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Parkwood area report

Highlights

Parkwood is a neighbourhood in Kent with a population of 7,346. The median house price is £310,000, with 195 sales recorded over 12 months and prices rising 21.7% over five years. Terraced homes median at £290,000, semi-detached at £350,000, detached at £370,000, and flats at £163,000. The median age is 43.1 years, and 83.3% of homes are owner-occupied. About 75% of neighbourhoods in England are more deprived than Parkwood. Air quality is moderate, with nitrogen dioxide at 9.9 micrograms per cubic metre and PM2.5 at 7.2. There is no flood risk in the area. Broadband is widely available, with 99.5% gigabit coverage. Council tax for band D is £2,319.29 in 2026/27. The area falls under Medway Council, a unitary authority controlled by Labour.

Data updated 2026/2025. Parkwood, Kent — a free, sourced local-area report from Acreright. Every figure shows its source and date; where the data isn't reliable we say so rather than guess.

This district. Figures below lead with Parkwood’s own data where it exists; wider-area statistics are clearly labelled.

Within Kent, Parkwood ranks 4th cheapest of 13, 10th safest and 4th most affordable.

What does it cost?

Sold prices in Parkwood have risen 22% over the last five years (UK House Price Index).

Who lives here?

About 75% of neighbourhoods in England are more deprived than Parkwood (English Indices of Deprivation, decile 8 of 10, national basis). Little changed since 2019 (decile 8).

Schools

Getting around

Has it been a good investment?

Investment context: a gross rental yield of about 5.2% (area median rent against the median sold price) — appraise a specific property at /appraisal/parkwood.

Compare every area in Kent: Kent area guide & rankings.

Nearby areas we cover: Wigmore, Hempstead, Rainham.

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Parkwood

Parkwood is a neighbourhood in Kent with a population of 7,346.

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