Housing Market Analysis for FAIRFAX CLOSE, ME8 9SZ

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £194,594 median price is £162,500 Standard Deviation is £86,604 with Total Sold: 10
- The Last 5 Year average price is £335,000 with Total Sold: 1
- The most recent sale happened at this postcode is 23 FAIRFAX CLOSE: £335,000 (Sold on 23 Aug 2023)
- The first recorded sale happened at this postcode is 30 FAIRFAX CLOSE: £89,995 (Sold on 28 Aug 1997)
Terraced
- The average price is around £152,633 median price is £118,000 Standard Deviation is £83,489 with Total Sold: 15
- The Last 5 Year average price is £278,375 with Total Sold: 4
- The most recent sale happened at this postcode is 8 FAIRFAX CLOSE: £268,500 (Sold on 01 Nov 2021)
- The first recorded sale happened at this postcode is 5 FAIRFAX CLOSE: £57,000 (Sold on 29 Aug 1997)
Detached
- The average price is around £142,850 median price is £152,000 Standard Deviation is £45,464 with Total Sold: 7
- The most recent sale happened at this postcode is 29 FAIRFAX CLOSE: £217,500 (Sold on 06 Feb 2015)
- The first recorded sale happened at this postcode is 28 FAIRFAX CLOSE: £56,000 (Sold on 27 Mar 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average ME8 9SZ 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£335,000	£4,351	1
2018	£368,000	£2,607	1
2010	£232,000	£1,644	1
2009	£160,000		1
2006	£190,000		1
2005	£165,000	£3,367	1
2002	£137,998	£1,830	2
2000	£129,950	£921	1
1997	£89,995	£638	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£284,500	£2,780	3
2019	£260,000	£3,133	1
2012	£161,000	£1,829	2
2006	£161,995	£1,533	1
2002	£108,667	£1,187	3
2001	£95,500	£1,042	2
1998	£58,000	£744	1
1997	£58,500	£635	2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2015	£217,500	£4,439	1
2013	£152,000	£3,102	1
2011	£159,000	£2,748	1
2008	£140,000	£2,419	1
2004	£159,500		1
2000	£115,950	£2,004	1
1997	£56,000	£968	1

All the Sales in the FAIRFAX CLOSE, ME8 9SZ

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

Address	Sold Date	Price	% Change
23 FAIRFAX CLOSESemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1967-1975	23 Aug 2023	£335,000	First Sale
8 FAIRFAX CLOSETerraced, FreeholdArea: 103 Sq.mtrAge: 1967-1975	01 Nov 2021	£268,500	188.71%
	22 Nov 2001	£93,000	55.00%
	20 Nov 1997	£60,000	First Sale
1 FAIRFAX CLOSETerraced, FreeholdArea: 99 Sq.mtrAge: 1967-1975	11 Jun 2021	£310,000	First Sale
3 FAIRFAX CLOSETerraced, FreeholdArea: 105.69 Sq.mtrAge: 1967-1975	15 Mar 2021	£275,000	59.88%
	19 Apr 2012	£172,000	6.18%
	24 Apr 2006	£161,995	37.28%
	26 Nov 2002	£118,000	First Sale
5 FAIRFAX CLOSETerraced, FreeholdArea: 83 Sq.mtrAge: 1967-1975	05 Aug 2019	£260,000	356.14%
	29 Aug 1997	£57,000	First Sale
30 FAIRFAX CLOSESemi-Detached, FreeholdArea: 141.16 Sq.mtrAge: 1967-1975	26 Apr 2018	£368,000	58.62%
	08 Dec 2010	£232,000	56.76%
	12 Jul 2002	£148,000	13.89%
	06 Oct 2000	£129,950	44.40%
	28 Aug 1997	£89,995	First Sale
29 FAIRFAX CLOSEDetached, FreeholdArea: 49 Sq.mtrAge: 1950-1966	06 Feb 2015	£217,500	31.82%
	15 Apr 2005	£165,000	First Sale
25 FAIRFAX CLOSEDetached, FreeholdArea: 49 Sq.mtrAge: 1967-1975	11 Feb 2013	£152,000	18.75%
	12 Aug 2002	£127,995	First Sale
15 FAIRFAX CLOSETerraced, FreeholdArea: 73.9 Sq.mtrAge: 1967-1975	21 May 2012	£150,000	61.29%
	28 Mar 2002	£93,000	First Sale
28 FAIRFAX CLOSEDetached, FreeholdArea: 57.87 Sq.mtrAge: 1967-1975	08 Jul 2011	£159,000	13.57%
	03 Nov 2008	£140,000	20.74%
	05 Sep 2000	£115,950	107.05%
	27 Mar 1997	£56,000	First Sale
19 FAIRFAX CLOSESemi-Detached, Freehold	27 Apr 2009	£160,000	First Sale
21 FAIRFAX CLOSESemi-Detached, Freehold	12 Sep 2006	£190,000	First Sale
27 FAIRFAX CLOSEDetached, Freehold	30 Jan 2004	£159,500	First Sale
11 FAIRFAX CLOSETerraced, Freehold	11 Sep 2002	£115,000	First Sale
9 FAIRFAX CLOSETerraced, FreeholdArea: 83 Sq.mtrAge: 1967-1975	21 Jan 2001	£98,000	First Sale
13 FAIRFAX CLOSETerraced, FreeholdArea: 78 Sq.mtrAge: 1967-1975	14 Aug 1998	£58,000	First Sale

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

FAIRFAX CLOSE, ME8 9SZ Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £191,312 median price is £177,500 Standard Deviation is £99,835 with Total Sold: 673
- The Last 5 Year average price is £348,837 with Total Sold: 89
- 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 £140,576 median price is £135,000 Standard Deviation is £75,558 with Total Sold: 1,322
- The Last 5 Year average price is £255,065 with Total Sold: 208
- The most recent sale happened at this postcode is , 8 CONYERS WALK: £280,000 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 355 LONSDALE DRIVE: £53,000 (Sold on 04 Jan 1995)
Detached
- The average price is around £256,394 median price is £230,000 Standard Deviation is £143,111 with Total Sold: 624
- The Last 5 Year average price is £423,941 with Total Sold: 94
- 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 , 93 FAIRVIEW AVENUE: £130,000 (Sold on 27 Jan 1995)
Flat
- The average price is around £93,675 median price is £97,500 Standard Deviation is £42,993 with Total Sold: 286
- The Last 5 Year average price is £157,654 with Total Sold: 39
- The most recent sale happened at this postcode is , 15 FINDLAY CLOSE: £120,000 (Sold on 23 Feb 2024)
- The first recorded sale happened at this postcode is , 55 BOND ROAD: £31,500 (Sold on 06 Jan 1995)
Other
- The average price is around £176,630 median price is £150,000 Standard Deviation is £191,031 with Total Sold: 15
- The Last 5 Year average price is £207,738 with Total Sold: 12
- The most recent sale happened at this postcode is , 553 MAIDSTONE ROAD: £400,000 (Sold on 14 Apr 2023)
- The first recorded sale happened at this postcode is , 22 PEVEREL GREEN: £600 (Sold on 26 Jul 2017)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£335,750	£3,421	6
2023	£360,079	£4,853	19
2022	£410,000	£4,368	7
2021	£352,658	£3,781	19
2020	£338,100	£3,719	20
2019	£325,444	£3,636	18
2018	£344,647	£3,887	17
2017	£320,906	£3,920	16
2016	£271,696	£3,481	23
2015	£259,933	£3,415	15
2014	£228,455	£2,645	22
2013	£209,160	£2,513	22
2012	£204,403	£2,555	18
2011	£183,929	£2,306	24
2010	£184,482	£2,176	17
2009	£170,575	£1,889	10
2008	£207,842	£2,229	12
2007	£210,464	£2,355	42
2006	£185,742	£2,309	33
2005	£195,317	£2,167	37
2004	£162,794	£1,770	17
2003	£144,972	£1,724	37
2002	£142,707	£1,501	34
2001	£117,224	£1,271	34
2000	£105,354	£1,193	32
1999	£84,810	£1,100	28
1998	£79,612	£1,101	20
1997	£73,508	£929	24
1996	£64,377	£779	31
1995	£65,513	£766	19

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£265,250	£3,792	16
2023	£280,483	£3,578	30
2022	£282,561	£3,701	33
2021	£249,769	£3,237	52
2020	£238,224	£2,955	38
2019	£231,541	£2,970	39
2018	£240,244	£3,018	39
2017	£225,114	£2,819	40
2016	£211,542	£2,736	42
2015	£180,223	£2,396	47
2014	£163,006	£2,170	35
2013	£149,858	£1,927	30
2012	£144,968	£1,851	31
2011	£139,866	£1,821	28
2010	£154,000	£1,951	24
2009	£143,518	£1,803	28
2008	£150,868	£2,058	19
2007	£161,665	£2,114	45
2006	£144,639	£1,847	54
2005	£137,913	£1,770	44
2004	£131,809	£1,661	57
2003	£119,025	£1,594	57
2002	£98,439	£1,266	68
2001	£82,585	£1,094	73
2000	£71,146	£945	49
1999	£63,558	£823	70
1998	£55,244	£695	56
1997	£52,769	£655	63
1996	£45,119	£589	70
1995	£48,474	£586	45

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£442,750		4
2023	£436,667	£6,174	9
2022	£488,789	£4,605	19
2021	£410,750	£4,001	24
2020	£421,147	£4,083	17
2019	£373,571	£3,618	21
2018	£389,430	£3,625	23
2017	£365,630	£3,952	23
2016	£399,109	£3,444	23
2015	£303,186	£3,149	35
2014	£258,645	£2,844	24
2013	£243,650	£2,758	23
2012	£246,639	£2,448	18
2011	£241,278	£2,320	16
2010	£291,735	£2,630	17
2009	£206,839	£2,589	14
2008	£236,833	£2,464	9
2007	£284,024	£2,621	20
2006	£266,327	£2,260	29
2005	£233,588	£2,096	17
2004	£257,944	£2,120	19
2003	£238,636	£1,920	18
2002	£201,784	£1,802	28
2001	£149,467	£1,455	34
2000	£134,082	£1,051	26
1999	£125,219	£885	26
1998	£119,323	£848	27
1997	£97,990	£1,118	25
1996	£80,512	£821	21
1995	£98,433	£792	15

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£120,000	£2,985	1
2023	£173,500	£3,057	6
2022	£172,917	£3,269	6
2021	£157,000	£3,239	8
2020	£154,583	£3,025	6
2019	£147,208	£2,809	12
2018	£151,500	£2,731	6
2017	£140,571	£2,925	7
2016	£122,650	£2,497	8
2015	£124,583	£2,369	6
2014	£119,611	£2,254	9
2013	£92,800	£1,933	5
2012	£105,750	£1,975	6
2011	£102,000	£2,217	1
2010	£105,929	£2,127	7
2009	£97,000	£2,366	1
2008	£118,625	£2,426	8
2007	£117,250	£2,613	22
2006	£113,479	£2,337	12
2005	£106,714	£2,201	7
2004	£105,124	£2,143	12
2003	£91,832	£1,982	15
2002	£71,463	£1,506	17
2001	£58,102	£1,222	17
2000	£52,431	£1,129	19
1999	£45,668	£908	18
1998	£41,249	£803	14
1997	£37,226	£763	11
1996	£32,188	£723	12
1995	£33,571	£683	7

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£352,500	£4,285	2
2022	£181,919	£2,828	3
2021	£17,500		2
2020	£241,420	£2,188	5
2018	£78,000		2
2017	£600	£8	1

House Type in ME8 9SZ area

The most common house types in the ME8 9SZ postcode area are Terraced (72), Semi-detached (31), and Detached (15).

Total	118
Terraced	72
Semi-detached	31
Detached	15
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 outright (46), and Owned: Owns with a mortgage or loan (35).

Owned: Owns outright	46
Owned: Owns with a mortgage or loan	35
Social rented: Other social rented	16
Private rented: Private landlord or letting agency	14
Private rented: Other private rented	4
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 9SZ have 2 people in household (44), and 1 person in household (40).

2 people in household	44
1 person in household	40
3 people in household	17
4 people in household	12
5 people in household	3
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0