Chatham House Prices Chatham House Prices

The average house price in Chatham is £305,027 using HM Land Registry data.

The average property price increased by £47,249 (17.81%) over the last 5 years and increased by £9,467 (3.12%) over the last 12 months.

Over the last year, there were 725 residential property sales – a decrease of 97 transactions (-13.38%) relative to the previous year. The majority of house sales (183) were in the £232,000 - £284,000 range. Then came properties in the £284,000 - £336,000 range, where 158 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 183 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,219 (-2%).

In March 2025, there were 151 new estate agency instructions, 123 agreed home sales and 77 property price reductions.

5-Year Average Property Prices in Chatham

17.81%

Property prices in Chatham increased by 17.81% 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 Chatham Over the Last Year

3.12%

Property prices in Chatham increased by 3.12% 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 Chatham - March 2025

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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 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 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 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 Chatham since 1995

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

Recent Property Sales in Chatham

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
36 St Leonards Avenue, Chatham, Medway, ME4 6HE£240,000£240,000£003 Oct 202426 Feb 2025146 Days
8 Redbridge Close, Chatham, Medway, ME5 8YR£280,000£270,000-£10,00001 Jul 202414 Feb 2025228 Days
33 Heritage Road, Chatham, Medway, ME5 7SQ£285,000£280,000-£5,00020 Nov 202413 Feb 202585 Days
9 Hepplewhite Mews, Chatham, Kent, ME5 9ED£280,000£275,000-£5,00019 Aug 202407 Feb 2025172 Days
104 Mount Road, Chatham, Medway, ME4 5RR£270,000£270,000£018 Sep 202407 Feb 2025142 Days
31 Elm Avenue, Chatham, Medway, ME4 6ER£290,000£277,000-£13,00001 Aug 202407 Feb 2025190 Days
7 Woodbury Road, Chatham, Kent, ME5 9HS£500,000£487,000-£13,00026 Apr 202406 Feb 2025286 Days
30 Resolution Close, Chatham, Medway, ME5 7RJ£230,000£229,000-£1,00023 Sep 202406 Feb 2025136 Days
11 Raleigh Close, Chatham, Medway, ME5 7SB£240,000£228,500-£11,50008 Aug 202431 Jan 2025176 Days
1 Quinion Close, Chatham, Kent, ME5 9JS£290,000£285,000-£5,00006 Jul 202430 Jan 2025208 Days
2a, Sussex Drive, Chatham, Medway, ME5 0NJ£300,000£285,000-£15,00002 Sep 202429 Jan 2025149 Days
11 Kings Road, Chatham, Medway, ME5 7JY£220,000£220,000£017 Aug 202427 Jan 2025163 Days
16 Church Terrace, Chatham, Medway, ME5 7JP£230,000£230,000£030 Aug 202427 Jan 2025150 Days
30 Mayford Road, Chatham, Medway, ME5 8QZ£360,000£360,000£007 Aug 202427 Jan 2025173 Days
13 Chippendale Close, Chatham, Kent, ME5 9EF£325,000£315,000-£10,00027 Aug 202424 Jan 2025150 Days
32 King George Road, Chatham, Medway, ME5 0TX£375,000£350,000-£25,00029 Jul 202424 Jan 2025179 Days
19 Dunkirk Drive, Chatham, Medway, ME5 0JE£340,000£332,000-£8,00019 Aug 202424 Jan 2025158 Days
13 Park Crescent, Chatham, Medway, ME4 6NR£550,000£535,000-£15,00006 Jul 202423 Jan 2025201 Days
1 Pyrus Close, Chatham, Kent, ME5 9QF£300,000£300,000£021 Jun 202420 Jan 2025213 Days
2 Gentian Close, Chatham, Medway, ME5 0RP£260,000£260,000£019 Jul 202417 Jan 2025182 Days

Most Expensive Streets in Chatham

PostcodeStreetAreaAverageNo. of Sales
ME5 9FGOak GardensBlue Bell Hill£939,0005
ME5 9JBCossington RoadChatham£825,0003
ME4 6JGMaidstone RoadChatham£805,0003
ME7 3AZBanksview DriveHempstead£730,45411
ME4 6PDThe RidgewayChatham£689,8128
ME5 9LYPodkin WoodChatham£681,2504
ME5 9SBRochester RoadChatham£638,3333
ME5 9ABManor GardensWalderslade£635,0003
ME5 7HLHunters Way WestChatham£631,2504
ME5 9NJRobin Hood LaneWalderslade£630,0006

Least Expensive Streets in Chatham

PostcodeStreetAreaAverageNo. of Sales
ME4 4PGHigh StreetChatham£73,92718
ME5 8TJSultan RoadChatham£91,87315
ME5 7RNApollo HouseIllustrious Close£92,3754
ME5 7NNKingsdale CourtHopewell Drive£96,95624
ME4 5DSConnaught MewsChatham£100,2504
ME5 7TYEdward CourtChatham£100,50010
ME5 7PXDove CloseChatham£103,16212
ME4 4PLArches ViewChatham£107,3333
ME4 4ERMedia HouseHigh Street, Chatham£110,0003
ME5 7NRGlenwood CloseChatham£120,8333

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