Housing Market Analysis for OTTERHAM QUAY LANE, ME8 8LL

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £415,167 median price is £417,500 Standard Deviation is £65,687 with Total Sold: 6
    • The Last 5 Year average price is £485,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 13 OTTERHAM QUAY LANE: £485,000 (Sold on 27 Jun 2019)
    • The first recorded sale happened at this postcode is 9 OTTERHAM QUAY LANE: £377,500 (Sold on 03 Sep 2004)
  • Semi-Detached
    • The average price is around £209,975 median price is £209,975 Standard Deviation is £40,025 with Total Sold: 2
    • The most recent sale happened at this postcode is 5 OTTERHAM QUAY LANE: £250,000 (Sold on 12 Dec 2011)
    • The first recorded sale happened at this postcode is 7 OTTERHAM QUAY LANE: £169,950 (Sold on 26 Oct 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average ME8 8LL 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
2019£485,000 £4,575 1
2015£490,000 £4,083 1
2014£374,250 £2,831 2
2007£390,000 £2,453 1
2004£377,500 £2,374 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2011£250,000 £2,150 1
2001£169,950 £1,180 1

All the Sales in the OTTERHAM QUAY LANE, ME8 8LL

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

AddressSold DatePrice% Change
13 OTTERHAM QUAY LANEDetached, FreeholdArea: 106 Sq.mtrAge: 1950-196627 Jun 2019£485,00059.80%
17 Apr 2014£303,500First Sale
3 OTTERHAM QUAY LANEDetached, FreeholdArea: 120 Sq.mtrAge: 1950-196612 Aug 2015£490,000First Sale
9 OTTERHAM QUAY LANEDetached, FreeholdArea: 159 Sq.mtrAge: 1967-197514 Apr 2014£445,00014.10%
17 Aug 2007£390,0003.31%
03 Sep 2004£377,500First Sale
5 OTTERHAM QUAY LANESemi-Detached, FreeholdArea: 116.26 Sq.mtrAge: 1930-194912 Dec 2011£250,000First Sale
7 OTTERHAM QUAY LANESemi-Detached, FreeholdArea: 144 Sq.mtrAge: 1950-196626 Oct 2001£169,950First Sale

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

OTTERHAM QUAY LANE, ME8 8LL Near By properties

Interactive Map

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

  • Detached
    • The average price is around £338,127 median price is £384,995 Standard Deviation is £170,960 with Total Sold: 144
    • The Last 5 Year average price is £476,743 with Total Sold: 53
    • The most recent sale happened at this postcode is , 2 BRAMLING WAY: £525,000 (Sold on 23 Sep 2024)
    • The first recorded sale happened at this postcode is , MOORLAND SEYMOUR ROAD: £180,000 (Sold on 19 Jan 1995)
  • Flat
    • The average price is around £86,995 median price is £89,748 Standard Deviation is £42,161 with Total Sold: 396
    • The Last 5 Year average price is £150,163 with Total Sold: 60
    • The most recent sale happened at this postcode is , 20 MERESBOROUGH ROAD: £150,000 (Sold on 20 Sep 2024)
    • The first recorded sale happened at this postcode is 54, OLD ORCHARD COURT THE OLD ORCHARD: £33,000 (Sold on 10 Mar 1995)
  • Semi-Detached
    • The average price is around £181,262 median price is £162,500 Standard Deviation is £105,524 with Total Sold: 453
    • The Last 5 Year average price is £324,992 with Total Sold: 68
    • The most recent sale happened at this postcode is , 21 OASTVIEW: £335,000 (Sold on 27 Aug 2024)
    • The first recorded sale happened at this postcode is , 25 CHICHESTER CLOSE: £67,000 (Sold on 20 Jan 1995)
  • Terraced
    • The average price is around £157,243 median price is £147,500 Standard Deviation is £83,189 with Total Sold: 842
    • The Last 5 Year average price is £275,213 with Total Sold: 142
    • The most recent sale happened at this postcode is , 41 MARDALE CLOSE: £277,500 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 293 HIGH STREET: £29,500 (Sold on 14 Jan 1995)
  • Other
    • The average price is around £969,797 median price is £554,862 Standard Deviation is £1,469,662 with Total Sold: 12
    • The Last 5 Year average price is £941,004 with Total Sold: 2
    • The most recent sale happened at this postcode is , 194 HIGH STREET: £1,302,009 (Sold on 06 Mar 2020)
    • The first recorded sale happened at this postcode is , 173 HIGH STREET: £175,000 (Sold on 01 Jun 2016)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£450,625 £4,543 4
2023£481,250 £3,857 4
2022£460,000 £5,349 1
2021£449,750 £4,027 12
2020£525,997 £3,662 5
2019£483,440 £4,127 27
2018£453,433 £4,003 16
2016£335,250 £3,218 2
2015£352,500 £3,413 2
2014£319,875 £2,644 4
2013£245,000 £2,548 3
2012£243,625 £2,370 4
2011£315,000 £3,008 2
2010£319,000 £1,275 2
2009£318,500 £2,471 2
2008£385,000 £3,188 4
2007£245,000 £2,453 3
2006£328,333 £2,790 3
2005£205,000 £3,727 1
2004£287,625 £2,171 4
2003£291,665 £1,923 3
2002£275,0001
2001£174,000 £1,052 3
2000£160,083 £1,204 6
1999£166,2502
1998£64,375 £833 4
1997£87,750 £536 4
1996£111,833 £690 9
1995£100,429 £640 7
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£149,5006
2023£158,364 £3,169 11
2022£155,455 £3,001 11
2021£154,466 £3,015 15
2020£137,442 £3,177 12
2019£138,900 £2,880 5
2018£136,857 £3,017 7
2017£136,778 £2,579 9
2016£122,670 £2,401 10
2015£111,594 £2,317 16
2014£105,538 £2,121 17
2013£92,911 £1,741 17
2012£93,625 £1,639 8
2011£85,333 £1,458 3
2010£81,917 £1,632 6
2009£88,125 £1,796 8
2008£98,277 £2,020 9
2007£108,052 £2,132 19
2006£100,281 £1,997 16
2005£95,999 £1,896 18
2004£91,550 £1,814 10
2003£82,799 £1,680 15
2002£62,674 £1,301 20
2001£52,404 £1,018 21
2000£44,969 £859 25
1999£38,300 £767 20
1998£35,336 £642 14
1997£31,658 £638 23
1996£27,636 £534 11
1995£33,231 £719 14
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£309,7504
2023£345,389 £4,231 9
2022£382,571 £3,869 7
2021£325,091 £3,886 11
2020£262,091 £3,415 11
2019£331,344 £3,596 26
2018£352,046 £3,146 21
2017£273,236 £3,273 11
2016£244,897 £3,208 15
2015£237,250 £2,860 8
2014£202,687 £2,224 8
2013£209,875 £2,126 8
2012£165,321 £1,845 14
2011£183,500 £1,903 11
2010£174,375 £2,227 8
2009£171,500 £2,087 8
2008£192,222 £1,868 9
2007£180,280 £2,076 25
2006£178,630 £2,104 23
2005£164,045 £2,053 22
2004£168,764 £1,993 17
2003£148,347 £1,828 23
2002£126,161 £1,441 27
2001£106,218 £1,132 19
2000£88,931 £1,070 19
1999£82,154 £829 18
1998£73,846 £744 17
1997£65,420 £795 24
1996£69,810 £709 16
1995£62,214 £657 14
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£271,909 £3,235 11
2023£303,018 £3,613 28
2022£301,810 £3,763 21
2021£272,074 £3,240 37
2020£259,824 £3,060 17
2019£242,250 £2,844 28
2018£232,310 £2,780 29
2017£248,667 £2,916 35
2016£222,480 £2,600 28
2015£187,096 £2,339 34
2014£177,116 £2,072 29
2013£151,984 £1,818 23
2012£158,500 £1,789 23
2011£146,444 £1,787 27
2010£143,233 £1,782 15
2009£151,938 £1,726 16
2008£159,808 £1,871 13
2007£168,235 £1,979 34
2006£149,426 £1,818 34
2005£158,499 £1,909 41
2004£139,978 £1,781 23
2003£123,874 £1,597 26
2002£105,407 £1,330 39
2001£84,792 £1,030 42
2000£71,551 £958 28
1999£64,779 £781 32
1998£59,530 £759 33
1997£53,930 £641 36
1996£51,872 £597 30
1995£48,288 £654 30
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£1,302,0091
2019£580,0001
2018£278,888 £2,589 4
2017£1,693,000 £2,843 5
2016£175,000 £3,646 1

House Type in ME8 8LL area

The most common house types in the ME8 8LL postcode area are Terraced (53), Semi-detached (48), and Flat (29).

Total150
Terraced53
Semi-detached48
Flat29
Detached16
Shared house3
commercial building1
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (46), and Owned: Owns with a mortgage or loan (41).

Private rented: Private landlord or letting agency46
Owned: Owns with a mortgage or loan41
Owned: Owns outright34
Social rented: Rents from council or Local Authority19
Social rented: Other social rented5
Private rented: Other private rented2
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the ME8 8LL have 1 person in household (51), and 2 people in household (41).

1 person in household51
2 people in household41
3 people in household29
4 people in household17
5 people in household7
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0