Luton Road - ME4 5BW
Key Postcode Insights
ME4 5BW is a residential postcode situated on Luton Road, Chatham, ME4 with 17 addresses.
It ranks as the 313th largest and 175th 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 17 properties: 12 houses and 5 flats.
- Ave. Sale Price
- £178,353
- 10 Year change
- up 29.0%
- Ave. Rental Price
- £1,047pcm
- 10 Year change
- up 44.0%
- Ave. £ per ft²
- £250/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Key Postcode Insights
ME4 5BW is a residential postcode situated on Luton Road, Chatham, ME4 with 17 addresses.
It ranks as the 313th largest and 175th 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 17 properties: 12 houses and 5 flats.
- Ave. Sale Price
- £178,353
- 10 Year change
- up 29.0%
- Ave. Rental Price
- £1,047pcm
- 10 Year change
- up 44.0%
- Ave. £ per ft²
- £250/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Explore Propertiesin ME4 5BW
- 195 Luton Road
2 Bed Modern Flat
- 197 Luton Road
2 Bed Flat
- 199 Luton Road
2 Bed Modern Flat
- 201 Luton Road
2 Bed Modern Flat
- 203 Luton Road
2 Bed Modern Flat
Sales Market Trends
The last sale in ME4 5BW sold for £227,000 on 8th July 2022. Since then prices are up an average of 12.5%.
The current average value in the postcode is £178,353.
The ME4 5BW Sales Market has increased by 29.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.6% | £178,353 |
| June 2025 | 2.8% | £179,403 |
| June 2024 | -4.1% | £174,599 |
| June 2023 | -0.3% | £182,001 |
| June 2022 | 13.7% | £182,585 |
| June 2021 | 4% | £160,612 |
| June 2020 | 3.9% | £154,404 |
| June 2019 | 0.1% | £148,581 |
| June 2018 | 2.1% | £148,431 |
| June 2017 | 5.1% | £145,336 |
| June 2016 | 20.1% | £138,249 |
| June 2015 | 5.3% | £115,130 |
| June 2014 | 12.4% | £109,327 |
| June 2013 | -2.4% | £97,246 |
| June 2012 | 0.5% | £99,607 |
| June 2011 | -3.6% | £99,080 |
| June 2010 | 5.7% | £102,729 |
| June 2009 | -16.1% | £97,170 |
| June 2008 | -2.2% | £115,862 |
| June 2007 | 0% | £118,444 |
Rental Market Trends
The current average rental value in the postcode is £1,047.
The ME4 5BW Rental Market has increased by 44.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.9% | £1,047pcm |
| June 2025 | 2.9% | £1,027pcm |
| June 2024 | 4.4% | £998pcm |
| June 2023 | 12.2% | £956pcm |
| June 2022 | 9% | £852pcm |
| June 2021 | 6.7% | £782pcm |
| June 2020 | 1.6% | £733pcm |
| June 2019 | -0.6% | £721pcm |
| June 2018 | 0.5% | £725pcm |
| June 2017 | -0.7% | £722pcm |
| June 2016 | 8.1% | £727pcm |
| June 2015 | 9.8% | £673pcm |
| June 2014 | 0.3% | £613pcm |
| June 2013 | 0.4% | £611pcm |
| June 2012 | 2.2% | £609pcm |
| June 2011 | 5.1% | £596pcm |
| June 2010 | -2.1% | £567pcm |
| June 2009 | -4.6% | £579pcm |
| June 2008 | 2.5% | £607pcm |
| June 2007 | 0% | £593pcm |
Sales History
The last sale was on 8th July 2022 for £227,000 and since then the market in the area has increased by 12.5%. The postcode has had a total of 24 sales since 1995.
ME4 5BW has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jul 2022£227,000 | 3 Bed House225, Luton Road, Chatham, ME4 5BW225, Luton Road, Chatham, ME4 5BW
- Sold Jun 2021£185,000 | 3 Bed House225, Luton Road, Chatham, ME4 5BW225, Luton Road, Chatham, ME4 5BW
- Sold Apr 2021£185,000 | 3 Bed House215, Luton Road, Chatham, ME4 5BW215, Luton Road, Chatham, ME4 5BW
- Sold Mar 2020£166,500 | 3 Bed House223, Luton Road, Chatham, ME4 5BW223, Luton Road, Chatham, ME4 5BW
- Sold Dec 2018£99,500 | 2 Bed Flat197, Luton Road, Chatham, ME4 5BW197, Luton Road, Chatham, ME4 5BW
Nearby Postcodes
ME4 5BW is the 313th largest and the 175th most expensive postcode out of the 697 postcodes in the ME4 area.
- ME4 5LW, Ocelot Court, Chatham, ME4ME4 5LW7 Addresses|29 m away
- ME4 5BP, Luton Road, Chatham, ME4ME4 5BP38 Addresses|42 m away
- ME4 5HR, Grove Road, Chatham, ME4ME4 5HR4 Addresses|60 m away
- ME4 5HP, Reform Road, Chatham, ME4ME4 5HP10 Addresses|73 m away
- ME4 5HJ, Leonard Road, Chatham, ME4ME4 5HJ5 Addresses|75 m away
Property Types
- 9 period houses built between 1800 and 1911
- 4 modern flats built after 1980
- 1 flat of an unknown age
- 3 other addresses of unknown type
- period house (9)
- modern flat (4)
- flat (1)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 13 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (5)
- G (0)
- D (7)
- 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 School400 m away
- All Saints Church of England Primary School500 m away
- Byron Primary School700 m away
- Chatham Grammar600 m away
- The Victory Academy800 m away
- Brompton Academy900 m away
More reading links
Public Transport Nearby
The closest station to ME4 5BW is Chatham station, which is 1.5 kilometres away.
- Chatham|1.5 km away
- Gillingham (Kent)|1.5 km away
- Rochester|2.4 km away
- Strood (Kent)|3.7 km away
