Luton Road - ME4 5BN
Key Postcode Insights
ME4 5BN is a residential postcode situated on Luton Road, Chatham, ME4 with 33 addresses.
It ranks as the 510th largest and 249th 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 33 properties: 14 houses, 16 flats and 3 other properties.
- Ave. Sale Price
- £214,575
- 10 Year change
- up 27.9%
- Ave. Rental Price
- £1,149pcm
- 10 Year change
- up 42.9%
- Ave. £ per ft²
- £273/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
ME4 5BN is a residential postcode situated on Luton Road, Chatham, ME4 with 33 addresses.
It ranks as the 510th largest and 249th 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 33 properties: 14 houses, 16 flats and 3 other properties.
- Ave. Sale Price
- £214,575
- 10 Year change
- up 27.9%
- Ave. Rental Price
- £1,149pcm
- 10 Year change
- up 42.9%
- Ave. £ per ft²
- £273/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Properties in ME4 5BN
- 235 Luton Road
Building  |  2 Flats
- 237 Luton Road
4 Bed Period House
- 239 Luton Road
2 Bed Modern Flat
- 241 Luton Road
2 Bed Modern Flat
- 243 Luton Road
Building  |  2 Flats
Sales Market Trends
The last sale in ME4 5BN sold for £200,000 on 28th April 2025. Since then prices are down an average of 0.7%.
The current average value in the postcode is £214,575.
The ME4 5BN Sales Market has increased by 27.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.7% | £214,575 |
| June 2025 | 2.6% | £216,057 |
| June 2024 | -4% | £210,641 |
| June 2023 | -0.2% | £219,402 |
| June 2022 | 12.8% | £219,734 |
| June 2021 | 3.8% | £194,810 |
| June 2020 | 3.8% | £187,596 |
| June 2019 | 0.5% | £180,648 |
| June 2018 | 2% | £179,725 |
| June 2017 | 5.1% | £176,251 |
| June 2016 | 19.4% | £167,723 |
| June 2015 | 5.3% | £140,496 |
| June 2014 | 11.8% | £133,459 |
| June 2013 | -2.4% | £119,401 |
| June 2012 | 1.1% | £122,333 |
| June 2011 | -3.1% | £121,016 |
| June 2010 | 6.4% | £124,943 |
| June 2009 | -16.1% | £117,416 |
| June 2008 | -2% | £139,964 |
| June 2007 | 0% | £142,755 |
Rental Market Trends
The current average rental value in the postcode is £1,149.
The ME4 5BN Rental Market has increased by 42.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.8% | £1,149pcm |
| June 2025 | 2.8% | £1,129pcm |
| June 2024 | 4.5% | £1,098pcm |
| June 2023 | 12.4% | £1,051pcm |
| June 2022 | 8.2% | £935pcm |
| June 2021 | 6.5% | £864pcm |
| June 2020 | 1.5% | £812pcm |
| June 2019 | -0.1% | £800pcm |
| June 2018 | 0.3% | £800pcm |
| June 2017 | -0.7% | £798pcm |
| June 2016 | 7.5% | £804pcm |
| June 2015 | 9.7% | £748pcm |
| June 2014 | -0.2% | £682pcm |
| June 2013 | 0.3% | £684pcm |
| June 2012 | 2.8% | £682pcm |
| June 2011 | 5.4% | £663pcm |
| June 2010 | -1.4% | £629pcm |
| June 2009 | -4.6% | £638pcm |
| June 2008 | 2.7% | £669pcm |
| June 2007 | 0% | £651pcm |
Sales History
The last recorded sale was on 28th April 2025 for £200,000 and since then the market in the area has decreased by 0.7%.
ME4 5BN has had 3 sales since 1995, with 3 in the last three years and none in the last twelve months.
- Sold Apr 2025£200,000 | 3 Bed House287, Luton Road, Chatham, ME4 5BN287, Luton Road, Chatham, ME4 5BN
- Sold Mar 2025£182,000 | 3 Bed House255, Luton Road, Chatham, ME4 5BN255, Luton Road, Chatham, ME4 5BN
- Sold Oct 2024£195,000 | 3 Bed House275, Luton Road, Chatham, ME4 5BN275, Luton Road, Chatham, ME4 5BN
Nearby Postcodes
ME4 5BN is the 510th largest and the 249th most expensive postcode out of the 697 postcodes in the ME4 area.
- ME4 5BS, Luton Road, Chatham, ME4ME4 5BS31 Addresses|45 m away
- ME4 5HR, Grove Road, Chatham, ME4ME4 5HR4 Addresses|83 m away
- ME4 5BW, Luton Road, Chatham, ME4ME4 5BW17 Addresses|96 m away
- ME4 5EW, Maida Road, Chatham, ME4ME4 5EW27 Addresses|99 m away
- ME4 5LW, Ocelot Court, Chatham, ME4ME4 5LW7 Addresses|125 m away
Property Types
- 11 period houses built between 1800 and 1911
- 10 period flats built between 1800 and 1911
- 3 modern houses built after 1980
- 4 modern flats built after 1980
- 2 mid-century flats built between 1936 and 1979
- 3 other addresses of unknown type
- period house (11)
- period flat (10)
- modern house (3)
- modern flat (4)
- mid-century flat (2)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 28 properties.
- The most common rating is D.
- A (0)
- E (4)
- B (0)
- F (0)
- C (10)
- G (0)
- D (14)
- 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 School300 m away
- All Saints Church of England Primary School600 m away
- Byron Primary School600 m away
- Chatham Grammar500 m away
- The Victory Academy800 m away
- Brompton Academy1.0 km away
More reading links
Public Transport Nearby
The closest station to ME4 5BN is Chatham station, which is 1.6 kilometres away.
- Chatham|1.6 km away
- Gillingham (Kent)|1.6 km away
- Rochester|2.5 km away
- Strood (Kent)|3.8 km away