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Medway · report

House prices in Medway: the next 12 months

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%

Medway: five years of prices and the expected path

Average sale price per home, £, monthly, with the next 12 months' expected path

  • Medway
  • South East
  • United Kingdom
  • Expected path
  • 80% range
Show the numbers
PeriodMedwaySouth EastUnited Kingdom
Aug 2027 · Expected path£298,435 (£286,219–£310,651)£383,466£280,154
Jul 2027 · Expected path£298,378 (£286,959–£309,797)£383,173£279,560
Jun 2027 · Expected path£298,322 (£287,705–£308,938)£382,880£278,967
May 2027 · Expected path£298,265 (£288,457–£308,073)£382,588£278,374
Apr 2027 · Expected path£298,209 (£289,217–£307,200)£382,295£277,781
Mar 2027 · Expected path£298,152 (£289,987–£306,317)£382,002£277,188
Feb 2027 · Expected path£298,096 (£290,771–£305,420)£381,709£276,595
Jan 2027 · Expected path£298,039 (£291,575–£304,504)£381,417£276,002
Dec 2026 · Expected path£297,983 (£292,406–£303,560)£381,124£275,409
Nov 2026 · Expected path£297,926 (£293,281–£302,572)£380,831£274,816
Oct 2026 · Expected path£297,870 (£294,234–£301,506)£380,538£274,223
Sep 2026 · Expected path£297,813 (£295,358–£300,269)£380,246£273,630
Aug 2026£297,757£379,953£273,037
Jul 2026£298,491£380,375£272,146
Jun 2026£296,211£378,890£270,690
May 2026£295,823£381,519£272,221
Apr 2026£297,692£379,342£270,966
Mar 2026£300,467£378,202£268,631
Feb 2026£297,963£378,018£269,423
Jan 2026£295,878£379,593£268,814
Dec 2025£294,248£374,984£268,002
Nov 2025£294,308£379,283£270,472
Oct 2025£294,901£382,074£269,819
Sep 2025£295,220£379,765£269,556
Aug 2025£296,186£383,045£270,575
Jul 2025£295,370£380,195£268,843
Jun 2025£292,923£379,262£266,796
May 2025£293,955£376,656£264,078
Apr 2025£294,126£375,519£260,162
Mar 2025£296,497£381,452£268,019
Feb 2025£292,516£380,137£264,771
Jan 2025£290,872£381,267£264,936
Dec 2024£287,949£378,958£263,991
Nov 2024£287,379£377,413£264,515
Oct 2024£287,221£381,155£265,252
Sep 2024£287,112£380,519£264,750
Aug 2024£286,305£381,897£265,085
Jul 2024£283,970£377,066£262,479
Jun 2024£279,806£373,083£259,585
May 2024£277,224£372,808£258,565
Apr 2024£277,367£369,214£256,478
Mar 2024£277,584£366,875£255,082
Feb 2024£280,717£367,789£254,633
Jan 2024£283,858£369,326£255,972
Dec 2023£289,309£367,572£256,177
Nov 2023£292,210£375,344£258,368
Oct 2023£293,186£377,965£260,129
Sep 2023£292,804£379,338£261,318
Aug 2023£293,088£381,601£262,602
Jul 2023£291,833£381,968£261,182
Jun 2023£288,290£377,848£258,275
May 2023£286,816£377,989£257,330
Apr 2023£288,034£379,543£256,479
Mar 2023£297,382£380,362£255,885
Feb 2023£301,130£383,401£258,788
Jan 2023£302,237£387,727£260,941
Dec 2022£301,693£388,158£263,190
Nov 2022£301,773£389,960£265,299
Oct 2022£302,040£391,862£265,693
Sep 2022£298,823£391,553£265,727
Aug 2022£297,602£390,701£265,124
Jul 2022£291,612£387,054£262,904
Jun 2022£288,493£380,603£258,118
May 2022£283,670£376,100£255,040
Apr 2022£283,861£370,658£252,167
Mar 2022£281,844£369,755£249,232
Feb 2022£280,989£367,655£248,309
Jan 2022£278,749£368,184£248,031
Dec 2021£273,357£362,713£245,189
Nov 2021£272,582£360,386£243,930
Oct 2021£269,753£354,140£239,236
Sep 2021£266,788£361,613£245,371

What the model expects

The central estimate at each horizon, and the range prices land in 8 times out of 10.

HorizonExpected80% rangeChance of a riseChance of beating inflation
In 3 months (November 2026)£297,926£293,281 – £302,57252%25%
In 4 months (December 2026)£297,983£292,406 – £303,56052%23%
In 12 months (August 2027)£298,435£286,219 – £310,65153%15%

The outlook carries the region's own monthly price history forward: the recent trend and how far prices usually stray from it. It knows nothing about interest-rate decisions, new laws or local projects, so read it as a description of momentum, not a forecast to act on.

Other reports for Medway

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%

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

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%