ME5 0UL is a residential postcode situated on Gorse Avenue, Chatham, ME5 with 12 addresses.
It ranks as the 269th largest and 40th most expensive of the 976 postcodes in the ME5 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 12 properties: 12 flats.
ME5 0UL is a residential postcode situated on Gorse Avenue, Chatham, ME5 with 12 addresses.
It ranks as the 269th largest and 40th most expensive of the 976 postcodes in the ME5 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 12 properties: 12 flats.
Sale prices range from £156,685 for 2 bedroom leasehold flats (548 ft2) to £156,685 for 2 bedroom leasehold flats (548 ft2) .
Monthly rental prices range from £771 pcm for 2 bed flats to £771 pcm for 2 bed flats.
The gross rental yield is between 5.9% and 5.9%.
The average value per square foot is £303.
The last sale in ME5 0UL sold for £72,000 on 31st October 2003. Since then prices are down an average of 0.0%.
The current average value in the postcode is £156,685.
The ME5 0UL Sales Market has increased by 23.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.1% | £156,685 |
| April 2025 | -0.2% | £158,410 |
| April 2024 | -1.7% | £158,695 |
| April 2023 | 1.1% | £161,518 |
| April 2022 | 8.3% | £159,766 |
| April 2021 | 5.5% | £147,541 |
| April 2020 | 2.5% | £139,872 |
| April 2019 | -2.2% | £136,512 |
| April 2018 | 1.3% | £139,645 |
| April 2017 | 8.3% | £137,813 |
| April 2016 | 16.7% | £127,280 |
| April 2015 | 5.1% | £109,103 |
| April 2014 | 11.8% | £103,806 |
| April 2013 | 1.2% | £92,809 |
| April 2012 | -4.3% | £91,684 |
| April 2011 | -2.2% | £95,808 |
| April 2010 | 3.8% | £97,969 |
| April 2009 | -14% | £94,380 |
| April 2008 | 0.2% | £109,736 |
| April 2007 | 0% | £109,499 |
The current average rental value in the postcode is £771.
The ME5 0UL Rental Market has increased by 46.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.1% | £771pcm |
| April 2025 | 3.3% | £755pcm |
| April 2024 | 11.8% | £731pcm |
| April 2023 | 6.2% | £654pcm |
| April 2022 | 6.6% | £615pcm |
| April 2021 | 4.1% | £577pcm |
| April 2020 | 3.1% | £555pcm |
| April 2019 | 1.6% | £538pcm |
| April 2018 | -1.5% | £530pcm |
| April 2017 | 2.4% | £538pcm |
| April 2016 | 5.4% | £525pcm |
| April 2015 | 4.5% | £499pcm |
| April 2014 | 3.7% | £477pcm |
| April 2013 | 1.2% | £460pcm |
| April 2012 | -0.5% | £455pcm |
| April 2011 | 2.9% | £457pcm |
| April 2010 | -2.4% | £444pcm |
| April 2009 | -0.9% | £455pcm |
| April 2008 | 4.8% | £459pcm |
| April 2007 | 0% | £438pcm |
The last sale was on 31st October 2003 for £72,000 and since then the market in the area has remained stable. The postcode has had a total of 3 sales since 1995.
ME5 0UL has seen no sales in the last three years and no sales in the last twelve months.
ME5 0UL is the 269th largest and the 40th most expensive postcode out of the 976 postcodes in the ME5 area.
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The closest station to ME5 0UL is Chatham station which is 3.6 kilometres away.
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