Housing Market Analysis for READSCROFT ROAD, ME8 9QJ

Are you looking to understand ME8 9QJ 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 9QJ area, explore the ME8 9QJ Area information page.
For comprehensive crime statistics in the ME8 9QJ area, explore the ME8 9QJ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME8 9QJ postcode area, The average prices are as follows,

Terraced
- The average price is around £145,166 median price is £135,000 Standard Deviation is £71,953 with Total Sold: 27
- The Last 5 Year average price is £241,000 with Total Sold: 4
- The most recent sale happened at this postcode is 5 READSCROFT ROAD: £292,500 (Sold on 10 Jun 2022)
- The first recorded sale happened at this postcode is 7 READSCROFT ROAD: £52,000 (Sold on 10 Jun 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average ME8 9QJ 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
2022	£292,500	£3,799	1
2021	£224,500	£2,796	2
2020	£222,500	£3,048	1
2018	£228,000	£2,850	1
2016	£245,000	£2,408	2
2015	£180,000	£2,466	1
2012	£144,000	£1,735	1
2009	£175,000	£1,724	2
2007	£159,833	£2,000	3
2004	£126,248	£1,653	2
2003	£124,995		1
2002	£94,995	£1,187	1
2001	£77,000	£900	3
2000	£75,250	£880	2
1999	£75,000	£605	1
1998	£56,000		1
1997	£47,000		1
1996	£52,000	£634	1

All the Sales in the READSCROFT ROAD, ME8 9QJ

See the table below for more details on the sold house prices in the ME8 9QJ, Medway postcode.

Address	Sold Date	Price	% Change
5 READSCROFT ROADTerraced, FreeholdArea: 77 Sq.mtrAge: 1967-1975	10 Jun 2022	£292,500	50.77%
	25 Nov 2021	£194,000	First Sale
7 READSCROFT ROADTerraced, FreeholdArea: 83 Sq.mtrAge: 1991-1995	30 Jul 2021	£255,000	77.08%
	05 Nov 2012	£144,000	-10.56%
	07 Dec 2007	£161,000	209.62%
	10 Jun 1996	£52,000	First Sale
15 READSCROFT ROADTerraced, FreeholdArea: 73 Sq.mtrAge: 1976-1982	13 Feb 2020	£222,500	23.61%
	23 Jul 2015	£180,000	43.43%
	23 Apr 2004	£125,500	109.17%
	30 Mar 2001	£60,000	First Sale
19 READSCROFT ROADTerraced, FreeholdArea: 80 Sq.mtrAge: 1967-1975	23 Feb 2018	£228,000	16.92%
	25 Jan 2016	£195,000	19.63%
	30 Oct 2007	£163,000	28.35%
	01 Jun 2004	£126,995	33.69%
	23 Aug 2002	£94,995	First Sale
21 READSCROFT ROADTerraced, FreeholdArea: 124 Sq.mtrAge: 1967-1975	08 Jul 2016	£295,000	293.33%
	29 Mar 1999	£75,000	First Sale
3 READSCROFT ROADTerraced, FreeholdArea: 86.4 Sq.mtrAge: 1967-1975	02 Oct 2009	£135,000	59.76%
	26 Jun 2001	£84,500	11.18%
	28 Apr 2000	£76,000	First Sale
1 READSCROFT ROADTerraced, FreeholdArea: 114 Sq.mtrAge: 1976-1982	17 Sep 2009	£215,000	First Sale
11 READSCROFT ROADTerraced, Freehold	09 Nov 2007	£155,500	177.68%
11 READSCROFT ROADTerraced, Freehold	27 Jul 1998	£56,000	First Sale
13 READSCROFT ROADTerraced, Freehold	24 Jul 2003	£124,995	44.50%
	30 May 2001	£86,500	84.04%
	31 Jul 1997	£47,000	First Sale
17 READSCROFT ROADTerraced, Freehold	31 May 2000	£74,500	First Sale

Check out the sold house prices near the ME8 9QJ postcode. Properties currently for saleProperties currently for rent

READSCROFT ROAD, ME8 9QJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME8 9QJ 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 9QJ postcode.

Semi-Detached
- The average price is around £175,450 median price is £167,000 Standard Deviation is £90,633 with Total Sold: 645
- The Last 5 Year average price is £321,397 with Total Sold: 73
- The most recent sale happened at this postcode is , 10 CHISLET WALK: £325,000 (Sold on 09 Sep 2024)
- The first recorded sale happened at this postcode is , 495 MAIDSTONE ROAD: £88,000 (Sold on 20 Jan 1995)
Detached
- The average price is around £239,979 median price is £222,750 Standard Deviation is £129,752 with Total Sold: 644
- The Last 5 Year average price is £409,461 with Total Sold: 89
- The most recent sale happened at this postcode is , 7 DE MERE CLOSE: £495,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 1 WOODPECKER GLADE: £71,000 (Sold on 30 Jan 1995)
Terraced
- The average price is around £140,919 median price is £135,000 Standard Deviation is £75,627 with Total Sold: 1,602
- The Last 5 Year average price is £258,052 with Total Sold: 246
- The most recent sale happened at this postcode is , 8 CONYERS WALK: £280,000 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 355 LONSDALE DRIVE: £53,000 (Sold on 04 Jan 1995)
Flat
- The average price is around £93,685 median price is £97,000 Standard Deviation is £44,591 with Total Sold: 398
- The Last 5 Year average price is £158,593 with Total Sold: 54
- The most recent sale happened at this postcode is , 15 FINDLAY CLOSE: £120,000 (Sold on 23 Feb 2024)
- The first recorded sale happened at this postcode is , 55 BOND ROAD: £31,500 (Sold on 06 Jan 1995)
Other
- The average price is around £141,080 median price is £137,878 Standard Deviation is £128,590 with Total Sold: 12
- The Last 5 Year average price is £175,122 with Total Sold: 7
- The most recent sale happened at this postcode is , 41 QUEENDOWN AVENUE: £305,000 (Sold on 03 Feb 2023)
- The first recorded sale happened at this postcode is , 22 PEVEREL GREEN: £600 (Sold on 26 Jul 2017)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£354,900		5
2023	£337,955	£4,453	11
2022	£363,375	£4,107	8
2021	£324,562	£3,536	16
2020	£306,147	£3,484	17
2019	£291,594	£3,372	16
2018	£339,154	£3,373	13
2017	£313,783	£3,563	12
2016	£259,087	£3,098	23
2015	£238,818	£2,624	11
2014	£221,700	£2,499	20
2013	£208,260	£2,442	25
2012	£195,233	£2,209	15
2011	£179,280	£2,113	25
2010	£186,484	£2,153	19
2009	£175,350	£2,027	15
2008	£191,860	£2,022	10
2007	£201,112	£2,250	40
2006	£179,585	£2,155	35
2005	£190,009	£2,013	28
2004	£153,875	£1,931	16
2003	£138,742	£1,684	35
2002	£133,065	£1,425	37
2001	£106,973	£1,145	33
2000	£98,528	£1,092	31
1999	£84,814	£978	27
1998	£79,661	£941	25
1997	£69,607	£823	27
1996	£62,491	£683	29
1995	£64,309	£740	21

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£453,200		5
2023	£441,917	£5,200	12
2022	£445,472	£4,267	18
2021	£394,650	£3,928	20
2020	£393,300	£3,974	15
2019	£371,684	£3,555	19
2018	£360,541	£3,711	22
2017	£357,246	£3,806	23
2016	£392,605	£3,079	19
2015	£286,919	£3,003	37
2014	£255,940	£2,737	25
2013	£244,128	£2,608	27
2012	£252,636	£2,387	22
2011	£213,144	£2,264	17
2010	£243,149	£2,443	13
2009	£202,454	£2,658	11
2008	£238,167	£2,277	12
2007	£274,763	£2,491	19
2006	£248,017	£2,345	29
2005	£226,088	£2,115	17
2004	£252,320	£2,241	17
2003	£241,722	£1,953	18
2002	£186,513	£1,789	33
2001	£152,443	£1,452	37
2000	£134,625	£1,048	29
1999	£117,877	£953	29
1998	£114,937	£834	28
1997	£91,394	£1,038	33
1996	£79,688	£857	24
1995	£92,964	£800	14

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£269,111	£3,915	18
2023	£283,074	£3,564	34
2022	£283,838	£3,768	37
2021	£253,484	£3,293	64
2020	£241,457	£2,965	41
2019	£238,223	£3,062	52
2018	£240,720	£3,041	41
2017	£224,465	£2,827	42
2016	£214,795	£2,810	55
2015	£183,722	£2,405	54
2014	£163,706	£2,204	46
2013	£149,971	£2,006	43
2012	£148,738	£1,901	42
2011	£143,179	£1,875	35
2010	£151,000	£1,904	28
2009	£142,985	£1,876	33
2008	£154,340	£2,121	25
2007	£165,228	£2,136	59
2006	£145,640	£1,868	68
2005	£138,503	£1,781	53
2004	£132,008	£1,689	66
2003	£119,727	£1,591	70
2002	£99,932	£1,285	76
2001	£82,343	£1,103	82
2000	£71,764	£961	63
1999	£64,249	£842	88
1998	£55,655	£723	75
1997	£53,158	£671	80
1996	£45,750	£606	82
1995	£48,227	£593	50

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£120,000	£2,985	1
2023	£185,571	£3,022	7
2022	£163,750	£3,292	10
2021	£156,607	£3,039	14
2020	£152,417	£2,963	12
2019	£148,600	£2,850	10
2018	£155,167	£2,835	9
2017	£150,269	£2,750	13
2016	£126,180	£2,562	15
2015	£121,250	£2,303	10
2014	£117,566	£2,168	15
2013	£95,786	£2,012	7
2012	£102,900	£1,785	5
2011	£95,400	£1,816	5
2010	£103,714	£2,008	7
2009	£97,000	£2,366	1
2008	£124,278	£2,291	9
2007	£116,404	£2,628	26
2006	£108,589	£2,265	14
2005	£107,850	£2,059	10
2004	£101,470	£2,082	17
2003	£90,474	£1,822	22
2002	£70,451	£1,451	23
2001	£55,966	£1,201	24
2000	£51,464	£1,080	24
1999	£44,053	£922	24
1998	£40,812	£783	20
1997	£36,655	£717	16
1996	£31,518	£652	14
1995	£32,857	£643	14

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£305,000	£3,631	1
2022	£181,919	£2,828	3
2021	£30,000		1
2020	£172,550	£2,875	2
2018	£116,625	£1,691	4
2017	£600	£8	1

House Type in ME8 9QJ area

The most common house types in the ME8 9QJ postcode area are Terraced (55), Detached (26), and Semi-detached (11).

Total	109
Terraced	55
Detached	26
Semi-detached	11
Flat	9
commercial building	8
Shared house	0
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (47), and Owned: Owns with a mortgage or loan (33).

Owned: Owns outright	47
Owned: Owns with a mortgage or loan	33
Private rented: Private landlord or letting agency	21
Private rented: Other private rented	2
Shared ownership: Shared ownership	1
Social rented: Rents from council or Local Authority	1
Social rented: Other social rented	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the ME8 9QJ have 2 people in household (34), and 1 person in household (25).

2 people in household	34
1 person in household	25
4 people in household	23
3 people in household	18
5 people in household	5
6 people in household	1
7 people in household	1
0 people in household	0
8 or more people in household	0