ME5 vs ME7: house prices per square metre compared
ME5 (Walderslade) has a median of £4,090 per m² against £3,310 in ME7 (Hempstead). ME5 is the more expensive of the two: ME7 is 19.1% cheaper per m². The figures come from 560 and 400 matched sales in the last 12 months of HM Land Registry data.
£308,000, the median sale price in ME5, buys about 75 m² there and about 93 m² in ME7, a difference of 18 m² at each district’s own median. Over the 10 years to Q1 2026, ME5 moved +3.9% a year against ME7 at +3.9% a year, before inflation.
Sales in the last 12 months.
| Measure | ME5High confidence Walderslade, Chatham £4,090median per m² | ME7High confidence Hempstead, Gillingham £3,310median per m² | Difference |
|---|---|---|---|
| Median price per m² | £4,090 | £3,310 | −19.1% |
| Median sale price | £308,000 | £265,000 | −14.0% |
| Middle 60% of salesp20 to p80 | £3,400–£4,680 | £2,930–£3,930 | |
| Sales (last 12 months) | 588 | 456 | −132 |
| With a matched floor areaThe denominator behind each median per unit area | 560 | 400 | −160 |
| Mean floor area (matched sales) | 82 m² | 87 m² | +6.6% |
| Annual change over 9.8 years | +3.9% a year | +3.9% a year | +0.0 pts |
| By property typeMedian price per m² for each property type sold in the last 12 months. | |||
| Detached | £4,120n = 104 | £4,230n = 38 | +2.5% |
| Semi-detached | £4,200n = 217 | £3,640n = 62 | −13.3% |
| Terraced | £4,050n = 207 | £3,230n = 265 | −20.2% |
| Flat | £2,800n = 32 | £3,000n = 35 | +7.1% |
| Difference: ME5 minus ME7. | |||
| All ME5 sold prices | All ME7 sold prices |
Each trend line is that district’s own quarterly median price per square metre, scaled to its own range: compare directions, not heights. Gaps are quarters with too few matched sales to publish a median.
Frequently asked questions
Why compare ME5 and ME7 on price per square metre rather than price?
A raw sale price mostly reflects how big homes are; price per square metre corrects for size, so ME5 and ME7 can be compared on what a buyer actually gets for the money. Both figures here are medians of sold price divided by EPC floor area, from HM Land Registry sales, computed the same way for both areas.
Why do ME5 and ME7 show different numbers of sales?
The two districts are different sizes and trade at different rates, and each figure is computed over the matched sales its own area produced in its stated window. The matched-sale count is printed beside each median because it is that median's own denominator.
Compare other areas
Or browse the league tables for the most expensive and best value districts, every comparison page, or the free dataset behind these figures.
Contains HM Land Registry data © Crown copyright and database right 2026 · Licensed under the Open Government Licence v3.0 · Floor areas from the Energy Performance of Buildings Register · how these figures are made