Housing Market Analysis for ME8 7RU

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    ME8 7RU Near By properties

    Interactive Map

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

    • Detached
      • The average price is around £244,699 median price is £222,000 Standard Deviation is £164,864 with Total Sold: 326
      • The Last 5 Year average price is £468,992 with Total Sold: 52
      • The most recent sale happened at this postcode is , 35 HURST PLACE: £520,000 (Sold on 13 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 £198,629 median price is £190,000 Standard Deviation is £98,705 with Total Sold: 1,052
      • The Last 5 Year average price is £333,953 with Total Sold: 181
      • 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 £142,306 median price is £134,000 Standard Deviation is £77,180 with Total Sold: 974
      • The Last 5 Year average price is £253,066 with Total Sold: 150
      • 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 £124,614 median price is £121,500 Standard Deviation is £56,861 with Total Sold: 500
      • The Last 5 Year average price is £178,910 with Total Sold: 94
      • 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 £1,998,619 median price is £235,000 Standard Deviation is £10,033,325 with Total Sold: 47
      • 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£728,667 £17,298 6
    2023£465,000 £3,633 1
    2022£451,583 £5,807 6
    2021£477,006 £4,605 16
    2020£405,542 £3,825 12
    2019£394,773 £4,086 11
    2018£396,250 £3,489 8
    2017£324,636 £3,739 11
    2016£296,000 £3,363 10
    2015£354,000 £3,313 10
    2014£252,100 £2,607 10
    2013£237,444 £2,723 9
    2012£236,600 £2,482 10
    2011£222,000 £2,862 7
    2010£296,272 £2,501 9
    2009£188,438 £2,200 8
    2008£234,286 £2,458 7
    2007£249,436 £2,935 19
    2006£256,307 £2,809 13
    2005£237,200 £2,245 5
    2004£246,000 £4,055 7
    2003£180,999 £1,813 9
    2002£160,204 £1,713 22
    2001£140,000 £1,454 8
    2000£142,822 £1,302 34
    1999£108,650 £1,176 10
    1998£104,409 £1,155 11
    1997£96,478 £971 25
    1996£85,525 £818 8
    1995£77,875 £780 4
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£348,867 £4,524 15
    2023£357,274 £4,195 31
    2022£358,698 £4,465 28
    2021£340,116 £4,253 42
    2020£307,100 £3,999 30
    2019£302,729 £3,652 35
    2018£313,824 £3,999 37
    2017£302,161 £3,902 38
    2016£264,151 £3,422 33
    2015£255,729 £3,224 30
    2014£209,954 £2,678 33
    2013£204,693 £2,499 44
    2012£199,544 £2,331 31
    2011£200,866 £2,443 30
    2010£193,375 £2,181 32
    2009£183,866 £2,193 28
    2008£208,432 £2,220 22
    2007£203,182 £2,390 57
    2006£182,613 £2,122 43
    2005£182,323 £2,343 34
    2004£173,512 £2,103 41
    2003£156,105 £1,701 33
    2002£142,158 £1,737 34
    2001£115,917 £1,362 43
    2000£92,802 £1,176 41
    1999£79,924 £907 33
    1998£87,272 £858 31
    1997£70,620 £802 41
    1996£65,468 £762 43
    1995£61,203 £665 39
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£293,044 £3,375 16
    2023£262,750 £3,668 20
    2022£269,481 £3,578 26
    2021£247,662 £3,326 31
    2020£241,482 £3,059 22
    2019£229,129 £2,985 35
    2018£226,191 £2,815 34
    2017£230,351 £2,932 35
    2016£205,952 £3,010 25
    2015£182,557 £2,466 24
    2014£168,808 £2,105 39
    2013£143,802 £1,936 31
    2012£134,170 £1,834 20
    2011£150,127 £1,859 25
    2010£140,828 £1,799 29
    2009£133,651 £1,702 21
    2008£153,156 £2,267 16
    2007£153,054 £2,087 45
    2006£139,520 £1,959 50
    2005£143,677 £1,918 39
    2004£127,588 £1,666 44
    2003£118,155 £1,513 32
    2002£91,877 £1,295 53
    2001£73,356 £1,022 46
    2000£66,795 £901 42
    1999£57,016 £829 34
    1998£50,807 £666 48
    1997£49,370 £622 36
    1996£43,689 £540 33
    1995£45,087 £683 23
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£175,778 £3,738 9
    2023£194,556 £3,465 9
    2022£216,071 £3,427 21
    2021£168,700 £3,118 20
    2020£147,077 £2,798 13
    2019£166,409 £3,250 22
    2018£168,096 £2,897 13
    2017£167,329 £2,911 19
    2016£160,869 £2,905 23
    2015£137,190 £2,538 29
    2014£109,440 £2,014 21
    2013£117,538 £2,072 13
    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£114,307 £1,996 13
    2007£142,852 £2,423 41
    2006£123,155 £2,148 19
    2005£131,795 £2,219 26
    2004£133,152 £2,424 35
    2003£87,587 £1,704 17
    2002£66,541 £1,289 12
    2001£67,565 £1,267 23
    2000£48,333 £899 9
    1999£44,562 £815 16
    1998£43,600 £710 11
    1997£34,030 £605 13
    1996£35,400 £600 5
    1995£40,625 £740 12
    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£176,3005
    2017£439,750 £10,513 6
    2016£282,417 £3,646 3
    2015£565,0001

    House Type in ME8 7RU area

    The most common house types in the ME8 7RU postcode area are Flat (60), Terraced (47), and Detached (18).

    Total164
    Flat60
    Terraced47
    Detached18
    commercial building17
    Semi-detached15
    Shared house7
    converted building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (81), and Owned: Owns outright (40).

    Private rented: Private landlord or letting agency81
    Owned: Owns outright40
    Owned: Owns with a mortgage or loan23
    Social rented: Other social rented10
    Private rented: Other private rented6
    Social rented: Rents from council or Local Authority3
    Shared ownership: Shared ownership1
    Does not apply0
    Lives rent free0

    Number of People in a Household

    The most houses in the ME8 7RU have 1 person in household (72), and 2 people in household (44).

    1 person in household72
    2 people in household44
    4 people in household20
    3 people in household15
    5 people in household9
    6 people in household3
    0 people in household0
    7 people in household0
    8 or more people in household0