ME7 5RR is a residential postcode situated on Middle Street, Gillingham, ME7 with 9 addresses.
It ranks as the 225th largest and 147th 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 9 properties: 9 flats.
ME7 5RR is a residential postcode situated on Middle Street, Gillingham, ME7 with 9 addresses.
It ranks as the 225th largest and 147th 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 9 properties: 9 flats.
Sale prices range from £168,674 for 2 bedroom leasehold flats (645 ft2) to £168,674 for 2 bedroom leasehold flats (645 ft2) .
Monthly rental prices range from £996 pcm for 2 bed flats to £996 pcm for 2 bed flats.
The gross rental yield is between 7.1% and 7.1%.
The average value per square foot is £261.
The last sale in ME7 5RR sold for £225,000 on 26th May 2023. Since then prices are down an average of 0.0%.
The current average value in the postcode is £168,674.
The ME7 5RR Sales Market has increased by 24.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.1% | £168,674 |
| April 2025 | 2.4% | £170,566 |
| April 2024 | -4.2% | £166,622 |
| April 2023 | 2.9% | £173,854 |
| April 2022 | 8% | £169,023 |
| April 2021 | 2.4% | £156,515 |
| April 2020 | 3.2% | £152,804 |
| April 2019 | -0.3% | £148,002 |
| April 2018 | 2.4% | £148,431 |
| April 2017 | 7.1% | £144,981 |
| April 2016 | 16.5% | £135,400 |
| April 2015 | 6.6% | £116,255 |
| April 2014 | 8.6% | £109,090 |
| April 2013 | -2.8% | £100,497 |
| April 2012 | -1.3% | £103,374 |
| April 2011 | -0.4% | £104,699 |
| April 2010 | 4.2% | £105,124 |
| April 2009 | -17.7% | £100,878 |
| April 2008 | 2% | £122,561 |
| April 2007 | 0% | £120,132 |
The current average rental value in the postcode is £996.
The ME7 5RR Rental Market has increased by 42.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.6% | £996pcm |
| April 2025 | 2.3% | £980pcm |
| April 2024 | 9% | £958pcm |
| April 2023 | 12.1% | £879pcm |
| April 2022 | 4.5% | £784pcm |
| April 2021 | 3% | £750pcm |
| April 2020 | 1.3% | £728pcm |
| April 2019 | 1% | £719pcm |
| April 2018 | -0.2% | £711pcm |
| April 2017 | 1.7% | £713pcm |
| April 2016 | 5.9% | £701pcm |
| April 2015 | 6.5% | £662pcm |
| April 2014 | 1.1% | £621pcm |
| April 2013 | 0.9% | £615pcm |
| April 2012 | 1.1% | £609pcm |
| April 2011 | 3.4% | £602pcm |
| April 2010 | -2.2% | £583pcm |
| April 2009 | -2.9% | £595pcm |
| April 2008 | 4.2% | £613pcm |
| April 2007 | 0% | £589pcm |
The last sale was on 26th May 2023 for £225,000 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
ME7 5RR has seen 1 sale in the last three years and no sales in the last twelve months.
ME7 5RR is the 225th largest and the 147th most expensive postcode out of the 960 postcodes in the ME7 area.
Be the first Estate
Agent here!
The closest station to ME7 5RR is Chatham station which is 1.5 kilometres away.
Connect me with
an Estate Agent
Our partner Agents appear here!
Book a demo
Find an Estate
Agent