Bricks&Logic
ME7 1GQ
Pegasus Way, Medway, South East
ME7 1GQ

ME7 1GQHouse Prices / South East, Medway, Pegasus Way

Last updated May 2026

Key Postcode Insights

ME7 1GQ is a residential postcode situated on Pegasus Way, Gillingham, ME7 with 45 addresses.

It ranks as the 834th largest and 5th 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 45 properties: 45 flats.

45
Properties
  • Flats

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House Pricesin ME7 1GQ

Sale prices range from £99,410 for 1 bedroom leasehold flats (398 ft2) to £133,038 for 2 bedroom leasehold flats (721 ft2) .

Monthly rental prices range from £699 pcm for 1 bed flats to £842 pcm for 2 bed flats.

The gross rental yield is between 7.6% and 8.4%.

The average value per square foot is £223.

Average Sale Value
£118,654
Average Rental Value
£788 pcm
Average Rental Yield
8.0% /year
Average Value Per Sqft
£223 /ft2
Prices last updated 1st May 2026
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Sales Market Trendsin ME7 1GQ

The last sale in ME7 1GQ sold for £108,500 on 5th January 2024. Since then prices are up an average of 2.4%.

The current average value in the postcode is £118,654.
The ME7 1GQ Sales Market has increased by 29.9% over the last 10 years.

PeriodYear on YearAverage Price
April 20260%£118,654
April 20252.6%£118,632
April 2024-3.4%£115,638
April 20233.1%£119,738
April 20228.4%£116,170
April 20213.4%£107,122
April 20203.4%£103,563
April 2019-2.7%£100,135
April 20185%£102,920
April 20177.3%£98,048
April 201616.2%£91,336
April 20156.8%£78,616
April 20149.6%£73,618
April 2013-1.2%£67,147
April 2012-3.7%£67,982
April 2011-0.5%£70,592
April 20103.5%£70,921
April 2009-17.5%£68,494
April 20083.5%£83,029
April 20070%£80,214
Blog header image

Rental Market Trendsin ME7 1GQ

The current average rental value in the postcode is £788.
The ME7 1GQ Rental Market has increased by 48.3% over the last 10 years.

PeriodYear on YearAverage Price
April 20262.6%£788pcm
April 20252.1%£768pcm
April 202410.3%£752pcm
April 202311%£682pcm
April 20227.6%£615pcm
April 20213.9%£571pcm
April 20201.7%£549pcm
April 20190.9%£540pcm
April 2018-0.2%£536pcm
April 20171%£537pcm
April 20167.2%£532pcm
April 20156.7%£496pcm
April 20142.1%£465pcm
April 20131.5%£455pcm
April 2012-1.3%£448pcm
April 20113.3%£454pcm
April 2010-2.3%£439pcm
April 2009-1.8%£450pcm
April 20084.9%£458pcm
April 20070%£436pcm
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Explore Buildingsin ME7 1GQ, Pegasus Way, Gillingham, ME7

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Sales History
in ME7 1GQ

The last sale was on 5th January 2024 for £108,500 and since then the market in the area has increased by 2.4%. The postcode has had a total of 49 sales since 1995.

ME7 1GQ has seen 2 sales in the last three years and no sales in the last twelve months.

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Nearby Postcodesto ME7 1GQ

ME7 1GQ is the 834th largest and the 5th most expensive postcode out of the 960 postcodes in the ME7 area.

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Agent here!

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Property Typesin ME7 1GQ

  • 45 modern flats built after 1980
  • modern flat (45)
Energy Efficiency

Energy Efficiencyof properties in ME7 1GQ

  • Energy Performance Certificate (EPC) surveys conducted for 45 properties.
  • The dominant rating is B.
  • A (0)
  • E (0)
  • B (42)
  • F (0)
  • C (3)
  • G (0)
  • D (0)
  • No EPC (0)
properties list title title

Top 3 Most Expensive Saleson Pegasus Way

Schools Nearby

Schools Nearbyto ME7 1GQ

The nearest primary school to ME7 1GQ is Burnt Oak Primary School which is 587 metres away.
  • 587
    m
    Burnt Oak Primary School
  • 714
    m
    Saxon Way Primary School
  • 931
    m
    St Mary's Catholic Primary School
The nearest secondary school is Waterfront UTC which is 504 metres away.
  • 504
    m
    Waterfront UTC
  • 1.9
    km
    Brompton Academy
  • 2.1
    km
    The Robert Napier School
More reading links
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Schools and house prices
Source: Ofsted 2026
Public Transport Nearby

Public Transport Nearbyto ME7 1GQ

The closest station to ME7 1GQ is Gillingham (Kent) station which is 1.2 kilometres away.

  • 1.2
    km
    Gillingham (Kent)
  • 3.0
    km
    Chatham
  • 3.4
    km
    Rochester
  • 3.8
    km
    Strood (Kent)
Source: National Rail


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