Housing Market Analysis for ME8 7LR

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    ME8 7LR Near By properties

    Interactive Map

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

    • Detached
      • The average price is around £280,276 median price is £250,000 Standard Deviation is £167,069 with Total Sold: 487
      • The Last 5 Year average price is £496,378 with Total Sold: 81
      • 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)
    • Flat
      • The average price is around £138,050 median price is £138,500 Standard Deviation is £59,068 with Total Sold: 164
      • The Last 5 Year average price is £193,736 with Total Sold: 36
      • 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 £2,496,393 median price is £251,500 Standard Deviation is £11,417,368 with Total Sold: 36
      • The Last 5 Year average price is £3,652,317 with Total Sold: 24
      • 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 , 89 - 93 HIGH STREET: £670,000 (Sold on 02 Jun 2016)
    • Terraced
      • The average price is around £150,570 median price is £140,000 Standard Deviation is £81,218 with Total Sold: 626
      • The Last 5 Year average price is £271,877 with Total Sold: 87
      • The most recent sale happened at this postcode is , 14A ORCHARD STREET: £340,000 (Sold on 08 Aug 2024)
      • The first recorded sale happened at this postcode is , 39 ROBERTS ROAD: £30,000 (Sold on 27 Jan 1995)
    • Semi-Detached
      • The average price is around £198,594 median price is £185,500 Standard Deviation is £100,440 with Total Sold: 994
      • The Last 5 Year average price is £337,879 with Total Sold: 159
      • The most recent sale happened at this postcode is , 38 THAMES AVENUE: £250,000 (Sold on 19 Jul 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£750,333 £29,377 6
    2023£518,500 £3,742 6
    2022£495,222 £5,255 9
    2021£518,504 £4,179 26
    2020£439,706 £3,788 17
    2019£422,382 £3,963 17
    2018£457,673 £3,437 15
    2017£342,917 £3,438 12
    2016£336,538 £3,206 13
    2015£350,000 £3,090 18
    2014£272,032 £2,713 14
    2013£322,121 £2,471 37
    2012£308,828 £2,434 32
    2011£261,808 £2,174 13
    2010£304,833 £2,704 12
    2009£229,750 £2,370 10
    2008£279,375 £2,549 12
    2007£258,274 £2,664 20
    2006£281,656 £2,603 16
    2005£257,625 £2,261 8
    2004£237,167 £2,514 9
    2003£211,000 £1,648 13
    2002£170,521 £1,646 24
    2001£160,692 £1,525 13
    2000£151,756 £1,256 35
    1999£126,696 £1,092 15
    1998£109,300 £1,138 15
    1997£95,998 £942 25
    1996£96,280 £809 15
    1995£82,450 £674 10
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£175,000 £3,558 3
    2023£201,600 £3,475 5
    2022£234,464 £3,243 14
    2021£151,400 £2,561 5
    2020£129,500 £1,949 2
    2019£163,286 £2,761 7
    2018£164,450 £2,587 5
    2017£177,604 £2,833 12
    2016£186,929 £2,881 7
    2015£143,429 £2,251 7
    2014£115,449 £1,834 5
    2013£127,000 £2,147 2
    2012£100,000 £1,562 1
    2011£113,875 £1,904 4
    2010£113,167 £1,977 3
    2008£130,000 £1,843 2
    2007£144,423 £2,363 33
    2006£121,749 £2,032 4
    2005£101,600 £1,664 5
    2004£111,998 £1,893 6
    2003£83,998 £1,327 6
    2001£81,667 £1,521 9
    2000£49,000 £794 2
    1999£41,333 £658 6
    1998£57,833 £732 3
    1997£37,874 £658 4
    1996£40,0001
    1995£30,500 £475 1
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£340,7001
    2023£300,700 £3,712 5
    2022£2,727,181 £6,122 5
    2021£397,099 £2,893 5
    2020£13,992,000 £2,417 5
    2019£76,6673
    2018£13,266 £52 3
    2017£214,643 £2,226 7
    2016£336,1252
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£311,725 £3,556 12
    2023£298,154 £3,779 13
    2022£272,542 £3,472 12
    2021£267,819 £3,794 21
    2020£262,536 £3,231 11
    2019£236,333 £3,061 18
    2018£236,000 £3,014 23
    2017£236,562 £3,157 25
    2016£207,475 £3,244 20
    2015£199,890 £2,553 15
    2014£169,537 £2,095 27
    2013£150,914 £2,043 22
    2012£147,215 £1,943 11
    2011£160,981 £1,954 18
    2010£150,550 £2,064 20
    2009£137,143 £1,706 14
    2008£175,357 £2,175 7
    2007£172,625 £2,274 24
    2006£143,447 £1,947 38
    2005£153,947 £1,805 21
    2004£136,773 £1,745 26
    2003£136,143 £1,635 24
    2002£105,684 £1,282 34
    2001£76,665 £1,086 30
    2000£71,229 £886 29
    1999£64,656 £934 16
    1998£51,792 £661 28
    1997£51,904 £682 25
    1996£49,467 £586 23
    1995£53,237 £649 19
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£323,091 £4,168 11
    2023£370,873 £4,156 31
    2022£369,500 £4,396 28
    2021£336,344 £3,835 31
    2020£312,380 £3,601 25
    2019£305,742 £3,449 33
    2018£309,558 £3,602 38
    2017£314,860 £3,684 35
    2016£269,176 £3,224 34
    2015£259,570 £2,917 34
    2014£218,900 £2,548 35
    2013£198,842 £2,307 38
    2012£195,162 £2,140 33
    2011£193,113 £2,183 28
    2010£185,860 £2,207 25
    2009£182,250 £2,038 31
    2008£197,019 £2,094 26
    2007£213,548 £2,427 35
    2006£189,545 £2,021 38
    2005£175,049 £2,005 41
    2004£177,937 £2,033 32
    2003£161,118 £1,625 38
    2002£145,874 £1,520 35
    2001£112,390 £1,201 41
    2000£101,248 £1,095 32
    1999£86,716 £849 37
    1998£85,127 £825 27
    1997£74,043 £681 40
    1996£66,176 £683 46
    1995£63,865 £664 36

    House Type in ME8 7LR area

    The most common house types in the ME8 7LR postcode area are Semi-detached (101), Detached (65), and Terraced (0).

    Total166
    Semi-detached101
    Detached65
    Terraced0
    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 (80), and Owned: Owns with a mortgage or loan (76).

    Owned: Owns outright80
    Owned: Owns with a mortgage or loan76
    Private rented: Private landlord or letting agency6
    Social rented: Rents from council or Local Authority2
    Social rented: Other social rented1
    Private rented: Other private rented1
    Does not apply0
    Shared ownership: Shared ownership0
    Lives rent free0

    Number of People in a Household

    The most houses in the ME8 7LR have 2 people in household (61), and 1 person in household (36).

    2 people in household61
    1 person in household36
    4 people in household36
    3 people in household29
    5 people in household3
    0 people in household0
    6 people in household0
    7 people in household0
    8 or more people in household0