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Medway · report

People and new homes in Medway

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

Population change and homes finished in Medway

The population's yearly change, net migration plus births minus deaths (ONS), against homes finished (MHCLG and the Welsh, Scottish and Northern Ireland statistics).

Population change

Show the numbers
YearPopulation change
2025927
20243,963
20234,875
20223,050
2021-53
2020743
20191,247
2018342
20171,331
20161,564
20152,168
20142,919
20132,908
20123,369

Homes finished

Show the numbers
YearHomes finished
2025420
2024450
2023680
2022660
2021960
2020690
2019970
2018330
2017250
2016220
2015500
2014340
2013420
2012860

Year by year

YearNet migrationBirths minus deathsPopulation changeHomes finished
2012+1,830+1,539+3,369860
2013+1,476+1,432+2,908420
2014+1,412+1,507+2,919340
2015+966+1,202+2,168500
2016+106+1,458+1,564220
2017−123+1,454+1,331250
2018−772+1,114+342330
2019+55+1,192+1,247970
2020−192+935+743690
2021−446+393−53960
2022+2,114+936+3,050660
2023+4,178+697+4,875680
2024+3,265+698+3,963450
2025+286+641+927420

Births, deaths and moves are ONS's mid-year estimates, each year to 30 June, counting moves to and from the rest of the UK and abroad. Homes finished are new homes completed in the calendar year, from each nation's house-building statistics; England's run below its net additions. A home houses a household, not a person: two or three new residents per new home is roughly one home per new household.

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%

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

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%