Somerset Close - ME5 7SW
Key Postcode Insights
ME5 7SW is a residential postcode situated on Somerset Close, Chatham, ME5 with 26 addresses.
It ranks as the 621st largest and 240th 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 26 properties: 26 houses.
- Ave. Sale Price
- £263,339
- 10 Year change
- up 35.3%
- Ave. Rental Price
- £1,391pcm
- 10 Year change
- up 55.5%
- Ave. £ per ft²
- £270/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Key Postcode Insights
ME5 7SW is a residential postcode situated on Somerset Close, Chatham, ME5 with 26 addresses.
It ranks as the 621st largest and 240th 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 26 properties: 26 houses.
- Ave. Sale Price
- £263,339
- 10 Year change
- up 35.3%
- Ave. Rental Price
- £1,391pcm
- 10 Year change
- up 55.5%
- Ave. £ per ft²
- £270/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Explore Propertiesin ME5 7SW
- 36 Somerset Close
3 Bed Mid-century House
- 38 Somerset Close
3 Bed Mid-century House
- 40 Somerset Close
3 Bed Mid-century House
- 42 Somerset Close
House
- 44 Somerset Close
House
Sales Market Trends
The last sale in ME5 7SW sold for £245,000 on 30th May 2024. Since then prices are up an average of 3.2%.
The current average value in the postcode is £263,339.
The ME5 7SW Sales Market has increased by 35.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.7% | £263,339 |
| June 2025 | 3.6% | £265,190 |
| June 2024 | -4.1% | £256,000 |
| June 2023 | 0.7% | £267,066 |
| June 2022 | 14% | £265,082 |
| June 2021 | 5.6% | £232,513 |
| June 2020 | 3.5% | £220,138 |
| June 2019 | -0.3% | £212,719 |
| June 2018 | 2.5% | £213,375 |
| June 2017 | 7% | £208,186 |
| June 2016 | 20.6% | £194,627 |
| June 2015 | 8% | £161,376 |
| June 2014 | 12.5% | £149,358 |
| June 2013 | 1.2% | £132,801 |
| June 2012 | 1.5% | £131,213 |
| June 2011 | -2.6% | £129,310 |
| June 2010 | 8.6% | £132,760 |
| June 2009 | -15.4% | £122,197 |
| June 2008 | -2.3% | £144,456 |
| June 2007 | 0% | £147,843 |
Rental Market Trends
The current average rental value in the postcode is £1,391.
The ME5 7SW Rental Market has increased by 55.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.8% | £1,391pcm |
| June 2025 | 4.5% | £1,366pcm |
| June 2024 | 5% | £1,307pcm |
| June 2023 | 12.7% | £1,245pcm |
| June 2022 | 10.3% | £1,105pcm |
| June 2021 | 7% | £1,001pcm |
| June 2020 | 1.6% | £936pcm |
| June 2019 | 1% | £921pcm |
| June 2018 | 0.7% | £912pcm |
| June 2017 | 1.3% | £906pcm |
| June 2016 | 9.2% | £895pcm |
| June 2015 | 9.6% | £819pcm |
| June 2014 | 2.8% | £747pcm |
| June 2013 | 2.5% | £727pcm |
| June 2012 | 4.1% | £709pcm |
| June 2011 | 4.1% | £681pcm |
| June 2010 | 1.7% | £654pcm |
| June 2009 | -4% | £643pcm |
| June 2008 | 3.1% | £670pcm |
| June 2007 | 0% | £650pcm |
Sales History
The last sale was on 30th May 2024 for £245,000 and since then the market in the area has increased by 3.2%. The postcode has had a total of 15 sales since 1995.
ME5 7SW has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold May 2024£245,000 | 3 Bed House60, Somerset Close, Chatham, ME5 7SW60, Somerset Close, Chatham, ME5 7SW
- Sold Feb 2024£275,000 | 3 Bed House40, Somerset Close, Chatham, ME5 7SW40, Somerset Close, Chatham, ME5 7SW
- Sold Jan 2018£212,000 | 3 Bed House60, Somerset Close, Chatham, ME5 7SW60, Somerset Close, Chatham, ME5 7SW
- Sold Aug 2017£218,000 | 3 Bed House40, Somerset Close, Chatham, ME5 7SW40, Somerset Close, Chatham, ME5 7SW
- Sold Jul 2014£150,000 | 3 Bed House62, Somerset Close, Chatham, ME5 7SW62, Somerset Close, Chatham, ME5 7SW
Nearby Postcodes
ME5 7SW is the 621st largest and the 240th most expensive postcode out of the 976 postcodes in the ME5 area.
- ME5 7SR, Wiltshire Close, Chatham, ME5ME5 7SR68 Addresses|67 m away
- ME5 7DX, Hopewell Business Centre, Chatham, ME5ME5 7DX11 Addresses|104 m away
- ME5 7SN, Somerset Close, Chatham, ME5ME5 7SN52 Addresses|133 m away
- ME5 7SS, Wiltshire Close, Chatham, ME5ME5 7SS23 Addresses|165 m away
- ME5 7PJ, Carlton Crescent, Chatham, ME5ME5 7PJ36 Addresses|174 m away
Property Types
- 16 mid-century houses built between 1936 and 1979
- 1 early-century house built between 1912 and 1935
- 9 other addresses of unknown type
- mid-century house (16)
- early-century house (1)
- Unknown (9)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 17 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (12)
- G (0)
- D (4)
- No EPC (9)
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 School700 m away
- Luton Primary School900 m away
- Wayfield Primary School1.3 km away
- Chatham Grammar1.1 km away
- The Victory Academy1.2 km away
- The Robert Napier School1.8 km away
More reading links
Public Transport Nearby
The closest station to ME5 7SW is Gillingham (Kent) station, which is 2.6 kilometres away.
- Gillingham (Kent)|2.6 km away
- Chatham|2.6 km away
- Rochester|3.5 km away
- Rainham (Kent)|4.4 km away
