Derwent Way - ME8 0BT
Key Postcode Insights
ME8 0BT is a residential postcode situated on Derwent Way, Gillingham, ME8 with 20 addresses.
It ranks as the 589th largest and 7th most expensive of the 1,075 postcodes in the ME8 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 20 properties: 6 houses and 14 flats.
- Ave. Sale Price
- £183,794
- 10 Year change
- up 25.6%
- Ave. Rental Price
- £1,061pcm
- 10 Year change
- up 50.0%
- Ave. £ per ft²
- £327/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Key Postcode Insights
ME8 0BT is a residential postcode situated on Derwent Way, Gillingham, ME8 with 20 addresses.
It ranks as the 589th largest and 7th most expensive of the 1,075 postcodes in the ME8 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 20 properties: 6 houses and 14 flats.
- Ave. Sale Price
- £183,794
- 10 Year change
- up 25.6%
- Ave. Rental Price
- £1,061pcm
- 10 Year change
- up 50.0%
- Ave. £ per ft²
- £327/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Explore Propertiesin ME8 0BT
- 16 Derwent Way
3 Bed Mid-century House
- 18 Derwent Way
3 Bed Period House
- 25 Derwent Way
2 Bed Mid-century Flat
- 27 Derwent Way
2 Bed Mid-century Flat
- 29 Derwent Way
2 Bed Mid-century Flat
Sales Market Trends
The last sale in ME8 0BT sold for £340,000 on 24th July 2024. Since then prices are up an average of 0.5%.
The current average value in the postcode is £183,794.
The ME8 0BT Sales Market has increased by 25.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.2% | £183,794 |
| June 2025 | 0.8% | £184,194 |
| June 2024 | -1.4% | £182,732 |
| June 2023 | -2.4% | £185,266 |
| June 2022 | 10.3% | £189,789 |
| June 2021 | 5.9% | £172,077 |
| June 2020 | 1.2% | £162,493 |
| June 2019 | 0.1% | £160,517 |
| June 2018 | 2.8% | £160,298 |
| June 2017 | 6.5% | £155,895 |
| June 2016 | 14.4% | £146,334 |
| June 2015 | 9% | £127,871 |
| June 2014 | 10.3% | £117,344 |
| June 2013 | 2.7% | £106,359 |
| June 2012 | 0.6% | £103,585 |
| June 2011 | -2.2% | £103,011 |
| June 2010 | 7.1% | £105,275 |
| June 2009 | -13.6% | £98,276 |
| June 2008 | -2.9% | £113,746 |
| June 2007 | 0% | £117,122 |
Rental Market Trends
The current average rental value in the postcode is £1,061.
The ME8 0BT Rental Market has increased by 50.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.4% | £1,061pcm |
| June 2025 | 2.7% | £1,036pcm |
| June 2024 | 8.9% | £1,009pcm |
| June 2023 | 9.5% | £926pcm |
| June 2022 | 7.5% | £845pcm |
| June 2021 | 4.6% | £787pcm |
| June 2020 | 1.9% | £752pcm |
| June 2019 | 3% | £738pcm |
| June 2018 | -1% | £716pcm |
| June 2017 | 2.2% | £723pcm |
| June 2016 | 6.7% | £707pcm |
| June 2015 | 5.7% | £663pcm |
| June 2014 | 4.5% | £627pcm |
| June 2013 | 2.3% | £600pcm |
| June 2012 | 1.3% | £587pcm |
| June 2011 | 2.8% | £579pcm |
| June 2010 | 0.7% | £564pcm |
| June 2009 | -3% | £560pcm |
| June 2008 | 4.4% | £577pcm |
| June 2007 | 0% | £553pcm |
Sales History
The last sale was on 24th July 2024 for £340,000 and since then the market in the area has increased by 0.5%. The postcode has had a total of 5 sales since 1995.
ME8 0BT has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Jul 2024£340,000 | 3 Bed House45, Derwent Way, Gillingham, ME8 0BT45, Derwent Way, Gillingham, ME8 0BT
- Sold Mar 2024£127,500 | 2 Bed Flat25, Derwent Way, Gillingham, ME8 0BT25, Derwent Way, Gillingham, ME8 0BT
- Sold Dec 2020£263,500 | 3 Bed House39, Derwent Way, Gillingham, ME8 0BT39, Derwent Way, Gillingham, ME8 0BT
- Sold Sep 2019£225,000 | 3 Bed House39, Derwent Way, Gillingham, ME8 0BT39, Derwent Way, Gillingham, ME8 0BT
- Sold Jan 2019£202,000 | 3 Bed House18, Derwent Way, Gillingham, ME8 0BT18, Derwent Way, Gillingham, ME8 0BT
Nearby Postcodes
ME8 0BT is the 589th largest and the 7th most expensive postcode out of the 1,075 postcodes in the ME8 area.
- ME8 0BS, Derwent Way, Gillingham, ME8ME8 0BS12 Addresses|42 m away
- ME8 0BL, Salisbury Avenue, Gillingham, ME8ME8 0BL16 Addresses|55 m away
- ME8 0BP, Derwent Way, Gillingham, ME8ME8 0BP12 Addresses|58 m away
- ME8 0BZ, Oldfield Close, Gillingham, ME8ME8 0BZ18 Addresses|60 m away
- ME8 0BU, Derwent Way, Gillingham, ME8ME8 0BU12 Addresses|62 m away
Property Types
- 1 period house built between 1800 and 1911
- 5 mid-century houses built between 1936 and 1979
- 12 mid-century flats built between 1936 and 1979
- 2 other addresses of unknown type
- period house (1)
- mid-century house (5)
- mid-century flat (12)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 18 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (15)
- G (0)
- D (3)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Jul 2024£340,000 | 3 Bed House45, Derwent Way, Gillingham, ME8 0BT45, Derwent Way, Gillingham, ME8 0BT
- Sold Mar 2026£330,000 | 3 Bed House10, Derwent Way, Gillingham, ME8 0BX10, Derwent Way, Gillingham, ME8 0BX
- Sold Jun 2023£300,000 | 3 Bed House77, Derwent Way, Gillingham, ME8 0BN77, Derwent Way, Gillingham, ME8 0BN
Schools Nearby
- St Margaret's Church of England Junior School600 m away
- St Margaret's Infant School600 m away
- Thames View Primary School1.0 km away
- Rainham School for Girls200 m away
- The Howard School300 m away
- Rainham Mark Grammar School1.0 km away
More reading links
Public Transport Nearby
The closest station to ME8 0BT is Rainham (Kent) station, which is 1.2 kilometres away.
- Rainham (Kent)|1.2 km away
- Gillingham (Kent)|4.1 km away
- Newington|5.2 km away
- Chatham|5.5 km away
