Heron Way - ME5 7RL
Key Postcode Insights
ME5 7RL is a residential postcode situated on Heron Way, Chatham, ME5 with 28 addresses.
It ranks as the 649th largest and 143rd 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 28 properties: 28 houses.
- Ave. Sale Price
- £241,475
- 10 Year change
- up 34.4%
- Ave. Rental Price
- £1,179pcm
- 10 Year change
- up 60.5%
- Ave. £ per ft²
- £439/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Key Postcode Insights
ME5 7RL is a residential postcode situated on Heron Way, Chatham, ME5 with 28 addresses.
It ranks as the 649th largest and 143rd 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 28 properties: 28 houses.
- Ave. Sale Price
- £241,475
- 10 Year change
- up 34.4%
- Ave. Rental Price
- £1,179pcm
- 10 Year change
- up 60.5%
- Ave. £ per ft²
- £439/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Explore Propertiesin ME5 7RL
- 17 Heron Way
2 Bed Modern House
- 19 Heron Way
2 Bed Modern House
- 21 Heron Way
House
- 23 Heron Way
3 Bed Modern House
- 25 Heron Way
2 Bed Modern House
Sales Market Trends
The last sale in ME5 7RL sold for £235,000 on 27th September 2024. Since then prices are up an average of 0.8%.
The current average value in the postcode is £241,475.
The ME5 7RL Sales Market has increased by 34.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.8% | £241,475 |
| June 2025 | 2.5% | £243,505 |
| June 2024 | -2.8% | £237,470 |
| June 2023 | -0.3% | £244,241 |
| June 2022 | 13.8% | £245,098 |
| June 2021 | 7.1% | £215,460 |
| June 2020 | 3% | £201,223 |
| June 2019 | -1% | £195,320 |
| June 2018 | 1.7% | £197,223 |
| June 2017 | 7.9% | £193,925 |
| June 2016 | 19.4% | £179,678 |
| June 2015 | 9.3% | £150,477 |
| June 2014 | 12.5% | £137,669 |
| June 2013 | 6.2% | £122,365 |
| June 2012 | -1.2% | £115,170 |
| June 2011 | -2.6% | £116,550 |
| June 2010 | 7.6% | £119,646 |
| June 2009 | -12.9% | £111,168 |
| June 2008 | -3.3% | £127,696 |
| June 2007 | 0% | £132,036 |
Rental Market Trends
The current average rental value in the postcode is £1,179.
The ME5 7RL Rental Market has increased by 60.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.6% | £1,179pcm |
| June 2025 | 4.7% | £1,160pcm |
| June 2024 | 7.5% | £1,107pcm |
| June 2023 | 10.7% | £1,030pcm |
| June 2022 | 10.2% | £930pcm |
| June 2021 | 6.2% | £844pcm |
| June 2020 | 1.7% | £795pcm |
| June 2019 | 2.9% | £781pcm |
| June 2018 | 0.1% | £759pcm |
| June 2017 | 3.3% | £759pcm |
| June 2016 | 8.6% | £735pcm |
| June 2015 | 7.6% | £676pcm |
| June 2014 | 5.6% | £629pcm |
| June 2013 | 3.7% | £596pcm |
| June 2012 | 3.3% | £574pcm |
| June 2011 | 2.6% | £556pcm |
| June 2010 | 2.6% | £542pcm |
| June 2009 | -3.3% | £528pcm |
| June 2008 | 4% | £546pcm |
| June 2007 | 0% | £525pcm |
Sales History
The last sale was on 27th September 2024 for £235,000 and since then the market in the area has increased by 0.8%. The postcode has had a total of 60 sales since 1995.
ME5 7RL has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Sep 2024£235,000 | 3 Bed House35, Heron Way, Chatham, ME5 7RL35, Heron Way, Chatham, ME5 7RL
- Sold Oct 2022£255,000 | 2 Bed House47, Heron Way, Chatham, ME5 7RL47, Heron Way, Chatham, ME5 7RL
- Sold Dec 2021£240,000 | 3 Bed House52, Heron Way, Chatham, ME5 7RL52, Heron Way, Chatham, ME5 7RL
- Sold Mar 2021£198,000 | 3 Bed House23, Heron Way, Chatham, ME5 7RL23, Heron Way, Chatham, ME5 7RL
- Sold Jan 2019£195,000 | 3 Bed House57, Heron Way, Chatham, ME5 7RL57, Heron Way, Chatham, ME5 7RL
Nearby Postcodes
ME5 7RL is the 649th largest and the 143rd most expensive postcode out of the 976 postcodes in the ME5 area.
- ME5 7RF, Flamingo Close, Chatham, ME5ME5 7RF37 Addresses|49 m away
- ME5 7JQ, Clover Bank View, Chatham, ME5ME5 7JQ23 Addresses|49 m away
- ME5 7RH, Heron Way, Chatham, ME5ME5 7RH22 Addresses|85 m away
- ME5 7SU, Henley Close, Chatham, ME5ME5 7SU17 Addresses|102 m away
- ME5 7RG, Chaffinch Close, Chatham, ME5ME5 7RG54 Addresses|117 m away
Property Types
- 15 modern houses built after 1980
- 6 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 6 other addresses of unknown type
- modern house (15)
- mid-century house (6)
- house (1)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 21 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (18)
- G (0)
- D (3)
- No EPC (7)
Top 3 Most Expensive Sales
Schools Nearby
- Wayfield Primary School500 m away
- Maundene School600 m away
- Kingfisher Community Primary School700 m away
- Greenacre School900 m away
- Walderslade School900 m away
- The Victory Academy1.4 km away
More reading links
Public Transport Nearby
The closest station to ME5 7RL is Chatham station, which is 2.8 kilometres away.
- Chatham|2.8 km away
- Gillingham (Kent)|3.6 km away
- Rochester|3.6 km away
- Strood (Kent)|5.0 km away
