ME5 7RW is a residential postcode situated on Illustrious Close, Chatham, ME5 with 53 addresses.
It ranks as the 942nd largest and 196th most expensive of the 976 postcodes in the ME5 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 53 properties: 53 houses.
ME5 7RW is a residential postcode situated on Illustrious Close, Chatham, ME5 with 53 addresses.
It ranks as the 942nd largest and 196th most expensive of the 976 postcodes in the ME5 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 53 properties: 53 houses.
Sale prices range from £209,232 for 2 bedroom freehold houses with a garden (473 ft2) to £666,385 for 5 bedroom freehold houses with a garden (1,829 ft2) .
Monthly rental prices range from £996 pcm for 2 bed houses to £1,657 pcm for 5 bed houses.
The gross rental yield is between 3.0% and 5.8%.
The average value per square foot is £406.
The last sale in ME5 7RW sold for £308,000 on 18th December 2025. Since then prices are down an average of 0.6%.
The current average value in the postcode is £296,486.
The ME5 7RW Sales Market has increased by 36.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.5% | £296,486 |
| April 2025 | 1.7% | £298,060 |
| April 2024 | -3.5% | £293,051 |
| April 2023 | 3.2% | £303,713 |
| April 2022 | 11% | £294,182 |
| April 2021 | 7.4% | £265,106 |
| April 2020 | 2.1% | £246,846 |
| April 2019 | -1.2% | £241,712 |
| April 2018 | 2.5% | £244,621 |
| April 2017 | 9.7% | £238,633 |
| April 2016 | 18.1% | £217,617 |
| April 2015 | 7.5% | £184,316 |
| April 2014 | 12.4% | £171,490 |
| April 2013 | 5.8% | £152,636 |
| April 2012 | -1.4% | £144,292 |
| April 2011 | -1.9% | £146,379 |
| April 2010 | 7.6% | £149,162 |
| April 2009 | -14.6% | £138,596 |
| April 2008 | 0.9% | £162,365 |
| April 2007 | 0% | £160,902 |
The current average rental value in the postcode is £1,229.
The ME5 7RW Rental Market has increased by 62.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.6% | £1,229pcm |
| April 2025 | 5.1% | £1,198pcm |
| April 2024 | 9.7% | £1,139pcm |
| April 2023 | 8.7% | £1,038pcm |
| April 2022 | 9.1% | £955pcm |
| April 2021 | 6.1% | £875pcm |
| April 2020 | 2.6% | £825pcm |
| April 2019 | 2.5% | £804pcm |
| April 2018 | -0.3% | £785pcm |
| April 2017 | 3.7% | £787pcm |
| April 2016 | 6.7% | £759pcm |
| April 2015 | 6.9% | £711pcm |
| April 2014 | 4.1% | £666pcm |
| April 2013 | 6% | £639pcm |
| April 2012 | 2.4% | £603pcm |
| April 2011 | 3.2% | £589pcm |
| April 2010 | 1.1% | £570pcm |
| April 2009 | -1.5% | £564pcm |
| April 2008 | 5.3% | £573pcm |
| April 2007 | 0% | £544pcm |
The last sale was on 18th December 2025 for £308,000 and since then the market in the area has decreased by 0.6%. The postcode has had a total of 112 sales since 1995.
ME5 7RW has seen 6 sales in the last three years and 3 sales in the last twelve months.
ME5 7RW is the 942nd largest and the 196th most expensive postcode out of the 976 postcodes in the ME5 area.
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According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around ME5 7RW, 51.0% of property is privately owned with a mortgage and 26.9% is privately rented.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around ME5 7RW, 13.1% of residents are recorded as possessing school level qualifications and 21.4% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around ME5 7RW, the average age was 36.9 and the most common age was 32.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around ME5 7RW, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around ME5 7RW, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.