ME12 1TW is a residential postcode situated on Broadway, Sheerness, ME12 with 11 addresses.
It ranks as the 360th largest and 74th most expensive of the 979 postcodes in the ME12 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 11 properties: 11 flats.
ME12 1TW is a residential postcode situated on Broadway, Sheerness, ME12 with 11 addresses.
It ranks as the 360th largest and 74th most expensive of the 979 postcodes in the ME12 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 11 properties: 11 flats.
Sale prices range from £140,220 for 2 bedroom leasehold flats (452 ft2) to £140,220 for 2 bedroom leasehold flats (452 ft2) .
Monthly rental prices range from £889 pcm for 2 bed flats to £889 pcm for 2 bed flats.
The gross rental yield is between 7.6% and 7.6%.
The average value per square foot is £277.
The last sale in ME12 1TW sold for £165,500 on 10th September 2024. Since then prices are down an average of 0.0%.
The current average value in the postcode is £140,220.
The ME12 1TW Sales Market has increased by 29.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1% | £140,220 |
| April 2025 | -0.3% | £141,638 |
| April 2024 | -3.7% | £142,112 |
| April 2023 | 0.2% | £147,554 |
| April 2022 | 11.9% | £147,206 |
| April 2021 | 4.8% | £131,528 |
| April 2020 | 2.1% | £125,469 |
| April 2019 | 3% | £122,873 |
| April 2018 | 3.6% | £119,345 |
| April 2017 | 6.2% | £115,156 |
| April 2016 | 12.9% | £108,395 |
| April 2015 | 3% | £95,991 |
| April 2014 | 8.8% | £93,216 |
| April 2013 | 1.1% | £85,658 |
| April 2012 | -3.1% | £84,764 |
| April 2011 | -2.3% | £87,443 |
| April 2010 | 2.9% | £89,494 |
| April 2009 | -16.4% | £86,955 |
| April 2008 | -1.6% | £104,007 |
| April 2007 | 0% | £105,648 |
The current average rental value in the postcode is £889.
The ME12 1TW Rental Market has increased by 40.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.5% | £889pcm |
| April 2025 | 4% | £876pcm |
| April 2024 | 10.2% | £841pcm |
| April 2023 | 4.1% | £763pcm |
| April 2022 | 7.9% | £733pcm |
| April 2021 | 3.4% | £680pcm |
| April 2020 | 3.1% | £658pcm |
| April 2019 | -0.8% | £638pcm |
| April 2018 | 1.9% | £643pcm |
| April 2017 | -0.4% | £631pcm |
| April 2016 | 7% | £633pcm |
| April 2015 | 4.1% | £592pcm |
| April 2014 | 3.5% | £569pcm |
| April 2013 | 1.2% | £550pcm |
| April 2012 | -1.6% | £543pcm |
| April 2011 | 0.3% | £552pcm |
| April 2010 | -1% | £550pcm |
| April 2009 | -3.9% | £556pcm |
| April 2008 | 2.5% | £579pcm |
| April 2007 | 0% | £564pcm |
The last sale was on 10th September 2024 for £165,500 and since then the market in the area has remained stable. The postcode has had a total of 3 sales since 1995.
ME12 1TW has seen 3 sales in the last three years and no sales in the last twelve months.
ME12 1TW is the 360th largest and the 74th most expensive postcode out of the 979 postcodes in the ME12 area.
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The closest station to ME12 1TW is Sheerness-on-Sea station which is 400 metres away.
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