Cherry Tree Road - ME8 8JY
Key Postcode Insights
ME8 8JY is a residential postcode situated on Cherry Tree Road, Rainham, Gillingham, ME8 with 21 addresses.
It ranks as the 625th largest and 810th most expensive of the 1,075 postcodes in the ME8 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 21 properties: 21 houses.
- Ave. Sale Price
- £390,797
- 10 Year change
- up 32.8%
- Ave. Rental Price
- £1,515pcm
- 10 Year change
- up 58.7%
- Ave. £ per ft²
- £403/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Key Postcode Insights
ME8 8JY is a residential postcode situated on Cherry Tree Road, Rainham, Gillingham, ME8 with 21 addresses.
It ranks as the 625th largest and 810th most expensive of the 1,075 postcodes in the ME8 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 21 properties: 21 houses.
- Ave. Sale Price
- £390,797
- 10 Year change
- up 32.8%
- Ave. Rental Price
- £1,515pcm
- 10 Year change
- up 58.7%
- Ave. £ per ft²
- £403/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Explore Propertiesin ME8 8JY
- 21 Cherry Tree Road
House
- 23 Cherry Tree Road
3 Bed Mid-century House
- 25 Cherry Tree Road
House
- 27 Cherry Tree Road
House
- 29 Cherry Tree Road
House
Sales Market Trends
The last sale in ME8 8JY sold for £391,500 on 17th May 2024. Since then prices are up an average of 2.1%.
The current average value in the postcode is £390,797.
The ME8 8JY Sales Market has increased by 32.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.1% | £390,797 |
| June 2025 | 2.3% | £391,364 |
| June 2024 | -2.3% | £382,578 |
| June 2023 | -1.5% | £391,419 |
| June 2022 | 11.3% | £397,335 |
| June 2021 | 7.4% | £357,125 |
| June 2020 | 1.5% | £332,589 |
| June 2019 | 0.4% | £327,522 |
| June 2018 | 3.3% | £326,219 |
| June 2017 | 7.4% | £315,913 |
| June 2016 | 14.6% | £294,215 |
| June 2015 | 10.6% | £256,827 |
| June 2014 | 10.1% | £232,300 |
| June 2013 | 3.8% | £210,902 |
| June 2012 | 2.3% | £203,194 |
| June 2011 | -1.3% | £198,561 |
| June 2010 | 10.3% | £201,170 |
| June 2009 | -12.2% | £182,428 |
| June 2008 | -3% | £207,792 |
| June 2007 | 0% | £214,166 |
Rental Market Trends
The current average rental value in the postcode is £1,515.
The ME8 8JY Rental Market has increased by 58.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £1,515pcm |
| June 2025 | 4.2% | £1,477pcm |
| June 2024 | 8% | £1,418pcm |
| June 2023 | 10.5% | £1,314pcm |
| June 2022 | 8.4% | £1,188pcm |
| June 2021 | 6.1% | £1,096pcm |
| June 2020 | 2.2% | £1,033pcm |
| June 2019 | 3.3% | £1,011pcm |
| June 2018 | -0.5% | £979pcm |
| June 2017 | 3% | £984pcm |
| June 2016 | 6.8% | £955pcm |
| June 2015 | 7.2% | £894pcm |
| June 2014 | 4.3% | £834pcm |
| June 2013 | 3.4% | £800pcm |
| June 2012 | 3.1% | £773pcm |
| June 2011 | 3.7% | £750pcm |
| June 2010 | 3.7% | £723pcm |
| June 2009 | -1.5% | £697pcm |
| June 2008 | 4.3% | £708pcm |
| June 2007 | 0% | £679pcm |
Sales History
The last sale was on 17th May 2024 for £391,500 and since then the market in the area has increased by 2.1%. The postcode has had a total of 26 sales since 1995.
ME8 8JY has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold May 2024£391,500 | 3 Bed House31, Cherry Tree Road, Gillingham, ME8 8JY31, Cherry Tree Road, Gillingham, ME8 8JY
- Sold May 2021£362,500 | 3 Bed House33, Cherry Tree Road, Gillingham, ME8 8JY33, Cherry Tree Road, Gillingham, ME8 8JY
- Sold Jul 2017£430,000 | 3 Bed House53, Cherry Tree Road, Gillingham, ME8 8JY53, Cherry Tree Road, Gillingham, ME8 8JY
- Sold Mar 2017£235,000 | 3 Bed House63, Cherry Tree Road, Gillingham, ME8 8JY63, Cherry Tree Road, Gillingham, ME8 8JY
- Sold Mar 2016£318,000 | 3 Bed House23, Cherry Tree Road, Gillingham, ME8 8JY23, Cherry Tree Road, Gillingham, ME8 8JY
Nearby Postcodes
ME8 8JY is the 625th largest and the 810th most expensive postcode out of the 1,075 postcodes in the ME8 area.
- ME8 8JZ, Cherry Tree Road, Rainham, Gillingham, ME8ME8 8JZ13 Addresses|39 m away
- ME8 8LA, Cherry Amber Close, Rainham, Gillingham, ME8ME8 8LA12 Addresses|68 m away
- ME8 8LB, Church Mews, Rainham, Gillingham, ME8ME8 8LB24 Addresses|106 m away
- ME8 8AG, Stratford Lane, Rainham, Gillingham, ME8ME8 8AG10 Addresses|123 m away
- ME8 9HQ, Beverley Close, Gillingham, ME8ME8 9HQ45 Addresses|127 m away
Property Types
- 10 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 1 early-century house built between 1912 and 1935
- 9 other addresses of unknown type
- mid-century house (10)
- house (1)
- early-century house (1)
- Unknown (9)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 11 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (1)
- C (0)
- G (0)
- D (8)
- No EPC (10)
Top 3 Most Expensive Sales
- Sold Jun 2025£600,000 | 5 Bed House24, Cherry Tree Road, Gillingham, ME8 8JZ24, Cherry Tree Road, Gillingham, ME8 8JZ
- Sold Oct 2021£460,000 | 3 Bed House18, Cherry Tree Road, Gillingham, ME8 8JU18, Cherry Tree Road, Gillingham, ME8 8JU
- Sold Aug 2025£450,000 | 4 Bed House17, Cherry Tree Road, Gillingham, ME8 8JU17, Cherry Tree Road, Gillingham, ME8 8JU
Schools Nearby
- St Margaret's Church of England Junior School400 m away
- St Margaret's Infant School400 m away
- Miers Court Primary School600 m away
- Leigh Academy Rainham1.0 km away
- Rainham School for Girls1.2 km away
- The Howard School1.3 km away
More reading links
Public Transport Nearby
The closest station to ME8 8JY is Rainham (Kent) station, which is 600 metres away.
- Rainham (Kent)|600 m away
- Newington|4.2 km away
- Gillingham (Kent)|5.0 km away
- Chatham|6.5 km away