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Banky Fields Close is a residential street with 11 addresses.
It ranks as the 90th largest and 51st most expensive of the 525 streets in the ME8 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 11 properties: 9 houses and 2 flats.
Banky Fields Close is a residential street with 11 addresses.
It ranks as the 90th largest and 51st most expensive of the 525 streets in the ME8 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 11 properties: 9 houses and 2 flats.
Sale prices range from £132,932 for 2 bedroom Leasehold flats (570 ft2) to £320,765 for 3 bedroom freehold houses with a garden (861 ft2) .
Monthly rental prices range from £899 pcm for 2 bed flats to £1,456 pcm for 3 bed houses.
The gross rental yield is between 5.4% and 8.1%.
The average value per square foot is £289.
The last sale on Banky Fields Close sold for £230,000 on 23rd May 2025. Since then prices have on average remained the same.
The current average value in the street is £243,317.
The Banky Fields Close Sales Market has increased by 29.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.3% | £243,317 |
| May 2025 | 1.6% | £242,621 |
| May 2024 | -1.9% | £238,800 |
| May 2023 | -1.1% | £243,370 |
| May 2022 | 11.3% | £246,122 |
| May 2021 | 6% | £221,075 |
| May 2020 | 1.1% | £208,477 |
| May 2019 | -0.2% | £206,108 |
| May 2018 | 3.2% | £206,587 |
| May 2017 | 6.8% | £200,140 |
| May 2016 | 15.7% | £187,375 |
| May 2015 | 9.8% | £162,000 |
| May 2014 | 10.1% | £147,585 |
| May 2013 | 2.5% | £134,054 |
| May 2012 | 0.5% | £130,740 |
| May 2011 | -2.2% | £130,149 |
| May 2010 | 7.5% | £133,046 |
| May 2009 | -14.5% | £123,763 |
| May 2008 | -0.8% | £144,686 |
| May 2007 | 0% | £145,859 |
The current average rental value in the street is £1,285.
The Banky Fields Close Rental Market has increased by 53.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.3% | £1,285pcm |
| May 2025 | 3.5% | £1,256pcm |
| May 2024 | 9.4% | £1,213pcm |
| May 2023 | 9.4% | £1,109pcm |
| May 2022 | 7.9% | £1,014pcm |
| May 2021 | 5.5% | £940pcm |
| May 2020 | 2% | £891pcm |
| May 2019 | 2.3% | £873pcm |
| May 2018 | -0.5% | £854pcm |
| May 2017 | 2.7% | £858pcm |
| May 2016 | 7.1% | £836pcm |
| May 2015 | 6.6% | £781pcm |
| May 2014 | 4.2% | £733pcm |
| May 2013 | 2.9% | £703pcm |
| May 2012 | 1.3% | £683pcm |
| May 2011 | 3% | £674pcm |
| May 2010 | 0.3% | £655pcm |
| May 2009 | -2.3% | £653pcm |
| May 2008 | 4.9% | £668pcm |
| May 2007 | 0% | £637pcm |
The last sale was on 23rd May 2025 for £230,000 and since then the market in the area has remained stable. The street has had a total of 19 sales since 1995.
Banky Fields Close, Rainham, Gillingham, ME8 has seen 3 sales in the last three years and no sales in the last twelve months.
Banky Fields Close, Rainham, Gillingham, ME8 is the 90th largest and the 51st most expensive street in the ME8 area.
There is 1 postcode on Banky Fields Close, Rainham, Gillingham, ME8.
The closest station to Banky Fields Close, Rainham, Gillingham, ME8 is Rainham (Kent) station which is 800 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Banky Fields Close, Rainham, Gillingham, ME8, 50.0% of property is privately owned with a mortgage and 32.4% is privately owned outright.
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 Banky Fields Close, Rainham, Gillingham, ME8, 23.6% of residents are recorded as possessing school level qualifications and 23.5% 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 Banky Fields Close, Rainham, Gillingham, ME8, the average age was 40.3 and the most common age was 32.
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 Banky Fields Close, Rainham, Gillingham, ME8, 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 Banky Fields Close, Rainham, Gillingham, ME8, 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.