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Asking rent £1,299/month · Gross yield 5.3% · 12 months, listings to Sep 2026
Medway: asking rent £1,299/month (12 months to Sep 2026, 2,605 lets).
£1,299/month 12 months to Sep 2026
2,605 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, 2,605 lets.
5.3% 12 months to Sep 2026
5,610 lets
+1.5% 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, 5,610 lets.
Sample is the dated lettings behind the latest month's rent cell.
1,338 on 4 Nov 2026
Count of live residential lettings on the day, from portal listings; observed forwards from 5 Sep 2026. The count on 4 Nov 2026; the daily series began on 5 Sep 2026, so no change over a year is stated.
Asking rent in Medway runs from £994/month for 1 bedroom to £1,896/month for 5+ bedrooms.
| Homes | Asking rent | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £994/month | 12 months to Sep 2026 | +4.7% on the previous 12 months | 1620 |
| 2 bedrooms | £1,321/month | 12 months to Sep 2026 | -1.3% on the previous 12 months | 1920 |
| 3 bedrooms | £1,487/month | 12 months to Sep 2026 | +0.4% on the previous 12 months | 1512 |
| 4 bedrooms | £1,748/month | 12 months to Sep 2026 | -2.8% on the previous 12 months | 296 |
| 5+ bedrooms | £1,896/month | 12 months to Aug 2026 · 11 of 12 months observed | — | 107 |
Asking rent per calendar month by bedroom band: the monthly medians of lettings that came to market, weighted by their dated listings, within the last 12 calendar months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
Corporate landlords hold 79% of the 5,501 units in Medway whose freeholder is classified; 96% of all units are not yet classified.
Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.
Medway ranks 19th of 62 local authorities in England for asking rent, at £1,299/month.
Medway ranks 19th of 62 local authorities in England for asking rent, at £1,299/month.
| # | Area | Asking rent | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | Windsor and Maidenhead | £2,405/month | 12 months to Sep 2026 · from monthly figures | 2,153 | measured |
| 2 | Bath and North East Somerset | £2,047/month | 12 months to Sep 2026 · from monthly figures | 2,982 | measured |
| 3 | City of Bristol | £1,754/month | 12 months to Sep 2026 · from monthly figures | 10,313 | measured |
| 4 | Wokingham | £1,701/month | 12 months to Sep 2026 · from monthly figures | 1,662 | measured |
| 5 | The City of Brighton and Hove | £1,699/month | 12 months to Sep 2026 · from monthly figures | 7,200 | measured |
| 19 | Medway | £1,299/month | 12 months to Sep 2026 · from monthly figures | 2,605 | measured |
Medway ranks 11th of 61 local authorities in England for gross yield, asking basis, at 5.3%.
| # | Area | Gross yield, asking basis | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | City of Nottingham | 6.4% | 12 months to Sep 2026 · from monthly figures | 14,986 | measured |
| 2 | Reading | 6.4% | 12 months to Sep 2026 · from monthly figures | 6,102 | measured |
| 3 | Blackpool | 6.1% | 12 months to Sep 2026 · from monthly figures | 1,584 | measured |
| 4 | City of Kingston upon Hull | 5.9% | 12 months to Sep 2026 · from monthly figures | 4,393 | measured |
| 5 | Middlesbrough | 5.5% | 12 months to Sep 2026 · from monthly figures | 2,723 | measured |
| 11 | Medway | 5.3% | 12 months to Sep 2026 · from monthly figures | 5,610 | measured |
Full table: gross yield, asking basis across local authorities in England
ME3 leads the 7 postcode districts within 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 | £1,379/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 |
Full table: asking rent across postcode districts within Medway
ME4 leads the 7 postcode districts within Medway for gross yield, asking basis, at 7.4%.
| # | 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 |
Full table: gross yield, asking basis across postcode districts within Medway
Sector and regional evidence. These figures are not a quote for an individual property.
Reading the cost index and the regional factors…
| Figure | Dataset | Window | Latest | Sample |
|---|---|---|---|---|
| Asking rent | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 2,605 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 5,610 lets |
| Homes to rent | Portal listings; observed forwards from 5 Sep 2026 | on 4 Nov 2026 | 4 Nov 2026 | — |