Housing Market Analysis for SPRINGVALE, ME8 0JG

Are you looking to understand ME8 0JG 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 0JG area, explore the ME8 0JG Area information page.
For comprehensive crime statistics in the ME8 0JG area, explore the ME8 0JG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME8 0JG postcode area, The average prices are as follows,

Detached
- The average price is around £338,944 median price is £275,000 Standard Deviation is £168,382 with Total Sold: 29
- The Last 5 Year average price is £537,500 with Total Sold: 6
- The most recent sale happened at this postcode is 17 SPRINGVALE: £500,000 (Sold on 30 Apr 2024)
- The first recorded sale happened at this postcode is 39 SPRINGVALE: £73,000 (Sold on 31 May 1995)
Semi-Detached
- The average price is around £339,167 median price is £340,000 Standard Deviation is £35,727 with Total Sold: 3
- The Last 5 Year average price is £382,500 with Total Sold: 1
- The most recent sale happened at this postcode is 33 SPRINGVALE: £382,500 (Sold on 19 Aug 2021)
- The first recorded sale happened at this postcode is 16 SPRINGVALE: £340,000 (Sold on 12 Jan 2006)
Terraced
- The average price is around £170,000 median price is £170,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 21 SPRINGVALE: £170,000 (Sold on 08 Oct 2001)
- The first recorded sale happened at this postcode is 21 SPRINGVALE: £170,000 (Sold on 08 Oct 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average ME8 0JG 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
2024	£500,000		1
2023	£765,000	£7,526	1
2022	£275,000	£1,519	1
2021	£577,500	£4,387	2
2019	£530,000	£2,928	1
2018	£613,800	£2,370	1
2015	£361,333	£3,071	3
2014	£422,500	£2,334	1
2013	£270,000	£3,913	1
2012	£435,000	£4,099	1
2011	£262,500	£3,824	2
2010	£440,000	£2,623	1
2007	£252,531	£1,098	2
2005	£263,000	£1,469	1
2004	£325,000	£2,146	3
2003	£220,000		1
2002	£275,000		1
2000	£143,000		1
1998	£85,000		1
1997	£132,000	£785	1
1996	£143,000	£769	1
1995	£73,000	£435	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£382,500	£4,250	1
2010	£295,000	£1,973	1
2006	£340,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2001	£170,000	£939	1

All the Sales in the SPRINGVALE, ME8 0JG

See the table below for more details on the sold house prices in the ME8 0JG, Medway postcode.

Address	Sold Date	Price	% Change
17 SPRINGVALEDetached, Freehold	30 Apr 2024	£500,000	First Sale
41 SPRINGVALEDetached, FreeholdArea: 101.65 Sq.mtrAge: 1930-1949	06 Sep 2023	£765,000	434.97%
	04 Oct 1996	£143,000	First Sale
21 SPRINGVALEDetached, FreeholdArea: 181 Sq.mtrAge: 1930-1949	13 May 2022	£275,000	-48.11%
	21 Nov 2019	£530,000	25.44%
	17 Mar 2014	£422,500	148.53%
	08 Oct 2001	£170,000	First Sale
33 SPRINGVALESemi-Detached, FreeholdArea: 90 Sq.mtrAge: 1930-1949	19 Aug 2021	£382,500	First Sale
11 SPRINGVALEDetached, FreeholdArea: 179 Sq.mtrAge: 1930-1949	05 Feb 2021	£550,000	109.13%
	22 Apr 2005	£263,000	First Sale
23 SPRINGVALEDetached, FreeholdArea: 106.12 Sq.mtrAge: 1900-1929	04 Feb 2021	£605,000	39.08%
	06 Jul 2012	£435,000	40.32%
	09 Aug 2004	£310,000	First Sale
30 SPRINGVALEDetached, FreeholdArea: 259 Sq.mtrAge: 1976-1982	22 Oct 2018	£613,800	72.90%
	05 Apr 2004	£355,000	First Sale
27 SPRINGVALEDetached, FreeholdArea: 180 Sq.mtrAge: 1930-1949	02 Dec 2015	£530,000	103.80%
	20 Jul 2007	£260,062	First Sale
1 SPRINGVALEDetached, FreeholdArea: 138 Sq.mtrAge: 1967-1975	27 May 2015	£285,000	First Sale
22 SPRINGVALEDetached, FreeholdArea: 64 Sq.mtrAge: 1900-1929	20 Feb 2015	£269,000	First Sale
26 SPRINGVALEDetached, FreeholdArea: 69 Sq.mtrAge: 1930-1949	06 Dec 2013	£270,000	First Sale
7 SPRINGVALEDetached, Freehold	24 Nov 2011	£250,000	First Sale
9 SPRINGVALEDetached, FreeholdArea: 71.91 Sq.mtrAge: 1950-1966	30 Sep 2011	£275,000	First Sale
39 SPRINGVALEDetached, FreeholdArea: 167.73 Sq.mtrAge: 2003-2006	30 Sep 2010	£440,000	502.74%
	31 May 1995	£73,000	First Sale
34 SPRINGVALESemi-Detached, FreeholdArea: 149.51 Sq.mtrAge: 1930-1949	28 May 2010	£295,000	First Sale
37 SPRINGVALEDetached, FreeholdArea: 326 Sq.mtrAge: INVALID!	22 Jun 2007	£245,000	First Sale
16 SPRINGVALESemi-Detached, Freehold	12 Jan 2006	£340,000	First Sale
4 SPRINGVALEDetached, Freehold	05 Jul 2004	£310,000	12.73%
4 SPRINGVALEDetached, Freehold	13 Dec 2002	£275,000	First Sale
6 SPRINGVALEDetached, Freehold	05 Dec 2003	£220,000	53.85%
6 SPRINGVALEDetached, Freehold	20 Apr 2000	£143,000	First Sale
12 SPRINGVALEDetached, Freehold	28 Jan 1998	£85,000	First Sale
35 SPRINGVALEDetached, FreeholdArea: 168.14 Sq.mtrAge: 1930-1949	03 Oct 1997	£132,000	First Sale

Check out the sold house prices near the ME8 0JG postcode. Properties currently for saleProperties currently for rent

SPRINGVALE, ME8 0JG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME8 0JG 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 0JG postcode.

Semi-Detached
- The average price is around £218,603 median price is £208,500 Standard Deviation is £108,646 with Total Sold: 547
- The Last 5 Year average price is £390,876 with Total Sold: 85
- The most recent sale happened at this postcode is , 11 DREWERY DRIVE: £380,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 12 EDWARDS CLOSE: £80,000 (Sold on 24 Feb 1995)
Detached
- The average price is around £312,915 median price is £280,000 Standard Deviation is £172,942 with Total Sold: 697
- The Last 5 Year average price is £537,935 with Total Sold: 122
- The most recent sale happened at this postcode is , 16 DURHAM ROAD: £660,000 (Sold on 29 Aug 2024)
- The first recorded sale happened at this postcode is , 55 BREDHURST ROAD: £128,000 (Sold on 08 Feb 1995)
Terraced
- The average price is around £214,797 median price is £176,000 Standard Deviation is £139,291 with Total Sold: 54
- The Last 5 Year average price is £418,383 with Total Sold: 6
- The most recent sale happened at this postcode is , 339A MAIDSTONE ROAD: £380,000 (Sold on 17 Apr 2023)
- The first recorded sale happened at this postcode is , 339A MAIDSTONE ROAD: £55,500 (Sold on 20 Nov 1996)
Other
- The average price is around £585,714 median price is £300,000 Standard Deviation is £959,093 with Total Sold: 13
- The Last 5 Year average price is £666,000 with Total Sold: 8
- The most recent sale happened at this postcode is , 377 MAIDSTONE ROAD: £250,000 (Sold on 11 Nov 2022)
- The first recorded sale happened at this postcode is , 28 HOATH LANE: £950,000 (Sold on 29 Jan 2014)
Flat
- The average price is around £296,250 median price is £296,250 Standard Deviation is £86,250 with Total Sold: 2
- The most recent sale happened at this postcode is , 6A WIGMORE ROAD: £382,500 (Sold on 29 Sep 2016)
- The first recorded sale happened at this postcode is , 6A WIGMORE ROAD: £210,000 (Sold on 03 Aug 2011)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£426,667		3
2023	£391,625	£5,254	16
2022	£448,636	£4,654	11
2021	£365,193	£4,382	22
2020	£390,060	£3,963	21
2019	£376,500	£4,243	12
2018	£319,375	£3,991	12
2017	£339,406	£4,159	16
2016	£302,950	£3,838	18
2015	£279,966	£3,626	16
2014	£242,923	£3,142	13
2013	£225,558	£2,768	21
2012	£220,004	£2,718	24
2011	£210,956	£2,882	16
2010	£215,171	£2,586	19
2009	£202,917	£2,287	6
2008	£255,731	£2,706	13
2007	£225,982	£2,567	28
2006	£218,426	£2,460	27
2005	£201,800	£2,186	20
2004	£209,332	£2,177	18
2003	£177,944	£2,317	18
2002	£151,159	£1,745	25
2001	£134,118	£1,560	27
2000	£122,551	£1,249	19
1999	£99,805	£1,283	26
1998	£92,543	£1,185	23
1997	£81,830	£1,018	18
1996	£70,270	£945	22
1995	£74,867	£873	17

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£526,000	£3,609	8
2023	£631,500	£5,040	15
2022	£497,308	£4,784	13
2021	£561,487	£3,969	38
2020	£513,659	£3,912	22
2019	£494,060	£3,992	26
2018	£482,937	£4,449	19
2017	£459,130	£3,829	23
2016	£502,432	£3,254	22
2015	£374,636	£3,312	22
2014	£348,500	£2,788	24
2013	£317,737	£2,442	19
2012	£294,680	£2,814	22
2011	£312,782	£2,330	14
2010	£305,974	£2,870	21
2009	£271,839	£2,606	14
2008	£330,658	£2,210	19
2007	£351,965	£2,130	27
2006	£309,022	£2,351	23
2005	£289,346	£1,875	13
2004	£285,136	£2,269	22
2003	£270,798	£2,136	30
2002	£222,718	£1,936	27
2001	£194,590	£1,380	27
2000	£171,797	£1,279	32
1999	£147,951	£1,125	41
1998	£160,382	£1,041	32
1997	£116,951	£1,011	31
1996	£108,300	£915	30
1995	£98,047	£777	21

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£380,000	£3,958	1
2021	£453,750	£3,835	4
2020	£315,300	£3,284	1
2018	£331,667	£4,045	3
2017	£290,000	£3,412	1
2016	£280,000	£3,146	1
2015	£202,500	£2,990	2
2013	£210,000	£2,188	1
2010	£206,375	£2,324	4
2009	£121,000	£2,373	1
2008	£173,250	£2,075	4
2007	£301,250	£2,359	5
2006	£181,332	£2,473	3
2005	£339,500	£2,253	1
2004	£250,000	£2,233	4
2002	£136,250	£1,541	2
2001	£146,332	£1,310	6
2000	£74,000	£917	2
1999	£77,875	£957	4
1998	£90,000	£1,119	2
1997	£34,000	£667	1
1996	£55,500	£578	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£2,015,000		2
2021	£207,500	£7,069	2
2020	£220,750	£1,500	4
2018	£368,140	£2,349	2
2016	£300,000	£2,057	2
2014	£950,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2016	£382,500	£4,113	1
2011	£210,000	£2,258	1

House Type in ME8 0JG area

The most common house types in the ME8 0JG postcode area are Detached (110), Semi-detached (21), and Flat (2).

Total	134
Detached	110
Semi-detached	21
Flat	2
Terraced	1
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 (73), and Owned: Owns with a mortgage or loan (47).

Owned: Owns outright	73
Owned: Owns with a mortgage or loan	47
Private rented: Private landlord or letting agency	11
Social rented: Other social rented	2
Shared ownership: Shared ownership	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the ME8 0JG have 2 people in household (50), and 3 people in household (27).

2 people in household	50
3 people in household	27
4 people in household	24
1 person in household	22
6 people in household	6
5 people in household	5
0 people in household	0
7 people in household	0
8 or more people in household	0