ME8 7JN is a residential postcode situated on Brown Street, Rainham, Gillingham, ME8 with 42 addresses.
It ranks as the 988th largest and 212th most expensive of the 1,075 postcodes in the ME8 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 42 properties: 42 houses.
ME8 7JN is a residential postcode situated on Brown Street, Rainham, Gillingham, ME8 with 42 addresses.
It ranks as the 988th largest and 212th most expensive of the 1,075 postcodes in the ME8 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 42 properties: 42 houses.
Sale prices range from £242,993 for 3 bedroom freehold houses with a garden (602 ft2) to £299,881 for 3 bedroom freehold houses with a garden (907 ft2) .
Monthly rental prices range from £1,228 pcm for 3 bed houses to £1,428 pcm for 3 bed houses.
The gross rental yield is between 5.7% and 6.1%.
The average value per square foot is £367.
The last sale in ME8 7JN sold for £255,000 on 12th July 2024. Since then prices are up an average of 1.9%.
The current average value in the postcode is £267,106.
The ME8 7JN Sales Market has increased by 37.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.8% | £267,106 |
| April 2025 | 3.3% | £269,241 |
| April 2024 | -3.3% | £260,580 |
| April 2023 | 0.7% | £269,488 |
| April 2022 | 13.6% | £267,561 |
| April 2021 | 6.4% | £235,436 |
| April 2020 | 0.6% | £221,376 |
| April 2019 | -0.2% | £220,018 |
| April 2018 | 4.6% | £220,449 |
| April 2017 | 8.6% | £210,802 |
| April 2016 | 17.6% | £194,091 |
| April 2015 | 11.3% | £165,113 |
| April 2014 | 10.7% | £148,415 |
| April 2013 | 4.4% | £134,044 |
| April 2012 | 1.3% | £128,352 |
| April 2011 | -1.9% | £126,712 |
| April 2010 | 8.1% | £129,128 |
| April 2009 | -16.4% | £119,424 |
| April 2008 | 0.5% | £142,853 |
| April 2007 | 0% | £142,152 |
The current average rental value in the postcode is £1,334.
The ME8 7JN Rental Market has increased by 58.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.2% | £1,334pcm |
| April 2025 | 5.9% | £1,318pcm |
| April 2024 | 6.5% | £1,245pcm |
| April 2023 | 15.1% | £1,169pcm |
| April 2022 | 7.2% | £1,015pcm |
| April 2021 | 4.8% | £947pcm |
| April 2020 | 0.9% | £903pcm |
| April 2019 | 0.3% | £895pcm |
| April 2018 | 1.5% | £892pcm |
| April 2017 | 4.4% | £878pcm |
| April 2016 | 9.4% | £841pcm |
| April 2015 | 8.3% | £769pcm |
| April 2014 | 2.5% | £710pcm |
| April 2013 | 4.5% | £693pcm |
| April 2012 | 3.6% | £663pcm |
| April 2011 | 3.1% | £640pcm |
| April 2010 | 0.9% | £620pcm |
| April 2009 | -4.7% | £615pcm |
| April 2008 | 2.9% | £645pcm |
| April 2007 | 0% | £627pcm |
The last sale was on 12th July 2024 for £255,000 and since then the market in the area has increased by 1.9%. The postcode has had a total of 25 sales since 1995.
ME8 7JN has seen 2 sales in the last three years and no sales in the last twelve months.
ME8 7JN is the 988th largest and the 212th most expensive postcode out of the 1,075 postcodes in the ME8 area.
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The recent census recorded whether a resident owned or rented their home.
In the area around ME8 7JN, 51.3% of property is socially rented and 19.3% is privately owned with a mortgage.
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 ME8 7JN, 19.0% of residents are recorded as possessing school level qualifications and 9.1% 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 ME8 7JN, the average age was 40.3 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 ME8 7JN, 0.0% 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 ME8 7JN, there are an average of 0.8 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.