Housing Market Analysis for MONMOUTH CLOSE, ME8 7BQ

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £159,973 median price is £158,622 Standard Deviation is £74,289 with Total Sold: 26
    • The Last 5 Year average price is £286,450 with Total Sold: 4
    • The most recent sale happened at this postcode is 2 MONMOUTH CLOSE: £280,000 (Sold on 26 Apr 2022)
    • The first recorded sale happened at this postcode is 12 MONMOUTH CLOSE: £48,750 (Sold on 27 Jan 1997)
  • Semi-Detached
    • The average price is around £92,000 median price is £92,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 13 MONMOUTH CLOSE: £92,000 (Sold on 22 Nov 2001)
    • The first recorded sale happened at this postcode is 13 MONMOUTH CLOSE: £92,000 (Sold on 22 Nov 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average ME8 7BQ 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
2022£287,500 £4,128 2
2020£285,400 £3,040 2
2018£225,000 £3,214 1
2016£216,500 £3,303 2
2015£190,000 £3,016 1
2013£140,000 £2,121 1
2008£165,750 £1,473 2
2007£159,0823
2006£199,9951
2005£147,500 £2,107 1
2003£124,167 £1,714 3
2002£97,5001
2001£72,500 £1,133 1
2000£79,500 £1,118 2
1999£60,000 £857 1
1998£59,0001
1997£48,750 £774 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2001£92,000 £1,373 1

All the Sales in the MONMOUTH CLOSE, ME8 7BQ

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

AddressSold DatePrice% Change
2 MONMOUTH CLOSETerraced, FreeholdArea: 64 Sq.mtrAge: 1967-197526 Apr 2022£280,00036.59%
04 Mar 2016£205,000182.76%
29 Jan 2001£72,500First Sale
14 MONMOUTH CLOSETerraced, FreeholdArea: 76 Sq.mtrAge: 1950-196625 Mar 2022£295,00023.53%
21 May 2020£238,800180.94%
24 Oct 2000£85,000First Sale
7 MONMOUTH CLOSETerraced, FreeholdArea: 113 Sq.mtrAge: 1976-198214 Oct 2020£332,00099.40%
31 Jan 2008£166,500First Sale
5 MONMOUTH CLOSETerraced, FreeholdArea: 70 Sq.mtrAge: 1950-196606 Mar 2018£225,00052.54%
17 Aug 2005£147,50022.92%
28 Mar 2003£120,000100.00%
25 May 1999£60,000First Sale
13 MONMOUTH CLOSETerraced, FreeholdArea: 67 Sq.mtrAge: 1967-197527 Apr 2016£228,000147.83%
22 Nov 2001£92,000First Sale
12 MONMOUTH CLOSETerraced, FreeholdArea: 63 Sq.mtrAge: 1967-197521 Aug 2015£190,000289.74%
27 Jan 1997£48,750First Sale
4 MONMOUTH CLOSETerraced, FreeholdArea: 66 Sq.mtrAge: 1967-197525 Jan 2013£140,000First Sale
1 MONMOUTH CLOSETerraced, Freehold11 Jan 2008£165,000First Sale
6 MONMOUTH CLOSETerraced, Freehold03 Sep 2007£159,99530.61%
23 Oct 2003£122,500First Sale
9 MONMOUTH CLOSETerraced, Freehold20 Jul 2007£157,250112.50%
11 Oct 2000£74,00025.42%
26 May 1998£59,000First Sale
3 MONMOUTH CLOSETerraced, Freehold30 Mar 2007£160,00023.08%
05 Dec 2003£130,000First Sale
8 MONMOUTH CLOSETerraced, Freehold29 Sep 2006£199,995105.12%
28 May 2002£97,500First Sale

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

MONMOUTH CLOSE, ME8 7BQ Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £165,884 median price is £155,500 Standard Deviation is £84,959 with Total Sold: 310
    • The Last 5 Year average price is £278,919 with Total Sold: 65
    • 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 , 2 PEMBURY WAY: £48,000 (Sold on 03 May 1995)
  • Detached
    • The average price is around £353,971 median price is £370,000 Standard Deviation is £143,944 with Total Sold: 139
    • The Last 5 Year average price is £474,130 with Total Sold: 54
    • The most recent sale happened at this postcode is , 28 CRANFORD CLOSE: £520,000 (Sold on 16 Sep 2024)
    • The first recorded sale happened at this postcode is , 7 DANSON WAY: £57,000 (Sold on 28 Jul 1995)
  • Other
    • The average price is around £2,089,468 median price is £330,475 Standard Deviation is £4,995,742 with Total Sold: 8
    • 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 , 17 BEDFORD AVENUE: £3,000 (Sold on 26 May 2017)
  • Semi-Detached
    • The average price is around £183,871 median price is £170,000 Standard Deviation is £98,604 with Total Sold: 897
    • The Last 5 Year average price is £318,983 with Total Sold: 184
    • 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 £91,783 median price is £89,995 Standard Deviation is £48,936 with Total Sold: 79
    • The Last 5 Year average price is £128,400 with Total Sold: 5
    • The most recent sale happened at this postcode is , 5 RIVER VIEW: £135,000 (Sold on 05 Jun 2024)
    • The first recorded sale happened at this postcode is , 25 RIVER VIEW: £24,500 (Sold on 07 Jul 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£295,108 £3,916 5
2023£335,444 £3,768 9
2022£300,944 £3,884 9
2021£266,882 £3,557 17
2020£259,621 £3,325 14
2019£250,455 £3,225 11
2018£260,333 £3,220 12
2017£237,714 £2,891 7
2016£229,000 £3,003 10
2015£196,000 £2,610 10
2014£183,274 £2,445 4
2013£184,624 £2,061 8
2012£189,555 £2,169 18
2011£157,500 £2,089 1
2010£152,499 £1,796 5
2009£123,571 £1,692 7
2008£171,700 £1,827 7
2007£150,895 £2,355 12
2006£151,624 £1,769 12
2005£140,012 £1,876 16
2004£131,857 £1,772 7
2003£135,441 £1,740 17
2002£101,074 £1,210 16
2001£84,419 £1,230 13
2000£71,364 £901 11
1999£72,000 £1,057 10
1998£67,594 £775 8
1997£52,223 £691 15
1996£52,068 £592 11
1995£54,374 £655 8
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£497,5002
2023£529,333 £4,285 3
2022£485,000 £4,272 2
2021£473,738 £4,196 28
2020£509,859 £3,961 11
2019£397,112 £3,760 8
2018£492,525 £3,482 4
2017£377,500 £3,558 2
2016£415,000 £3,673 1
2015£235,833 £2,557 3
2014£269,988 £2,680 4
2013£354,775 £2,488 20
2012£326,000 £2,437 19
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
2000£106,197 £1,180 5
1999£108,500 £1,193 4
1998£119,700 £878 5
1996£66,000 £688 1
1995£80,500 £800 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£340,7001
2023£320,250 £4,387 1
2021£372,500 £3,518 2
2018£7,652,899 £107,773 2
2017£2,000 £8 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£332,889 £3,955 9
2023£329,264 £4,008 40
2022£343,296 £4,270 27
2021£322,467 £3,941 61
2020£294,905 £3,490 21
2019£284,377 £3,291 26
2018£273,237 £3,179 41
2017£285,000 £3,331 19
2016£259,379 £3,246 33
2015£210,577 £2,541 26
2014£200,152 £2,407 23
2013£174,964 £2,154 21
2012£174,836 £2,034 28
2011£162,164 £2,067 19
2010£173,793 £2,103 15
2009£162,391 £1,979 23
2008£177,735 £2,045 17
2007£187,320 £2,161 35
2006£164,857 £1,919 37
2005£161,689 £1,796 37
2004£158,392 £1,777 28
2003£139,727 £1,619 34
2002£129,738 £1,474 36
2001£103,376 £1,272 26
2000£89,628 £976 33
1999£76,446 £801 31
1998£67,960 £825 40
1997£62,602 £685 43
1996£59,599 £653 33
1995£59,507 £684 35
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£122,5003
2022£207,000 £3,258 1
2021£67,500 £1,500 1
2018£149,900 £2,946 5
2017£158,750 £2,630 6
2016£146,667 £2,734 3
2015£132,000 £2,449 2
2014£97,500 £1,875 1
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£86,937 £1,743 8
2004£94,995 £1,827 1
2003£70,332 £1,276 6
2002£44,832 £862 3
2001£53,998 £1,101 2
2000£38,590 £758 5
1999£32,189 £631 5
1997£30,665 £590 3
1996£28,699 £594 5
1995£24,500 £544 1

House Type in ME8 7BQ area

The most common house types in the ME8 7BQ 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 7BQ 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