Luton High Street - ME5 7LE
Key Postcode Insights
ME5 7LE is a residential postcode situated on Luton High Street, Chatham, ME5 with 21 addresses.
It ranks as the 518th largest and 165th most expensive of the 976 postcodes in the ME5 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 21 properties: 17 houses and 4 flats.
- Ave. Sale Price
- £216,854
- 10 Year change
- up 31.3%
- Ave. Rental Price
- £1,166pcm
- 10 Year change
- up 51.3%
- Ave. £ per ft²
- £257/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Key Postcode Insights
ME5 7LE is a residential postcode situated on Luton High Street, Chatham, ME5 with 21 addresses.
It ranks as the 518th largest and 165th most expensive of the 976 postcodes in the ME5 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 21 properties: 17 houses and 4 flats.
- Ave. Sale Price
- £216,854
- 10 Year change
- up 31.3%
- Ave. Rental Price
- £1,166pcm
- 10 Year change
- up 51.3%
- Ave. £ per ft²
- £257/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Explore Propertiesin ME5 7LE
- 1 Luton High Street
3 Bed Period House
- 3 Luton High Street
3 Bed Period House
- 5 Luton High Street
3 Bed Period House
- 7 Luton High Street
3 Bed Period House
- 9 Luton High Street
4 Bed Period House
Sales Market Trends
The last sale in ME5 7LE sold for £247,000 on 25th July 2025. Since then prices are down an average of 0.4%.
The current average value in the postcode is £216,854.
The ME5 7LE Sales Market has increased by 31.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.6% | £216,854 |
| June 2025 | 2.7% | £218,249 |
| June 2024 | -3.7% | £212,495 |
| June 2023 | 0.6% | £220,546 |
| June 2022 | 12.5% | £219,149 |
| June 2021 | 4.9% | £194,814 |
| June 2020 | 3.3% | £185,788 |
| June 2019 | -0.6% | £179,834 |
| June 2018 | 2.7% | £180,922 |
| June 2017 | 6.7% | £176,152 |
| June 2016 | 19.1% | £165,145 |
| June 2015 | 7.6% | £138,605 |
| June 2014 | 11.6% | £128,780 |
| June 2013 | 0.3% | £115,410 |
| June 2012 | 0.8% | £115,033 |
| June 2011 | -2.3% | £114,077 |
| June 2010 | 7.9% | £116,789 |
| June 2009 | -15.9% | £108,274 |
| June 2008 | -1.8% | £128,736 |
| June 2007 | 0% | £131,110 |
Rental Market Trends
The current average rental value in the postcode is £1,166.
The ME5 7LE Rental Market has increased by 51.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.9% | £1,166pcm |
| June 2025 | 3.5% | £1,144pcm |
| June 2024 | 5.8% | £1,106pcm |
| June 2023 | 12.4% | £1,045pcm |
| June 2022 | 9.3% | £930pcm |
| June 2021 | 6.2% | £851pcm |
| June 2020 | 1.5% | £801pcm |
| June 2019 | 1.1% | £789pcm |
| June 2018 | 0.4% | £780pcm |
| June 2017 | 0.7% | £777pcm |
| June 2016 | 8.4% | £771pcm |
| June 2015 | 8.4% | £711pcm |
| June 2014 | 2.6% | £656pcm |
| June 2013 | 2% | £639pcm |
| June 2012 | 3.2% | £627pcm |
| June 2011 | 3.9% | £608pcm |
| June 2010 | 0.9% | £585pcm |
| June 2009 | -4% | £579pcm |
| June 2008 | 3.4% | £603pcm |
| June 2007 | 0% | £583pcm |
Sales History
The last sale was on 25th July 2025 for £247,000 and since then the market in the area has decreased by 0.4%. The postcode has had a total of 26 sales since 1995.
ME5 7LE has seen 4 sales in the last three years and 1 sale in the last twelve months.
- Sold Jul 2025£247,000 | 3 Bed House13, Luton High Street, Chatham, ME5 7LE13, Luton High Street, Chatham, ME5 7LE
- Sold Jan 2025£215,000 | 3 Bed House33, Luton High Street, Chatham, ME5 7LE33, Luton High Street, Chatham, ME5 7LE
- Sold Sep 2023£195,000 | 3 Bed House27, Luton High Street, Chatham, ME5 7LE27, Luton High Street, Chatham, ME5 7LE
- Sold Jan 2023£275,000 | 3 Bed House5, Luton High Street, Chatham, ME5 7LE5, Luton High Street, Chatham, ME5 7LE
- Sold Jul 2022£262,000 | 3 Bed House7, Luton High Street, Chatham, ME5 7LE7, Luton High Street, Chatham, ME5 7LE
Nearby Postcodes
ME5 7LE is the 518th largest and the 165th most expensive postcode out of the 976 postcodes in the ME5 area.
- ME5 7LG, Luton High Street, Chatham, ME5ME5 7LG15 Addresses|39 m away
- ME5 7JU, Beacon Hill, Chatham, ME5ME5 7JU4 Addresses|60 m away
- ME5 7JW, Beacon Hill, Chatham, ME5ME5 7JW23 Addresses|62 m away
- ME5 7LB, Chickfield Gardens, Chatham, ME5ME5 7LB15 Addresses|65 m away
- ME5 7LN, Luton High Street, Chatham, ME5ME5 7LN13 Addresses|68 m away
Property Types
- 11 period houses built between 1800 and 1911
- 2 period flats built between 1800 and 1911
- 2 modern flats built after 1980
- 6 other addresses of unknown type
- period house (11)
- period flat (2)
- modern flat (2)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 13 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (3)
- G (0)
- D (9)
- No EPC (8)
Top 3 Most Expensive Sales
- Sold Jan 2022£285,000 | 4 Bed House9, Luton High Street, Chatham, ME5 7LE9, Luton High Street, Chatham, ME5 7LE
- Sold Jan 2023£275,000 | 3 Bed House5, Luton High Street, Chatham, ME5 7LE5, Luton High Street, Chatham, ME5 7LE
- Sold Jul 2022£262,000 | 3 Bed House7, Luton High Street, Chatham, ME5 7LE7, Luton High Street, Chatham, ME5 7LE
Schools Nearby
- Luton Primary School300 m away
- Byron Primary School800 m away
- All Saints Church of England Primary School1.2 km away
- Chatham Grammar400 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 7LE is Gillingham (Kent) station, which is 1.9 kilometres away.
- Gillingham (Kent)|1.9 km away
- Chatham|2.2 km away
- Rochester|3.1 km away
- Strood (Kent)|4.4 km away
