Richmond Road - ME7 1LR
Key Postcode Insights
ME7 1LR is a residential postcode situated on Richmond Road, Gillingham, ME7 with 32 addresses.
It ranks as the 677th largest and 381st most expensive of the 961 postcodes in the ME7 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 32 properties: 30 houses and 2 flats.
- Ave. Sale Price
- £234,691
- 10 Year change
- up 32.8%
- Ave. Rental Price
- £1,223pcm
- 10 Year change
- up 54.5%
- Ave. £ per ft²
- £225/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Key Postcode Insights
ME7 1LR is a residential postcode situated on Richmond Road, Gillingham, ME7 with 32 addresses.
It ranks as the 677th largest and 381st most expensive of the 961 postcodes in the ME7 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 32 properties: 30 houses and 2 flats.
- Ave. Sale Price
- £234,691
- 10 Year change
- up 32.8%
- Ave. Rental Price
- £1,223pcm
- 10 Year change
- up 54.5%
- Ave. £ per ft²
- £225/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Explore Propertiesin ME7 1LR
- 64 Richmond Road
Unknown
- 66 Richmond Road
4 Bed Period House
- 68 Richmond Road
4 Bed Period House
- 70 Richmond Road
4 Bed Period House
- 72 Richmond Road
3 Bed Period House
Sales Market Trends
The last sale in ME7 1LR sold for £236,000 on 26th July 2024. Since then prices are up an average of 2.2%.
The current average value in the postcode is £234,691.
The ME7 1LR Sales Market has increased by 32.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.2% | £234,691 |
| June 2025 | 2.5% | £235,108 |
| June 2024 | -3.5% | £229,453 |
| June 2023 | 2% | £237,689 |
| June 2022 | 11.3% | £232,964 |
| June 2021 | 4.9% | £209,236 |
| June 2020 | 3.9% | £199,549 |
| June 2019 | -2.8% | £191,971 |
| June 2018 | 4.2% | £197,489 |
| June 2017 | 7.3% | £189,592 |
| June 2016 | 18.3% | £176,677 |
| June 2015 | 8.2% | £149,339 |
| June 2014 | 10.2% | £138,063 |
| June 2013 | 0.3% | £125,256 |
| June 2012 | -1.1% | £124,822 |
| June 2011 | -1.5% | £126,212 |
| June 2010 | 7.2% | £128,119 |
| June 2009 | -16.5% | £119,512 |
| June 2008 | -0.1% | £143,173 |
| June 2007 | 0% | £143,271 |
Rental Market Trends
The current average rental value in the postcode is £1,223.
The ME7 1LR Rental Market has increased by 54.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £1,223pcm |
| June 2025 | 2.9% | £1,193pcm |
| June 2024 | 7% | £1,159pcm |
| June 2023 | 12.8% | £1,083pcm |
| June 2022 | 9.5% | £960pcm |
| June 2021 | 6.5% | £876pcm |
| June 2020 | 1.9% | £823pcm |
| June 2019 | 0.7% | £808pcm |
| June 2018 | 1.1% | £802pcm |
| June 2017 | 0.3% | £794pcm |
| June 2016 | 8.4% | £792pcm |
| June 2015 | 6.8% | £731pcm |
| June 2014 | 3.3% | £684pcm |
| June 2013 | 2.6% | £662pcm |
| June 2012 | 1.7% | £645pcm |
| June 2011 | 3.1% | £635pcm |
| June 2010 | 0.7% | £615pcm |
| June 2009 | -2.9% | £611pcm |
| June 2008 | 4.6% | £630pcm |
| June 2007 | 0% | £602pcm |
Sales History
The last sale was on 26th July 2024 for £236,000 and since then the market in the area has increased by 2.2%. The postcode has had a total of 48 sales since 1995.
ME7 1LR has seen 4 sales in the last three years and no sales in the last twelve months.
- Sold Jul 2024£236,000 | 3 Bed House116, Richmond Road, Gillingham, ME7 1LR116, Richmond Road, Gillingham, ME7 1LR
- Sold Jun 2024£220,000 | 3 Bed House118, Richmond Road, Gillingham, ME7 1LR118, Richmond Road, Gillingham, ME7 1LR
- Sold Sep 2023£230,000 | 4 Bed House90, Richmond Road, Gillingham, ME7 1LR90, Richmond Road, Gillingham, ME7 1LR
- Sold Feb 2023£235,000 | 3 Bed House104, Richmond Road, Gillingham, ME7 1LR104, Richmond Road, Gillingham, ME7 1LR
- Sold Aug 2022£251,500 | 3 Bed House102, Richmond Road, Gillingham, ME7 1LR102, Richmond Road, Gillingham, ME7 1LR
Nearby Postcodes
ME7 1LR is the 677th largest and the 381st most expensive postcode out of the 961 postcodes in the ME7 area.
- ME7 1JL, St. Marys Road, Gillingham, ME7ME7 1JL35 Addresses|59 m away
- ME7 1LS, Richmond Road, Gillingham, ME7ME7 1LS26 Addresses|65 m away
- ME7 1JP, Stanley Road, Gillingham, ME7ME7 1JP17 Addresses|82 m away
- ME7 1NA, Clifton Road, Gillingham, ME7ME7 1NA19 Addresses|88 m away
- ME7 1LT, Devonshire Road, Gillingham, ME7ME7 1LT34 Addresses|93 m away
Property Types
- 24 period houses built between 1800 and 1911
- 2 period flats built between 1800 and 1911
- 1 house of an unknown age
- 5 other addresses of unknown type
- period house (24)
- period flat (2)
- house (1)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 26 properties.
- The most common rating is D.
- A (0)
- E (5)
- B (0)
- F (0)
- C (10)
- G (0)
- D (11)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Aug 2022£310,000 | 2 Bed Flat180, Richmond Road, Gillingham, ME7 1LX180, Richmond Road, Gillingham, ME7 1LX
- Sold Feb 2022£305,000 | 3 Bed House73, Richmond Road, Gillingham, ME7 1LN73, Richmond Road, Gillingham, ME7 1LN
- Sold Nov 2021£280,000 | 4 Bed House174, Richmond Road, Gillingham, ME7 1LX174, Richmond Road, Gillingham, ME7 1LX
Schools Nearby
- Burnt Oak Primary School100 m away
- Oasis Academy Skinner Street500 m away
- St Mary's Catholic Primary School600 m away
- Waterfront UTC600 m away
- Brompton Academy1.3 km away
- The Robert Napier School1.8 km away
More reading links
Public Transport Nearby
The closest station to ME7 1LR is Gillingham (Kent) station, which is 600 metres away.
- Gillingham (Kent)|600 m away
- Chatham|2.4 km away
- Rochester|2.8 km away
- Strood (Kent)|3.4 km away
