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Property investment stats for Gillingham (Medway), South East

A complete guide to property investment in Gillingham.

Last updated: 18 September 2025

Investment summary

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.

Image of Gillingham (Medway), South East

Key investment stats for Gillingham

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 property stats in Gillingham

Live prices in Gillingham (Medway), South East

* Extreme prices clipped for legibility

Properties for sale

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

Should you invest in Gillingham?

Opportunities

  • The average rental yield of 6.5% is appealing, with the top postcode district achieving an even higher 7.8%, making buy-to-let investments attractive in certain pockets.
  • Properties are typically selling quickly, with an average of 39 days on the market and a median discount of £0 (the typical achieved discount), suggesting strong demand and limited need for price negotiation.
  • The area’s high student and young adult population, both in the upper percentiles nationally, points to consistent demand for rental properties, especially those suitable for sharers or families.

Risks

  • One-year capital growth has changed by -1.9%, which may give investors pause if their focus is short-term appreciation.
  • The degree-educated and professional population is below the national median, which could impact demand for higher-end or premium rentals.
  • The area’s unemployment rate is in the 67th percentile, which is higher than average and could affect tenant stability or long-term growth.

Outlook

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.

Live properties in Gillingham

Investment properties in Gillingham (Medway), South East

2 bedroom semi-detached house for sale
34% below median price

£280,000 - Offers in Region of

2 bedroom semi-detached house for sale

Rosebery Road, Gillingham, ME7

Properties needing refurbishment in Gillingham (Medway), South East
Needs Refurb
4 bedroom detached house for sale
21% below median price

£490,000 - Offers in Excess of

4 bedroom detached house for sale

The Crescent, St. Marys Island

Priced to sell properties in Gillingham (Medway), South East
Priced to Sell
2 bedroom apartment for sale
On market for 176 days

£201,000

2 bedroom apartment for sale

Dock Head Road, Chatham

Slow to sell properties in Gillingham (Medway), South East
Slow to Sell
2 bedroom flat for sale
Reduced by 14%

£215,000 - Offers Over

2 bedroom flat for sale

Pearl Lane, Gillingham, Medway, ME7

Big price drop properties in Gillingham (Medway), South East
Big Price Drop
6 bedroom end of terrace house for sale
High yield opportunity

£350,000

6 bedroom end of terrace house for sale

River Street, Gillingham

HMO properties in Gillingham (Medway), South East
HMO
6 bedroom detached house for sale
2,633 sq ft

£750,000 - Guide Price

6 bedroom detached house for sale

Century Road, Gillingham, ME8

Properties with planning granted in Gillingham (Medway), South East
Planning Granted
5 bedroom end of terrace house for sale
46% below median price

£450,000 - Guide Price

5 bedroom end of terrace house for sale

Station Road, Rainham

Low price-per-sq-ft properties in Gillingham (Medway), South East
Low Price per Sq Ft
3 bedroom terraced house for sale
39% below median price

£187,500 - Guide Price

3 bedroom terraced house for sale

14 Cavendish Avenue, Gillingham, Ke...

Auction properties in Gillingham (Medway), South East
Auction

Achieved vs asking prices

Key takeaway: Seller's market

Buyers should not expect big bargains — discounts are marginal.

Headline stats

• 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%

Best places to invest in Gillingham

Top postcodes for rental yield and (annualised) capital growth

Rank
Postcode
Yield
Capital growth
Median £/sq ft
1ME47.8%0.8%£309 / sq ft
2ME76.6%3.4%£310 / sq ft
3ME85.7%2.4%£364 / sq ft

Data sources

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.