Heron Way - ME5 7RH
Key Postcode Insights
ME5 7RH is a residential postcode situated on Heron Way, Chatham, ME5 with 22 addresses.
It ranks as the 541st largest and 204th most expensive of the 976 postcodes in the ME5 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 22 properties: 22 houses.
- Ave. Sale Price
- £260,233
- 10 Year change
- up 34.4%
- Ave. Rental Price
- £1,212pcm
- 10 Year change
- up 60.5%
- Ave. £ per ft²
- £445/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Key Postcode Insights
ME5 7RH is a residential postcode situated on Heron Way, Chatham, ME5 with 22 addresses.
It ranks as the 541st largest and 204th most expensive of the 976 postcodes in the ME5 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 22 properties: 22 houses.
- Ave. Sale Price
- £260,233
- 10 Year change
- up 34.4%
- Ave. Rental Price
- £1,212pcm
- 10 Year change
- up 60.5%
- Ave. £ per ft²
- £445/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Explore Propertiesin ME5 7RH
- 61 Heron Way
3 Bed Modern House
- 62 Heron Way
House
- 63 Heron Way
3 Bed Modern House
- 64 Heron Way
House
- 65 Heron Way
3 Bed Modern House
Sales Market Trends
The last sale in ME5 7RH sold for £255,000 on 2nd February 2024. Since then prices are up an average of 2.1%.
The current average value in the postcode is £260,233.
The ME5 7RH Sales Market has increased by 34.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.8% | £260,233 |
| June 2025 | 2.5% | £262,420 |
| June 2024 | -2.8% | £255,917 |
| June 2023 | -0.3% | £263,214 |
| June 2022 | 13.8% | £264,137 |
| June 2021 | 7.1% | £232,197 |
| June 2020 | 3% | £216,854 |
| June 2019 | -1% | £210,492 |
| June 2018 | 1.7% | £212,543 |
| June 2017 | 7.9% | £208,989 |
| June 2016 | 19.4% | £193,635 |
| June 2015 | 9.3% | £162,166 |
| June 2014 | 12.5% | £148,363 |
| June 2013 | 6.2% | £131,870 |
| June 2012 | -1.2% | £124,116 |
| June 2011 | -2.6% | £125,604 |
| June 2010 | 7.6% | £128,940 |
| June 2009 | -12.9% | £119,803 |
| June 2008 | -3.3% | £137,615 |
| June 2007 | 0% | £142,292 |
Rental Market Trends
The current average rental value in the postcode is £1,212.
The ME5 7RH Rental Market has increased by 60.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.6% | £1,212pcm |
| June 2025 | 4.7% | £1,193pcm |
| June 2024 | 7.5% | £1,139pcm |
| June 2023 | 10.7% | £1,059pcm |
| June 2022 | 10.2% | £957pcm |
| June 2021 | 6.2% | £868pcm |
| June 2020 | 1.7% | £817pcm |
| June 2019 | 2.9% | £803pcm |
| June 2018 | 0.1% | £781pcm |
| June 2017 | 3.3% | £780pcm |
| June 2016 | 8.6% | £755pcm |
| June 2015 | 7.6% | £696pcm |
| June 2014 | 5.6% | £647pcm |
| June 2013 | 3.7% | £613pcm |
| June 2012 | 3.3% | £591pcm |
| June 2011 | 2.6% | £571pcm |
| June 2010 | 2.6% | £557pcm |
| June 2009 | -3.3% | £543pcm |
| June 2008 | 4% | £561pcm |
| June 2007 | 0% | £540pcm |
Sales History
The last sale was on 2nd February 2024 for £255,000 and since then the market in the area has increased by 2.1%. The postcode has had a total of 44 sales since 1995.
ME5 7RH has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Feb 2024£255,000 | 3 Bed House90, Heron Way, Chatham, ME5 7RH90, Heron Way, Chatham, ME5 7RH
- Sold Feb 2022£273,000 | 3 Bed House94, Heron Way, Chatham, ME5 7RH94, Heron Way, Chatham, ME5 7RH
- Sold Oct 2021£191,000 | 3 Bed House65, Heron Way, Chatham, ME5 7RH65, Heron Way, Chatham, ME5 7RH
- Sold Jun 2021£238,000 | 3 Bed House61, Heron Way, Chatham, ME5 7RH61, Heron Way, Chatham, ME5 7RH
- Sold Apr 2021£210,000 | 3 Bed House90, Heron Way, Chatham, ME5 7RH90, Heron Way, Chatham, ME5 7RH
Nearby Postcodes
ME5 7RH is the 541st largest and the 204th most expensive postcode out of the 976 postcodes in the ME5 area.
- ME5 7SU, Henley Close, Chatham, ME5ME5 7SU17 Addresses|43 m away
- ME5 7PT, Mermaid Close, Chatham, ME5ME5 7PT45 Addresses|84 m away
- ME5 7RL, Heron Way, Chatham, ME5ME5 7RL28 Addresses|85 m away
- ME5 7RF, Flamingo Close, Chatham, ME5ME5 7RF37 Addresses|99 m away
- ME5 7JQ, Clover Bank View, Chatham, ME5ME5 7JQ23 Addresses|129 m away
Property Types
- 14 modern houses built after 1980
- 8 other addresses of unknown type
- modern house (14)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 14 properties.
- The most common rating is C.
- A (0)
- E (2)
- B (0)
- F (0)
- C (6)
- G (0)
- D (6)
- No EPC (8)
Top 3 Most Expensive Sales
Schools Nearby
- Maundene School500 m away
- Wayfield Primary School500 m away
- Kingfisher Community Primary School700 m away
- Greenacre School800 m away
- Walderslade School800 m away
- Holcombe Grammar School1.5 km away
More reading links
Public Transport Nearby
The closest station to ME5 7RH is Chatham station, which is 2.8 kilometres away.
- Chatham|2.8 km away
- Rochester|3.6 km away
- Gillingham (Kent)|3.6 km away
- Strood (Kent)|5.0 km away
