ME8 9QJ is a residential postcode situated on Readscroft Road, Gillingham, ME8 with 11 addresses.
It ranks as the 291st largest and 271st most expensive of the 1,075 postcodes in the ME8 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 11 properties: 11 houses.
ME8 9QJ is a residential postcode situated on Readscroft Road, Gillingham, ME8 with 11 addresses.
It ranks as the 291st largest and 271st most expensive of the 1,075 postcodes in the ME8 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 11 properties: 11 houses.
Sale prices range from £262,045 for 3 bedroom freehold houses with a garden (785 ft2) to £346,855 for 4 bedroom freehold houses with a garden (1,334 ft2) .
Monthly rental prices range from £1,295 pcm for 3 bed houses to £1,539 pcm for 4 bed houses.
The gross rental yield is between 5.3% and 5.9%.
The average value per square foot is £313.
The last sale in ME8 9QJ sold for £292,500 on 10th June 2022. Since then prices are down an average of 1.7%.
The current average value in the postcode is £287,256.
The ME8 9QJ Sales Market has increased by 35.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.1% | £287,256 |
| April 2025 | 2.6% | £287,416 |
| April 2024 | -2.9% | £280,001 |
| April 2023 | 0.6% | £288,482 |
| April 2022 | 12.1% | £286,619 |
| April 2021 | 6.2% | £255,741 |
| April 2020 | 1.2% | £240,890 |
| April 2019 | 0.3% | £237,975 |
| April 2018 | 3.8% | £237,366 |
| April 2017 | 8.1% | £228,722 |
| April 2016 | 16.2% | £211,491 |
| April 2015 | 10.9% | £182,068 |
| April 2014 | 9.6% | £164,173 |
| April 2013 | 5.3% | £149,810 |
| April 2012 | 1.5% | £142,232 |
| April 2011 | -1.4% | £140,168 |
| April 2010 | 7.9% | £142,133 |
| April 2009 | -15% | £131,669 |
| April 2008 | 1.2% | £154,841 |
| April 2007 | 0% | £152,999 |
The current average rental value in the postcode is £1,363.
The ME8 9QJ Rental Market has increased by 56.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2% | £1,363pcm |
| April 2025 | 5.1% | £1,336pcm |
| April 2024 | 7.1% | £1,271pcm |
| April 2023 | 14.6% | £1,186pcm |
| April 2022 | 5.9% | £1,035pcm |
| April 2021 | 4.7% | £977pcm |
| April 2020 | 1.5% | £933pcm |
| April 2019 | 0.9% | £919pcm |
| April 2018 | 0.7% | £911pcm |
| April 2017 | 3.9% | £905pcm |
| April 2016 | 7.9% | £871pcm |
| April 2015 | 8.1% | £807pcm |
| April 2014 | 1.5% | £746pcm |
| April 2013 | 5.6% | £735pcm |
| April 2012 | 3.8% | £696pcm |
| April 2011 | 3.6% | £671pcm |
| April 2010 | 0.8% | £647pcm |
| April 2009 | -2.9% | £642pcm |
| April 2008 | 3.6% | £662pcm |
| April 2007 | 0% | £638pcm |
The last sale was on 10th June 2022 for £292,500 and since then the market in the area has decreased by 1.7%. The postcode has had a total of 27 sales since 1995.
ME8 9QJ has seen no sales in the last three years and no sales in the last twelve months.
ME8 9QJ is the 291st largest and the 271st 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 9QJ, 44.3% of property is privately owned outright and 31.1% 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 9QJ, 18.4% of residents are recorded as possessing school level qualifications and 26.6% 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 9QJ, the average age was 42.6 and the most common age was 72.
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 9QJ, 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 9QJ, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.