3.3% Below average
Rental Yield in ME8 — GILLINGHAM
Rent data based on Medway UA local authority median. Our methodology
Below average ↓ below South East average (3.3%)
· ↓ below England average (3.6%)
£330,000
Median Price
£900
Monthly Rent
3.3%
Gross Yield
2,127
Transactions (3yr)
Price by Property Type
| Type | Median Price | Sales |
|---|---|---|
| Detached | £475,000 | 413 |
| Semi-detached | £350,000 | 777 |
| Terraced | £296,500 | 750 |
| Flat | £172,500 | 145 |
| Other | £313,000 | 42 |
Compare Nearby Postcodes
Compare ME8 side by side →ME8 is part of Medway UA. View all postcode districts in Medway UA.
Frequently Asked Questions
What is the rental yield in ME8?
ME8 has a gross rental yield of 3.3%. The median property price is £330,000 with typical monthly rents of £900, based on Land Registry and VOA data.
Is ME8 a good area for buy-to-let?
ME8 yields 3.3%, below the England average of 3.6%. The area may offer stronger capital growth. Compare with other postcodes in Medway UA for alternatives.
What is the median property price in ME8?
The median property price in ME8 is £330,000, based on 2,127 Land Registry transactions over 3 years. This compares to £300,000 across Medway UA as a whole.
Data updated quarterly · Last update: Q1 2026