Otway Street - ME4 5PL
Key Postcode Insights
ME4 5PL is a residential postcode situated on Otway Street, Chatham, ME4 with 34 addresses.
It ranks as the 520th largest and 295th 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 34 properties: 31 houses and 3 flats.
- Ave. Sale Price
- £213,918
- 10 Year change
- up 33.4%
- Ave. Rental Price
- £1,157pcm
- 10 Year change
- up 48.8%
- Ave. £ per ft²
- £261/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Key Postcode Insights
ME4 5PL is a residential postcode situated on Otway Street, Chatham, ME4 with 34 addresses.
It ranks as the 520th largest and 295th 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 34 properties: 31 houses and 3 flats.
- Ave. Sale Price
- £213,918
- 10 Year change
- up 33.4%
- Ave. Rental Price
- £1,157pcm
- 10 Year change
- up 48.8%
- Ave. £ per ft²
- £261/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Explore Propertiesin ME4 5PL
- 34 Otway Street
3 Bed Period House
- 36 Otway Street
2 Bed Period House
- 38 Otway Street
3 Bed Period House
- 40 Otway Street
3 Bed Period House
- 42 Otway Street
Unknown
Sales Market Trends
The last sale in ME4 5PL sold for £191,000 on 13th January 2026. Since then prices are down an average of 3.5%.
The current average value in the postcode is £213,918.
The ME4 5PL Sales Market has increased by 33.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.6% | £213,918 |
| June 2025 | 3.8% | £215,118 |
| June 2024 | -4.7% | £207,228 |
| June 2023 | 0.1% | £217,449 |
| June 2022 | 14.4% | £217,144 |
| June 2021 | 4.7% | £189,747 |
| June 2020 | 3.9% | £181,259 |
| June 2019 | 0.6% | £174,451 |
| June 2018 | 2.4% | £173,352 |
| June 2017 | 5.6% | £169,342 |
| June 2016 | 20.6% | £160,312 |
| June 2015 | 6.2% | £132,908 |
| June 2014 | 12.3% | £125,194 |
| June 2013 | -1.7% | £111,445 |
| June 2012 | 2.3% | £113,428 |
| June 2011 | -3.1% | £110,907 |
| June 2010 | 7.7% | £114,471 |
| June 2009 | -15.8% | £106,295 |
| June 2008 | -2.3% | £126,211 |
| June 2007 | 0% | £129,121 |
Rental Market Trends
The current average rental value in the postcode is £1,157.
The ME4 5PL Rental Market has increased by 48.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2% | £1,157pcm |
| June 2025 | 4% | £1,135pcm |
| June 2024 | 3.6% | £1,091pcm |
| June 2023 | 12.8% | £1,053pcm |
| June 2022 | 9.7% | £934pcm |
| June 2021 | 7.4% | £851pcm |
| June 2020 | 1.6% | £793pcm |
| June 2019 | -0.2% | £780pcm |
| June 2018 | 0.7% | £782pcm |
| June 2017 | -0.2% | £776pcm |
| June 2016 | 8.5% | £778pcm |
| June 2015 | 10.9% | £716pcm |
| June 2014 | 0.1% | £646pcm |
| June 2013 | 1% | £646pcm |
| June 2012 | 3.9% | £639pcm |
| June 2011 | 5.6% | £615pcm |
| June 2010 | -0.3% | £582pcm |
| June 2009 | -4.3% | £584pcm |
| June 2008 | 2.4% | £610pcm |
| June 2007 | 0% | £596pcm |
Sales History
The last sale was on 13th January 2026 for £191,000 and since then the market in the area has decreased by 3.5%. The postcode has had a total of 68 sales since 1995.
ME4 5PL has seen 6 sales in the last three years and 1 sale in the last twelve months.
- Sold Jan 2026£191,000 | 3 Bed House65, Otway Street, Chatham, ME4 5PL65, Otway Street, Chatham, ME4 5PL
- Sold Apr 2025£234,000 | 3 Bed House48, Otway Street, Chatham, ME4 5PL48, Otway Street, Chatham, ME4 5PL
- Sold Mar 2025£230,000 | 3 Bed House51, Otway Street, Chatham, ME4 5PL51, Otway Street, Chatham, ME4 5PL
- Sold Jun 2024£255,000 | 4 Bed House62, Otway Street, Chatham, ME4 5PL62, Otway Street, Chatham, ME4 5PL
- Sold Aug 2023£215,000 | 3 Bed House52, Otway Street, Chatham, ME4 5PL52, Otway Street, Chatham, ME4 5PL
Nearby Postcodes
ME4 5PL is the 520th largest and the 295th most expensive postcode out of the 697 postcodes in the ME4 area.
- ME4 5PE, Brisbane Road, Chatham, ME4ME4 5PE22 Addresses|49 m away
- ME4 5PP, Sydney Road, Chatham, ME4ME4 5PP29 Addresses|56 m away
- ME4 5EG, Hilda Road, Chatham, ME4ME4 5EG12 Addresses|74 m away
- ME4 5PD, Melbourne Road, Chatham, ME4ME4 5PD36 Addresses|77 m away
- ME4 5PN, Herbert Road, Chatham, ME4ME4 5PN47 Addresses|84 m away
Property Types
- 22 period houses built between 1800 and 1911
- 3 period flats built between 1800 and 1911
- 1 mid-century house built between 1936 and 1979
- 2 houses of an unknown age
- 6 other addresses of unknown type
- period house (22)
- period flat (3)
- mid-century house (1)
- house (2)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 23 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (4)
- G (0)
- D (18)
- No EPC (11)
Top 3 Most Expensive Sales
- Sold Mar 2024£258,000 | 3 Bed House2B, Otway Street, Chatham, ME4 5PG2B, Otway Street, Chatham, ME4 5PG
- Sold Jun 2024£255,000 | 4 Bed House62, Otway Street, Chatham, ME4 5PL62, Otway Street, Chatham, ME4 5PL
- Sold May 2022£253,000 | 3 Bed House67, Otway Street, Chatham, ME4 5PL67, Otway Street, Chatham, ME4 5PL
Schools Nearby
- Phoenix Primary School300 m away
- New Road Primary School300 m away
- All Saints Church of England Primary School300 m away
- The Victory Academy800 m away
- St John Fisher Catholic Comprehensive School900 m away
- Brompton Academy1.0 km away
More reading links
Public Transport Nearby
The closest station to ME4 5PL is Chatham station, which is 800 metres away.
- Chatham|800 m away
- Rochester|1.7 km away
- Gillingham (Kent)|1.9 km away
- Strood (Kent)|3.1 km away
