Common Mead Lane - SP8 4RB
Key Postcode Insights
SP8 4RB is a residential postcode situated on Common Mead Lane, Gillingham, SP8 with 11 addresses.
It ranks as the 321st largest and 347th most expensive of the 547 postcodes in the SP8 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 11 properties: 6 houses, 2 flats and 3 other properties.
- Ave. Sale Price
- £398,160
- 10 Year change
- up 22.5%
- Ave. Rental Price
- £1,249pcm
- 10 Year change
- up 57.5%
- Ave. £ per ft²
- £305/ft²
- Ave. Gross Yield
- 3.8%/year/yr
Key Postcode Insights
SP8 4RB is a residential postcode situated on Common Mead Lane, Gillingham, SP8 with 11 addresses.
It ranks as the 321st largest and 347th most expensive of the 547 postcodes in the SP8 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 11 properties: 6 houses, 2 flats and 3 other properties.
- Ave. Sale Price
- £398,160
- 10 Year change
- up 22.5%
- Ave. Rental Price
- £1,249pcm
- 10 Year change
- up 57.5%
- Ave. £ per ft²
- £305/ft²
- Ave. Gross Yield
- 3.8%/year/yr
Explore Properties in SP8 4RB
- Beech Grove
4 Bed Mid-century House
- Chantry Fields
House
- Chantry Fields Lodge
House
- Hatherley
4 Bed Mid-century House
- Hatherley Garden
4 Bed Modern House
Sales Market Trends
The last sale in SP8 4RB sold for £557,500 on 13th June 2025. Since then prices are down an average of 3.2%.
The current average value in the postcode is £398,160.
The SP8 4RB Sales Market has increased by 22.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -2.4% | £398,160 |
| July 2025 | -0.4% | £408,139 |
| July 2024 | 0.8% | £409,582 |
| July 2023 | -3.2% | £406,273 |
| July 2022 | 13.3% | £419,692 |
| July 2021 | 6% | £370,279 |
| July 2020 | -0.3% | £349,456 |
| July 2019 | -0.5% | £350,366 |
| July 2018 | 5.8% | £352,304 |
| July 2017 | 2.4% | £332,970 |
| July 2016 | 8.7% | £325,079 |
| July 2015 | 4.6% | £299,023 |
| July 2014 | 3.3% | £285,809 |
| July 2013 | 2.3% | £276,641 |
| July 2012 | -1.9% | £270,518 |
| July 2011 | -2.1% | £275,882 |
| July 2010 | 9.7% | £281,855 |
| July 2009 | -5.8% | £256,946 |
| July 2008 | -6.7% | £272,632 |
| July 2007 | 0% | £292,335 |
Rental Market Trends
The current average rental value in the postcode is £1,249.
The SP8 4RB Rental Market has increased by 57.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 4% | £1,249pcm |
| July 2025 | 4.2% | £1,201pcm |
| July 2024 | 5.5% | £1,152pcm |
| July 2023 | 5.6% | £1,092pcm |
| July 2022 | 10.3% | £1,035pcm |
| July 2021 | 9.4% | £938pcm |
| July 2020 | 1.6% | £857pcm |
| July 2019 | 1.7% | £844pcm |
| July 2018 | 1.9% | £831pcm |
| July 2017 | 2.8% | £815pcm |
| July 2016 | 3.6% | £793pcm |
| July 2015 | 2.2% | £765pcm |
| July 2014 | 2.7% | £749pcm |
| July 2013 | -1.1% | £729pcm |
| July 2012 | 1% | £738pcm |
| July 2011 | 0.7% | £730pcm |
| July 2010 | 3.9% | £725pcm |
| July 2009 | -5.6% | £698pcm |
| July 2008 | 2.3% | £740pcm |
| July 2007 | 0% | £723pcm |
Sales History
The last recorded sale was on 13th June 2025 for £557,500 and since then the market in the area has decreased by 3.2%.
SP8 4RB has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Jun 2025£557,500 | 5 Bed HouseHigher Field Cottage, Common Mead Lane, Gillingham, SP8 4RBHigher Field Cottage, Common Mead Lane, Gillingham, SP8 4RB
- Sold Dec 2021£420,000 | 4 Bed HouseHatherley, Common Mead Lane, Gillingham, SP8 4RBHatherley, Common Mead Lane, Gillingham, SP8 4RB
- Sold Oct 2019£410,000 | 1 Bed Flat1 Higherfield, Common Mead Lane, Gillingham, SP8 4RB1 Higherfield, Common Mead Lane, Gillingham, SP8 4RB
Nearby Postcodes
SP8 4RB is the 321st largest and the 347th most expensive postcode out of the 547 postcodes in the SP8 area.
- SP8 4SF, Stour Gardens, Gillingham, SP8SP8 4SF8 Addresses|54 m away
- SP8 4QY, Iris Gardens, Gillingham, SP8SP8 4QY15 Addresses|77 m away
- SP8 4SG, Stour Meadows, Gillingham, SP8SP8 4SG14 Addresses|120 m away
- SP8 4SW, The Oaks, Gillingham, SP8SP8 4SW15 Addresses|145 m away
- SP8 4QN, Sutton Close, Gillingham, SP8SP8 4QN6 Addresses|151 m away
Property Types
- 2 period flats built between 1800 and 1911
- 1 modern house built after 1980
- 4 mid-century houses built between 1936 and 1979
- 1 early-century house built between 1912 and 1935
- 3 other addresses of unknown type
- period flat (2)
- modern house (1)
- mid-century house (4)
- early-century house (1)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 7 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (1)
- C (3)
- G (0)
- D (2)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Aug 2021£775,000 | 2 Bed HouseThorngrove Lodge, Common Mead Lane, Gillingham, SP8 4REThorngrove Lodge, Common Mead Lane, Gillingham, SP8 4RE
- Sold Aug 2025£725,000 | 5 Bed HouseHolly Berry, Common Mead Lane, Gillingham, SP8 4REHolly Berry, Common Mead Lane, Gillingham, SP8 4RE
- Sold Aug 2023£615,000 | 5 Bed HouseAshtrees, Common Mead Lane, Gillingham, SP8 4REAshtrees, Common Mead Lane, Gillingham, SP8 4RE
Schools Nearby
- Wyke Primary School400 m away
- Gillingham Primary School800 m away
- St Mary the Virgin Church of England Primary School1.8 km away
- Gillingham School1.1 km away
- Shaftesbury School7.6 km away
- King Arthur's School10.1 km away
More reading links
Public Transport Nearby
The closest station to SP8 4RB is Gillingham (Dorset) station, which is 800 metres away.
- Gillingham (Dorset)|800 m away
- Templecombe|10.1 km away
- Bruton|14.2 km away
- Tisbury|14.6 km away
