Housing Market Analysis for ME8 6LY

Are you looking to understand ME8 6LY 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 6LY area, explore the ME8 6LY Area information page.
For comprehensive crime statistics in the ME8 6LY area, explore the ME8 6LY Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME8 6LY postcode area, The average prices are as follows,

    Sold Price Trend Over the Years:

    Below table and chart gives the average ME8 6LY 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 6LY

    See the table below for more details on the sold house prices in the ME8 6LY, Medway postcode.

    AddressSold DatePrice% Change

    Check out the sold house prices near the ME8 6LY postcode. Properties currently for saleProperties currently for rent

    ME8 6LY Near By properties

    Interactive Map

    This Interactive map can help you visualize the nearby sold house in the ME8 6LY 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 6LY postcode.

    • Semi-Detached
      • The average price is around £156,666 median price is £143,000 Standard Deviation is £78,422 with Total Sold: 783
      • The Last 5 Year average price is £265,745 with Total Sold: 145
      • The most recent sale happened at this postcode is , 16 CRUNDALE ROAD: £280,000 (Sold on 23 Aug 2024)
      • The first recorded sale happened at this postcode is , 42 BEECHINGS WAY: £45,000 (Sold on 10 Feb 1995)
    • Terraced
      • The average price is around £156,481 median price is £144,166 Standard Deviation is £78,324 with Total Sold: 810
      • The Last 5 Year average price is £267,199 with Total Sold: 152
      • The most recent sale happened at this postcode is , 119 TWYDALL LANE: £275,000 (Sold on 16 Aug 2024)
      • The first recorded sale happened at this postcode is , 250 BROADWAY: £42,000 (Sold on 05 Jan 1995)
    • Detached
      • The average price is around £276,453 median price is £250,000 Standard Deviation is £185,572 with Total Sold: 60
      • The Last 5 Year average price is £422,045 with Total Sold: 11
      • The most recent sale happened at this postcode is , 73 ELMFIELD: £265,000 (Sold on 01 Jul 2024)
      • The first recorded sale happened at this postcode is , 178 FEATHERBY ROAD: £43,000 (Sold on 22 May 1996)
    • Other
      • The average price is around £600,083 median price is £250,000 Standard Deviation is £971,543 with Total Sold: 15
      • The Last 5 Year average price is £447,458 with Total Sold: 10
      • The most recent sale happened at this postcode is , 1 MINSTER ROAD: £350,000 (Sold on 24 May 2024)
      • The first recorded sale happened at this postcode is , ESSO SERVICE STATION (SOMERFIELD) GODDEN WAY: £3,050,000 (Sold on 17 Nov 2014)
    • Flat
      • The average price is around £92,991 median price is £95,000 Standard Deviation is £40,049 with Total Sold: 64
      • The Last 5 Year average price is £149,191 with Total Sold: 10
      • The most recent sale happened at this postcode is , 21 MILSTED ROAD: £158,000 (Sold on 29 Apr 2024)
      • The first recorded sale happened at this postcode is , 12 BODIAM CLOSE: £23,000 (Sold on 15 Mar 1996)

    Sold Price Trend Over the Years:

    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£302,094 £3,894 16
    2023£286,500 £3,695 21
    2022£284,636 £3,733 22
    2021£256,643 £3,139 35
    2020£240,690 £2,919 29
    2019£248,114 £3,014 22
    2018£238,296 £2,933 41
    2017£227,293 £2,819 29
    2016£215,242 £2,713 26
    2015£184,026 £2,347 19
    2014£165,271 £2,076 35
    2013£148,751 £1,882 27
    2012£139,350 £1,746 20
    2011£134,079 £1,822 19
    2010£137,433 £1,616 15
    2009£128,936 £1,655 25
    2008£144,156 £1,853 16
    2007£149,205 £1,995 35
    2006£144,625 £1,835 36
    2005£137,554 £1,691 23
    2004£133,317 £1,608 25
    2003£116,839 £1,434 42
    2002£109,522 £1,248 40
    2001£80,437 £996 36
    2000£68,039 £808 19
    1999£56,447 £709 23
    1998£58,743 £670 23
    1997£50,454 £642 22
    1996£42,020 £497 25
    1995£43,732 £492 17
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£287,875 £3,638 8
    2023£282,172 £3,503 29
    2022£313,120 £3,703 25
    2021£262,682 £3,320 33
    2020£237,027 £3,036 28
    2019£241,207 £2,889 29
    2018£234,026 £2,945 32
    2017£228,607 £2,913 28
    2016£212,745 £2,589 30
    2015£194,357 £2,278 35
    2014£167,266 £2,200 32
    2013£141,439 £1,759 24
    2012£134,674 £1,643 23
    2011£126,342 £1,686 19
    2010£140,913 £1,829 23
    2009£135,210 £1,756 25
    2008£149,215 £1,870 17
    2007£153,148 £2,024 37
    2006£144,164 £1,737 47
    2005£134,722 £1,692 20
    2004£128,644 £1,565 26
    2003£115,578 £1,440 25
    2002£105,783 £1,232 28
    2001£79,349 £981 45
    2000£68,719 £798 25
    1999£61,361 £708 26
    1998£55,138 £656 28
    1997£50,500 £637 17
    1996£45,251 £571 31
    1995£42,363 £502 15
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£265,0001
    2023£362,500 £3,940 1
    2022£850,000 £4,293 1
    2021£321,000 £2,654 4
    2020£620,000 £5,127 2
    2019£320,500 £5,104 2
    2018£373,750 £2,765 4
    2017£250,000 £4,630 1
    2016£328,000 £2,211 1
    2015£233,333 £2,191 3
    2014£199,995 £2,273 1
    2013£361,667 £2,408 3
    2012£152,500 £3,177 1
    2011£352,500 £2,419 2
    2010£270,000 £2,482 1
    2008£220,0001
    2007£412,5002
    2006£145,000 £2,685 1
    2005£391,000 £1,965 2
    2004£174,9752
    2003£107,833 £1,198 3
    2002£332,857 £1,734 7
    2001£259,375 £1,322 4
    2000£78,0001
    1999£66,000 £541 1
    1998£91,202 £561 4
    1997£73,950 £625 2
    1996£44,750 £355 2
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£212,5002
    2023£7,650 £86 1
    2021£1,066,645 £2,378 3
    2020£250,000 £2,778 1
    2019£197,333 £52 3
    2018£4,1601
    2017£490,8333
    2014£3,050,0001
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£152,303 £2,239 3
    2022£153,000 £4,055 4
    2020£149,000 £2,191 1
    2019£137,000 £2,747 2
    2018£155,375 £3,137 2
    2017£112,500 £2,283 2
    2016£107,333 £1,883 3
    2015£96,667 £2,396 3
    2014£119,583 £2,417 6
    2013£76,000 £1,527 2
    2011£83,400 £1,216 5
    2010£52,500 £1,312 1
    2009£61,250 £2,451 2
    2008£100,600 £1,569 5
    2007£90,000 £1,916 3
    2006£99,000 £2,073 2
    2005£80,000 £1,538 1
    2004£78,000 £2,045 2
    2003£76,300 £1,500 2
    2002£52,875 £736 2
    2001£39,190 £977 5
    2000£33,315 £679 3
    1998£26,5001
    1997£39,500 £482 1
    1996£23,000 £705 1

    House Type in ME8 6LY area

    The most common house types in the ME8 6LY postcode area are Terraced (88), Semi-detached (38), and Detached (6).

    Total132
    Terraced88
    Semi-detached38
    Detached6
    Flat0
    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 with a mortgage or loan (36), and Owned: Owns outright (32).

    Owned: Owns with a mortgage or loan36
    Owned: Owns outright32
    Social rented: Rents from council or Local Authority30
    Private rented: Private landlord or letting agency16
    Social rented: Other social rented14
    Private rented: Other private rented2
    Shared ownership: Shared ownership1
    Does not apply0
    Lives rent free0

    Number of People in a Household

    The most houses in the ME8 6LY have 2 people in household (36), and 3 people in household (30).

    2 people in household36
    3 people in household30
    1 person in household28
    4 people in household17
    5 people in household14
    6 people in household6
    7 people in household1
    0 people in household0
    8 or more people in household0