Luton Road - ME4 5BU
Key Postcode Insights
ME4 5BU is a residential postcode situated on Luton Road, Chatham, ME4 with 10 addresses.
It ranks as the 182nd largest and 388th 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 10 properties: 8 houses and 2 flats.
- Ave. Sale Price
- £225,978
- 10 Year change
- up 31.5%
- Ave. Rental Price
- £1,167pcm
- 10 Year change
- up 47.0%
- Ave. £ per ft²
- £218/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Key Postcode Insights
ME4 5BU is a residential postcode situated on Luton Road, Chatham, ME4 with 10 addresses.
It ranks as the 182nd largest and 388th 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 10 properties: 8 houses and 2 flats.
- Ave. Sale Price
- £225,978
- 10 Year change
- up 31.5%
- Ave. Rental Price
- £1,167pcm
- 10 Year change
- up 47.0%
- Ave. £ per ft²
- £218/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Explore Propertiesin ME4 5BU
- 272 Luton Road
House
- 276 Luton Road
3 Bed Period House
- 278 Luton Road
4 Bed Period House
- 280 Luton Road
House
- 282 Luton Road
House
Sales Market Trends
The last sale in ME4 5BU sold for £247,500 on 8th June 2023. Since then prices are down an average of 1.6%.
The current average value in the postcode is £225,978.
The ME4 5BU Sales Market has increased by 31.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.4% | £225,978 |
| June 2025 | 3.4% | £226,934 |
| June 2024 | -4.6% | £219,447 |
| June 2023 | -0.1% | £229,958 |
| June 2022 | 14.1% | £230,106 |
| June 2021 | 4.4% | £201,630 |
| June 2020 | 3.8% | £193,143 |
| June 2019 | 0.5% | £185,998 |
| June 2018 | 2.1% | £185,088 |
| June 2017 | 5.5% | £181,210 |
| June 2016 | 20.6% | £171,790 |
| June 2015 | 6.3% | £142,440 |
| June 2014 | 12.3% | £134,031 |
| June 2013 | -1.7% | £119,398 |
| June 2012 | 1.8% | £121,524 |
| June 2011 | -3.1% | £119,330 |
| June 2010 | 7.3% | £123,164 |
| June 2009 | -15.8% | £114,797 |
| June 2008 | -2.1% | £136,413 |
| June 2007 | 0% | £139,388 |
Rental Market Trends
The current average rental value in the postcode is £1,167.
The ME4 5BU Rental Market has increased by 47.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.1% | £1,167pcm |
| June 2025 | 3.6% | £1,143pcm |
| June 2024 | 3.9% | £1,103pcm |
| June 2023 | 12.5% | £1,062pcm |
| June 2022 | 9.5% | £945pcm |
| June 2021 | 7% | £863pcm |
| June 2020 | 1.5% | £806pcm |
| June 2019 | -0.1% | £794pcm |
| June 2018 | 0.5% | £795pcm |
| June 2017 | -0.4% | £791pcm |
| June 2016 | 8.6% | £794pcm |
| June 2015 | 10.7% | £731pcm |
| June 2014 | 0.2% | £661pcm |
| June 2013 | 1% | £659pcm |
| June 2012 | 3.5% | £653pcm |
| June 2011 | 5.4% | £631pcm |
| June 2010 | -0.6% | £598pcm |
| June 2009 | -4.3% | £602pcm |
| June 2008 | 2.5% | £628pcm |
| June 2007 | 0% | £613pcm |
Sales History
The last sale was on 8th June 2023 for £247,500 and since then the market in the area has decreased by 1.6%. The postcode has had a total of 16 sales since 1995.
ME4 5BU has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jun 2023£247,500 | 3 Bed House286, Luton Road, Chatham, ME4 5BU286, Luton Road, Chatham, ME4 5BU
- Sold Feb 2019£190,000 | 4 Bed House278, Luton Road, Chatham, ME4 5BU278, Luton Road, Chatham, ME4 5BU
- Sold Feb 2018£214,000 | 3 Bed House286, Luton Road, Chatham, ME4 5BU286, Luton Road, Chatham, ME4 5BU
- Sold Oct 2017£141,000 | 4 Bed House284, Luton Road, Chatham, ME4 5BU284, Luton Road, Chatham, ME4 5BU
- Sold Aug 2017£101,000 | 4 Bed House284, Luton Road, Chatham, ME4 5BU284, Luton Road, Chatham, ME4 5BU
Nearby Postcodes
ME4 5BU is the 182nd largest and the 388th most expensive postcode out of the 697 postcodes in the ME4 area.
- ME4 5BQ, Connaught Mews, Chatham, ME4ME4 5BQ6 Addresses|33 m away
- ME4 5BL, Luton Road, Chatham, ME4ME4 5BL22 Addresses|34 m away
- ME4 5DS, Connaught Mews, Chatham, ME4ME4 5DS14 Addresses|39 m away
- ME4 5DL, Albany Road, Chatham, ME4ME4 5DL36 Addresses|71 m away
- ME4 5BJ, Luton Road, Chatham, ME4ME4 5BJ20 Addresses|74 m away
Property Types
- 4 period houses built between 1800 and 1911
- 2 period flats built between 1800 and 1911
- 1 house of an unknown age
- 3 other addresses of unknown type
- period house (4)
- period flat (2)
- house (1)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (3)
- No EPC (6)
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 School700 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 5BU is Gillingham (Kent) station, which is 1.6 kilometres away.
- Gillingham (Kent)|1.6 km away
- Chatham|1.7 km away
- Rochester|2.7 km away
- Strood (Kent)|4.0 km away
