Nelson Terrace - ME5 7LA
Key Postcode Insights
ME5 7LA is a residential postcode situated on Nelson Terrace, Chatham, ME5 with 30 addresses.
It ranks as the 689th largest and 61st most expensive of the 976 postcodes in the ME5 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 30 properties: 15 houses and 15 flats.
- Ave. Sale Price
- £172,989
- 10 Year change
- up 29.7%
- Ave. Rental Price
- £993pcm
- 10 Year change
- up 49.4%
- Ave. £ per ft²
- £343/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Key Postcode Insights
ME5 7LA is a residential postcode situated on Nelson Terrace, Chatham, ME5 with 30 addresses.
It ranks as the 689th largest and 61st most expensive of the 976 postcodes in the ME5 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 30 properties: 15 houses and 15 flats.
- Ave. Sale Price
- £172,989
- 10 Year change
- up 29.7%
- Ave. Rental Price
- £993pcm
- 10 Year change
- up 49.4%
- Ave. £ per ft²
- £343/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Explore Propertiesin ME5 7LA
- Dorsett Lodge
Building  |  3 Flats
- 1 Nelson Terrace
3 Bed Mid-century House
- 3 Nelson Terrace
2 Bed Mid-century House
- 5 Nelson Terrace
3 Bed Mid-century House
- 7 Nelson Terrace
3 Bed Mid-century House
Sales Market Trends
The last sale in ME5 7LA sold for £115,000 on 25th November 2022. Since then prices are down an average of 3.4%.
The current average value in the postcode is £172,989.
The ME5 7LA Sales Market has increased by 29.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.7% | £172,989 |
| June 2025 | 2.4% | £174,270 |
| June 2024 | -3.5% | £170,172 |
| June 2023 | 0.3% | £176,296 |
| June 2022 | 12.5% | £175,689 |
| June 2021 | 4.7% | £156,133 |
| June 2020 | 3.2% | £149,183 |
| June 2019 | -0.9% | £144,513 |
| June 2018 | 2.7% | £145,788 |
| June 2017 | 6.5% | £141,995 |
| June 2016 | 19.3% | £133,339 |
| June 2015 | 7.2% | £111,807 |
| June 2014 | 11.9% | £104,251 |
| June 2013 | 0.1% | £93,203 |
| June 2012 | 0.1% | £93,090 |
| June 2011 | -2.7% | £92,989 |
| June 2010 | 6.9% | £95,591 |
| June 2009 | -16.1% | £89,429 |
| June 2008 | -1.8% | £106,580 |
| June 2007 | 0% | £108,550 |
Rental Market Trends
The current average rental value in the postcode is £993.
The ME5 7LA Rental Market has increased by 49.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.8% | £993pcm |
| June 2025 | 3.2% | £975pcm |
| June 2024 | 6% | £945pcm |
| June 2023 | 12.1% | £892pcm |
| June 2022 | 9.3% | £796pcm |
| June 2021 | 6% | £728pcm |
| June 2020 | 1.5% | £686pcm |
| June 2019 | 0.8% | £677pcm |
| June 2018 | 0.4% | £671pcm |
| June 2017 | 0.6% | £668pcm |
| June 2016 | 8.5% | £665pcm |
| June 2015 | 8% | £613pcm |
| June 2014 | 2.9% | £567pcm |
| June 2013 | 1.8% | £551pcm |
| June 2012 | 2.4% | £542pcm |
| June 2011 | 3.5% | £529pcm |
| June 2010 | 0% | £511pcm |
| June 2009 | -4.2% | £511pcm |
| June 2008 | 3.4% | £533pcm |
| June 2007 | 0% | £516pcm |
Sales History
The last sale was on 25th November 2022 for £115,000 and since then the market in the area has decreased by 3.4%. The postcode has had a total of 9 sales since 1995.
ME5 7LA has seen no sales in the last three years and no sales in the last twelve months.
- Sold Nov 2022£115,000 | 2 Bed Flat33, Nelson Terrace, Chatham, ME5 7LA33, Nelson Terrace, Chatham, ME5 7LA
- Sold Sep 2022£210,000 | 3 Bed House7, Nelson Terrace, Chatham, ME5 7LA7, Nelson Terrace, Chatham, ME5 7LA
- Sold Dec 2019£175,000 | 3 Bed House7, Nelson Terrace, Chatham, ME5 7LA7, Nelson Terrace, Chatham, ME5 7LA
- Sold Mar 2014£87,500 | 2 Bed Flat23, Nelson Terrace, Chatham, ME5 7LA23, Nelson Terrace, Chatham, ME5 7LA
- Sold Feb 2010£65,000 | 2 Bed Flat33, Nelson Terrace, Chatham, ME5 7LA33, Nelson Terrace, Chatham, ME5 7LA
Nearby Postcodes
ME5 7LA is the 689th largest and the 61st most expensive postcode out of the 976 postcodes in the ME5 area.
- ME5 7JY, Kings Road, Chatham, ME5ME5 7JY57 Addresses|42 m away
- ME5 7JL, Nelson Terrace, Chatham, ME5ME5 7JL10 Addresses|45 m away
- ME5 7JU, Beacon Hill, Chatham, ME5ME5 7JU4 Addresses|81 m away
- ME5 7LP, Luton High Street, Chatham, ME5ME5 7LP8 Addresses|95 m away
- ME5 7TY, Edward Court, Chatham, ME5ME5 7TY41 Addresses|107 m away
Property Types
- 7 modern houses built after 1980
- 3 modern flats built after 1980
- 5 mid-century houses built between 1936 and 1979
- 12 mid-century flats built between 1936 and 1979
- 3 other addresses of unknown type
- modern house (7)
- modern flat (3)
- mid-century house (5)
- mid-century flat (12)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 27 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (21)
- G (0)
- D (6)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Sep 2022£210,000 | 3 Bed House7, Nelson Terrace, Chatham, ME5 7LA7, Nelson Terrace, Chatham, ME5 7LA
- Sold Dec 2019£175,000 | 3 Bed House7, Nelson Terrace, Chatham, ME5 7LA7, Nelson Terrace, Chatham, ME5 7LA
- Sold Nov 2022£115,000 | 2 Bed Flat33, Nelson Terrace, Chatham, ME5 7LA33, Nelson Terrace, Chatham, ME5 7LA
Schools Nearby
- Luton Primary School500 m away
- Byron Primary School900 m away
- Kingfisher Community Primary School1.2 km away
- Chatham Grammar500 m away
- The Victory Academy1.1 km away
- The Robert Napier School1.3 km away
More reading links
Public Transport Nearby
The closest station to ME5 7LA is Gillingham (Kent) station, which is 2.0 kilometres away.
- Gillingham (Kent)|2.0 km away
- Chatham|2.3 km away
- Rochester|3.2 km away
- Rainham (Kent)|4.4 km away
