Chatham Property Market: House Prices, Sold Data & Development Finance, End of H1 2026

Medway waterfront regeneration with the Historic Dockyard area attracting conversion schemes

The Chatham property market recorded 2,930 residential sales over the past 12 months, with a median sale price of £300,000. This places Chatham £47k below the Kent county median of £347,000, and £15k above the UK national median of £285,000.

Prices in Chatham have shown broadly stable, with a year-on-year change of 0%. Within Kent, Chatham ranks 10th by price out of 12 principal towns, and 1st by transaction volume.

Chatham median prices have moved from £300,000 in Q1 2025 to £300,000 in Q2 2026, a change of 0.0% over 5 quarters.

Medway Council — the local planning authority covering Chatham — has 220 residential units in its current pipeline, an estimated gross development value of £55.7m, across 13 applications (0 approved, 13 pending) at an approval rate of 0%.

Property prices in Chatham vary significantly by type. The table below compares Chatham prices with Kent county averages and UK national figures.

Detached homes in Chatham command £485,000, while flat properties are most accessible at £171,500. The £314k spread between the most and least expensive types indicates a diverse market with opportunities across the development spectrum.

Chatham recorded 14 new-build transactions in the past 12 months, representing 0.5% of total sales. There is moderate development activity, with room for further growth.

New-build properties in Chatham traded at a premium of 100.0% versus existing stock. This premium supports the viability of new development, as buyers are willing to pay more for new homes.

Across the wider Kent market, 168 new-build completions were recorded — see our Kent property market report for the full county picture.

The following table shows the most recent property transactions recorded in Chatham, providing real-time evidence of achieved prices for buyers, sellers, and developers:

These transactions are sourced from HM Land Registry Price Paid data and represent completed, registered sales. The range from £245,000 to £595,000 illustrates the breadth of the Chatham market.

For developers considering Chatham, the local market data translates directly into finance structuring. With a median value of £300,000 and detached homes at £485,000, lenders can assess scheme viability with confidence.

A typical development finance facility for a Chatham scheme with a GDV of £485,000 would attract senior debt of approximately £315,250 at 65% LTGDV. Mezzanine finance can stretch total borrowing to 85-90% of costs, while bridging loans enable rapid site acquisitions completing in as little as 5 working days.

While prices have remained flat year-on-year, experienced developers can still generate strong returns in Chatham by targeting well-located sites with clear demand drivers.

Ready to develop in Chatham? Submit your scheme for indicative terms within 24 hours from our panel of 100+ lenders.

To put Chatham's market in context, the table below compares it with similarly-priced towns across Kent:

For the full Kent town-by-town breakdown, see our comprehensive Kent property market report.