Princes Avenue - ME5 8AR
Key Postcode Insights
ME5 8AR is a residential postcode situated on Princes Avenue, Chatham, ME5 with 10 addresses.
It ranks as the 218th largest and 794th 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 10 properties: 10 houses.
- Ave. Sale Price
- £415,969
- 10 Year change
- up 32.6%
- Ave. Rental Price
- £1,515pcm
- 10 Year change
- up 58.7%
- Ave. £ per ft²
- £343/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Key Postcode Insights
ME5 8AR is a residential postcode situated on Princes Avenue, Chatham, ME5 with 10 addresses.
It ranks as the 218th largest and 794th 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 10 properties: 10 houses.
- Ave. Sale Price
- £415,969
- 10 Year change
- up 32.6%
- Ave. Rental Price
- £1,515pcm
- 10 Year change
- up 58.7%
- Ave. £ per ft²
- £343/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Explore Propertiesin ME5 8AR
- 175 Princes Avenue
3 Bed Mid-century House
- 177 Princes Avenue
4 Bed Mid-century House
- 179 Princes Avenue
3 Bed Modern House
- 181 Princes Avenue
3 Bed Modern House
- 185 Princes Avenue
4 Bed House
Sales Market Trends
The last sale in ME5 8AR sold for £326,500 on 3rd May 2024. Since then prices are up an average of 1.7%.
The current average value in the postcode is £415,969.
The ME5 8AR Sales Market has increased by 32.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0% | £415,969 |
| June 2025 | 1.6% | £415,888 |
| June 2024 | -2.4% | £409,273 |
| June 2023 | -0.4% | £419,394 |
| June 2022 | 11.5% | £420,965 |
| June 2021 | 7% | £377,379 |
| June 2020 | 3.6% | £352,788 |
| June 2019 | -0.8% | £340,415 |
| June 2018 | 1.6% | £343,190 |
| June 2017 | 7.7% | £337,825 |
| June 2016 | 16.3% | £313,751 |
| June 2015 | 9.1% | £269,819 |
| June 2014 | 10.6% | £247,307 |
| June 2013 | 6.1% | £223,676 |
| June 2012 | -1.6% | £210,725 |
| June 2011 | -1.2% | £214,122 |
| June 2010 | 9% | £216,766 |
| June 2009 | -10.9% | £198,860 |
| June 2008 | -3.1% | £223,149 |
| June 2007 | 0% | £230,396 |
Rental Market Trends
The current average rental value in the postcode is £1,515.
The ME5 8AR Rental Market has increased by 58.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £1,515pcm |
| June 2025 | 3.9% | £1,478pcm |
| June 2024 | 8.1% | £1,423pcm |
| June 2023 | 10.6% | £1,317pcm |
| June 2022 | 7.9% | £1,190pcm |
| June 2021 | 6% | £1,103pcm |
| June 2020 | 2.4% | £1,040pcm |
| June 2019 | 3.3% | £1,016pcm |
| June 2018 | -0.1% | £984pcm |
| June 2017 | 3.1% | £985pcm |
| June 2016 | 5.8% | £955pcm |
| June 2015 | 7.1% | £903pcm |
| June 2014 | 4% | £843pcm |
| June 2013 | 3.2% | £811pcm |
| June 2012 | 3.1% | £785pcm |
| June 2011 | 4% | £761pcm |
| June 2010 | 4.1% | £732pcm |
| June 2009 | -1.3% | £703pcm |
| June 2008 | 4.3% | £712pcm |
| June 2007 | 0% | £682pcm |
Sales History
The last sale was on 3rd May 2024 for £326,500 and since then the market in the area has increased by 1.7%. The postcode has had a total of 21 sales since 1995.
ME5 8AR has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold May 2024£326,500 | 3 Bed House181, Princes Avenue, Chatham, ME5 8AR181, Princes Avenue, Chatham, ME5 8AR
- Sold Oct 2022£550,000 | 5 Bed House193, Princes Avenue, Chatham, ME5 8AR193, Princes Avenue, Chatham, ME5 8AR
- Sold Jun 2022£350,000 | 3 Bed House179, Princes Avenue, Chatham, ME5 8AR179, Princes Avenue, Chatham, ME5 8AR
- Sold Mar 2022£972,633 | 5 Bed House189, Princes Avenue, Chatham, ME5 8AR189, Princes Avenue, Chatham, ME5 8AR
- Sold Jul 2021£630,000 | 5 Bed House189, Princes Avenue, Chatham, ME5 8AR189, Princes Avenue, Chatham, ME5 8AR
Nearby Postcodes
ME5 8AR is the 218th largest and the 794th most expensive postcode out of the 976 postcodes in the ME5 area.
- ME5 8AL, Princes Avenue, Chatham, ME5ME5 8AL15 Addresses|43 m away
- ME5 8FR, Helms Way, Chatham, ME5ME5 8FR15 Addresses|85 m away
- ME5 8EU, Prince Charles Avenue, Chatham, ME5ME5 8EU6 Addresses|86 m away
- ME5 8RN, Peacock Rise, Chatham, ME5ME5 8RN25 Addresses|95 m away
- ME5 8AN, Princes Avenue, Chatham, ME5ME5 8AN1 Addresses|114 m away
Property Types
- 3 modern houses built after 1980
- 5 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 1 other address of unknown type
- modern house (3)
- mid-century house (5)
- house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (1)
- F (0)
- C (4)
- G (0)
- D (2)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Mar 2022£972,633 | 5 Bed House189, Princes Avenue, Chatham, ME5 8AR189, Princes Avenue, Chatham, ME5 8AR
- Sold Jul 2021£630,000 | 5 Bed House189, Princes Avenue, Chatham, ME5 8AR189, Princes Avenue, Chatham, ME5 8AR
- Sold Oct 2022£600,000 | 5 Bed House126, Princes Avenue, Chatham, ME5 8AJ126, Princes Avenue, Chatham, ME5 8AJ
Schools Nearby
- Maundene School400 m away
- St Thomas More Roman Catholic Primary School400 m away
- Walderslade Primary School600 m away
- Greenacre School600 m away
- Walderslade School700 m away
- Holcombe Grammar School2.3 km away
More reading links
Public Transport Nearby
The closest station to ME5 8AR is Chatham station, which is 3.7 kilometres away.
- Chatham|3.7 km away
- Rochester|4.5 km away
- Gillingham (Kent)|4.5 km away
- Cuxton|5.7 km away