Wells Way - ME13 7QW
Key Postcode Insights
ME13 7QW is a residential postcode situated on Wells Way, Faversham, ME13 with 17 addresses.
It ranks as the 711th largest and 250th most expensive of the 1,005 postcodes in the ME13 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 17 properties: 17 houses.
- Ave. Sale Price
- £290,174
- 10 Year change
- up 24.8%
- Ave. Rental Price
- £1,333pcm
- 10 Year change
- up 40.9%
- Ave. £ per ft²
- £309/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Key Postcode Insights
ME13 7QW is a residential postcode situated on Wells Way, Faversham, ME13 with 17 addresses.
It ranks as the 711th largest and 250th most expensive of the 1,005 postcodes in the ME13 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 17 properties: 17 houses.
- Ave. Sale Price
- £290,174
- 10 Year change
- up 24.8%
- Ave. Rental Price
- £1,333pcm
- 10 Year change
- up 40.9%
- Ave. £ per ft²
- £309/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Explore Propertiesin ME13 7QW
- 1 Wells Way
3 Bed Mid-century House
- 2 Wells Way
Unknown
- 3 Wells Way
Unknown
- 4 Wells Way
Unknown
- 6 Wells Way
Unknown
Sales Market Trends
The last sale in ME13 7QW sold for £320,000 on 9th February 2024. Since then prices are down an average of 1.5%.
The current average value in the postcode is £290,174.
The ME13 7QW Sales Market has increased by 24.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3% | £290,174 |
| June 2025 | 1.2% | £299,156 |
| June 2024 | -4.7% | £295,586 |
| June 2023 | 1% | £310,075 |
| June 2022 | 9.2% | £307,138 |
| June 2021 | 11.2% | £281,275 |
| June 2020 | -1.4% | £252,917 |
| June 2019 | 0.9% | £256,507 |
| June 2018 | 2.4% | £254,150 |
| June 2017 | 6.8% | £248,298 |
| June 2016 | 11.3% | £232,518 |
| June 2015 | 9.1% | £208,964 |
| June 2014 | 10.9% | £191,564 |
| June 2013 | -1.1% | £172,800 |
| June 2012 | 4.1% | £174,684 |
| June 2011 | 2.3% | £167,802 |
| June 2010 | 10.3% | £164,084 |
| June 2009 | -11.6% | £148,699 |
| June 2008 | 2% | £168,236 |
| June 2007 | 0% | £164,926 |
Rental Market Trends
The current average rental value in the postcode is £1,333.
The ME13 7QW Rental Market has increased by 40.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.4% | £1,333pcm |
| June 2025 | 5.8% | £1,315pcm |
| June 2024 | -0.7% | £1,243pcm |
| June 2023 | 8.1% | £1,252pcm |
| June 2022 | 4.6% | £1,157pcm |
| June 2021 | 11.4% | £1,106pcm |
| June 2020 | -0.5% | £993pcm |
| June 2019 | 3.4% | £998pcm |
| June 2018 | 0.2% | £965pcm |
| June 2017 | 1.8% | £963pcm |
| June 2016 | 3.2% | £946pcm |
| June 2015 | 10.5% | £917pcm |
| June 2014 | 1% | £830pcm |
| June 2013 | 3.9% | £822pcm |
| June 2012 | 1.5% | £791pcm |
| June 2011 | 1.3% | £779pcm |
| June 2010 | 6.7% | £769pcm |
| June 2009 | -6.7% | £721pcm |
| June 2008 | 4.4% | £772pcm |
| June 2007 | 0% | £739pcm |
Sales History
The last sale was on 9th February 2024 for £320,000 and since then the market in the area has decreased by 1.5%. The postcode has had a total of 12 sales since 1995.
ME13 7QW has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Feb 2024£320,000 | 4 Bed House20, Wells Way, Faversham, ME13 7QW20, Wells Way, Faversham, ME13 7QW
- Sold Feb 2021£310,000 | 3 Bed House30, Wells Way, Faversham, ME13 7QW30, Wells Way, Faversham, ME13 7QW
- Sold Dec 2019£270,000 | 3 Bed House16, Wells Way, Faversham, ME13 7QW16, Wells Way, Faversham, ME13 7QW
- Sold Dec 2016£255,000 | 3 Bed House18, Wells Way, Faversham, ME13 7QW18, Wells Way, Faversham, ME13 7QW
- Sold Mar 2015£245,000 | 3 Bed House26, Wells Way, Faversham, ME13 7QW26, Wells Way, Faversham, ME13 7QW
Nearby Postcodes
ME13 7QW is the 711th largest and the 250th most expensive postcode out of the 1,005 postcodes in the ME13 area.
- ME13 7QN, Everard Way, Faversham, ME13ME13 7QN19 Addresses|59 m away
- ME13 7LF, Admiralty Close, Faversham, ME13ME13 7LF11 Addresses|79 m away
- ME13 7EJ, Priory Road, Faversham, ME13ME13 7EJ18 Addresses|101 m away
- ME13 7QA, Bysing Wood Road, Luddenham, Faversham, ME13ME13 7QA22 Addresses|122 m away
- ME13 7QP, Wells Way, Faversham, ME13ME13 7QP34 Addresses|139 m away
Property Types
- 8 mid-century houses built between 1936 and 1979
- 9 other addresses of unknown type
- mid-century house (8)
- Unknown (9)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (2)
- G (0)
- D (5)
- No EPC (9)
Top 3 Most Expensive Sales
- Sold Mar 2023£447,720 | 4 Bed House5, Wells Way, Faversham, ME13 7QP5, Wells Way, Faversham, ME13 7QP
- Sold Jan 2023£350,000 | 3 Bed House41, Wells Way, Faversham, ME13 7QU41, Wells Way, Faversham, ME13 7QU
- Sold Apr 2026£350,000 | 3 Bed House19, Wells Way, Faversham, ME13 7QP19, Wells Way, Faversham, ME13 7QP
Schools Nearby
- Davington Primary School200 m away
- Bysing Wood Primary School700 m away
- Ethelbert Road Primary School1.1 km away
- Queen Elizabeth's Grammar School1.0 km away
- The Abbey School1.5 km away
- The Sittingbourne School8.8 km away
More reading links
Public Transport Nearby
The closest station to ME13 7QW is Faversham station, which is 1.1 kilometres away.
- Faversham|1.1 km away
- Teynham|5.4 km away
- Selling|6.3 km away
- Sittingbourne|10.5 km away
