Housing Market Analysis for LOWER RAINHAM ROAD, ME8 7TN

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £168,977 median price is £124,995 Standard Deviation is £137,547 with Total Sold: 25
    • The Last 5 Year average price is £375,000 with Total Sold: 3
    • The most recent sale happened at this postcode is 495 LOWER RAINHAM ROAD: £175,000 (Sold on 16 Jul 2021)
    • The first recorded sale happened at this postcode is 510 LOWER RAINHAM ROAD: £475,000 (Sold on 04 Jun 2021)
  • Detached
    • The average price is around £406,833 median price is £420,000 Standard Deviation is £130,366 with Total Sold: 9
    • The Last 5 Year average price is £500,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 486 LOWER RAINHAM ROAD: £500,000 (Sold on 26 Mar 2021)
    • The first recorded sale happened at this postcode is 507 LOWER RAINHAM ROAD: £210,000 (Sold on 05 Jun 2002)
  • Semi-Detached
    • The average price is around £275,357 median price is £300,000 Standard Deviation is £88,547 with Total Sold: 7
    • The Last 5 Year average price is £367,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 490 LOWER RAINHAM ROAD: £391,000 (Sold on 08 Mar 2021)
    • The first recorded sale happened at this postcode is 527 LOWER RAINHAM ROAD: £177,000 (Sold on 21 Apr 2010)
  • Other
    • The average price is around £153,500 median price is £153,500 Standard Deviation is £151,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 527 LOWER RAINHAM ROAD: £2,000 (Sold on 09 Mar 2018)
    • The first recorded sale happened at this postcode is 521 LOWER RAINHAM ROAD: £305,000 (Sold on 03 Jun 2016)

Sold Price Trend Over the Years:

Below table and chart gives the average ME8 7TN 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£375,000 £3,066 3
2019£370,000 £2,846 1
2018£380,000 £2,867 2
2016£200,000 £3,355 1
2015£187,500 £3,409 1
2014£140,000 £2,692 1
2008£140,000 £2,545 1
2007£275,000 £2,200 1
2006£122,498 £2,202 2
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
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£500,000 £3,901 1
2019£576,500 £3,281 1
2017£585,000 £6,290 1
2016£420,000 £2,745 1
2015£450,000 £3,511 1
2013£390,000 £2,220 1
2008£300,000 £2,340 1
2006£230,0001
2002£210,000 £2,258 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£367,000 £4,190 2
2019£360,000 £2,667 1
2018£300,000 £3,889 1
2012£160,500 £1,888 1
2011£196,000 £2,356 1
2010£177,000 £2,295 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£2,000 £26 1
2016£305,000 £2,259 1

All the Sales in the LOWER RAINHAM ROAD, ME8 7TN

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

AddressSold DatePrice% Change
495 LOWER RAINHAM ROADTerraced, FreeholdArea: 55 Sq.mtrAge: 1900-192916 Jul 2021£175,000-6.67%
12 Oct 2015£187,50033.93%
12 Dec 2008£140,00043.59%
04 Nov 2002£97,500First Sale
512 LOWER RAINHAM ROADTerraced, FreeholdArea: 161 Sq.mtr16 Jun 2021£475,000First Sale
486 LOWER RAINHAM ROADDetached, FreeholdArea: 128.18 Sq.mtrAge: before 190026 Mar 2021£500,00011.11%
24 Apr 2015£450,00050.00%
07 Jan 2008£300,000First Sale
490 LOWER RAINHAM ROADSemi-Detached, FreeholdArea: 90 Sq.mtrAge: 1976-198208 Mar 2021£391,000First Sale
529 LOWER RAINHAM ROADSemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1950-196604 Mar 2021£343,000113.71%
05 Mar 2012£160,500First Sale
521 LOWER RAINHAM ROADSemi-Detached, FreeholdArea: 135 Sq.mtr28 Jun 2019£360,00018.03%
03 Jun 2016£305,000First Sale
505 LOWER RAINHAM ROADDetached, FreeholdArea: 175.71 Sq.mtrAge: before 190018 Mar 2019£576,50047.82%
18 Sep 2013£390,000First Sale
519 LOWER RAINHAM ROADTerraced, FreeholdArea: 130 Sq.mtr01 Feb 2019£370,000First Sale
525 LOWER RAINHAM ROADTerraced, FreeholdArea: 130 Sq.mtr19 Dec 2018£365,000First Sale
523 LOWER RAINHAM ROADTerraced, FreeholdArea: 135 Sq.mtr20 Apr 2018£395,000First Sale
527 LOWER RAINHAM ROADSemi-Detached, FreeholdArea: 77.14 Sq.mtrAge: 1950-196610 Apr 2018£300,00014900.00%
09 Mar 2018£2,000-98.87%
21 Apr 2010£177,000First Sale
507 LOWER RAINHAM ROADDetached, FreeholdArea: 93 Sq.mtrAge: 1967-197511 Apr 2017£585,000178.57%
05 Jun 2002£210,000First Sale
493 LOWER RAINHAM ROADTerraced, FreeholdArea: 59.62 Sq.mtrAge: 1900-192906 Jul 2016£200,00060.01%
01 Dec 2006£124,995212.49%
25 Oct 1996£40,000First Sale
506 LOWER RAINHAM ROADDetached, FreeholdArea: 153 Sq.mtrAge: 1976-198226 Feb 2016£420,000First Sale
496 LOWER RAINHAM ROADTerraced, FreeholdArea: 52 Sq.mtrAge: before 190022 May 2014£140,00016.67%
24 Nov 2006£120,000182.35%
16 Jul 1996£42,500First Sale
488 LOWER RAINHAM ROADSemi-Detached, FreeholdArea: 83.18 Sq.mtrAge: 1930-194923 Sep 2011£196,000First Sale
481 LOWER RAINHAM ROADTerraced, FreeholdArea: 125 Sq.mtrAge: 1950-196629 Jun 2007£275,000First Sale
497 LOWER RAINHAM ROADDetached, Freehold01 Dec 2006£230,000First Sale
498 LOWER RAINHAM ROADTerraced, FreeholdArea: 53.98 Sq.mtrAge: before 190005 Aug 2005£127,995161.24%
21 May 1999£48,99522.50%
08 Sep 1995£39,995First Sale
491 LOWER RAINHAM ROADTerraced, FreeholdArea: 74 Sq.mtrAge: before 190020 Nov 2001£75,00044.23%
06 Mar 1998£52,000First Sale
489 LOWER RAINHAM ROADTerraced, FreeholdArea: 55 Sq.mtrAge: before 190002 Nov 2001£79,95014.21%
15 Sep 2000£70,00040.00%
19 Dec 1997£50,000First Sale
483 LOWER RAINHAM ROADTerraced, Freehold20 Aug 1997£58,000First Sale
510 LOWER RAINHAM ROADTerraced, Freehold04 Jun 2021£475,000First Sale

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

LOWER RAINHAM ROAD, ME8 7TN Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £245,261 median price is £258,750 Standard Deviation is £104,422 with Total Sold: 78
    • The Last 5 Year average price is £361,250 with Total Sold: 12
    • The most recent sale happened at this postcode is , 13 RUSSETT FARM: £365,000 (Sold on 24 Aug 2023)
    • The first recorded sale happened at this postcode is , 498 LOWER RAINHAM ROAD: £39,995 (Sold on 08 Sep 1995)
  • Semi-Detached
    • The average price is around £224,327 median price is £211,000 Standard Deviation is £113,915 with Total Sold: 42
    • The Last 5 Year average price is £371,667 with Total Sold: 9
    • The most recent sale happened at this postcode is , 597 LOWER RAINHAM ROAD: £325,000 (Sold on 14 Jul 2023)
    • The first recorded sale happened at this postcode is , 571 LOWER RAINHAM ROAD: £57,500 (Sold on 26 Apr 1996)
  • Detached
    • The average price is around £362,052 median price is £300,000 Standard Deviation is £217,026 with Total Sold: 29
    • The Last 5 Year average price is £668,750 with Total Sold: 4
    • The most recent sale happened at this postcode is , 366 PUMP LANE: £630,000 (Sold on 15 Jun 2023)
    • The first recorded sale happened at this postcode is , 430 LOWER RAINHAM ROAD: £160,000 (Sold on 09 Jul 1996)
  • Other
    • The average price is around £319,000 median price is £305,000 Standard Deviation is £264,730 with Total Sold: 3
    • The Last 5 Year average price is £650,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , PUMP FARM HOUSE, 281 PUMP LANE: £650,000 (Sold on 23 Jan 2020)
    • The first recorded sale happened at this postcode is , 521 LOWER RAINHAM ROAD: £305,000 (Sold on 03 Jun 2016)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
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
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£463,750 £4,900 2
2022£350,000 £5,738 1
2021£344,583 £3,315 6
2019£350,000 £2,851 2
2018£325,000 £3,521 2
2016£310,000 £2,768 1
2015£198,333 £3,372 3
2014£212,000 £4,061 1
2013£171,250 £1,794 2
2012£160,500 £1,888 1
2011£166,750 £2,422 2
2010£177,000 £2,295 1
2009£220,000 £1,950 1
2007£250,0001
2006£222,2502
2004£250,000 £1,613 1
2003£182,498 £1,667 2
2002£135,0001
2001£112,875 £2,102 4
1999£109,5002
1997£65,500 £1,065 2
1996£65,125 £1,173 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£630,000 £9,317 1
2022£1,200,0001
2021£422,500 £3,578 2
2019£423,250 £2,134 2
2017£585,000 £6,290 1
2016£420,000 £2,745 1
2015£450,000 £3,511 1
2013£475,000 £2,572 3
2012£255,000 £2,576 3
2011£332,500 £2,714 2
2008£300,000 £2,340 1
2007£255,000 £1,808 5
2006£235,000 £1,001 2
2002£210,000 £2,258 1
1999£179,000 £1,297 1
1998£74,0001
1996£160,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£650,0001
2018£2,000 £26 1
2016£305,000 £2,259 1

House Type in ME8 7TN area

The most common house types in the ME8 7TN postcode area are Detached (68), Semi-detached (57), and Terraced (43).

Total170
Detached68
Semi-detached57
Terraced43
Flat1
temporary structure1
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (78), and Owned: Owns outright (69).

Owned: Owns with a mortgage or loan78
Owned: Owns outright69
Private rented: Private landlord or letting agency18
Private rented: Other private rented5
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the ME8 7TN have 2 people in household (73), and 1 person in household (34).

2 people in household73
1 person in household34
4 people in household32
3 people in household20
5 people in household6
6 people in household2
8 or more people in household1
0 people in household0
7 people in household0