Elm Avenue - ME3 8LY
Key Postcode Insights
ME3 8LY is a residential postcode situated on Elm Avenue, Chattenden, Rochester, ME3 with 29 addresses.
It ranks as the 671st largest and 412th most expensive of the 824 postcodes in the ME3 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 29 properties: 29 houses.
- Ave. Sale Price
- £394,100
- 10 Year change
- up 34.7%
- Ave. Rental Price
- £1,764pcm
- 10 Year change
- up 60.2%
- Ave. £ per ft²
- £450/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Key Postcode Insights
ME3 8LY is a residential postcode situated on Elm Avenue, Chattenden, Rochester, ME3 with 29 addresses.
It ranks as the 671st largest and 412th most expensive of the 824 postcodes in the ME3 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 29 properties: 29 houses.
- Ave. Sale Price
- £394,100
- 10 Year change
- up 34.7%
- Ave. Rental Price
- £1,764pcm
- 10 Year change
- up 60.2%
- Ave. £ per ft²
- £450/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Explore Propertiesin ME3 8LY
- 1A Elm Avenue
4 Bed House
- 1 Elm Avenue
4 Bed Mid-century House
- 2 Elm Avenue
3 Bed Mid-century House
- 3 Elm Avenue
Unknown
- 4A Elm Avenue
3 Bed Modern House
Sales Market Trends
The last sale in ME3 8LY sold for £485,000 on 2nd February 2024. Since then prices are up an average of 2.0%.
The current average value in the postcode is £394,100.
The ME3 8LY Sales Market has increased by 34.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.1% | £394,100 |
| June 2025 | 2.1% | £394,625 |
| June 2024 | -3% | £386,495 |
| June 2023 | -0.1% | £398,467 |
| June 2022 | 11.3% | £398,710 |
| June 2021 | 7.3% | £358,133 |
| June 2020 | 3.1% | £333,726 |
| June 2019 | -2.3% | £323,665 |
| June 2018 | 5% | £331,253 |
| June 2017 | 7.8% | £315,455 |
| June 2016 | 13.6% | £292,641 |
| June 2015 | 8.9% | £257,693 |
| June 2014 | 11.6% | £236,571 |
| June 2013 | 4.2% | £211,990 |
| June 2012 | 0.2% | £203,420 |
| June 2011 | -1.7% | £203,079 |
| June 2010 | 7.6% | £206,498 |
| June 2009 | -11.9% | £191,937 |
| June 2008 | 1.2% | £217,881 |
| June 2007 | 0% | £215,273 |
Rental Market Trends
The current average rental value in the postcode is £1,764.
The ME3 8LY Rental Market has increased by 60.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.7% | £1,764pcm |
| June 2025 | 4.1% | £1,735pcm |
| June 2024 | 6.5% | £1,667pcm |
| June 2023 | 13.1% | £1,565pcm |
| June 2022 | 10.5% | £1,383pcm |
| June 2021 | 7.4% | £1,251pcm |
| June 2020 | 1.7% | £1,165pcm |
| June 2019 | 1.2% | £1,146pcm |
| June 2018 | 1.6% | £1,132pcm |
| June 2017 | 1.2% | £1,114pcm |
| June 2016 | 8.1% | £1,101pcm |
| June 2015 | 7.5% | £1,019pcm |
| June 2014 | 3.8% | £947pcm |
| June 2013 | 3.3% | £912pcm |
| June 2012 | 3.2% | £883pcm |
| June 2011 | 3.4% | £855pcm |
| June 2010 | 3.5% | £828pcm |
| June 2009 | -2.5% | £800pcm |
| June 2008 | 4.6% | £820pcm |
| June 2007 | 0% | £784pcm |
Sales History
The last sale was on 2nd February 2024 for £485,000 and since then the market in the area has increased by 2.0%. The postcode has had a total of 20 sales since 1995.
ME3 8LY has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Feb 2024£485,000 | 4 Bed House1, Elm Avenue, Rochester, ME3 8LY1, Elm Avenue, Rochester, ME3 8LY
- Sold Dec 2020£445,000 | 3 Bed House20, Elm Avenue, Rochester, ME3 8LY20, Elm Avenue, Rochester, ME3 8LY
- Sold Jun 2019£290,000 | 3 Bed House20, Elm Avenue, Rochester, ME3 8LY20, Elm Avenue, Rochester, ME3 8LY
- Sold May 2016£410,000 | 4 Bed House23, Elm Avenue, Rochester, ME3 8LY23, Elm Avenue, Rochester, ME3 8LY
- Sold May 2015£320,000 | 4 Bed House21, Elm Avenue, Rochester, ME3 8LY21, Elm Avenue, Rochester, ME3 8LY
Nearby Postcodes
ME3 8LY is the 671st largest and the 412th most expensive postcode out of the 824 postcodes in the ME3 area.
- ME3 8PA, Toad Hall Crescent, Chattenden, Rochester, ME3ME3 8PA43 Addresses|74 m away
- ME3 8LT, Hoo Common, Chattenden, Rochester, ME3ME3 8LT38 Addresses|122 m away
- ME3 8PS, Toad Hall Crescent, Chattenden, Rochester, ME3ME3 8PS21 Addresses|124 m away
- ME3 8LN, Main Road, Chattenden, Rochester, ME3ME3 8LN20 Addresses|156 m away
- ME3 8LX, Broadwood Road, Chattenden, Rochester, ME3ME3 8LX20 Addresses|163 m away
Property Types
- 1 modern house built after 1980
- 14 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 3 early-century houses built between 1912 and 1935
- 9 other addresses of unknown type
- modern house (1)
- mid-century house (14)
- house (2)
- early-century house (3)
- Unknown (9)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 18 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (2)
- C (11)
- G (0)
- D (4)
- No EPC (11)
Top 3 Most Expensive Sales
- Sold Feb 2024£485,000 | 4 Bed House1, Elm Avenue, Rochester, ME3 8LY1, Elm Avenue, Rochester, ME3 8LY
- Sold Oct 2025£483,750 | 4 Bed HouseLingley House, Elm Avenue, Rochester, ME3 8LZLingley House, Elm Avenue, Rochester, ME3 8LZ
- Sold Aug 2021£450,000 | 4 Bed House24, Elm Avenue, Rochester, ME3 8LZ24, Elm Avenue, Rochester, ME3 8LZ
Schools Nearby
- Chattenden Primary School500 m away
- St Mary's Island Church of England (Aided) Primary School1.2 km away
- Hoo St Werburgh Primary School and the Marlborough1.5 km away
- Maritime Academy2.4 km away
- Waterfront UTC2.5 km away
- Brompton Academy4.0 km away
More reading links
Public Transport Nearby
The closest station to ME3 8LY is Strood (Kent) station, which is 3.3 kilometres away.
- Strood (Kent)|3.3 km away
- Gillingham (Kent)|3.7 km away
- Rochester|4.0 km away
- Chatham|4.3 km away
