Housing Market Analysis for PUMP LANE, ME8 7AD

Are you looking to understand ME8 7AD 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 7AD area, explore the ME8 7AD Area information page.
For comprehensive crime statistics in the ME8 7AD area, explore the ME8 7AD Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME8 7AD postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £255,500 median price is £264,000 Standard Deviation is £93,549 with Total Sold: 7
    • The Last 5 Year average price is £335,667 with Total Sold: 3
    • The most recent sale happened at this postcode is 73 PUMP LANE: £337,000 (Sold on 06 Jan 2023)
    • The first recorded sale happened at this postcode is 55 PUMP LANE: £385,000 (Sold on 16 Nov 2023)
  • Detached
    • The average price is around £364,062 median price is £347,500 Standard Deviation is £135,646 with Total Sold: 8
    • The Last 5 Year average price is £461,250 with Total Sold: 4
    • The most recent sale happened at this postcode is 38 PUMP LANE: £360,000 (Sold on 14 Jun 2022)
    • The first recorded sale happened at this postcode is 44 PUMP LANE: £150,000 (Sold on 29 Mar 1999)
  • Other
    • The average price is around £360,000 median price is £360,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £360,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 67 PUMP LANE: £360,000 (Sold on 13 Sep 2021)
    • The first recorded sale happened at this postcode is 67 PUMP LANE: £360,000 (Sold on 13 Sep 2021)

Sold Price Trend Over the Years:

Below table and chart gives the average ME8 7AD 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£361,000 £5,124 2
2020£285,000 £3,132 1
2017£260,000 £4,062 1
2016£264,000 £4,475 1
2005£177,5001
1996£80,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£360,000 £4,337 1
2021£550,000 £4,867 1
2020£590,000 £3,665 1
2019£345,000 £3,165 1
2012£317,500 £2,810 1
2007£350,000 £3,097 1
2002£250,000 £1,553 1
1999£150,000 £1,327 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£360,000 £3,956 1

All the Sales in the PUMP LANE, ME8 7AD

See the table below for more details on the sold house prices in the ME8 7AD, Medway postcode.

AddressSold DatePrice% Change
73 PUMP LANESemi-Detached, FreeholdArea: 56 Sq.mtrAge: 1930-194906 Jan 2023£337,000First Sale
38 PUMP LANEDetached, FreeholdArea: 83 Sq.mtrAge: 1930-194914 Jun 2022£360,000First Sale
44 PUMP LANEDetached, FreeholdArea: 113 Sq.mtrAge: 1930-194925 Oct 2021£550,00073.23%
19 Oct 2012£317,500-9.29%
07 Mar 2007£350,000133.33%
29 Mar 1999£150,000First Sale
67 PUMP LANEOther, FreeholdArea: 91 Sq.mtrAge: 1930-194913 Sep 2021£360,000First Sale
55 PUMP LANESemi-Detached, FreeholdArea: 91 Sq.mtrAge: 1950-196618 Dec 2020£285,000-25.97%
16 Nov 2023£385,000First Sale
42 PUMP LANEDetached, FreeholdArea: 161 Sq.mtrAge: 1930-194927 Nov 2020£590,000136.00%
31 May 2002£250,000First Sale
40 PUMP LANEDetached, FreeholdArea: 109 Sq.mtrAge: 1950-196619 Sep 2019£345,000First Sale
57 PUMP LANESemi-Detached, FreeholdArea: 64 Sq.mtrAge: 1930-194907 Jul 2017£260,000First Sale
63 PUMP LANESemi-Detached, FreeholdArea: 59 Sq.mtrAge: 1930-194923 Sep 2016£264,000First Sale
61 PUMP LANESemi-Detached, Freehold20 May 2005£177,500First Sale
51 PUMP LANESemi-Detached, Freehold18 Jun 1996£80,000First Sale

Check out the sold house prices near the ME8 7AD postcode. Properties currently for saleProperties currently for rent

PUMP LANE, ME8 7AD Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME8 7AD 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 7AD postcode.

  • Terraced
    • The average price is around £164,097 median price is £151,000 Standard Deviation is £84,608 with Total Sold: 582
    • The Last 5 Year average price is £276,633 with Total Sold: 115
    • The most recent sale happened at this postcode is , 13 HEREFORD CLOSE: £297,500 (Sold on 23 Sep 2024)
    • The first recorded sale happened at this postcode is , 33 STURRY WAY: £44,250 (Sold on 03 Jan 1995)
  • Semi-Detached
    • The average price is around £169,256 median price is £157,750 Standard Deviation is £88,340 with Total Sold: 1,070
    • The Last 5 Year average price is £290,414 with Total Sold: 181
    • 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 , 145 PUMP LANE: £48,500 (Sold on 27 Jan 1995)
  • Flat
    • The average price is around £114,470 median price is £108,500 Standard Deviation is £64,744 with Total Sold: 133
    • The Last 5 Year average price is £168,138 with Total Sold: 29
    • The most recent sale happened at this postcode is 10, GUARDIAN COURT LONDON ROAD: £133,000 (Sold on 14 Jun 2024)
    • The first recorded sale happened at this postcode is 16, GUARDIAN COURT LONDON ROAD: £32,000 (Sold on 23 Mar 1995)
  • Detached
    • The average price is around £273,177 median price is £258,500 Standard Deviation is £158,276 with Total Sold: 228
    • The Last 5 Year average price is £511,527 with Total Sold: 37
    • The most recent sale happened at this postcode is , 17 PUMP LANE: £615,000 (Sold on 08 Feb 2024)
    • The first recorded sale happened at this postcode is , 7 PUMP LANE: £40,235 (Sold on 10 Feb 1995)
  • Other
    • The average price is around £205,868 median price is £267,000 Standard Deviation is £159,509 with Total Sold: 11
    • The Last 5 Year average price is £336,208 with Total Sold: 6
    • The most recent sale happened at this postcode is , 56 LONDON ROAD: £267,000 (Sold on 28 Sep 2023)
    • The first recorded sale happened at this postcode is , 26 LONDON ROAD: £235,000 (Sold on 11 Jan 2017)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£262,755 £4,172 8
2023£318,972 £3,508 18
2022£303,281 £3,832 16
2021£282,460 £3,425 25
2020£249,264 £3,121 22
2019£252,750 £3,091 26
2018£247,278 £3,148 27
2017£229,972 £2,758 18
2016£233,133 £2,966 15
2015£213,125 £2,521 20
2014£169,741 £2,198 17
2013£162,071 £1,979 14
2012£176,995 £2,102 23
2011£148,062 £1,768 8
2010£141,681 £1,903 11
2009£141,446 £1,689 14
2008£169,723 £1,927 13
2007£164,779 £2,171 17
2006£152,739 £1,785 25
2005£150,633 £1,890 24
2004£138,617 £1,947 17
2003£137,592 £1,627 27
2002£109,384 £1,287 26
2001£81,702 £1,088 25
2000£75,301 £908 26
1999£70,441 £874 17
1998£64,035 £682 24
1997£55,511 £683 26
1996£47,733 £580 18
1995£51,550 £625 15
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£323,269 £3,727 13
2023£314,625 £3,943 45
2022£301,000 £3,933 23
2021£291,894 £3,435 47
2020£247,255 £3,175 28
2019£265,570 £3,331 25
2018£258,995 £3,068 47
2017£262,502 £3,121 40
2016£248,512 £3,019 42
2015£212,766 £2,446 30
2014£194,783 £2,392 30
2013£167,577 £2,069 26
2012£164,767 £1,938 37
2011£153,042 £1,956 24
2010£160,120 £1,936 24
2009£152,276 £1,893 29
2008£159,329 £2,054 22
2007£173,049 £2,040 45
2006£157,171 £1,851 45
2005£154,043 £1,727 46
2004£146,370 £1,701 35
2003£133,363 £1,691 50
2002£122,249 £1,349 34
2001£91,594 £1,209 35
2000£87,140 £965 41
1999£73,829 £814 36
1998£64,451 £775 49
1997£57,886 £641 50
1996£55,716 £592 41
1995£53,048 £640 31
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£155,6254
2023£225,708 £6,312 6
2022£172,071 £3,849 7
2021£158,625 £3,164 4
2020£136,300 £2,811 5
2019£126,250 £3,395 3
2018£150,125 £3,124 4
2017£154,375 £3,008 8
2016£148,400 £2,874 5
2015£111,583 £2,330 6
2014£112,688 £2,906 6
2013£85,000 £2,237 1
2012£104,569 £2,272 8
2011£78,7502
2010£95,750 £2,059 6
2009£80,250 £2,451 2
2008£112,375 £2,441 4
2007£132,371 £2,569 17
2006£85,8333
2005£81,6673
2004£76,133 £1,389 3
2003£70,899 £1,531 5
2002£59,000 £1,405 1
2001£50,890 £1,016 5
2000£37,940 £896 5
1999£37,567 £920 3
1998£31,8254
1996£25,500 £705 2
1995£32,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£702,500 £4,522 2
2023£584,750 £4,321 8
2022£575,000 £4,242 4
2021£467,062 £4,357 8
2020£458,667 £3,872 6
2019£450,556 £3,681 9
2018£395,993 £3,309 7
2017£364,100 £3,585 5
2016£393,333 £3,193 6
2015£386,700 £2,936 5
2014£316,579 £2,856 12
2013£324,600 £2,796 5
2012£293,500 £2,422 5
2011£276,333 £2,119 6
2010£287,599 £2,377 5
2009£304,000 £2,224 5
2008£247,500 £1,835 2
2007£312,367 £2,396 15
2006£281,916 £2,522 6
2005£262,000 £2,924 3
2004£262,991 £2,130 6
2003£245,944 £1,833 9
2002£221,833 £2,025 6
2001£176,661 £1,659 9
2000£134,874 £1,198 8
1999£119,071 £1,024 14
1998£131,192 £947 13
1997£119,710 £965 10
1996£111,700 £726 14
1995£92,249 £779 15
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£293,625 £4,387 2
2022£295,000 £4,070 1
2021£378,333 £3,518 3
2018£5,798 £52 1
2017£60,375 £8 4

House Type in ME8 7AD area

The most common house types in the ME8 7AD postcode area are Semi-detached (86), Terraced (20), and Detached (12).

Total119
Semi-detached86
Terraced20
Detached12
commercial building1
Flat0
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (58), and Owned: Owns with a mortgage or loan (34).

Owned: Owns outright58
Owned: Owns with a mortgage or loan34
Private rented: Private landlord or letting agency12
Social rented: Rents from council or Local Authority11
Social rented: Other social rented3
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the ME8 7AD have 2 people in household (40), and 3 people in household (28).

2 people in household40
3 people in household28
1 person in household27
4 people in household19
5 people in household7
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0