Housing Market Analysis for OTTERHAM QUAY LANE, ME8 7UT

Are you looking to understand ME8 7UT 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 Swale postcode.

For the location information and nearby amenities in the ME8 7UT area, explore the ME8 7UT Area information page.
For comprehensive crime statistics in the ME8 7UT area, explore the ME8 7UT Crime Rates page.

Overview of Sold House prices

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

Terraced
- The average price is around £120,136 median price is £118,500 Standard Deviation is £64,070 with Total Sold: 7
- The most recent sale happened at this postcode is 4, HUBBARDS COTTAGES OTTERHAM QUAY LANE: £159,000 (Sold on 26 Mar 2015)
- The first recorded sale happened at this postcode is 3, HUBBARDS COTTAGES OTTERHAM QUAY LANE: £25,000 (Sold on 19 Dec 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average ME8 7UT 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2015	£159,000	£1,407	1
2004	£200,000		2
2003	£118,500		1
2000	£69,225	£708	2
1996	£25,000		1

All the Sales in the OTTERHAM QUAY LANE, ME8 7UT

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

Address	Sold Date	Price	% Change
4, HUBBARDS COTTAGES OTTERHAM QUAY LANETerraced, FreeholdArea: 113 Sq.mtrAge: before 1900	26 Mar 2015	£159,000	98.87%
	12 May 2000	£79,950	First Sale
2, HUBBARDS COTTAGES OTTERHAM QUAY LANETerraced, Freehold	16 Jul 2004	£200,000	First Sale
1, HUBBARDS COTTAGES OTTERHAM QUAY LANETerraced, Freehold	16 Jul 2004	£200,000	First Sale
3, HUBBARDS COTTAGES OTTERHAM QUAY LANETerraced, Freehold	23 Sep 2003	£118,500	102.56%
	10 May 2000	£58,500	134.00%
	19 Dec 1996	£25,000	First Sale

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

OTTERHAM QUAY LANE, ME8 7UT Near By properties

Interactive Map

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

Terraced
- The average price is around £155,462 median price is £139,995 Standard Deviation is £120,158 with Total Sold: 277
- The Last 5 Year average price is £288,545 with Total Sold: 37
- The most recent sale happened at this postcode is , 16 BUTCHERS GREEN: £347,000 (Sold on 12 Aug 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 £192,877 median price is £170,998 Standard Deviation is £115,476 with Total Sold: 184
- The Last 5 Year average price is £346,115 with Total Sold: 39
- The most recent sale happened at this postcode is , 17 WOODS EDGE: £370,000 (Sold on 06 Mar 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 £223,713 median price is £189,975 Standard Deviation is £127,920 with Total Sold: 492
- The Last 5 Year average price is £476,965 with Total Sold: 43
- The most recent sale happened at this postcode is , 7 HOMEFIELD DRIVE: £530,000 (Sold on 28 Jul 2023)
- The first recorded sale happened at this postcode is , 26 BURRSTOCK WAY: £79,950 (Sold on 12 Jan 1995)
Other
- The average price is around £2,896,000 median price is £889,000 Standard Deviation is £4,652,640 with Total Sold: 8
- The Last 5 Year average price is £3,725,750 with Total Sold: 4
- The most recent sale happened at this postcode is , THE ORCHARD BUILDING OTTERHAM QUAY LANE: £60,000 (Sold on 30 Jun 2021)
- The first recorded sale happened at this postcode is , 9 EASTWOOD MEADOW: £5,050,000 (Sold on 26 Mar 2014)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£343,000		3
2023	£301,625	£4,399	8
2022	£350,500	£4,278	5
2021	£260,500	£4,100	13
2020	£215,000	£3,993	1
2019	£268,595	£3,372	7
2018	£409,667	£5,794	9
2017	£287,633	£3,114	15
2016	£210,625	£3,162	8
2015	£190,143	£2,893	7
2014	£187,454	£3,249	11
2013	£164,700	£2,771	5
2012	£140,750	£2,040	4
2011	£134,500	£1,910	3
2010	£141,300	£2,749	5
2009	£159,666	£2,680	6
2008	£152,000	£2,215	5
2007	£163,000	£2,654	13
2006	£152,971	£2,602	7
2005	£150,286	£2,483	7
2004	£152,999	£2,304	13
2003	£130,044	£2,075	11
2002	£110,960	£1,670	13
2001	£85,598	£1,336	10
2000	£77,035	£1,238	11
1999	£72,291	£1,093	12
1998	£54,550	£953	14
1997	£57,175	£897	7
1996	£54,801	£943	18
1995	£48,760	£896	26

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£370,000	£3,458	1
2023	£359,688	£5,230	8
2022	£402,500	£4,657	2
2021	£307,400	£4,058	5
2020	£337,417	£3,630	6
2019	£346,147	£3,301	17
2018	£346,714	£3,258	7
2017	£311,643	£3,112	14
2016	£270,000	£3,293	1
2015	£239,167	£2,872	3
2014	£210,500	£3,076	2
2013	£195,500	£2,918	1
2012	£200,000	£2,985	1
2011	£152,500	£2,787	1
2010	£184,500	£2,765	3
2009	£182,333	£2,604	3
2008	£150,750	£3,741	2
2007	£180,415	£2,416	6
2006	£204,250	£2,450	4
2005	£183,542	£2,299	6
2004	£170,665	£2,534	3
2003	£163,748	£2,293	6
2002	£130,583	£1,983	6
2001	£111,716	£1,557	9
2000	£110,905	£1,514	16
1999	£93,550	£1,263	10
1998	£84,437	£1,125	16
1997	£66,565	£1,020	3
1996	£63,317	£939	9
1995	£55,977	£893	13

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£578,400	£4,377	5
2022	£552,500	£4,562	4
2021	£475,562	£4,228	16
2020	£429,111	£3,595	9
2019	£437,389	£3,828	9
2018	£427,423	£3,365	13
2017	£412,605	£3,342	19
2016	£393,400	£3,400	5
2015	£318,462	£3,518	13
2014	£339,500	£2,546	10
2013	£289,944	£2,745	9
2012	£253,917	£2,622	6
2011	£269,286	£2,570	7
2010	£259,700	£2,566	10
2009	£265,990	£2,397	5
2008	£274,875	£2,925	8
2007	£274,133	£2,656	15
2006	£283,199	£2,467	15
2005	£246,892	£2,402	14
2004	£258,186	£2,333	8
2003	£230,055	£2,136	18
2002	£213,131	£1,988	30
2001	£158,900	£1,617	16
2000	£166,456	£1,505	35
1999	£138,833	£1,188	51
1998	£121,612	£1,111	48
1997	£110,341	£1,011	16
1996	£86,156	£880	35
1995	£93,746	£935	43

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£60,000		1
2020	£14,500,000	£168,605	1
2019	£171,500	£2,832	2
2018	£1,475,000	£12,607	2
2015	£265,000		1
2014	£5,050,000	£40,079	1

House Type in ME8 7UT area

The most common house types in the ME8 7UT postcode area are Detached (81), temporary structure (62), and Terraced (25).

Total	188
Detached	81
temporary structure	62
Terraced	25
Semi-detached	19
Shared house	1
Flat	0
converted building	0
commercial building	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (115), and Owned: Owns with a mortgage or loan (60).

Owned: Owns outright	115
Owned: Owns with a mortgage or loan	60
Private rented: Private landlord or letting agency	13
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the ME8 7UT have 2 people in household (73), and 1 person in household (63).

2 people in household	73
1 person in household	63
4 people in household	25
3 people in household	22
5 people in household	6
6 people in household	1
7 people in household	1
0 people in household	0
8 or more people in household	0