Housing Market Analysis for NARES ROAD, ME8 9RQ

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £123,809 median price is £115,000 Standard Deviation is £51,341 with Total Sold: 17
    • The Last 5 Year average price is £180,200 with Total Sold: 5
    • The most recent sale happened at this postcode is 66 NARES ROAD: £179,000 (Sold on 21 Nov 2023)
    • The first recorded sale happened at this postcode is 82 NARES ROAD: £200,000 (Sold on 15 Dec 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average ME8 9RQ 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£189,500 £2,841 2
2022£185,000 £2,846 1
2020£170,000 £2,361 1
2019£167,000 £2,530 1
2018£166,000 £2,554 1
2017£175,000 £2,734 1
2016£130,000 £1,806 1
2014£100,000 £1,695 1
2012£95,000 £1,310 1
2010£115,000 £1,742 1
2006£105,000 £1,780 1
2004£97,500 £1,523 1
2003£95,000 £1,319 1
2000£53,750 £747 1
1998£33,500 £465 1
1997£38,000 £594 1

All the Sales in the NARES ROAD, ME8 9RQ

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

AddressSold DatePrice% Change
66 NARES ROADFlat, LeaseholdArea: 63 Sq.mtrAge: 1967-197521 Nov 2023£179,000First Sale
76 NARES ROADFlat, LeaseholdArea: 65 Sq.mtrAge: 1950-196621 Mar 2022£185,00011.45%
20 Nov 2018£166,000First Sale
78 NARES ROADFlat, LeaseholdArea: 72 Sq.mtrAge: 1950-196618 Dec 2020£170,00030.77%
22 Apr 2016£130,00036.84%
28 May 2003£95,00076.74%
20 Oct 2000£53,75060.45%
02 Nov 1998£33,500First Sale
60 NARES ROADFlat, LeaseholdArea: 66 Sq.mtrAge: 1930-194915 Mar 2019£167,00045.22%
22 Jan 2010£115,000First Sale
82 NARES ROADFlat, LeaseholdArea: 64 Sq.mtrAge: 1967-197521 Aug 2017£175,00079.49%
13 Sep 2004£97,500156.58%
09 May 1997£38,000-81.00%
15 Dec 2023£200,000First Sale
74 NARES ROADFlat, LeaseholdArea: 59 Sq.mtrAge: 1967-197506 Mar 2014£100,000-4.76%
17 Mar 2006£105,000First Sale
70 NARES ROADFlat, LeaseholdArea: 72.52 Sq.mtr16 Mar 2012£95,000First Sale

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

NARES ROAD, ME8 9RQ Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £167,909 median price is £155,000 Standard Deviation is £89,430 with Total Sold: 686
    • The Last 5 Year average price is £318,483 with Total Sold: 87
    • 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 £143,991 median price is £139,000 Standard Deviation is £76,066 with Total Sold: 2,235
    • The Last 5 Year average price is £259,680 with Total Sold: 350
    • 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 £235,626 median price is £224,000 Standard Deviation is £125,346 with Total Sold: 370
    • The Last 5 Year average price is £412,742 with Total Sold: 60
    • 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 , 14 BARLOW CLOSE: £83,000 (Sold on 24 Mar 1995)
  • Other
    • The average price is around £233,210 median price is £291,250 Standard Deviation is £158,558 with Total Sold: 10
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£336,500 £4,423 3
2023£337,971 £4,509 17
2022£358,083 £4,179 12
2021£305,868 £3,595 19
2020£304,475 £3,467 20
2019£297,188 £3,379 16
2018£313,899 £3,321 16
2017£262,421 £2,893 14
2016£258,771 £2,965 24
2015£236,031 £2,638 16
2014£208,000 £2,366 17
2013£205,178 £2,349 14
2012£181,292 £2,227 12
2011£171,773 £1,969 22
2010£182,579 £2,041 19
2009£171,617 £2,042 15
2008£182,440 £2,094 13
2007£184,998 £2,154 32
2006£177,243 £2,083 44
2005£171,675 £2,046 27
2004£152,360 £1,968 20
2003£127,328 £1,577 38
2002£127,926 £1,380 40
2001£100,109 £1,149 37
2000£90,512 £1,085 31
1999£77,393 £942 31
1998£73,375 £823 32
1997£67,688 £805 30
1996£61,077 £672 29
1995£61,577 £695 26
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£276,074 £3,846 27
2023£277,432 £3,626 44
2022£289,898 £3,843 52
2021£258,527 £3,359 94
2020£241,235 £3,013 59
2019£238,080 £3,120 74
2018£238,745 £3,075 53
2017£231,112 £3,014 80
2016£220,452 £2,868 77
2015£188,024 £2,463 84
2014£166,185 £2,251 72
2013£154,032 £1,980 55
2012£148,470 £1,915 50
2011£146,064 £1,931 46
2010£148,498 £1,925 45
2009£144,637 £1,836 43
2008£155,389 £2,068 36
2007£160,149 £2,096 93
2006£145,384 £1,897 87
2005£140,536 £1,847 75
2004£134,481 £1,734 90
2003£119,821 £1,560 82
2002£99,698 £1,298 100
2001£82,471 £1,124 121
2000£71,547 £984 96
1999£62,554 £833 117
1998£57,342 £743 109
1997£52,304 £675 123
1996£47,192 £622 86
1995£47,008 £612 65
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£361,0003
2023£380,000 £5,448 8
2022£481,458 £4,104 12
2021£437,500 £4,267 13
2020£367,875 £3,852 12
2019£396,833 £3,561 12
2018£338,029 £3,646 14
2017£321,000 £4,041 7
2016£374,062 £3,636 8
2015£289,833 £2,656 15
2014£251,970 £2,658 17
2013£212,062 £2,652 16
2012£253,038 £2,472 13
2011£195,056 £2,288 9
2010£241,248 £2,808 6
2009£207,427 £2,553 7
2008£229,312 £2,381 8
2007£292,153 £2,803 13
2006£274,528 £2,208 18
2005£210,438 £2,282 8
2004£266,694 £2,264 10
2003£218,700 £1,759 5
2002£177,702 £1,647 17
2001£145,047 £1,392 19
2000£142,142 £1,339 20
1999£113,152 £942 18
1998£114,500 £760 13
1997£94,358 £1,016 23
1996£80,579 £832 19
1995£87,500 £697 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£105,500 £1,691 3
2017£600 £8 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
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 9RQ area

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

Total121
Terraced64
Flat37
Semi-detached19
Detached1
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 (53), and Owned: Owns outright (34).

Owned: Owns with a mortgage or loan53
Owned: Owns outright34
Private rented: Private landlord or letting agency22
Social rented: Rents from council or Local Authority3
Social rented: Other social rented3
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the ME8 9RQ have 2 people in household (39), and 1 person in household (38).

2 people in household39
1 person in household38
3 people in household23
4 people in household15
6 people in household4
5 people in household1
0 people in household0
7 people in household0
8 or more people in household0