Property profile

7 Nelson Terrace

Map showing 7 Nelson Terrace, Chatham

Property Price
150k200k250k300k400k500k750k1.5M

Estimated sale price

£215,000

Terraced sold in Luton

The box shows the middle 50% of terraced sale prices, the whiskers show the 5th to 95th percentile, and the marker shows this property's estimated price.

Half of similar homes sold within the box; most sold within the wider line.

An indicative model estimate, not a survey or formal valuation.

This property vs market

Last sold26 Sept 2022
£210,000Change since last sale: +£5,000 (+2.4%)
Annualised change
+0.6% per yearMedway annualised change (terraced) since 2022: +0.8% per yearThis property's value is moving in line with the market
Price per sq ftLocal median £277 per sq ft
£399 per sq ftEstimate vs local median: +£122 per sq ft (+44%)
Local sold pricesMedian for terraced in Luton
£230,000Estimate vs local median: −£15,000 (−6.5%)
How this estimate is calculated

Area360's automated valuation uses available property details, recorded sales and local market data to estimate a sale price. This automated estimate is a guide, not a survey, mortgage valuation or formal valuation. See the valuation methodology and limitations.

Estimate calculated .

Property facts

Property typeBungalow / Mid-Terrace
TenureFreehold
Construction period1950-1966
Floor area50 m² / 538 sq ft
Rooms2 habitable / 2 heated
EPC ratingD
EPC inspection31 Mar 2022

Sales history

DatePriceChange
26 Sept 2022£210,000+20%
16 Dec 2019£175,000+94%
31 Jul 2002£90,000+221%
12 Apr 1996£28,000-

Local market

Property prices in Luton

Median price: £237,500
Price per sq ft: £286
Sales (last 12 months): 70
Typical range (middle 50%): £193K – £281K

Based on 70 recent sales, the median property price is £237,500 (about £286 per square foot) in Luton area, with individual transactions ranging from £59,000 up to £480,000.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in Luton over the last year.
TypeSalesMedian£/sq ft
Detached6£355,000£312
Semi-Detached20£287,000£353
Terraced32£230,000£277
Flats12£118,750£215

10-year price trendmedian sale price in Luton

Sale price

Ten year median sale price trend for each property type in Luton.
YearDetachedFlatsSemi-DetachedTerraced
2016£265,750£110,000£205,000£168,000
2017£245,000£114,000£216,000£173,000
2018£309,000£119,500£235,000£180,000
2019£263,500£120,000£225,000£175,000
2020£285,000£108,500£246,250£175,000
2021£314,000£135,000£245,000£205,000
2022£350,000£132,500£281,113£230,000
2023£385,000£138,250£268,500£231,500
2024£335,000£98,250£265,275£226,250
2025£390,000£125,000£265,000£220,000
2026£245,000£90,000£285,000£236,500
Ten year median sale price trend for each property type in Luton.

Price per sq ft

Ten year median sale price per square foot trend for each property type in Luton.
YearDetachedFlatsSemi-DetachedTerraced
2016£297£259£252£201
2017£267£250£296£215
2018£313£232£277£215
2019£294£230£266£220
2020£318£203£282£217
2021£316£264£292£243
2022£345£273£347£272
2023£354£244£359£274
2024£355£223£341£266
2025£312£232£359£275
2026£288£205£344£282
Ten year median sale price per square foot trend for each property type in Luton.

Price distribution by property typelast 12 months

Price distribution by property type for Luton in the last year.

Recent sales

There were 50+ recent sold properties in the last 18 months near ME5 7LA.

Recent sold properties in the last 18 months near ME5 7LA
DateAddressTypeTenurePriceMap
19 Jun 202549, Luton High Street, Chatham, ME5 7LPSemi-DetachedFreehold£260,000
25 Nov 20256, Edward Court, Chatham, ME5 7TYFlatsLeasehold£150,000
09 Jul 202543, Edward Court, Chatham, ME5 7TYFlatsLeasehold£90,000
17 Apr 20263, Capstone Road, Chatham, ME5 7NHTerracedFreehold£300,000
19 Sept 202553A, Queens Road, Chatham, ME5 7JSDetachedFreehold£390,000

Other properties at this postcode

Area insights for ME5 7LA

Full area profile →

Overview

Postcode ME5 7LA is located in an urban city, within the Luton area of Medway in the South East region, and forms part of the Luton area. It has very high deprivation and very high crime levels, with around 120.5 crimes per 1,000 residents per year, roughly 1.4× the South East average of 84 per 1,000. The average income per household in Luton is £46,744 per year. The median sale price in Luton is £237,500 (around £286 per square foot), with typical sale prices between £192,500 and £281,250. The nearest station is Gillingham (Kent), about 1.2 miles away. There are 9 primary and 3 secondary schools in the area. There are 2 parks nearby, the closest large park is Luton Recreation Ground.

Crime rate
9/10
Crimes per 1k residents
121
Deprivation level
9/10
Income level
1/10
Social housing
24.4%
Connectivity
N/A
Flood Risk
No risk
Noise Level
No noise

Deprivation level

9/10

Luton has a very high level of deprivation, ranked at position 3,825 out of 32,844 areas in England, placing it within the top 12% most deprived areas in England.

Crime level

9/10

Luton has a very high crime rate, with approximately 120.5 reported incidents per 1,000 population each year.

Social housing

24.4%

Approximately 24.4% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 18.3% of dwellings are socially rented.

Income level

1/10

The average income per household in Luton is £46,744 per year.

Noise Level

No noise

No significant noise sources from railways or roads near ME5 7LA.

Flood risk

No risk

Luton near ME5 7LA has no flood risk (less than 0.1% chance of a flood each year) from rivers and sea.

Transport

The nearest station is Gillingham (Kent) located about 1.2 miles away. There are no other stations nearby.

Parks

Nearby parks and green spaces for ME5 7LA
DistanceNameSizeDirections
0.2 miLuton Recreation GroundLargeWalking directions to Luton Recreation Ground
0.5 miLuton Millennium GreenSmallWalking directions to Luton Millennium Green

Area Profile

Population
276
Population density
9,683.1 per km²

Crime

Crime per 1,000 population

Violence and sexual offences
73.14(+131%)
Anti-social behaviour
23.99(+95%)
Criminal damage and arson
14.04(+118%)
Vehicle crime
8.19(+121%)
Other theft
7.61(+36%)
South East average

Demographics

Ethnic groups

British
199
72.63%
African
23
8.39%
Other White
20
7.3%
Chinese
5
1.82%
Pakistani
5
1.82%
Total population: 274

Economics

Education (age 16+)

No qualifications
70
30.17%
Level 4+ (Degree)
47
20.26%
Level 2 (GCSEs 9-4)
37
15.95%
Level 3 (A level)
35
15.09%
Level 1 (GCSEs 3-1)
30
12.93%
Total 16+ residents: 232

Housing

Housing tenure

Private landlord or letting agency
47
34.81%
Owns with a mortgage
31
22.96%
Other social rented
29
21.48%
Owns outright
22
16.3%
Social rents from council
4
2.96%
Total households: 135

Schools

In the ME5 7LA postcode area, located within Luton, there are 9 primary and 3 secondary schools in close proximity.

Nearby primary and secondary schools for ME5 7LA
DistancePhaseNameTypeRating
0.3 miPrimaryLuton Primary SchoolAcademy converter

N/A

0.3 miSecondaryChatham GrammarAcademy converter

Good

0.6 miPrimaryByron Primary SchoolAcademy sponsor led

Requires improvement

Local amenities

12 nearby supermarkets & convenience stores within 0.5 mi of ME5 7LA

Nearby supermarkets & convenience stores for ME5 7LA
DistanceNameAddressDirections
0.1 miMedway Food Centre43 Luton High Street, Luton, Chatham, ME5 7LPWalking directions to Medway Food Centre
0.1 miThe Village Off LicenceLuton High Street, Medway, ME5 7LEWalking directions to The Village Off Licence
0.3 miBest-oneAmbrose Hill, Medway, ME4 5BJWalking directions to Best-one
0.3 miMagnolija shop308 Luton Road, Luton, Chatham, ME4 5BXWalking directions to Magnolija shop
0.4 miOne Stop1 Watling Street, Chatham, ME5 7EPWalking directions to One Stop