Mills Terrace - ME4 5NY
Key Postcode Insights
ME4 5NY is a residential postcode situated on Mills Terrace, Chatham, ME4 with 22 addresses.
It ranks as the 390th largest and 169th 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: 19 houses and 3 flats.
- Ave. Sale Price
- £191,351
- 10 Year change
- up 30.5%
- Ave. Rental Price
- £1,018pcm
- 10 Year change
- up 45.5%
- Ave. £ per ft²
- £204/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
ME4 5NY is a residential postcode situated on Mills Terrace, Chatham, ME4 with 22 addresses.
It ranks as the 390th largest and 169th 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: 19 houses and 3 flats.
- Ave. Sale Price
- £191,351
- 10 Year change
- up 30.5%
- Ave. Rental Price
- £1,018pcm
- 10 Year change
- up 45.5%
- Ave. £ per ft²
- £204/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Propertiesin ME4 5NY
- 26 Mills Terrace
Building  |  3 Flats
- 27 Mills Terrace
3 Bed Period House
- 28 Mills Terrace
3 Bed Period House
- 29 Mills Terrace
3 Bed House
- 30 Mills Terrace
3 Bed Period House
Sales Market Trends
The last sale in ME4 5NY sold for £160,000 on 5th December 2025. Since then prices are down an average of 0.6%.
The current average value in the postcode is £191,351.
The ME4 5NY Sales Market has increased by 30.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.5% | £191,351 |
| June 2025 | 3.1% | £192,234 |
| June 2024 | -4.3% | £186,499 |
| June 2023 | -0.1% | £194,869 |
| June 2022 | 13.5% | £195,000 |
| June 2021 | 4.2% | £171,809 |
| June 2020 | 4.1% | £164,888 |
| June 2019 | 0.5% | £158,438 |
| June 2018 | 2.2% | £157,688 |
| June 2017 | 5.3% | £154,336 |
| June 2016 | 19.6% | £146,600 |
| June 2015 | 5.6% | £122,608 |
| June 2014 | 12% | £116,147 |
| June 2013 | -2.2% | £103,731 |
| June 2012 | 1.2% | £106,107 |
| June 2011 | -3.1% | £104,833 |
| June 2010 | 6.9% | £108,240 |
| June 2009 | -15.6% | £101,287 |
| June 2008 | -2.2% | £119,937 |
| June 2007 | 0% | £122,606 |
Rental Market Trends
The current average rental value in the postcode is £1,018.
The ME4 5NY Rental Market has increased by 45.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.1% | £1,018pcm |
| June 2025 | 3.2% | £997pcm |
| June 2024 | 4.1% | £966pcm |
| June 2023 | 12.5% | £928pcm |
| June 2022 | 8.8% | £825pcm |
| June 2021 | 6.9% | £758pcm |
| June 2020 | 1.7% | £709pcm |
| June 2019 | -0.3% | £697pcm |
| June 2018 | 0.5% | £699pcm |
| June 2017 | -0.5% | £696pcm |
| June 2016 | 7.6% | £699pcm |
| June 2015 | 10.2% | £650pcm |
| June 2014 | -0.3% | £590pcm |
| June 2013 | 0.5% | £591pcm |
| June 2012 | 2.8% | £588pcm |
| June 2011 | 5.6% | £572pcm |
| June 2010 | -1.1% | £542pcm |
| June 2009 | -4% | £547pcm |
| June 2008 | 2.5% | £570pcm |
| June 2007 | 0% | £556pcm |
Sales History
The last sale was on 5th December 2025 for £160,000 and since then the market in the area has decreased by 0.6%. The postcode has had a total of 42 sales since 1995.
ME4 5NY has seen 4 sales in the last three years and 2 sales in the last twelve months.
- Sold Dec 2025£160,000 | 3 Bed House30, Mills Terrace, Chatham, ME4 5NY30, Mills Terrace, Chatham, ME4 5NY
- Sold Dec 2025£160,000 | 3 Bed House30, Mills Terrace, Chatham, ME4 5NY30, Mills Terrace, Chatham, ME4 5NY
- Sold May 2025£170,000 | 4 Bed House42, Mills Terrace, Chatham, ME4 5NY42, Mills Terrace, Chatham, ME4 5NY
- Sold Feb 2025£270,000 | 4 Bed House38, Mills Terrace, Chatham, ME4 5NY38, Mills Terrace, Chatham, ME4 5NY
- Sold Apr 2021£213,500 | 3 Bed House31, Mills Terrace, Chatham, ME4 5NY31, Mills Terrace, Chatham, ME4 5NY
Nearby Postcodes
ME4 5NY is the 390th largest and the 169th most expensive postcode out of the 697 postcodes in the ME4 area.
- ME4 5NN, Salisbury Road, Chatham, ME4ME4 5NN23 Addresses|51 m away
- ME4 5PA, Sturla Road, Chatham, ME4ME4 5PA45 Addresses|84 m away
- ME4 5NW, Salisbury Road, Chatham, ME4ME4 5NW53 Addresses|87 m away
- ME4 5PG, Otway Street, Chatham, ME4ME4 5PG45 Addresses|103 m away
- ME4 5NL, Hope Street, Chatham, ME4ME4 5NL13 Addresses|103 m away
Property Types
- 15 period houses built between 1800 and 1911
- 3 period flats built between 1800 and 1911
- 1 modern house built after 1980
- 1 house of an unknown age
- 2 other addresses of unknown type
- period house (15)
- period flat (3)
- modern house (1)
- house (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 19 properties.
- The most common rating is D.
- A (0)
- E (5)
- B (0)
- F (0)
- C (1)
- G (0)
- D (13)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Feb 2016£440,000 | 1 Bed Flat26, Mills Terrace, Chatham, ME4 5NY26, Mills Terrace, Chatham, ME4 5NY
- Sold Jun 2007£275,000 | 5 Bed House39, Mills Terrace, Chatham, ME4 5NY39, Mills Terrace, Chatham, ME4 5NY
- Sold Feb 2025£270,000 | 4 Bed House38, Mills Terrace, Chatham, ME4 5NY38, Mills Terrace, Chatham, ME4 5NY
Schools Nearby
- All Saints Church of England Primary School200 m away
- New Road Primary School200 m away
- Phoenix Primary School400 m away
- Brompton Academy800 m away
- The Victory Academy900 m away
- St John Fisher Catholic Comprehensive School1.0 km away
More reading links
Public Transport Nearby
The closest station to ME4 5NY is Chatham station, which is 800 metres away.
- Chatham|800 m away
- Gillingham (Kent)|1.7 km away
- Rochester|1.8 km away
- Strood (Kent)|3.1 km away
