Ploughmans Way - ME8 8LT
Key Postcode Insights
ME8 8LT is a residential postcode situated on Ploughmans Way, Rainham, Gillingham, ME8 with 26 addresses.
It ranks as the 750th largest and 511th 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 26 properties: 26 houses.
- Ave. Sale Price
- £332,789
- 10 Year change
- up 32.9%
- Ave. Rental Price
- £1,491pcm
- 10 Year change
- up 58.4%
- Ave. £ per ft²
- £395/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Key Postcode Insights
ME8 8LT is a residential postcode situated on Ploughmans Way, Rainham, Gillingham, ME8 with 26 addresses.
It ranks as the 750th largest and 511th 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 26 properties: 26 houses.
- Ave. Sale Price
- £332,789
- 10 Year change
- up 32.9%
- Ave. Rental Price
- £1,491pcm
- 10 Year change
- up 58.4%
- Ave. £ per ft²
- £395/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Explore Propertiesin ME8 8LT
- 77 Ploughmans Way
4 Bed Mid-century House
- 79 Ploughmans Way
Unknown
- 81 Ploughmans Way
Unknown
- 83 Ploughmans Way
3 Bed Mid-century House
- 85 Ploughmans Way
3 Bed Mid-century House
Sales Market Trends
The last sale in ME8 8LT sold for £265,000 on 1st October 2025. Since then prices are down an average of 1.1%.
The current average value in the postcode is £332,789.
The ME8 8LT Sales Market has increased by 32.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.3% | £332,789 |
| June 2025 | 2.3% | £333,811 |
| June 2024 | -2.3% | £326,325 |
| June 2023 | -1.4% | £334,078 |
| June 2022 | 11.5% | £338,875 |
| June 2021 | 7.4% | £304,054 |
| June 2020 | 1.5% | £283,075 |
| June 2019 | 0.2% | £278,800 |
| June 2018 | 3.5% | £278,192 |
| June 2017 | 7.4% | £268,834 |
| June 2016 | 14.6% | £250,319 |
| June 2015 | 10.4% | £218,464 |
| June 2014 | 10.2% | £197,812 |
| June 2013 | 3.9% | £179,560 |
| June 2012 | 2.3% | £172,807 |
| June 2011 | -1.4% | £168,972 |
| June 2010 | 10.2% | £171,413 |
| June 2009 | -12.4% | £155,487 |
| June 2008 | -3% | £177,500 |
| June 2007 | 0% | £183,077 |
Rental Market Trends
The current average rental value in the postcode is £1,491.
The ME8 8LT Rental Market has increased by 58.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £1,491pcm |
| June 2025 | 4.3% | £1,457pcm |
| June 2024 | 7.7% | £1,397pcm |
| June 2023 | 10.5% | £1,297pcm |
| June 2022 | 8.5% | £1,174pcm |
| June 2021 | 6.3% | £1,082pcm |
| June 2020 | 2.1% | £1,018pcm |
| June 2019 | 3.2% | £997pcm |
| June 2018 | -0.3% | £966pcm |
| June 2017 | 3% | £969pcm |
| June 2016 | 6.7% | £941pcm |
| June 2015 | 7.3% | £882pcm |
| June 2014 | 4.3% | £822pcm |
| June 2013 | 3.5% | £788pcm |
| June 2012 | 3.1% | £762pcm |
| June 2011 | 3.5% | £739pcm |
| June 2010 | 3.7% | £714pcm |
| June 2009 | -1.8% | £688pcm |
| June 2008 | 4.1% | £700pcm |
| June 2007 | 0% | £672pcm |
Sales History
The last sale was on 1st October 2025 for £265,000 and since then the market in the area has decreased by 1.1%. The postcode has had a total of 57 sales since 1995.
ME8 8LT has seen 1 sale in the last three years and 1 sale in the last twelve months.
- Sold Oct 2025£265,000 | 3 Bed House95, Ploughmans Way, Gillingham, ME8 8LT95, Ploughmans Way, Gillingham, ME8 8LT
- Sold Sep 2022£360,000 | 3 Bed House109, Ploughmans Way, Gillingham, ME8 8LT109, Ploughmans Way, Gillingham, ME8 8LT
- Sold Aug 2022£390,500 | 3 Bed House204, Ploughmans Way, Gillingham, ME8 8LT204, Ploughmans Way, Gillingham, ME8 8LT
- Sold Aug 2022£390,000 | 3 Bed House111, Ploughmans Way, Gillingham, ME8 8LT111, Ploughmans Way, Gillingham, ME8 8LT
- Sold Jul 2022£346,000 | 3 Bed House89, Ploughmans Way, Gillingham, ME8 8LT89, Ploughmans Way, Gillingham, ME8 8LT
Nearby Postcodes
ME8 8LT is the 750th largest and the 511th most expensive postcode out of the 1,075 postcodes in the ME8 area.
- ME8 8LE, Mierscourt Road, Rainham, Gillingham, ME8ME8 8LE21 Addresses|87 m away
- ME8 8LG, Honey Bee Glade, Rainham, Gillingham, ME8ME8 8LG21 Addresses|87 m away
- ME8 8LF, Glistening Glade, Rainham, Gillingham, ME8ME8 8LF31 Addresses|88 m away
- ME8 8LQ, Mossy Glade, Rainham, Gillingham, ME8ME8 8LQ35 Addresses|105 m away
- ME8 8LR, Ploughmans Way, Rainham, Gillingham, ME8ME8 8LR27 Addresses|116 m away
Property Types
- 15 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 10 other addresses of unknown type
- mid-century house (15)
- house (1)
- Unknown (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 15 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (8)
- G (0)
- D (7)
- No EPC (11)
Top 3 Most Expensive Sales
- Sold Jan 2018£485,000 | 5 Bed House122, Ploughmans Way, Gillingham, ME8 8LP122, Ploughmans Way, Gillingham, ME8 8LP
- Sold May 2014£440,000 | 4 Bed House132, Ploughmans Way, Gillingham, ME8 8LP132, Ploughmans Way, Gillingham, ME8 8LP
- Sold Aug 2022£390,500 | 3 Bed House204, Ploughmans Way, Gillingham, ME8 8LT204, Ploughmans Way, Gillingham, ME8 8LT
Schools Nearby
- Parkwood Primary School400 m away
- Miers Court Primary School600 m away
- St Margaret's Church of England Junior School1.1 km away
- Rainham School for Girls1.3 km away
- The Howard School1.5 km away
- Leigh Academy Rainham1.9 km away
More reading links
Public Transport Nearby
The closest station to ME8 8LT is Rainham (Kent) station, which is 1.7 kilometres away.
- Rainham (Kent)|1.7 km away
- Newington|4.6 km away
- Gillingham (Kent)|5.3 km away
- Chatham|6.4 km away
