Hopewell Drive - ME5 7NW
Key Postcode Insights
ME5 7NW is a residential postcode situated on Hopewell Drive, Chatham, ME5 with 24 addresses.
It ranks as the 584th largest and 145th most expensive of the 976 postcodes in the ME5 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 24 properties: 24 houses.
- Ave. Sale Price
- £227,224
- 10 Year change
- up 35.2%
- Ave. Rental Price
- £1,248pcm
- 10 Year change
- up 55.3%
- Ave. £ per ft²
- £317/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Key Postcode Insights
ME5 7NW is a residential postcode situated on Hopewell Drive, Chatham, ME5 with 24 addresses.
It ranks as the 584th largest and 145th most expensive of the 976 postcodes in the ME5 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 24 properties: 24 houses.
- Ave. Sale Price
- £227,224
- 10 Year change
- up 35.2%
- Ave. Rental Price
- £1,248pcm
- 10 Year change
- up 55.3%
- Ave. £ per ft²
- £317/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Explore Propertiesin ME5 7NW
- 2 Hopewell Drive
3 Bed Mid-century House
- 4 Hopewell Drive
2 Bed Mid-century House
- 6 Hopewell Drive
Unknown
- 8 Hopewell Drive
2 Bed Mid-century House
- 10 Hopewell Drive
2 Bed Mid-century House
Sales Market Trends
The last sale in ME5 7NW sold for £250,000 on 23rd September 2021. Since then prices are up an average of 10.6%.
The current average value in the postcode is £227,224.
The ME5 7NW Sales Market has increased by 35.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.6% | £227,224 |
| June 2025 | 3.5% | £228,687 |
| June 2024 | -4.1% | £220,888 |
| June 2023 | 0.8% | £230,387 |
| June 2022 | 13.9% | £228,653 |
| June 2021 | 5.6% | £200,824 |
| June 2020 | 3.5% | £190,171 |
| June 2019 | -0.3% | £183,685 |
| June 2018 | 2.5% | £184,223 |
| June 2017 | 6.9% | £179,771 |
| June 2016 | 20.4% | £168,101 |
| June 2015 | 8% | £139,602 |
| June 2014 | 12.3% | £129,225 |
| June 2013 | 1.2% | £115,035 |
| June 2012 | 1.5% | £113,704 |
| June 2011 | -2.5% | £112,068 |
| June 2010 | 8.7% | £114,942 |
| June 2009 | -15.3% | £105,698 |
| June 2008 | -2.3% | £124,788 |
| June 2007 | 0% | £127,684 |
Rental Market Trends
The current average rental value in the postcode is £1,248.
The ME5 7NW Rental Market has increased by 55.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.9% | £1,248pcm |
| June 2025 | 4.4% | £1,225pcm |
| June 2024 | 5.1% | £1,173pcm |
| June 2023 | 12.7% | £1,117pcm |
| June 2022 | 10.2% | £991pcm |
| June 2021 | 7% | £899pcm |
| June 2020 | 1.6% | £841pcm |
| June 2019 | 1.1% | £827pcm |
| June 2018 | 0.6% | £819pcm |
| June 2017 | 1.2% | £814pcm |
| June 2016 | 9.1% | £804pcm |
| June 2015 | 9.6% | £737pcm |
| June 2014 | 2.7% | £672pcm |
| June 2013 | 2.4% | £655pcm |
| June 2012 | 4.1% | £639pcm |
| June 2011 | 4.2% | £614pcm |
| June 2010 | 1.8% | £589pcm |
| June 2009 | -3.9% | £578pcm |
| June 2008 | 3.1% | £602pcm |
| June 2007 | 0% | £584pcm |
Sales History
The last sale was on 23rd September 2021 for £250,000 and since then the market in the area has increased by 10.6%. The postcode has had a total of 12 sales since 1995.
ME5 7NW has seen no sales in the last three years and no sales in the last twelve months.
- Sold Sep 2021£250,000 | 3 Bed House22, Hopewell Drive, Chatham, ME5 7NW22, Hopewell Drive, Chatham, ME5 7NW
- Sold Jan 2020£200,000 | 3 Bed House12, Hopewell Drive, Chatham, ME5 7NW12, Hopewell Drive, Chatham, ME5 7NW
- Sold Oct 2017£225,000 | 3 Bed House38, Hopewell Drive, Chatham, ME5 7NW38, Hopewell Drive, Chatham, ME5 7NW
- Sold Sep 2017£230,000 | 4 Bed House16, Hopewell Drive, Chatham, ME5 7NW16, Hopewell Drive, Chatham, ME5 7NW
- Sold Feb 2013£138,000 | 4 Bed House16, Hopewell Drive, Chatham, ME5 7NW16, Hopewell Drive, Chatham, ME5 7NW
Nearby Postcodes
ME5 7NW is the 584th largest and the 145th most expensive postcode out of the 976 postcodes in the ME5 area.
- ME5 7PU, Capstone Road, Chatham, ME5ME5 7PU1 Addresses|70 m away
- ME5 7QF, Hopewell Drive, Chatham, ME5ME5 7QF5 Addresses|73 m away
- ME5 7NN, Hopewell Drive, Chatham, ME5ME5 7NN43 Addresses|88 m away
- ME5 7NR, Glenwood Close, Chatham, ME5ME5 7NR52 Addresses|99 m away
- ME5 7DY, Hines Terrace, Chatham, ME5ME5 7DY6 Addresses|109 m away
Property Types
- 3 modern houses built after 1980
- 18 mid-century houses built between 1936 and 1979
- 3 other addresses of unknown type
- modern house (3)
- mid-century house (18)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 21 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (1)
- C (10)
- G (0)
- D (9)
- No EPC (3)
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 School500 m away
- Kingfisher Community Primary School1.0 km away
- Byron Primary School1.1 km away
- Chatham Grammar700 m away
- The Victory Academy1.1 km away
- The Robert Napier School1.5 km away
More reading links
Public Transport Nearby
The closest station to ME5 7NW is Gillingham (Kent) station, which is 2.2 kilometres away.
- Gillingham (Kent)|2.2 km away
- Chatham|2.3 km away
- Rochester|3.3 km away
- Rainham (Kent)|4.4 km away
