Well Road - ME11 5LB
Key Postcode Insights
ME11 5LB is a residential postcode situated on Well Road, Rushenden, Queenborough, ME11 with 12 addresses.
It ranks as the 395th largest and 411th most expensive of the 980 postcodes in the ME11 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 12 properties: 12 houses.
- Ave. Sale Price
- £250,016
- 10 Year change
- up 41.7%
- Ave. Rental Price
- £1,318pcm
- 10 Year change
- up 58.0%
- Ave. £ per ft²
- £294/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Key Postcode Insights
ME11 5LB is a residential postcode situated on Well Road, Rushenden, Queenborough, ME11 with 12 addresses.
It ranks as the 395th largest and 411th most expensive of the 980 postcodes in the ME11 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 12 properties: 12 houses.
- Ave. Sale Price
- £250,016
- 10 Year change
- up 41.7%
- Ave. Rental Price
- £1,318pcm
- 10 Year change
- up 58.0%
- Ave. £ per ft²
- £294/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Explore Propertiesin ME11 5LB
- 1 Well Road
3 Bed Mid-century House
- 3 Well Road
3 Bed Mid-century House
- 5 Well Road
House
- 7 Well Road
3 Bed Mid-century House
- 9 Well Road
3 Bed Mid-century House
Sales Market Trends
The last sale in ME11 5LB sold for £255,000 on 7th September 2023. Since then prices are up an average of 0.6%.
The current average value in the postcode is £250,016.
The ME11 5LB Sales Market has increased by 41.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.1% | £250,016 |
| June 2025 | 2.5% | £250,167 |
| June 2024 | -3.8% | £243,981 |
| June 2023 | -1.1% | £253,710 |
| June 2022 | 13.9% | £256,463 |
| June 2021 | 9.2% | £225,263 |
| June 2020 | 2.6% | £206,347 |
| June 2019 | 1.6% | £201,071 |
| June 2018 | 4.9% | £197,809 |
| June 2017 | 6.9% | £188,595 |
| June 2016 | 16.8% | £176,446 |
| June 2015 | 4.6% | £151,086 |
| June 2014 | 11% | £144,492 |
| June 2013 | 5.4% | £130,143 |
| June 2012 | 0.4% | £123,505 |
| June 2011 | -3.9% | £123,008 |
| June 2010 | 6.2% | £128,033 |
| June 2009 | -13.3% | £120,524 |
| June 2008 | -5.2% | £139,053 |
| June 2007 | 0% | £146,671 |
Rental Market Trends
The current average rental value in the postcode is £1,318.
The ME11 5LB Rental Market has increased by 58.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.2% | £1,318pcm |
| June 2025 | 6.5% | £1,289pcm |
| June 2024 | 7.3% | £1,211pcm |
| June 2023 | 5.7% | £1,129pcm |
| June 2022 | 10.7% | £1,067pcm |
| June 2021 | 6.9% | £964pcm |
| June 2020 | 3.2% | £902pcm |
| June 2019 | 0.5% | £874pcm |
| June 2018 | 2.9% | £870pcm |
| June 2017 | 1.3% | £845pcm |
| June 2016 | 8.4% | £834pcm |
| June 2015 | 6.4% | £769pcm |
| June 2014 | 5.5% | £723pcm |
| June 2013 | 3.8% | £685pcm |
| June 2012 | 0.7% | £660pcm |
| June 2011 | 0.8% | £656pcm |
| June 2010 | 3% | £650pcm |
| June 2009 | -5.4% | £632pcm |
| June 2008 | 2.7% | £668pcm |
| June 2007 | 0% | £650pcm |
Sales History
The last sale was on 7th September 2023 for £255,000 and since then the market in the area has increased by 0.6%. The postcode has had a total of 10 sales since 1995.
ME11 5LB has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Sep 2023£255,000 | 3 Bed House23, Well Road, Queenborough, ME11 5LB23, Well Road, Queenborough, ME11 5LB
- Sold Sep 2023£155,000 | 3 Bed House11, Well Road, Queenborough, ME11 5LB11, Well Road, Queenborough, ME11 5LB
- Sold Sep 2022£187,000 | 3 Bed House17, Well Road, Queenborough, ME11 5LB17, Well Road, Queenborough, ME11 5LB
- Sold Oct 2018£190,000 | 3 Bed House23, Well Road, Queenborough, ME11 5LB23, Well Road, Queenborough, ME11 5LB
- Sold Apr 2018£188,000 | 3 Bed House21, Well Road, Queenborough, ME11 5LB21, Well Road, Queenborough, ME11 5LB
Nearby Postcodes
ME11 5LB is the 395th largest and the 411th most expensive postcode out of the 980 postcodes in the ME11 area.
- ME11 5JX, Swale Avenue, Queenborough, ME11ME11 5JX21 Addresses|68 m away
- ME11 5JN, Alsager Avenue, Queenborough, ME11ME11 5JN13 Addresses|83 m away
- ME11 5JQ, First Avenue, Queenborough, ME11ME11 5JQ3 Addresses|112 m away
- ME11 5JL, First Avenue, Queenborough, ME11ME11 5JL4 Addresses|123 m away
- ME11 5LE, Hillside Avenue, Queenborough, ME11ME11 5LE16 Addresses|140 m away
Property Types
- 1 modern house built after 1980
- 9 mid-century houses built between 1936 and 1979
- 2 other addresses of unknown type
- modern house (1)
- mid-century house (9)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (9)
- G (0)
- D (1)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Mar 2022£350,000 | 3 Bed HouseThe Willows, Well Road, Queenborough, ME11 5LAThe Willows, Well Road, Queenborough, ME11 5LA
- Sold Sep 2023£255,000 | 3 Bed House23, Well Road, Queenborough, ME11 5LB23, Well Road, Queenborough, ME11 5LB
- Sold Oct 2018£190,000 | 3 Bed House23, Well Road, Queenborough, ME11 5LB23, Well Road, Queenborough, ME11 5LB
Schools Nearby
- Queenborough School and Nursery1.2 km away
- West Minster Primary School2.6 km away
- Halfway Houses Primary School3.1 km away
- Leigh Academy Minster3.3 km away
- EKC Sheppey Secondary4.0 km away
- Westlands School7.8 km away
More reading links
Public Transport Nearby
The closest station to ME11 5LB is Queenborough station, which is 900 metres away.
- Queenborough|900 m away
- Swale|2.3 km away
- Sheerness-on-Sea|3.7 km away
- Kemsley|5.3 km away