A complete guide to property investment in Gillingham.
Last updated: 18 September 2025
Gillingham offers a blend of affordability and stability, with a price-to-income ratio of 5.0 and a median price per square foot of £301 per sq ft. The area is characterised by a high proportion of older residents, with the population aged 60 and over sitting in the 90th percentile nationally, and a strong owner-occupier presence. Demand appears balanced, as properties spend an average of 54 days on the market and annual sales are at 193. Investors should note the median discount of £3,000 (the typical achieved discount) on sales, suggesting a moderate negotiating environment.
Rental yields are modest, with an average of 3.8%, and the top-performing postcode district achieves 3.5%. This, combined with a rent-to-income ratio of 20.6%, points to a market that is accessible for renters but may not deliver standout returns for landlords.
Median price per sq ft
£301 / sq ft
Average rental yield
3.8%
Capital growth (1y)
-2.8%
Sales in past year
193
* Property stats calculated for last full calendar year (2024).
Live prices in Gillingham (Dorset), South West
* Extreme prices clipped for legibility
Median price
£368,500
25% of properties below...
£248,750
75% of properties below...
£470,625
Most expensive property
£1,200,000
Live listings
164
Median days on market
54
Looking ahead, Gillingham’s property market is likely to remain steady rather than spectacular. The annualised growth over three years is 2.9%, showing slow but consistent appreciation, while the three-year growth figure of 9.0% suggests some resilience over the medium term.
The area’s demographic profile, with a large older population and fewer families or young professionals, is unlikely to change quickly, which could keep both sales and rental demand steady but subdued. Investors should expect modest returns, with rental yields of 3.8% and achievable discounts on purchase. Overall, Gillingham offers an accessible entry point and a stable outlook, but those seeking high growth or strong rental income may need to look elsewhere.
Average yield (%)
* 2025 data for YTD
Median price per sq ft (£/sq ft)
* 2025 data for YTD
Investment properties in Gillingham (Dorset), South West
£275,000 - Offers in Excess of
4 bedroom semi-detached house for sale
King John Road, Gillingham
£145,000 - Guide Price
2 bedroom apartment for sale
Oake Woods, Gillingham, Dorset
£300,000 - Offers Over
3 bedroom detached house for sale
Newbury, Gillingham
£100,000 - Offers in Excess of
2 bedroom flat for sale
Milford Court, Gillingham, SP8
£107,500
1 bedroom retirement property for sale
Barnaby Mill, Gillingham
Typical discounts are limited but real — expect to achieve a reduction off asking.
• Median discount: £3,000
• 1 in 4 properties sell at > £8,125 below asking
• 1 in 10 properties sell at > £14,250 below asking
In percentage terms:
• Median discount of 1.7%
• 25% of properties discounted by > 3.5%
• 10% of properties discounted by > 5.0%
Top postcodes for rental yield and (annualised) capital growth
GeoGlider calculates property investment stats by blending official and proprietary datasets. Here's a quick overview of key sources and how we use them:
HM Land Registry: Property transaction and sold-price records for England & Wales used to calculate historical capital growth, price levels and comparables.
Office for National Statistics (ONS): Demographic and economic indicators for the UK, including Census 2021, supporting area profiling and market context.
Ordnance Survey: Authoritative UK geospatial data powering accurate boundaries, roads and terrain for mapping and spatial analysis.
GeoProp: Our proprietary AI pipeline that processes millions of property listings to extract rich features and live market signals.
Department for Levelling Up, Housing & Communities: Energy Performance Certificate (EPC) scores and property floor areas.
HM Revenue & Customs (HMRC): Household income and employment data to understand local affordability and economic conditions.
Data is updated continuously, matched across sources and rigorously validated.