Luton High Street - ME5 7LP
Key Postcode Insights
ME5 7LP is a residential postcode situated on Luton High Street, Chatham, ME5 with 8 addresses.
It ranks as the 156th largest and 53rd most expensive of the 976 postcodes in the ME5 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 8 properties: 1 house and 7 flats.
- Ave. Sale Price
- £146,546
- 10 Year change
- up 25.8%
- Ave. Rental Price
- £828pcm
- 10 Year change
- up 45.0%
- Ave. £ per ft²
- £221/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Key Postcode Insights
ME5 7LP is a residential postcode situated on Luton High Street, Chatham, ME5 with 8 addresses.
It ranks as the 156th largest and 53rd most expensive of the 976 postcodes in the ME5 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 8 properties: 1 house and 7 flats.
- Ave. Sale Price
- £146,546
- 10 Year change
- up 25.8%
- Ave. Rental Price
- £828pcm
- 10 Year change
- up 45.0%
- Ave. £ per ft²
- £221/ft²
- Ave. Gross Yield
- 6.8%/year/yr
Explore Propertiesin ME5 7LP
- 47 Luton High Street
Building | 2 Flats
- 49 Luton High Street
Building | 3 Flats
- 53 Luton High Street
1 Bed Period Flat
Sales Market Trends
The last sale in ME5 7LP sold for £260,000 on 19th June 2025. Since then prices are up an average of 19.3%.
The current average value in the postcode is £146,546.
The ME5 7LP Sales Market has increased by 25.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.1% | £146,546 |
| June 2025 | 1.7% | £148,179 |
| June 2024 | -3.2% | £145,670 |
| June 2023 | 0.3% | £150,464 |
| June 2022 | 11% | £149,957 |
| June 2021 | 4.2% | £135,045 |
| June 2020 | 2.8% | £129,663 |
| June 2019 | -0.3% | £126,084 |
| June 2018 | 2.4% | £126,422 |
| June 2017 | 6% | £123,474 |
| June 2016 | 18.3% | £116,457 |
| June 2015 | 6.7% | £98,476 |
| June 2014 | 11% | £92,266 |
| June 2013 | -0.3% | £83,154 |
| June 2012 | 0.6% | £83,374 |
| June 2011 | -2.2% | £82,837 |
| June 2010 | 7.3% | £84,730 |
| June 2009 | -16.6% | £78,951 |
| June 2008 | -1.6% | £94,673 |
| June 2007 | 0% | £96,180 |
Rental Market Trends
The current average rental value in the postcode is £828.
The ME5 7LP Rental Market has increased by 45.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.5% | £828pcm |
| June 2025 | 2.5% | £816pcm |
| June 2024 | 6.3% | £796pcm |
| June 2023 | 12% | £749pcm |
| June 2022 | 7.9% | £668pcm |
| June 2021 | 5.5% | £619pcm |
| June 2020 | 1.1% | £587pcm |
| June 2019 | 1.5% | £581pcm |
| June 2018 | 0.1% | £572pcm |
| June 2017 | 0.1% | £572pcm |
| June 2016 | 7.6% | £571pcm |
| June 2015 | 7.5% | £531pcm |
| June 2014 | 2% | £494pcm |
| June 2013 | 1.4% | £484pcm |
| June 2012 | 3% | £477pcm |
| June 2011 | 4% | £463pcm |
| June 2010 | 0.4% | £445pcm |
| June 2009 | -4.8% | £444pcm |
| June 2008 | 3.7% | £466pcm |
| June 2007 | 0% | £449pcm |
Sales History
The last sale was on 19th June 2025 for £260,000 and since then the market in the area has increased by 19.3%. The postcode has had a total of 8 sales since 1995.
ME5 7LP has seen 4 sales in the last three years and no sales in the last twelve months.
- Sold Jun 2025£260,000 | 3 Bed Flat49, Luton High Street, Chatham, ME5 7LP49, Luton High Street, Chatham, ME5 7LP
- Sold Oct 2024£150,000 | 3 Bed Flat49, Luton High Street, Chatham, ME5 7LP49, Luton High Street, Chatham, ME5 7LP
- Sold Jun 2023£125,000 | 2 Bed House47A, Luton High Street, Chatham, ME5 7LP47A, Luton High Street, Chatham, ME5 7LP
- Sold Feb 2023£140,000 | 2 Bed Flat55, Luton High Street, Chatham, ME5 7LP55, Luton High Street, Chatham, ME5 7LP
- Sold May 2022£100,000 | 2 Bed Flat47, Luton High Street, Chatham, ME5 7LP47, Luton High Street, Chatham, ME5 7LP
Nearby Postcodes
ME5 7LP is the 156th largest and the 53rd most expensive postcode out of the 976 postcodes in the ME5 area.
- ME5 7LJ, Luton High Street, Chatham, ME5ME5 7LJ11 Addresses|30 m away
- ME5 7LG, Luton High Street, Chatham, ME5ME5 7LG15 Addresses|59 m away
- ME5 7NH, Capstone Road, Chatham, ME5ME5 7NH8 Addresses|68 m away
- ME5 7LE, Luton High Street, Chatham, ME5ME5 7LE21 Addresses|78 m away
- ME5 7JL, Nelson Terrace, Chatham, ME5ME5 7JL10 Addresses|80 m away
Property Types
- 1 period flat built between 1800 and 1911
- 7 other addresses of unknown type
- period flat (1)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The most common rating is E.
- A (0)
- E (2)
- B (0)
- F (0)
- C (0)
- G (1)
- D (0)
- No EPC (5)
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 School400 m away
- Byron Primary School900 m away
- Kingfisher Community Primary School1.2 km away
- Chatham Grammar500 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 7LP is Gillingham (Kent) station, which is 2.0 kilometres away.
- Gillingham (Kent)|2.0 km away
- Chatham|2.2 km away
- Rochester|3.1 km away
- Strood (Kent)|4.5 km away
