Housing Market Analysis for REGENCY CLOSE, ME8 0LA

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

Overview of Sold House prices

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

Flat
- The average price is around £123,977 median price is £138,500 Standard Deviation is £45,172 with Total Sold: 22
- The Last 5 Year average price is £160,778 with Total Sold: 9
- The most recent sale happened at this postcode is 35 REGENCY CLOSE: £140,000 (Sold on 19 Dec 2023)
- The first recorded sale happened at this postcode is 31 REGENCY CLOSE: £34,000 (Sold on 25 Jul 1997)
Terraced
- The average price is around £112,687 median price is £106,250 Standard Deviation is £59,030 with Total Sold: 16
- The Last 5 Year average price is £200,000 with Total Sold: 2
- The most recent sale happened at this postcode is 26 REGENCY CLOSE: £250,000 (Sold on 12 Nov 2021)
- The first recorded sale happened at this postcode is 33 REGENCY CLOSE: £32,000 (Sold on 01 Sep 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average ME8 0LA 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£162,833	£2,863	6
2022	£185,000	£2,846	1
2019	£142,500	£2,637	2
2018	£140,500	£2,599	4
2017	£124,000	£2,531	1
2015	£113,000	£2,128	2
2006	£95,000	£1,583	1
2005	£102,000	£1,645	1
2002	£56,000	£933	1
2000	£47,500	£1,011	1
1998	£34,000	£567	1
1997	£34,000	£723	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£250,000	£3,165	1
2019	£150,000	£2,381	1
2017	£219,000	£2,772	1
2014	£152,500	£1,930	1
2008	£117,500		1
2006	£118,000	£1,646	2
2004	£130,000	£1,646	1
2003	£106,250	£2,111	2
2002	£67,000	£1,063	1
2001	£63,750	£1,295	2
2000	£53,000	£841	1
1999	£55,995	£1,409	1
1995	£32,000	£508	1

All the Sales in the REGENCY CLOSE, ME8 0LA

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

Address	Sold Date	Price	% Change
35 REGENCY CLOSEFlat, LeaseholdArea: 48 Sq.mtrAge: 1976-1982	19 Dec 2023	£140,000	0.0
	19 Dec 2023	£140,000	First Sale
42 REGENCY CLOSEFlat, LeaseholdArea: 63 Sq.mtrAge: 1976-1982	31 Aug 2023	£175,000	First Sale
37 REGENCY CLOSEFlat, LeaseholdArea: 62 Sq.mtrAge: 1976-1982	14 Jul 2023	£170,000	0.0
	14 Jul 2023	£170,000	9.68%
	07 Dec 2018	£155,000	51.96%
	31 Mar 2005	£102,000	First Sale
16 REGENCY CLOSEFlat, LeaseholdArea: 59.04 Sq.mtrAge: 1976-1982	27 Jan 2023	£182,000	First Sale
28 REGENCY CLOSEFlat, LeaseholdArea: 65 Sq.mtrAge: 1976-1982	18 Jul 2022	£185,000	First Sale
26 REGENCY CLOSETerraced, FreeholdArea: 79 Sq.mtrAge: 1976-1982	12 Nov 2021	£250,000	First Sale
44 REGENCY CLOSEFlat, LeaseholdArea: 60 Sq.mtrAge: 1967-1975	12 Aug 2019	£145,000	3.57%
	08 Mar 2018	£140,000	47.37%
	10 Nov 2006	£95,000	69.64%
	01 Feb 2002	£56,000	64.71%
	23 Oct 1998	£34,000	First Sale
34 REGENCY CLOSEFlat, LeaseholdArea: 49 Sq.mtrAge: 1983-1990	18 Apr 2019	£140,000	12.90%
	28 Feb 2017	£124,000	First Sale
33 REGENCY CLOSETerraced, LeaseholdArea: 63 Sq.mtrAge: 1967-1975	01 Apr 2019	£150,000	57.89%
	30 Jan 2006	£95,000	41.79%
	10 May 2002	£67,000	26.42%
	28 Feb 2000	£53,000	65.62%
	01 Sep 1995	£32,000	First Sale
38 REGENCY CLOSEFlat, LeaseholdArea: 49 Sq.mtrAge: 1967-1975	28 Sep 2018	£137,000	First Sale
31 REGENCY CLOSEFlat, LeaseholdArea: 47 Sq.mtrAge: 1967-1975	05 Apr 2018	£130,000	22.64%
	27 Aug 2015	£106,000	123.16%
	08 Dec 2000	£47,500	39.71%
	25 Jul 1997	£34,000	First Sale
20 REGENCY CLOSETerraced, FreeholdArea: 79 Sq.mtrAge: 1967-1975	25 Oct 2017	£219,000	43.61%
	03 Apr 2014	£152,500	8.16%
	28 Mar 2006	£141,000	8.46%
	16 Jan 2004	£130,000	44.44%
	09 May 2003	£90,000	81.82%
	23 Aug 2001	£49,500	First Sale
36 REGENCY CLOSEFlat, LeaseholdArea: 60 Sq.mtrAge: 1976-1982	09 Feb 2015	£120,000	First Sale
18 REGENCY CLOSETerraced, Freehold	12 Dec 2008	£117,500	First Sale
25 REGENCY CLOSETerraced, FreeholdArea: 39.73 Sq.mtrAge: 1967-1975	21 Nov 2003	£122,500	57.05%
	01 Oct 2001	£78,000	39.30%
	03 Sep 1999	£55,995	First Sale

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

REGENCY CLOSE, ME8 0LA Near By properties

Interactive Map

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

Flat
- The average price is around £104,189 median price is £110,000 Standard Deviation is £48,257 with Total Sold: 121
- The Last 5 Year average price is £167,932 with Total Sold: 22
- The most recent sale happened at this postcode is , 36 SEDLEY CLOSE: £210,000 (Sold on 28 Jun 2024)
- The first recorded sale happened at this postcode is , 246 BREDHURST ROAD: £32,500 (Sold on 12 Jul 1995)
Terraced
- The average price is around £159,754 median price is £149,998 Standard Deviation is £90,062 with Total Sold: 474
- The Last 5 Year average price is £285,860 with Total Sold: 82
- The most recent sale happened at this postcode is , 31 HAWBECK ROAD: £410,000 (Sold on 20 Jun 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 £215,579 median price is £202,000 Standard Deviation is £117,619 with Total Sold: 283
- The Last 5 Year average price is £379,620 with Total Sold: 54
- The most recent sale happened at this postcode is , 23 LIME COURT: £345,000 (Sold on 14 Jun 2024)
- The first recorded sale happened at this postcode is , 14 ROWBROCKE CLOSE: £49,000 (Sold on 17 Mar 1995)
Detached
- The average price is around £304,453 median price is £275,000 Standard Deviation is £159,189 with Total Sold: 307
- The Last 5 Year average price is £528,980 with Total Sold: 50
- The most recent sale happened at this postcode is , 267 WIGMORE ROAD: £450,000 (Sold on 12 Mar 2024)
- The first recorded sale happened at this postcode is , 23 HOUGHTON AVENUE: £170,000 (Sold on 06 Feb 1995)
Other
- The average price is around £445,429 median price is £430,000 Standard Deviation is £196,893 with Total Sold: 7
- The Last 5 Year average price is £363,600 with Total Sold: 5
- 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 , 12 MELODY CLOSE: £550,000 (Sold on 15 Dec 2016)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£210,000		1
2023	£169,812	£2,857	8
2022	£181,667	£3,113	3
2021	£161,000	£2,622	5
2020	£163,667	£2,626	3
2019	£142,500	£2,637	2
2018	£147,333	£2,575	6
2017	£143,833	£2,578	6
2016	£137,750	£2,162	4
2015	£117,600	£2,019	5
2014	£124,667	£2,012	6
2013	£96,000	£2,087	1
2012	£84,000	£1,439	4
2011	£87,875	£1,574	4
2010	£103,332	£1,747	6
2008	£121,625	£2,393	4
2007	£122,665	£1,910	3
2006	£101,200	£1,954	5
2005	£92,250	£1,499	4
2004	£80,118	£1,611	4
2003	£80,832	£1,287	3
2002	£74,574	£1,190	6
2001	£52,889	£944	5
2000	£49,250	£917	2
1999	£41,625	£699	4
1998	£39,625	£643	4
1997	£35,312	£747	4
1996	£34,156	£632	8
1995	£32,500	£707	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£291,250	£2,380	4
2023	£304,807	£3,673	13
2022	£327,023	£3,988	22
2021	£268,833	£3,571	15
2020	£242,179	£3,014	14
2019	£263,964	£2,911	14
2018	£278,800	£3,366	10
2017	£257,735	£3,241	17
2016	£241,184	£3,003	19
2015	£214,092	£2,502	19
2014	£176,850	£2,165	10
2013	£168,864	£2,070	11
2012	£168,200	£1,942	10
2011	£158,833	£1,911	6
2010	£153,525	£1,996	10
2009	£148,056	£1,636	9
2008	£193,035	£2,129	13
2007	£171,357	£2,197	25
2006	£149,376	£1,951	15
2005	£146,916	£1,986	18
2004	£154,968	£1,817	16
2003	£120,705	£1,700	17
2002	£95,600	£1,211	15
2001	£82,372	£1,135	20
2000	£77,351	£948	24
1999	£64,598	£881	21
1998	£63,448	£809	21
1997	£55,131	£676	37
1996	£50,662	£637	20
1995	£49,388	£596	9

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£345,000	£4,423	2
2023	£411,917	£4,642	12
2022	£404,050	£3,868	10
2021	£365,312	£3,995	16
2020	£356,778	£4,072	9
2019	£354,000	£3,298	5
2018	£390,583	£3,066	6
2017	£298,462	£3,704	13
2016	£294,991	£3,149	11
2015	£263,333	£2,471	3
2014	£255,314	£2,876	11
2013	£203,550	£2,444	10
2012	£231,667	£2,353	3
2011	£199,306	£2,439	8
2010	£209,999	£2,664	8
2009	£221,499	£2,416	4
2008	£208,333	£2,055	3
2007	£214,196	£2,401	15
2006	£192,792	£2,157	12
2005	£209,172	£2,187	11
2004	£168,642	£2,240	7
2003	£167,705	£1,675	17
2002	£132,759	£1,595	14
2001	£110,894	£1,367	10
2000	£101,660	£910	13
1999	£96,091	£1,082	11
1998	£70,575	£810	10
1997	£78,700	£816	14
1996	£56,999	£639	5
1995	£62,900	£691	10

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£487,500		2
2023	£489,200	£4,520	5
2022	£628,444	£4,338	9
2021	£566,571	£5,327	14
2020	£417,143	£4,692	7
2019	£501,538	£3,647	13
2018	£398,125	£4,118	4
2017	£465,000	£3,455	8
2016	£445,727	£3,637	11
2015	£350,455	£2,901	11
2014	£344,999	£2,486	6
2013	£301,222	£2,600	9
2012	£341,188	£3,131	8
2011	£346,083	£3,045	6
2010	£332,056	£2,603	9
2009	£312,700	£2,037	5
2008	£345,000	£1,497	3
2007	£361,083	£2,383	12
2006	£305,529	£2,458	17
2005	£294,000	£2,925	6
2004	£264,624	£1,633	12
2003	£274,583	£2,215	12
2002	£270,092	£1,946	12
2001	£213,105	£1,127	19
2000	£176,285	£1,433	21
1999	£160,647	£1,193	17
1998	£126,000	£1,130	6
1997	£140,041	£1,008	22
1996	£117,306	£887	18
1995	£113,500	£883	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£430,000		1
2023	£504,000	£4,672	2
2020	£255,000	£3,036	1
2019	£125,000	£1,953	1
2018	£750,000		1
2016	£550,000	£2,412	1

House Type in ME8 0LA area

The most common house types in the ME8 0LA postcode area are Terraced (49), Flat (25), and Semi-detached (22).

Total	113
Terraced	49
Flat	25
Semi-detached	22
Detached	17
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 (43), and Owned: Owns with a mortgage or loan (37).

Owned: Owns outright	43
Owned: Owns with a mortgage or loan	37
Social rented: Rents from council or Local Authority	23
Private rented: Private landlord or letting agency	9
Social rented: Other social rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the ME8 0LA have 1 person in household (41), and 2 people in household (40).

1 person in household	41
2 people in household	40
4 people in household	17
3 people in household	10
5 people in household	3
6 people in household	2
7 people in household	1
0 people in household	0
8 or more people in household	0