Housing Market Analysis for NARES ROAD, ME8 9RG

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

Overview of Sold House prices

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

Terraced
- The average price is around £154,785 median price is £148,000 Standard Deviation is £65,760 with Total Sold: 28
- The Last 5 Year average price is £233,500 with Total Sold: 5
- The most recent sale happened at this postcode is 25 NARES ROAD: £317,500 (Sold on 18 Aug 2023)
- The first recorded sale happened at this postcode is 44 NARES ROAD: £44,995 (Sold on 14 Feb 1997)
Semi-Detached
- The average price is around £168,625 median price is £178,500 Standard Deviation is £39,537 with Total Sold: 4
- The most recent sale happened at this postcode is 21 NARES ROAD: £185,000 (Sold on 27 May 2014)
- The first recorded sale happened at this postcode is 29 NARES ROAD: £105,000 (Sold on 02 Feb 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average ME8 9RG 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£317,500	£4,071	1
2020	£211,000	£2,985	2
2019	£214,000	£3,076	2
2018	£215,000	£3,116	1
2017	£212,000	£3,072	1
2016	£227,000	£2,924	3
2015	£165,000	£2,500	1
2014	£155,000	£2,246	1
2012	£147,000	£2,000	1
2007	£149,995	£2,239	1
2006	£144,000	£1,910	2
2005	£144,000		1
2004	£129,748	£1,690	2
2003	£112,500	£1,551	3
2002	£98,748	£1,060	2
2000	£66,995	£926	1
1998	£53,000	£621	1
1997	£47,498	£619	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2014	£185,000	£2,372	1
2011	£212,500	£1,693	1
2004	£172,000	£1,370	1
2001	£105,000	£836	1

All the Sales in the NARES ROAD, ME8 9RG

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

Address	Sold Date	Price	% Change
25 NARES ROADTerraced, FreeholdArea: 78 Sq.mtrAge: 1967-1975	18 Aug 2023	£317,500	First Sale
46 NARES ROADTerraced, FreeholdArea: 69 Sq.mtrAge: 1967-1975	17 Dec 2020	£205,000	-3.30%
	17 Jan 2017	£212,000	36.77%
	07 Jan 2014	£155,000	First Sale
42 NARES ROADTerraced, FreeholdArea: 72.36 Sq.mtrAge: 1976-1982	17 Jul 2020	£217,000	44.67%
	10 May 2007	£149,995	123.89%
	28 Jan 2000	£66,995	First Sale
52 NARES ROADTerraced, FreeholdArea: 73.5 Sq.mtrAge: 1976-1982	25 Oct 2019	£215,000	46.26%
	18 Dec 2012	£147,000	First Sale
34 NARES ROADTerraced, FreeholdArea: 66 Sq.mtrAge: 1967-1975	08 Mar 2019	£213,000	10.08%
	19 Aug 2016	£193,500	17.27%
	22 Jun 2015	£165,000	First Sale
44 NARES ROADTerraced, FreeholdArea: 69 Sq.mtrAge: 1976-1982	12 Oct 2018	£215,000	75.51%
	02 Apr 2004	£122,500	16.67%
	17 Jan 2003	£105,000	133.36%
	14 Feb 1997	£44,995	First Sale
38 NARES ROADTerraced, FreeholdArea: 67 Sq.mtrAge: 1967-1975	08 Nov 2016	£212,500	First Sale
32 NARES ROADTerraced, FreeholdArea: 103 Sq.mtrAge: 1967-1975	31 Aug 2016	£275,000	First Sale
21 NARES ROADSemi-Detached, FreeholdArea: 78 Sq.mtrAge: 1976-1982	27 May 2014	£185,000	24.16%
	28 Feb 2006	£149,000	First Sale
29 NARES ROADSemi-Detached, FreeholdArea: 125.55 Sq.mtrAge: 1967-1975	27 Sep 2011	£212,500	23.55%
	18 Jun 2004	£172,000	63.81%
	02 Feb 2001	£105,000	First Sale
58 NARES ROADTerraced, Freehold	19 May 2006	£139,000	First Sale
48 NARES ROADTerraced, Freehold	01 Dec 2005	£144,000	34.59%
48 NARES ROADTerraced, Freehold	17 Sep 2002	£106,995	First Sale
50 NARES ROADTerraced, FreeholdArea: 85.34 Sq.mtrAge: 1967-1975	13 Dec 2004	£136,995	51.38%
	18 Feb 2002	£90,500	70.75%
	20 Mar 1998	£53,000	6.00%
	26 Sep 1997	£50,000	First Sale
56 NARES ROADTerraced, Freehold	21 May 2003	£123,500	First Sale
36 NARES ROADTerraced, FreeholdArea: 69 Sq.mtrAge: 1976-1982	14 Apr 2003	£109,000	First Sale

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

NARES ROAD, ME8 9RG Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £168,915 median price is £158,975 Standard Deviation is £89,217 with Total Sold: 690
- The Last 5 Year average price is £314,159 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 £143,685 median price is £139,000 Standard Deviation is £75,481 with Total Sold: 2,235
- The Last 5 Year average price is £258,629 with Total Sold: 345
- 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 , 36 THORPE WALK: £52,500 (Sold on 12 Jan 1995)
Detached
- The average price is around £235,824 median price is £223,250 Standard Deviation is £128,456 with Total Sold: 392
- The Last 5 Year average price is £412,148 with Total Sold: 64
- 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 £92,345 median price is £95,000 Standard Deviation is £45,336 with Total Sold: 376
- The Last 5 Year average price is £160,652 with Total Sold: 46
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£336,500	£4,423	3
2023	£326,333	£4,370	15
2022	£353,500	£4,112	12
2021	£306,778	£3,551	18
2020	£304,167	£3,460	21
2019	£294,211	£3,389	19
2018	£319,399	£3,293	16
2017	£266,460	£2,873	15
2016	£258,068	£2,963	22
2015	£239,767	£2,609	15
2014	£211,565	£2,372	16
2013	£210,906	£2,368	16
2012	£186,967	£2,220	15
2011	£171,773	£1,969	22
2010	£183,300	£1,996	19
2009	£172,015	£2,007	17
2008	£176,611	£2,080	11
2007	£184,589	£2,099	33
2006	£175,904	£2,066	45
2005	£180,842	£1,933	27
2004	£161,795	£1,947	21
2003	£128,191	£1,574	39
2002	£129,027	£1,343	40
2001	£97,637	£1,116	33
2000	£93,423	£1,068	34
1999	£79,632	£944	30
1998	£74,611	£813	27
1997	£68,221	£808	29
1996	£60,008	£665	29
1995	£60,096	£691	31

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£276,214	£3,846	28
2023	£277,721	£3,623	43
2022	£285,384	£3,813	50
2021	£257,973	£3,355	92
2020	£240,644	£2,988	58
2019	£237,715	£3,129	74
2018	£236,843	£3,044	54
2017	£230,437	£3,001	79
2016	£220,350	£2,836	78
2015	£188,043	£2,454	82
2014	£166,347	£2,246	73
2013	£153,604	£1,980	55
2012	£148,559	£1,913	51
2011	£144,070	£1,898	49
2010	£149,657	£1,924	44
2009	£144,140	£1,814	42
2008	£154,823	£2,080	34
2007	£162,129	£2,099	92
2006	£146,499	£1,888	90
2005	£140,722	£1,842	75
2004	£134,115	£1,735	90
2003	£119,820	£1,560	87
2002	£99,656	£1,290	103
2001	£82,112	£1,109	121
2000	£71,572	£977	98
1999	£63,097	£834	114
1998	£57,434	£741	110
1997	£52,910	£678	119
1996	£46,717	£616	88
1995	£46,718	£608	62

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£370,250	£3,839	4
2023	£369,778	£5,227	9
2022	£468,864	£4,034	11
2021	£441,250	£4,259	14
2020	£390,321	£3,989	14
2019	£397,417	£3,456	12
2018	£328,838	£3,590	13
2017	£343,438	£4,013	8
2016	£384,722	£3,305	9
2015	£307,031	£3,003	16
2014	£255,861	£2,656	18
2013	£212,062	£2,652	16
2012	£248,292	£2,421	12
2011	£206,550	£2,323	10
2010	£233,498	£2,776	5
2009	£212,749	£2,685	8
2008	£229,312	£2,381	8
2007	£298,791	£2,745	12
2006	£282,700	£2,208	20
2005	£210,438	£2,282	8
2004	£263,267	£2,309	11
2003	£218,700	£1,759	5
2002	£183,207	£1,711	19
2001	£145,047	£1,392	19
2000	£139,292	£1,339	20
1999	£117,083	£978	21
1998	£111,218	£739	16
1997	£94,120	£1,027	27
1996	£79,026	£828	19
1995	£88,062	£773	8

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£430,000		1
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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£184,625	£3,231	8
2022	£159,800	£3,273	10
2021	£158,208	£2,939	12
2020	£159,688	£2,898	8
2019	£142,375	£2,866	8
2018	£158,950	£2,812	10
2017	£152,719	£2,770	16
2016	£123,571	£2,466	17
2015	£125,375	£2,184	4
2014	£117,035	£2,112	14
2013	£99,062	£1,947	8
2012	£96,333	£1,701	3
2011	£98,583	£1,754	6
2010	£103,333	£2,013	6
2009	£91,500	£2,366	2
2008	£117,722	£2,266	9
2007	£114,862	£2,628	20
2006	£107,800	£2,071	15
2005	£99,153	£1,797	13
2004	£98,905	£1,849	16
2003	£89,521	£1,790	20
2002	£70,279	£1,447	21
2001	£52,789	£1,115	24
2000	£50,467	£1,048	25
1999	£41,002	£915	14
1998	£39,392	£772	21
1997	£35,592	£707	16
1996	£31,232	£600	14
1995	£33,375	£651	16

House Type in ME8 9RG area

The most common house types in the ME8 9RG postcode area are Terraced (64), Flat (37), and Semi-detached (19).

Total	121
Terraced	64
Flat	37
Semi-detached	19
Detached	1
Shared house	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 with a mortgage or loan (53), and Owned: Owns outright (34).

Owned: Owns with a mortgage or loan	53
Owned: Owns outright	34
Private rented: Private landlord or letting agency	22
Social rented: Rents from council or Local Authority	3
Social rented: Other social rented	3
Private rented: Other private rented	1
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 9RG have 2 people in household (39), and 1 person in household (38).

2 people in household	39
1 person in household	38
3 people in household	23
4 people in household	15
6 people in household	4
5 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0