Common Mead Lane - SP8 4RE
Key Postcode Insights
SP8 4RE is a residential postcode situated on Common Mead Lane, Gillingham, SP8 with 30 addresses.
It ranks as the 488th largest and 317th 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 30 properties: 26 houses and 4 flats.
- Ave. Sale Price
- £377,085
- 10 Year change
- up 24.1%
- Ave. Rental Price
- £1,157pcm
- 10 Year change
- up 56.9%
- Ave. £ per ft²
- £312/ft²
- Ave. Gross Yield
- 3.7%/year/yr
Key Postcode Insights
SP8 4RE is a residential postcode situated on Common Mead Lane, Gillingham, SP8 with 30 addresses.
It ranks as the 488th largest and 317th 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 30 properties: 26 houses and 4 flats.
- Ave. Sale Price
- £377,085
- 10 Year change
- up 24.1%
- Ave. Rental Price
- £1,157pcm
- 10 Year change
- up 56.9%
- Ave. £ per ft²
- £312/ft²
- Ave. Gross Yield
- 3.7%/year/yr
Explore Propertiesin SP8 4RE
- Amaroo
Unknown
- Ashtrees
5 Bed Mid-century House
- Brambledene
5 Bed Modern House
- Gemini
3 Bed House
- Green Oaks
Unknown
Sales Market Trends
The last sale in SP8 4RE sold for £725,000 on 22nd August 2025. Since then prices are down an average of 2.3%.
The current average value in the postcode is £377,085.
The SP8 4RE Sales Market has increased by 24.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.4% | £377,085 |
| June 2025 | -0.1% | £386,228 |
| June 2024 | 0.3% | £386,733 |
| June 2023 | -1.9% | £385,687 |
| June 2022 | 14.2% | £393,242 |
| June 2021 | 5.5% | £344,386 |
| June 2020 | -1.9% | £326,444 |
| June 2019 | 0.3% | £332,759 |
| June 2018 | 5.9% | £331,916 |
| June 2017 | 3.1% | £313,415 |
| June 2016 | 8.3% | £303,911 |
| June 2015 | 3.6% | £280,500 |
| June 2014 | 4.5% | £270,788 |
| June 2013 | 1.4% | £259,233 |
| June 2012 | -1.8% | £255,554 |
| June 2011 | -1.9% | £260,115 |
| June 2010 | 9.3% | £265,191 |
| June 2009 | -6.8% | £242,673 |
| June 2008 | -5.8% | £260,457 |
| June 2007 | 0% | £276,353 |
Rental Market Trends
The current average rental value in the postcode is £1,157.
The SP8 4RE Rental Market has increased by 56.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.6% | £1,157pcm |
| June 2025 | 4.5% | £1,117pcm |
| June 2024 | 5.6% | £1,069pcm |
| June 2023 | 6.2% | £1,012pcm |
| June 2022 | 9.8% | £953pcm |
| June 2021 | 9.2% | £869pcm |
| June 2020 | 1.2% | £795pcm |
| June 2019 | 1% | £785pcm |
| June 2018 | 1.8% | £778pcm |
| June 2017 | 3.7% | £765pcm |
| June 2016 | 3.8% | £737pcm |
| June 2015 | 1.8% | £710pcm |
| June 2014 | 2.3% | £698pcm |
| June 2013 | -0.7% | £682pcm |
| June 2012 | 0.8% | £687pcm |
| June 2011 | 0.9% | £681pcm |
| June 2010 | 3.7% | £675pcm |
| June 2009 | -6.2% | £651pcm |
| June 2008 | 2.9% | £694pcm |
| June 2007 | 0% | £674pcm |
Sales History
The last sale was on 22nd August 2025 for £725,000 and since then the market in the area has decreased by 2.3%. The postcode has had a total of 33 sales since 1995.
SP8 4RE has seen 3 sales in the last three years and 1 sale in the last twelve months.
- Sold Aug 2025£725,000 | 5 Bed HouseHolly Berry, Common Mead Lane, Gillingham, SP8 4REHolly Berry, Common Mead Lane, Gillingham, SP8 4RE
- Sold Jun 2024£310,000 | 3 Bed HousePenkridge, Common Mead Lane, Gillingham, SP8 4REPenkridge, 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
- Sold Nov 2021£435,000 | 4 Bed HouseGreenhills, Common Mead Lane, Gillingham, SP8 4REGreenhills, Common Mead Lane, Gillingham, SP8 4RE
- Sold Aug 2021£775,000 | 2 Bed HouseThorngrove Lodge, Common Mead Lane, Gillingham, SP8 4REThorngrove Lodge, Common Mead Lane, Gillingham, SP8 4RE
Nearby Postcodes
SP8 4RE is the 488th largest and the 317th most expensive postcode out of the 547 postcodes in the SP8 area.
- SP8 4TU, Duncliffe Close, Gillingham, SP8SP8 4TU8 Addresses|81 m away
- SP8 4RU, Laburnum Way, Gillingham, SP8SP8 4RU40 Addresses|148 m away
- SP8 4RA, Freame Way, Gillingham, SP8SP8 4RA51 Addresses|160 m away
- SP8 4RD, Common Mead Lane, Gillingham, SP8SP8 4RD6 Addresses|192 m away
- SP8 4RY, Maple Way, Gillingham, SP8SP8 4RY33 Addresses|217 m away
Property Types
- 4 period houses built between 1800 and 1911
- 2 modern houses built after 1980
- 4 modern flats built after 1980
- 7 mid-century houses built between 1936 and 1979
- 2 mid-century flats built between 1936 and 1979
- 5 houses of an unknown age
- 6 other addresses of unknown type
- period house (4)
- modern house (2)
- modern flat (4)
- mid-century house (7)
- mid-century flat (2)
- house (5)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 17 properties.
- The most common rating is D.
- A (0)
- E (6)
- B (0)
- F (1)
- C (3)
- G (1)
- D (6)
- No EPC (13)
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 School1.2 km away
- St Mary the Virgin Church of England Primary School2.1 km away
- Gillingham School1.5 km away
- Shaftesbury School7.7 km away
- King Arthur's School9.9 km away
More reading links
Public Transport Nearby
The closest station to SP8 4RE is Gillingham (Dorset) station, which is 1.1 kilometres away.
- Gillingham (Dorset)|1.1 km away
- Templecombe|9.7 km away
- Bruton|14.2 km away
- Tisbury|15.0 km away
