Housing Market Analysis for CHIPSTEAD ROAD, ME8 9SQ

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

Overview of Sold House prices

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

Terraced
- The average price is around £167,900 median price is £160,500 Standard Deviation is £78,262 with Total Sold: 25
- The Last 5 Year average price is £266,250 with Total Sold: 4
- The most recent sale happened at this postcode is 7A CHIPSTEAD ROAD: £280,000 (Sold on 26 May 2023)
- The first recorded sale happened at this postcode is 19 CHIPSTEAD ROAD: £52,000 (Sold on 09 Aug 1995)
Semi-Detached
- The average price is around £58,000 median price is £58,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 7 CHIPSTEAD ROAD: £58,000 (Sold on 06 Feb 1998)
- The first recorded sale happened at this postcode is 7 CHIPSTEAD ROAD: £58,000 (Sold on 06 Feb 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average ME8 9SQ 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	£280,000	£3,836	1
2021	£265,000	£3,044	2
2020	£255,000	£2,865	1
2018	£247,500	£3,076	2
2017	£250,000	£2,786	2
2016	£220,000	£2,523	2
2014	£140,000	£1,667	1
2012	£158,000	£1,819	1
2011	£142,000	£1,919	1
2010	£170,000	£1,604	1
2008	£186,000		1
2006	£160,500		1
2004	£146,500	£1,387	2
2002	£115,500		1
1999	£67,750		2
1997	£49,500	£541	2
1995	£49,000		2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
1998	£58,000	£652	1

All the Sales in the CHIPSTEAD ROAD, ME8 9SQ

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

Address	Sold Date	Price	% Change
7A CHIPSTEAD ROADTerraced, FreeholdArea: 73 Sq.mtrAge: 1996-2002	26 May 2023	£280,000	9.80%
	21 May 2021	£255,000	6.25%
	20 Jul 2018	£240,000	14.29%
	14 Mar 2016	£210,000	First Sale
15 CHIPSTEAD ROADTerraced, FreeholdArea: 106 Sq.mtrAge: 1983-1990	18 Feb 2021	£275,000	19.57%
	18 Mar 2016	£230,000	35.29%
	18 Aug 2010	£170,000	15.65%
	07 Jul 2004	£147,000	First Sale
11 CHIPSTEAD ROADTerraced, FreeholdArea: 89 Sq.mtrAge: 1976-1982	30 Jan 2020	£255,000	0.0
	14 Sep 2018	£255,000	First Sale
27 CHIPSTEAD ROADTerraced, FreeholdArea: 114 Sq.mtrAge: 1967-1975	03 Nov 2017	£250,000	First Sale
13 CHIPSTEAD ROADTerraced, FreeholdArea: 74 Sq.mtrAge: 1967-1975	09 Aug 2017	£250,000	76.06%
	08 Nov 2011	£142,000	First Sale
31 CHIPSTEAD ROADTerraced, FreeholdArea: 84 Sq.mtrAge: 1967-1975	13 Aug 2014	£140,000	First Sale
25 CHIPSTEAD ROADTerraced, FreeholdArea: 86.84 Sq.mtrAge: 1950-1966	30 May 2012	£158,000	236.17%
	19 Sep 1997	£47,000	First Sale
41 CHIPSTEAD ROADTerraced, Freehold	10 Mar 2008	£186,000	161.97%
41 CHIPSTEAD ROADTerraced, Freehold	30 Jun 1999	£71,000	First Sale
39 CHIPSTEAD ROADTerraced, Freehold	05 Jul 2006	£160,500	208.65%
39 CHIPSTEAD ROADTerraced, Freehold	04 Aug 1997	£52,000	First Sale
19 CHIPSTEAD ROADTerraced, Freehold	25 Aug 2004	£146,000	180.77%
19 CHIPSTEAD ROADTerraced, Freehold	09 Aug 1995	£52,000	First Sale
29 CHIPSTEAD ROADTerraced, Freehold	05 Dec 2002	£115,500	151.09%
29 CHIPSTEAD ROADTerraced, Freehold	20 Oct 1995	£46,000	First Sale
33 CHIPSTEAD ROADTerraced, Freehold	09 Sep 1999	£64,500	First Sale
7 CHIPSTEAD ROADSemi-Detached, FreeholdArea: 89 Sq.mtrAge: 1967-1975	06 Feb 1998	£58,000	First Sale

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

CHIPSTEAD ROAD, ME8 9SQ Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £176,387 median price is £164,000 Standard Deviation is £94,716 with Total Sold: 677
- The Last 5 Year average price is £333,633 with Total Sold: 90
- 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 , 9 HANOVER DRIVE: £78,000 (Sold on 09 Jan 1995)
Terraced
- The average price is around £143,278 median price is £138,498 Standard Deviation is £76,011 with Total Sold: 2,124
- The Last 5 Year average price is £259,834 with Total Sold: 331
- 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 £251,596 median price is £230,000 Standard Deviation is £136,153 with Total Sold: 389
- The Last 5 Year average price is £428,435 with Total Sold: 62
- 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 , 11A FERRIER CLOSE: £92,000 (Sold on 26 May 1995)
Other
- The average price is around £198,580 median price is £227,500 Standard Deviation is £161,441 with Total Sold: 12
- The Last 5 Year average price is £273,694 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 £93,384 median price is £95,500 Standard Deviation is £45,363 with Total Sold: 348
- The Last 5 Year average price is £161,667 with Total Sold: 42
- 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	£358,886	£4,525	22
2022	£358,615	£4,206	13
2021	£324,091	£3,851	22
2020	£310,900	£3,589	15
2019	£311,100	£3,567	15
2018	£322,846	£3,426	17
2017	£269,377	£3,133	13
2016	£264,980	£3,032	25
2015	£235,308	£2,624	13
2014	£220,550	£2,556	19
2013	£214,206	£2,396	17
2012	£190,500	£2,212	14
2011	£177,593	£2,038	21
2010	£196,894	£2,100	17
2009	£179,078	£2,067	16
2008	£183,156	£2,060	11
2007	£186,332	£2,197	36
2006	£179,229	£2,164	39
2005	£184,124	£1,848	26
2004	£162,122	£2,091	22
2003	£131,027	£1,536	36
2002	£132,364	£1,415	40
2001	£102,350	£1,155	33
2000	£94,289	£1,054	29
1999	£80,635	£934	31
1998	£75,516	£819	31
1997	£72,098	£836	30
1996	£59,672	£644	26
1995	£61,100	£688	25

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£275,815	£3,852	27
2023	£280,817	£3,584	41
2022	£291,167	£3,829	48
2021	£257,097	£3,330	88
2020	£241,618	£2,965	57
2019	£238,171	£3,093	70
2018	£237,433	£3,048	52
2017	£230,923	£2,993	71
2016	£220,274	£2,840	72
2015	£186,734	£2,450	79
2014	£166,823	£2,244	66
2013	£154,895	£1,988	55
2012	£148,606	£1,902	47
2011	£143,332	£1,904	45
2010	£147,771	£1,923	42
2009	£144,105	£1,827	42
2008	£153,953	£2,059	32
2007	£160,894	£2,093	86
2006	£145,397	£1,879	84
2005	£139,974	£1,835	71
2004	£133,883	£1,728	85
2003	£120,677	£1,577	84
2002	£99,162	£1,283	98
2001	£81,930	£1,115	114
2000	£71,338	£967	89
1999	£62,787	£831	109
1998	£57,325	£743	103
1997	£52,232	£671	118
1996	£46,982	£622	88
1995	£46,829	£606	61

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£443,333		3
2023	£380,000	£5,448	8
2022	£481,042	£4,118	12
2021	£443,500	£4,392	12
2020	£398,708	£4,093	12
2019	£420,933	£3,464	15
2018	£365,493	£3,641	15
2017	£373,682	£3,699	11
2016	£415,545	£3,538	11
2015	£309,000	£3,283	13
2014	£238,730	£2,801	13
2013	£220,379	£2,786	17
2012	£272,167	£2,496	15
2011	£203,111	£2,400	9
2010	£262,277	£2,773	9
2009	£210,284	£2,836	7
2008	£229,312	£2,381	8
2007	£301,866	£2,803	15
2006	£288,974	£2,246	19
2005	£238,450	£2,346	10
2004	£262,449	£2,221	11
2003	£243,750	£2,021	6
2002	£199,020	£1,767	22
2001	£153,225	£1,462	24
2000	£138,873	£1,263	19
1999	£119,828	£936	16
1998	£112,812	£692	8
1997	£95,260	£1,034	24
1996	£82,000	£886	18
1995	£95,786	£899	7

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£430,000		1
2023	£352,500	£4,285	2
2022	£217,878	£2,806	2
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	£184,625	£3,231	8
2022	£159,800	£3,273	10
2021	£158,500	£2,886	11
2020	£162,917	£2,785	6
2019	£142,000	£2,924	7
2018	£158,950	£2,812	10
2017	£154,567	£2,789	15
2016	£124,075	£2,476	16
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	£115,294	£2,654	17
2006	£108,769	£2,093	13
2005	£98,583	£1,764	12
2004	£100,106	£1,831	14
2003	£89,521	£1,790	20
2002	£70,796	£1,448	20
2001	£53,270	£1,132	22
2000	£50,921	£1,051	23
1999	£41,003	£927	12
1998	£39,512	£781	20
1997	£35,765	£703	15
1996	£31,659	£598	11
1995	£33,143	£646	14

House Type in ME8 9SQ area

The most common house types in the ME8 9SQ postcode area are Terraced (93), Semi-detached (28), and Detached (5).

Total	131
Terraced	93
Semi-detached	28
Detached	5
commercial building	3
Flat	2
Shared house	0
converted 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 (64), and Owned: Owns outright (49).

Owned: Owns with a mortgage or loan	64
Owned: Owns outright	49
Private rented: Private landlord or letting agency	17
Private rented: Other private rented	3
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the ME8 9SQ have 2 people in household (40), and 3 people in household (32).

2 people in household	40
3 people in household	32
1 person in household	29
4 people in household	21
5 people in household	8
6 people in household	1
7 people in household	1
0 people in household	0
8 or more people in household	0