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House Prices in SP8

The average house price in SP8 (Gillingham) is £326,248 using HM Land Registry data.

The average property price decreased by £29,831 (-5.8%) over the last 5 years and decreased by £5,963 (-1.22%) over the last 12 months.

Over the last year, there were 233 residential property sales – a decrease of 68 transactions (-29.18%) relative to the previous year. The majority of house sales (56) were in the £228,000 - £296,000 range. Then came properties in the £160,000 - £228,000 range, where 42 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 74 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,217 (-3%).

In Jul 2026, there were 70 new estate agency instructions, 35 agreed home sales and 41 property price reductions.

5-Year Average Property Prices in SP8 (Gillingham)

-5.8%

Property prices in SP8 (Gillingham) decreased by -5.8% 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 SP8 (Gillingham) Over the Last Year

-1.22%

Property prices in SP8 (Gillingham) decreased by -1.22% 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 SP8 (Gillingham) - Jul 2026

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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 SP8 (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 SP8 (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 SP8 (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 SP8 (Gillingham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the SP8 postcode area since 1995.

Recent Sales in SP8 (Gillingham)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
The Garden House, Witch Lane, Gillingham, SP8 5NZ	£460,000	£455,000	-£5,000	19 Feb 2026	15 May 2026	85 Days
8 Wiltshire Close, Gillingham, SP8 4LZ	£225,000	£222,500	-£2,500	17 Dec 2025	14 May 2026	148 Days
53 Cherryfields, Gillingham, SP8 4TJ	£350,000	£340,000	-£10,000	09 Sep 2025	07 May 2026	240 Days
50 Chaffinch Chase, Gillingham, SP8 4GT	£418,000	£399,990	-£18,010	12 Aug 2025	01 May 2026	262 Days
31 Sylvan Way, Gillingham, SP8 4EQ	£200,000	£187,000	-£13,000	05 Feb 2026	30 Apr 2026	84 Days
7 Yalbury Wood Way, Gillingham, SP8 4GR	£375,000	£365,000	-£10,000	06 Jan 2026	24 Apr 2026	108 Days
6 Bayridge Farm, Bay Road, Gillingham, SP8 4EP	£450,000	£440,000	-£10,000	26 Sep 2025	23 Apr 2026	209 Days
27 Royal Lodge, Newbury, Gillingham, SP8 4WG	£70,000	£70,000	£0	28 Oct 2025	15 Apr 2026	169 Days
34 Windsor Lane, Gillingham, SP8 4TG	£310,000	£300,000	-£10,000	03 Feb 2026	14 Apr 2026	70 Days
7 Barnaby Mead, Gillingham, SP8 4AL	£500,000	£500,000	£0	14 Nov 2025	13 Apr 2026	150 Days
41 Freame Way, Gillingham, SP8 4RA	£400,000	£387,000	-£13,000	19 Dec 2025	13 Apr 2026	115 Days
3 Bourne Way, Gillingham, SP8 4PF	£280,000	£278,000	-£2,000	30 Jun 2025	08 Apr 2026	282 Days
36 Honeyfields, Gillingham, SP8 4TN	£160,000	£148,000	-£12,000	12 Sep 2025	07 Apr 2026	207 Days
South View, Tomlins Lane, Gillingham, SP8 4BH	£265,000	£265,000	£0	22 Sep 2025	02 Apr 2026	192 Days
2 King John Road, Gillingham, SP8 4PG	£160,000	£147,000	-£13,000	21 Jul 2025	01 Apr 2026	254 Days
1 Hine Close, Gillingham, SP8 4GN	£255,000	£255,000	£0	07 Nov 2025	31 Mar 2026	144 Days
17 Cresscombe Close, Gillingham, SP8 4GS	£200,000	£200,000	£0	14 Jan 2026	30 Mar 2026	75 Days
5a, Hine Close, Gillingham, SP8 4GN	£350,000	£345,000	-£5,000	11 Apr 2025	20 Mar 2026	343 Days
20 Broadacres, Gillingham, SP8 4SB	£260,000	£258,000	-£2,000	17 Sep 2025	20 Mar 2026	184 Days
10 Hilmar Drive, Gillingham, SP8 4PL	£250,000	£240,000	-£10,000	12 Aug 2025	19 Mar 2026	219 Days

Most Expensive Streets in SP8 (Gillingham)

Postcode	Street	Area	Average	No. of Sales
SP8 5EG	Church Hill	Gillingham	£1,247,235	3
SP8 5PZ	Back Lane, Milton On Stour	Gillingham	£736,916	3
SP8 5RR	Fifehead Hill, Fifehead Magdalen	Gillingham	£652,166	6
SP8 5RZ	The Street	Gillingham	£650,833	6
SP8 5JR	Hunger Hill	Gillingham	£644,000	5
SP8 5RN	Church Street	Gillingham	£640,362	4
SP8 5PY	Post Office Road To Pierstons Fields - Road	Gillingham	£620,833	3
SP8 5HS	Church Hill	Gillingham	£605,833	3
SP8 5RL	Church Street	Gillingham	£603,650	10
SP8 5DA	Mill Lane	Gillingham	£603,333	3

Least Expensive Streets in SP8 (Gillingham)

Postcode	Street	Area	Average	No. of Sales
SP8 4SR	Meadowcroft	Gillingham	£80,083	12
SP8 4WG	Royal Lodge, Newbury	Gillingham	£105,218	25
SP8 4SX	Milford Court	Gillingham	£111,062	4
SP8 4AD	Barnaby Mill, Barnaby Mead	Gillingham	£114,080	21
SP8 4LR	Nexus, Addison Close	Gillingham	£114,375	8
SP8 4GL	Kingfisher Avenue	Gillingham	£115,083	3
SP8 4LU	Ham Court, Shaftesbury Road	Gillingham	£119,500	4
SP8 4YS	Wathen Court	Gillingham	£123,312	4
SP8 4DL	King Edmund Court, Rolls Bridge Lane	Gillingham	£124,500	23
SP8 4ND	Mead Court, Common Mead Avenue	Gillingham	£150,000	3