Chaucer Road - ME7 5LU
Key Postcode Insights
ME7 5LU is a residential postcode situated on Chaucer Road, Gillingham, ME7 with 31 addresses.
It ranks as the 672nd largest and 341st most expensive of the 961 postcodes in the ME7 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 31 properties: 31 houses.
- Ave. Sale Price
- £235,342
- 10 Year change
- up 36.1%
- Ave. Rental Price
- £1,272pcm
- 10 Year change
- up 55.2%
- Ave. £ per ft²
- £311/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Key Postcode Insights
ME7 5LU is a residential postcode situated on Chaucer Road, Gillingham, ME7 with 31 addresses.
It ranks as the 672nd largest and 341st most expensive of the 961 postcodes in the ME7 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 31 properties: 31 houses.
- Ave. Sale Price
- £235,342
- 10 Year change
- up 36.1%
- Ave. Rental Price
- £1,272pcm
- 10 Year change
- up 55.2%
- Ave. £ per ft²
- £311/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Explore Propertiesin ME7 5LU
- 86 Chaucer Road
3 Bed Period House
- 88 Chaucer Road
3 Bed Period House
- 90 Chaucer Road
3 Bed Period House
- 92 Chaucer Road
3 Bed Period House
- 94 Chaucer Road
3 Bed Period House
Sales Market Trends
The last sale in ME7 5LU sold for £225,000 on 28th June 2024. Since then prices are up an average of 3.2%.
The current average value in the postcode is £235,342.
The ME7 5LU Sales Market has increased by 36.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.7% | £235,342 |
| June 2025 | 4% | £237,096 |
| June 2024 | -4.6% | £227,981 |
| June 2023 | 1.3% | £238,926 |
| June 2022 | 14.1% | £235,959 |
| June 2021 | 5.3% | £206,805 |
| June 2020 | 3.6% | £196,383 |
| June 2019 | -0.9% | £189,578 |
| June 2018 | 3.5% | £191,341 |
| June 2017 | 6.9% | £184,861 |
| June 2016 | 20.8% | £172,903 |
| June 2015 | 8.2% | £143,111 |
| June 2014 | 11.7% | £132,308 |
| June 2013 | 0.1% | £118,438 |
| June 2012 | 2.1% | £118,364 |
| June 2011 | -2.2% | £115,980 |
| June 2010 | 9% | £118,626 |
| June 2009 | -16.5% | £108,825 |
| June 2008 | -1.5% | £130,340 |
| June 2007 | 0% | £132,297 |
Rental Market Trends
The current average rental value in the postcode is £1,272.
The ME7 5LU Rental Market has increased by 55.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.9% | £1,272pcm |
| June 2025 | 4.3% | £1,249pcm |
| June 2024 | 4.8% | £1,197pcm |
| June 2023 | 12.9% | £1,142pcm |
| June 2022 | 10.8% | £1,011pcm |
| June 2021 | 7.4% | £912pcm |
| June 2020 | 1.4% | £849pcm |
| June 2019 | 0.5% | £837pcm |
| June 2018 | 1.1% | £833pcm |
| June 2017 | 0.5% | £824pcm |
| June 2016 | 9.7% | £820pcm |
| June 2015 | 9.7% | £748pcm |
| June 2014 | 2.2% | £681pcm |
| June 2013 | 2.6% | £667pcm |
| June 2012 | 4.3% | £650pcm |
| June 2011 | 4.4% | £623pcm |
| June 2010 | 1.7% | £597pcm |
| June 2009 | -4% | £587pcm |
| June 2008 | 3.2% | £612pcm |
| June 2007 | 0% | £593pcm |
Sales History
The last sale was on 28th June 2024 for £225,000 and since then the market in the area has increased by 3.2%. The postcode has had a total of 65 sales since 1995.
ME7 5LU has seen 4 sales in the last three years and no sales in the last twelve months.
- Sold Jun 2024£225,000 | 3 Bed House142, Chaucer Road, Gillingham, ME7 5LU142, Chaucer Road, Gillingham, ME7 5LU
- Sold Apr 2024£220,000 | 3 Bed House92, Chaucer Road, Gillingham, ME7 5LU92, Chaucer Road, Gillingham, ME7 5LU
- Sold Nov 2023£235,000 | 3 Bed House112, Chaucer Road, Gillingham, ME7 5LU112, Chaucer Road, Gillingham, ME7 5LU
- Sold Jun 2023£245,000 | 3 Bed House100, Chaucer Road, Gillingham, ME7 5LU100, Chaucer Road, Gillingham, ME7 5LU
- Sold Jun 2022£235,000 | 3 Bed House118, Chaucer Road, Gillingham, ME7 5LU118, Chaucer Road, Gillingham, ME7 5LU
Nearby Postcodes
ME7 5LU is the 672nd largest and the 341st most expensive postcode out of the 961 postcodes in the ME7 area.
- ME7 5LT, Chaucer Road, Gillingham, ME7ME7 5LT30 Addresses|24 m away
- ME7 5NF, Jezreels Road, Gillingham, ME7ME7 5NF26 Addresses|62 m away
- ME7 5LR, Milton Road, Gillingham, ME7ME7 5LR48 Addresses|69 m away
- ME7 5LS, Rainham Road, Gillingham, ME7ME7 5LS13 Addresses|83 m away
- ME7 5ND, St. Johns Road, Gillingham, ME7ME7 5ND1 Addresses|85 m away
Property Types
- 27 period houses built between 1800 and 1911
- 4 other addresses of unknown type
- period house (27)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 27 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (0)
- C (3)
- G (0)
- D (21)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Sep 2022£273,500 | 3 Bed House53, Chaucer Road, Gillingham, ME7 5LX53, Chaucer Road, Gillingham, ME7 5LX
- Sold Aug 2022£271,000 | 3 Bed House64, Chaucer Road, Gillingham, ME7 5LY64, Chaucer Road, Gillingham, ME7 5LY
- Sold Sep 2022£260,000 | 3 Bed House83, Chaucer Road, Gillingham, ME7 5LX83, Chaucer Road, Gillingham, ME7 5LX
Schools Nearby
- Byron Primary School300 m away
- Luton Primary School600 m away
- Napier Community Primary and Nursery Academy800 m away
- Chatham Grammar200 m away
- The Robert Napier School900 m away
- Brompton Academy1.1 km away
More reading links
Public Transport Nearby
The closest station to ME7 5LU is Gillingham (Kent) station, which is 1.3 kilometres away.
- Gillingham (Kent)|1.3 km away
- Chatham|2.1 km away
- Rochester|3.0 km away
- Strood (Kent)|4.2 km away
