Palmerston Road - ME4 6LU
Key Postcode Insights
ME4 6LU is a residential postcode situated on Palmerston Road, Chatham, ME4 with 41 addresses.
It ranks as the 580th largest and 24th most expensive of the 697 postcodes in the ME4 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 41 properties: 6 houses and 35 flats.
- Ave. Sale Price
- £130,386
- 10 Year change
- up 24.4%
- Ave. Rental Price
- £911pcm
- 10 Year change
- up 41.7%
- Ave. £ per ft²
- £272/ft²
- Ave. Gross Yield
- 8.4%/year/yr
Key Postcode Insights
ME4 6LU is a residential postcode situated on Palmerston Road, Chatham, ME4 with 41 addresses.
It ranks as the 580th largest and 24th most expensive of the 697 postcodes in the ME4 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 41 properties: 6 houses and 35 flats.
- Ave. Sale Price
- £130,386
- 10 Year change
- up 24.4%
- Ave. Rental Price
- £911pcm
- 10 Year change
- up 41.7%
- Ave. £ per ft²
- £272/ft²
- Ave. Gross Yield
- 8.4%/year/yr
Explore Propertiesin ME4 6LU
- Thorndike House
Modern Building | 35 Units
- 157 Palmerston Road
3 Bed Mid-century House
- 159 Palmerston Road
House
- 161 Palmerston Road
House
- 163 Palmerston Road
3 Bed Mid-century House
Sales Market Trends
The last sale in ME4 6LU sold for £125,000 on 16th February 2008. Since then prices are up an average of 42.3%.
The current average value in the postcode is £130,386.
The ME4 6LU Sales Market has increased by 24.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.3% | £130,386 |
| June 2025 | 1.3% | £130,727 |
| June 2024 | -3.1% | £129,059 |
| June 2023 | -0.2% | £133,131 |
| June 2022 | 11.4% | £133,428 |
| June 2021 | 3.8% | £119,805 |
| June 2020 | 3.5% | £115,392 |
| June 2019 | -0.1% | £111,437 |
| June 2018 | 1.2% | £111,532 |
| June 2017 | 5.2% | £110,197 |
| June 2016 | 18.8% | £104,785 |
| June 2015 | 5.8% | £88,229 |
| June 2014 | 11.8% | £83,406 |
| June 2013 | -1.5% | £74,635 |
| June 2012 | -0.3% | £75,757 |
| June 2011 | -2.8% | £76,022 |
| June 2010 | 6.3% | £78,187 |
| June 2009 | -15.7% | £73,562 |
| June 2008 | -2.1% | £87,219 |
| June 2007 | 0% | £89,054 |
Rental Market Trends
The current average rental value in the postcode is £911.
The ME4 6LU Rental Market has increased by 41.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.2% | £911pcm |
| June 2025 | 2.2% | £891pcm |
| June 2024 | 5.3% | £872pcm |
| June 2023 | 12.3% | £828pcm |
| June 2022 | 7.7% | £738pcm |
| June 2021 | 5.4% | £685pcm |
| June 2020 | 1.6% | £650pcm |
| June 2019 | 0% | £639pcm |
| June 2018 | -0.2% | £640pcm |
| June 2017 | -0.3% | £641pcm |
| June 2016 | 7.2% | £643pcm |
| June 2015 | 8.8% | £599pcm |
| June 2014 | 0.9% | £551pcm |
| June 2013 | 0.5% | £546pcm |
| June 2012 | 1.6% | £543pcm |
| June 2011 | 4.5% | £535pcm |
| June 2010 | -1% | £512pcm |
| June 2009 | -4.5% | £517pcm |
| June 2008 | 3% | £541pcm |
| June 2007 | 0% | £525pcm |
Sales History
The last sale was on 16th February 2008 for £125,000 and since then the market in the area has increased by 42.3%. The postcode has had a total of 4 sales since 1995.
ME4 6LU has seen no sales in the last three years and no sales in the last twelve months.
- Sold Feb 2008£125,000 | 3 Bed House157, Palmerston Road, Chatham, ME4 6LU157, Palmerston Road, Chatham, ME4 6LU
- Sold Jul 2004£136,000 | 3 Bed House157, Palmerston Road, Chatham, ME4 6LU157, Palmerston Road, Chatham, ME4 6LU
- Sold Jul 2001£70,000 | 3 Bed House157, Palmerston Road, Chatham, ME4 6LU157, Palmerston Road, Chatham, ME4 6LU
- Sold Dec 1997£52,000 | 3 Bed House159, Palmerston Road, Chatham, ME4 6LU159, Palmerston Road, Chatham, ME4 6LU
Nearby Postcodes
ME4 6LU is the 580th largest and the 24th most expensive postcode out of the 697 postcodes in the ME4 area.
- ME4 6LW, Thorndike Close, Chatham, ME4ME4 6LW3 Addresses|34 m away
- ME4 6LP, Chatham Grove, Chatham, ME4ME4 6LP8 Addresses|61 m away
- ME4 6NR, Park Crescent, Chatham, ME4ME4 6NR35 Addresses|96 m away
- ME4 5XQ, Magpie Hall Road, Chatham, ME4ME4 5XQ44 Addresses|104 m away
- ME4 6PE, Palmerston Road, Chatham, ME4ME4 6PE6 Addresses|111 m away
Property Types
- 35 modern flats built after 1980
- 3 mid-century houses built between 1936 and 1979
- 3 other addresses of unknown type
- modern flat (35)
- mid-century house (3)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 36 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (3)
- F (0)
- C (25)
- G (0)
- D (8)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold Aug 2015£750,000 | 1 Bed Flat106G, Palmerston Road, Chatham, ME4 5SJ106G, Palmerston Road, Chatham, ME4 5SJ
- Sold Oct 2022£620,000 | 4 Bed House139A, Palmerston Road, Chatham, ME4 6LT139A, Palmerston Road, Chatham, ME4 6LT
- Sold Mar 2024£440,000 | 4 Bed House174, Palmerston Road, Chatham, ME4 6LT174, Palmerston Road, Chatham, ME4 6LT
Schools Nearby
- New Horizons Children's Academy200 m away
- Wayfield Primary School600 m away
- Greenvale Primary School800 m away
- Holcombe Grammar School400 m away
- The Victory Academy700 m away
- St John Fisher Catholic Comprehensive School1.5 km away
More reading links
Public Transport Nearby
The closest station to ME4 6LU is Chatham station, which is 1.7 kilometres away.
- Chatham|1.7 km away
- Rochester|2.5 km away
- Gillingham (Kent)|3.0 km away
- Strood (Kent)|3.9 km away