Housing Market Analysis for ME8 7EL

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average ME8 7EL 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 7EL

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

    AddressSold DatePrice% Change

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

    ME8 7EL Near By properties

    Interactive Map

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

    • Detached
      • The average price is around £287,253 median price is £275,000 Standard Deviation is £151,390 with Total Sold: 442
      • The Last 5 Year average price is £502,739 with Total Sold: 67
      • 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 PUMP LANE: £40,235 (Sold on 10 Feb 1995)
    • Other
      • The average price is around £236,124 median price is £320,350 Standard Deviation is £187,565 with Total Sold: 8
      • The Last 5 Year average price is £394,799 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)
    • Terraced
      • The average price is around £157,194 median price is £148,500 Standard Deviation is £85,947 with Total Sold: 463
      • The Last 5 Year average price is £282,026 with Total Sold: 77
      • The most recent sale happened at this postcode is , 33 LANGDALE CLOSE: £305,000 (Sold on 02 Aug 2024)
      • The first recorded sale happened at this postcode is , 39 ROBERTS ROAD: £30,000 (Sold on 27 Jan 1995)
    • Flat
      • The average price is around £110,863 median price is £94,500 Standard Deviation is £67,136 with Total Sold: 115
      • The Last 5 Year average price is £159,032 with Total Sold: 31
      • 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)
    • Semi-Detached
      • The average price is around £179,436 median price is £170,000 Standard Deviation is £95,218 with Total Sold: 659
      • The Last 5 Year average price is £318,594 with Total Sold: 90
      • The most recent sale happened at this postcode is , 37 PENSHURST CLOSE: £300,000 (Sold on 12 Mar 2024)
      • The first recorded sale happened at this postcode is , 12 HIGH ELMS: £75,000 (Sold on 12 Jan 1995)

    Sold Price Trend Over the Years:

    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£641,667 £4,522 3
    2023£541,571 £4,402 7
    2022£544,375 £4,377 8
    2021£494,429 £4,362 21
    2020£495,818 £3,584 11
    2019£457,382 £3,628 17
    2018£448,546 £3,566 13
    2017£461,429 £3,387 7
    2016£396,429 £2,771 7
    2015£373,812 £3,062 16
    2014£301,912 £2,847 16
    2013£339,151 £2,479 33
    2012£326,733 £2,476 30
    2011£250,308 £2,234 13
    2010£319,000 £2,608 12
    2009£249,750 £2,384 10
    2008£300,273 £2,433 11
    2007£290,631 £2,421 19
    2006£286,772 £2,400 11
    2005£251,600 £2,504 10
    2004£265,749 £2,024 8
    2003£255,833 £1,903 12
    2002£213,361 £1,787 18
    2001£185,320 £1,518 17
    2000£161,562 £1,201 16
    1999£131,052 £1,080 19
    1998£130,533 £1,061 15
    1997£105,228 £829 18
    1996£110,712 £795 25
    1995£88,618 £722 19
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£340,7001
    2021£412,832 £3,518 3
    2018£5,798 £52 1
    2017£101,333 £1,728 3
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£303,500 £3,339 5
    2023£326,115 £3,642 13
    2022£323,850 £3,758 10
    2021£285,625 £3,525 16
    2020£247,618 £3,091 17
    2019£246,312 £3,075 16
    2018£255,632 £3,073 19
    2017£229,211 £2,864 19
    2016£226,583 £3,697 12
    2015£192,796 £2,439 13
    2014£168,316 £2,020 19
    2013£154,295 £1,886 10
    2012£156,862 £1,940 8
    2011£166,038 £1,750 13
    2010£140,000 £1,962 7
    2009£132,250 £1,531 10
    2008£169,067 £1,927 6
    2007£173,266 £2,043 15
    2006£157,000 £2,083 25
    2005£152,852 £1,897 17
    2004£141,583 £1,763 12
    2003£141,194 £1,663 18
    2002£119,545 £1,345 22
    2001£81,441 £1,029 23
    2000£79,088 £881 23
    1999£76,500 £902 14
    1998£62,724 £696 22
    1997£54,146 £658 25
    1996£49,823 £590 17
    1995£48,206 £585 17
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£168,625 £3,443 4
    2023£208,031 £5,254 8
    2022£149,800 £2,633 5
    2021£149,600 £2,485 5
    2020£128,583 £2,014 6
    2019£107,583 £1,286 3
    2018£105,812 £1,708 4
    2017£147,650 £2,667 5
    2016£134,250 £2,757 4
    2015£96,833 £1,750 3
    2014£106,146 £2,414 6
    2012£101,758 £2,469 6
    2011£78,7502
    2010£97,750 £2,029 6
    2009£80,5001
    2008£110,2502
    2007£132,908 £2,654 13
    2006£85,8333
    2005£81,6673
    2004£88,200 £1,635 2
    2003£70,374 £1,323 4
    2001£50,890 £1,016 5
    2000£42,2333
    1999£37,567 £920 3
    1998£47,660 £904 5
    1997£28,750 £509 2
    1996£28,0001
    1995£32,0001
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£306,700 £3,759 5
    2023£360,608 £3,997 19
    2022£345,556 £4,167 9
    2021£326,632 £3,573 26
    2020£289,667 £3,261 12
    2019£274,211 £3,082 19
    2018£285,174 £3,313 27
    2017£295,450 £3,353 20
    2016£265,075 £2,985 20
    2015£248,575 £2,498 20
    2014£215,947 £2,489 19
    2013£187,355 £2,166 19
    2012£189,167 £2,114 21
    2011£176,506 £2,162 9
    2010£170,219 £1,952 16
    2009£166,052 £1,720 19
    2008£187,769 £2,017 13
    2007£199,854 £2,172 24
    2006£178,564 £2,008 31
    2005£175,942 £1,924 26
    2004£168,673 £1,766 23
    2003£161,903 £1,610 31
    2002£142,294 £1,434 29
    2001£111,306 £1,223 31
    2000£99,212 £995 28
    1999£82,387 £784 31
    1998£76,911 £934 18
    1997£66,509 £642 33
    1996£64,026 £642 32
    1995£62,350 £692 29

    House Type in ME8 7EL area

    The most common house types in the ME8 7EL postcode area are Semi-detached (81), Terraced (19), and Flat (8).

    Total112
    Semi-detached81
    Terraced19
    Flat8
    Shared house3
    commercial building1
    Detached0
    converted 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 (50), and Owned: Owns outright (25).

    Owned: Owns with a mortgage or loan50
    Owned: Owns outright25
    Social rented: Rents from council or Local Authority22
    Private rented: Private landlord or letting agency10
    Social rented: Other social rented3
    Shared ownership: Shared ownership1
    Does not apply0
    Private rented: Other private rented0
    Lives rent free0

    Number of People in a Household

    The most houses in the ME8 7EL have 3 people in household (30), and 2 people in household (25).

    3 people in household30
    2 people in household25
    1 person in household23
    4 people in household22
    5 people in household5
    6 people in household2
    7 people in household1
    0 people in household0
    8 or more people in household0