SP8 4RD is a residential postcode situated on Common Mead Lane, Gillingham, SP8 with 6 addresses.
It ranks as the 212th largest and 168th most expensive of the 547 postcodes in the SP8 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 6 properties: 5 houses and 1 flat.
SP8 4RD is a residential postcode situated on Common Mead Lane, Gillingham, SP8 with 6 addresses.
It ranks as the 212th largest and 168th most expensive of the 547 postcodes in the SP8 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 6 properties: 5 houses and 1 flat.
Sale prices range from £154,828 for 3 bedroom Leasehold flats (1,184 ft2) to £385,144 for 4 bedroom freehold houses with a garden (1,485 ft2) .
Monthly rental prices range from £691 pcm for 3 bed flats to £1,439 pcm for 4 bed houses.
The gross rental yield is between 4.5% and 5.4%.
The average value per square foot is £280.
The last sale in SP8 4RD sold for £220,000 on 20th September 2024. Since then prices are down an average of 0.4%.
The current average value in the postcode is £263,819.
The SP8 4RD Sales Market has increased by 28.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.6% | £263,819 |
| April 2025 | 0.9% | £268,195 |
| April 2024 | 0.1% | £265,801 |
| April 2023 | 0% | £265,580 |
| April 2022 | 13.2% | £265,480 |
| April 2021 | 5.2% | £234,506 |
| April 2020 | -2.9% | £222,940 |
| April 2019 | 1.9% | £229,664 |
| April 2018 | 4.9% | £225,347 |
| April 2017 | 4.8% | £214,728 |
| April 2016 | 9.6% | £204,873 |
| April 2015 | 2.2% | £186,993 |
| April 2014 | 6.6% | £183,045 |
| April 2013 | -0.6% | £171,738 |
| April 2012 | -0.9% | £172,782 |
| April 2011 | -1% | £174,373 |
| April 2010 | 6.8% | £176,067 |
| April 2009 | -9.2% | £164,790 |
| April 2008 | -1.8% | £181,505 |
| April 2007 | 0% | £184,746 |
The current average rental value in the postcode is £1,110.
The SP8 4RD Rental Market has increased by 59.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.8% | £1,110pcm |
| April 2025 | 6.1% | £1,069pcm |
| April 2024 | 5% | £1,008pcm |
| April 2023 | 7.9% | £960pcm |
| April 2022 | 8% | £889pcm |
| April 2021 | 8.5% | £824pcm |
| April 2020 | 2% | £759pcm |
| April 2019 | 0.6% | £745pcm |
| April 2018 | 1.5% | £740pcm |
| April 2017 | 4.8% | £730pcm |
| April 2016 | 4.3% | £696pcm |
| April 2015 | 1.7% | £667pcm |
| April 2014 | 1.7% | £656pcm |
| April 2013 | 0.9% | £645pcm |
| April 2012 | 0.8% | £639pcm |
| April 2011 | 0.4% | £634pcm |
| April 2010 | 1.8% | £631pcm |
| April 2009 | -7% | £620pcm |
| April 2008 | 5% | £667pcm |
| April 2007 | 0% | £635pcm |
The last sale was on 20th September 2024 for £220,000 and since then the market in the area has decreased by 0.4%. The postcode has had a total of 9 sales since 1995.
SP8 4RD has seen 3 sales in the last three years and no sales in the last twelve months.
SP8 4RD is the 212th largest and the 168th most expensive postcode out of the 547 postcodes in the SP8 area.
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The closest station to SP8 4RD is Gillingham (Dorset) station which is 900 metres away.
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