Housing Market Analysis for NARES ROAD, ME8 9UL

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £278,750 median price is £278,750 Standard Deviation is £6,250 with Total Sold: 2
    • The Last 5 Year average price is £272,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 35 NARES ROAD: £272,500 (Sold on 06 Aug 2021)
    • The first recorded sale happened at this postcode is 33 NARES ROAD: £285,000 (Sold on 17 May 2019)

Sold Price Trend Over the Years:

Below table and chart gives the average ME8 9UL 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£272,500 £3,406 1
2019£285,000 £3,608 1

All the Sales in the NARES ROAD, ME8 9UL

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

AddressSold DatePrice% Change
35 NARES ROADDetached, FreeholdArea: 80 Sq.mtrAge: 1967-197506 Aug 2021£272,500First Sale
33 NARES ROADDetached, FreeholdArea: 79 Sq.mtrAge: 1930-194917 May 2019£285,000First Sale

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

NARES ROAD, ME8 9UL Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £144,090 median price is £139,500 Standard Deviation is £75,510 with Total Sold: 2,226
    • The Last 5 Year average price is £264,973 with Total Sold: 273
    • The most recent sale happened at this postcode is , 85 BAYSWATER DRIVE: £300,000 (Sold on 17 Sep 2024)
    • The first recorded sale happened at this postcode is , 36 THORPE WALK: £52,500 (Sold on 12 Jan 1995)
  • Semi-Detached
    • The average price is around £167,752 median price is £155,000 Standard Deviation is £88,446 with Total Sold: 665
    • The Last 5 Year average price is £318,784 with Total Sold: 67
    • 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)
  • Detached
    • The average price is around £232,553 median price is £220,000 Standard Deviation is £124,571 with Total Sold: 375
    • The Last 5 Year average price is £411,470 with Total Sold: 50
    • 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 £164,500 with Total Sold: 38
    • 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£278,900 £3,846 30
2023£277,721 £3,623 43
2022£286,290 £3,826 49
2021£257,742 £3,353 95
2020£241,337 £2,997 56
2019£237,378 £3,123 74
2018£236,833 £3,059 51
2017£229,766 £3,009 79
2016£219,951 £2,859 76
2015£188,307 £2,453 83
2014£167,408 £2,266 78
2013£153,579 £1,978 54
2012£148,420 £1,920 50
2011£144,868 £1,923 46
2010£149,657 £1,924 44
2009£144,450 £1,830 42
2008£154,823 £2,080 34
2007£162,159 £2,101 94
2006£146,560 £1,899 89
2005£140,746 £1,842 74
2004£134,948 £1,735 91
2003£120,679 £1,569 83
2002£100,136 £1,301 104
2001£82,725 £1,126 118
2000£71,420 £977 99
1999£63,010 £836 113
1998£57,268 £740 113
1997£52,857 £677 117
1996£46,881 £618 84
1995£46,913 £610 63
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£336,500 £4,423 3
2023£327,500 £4,456 14
2022£353,500 £4,112 12
2021£302,029 £3,578 17
2020£304,167 £3,460 21
2019£292,500 £3,365 18
2018£311,493 £3,258 15
2017£267,790 £2,922 15
2016£258,068 £2,963 22
2015£238,679 £2,635 14
2014£209,003 £2,379 15
2013£206,633 £2,382 15
2012£185,679 £2,245 14
2011£172,333 £2,039 21
2010£181,694 £1,995 18
2009£172,015 £2,007 17
2008£176,611 £2,080 11
2007£185,398 £2,118 30
2006£176,311 £2,078 44
2005£174,932 £2,039 26
2004£159,747 £1,954 19
2003£127,580 £1,578 37
2002£126,921 £1,392 37
2001£98,330 £1,116 35
2000£92,951 £1,072 33
1999£79,619 £944 29
1998£74,611 £813 27
1997£69,080 £808 30
1996£60,758 £665 28
1995£60,964 £700 28
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
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£369,125 £3,886 12
2019£388,818 £3,526 11
2018£328,838 £3,590 13
2017£321,000 £4,041 7
2016£381,562 £3,458 8
2015£289,833 £2,656 15
2014£255,861 £2,656 18
2013£210,066 £2,652 15
2012£248,292 £2,421 12
2011£206,550 £2,323 10
2010£233,498 £2,776 5
2009£207,427 £2,553 7
2008£229,312 £2,381 8
2007£298,791 £2,745 12
2006£274,528 £2,208 18
2005£210,438 £2,282 8
2004£263,267 £2,309 11
2003£218,700 £1,759 5
2002£177,702 £1,647 17
2001£145,047 £1,392 19
2000£139,292 £1,339 20
1999£112,437 £978 20
1998£112,464 £767 14
1997£95,510 £1,027 25
1996£79,026 £828 19
1995£88,062 £773 8
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£116,625 £1,691 4
2017£6,300 £8 2
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 9UL area

The most common house types in the ME8 9UL postcode area are Terraced (79), Semi-detached (31), and Detached (2).

Total113
Terraced79
Semi-detached31
Detached2
Flat1
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 outright (47), and Owned: Owns with a mortgage or loan (43).

Owned: Owns outright47
Owned: Owns with a mortgage or loan43
Private rented: Private landlord or letting agency17
Social rented: Other social rented4
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the ME8 9UL have 2 people in household (42), and 1 person in household (30).

2 people in household42
1 person in household30
3 people in household20
4 people in household14
5 people in household5
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0