Property profile

16 Stoneacre Close

ME8 9PS

Rainham South East

Area profile →

Map showing 16 Stoneacre Close, Gillingham

Property Price
150k200k250k300k400k500k750k1.5M

Estimated sale price

£290,000

Terraced sold in Rainham South East

The box shows the middle 50% of terraced sale prices, the whiskers show the 5th to 95th percentile, and the marker shows this property's estimated price.

Half of similar homes sold within the box; most sold within the wider line.

An indicative model estimate, not a survey or formal valuation.

This property vs market

Last sold22 Aug 2024
£260,000Change since last sale: +£32,000 (+12%)
Annualised change
+5.7% per yearMedway annualised change (terraced) since 2024: +3.5% per yearThis property's value grew faster than the market
Price per sq ftLocal median £361 per sq ft
£331 per sq ftEstimate vs local median: −£31 per sq ft (−8.5%)
Local sold pricesMedian for terraced in Rainham South East
£300,000Estimate vs local median: −£8,000 (−2.7%)
How this estimate is calculated

Area360's automated valuation uses available property details, recorded sales and local market data to estimate a sale price. This automated estimate is a guide, not a survey, mortgage valuation or formal valuation. See the valuation methodology and limitations.

Estimate calculated .

Property facts

Property typeHouse / Mid-Terrace
TenureFreehold
Construction period1967-1975
Floor area82 m² / 883 sq ft
Rooms5 habitable / 5 heated
EPC ratingC
EPC inspection20 Jan 2023

Sales history

DatePriceChange
22 Aug 2024£260,000-

Local market

Property prices in Rainham South East

Median price: £325,000
Price per sq ft: £376
Sales (last 12 months): 183
Typical range (middle 50%): £285K – £380K

Based on 183 recent sales, the median property price is £325,000 (about £376 per square foot) in Rainham South East area, with individual transactions ranging from £120,000 up to £637,500.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in Rainham South East over the last year.
TypeSalesMedian£/sq ft
Detached24£471,500£404
Semi-Detached65£360,000£408
Terraced83£300,000£361
Flats11£180,000£290

10-year price trendmedian sale price in Rainham South East

Sale price

Ten year median sale price trend for each property type in Rainham South East.
YearDetachedFlatsSemi-DetachedTerraced
2016£326,250£125,000£256,500£230,000
2017£343,000£156,000£288,750£235,000
2018£434,995£182,998£316,500£240,000
2019£442,495£147,000£300,000£245,000
2020£410,000£157,750£300,000£243,000
2021£430,000£158,500£315,000£260,000
2022£484,995£185,000£362,500£297,500
2023£480,000£177,000£345,000£285,000
2024£420,000£168,500£337,500£285,000
2025£440,000£177,500£355,000£292,000
2026£480,000£205,000£365,000£278,000
Ten year median sale price trend for each property type in Rainham South East.

Price per sq ft

Ten year median sale price per square foot trend for each property type in Rainham South East.
YearDetachedFlatsSemi-DetachedTerraced
2016£308£237£280£281
2017£314£245£314£285
2018£363£306£300£289
2019£364£251£335£295
2020£344£266£326£292
2021£355£279£342£314
2022£413£313£400£364
2023£405£281£389£347
2024£355£339£380£350
2025£387£300£390£359
2026£405£338£377£352
Ten year median sale price per square foot trend for each property type in Rainham South East.

Price distribution by property typelast 12 months

Price distribution by property type for Rainham South East in the last year.

Recent sales

There were 50+ recent sold properties in the last 18 months near ME8 9PS.

Recent sold properties in the last 18 months near ME8 9PS
DateAddressTypeTenurePriceMap
25 Apr 202518, Knavesacre Court, Gillingham, ME8 9QATerracedFreehold£265,000
27 May 202668, Parkwood Green, Gillingham, ME8 9PPSemi-DetachedFreehold£317,500
15 Sept 202566, Parkwood Green, Gillingham, ME8 9PPTerracedFreehold£310,000
26 Aug 202537, Queendown Avenue, Gillingham, ME8 9PDTerracedFreehold£325,000
04 Aug 202583, Long Catlis Road, Gillingham, ME8 9QDTerracedFreehold£300,000

Other properties at this postcode

AddressTenureFloor areaLast sale
2 Stoneacre Close, Parkwood, Gillingham, GillinghamFreehold74 m²£270,000 (2025)
4, Stoneacre Close, GillinghamFreehold76 m²£111,000 (2003)
5, Stoneacre Close, GillinghamFreehold95 m²£137,500 (2011)
6, Stoneacre Close, GillinghamFreehold75 m²£126,000 (2011)
7 Stoneacre Close, GillinghamFreehold78 m²£131,000 (2003)
9, Stoneacre Close, GillinghamFreehold84 m²£243,000 (2018)
12, Stoneacre Close, GillinghamFreehold79 m²£240,000 (2019)
15 Stoneacre Close, GillinghamFreehold99 m²£280,000 (2024)
17 Stoneacre Close, Parkwood, Gillingham, Gillingham-75 m²-
18 Stoneacre Close, GillinghamFreehold95 m²£310,000 (2023)

Area insights for ME8 9PS

Full area profile →

Overview

Postcode ME8 9PS is located in an urban city, within the Rainham South East area of Medway in the South East region, and forms part of the Parkwood West area. It has low deprivation and very low crime levels, with around 25.3 crimes per 1,000 residents per year, about 70% below the South East average of 84 per 1,000. The average income per household in Parkwood West is £57,822 per year. The median sale price in Rainham South East is £325,000 (around £376 per square foot), with typical sale prices between £285,000 and £380,000. The nearest station is Rainham (Kent), about 1.5 miles away. There are 7 primary and 2 secondary schools in the area. There are 2 parks nearby, the closest small park is Parkwood Green.

Crime rate
2/10
Crimes per 1k residents
25
Deprivation level
3/10
Income level
4/10
Social housing
12.3%
Connectivity
N/A
Flood Risk
No risk
Noise Level
No noise

Deprivation level

3/10

Parkwood West has a low level of deprivation, ranked at position 24,458 out of 32,844 areas in England, placing it within the bottom 26% least deprived areas in England.

Crime level

2/10

Parkwood West has a very low crime rate, with approximately 25.3 reported incidents per 1,000 population each year.

Social housing

12.3%

Approximately 12.3% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 5.6% of dwellings are socially rented.

Income level

4/10

The average income per household in Parkwood West is £57,822 per year.

Noise Level

No noise

No significant noise sources from railways or roads near ME8 9PS.

Flood risk

No risk

Parkwood West near ME8 9PS has no flood risk (less than 0.1% chance of a flood each year) from rivers and sea.

Transport

The nearest station is Rainham (Kent) located about 1.5 miles away. There are no other stations nearby.

Parks

Nearby parks and green spaces for ME8 9PS
DistanceNameSizeDirections
0.1 miParkwood GreenSmallWalking directions to Parkwood Green
0.4 miPeverel GreenSmallWalking directions to Peverel Green

Area Profile

Population
257
Population density
7,293.4 per km²

Crime

Crime per 1,000 population

Violence and sexual offences
12.63(-60%)
Anti-social behaviour
4.21(-66%)
Criminal damage and arson
3.51(-46%)
Vehicle crime
3.51(-5%)
Other theft
2.11(-62%)
South East average

Demographics

Ethnic groups

British
230
89.84%
Caribbean
7
2.73%
Other White
6
2.34%
White and Asian (mixed)
3
1.17%
Irish
3
1.17%
Total population: 256

Economics

Education (age 16+)

Level 3 (A level)
46
22.44%
Level 4+ (Degree)
41
20%
No qualifications
38
18.54%
Level 2 (GCSEs 9-4)
29
14.15%
Level 1 (GCSEs 3-1)
26
12.68%
Total 16+ residents: 205

Housing

Housing tenure

Owns outright
51
44.74%
Owns with a mortgage
32
28.07%
Other social rented
12
10.53%
Private landlord or letting agency
12
10.53%
Shared ownership
3
2.63%
Total households: 114

Schools

In the ME8 9PS postcode area, located within Parkwood West, there are 7 primary and 2 secondary schools in close proximity.

Nearby primary and secondary schools for ME8 9PS
DistancePhaseNameTypeRating
0.2 miPrimaryParkwood Primary SchoolCommunity school

Requires improvement

0.3 miPrimaryFairview Community Primary SchoolCommunity school

Good

0.4 miPrimaryDeanwood Primary SchoolAcademy converter

Good

Local amenities

5 nearby supermarkets & convenience stores within 0.5 mi of ME8 9PS

Nearby supermarkets & convenience stores for ME8 9PS
DistanceNameAddressDirections
0 miCo-op FoodParkwood Green Shopping Centre, Medway, ME8 9PNWalking directions to Co-op Food
0 miMorrisons DailyParkwood Green Shopping Centre, Medway, ME8 9PWWalking directions to Morrisons Daily
0.4 miPeverel Green SupermarketPeverel Green, Medway, ME8 9UHWalking directions to Peverel Green Supermarket
0.5 miMierscourt Farm ShopMierscourt Road, Gillingham, ME8 8PJWalking directions to Mierscourt Farm Shop
0.5 miPost Office Convenience StoreWoodside, Medway, ME8 0PNWalking directions to Post Office Convenience Store