Tramways - ME5 7LS
Key Postcode Insights
ME5 7LS is a residential postcode situated on Tramways, Chatham, ME5 with 32 addresses.
It ranks as the 727th largest and 76th most expensive of the 976 postcodes in the ME5 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 32 properties: 13 houses and 19 flats.
- Ave. Sale Price
- £214,472
- 10 Year change
- up 28.2%
- Ave. Rental Price
- £1,088pcm
- 10 Year change
- up 47.7%
- Ave. £ per ft²
- £286/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Key Postcode Insights
ME5 7LS is a residential postcode situated on Tramways, Chatham, ME5 with 32 addresses.
It ranks as the 727th largest and 76th most expensive of the 976 postcodes in the ME5 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 32 properties: 13 houses and 19 flats.
- Ave. Sale Price
- £214,472
- 10 Year change
- up 28.2%
- Ave. Rental Price
- £1,088pcm
- 10 Year change
- up 47.7%
- Ave. £ per ft²
- £286/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Explore Propertiesin ME5 7LS
- 2 Tramways
3 Bed Modern Flat
- 4 Tramways
2 Bed Modern Flat
- 6 Tramways
2 Bed Modern Flat
- 8 Tramways
3 Bed Modern Flat
- 10 Tramways
2 Bed Modern Flat
Sales Market Trends
The last sale in ME5 7LS sold for £217,000 on 3rd December 2021. Since then prices are up an average of 4.1%.
The current average value in the postcode is £214,472.
The ME5 7LS Sales Market has increased by 28.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.9% | £214,472 |
| June 2025 | 2.1% | £216,324 |
| June 2024 | -3.4% | £211,821 |
| June 2023 | 0.5% | £219,266 |
| June 2022 | 11.5% | £218,075 |
| June 2021 | 4.5% | £195,615 |
| June 2020 | 3.1% | £187,220 |
| June 2019 | -0.3% | £181,644 |
| June 2018 | 2.5% | £182,221 |
| June 2017 | 6.3% | £177,784 |
| June 2016 | 18.5% | £167,287 |
| June 2015 | 7.2% | £141,184 |
| June 2014 | 11% | £131,732 |
| June 2013 | 0% | £118,647 |
| June 2012 | 0.9% | £118,633 |
| June 2011 | -2.1% | £117,584 |
| June 2010 | 7.9% | £120,101 |
| June 2009 | -16.2% | £111,337 |
| June 2008 | -1.6% | £132,888 |
| June 2007 | 0% | £135,028 |
Rental Market Trends
The current average rental value in the postcode is £1,088.
The ME5 7LS Rental Market has increased by 47.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.7% | £1,088pcm |
| June 2025 | 2.9% | £1,070pcm |
| June 2024 | 6.1% | £1,040pcm |
| June 2023 | 12.3% | £980pcm |
| June 2022 | 8.3% | £873pcm |
| June 2021 | 5.8% | £806pcm |
| June 2020 | 1.3% | £761pcm |
| June 2019 | 1.4% | £752pcm |
| June 2018 | 0.2% | £741pcm |
| June 2017 | 0.4% | £740pcm |
| June 2016 | 7.8% | £737pcm |
| June 2015 | 8% | £684pcm |
| June 2014 | 2.1% | £633pcm |
| June 2013 | 1.7% | £620pcm |
| June 2012 | 3.2% | £610pcm |
| June 2011 | 4.2% | £591pcm |
| June 2010 | 0.9% | £567pcm |
| June 2009 | -4.3% | £562pcm |
| June 2008 | 3.7% | £588pcm |
| June 2007 | 0% | £567pcm |
Sales History
The last sale was on 3rd December 2021 for £217,000 and since then the market in the area has increased by 4.1%. The postcode has had a total of 1 sales since 1995.
ME5 7LS has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
ME5 7LS is the 727th largest and the 76th most expensive postcode out of the 976 postcodes in the ME5 area.
- ME5 7LN, Luton High Street, Chatham, ME5ME5 7LN13 Addresses|72 m away
- ME5 7LD, Luton Road, Chatham, ME5ME5 7LD9 Addresses|88 m away
- ME5 7TA, Tramways, Chatham, ME5ME5 7TA31 Addresses|90 m away
- ME5 7DG, Upper Luton Road, Chatham, ME5ME5 7DG1 Addresses|117 m away
- ME5 7LG, Luton High Street, Chatham, ME5ME5 7LG15 Addresses|123 m away
Property Types
- 13 modern houses built after 1980
- 19 modern flats built after 1980
- modern house (13)
- modern flat (19)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 32 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (1)
- F (0)
- C (31)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
Schools Nearby
- Luton Primary School200 m away
- Byron Primary School800 m away
- All Saints Church of England Primary School1.1 km away
- Chatham Grammar400 m away
- The Victory Academy900 m away
- The Robert Napier School1.3 km away
More reading links
Public Transport Nearby
The closest station to ME5 7LS is Gillingham (Kent) station, which is 1.8 kilometres away.
- Gillingham (Kent)|1.8 km away
- Chatham|2.0 km away
- Rochester|3.0 km away
- Strood (Kent)|4.3 km away
