Housing Market Analysis for LICHFIELD CLOSE, ME8 7AZ

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £146,958 median price is £140,000 Standard Deviation is £77,716 with Total Sold: 12
    • The Last 5 Year average price is £263,333 with Total Sold: 3
    • The most recent sale happened at this postcode is 1 LICHFIELD CLOSE: £280,000 (Sold on 26 Apr 2023)
    • The first recorded sale happened at this postcode is 8 LICHFIELD CLOSE: £245,000 (Sold on 05 Jun 2024)
  • Semi-Detached
    • The average price is around £122,665 median price is £114,995 Standard Deviation is £16,049 with Total Sold: 3
    • The most recent sale happened at this postcode is 11 LICHFIELD CLOSE: £145,000 (Sold on 02 Dec 2011)
    • The first recorded sale happened at this postcode is 15 LICHFIELD CLOSE: £108,000 (Sold on 21 Feb 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average ME8 7AZ 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£280,000 £4,179 1
2021£265,000 £4,015 1
2015£175,000 £2,692 1
2010£140,000 £2,264 1
2007£144,995 £2,231 1
2004£135,5002
2000£68,750 £913 2
1997£55,0001
1995£50,0001
2024£245,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2011£145,000 £2,204 1
2003£111,498 £1,774 2

All the Sales in the LICHFIELD CLOSE, ME8 7AZ

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

AddressSold DatePrice% Change
1 LICHFIELD CLOSETerraced, FreeholdArea: 67 Sq.mtrAge: 1950-196626 Apr 2023£280,000First Sale
16 LICHFIELD CLOSETerraced, FreeholdArea: 66 Sq.mtrAge: 1950-196621 Dec 2021£265,000First Sale
18 LICHFIELD CLOSETerraced, FreeholdArea: 65 Sq.mtrAge: 1967-197530 Jan 2015£175,00020.69%
30 Nov 2007£144,995First Sale
11 LICHFIELD CLOSESemi-Detached, FreeholdArea: 65.8 Sq.mtrAge: 1967-197502 Dec 2011£145,00026.09%
03 Mar 2003£114,995First Sale
7 LICHFIELD CLOSETerraced, FreeholdArea: 61.84 Sq.mtrAge: 1967-197529 Oct 2010£140,000First Sale
3 LICHFIELD CLOSETerraced, Freehold04 May 2004£131,000First Sale
4 LICHFIELD CLOSETerraced, Freehold07 Apr 2004£140,000First Sale
15 LICHFIELD CLOSESemi-Detached, FreeholdArea: 60 Sq.mtrAge: 1976-198221 Feb 2003£108,000First Sale
13 LICHFIELD CLOSETerraced, Freehold14 Jul 2000£69,000First Sale
8 LICHFIELD CLOSETerraced, FreeholdArea: 75 Sq.mtrAge: 1967-197528 Jan 2000£68,500-72.04%
05 Jun 2024£245,000First Sale
12 LICHFIELD CLOSETerraced, Freehold07 Mar 1997£55,000First Sale
5 LICHFIELD CLOSETerraced, Freehold29 Aug 1995£50,000First Sale

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

LICHFIELD CLOSE, ME8 7AZ Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £176,719 median price is £166,250 Standard Deviation is £88,118 with Total Sold: 406
    • The Last 5 Year average price is £280,421 with Total Sold: 84
    • 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 , 35 ROLVENDEN AVENUE: £47,995 (Sold on 03 May 1995)
  • Other
    • The average price is around £2,387,064 median price is £340,700 Standard Deviation is £5,273,924 with Total Sold: 7
    • The Last 5 Year average price is £351,488 with Total Sold: 4
    • The most recent sale happened at this postcode is , 41 HOLMOAKS: £340,700 (Sold on 12 Aug 2024)
    • The first recorded sale happened at this postcode is , 45 HOLLINGBOURNE ROAD: £2,500 (Sold on 13 Jun 2017)
  • Semi-Detached
    • The average price is around £174,329 median price is £162,750 Standard Deviation is £92,855 with Total Sold: 932
    • The Last 5 Year average price is £302,903 with Total Sold: 175
    • The most recent sale happened at this postcode is , 11 EMMELINE CLOSE: £348,000 (Sold on 10 Jul 2024)
    • The first recorded sale happened at this postcode is , 12 HIGH ELMS: £75,000 (Sold on 12 Jan 1995)
  • Flat
    • The average price is around £92,660 median price is £90,000 Standard Deviation is £47,707 with Total Sold: 93
    • The Last 5 Year average price is £135,889 with Total Sold: 9
    • The most recent sale happened at this postcode is , 26 ROLVENDEN AVENUE: £108,000 (Sold on 07 Jun 2024)
    • The first recorded sale happened at this postcode is , 25 RIVER VIEW: £24,500 (Sold on 07 Jul 1995)
  • Detached
    • The average price is around £258,398 median price is £245,000 Standard Deviation is £138,564 with Total Sold: 65
    • The Last 5 Year average price is £426,622 with Total Sold: 16
    • The most recent sale happened at this postcode is , 98 HAWTHORNE AVENUE: £490,000 (Sold on 24 Mar 2023)
    • The first recorded sale happened at this postcode is , 7 DANSON WAY: £57,000 (Sold on 28 Jul 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£275,649 £3,916 7
2023£335,000 £3,956 10
2022£289,350 £3,884 10
2021£281,848 £3,526 23
2020£259,206 £3,250 16
2019£264,028 £3,275 18
2018£252,818 £3,203 22
2017£252,357 £2,915 7
2016£240,000 £3,045 11
2015£215,882 £2,714 17
2014£196,233 £2,382 9
2013£180,666 £2,012 9
2012£186,342 £2,154 19
2011£195,000 £2,715 1
2010£166,187 £2,013 8
2009£128,750 £1,720 8
2008£170,267 £1,914 9
2007£165,231 £2,398 16
2006£210,843 £2,351 32
2005£143,484 £1,886 19
2004£133,625 £1,764 8
2003£134,874 £1,696 20
2002£101,634 £1,235 20
2001£82,621 £1,203 16
2000£69,927 £905 16
1999£70,364 £1,057 11
1998£61,175 £724 12
1997£51,423 £687 15
1996£52,025 £592 10
1995£53,999 £638 7
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£340,7001
2023£320,250 £4,387 1
2021£372,500 £3,518 2
2018£15,300,000 £215,493 1
2017£1,750 £8 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£333,875 £3,644 8
2023£319,730 £4,020 42
2022£327,833 £4,181 24
2021£300,441 £3,749 51
2020£275,805 £3,315 25
2019£272,910 £3,331 25
2018£266,149 £3,115 37
2017£264,967 £3,291 27
2016£259,391 £3,177 32
2015£205,607 £2,493 28
2014£199,646 £2,395 24
2013£172,962 £2,147 20
2012£167,780 £1,973 30
2011£157,706 £2,104 20
2010£176,087 £2,149 16
2009£157,600 £1,987 25
2008£176,092 £2,175 19
2007£180,618 £2,109 38
2006£163,377 £1,885 39
2005£158,802 £1,800 38
2004£154,499 £1,800 29
2003£136,874 £1,593 34
2002£131,919 £1,477 36
2001£95,622 £1,219 31
2000£89,080 £974 34
1999£76,524 £859 34
1998£66,363 £815 48
1997£59,877 £675 46
1996£58,480 £625 36
1995£57,604 £671 36
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£126,7005
2022£188,000 £3,796 2
2021£67,500 £1,500 1
2019£146,000 £3,395 1
2018£149,900 £2,946 5
2017£153,929 £2,712 7
2016£146,667 £2,734 3
2015£126,333 £2,524 3
2014£93,750 £2,091 2
2013£77,750 £1,701 2
2012£135,000 £2,125 1
2011£91,000 £1,815 1
2010£98,750 £1,718 2
2008£120,750 £2,270 4
2007£129,583 £2,379 6
2006£98,500 £1,894 2
2005£88,944 £1,743 9
2004£73,498 £1,362 2
2003£70,249 £1,346 8
2002£49,299 £988 5
2001£53,998 £1,101 2
2000£39,908 £758 6
1999£32,189 £631 5
1997£30,665 £590 3
1996£28,699 £594 5
1995£24,500 £544 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£529,333 £4,285 3
2022£360,000 £4,337 1
2021£411,333 £4,126 6
2020£494,975 £3,937 2
2019£355,000 £3,492 4
2018£337,333 £3,377 3
2017£328,000 £3,644 1
2016£415,000 £3,673 1
2015£235,833 £2,557 3
2014£269,988 £2,680 4
2013£282,500 £2,475 2
2012£246,250 £2,377 2
2011£232,500 £1,854 2
2010£130,000 £1,688 1
2009£250,000 £2,039 2
2008£215,000 £2,500 1
2007£336,667 £2,576 3
2006£222,5001
2005£198,667 £2,133 3
2004£203,000 £2,207 1
2002£250,000 £1,553 1
2001£135,000 £1,274 1
2000£98,746 £1,052 4
1999£95,200 £1,193 5
1998£109,100 £811 5
1996£66,000 £688 1
1995£80,500 £800 2

House Type in ME8 7AZ area

The most common house types in the ME8 7AZ postcode area are Terraced (60), Semi-detached (49), and Detached (2).

Total111
Terraced60
Semi-detached49
Detached2
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 outright (50), and Owned: Owns with a mortgage or loan (45).

Owned: Owns outright50
Owned: Owns with a mortgage or loan45
Private rented: Private landlord or letting agency16
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the ME8 7AZ have 2 people in household (46), and 1 person in household (22).

2 people in household46
1 person in household22
4 people in household20
3 people in household15
5 people in household5
7 people in household2
0 people in household0
6 people in household0
8 or more people in household0