Luton High Street - ME5 7LN
Key Postcode Insights
ME5 7LN is a residential postcode situated on Luton High Street, Chatham, ME5 with 13 addresses.
It ranks as the 307th largest and 93rd 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 13 properties: 13 houses.
- Ave. Sale Price
- £203,220
- 10 Year change
- up 35.7%
- Ave. Rental Price
- £1,073pcm
- 10 Year change
- up 56.3%
- Ave. £ per ft²
- £203/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Key Postcode Insights
ME5 7LN is a residential postcode situated on Luton High Street, Chatham, ME5 with 13 addresses.
It ranks as the 307th largest and 93rd 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 13 properties: 13 houses.
- Ave. Sale Price
- £203,220
- 10 Year change
- up 35.7%
- Ave. Rental Price
- £1,073pcm
- 10 Year change
- up 56.3%
- Ave. £ per ft²
- £203/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Explore Propertiesin ME5 7LN
- 2 Luton High Street
4 Bed House
- 4 Luton High Street
House
- 6 Luton High Street
3 Bed Period House
- 8 Luton High Street
3 Bed Period House
- 10 Luton High Street
3 Bed Period House
Sales Market Trends
The last sale in ME5 7LN sold for £185,000 on 15th December 2023. Since then prices are up an average of 1.6%.
The current average value in the postcode is £203,220.
The ME5 7LN Sales Market has increased by 35.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.6% | £203,220 |
| June 2025 | 3.6% | £204,537 |
| June 2024 | -4.1% | £197,469 |
| June 2023 | 1% | £205,918 |
| June 2022 | 13.6% | £203,855 |
| June 2021 | 5.6% | £179,498 |
| June 2020 | 3.4% | £169,987 |
| June 2019 | -0.6% | £164,405 |
| June 2018 | 3.1% | £165,409 |
| June 2017 | 7.2% | £160,478 |
| June 2016 | 20% | £149,758 |
| June 2015 | 8.5% | £124,837 |
| June 2014 | 11.9% | £115,100 |
| June 2013 | 1% | £102,815 |
| June 2012 | 1.7% | £101,794 |
| June 2011 | -2.3% | £100,130 |
| June 2010 | 9% | £102,436 |
| June 2009 | -15.7% | £93,975 |
| June 2008 | -1.9% | £111,423 |
| June 2007 | 0% | £113,568 |
Rental Market Trends
The current average rental value in the postcode is £1,073.
The ME5 7LN Rental Market has increased by 56.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.9% | £1,073pcm |
| June 2025 | 4.3% | £1,053pcm |
| June 2024 | 5.3% | £1,009pcm |
| June 2023 | 12.8% | £958pcm |
| June 2022 | 10.3% | £849pcm |
| June 2021 | 7% | £770pcm |
| June 2020 | 1.6% | £719pcm |
| June 2019 | 1.1% | £708pcm |
| June 2018 | 0.8% | £700pcm |
| June 2017 | 1.2% | £695pcm |
| June 2016 | 9.1% | £687pcm |
| June 2015 | 9.3% | £629pcm |
| June 2014 | 2.9% | £576pcm |
| June 2013 | 2.7% | £559pcm |
| June 2012 | 4% | £545pcm |
| June 2011 | 4% | £524pcm |
| June 2010 | 2% | £504pcm |
| June 2009 | -3.7% | £494pcm |
| June 2008 | 3.3% | £513pcm |
| June 2007 | 0% | £496pcm |
Sales History
The last sale was on 15th December 2023 for £185,000 and since then the market in the area has increased by 1.6%. The postcode has had a total of 16 sales since 1995.
ME5 7LN has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Dec 2023£185,000 | 3 Bed House14, Luton High Street, Chatham, ME5 7LN14, Luton High Street, Chatham, ME5 7LN
- Sold Oct 2023£179,000 | 4 Bed House12, Luton High Street, Chatham, ME5 7LN12, Luton High Street, Chatham, ME5 7LN
- Sold Sep 2020£220,000 | 4 Bed House20, Luton High Street, Chatham, ME5 7LN20, Luton High Street, Chatham, ME5 7LN
- Sold Apr 2018£230,000 | 3 Bed House10, Luton High Street, Chatham, ME5 7LN10, Luton High Street, Chatham, ME5 7LN
- Sold Nov 2016£190,000 | 3 Bed House24, Luton High Street, Chatham, ME5 7LN24, Luton High Street, Chatham, ME5 7LN
Nearby Postcodes
ME5 7LN is the 307th largest and the 93rd most expensive postcode out of the 976 postcodes in the ME5 area.
- ME5 7LD, Luton Road, Chatham, ME5ME5 7LD9 Addresses|52 m away
- ME5 7LG, Luton High Street, Chatham, ME5ME5 7LG15 Addresses|58 m away
- ME5 7LE, Luton High Street, Chatham, ME5ME5 7LE21 Addresses|68 m away
- ME5 7LS, Tramways, Chatham, ME5ME5 7LS32 Addresses|72 m away
- ME5 7TA, Tramways, Chatham, ME5ME5 7TA31 Addresses|73 m away
Property Types
- 9 period houses built between 1800 and 1911
- 1 mid-century house built between 1936 and 1979
- 1 house of an unknown age
- 2 other addresses of unknown type
- period house (9)
- mid-century house (1)
- house (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (2)
- G (1)
- D (6)
- No EPC (3)
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 School1.1 km away
- Chatham Grammar400 m away
- The Victory Academy1.0 km away
- The Robert Napier School1.3 km away
More reading links
Public Transport Nearby
The closest station to ME5 7LN is Gillingham (Kent) station, which is 1.8 kilometres away.
- Gillingham (Kent)|1.8 km away
- Chatham|2.1 km away
- Rochester|3.0 km away
- Strood (Kent)|4.4 km away
