Forest Drive - ME5 9PL
Key Postcode Insights
ME5 9PL is a residential postcode situated on Forest Drive, Chatham, ME5 with 6 addresses.
It ranks as the 127th largest and 648th most expensive of the 976 postcodes in the ME5 area.
The postcode contains a total of 6 properties: 6 houses.
- Ave. Sale Price
- £351,895
- 10 Year change
- up 32.3%
- Ave. Rental Price
- £1,447pcm
- 10 Year change
- up 58.2%
- Ave. £ per ft²
- £373/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Key Postcode Insights
ME5 9PL is a residential postcode situated on Forest Drive, Chatham, ME5 with 6 addresses.
It ranks as the 127th largest and 648th most expensive of the 976 postcodes in the ME5 area.
The postcode contains a total of 6 properties: 6 houses.
- Ave. Sale Price
- £351,895
- 10 Year change
- up 32.3%
- Ave. Rental Price
- £1,447pcm
- 10 Year change
- up 58.2%
- Ave. £ per ft²
- £373/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Explore Propertiesin ME5 9PL
- 3 Forest Drive
Unknown
- 5 Forest Drive
Unknown
- 7 Forest Drive
Unknown
- 9 Forest Drive
Unknown
- 11 Forest Drive
Unknown
Sales Market Trends
The last sale in ME5 9PL sold for £125,000 on 8th March 2002. Since then prices are down an average of 0.0%.
The current average value in the postcode is £351,895.
The ME5 9PL Sales Market has increased by 32.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.1% | £351,895 |
| June 2025 | 1.6% | £351,675 |
| June 2024 | -2.4% | £346,164 |
| June 2023 | -0.2% | £354,626 |
| June 2022 | 11.5% | £355,457 |
| June 2021 | 6.8% | £318,919 |
| June 2020 | 3.6% | £298,531 |
| June 2019 | -0.7% | £288,148 |
| June 2018 | 1.5% | £290,287 |
| June 2017 | 7.6% | £286,123 |
| June 2016 | 16.6% | £265,951 |
| June 2015 | 9.1% | £228,082 |
| June 2014 | 10.6% | £209,143 |
| June 2013 | 5.8% | £189,084 |
| June 2012 | -1.4% | £178,663 |
| June 2011 | -1.2% | £181,224 |
| June 2010 | 9.1% | £183,447 |
| June 2009 | -11.2% | £168,157 |
| June 2008 | -2.9% | £189,376 |
| June 2007 | 0% | £195,070 |
Rental Market Trends
The current average rental value in the postcode is £1,447.
The ME5 9PL Rental Market has increased by 58.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £1,447pcm |
| June 2025 | 3.8% | £1,411pcm |
| June 2024 | 7.9% | £1,359pcm |
| June 2023 | 10.9% | £1,259pcm |
| June 2022 | 8% | £1,136pcm |
| June 2021 | 5.9% | £1,052pcm |
| June 2020 | 2.4% | £993pcm |
| June 2019 | 3.1% | £970pcm |
| June 2018 | -0.2% | £940pcm |
| June 2017 | 3% | £942pcm |
| June 2016 | 6.1% | £915pcm |
| June 2015 | 7.3% | £862pcm |
| June 2014 | 3.9% | £803pcm |
| June 2013 | 3.2% | £773pcm |
| June 2012 | 3.2% | £750pcm |
| June 2011 | 4% | £727pcm |
| June 2010 | 4% | £699pcm |
| June 2009 | -1.5% | £671pcm |
| June 2008 | 4.3% | £681pcm |
| June 2007 | 0% | £653pcm |
Sales History
The last sale was on 8th March 2002 for £125,000 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
ME5 9PL has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
ME5 9PL is the 127th largest and the 648th most expensive postcode out of the 976 postcodes in the ME5 area.
- ME5 9NZ, Forest Drive, Chatham, ME5ME5 9NZ9 Addresses|39 m away
- ME5 9NY, Forest Drive, Chatham, ME5ME5 9NY1 Addresses|51 m away
- ME5 9PA, Friars Avenue, Chatham, ME5ME5 9PA10 Addresses|64 m away
- ME5 9PN, Polhill Drive, Chatham, ME5ME5 9PN19 Addresses|84 m away
- ME5 9NW, Olliffe Close, Chatham, ME5ME5 9NW3 Addresses|84 m away
Property Types
- 6 other addresses of unknown type
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The most common rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Mar 2023£385,000 | 3 Bed House17, Forest Drive, Chatham, ME5 9PH17, Forest Drive, Chatham, ME5 9PH
- Sold Apr 2026£355,000 | 3 Bed House16, Forest Drive, Chatham, ME5 9NZ16, Forest Drive, Chatham, ME5 9NZ
- Sold Jan 2021£285,000 | 3 Bed House19, Forest Drive, Chatham, ME5 9PH19, Forest Drive, Chatham, ME5 9PH
Schools Nearby
- Tunbury Primary School300 m away
- Walderslade Primary School800 m away
- Lordswood School1.1 km away
- Greenacre School1.6 km away
- Walderslade School1.7 km away
- Holcombe Grammar School3.4 km away
More reading links
Public Transport Nearby
The closest station to ME5 9PL is Chatham station, which is 5.0 kilometres away.
- Chatham|5.0 km away
- Snodland|5.3 km away
- New Hythe|5.4 km away
- Aylesford|5.5 km away