Princes Avenue - ME5 8AX
Key Postcode Insights
ME5 8AX is a residential postcode situated on Princes Avenue, Chatham, ME5 with 28 addresses.
It ranks as the 650th largest and 378th 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 28 properties: 23 houses and 5 other properties.
- Ave. Sale Price
- £293,743
- 10 Year change
- up 32.6%
- Ave. Rental Price
- £1,404pcm
- 10 Year change
- up 58.6%
- Ave. £ per ft²
- £349/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Key Postcode Insights
ME5 8AX is a residential postcode situated on Princes Avenue, Chatham, ME5 with 28 addresses.
It ranks as the 650th largest and 378th 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 28 properties: 23 houses and 5 other properties.
- Ave. Sale Price
- £293,743
- 10 Year change
- up 32.6%
- Ave. Rental Price
- £1,404pcm
- 10 Year change
- up 58.6%
- Ave. £ per ft²
- £349/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Explore Properties in ME5 8AX
- 117 Princes Avenue
4 Bed Mid-century House
- 119 Princes Avenue
House
- 121 Princes Avenue
3 Bed Early-century House
- 123 Princes Avenue
3 Bed House
- 125 Princes Avenue
3 Bed House
Sales Market Trends
The last sale in ME5 8AX sold for £270,000 on 1st May 2026. Since then prices are down an average of 0.1%.
The current average value in the postcode is £293,743.
The ME5 8AX Sales Market has increased by 32.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0% | £293,743 |
| June 2025 | 1.7% | £293,716 |
| June 2024 | -2.4% | £288,929 |
| June 2023 | -0.4% | £296,039 |
| June 2022 | 11.7% | £297,139 |
| June 2021 | 6.9% | £266,002 |
| June 2020 | 3.6% | £248,839 |
| June 2019 | -0.8% | £240,115 |
| June 2018 | 1.4% | £241,967 |
| June 2017 | 7.7% | £238,558 |
| June 2016 | 16.7% | £221,603 |
| June 2015 | 9.2% | £189,866 |
| June 2014 | 10.7% | £173,899 |
| June 2013 | 6.2% | £157,082 |
| June 2012 | -1.6% | £147,920 |
| June 2011 | -1.3% | £150,289 |
| June 2010 | 8.8% | £152,271 |
| June 2009 | -11% | £139,927 |
| June 2008 | -3.1% | £157,302 |
| June 2007 | 0% | £162,269 |
Rental Market Trends
The current average rental value in the postcode is £1,404.
The ME5 8AX Rental Market has increased by 58.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £1,404pcm |
| June 2025 | 3.9% | £1,370pcm |
| June 2024 | 8.1% | £1,319pcm |
| June 2023 | 10.6% | £1,220pcm |
| June 2022 | 8.1% | £1,103pcm |
| June 2021 | 5.9% | £1,020pcm |
| June 2020 | 2.4% | £963pcm |
| June 2019 | 3.3% | £941pcm |
| June 2018 | -0.2% | £910pcm |
| June 2017 | 3.1% | £912pcm |
| June 2016 | 6.2% | £885pcm |
| June 2015 | 7.2% | £833pcm |
| June 2014 | 4.1% | £778pcm |
| June 2013 | 3.3% | £747pcm |
| June 2012 | 3.1% | £723pcm |
| June 2011 | 3.9% | £701pcm |
| June 2010 | 4% | £675pcm |
| June 2009 | -1.4% | £649pcm |
| June 2008 | 4.4% | £658pcm |
| June 2007 | 0% | £630pcm |
Sales History
The last recorded sale was on 1st May 2026 for £270,000 and since then the market in the area has decreased by 0.1%.
ME5 8AX has had 3 sales since 1995, with 3 in the last three years and 1 in the last twelve months.
- Sold May 2026£270,000 | 3 Bed House161, Princes Avenue, Chatham, ME5 8AX161, Princes Avenue, Chatham, ME5 8AX
- Sold Dec 2023£200,000 | 3 Bed House129, Princes Avenue, Chatham, ME5 8AX129, Princes Avenue, Chatham, ME5 8AX
- Sold Oct 2023£265,000 | 3 Bed House169, Princes Avenue, Chatham, ME5 8AX169, Princes Avenue, Chatham, ME5 8AX
Nearby Postcodes
ME5 8AX is the 650th largest and the 378th most expensive postcode out of the 976 postcodes in the ME5 area.
- ME5 8AJ, Princes Avenue, Chatham, ME5ME5 8AJ21 Addresses|59 m away
- ME5 8RN, Peacock Rise, Chatham, ME5ME5 8RN25 Addresses|115 m away
- ME5 0NW, Sussex Drive, Chatham, ME5ME5 0NW30 Addresses|117 m away
- ME5 8HP, Merivale Grove, Chatham, ME5ME5 8HP35 Addresses|127 m away
- ME5 8EU, Prince Charles Avenue, Chatham, ME5ME5 8EU6 Addresses|139 m away
Property Types
- 7 modern houses built after 1980
- 11 mid-century houses built between 1936 and 1979
- 4 houses of an unknown age
- 1 early-century house built between 1912 and 1935
- 5 other addresses of unknown type
- modern house (7)
- mid-century house (11)
- house (4)
- early-century house (1)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 19 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (0)
- C (6)
- G (1)
- D (9)
- No EPC (9)
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
- St Thomas More Roman Catholic Primary School400 m away
- Walderslade Primary School400 m away
- Maundene School600 m away
- Greenacre School600 m away
- Walderslade School800 m away
- Holcombe Grammar School2.4 km away
More reading links
Public Transport Nearby
The closest station to ME5 8AX is Chatham station, which is 3.9 kilometres away.
- Chatham|3.9 km away
- Rochester|4.6 km away
- Gillingham (Kent)|4.7 km away
- Cuxton|5.8 km away
