ME7 1JY is a residential postcode situated on Cross Street, Gillingham, ME7 with 11 addresses.
It ranks as the 265th largest and 44th most expensive of the 960 postcodes in the ME7 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 11 properties: 11 flats.
ME7 1JY is a residential postcode situated on Cross Street, Gillingham, ME7 with 11 addresses.
It ranks as the 265th largest and 44th most expensive of the 960 postcodes in the ME7 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 11 properties: 11 flats.
Sale prices range from £131,605 for 2 bedroom leasehold flats (484 ft2) to £163,108 for 2 bedroom leasehold flats (796 ft2) .
Monthly rental prices range from £921 pcm for 2 bed flats to £998 pcm for 2 bed flats.
The gross rental yield is between 7.3% and 8.4%.
The average value per square foot is £257.
The last sale in ME7 1JY sold for £105,000 on 29th September 2015. Since then prices are up an average of 43.3%.
The current average value in the postcode is £143,873.
The ME7 1JY Sales Market has increased by 29.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.2% | £143,873 |
| April 2025 | 2.7% | £144,113 |
| April 2024 | -3.6% | £140,279 |
| April 2023 | 3.3% | £145,494 |
| April 2022 | 8.2% | £140,885 |
| April 2021 | 3.3% | £130,254 |
| April 2020 | 3.2% | £126,067 |
| April 2019 | -2.5% | £122,126 |
| April 2018 | 5% | £125,285 |
| April 2017 | 7.5% | £119,326 |
| April 2016 | 16.1% | £110,990 |
| April 2015 | 6.8% | £95,625 |
| April 2014 | 9.2% | £89,497 |
| April 2013 | -1.3% | £81,933 |
| April 2012 | -3.2% | £83,033 |
| April 2011 | -0.4% | £85,789 |
| April 2010 | 3.8% | £86,092 |
| April 2009 | -18.1% | £82,962 |
| April 2008 | 3.6% | £101,258 |
| April 2007 | 0% | £97,709 |
The current average rental value in the postcode is £958.
The ME7 1JY Rental Market has increased by 47.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.4% | £958pcm |
| April 2025 | 2% | £936pcm |
| April 2024 | 10.3% | £918pcm |
| April 2023 | 11.1% | £832pcm |
| April 2022 | 7.4% | £749pcm |
| April 2021 | 3.8% | £697pcm |
| April 2020 | 1.5% | £672pcm |
| April 2019 | 1.2% | £662pcm |
| April 2018 | -0.5% | £654pcm |
| April 2017 | 1.1% | £657pcm |
| April 2016 | 7% | £650pcm |
| April 2015 | 6.7% | £607pcm |
| April 2014 | 1.9% | £569pcm |
| April 2013 | 1.4% | £558pcm |
| April 2012 | -0.7% | £551pcm |
| April 2011 | 3.5% | £555pcm |
| April 2010 | -2.2% | £536pcm |
| April 2009 | -2.1% | £548pcm |
| April 2008 | 5.1% | £560pcm |
| April 2007 | 0% | £532pcm |
The last sale was on 29th September 2015 for £105,000 and since then the market in the area has increased by 43.3%. The postcode has had a total of 3 sales since 1995.
ME7 1JY has seen no sales in the last three years and no sales in the last twelve months.
ME7 1JY is the 265th largest and the 44th most expensive postcode out of the 960 postcodes in the ME7 area.
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