ME7 5LP is a residential postcode situated on Milton Road, Gillingham, ME7 with 44 addresses.
It ranks as the 833rd largest and 351st 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 44 properties: 44 houses.
ME7 5LP is a residential postcode situated on Milton Road, Gillingham, ME7 with 44 addresses.
It ranks as the 833rd largest and 351st 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 44 properties: 44 houses.
Sale prices range from £220,521 for 3 bedroom freehold houses with a garden (678 ft2) to £278,798 for 3 bedroom freehold houses with a garden (1,076 ft2) .
Monthly rental prices range from £1,219 pcm for 3 bed houses to £1,394 pcm for 3 bed houses.
The gross rental yield is between 6.0% and 6.6%.
The average value per square foot is £306.
The last sale in ME7 5LP sold for £242,000 on 12th January 2026. Since then prices are down an average of 0.8%.
The current average value in the postcode is £238,275.
The ME7 5LP Sales Market has increased by 40.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.1% | £238,275 |
| April 2025 | 5.3% | £240,937 |
| April 2024 | -5.7% | £228,797 |
| April 2023 | 4.7% | £242,695 |
| April 2022 | 11.9% | £231,843 |
| April 2021 | 5.2% | £207,251 |
| April 2020 | 2.8% | £197,048 |
| April 2019 | -0.9% | £191,622 |
| April 2018 | 4.6% | £193,294 |
| April 2017 | 9.2% | £184,713 |
| April 2016 | 19.2% | £169,140 |
| April 2015 | 8.9% | £141,900 |
| April 2014 | 10% | £130,284 |
| April 2013 | 1.8% | £118,463 |
| April 2012 | 0.2% | £116,374 |
| April 2011 | -0.4% | £116,171 |
| April 2010 | 7.2% | £116,673 |
| April 2009 | -18.9% | £108,859 |
| April 2008 | 3.2% | £134,310 |
| April 2007 | 0% | £130,126 |
The current average rental value in the postcode is £1,285.
The ME7 5LP Rental Market has increased by 60.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.5% | £1,285pcm |
| April 2025 | 4.7% | £1,266pcm |
| April 2024 | 7.9% | £1,210pcm |
| April 2023 | 13.3% | £1,121pcm |
| April 2022 | 9.5% | £989pcm |
| April 2021 | 5.8% | £903pcm |
| April 2020 | 1% | £853pcm |
| April 2019 | 1.7% | £845pcm |
| April 2018 | 0.4% | £831pcm |
| April 2017 | 3.4% | £828pcm |
| April 2016 | 9% | £801pcm |
| April 2015 | 8.9% | £735pcm |
| April 2014 | 2.6% | £675pcm |
| April 2013 | 5.3% | £658pcm |
| April 2012 | 2.7% | £625pcm |
| April 2011 | 3.4% | £608pcm |
| April 2010 | 1% | £589pcm |
| April 2009 | -3.7% | £583pcm |
| April 2008 | 5.1% | £605pcm |
| April 2007 | 0% | £576pcm |
The last sale was on 12th January 2026 for £242,000 and since then the market in the area has decreased by 0.8%. The postcode has had a total of 91 sales since 1995.
ME7 5LP has seen 7 sales in the last three years and 2 sales in the last twelve months.
ME7 5LP is the 833rd largest and the 351st most expensive postcode out of the 960 postcodes in the ME7 area.
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The recent census recorded whether a resident owned or rented their home.
In the area around ME7 5LP, 41.1% of property is privately owned with a mortgage and 33.0% is privately rented.
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 5LP, 31.9% of residents are recorded as possessing school level qualifications and 29.2% 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 5LP, the average age was 35.7 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 5LP, 0.5% 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 5LP, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.