Housing Market Analysis for DEVON CLOSE, ME8 7LG

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £285,000 median price is £285,000 Standard Deviation is £85,000 with Total Sold: 2
    • The Last 5 Year average price is £370,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 7 DEVON CLOSE: £370,000 (Sold on 17 Jul 2020)
    • The first recorded sale happened at this postcode is 7 DEVON CLOSE: £200,000 (Sold on 14 Oct 2005)
  • Semi-Detached
    • The average price is around £212,200 median price is £183,000 Standard Deviation is £75,550 with Total Sold: 5
    • The most recent sale happened at this postcode is 8 DEVON CLOSE: £355,000 (Sold on 19 Mar 2018)
    • The first recorded sale happened at this postcode is 6 DEVON CLOSE: £138,000 (Sold on 16 Aug 2002)
  • Terraced
    • The average price is around £115,167 median price is £136,500 Standard Deviation is £50,870 with Total Sold: 3
    • The most recent sale happened at this postcode is 18 DEVON CLOSE: £164,000 (Sold on 08 Nov 2013)
    • The first recorded sale happened at this postcode is 18 DEVON CLOSE: £45,000 (Sold on 26 Feb 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average ME8 7LG 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£370,000 £3,814 1
2005£200,000 £2,062 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£355,000 £4,671 1
2013£192,500 £2,591 2
2003£183,000 £2,507 1
2002£138,000 £1,890 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£164,000 £2,169 1
2011£136,500 £1,786 1
1996£45,000 £595 1

All the Sales in the DEVON CLOSE, ME8 7LG

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

AddressSold DatePrice% Change
7 DEVON CLOSEDetached, FreeholdArea: 97 Sq.mtrAge: 1950-196617 Jul 2020£370,00085.00%
14 Oct 2005£200,000First Sale
8 DEVON CLOSESemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1950-196619 Mar 2018£355,000108.82%
21 Jun 2013£170,000First Sale
18 DEVON CLOSETerraced, FreeholdArea: 75.62 Sq.mtrAge: 1950-196608 Nov 2013£164,000264.44%
26 Feb 1996£45,000First Sale
6 DEVON CLOSESemi-Detached, FreeholdArea: 73 Sq.mtrAge: 1950-196605 Aug 2013£215,00017.49%
28 Nov 2003£183,00032.61%
16 Aug 2002£138,000First Sale
16 DEVON CLOSETerraced, FreeholdArea: 76.43 Sq.mtrAge: 1950-196601 Aug 2011£136,500First Sale

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

DEVON CLOSE, ME8 7LG Near By properties

Interactive Map

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

  • Detached
    • The average price is around £288,366 median price is £270,000 Standard Deviation is £175,664 with Total Sold: 377
    • The Last 5 Year average price is £485,040 with Total Sold: 90
    • 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 £205,112 median price is £195,000 Standard Deviation is £101,963 with Total Sold: 1,153
    • The Last 5 Year average price is £337,629 with Total Sold: 253
    • 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 £140,092 median price is £131,000 Standard Deviation is £76,479 with Total Sold: 859
    • The Last 5 Year average price is £250,380 with Total Sold: 131
    • 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 , 235 STATION ROAD: £32,000 (Sold on 28 Feb 1995)
  • Flat
    • The average price is around £127,191 median price is £125,000 Standard Deviation is £56,926 with Total Sold: 441
    • The Last 5 Year average price is £178,343 with Total Sold: 86
    • 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 £2,414,669 median price is £240,000 Standard Deviation is £10,425,098 with Total Sold: 45
    • The Last 5 Year average price is £2,781,339 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£674,571 £29,377 7
2023£534,000 £4,423 3
2022£476,583 £5,617 6
2021£492,455 £4,317 39
2020£455,950 £3,907 21
2019£406,386 £4,088 14
2018£433,464 £3,540 11
2017£323,500 £3,459 10
2016£296,000 £3,363 10
2015£335,625 £3,209 12
2014£252,571 £2,580 7
2013£325,000 £2,531 25
2012£307,846 £2,616 26
2011£221,306 £2,533 7
2010£302,062 £2,452 8
2009£194,688 £2,155 8
2008£262,500 £2,458 8
2007£251,972 £2,921 18
2006£259,777 £2,866 9
2005£238,500 £2,245 6
2004£246,000 £4,055 7
2003£169,833 £1,859 6
2002£153,411 £1,528 17
2001£140,714 £1,534 7
2000£148,295 £1,299 32
1999£106,800 £1,136 10
1998£104,727 £1,197 11
1997£98,270 £971 22
1996£84,533 £780 6
1995£69,125 £800 4
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£354,357 £4,524 14
2023£356,172 £4,252 44
2022£369,238 £4,584 36
2021£336,680 £4,272 77
2020£312,833 £4,057 33
2019£311,169 £3,914 49
2018£317,397 £4,126 34
2017£305,292 £4,006 38
2016£261,111 £3,525 36
2015£251,539 £3,295 36
2014£208,971 £2,734 35
2013£199,082 £2,560 49
2012£193,712 £2,466 30
2011£187,597 £2,481 27
2010£193,133 £2,316 30
2009£181,992 £2,199 30
2008£202,300 £2,214 20
2007£203,670 £2,510 55
2006£185,395 £2,151 41
2005£179,194 £2,307 36
2004£172,286 £2,218 38
2003£157,573 £1,786 34
2002£144,053 £1,925 38
2001£115,210 £1,374 45
2000£96,774 £1,223 44
1999£80,973 £977 37
1998£86,836 £862 37
1997£74,115 £883 39
1996£65,416 £843 49
1995£61,932 £661 42
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£298,356 £3,375 16
2023£250,853 £3,608 17
2022£272,196 £3,708 23
2021£249,628 £3,393 29
2020£227,406 £3,218 17
2019£220,552 £2,948 29
2018£222,586 £2,883 29
2017£229,816 £3,041 31
2016£204,967 £3,134 21
2015£182,946 £2,544 21
2014£158,823 £2,125 31
2013£142,096 £1,982 27
2012£130,079 £1,833 17
2011£150,144 £1,880 22
2010£141,980 £1,874 25
2009£133,633 £1,793 15
2008£157,529 £2,349 17
2007£150,552 £2,113 38
2006£136,819 £1,947 47
2005£139,512 £1,916 34
2004£128,416 £1,657 43
2003£117,382 £1,522 30
2002£90,940 £1,283 50
2001£71,741 £1,078 39
2000£64,870 £929 35
1999£57,506 £854 32
1998£50,006 £681 42
1997£48,962 £639 31
1996£45,277 £593 28
1995£44,695 £687 23
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£171,500 £3,738 8
2023£194,556 £3,465 9
2022£216,071 £3,427 21
2021£165,382 £3,127 17
2020£144,500 £2,698 11
2019£163,800 £3,276 20
2018£170,477 £2,903 11
2017£165,250 £2,867 17
2016£159,545 £2,931 22
2015£137,982 £2,531 28
2014£111,118 £2,005 19
2013£120,500 £2,045 8
2012£120,556 £2,122 9
2011£120,500 £2,293 10
2010£120,300 £2,232 10
2009£111,642 £2,209 7
2008£117,600 £1,994 10
2007£143,209 £2,436 38
2006£122,219 £2,151 18
2005£131,767 £2,232 25
2004£135,148 £2,491 31
2003£87,587 £1,704 17
2002£53,499 £1,220 8
2001£66,816 £1,288 19
2000£48,333 £899 9
1999£39,818 £732 11
1998£42,731 £645 8
1997£32,945 £569 11
1996£27,125 £470 4
1995£34,399 £656 5
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£277,000 £2,856 6
2020£11,728,667 £2,417 6
2019£237,6676
2018£3,945,375 £215,493 4
2017£439,750 £10,513 6
2016£336,1252
2015£565,0001

House Type in ME8 7LG area

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