Understanding the price distribution in ME4 helps sellers position their property competitively and buyers understand what to expect. Our data shows the majority of properties (285 listings, or 64%) fall within the £200,000 to £300,000 range, with 2-bedroom properties averaging £222,151 and 3-bedroom properties averaging £287,478. Properties priced below £200,000 represent approximately 90 listings (20%), with 1-bedroom properties averaging £149,742, while the £300,000 to £500,000 range contains 37 properties.
For those selling premium properties, the upper market is less crowded but still active, with 32 properties between £500,000 and £750,000 and 9 listings in the £750,000 to £1 million bracket. The top of the market in ME4 sees properties like detached homes near the River Medway or contemporary houses at Rochester Riverside reaching values over £600,000, with our data showing detached properties averaging £592,683.
The bedroom distribution reveals strong demand in the 2-bed and 3-bed sectors, with 170 and 166 listings respectively. These property types represent the traditional family home market in Chatham and typically sell more quickly than larger properties. One-bedroom flats (85 listings) and larger four-bedroom homes (41 listings) serve more specific market segments, with the latter often appealing to families upgrading or investors seeking higher rental yields.
New developments continue to shape the ME4 market, particularly at Rochester Riverside where phases 4 and 5 are underway by Countryside Partnerships and Hyde New Homes. Properties at Rochester Riverside start from approximately £240,000 for apartments, with houses exceeding £500,000. St Mary's Island at Chatham Maritime also offers premium waterside living, though current development activity is limited to smaller infill plots. These new-build options compete with the area's traditional housing stock, which includes significant numbers of Victorian and Edwardian properties built before 1919.