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House Prices in ME7

The average house price in ME7 (Gillingham) is £261,157 using HM Land Registry data.

The average property price increased by £32,195 (31.91%) over the last 5 years and increased by £6,451 (4.63%) over the last 12 months.

Over the last year, there were 432 residential property sales – a decrease of 67 transactions (-15.51%) relative to the previous year. The majority of house sales (114) were in the £238,000 - £286,000 range. Then came properties in the £190,000 - £238,000 range, where 105 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 211 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,666 (-2%).

In February 2025, there were 78 new estate agency instructions, 82 agreed home sales and 44 property price reductions.

5-Year Average Property Prices in ME7 (Gillingham)

31.91%

Property prices in ME7 (Gillingham) increased by 31.91% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in ME7 (Gillingham) Over the Last Year

4.63%

Property prices in ME7 (Gillingham) increased by 4.63% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for ME7 (Gillingham) - February 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in ME7 (Gillingham)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in ME7 (Gillingham)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in ME7 (Gillingham)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the ME7 (Gillingham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the ME7 postcode area since 1995.

Recent Sales in ME7 (Gillingham)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
9 Hempstead Road, Hempstead, Gillingham, Medway, ME7 3SA	£575,000	£555,000	-£20,000	15 Aug 2024	22 Jan 2025	160 Days
20 Chicago Avenue, Gillingham, Medway, ME7 2DR	£475,000	£475,000	£0	03 Jul 2024	17 Jan 2025	198 Days
307 Canterbury Street, Gillingham, Medway, ME7 5XN	£260,000	£258,000	-£2,000	18 Sep 2024	10 Jan 2025	114 Days
15 Thistledown Close, Hempstead, Gillingham, Medway, ME7 3SY	£230,000	£225,000	-£5,000	16 Oct 2024	10 Jan 2025	86 Days
2 Coulman Street, Gillingham, Medway, ME7 4HT	£200,000	£200,000	£0	15 Oct 2024	10 Jan 2025	87 Days
3 Embassy Close, Gillingham, Medway, ME7 3EN	£250,000	£242,000	-£8,000	19 Aug 2024	09 Jan 2025	143 Days
100 Lower Rainham Road, Gillingham, Medway, ME7 2XS	£600,000	£600,000	£0	23 Jan 2024	07 Jan 2025	350 Days
307 Woodlands Road, Gillingham, Medway, ME7 2TA	£340,000	£332,500	-£7,500	11 Jan 2024	19 Dec 2024	343 Days
26 Trinity Road, Gillingham, Medway, ME7 1JA	£220,000	£215,000	-£5,000	28 Sep 2024	16 Dec 2024	79 Days
189 Grange Road, Gillingham, Medway, ME7 2TL	£400,000	£395,000	-£5,000	29 Jul 2024	13 Dec 2024	137 Days
51 West Street, Gillingham, Medway, ME7 1EF	£240,000	£225,000	-£15,000	12 Aug 2024	13 Dec 2024	123 Days
130 Britton Street, Gillingham, Medway, ME7 5ET	£240,000	£236,000	-£4,000	15 May 2024	12 Dec 2024	211 Days
7 Edinburgh Road, Gillingham, Medway, ME7 4QA	£230,000	£225,000	-£5,000	15 Aug 2024	05 Dec 2024	112 Days
38 Leyton Avenue, Gillingham, Medway, ME7 3DB	£425,000	£420,000	-£5,000	31 May 2024	05 Dec 2024	188 Days
12 Camden Road, Gillingham, Medway, ME7 1QU	£280,000	£270,000	-£10,000	30 Jul 2024	02 Dec 2024	125 Days
79 Gardiner Street, Gillingham, Medway, ME7 1DW	£230,000	£225,000	-£5,000	02 Aug 2024	25 Nov 2024	115 Days
33 Ingram Road, Gillingham, Medway, ME7 1SB	£230,000	£222,000	-£8,000	03 Jul 2024	22 Nov 2024	142 Days
76 Kingswood Road, Gillingham, Medway, ME7 1DX	£350,000	£350,000	£0	22 May 2024	13 Nov 2024	175 Days
16 Conqueror Drive, Gillingham, Medway, ME7 2WP	£170,000	£163,000	-£7,000	17 Jun 2024	31 Oct 2024	136 Days
14 Trafalgar Street, Gillingham, Medway, ME7 4RL	£230,000	£225,000	-£5,000	14 May 2024	31 Oct 2024	170 Days

Most Expensive Streets in ME7 (Gillingham)

Postcode	Street	Area	Average	No. of Sales
ME7 3JU	Blacksmiths Court, Bredhurst	Gillingham	£856,250	4
ME7 3RT	Spekes Road, Hempstead	Gillingham	£781,666	3
ME7 3RU	Lambsfrith Grove, Hempstead	Gillingham	£733,333	3
ME7 3AZ	Banksview Drive, Hempstead	Gillingham	£730,454	11
ME7 3JW	Forge Lane, Bredhurst	Gillingham	£702,250	4
ME7 3DX	Lamplighters Close, Hempstead	Gillingham	£692,500	3
ME7 3SF	The Rise, Hempstead	Gillingham	£688,333	3
ME7 3LX	Dunn Street Road, Bredhurst	Gillingham	£671,000	3
ME7 3BF	Brickmakers Way, Hempstead	Gillingham	£625,241	30
ME7 3JE	Capstone Road	Gillingham	£623,777	9

Least Expensive Streets in ME7 (Gillingham)

Postcode	Street	Area	Average	No. of Sales
ME7 1GQ	Ensign House, Pegasus Way	Gillingham	£103,426	4
ME7 1GS	Maritime House, Ocean Drive	Gillingham	£111,025	10
ME7 2WD	Bayeux Gardens	Gillingham	£116,166	3
ME7 1LZ	Ethel Maud Court	Gillingham	£117,000	3
ME7 5HH	Kestrel House, Marlborough Road	Gillingham	£128,500	5
ME7 1FY	South Shore, Ocean Drive	Gillingham	£129,681	11
ME7 1XF	Railway Street	Gillingham	£141,083	6
ME7 5AT	Boleyn Court, Manor Street, Gillingham	Gillingham	£141,666	3
ME7 2AL	Cypress Court	Gillingham	£145,928	7
ME7 1LL	Richmond Road	Gillingham	£148,666	3