 Jun 2024)
    • The first recorded sale happened at this postcode is , 7 BAYSWATER DRIVE: £92,000 (Sold on 06 Jan 1995)
  • Other
    • The average price is around £215,315 median price is £275,000 Standard Deviation is £153,987 with Total Sold: 13
    • The Last 5 Year average price is £331,429 with Total Sold: 7
    • The most recent sale happened at this postcode is , 70A HAWBECK ROAD: £430,000 (Sold on 19 Jan 2024)
    • The first recorded sale happened at this postcode is , 22 PEVEREL GREEN: £600 (Sold on 26 Jul 2017)
  • Flat
    • The average price is around £91,042 median price is £95,000 Standard Deviation is £44,839 with Total Sold: 384
    • The Last 5 Year average price is £157,062 with Total Sold: 48
    • The most recent sale happened at this postcode is , 82 NARES ROAD: £200,000 (Sold on 15 Dec 2023)
    • The first recorded sale happened at this postcode is , 55 BOND ROAD: £31,500 (Sold on 06 Jan 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£376,5003
2023£320,000 £4,287 14
2022£353,500 £4,112 12
2021£307,444 £3,478 18
2020£295,119 £3,349 21
2019£289,000 £3,382 20
2018£322,293 £3,352 15
2017£280,377 £2,856 13
2016£261,196 £2,901 23
2015£239,767 £2,609 15
2014£213,614 £2,373 18
2013£209,966 £2,299 15
2012£183,633 £2,127 15
2011£172,333 £2,039 21
2010£186,194 £2,025 19
2009£169,453 £2,007 16
2008£176,018 £2,047 12
2007£188,512 £2,172 36
2006£176,437 £2,065 45
2005£182,348 £1,933 28
2004£161,795 £1,947 21
2003£126,694 £1,581 41
2002£130,783 £1,400 42
2001£98,659 £1,107 38
2000£94,441 £1,073 36
1999£78,223 £935 29
1998£74,517 £813 28
1997£67,446 £797 30
1996£61,898 £686 32
1995£60,375 £691 32
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£276,214 £3,846 28
2023£279,685 £3,553 46
2022£284,404 £3,803 50
2021£258,256 £3,342 88
2020£240,825 £2,944 58
2019£239,337 £3,123 74
2018£238,046 £3,024 54
2017£230,783 £2,984 76
2016£219,977 £2,829 76
2015£189,313 £2,446 83
2014£166,751 £2,244 71
2013£153,558 £1,956 56
2012£147,882 £1,913 51
2011£144,010 £1,905 47
2010£150,432 £1,910 46
2009£144,009 £1,824 43
2008£154,666 £2,070 33
2007£164,015 £2,071 93
2006£146,525 £1,874 90
2005£141,550 £1,809 73
2004£133,692 £1,736 90
2003£120,509 £1,558 89
2002£98,836 £1,287 106
2001£82,050 £1,109 120
2000£71,759 £976 89
1999£62,979 £829 115
1998£56,627 £736 114
1997£53,291 £679 118
1996£46,180 £611 92
1995£46,993 £603 66
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£370,250 £3,839 4
2023£369,222 £5,028 9
2022£477,885 £4,036 13
2021£443,125 £4,174 12
2020£394,031 £3,957 16
2019£398,000 £3,493 13
2018£333,921 £3,508 14
2017£345,727 £3,808 11
2016£387,167 £3,296 9
2015£296,917 £2,988 18
2014£257,447 £2,656 19
2013£231,842 £2,583 19
2012£254,133 £2,376 15
2011£206,550 £2,323 10
2010£237,491 £2,381 7
2009£220,221 £2,634 9
2008£247,800 £2,381 10
2007£300,807 £2,628 13
2006£275,130 £2,233 23
2005£210,438 £2,282 8
2004£262,226 £2,297 13
2003£219,750 £1,759 6
2002£181,069 £1,659 21
2001£146,328 £1,400 21
2000£141,152 £1,339 22
1999£118,690 £994 25
1998£114,382 £765 17
1997£94,120 £1,027 27
1996£80,398 £827 22
1995£91,429 £773 7
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£430,0001
2023£352,500 £4,285 2
2022£292,500 £4,010 2
2020£300,000 £2,875 2
2018£116,625 £1,691 4
2017£6,300 £8 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£185,571 £3,218 7
2022£157,091 £3,306 11
2021£153,962 £2,941 13
2020£152,389 £2,895 9
2019£142,375 £2,866 8
2018£158,950 £2,812 10
2017£152,893 £2,754 14
2016£123,094 £2,507 18
2015£118,833 £2,202 6
2014£117,192 £2,115 13
2013£98,278 £1,946 9
2012£96,333 £1,701 3
2011£94,188 £1,759 8
2010£100,000 £2,008 5
2009£91,500 £2,366 2
2008£116,812 £2,253 8
2007£114,216 £2,638 22
2006£107,461 £2,094 13
2005£103,291 £1,865 12
2004£98,905 £1,849 16
2003£89,521 £1,790 20
2002£69,812 £1,447 22
2001£52,789 £1,115 24
2000£50,467 £1,048 25
1999£40,939 £914 16
1998£38,965 £769 22
1997£35,499 £707 17
1996£31,232 £600 14
1995£32,647 £639 17

House Type in ME8 9RD area

The most common house types in the ME8 9RD postcode area are Terraced (99), Semi-detached (16), and Detached (5).

Total120
Terraced99
Semi-detached16
Detached5
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 (48), and Owned: Owns outright (40).

Owned: Owns with a mortgage or loan48
Owned: Owns outright40
Private rented: Private landlord or letting agency21
Private rented: Other private rented4
Social rented: Rents from council or Local Authority2
Social rented: Other social rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the ME8 9RD have 2 people in household (47), and 1 person in household (25).

2 people in household47
1 person in household25
3 people in household24
4 people in household18
5 people in household4
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0