Local market reports › ME area › ME8 › ME8 9
Rainham market report ME8 9, Gillingham
The standing ME8 9 (Rainham) property market report, rebuilt from the full public record every month. Every figure on this page comes from the public record: 6,789 sales registered with HM Land Registry in ME8 9 (Gillingham) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.
Sales recorded to 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: the middle 2026 sale in ME8 9 (Gillingham) came in at £328,000, out of 56 registered, up 15% on five years earlier, and the mean stands at £346,000, and by floor area homes here have averaged about £3,940 per square metre over the last five years. The record behind it is 6,789 completed sales lodged with HM Land Registry since 1995, monthly refreshed, with no valuations or asking prices anywhere in the figures.
ME8 9 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 9 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.
ME8 9 sold prices: where the market stands
The 2026 median for ME8 9 is £328,000, taken from 56 registered sales. The mean, which is what most sites call the "average house price", is £346,000, somewhat above it, as happens wherever a market carries an expensive tail.
What a square metre costs in ME8 9
Measured by floor area, the last five years of ME8 9 sales average about £3,940 per square metre. Price per square metre is the fair way to compare a one-bed flat with a four-bed house, and it comes from the Energy Performance Certificate on each sold home.
The national median for England and Wales is £285,000, which puts ME8 9 15% above the country at large.
The price of a typical ME8 9 home, 1995 to 2026
One line records the median as paid; the other restates every year in today's money via ONS CPIH, the honest measure of getting dearer. Hover for year figures, click the legend to isolate a line.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £328,000 | £328,000 | 56 |
| 2025 | £325,000 | £332,772 | 201 |
| 2024 | £320,000 | £340,226 | 174 |
| 2023 | £307,800 | £338,197 | 132 |
| 2022 | £325,000 | £381,100 | 164 |
| 2021 | £285,000 | £360,847 | 233 |
| 2020 | £270,000 | £350,331 | 161 |
| 2019 | £260,000 | £340,798 | 200 |
| 2018 | £258,000 | £343,919 | 169 |
| 2017 | £250,500 | £341,657 | 207 |
| 2016 | £232,200 | £324,850 | 238 |
| 2015 | £205,000 | £289,665 | 206 |
| 2014 | £191,000 | £270,967 | 201 |
| 2013 | £165,200 | £237,706 | 170 |
| 2012 | £159,500 | £234,764 | 167 |
| 2011 | £160,000 | £241,538 | 154 |
| 2010 | £161,500 | £253,274 | 142 |
| 2009 | £150,000 | £241,126 | 124 |
| 2008 | £166,500 | £272,929 | 121 |
| 2007 | £165,000 | £279,886 | 289 |
| 2006 | £162,500 | £282,079 | 285 |
| 2005 | £148,500 | £264,270 | 210 |
| 2004 | £141,800 | £257,537 | 228 |
| 2003 | £130,000 | £239,492 | 260 |
| 2002 | £111,800 | £210,351 | 300 |
| 2001 | £90,000 | £173,020 | 334 |
| 2000 | £79,200 | £155,430 | 288 |
| 1999 | £69,000 | £137,513 | 296 |
| 1998 | £60,000 | £121,114 | 281 |
| 1997 | £58,500 | £119,972 | 326 |
| 1996 | £52,000 | £109,666 | 281 |
| 1995 | £51,500 | £111,953 | 191 |
In cash terms the typical ME8 9 home went from £51,500 in 1995 to £328,000 in 2026, roughly 6 times the price. Inflation explains only part of it: in today's money the rise is still about 193%, a genuine increase in what a home here costs. The real-terms peak came in 2022, and today's median remains roughly 14% under it: a 2022 buyer is still waiting to get that price back in today's money.
Year-on-year change in the ME8 9 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 (+24.2% on the year before); the weakest, 2009 (−9.9%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What ME8 9 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +0.9% | −1.4% |
| 5 years (since 2021) | +2.9% | −1.9% |
| 10 years (since 2016) | +3.5% | +0.1% |
| 20 years (since 2006) | +3.6% | +0.8% |
Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.
Sales activity in ME8 9
The year-by-year sales count
Each bar is a year's recorded sales. 2008's dip is the financial crisis, and the newest bar always grows for a while as late registrations arrive.
The register shows 56 ME8 9 sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 274 sales a year before the financial crisis and 145 a year over the last five. 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 homes rent for around ME8 9
For renting purposes ME8 9 sits in Medway. The ONS average private rent there is £1,238 a month (May 2026). The spread runs from £900 a month for a typical one-bed to £1,835 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Medway
ONS Price Index of Private Rents, May 2026.
Against the £328,000 median purchase price, a rent of £1,238 a month (£14,856 a year) works out at a 4.5% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
The shape of the ME8 9 market
Only 56 sales completed here in the last twelve months of data, which makes ME8 9 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint.
Common questions on ME8 9 (Rainham)
How much did a house sell for in ME8 9 (Rainham)?
Are property prices falling in ME8 9 (Rainham)?
Is ME8 9 (Rainham) a good place to buy a house?
Where do ME8 9 prices go next?
Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 15% over five years in cash but down 9% 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
The live side of the market holds 4 homes at the moment, listed by 2 agents publishing to HomesIndex.
These cover the whole ME8 district, not just ME8 9: live asking prices are collected per district.
50% of what is on the market here is asking below what comparable homes actually sold for. 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.
The price of an extra bedroom in ME
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%) | — | — |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. Where too few homes exist to say anything meaningful, the cell is 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
Cash-terms risers and fallers across the area; click any row for that district's full 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 7 | £342,500 | 66 |
| ME8 8 | £315,000 | 63 |
Zoom out to the full ME8 district report for the type split, monthly volumes and how ME8 compares with its neighbours.
Selling in ME8 9? Start from the sold record
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at ME8 9's shading and zoom to the sold homes on the street itself. Agents work from this same Land Registry record when they value; this page puts it in front of you before they arrive.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim ME8 9.
Keep digging
Behind the answers sits the same Land Registry record as this page, with ME8 9 already set as the subject. Free, one click sign in.
Two maps carry on from here: every ME8 9 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.
Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.