Somerset Close - ME5 7SL
Key Postcode Insights
ME5 7SL is a residential postcode situated on Somerset Close, Chatham, ME5 with 5 addresses.
It ranks as the 88th largest and 183rd 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 5 properties: 5 houses.
- Ave. Sale Price
- £252,189
- 10 Year change
- up 34.7%
- Ave. Rental Price
- £1,310pcm
- 10 Year change
- up 54.8%
- Ave. £ per ft²
- £247/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Key Postcode Insights
ME5 7SL is a residential postcode situated on Somerset Close, Chatham, ME5 with 5 addresses.
It ranks as the 88th largest and 183rd 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 5 properties: 5 houses.
- Ave. Sale Price
- £252,189
- 10 Year change
- up 34.7%
- Ave. Rental Price
- £1,310pcm
- 10 Year change
- up 54.8%
- Ave. £ per ft²
- £247/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Explore Propertiesin ME5 7SL
- 2 Somerset Close
3 Bed Mid-century House
- 4 Somerset Close
4 Bed Mid-century House
- 6 Somerset Close
3 Bed Early-century House
- 8 Somerset Close
3 Bed Mid-century House
- 10 Somerset Close
3 Bed Mid-century House
Sales Market Trends
The last sale in ME5 7SL sold for £159,950 on 24th October 2014. Since then prices are up an average of 71.3%.
The current average value in the postcode is £252,189.
The ME5 7SL Sales Market has increased by 34.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.4% | £252,189 |
| June 2025 | 3.3% | £253,302 |
| June 2024 | -4% | £245,108 |
| June 2023 | 0.8% | £255,444 |
| June 2022 | 13.4% | £253,427 |
| June 2021 | 5.5% | £223,449 |
| June 2020 | 3.7% | £211,795 |
| June 2019 | -0.2% | £204,288 |
| June 2018 | 2.3% | £204,734 |
| June 2017 | 6.8% | £200,038 |
| June 2016 | 20% | £187,218 |
| June 2015 | 8% | £156,017 |
| June 2014 | 12% | £144,444 |
| June 2013 | 1.1% | £128,988 |
| June 2012 | 1.4% | £127,624 |
| June 2011 | -2.2% | £125,828 |
| June 2010 | 9% | £128,699 |
| June 2009 | -15% | £118,084 |
| June 2008 | -2.2% | £138,925 |
| June 2007 | 0% | £141,979 |
Rental Market Trends
The current average rental value in the postcode is £1,310.
The ME5 7SL Rental Market has increased by 54.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.1% | £1,310pcm |
| June 2025 | 4.2% | £1,283pcm |
| June 2024 | 5.1% | £1,231pcm |
| June 2023 | 12.7% | £1,171pcm |
| June 2022 | 9.8% | £1,039pcm |
| June 2021 | 6.9% | £946pcm |
| June 2020 | 1.8% | £885pcm |
| June 2019 | 1.1% | £870pcm |
| June 2018 | 0.5% | £860pcm |
| June 2017 | 1.2% | £856pcm |
| June 2016 | 8.7% | £846pcm |
| June 2015 | 9.6% | £779pcm |
| June 2014 | 2.4% | £711pcm |
| June 2013 | 2.3% | £694pcm |
| June 2012 | 4.1% | £678pcm |
| June 2011 | 4.5% | £652pcm |
| June 2010 | 2.1% | £624pcm |
| June 2009 | -3.6% | £611pcm |
| June 2008 | 3.2% | £634pcm |
| June 2007 | 0% | £614pcm |
Sales History
The last sale was on 24th October 2014 for £159,950 and since then the market in the area has increased by 71.3%. The postcode has had a total of 8 sales since 1995.
ME5 7SL has seen no sales in the last three years and no sales in the last twelve months.
- Sold Oct 2014£159,950 | 4 Bed House4, Somerset Close, Chatham, ME5 7SL4, Somerset Close, Chatham, ME5 7SL
- Sold Feb 2008£152,995 | 3 Bed House8, Somerset Close, Chatham, ME5 7SL8, Somerset Close, Chatham, ME5 7SL
- Sold Apr 2001£62,500 | 3 Bed House8, Somerset Close, Chatham, ME5 7SL8, Somerset Close, Chatham, ME5 7SL
- Sold Oct 1999£50,000 | 3 Bed House10, Somerset Close, Chatham, ME5 7SL10, Somerset Close, Chatham, ME5 7SL
- Sold Nov 1998£43,500 | 3 Bed House6, Somerset Close, Chatham, ME5 7SL6, Somerset Close, Chatham, ME5 7SL
Nearby Postcodes
ME5 7SL is the 88th largest and the 183rd most expensive postcode out of the 976 postcodes in the ME5 area.
- ME5 7SP, Wiltshire Close, Chatham, ME5ME5 7SP3 Addresses|35 m away
- ME5 7SE, Berkshire Close, Chatham, ME5ME5 7SE27 Addresses|80 m away
- ME5 7SN, Somerset Close, Chatham, ME5ME5 7SN52 Addresses|106 m away
- ME5 7SJ, Devon Close, Chatham, ME5ME5 7SJ51 Addresses|121 m away
- ME5 7NZ, Kingfisher Drive, Chatham, ME5ME5 7NZ38 Addresses|153 m away
Property Types
- 4 mid-century houses built between 1936 and 1979
- 1 early-century house built between 1912 and 1935
- mid-century house (4)
- early-century house (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (2)
- G (0)
- D (3)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Feb 2024£275,000 | 3 Bed House40, Somerset Close, Chatham, ME5 7SW40, Somerset Close, Chatham, ME5 7SW
- Sold May 2024£245,000 | 3 Bed House60, Somerset Close, Chatham, ME5 7SW60, Somerset Close, Chatham, ME5 7SW
- Sold Dec 2024£238,000 | 3 Bed House34, Somerset Close, Chatham, ME5 7SN34, Somerset Close, Chatham, ME5 7SN
Schools Nearby
- Kingfisher Community Primary School400 m away
- Luton Primary School1.0 km away
- Wayfield Primary School1.1 km away
- The Victory Academy1.2 km away
- Chatham Grammar1.3 km away
- Holcombe Grammar School1.8 km away
More reading links
Public Transport Nearby
The closest station to ME5 7SL is Chatham station, which is 2.6 kilometres away.
- Chatham|2.6 km away
- Gillingham (Kent)|2.7 km away
- Rochester|3.5 km away
- Rainham (Kent)|4.6 km away
