ME7 1FU

ME7 1FUHouse Prices / South East, Medway, Pearl Lane

Name: ME7 1FU
Address: ME7 1FU, Medway, South East, ME7 1FU, United Kingdom

Last updated May 2026

Key Postcode Insights

ME7 1FU is a residential postcode situated on Pearl Lane, Gillingham, ME7 with 71 addresses.

It ranks as the 952nd largest and 350th most expensive of the 960 postcodes in the ME7 area. The dominant property type is a modern flat built after 1980.

The postcode contains a total of 71 properties: 71 flats.

Properties

Flats

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Key Postcode Insights

ME7 1FU is a residential postcode situated on Pearl Lane, Gillingham, ME7 with 71 addresses.

It ranks as the 952nd largest and 350th most expensive of the 960 postcodes in the ME7 area. The dominant property type is a modern flat built after 1980.

The postcode contains a total of 71 properties: 71 flats.

Properties

Flats

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House Pricesin ME7 1FU

Sale prices range from £181,024 for 1 bedroom leasehold flats with a balcony (376 ft²) to £318,244 for 3 bedroom leasehold flats with a balcony (1,001 ft²) .

Monthly rental prices range from £966 pcm for 1 bed flats to £1,513 pcm for 3 bed flats.

The gross rental yield is between 5.5% and 6.4%.

The average value per square foot is £390.

Average Sale Value

£234,902

Average Rental Value

£1,172 pcm

Average Rental Yield

6.0% /year

Average Value Per Sqft

£390 /ft²

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Prices last updated 1st May 2026

Sales Market Trendsin ME7 1FU

The last sale in ME7 1FU sold for £180,000 on 21st May 2025. Since then prices are down an average of 1.8%.

The current average value in the postcode is £234,902.
The ME7 1FU Sales Market has increased by 22.8% over the last 10 years.

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Period	Year on Year	Average Price
April 2026	-2.3%	£234,902
April 2025	1.3%	£240,416
April 2024	-4.9%	£237,418
April 2023	3.8%	£249,646
April 2022	7%	£240,601
April 2021	3.1%	£224,807
April 2020	2.3%	£218,116
April 2019	-1.7%	£213,167
April 2018	3.9%	£216,864
April 2017	9.1%	£208,772
April 2016	14.4%	£191,321
April 2015	6.8%	£167,209
April 2014	8.2%	£156,591
April 2013	-0.9%	£144,753
April 2012	-0.5%	£146,132
April 2011	-0.8%	£146,814
April 2010	4.9%	£147,977
April 2009	-18.7%	£141,091
April 2008	4.7%	£173,556
April 2007	0%	£165,727

Rental Market Trendsin ME7 1FU

The current average rental value in the postcode is £1,172.
The ME7 1FU Rental Market has increased by 40.2% over the last 10 years.

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Period	Year on Year	Average Price
April 2026	0.2%	£1,172pcm
April 2025	0.8%	£1,169pcm
April 2024	8.6%	£1,159pcm
April 2023	11.8%	£1,067pcm
April 2022	6.2%	£955pcm
April 2021	3.6%	£899pcm
April 2020	0.6%	£868pcm
April 2019	1.9%	£863pcm
April 2018	-1.3%	£847pcm
April 2017	2.6%	£858pcm
April 2016	5.6%	£836pcm
April 2015	6.7%	£792pcm
April 2014	0.8%	£742pcm
April 2013	1.8%	£736pcm
April 2012	2.1%	£723pcm
April 2011	3%	£709pcm
April 2010	-1%	£688pcm
April 2009	-3.2%	£695pcm
April 2008	6.2%	£718pcm
April 2007	0%	£676pcm

Explore Buildingsin ME7 1FU, Pearl Lane, Gillingham, ME7

The Boardwalk, Pearl Lane, Gillingham, ME7 Modern building71 units

Sales History
in ME7 1FU

The last sale was on 21st May 2025 for £180,000 and since then the market in the area has decreased by 1.8%. The postcode has had a total of 88 sales since 1995.