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Property Price Trends
Chaucer Rd, Gillingham
ME7 5LX Medway (B)
What are the historical property price trends?
Explore the yearly trends in property prices for the ME7 postcode district in the UK. Stay informed and make smart real estate decisions based on the accurate, analysed data.
Property Price Trends
ME7
Most Expensive Property
£750,000
10 Banksview Drive, ME7 3AZ
Sold: 15 December 2023
Cheapest Property
£70,000
Maritime House 33 Ocean Drive, ME7 1GS
Sold: 27 May 2022
Data last updated: 30 Dec 1899. Data extracted from ONS housing prices/rents: inflation and price indices by local authority (Medway, E06000035). Rent estimates are provisional, and are for the latest 2 months.
Local House Price Trends
Have property prices been rising or falling in ME7 5LX?
The graph below shows the five-year capital growth figures for properties for the ME7 postcode district. Figures show year-on-year capital growth and not accumulative growth over the five-year period.
Compare House Price Trends
Enter a postcode below to compare the property prices in ME7 with any other UK postcode:
Regional Property Analysis
What trends is the property market seeing in Kent?
For Homebuyers:
In Kent, the property market for homebuyers has seen a steady increase in house prices over the past year. The average house price in Kent is currently around £350,000, with areas such as Canterbury (CT1-CT4) and Tunbridge Wells (TN1-TN4) being particularly popular due to their historic charm and good transport links. However, the availability of housing stock in these areas is limited, leading to competitive bidding and potential price increases. Homebuyers looking for more affordable options may want to consider areas like Ashford (TN23-TN27) and Gillingham (ME7-ME8), where prices are slightly lower but still offer good amenities and schools.
For Renters:
Rent prices in Kent have also been on the rise, with the average monthly rent for a two-bedroom property currently standing at around £1,200. Popular rental areas include Maidstone (ME14-ME17) and Sevenoaks (TN13-TN16), where demand is high due to their proximity to London and excellent schools. However, the availability of rental properties in these areas is limited, so renters may need to act quickly to secure a property. For more affordable rental options, areas like Folkestone (CT19-CT20) and Dover (CT16-CT17) offer lower rent prices while still providing easy access to amenities and transport links.
For Investors:
Kent presents a lucrative opportunity for property investors, with strong demand for rental properties and a steady increase in house prices. Areas like Dartford (DA1-DA4) and Gravesend (DA11-DA12) offer good rental yields, with average yields of around 5-6%. Additionally, with major infrastructure projects such as the Lower Thames Crossing and the potential expansion of high-speed rail services, investing in areas like Ashford (TN23-TN27) and Sittingbourne (ME9-ME10) could yield long-term capital growth. However, investors should be mindful of the competitive market in popular areas like Canterbury and Tunbridge Wells, where prices may be higher but rental demand is strong.
For Homebuyers:
In Kent, the property market for homebuyers has seen a steady increase in house prices over the past year. The average house price in Kent is currently around £350,000, with areas such as Canterbury (CT1-CT4) and Tunbridge Wells (TN1-TN4) being particularly popular due to their historic charm and good transport links. However, the availability of housing stock in these areas is limited, leading to competitive bidding and potential price increases. Homebuyers looking for more affordable options may want to consider areas like Ashford (TN23-TN27) and Gillingham (ME7-ME8), where prices are slightly lower but still offer good amenities and schools.
For Renters:
Rent prices in Kent have also been on the rise, with the average monthly rent for a two-bedroom property currently standing at around £1,200. Popular rental areas include Maidstone (ME14-ME17) and Sevenoaks (TN13-TN16), where demand is high due to their proximity to London and excellent schools. However, the availability of rental properties in these areas is limited, so renters may need to act quickly to secure a property. For more affordable rental options, areas like Folkestone (CT19-CT20) and Dover (CT16-CT17) offer lower rent prices while still providing easy access to amenities and transport links.
For Investors:
Kent presents a lucrative opportunity for property investors, with strong demand for rental properties and a steady increase in house prices. Areas like Dartford (DA1-DA4) and Gravesend (DA11-DA12) offer good rental yields, with average yields of around 5-6%. Additionally, with major infrastructure projects such as the Lower Thames Crossing and the potential expansion of high-speed rail services, investing in areas like Ashford (TN23-TN27) and Sittingbourne (ME9-ME10) could yield long-term capital growth. However, investors should be mindful of the competitive market in popular areas like Canterbury and Tunbridge Wells, where prices may be higher but rental demand is strong.
Last updated on 31 May 2025. Property market analysis is based on official data, and interpreted using neural networks (machine learning model), and subject to our Terms and Conditions.
Yield for ME7 5LX
Estimated yield for property investors
4.15%
Yield
The estimated yield for the ME7 5LX postcode area is 4.15%, compared to the national average yield of 3.8%.
View yield analysisHouse price affordability
Use this graph to view the housing affordability ratio data, as well as median house prices and household earnings in England and Wales, from 1997-2024.
Property sales
What houses have been sold in ME7 5LX?
The recently sold properties table lists homes around ME7 5LX that have been recorded by HM Land Registry, and their sold prices.
Price paid information is not personal, but property-related information. All commercial transactions, sales that have not been lodged with HM Land Registry or sales that were not for full market value are excluded.
| Date | Price | Property Address | Property Type | Estate Type |
|---|---|---|---|---|
| 20 November 2023 | £182,000 | 127 Saxton Street, Gillingham, ME7 5EG | Terraced | Freehold |
| 16 February 2024 | £360,000 | 157 Marlborough Road, Gillingham, ME7 5HP | Terraced | Freehold |
| 04 March 2024 | £340,000 | 75 College Avenue, Gillingham, ME7 5HY | Terraced | Freehold |
| 01 March 2024 | £250,000 | 67 Milton Road, Gillingham, ME7 5LP | Terraced | Freehold |
| 22 November 2023 | £235,000 | 112 Chaucer Road, Gillingham, ME7 5LU | Terraced | Freehold |
| 06 October 2023 | £235,000 | 10 Windmill Road, Gillingham, ME7 5NT | Terraced | Freehold |
| 12 December 2023 | £125,000 | 3c Green Street, Gillingham, ME7 5TH | Flat/Maisonette | Leasehold |
| 10 November 2023 | £200,000 | 11 Byron Road, Gillingham, ME7 5XX | Other | Freehold |
Nearby sold properties | ||||
| 31 May 2023 | £425,000 | 87 High Street, Gillingham, ME7 1BP | Other | Freehold |
| 11 November 2022 | £540,000 | 125 127 High Street, Gillingham, ME7 1BS | Other | Freehold |
| 25 March 2024 | £125,000 | 76b Jeffery Street, Gillingham, ME7 1DA | Flat/Maisonette | Leasehold |
| 16 November 2023 | £231,500 | 74 Kingswood Road, Gillingham, ME7 1DX | Terraced | Freehold |
| 19 July 2022 | £150,000 | 129 Flat 3 Victoria Street, Gillingham, ME7 1EL | Flat/Maisonette | Leasehold |
| 07 August 2023 | £270,000 | Marina Heights 21 Pearl Lane, Gillingham, ME7 1FA | Flat/Maisonette | Leasehold |
| 02 February 2024 | £260,000 | The Peninsula Flat 125 Pegasus Way, Gillingham, ME7 1GE | Flat/Maisonette | Leasehold |
| 01 December 2023 | £226,000 | Peninsula Quay Flat 121 Pegasus Way, Gillingham, ME7 1GL | Flat/Maisonette | Leasehold |
| 27 May 2022 | £70,000 | Maritime House 33 Ocean Drive, Gillingham, ME7 1GS | Flat/Maisonette | Leasehold |
| 28 March 2022 | £80,000 | Maritime House 95 Ocean Drive, Gillingham, ME7 1GT | Flat/Maisonette | Leasehold |
| 15 December 2023 | £205,000 | 158 Saunders Street, Gillingham, ME7 1HP | Terraced | Freehold |
| 11 January 2024 | £168,000 | 51 Saunders Street, Gillingham, ME7 1HX | Terraced | Freehold |
| 16 February 2024 | £270,000 | 66 Mill Road, Gillingham, ME7 1JB | Terraced | Freehold |
| 15 February 2024 | £216,000 | 35 St Marys Road, Gillingham, ME7 1JJ | Terraced | Freehold |
| 09 February 2024 | £235,000 | 84 St Marys Road, Gillingham, ME7 1JL | Terraced | Freehold |
| 31 May 2023 | £285,000 | 36 The Ridgeway, Gillingham, ME7 1JN | Terraced | Freehold |
| 11 December 2023 | £227,500 | 24 The Ridgeway, Gillingham, ME7 1JN | Terraced | Freehold |
| 13 December 2023 | £120,000 | 88 Ground Floor Flat Milburn Road, Gillingham, ME7 1PG | Flat/Maisonette | Leasehold |
| 10 November 2023 | £190,000 | 30 Hamilton Road, Gillingham, ME7 1QJ | Terraced | Freehold |
| 21 November 2023 | £255,000 | 17 Hamilton Road, Gillingham, ME7 1QJ | Terraced | Freehold |
| 07 February 2024 | £225,000 | 47 Selbourne Road, Gillingham, ME7 1QN | Terraced | Freehold |
| 18 October 2023 | £154,000 | 15 Ingram Road, Gillingham, ME7 1SB | Other | Freehold |
| 30 November 2023 | £230,000 | 147 Railway Street, Gillingham, ME7 1YF | Terraced | Freehold |
| 29 February 2024 | £157,500 | 2 Greenfield Road, Gillingham, ME7 1YH | Terraced | Freehold |
| 19 January 2023 | £395,000 | 20 Rotary Gardens, Gillingham, ME7 2AB | Terraced | Freehold |
| 16 November 2023 | £237,000 | 137 Cornwallis Avenue, Gillingham, ME7 2DL | Terraced | Freehold |
| 14 March 2024 | £263,000 | 109 Woodlands Road, Gillingham, ME7 2DX | Semi-Detached | Freehold |
| 21 February 2024 | £220,000 | 41 Livingstone Road, Gillingham, ME7 2EH | Terraced | Freehold |
| 23 October 2023 | £250,000 | 133 Livingstone Road, Gillingham, ME7 2EL | Terraced | Freehold |
| 29 February 2024 | £177,000 | 110 Castlemaine Avenue, Gillingham, ME7 2QL | Flat/Maisonette | Leasehold |
| 03 November 2023 | £280,000 | 211 Woodlands Road, Gillingham, ME7 2SW | Terraced | Freehold |
| 30 September 2022 | £525,000 | 594 Grange Road, Gillingham, ME7 2UP | Detached | Freehold |
| 18 December 2023 | £600,000 | 80 Kingsway, Gillingham, ME7 3AT | Semi-Detached | Freehold |
| 15 December 2023 | £750,000 | 10 Banksview Drive, Hempstead, Gillingham, ME7 3AZ | Detached | Freehold |
| 10 November 2023 | £405,000 | 27 Hunters Way, Gillingham, ME7 3BS | Semi-Detached | Freehold |
| 14 December 2023 | £547,500 | 75 Hamelin Road, Gillingham, ME7 3ER | Detached | Freehold |
| 14 December 2023 | £328,000 | Grove Cottage Forge Lane, Bredhurst, Gillingham, ME7 3JW | Semi-Detached | Freehold |
| 08 December 2023 | £272,500 | 62 Greenfinches, Hempstead, Gillingham, ME7 3PW | Terraced | Freehold |
| 15 December 2023 | £360,000 | 12 Coppergate, Hempstead, Gillingham, ME7 3QN | Semi-Detached | Freehold |
| 18 May 2023 | £490,000 | 21 Pine Grove, Hempstead, Gillingham, ME7 3QR | Semi-Detached | Freehold |
| 08 May 2023 | £490,000 | 21 Pine Grove, Hempstead, Gillingham, ME7 3QR | Semi-Detached | Freehold |
| 15 March 2024 | £325,000 | 12 Plumtree Grove, Hempstead, Gillingham, ME7 3RW | Semi-Detached | Freehold |
| 25 August 2023 | £305,000 | 15 Almond Grove, Hempstead, Gillingham, ME7 3RZ | Semi-Detached | Freehold |
| 05 March 2024 | £337,500 | 44 Greenbank Close, Hempstead, Gillingham, ME7 3SG | Terraced | Freehold |
| 29 November 2023 | £400,000 | 10 Lombardy Close, Hempstead, Gillingham, ME7 3SQ | Semi-Detached | Freehold |
| 05 September 2022 | £160,000 | 6 Coppice Court, Hempstead, Gillingham, ME7 3TE | Flat/Maisonette | Leasehold |
| 04 September 2023 | £255,000 | 9 Beaconsfield Avenue, Gillingham, ME7 4DP | Terraced | Freehold |
| 06 October 2023 | £250,000 | 7 Beresford Road, Gillingham, ME7 4ES | Terraced | Freehold |
| 06 March 2024 | £195,500 | 192 Gillingham Road, Gillingham, ME7 4EY | Terraced | Freehold |
| 28 November 2023 | £230,000 | 178 Gillingham Road, Gillingham, ME7 4EY | Terraced | Freehold |
| 20 December 2023 | £287,000 | 163 Napier Road, Gillingham, ME7 4HN | Terraced | Freehold |
| 30 September 2022 | £145,000 | 157b Barnsole Road, Gillingham, ME7 4JH | Flat/Maisonette | Leasehold |
| 30 September 2022 | £165,000 | 157c Barnsole Road, Gillingham, ME7 4JH | Flat/Maisonette | Leasehold |
| 30 September 2022 | £180,000 | 157d Barnsole Road, Gillingham, ME7 4JH | Flat/Maisonette | Leasehold |
| 01 November 2023 | £189,000 | 100 Nelson Road, Gillingham, ME7 4LL | Terraced | Freehold |
| 23 February 2024 | £235,000 | 77 Seaview Road, Gillingham, ME7 4NH | Terraced | Freehold |
| 15 December 2023 | £237,500 | 281 Gillingham Road, Gillingham, ME7 4QU | Terraced | Freehold |
| 14 March 2024 | £160,000 | 51 Trafalgar Street, Gillingham, ME7 4RW | Terraced | Freehold |
| 13 November 2023 | £305,000 | 39 Gillingham Road, Gillingham, ME7 4SD | Semi-Detached | Freehold |
Please note that house prices for properties sold in and around ME7 5LX during this period do not reflect current values of properties in this postcode area, they are the prices paid at the time of sale. Prices paid is property price data for single residential property sales in England and Wales, sold on the market at full market value, and lodged with the Land Registry for registration.
For more information about the statistical data sets contained on this page, visit https://www.gov.uk/government/statistical-data-sets.
Average monthly mortgage payments
Data on this page contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0. Property data and analysis from PropertyData.co.uk.
Statistical Data Sets
Statistics extracted are from the UK House Price Index, published each month from HM Land Registry, and broken down into Country, Region, and County level.
All content is available under the Open Government Licence v3.0, except where otherwise stated
