Housing Market Analysis for SILVERSPOT CLOSE, ME8 8JR

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £163,474 median price is £157,000 Standard Deviation is £64,348 with Total Sold: 21
    • The Last 5 Year average price is £335,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 13 SILVERSPOT CLOSE: £335,000 (Sold on 26 Apr 2024)
    • The first recorded sale happened at this postcode is 19 SILVERSPOT CLOSE: £65,000 (Sold on 08 Sep 1998)
  • Semi-Detached
    • The average price is around £170,000 median price is £166,500 Standard Deviation is £79,970 with Total Sold: 22
    • The Last 5 Year average price is £317,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 22 SILVERSPOT CLOSE: £340,000 (Sold on 31 Aug 2022)
    • The first recorded sale happened at this postcode is 11 SILVERSPOT CLOSE: £42,000 (Sold on 01 Aug 1995)
  • Other
    • The average price is around £184,745 median price is £184,745 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £184,745 with Total Sold: 1
    • The most recent sale happened at this postcode is 13 SILVERSPOT CLOSE: £184,745 (Sold on 27 Aug 2021)
    • The first recorded sale happened at this postcode is 13 SILVERSPOT CLOSE: £184,745 (Sold on 27 Aug 2021)
  • Detached
    • The average price is around £117,625 median price is £109,250 Standard Deviation is £48,290 with Total Sold: 4
    • The most recent sale happened at this postcode is 27 SILVERSPOT CLOSE: £182,000 (Sold on 17 Nov 2006)
    • The first recorded sale happened at this postcode is 3 SILVERSPOT CLOSE: £70,000 (Sold on 24 Nov 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average ME8 8JR 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
2024£335,0001
2018£255,000 £3,110 1
2017£235,000 £3,357 1
2016£240,000 £3,000 1
2014£196,250 £2,400 2
2013£161,000 £2,144 2
2011£162,000 £2,148 2
2008£165,000 £2,012 1
2006£152,000 £2,079 3
2005£167,500 £2,043 1
2002£120,000 £1,592 2
2001£87,995 £1,073 1
2000£81,000 £1,157 1
1998£65,975 £875 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£340,000 £4,928 1
2021£295,000 £4,275 1
2018£327,500 £3,243 1
2016£270,000 £3,000 1
2013£165,000 £2,357 1
2012£190,000 £2,236 2
2009£170,000 £2,443 1
2008£171,000 £1,693 1
2007£182,667 £2,410 3
2006£188,000 £2,089 1
2003£142,998 £2,174 2
2002£129,000 £1,560 2
1998£65,000 £828 2
1997£84,750 £835 2
1995£42,000 £600 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£184,745 £2,309 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£182,0001
2001£146,5001
1998£72,0001
1997£70,0001

All the Sales in the SILVERSPOT CLOSE, ME8 8JR

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

AddressSold DatePrice% Change
13 SILVERSPOT CLOSETerraced, Freehold26 Apr 2024£335,00081.33%
27 Aug 2021£184,745-23.02%
31 Mar 2016£240,000First Sale
22 SILVERSPOT CLOSESemi-Detached, FreeholdArea: 69 Sq.mtrAge: 1967-197531 Aug 2022£340,00015.25%
03 Mar 2021£295,00078.79%
06 Jan 2012£165,000-8.33%
02 Mar 2007£180,00020.00%
12 Dec 2003£149,995First Sale
19 SILVERSPOT CLOSETerraced, FreeholdArea: 82 Sq.mtrAge: 1967-197531 Oct 2018£255,00072.30%
28 Apr 2006£148,000127.69%
08 Sep 1998£65,000First Sale
23 SILVERSPOT CLOSESemi-Detached, FreeholdArea: 101 Sq.mtrAge: 1967-197523 Feb 2018£327,50091.52%
17 Oct 2008£171,000First Sale
12 SILVERSPOT CLOSETerraced, FreeholdArea: 70 Sq.mtrAge: 1967-197504 Sep 2017£235,000First Sale
6 SILVERSPOT CLOSESemi-Detached, FreeholdArea: 90 Sq.mtrAge: 1976-198229 Jan 2016£270,00035.00%
27 Sep 2007£200,0006.38%
08 Jun 2006£188,000196.06%
09 Feb 1998£63,500First Sale
18 SILVERSPOT CLOSETerraced, FreeholdArea: 81.53 Sq.mtrAge: 1967-197501 Dec 2014£200,00018.34%
24 Jun 2011£169,000First Sale
15 SILVERSPOT CLOSETerraced, FreeholdArea: 82 Sq.mtrAge: 1967-197521 Nov 2014£192,50016.67%
09 May 2008£165,00087.51%
16 Feb 2001£87,995First Sale
9 SILVERSPOT CLOSETerraced, FreeholdArea: 69 Sq.mtrAge: 1976-198231 Oct 2013£157,0001.29%
08 Sep 2006£155,00038.39%
16 Dec 2002£112,000First Sale
25 SILVERSPOT CLOSESemi-Detached, FreeholdArea: 70 Sq.mtrAge: 1967-197501 Oct 2013£165,000148.12%
11 Sep 1998£66,500First Sale
16 SILVERSPOT CLOSETerraced, FreeholdArea: 82 Sq.mtrAge: 1976-198217 Jun 2013£165,000-1.49%
06 Dec 2005£167,50030.86%
12 Dec 2002£128,000First Sale
1 SILVERSPOT CLOSESemi-Detached, FreeholdArea: 103.3 Sq.mtrAge: 1967-197529 May 2012£215,000141.57%
26 Nov 1997£89,000First Sale
29 SILVERSPOT CLOSETerraced, FreeholdArea: 69.7 Sq.mtrAge: 1976-198214 Sep 2011£155,000First Sale
4 SILVERSPOT CLOSESemi-Detached, FreeholdArea: 69.6 Sq.mtrAge: 1967-197517 Dec 2009£170,000First Sale
11 SILVERSPOT CLOSESemi-Detached, FreeholdArea: 70 Sq.mtrAge: 1967-197504 Jun 2007£168,00034.40%
28 Aug 2002£125,000197.62%
01 Aug 1995£42,000First Sale
27 SILVERSPOT CLOSEDetached, Freehold17 Nov 2006£182,000152.78%
18 Sep 1998£72,000First Sale
21 SILVERSPOT CLOSETerraced, FreeholdArea: 70 Sq.mtrAge: 1967-197508 Mar 2006£153,00088.89%
20 Apr 2000£81,00020.99%
30 Oct 1998£66,950First Sale
2 SILVERSPOT CLOSESemi-Detached, Freehold18 Jul 2003£136,000First Sale
7 SILVERSPOT CLOSESemi-Detached, FreeholdArea: 99.66 Sq.mtrAge: 1967-197519 Aug 2002£133,00065.22%
27 Jun 1997£80,500First Sale
24 SILVERSPOT CLOSEDetached, Freehold01 Jun 2001£146,500First Sale
3 SILVERSPOT CLOSEDetached, Freehold24 Nov 1997£70,000First Sale

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

SILVERSPOT CLOSE, ME8 8JR Near By properties

Interactive Map

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

  • Detached
    • The average price is around £280,085 median price is £249,995 Standard Deviation is £142,411 with Total Sold: 300
    • The Last 5 Year average price is £465,905 with Total Sold: 58
    • The most recent sale happened at this postcode is , 35 HURST PLACE: £520,000 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , 1 BROADVIEW AVENUE: £84,000 (Sold on 18 May 1995)
  • Semi-Detached
    • The average price is around £195,281 median price is £182,500 Standard Deviation is £101,863 with Total Sold: 1,112
    • The Last 5 Year average price is £335,402 with Total Sold: 185
    • The most recent sale happened at this postcode is , 209 LONSDALE DRIVE: £293,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 42 NIGHTINGALE CLOSE: £50,000 (Sold on 06 Jan 1995)
  • Terraced
    • The average price is around £155,429 median price is £149,995 Standard Deviation is £83,238 with Total Sold: 1,179
    • The Last 5 Year average price is £284,147 with Total Sold: 167
    • The most recent sale happened at this postcode is , 45 BEVERLEY CLOSE: £280,000 (Sold on 12 Aug 2024)
    • The first recorded sale happened at this postcode is , 25 NIGHTINGALE CLOSE: £49,000 (Sold on 06 Jan 1995)
  • Other
    • The average price is around £129,105 median price is £12,000 Standard Deviation is £162,665 with Total Sold: 19
    • The Last 5 Year average price is £157,461 with Total Sold: 13
    • The most recent sale happened at this postcode is , 66 WHEATCROFT GROVE: £311,000 (Sold on 25 Mar 2024)
    • The first recorded sale happened at this postcode is GARAGE, 106 PLOUGHMANS WAY: £7,000 (Sold on 10 Jan 2017)
  • Flat
    • The average price is around £174,154 median price is £187,500 Standard Deviation is £54,133 with Total Sold: 70
    • The Last 5 Year average price is £205,615 with Total Sold: 13
    • The most recent sale happened at this postcode is , 2B NORREYS ROAD: £187,500 (Sold on 27 Jun 2023)
    • The first recorded sale happened at this postcode is , 68 KENILWORTH DRIVE: £44,800 (Sold on 26 Nov 1999)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£463,750 £4,808 4
2023£489,286 £3,899 7
2022£483,250 £5,226 4
2021£485,625 £4,289 20
2020£396,874 £4,012 8
2019£461,466 £3,942 15
2018£459,839 £3,858 19
2017£379,625 £3,576 12
2016£329,778 £3,484 9
2015£321,720 £2,859 5
2014£297,143 £2,980 7
2013£282,333 £2,869 6
2012£257,374 £2,478 8
2011£285,062 £2,352 8
2010£272,550 £2,666 9
2009£230,500 £2,136 4
2008£221,750 £2,362 4
2007£245,000 £2,448 12
2006£259,749 £2,350 12
2005£269,064 £2,497 7
2004£251,611 £2,781 9
2003£231,889 £1,941 14
2002£188,419 £1,765 16
2001£169,090 £1,488 11
2000£151,113 £1,364 26
1999£128,190 £1,112 5
1998£106,531 £1,011 16
1997£89,749 £767 8
1996£97,745 £798 10
1995£92,500 £737 5
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£327,820 £4,002 15
2023£375,000 £4,563 27
2022£382,137 £4,698 31
2021£347,429 £4,099 39
2020£300,613 £3,832 31
2019£292,667 £3,837 42
2018£321,650 £3,720 30
2017£302,424 £3,803 33
2016£285,491 £3,332 54
2015£244,679 £2,946 39
2014£231,917 £2,598 36
2013£205,380 £2,368 25
2012£190,579 £2,456 38
2011£192,580 £2,290 31
2010£205,711 £2,276 19
2009£179,836 £2,246 26
2008£194,176 £2,445 25
2007£211,055 £2,442 45
2006£187,398 £2,155 55
2005£175,359 £2,065 36
2004£177,027 £2,081 37
2003£159,939 £2,199 42
2002£126,321 £1,604 40
2001£114,097 £1,340 49
2000£102,211 £1,204 39
1999£87,844 £970 45
1998£75,024 £971 38
1997£70,751 £801 61
1996£62,766 £794 46
1995£62,092 £814 38
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£304,667 £4,451 12
2023£307,386 £4,023 22
2022£312,039 £3,815 28
2021£278,404 £3,578 45
2020£269,438 £3,298 36
2019£252,875 £3,419 24
2018£260,838 £3,264 37
2017£249,135 £3,223 44
2016£225,550 £2,940 40
2015£197,164 £2,628 36
2014£197,169 £2,372 37
2013£165,336 £2,129 35
2012£156,337 £2,018 35
2011£158,447 £2,016 19
2010£161,071 £1,962 28
2009£150,215 £1,860 31
2008£173,658 £2,158 19
2007£170,904 £2,200 43
2006£159,363 £2,086 66
2005£153,024 £1,980 41
2004£148,571 £2,056 33
2003£129,766 £1,786 41
2002£109,705 £1,450 50
2001£91,000 £1,129 62
2000£77,841 £1,053 60
1999£66,284 £868 60
1998£60,730 £801 59
1997£55,769 £727 59
1996£52,733 £683 48
1995£51,436 £659 29
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£311,000 £3,987 1
2023£143,667 £3,841 3
2022£8,6252
2021£144,915 £2,508 3
2020£282,000 £3,075 3
2019£7,0001
2018£18,1673
2017£117,167 £3,221 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£187,500 £3,347 1
2022£206,167 £3,442 3
2021£246,665 £3,524 3
2020£186,500 £5,237 2
2019£188,500 £3,189 4
2018£220,120 £3,496 21
2017£194,083 £3,192 6
2016£189,167 £2,715 3
2015£175,000 £2,539 2
2014£142,500 £2,127 1
2011£121,000 £2,420 1
2008£135,000 £5,296 1
2007£151,000 £2,577 2
2006£134,165 £2,286 3
2005£113,800 £2,823 5
2004£118,122 £1,929 4
2001£89,143 £1,679 7
1999£44,800 £396 1

House Type in ME8 8JR area

The most common house types in the ME8 8JR postcode area are Semi-detached (68), Terraced (60), and Detached (9).

Total138
Semi-detached68
Terraced60
Detached9
temporary structure1
Flat0
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 (58), and Owned: Owns outright (52).

Owned: Owns with a mortgage or loan58
Owned: Owns outright52
Private rented: Private landlord or letting agency22
Private rented: Other private rented3
Shared ownership: Shared ownership1
Social rented: Other social rented1
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the ME8 8JR have 2 people in household (47), and 3 people in household (32).

2 people in household47
3 people in household32
4 people in household31
1 person in household24
5 people in household4
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0