OFFICIAL DATAMEDWAY

ME2 house prices & rental yield

Homes in ME2 sell for a median of £320,000 across 656 sales over two years (HM Land Registry), which is +2% against the Medway median of £312,500. Set against the local average rent of £1,236 a month (ONS), that implies a 4.6% gross yield here versus 4.7% for Medway as a whole.

Check a buy-to-letMedway yieldsMedway rentsAll postcodes
Implied gross yield
4.6%
Median sold
£320,000
vs Medway
+2%
Sales, 2 yrs
656

Rents are published per district, not per postcode, so the yield above applies the Medway average rent to ME2 prices. It's the right way to compare postcodes on entry price, but rents do vary street by street, and gross yield ignores costs, voids and mortgage interest.

What renters pay across Medway
All sizes
£1,236
1-bed
£899
2-bed
£1,141
3-bed
£1,340
4+ bed
£1,829
Office for National Statistics averages for Medway, what tenants actually pay rather than asking rents.
Averages don't buy houses

ME2 averages tell you where to look, not whether one particular flat stacks up. Paste a listing and gemhome runs the actual numbers: yield, cash flow, the lender stress test, EPC work and what the public records say about that specific address.

Check a buy-to-let