Residential dwellings
13,105
Addressable residential units in the area (OS AddressBase).
ME3 rents and yields
Asking rent £1,586/month · Gross yield 4.7% · 12 months, listings to Sep 2026
What is ME3?
ME3: residential dwellings 13,105.
HMO-shaped dwellings
0.0%
ME3 has the lowest HMO-shaped dwellings of the 7 neighbouring postcode districts compared.
Share of dwellings OS AddressBase classifies RH01/RH02/RH03: laid out as a house in multiple occupation. A statement about built form, not about a licence.
- Buildings
- 12,451
- Mixed-use buildings
- 78%
- HMO-shaped units
- 0.0%
- EPC A or B
- 21%
- EPC D or worse
- 43%
What does ME3 earn?
ME3: asking rent £1,586/month (12 months to Sep 2026, 78 lets).
Asking rent
£1,586/month 12 months to Sep 2026
78 lets
Median asking rent per calendar month of residential lettings in the month, from portal listings. Asking, not achieved. 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 78 lets.
Gross yield, asking basis
4.7% 12 months to Sep 2026
124 lets
-4.2% on the previous 12 months.
Cell asking rent × 12 over the same cell's asking sale price, before costs, voids and finance (cells with fewer than 5 dated listings are not built). 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 124 lets.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
33 on 8 Nov 2026
Count of live residential lettings on the day, from portal listings; observed forwards from 5 Sep 2026. The count on 8 Nov 2026; the daily series began on 5 Sep 2026, so no change over a year is stated.
Who owns ME3?
Corporate landlords hold 65% of the 341 units in ME3 whose freeholder is classified; 98% of all units are not yet classified.
- Corporate landlords65% of classified · 222 units
- Individuals (not traceable in bulk)19% of classified · 65 units
- Housing associations13% of classified · 45 units
- RMC2.6% of classified · 9 units
Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.
Where does ME3 rank?
ME3 ranks 1st of 7 postcode districts in Medway for asking rent, at £1,586/month.
Asking rent · postcode districts in Medway
ME3 ranks 1st of 7 postcode districts in Medway for asking rent, at £1,586/month.
| # | Area | Asking rent | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | ME3 | £1,586/month | 12 months to Sep 2026 · from monthly figures | 78 | indicative |
| 2 | ME1 | £1,441/month | 12 months to Sep 2026 · from monthly figures | 398 | measured |
| 3 | ME2 | £1,378/month | 12 months to Sep 2026 · from monthly figures | 268 | measured |
| 4 | ME5 | £1,370/month | 12 months to Sep 2026 · from monthly figures | 332 | measured |
| 5 | ME8 | £1,363/month | 12 months to Sep 2026 · from monthly figures | 205 | measured |
Gross yield, asking basis · postcode districts in Medway
ME3 ranks 6th of 7 postcode districts in Medway for gross yield, asking basis, at 4.7%.
| # | Area | Gross yield, asking basis | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | ME4 | 7.4% | 12 months to Sep 2026 · from monthly figures | 1,982 | measured |
| 2 | ME7 | 5.7% | 12 months to Sep 2026 · from monthly figures | 1,448 | measured |
| 3 | ME1 | 5.3% | 12 months to Sep 2026 · from monthly figures | 784 | measured |
| 4 | ME5 | 5.2% | 12 months to Sep 2026 · from monthly figures | 486 | measured |
| 5 | ME2 | 5.1% | 12 months to Sep 2026 · from monthly figures | 447 | measured |
| 6 | ME3 | 4.7% | 12 months to Sep 2026 · from monthly figures | 124 | measured |
Full table: gross yield, asking basis across postcode districts in Medway
Where next from ME3?
- MedwayThe wider market this area sits in.
- ME1Neighbouring postcode district · Asking £3,883/m² · Sep 2026
- ME2Neighbouring postcode district · Asking £3,853/m² · Sep 2026
- ME4Neighbouring postcode district · Asking £2,808/m² · Sep 2026
- ME5Neighbouring postcode district · Asking £3,413/m² · Sep 2026
- ME7Neighbouring postcode district · Asking £3,655/m² · Sep 2026
- ME8Neighbouring postcode district · Asking £4,291/m² · Sep 2026
- DA12Next door, in another authority · Asking £4,130/m² · Sep 2026
- ME9Next door, in another authority · Asking £5,042/m² · Sep 2026
- ME12Next door, in another authority · Asking £2,850/m² · Sep 2026
- RM18Next door, in another authority · Asking £4,115/m² · Sep 2026
- ME11Next door, in another authority · Asking £2,744/m² · Sep 2026
- SS17Next door, in another authority · Asking £4,382/m² · Sep 2026
Questions about ME3
- What is the average rent in ME3?
- Homes to let in ME3 asked a median £1,586/month over the 12 months to Sep 2026, 78 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in ME3?
- 4.7% on the asking basis: the asking rent times twelve over the asking sale price in the same listing cell, before costs, voids and finance, over the 12 months to Sep 2026, 124 lets. -4.2% on the previous 12 months.
- What kind of homes are in ME3?
- ME3 has 13,105 homes, 0.0% laid out as houses in multiple occupation.
Construction costs Context for residential research
Sector and regional evidence. These figures are not a quote for an individual property.
Reading the cost index and the regional factors…
Everything else about ME3
- Property values in ME3Every addressable home with its floor area, tenure and last recorded sale.
- Land and development sites in ME3Registered land with its area, tenure and what stands on it.
- Houses and flats for sale in ME3What is on the market right now, with the evidence beside each asking price.
- Flats and houses to rent in ME3What is available to rent, with the recorded rent and yield beside each asking price.
- Sold house prices in ME3Registered completions from Price Paid, newest first.
- Planning applications in ME3What was proposed, who decided it and whether it was approved.
- Estate agents in ME3Who actually lists here, ranked by volume over 12 months.
Where these figures come from
| Figure | Dataset | Window | Latest | Sample |
|---|---|---|---|---|
| Residential dwellings | HM Land Registry Price Paid and the address register, 12-month rollup | Latest published | — | — |
| HMO-shaped dwellings | HM Land Registry Price Paid and the address register, 12-month rollup | Latest published | — | — |
| Asking rent | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 78 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 124 lets |
| Homes to rent | Portal listings; observed forwards from 5 Sep 2026 | on 8 Nov 2026 | 8 Nov 2026 | — |