Housing Market Analysis for LOVELACE CLOSE, ME8 9QR

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £137,000 median price is £137,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 LOVELACE CLOSE: £137,000 (Sold on 16 Sep 2011)
    • The first recorded sale happened at this postcode is 1 LOVELACE CLOSE: £137,000 (Sold on 16 Sep 2011)
  • Terraced
    • The average price is around £83,500 median price is £83,500 Standard Deviation is £13,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 3 LOVELACE CLOSE: £70,000 (Sold on 14 Mar 2003)
    • The first recorded sale happened at this postcode is 5 LOVELACE CLOSE: £97,000 (Sold on 26 Sep 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average ME8 9QR 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2011£137,000 £1,761 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2003£70,000 £870 1
2001£97,0001

All the Sales in the LOVELACE CLOSE, ME8 9QR

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

AddressSold DatePrice% Change
1 LOVELACE CLOSESemi-Detached, FreeholdArea: 77.8 Sq.mtrAge: 1967-197516 Sep 2011£137,000First Sale
3 LOVELACE CLOSETerraced, FreeholdArea: 80.5 Sq.mtrAge: 1967-197514 Mar 2003£70,000First Sale
5 LOVELACE CLOSETerraced, Freehold26 Sep 2001£97,000First Sale

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

LOVELACE CLOSE, ME8 9QR Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £142,548 median price is £137,000 Standard Deviation is £76,232 with Total Sold: 1,935
    • The Last 5 Year average price is £259,436 with Total Sold: 291
    • The most recent sale happened at this postcode is , 85 BAYSWATER DRIVE: £300,000 (Sold on 17 Sep 2024)
    • The first recorded sale happened at this postcode is , 21 HUNSTANTON CLOSE: £42,000 (Sold on 20 Jan 1995)
  • Semi-Detached
    • The average price is around £167,427 median price is £159,950 Standard Deviation is £85,713 with Total Sold: 723
    • The Last 5 Year average price is £308,747 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 , 6 DIXWELL CLOSE: £69,000 (Sold on 30 Jan 1995)
  • Detached
    • The average price is around £220,639 median price is £207,498 Standard Deviation is £110,913 with Total Sold: 418
    • The Last 5 Year average price is £382,516 with Total Sold: 64
    • The most recent sale happened at this postcode is , 587 MIERSCOURT ROAD: £278,000 (Sold on 22 Mar 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 £93,115 median price is £96,500 Standard Deviation is £44,403 with Total Sold: 448
    • 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 £178,507 median price is £212,500 Standard Deviation is £135,920 with Total Sold: 14
    • The Last 5 Year average price is £252,500 with Total Sold: 8
    • 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£278,880 £3,961 25
2023£277,066 £3,516 38
2022£284,362 £3,765 42
2021£257,608 £3,356 79
2020£243,454 £3,006 46
2019£237,745 £3,120 61
2018£240,267 £2,984 45
2017£230,206 £2,946 63
2016£222,018 £2,834 69
2015£189,316 £2,454 68
2014£167,645 £2,267 64
2013£152,766 £1,977 46
2012£149,942 £1,896 43
2011£144,938 £1,913 41
2010£151,298 £1,912 34
2009£145,917 £1,882 36
2008£156,100 £2,158 30
2007£164,635 £2,085 77
2006£146,956 £1,886 80
2005£140,187 £1,802 65
2004£134,116 £1,721 80
2003£121,714 £1,563 81
2002£99,279 £1,316 95
2001£81,775 £1,101 102
2000£71,309 £974 78
1999£63,497 £832 102
1998£56,130 £735 101
1997£53,216 £679 99
1996£46,083 £609 83
1995£46,662 £604 62
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£398,3333
2023£326,714 £4,295 14
2022£360,250 £4,048 8
2021£305,618 £3,505 17
2020£287,071 £3,300 21
2019£287,550 £3,266 20
2018£309,099 £3,289 14
2017£281,418 £2,926 14
2016£259,062 £2,926 24
2015£237,583 £2,698 18
2014£216,252 £2,443 24
2013£193,857 £2,291 14
2012£181,750 £2,071 14
2011£167,800 £2,000 20
2010£186,885 £2,040 20
2009£170,512 £1,981 20
2008£185,158 £2,079 14
2007£197,329 £2,253 41
2006£174,460 £2,024 45
2005£180,383 £2,138 28
2004£162,272 £1,946 22
2003£126,422 £1,629 39
2002£129,912 £1,507 47
2001£100,605 £1,126 39
2000£94,825 £1,052 35
1999£82,447 £925 29
1998£76,038 £863 26
1997£67,013 £775 31
1996£61,992 £677 34
1995£61,571 £706 28
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£368,667 £3,839 3
2023£377,000 £5,208 9
2022£452,182 £4,485 11
2021£366,536 £3,780 14
2020£360,967 £3,864 15
2019£371,833 £3,519 12
2018£328,207 £3,722 14
2017£319,423 £3,880 13
2016£309,833 £3,197 9
2015£263,214 £2,666 21
2014£252,833 £2,615 21
2013£230,500 £2,578 20
2012£229,250 £2,352 14
2011£200,227 £2,283 11
2010£226,063 £1,901 7
2009£203,699 £2,484 10
2008£247,800 £2,381 10
2007£261,817 £2,428 11
2006£228,447 £2,396 19
2005£208,167 £2,281 9
2004£219,142 £2,372 7
2003£225,250 £1,316 4
2002£164,709 £1,619 21
2001£135,947 £1,463 21
2000£140,088 £1,271 21
1999£110,800 £1,030 20
1998£107,220 £910 17
1997£86,937 £985 28
1996£74,200 £838 20
1995£85,333 £773 6
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£118,031 £2,135 16
2013£98,278 £1,946 9
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£251,667 £4,066 3
2021£180,000 £3,204 2
2020£300,000 £2,875 2
2018£116,625 £1,691 4
2017£6,300 £8 2

House Type in ME8 9QR area

The most common house types in the ME8 9QR postcode area are Terraced (50), Semi-detached (39), and Detached (26).

Total115
Terraced50
Semi-detached39
Detached26
Flat0
Shared house0
converted building0
commercial 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 (56), and Owned: Owns outright (50).

Owned: Owns with a mortgage or loan56
Owned: Owns outright50
Private rented: Private landlord or letting agency9
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the ME8 9QR have 2 people in household (43), and 3 people in household (26).

2 people in household43
3 people in household26
1 person in household22
4 people in household18
5 people in household7
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0