ME12 3QP is a residential postcode situated on Oak Lane, Minster On Sea, Sheerness, ME12 with 24 addresses.
It ranks as the 657th largest and 914th most expensive of the 979 postcodes in the ME12 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 24 properties: 24 houses.
ME12 3QP is a residential postcode situated on Oak Lane, Minster On Sea, Sheerness, ME12 with 24 addresses.
It ranks as the 657th largest and 914th most expensive of the 979 postcodes in the ME12 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 24 properties: 24 houses.
Sale prices range from £256,497 for 3 bedroom freehold houses with a garden (1,065 ft2) to £1,169,534 for 5 bedroom freehold houses with a garden (4,994 ft2) .
Monthly rental prices range from £1,182 pcm for 3 bed houses to £2,383 pcm for 5 bed houses.
The gross rental yield is between 2.4% and 6.0%.
The average value per square foot is £362.
The last sale in ME12 3QP sold for £825,000 on 31st July 2023. Since then prices are down an average of 2.0%.
The current average value in the postcode is £487,741.
The ME12 3QP Sales Market has increased by 42.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.3% | £487,741 |
| April 2025 | 1.6% | £489,147 |
| April 2024 | -4.9% | £481,301 |
| April 2023 | 1.5% | £506,287 |
| April 2022 | 13.4% | £499,006 |
| April 2021 | 7.9% | £440,184 |
| April 2020 | 2.1% | £407,851 |
| April 2019 | 3.5% | £399,482 |
| April 2018 | 5.1% | £385,960 |
| April 2017 | 7.5% | £367,313 |
| April 2016 | 14.3% | £341,761 |
| April 2015 | 4.1% | £299,056 |
| April 2014 | 9.5% | £287,153 |
| April 2013 | 6% | £262,156 |
| April 2012 | -1.1% | £247,341 |
| April 2011 | -0.8% | £250,118 |
| April 2010 | 5.8% | £252,173 |
| April 2009 | -15.7% | £238,379 |
| April 2008 | 0% | £282,784 |
| April 2007 | 0% | £282,820 |
The current average rental value in the postcode is £1,600.
The ME12 3QP Rental Market has increased by 54.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.3% | £1,600pcm |
| April 2025 | 6% | £1,565pcm |
| April 2024 | 8.8% | £1,475pcm |
| April 2023 | 5.4% | £1,356pcm |
| April 2022 | 9.3% | £1,287pcm |
| April 2021 | 6.4% | £1,178pcm |
| April 2020 | 3.1% | £1,107pcm |
| April 2019 | -0.3% | £1,074pcm |
| April 2018 | 3.3% | £1,077pcm |
| April 2017 | 0.9% | £1,043pcm |
| April 2016 | 8.2% | £1,034pcm |
| April 2015 | 5.4% | £955pcm |
| April 2014 | 4.1% | £907pcm |
| April 2013 | 6.2% | £871pcm |
| April 2012 | 0.3% | £820pcm |
| April 2011 | 1.8% | £818pcm |
| April 2010 | 1.8% | £803pcm |
| April 2009 | -3% | £789pcm |
| April 2008 | 4.1% | £814pcm |
| April 2007 | 0% | £782pcm |
The last sale was on 31st July 2023 for £825,000 and since then the market in the area has decreased by 2.0%. The postcode has had a total of 17 sales since 1995.
ME12 3QP has seen 1 sale in the last three years and no sales in the last twelve months.
ME12 3QP is the 657th largest and the 914th most expensive postcode out of the 979 postcodes in the ME12 area.
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The closest station to ME12 3QP is Sheerness-on-Sea station which is 5.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around ME12 3QP, 52.8% of property is privately owned outright and 39.2% is privately owned with a mortgage.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around ME12 3QP, 11.3% of residents are recorded as possessing school level qualifications and 16.1% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around ME12 3QP, the average age was 43.6 and the most common age was 32.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around ME12 3QP, 0.7% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around ME12 3QP, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.