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118 Rainham Road is a residential building situated on Rainham Road, Chatham, ME5 with 2 addresses.
It ranks as the 14th largest and 172nd most expensive of the 218 buildings in the ME5 area. The dominant property type is a period house built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
118 Rainham Road is a residential building situated on Rainham Road, Chatham, ME5 with 2 addresses.
It ranks as the 14th largest and 172nd most expensive of the 218 buildings in the ME5 area. The dominant property type is a period house built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
Sale prices range from £114,883 for 1 bedroom leasehold flats (301 ft2) to £264,915 for 3 bedroom freehold houses with a garden (861 ft2) .
Monthly rental prices range from £692 pcm for 1 bed flats to £1,384 pcm for 3 bed houses.
The gross rental yield is between 6.3% and 7.2%.
The average value per square foot is £345.
The current average value in the building is £189,899.
The 118 Rainham Road Sales Market has increased by 31.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.2% | £189,899 |
| May 2025 | 3.1% | £190,292 |
| May 2024 | -4.2% | £184,610 |
| May 2023 | 1.6% | £192,796 |
| May 2022 | 12.1% | £189,688 |
| May 2021 | 4.5% | £169,273 |
| May 2020 | 2.9% | £161,937 |
| May 2019 | -0.9% | £157,411 |
| May 2018 | 2.7% | £158,898 |
| May 2017 | 7.5% | £154,760 |
| May 2016 | 19.5% | £143,969 |
| May 2015 | 7.4% | £120,521 |
| May 2014 | 11.2% | £112,255 |
| May 2013 | -0.7% | £100,925 |
| May 2012 | -0.2% | £101,617 |
| May 2011 | -2.2% | £101,814 |
| May 2010 | 7.2% | £104,133 |
| May 2009 | -17.3% | £97,120 |
| May 2008 | 0% | £117,488 |
| May 2007 | 0% | £117,465 |
The current average rental value in the building is £1,038.
The 118 Rainham Road Rental Market has increased by 49.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.2% | £1,038pcm |
| May 2025 | 3.3% | £1,016pcm |
| May 2024 | 7% | £984pcm |
| May 2023 | 12.2% | £919pcm |
| May 2022 | 8.5% | £819pcm |
| May 2021 | 5.7% | £755pcm |
| May 2020 | 1.2% | £714pcm |
| May 2019 | 0.5% | £706pcm |
| May 2018 | 0.5% | £703pcm |
| May 2017 | 1.1% | £700pcm |
| May 2016 | 9% | £692pcm |
| May 2015 | 8.5% | £635pcm |
| May 2014 | 2.3% | £585pcm |
| May 2013 | 1.9% | £572pcm |
| May 2012 | 1.7% | £561pcm |
| May 2011 | 3.9% | £552pcm |
| May 2010 | -0.5% | £531pcm |
| May 2009 | -3.7% | £534pcm |
| May 2008 | 3.5% | £555pcm |
| May 2007 | 0% | £536pcm |
The closest station to 118, Rainham Road, Chatham, ME5 7EL is Gillingham (Kent) station which is 1.5 kilometres away.
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According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 118, Rainham Road, Chatham, ME5 7EL, 32.6% of property is privately owned with a mortgage and 25.4% is privately rented.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 118, Rainham Road, Chatham, ME5 7EL, 23.0% of residents are recorded as possessing school level qualifications and 26.7% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 118, Rainham Road, Chatham, ME5 7EL, the average age was 35.1 and the most common age was 2.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 118, Rainham Road, Chatham, ME5 7EL, 0.6% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 118, Rainham Road, Chatham, ME5 7EL, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.