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House Prices in ME5

The average house price in ME5 (Chatham) is £308,785 using HM Land Registry data.

The average property price increased by £25,864 (6.98%) over the last 5 years and increased by £5,171 (1.32%) over the last 12 months.

Over the last year, there were 579 residential property sales – a decrease of 126 transactions (-21.76%) relative to the previous year. The majority of house sales (174) were in the £268,000 - £316,000 range. Then came properties in the £316,000 - £364,000 range, where 93 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 54 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,195 (-3%).

In Aug 2026, there were 141 new estate agency instructions, 81 agreed home sales and 40 property price reductions.

5-Year Average Property Prices in ME5 (Chatham)

6.98%

Property prices in ME5 (Chatham) increased by 6.98% 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 ME5 (Chatham) Over the Last Year

1.32%

Property prices in ME5 (Chatham) increased by 1.32% 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.

Property Market Heat Gauge for ME5 (Chatham) - Aug 2026

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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 ME5 (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 ME5 (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 ME5 (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 ME5 (Chatham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the ME5 postcode area since 1995.

Recent Sales in ME5 (Chatham)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
16 Concord Avenue, Horsted, Chatham, ME5 9TR	£285,000	£285,000	£0	02 Mar 2026	24 Jul 2026	144 Days
22 Emily Road, Princes Park, Chatham, ME5 7LF	£215,000	£206,000	-£9,000	14 May 2026	22 Jul 2026	69 Days
17 Mead Green, Lordswood, Chatham, ME5 8PB	£325,000	£310,000	-£15,000	09 Feb 2026	17 Jul 2026	158 Days
4 Burma Way, Wayfield, Chatham, ME5 0JJ	£315,000	£315,000	£0	08 Sep 2025	15 Jul 2026	310 Days
41 Scotby Avenue, Walderslade, Chatham, ME5 8ER	£525,000	£515,000	-£10,000	10 Feb 2026	15 Jul 2026	155 Days
5 Beacon Road, Chatham, ME5 7BW	£290,000	£285,000	-£5,000	18 Sep 2025	10 Jul 2026	295 Days
7 Sadlers Close, Chatham, ME5 9RR	£550,000	£545,000	-£5,000	22 Jul 2025	10 Jul 2026	353 Days
71 Settington Avenue, Wayfield, Chatham, ME5 0AG	£260,000	£260,000	£0	02 Dec 2025	10 Jul 2026	220 Days
172 Robin Hood Lane, Walderslade, Chatham, ME5 9LA	£650,000	£625,000	-£25,000	26 Jan 2026	30 Jun 2026	155 Days
73 Highgrove Road, Princes Park, Chatham, ME5 7SF	£400,000	£400,000	£0	31 Mar 2026	26 Jun 2026	87 Days
17 Kempton Close, Lordswood, Chatham, ME5 8PW	£400,000	£400,000	£0	03 Mar 2026	25 Jun 2026	114 Days
110 Walderslade Road, Walderslade, Chatham, ME5 0LL	£750,000	£720,000	-£30,000	10 Apr 2026	15 Jun 2026	66 Days
25 Mincers Close, Lordswood, Chatham, ME5 8QH	£300,000	£300,000	£0	16 Jan 2026	12 Jun 2026	147 Days
12 Scarlett Close, Lordswood, Chatham, ME5 8LE	£320,000	£320,000	£0	27 Dec 2025	12 Jun 2026	167 Days
20 Carlton Crescent, Chatham, ME5 7PH	£300,000	£290,000	-£10,000	16 Dec 2025	05 Jun 2026	171 Days
33 Bentley Close, Lordswood, Chatham, ME5 8UH	£280,000	£280,000	£0	10 Dec 2025	05 Jun 2026	177 Days
97a, Upper Luton Road, Luton, Chatham, ME5 7BJ	£235,000	£230,000	-£5,000	20 Jan 2026	05 Jun 2026	136 Days
69 Thorold Road, Luton, Chatham, ME5 7EB	£210,000	£205,000	-£5,000	01 Apr 2026	29 May 2026	58 Days
43 Emily Road, Princes Park, Chatham, ME5 7LF	£325,000	£325,000	£0	05 Dec 2025	29 May 2026	175 Days
220 Churchill Avenue, Wayfield, Chatham, ME5 0JS	£320,000	£320,000	£0	16 Jan 2026	29 May 2026	133 Days

Most Expensive Streets in ME5 (Chatham)

Postcode	Street	Area	Average	No. of Sales
ME5 8JP	Lordswood Lane, Lordswood	Chatham	£980,000	3
ME5 9RD	Warren Road	Chatham	£954,490	5
ME5 9JB	Cossington Road	Chatham	£860,000	3
ME5 9LY	Podkin Wood	Chatham	£768,750	4
ME5 9LA	Robin Hood Lane, Walderslade	Chatham	£685,000	3
ME5 9NJ	Robin Hood Lane, Walderslade	Chatham	£630,000	6
ME5 9JX	Woodlands, Boxley	Chatham	£621,250	4
ME5 8JZ	Barleymow Close, Lordswood	Chatham	£604,285	7
ME5 8JY	Ryegrass Close, Lordswood	Chatham	£598,333	3
ME5 8PU	Lambourn Way, Lordswood	Chatham	£598,333	3

Least Expensive Streets in ME5 (Chatham)

Postcode	Street	Area	Average	No. of Sales
ME5 7DU	Chatham Hill, Luton	Chatham	£70,000	3
ME5 7AT	Samuels Tower, Longhill Avenue	Chatham	£75,300	5
ME5 7NN	Kingsdale Court, Hopewell Drive	Chatham	£92,333	27
ME5 8TJ	Sultan Road, Lordswood	Chatham	£94,815	13
ME5 7PX	Dove Close, Princes Park	Chatham	£104,571	14
ME5 7TY	Capstone Road, Lordswood	Chatham	£104,636	11
ME5 7RN	Appollo House, Illustrious Close	Chatham	£112,166	3
ME5 7BL	Beacon Road	Chatham	£137,000	6
ME5 7BT	Beacon Road	Chatham	£141,125	4
ME5 9GJ	Woodlands Court, Walderslade Road	Chatham	£146,695	23