Luton Road - ME4 5BL
Key Postcode Insights
ME4 5BL is a residential postcode situated on Luton Road, Chatham, ME4 with 22 addresses.
It ranks as the 389th largest and 301st 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 22 properties: 22 houses.
- Ave. Sale Price
- £229,033
- 10 Year change
- up 35.5%
- Ave. Rental Price
- £1,245pcm
- 10 Year change
- up 52.5%
- Ave. £ per ft²
- £315/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Key Postcode Insights
ME4 5BL is a residential postcode situated on Luton Road, Chatham, ME4 with 22 addresses.
It ranks as the 389th largest and 301st 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 22 properties: 22 houses.
- Ave. Sale Price
- £229,033
- 10 Year change
- up 35.5%
- Ave. Rental Price
- £1,245pcm
- 10 Year change
- up 52.5%
- Ave. £ per ft²
- £315/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Explore Propertiesin ME4 5BL
- 291 Luton Road
4 Bed House
- 293 Luton Road
3 Bed Period House
- 295 Luton Road
3 Bed Period House
- 297 Luton Road
3 Bed Period House
- 299 Luton Road
3 Bed Period House
Sales Market Trends
The last sale in ME4 5BL sold for £180,000 on 27th February 2026. Since then prices are down an average of 0.8%.
The current average value in the postcode is £229,033.
The ME4 5BL Sales Market has increased by 35.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.5% | £229,033 |
| June 2025 | 4.1% | £230,245 |
| June 2024 | -4.8% | £221,229 |
| June 2023 | 0.6% | £232,387 |
| June 2022 | 14.5% | £230,969 |
| June 2021 | 5.2% | £201,639 |
| June 2020 | 3.7% | £191,743 |
| June 2019 | 0.2% | £184,902 |
| June 2018 | 2.7% | £184,480 |
| June 2017 | 6.3% | £179,643 |
| June 2016 | 21% | £169,041 |
| June 2015 | 7.3% | £139,715 |
| June 2014 | 12.2% | £130,197 |
| June 2013 | -0.7% | £116,043 |
| June 2012 | 2.7% | £116,852 |
| June 2011 | -2.7% | £113,731 |
| June 2010 | 8.8% | £116,831 |
| June 2009 | -15.9% | £107,373 |
| June 2008 | -2% | £127,635 |
| June 2007 | 0% | £130,254 |
Rental Market Trends
The current average rental value in the postcode is £1,245.
The ME4 5BL Rental Market has increased by 52.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2% | £1,245pcm |
| June 2025 | 4.4% | £1,220pcm |
| June 2024 | 3.9% | £1,169pcm |
| June 2023 | 12.9% | £1,126pcm |
| June 2022 | 10.3% | £997pcm |
| June 2021 | 7.6% | £903pcm |
| June 2020 | 1.5% | £840pcm |
| June 2019 | 0.3% | £828pcm |
| June 2018 | 0.9% | £825pcm |
| June 2017 | 0.3% | £818pcm |
| June 2016 | 9.2% | £816pcm |
| June 2015 | 10.8% | £747pcm |
| June 2014 | 1% | £674pcm |
| June 2013 | 1.9% | £668pcm |
| June 2012 | 4.6% | £656pcm |
| June 2011 | 5.3% | £627pcm |
| June 2010 | 1.1% | £595pcm |
| June 2009 | -4.1% | £589pcm |
| June 2008 | 2.7% | £614pcm |
| June 2007 | 0% | £598pcm |
Sales History
The last sale was on 27th February 2026 for £180,000 and since then the market in the area has decreased by 0.8%. The postcode has had a total of 45 sales since 1995.
ME4 5BL has seen 5 sales in the last three years and 1 sale in the last twelve months.
- Sold Feb 2026£180,000 | 3 Bed House301, Luton Road, Chatham, ME4 5BL301, Luton Road, Chatham, ME4 5BL
- Sold May 2025£250,000 | 3 Bed House319, Luton Road, Chatham, ME4 5BL319, Luton Road, Chatham, ME4 5BL
- Sold Feb 2025£230,000 | 3 Bed House317, Luton Road, Chatham, ME4 5BL317, Luton Road, Chatham, ME4 5BL
- Sold Jul 2024£190,000 | 3 Bed House311, Luton Road, Chatham, ME4 5BL311, Luton Road, Chatham, ME4 5BL
- Sold May 2023£195,000 | 3 Bed House323, Luton Road, Chatham, ME4 5BL323, Luton Road, Chatham, ME4 5BL
Nearby Postcodes
ME4 5BL is the 389th largest and the 301st most expensive postcode out of the 697 postcodes in the ME4 area.
- ME4 5BU, Luton Road, Chatham, ME4ME4 5BU10 Addresses|34 m away
- ME4 5BQ, Connaught Mews, Chatham, ME4ME4 5BQ6 Addresses|56 m away
- ME4 5DS, Connaught Mews, Chatham, ME4ME4 5DS14 Addresses|71 m away
- ME4 5BJ, Luton Road, Chatham, ME4ME4 5BJ20 Addresses|84 m away
- ME4 5DL, Albany Road, Chatham, ME4ME4 5DL36 Addresses|93 m away
Property Types
- 18 period houses built between 1800 and 1911
- 1 house of an unknown age
- 3 other addresses of unknown type
- period house (18)
- house (1)
- 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 (0)
- C (3)
- G (0)
- D (11)
- No EPC (4)
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 School200 m away
- Byron Primary School600 m away
- All Saints Church of England Primary School700 m away
- Chatham Grammar400 m away
- The Victory Academy800 m away
- Brompton Academy1.1 km away
More reading links
Public Transport Nearby
The closest station to ME4 5BL is Gillingham (Kent) station, which is 1.6 kilometres away.
- Gillingham (Kent)|1.6 km away
- Chatham|1.7 km away
- Rochester|2.6 km away
- Strood (Kent)|3.9 km away
