Greenbanks, Common Mead Lane - SP8 4RD
Key Building Insights
Greenbanks, Common Mead Lane is a residential building situated on Common Mead Lane, Gillingham, SP8 with 6 addresses.
It ranks as the 88th largest and 87th most expensive of the 109 buildings in the SP8 area. The most common property type is a mid-century house built between 1936 and 1979.
The building contains a total of 6 properties: 6 flats.
- Ave. Sale Price
- £258,838
- 10 Year change
- up 25.4%
- Ave. Rental Price
- £1,107pcm
- 10 Year change
- up 58.6%
- Ave. £ per ft²
- £274/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Key Building Insights
Greenbanks, Common Mead Lane is a residential building situated on Common Mead Lane, Gillingham, SP8 with 6 addresses.
It ranks as the 88th largest and 87th most expensive of the 109 buildings in the SP8 area. The most common property type is a mid-century house built between 1936 and 1979.
The building contains a total of 6 properties: 6 flats.
- Ave. Sale Price
- £258,838
- 10 Year change
- up 25.4%
- Ave. Rental Price
- £1,107pcm
- 10 Year change
- up 58.6%
- Ave. £ per ft²
- £274/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Explore Propertieson Common Mead Lane, Gillingham, SP8
- 1 Greenbanks Common Mead Lane
4 Bed Mid-century House
- 4 Greenbanks Common Mead Lane
3 Bed Mid-century House
- 5 Greenbanks Common Mead Lane
2 Bed Mid-century House
Sales Market Trends
The last sale in Greenbanks, Common Mead Lane sold for £220,000 on 20th September 2024. Since then prices are down an average of 1.7%.
The current average value in the building is £258,838.
The Greenbanks, Common Mead Lane Sales Market has increased by 25.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.2% | £258,838 |
| June 2025 | 0.2% | £264,635 |
| June 2024 | 0.2% | £264,098 |
| June 2023 | -1.9% | £263,526 |
| June 2022 | 14.4% | £268,585 |
| June 2021 | 5.3% | £234,699 |
| June 2020 | -2.1% | £222,850 |
| June 2019 | 0.3% | £227,543 |
| June 2018 | 6.1% | £226,789 |
| June 2017 | 3.6% | £213,789 |
| June 2016 | 8.5% | £206,409 |
| June 2015 | 3.6% | £190,197 |
| June 2014 | 4.5% | £183,612 |
| June 2013 | 1.4% | £175,647 |
| June 2012 | -1.5% | £173,301 |
| June 2011 | -2.1% | £175,979 |
| June 2010 | 9.4% | £179,734 |
| June 2009 | -7% | £164,225 |
| June 2008 | -5.9% | £176,517 |
| June 2007 | 0% | £187,599 |
Rental Market Trends
The current average rental value in the building is £1,107.
The Greenbanks, Common Mead Lane Rental Market has increased by 58.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.7% | £1,107pcm |
| June 2025 | 4.9% | £1,067pcm |
| June 2024 | 5.5% | £1,017pcm |
| June 2023 | 6.2% | £964pcm |
| June 2022 | 10% | £908pcm |
| June 2021 | 9.1% | £825pcm |
| June 2020 | 1.1% | £757pcm |
| June 2019 | 1% | £749pcm |
| June 2018 | 1.9% | £741pcm |
| June 2017 | 4.1% | £727pcm |
| June 2016 | 4% | £698pcm |
| June 2015 | 1.8% | £672pcm |
| June 2014 | 2.4% | £660pcm |
| June 2013 | -0.7% | £645pcm |
| June 2012 | 1.1% | £649pcm |
| June 2011 | 0.7% | £642pcm |
| June 2010 | 3.8% | £638pcm |
| June 2009 | -6.3% | £614pcm |
| June 2008 | 2.7% | £656pcm |
| June 2007 | 0% | £638pcm |
Sales History
The last sale was on 20th September 2024 for £220,000 and since then the market in the area has decreased by 1.7%. The building has had a total of 9 sales since 1995.
Greenbanks, Common Mead Lane, Gillingham, SP8 4RD has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Sep 2024£220,000 | 2 Bed House6 Greenbanks, Common Mead Lane, Gillingham, SP8 4RD6 Greenbanks, Common Mead Lane, Gillingham, SP8 4RD
- Sold May 2023£390,000 | 4 Bed House1 Greenbanks, Common Mead Lane, Gillingham, SP8 4RD1 Greenbanks, Common Mead Lane, Gillingham, SP8 4RD
- Sold Jan 2023£290,000 | 3 Bed House4 Greenbanks, Common Mead Lane, Gillingham, SP8 4RD4 Greenbanks, Common Mead Lane, Gillingham, SP8 4RD
- Sold Jun 2019£332,500 | 4 Bed House1 Greenbanks, Common Mead Lane, Gillingham, SP8 4RD1 Greenbanks, Common Mead Lane, Gillingham, SP8 4RD
- Sold Sep 2014£205,000 | 3 Bed House4 Greenbanks, Common Mead Lane, Gillingham, SP8 4RD4 Greenbanks, Common Mead Lane, Gillingham, SP8 4RD
Property Types
- 4 mid-century houses built between 1936 and 1979
- 2 other addresses of unknown type
- mid-century house (4)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is E.
- A (0)
- E (2)
- B (0)
- F (0)
- C (1)
- G (0)
- D (1)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Aug 2021£775,000 | 2 Bed HouseThorngrove Lodge, Common Mead Lane, Gillingham, SP8 4REThorngrove Lodge, Common Mead Lane, Gillingham, SP8 4RE
- Sold Aug 2025£725,000 | 5 Bed HouseHolly Berry, Common Mead Lane, Gillingham, SP8 4REHolly Berry, Common Mead Lane, Gillingham, SP8 4RE
- Sold Aug 2023£615,000 | 5 Bed HouseAshtrees, Common Mead Lane, Gillingham, SP8 4REAshtrees, Common Mead Lane, Gillingham, SP8 4RE
Schools Nearby
- Wyke Primary School300 m away
- Gillingham Primary School1.0 km away
- St Mary the Virgin Church of England Primary School1.9 km away
- Gillingham School1.3 km away
- Shaftesbury School7.7 km away
- King Arthur's School10.0 km away
More reading links
Public Transport Nearby
The closest station to Greenbanks, Common Mead Lane, Gillingham, SP8 4RD is Gillingham (Dorset) station, which is 900 metres away.
- Gillingham (Dorset)|900 m away
- Templecombe|9.9 km away
- Bruton|14.2 km away
- Tisbury|14.8 km away
