Are you looking to understand ME8 7TL 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 7TL area, explore the ME8 7TL Area information page.
For comprehensive crime statistics in the ME8 7TL area, explore the ME8 7TL Crime Rates page.
As per the latest sold houses in the ME8 7TL postcode area, The average prices are as follows,
Below table and chart gives the average ME8 7TL 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.
| Year | Avg. Price | Avg. Price/Sq. mtr | Sold |
|---|---|---|---|
| 1999 | £179,000 | £1,297 | 1 |
| 1996 | £160,000 | 1 |
See the table below for more details on the sold house prices in the ME8 7TL, Medway postcode.
| Address | Sold Date | Price | % Change |
|---|---|---|---|
| 405 LOWER RAINHAM ROADDetached, FreeholdArea: 138 Sq.mtrAge: 1930-1949 | 29 Mar 1999 | £179,000 | First Sale |
| 430 LOWER RAINHAM ROADDetached, Freehold | 09 Jul 1996 | £160,000 | First Sale |
Check out the sold house prices near the ME8 7TL postcode. Properties currently for saleProperties currently for rent
This Interactive map can help you visualize the nearby sold house in the ME8 7TL postcode area
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 7TL postcode.
| Year | Avg. Price | Avg. Price/Sq. mtr | Sold |
|---|---|---|---|
| 2024 | £388,058 | £3,571 | 2 |
| 2023 | £602,500 | £4,099 | 1 |
| 2021 | £337,800 | £3,543 | 5 |
| 2019 | £360,000 | £2,667 | 1 |
| 2018 | £325,000 | £3,521 | 2 |
| 2015 | £255,000 | £3,217 | 1 |
| 2012 | £160,500 | £1,888 | 1 |
| 2011 | £208,000 | £2,566 | 2 |
| 2010 | £177,000 | £2,295 | 1 |
| 2009 | £220,000 | £1,950 | 1 |
| 2007 | £250,000 | 1 | |
| 2004 | £250,000 | £1,613 | 1 |
| 2003 | £185,000 | £1,667 | 1 |
| 2002 | £135,000 | 1 | |
| 2001 | £101,750 | 2 | |
| 1999 | £108,998 | £1,020 | 3 |
| 1996 | £72,750 | 1 | |
| 1995 | £68,000 | £1,030 | 1 |
| Year | Avg. Price | Avg. Price/Sq. mtr | Sold |
|---|---|---|---|
| 2023 | £375,667 | £4,094 | 3 |
| 2021 | £367,214 | £3,351 | 7 |
| 2020 | £318,750 | £3,602 | 2 |
| 2019 | £320,000 | £3,361 | 6 |
| 2018 | £354,250 | £3,316 | 4 |
| 2017 | £345,000 | £2,828 | 1 |
| 2016 | £278,333 | £3,432 | 3 |
| 2015 | £247,500 | £3,008 | 7 |
| 2014 | £236,000 | £2,596 | 3 |
| 2011 | £195,000 | £2,715 | 1 |
| 2010 | £209,500 | £2,605 | 2 |
| 2008 | £140,000 | £2,545 | 1 |
| 2007 | £264,988 | £2,483 | 4 |
| 2006 | £238,272 | £2,622 | 22 |
| 2005 | £127,995 | £2,371 | 1 |
| 2002 | £97,500 | £1,773 | 1 |
| 2001 | £77,475 | £1,234 | 2 |
| 2000 | £70,000 | £1,273 | 1 |
| 1999 | £48,995 | £908 | 1 |
| 1998 | £52,000 | £703 | 1 |
| 1997 | £54,000 | £909 | 2 |
| 1996 | £41,250 | £744 | 2 |
| 1995 | £39,995 | £741 | 1 |
| Year | Avg. Price | Avg. Price/Sq. mtr | Sold |
|---|---|---|---|
| 2023 | £750,000 | £8,030 | 2 |
| 2022 | £790,000 | £4,093 | 1 |
| 2021 | £427,500 | £4,129 | 4 |
| 2019 | £576,500 | £3,281 | 1 |
| 2017 | £585,000 | £6,290 | 1 |
| 2016 | £367,500 | £3,087 | 4 |
| 2015 | £450,000 | £3,511 | 1 |
| 2014 | £326,150 | £2,588 | 1 |
| 2013 | £362,500 | £2,572 | 2 |
| 2012 | £260,000 | £2,556 | 4 |
| 2011 | £332,500 | £2,714 | 2 |
| 2010 | £435,000 | £2,411 | 1 |
| 2008 | £300,000 | £2,340 | 1 |
| 2007 | £280,000 | £2,137 | 3 |
| 2006 | £235,000 | £1,001 | 2 |
| 2005 | £230,000 | £2,348 | 3 |
| 2002 | £210,000 | £2,258 | 1 |
| 2000 | £140,000 | £1,308 | 1 |
| 1999 | £186,333 | £1,232 | 3 |
| 1998 | £156,665 | £1,070 | 3 |
| 1996 | £152,500 | £751 | 2 |
| 1995 | £177,000 | £981 | 1 |
| Year | Avg. Price | Avg. Price/Sq. mtr | Sold |
|---|---|---|---|
| 2020 | £327,500 | £26 | 2 |
| 2019 | £5,000 | 1 | |
| 2018 | £4,250 | £26 | 4 |
| 2017 | £250 | £2 | 1 |
| 2016 | £305,000 | £2,259 | 1 |
The most common house types in the ME8 7TL postcode area are Detached (42), Terraced (39), and Semi-detached (29).
| Total | 110 |
| Detached | 42 |
| Terraced | 39 |
| Semi-detached | 29 |
| Flat | 0 |
| Shared house | 0 |
| converted building | 0 |
| commercial building | 0 |
| temporary structure | 0 |
As per the tenure of household, most of the the properties are Owned: Owns outright (56), and Owned: Owns with a mortgage or loan (45).
| Owned: Owns outright | 56 |
| Owned: Owns with a mortgage or loan | 45 |
| Private rented: Private landlord or letting agency | 7 |
| Social rented: Other social rented | 2 |
| Private rented: Other private rented | 1 |
| Does not apply | 0 |
| Shared ownership: Shared ownership | 0 |
| Social rented: Rents from council or Local Authority | 0 |
| Lives rent free | 0 |
The most houses in the ME8 7TL have 2 people in household (45), and 4 people in household (21).
| 2 people in household | 45 |
| 4 people in household | 21 |
| 1 person in household | 19 |
| 3 people in household | 18 |
| 5 people in household | 8 |
| 0 people in household | 0 |
| 6 people in household | 0 |
| 7 people in household | 0 |
| 8 or more people in household | 0 |