Otterham Quay Lane - ME8 8LU
Key Postcode Insights
ME8 8LU is a residential postcode situated on Otterham Quay Lane, Rainham, Gillingham, ME8 with 7 addresses.
It ranks as the 144th largest and 944th most expensive of the 1,075 postcodes in the ME8 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 7 properties: 7 houses.
- Ave. Sale Price
- £612,021
- 10 Year change
- up 33.2%
- Ave. Rental Price
- £1,900pcm
- 10 Year change
- up 59.0%
- Ave. £ per ft²
- £422/ft²
- Ave. Gross Yield
- 3.7%/year/yr
Key Postcode Insights
ME8 8LU is a residential postcode situated on Otterham Quay Lane, Rainham, Gillingham, ME8 with 7 addresses.
It ranks as the 144th largest and 944th most expensive of the 1,075 postcodes in the ME8 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 7 properties: 7 houses.
- Ave. Sale Price
- £612,021
- 10 Year change
- up 33.2%
- Ave. Rental Price
- £1,900pcm
- 10 Year change
- up 59.0%
- Ave. £ per ft²
- £422/ft²
- Ave. Gross Yield
- 3.7%/year/yr
Explore Propertiesin ME8 8LU
- 15 Otterham Quay Lane
3 Bed Mid-century House
- 17 Otterham Quay Lane
Unknown
- 19 Otterham Quay Lane
5 Bed Early-century House
- 21 Otterham Quay Lane
3 Bed Mid-century House
- 23 Otterham Quay Lane
Unknown
Sales Market Trends
The last sale in ME8 8LU sold for £400,000 on 13th December 2018. Since then prices are up an average of 19.1%.
The current average value in the postcode is £612,021.
The ME8 8LU Sales Market has increased by 33.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.5% | £612,021 |
| June 2025 | 2.4% | £615,228 |
| June 2024 | -2.3% | £600,842 |
| June 2023 | -1.4% | £615,071 |
| June 2022 | 11.5% | £623,978 |
| June 2021 | 7.5% | £559,704 |
| June 2020 | 1.5% | £520,544 |
| June 2019 | 0.2% | £513,089 |
| June 2018 | 3.7% | £512,071 |
| June 2017 | 7.4% | £493,646 |
| June 2016 | 14.6% | £459,569 |
| June 2015 | 10.4% | £401,120 |
| June 2014 | 10.4% | £363,196 |
| June 2013 | 3.8% | £328,971 |
| June 2012 | 2.3% | £316,905 |
| June 2011 | -1.5% | £309,881 |
| June 2010 | 10.3% | £314,471 |
| June 2009 | -12.5% | £285,128 |
| June 2008 | -3.2% | £325,978 |
| June 2007 | 0% | £336,725 |
Rental Market Trends
The current average rental value in the postcode is £1,900.
The ME8 8LU Rental Market has increased by 59.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.1% | £1,900pcm |
| June 2025 | 4.3% | £1,860pcm |
| June 2024 | 7.9% | £1,784pcm |
| June 2023 | 10.6% | £1,653pcm |
| June 2022 | 8.6% | £1,495pcm |
| June 2021 | 6.3% | £1,376pcm |
| June 2020 | 2% | £1,295pcm |
| June 2019 | 3.1% | £1,269pcm |
| June 2018 | -0.1% | £1,231pcm |
| June 2017 | 3% | £1,231pcm |
| June 2016 | 6.7% | £1,195pcm |
| June 2015 | 7.2% | £1,120pcm |
| June 2014 | 4.5% | £1,045pcm |
| June 2013 | 3.5% | £1,000pcm |
| June 2012 | 3.1% | £966pcm |
| June 2011 | 3.5% | £937pcm |
| June 2010 | 3.7% | £905pcm |
| June 2009 | -1.8% | £873pcm |
| June 2008 | 4% | £889pcm |
| June 2007 | 0% | £855pcm |
Sales History
The last sale was on 13th December 2018 for £400,000 and since then the market in the area has increased by 19.1%. The postcode has had a total of 5 sales since 1995.
ME8 8LU has seen no sales in the last three years and no sales in the last twelve months.
- Sold Dec 2018£400,000 | 3 Bed House15, Otterham Quay Lane, Gillingham, ME8 8LU15, Otterham Quay Lane, Gillingham, ME8 8LU
- Sold Jul 2011£205,000 | 4 Bed House27, Otterham Quay Lane, Gillingham, ME8 8LU27, Otterham Quay Lane, Gillingham, ME8 8LU
- Sold Feb 2006£177,000 | 3 Bed House21, Otterham Quay Lane, Gillingham, ME8 8LU21, Otterham Quay Lane, Gillingham, ME8 8LU
- Sold Apr 2002£155,000 | 4 Bed House27, Otterham Quay Lane, Gillingham, ME8 8LU27, Otterham Quay Lane, Gillingham, ME8 8LU
- Sold Feb 1997£107,000 | 4 Bed House27, Otterham Quay Lane, Gillingham, ME8 8LU27, Otterham Quay Lane, Gillingham, ME8 8LU
Nearby Postcodes
ME8 8LU is the 144th largest and the 944th most expensive postcode out of the 1,075 postcodes in the ME8 area.
- ME8 8LW, Bramley Close, Rainham, Gillingham, ME8ME8 8LW14 Addresses|61 m away
- ME8 8LN, Blackthorn Road, Rainham, Gillingham, ME8ME8 8LN18 Addresses|102 m away
- ME8 8NT, Farnham Close, Rainham, Gillingham, ME8ME8 8NT23 Addresses|105 m away
- ME8 8ND, Otterham Quay Lane, Rainham, Gillingham, ME8ME8 8ND18 Addresses|128 m away
- ME8 8LL, Otterham Quay Lane, Rainham, Gillingham, ME8ME8 8LL7 Addresses|134 m away
Property Types
- 4 mid-century houses built between 1936 and 1979
- 1 early-century house built between 1912 and 1935
- 2 other addresses of unknown type
- mid-century house (4)
- early-century house (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (4)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Nov 2018£890,000 | 3 Bed House14 Crescent Place, Otterham Quay Lane, Gillingham, ME8 7FP14 Crescent Place, Otterham Quay Lane, Gillingham, ME8 7FP
- Sold Dec 2021£550,000 | 5 Bed HousePear Tree House, Otterham Quay Lane, Gillingham, ME8 8QWPear Tree House, Otterham Quay Lane, Gillingham, ME8 8QW
- Sold Mar 2024£500,000 | 3 Bed HouseOrchard View, Otterham Quay Lane, Gillingham, ME8 8QROrchard View, Otterham Quay Lane, Gillingham, ME8 8QR
Schools Nearby
- Riverside Primary School400 m away
- Miers Court Primary School1.2 km away
- St Margaret's Church of England Junior School1.2 km away
- Leigh Academy Rainham200 m away
- The Howard School2.1 km away
- Rainham School for Girls2.1 km away
More reading links
Public Transport Nearby
The closest station to ME8 8LU is Rainham (Kent) station, which is 800 metres away.
- Rainham (Kent)|800 m away
- Newington|3.4 km away
- Gillingham (Kent)|5.6 km away
- Chatham|7.3 km away
