Luton Road - ME4 5BD
Key Postcode Insights
ME4 5BD is a residential postcode situated on Luton Road, Chatham, ME4 with 23 addresses.
It ranks as the 400th largest and 168th most expensive of the 697 postcodes in the ME4 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 23 properties: 15 houses and 8 flats.
- Ave. Sale Price
- £172,010
- 10 Year change
- up 27.5%
- Ave. Rental Price
- £1,021pcm
- 10 Year change
- up 43.6%
- Ave. £ per ft²
- £267/ft²
- Ave. Gross Yield
- 7.1%/year/yr
Key Postcode Insights
ME4 5BD is a residential postcode situated on Luton Road, Chatham, ME4 with 23 addresses.
It ranks as the 400th largest and 168th most expensive of the 697 postcodes in the ME4 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 23 properties: 15 houses and 8 flats.
- Ave. Sale Price
- £172,010
- 10 Year change
- up 27.5%
- Ave. Rental Price
- £1,021pcm
- 10 Year change
- up 43.6%
- Ave. £ per ft²
- £267/ft²
- Ave. Gross Yield
- 7.1%/year/yr
Explore Propertiesin ME4 5BD
- 318 Luton Road
3 Bed Period House
- 320 Luton Road
3 Bed Period House
- 322 Luton Road
3 Bed Period House
- 324 Luton Road
3 Bed Period House
- 326 Luton Road
3 Bed Period House
Sales Market Trends
The last sale in ME4 5BD sold for £210,000 on 16th June 2023. Since then prices are down an average of 3.5%.
The current average value in the postcode is £172,010.
The ME4 5BD Sales Market has increased by 27.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.5% | £172,010 |
| June 2025 | 2.1% | £172,858 |
| June 2024 | -3.6% | £169,259 |
| June 2023 | -0.1% | £175,511 |
| June 2022 | 12.7% | £175,711 |
| June 2021 | 3.9% | £155,900 |
| June 2020 | 4% | £150,086 |
| June 2019 | -0.5% | £144,354 |
| June 2018 | 2.2% | £145,120 |
| June 2017 | 5.3% | £141,990 |
| June 2016 | 19.2% | £134,886 |
| June 2015 | 5.4% | £113,129 |
| June 2014 | 11.9% | £107,322 |
| June 2013 | -2.1% | £95,889 |
| June 2012 | -0.5% | £97,952 |
| June 2011 | -3.3% | £98,445 |
| June 2010 | 5.3% | £101,778 |
| June 2009 | -16.1% | £96,619 |
| June 2008 | -1.8% | £115,105 |
| June 2007 | 0% | £117,262 |
Rental Market Trends
The current average rental value in the postcode is £1,021.
The ME4 5BD Rental Market has increased by 43.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.1% | £1,021pcm |
| June 2025 | 2.4% | £1,001pcm |
| June 2024 | 5.2% | £977pcm |
| June 2023 | 12.1% | £929pcm |
| June 2022 | 8.6% | £828pcm |
| June 2021 | 6.2% | £763pcm |
| June 2020 | 1.7% | £718pcm |
| June 2019 | -0.5% | £706pcm |
| June 2018 | 0.4% | £709pcm |
| June 2017 | -0.7% | £707pcm |
| June 2016 | 7.6% | £711pcm |
| June 2015 | 8.9% | £661pcm |
| June 2014 | 0.7% | £607pcm |
| June 2013 | 0.4% | £603pcm |
| June 2012 | 1.3% | £600pcm |
| June 2011 | 4.6% | £592pcm |
| June 2010 | -2.2% | £566pcm |
| June 2009 | -4.3% | £579pcm |
| June 2008 | 2.9% | £605pcm |
| June 2007 | 0% | £588pcm |
Sales History
The last sale was on 16th June 2023 for £210,000 and since then the market in the area has decreased by 3.5%. The postcode has had a total of 31 sales since 1995.
ME4 5BD has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Jun 2023£210,000 | 3 Bed House348, Luton Road, Chatham, ME4 5BD348, Luton Road, Chatham, ME4 5BD
- Sold Jan 2023£250,000 | 3 Bed House320, Luton Road, Chatham, ME4 5BD320, Luton Road, Chatham, ME4 5BD
- Sold Apr 2022£207,000 | 3 Bed House322, Luton Road, Chatham, ME4 5BD322, Luton Road, Chatham, ME4 5BD
- Sold Sep 2020£146,500 | 3 Bed House334, Luton Road, Chatham, ME4 5BD334, Luton Road, Chatham, ME4 5BD
- Sold Jul 2019£154,000 | 3 Bed House338, Luton Road, Chatham, ME4 5BD338, Luton Road, Chatham, ME4 5BD
Nearby Postcodes
ME4 5BD is the 400th largest and the 168th most expensive postcode out of the 697 postcodes in the ME4 area.
- ME4 5BH, Luton Road, Chatham, ME4ME4 5BH30 Addresses|27 m away
- ME4 5AR, Pheasant Road, Chatham, ME4ME4 5AR6 Addresses|71 m away
- ME4 5AT, First Avenue, Chatham, ME4ME4 5AT33 Addresses|83 m away
- ME4 5AU, Second Avenue, Chatham, ME4ME4 5AU12 Addresses|109 m away
- ME4 5BX, Luton Road, Chatham, ME4ME4 5BX20 Addresses|136 m away
Property Types
- 12 period houses built between 1800 and 1911
- 8 period flats built between 1800 and 1911
- 3 other addresses of unknown type
- period house (12)
- period flat (8)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 18 properties.
- The most common rating is D.
- A (0)
- E (4)
- B (0)
- F (1)
- C (5)
- G (0)
- D (8)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold Apr 2023£531,000 | 3 Bed House413, Luton Road, Chatham, ME4 5BH413, Luton Road, Chatham, ME4 5BH
- Sold Sep 2018£440,000 | 2 Bed Flat2E, Luton Road, Chatham, ME4 5AA2E, Luton Road, Chatham, ME4 5AA
- Sold Jun 2005£380,000 | 3 Bed House306, Luton Road, Chatham, ME4 5BX306, Luton Road, Chatham, ME4 5BX
Schools Nearby
- Luton Primary School100 m away
- Byron Primary School700 m away
- All Saints Church of England Primary School1.0 km away
- Chatham Grammar300 m away
- The Victory Academy900 m away
- Brompton Academy1.3 km away
More reading links
Public Transport Nearby
The closest station to ME4 5BD is Gillingham (Kent) station, which is 1.7 kilometres away.
- Gillingham (Kent)|1.7 km away
- Chatham|1.9 km away
- Rochester|2.9 km away
- Strood (Kent)|4.2 km away