Hopewell Drive - ME5 7NP
Key Postcode Insights
ME5 7NP is a residential postcode situated on Hopewell Drive, Chatham, ME5 with 57 addresses.
It ranks as the 953rd largest and 88th 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 57 properties: 31 houses and 26 flats.
- Ave. Sale Price
- £155,698
- 10 Year change
- up 30.4%
- Ave. Rental Price
- £894pcm
- 10 Year change
- up 49.8%
- Ave. £ per ft²
- £385/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Key Postcode Insights
ME5 7NP is a residential postcode situated on Hopewell Drive, Chatham, ME5 with 57 addresses.
It ranks as the 953rd largest and 88th 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 57 properties: 31 houses and 26 flats.
- Ave. Sale Price
- £155,698
- 10 Year change
- up 30.4%
- Ave. Rental Price
- £894pcm
- 10 Year change
- up 49.8%
- Ave. £ per ft²
- £385/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Explore Propertiesin ME5 7NP
- Shawstead House
Mid-century Building | 38 Units
- 50 Hopewell Drive
2 Bed Mid-century House
- 52 Hopewell Drive
2 Bed Mid-century House
- 54 Hopewell Drive
2 Bed Mid-century House
- 56 Hopewell Drive
2 Bed Mid-century House
Sales Market Trends
The last sale in ME5 7NP sold for £115,000 on 18th June 2014. Since then prices are up an average of 66.4%.
The current average value in the postcode is £155,698.
The ME5 7NP Sales Market has increased by 30.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.5% | £155,698 |
| June 2025 | 2.5% | £156,458 |
| June 2024 | -3.6% | £152,692 |
| June 2023 | 0.2% | £158,342 |
| June 2022 | 12.8% | £157,971 |
| June 2021 | 4.9% | £140,012 |
| June 2020 | 3.6% | £133,527 |
| June 2019 | -0.6% | £128,907 |
| June 2018 | 2.1% | £129,658 |
| June 2017 | 6.3% | £127,016 |
| June 2016 | 19.7% | £119,436 |
| June 2015 | 7.1% | £99,813 |
| June 2014 | 12.1% | £93,199 |
| June 2013 | 0.4% | £83,149 |
| June 2012 | 0% | £82,786 |
| June 2011 | -2.8% | £82,789 |
| June 2010 | 7.1% | £85,132 |
| June 2009 | -15.3% | £79,475 |
| June 2008 | -2.1% | £93,845 |
| June 2007 | 0% | £95,839 |
Rental Market Trends
The current average rental value in the postcode is £894.
The ME5 7NP Rental Market has increased by 49.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2% | £894pcm |
| June 2025 | 3.4% | £876pcm |
| June 2024 | 5.7% | £847pcm |
| June 2023 | 12.1% | £802pcm |
| June 2022 | 9.2% | £715pcm |
| June 2021 | 6.2% | £655pcm |
| June 2020 | 1.7% | £617pcm |
| June 2019 | 0.8% | £607pcm |
| June 2018 | 0.3% | £602pcm |
| June 2017 | 0.7% | £601pcm |
| June 2016 | 8.4% | £597pcm |
| June 2015 | 8.6% | £550pcm |
| June 2014 | 2.5% | £507pcm |
| June 2013 | 1.7% | £495pcm |
| June 2012 | 2.6% | £486pcm |
| June 2011 | 3.9% | £474pcm |
| June 2010 | 0.3% | £456pcm |
| June 2009 | -3.9% | £455pcm |
| June 2008 | 3.3% | £473pcm |
| June 2007 | 0% | £458pcm |
Sales History
The last sale was on 18th June 2014 for £115,000 and since then the market in the area has increased by 66.4%. The postcode has had a total of 2 sales since 1995.
ME5 7NP has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
ME5 7NP is the 953rd largest and the 88th most expensive postcode out of the 976 postcodes in the ME5 area.
- ME5 7DY, Hines Terrace, Chatham, ME5ME5 7DY6 Addresses|38 m away
- ME5 7SS, Wiltshire Close, Chatham, ME5ME5 7SS23 Addresses|88 m away
- ME5 7NN, Hopewell Drive, Chatham, ME5ME5 7NN43 Addresses|88 m away
- ME5 7NR, Glenwood Close, Chatham, ME5ME5 7NR52 Addresses|96 m away
- ME5 7NW, Hopewell Drive, Chatham, ME5ME5 7NW24 Addresses|139 m away
Property Types
- 1 modern house built after 1980
- 16 mid-century houses built between 1936 and 1979
- 38 mid-century flats built between 1936 and 1979
- 2 other addresses of unknown type
- modern house (1)
- mid-century house (16)
- mid-century flat (38)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 55 properties.
- The most common rating is C.
- A (0)
- E (2)
- B (0)
- F (0)
- C (32)
- G (0)
- D (21)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Feb 2023£6,418,202 | 4 Bed House96, Hopewell Drive, Chatham, ME5 7PY96, Hopewell Drive, Chatham, ME5 7PY
- Sold Sep 2021£250,000 | 3 Bed House22, Hopewell Drive, Chatham, ME5 7NW22, Hopewell Drive, Chatham, ME5 7NW
- Sold Sep 2017£230,000 | 4 Bed House16, Hopewell Drive, Chatham, ME5 7NW16, Hopewell Drive, Chatham, ME5 7NW
Schools Nearby
- Luton Primary School700 m away
- Kingfisher Community Primary School800 m away
- Byron Primary School1.3 km away
- Chatham Grammar900 m away
- The Victory Academy1.1 km away
- The Robert Napier School1.7 km away
More reading links
Public Transport Nearby
The closest station to ME5 7NP is Gillingham (Kent) station, which is 2.4 kilometres away.
- Gillingham (Kent)|2.4 km away
- Chatham|2.4 km away
- Rochester|3.4 km away
- Rainham (Kent)|4.5 km away
