Housing Market Analysis for LOVELACE CLOSE, ME8 9QN

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £175,799 median price is £185,000 Standard Deviation is £63,049 with Total Sold: 5
    • The most recent sale happened at this postcode is 27 LOVELACE CLOSE: £272,000 (Sold on 31 Jul 2017)
    • The first recorded sale happened at this postcode is 27 LOVELACE CLOSE: £74,995 (Sold on 12 Oct 1999)
  • Detached
    • The average price is around £190,748 median price is £190,748 Standard Deviation is £34,248 with Total Sold: 2
    • The most recent sale happened at this postcode is 26 LOVELACE CLOSE: £224,995 (Sold on 10 Aug 2010)
    • The first recorded sale happened at this postcode is 26 LOVELACE CLOSE: £156,500 (Sold on 17 Jun 2002)
  • Semi-Detached
    • The average price is around £73,000 median price is £73,000 Standard Deviation is £13,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 39 LOVELACE CLOSE: £86,000 (Sold on 07 Jun 2000)
    • The first recorded sale happened at this postcode is 33 LOVELACE CLOSE: £60,000 (Sold on 07 Mar 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average ME8 9QN 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
2017£272,000 £3,091 1
2015£185,000 £2,256 1
2013£187,000 £2,125 1
2006£160,000 £1,818 1
1999£74,995 £852 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2010£224,995 £2,123 1
2002£156,500 £1,477 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2000£86,0001
1996£60,000 £439 1

All the Sales in the LOVELACE CLOSE, ME8 9QN

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

AddressSold DatePrice% Change
27 LOVELACE CLOSETerraced, FreeholdArea: 88 Sq.mtrAge: 1967-197531 Jul 2017£272,00045.45%
29 Nov 2013£187,00016.88%
07 Jun 2006£160,000113.35%
12 Oct 1999£74,995First Sale
29 LOVELACE CLOSETerraced, FreeholdArea: 82 Sq.mtrAge: 1967-197512 Jun 2015£185,000First Sale
26 LOVELACE CLOSEDetached, FreeholdArea: 105.97 Sq.mtrAge: 1967-197510 Aug 2010£224,99543.77%
17 Jun 2002£156,500First Sale
39 LOVELACE CLOSESemi-Detached, Freehold07 Jun 2000£86,000First Sale
33 LOVELACE CLOSESemi-Detached, FreeholdArea: 136.68 Sq.mtrAge: 1967-197507 Mar 1996£60,000First Sale

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

LOVELACE CLOSE, ME8 9QN Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £171,020 median price is £162,500 Standard Deviation is £88,327 with Total Sold: 725
    • The Last 5 Year average price is £314,735 with Total Sold: 83
    • 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)
  • Terraced
    • The average price is around £143,228 median price is £137,500 Standard Deviation is £76,655 with Total Sold: 1,819
    • The Last 5 Year average price is £258,996 with Total Sold: 286
    • The most recent sale happened at this postcode is , 93 BURNHAM WALK: £275,000 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is , 21 HUNSTANTON CLOSE: £42,000 (Sold on 20 Jan 1995)
  • Detached
    • The average price is around £233,684 median price is £217,500 Standard Deviation is £125,044 with Total Sold: 577
    • The Last 5 Year average price is £394,023 with Total Sold: 87
    • The most recent sale happened at this postcode is , 34 HAWBECK ROAD: £375,000 (Sold on 07 Jun 2024)
    • The first recorded sale happened at this postcode is , 7 BAYSWATER DRIVE: £92,000 (Sold on 06 Jan 1995)
  • Flat
    • The average price is around £92,981 median price is £95,000 Standard Deviation is £44,516 with Total Sold: 445
    • The Last 5 Year average price is £157,426 with Total Sold: 61
    • 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 £154,925 median price is £160,000 Standard Deviation is £132,830 with Total Sold: 12
    • The Last 5 Year average price is £230,000 with Total Sold: 6
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£383,6254
2023£331,346 £4,285 13
2022£360,778 £4,105 9
2021£315,176 £3,570 17
2020£294,929 £3,311 21
2019£288,553 £3,315 19
2018£324,022 £3,344 18
2017£279,064 £2,883 14
2016£259,062 £2,926 24
2015£239,088 £2,668 17
2014£214,669 £2,418 21
2013£210,381 £2,349 21
2012£184,969 £2,137 16
2011£175,614 £2,080 22
2010£190,360 £2,007 20
2009£169,736 £1,985 18
2008£186,916 £2,056 14
2007£195,264 £2,257 36
2006£177,587 £2,050 48
2005£183,508 £2,043 29
2004£160,577 £1,939 22
2003£127,709 £1,642 38
2002£131,543 £1,443 44
2001£102,141 £1,114 36
2000£95,372 £1,063 40
1999£83,189 £925 29
1998£76,018 £830 27
1997£67,005 £799 28
1996£62,152 £659 31
1995£62,362 £701 29
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£272,682 £3,941 22
2023£284,092 £3,577 38
2022£285,127 £3,750 41
2021£255,113 £3,344 75
2020£244,375 £3,001 46
2019£237,710 £3,125 64
2018£240,295 £2,991 44
2017£228,800 £2,919 60
2016£217,558 £2,828 65
2015£187,630 £2,457 69
2014£165,780 £2,225 51
2013£152,422 £1,984 48
2012£148,884 £1,888 43
2011£142,999 £1,925 39
2010£150,924 £1,900 33
2009£145,403 £1,878 31
2008£155,913 £2,167 29
2007£165,699 £2,122 70
2006£147,281 £1,884 73
2005£140,012 £1,802 58
2004£133,391 £1,711 73
2003£121,207 £1,591 74
2002£98,688 £1,300 84
2001£82,934 £1,119 96
2000£70,814 £968 72
1999£63,210 £841 90
1998£56,331 £735 97
1997£53,826 £679 95
1996£46,227 £613 82
1995£47,812 £609 57
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£407,833 £3,839 6
2023£363,455 £5,023 11
2022£446,676 £4,257 17
2021£374,056 £3,986 18
2020£394,184 £3,925 19
2019£376,188 £3,387 16
2018£357,614 £3,603 21
2017£352,778 £3,773 18
2016£371,735 £3,132 17
2015£272,107 £3,017 28
2014£255,640 £2,704 25
2013£231,902 £2,614 21
2012£256,421 £2,389 19
2011£207,863 £2,310 15
2010£234,222 £2,241 11
2009£206,416 £2,594 12
2008£238,167 £2,277 12
2007£277,468 £2,519 16
2006£250,857 £2,343 28
2005£202,961 £2,047 13
2004£248,820 £2,334 17
2003£230,833 £1,911 9
2002£181,398 £1,691 30
2001£139,514 £1,382 29
2000£137,216 £1,134 27
1999£117,075 £988 30
1998£108,149 £830 25
1997£89,507 £1,045 33
1996£78,708 £876 24
1995£93,400 £767 10
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£120,000 £2,985 1
2023£185,571 £3,022 7
2022£159,250 £3,266 14
2021£155,719 £3,040 16
2020£152,417 £2,963 12
2019£148,545 £2,866 11
2018£155,150 £2,853 10
2017£152,393 £2,833 14
2016£124,458 £2,520 19
2015£121,250 £2,303 10
2014£117,566 £2,168 15
2013£95,786 £2,012 7
2012£101,417 £1,837 6
2011£93,357 £1,789 7
2010£101,375 £1,998 8
2009£91,500 £2,366 2
2008£120,955 £2,319 11
2007£115,336 £2,602 29
2006£108,589 £2,265 14
2005£105,577 £2,034 13
2004£100,944 £2,080 18
2003£90,018 £1,822 23
2002£70,206 £1,443 26
2001£54,810 £1,178 28
2000£51,126 £1,080 25
1999£43,931 £915 25
1998£40,032 £781 23
1997£35,899 £702 20
1996£31,350 £652 15
1995£32,531 £639 16
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£305,000 £3,631 1
2022£222,500 £4,032 2
2021£30,0001
2020£300,000 £2,875 2
2018£116,625 £1,691 4
2017£6,300 £8 2

House Type in ME8 9QN area

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

Total109
Terraced55
Detached26
Semi-detached11
Flat9
commercial building8
Shared house0
converted building0
temporary structure0

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 outright47
Owned: Owns with a mortgage or loan33
Private rented: Private landlord or letting agency21
Private rented: Other private rented2
Shared ownership: Shared ownership1
Social rented: Rents from council or Local Authority1
Social rented: Other social rented1
Does not apply0
Lives rent free0

Number of People in a Household

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

2 people in household34
1 person in household25
4 people in household23
3 people in household18
5 people in household5
6 people in household1
7 people in household1
0 people in household0
8 or more people in household0