Housing Market Analysis for ME8 8GL

Are you looking to understand ME8 8GL 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 8GL area, explore the ME8 8GL Area information page.
For comprehensive crime statistics in the ME8 8GL area, explore the ME8 8GL Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME8 8GL postcode area, The average prices are as follows,

    Sold Price Trend Over the Years:

    Below table and chart gives the average ME8 8GL 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 8GL

    See the table below for more details on the sold house prices in the ME8 8GL, Medway postcode.

    AddressSold DatePrice% Change

    Check out the sold house prices near the ME8 8GL postcode. Properties currently for saleProperties currently for rent

    ME8 8GL Near By properties

    Interactive Map

    This Interactive map can help you visualize the nearby sold house in the ME8 8GL 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 8GL postcode.

    • Terraced
      • The average price is around £148,030 median price is £140,000 Standard Deviation is £94,255 with Total Sold: 758
      • The Last 5 Year average price is £271,554 with Total Sold: 102
      • The most recent sale happened at this postcode is , 7 BURRSTOCK WAY: £325,000 (Sold on 08 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 £175,709 median price is £151,250 Standard Deviation is £105,387 with Total Sold: 298
      • The Last 5 Year average price is £331,798 with Total Sold: 52
      • The most recent sale happened at this postcode is , 208 WAKELEY ROAD: £317,000 (Sold on 26 Jul 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 £215,879 median price is £182,000 Standard Deviation is £124,899 with Total Sold: 557
      • The Last 5 Year average price is £467,208 with Total Sold: 48
      • The most recent sale happened at this postcode is , 7 CALDECOTE CLOSE: £450,000 (Sold on 02 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 £85,382 median price is £89,750 Standard Deviation is £40,260 with Total Sold: 34
      • The Last 5 Year average price is £164,000 with Total Sold: 2
      • The most recent sale happened at this postcode is 104, FINHAM COURT WAKELEY ROAD: £173,000 (Sold on 25 Aug 2023)
      • The first recorded sale happened at this postcode is 96, FINHAM COURT WAKELEY ROAD: £33,750 (Sold on 20 Sep 1995)
    • Other
      • The average price is around £1,965,008 median price is £265,000 Standard Deviation is £4,021,061 with Total Sold: 12
      • The Last 5 Year average price is £2,167,157 with Total Sold: 7
      • 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
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£311,1005
    2023£297,238 £3,861 21
    2022£311,375 £4,156 12
    2021£255,953 £3,663 32
    2020£250,850 £3,419 10
    2019£248,433 £3,278 22
    2018£311,750 £4,264 20
    2017£258,458 £3,093 39
    2016£214,557 £3,133 21
    2015£197,667 £2,566 24
    2014£166,924 £2,474 27
    2013£147,000 £1,979 18
    2012£151,385 £1,847 13
    2011£143,050 £1,736 10
    2010£150,077 £2,282 13
    2009£148,066 £2,144 15
    2008£148,583 £2,026 12
    2007£166,700 £2,335 35
    2006£152,369 £2,105 32
    2005£162,725 £2,265 31
    2004£140,124 £2,135 28
    2003£122,446 £1,922 24
    2002£107,529 £1,477 33
    2001£82,445 £1,202 24
    2000£78,042 £1,198 32
    1999£68,458 £1,046 38
    1998£58,384 £891 31
    1997£57,591 £901 55
    1996£54,046 £821 47
    1995£49,315 £867 34
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£343,500 £3,458 2
    2023£351,450 £4,636 10
    2022£328,600 £4,575 5
    2021£306,167 £3,743 6
    2020£320,500 £3,617 9
    2019£334,375 £3,258 20
    2018£358,286 £3,326 7
    2017£309,250 £3,272 16
    2016£236,431 £2,790 8
    2015£251,250 £3,397 2
    2014£212,500 £2,406 5
    2013£181,125 £2,253 4
    2012£155,100 £1,790 10
    2011£148,333 £2,076 3
    2010£180,200 £2,311 5
    2009£162,000 £2,239 6
    2008£160,300 £2,671 5
    2007£180,321 £2,404 14
    2006£170,409 £2,169 11
    2005£167,770 £2,318 12
    2004£149,999 £1,752 4
    2003£137,731 £1,684 12
    2002£113,912 £1,658 12
    2001£102,186 £1,614 18
    2000£101,904 £1,381 19
    1999£80,752 £1,142 15
    1998£75,746 £1,062 25
    1997£61,900 £903 10
    1996£54,130 £805 10
    1995£55,977 £893 13
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£492,000 £4,351 6
    2022£552,500 £4,562 4
    2021£458,614 £4,253 22
    2020£452,875 £3,612 8
    2019£443,938 £3,931 8
    2018£421,269 £3,580 13
    2017£418,684 £3,476 19
    2016£373,214 £3,837 7
    2015£319,385 £3,518 13
    2014£316,125 £2,810 12
    2013£279,792 £2,798 12
    2012£274,125 £2,550 4
    2011£261,944 £2,531 9
    2010£259,700 £2,566 10
    2009£262,992 £2,333 6
    2008£274,444 £2,925 9
    2007£274,187 £2,751 16
    2006£276,578 £2,570 19
    2005£251,466 £2,652 15
    2004£249,135 £2,536 11
    2003£217,222 £2,203 18
    2002£211,659 £1,988 31
    2001£158,141 £1,701 17
    2000£160,871 £1,507 39
    1999£136,066 £1,204 53
    1998£116,269 £1,121 52
    1997£102,491 £1,136 31
    1996£85,980 £909 48
    1995£93,835 £925 45
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£164,000 £2,957 2
    2017£131,500 £2,456 2
    2016£125,000 £2,230 2
    2015£122,000 £2,161 2
    2014£112,1501
    2013£83,000 £1,505 1
    2012£95,000 £1,668 2
    2009£89,500 £1,348 1
    2008£116,500 £2,118 1
    2007£107,500 £2,145 5
    2006£74,000 £2,056 1
    2005£85,5001
    2004£72,5001
    2001£51,250 £868 2
    2000£43,995 £786 1
    1999£38,750 £737 2
    1998£37,300 £574 2
    1997£28,500 £638 2
    1996£34,000 £592 2
    1995£33,750 £603 1
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2021£108,500 £1,618 3
    2020£14,500,000 £168,605 1
    2019£114,867 £1,424 3
    2018£1,031,667 £9,268 3
    2015£265,0001
    2014£5,050,000 £40,079 1

    House Type in ME8 8GL area

    The most common house types in the ME8 8GL postcode area are Terraced (71), Detached (31), and Semi-detached (24).

    Total127
    Terraced71
    Detached31
    Semi-detached24
    commercial building1
    Flat0
    Shared house0
    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 (53), and Owned: Owns outright (49).

    Owned: Owns with a mortgage or loan53
    Owned: Owns outright49
    Private rented: Private landlord or letting agency20
    Social rented: Rents from council or Local Authority1
    Social rented: Other social rented1
    Private rented: Other private rented1
    Does not apply0
    Shared ownership: Shared ownership0
    Lives rent free0

    Number of People in a Household

    The most houses in the ME8 8GL have 2 people in household (52), and 1 person in household (26).

    2 people in household52
    1 person in household26
    3 people in household20
    4 people in household20
    5 people in household4
    6 people in household3
    7 people in household2
    0 people in household0
    8 or more people in household0