Housing Market Analysis for CHUTE CLOSE, ME8 9RW

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

Overview of Sold House prices

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

Detached
- The average price is around £173,150 median price is £135,475 Standard Deviation is £97,167 with Total Sold: 6
- The Last 5 Year average price is £301,750 with Total Sold: 2
- The most recent sale happened at this postcode is 1 CHUTE CLOSE: £330,000 (Sold on 28 Jul 2023)
- The first recorded sale happened at this postcode is 3 CHUTE CLOSE: £61,500 (Sold on 18 Jul 1996)
Terraced
- The average price is around £161,033 median price is £159,995 Standard Deviation is £65,843 with Total Sold: 15
- The Last 5 Year average price is £272,000 with Total Sold: 2
- The most recent sale happened at this postcode is 16 CHUTE CLOSE: £285,000 (Sold on 14 Apr 2022)
- The first recorded sale happened at this postcode is 15 CHUTE CLOSE: £54,500 (Sold on 14 Nov 1997)
Semi-Detached
- The average price is around £97,250 median price is £97,250 Standard Deviation is £27,750 with Total Sold: 2
- The most recent sale happened at this postcode is 6 CHUTE CLOSE: £125,000 (Sold on 14 Nov 2002)
- The first recorded sale happened at this postcode is 8 CHUTE CLOSE: £69,500 (Sold on 15 Dec 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average ME8 9RW 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: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£330,000	£6,600	1
2020	£273,500	£4,798	1
2013	£165,000	£3,438	1
2001	£104,450	£2,162	2
1996	£61,500	£1,079	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£285,000	£3,750	1
2019	£259,000	£3,648	1
2018	£222,000		1
2016	£205,000	£2,664	2
2015	£173,000	£2,400	1
2014	£160,000	£2,000	1
2012	£142,000	£1,868	1
2009	£152,000	£2,108	1
2008	£159,995		1
2005	£135,500	£1,769	2
2000	£62,995	£829	1
1998	£64,000	£888	1
1997	£54,500		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2002	£125,000	£1,543	1
2000	£69,500	£979	1

All the Sales in the CHUTE CLOSE, ME8 9RW

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

Address	Sold Date	Price	% Change
1 CHUTE CLOSEDetached, FreeholdArea: 50 Sq.mtrAge: 1967-1975	28 Jul 2023	£330,000	First Sale
16 CHUTE CLOSETerraced, FreeholdArea: 76 Sq.mtrAge: 1967-1975	14 Apr 2022	£285,000	32.56%
	29 Jul 2016	£215,000	First Sale
3 CHUTE CLOSEDetached, FreeholdArea: 57 Sq.mtrAge: 1967-1975	13 Oct 2020	£273,500	344.72%
	18 Jul 1996	£61,500	First Sale
8 CHUTE CLOSETerraced, FreeholdArea: 71 Sq.mtrAge: 1967-1975	21 Oct 2019	£259,000	272.66%
	15 Dec 2000	£69,500	First Sale
15 CHUTE CLOSETerraced, Freehold	08 Feb 2018	£222,000	38.75%
	04 Apr 2008	£159,995	193.57%
	14 Nov 1997	£54,500	First Sale
13 CHUTE CLOSETerraced, FreeholdArea: 78 Sq.mtrAge: 1967-1975	27 Apr 2016	£195,000	41.30%
	10 Jun 2005	£138,000	First Sale
7 CHUTE CLOSETerraced, FreeholdArea: 72.09 Sq.mtrAge: 1983-1990	10 Jul 2015	£173,000	13.82%
	15 Oct 2009	£152,000	137.50%
	03 Sep 1998	£64,000	First Sale
6 CHUTE CLOSETerraced, FreeholdArea: 80 Sq.mtrAge: 1967-1975	28 Feb 2014	£160,000	28.00%
	14 Nov 2002	£125,000	First Sale
2 CHUTE CLOSEDetached, FreeholdArea: 48 Sq.mtrAge: 1967-1975	21 Aug 2013	£165,000	First Sale
11 CHUTE CLOSETerraced, FreeholdArea: 76 Sq.mtrAge: 1967-1975	19 Dec 2012	£142,000	125.41%
	24 Feb 2000	£62,995	First Sale
12 CHUTE CLOSETerraced, Freehold	06 Jun 2005	£133,000	First Sale
4 CHUTE CLOSEDetached, FreeholdArea: 49 Sq.mtrAge: 1950-1966	01 Nov 2001	£105,950	First Sale
5 CHUTE CLOSEDetached, Freehold	25 May 2001	£102,950	First Sale

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

CHUTE CLOSE, ME8 9RW Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £176,567 median price is £166,000 Standard Deviation is £91,903 with Total Sold: 675
- The Last 5 Year average price is £329,685 with Total Sold: 84
- 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 £143,332 median price is £138,000 Standard Deviation is £76,765 with Total Sold: 1,859
- The Last 5 Year average price is £260,740 with Total Sold: 293
- 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 , 51 COLLET WALK: £39,000 (Sold on 27 Jan 1995)
Detached
- The average price is around £240,688 median price is £225,000 Standard Deviation is £130,908 with Total Sold: 515
- The Last 5 Year average price is £402,462 with Total Sold: 80
- 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 £188,451 median price is £150,000 Standard Deviation is £164,929 with Total Sold: 11
- The Last 5 Year average price is £267,643 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 £90,806 median price is £94,000 Standard Deviation is £44,854 with Total Sold: 341
- The Last 5 Year average price is £159,325 with Total Sold: 40
- 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	£356,500		3
2023	£341,176	£4,403	17
2022	£360,538	£4,119	13
2021	£325,941	£3,743	17
2020	£318,079	£3,529	19
2019	£303,500	£3,434	15
2018	£329,118	£3,340	17
2017	£276,809	£3,037	11
2016	£261,432	£3,005	22
2015	£239,000	£2,703	13
2014	£215,639	£2,462	18
2013	£215,636	£2,416	22
2012	£196,107	£2,254	14
2011	£180,433	£2,035	23
2010	£192,366	£2,127	21
2009	£174,890	£2,001	16
2008	£191,440	£2,040	13
2007	£195,904	£2,218	37
2006	£180,908	£2,175	39
2005	£184,708	£2,041	30
2004	£158,884	£1,962	20
2003	£131,593	£1,606	37
2002	£134,408	£1,413	39
2001	£106,079	£1,162	33
2000	£95,543	£1,050	32
1999	£80,943	£927	32
1998	£74,480	£767	23
1997	£71,462	£827	29
1996	£61,220	£654	26
1995	£61,833	£683	24

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£280,360	£3,852	25
2023	£288,090	£3,571	39
2022	£288,390	£3,754	41
2021	£255,527	£3,310	73
2020	£243,486	£2,941	52
2019	£238,311	£3,082	63
2018	£239,130	£3,003	46
2017	£228,316	£2,960	57
2016	£218,254	£2,805	60
2015	£188,317	£2,428	71
2014	£165,154	£2,216	54
2013	£152,766	£1,967	48
2012	£149,694	£1,901	49
2011	£142,486	£1,920	39
2010	£151,885	£1,887	37
2009	£146,059	£1,817	34
2008	£157,560	£2,115	25
2007	£166,085	£2,140	75
2006	£146,422	£1,868	71
2005	£140,962	£1,819	61
2004	£132,304	£1,704	74
2003	£120,817	£1,597	77
2002	£98,572	£1,282	88
2001	£82,959	£1,120	95
2000	£72,015	£966	73
1999	£63,062	£836	99
1998	£57,382	£727	91
1997	£53,545	£672	98
1996	£47,002	£610	88
1995	£48,309	£602	56

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£442,750		4
2023	£363,909	£5,182	11
2022	£456,900	£4,204	15
2021	£399,000	£4,049	19
2020	£394,656	£3,872	16
2019	£378,267	£3,376	15
2018	£365,564	£3,617	22
2017	£363,633	£3,728	15
2016	£388,733	£3,345	15
2015	£283,364	£2,904	22
2014	£257,381	£2,705	21
2013	£220,155	£2,677	19
2012	£262,324	£2,461	17
2011	£201,412	£2,303	12
2010	£239,721	£2,547	9
2009	£206,332	£2,685	9
2008	£227,722	£2,277	9
2007	£293,305	£2,615	18
2006	£269,560	£2,273	25
2005	£235,964	£2,100	14
2004	£279,449	£2,138	11
2003	£242,938	£1,880	8
2002	£185,697	£1,644	25
2001	£148,255	£1,422	31
2000	£135,911	£1,120	27
1999	£115,760	£921	24
1998	£108,845	£792	21
1997	£93,694	£1,052	27
1996	£78,719	£843	24
1995	£93,650	£777	10

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£430,000		1
2023	£352,500	£4,285	2
2022	£125,756	£1,479	1
2020	£172,550	£2,875	2
2018	£116,625	£1,691	4
2017	£600	£8	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£186,500	£3,085	6
2022	£153,556	£3,253	9
2021	£158,682	£2,969	11
2020	£160,357	£2,913	7
2019	£143,429	£2,931	7
2018	£157,056	£2,793	9
2017	£153,115	£2,779	13
2016	£123,481	£2,458	16
2015	£125,375	£2,184	4
2014	£116,541	£2,155	12
2013	£96,417	£2,024	6
2012	£96,333	£1,701	3
2011	£98,300	£1,798	5
2010	£100,000	£2,008	5
2009	£91,500	£2,366	2
2008	£116,812	£2,253	8
2007	£114,862	£2,628	20
2006	£108,291	£2,188	12
2005	£106,136	£1,933	11
2004	£98,540	£1,962	12
2003	£89,521	£1,790	20
2002	£70,279	£1,447	21
2001	£52,884	£1,160	22
2000	£50,713	£1,094	22
1999	£41,002	£915	14
1998	£39,512	£785	20
1997	£35,592	£707	16
1996	£31,558	£634	13
1995	£33,300	£651	15

House Type in ME8 9RW area

The most common house types in the ME8 9RW postcode area are Terraced (107), Semi-detached (14), and Detached (6).

Total	127
Terraced	107
Semi-detached	14
Detached	6
Flat	0
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 (61), and Owned: Owns outright (41).

Owned: Owns with a mortgage or loan	61
Owned: Owns outright	41
Private rented: Private landlord or letting agency	22
Social rented: Other social rented	2
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the ME8 9RW have 2 people in household (50), and 1 person in household (31).

2 people in household	50
1 person in household	31
4 people in household	25
3 people in household	17
5 people in household	6
7 people in household	1
0 people in household	0
6 people in household	0
8 or more people in household	0