Chatham Property Market: House Prices, Sold Data & Development Finance, Q3 2026 Review

Chatham: Medway waterfront regeneration with the Historic Dockyard area attracting conversion schemes.

The Chatham property market recorded 4,137 residential sales in the 12 months to 30 June 2026, with a median sale price of £300,000. This places Chatham £45k below the Kent county median of £345,000, and £15k above the approximate UK median of £285,000.

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

On a quarterly view, Chatham median prices moved from £300,000 in Q1 2025 to £295,000 in Q2 2026, a change of -1.7% over 5 quarters. Chatham has now recorded 2 consecutive quarters of price falls.

Medway, the local planning authority covering Chatham, approved 24 residential planning applications and refused 15 in Q3 2026 (1 July to 30 September 2026), with 76 still awaiting a decision. That is an approval rate of 62%. Planning figures come from local planning authority records compiled by Landstack, retrieved on 3 October 2026. Councils and Landstack can take several days to publish decisions, so decisions made in the final days of Q3 2026 may not all be included yet.

Schemes approved in Q3 2026, together with those still awaiting a decision, propose around 3,879 homes, an estimated £1.2bn of development value at local sale prices. Treat the unit total as an upper bound, since an outline permission and its reserved-matters application both count.

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 £483,375, while flat properties are most accessible at £175,000. The £308k spread between the most and least expensive types indicates a diverse market with opportunities across the development spectrum.

HM Land Registry has so far registered 54 new-build sales in Chatham for the past 12 months, 1.3% of registered transactions. New-build sales are typically registered 6 to 18 months after completion, so this understates current delivery and is not a completions figure.

On those registered sales, new builds in Chatham sold at a premium of 47.0% to existing stock.

Across the wider Kent market, 646 new-build sales have registered so far. See our Kent property market report for the full county picture.

The table below shows the most recently registered residential sales in Chatham, 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 £125,000 to £380,000 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 £483,375, lenders can assess scheme viability with confidence.

A typical development finance facility for a scheme in Chatham with a GDV of £483,375 would attract senior debt of approximately £314,194 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.