Local market reports › ME area › ME8
Rainham market report ME8, Gillingham
The ME8 (Rainham) house price history in full, 1995 to 2026, in cash and in today's money. Underneath every chart here sit 25,781 registered sales in ME8 (Gillingham) since 1995, the HM Land Registry record of what buyers really paid, with ONS figures covering rents. Nothing is a valuation, an estimate or an asking price.
Sales recorded to July 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: a typical ME8 (Gillingham) home changed hands for £330,000 in 2026 (median of 270 registered sales, up 8% on five years earlier), with the mean at £356,500, and by floor area homes here have averaged about £4,030 per square metre over the last five years. Source: 25,781 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.
ME8 is the postcode district covering Rainham, Parkwood, Twydall in Gillingham. Districts are a practical way to slice a market: small enough to mean something locally, big enough to have a steady flow of sales to measure.
Where ME8 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 ME8
The 2026 median for ME8 is £330,000, taken from 270 registered sales. The mean, which is what most sites call the "average house price", is £356,500, a little above it, the familiar pattern where pricier homes stretch the average.
What a square metre costs in ME8
A square metre of ME8 home has cost about £4,030 on average across the last five years of sales, using the floor area on each home's Energy Performance Certificate: the measure that puts a studio and a five-bed on the same footing.
For scale: the England and Wales median is £285,000, so ME8 trades 16% above the country as a whole.
ME8's median sold price, 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 | £330,000 | £330,000 | 270 |
| 2025 | £350,000 | £358,370 | 797 |
| 2024 | £337,000 | £358,300 | 784 |
| 2023 | £332,000 | £364,787 | 678 |
| 2022 | £337,500 | £395,757 | 699 |
| 2021 | £306,000 | £387,435 | 1,057 |
| 2020 | £285,000 | £369,793 | 644 |
| 2019 | £280,000 | £367,013 | 769 |
| 2018 | £270,000 | £359,915 | 779 |
| 2017 | £260,000 | £354,614 | 805 |
| 2016 | £242,000 | £338,560 | 760 |
| 2015 | £215,000 | £303,795 | 757 |
| 2014 | £190,000 | £269,548 | 747 |
| 2013 | £177,500 | £255,405 | 683 |
| 2012 | £172,000 | £253,163 | 660 |
| 2011 | £165,000 | £249,087 | 531 |
| 2010 | £169,000 | £265,036 | 539 |
| 2009 | £152,000 | £244,341 | 490 |
| 2008 | £170,000 | £278,666 | 500 |
| 2007 | £175,000 | £296,849 | 1,087 |
| 2006 | £163,200 | £283,294 | 1,082 |
| 2005 | £154,000 | £274,058 | 812 |
| 2004 | £150,000 | £272,429 | 825 |
| 2003 | £133,000 | £245,018 | 925 |
| 2002 | £117,200 | £220,511 | 1,034 |
| 2001 | £91,000 | £174,943 | 1,144 |
| 2000 | £85,000 | £166,813 | 1,021 |
| 1999 | £75,000 | £149,471 | 1,041 |
| 1998 | £65,200 | £131,611 | 1,037 |
| 1997 | £60,000 | £123,048 | 1,106 |
| 1996 | £56,500 | £119,156 | 1,001 |
| 1995 | £55,000 | £119,562 | 717 |
In cash terms the typical ME8 home went from £55,000 in 1995 to £330,000 in 2026, roughly 6 times the price. Even after inflation that is a real rise of about 176%: homes here genuinely became dearer, not merely more expensive on paper. In inflation-adjusted terms the high-water mark was 2022. The market now sits about 17% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the ME8 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 (+28.8% on the year before); the weakest, 2009 (−10.6%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of terraced homes dominate the record here, 40% of the typed total. A detached home currently trades at £520,000 against £185,000 for a flat, 2.8 times the price.
Median by property type, ME8
One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Detached | £520,000 | 47 | 4,775 |
| Semi-detached | £358,000 | 109 | 9,043 |
| Terraced | £290,000 | 97 | 10,188 |
| Flats | £185,000 | 17 | 1,775 |
Growth per year, over one to twenty years
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −5.7% | −7.9% |
| 5 years (since 2021) | +1.5% | −3.2% |
| 10 years (since 2016) | +3.2% | −0.3% |
| 20 years (since 2006) | +3.6% | +0.8% |
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
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.
Month by month, five years back
Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.
The register shows 614 ME8 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 991 sales a year before the financial crisis and 646 a year over the last five. 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 ME8
For renting purposes ME8 sits in Medway. The ONS average private rent there is £1,238 a month (May 2026). 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 £330,000 median sold price makes a gross yield of 4.5%. 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.
What people ask about ME8 (Rainham)
Are property prices falling in ME8 (Rainham)?
Is ME8 (Rainham) a good place to buy a house?
How much did a house sell for in ME8 (Rainham)?
Where do ME8 prices go next?
The record answers a different question than "what happens next": the median is up 8% over five years in cash but down 15% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.
ME8's current homes for sale
Everything above is what homes in ME8 sold for. The live side of the market holds 4 homes at the moment, listed by 2 agents publishing to HomesIndex, at a typical asking price 9% below the ME8 median sold price.
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.
The "under comparable sales" label measures each asking price against real nearby sales of similar homes: an opening position for a conversation rather than a valuation. The home itself still needs looking at.
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
What homes of each size actually sold for across the ME area, 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
ME8 ranks 7 of 20 in the ME area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.
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.
Inside ME8, sector by sector
Below district level sit the sectors, street groups with reports of their own, and the gaps between neighbouring ones can be sharp.
| 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 |
| ME8 9 | £328,000 | 56 |
How ME8 compares nearby
Same city, different markets. The neighbouring districts of the ME area, dearest first:
| District | Median | 5-year |
|---|---|---|
| ME18 | £498,000 | +3% |
| ME19 | £440,000 | +1% |
| ME20 | £377,500 | +16% |
| ME3 | £375,000 | +8% |
| ME17 | £375,000 | -1% |
| ME16 | £352,000 | +7% |
| ME9 | £350,000 | +3% |
| ME15 | £338,000 | +4% |
| ME8 (this report) | £330,000 | +8% |
| ME2 | £325,000 | +14% |
| ME13 | £325,000 | -8% |
| ME14 | £323,800 | -3% |
| ME5 | £305,000 | +11% |
| ME1 | £302,800 | +7% |
| ME6 | £288,500 | +1% |
| ME12 | £285,000 | +6% |
| ME10 | £284,000 | +11% |
| ME7 | £268,500 | +9% |
| ME11 | £250,000 | +19% |
| ME4 | £249,500 | +4% |
Selling a home in ME8? 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, use the average prices map for a rough value: zoom from ME8's shading down to the sold homes on your own street. The figures above are every recorded ME8 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 ME8.
Dig further
The AI answers from the same Land Registry data this report is built on, already scoped to ME8. Free after a one click sign in.
See every individual ME8 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on 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.