Imofolio

Medway · report

Past price cycles in Medway

Sale prices have fallen by 3% or more 4 times since 1995. The deepest began in December 2007.

Deepest fall
−22.2%
Recovery from the low
61 months

Prices in Medway and the UK, indexed

Average sale prices, both set to 100 in January 1995.

  • Medway
  • United Kingdom
  • 100 = January 1995
Show the numbers
PeriodMedwayUnited Kingdom
Aug 2026632.0534.7
Jul 2026633.5532.9
Jun 2026628.7530.1
May 2026627.9533.1
Apr 2026631.8530.6
Mar 2026637.7526.0
Feb 2026632.4527.6
Jan 2026628.0526.4
Dec 2025624.5524.8
Nov 2025624.7529.6
Oct 2025625.9528.4
Sep 2025626.6527.8
Aug 2025628.6529.8
Jul 2025626.9526.5
Jun 2025621.7522.4
May 2025623.9517.1
Apr 2025624.3509.5
Mar 2025629.3524.8
Feb 2025620.9518.5
Jan 2025617.4518.8
Dec 2024611.2517.0
Nov 2024610.0518.0
Oct 2024609.6519.4
Sep 2024609.4518.4
Aug 2024607.7519.1
Jul 2024602.7514.0
Jun 2024593.9508.3
May 2024588.4506.3
Apr 2024588.7502.2
Mar 2024589.2499.5
Feb 2024595.8498.6
Jan 2024602.5501.2
Dec 2023614.0501.6
Nov 2023620.2505.9
Oct 2023622.3509.4
Sep 2023621.5511.7
Aug 2023622.1514.2
Jul 2023619.4511.4
Jun 2023611.9505.8
May 2023608.8503.9
Apr 2023611.3502.2
Mar 2023631.2501.1
Feb 2023639.1506.8
Jan 2023641.5511.0
Dec 2022640.3515.4
Nov 2022640.5519.5
Oct 2022641.1520.3
Sep 2022634.2520.3
Aug 2022631.7519.2
Jul 2022618.9514.8
Jun 2022612.3505.4
May 2022602.1499.4
Apr 2022602.5493.8
Mar 2022598.2488.0
Feb 2022596.4486.2
Jan 2022591.6485.7
Dec 2021580.2480.1
Nov 2021578.5477.7
Oct 2021572.5468.5
Sep 2021566.2480.5
Aug 2021561.1466.8
Jul 2021554.0453.1
Jun 2021553.9475.4
May 2021545.3451.4
Apr 2021543.8448.4
Mar 2021545.5455.2
Feb 2021544.6448.6
Jan 2021540.5447.3
Dec 2020532.7447.3
Nov 2020528.6443.9
Oct 2020527.9439.4
Sep 2020522.3435.7
Aug 2020516.6431.1
Jul 2020514.8426.9
Jun 2020512.3423.4
May 2020511.5417.6
Apr 2020506.3415.5
Mar 2020506.9419.7
Feb 2020500.7416.0
Jan 2020501.6418.4
Dec 2019506.1418.1
Nov 2019512.9418.7
Oct 2019513.3420.2
Sep 2019512.4421.3
Aug 2019513.0421.0
Jul 2019513.4419.6
Jun 2019513.0415.0
May 2019512.8413.2
Apr 2019516.5412.6
Mar 2019516.0409.7
Feb 2019517.3410.8
Jan 2019518.7411.8
Dec 2018520.9414.4
Nov 2018522.2415.3
Oct 2018524.9417.1
Sep 2018526.8417.5
Aug 2018528.5418.3
Jul 2018521.4417.0
Jun 2018522.8411.9
May 2018515.3409.2
Apr 2018516.3407.5
Mar 2018512.5403.7
Feb 2018513.0406.1
Jan 2018513.8405.0
Dec 2017513.9406.5
Nov 2017514.1404.9
Oct 2017514.3406.0
Sep 2017514.1405.7
Aug 2017515.5407.2
Jul 2017508.4405.4
Jun 2017504.3400.2
May 2017498.9396.8
Apr 2017497.3394.4
Mar 2017491.9388.3
Feb 2017489.3389.1
Jan 2017487.2388.3
Dec 2016484.4388.7
Nov 2016482.9388.0
Oct 2016481.3386.2
Sep 2016482.1387.5
Aug 2016481.8388.1
Jul 2016475.6388.1
Jun 2016469.9384.0
May 2016459.6380.4
Apr 2016455.9376.0
Mar 2016442.8374.6
Feb 2016437.4370.8
Jan 2016431.5370.6
Dec 2015429.8369.6
Nov 2015425.4368.4
Oct 2015418.7365.6
Sep 2015415.6365.1
Aug 2015408.8364.3
Jul 2015404.7361.0
Jun 2015395.9355.0
May 2015390.6352.3
Apr 2015383.5348.5
Mar 2015385.1345.5
Feb 2015387.7344.2
Jan 2015390.0343.9
Dec 2014389.5345.7
Nov 2014385.9344.9
Oct 2014385.7346.1
Sep 2014384.7346.6
Aug 2014378.7346.2
Jul 2014371.4342.2
Jun 2014362.3337.5
May 2014359.0334.6
Apr 2014353.4331.1
Mar 2014349.8323.9
Feb 2014345.9322.7
Jan 2014342.1321.4
Dec 2013338.9321.0
Nov 2013339.2318.1
Oct 2013338.2316.4
Sep 2013335.2317.7
Aug 2013332.6317.4
Jul 2013329.6314.9
Jun 2013327.8311.4
May 2013322.2308.9
Apr 2013319.8307.3
Mar 2013321.5304.3
Feb 2013322.2302.5
Jan 2013323.3302.5
Dec 2012317.8304.6
Nov 2012317.3305.3
Oct 2012314.6305.0
Sep 2012319.0307.2
Aug 2012316.9308.3
Jul 2012318.8307.9
Jun 2012315.3306.7
May 2012315.2303.8
Apr 2012310.1302.8
Mar 2012310.5299.3
Feb 2012311.1298.5
Jan 2012313.3299.3
Dec 2011312.3301.3
Nov 2011313.3302.6
Oct 2011314.5302.5
Sep 2011316.7305.8
Aug 2011315.9306.6
Jul 2011317.9306.4
Jun 2011315.6302.6
May 2011313.7302.1
Apr 2011311.2303.4
Mar 2011313.5298.8
Feb 2011314.1300.2
Jan 2011316.5301.8
Dec 2010314.7304.3
Nov 2010321.8304.9
Oct 2010322.1308.5
Sep 2010325.7312.0
Aug 2010319.1312.8
Jul 2010320.3312.8
Jun 2010319.1309.7
May 2010323.2308.2
Apr 2010322.4306.7
Mar 2010319.1302.8
Feb 2010315.2302.8
Jan 2010314.4302.1
Dec 2009315.8303.2
Nov 2009310.1301.2
Oct 2009304.4300.2
Sep 2009297.0298.2
Aug 2009296.4295.9
Jul 2009291.4293.0
Jun 2009286.6287.8
May 2009280.2285.0
Apr 2009283.0281.1
Mar 2009287.9278.6
Feb 2009295.8280.3
Jan 2009298.2283.6
Dec 2008302.8290.3
Nov 2008312.0294.8
Oct 2008317.2303.4
Sep 2008327.9309.6
Aug 2008332.4317.6
Jul 2008345.0324.4
Jun 2008348.3328.0
May 2008353.1332.4
Apr 2008353.0330.4
Mar 2008352.5329.8
Feb 2008353.1332.2
Jan 2008357.0335.1
Dec 2007360.3341.3
Nov 2007359.7341.8
Oct 2007357.7342.0
Sep 2007355.3342.8
Aug 2007354.6342.3
Jul 2007350.7340.4
Jun 2007348.6336.1
May 2007343.3332.5
Apr 2007339.1328.7
Mar 2007338.1322.2
Feb 2007338.8319.8
Jan 2007337.8318.8
Dec 2006335.5319.0
Nov 2006333.4315.0
Oct 2006332.7313.4
Sep 2006330.8311.6
Aug 2006328.1310.3
Jul 2006325.1307.7
Jun 2006321.7303.4
May 2006318.0300.5
Apr 2006315.8297.7
Mar 2006314.0291.4
Feb 2006314.8289.0
Jan 2006313.9288.6
Dec 2005314.1289.0
Nov 2005311.9287.4
Oct 2005310.8286.6
Sep 2005312.6287.1
Aug 2005310.9287.6
Jul 2005311.4286.4
Jun 2005309.7282.8
May 2005311.2280.6
Apr 2005310.4277.6
Mar 2005309.7273.7
Feb 2005307.3271.5
Jan 2005307.5271.7
Dec 2004307.4271.9
Nov 2004310.7273.9
Oct 2004313.2274.3
Sep 2004311.5272.3
Aug 2004306.9272.8
Jul 2004298.9269.7
Jun 2004293.9264.1
May 2004288.3259.5
Apr 2004285.0256.4
Mar 2004283.6245.3
Feb 2004282.0244.7
Jan 2004279.6247.1
Dec 2003276.7245.6
Nov 2003274.9240.9
Oct 2003271.4243.6
Sep 2003268.4239.4
Aug 2003264.8240.2
Jul 2003262.8236.0
Jun 2003261.2231.9
May 2003257.6231.4
Apr 2003253.8233.0
Mar 2003248.1227.6
Feb 2003247.2222.8
Jan 2003243.5225.2
Dec 2002241.2226.8
Nov 2002236.3219.5
Oct 2002232.9217.3
Sep 2002226.1215.7
Aug 2002219.9210.6
Jul 2002214.5206.0
Jun 2002209.2204.4
May 2002203.3196.4
Apr 2002198.8191.4
Mar 2002196.8188.9
Feb 2002194.9182.5
Jan 2002191.5176.1
Dec 2001188.4176.7
Nov 2001186.9176.7
Oct 2001185.0176.7
Sep 2001182.0180.3
Aug 2001179.1180.3
Jul 2001176.5180.3
Jun 2001173.6174.1
May 2001171.2174.1
Apr 2001168.4174.1
Mar 2001167.9168.0
Feb 2001164.9168.0
Jan 2001163.5168.0
Dec 2000160.6168.9
Nov 2000161.6168.9
Oct 2000161.1168.9
Sep 2000160.7164.0
Aug 2000158.9164.0
Jul 2000157.2164.0
Jun 2000154.3161.0
May 2000149.6161.0
Apr 2000144.3161.0
Mar 2000140.8152.6
Feb 2000138.9152.6
Jan 2000139.2152.6
Dec 1999138.8148.8
Nov 1999138.2148.8
Oct 1999135.4148.8
Sep 1999132.0145.1
Aug 1999128.2145.1
Jul 1999127.0145.1
Jun 1999126.6137.1
May 1999126.9137.1
Apr 1999123.9137.1
Mar 1999122.7131.5
Feb 1999121.4131.5
Jan 1999122.7131.5
Dec 1998122.5130.7
Nov 1998121.5130.7
Oct 1998121.4130.7
Sep 1998120.2131.3
Aug 1998119.8131.3
Jul 1998118.7131.3
Jun 1998117.9125.8
May 1998117.1125.8
Apr 1998115.8125.8
Mar 1998113.8119.5
Feb 1998113.0119.5
Jan 1998112.2119.5
Dec 1997112.8116.5
Nov 1997113.1116.5
Oct 1997113.0116.5
Sep 1997111.4117.4
Aug 1997109.1117.4
Jul 1997107.0117.4
Jun 1997106.4111.7
May 1997104.8111.7
Apr 1997104.9111.7
Mar 1997103.1109.5
Feb 1997102.9109.5
Jan 1997101.0109.5
Dec 1996101.3108.0
Nov 1996100.9108.0
Oct 1996101.1108.0
Sep 1996100.4106.2
Aug 199699.1106.2
Jul 199697.6106.2
Jun 199696.6102.2
May 199696.5102.2
Apr 199697.4102.2
Mar 199698.4102.1
Feb 199698.7102.1
Jan 199697.5102.1
Dec 199594.8100.6
Nov 199594.8100.6
Oct 199596.1100.6
Sep 199598.2102.0
Aug 199598.5102.0
Jul 199597.9102.0
Jun 199597.1101.1
May 199597.2101.1
Apr 199596.1101.1
Mar 199597.6100.0
Feb 199597.4100.0
Jan 1995100.0100.0

Every fall of 3% or more

From the peak to the lowest month after it, and how long prices took to get back.

PeakLowFallMonths fallingMonths to recover
January 1995December 1995−5.2%119
December 2007May 2009−22.2%1761
August 2018February 2020−5.3%189
January 2023May 2024−8.3%16Not yet

The UK House Price Index goes back to 1968 for the UK, its nations and England's regions, to 1995 for councils in England and Wales, to 2004 in Scotland and to 2005 in Northern Ireland, where it is quarterly. A fall counts once prices drop 3% below a peak, and ends when they are back at it.

Other reports for Medway

Sale prices have an 80% chance of landing between £286,219 and £310,651 by August 2027.

Expected, August 2027
£298,435
Chance of a rise
53%

At the average sale price, a home costs £297,757. With 10% down and a 30-year mortgage, the payment is £1,374 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.

Payment, two incomes
21%
Payment, one income
42%

Renting the average home costs less each month than owning it. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.

Rent per month
£1,235
Owning per month
£1,402

9.1% fewer homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
410
Per 1,000 residents
1.4

Figures for United Kingdom: Medway has no reliable figures of its own.

Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.

Bought by buyers abroad, 12 months
1.8%

In 2025 the population grew by 927 while 420 homes were finished: 2.2 new residents for every new home.

New residents per new home, 2025
2.2
Population change, 2025
+927

5.0% of the 117,443 homes counted in the 2021 census had nobody usually living in them.

Empty, 2021 census
5.0%
Empty homes
5,850

In 2025, 5% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
5%