ME5 9ET is a residential postcode situated on Kit Hill Avenue, Chatham, ME5 with 10 addresses.
It ranks as the 239th largest and 552nd most expensive of the 976 postcodes in the ME5 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 10 properties: 6 houses and 4 flats.
ME5 9ET is a residential postcode situated on Kit Hill Avenue, Chatham, ME5 with 10 addresses.
It ranks as the 239th largest and 552nd most expensive of the 976 postcodes in the ME5 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 10 properties: 6 houses and 4 flats.
Sale prices range from £134,323 for 3 bedroom Leasehold flats (840 ft2) to £583,258 for 4 bedroom freehold houses with a garden (1,399 ft2) .
Monthly rental prices range from £757 pcm for 3 bed flats to £1,583 pcm for 4 bed houses.
The gross rental yield is between 3.3% and 6.8%.
The average value per square foot is £222.
The last sale in ME5 9ET sold for £445,000 on 1st March 2024. Since then prices are up an average of 0.2%.
The current average value in the postcode is £330,074.
The ME5 9ET Sales Market has increased by 32.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.3% | £330,074 |
| April 2025 | 1% | £331,173 |
| April 2024 | -2.8% | £328,019 |
| April 2023 | 2.7% | £337,640 |
| April 2022 | 9.8% | £328,738 |
| April 2021 | 7.1% | £299,305 |
| April 2020 | 2.2% | £279,411 |
| April 2019 | -1.3% | £273,473 |
| April 2018 | 2.2% | £277,159 |
| April 2017 | 9.2% | £271,122 |
| April 2016 | 17.1% | £248,304 |
| April 2015 | 6.8% | £212,108 |
| April 2014 | 12% | £198,608 |
| April 2013 | 5.3% | £177,395 |
| April 2012 | -2.1% | £168,524 |
| April 2011 | -1.9% | £172,119 |
| April 2010 | 6.7% | £175,465 |
| April 2009 | -14% | £164,470 |
| April 2008 | 0.9% | £191,249 |
| April 2007 | 0% | £189,534 |
The current average rental value in the postcode is £1,167.
The ME5 9ET Rental Market has increased by 58.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.8% | £1,167pcm |
| April 2025 | 4.4% | £1,135pcm |
| April 2024 | 10.4% | £1,087pcm |
| April 2023 | 8% | £984pcm |
| April 2022 | 8.2% | £911pcm |
| April 2021 | 5.6% | £842pcm |
| April 2020 | 2.9% | £797pcm |
| April 2019 | 2.4% | £775pcm |
| April 2018 | -0.6% | £757pcm |
| April 2017 | 3.1% | £761pcm |
| April 2016 | 5.9% | £738pcm |
| April 2015 | 6.3% | £697pcm |
| April 2014 | 3.8% | £656pcm |
| April 2013 | 5.3% | £632pcm |
| April 2012 | 1.8% | £600pcm |
| April 2011 | 3.2% | £590pcm |
| April 2010 | 0.2% | £571pcm |
| April 2009 | -0.9% | £570pcm |
| April 2008 | 5.3% | £575pcm |
| April 2007 | 0% | £546pcm |
The last sale was on 1st March 2024 for £445,000 and since then the market in the area has increased by 0.2%. The postcode has had a total of 11 sales since 1995.
ME5 9ET has seen 2 sales in the last three years and no sales in the last twelve months.
ME5 9ET is the 239th largest and the 552nd most expensive postcode out of the 976 postcodes in the ME5 area.
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The recent census recorded whether a resident owned or rented their home.
In the area around ME5 9ET, 44.0% of property is privately owned outright and 35.8% is privately owned with a mortgage.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around ME5 9ET, 17.6% of residents are recorded as possessing school level qualifications and 23.2% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around ME5 9ET, the average age was 41 and the most common age was 52.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around ME5 9ET, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around ME5 9ET, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.