Mills Terrace - ME4 5NZ
Key Postcode Insights
ME4 5NZ is a residential postcode situated on Mills Terrace, Chatham, ME4 with 26 addresses.
It ranks as the 440th largest and 178th 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 26 properties: 24 houses and 2 flats.
- Ave. Sale Price
- £192,852
- 10 Year change
- up 32.9%
- Ave. Rental Price
- £1,049pcm
- 10 Year change
- up 48.1%
- Ave. £ per ft²
- £237/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Key Postcode Insights
ME4 5NZ is a residential postcode situated on Mills Terrace, Chatham, ME4 with 26 addresses.
It ranks as the 440th largest and 178th 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 26 properties: 24 houses and 2 flats.
- Ave. Sale Price
- £192,852
- 10 Year change
- up 32.9%
- Ave. Rental Price
- £1,049pcm
- 10 Year change
- up 48.1%
- Ave. £ per ft²
- £237/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Explore Propertiesin ME4 5NZ
- 1 Mills Terrace
4 Bed House
- 2 Mills Terrace
House
- 3 Mills Terrace
3 Bed Period House
- 4 Mills Terrace
3 Bed Period House
- 5 Mills Terrace
3 Bed Period House
Sales Market Trends
The last sale in ME4 5NZ sold for £206,500 on 21st August 2025. Since then prices are down an average of 0.3%.
The current average value in the postcode is £192,852.
The ME4 5NZ Sales Market has increased by 32.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.5% | £192,852 |
| June 2025 | 3.7% | £193,917 |
| June 2024 | -4.6% | £187,056 |
| June 2023 | 0.1% | £196,019 |
| June 2022 | 14.3% | £195,833 |
| June 2021 | 4.6% | £171,308 |
| June 2020 | 3.9% | £163,822 |
| June 2019 | 0.6% | £157,618 |
| June 2018 | 2.3% | £156,742 |
| June 2017 | 5.5% | £153,213 |
| June 2016 | 20.6% | £145,158 |
| June 2015 | 6% | £120,394 |
| June 2014 | 12.3% | £113,610 |
| June 2013 | -1.9% | £101,133 |
| June 2012 | 2% | £103,070 |
| June 2011 | -3.2% | £101,092 |
| June 2010 | 7.2% | £104,428 |
| June 2009 | -15.9% | £97,374 |
| June 2008 | -2.2% | £115,715 |
| June 2007 | 0% | £118,320 |
Rental Market Trends
The current average rental value in the postcode is £1,049.
The ME4 5NZ Rental Market has increased by 48.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2% | £1,049pcm |
| June 2025 | 3.8% | £1,029pcm |
| June 2024 | 3.8% | £991pcm |
| June 2023 | 12.7% | £955pcm |
| June 2022 | 9.5% | £847pcm |
| June 2021 | 7.3% | £774pcm |
| June 2020 | 1.6% | £721pcm |
| June 2019 | -0.2% | £709pcm |
| June 2018 | 0.7% | £711pcm |
| June 2017 | -0.3% | £707pcm |
| June 2016 | 8.5% | £709pcm |
| June 2015 | 10.7% | £653pcm |
| June 2014 | 0.1% | £590pcm |
| June 2013 | 0.9% | £590pcm |
| June 2012 | 3.6% | £585pcm |
| June 2011 | 5.6% | £564pcm |
| June 2010 | -0.7% | £535pcm |
| June 2009 | -4.3% | £538pcm |
| June 2008 | 2.4% | £563pcm |
| June 2007 | 0% | £549pcm |
Sales History
The last sale was on 21st August 2025 for £206,500 and since then the market in the area has decreased by 0.3%. The postcode has had a total of 40 sales since 1995.
ME4 5NZ has seen 6 sales in the last three years and 1 sale in the last twelve months.
- Sold Aug 2025£206,500 | 3 Bed House8, Mills Terrace, Chatham, ME4 5NZ8, Mills Terrace, Chatham, ME4 5NZ
- Sold Jan 2025£163,000 | 3 Bed House18, Mills Terrace, Chatham, ME4 5NZ18, Mills Terrace, Chatham, ME4 5NZ
- Sold Sep 2024£180,000 | 3 Bed House3, Mills Terrace, Chatham, ME4 5NZ3, Mills Terrace, Chatham, ME4 5NZ
- Sold May 2024£205,000 | 3 Bed House24, Mills Terrace, Chatham, ME4 5NZ24, Mills Terrace, Chatham, ME4 5NZ
- Sold Jan 2024£154,000 | 3 Bed House8, Mills Terrace, Chatham, ME4 5NZ8, Mills Terrace, Chatham, ME4 5NZ
Nearby Postcodes
ME4 5NZ is the 440th largest and the 178th most expensive postcode out of the 697 postcodes in the ME4 area.
- ME4 5NL, Hope Street, Chatham, ME4ME4 5NL13 Addresses|43 m away
- ME4 5NW, Salisbury Road, Chatham, ME4ME4 5NW53 Addresses|64 m away
- ME4 5NJ, East Street, Chatham, ME4ME4 5NJ56 Addresses|72 m away
- ME4 5PA, Sturla Road, Chatham, ME4ME4 5PA45 Addresses|91 m away
- ME4 5LD, Newnham Street, Chatham, ME4ME4 5LD48 Addresses|101 m away
Property Types
- 17 period houses built between 1800 and 1911
- 2 period flats built between 1800 and 1911
- 1 house of an unknown age
- 6 other addresses of unknown type
- period house (17)
- period flat (2)
- house (1)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 18 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (2)
- C (5)
- G (0)
- D (10)
- No EPC (8)
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 School100 m away
- New Road Primary School300 m away
- Phoenix Primary School500 m away
- Brompton Academy800 m away
- The Victory Academy800 m away
- Chatham Grammar1.1 km away
More reading links
Public Transport Nearby
The closest station to ME4 5NZ is Chatham station, which is 1.0 kilometres away.
- Chatham|1.0 km away
- Gillingham (Kent)|1.6 km away
- Rochester|1.9 km away
- Strood (Kent)|3.2 km away
