Housing Market Analysis for LONDON ROAD, ME8 7RH

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £172,500 median price is £152,000 Standard Deviation is £99,052 with Total Sold: 8
    • The Last 5 Year average price is £385,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 55 LONDON ROAD: £385,000 (Sold on 25 Oct 2019)
    • The first recorded sale happened at this postcode is 55 LONDON ROAD: £67,000 (Sold on 11 Jan 1997)
  • Detached
    • The average price is around £430,000 median price is £430,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 67 LONDON ROAD: £430,000 (Sold on 06 Oct 2010)
    • The first recorded sale happened at this postcode is 67 LONDON ROAD: £430,000 (Sold on 06 Oct 2010)

Sold Price Trend Over the Years:

Below table and chart gives the average ME8 7RH 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£385,000 £2,962 1
2014£250,000 £1,923 1
2003£194,000 £1,492 1
2002£177,000 £1,362 1
2001£127,0001
1999£94,0001
1997£76,500 £515 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2010£430,000 £2,462 1

All the Sales in the LONDON ROAD, ME8 7RH

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

AddressSold DatePrice% Change
55 LONDON ROADSemi-Detached, FreeholdArea: 130 Sq.mtrAge: 1930-194925 Oct 2019£385,00054.00%
20 Jun 2014£250,00028.87%
04 Apr 2003£194,0009.60%
19 Jul 2002£177,000164.18%
11 Jan 1997£67,000First Sale
67 LONDON ROADDetached, FreeholdArea: 174.64 Sq.mtrAge: 1900-192906 Oct 2010£430,000First Sale
59 LONDON ROADSemi-Detached, Freehold14 Dec 2001£127,000First Sale
53 LONDON ROADSemi-Detached, Freehold11 Jun 1999£94,0009.30%
15 Sep 1997£86,000First Sale

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

LONDON ROAD, ME8 7RH Near By properties

Interactive Map

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

  • Detached
    • The average price is around £288,358 median price is £275,000 Standard Deviation is £150,196 with Total Sold: 419
    • The Last 5 Year average price is £514,873 with Total Sold: 62
    • 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)
  • Other
    • The average price is around £305,191 median price is £310,000 Standard Deviation is £215,520 with Total Sold: 17
    • The Last 5 Year average price is £401,520 with Total Sold: 10
    • 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 , 28 QUINNELL STREET: £2,250 (Sold on 23 Aug 2016)
  • Terraced
    • The average price is around £158,912 median price is £151,000 Standard Deviation is £82,889 with Total Sold: 462
    • The Last 5 Year average price is £276,949 with Total Sold: 75
    • 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)
  • Semi-Detached
    • The average price is around £187,440 median price is £180,000 Standard Deviation is £98,053 with Total Sold: 800
    • The Last 5 Year average price is £329,396 with Total Sold: 118
    • 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)
  • Flat
    • The average price is around £137,228 median price is £98,750 Standard Deviation is £86,187 with Total Sold: 30
    • The Last 5 Year average price is £193,923 with Total Sold: 13
    • The most recent sale happened at this postcode is FLAT 8, COZENTON HOUSE BIRLING AVENUE: £210,000 (Sold on 16 Jan 2024)
    • The first recorded sale happened at this postcode is 1, CHARLECOTE COURT DERWENT WAY: £12,500 (Sold on 31 Jan 1997)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£520,0001
2023£543,000 £4,192 8
2022£542,812 £4,821 8
2021£537,155 £3,971 20
2020£530,636 £3,684 11
2019£438,250 £3,830 14
2018£462,175 £3,528 12
2017£381,950 £3,151 10
2016£348,375 £3,045 8
2015£357,812 £2,955 16
2014£299,686 £2,767 14
2013£336,569 £2,511 36
2012£315,629 £2,431 31
2011£256,846 £2,153 13
2010£313,778 £2,946 9
2009£241,722 £2,157 9
2008£305,389 £2,559 9
2007£278,388 £2,514 18
2006£317,730 £2,514 13
2005£254,571 £2,268 7
2004£265,749 £2,345 8
2003£235,731 £1,781 13
2002£205,222 £1,665 18
2001£175,423 £1,372 13
2000£149,853 £1,016 17
1999£134,614 £1,108 17
1998£122,733 £1,071 15
1997£103,363 £849 22
1996£103,500 £836 19
1995£83,300 £653 10
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£340,7001
2023£455,000 £3,370 2
2022£304,667 £3,976 3
2021£528,499 £3,080 3
2020£265,0001
2018£5,798 £52 1
2017£233,000 £1,728 5
2016£2,2501
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£312,500 £3,339 6
2023£314,182 £3,716 11
2022£308,636 £3,771 11
2021£281,610 £3,683 20
2020£237,423 £3,170 13
2019£237,607 £3,066 14
2018£248,250 £3,097 24
2017£214,750 £2,778 18
2016£213,618 £3,380 17
2015£202,704 £2,484 14
2014£162,405 £2,093 21
2013£151,895 £1,969 10
2012£151,170 £1,985 10
2011£173,317 £1,929 11
2010£142,750 £2,147 16
2009£133,917 £1,609 12
2008£158,880 £1,939 5
2007£167,944 £2,168 18
2006£150,692 £2,080 26
2005£146,732 £1,777 17
2004£141,461 £1,737 13
2003£139,233 £1,704 15
2002£114,799 £1,310 24
2001£79,723 £1,033 19
2000£76,821 £903 16
1999£73,545 £979 11
1998£61,120 £757 14
1997£51,202 £668 18
1996£49,776 £626 19
1995£48,750 £631 19
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£335,333 £3,759 6
2023£372,122 £3,955 21
2022£362,778 £4,269 18
2021£329,731 £3,799 31
2020£292,882 £3,418 17
2019£292,460 £3,231 25
2018£294,233 £3,430 33
2017£302,193 £3,569 29
2016£255,140 £3,106 25
2015£242,996 £2,734 27
2014£212,566 £2,446 30
2013£192,222 £2,313 27
2012£183,479 £2,068 24
2011£179,893 £2,196 17
2010£179,917 £2,079 18
2009£173,481 £1,964 26
2008£183,812 £2,011 16
2007£199,954 £2,446 29
2006£183,586 £2,014 34
2005£179,365 £1,949 37
2004£168,919 £1,886 25
2003£160,935 £1,549 31
2002£139,501 £1,481 33
2001£109,750 £1,217 28
2000£98,803 £1,051 26
1999£82,662 £829 37
1998£85,185 £858 24
1997£67,094 £658 36
1996£59,928 £625 35
1995£62,897 £647 35
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£210,000 £3,443 1
2023£155,000 £3,140 2
2022£261,750 £1,150 6
2021£125,250 £1,896 2
2020£90,000 £1,216 1
2019£90,000 £1,286 1
2018£92,625 £1,518 2
2017£151,917 £2,296 3
2014£50,750 £832 1
2010£101,750 £1,629 2
2008£136,5001
2007£137,000 £2,404 1
2004£92,400 £1,743 1
2003£89,995 £1,323 1
1999£49,700 £920 1
1998£68,750 £904 2
1997£28,750 £509 2

House Type in ME8 7RH area

The most common house types in the ME8 7RH postcode area are Detached (90), Semi-detached (29), and Terraced (4).

Total131
Detached90
Semi-detached29
Terraced4
Shared house4
Flat2
commercial building1
temporary structure1
converted building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (62), and Owned: Owns with a mortgage or loan (52).

Owned: Owns outright62
Owned: Owns with a mortgage or loan52
Private rented: Private landlord or letting agency13
Social rented: Other social rented2
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the ME8 7RH have 2 people in household (37), and 1 person in household (31).

2 people in household37
1 person in household31
3 people in household29
4 people in household22
5 people in household6
6 people in household3
7 people in household1
0 people in household0
8 or more people in household0