£495,000
Detached sold in Princes Park
Half of similar homes sold within the box; most sold within the wider line.
An indicative model estimate, not a survey or formal valuation.
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 .
| Date | Price | Change |
|---|---|---|
| 06 Oct 2020 | £465,000 | +14% |
| 14 May 2019 | £407,500 | +37% |
| 22 May 2015 | £297,000 | - |
Based on 115 recent sales, the median property price is £297,500 (about £399 per square foot) in Princes Park area, with individual transactions ranging from £105,000 up to £675,000.
| Type | Sales | Median | £/sq ft |
|---|---|---|---|
| Detached | 26 | £442,500 | £394 |
| Semi-Detached | 30 | £304,000 | £427 |
| Terraced | 55 | £280,000 | £399 |
| Flats | 4 | £123,750 | £219 |
Sale price
| Year | Detached | Flats | Semi-Detached | Terraced |
|---|---|---|---|---|
| 2016 | £335,600 | £122,000 | £245,000 | £205,000 |
| 2017 | £350,000 | £126,500 | £237,500 | £210,000 |
| 2018 | £360,000 | £90,000 | £250,000 | £210,000 |
| 2019 | £362,500 | £110,000 | £250,000 | £212,500 |
| 2020 | £382,000 | £87,500 | £267,000 | £224,500 |
| 2021 | £407,500 | £139,250 | £272,000 | £235,000 |
| 2022 | £444,000 | £115,000 | £300,500 | £258,000 |
| 2023 | £405,000 | £120,000 | £308,500 | £270,000 |
| 2024 | £430,000 | £116,250 | £341,250 | £270,000 |
| 2025 | £450,000 | £106,000 | £305,000 | £278,000 |
| 2026 | £400,000 | £132,500 | £290,000 | £280,000 |
Price per sq ft
| Year | Detached | Flats | Semi-Detached | Terraced |
|---|---|---|---|---|
| 2016 | £312 | £258 | £296 | £306 |
| 2017 | £312 | £232 | £335 | £308 |
| 2018 | £339 | £170 | £342 | £328 |
| 2019 | £322 | £205 | £349 | £322 |
| 2020 | £345 | £185 | £340 | £325 |
| 2021 | £364 | £250 | £360 | £363 |
| 2022 | £412 | £232 | £429 | £397 |
| 2023 | £402 | £273 | £430 | £398 |
| 2024 | £380 | £201 | £382 | £399 |
| 2025 | £375 | £189 | £402 | £381 |
| 2026 | £408 | £385 | £457 | £406 |
There were 50+ recent sold properties in the last 18 months near ME5 8LE.
| Date | Address | Type | Tenure | Price | Map |
|---|---|---|---|---|---|
| 12 Jun 2026 | 12, Scarlett Close, Chatham, ME5 8LE | Detached | Freehold | £320,000 | |
| 26 Sept 2025 | 8, Scarlett Close, Chatham, ME5 8LE | Detached | Freehold | £465,000 | |
| 27 Feb 2026 | 17, Poachers Close, Chatham, ME5 8JF | Detached | Freehold | £400,000 | |
| 29 Apr 2026 | 8, Stanley Road, Chatham, ME5 8LN | Detached | Freehold | £438,000 | |
| 29 Aug 2025 | 19, Stable Close, Chatham, ME5 8LQ | Terraced | Freehold | £200,000 |
| Address | Tenure | Floor area | Last sale |
|---|---|---|---|
| 1 Scarlett Close, Chatham | Freehold | 115 m² | £219,000 (2004) |
| 5 Scarlett Close, Chatham | Freehold | 56 m² | £350,000 (2024) |
| 8, Scarlett Close, Chatham | Freehold | 102 m² | £465,000 (2025) |
| 11, Scarlett Close, Chatham | Freehold | 99 m² | £345,000 (2018) |
| 12 Scarlett Close, Chatham | Freehold | 57 m² | £320,000 (2026) |
| 15 Scarlett Close, Chatham | - | 93 m² | - |
Postcode ME5 8LE is located in an urban city, within the Princes Park area of Medway in the South East region, and forms part of the Capstone area. It has low deprivation and very low crime levels, with around 20.8 crimes per 1,000 residents per year, about 75% below the South East average of 84 per 1,000. The average income per household in Capstone is £51,371 per year. The median sale price in Princes Park is £297,500 (around £399 per square foot), with typical sale prices between £265,000 and £370,000. The nearest station is Chatham, about 2.2 miles away. There are 8 primary and 2 secondary schools in the area.
Capstone has a low level of deprivation, ranked at position 20,807 out of 32,844 areas in England, placing it within the bottom 37% least deprived areas in England.
Capstone has a very low crime rate, with approximately 20.8 reported incidents per 1,000 population each year.
Approximately 1.7% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 23.9% of dwellings are socially rented.
The average income per household in Capstone is £51,371 per year.
No significant noise sources from railways or roads near ME5 8LE.
Capstone near ME5 8LE has no flood risk (less than 0.1% chance of a flood each year) from rivers and sea.
The nearest station is Chatham located about 2.2 miles away. There are no other stations nearby.
In the ME5 8LE postcode area, located within Capstone, there are 8 primary and 2 secondary schools in close proximity.
1 nearby supermarkets & convenience stores within 0.5 mi of ME5 8LE
| Distance | Name | Address | Directions |
|---|---|---|---|
| 0.4 mi | Morrisons | Princes Avenue, Chatham, ME5 7PQ | Walking directions to Morrisons |