A complete guide to property investment in Gillingham.
Last updated: 18 September 2025
Gillingham stands out as a lively part of Medway with a large student population and a strong presence of families, making it an appealing spot for investors looking for steady rental demand. The average rental yield is robust at 6.5%, and the top-performing postcode district achieves an even higher yield of 7.8%, suggesting there are pockets of particularly strong returns. Sales liquidity is healthy, with properties typically spending 39 days on the market, and the median discount is £0 (the typical achieved discount), indicating sellers are generally achieving their asking prices.
Affordability is reasonable for the South East, with a price-to-income ratio of 5.4 and a rent-to-income ratio of 28.1%, both sitting comfortably below the South East's pricier hotspots. The current median asking sale price for a 3-bedroom house is £325,000 and for a 2-bedroom flat it's £220,000, while median rents are £1,500 and £1,450 respectively. Investors should note the mix of owner-occupied and private rented housing, which is fairly balanced, and the area’s relatively young demographic, which could support long-term rental demand.
Median price per sq ft
£343 / sq ft
Average rental yield
6.5%
Capital growth (1y)
-1.9%
Sales in past year
1,301
* Property stats calculated for last full calendar year (2024).
Live prices in Gillingham (Medway), South East
* Extreme prices clipped for legibility
Median price
£325,000
25% of properties below...
£240,000
75% of properties below...
£450,000
Most expensive property
£2,800,000
Live listings
642
Median days on market
39
The outlook for Gillingham is mildly positive, especially for investors focused on rental income rather than rapid capital growth. The three-year capital growth sits at 6.9%, with annualised growth of 2.3%, so there is evidence of steady, if unspectacular, long-term appreciation. Given the strong rental yields and quick sales, the market appears to support both liquidity and income-focused strategies.
With the student and young family population both well above average, rental demand should remain resilient. While the area’s recent capital growth has changed by -1.9% over the past year, the fundamentals suggest a stable environment for landlords willing to take a long-term view. Investors should keep an eye on economic shifts, but the balance of affordability and demand makes Gillingham worth consideration.
Average yield (%)
* 2025 data for YTD
Median price per sq ft (£/sq ft)
* 2025 data for YTD
Investment properties in Gillingham (Medway), South East
£280,000 - Offers in Region of
2 bedroom semi-detached house for sale
Rosebery Road, Gillingham, ME7
£490,000 - Offers in Excess of
4 bedroom detached house for sale
The Crescent, St. Marys Island
£201,000
2 bedroom apartment for sale
Dock Head Road, Chatham
£215,000 - Offers Over
2 bedroom flat for sale
Pearl Lane, Gillingham, Medway, ME7
£350,000
6 bedroom end of terrace house for sale
River Street, Gillingham
£750,000 - Guide Price
6 bedroom detached house for sale
Century Road, Gillingham, ME8
£450,000 - Guide Price
5 bedroom end of terrace house for sale
Station Road, Rainham
£187,500 - Guide Price
3 bedroom terraced house for sale
14 Cavendish Avenue, Gillingham, Ke...
Buyers should not expect big bargains — discounts are marginal.
• Median discount: £0
• 1 in 4 properties sell at > £5,000 below asking
• 1 in 10 properties sell at > £13,000 below asking
In percentage terms:
• Median discount of 0.0%
• 25% of properties discounted by > 1.8%
• 10% of properties discounted by > 3.5%
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.