Medway Property Prices and Rents
A quick local authority snapshot for prices, rents, local incomes and market direction. Use the deeper market pages for sales, rental and affordability evidence.
Medway market at a glance
Page refreshed 19 August 2026Average house price£296,182
MoM +0.8%YoY +1.1%
Average private rent£1,236
MoM +0.2%YoY +2.5%
Median annual pay£40,212ASHE 2026
Employment rate81.0%Aged 16-64
What this means
Medway house prices are rising modestly compared with last year. Rent and wage data help compare local affordability and demand.
Data freshness
- House price data
- June 2026
- Rent data
- July 2026
- Pay data
- Apr 2025-Mar 2026 / ASHE 2026
Official price trend
All homes UK HPI series, last 5Y.
All homes average price was £296,182 in June 2026, 0.8% up over the month and 1.1% up over the year.
Monthly movementUp 0.8%From £293,961 last month
Annual movementUp 1.1%From £292,923 last year
| Month | Average price | Monthly change | Annual change |
|---|---|---|---|
| Month: July 2025 | Average: £295,366 | Monthly: +0.8% | Annual: +4.0% |
| Month: August 2025 | Average: £296,148 | Monthly: +0.3% | Annual: +3.4% |
| Month: September 2025 | Average: £295,617 | Monthly: -0.2% | Annual: +3.0% |
| Month: October 2025 | Average: £295,029 | Monthly: -0.2% | Annual: +2.7% |
| Month: November 2025 | Average: £294,291 | Monthly: -0.3% | Annual: +2.4% |
| Month: December 2025 | Average: £294,138 | Monthly: -0.1% | Annual: +2.1% |
| Month: January 2026 | Average: £295,986 | Monthly: +0.6% | Annual: +1.8% |
| Month: February 2026 | Average: £298,186 | Monthly: +0.7% | Annual: +1.9% |
| Month: March 2026 | Average: £299,495 | Monthly: +0.4% | Annual: +1.0% |
| Month: April 2026 | Average: £295,478 | Monthly: -1.3% | Annual: +0.5% |
| Month: May 2026 | Average: £293,961 | Monthly: -0.5% | Annual: 0.0% |
| Month: June 2026 | Average: £296,182 | Monthly: +0.8% | Annual: +1.1% |
Continue Medway Research
House Prices And Sold-Price Evidence
UK HPI shows £296,182 for June 2026, with raw completed-sale evidence from HM Land Registry.
Open pageRents, Yield And Rental DemandONS private rents show £1,236 average rent, with an indicative gross yield signal.
Open pageWages, Employment And AffordabilityMedian resident pay is £40,212 and helps compare local affordability.
Open pageMedway Property GuidesOpen local-authority-specific guides that explain how to use the data safely.
Open pageSources of this data
UK House Price Index (ONS) · Office for National Statistics Private Rent Index · ASHE earnings data
Official property market data is usually delayed because figures are published after the reporting month has ended.
Medway market commentary
What the latest official data may mean for buyers, renters and investors.
Medway’s average house price stood at £296,182 in June 2026, according to the UK House Price Index. That is up 0.8% from May, when the average was £293,961.
It also leaves prices 1.1% above a year earlier. The latest figure suggests a modest recovery after a softer spring.
Medway’s average monthly private rent stood at £1,236 in July 2026, according to the ONS Price Index of Private Rents. That was up by £2 from June, a small month-on-month rise of 0.17%.
It shows the market edging higher rather than making a sharp move. The bigger picture is still one of slower annual growth.
Medway has a resident population of 292,697, so it is a sizeable local labour market. That population context matters when reading the pay and jobs figures.
It gives a sense of scale for the number of households drawing on local earnings and employment conditions.