Housing Market Analysis for NARES ROAD, ME8 9RF

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £166,175 median price is £176,250 Standard Deviation is £75,885 with Total Sold: 20
    • The Last 5 Year average price is £295,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 6 NARES ROAD: £330,000 (Sold on 14 Sep 2021)
    • The first recorded sale happened at this postcode is 15 NARES ROAD: £64,995 (Sold on 01 May 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average ME8 9RF 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
2021£330,000 £3,267 1
2019£260,000 £2,921 1
2018£250,000 £3,131 1
2016£230,000 £2,277 1
2014£211,667 £2,502 3
2013£177,500 £2,247 1
2012£148,000 £1,854 1
2011£169,333 £2,271 3
2007£100,0001
2005£190,0001
2002£110,000 £1,084 1
2001£90,000 £1,083 1
2000£87,000 £978 1
1998£73,000 £719 1
1997£67,498 £886 2

All the Sales in the NARES ROAD, ME8 9RF

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

AddressSold DatePrice% Change
6 NARES ROADSemi-Detached, FreeholdArea: 101 Sq.mtrAge: 1967-197514 Sep 2021£330,00043.48%
15 Jan 2016£230,000First Sale
4 NARES ROADSemi-Detached, FreeholdArea: 89 Sq.mtrAge: 1967-197519 Dec 2019£260,0008.33%
25 Jul 2014£240,000175.86%
09 Aug 2000£87,000First Sale
10 NARES ROADSemi-Detached, FreeholdArea: 79.84 Sq.mtrAge: 1950-196602 Nov 2018£250,00068.92%
20 Jan 2012£148,000First Sale
8 NARES ROADSemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1967-197516 Jun 2014£175,000First Sale
13 NARES ROADSemi-Detached, FreeholdArea: 83.08 Sq.mtrAge: 1967-197508 May 2014£220,00018.92%
02 Feb 2011£185,000105.56%
09 Jan 2001£90,000First Sale
17 NARES ROADSemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1967-197530 Sep 2013£177,500153.57%
19 Aug 1997£70,000First Sale
9 NARES ROADSemi-Detached, Freehold09 Nov 2011£88,000First Sale
5 NARES ROADSemi-Detached, FreeholdArea: 101.52 Sq.mtrAge: 1976-198211 May 2011£235,000113.64%
21 Feb 2002£110,00050.68%
28 Aug 1998£73,000First Sale
7 NARES ROADSemi-Detached, Freehold10 May 2007£100,000First Sale
15 NARES ROADSemi-Detached, Freehold27 Jun 2005£190,000192.33%
01 May 1997£64,995First Sale

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

NARES ROAD, ME8 9RF Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £144,309 median price is £139,995 Standard Deviation is £75,768 with Total Sold: 2,265
    • The Last 5 Year average price is £259,672 with Total Sold: 351
    • The most recent sale happened at this postcode is , 85 BAYSWATER DRIVE: £300,000 (Sold on 17 Sep 2024)
    • The first recorded sale happened at this postcode is , 21 HUNSTANTON CLOSE: £42,000 (Sold on 20 Jan 1995)
  • Semi-Detached
    • The average price is around £164,917 median price is £152,750 Standard Deviation is £88,269 with Total Sold: 686
    • The Last 5 Year average price is £311,267 with Total Sold: 86
    • 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 , 585 MIERSCOURT ROAD: £52,000 (Sold on 17 Feb 1995)
  • Detached
    • The average price is around £230,426 median price is £220,000 Standard Deviation is £121,590 with Total Sold: 380
    • The Last 5 Year average price is £403,615 with Total Sold: 61
    • 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 £207,842 median price is £265,000 Standard Deviation is £157,993 with Total Sold: 12
    • The Last 5 Year average price is £335,833 with Total Sold: 6
    • 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£278,935 £3,846 31
2023£279,000 £3,594 43
2022£285,263 £3,826 52
2021£257,866 £3,341 93
2020£241,516 £2,972 56
2019£238,960 £3,120 76
2018£238,355 £3,036 55
2017£230,122 £2,995 78
2016£220,977 £2,841 75
2015£189,948 £2,457 87
2014£168,122 £2,268 80
2013£152,754 £1,953 56
2012£147,882 £1,913 51
2011£144,010 £1,905 47
2010£150,157 £1,906 47
2009£144,032 £1,830 44
2008£154,970 £2,077 34
2007£163,313 £2,077 98
2006£146,651 £1,882 91
2005£141,851 £1,809 71
2004£133,829 £1,737 92
2003£120,867 £1,564 88
2002£98,884 £1,297 107
2001£82,808 £1,121 117
2000£71,729 £975 92
1999£63,246 £835 114
1998£56,676 £736 116
1997£53,278 £679 118
1996£46,243 £608 90
1995£47,092 £605 66
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£376,5003
2023£320,167 £4,276 15
2022£353,500 £4,112 12
2021£299,156 £3,548 16
2020£299,881 £3,343 21
2019£290,053 £3,349 19
2018£307,030 £3,142 13
2017£279,990 £2,971 15
2016£258,452 £2,961 21
2015£237,094 £2,675 16
2014£213,128 £2,406 16
2013£198,291 £2,254 12
2012£177,269 £2,123 13
2011£169,200 £1,994 20
2010£184,750 £2,025 18
2009£169,453 £2,007 16
2008£180,940 £2,079 13
2007£188,927 £2,188 35
2006£173,766 £2,047 44
2005£173,527 £2,034 27
2004£159,747 £1,954 19
2003£124,935 £1,592 39
2002£126,760 £1,421 40
2001£98,909 £1,116 38
2000£92,673 £1,040 34
1999£79,915 £944 30
1998£71,633 £803 30
1997£67,169 £779 29
1996£61,992 £675 33
1995£59,103 £696 29
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£370,250 £3,839 4
2023£369,222 £5,028 9
2022£457,292 £4,138 12
2021£443,125 £4,174 12
2020£364,192 £3,793 13
2019£388,818 £3,526 11
2018£328,838 £3,590 13
2017£324,389 £3,858 9
2016£384,312 £3,447 8
2015£279,531 £2,656 16
2014£250,029 £2,596 17
2013£228,111 £2,583 18
2012£236,115 £2,358 13
2011£205,278 £2,213 9
2010£241,240 £1,953 6
2009£216,499 £2,513 8
2008£242,722 £2,381 9
2007£290,249 £2,628 12
2006£261,433 £2,199 15
2005£210,438 £2,282 8
2004£255,099 £2,473 10
2003£210,875 £1,655 4
2002£166,941 £1,619 18
2001£140,111 £1,444 17
2000£141,230 £1,339 21
1999£114,238 £1,030 22
1998£113,718 £776 16
1997£94,548 £1,027 26
1996£76,265 £804 17
1995£91,429 £773 7
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£430,0001
2023£400,000 £4,938 1
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 9RF area

The most common house types in the ME8 9RF postcode area are Terraced (79), Semi-detached (31), and Detached (2).

Total113
Terraced79
Semi-detached31
Detached2
Flat1
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 outright (47), and Owned: Owns with a mortgage or loan (43).

Owned: Owns outright47
Owned: Owns with a mortgage or loan43
Private rented: Private landlord or letting agency17
Social rented: Other social rented4
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 9RF have 2 people in household (42), and 1 person in household (30).

2 people in household42
1 person in household30
3 people in household20
4 people in household14
5 people in household5
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0