Housing Market Analysis for OTTERHAM QUAY LANE, ME8 8ND

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £295,000 median price is £295,000 Standard Deviation is £90,000 with Total Sold: 2
    • The Last 5 Year average price is £385,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 29A OTTERHAM QUAY LANE: £385,000 (Sold on 27 Jul 2023)
    • The first recorded sale happened at this postcode is 29A OTTERHAM QUAY LANE: £205,000 (Sold on 06 Aug 2004)
  • Terraced
    • The average price is around £158,300 median price is £151,000 Standard Deviation is £67,920 with Total Sold: 15
    • The Last 5 Year average price is £263,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 53 OTTERHAM QUAY LANE: £222,000 (Sold on 31 Jul 2020)
    • The first recorded sale happened at this postcode is 51 OTTERHAM QUAY LANE: £305,000 (Sold on 17 Nov 2023)
  • Semi-Detached
    • The average price is around £87,950 median price is £87,950 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 55 OTTERHAM QUAY LANE: £87,950 (Sold on 12 Jul 2001)
    • The first recorded sale happened at this postcode is 55 OTTERHAM QUAY LANE: £87,950 (Sold on 12 Jul 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average ME8 8ND 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
2023£385,000 £3,598 1
2004£205,000 £1,916 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£222,000 £2,643 1
2018£225,000 £2,611 1
2017£230,000 £2,669 1
2014£181,500 £2,107 1
2013£130,000 £1,605 1
2012£150,000 £1,737 1
2009£170,000 £1,560 1
2007£163,750 £1,718 2
2006£151,000 £1,753 1
2002£96,000 £1,143 1
2001£76,500 £886 1
1998£60,0001
1996£50,000 £595 1
2023£305,000 £3,631 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2001£87,950 £1,019 1

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

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

AddressSold DatePrice% Change
29A OTTERHAM QUAY LANEDetached, FreeholdArea: 107 Sq.mtrAge: 1967-197527 Jul 2023£385,00087.80%
06 Aug 2004£205,000First Sale
53 OTTERHAM QUAY LANETerraced, FreeholdArea: 84 Sq.mtrAge: 1967-197531 Jul 2020£222,000First Sale
49 OTTERHAM QUAY LANETerraced, FreeholdArea: 86.16 Sq.mtrAge: 1967-197522 Aug 2018£225,000-2.17%
26 Sep 2017£230,00026.72%
17 Oct 2014£181,50020.20%
24 May 2006£151,000First Sale
35 OTTERHAM QUAY LANETerraced, FreeholdArea: 81 Sq.mtrAge: 1950-196622 Mar 2013£130,000First Sale
55 OTTERHAM QUAY LANETerraced, FreeholdArea: 86.34 Sq.mtrAge: 1967-197522 Jun 2012£150,00070.55%
12 Jul 2001£87,950First Sale
29 OTTERHAM QUAY LANETerraced, FreeholdArea: 109 Sq.mtrAge: 1950-196630 Jan 2009£170,000First Sale
39 OTTERHAM QUAY LANETerraced, Freehold26 Jun 2007£178,000First Sale
33 OTTERHAM QUAY LANETerraced, FreeholdArea: 87 Sq.mtrAge: 1976-198201 Feb 2007£149,500First Sale
51 OTTERHAM QUAY LANETerraced, FreeholdArea: 84 Sq.mtrAge: 1967-197508 Apr 2002£96,00092.00%
04 Oct 1996£50,000-83.61%
17 Nov 2023£305,000First Sale
57 OTTERHAM QUAY LANETerraced, FreeholdArea: 86.34 Sq.mtrAge: 1967-197509 Feb 2001£76,500First Sale
47 OTTERHAM QUAY LANETerraced, Freehold06 Jul 1998£60,000First Sale

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

OTTERHAM QUAY LANE, ME8 8ND Near By properties

Interactive Map

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

  • Flat
    • The average price is around £86,140 median price is £86,000 Standard Deviation is £42,636 with Total Sold: 315
    • The Last 5 Year average price is £153,104 with Total Sold: 46
    • 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 FLAT 5, AXFORD COURT, 231 HIGH STREET: £37,500 (Sold on 17 Mar 1995)
  • Semi-Detached
    • The average price is around £160,640 median price is £145,000 Standard Deviation is £95,152 with Total Sold: 511
    • The Last 5 Year average price is £306,300 with Total Sold: 60
    • 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 , 12 BURRSTOCK WAY: £37,950 (Sold on 11 Jan 1995)
  • Terraced
    • The average price is around £146,551 median price is £140,000 Standard Deviation is £78,866 with Total Sold: 1,314
    • The Last 5 Year average price is £268,767 with Total Sold: 190
    • The most recent sale happened at this postcode is , 62 SHOREFIELDS: £285,000 (Sold on 22 Aug 2024)
    • The first recorded sale happened at this postcode is , 18 TEN ACRE WAY: £61,950 (Sold on 06 Jan 1995)
  • Detached
    • The average price is around £193,726 median price is £146,500 Standard Deviation is £122,840 with Total Sold: 370
    • The Last 5 Year average price is £428,917 with Total Sold: 30
    • The most recent sale happened at this postcode is , 64 MOOR PARK CLOSE: £410,000 (Sold on 15 Dec 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 £783,197 median price is £187,500 Standard Deviation is £1,535,141 with Total Sold: 12
    • The Last 5 Year average price is £392,277 with Total Sold: 4
    • The most recent sale happened at this postcode is , 13 BANKY FIELDS CLOSE: £265,000 (Sold on 15 Mar 2021)
    • 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£165,0004
2023£155,000 £3,190 10
2022£161,389 £3,115 9
2021£154,272 £3,175 11
2020£139,830 £3,193 10
2019£142,500 £2,730 2
2018£136,857 £3,017 7
2017£138,875 £2,671 8
2016£119,283 £2,207 6
2015£110,458 £2,399 12
2014£104,410 £2,140 15
2013£91,466 £1,715 15
2012£90,167 £1,575 6
2011£98,000 £1,718 2
2010£79,800 £1,574 5
2009£87,917 £1,724 6
2008£95,874 £2,056 8
2007£107,375 £2,095 16
2006£95,000 £2,035 10
2005£95,142 £1,889 14
2004£87,285 £1,862 7
2003£83,383 £1,710 13
2002£62,087 £1,280 17
2001£50,892 £1,038 14
2000£43,062 £816 20
1999£37,578 £751 19
1998£35,654 £662 12
1997£31,014 £659 17
1996£29,550 £571 10
1995£32,374 £731 10
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£314,833 £3,767 6
2023£311,889 £4,245 9
2022£363,800 £4,222 10
2021£311,615 £3,757 13
2020£257,800 £3,264 10
2019£284,583 £3,100 12
2018£338,150 £3,125 10
2017£279,907 £3,301 15
2016£245,727 £3,003 13
2015£246,444 £2,862 9
2014£196,562 £2,212 8
2013£206,833 £2,165 9
2012£156,464 £1,668 14
2011£173,000 £1,834 12
2010£172,000 £2,016 12
2009£171,950 £2,182 10
2008£182,625 £2,293 12
2007£193,185 £2,120 27
2006£170,590 £2,068 25
2005£161,369 £2,030 23
2004£162,400 £1,835 20
2003£140,436 £1,664 27
2002£121,588 £1,535 27
2001£100,243 £1,296 33
2000£89,732 £1,059 18
1999£80,717 £946 22
1998£70,751 £894 26
1997£67,719 £858 30
1996£64,396 £741 21
1995£57,275 £766 28
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£280,429 £3,235 14
2023£290,458 £3,697 36
2022£295,125 £3,824 28
2021£260,184 £3,492 53
2020£254,978 £3,179 23
2019£243,487 £3,133 36
2018£229,897 £3,030 37
2017£242,645 £3,036 49
2016£219,871 £2,883 44
2015£190,910 £2,497 47
2014£167,136 £2,289 39
2013£150,642 £1,882 36
2012£155,633 £1,804 30
2011£145,125 £1,778 28
2010£146,188 £2,000 24
2009£147,786 £1,949 28
2008£155,815 £2,041 19
2007£163,200 £2,158 60
2006£149,113 £1,916 60
2005£153,718 £2,049 55
2004£136,362 £1,971 40
2003£123,765 £1,729 45
2002£107,639 £1,396 60
2001£82,774 £1,066 62
2000£74,638 £1,079 52
1999£65,535 £895 54
1998£60,331 £852 54
1997£56,080 £806 81
1996£52,713 £748 72
1995£49,071 £756 48
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£381,750 £3,884 4
2022£490,000 £4,712 1
2021£438,694 £4,164 18
2020£406,250 £3,285 2
2019£428,300 £4,266 5
2018£440,000 £4,061 5
2017£397,333 £3,691 3
2016£344,429 £3,926 7
2015£336,562 £3,692 8
2014£300,250 £2,960 8
2013£238,357 £3,004 7
2012£240,643 £2,168 7
2011£267,571 £2,668 7
2010£260,667 £2,121 6
2009£280,000 £2,276 5
2008£308,300 £3,081 10
2007£250,500 £2,752 13
2006£271,416 £2,527 12
2005£227,785 £2,957 7
2004£260,125 £2,276 8
2003£224,294 £2,274 17
2002£184,703 £2,045 17
2001£153,210 £1,798 14
2000£125,331 £1,535 18
1999£115,167 £1,191 9
1998£97,463 £1,103 19
1997£94,233 £1,135 25
1996£89,233 £867 56
1995£93,396 £879 52
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£132,750 £1,618 2
2020£1,302,0091
2019£1,600 £16 1
2018£138,562 £2,589 4
2017£2,366,667 £2,843 3
2016£175,000 £3,646 1

House Type in ME8 8ND area

The most common house types in the ME8 8ND 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 8ND 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