Housing Market Analysis for LOWER RAINHAM ROAD, ME8 7UD

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £167,300 median price is £160,000 Standard Deviation is £79,707 with Total Sold: 10
    • The most recent sale happened at this postcode is 788 LOWER RAINHAM ROAD: £280,000 (Sold on 11 Jul 2014)
    • The first recorded sale happened at this postcode is 790 LOWER RAINHAM ROAD: £155,000 (Sold on 15 Mar 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average ME8 7UD 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£280,000 £1,505 1
2012£245,000 £2,880 2
2003£240,9951
1999£146,500 £688 2
1997£68,0001
1996£100,333 £800 3

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

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

AddressSold DatePrice% Change
788 LOWER RAINHAM ROADDetached, FreeholdArea: 186 Sq.mtrAge: 2003-200611 Jul 2014£280,000118.75%
07 Jul 1999£128,000First Sale
794 LOWER RAINHAM ROADDetached, FreeholdArea: 132.5 Sq.mtrAge: 1976-198214 Dec 2012£275,000159.43%
24 Dec 1996£106,000First Sale
786 LOWER RAINHAM ROADDetached, FreeholdArea: 58.36 Sq.mtrAge: 1930-194909 Aug 2012£215,000First Sale
782 LOWER RAINHAM ROADDetached, Freehold10 Nov 2003£240,995254.40%
24 Oct 1997£68,000First Sale
792 LOWER RAINHAM ROADDetached, Freehold12 Nov 1999£165,000312.50%
30 Aug 1996£40,000First Sale
790 LOWER RAINHAM ROADDetached, Freehold15 Mar 1996£155,000First Sale

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

LOWER RAINHAM ROAD, ME8 7UD Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £145,957 median price is £138,000 Standard Deviation is £83,274 with Total Sold: 835
    • The Last 5 Year average price is £290,667 with Total Sold: 99
    • 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)
  • Semi-Detached
    • The average price is around £199,292 median price is £179,750 Standard Deviation is £114,466 with Total Sold: 408
    • The Last 5 Year average price is £353,791 with Total Sold: 92
    • The most recent sale happened at this postcode is , 34 BLOOMFIELDS: £400,000 (Sold on 05 Sep 2024)
    • The first recorded sale happened at this postcode is , 12 BURRSTOCK WAY: £37,950 (Sold on 11 Jan 1995)
  • Detached
    • The average price is around £213,575 median price is £178,500 Standard Deviation is £126,359 with Total Sold: 563
    • The Last 5 Year average price is £476,422 with Total Sold: 51
    • The most recent sale happened at this postcode is , INVER HOUSE STATION ROAD: £440,000 (Sold on 19 Oct 2023)
    • 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 £114,928 median price is £124,750 Standard Deviation is £36,562 with Total Sold: 14
    • The Last 5 Year average price is £150,000 with Total Sold: 1
    • 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 , 18 ELLISON WAY: £40,000 (Sold on 29 Apr 1998)
  • Other
    • The average price is around £524,575 median price is £362,500 Standard Deviation is £478,693 with Total Sold: 6
    • The Last 5 Year average price is £362,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , 5 MOTNEY HILL ROAD: £235,000 (Sold on 24 Jun 2022)
    • 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£303,206 £4,577 17
2023£306,971 £4,308 17
2022£313,167 £4,171 12
2021£279,051 £3,981 35
2020£271,014 £3,543 18
2019£239,155 £3,608 14
2018£260,458 £3,546 24
2017£242,365 £3,445 26
2016£228,476 £3,393 21
2015£199,386 £2,861 22
2014£174,932 £2,960 22
2013£167,095 £2,244 21
2012£150,881 £2,089 21
2011£154,786 £2,048 7
2010£146,702 £2,335 21
2009£142,571 £2,244 14
2008£166,447 £2,141 19
2007£168,814 £2,463 35
2006£158,137 £2,275 35
2005£150,729 £2,259 24
2004£144,109 £2,174 32
2003£129,044 £2,030 32
2002£116,314 £1,662 43
2001£85,576 £1,237 39
2000£77,235 £1,137 41
1999£72,774 £1,101 38
1998£57,610 £926 35
1997£56,684 £906 56
1996£54,278 £803 57
1995£48,832 £828 37
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£373,500 £4,251 7
2023£348,346 £4,747 13
2022£348,273 £4,329 11
2021£369,079 £3,753 35
2020£332,961 £3,629 26
2019£284,045 £3,290 11
2018£364,857 £3,961 7
2017£280,209 £3,209 11
2016£317,000 £3,295 7
2015£244,650 £2,927 10
2014£221,332 £3,049 6
2013£231,000 £2,669 3
2012£213,250 £2,611 12
2011£179,900 £2,176 5
2010£190,889 £2,374 9
2009£174,158 £2,337 6
2008£191,833 £2,870 6
2007£211,970 £2,593 17
2006£187,768 £2,506 14
2005£172,826 £2,453 10
2004£179,898 £2,248 10
2003£161,148 £1,758 15
2002£131,214 £1,763 14
2001£107,387 £1,446 29
2000£99,349 £1,330 20
1999£82,529 £1,104 17
1998£79,625 £1,064 29
1997£69,178 £886 14
1996£67,782 £899 14
1995£59,910 £773 20
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£517,400 £4,256 5
2022£557,500 £4,778 2
2021£471,703 £4,224 32
2020£458,417 £3,792 12
2019£449,300 £4,074 5
2018£410,000 £3,742 8
2017£410,600 £3,706 5
2016£376,786 £4,084 7
2015£342,133 £3,433 15
2014£312,885 £2,720 13
2013£284,955 £2,812 11
2012£264,417 £2,660 6
2011£261,944 £2,531 9
2010£255,850 £2,513 10
2009£272,295 £2,345 10
2008£274,125 £2,925 8
2007£280,388 £2,713 18
2006£272,949 £2,570 20
2005£249,499 £2,652 16
2004£256,149 £2,640 10
2003£218,368 £2,203 19
2002£213,170 £2,034 29
2001£158,220 £1,680 20
2000£159,717 £1,507 39
1999£134,788 £1,171 59
1998£115,056 £1,121 54
1997£99,598 £1,148 33
1996£86,297 £912 54
1995£90,576 £922 34
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£150,000 £2,885 1
2019£140,0001
2015£170,000 £2,508 1
2013£95,000 £2,111 1
2012£132,000 £1,947 1
2008£107,500 £2,389 1
2007£142,498 £2,368 3
2005£117,500 £2,350 1
2002£94,9951
2001£70,0001
1999£64,5001
1998£40,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£235,000 £1,478 1
2020£490,000 £5,326 1
2018£453,1252
2017£1,381,200 £12,908 1
2016£135,000 £1,552 1

House Type in ME8 7UD area

The most common house types in the ME8 7UD postcode area are Detached (71), Terraced (41), and Semi-detached (37).

Total154
Detached71
Terraced41
Semi-detached37
Flat2
Shared house2
commercial building1
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (76), and Owned: Owns outright (62).

Owned: Owns with a mortgage or loan76
Owned: Owns outright62
Private rented: Private landlord or letting agency13
Social rented: Other social rented1
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 7UD have 2 people in household (50), and 1 person in household (37).

2 people in household50
1 person in household37
3 people in household29
4 people in household24
5 people in household12
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0