Key Street Insights
Somerset Close is a residential street with 83 addresses.
It ranks as the 527th largest and 82nd most expensive of the 578 streets in the ME5 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 83 properties: 30 houses, 37 flats and 16 other properties.
- Ave. Sale Price
- £198,656
- 10 Year change
- up 28.9%
- Ave. Rental Price
- £1,135pcm
- 10 Year change
- up 46.6%
- Ave. £ per ft²
- £263/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Key Street Insights
Somerset Close is a residential street with 83 addresses.
It ranks as the 527th largest and 82nd most expensive of the 578 streets in the ME5 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 83 properties: 30 houses, 37 flats and 16 other properties.
- Ave. Sale Price
- £198,656
- 10 Year change
- up 28.9%
- Ave. Rental Price
- £1,135pcm
- 10 Year change
- up 46.6%
- Ave. £ per ft²
- £263/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Explore Properties on Somerset Close, Chatham, ME5
- Block A
Modern Building | 5 Units
- Block B
Modern Building | 5 Units
- 1 Somerset Close
2 Bed Mid-century Flat
- 2 Somerset Close
3 Bed Mid-century House
- 3 Somerset Close
2 Bed Mid-century Flat
Sales Market Trends
The last sale on Somerset Close sold for £238,000 on 20th December 2024. Since then prices are down an average of 0.4%.
The current average value in the street is £198,656.
The Somerset Close Sales Market has increased by 28.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -0.4% | £198,656 |
| July 2025 | 1.9% | £199,494 |
| July 2024 | -2.9% | £195,756 |
| July 2023 | -1.1% | £201,601 |
| July 2022 | 12.8% | £203,742 |
| July 2021 | 5.1% | £180,558 |
| July 2020 | 3.8% | £171,855 |
| July 2019 | -0.1% | £165,592 |
| July 2018 | 2.3% | £165,782 |
| July 2017 | 5.2% | £162,050 |
| July 2016 | 19.2% | £154,069 |
| July 2015 | 7.4% | £129,275 |
| July 2014 | 12.9% | £120,345 |
| July 2013 | 0.3% | £106,631 |
| July 2012 | 0.4% | £106,361 |
| July 2011 | -2.8% | £105,885 |
| July 2010 | 7.6% | £108,912 |
| July 2009 | -13.6% | £101,197 |
| July 2008 | -4% | £117,069 |
| July 2007 | 0% | £121,946 |
Rental Market Trends
The current average rental value in the street is £1,135.
The Somerset Close Rental Market has increased by 46.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 1.5% | £1,135pcm |
| July 2025 | 3.1% | £1,118pcm |
| July 2024 | 4.5% | £1,084pcm |
| July 2023 | 11.6% | £1,038pcm |
| July 2022 | 9.9% | £930pcm |
| July 2021 | 6.7% | £846pcm |
| July 2020 | 1.9% | £793pcm |
| July 2019 | 0.6% | £779pcm |
| July 2018 | 0% | £774pcm |
| July 2017 | 0% | £774pcm |
| July 2016 | 7.8% | £774pcm |
| July 2015 | 9.3% | £718pcm |
| July 2014 | 2.6% | £657pcm |
| July 2013 | 1.3% | £640pcm |
| July 2012 | 2.8% | £632pcm |
| July 2011 | 4.2% | £615pcm |
| July 2010 | 2.1% | £591pcm |
| July 2009 | -4.3% | £579pcm |
| July 2008 | 2.7% | £604pcm |
| July 2007 | 0% | £589pcm |
Sales History
The last recorded sale was on 20th December 2024 for £238,000 and since then the market in the area has decreased by 0.4%.
Somerset Close, Chatham, ME5 has had 3 sales since 1995, with 3 in the last three years and none in the last twelve months.
- Sold Dec 2024£238,000 | 3 Bed House34, Somerset Close, Chatham, ME5 7SN34, Somerset Close, Chatham, ME5 7SN
- Sold May 2024£245,000 | 4 Bed House60, Somerset Close, Chatham, ME5 7SW60, Somerset Close, Chatham, ME5 7SW
- Sold Feb 2024£275,000 | 3 Bed House40, Somerset Close, Chatham, ME5 7SW40, Somerset Close, Chatham, ME5 7SW
Top 3 Most Expensive Sales
- Sold Feb 2024£275,000 | 3 Bed House40, Somerset Close, Chatham, ME5 7SW40, Somerset Close, Chatham, ME5 7SW
- Sold May 2024£245,000 | 4 Bed House60, Somerset Close, Chatham, ME5 7SW60, Somerset Close, Chatham, ME5 7SW
- Sold Dec 2024£238,000 | 3 Bed House34, Somerset Close, Chatham, ME5 7SN34, Somerset Close, Chatham, ME5 7SN
Nearby Streets
Somerset Close, Chatham, ME5 is the 527th largest and the 82nd most expensive street in the ME5 area.
- Wiltshire Close, Chatham, ME594 Addresses|129 m away
- Hopewell Business Centre, Chatham, ME511 Addresses|149 m away
- Berkshire Close, Chatham, ME527 Addresses|187 m away
- Devon Close, Chatham, ME560 Addresses|206 m away
- Ventnor Close, Chatham, ME510 Addresses|268 m away
- Shanklin Close, Chatham, ME576 Addresses|272 m away
Sections of this street
There are 3 postcodes on Somerset Close, Chatham, ME5.
- House prices in ME5 7SL5 Addresses
- House prices in ME5 7SW26 Addresses
- House prices in ME5 7SN52 Addresses
Property Types
- 10 modern flats built after 1980
- 28 mid-century houses built between 1936 and 1979
- 27 mid-century flats built between 1936 and 1979
- 2 early-century houses built between 1912 and 1935
- 16 other addresses of unknown type
- modern flat (10)
- mid-century house (28)
- mid-century flat (27)
- early-century house (2)
- Unknown (16)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 67 properties.
- The most common rating is C.
- A (0)
- E (2)
- B (10)
- F (0)
- C (46)
- G (0)
- D (9)
- No EPC (16)
Schools Nearby
- Kingfisher Community Primary School500 m away
- Luton Primary School1.0 km away
- Wayfield Primary School1.2 km away
- The Victory Academy1.2 km away
- Chatham Grammar1.2 km away
- Holcombe Grammar School1.9 km away
More reading links
Public Transport Nearby
The closest station to Somerset Close, Chatham, ME5 is Chatham station, which is 2.6 kilometres away.
- Chatham|2.6 km away
- Gillingham (Kent)|2.7 km away
- Rochester|3.6 km away