Local market reports › ME area › ME8 › ME8 7
Rainham market report ME8 7, Gillingham
The ME8 7 (Rainham) house price history in full, 1995 to 2026, in cash and in today's money. This page is built from the public record and nothing else: 4,448 completed sales registered with HM Land Registry in ME8 7 (Gillingham) since 1995, plus current ONS rental figures. There are no valuations, estimates or asking prices in it.
Sales data to 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: the 2026 median for ME8 7 (Gillingham) is £342,500, from 66 registered sales, down 1% on five years earlier; the mean is £352,400, and by floor area homes here have averaged about £4,200 per square metre over the last five years. Behind the figures sit 4,448 HM Land Registry entries going back to 1995, refreshed monthly, every one a completed sale rather than a valuation or an asking price.
ME8 7 is one sector of ME8 (Gillingham): a handful of streets, and the most local view the sold record can give. The price of that locality is lumpier charts, because each year's median rests on fewer sales.
Where ME8 7 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.
Today's ME8 7 prices, from the sold record
Across 66 registered 2026 sales, the typical (median) ME8 7 home went for £342,500. The mean is £352,400, practically level with it: prices here bunch tightly around the middle.
House prices per square metre in ME8 7
Per square metre, ME8 7 homes have averaged around £4,200 over the last five years of sales. The floor areas behind the figure come from Energy Performance Certificates, and the by-the-metre view is the fair comparison across home sizes.
England and Wales as a whole trade at a £285,000 median, leaving ME8 7 20% above the national figure.
A typical ME8 7 home, priced year by year (1995 to 2026)
Year by year: the median as it was recorded, and the same figure brought into today's money with ONS CPIH, which is where "did homes get dearer" actually gets answered. Hover shows each year; the legend isolates a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £342,500 | £342,500 | 66 |
| 2025 | £365,000 | £373,728 | 143 |
| 2024 | £365,500 | £388,602 | 208 |
| 2023 | £360,000 | £395,552 | 162 |
| 2022 | £370,000 | £433,867 | 151 |
| 2021 | £345,000 | £436,815 | 259 |
| 2020 | £301,200 | £390,813 | 136 |
| 2019 | £283,000 | £370,945 | 135 |
| 2018 | £295,000 | £393,241 | 146 |
| 2017 | £270,000 | £368,253 | 115 |
| 2016 | £260,000 | £363,743 | 114 |
| 2015 | £230,000 | £324,990 | 134 |
| 2014 | £206,000 | £292,247 | 115 |
| 2013 | £197,000 | £283,463 | 130 |
| 2012 | £190,000 | £279,656 | 149 |
| 2011 | £175,000 | £264,183 | 78 |
| 2010 | £169,000 | £265,036 | 95 |
| 2009 | £159,000 | £255,594 | 83 |
| 2008 | £179,000 | £293,419 | 90 |
| 2007 | £192,000 | £325,685 | 188 |
| 2006 | £170,000 | £295,098 | 171 |
| 2005 | £169,200 | £301,108 | 118 |
| 2004 | £158,000 | £286,959 | 111 |
| 2003 | £135,000 | £248,703 | 143 |
| 2002 | £125,000 | £235,186 | 155 |
| 2001 | £94,000 | £180,710 | 167 |
| 2000 | £85,000 | £166,813 | 150 |
| 1999 | £81,000 | £161,429 | 138 |
| 1998 | £70,000 | £141,300 | 165 |
| 1997 | £68,000 | £139,454 | 175 |
| 1996 | £60,000 | £126,537 | 155 |
| 1995 | £58,000 | £126,083 | 103 |
In cash terms the typical ME8 7 home went from £58,000 in 1995 to £342,500 in 2026, roughly 6 times the price. Adjusted for inflation it still comes to a real rise of roughly 172%, so homes here got dearer in substance, not only in cash. In inflation-adjusted terms the high-water mark was 2021. The market now sits about 22% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the ME8 7 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 2002 (+33.0% on the year before); the weakest, 2009 (−11.2%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What ME8 7 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −6.2% | −8.4% |
| 5 years (since 2021) | −0.1% | −4.7% |
| 10 years (since 2016) | +2.8% | −0.6% |
| 20 years (since 2006) | +3.6% | +0.7% |
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.
Sales activity in ME8 7
Sales per year, counted
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
ME8 7 recorded 66 sales in the last twelve months of data. Turnover has held fairly steady across the cycle: about 146 sales a year recently, against 150 a year before 2008. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
What tenants pay around ME8 7
The local authority for ME8 7 is Medway, and its ONS average private rent currently stands at £1,238 a month (May 2026 figures). Size sets most of the rent: one-beds average £900 a month here against £1,835 for four or more bedrooms.
Average monthly rent by size, Medway
ONS Price Index of Private Rents, May 2026.
£1,238 a month is £14,856 a year, which against the £342,500 median sold price makes a gross yield of 4.3%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
Asked and answered: ME8 7 (Rainham)
Are property prices falling in ME8 7 (Rainham)?
Is ME8 7 (Rainham) a good place to buy a house?
How much did a house sell for in ME8 7 (Rainham)?
Where do ME8 7 prices go next?
Nobody can tell you that, and this page will not pretend to. What the record shows: the median is roughly flat over five years in cash but down 22% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.
ME8's current homes for sale
This is what you could actually buy today: 4 homes currently on the market from 2 agents publishing to HomesIndex.
These cover the whole ME8 district, not just ME8 7: live asking prices are collected per district.
Of everything listed here, 50% asks less than the sold record of comparable homes. Every listing is measured against recent recorded sales of similar nearby homes.
"Under comparable sales" means the asking price sits below what similar homes nearby actually fetched. Treat it as the start of a conversation, never a valuation, and always view the home.
See every ME8 home for sale on the map →
These asking prices come live from estate agents publishing feeds to HomesIndex, refreshed each Monday and Thursday. They are a sample of the market rather than its entirety, and an asking price is not a sale price.
Moving up a bedroom in ME: the cost
Real sold prices by size across the ME area, straight from the Land Registry record. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| 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%) | — | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land 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 ME8
Sector boundaries hide real price steps. The rest of ME8, one report each:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| ME8 0 | £457,500 | 42 |
| ME8 6 | £310,000 | 43 |
| ME8 8 | £315,000 | 63 |
| ME8 9 | £328,000 | 56 |
Zoom out to the full ME8 district report for the type split, monthly volumes and how ME8 compares with its neighbours.
Selling a home in ME8 7? Price it on the evidence
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in ME8 7, use the average prices map for a rough value: zoom from ME8 7's shading down to the sold homes on your own street. The figures above are every recorded ME8 7 sale; agents price with this same Land Registry record, and now you have it too.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim ME8 7.
Dig further
Behind the answers sits the same Land Registry record as this page, with ME8 7 already set as the subject. Free, one click sign in.
Two maps carry on from here: every ME8 7 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.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.