Housing Market Analysis for ME8 1ED

Are you looking to understand ME8 1ED 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 1ED area, explore the ME8 1ED Area information page.
For comprehensive crime statistics in the ME8 1ED area, explore the ME8 1ED Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME8 1ED postcode area, The average prices are as follows,

    Sold Price Trend Over the Years:

    Below table and chart gives the average ME8 1ED 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.

    All the Sales in the ME8 1ED

    See the table below for more details on the sold house prices in the ME8 1ED, Medway postcode.

    AddressSold DatePrice% Change

    Check out the sold house prices near the ME8 1ED postcode. Properties currently for saleProperties currently for rent

    ME8 1ED Near By properties

    Interactive Map

    This Interactive map can help you visualize the nearby sold house in the ME8 1ED 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 1ED postcode.

    • Semi-Detached
      • The average price is around £199,554 median price is £190,222 Standard Deviation is £103,409 with Total Sold: 174
      • The Last 5 Year average price is £355,671 with Total Sold: 21
      • The most recent sale happened at this postcode is , 31 SOUTH AVENUE: £425,000 (Sold on 18 Dec 2023)
      • The first recorded sale happened at this postcode is , 34 EASTCOURT LANE: £16,000 (Sold on 31 Jan 1995)
    • Detached
      • The average price is around £270,827 median price is £270,000 Standard Deviation is £136,939 with Total Sold: 105
      • The Last 5 Year average price is £497,500 with Total Sold: 15
      • The most recent sale happened at this postcode is , 75 HAMELIN ROAD: £547,500 (Sold on 14 Dec 2023)
      • The first recorded sale happened at this postcode is , 81 ACADEMY DRIVE: £108,500 (Sold on 02 Jun 1995)
    • Terraced
      • The average price is around £182,755 median price is £173,498 Standard Deviation is £88,069 with Total Sold: 156
      • The Last 5 Year average price is £313,026 with Total Sold: 19
      • The most recent sale happened at this postcode is , 10 LOCARNO AVENUE: £432,500 (Sold on 31 Oct 2023)
      • The first recorded sale happened at this postcode is , 21 STONEY BANK: £73,900 (Sold on 31 Mar 1995)
    • Other
      • The average price is around £3,515,455 median price is £2,700,000 Standard Deviation is £1,870,973 with Total Sold: 11
      • The Last 5 Year average price is £4,172,500 with Total Sold: 6
      • The most recent sale happened at this postcode is , LLOYDS TSB BANK PLC BAILEY DRIVE: £2,250,000 (Sold on 12 May 2023)
      • The first recorded sale happened at this postcode is , DOBBIES GARDEN CENTRE COURTENEY ROAD: £2,000,000 (Sold on 25 Feb 2015)
    • Flat
      • The average price is around £92,912 median price is £95,750 Standard Deviation is £43,288 with Total Sold: 12
      • The Last 5 Year average price is £155,000 with Total Sold: 2
      • The most recent sale happened at this postcode is , 123 HAMELIN ROAD: £150,000 (Sold on 14 Oct 2020)
      • The first recorded sale happened at this postcode is , 119 HAMELIN ROAD: £27,500 (Sold on 18 Jul 1997)

    Sold Price Trend Over the Years:

    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£361,667 £3,978 3
    2022£387,500 £3,321 4
    2021£361,025 £3,756 4
    2020£385,000 £3,245 4
    2019£308,333 £3,186 6
    2018£356,250 £3,806 8
    2017£314,375 £3,223 8
    2016£300,250 £2,801 4
    2015£241,500 £2,759 2
    2014£229,250 £2,728 6
    2013£213,682 £2,275 11
    2012£225,250 £2,362 2
    2011£207,250 £2,424 3
    2010£189,875 £2,168 4
    2009£219,299 £1,957 5
    2008£238,862 £1,968 4
    2007£213,100 £2,305 10
    2006£200,087 £2,044 8
    2005£204,998 £1,778 3
    2004£184,374 £2,313 4
    2003£152,776 £1,368 9
    2002£133,340 £1,207 11
    2001£132,594 £1,275 10
    2000£102,944 £1,122 9
    1999£89,562 £1,060 8
    1998£79,332 £930 6
    1997£84,300 £758 5
    1996£66,911 £674 9
    1995£50,000 £350 4
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£498,750 £3,704 2
    2022£539,000 £4,305 5
    2021£498,000 £3,518 5
    2020£426,667 £3,647 3
    2018£432,500 £3,134 2
    2017£415,000 £3,837 2
    2016£386,000 £2,562 2
    2015£382,188 £1,996 4
    2014£335,062 £2,330 4
    2013£287,495 £2,315 2
    2012£254,667 £2,453 3
    2011£280,000 £2,696 1
    2010£255,000 £1,869 2
    2009£247,000 £2,186 1
    2008£256,500 £2,543 4
    2007£343,500 £2,387 3
    2006£292,333 £2,114 6
    2004£286,723 £2,073 11
    2003£235,127 £1,655 7
    2002£224,000 £1,761 3
    2001£182,750 £1,243 4
    2000£154,000 £1,136 3
    1999£154,000 £1,355 2
    1998£123,750 £473 4
    1997£110,799 £647 5
    1996£56,000 £715 3
    1995£105,166 £897 12
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£304,167 £3,200 3
    2022£347,500 £4,428 2
    2021£326,714 £4,117 7
    2020£290,500 £3,337 6
    2019£310,000 £6,675 1
    2018£274,000 £3,112 6
    2017£255,500 £3,385 4
    2016£266,033 £2,813 9
    2015£192,875 £2,809 4
    2014£203,900 £2,796 10
    2013£167,500 £1,959 2
    2012£179,998 £1,650 3
    2011£144,500 £1,665 3
    2010£164,375 £1,790 4
    2009£171,500 £2,247 3
    2008£192,900 £2,203 5
    2007£210,583 £2,386 6
    2006£186,436 £1,768 8
    2005£161,400 £2,172 8
    2004£199,092 £2,057 16
    2003£134,083 £1,481 3
    2002£130,625 £1,670 4
    2001£87,062 £1,186 8
    2000£89,199 £984 10
    1999£72,416 £1,090 9
    1998£81,999 £900 5
    1997£64,590 £652 5
    1996£42,995 £768 1
    1995£73,9001
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£2,250,0001
    2022£4,272,5002
    2020£8,000,0001
    2019£3,120,0002
    2018£3,312,5002
    2016£2,700,0001
    2015£2,155,0002
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2020£155,000 £3,690 2
    2018£147,500 £3,782 1
    2007£114,000 £2,714 1
    2005£96,750 £2,276 2
    2004£105,000 £2,500 1
    2003£76,950 £1,832 1
    2001£49,500 £1,303 1
    2000£45,500 £1,182 2
    1997£27,500 £655 1

    House Type in ME8 1ED area

    The most common house types in the ME8 1ED postcode area are Semi-detached (56), Detached (40), and Flat (15).

    Total122
    Semi-detached56
    Detached40
    Flat15
    Terraced9
    Shared house1
    temporary structure1
    converted building0
    commercial building0

    Tenure of household

    As per the tenure of household, most of the the properties are Owned: Owns outright (66), and Owned: Owns with a mortgage or loan (36).

    Owned: Owns outright66
    Owned: Owns with a mortgage or loan36
    Private rented: Private landlord or letting agency13
    Social rented: Rents from council or Local Authority3
    Shared ownership: Shared ownership1
    Social rented: Other social rented1
    Does not apply0
    Private rented: Other private rented0
    Lives rent free0

    Number of People in a Household

    The most houses in the ME8 1ED have 2 people in household (54), and 1 person in household (34).

    2 people in household54
    1 person in household34
    3 people in household14
    4 people in household12
    5 people in household6
    6 people in household2
    0 people in household0
    7 people in household0
    8 or more people in household0