Local market reports › ME area › ME12 › ME12 3
Isle of Sheppey market report ME12 3, Sheerness
The ME12 3 (Isle of Sheppey) house price history in full, 1995 to 2026, in cash and in today's money. The raw material for this page is 7,666 HM Land Registry entries for ME12 3 (Sheerness), going back to 1995: each an actual purchase at an actual price. Rents come from the ONS. Valuations, estimates and asking prices appear nowhere in it.
Covers registered sales to 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: the 2026 median for ME12 3 (Sheerness) is £300,000, from 88 registered sales, up 7% on five years earlier; the mean is £305,200, and by floor area homes here have averaged about £3,560 per square metre over the last five years. Behind the figures sit 7,666 HM Land Registry entries going back to 1995, refreshed monthly, every one a completed sale rather than a valuation or an asking price.
ME12 3 is a postcode sector: one group of streets inside ME12 (Sheerness). This is as local as the public record gets, but sector medians move on fewer sales than a district's, so expect the lines to be lumpier.
Where ME12 3 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
What buyers actually paid in ME12 3
The 2026 median for ME12 3 is £300,000, taken from 88 registered sales. The mean, which is what most sites call the "average house price", is £305,200, practically level with it: prices here bunch tightly around the middle.
ME12 3 prices by floor area
Averaged across five years of sales, floor space in ME12 3 costs about £3,560 per square metre. Each sale's Energy Performance Certificate supplies the floor area, and pricing by the metre is what lets flats and houses share one scale.
England and Wales as a whole trade at a £285,000 median, leaving ME12 3 5% above the national figure.
ME12 3's median sold price, 1995 to 2026
The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £300,000 | £300,000 | 88 |
| 2025 | £300,000 | £307,174 | 267 |
| 2024 | £295,000 | £313,646 | 243 |
| 2023 | £300,000 | £329,627 | 181 |
| 2022 | £300,000 | £351,784 | 285 |
| 2021 | £280,000 | £354,516 | 299 |
| 2020 | £245,000 | £317,893 | 226 |
| 2019 | £247,500 | £324,413 | 251 |
| 2018 | £245,000 | £326,590 | 272 |
| 2017 | £235,000 | £320,516 | 277 |
| 2016 | £210,000 | £293,792 | 303 |
| 2015 | £189,000 | £267,057 | 335 |
| 2014 | £177,000 | £251,105 | 261 |
| 2013 | £155,000 | £223,030 | 187 |
| 2012 | £145,000 | £213,422 | 174 |
| 2011 | £161,000 | £243,048 | 200 |
| 2010 | £162,700 | £255,155 | 213 |
| 2009 | £159,600 | £256,558 | 227 |
| 2008 | £162,000 | £265,552 | 191 |
| 2007 | £188,500 | £319,748 | 304 |
| 2006 | £169,000 | £293,362 | 257 |
| 2005 | £154,500 | £274,948 | 200 |
| 2004 | £150,000 | £272,429 | 255 |
| 2003 | £141,000 | £259,756 | 229 |
| 2002 | £105,000 | £197,557 | 324 |
| 2001 | £87,000 | £167,253 | 257 |
| 2000 | £78,000 | £153,075 | 295 |
| 1999 | £69,000 | £137,513 | 299 |
| 1998 | £60,000 | £121,114 | 223 |
| 1997 | £52,500 | £107,667 | 228 |
| 1996 | £50,000 | £105,448 | 173 |
| 1995 | £48,000 | £104,345 | 142 |
In cash terms the typical ME12 3 home went from £48,000 in 1995 to £300,000 in 2026, roughly 6 times the price. Even after inflation that is a real rise of about 188%: homes here genuinely became dearer, not merely more expensive on paper. Measured in today's money the market peaked in 2021; the current median sits about 15% below that. Someone who bought at the 2021 peak has not yet seen that price back in real terms.
Year-on-year change in the ME12 3 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2003 (+34.3% on the year before); the weakest, 2008 (−14.1%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What ME12 3 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | 0.0% | −2.3% |
| 5 years (since 2021) | +1.4% | −3.3% |
| 10 years (since 2016) | +3.6% | +0.2% |
| 20 years (since 2006) | +2.9% | +0.1% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
Transaction volumes
The year-by-year sales count
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
The register shows 88 ME12 3 sales across the most recent twelve months of data. Turnover has held fairly steady across the cycle: about 213 sales a year recently, against 265 a year before 2008. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.
The rental side of ME12 3
The local authority for ME12 3 is Swale, and its ONS average private rent currently stands at £1,091 a month (May 2026 figures). The spread runs from £763 a month for a typical one-bed to £1,820 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Swale
ONS Price Index of Private Rents, May 2026.
Set against the £300,000 median sold price, £1,091 a month is £13,092 a year, a gross yield of 4.4%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.
Asked and answered: ME12 3 (Isle of Sheppey)
Are property prices falling in ME12 3 (Isle of Sheppey)?
Is ME12 3 (Isle of Sheppey) a good place to buy a house?
How much did a house sell for in ME12 3 (Isle of Sheppey)?
Where do ME12 3 prices go next?
Prediction is not this page's business. Its business is the record, which says: the median is up 7% over five years in cash but down 15% after inflation. Read the volume chart with the price chart before acting on either, remembering that registrations trail the deals themselves by weeks.
On the market in ME12 today
The live side of the market holds 12 homes at the moment, listed by 4 agents publishing to HomesIndex.
These cover the whole ME12 district, not just ME12 3: live asking prices are collected per district.
8% of current listings sit under the prices comparable homes actually fetched. Every listing is measured against recent recorded sales of similar nearby homes.
"Under comparable sales" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
See every ME12 home for sale on the map →
Live asking prices from estate agents who publish a feed to HomesIndex, refreshed every Monday and Thursday: a sample of the market, not every home for sale. Asking prices are not sale prices.
Moving up a bedroom in ME: the cost
Real sold prices by size across the ME area, straight from the Land Registry record. Size steps are fiercely local. A third bedroom adds a quarter to the price in some areas and close to four fifths in others, which is why no national rule of thumb survives contact with a real market.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £360,000 | £494,995 (+37%) | £690,997 (+40%) | £920,000 (+33%) |
| Semi-detached | £282,000 | £327,000 (+16%) | £385,000 (+18%) | £475,000 (+23%) | £615,000 (+29%) |
| Terraced | £250,000 | £275,000 (+10%) | £315,000 (+15%) | £405,000 (+29%) | £567,500 (+40%) |
| Flat | £166,500 | £225,000 (+35%) | £340,000 (+51%) | — | — |
Medians of recorded sales over the last four years, by built form and bedroom count. Sold homes carry no advertised bedroom count, so sizes are estimated from their EPC records; a small number of homes will sit one size out. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
The spread across the ME area is the point: the same five years treated these districts very differently.
Winners and losers across the ME area, five years
The biggest risers and fallers in cash terms; every row links to that district's report.
Other sectors in ME12
A few minutes' walk can separate two very different markets. Here are ME12's other sectors, each with its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| ME12 1 | £235,000 | 16 |
| ME12 2 | £287,200 | 72 |
| ME12 4 | £286,000 | 32 |
Zoom out to the full ME12 district report for the type split, monthly volumes and how ME12 compares with its neighbours.
Thinking of selling in ME12 3? Get a rough value first
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in ME12 3, use the average prices map for a rough value: zoom from ME12 3's shading down to the sold homes on your own street. The figures above are every recorded ME12 3 sale; agents price with this same Land Registry record, and now you have it too.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim ME12 3.
Keep digging
The AI answers from the same Land Registry data this report is built on, already scoped to ME12 3. Free after a one click sign in.
Two maps carry on from here: every ME12 3 sale at its exact address, and the average prices map from area shading down to single homes. The report tool answers a specific question in writing, and each sale's mortgage and rent calculator prices a real purchase.
How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.