Housing Market Analysis for LOVELACE CLOSE, ME8 9QP

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

Overview of Sold House prices

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

Terraced
- The average price is around £167,714 median price is £141,000 Standard Deviation is £76,978 with Total Sold: 7
- The Last 5 Year average price is £325,000 with Total Sold: 1
- The most recent sale happened at this postcode is 11 LOVELACE CLOSE: £325,000 (Sold on 29 Sep 2022)
- The first recorded sale happened at this postcode is 9 LOVELACE CLOSE: £75,000 (Sold on 19 Jan 2001)
Detached
- The average price is around £265,500 median price is £218,500 Standard Deviation is £117,250 with Total Sold: 6
- The Last 5 Year average price is £417,500 with Total Sold: 2
- The most recent sale happened at this postcode is 8 LOVELACE CLOSE: £485,000 (Sold on 26 Nov 2021)
- The first recorded sale happened at this postcode is 4 LOVELACE CLOSE: £143,000 (Sold on 22 Jan 2001)
Semi-Detached
- The average price is around £141,062 median price is £127,250 Standard Deviation is £53,219 with Total Sold: 8
- The most recent sale happened at this postcode is 18 LOVELACE CLOSE: £230,000 (Sold on 21 Jan 2005)
- The first recorded sale happened at this postcode is 7 LOVELACE CLOSE: £58,000 (Sold on 31 Jul 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average ME8 9QP 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	£325,000	£4,392	1
2016	£230,000	£2,805	1
2013	£129,995	£1,884	1
2008	£146,000		1
2006	£134,000	£1,831	2
2001	£75,000	£915	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£485,000	£3,233	1
2019	£350,000	£3,804	1
2011	£212,000	£1,719	1
2006	£225,000	£2,419	1
2001	£160,500	£1,160	2

House Type: Semi-Detached

Year	Avg. Price	Sold
2005	£230,000	1
2004	£213,000	1
2002	£154,000	1
2001	£123,500	2
1999	£119,500	1
1998	£107,000	1
1997	£58,000	1

All the Sales in the LOVELACE CLOSE, ME8 9QP

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

Address	Sold Date	Price	% Change
11 LOVELACE CLOSETerraced, FreeholdArea: 74 Sq.mtrAge: 1967-1975	29 Sep 2022	£325,000	First Sale
8 LOVELACE CLOSEDetached, FreeholdArea: 150 Sq.mtrAge: 1967-1975	26 Nov 2021	£485,000	First Sale
14 LOVELACE CLOSEDetached, FreeholdArea: 92 Sq.mtrAge: 1967-1975	15 Jul 2019	£350,000	First Sale
9 LOVELACE CLOSETerraced, FreeholdArea: 82 Sq.mtrAge: 1967-1975	04 Mar 2016	£230,000	206.67%
	19 Jan 2001	£75,000	First Sale
13 LOVELACE CLOSETerraced, FreeholdArea: 69 Sq.mtrAge: 1967-1975	04 Oct 2013	£129,995	First Sale
4 LOVELACE CLOSEDetached, FreeholdArea: 123.3 Sq.mtrAge: 1967-1975	07 Jul 2011	£212,000	48.25%
	22 Jan 2001	£143,000	First Sale
15 LOVELACE CLOSETerraced, Freehold	17 Oct 2008	£146,000	First Sale
23 LOVELACE CLOSETerraced, FreeholdArea: 77 Sq.mtrAge: 1967-1975	12 Jun 2006	£141,000	First Sale
21 LOVELACE CLOSETerraced, Freehold	09 Mar 2006	£127,000	First Sale
10 LOVELACE CLOSEDetached, FreeholdArea: 93 Sq.mtrAge: 1967-1975	17 Feb 2006	£225,000	First Sale
18 LOVELACE CLOSESemi-Detached, Freehold	21 Jan 2005	£230,000	92.47%
18 LOVELACE CLOSESemi-Detached, Freehold	15 Apr 1999	£119,500	First Sale
20 LOVELACE CLOSESemi-Detached, Freehold	16 Mar 2004	£213,000	38.31%
20 LOVELACE CLOSESemi-Detached, Freehold	28 Mar 2002	£154,000	First Sale
16 LOVELACE CLOSESemi-Detached, Freehold	05 Oct 2001	£135,000	26.17%
16 LOVELACE CLOSESemi-Detached, Freehold	14 Jul 1998	£107,000	First Sale
7 LOVELACE CLOSESemi-Detached, Freehold	27 Jul 2001	£112,000	93.10%
7 LOVELACE CLOSESemi-Detached, Freehold	31 Jul 1997	£58,000	First Sale
24 LOVELACE CLOSEDetached, Freehold	17 Apr 2001	£178,000	First Sale

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

LOVELACE CLOSE, ME8 9QP Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £167,933 median price is £160,000 Standard Deviation is £85,765 with Total Sold: 721
- The Last 5 Year average price is £308,610 with Total Sold: 82
- 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 , 6 DIXWELL CLOSE: £69,000 (Sold on 30 Jan 1995)
Detached
- The average price is around £221,799 median price is £205,000 Standard Deviation is £115,255 with Total Sold: 517
- The Last 5 Year average price is £389,494 with Total Sold: 80
- 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 , 7 BAYSWATER DRIVE: £92,000 (Sold on 06 Jan 1995)
Terraced
- The average price is around £142,851 median price is £137,000 Standard Deviation is £76,642 with Total Sold: 1,817
- The Last 5 Year average price is £259,194 with Total Sold: 284
- 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)
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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£398,333		3
2023	£318,250	£4,305	12
2022	£360,250	£4,048	8
2021	£310,167	£3,482	18
2020	£285,405	£3,292	21
2019	£291,675	£3,324	20
2018	£315,885	£3,181	14
2017	£281,564	£2,902	14
2016	£259,062	£2,926	24
2015	£237,711	£2,698	19
2014	£213,184	£2,419	22
2013	£203,843	£2,304	16
2012	£183,300	£2,085	15
2011	£168,762	£1,998	21
2010	£187,860	£2,001	20
2009	£169,736	£1,985	18
2008	£186,345	£2,085	14
2007	£193,851	£2,253	37
2006	£176,537	£2,019	46
2005	£184,824	£2,043	30
2004	£162,272	£1,946	22
2003	£128,512	£1,653	39
2002	£131,486	£1,458	44
2001	£102,647	£1,113	38
2000	£94,591	£1,044	37
1999	£82,563	£925	31
1998	£76,230	£860	26
1997	£67,262	£776	31
1996	£62,143	£674	33
1995	£61,642	£701	28

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£395,200	£3,839	5
2023	£395,273	£5,026	11
2022	£433,441	£4,359	17
2021	£361,567	£3,925	15
2020	£380,853	£3,945	17
2019	£371,267	£3,367	15
2018	£324,994	£3,662	17
2017	£312,292	£3,819	16
2016	£315,346	£3,003	13
2015	£277,875	£3,028	28
2014	£244,391	£2,613	23
2013	£228,841	£2,568	22
2012	£231,588	£2,361	17
2011	£199,500	£2,268	13
2010	£223,305	£1,928	8
2009	£206,416	£2,594	12
2008	£240,273	£2,381	11
2007	£245,153	£2,432	13
2006	£230,826	£2,413	23
2005	£199,875	£2,238	12
2004	£208,999	£2,417	12
2003	£210,611	£1,861	9
2002	£165,535	£1,745	27
2001	£139,536	£1,426	25
2000	£137,847	£1,220	24
1999	£115,856	£1,035	26
1998	£102,011	£902	21
1997	£84,409	£981	33
1996	£77,432	£820	22
1995	£80,900	£785	10

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£272,682	£3,941	22
2023	£283,382	£3,567	38
2022	£282,386	£3,742	42
2021	£256,635	£3,335	74
2020	£243,802	£2,996	46
2019	£238,346	£3,116	62
2018	£239,070	£3,004	43
2017	£228,384	£2,910	56
2016	£219,877	£2,826	67
2015	£188,754	£2,448	67
2014	£165,919	£2,225	52
2013	£152,112	£1,990	47
2012	£148,957	£1,902	46
2011	£143,580	£1,926	37
2010	£149,219	£1,909	32
2009	£147,097	£1,904	31
2008	£157,196	£2,187	28
2007	£164,649	£2,086	70
2006	£146,007	£1,886	74
2005	£140,595	£1,802	60
2004	£134,156	£1,720	74
2003	£121,087	£1,593	73
2002	£99,175	£1,298	87
2001	£81,827	£1,106	95
2000	£71,104	£980	73
1999	£63,358	£841	90
1998	£56,063	£735	94
1997	£53,979	£681	97
1996	£46,178	£609	81
1995	£46,607	£603	59

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£305,000	£3,631	1
2022	£222,500	£4,032	2
2021	£30,000		1
2020	£300,000	£2,875	2
2018	£116,625	£1,691	4
2017	£6,300	£8	2

House Type in ME8 9QP area

The most common house types in the ME8 9QP postcode area are Detached (74), Terraced (35), and Flat (21).

Total	131
Detached	74
Terraced	35
Flat	21
Semi-detached	1
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (59), and Owned: Owns outright (52).

Owned: Owns with a mortgage or loan	59
Owned: Owns outright	52
Private rented: Private landlord or letting agency	19
Social rented: Other social rented	2
Private rented: Other private rented	2
Social rented: Rents from council or Local Authority	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the ME8 9QP have 2 people in household (48), and 1 person in household (32).

2 people in household	48
1 person in household	32
3 people in household	27
4 people in household	23
5 people in household	4
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0