House Prices in Chatham, Medway

# Chatham Property Market Summary

Chatham, a historic Medway town in Kent, offers one of the more affordable property markets in the South East, with an overall average price of £171,069 across its substantial stock of 24,020 properties. The market has demonstrated notable volatility in recent years, with average prices fluctuating between £276,245 in 2017 and peaking at £418,455 in 2020 during the pandemic-driven property boom. Following this spike, prices have remained elevated compared to pre-pandemic levels, settling around £300,000-£320,000 in recent years, though 2025 data shows another uptick to £391,916 (albeit based on fewer sales to date).

Transaction volumes reveal a dynamic market, with sales activity particularly strong in 2021 (1,400 sales) and 2024 (1,300 sales), suggesting sustained buyer interest despite price fluctuations. The town benefits from its strategic location with excellent transport links to London, ongoing regeneration projects, and a more accessible price point than many neighbouring areas. Chatham's maritime heritage, coupled with modern developments and improving infrastructure, continues to attract first-time buyers and investors seeking value in the Kent property market, though prospective buyers should note the considerable year-on-year price variations when planning purchases.