ME5 0JW is a residential postcode situated on Tobruk Way, Chatham, ME5 with 33 addresses.
It ranks as the 743rd largest and 480th most expensive of the 976 postcodes in the ME5 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 33 properties: 29 houses and 4 flats.
ME5 0JW is a residential postcode situated on Tobruk Way, Chatham, ME5 with 33 addresses.
It ranks as the 743rd largest and 480th most expensive of the 976 postcodes in the ME5 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 33 properties: 29 houses and 4 flats.
Sale prices range from £118,177 for 1 bedroom Leasehold flats (387 ft2) to £365,794 for 4 bedroom freehold houses with a garden (1,334 ft2) .
Monthly rental prices range from £713 pcm for 1 bed flats to £1,569 pcm for 4 bed houses.
The gross rental yield is between 5.1% and 7.2%.
The average value per square foot is £320.
The last sale in ME5 0JW sold for £332,500 on 29th November 2024. Since then prices are down an average of 0.5%.
The current average value in the postcode is £284,958.
The ME5 0JW Sales Market has increased by 29.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.9% | £284,958 |
| April 2025 | 1.2% | £287,477 |
| April 2024 | -2.9% | £284,043 |
| April 2023 | 2.5% | £292,546 |
| April 2022 | 9.7% | £285,465 |
| April 2021 | 6.1% | £260,213 |
| April 2020 | 2.5% | £245,346 |
| April 2019 | -1.5% | £239,374 |
| April 2018 | 1.7% | £242,929 |
| April 2017 | 8.8% | £238,924 |
| April 2016 | 17.7% | £219,516 |
| April 2015 | 6.7% | £186,495 |
| April 2014 | 11.6% | £174,840 |
| April 2013 | 2.8% | £156,634 |
| April 2012 | -2.5% | £152,386 |
| April 2011 | -1.7% | £156,283 |
| April 2010 | 5.8% | £159,018 |
| April 2009 | -14.7% | £150,304 |
| April 2008 | 0.8% | £176,236 |
| April 2007 | 0% | £174,814 |
The current average rental value in the postcode is £1,325.
The ME5 0JW Rental Market has increased by 53.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.3% | £1,325pcm |
| April 2025 | 4.2% | £1,296pcm |
| April 2024 | 10.1% | £1,243pcm |
| April 2023 | 8.6% | £1,129pcm |
| April 2022 | 7.5% | £1,040pcm |
| April 2021 | 5.1% | £967pcm |
| April 2020 | 2.5% | £921pcm |
| April 2019 | 1.7% | £898pcm |
| April 2018 | -0.7% | £883pcm |
| April 2017 | 3% | £889pcm |
| April 2016 | 6.4% | £863pcm |
| April 2015 | 6.1% | £811pcm |
| April 2014 | 3.6% | £765pcm |
| April 2013 | 3.6% | £739pcm |
| April 2012 | 1% | £713pcm |
| April 2011 | 3% | £706pcm |
| April 2010 | -0.7% | £685pcm |
| April 2009 | -1.3% | £690pcm |
| April 2008 | 4.8% | £699pcm |
| April 2007 | 0% | £667pcm |
The last sale was on 29th November 2024 for £332,500 and since then the market in the area has decreased by 0.5%. The postcode has had a total of 25 sales since 1995.
ME5 0JW has seen 3 sales in the last three years and no sales in the last twelve months.
ME5 0JW is the 743rd largest and the 480th most expensive postcode out of the 976 postcodes in the ME5 area.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around ME5 0JW, 35.5% of property is privately owned outright and 30.6% is socially rented.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around ME5 0JW, 15.5% of residents are recorded as possessing school level qualifications and 20.0% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around ME5 0JW, the average age was 39.7 and the most common age was 12.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around ME5 0JW, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around ME5 0JW, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.