Luton Road - ME4 5BS
Key Postcode Insights
ME4 5BS is a residential postcode situated on Luton Road, Chatham, ME4 with 31 addresses.
It ranks as the 488th largest and 56th most expensive of the 697 postcodes in the ME4 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 31 properties: 1 house, 28 flats and 2 other properties.
- Ave. Sale Price
- £163,994
- 10 Year change
- up 29.0%
- Ave. Rental Price
- £1,058pcm
- 10 Year change
- up 44.2%
- Ave. £ per ft²
- £215/ft²
- Ave. Gross Yield
- 7.7%/year/yr
Key Postcode Insights
ME4 5BS is a residential postcode situated on Luton Road, Chatham, ME4 with 31 addresses.
It ranks as the 488th largest and 56th most expensive of the 697 postcodes in the ME4 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 31 properties: 1 house, 28 flats and 2 other properties.
- Ave. Sale Price
- £163,994
- 10 Year change
- up 29.0%
- Ave. Rental Price
- £1,058pcm
- 10 Year change
- up 44.2%
- Ave. £ per ft²
- £215/ft²
- Ave. Gross Yield
- 7.7%/year/yr
Explore Properties in ME4 5BS
- 202 Luton Road
Building  |  2 Flats
- 204 Luton Road
Building  |  4 Flats
- 206 Luton Road
Building  |  2 Flats
- 208 Luton Road
Building  |  2 Flats
- 210 Luton Road
4 Bed Period House
Sales Market Trends
The last sale in ME4 5BS sold for £114,000 on 17th January 2025. Since then prices have on average remained the same.
The current average value in the postcode is £163,994.
The ME4 5BS Sales Market has increased by 29.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.4% | £163,994 |
| June 2025 | 2.8% | £164,644 |
| June 2024 | -4.1% | £160,220 |
| June 2023 | -0.3% | £167,115 |
| June 2022 | 13.4% | £167,547 |
| June 2021 | 4% | £147,723 |
| June 2020 | 4% | £142,085 |
| June 2019 | 0.2% | £136,652 |
| June 2018 | 2% | £136,313 |
| June 2017 | 5.2% | £133,664 |
| June 2016 | 19.9% | £127,104 |
| June 2015 | 5.6% | £106,011 |
| June 2014 | 12.1% | £100,388 |
| June 2013 | -2.2% | £89,564 |
| June 2012 | 0.7% | £91,611 |
| June 2011 | -3.3% | £90,936 |
| June 2010 | 6.2% | £94,017 |
| June 2009 | -15.8% | £88,554 |
| June 2008 | -2.1% | £105,226 |
| June 2007 | 0% | £107,432 |
Rental Market Trends
The current average rental value in the postcode is £1,058.
The ME4 5BS Rental Market has increased by 44.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.1% | £1,058pcm |
| June 2025 | 2.9% | £1,036pcm |
| June 2024 | 4.3% | £1,006pcm |
| June 2023 | 12.2% | £964pcm |
| June 2022 | 8.8% | £859pcm |
| June 2021 | 6.6% | £789pcm |
| June 2020 | 1.7% | £740pcm |
| June 2019 | -0.4% | £728pcm |
| June 2018 | 0.3% | £731pcm |
| June 2017 | -0.7% | £729pcm |
| June 2016 | 8% | £734pcm |
| June 2015 | 10% | £680pcm |
| June 2014 | 0.1% | £618pcm |
| June 2013 | 0.5% | £617pcm |
| June 2012 | 2.4% | £615pcm |
| June 2011 | 5.3% | £600pcm |
| June 2010 | -1.6% | £570pcm |
| June 2009 | -4.3% | £580pcm |
| June 2008 | 2.6% | £605pcm |
| June 2007 | 0% | £590pcm |
Sales History
The last recorded sale was on 17th January 2025 for £114,000 and since then the market in the area has remained stable.
ME4 5BS has had 3 sales since 1995, with 2 in the last three years and none in the last twelve months.
- Sold Jan 2025£114,000 | 2 Bed Flat242, Luton Road, Chatham, ME4 5BS242, Luton Road, Chatham, ME4 5BS
- Sold Sep 2023£163,000 | 2 Bed Flat234, Luton Road, Chatham, ME4 5BS234, Luton Road, Chatham, ME4 5BS
- Sold Oct 2021£335,000 | 4 Bed House212, Luton Road, Chatham, ME4 5BS212, Luton Road, Chatham, ME4 5BS
Nearby Postcodes
ME4 5BS is the 488th largest and the 56th most expensive postcode out of the 697 postcodes in the ME4 area.
- ME4 5BN, Luton Road, Chatham, ME4ME4 5BN33 Addresses|45 m away
- ME4 5EW, Maida Road, Chatham, ME4ME4 5EW27 Addresses|57 m away
- ME4 5HR, Grove Road, Chatham, ME4ME4 5HR4 Addresses|93 m away
- ME4 5EA, Maida Road, Chatham, ME4ME4 5EA23 Addresses|95 m away
- ME4 5EN, Maida Road, Chatham, ME4ME4 5EN12 Addresses|105 m away
Property Types
- 1 period house built between 1800 and 1911
- 13 period flats built between 1800 and 1911
- 6 modern flats built after 1980
- 9 mid-century flats built between 1936 and 1979
- 2 other addresses of unknown type
- period house (1)
- period flat (13)
- modern flat (6)
- mid-century flat (9)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 23 properties.
- The most common rating is C.
- A (0)
- E (2)
- B (0)
- F (0)
- C (12)
- G (0)
- D (9)
- No EPC (8)
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 School700 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 5BS 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