House Prices in ME4 House Prices in ME4 (Chatham)

The average house price in ME4 (Chatham) is £299,500 using HM Land Registry data.

The average property price increased by £69,494 (24.75%) over the last 5 years and increased by £13,925 (3.77%) over the last 12 months.

Over the last year, there were 198 residential property sales – a decrease of 105 transactions (-53.03%) relative to the previous year. The majority of house sales (60) were in the £198,000 - £246,000 range. Then came properties in the £246,000 - £294,000 range, where 34 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 62 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,820 (-1%).

In Oct 24, there were 83 new estate agency instructions, 55 agreed home sales and 32 property price reductions.

5-Year Average Property Prices in ME4 (Chatham)

24.75%

Property prices in Chatham increased by 24.75% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in ME4 (Chatham) Over the Last Year

3.77%

Property prices in Chatham increased by 3.77% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for ME4 (Chatham) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in ME4 (Chatham)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in ME4 (Chatham)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in ME4 (Chatham)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the ME4 (Chatham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the ME4 postcode area since 1995.

Recent Sales in ME4 (Chatham)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
13 Lansdowne Road, Chatham, Medway, ME4 6LH£325,000£322,000-£3,00005 Apr 202408 Aug 2024125 Days
127 Fort Pitt Street, Chatham, Medway, ME4 6SS£130,000£127,500-£2,50029 Aug 202331 Jul 2024337 Days
4 Christopher Road, Chatham, Medway, ME4 5NQ£350,000£350,000£0020 Jan 202425 Jul 2024187 Days
4 Park Crescent, Chatham, Medway, ME4 6NR£625,000£580,000-£45,00024 Jul 202323 Jul 2024365 Days
26 Woodrush Place, St Marys Island, Chatham, Medway, ME4 3BB£650,000£635,000-£15,00005 Feb 202411 Jul 2024157 Days
135 Charter Street, Chatham, Medway, ME4 5RY£220,000£215,000-£5,00016 Jan 202401 Jul 2024167 Days
28 Lawn Close, Chatham, Medway, ME4 5DP£280,000£260,000-£20,00015 Feb 202428 Jun 2024134 Days
Sunningdale, Albert Road, Chatham, Medway, ME4 5PZ£180,000£165,000-£15,00012 Mar 202425 Jun 2024105 Days
29 The Ridgeway, Chatham, Medway, ME4 6PD£850,000£850,000£0013 May 202314 Jun 2024398 Days
4 Rochester Street, Chatham, Medway, ME4 6RP£225,000£225,000£0027 Feb 202431 May 202494 Days
Flat 2, The Eye, Barrier Road, Chatham, Medway, ME4 4SD£239,995£225,000-£14,99509 Sep 202329 May 2024263 Days
19 Rivermead, St Marys Island, Chatham, Medway, ME4 3JR£400,000£385,000-£15,00017 Nov 202328 May 2024193 Days
82 Castle Road, Chatham, Medway, ME4 5HX£200,000£200,000£0010 Jul 202323 May 2024318 Days
129 Gordon Road, Chatham, Medway, ME4 5LX£240,000£228,000-£12,00011 Sep 202316 May 2024248 Days
47 Phalarope Way, St Marys Island, Chatham, Medway, ME4 3JN£195,000£194,360-£64009 Jan 202416 May 2024128 Days
106 Mount Road, Chatham, Medway, ME4 5RR£190,000£172,500-£17,50007 Sep 202314 May 2024250 Days
36 Watersmeet, St Marys Island, Chatham, Medway, ME4 3HB£229,995£227,995-£2,00016 Oct 202301 May 2024198 Days
20 Elmhurst Gardens, Chatham, Medway, ME4 6UL£350,000£350,000£0027 Jan 202426 Apr 202490 Days
11 Woodlark Road, St Marys Island, Chatham, Medway, ME4 3NU£459,995£440,000-£19,99526 May 202319 Apr 2024329 Days
2 Ingle Road, Chatham, Medway, ME4 5SE£250,000£245,000-£5,00001 Oct 202319 Apr 2024201 Days

Most Expensive Streets in ME4 (Chatham)

PostcodeStreetAreaAverageNo. of Sales
ME4 6JGMaidstone RoadChatham£775,0004
ME4 6JLMaidstone RoadChatham£732,5004
ME4 6PDThe RidgewayChatham£655,85010
ME4 3BBWoodrush Place, St Marys IslandChatham£571,6663
ME4 6EWMaidstone RoadChatham£550,8333
ME4 6HZPrimrose CloseChatham£539,4274
ME4 6NRPark CrescentChatham£530,4005
ME4 3NXRedshank Road, St Marys IslandChatham£528,7005
ME4 6NPLetchworth AvenueChatham£518,3333
ME4 3AZSandling Way, St Marys IslandChatham£511,8336

Least Expensive Streets in ME4 (Chatham)

PostcodeStreetAreaAverageNo. of Sales
ME4 4PGHigh StreetChatham£75,73318
ME4 5DSConnaught MewsChatham£100,2504
ME4 4PLArches ViewChatham£107,3333
ME4 5ABLuton RoadChatham£112,3754
ME4 4ERMedia House, High Street, ChathamChatham£115,0004
ME4 6BWBerkeley MountChatham£124,1663
ME4 4EPHigh StreetChatham£124,3333
ME4 6SXFort Pitt StreetChatham£124,3333
ME4 5BPLuton RoadChatham£133,7504
ME4 6AUManor RoadChatham£134,8754

Explore ME4 (Chatham) using map