Housing Market Analysis for ME8 7HZ

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    ME8 7HZ Near By properties

    Interactive Map

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

    • Detached
      • The average price is around £279,891 median price is £250,000 Standard Deviation is £169,377 with Total Sold: 456
      • The Last 5 Year average price is £495,709 with Total Sold: 77
      • 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 , 4 THAMES AVENUE: £67,000 (Sold on 24 Apr 1995)
    • Semi-Detached
      • The average price is around £199,486 median price is £187,500 Standard Deviation is £102,669 with Total Sold: 965
      • The Last 5 Year average price is £342,759 with Total Sold: 158
      • The most recent sale happened at this postcode is , 110 PARKFIELD ROAD: £450,000 (Sold on 09 Sep 2024)
      • The first recorded sale happened at this postcode is , 24 IVY STREET: £29,000 (Sold on 06 Jan 1995)
    • Terraced
      • The average price is around £141,035 median price is £134,000 Standard Deviation is £75,131 with Total Sold: 897
      • The Last 5 Year average price is £250,776 with Total Sold: 121
      • The most recent sale happened at this postcode is , 31 HOTHFIELD ROAD: £220,000 (Sold on 06 Sep 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 £136,522 median price is £140,000 Standard Deviation is £55,851 with Total Sold: 376
      • The Last 5 Year average price is £188,880 with Total Sold: 75
      • The most recent sale happened at this postcode is , 40 MAPLINS CLOSE: £100,000 (Sold on 22 Aug 2024)
      • The first recorded sale happened at this postcode is , 40 MAPLINS CLOSE: £30,500 (Sold on 04 Jan 1995)
    • Other
      • The average price is around £2,103,263 median price is £238,000 Standard Deviation is £10,361,095 with Total Sold: 44
      • The Last 5 Year average price is £2,778,636 with Total Sold: 32
      • 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 , 113 STATION ROAD: £565,000 (Sold on 28 May 2015)

    Sold Price Trend Over the Years:

    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£700,286 £29,377 7
    2023£510,857 £3,724 7
    2022£484,625 £5,460 8
    2021£538,910 £4,331 21
    2020£434,882 £3,879 17
    2019£417,912 £4,028 17
    2018£446,569 £3,378 16
    2017£341,781 £3,547 16
    2016£335,250 £3,177 12
    2015£367,167 £3,238 15
    2014£261,321 £2,708 14
    2013£328,484 £2,526 31
    2012£300,603 £2,471 29
    2011£253,682 £2,220 11
    2010£312,545 £2,704 11
    2009£220,278 £2,326 9
    2008£257,222 £2,550 9
    2007£250,305 £2,715 18
    2006£284,928 £2,677 14
    2005£269,143 £2,286 7
    2004£260,188 £4,028 8
    2003£214,416 £1,745 12
    2002£169,188 £1,714 24
    2001£159,392 £1,575 14
    2000£152,013 £1,256 35
    1999£130,150 £1,161 13
    1998£109,154 £1,235 13
    1997£98,498 £942 24
    1996£91,907 £773 14
    1995£82,450 £674 10
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£333,66712
    2023£372,554 £4,097 29
    2022£372,521 £4,472 26
    2021£351,584 £3,984 34
    2020£315,120 £3,717 25
    2019£307,203 £3,634 32
    2018£325,719 £3,811 32
    2017£309,219 £3,818 37
    2016£277,963 £3,490 27
    2015£268,263 £3,002 30
    2014£227,446 £2,660 28
    2013£205,900 £2,422 40
    2012£197,291 £2,196 27
    2011£194,771 £2,283 26
    2010£194,152 £2,258 23
    2009£186,491 £2,144 29
    2008£208,795 £2,254 22
    2007£214,781 £2,456 44
    2006£188,714 £2,139 39
    2005£180,850 £2,198 30
    2004£174,932 £1,993 37
    2003£163,544 £1,736 34
    2002£145,688 £1,559 35
    2001£115,648 £1,264 37
    2000£97,638 £1,102 39
    1999£85,973 £860 38
    1998£83,071 £808 27
    1997£74,351 £750 38
    1996£66,415 £766 52
    1995£61,816 £659 36
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£294,012 £3,525 16
    2023£260,367 £3,631 15
    2022£262,794 £3,434 17
    2021£249,982 £3,565 26
    2020£242,563 £2,948 19
    2019£219,946 £3,019 28
    2018£230,258 £2,902 31
    2017£229,433 £2,964 33
    2016£205,804 £2,926 29
    2015£183,937 £2,473 19
    2014£169,803 £2,138 33
    2013£145,152 £1,915 32
    2012£139,876 £1,869 21
    2011£153,181 £1,913 23
    2010£141,460 £1,840 25
    2009£135,699 £1,720 21
    2008£151,964 £2,313 14
    2007£157,022 £2,094 42
    2006£138,625 £1,987 48
    2005£141,440 £1,912 35
    2004£129,369 £1,737 39
    2003£121,998 £1,608 33
    2002£97,509 £1,309 54
    2001£76,454 £1,056 46
    2000£68,791 £910 43
    1999£55,657 £842 29
    1998£50,644 £657 43
    1997£50,798 £622 33
    1996£44,690 £563 25
    1995£46,920 £693 25
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£192,143 £3,738 7
    2023£198,429 £3,664 7
    2022£223,553 £3,573 19
    2021£174,933 £3,260 15
    2020£158,500 £2,742 7
    2019£172,550 £3,323 20
    2018£184,525 £2,933 10
    2017£176,150 £3,069 15
    2016£174,500 £3,027 18
    2015£146,475 £2,677 20
    2014£112,770 £2,111 12
    2013£124,833 £2,109 9
    2012£132,143 £2,301 7
    2011£127,222 £2,444 9
    2010£135,062 £2,443 8
    2009£123,582 £2,411 6
    2008£141,929 £2,161 7
    2007£146,134 £2,425 37
    2006£132,675 £2,357 14
    2005£141,461 £2,325 21
    2004£138,559 £2,530 31
    2003£90,922 £1,781 13
    2002£87,699 £1,414 5
    2001£75,633 £1,375 15
    2000£50,167 £981 6
    1999£46,178 £830 14
    1998£51,083 £725 6
    1997£34,937 £648 8
    1996£38,000 £592 4
    1995£45,833 £754 6
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£340,7001
    2023£207,643 £2,741 7
    2022£2,291,440 £6,122 6
    2021£307,928 £2,856 7
    2020£11,728,667 £2,417 6
    2019£169,2005
    2018£160,5003
    2017£318,083 £5,727 6
    2016£336,1252
    2015£565,0001

    House Type in ME8 7HZ area

    The most common house types in the ME8 7HZ postcode area are Semi-detached (83), Terraced (31), and Flat (23).

    Total156
    Semi-detached83
    Terraced31
    Flat23
    Detached16
    commercial building2
    temporary structure1
    Shared house0
    converted building0

    Tenure of household

    As per the tenure of household, most of the the properties are Owned: Owns outright (59), and Owned: Owns with a mortgage or loan (49).

    Owned: Owns outright59
    Owned: Owns with a mortgage or loan49
    Private rented: Private landlord or letting agency15
    Shared ownership: Shared ownership11
    Social rented: Rents from council or Local Authority8
    Social rented: Other social rented8
    Private rented: Other private rented5
    Does not apply0
    Lives rent free0

    Number of People in a Household

    The most houses in the ME8 7HZ have 2 people in household (56), and 1 person in household (36).

    2 people in household56
    1 person in household36
    3 people in household34
    4 people in household19
    5 people in household5
    6 people in household3
    8 or more people in household1
    0 people in household0
    7 people in household0