ME7 1JU is a residential postcode situated on Cross Street, Gillingham, ME7 with 15 addresses.
It ranks as the 361st largest and 236th most expensive of the 960 postcodes in the ME7 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 15 properties: 11 houses and 4 flats.
ME7 1JU is a residential postcode situated on Cross Street, Gillingham, ME7 with 15 addresses.
It ranks as the 361st largest and 236th most expensive of the 960 postcodes in the ME7 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 15 properties: 11 houses and 4 flats.
Sale prices range from £116,620 for 1 bedroom Leasehold flats (387 ft2) to £267,134 for 4 bedroom freehold houses with a garden (1,140 ft2) .
Monthly rental prices range from £824 pcm for 1 bed flats to £1,375 pcm for 4 bed houses.
The gross rental yield is between 6.2% and 8.5%.
The average value per square foot is £264.
The last sale in ME7 1JU sold for £215,000 on 13th July 2022. Since then prices are up an average of 8.4%.
The current average value in the postcode is £205,114.
The ME7 1JU Sales Market has increased by 34.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.7% | £205,114 |
| April 2025 | 3.7% | £206,626 |
| April 2024 | -4.4% | £199,274 |
| April 2023 | 4.1% | £208,452 |
| April 2022 | 9.3% | £200,263 |
| April 2021 | 4.3% | £183,158 |
| April 2020 | 2.8% | £175,562 |
| April 2019 | -2.1% | £170,781 |
| April 2018 | 5.2% | £174,407 |
| April 2017 | 8.5% | £165,853 |
| April 2016 | 16.9% | £152,895 |
| April 2015 | 7.9% | £130,807 |
| April 2014 | 9.4% | £121,252 |
| April 2013 | 0.3% | £110,784 |
| April 2012 | -1.6% | £110,425 |
| April 2011 | -0.4% | £112,217 |
| April 2010 | 5.3% | £112,634 |
| April 2009 | -18.7% | £106,941 |
| April 2008 | 4% | £131,536 |
| April 2007 | 0% | £126,467 |
The current average rental value in the postcode is £1,169.
The ME7 1JU Rental Market has increased by 52.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.8% | £1,169pcm |
| April 2025 | 3% | £1,148pcm |
| April 2024 | 9.3% | £1,115pcm |
| April 2023 | 11.9% | £1,020pcm |
| April 2022 | 8.6% | £911pcm |
| April 2021 | 4.8% | £839pcm |
| April 2020 | 1.1% | £800pcm |
| April 2019 | 1.7% | £791pcm |
| April 2018 | -0.3% | £778pcm |
| April 2017 | 2% | £781pcm |
| April 2016 | 7.7% | £765pcm |
| April 2015 | 7.8% | £710pcm |
| April 2014 | 2.1% | £659pcm |
| April 2013 | 3.1% | £646pcm |
| April 2012 | 0.9% | £626pcm |
| April 2011 | 3.4% | £621pcm |
| April 2010 | -0.7% | £600pcm |
| April 2009 | -2.8% | £604pcm |
| April 2008 | 5.5% | £622pcm |
| April 2007 | 0% | £590pcm |
The last sale was on 13th July 2022 for £215,000 and since then the market in the area has increased by 8.4%. The postcode has had a total of 20 sales since 1995.
ME7 1JU has seen no sales in the last three years and no sales in the last twelve months.
ME7 1JU is the 361st largest and the 236th most expensive postcode out of the 960 postcodes in the ME7 area.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 ME7 1JU, 64.7% of property is privately rented and 19.6% is privately owned with a mortgage.
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 ME7 1JU, 25.0% of residents are recorded as possessing school level qualifications and 26.3% 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 ME7 1JU, the average age was 34.6 and the most common age was 32.
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 ME7 1JU, 0.0% 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 ME7 1JU, there are an average of 0.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.