Housing Market Analysis for STATION ROAD, ME8 7QY

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £173,732 median price is £137,495 Standard Deviation is £89,990 with Total Sold: 17
- The Last 5 Year average price is £295,000 with Total Sold: 2
- The most recent sale happened at this postcode is 345 STATION ROAD: £320,000 (Sold on 11 Feb 2022)
- The first recorded sale happened at this postcode is 343 STATION ROAD: £86,500 (Sold on 19 Dec 1996)
Terraced
- The average price is around £106,656 median price is £75,000 Standard Deviation is £77,885 with Total Sold: 16
- The Last 5 Year average price is £267,500 with Total Sold: 2
- The most recent sale happened at this postcode is 332 STATION ROAD: £232,000 (Sold on 20 Aug 2015)
- The first recorded sale happened at this postcode is 316 STATION ROAD: £285,000 (Sold on 03 May 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average ME8 7QY 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£320,000	£2,406	1
2019	£270,000	£3,293	1
2017	£342,000	£3,420	1
2013	£248,750	£2,419	2
2008	£250,000		1
2005	£168,748	£1,880	2
2003	£199,950		1
2001	£130,000		2
2000	£93,000	£1,134	1
1998	£74,000	£902	1
1997	£74,333	£630	3
1996	£86,500		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2015	£232,000	£2,795	1
2010	£124,500	£2,223	1
2009	£118,500	£1,882	2
2004	£80,000	£1,270	1
2003	£105,000	£1,875	1
2000	£59,333	£914	3
1999	£50,250	£853	2
1998	£35,500		2
1997	£43,500		1
2024	£267,500	£4,464	2

All the Sales in the STATION ROAD, ME8 7QY

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

Address	Sold Date	Price	% Change
345 STATION ROADSemi-Detached, FreeholdArea: 133 Sq.mtrAge: 1930-1949	11 Feb 2022	£320,000	First Sale
341 STATION ROADSemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1930-1949	07 Jan 2019	£270,000	190.32%
	14 Apr 2000	£93,000	25.68%
	17 Apr 1998	£74,000	First Sale
354 STATION ROADSemi-Detached, FreeholdArea: 100 Sq.mtrAge: 1950-1966	21 Jul 2017	£342,000	442.86%
	10 Feb 1997	£63,000	First Sale
332 STATION ROADTerraced, FreeholdArea: 83 Sq.mtrAge: 1950-1966	20 Aug 2015	£232,000	First Sale
358 STATION ROADSemi-Detached, FreeholdArea: 93 Sq.mtrAge: 1950-1966	06 Dec 2013	£225,000	First Sale
343 STATION ROADSemi-Detached, Freehold	09 Sep 2013	£272,500	9.00%
	01 Aug 2008	£250,000	83.82%
	01 Aug 2001	£136,000	57.23%
	19 Dec 1996	£86,500	First Sale
328 STATION ROADTerraced, FreeholdArea: 56 Sq.mtrAge: before 1900	09 Jul 2010	£124,500	18.57%
	04 Apr 2003	£105,000	89.19%
	17 Dec 1999	£55,500	-77.80%
	18 Mar 2024	£250,000	First Sale
322 STATION ROADTerraced, FreeholdArea: 62.908 Sq.mtrAge: before 1900	14 Aug 2009	£110,000	83.33%
	27 Jul 2000	£60,000	33.33%
	16 Dec 1999	£45,000	First Sale
318 STATION ROADTerraced, FreeholdArea: 63 Sq.mtrAge: 1900-1929	13 Jul 2009	£127,000	58.75%
	26 Mar 2004	£80,000	First Sale
314A STATION ROADSemi-Detached, Freehold	28 Oct 2005	£200,000	61.29%
	27 Jul 2001	£124,000	55.00%
	25 Jul 1997	£80,000	First Sale
347 STATION ROADSemi-Detached, FreeholdArea: 73.14 Sq.mtrAge: 1950-1966	25 Feb 2005	£137,495	First Sale
314B STATION ROADSemi-Detached, Freehold	11 Aug 2003	£199,950	First Sale
316 STATION ROADTerraced, FreeholdArea: 80 Sq.mtrAge: 1900-1929	20 Dec 2000	£70,000	-75.44%
	03 May 2024	£285,000	First Sale
330 STATION ROADTerraced, Freehold	18 Apr 2000	£48,000	20.00%
330 STATION ROADTerraced, Freehold	10 Mar 1998	£40,000	First Sale
320 STATION ROADTerraced, Freehold	28 Aug 1998	£31,000	First Sale
360 STATION ROADSemi-Detached, Freehold	11 Dec 1997	£80,000	First Sale
324 STATION ROADTerraced, Freehold	21 Nov 1997	£43,500	First Sale

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

STATION ROAD, ME8 7QY Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £199,950 median price is £189,498 Standard Deviation is £106,699 with Total Sold: 928
- The Last 5 Year average price is £338,716 with Total Sold: 212
- 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 , 12 BURRSTOCK WAY: £37,950 (Sold on 11 Jan 1995)
Terraced
- The average price is around £145,739 median price is £138,000 Standard Deviation is £80,515 with Total Sold: 1,256
- The Last 5 Year average price is £271,931 with Total Sold: 187
- The most recent sale happened at this postcode is 4, CEMENT COTTAGES STATION ROAD: £237,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 18 TEN ACRE WAY: £61,950 (Sold on 06 Jan 1995)
Detached
- The average price is around £221,133 median price is £183,000 Standard Deviation is £148,687 with Total Sold: 471
- The Last 5 Year average price is £485,746 with Total Sold: 57
- The most recent sale happened at this postcode is , 67 PARKFIELD ROAD: £400,000 (Sold on 07 Jun 2024)
- The first recorded sale happened at this postcode is , 26 BURRSTOCK WAY: £79,950 (Sold on 12 Jan 1995)
Flat
- The average price is around £89,811 median price is £85,500 Standard Deviation is £40,680 with Total Sold: 106
- The Last 5 Year average price is £136,250 with Total Sold: 14
- The most recent sale happened at this postcode is 4, FORGE COURT STATION ROAD: £150,000 (Sold on 13 Oct 2023)
- The first recorded sale happened at this postcode is 34, MERSHAM COURT WAKELEY ROAD: £27,500 (Sold on 05 Jan 1996)
Other
- The average price is around £637,314 median price is £490,000 Standard Deviation is £530,180 with Total Sold: 11
- The Last 5 Year average price is £680,833 with Total Sold: 6
- The most recent sale happened at this postcode is , 13 BANKY FIELDS CLOSE: £265,000 (Sold on 15 Mar 2021)
- The first recorded sale happened at this postcode is 6, COPPER HOUSE FARM STATION ROAD: £135,000 (Sold on 14 Sep 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£349,911	£4,253	19
2023	£354,033	£4,720	30
2022	£352,322	£4,405	25
2021	£346,107	£3,969	65
2020	£325,963	£3,867	41
2019	£308,406	£4,037	32
2018	£314,280	£4,110	25
2017	£290,597	£3,825	29
2016	£261,518	£3,540	25
2015	£250,660	£3,183	25
2014	£220,500	£2,848	22
2013	£200,348	£2,734	23
2012	£204,700	£2,728	25
2011	£192,214	£2,448	21
2010	£191,725	£2,139	20
2009	£179,379	£2,327	17
2008	£178,964	£2,481	14
2007	£208,329	£2,474	44
2006	£185,269	£2,321	38
2005	£183,205	£2,713	28
2004	£162,725	£2,225	26
2003	£148,724	£1,664	30
2002	£134,044	£1,888	33
2001	£107,378	£1,391	56
2000	£95,291	£1,356	38
1999	£76,987	£1,008	36
1998	£77,083	£927	38
1997	£70,469	£915	34
1996	£68,808	£927	38
1995	£59,899	£734	31

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£305,810	£4,577	21
2023	£287,365	£4,037	26
2022	£298,167	£3,972	24
2021	£267,356	£3,626	57
2020	£256,731	£3,375	27
2019	£238,454	£3,198	32
2018	£240,662	£3,286	34
2017	£231,814	£3,247	39
2016	£230,600	£3,212	34
2015	£191,094	£2,727	38
2014	£169,012	£2,496	38
2013	£154,768	£2,039	34
2012	£147,857	£2,005	28
2011	£148,125	£1,904	12
2010	£145,680	£2,076	32
2009	£137,521	£2,049	24
2008	£167,233	£2,155	30
2007	£164,774	£2,246	62
2006	£152,565	£2,055	58
2005	£149,923	£2,130	36
2004	£134,029	£1,936	50
2003	£122,208	£1,856	44
2002	£110,220	£1,533	61
2001	£83,669	£1,149	62
2000	£73,690	£1,059	57
1999	£69,244	£1,025	52
1998	£56,980	£841	57
1997	£55,062	£860	69
1996	£51,998	£739	74
1995	£48,705	£790	44

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£352,500		2
2023	£455,667	£3,994	6
2022	£557,500	£4,778	2
2021	£480,109	£4,259	32
2020	£467,929	£3,809	7
2019	£561,812	£4,892	8
2018	£428,125	£3,830	16
2017	£368,125	£3,860	4
2016	£356,071	£4,082	7
2015	£373,231	£3,488	13
2014	£289,688	£2,770	8
2013	£266,375	£3,010	8
2012	£239,125	£2,187	8
2011	£248,056	£2,998	9
2010	£239,999	£2,589	6
2009	£247,556	£2,193	9
2008	£272,571	£2,925	7
2007	£268,433	£2,952	15
2006	£249,749	£2,734	12
2005	£249,882	£2,698	17
2004	£259,950	£2,695	10
2003	£209,529	£2,465	17
2002	£185,316	£1,969	22
2001	£153,203	£1,748	17
2000	£152,077	£1,421	32
1999	£127,419	£1,202	31
1998	£115,256	£1,100	25
1997	£94,572	£1,114	31
1996	£86,529	£901	54
1995	£89,239	£891	36

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£153,333	£2,905	3
2022	£164,250	£3,053	2
2021	£127,500	£2,775	2
2020	£124,667	£2,504	3
2019	£122,500	£2,680	4
2018	£119,333	£2,616	3
2017	£129,250	£2,452	4
2016	£97,067	£2,187	3
2015	£123,625	£2,265	8
2014	£102,000	£1,849	9
2013	£93,500	£2,078	2
2012	£93,333	£1,663	3
2011	£103,500	£1,816	1
2010	£78,750	£1,714	6
2009	£40,000	£1,000	1
2008	£84,900	£1,861	5
2007	£121,749	£2,360	6
2006	£74,667	£1,851	3
2005	£93,167	£1,944	3
2004	£73,498	£1,781	2
2003	£77,333	£1,514	6
2002	£55,388	£1,151	9
2001	£50,400	£1,091	5
2000	£33,875	£663	2
1999	£39,000	£652	4
1998	£35,250	£762	2
1997	£28,498	£750	2
1996	£28,332	£608	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£867,500	£8,421	2
2020	£316,667	£4,869	3
2019	£1,400,000	£12,963	1
2018	£404,625	£7,407	2
2017	£990,600	£8,240	2
2016	£135,000	£1,552	1

House Type in ME8 7QY area

The most common house types in the ME8 7QY postcode area are Semi-detached (58), Terraced (50), and Detached (8).

Total	126
Semi-detached	58
Terraced	50
Detached	8
Flat	5
Shared house	5
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (45), and Owned: Owns with a mortgage or loan (34).

Owned: Owns outright	45
Owned: Owns with a mortgage or loan	34
Private rented: Private landlord or letting agency	25
Social rented: Other social rented	15
Private rented: Other private rented	3
Shared ownership: Shared ownership	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the ME8 7QY have 2 people in household (49), and 1 person in household (43).

2 people in household	49
1 person in household	43
3 people in household	16
4 people in household	12
5 people in household	1
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0