Somerset Close - ME5 7SN
Key Postcode Insights
ME5 7SN is a residential postcode situated on Somerset Close, Chatham, ME5 with 52 addresses.
It ranks as the 940th largest and 23rd most expensive of the 976 postcodes in the ME5 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 52 properties: 12 houses and 40 flats.
- Ave. Sale Price
- £165,263
- 10 Year change
- up 30.8%
- Ave. Rental Price
- £967pcm
- 10 Year change
- up 50.4%
- Ave. £ per ft²
- £263/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Key Postcode Insights
ME5 7SN is a residential postcode situated on Somerset Close, Chatham, ME5 with 52 addresses.
It ranks as the 940th largest and 23rd most expensive of the 976 postcodes in the ME5 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 52 properties: 12 houses and 40 flats.
- Ave. Sale Price
- £165,263
- 10 Year change
- up 30.8%
- Ave. Rental Price
- £967pcm
- 10 Year change
- up 50.4%
- Ave. £ per ft²
- £263/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Explore Propertiesin ME5 7SN
- Block A
Modern Building | 5 Units
- Block B
Modern Building | 5 Units
- 1 Somerset Close
2 Bed Mid-century Flat
- 3 Somerset Close
2 Bed Mid-century Flat
- 5 Somerset Close
2 Bed Mid-century Flat
Sales Market Trends
The last sale in ME5 7SN sold for £238,000 on 20th December 2024. Since then prices are down an average of 0.4%.
The current average value in the postcode is £165,263.
The ME5 7SN Sales Market has increased by 30.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.4% | £165,263 |
| June 2025 | 2.5% | £165,891 |
| June 2024 | -3.6% | £161,811 |
| June 2023 | 0.4% | £167,874 |
| June 2022 | 12.7% | £167,274 |
| June 2021 | 4.9% | £148,456 |
| June 2020 | 3.7% | £141,513 |
| June 2019 | -0.5% | £136,509 |
| June 2018 | 2.1% | £137,133 |
| June 2017 | 6.4% | £134,372 |
| June 2016 | 19.5% | £126,306 |
| June 2015 | 7.2% | £105,709 |
| June 2014 | 11.9% | £98,569 |
| June 2013 | 0.5% | £88,108 |
| June 2012 | 0.3% | £87,678 |
| June 2011 | -2.5% | £87,447 |
| June 2010 | 7.6% | £89,702 |
| June 2009 | -15.1% | £83,386 |
| June 2008 | -2% | £98,254 |
| June 2007 | 0% | £100,302 |
Rental Market Trends
The current average rental value in the postcode is £967.
The ME5 7SN Rental Market has increased by 50.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.1% | £967pcm |
| June 2025 | 3.4% | £947pcm |
| June 2024 | 5.6% | £916pcm |
| June 2023 | 12.2% | £867pcm |
| June 2022 | 9.1% | £773pcm |
| June 2021 | 6.3% | £708pcm |
| June 2020 | 1.7% | £667pcm |
| June 2019 | 0.9% | £655pcm |
| June 2018 | 0.2% | £650pcm |
| June 2017 | 0.7% | £648pcm |
| June 2016 | 8.2% | £643pcm |
| June 2015 | 8.8% | £595pcm |
| June 2014 | 2.3% | £546pcm |
| June 2013 | 1.8% | £534pcm |
| June 2012 | 2.9% | £525pcm |
| June 2011 | 4.2% | £511pcm |
| June 2010 | 0.7% | £490pcm |
| June 2009 | -3.7% | £486pcm |
| June 2008 | 3.3% | £505pcm |
| June 2007 | 0% | £489pcm |
Sales History
The last sale was on 20th December 2024 for £238,000 and since then the market in the area has decreased by 0.4%. The postcode has had a total of 23 sales since 1995.
ME5 7SN has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Dec 2024£238,000 | 3 Bed House34, Somerset Close, Chatham, ME5 7SN34, Somerset Close, Chatham, ME5 7SN
- Sold Jun 2023£135,000 | 2 Bed Flat11, Somerset Close, Chatham, ME5 7SN11, Somerset Close, Chatham, ME5 7SN
- Sold Jul 2021£120,000 | 2 Bed Flat11, Somerset Close, Chatham, ME5 7SN11, Somerset Close, Chatham, ME5 7SN
- Sold Nov 2020£215,000 | 3 Bed House18, Somerset Close, Chatham, ME5 7SN18, Somerset Close, Chatham, ME5 7SN
- Sold Nov 2017£230,000 | 3 Bed House26, Somerset Close, Chatham, ME5 7SN26, Somerset Close, Chatham, ME5 7SN
Nearby Postcodes
ME5 7SN is the 940th largest and the 23rd most expensive postcode out of the 976 postcodes in the ME5 area.
- ME5 7SL, Somerset Close, Chatham, ME5ME5 7SL5 Addresses|106 m away
- ME5 7SR, Wiltshire Close, Chatham, ME5ME5 7SR68 Addresses|114 m away
- ME5 7SW, Somerset Close, Chatham, ME5ME5 7SW26 Addresses|133 m away
- ME5 7SP, Wiltshire Close, Chatham, ME5ME5 7SP3 Addresses|141 m away
- ME5 7SE, Berkshire Close, Chatham, ME5ME5 7SE27 Addresses|159 m away
Property Types
- 10 modern flats built after 1980
- 8 mid-century houses built between 1936 and 1979
- 27 mid-century flats built between 1936 and 1979
- 7 other addresses of unknown type
- modern flat (10)
- mid-century house (8)
- mid-century flat (27)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 45 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (10)
- F (0)
- C (32)
- G (0)
- D (2)
- No EPC (7)
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 School500 m away
- Luton Primary School1.0 km away
- Wayfield Primary School1.2 km away
- The Victory Academy1.2 km away
- Chatham Grammar1.2 km away
- Holcombe Grammar School1.9 km away
More reading links
Public Transport Nearby
The closest station to ME5 7SN is Chatham station, which is 2.6 kilometres away.
- Chatham|2.6 km away
- Gillingham (Kent)|2.7 km away
- Rochester|3.6 km away
- Rainham (Kent)|4.5 km away
