local authority Land Registry UK HPI

Medway house prices

Average sold prices for Medway, broken down by property type, buyer status, funding status and property status, from HM Land Registry's UK House Price Index.

Average price
£292,653
Annual change
Broadly flat
Homes sold, March 2026
204
England average
£292,095

The average property in Medway sold for £292,653 in May 2026, broadly unchanged on the year. That is in line with the England average of £292,095. 204 homes sold in Medway in March 2026, the most recent month HM Land Registry have published transaction counts for.

Price trend

Over the 12 months to May 2026, the average price in Medway ended the period broadly where it started, peaking at £299,134 in March 2026.

£299,134 £292,653
June 2025May 2026

Peak £299,134 in March 2026.

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By property type

Detached homes are the most expensive in Medway at £525,918, 216% above flat or maisonette at £166,308. Detached and Flat or maisonette fell over the year while the rest held or rose.

Average sold price by property type, May 2026.
Property typeAverage priceAnnual change
Detached£525,918-0.7%
Semi-detached£347,450+0.6%
Terraced£269,938Broadly flat
Flat or maisonette£166,308-3.8%

By buyer status

First-time buyers in Medway paid £76,311 less than people who already owned, a gap of 29%.

Average sold price by buyer status, May 2026.
BuyerAverage priceAnnual change
First-time buyer£265,264Broadly flat
Former owner-occupier£341,575-0.5%

By funding status

Cash buyers in Medway paid 3% less than those with a mortgage. Cash accounted for 20% of the sales counted in March 2026.

Average sold price by funding status, May 2026. Sales volumes are for March 2026, the most recent month published. Cash and mortgage sales are counted separately and do not necessarily add up to the total above.
Paid withAverage priceAnnual changeSales
Cash£284,372-1%19
Mortgage£294,303Broadly flat76

By property status

New builds in Medway sold for 44% more than existing homes.

Average sold price by property status, March 2026. Sales volumes are not shown for new builds: they are registered months after completion, so recent counts are incomplete rather than low.
Property statusAverage priceAnnual change
New build£422,321+3.5%
Existing property£294,176+0.7%

Month by month

Average sold price and annual change over the last 12 published months. Sales volumes stop two months short because HM Land Registry withhold the most recent counts until more transactions are registered.
MonthAverage priceAnnual changeSales
May 2026£292,653Broadly flatn/a
April 2026£294,934Broadly flatn/a
March 2026£299,134+0.9%204
February 2026£298,268+2%183
January 2026£296,936+2.1%205
December 2025£295,141+2.5%264
November 2025£295,343+2.8%298
October 2025£296,083+3.1%319
September 2025£296,425+3.2%299
August 2025£296,555+3.6%349
July 2025£295,289+4%306
June 2025£292,666+4.6%281
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Figures for a local authority are a three-month average rather than a single month's transactions. HM Land Registry revise the most recent twelve months as more sales are registered, so recent figures are provisional.