Preston Lane - ME13 8LG
Key Postcode Insights
ME13 8LG is a residential postcode situated on Preston Lane, Faversham, ME13 with 9 addresses.
It ranks as the 501st largest and 794th most expensive of the 1,005 postcodes in the ME13 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 9 properties: 9 houses.
- Ave. Sale Price
- £582,872
- 10 Year change
- up 24.1%
- Ave. Rental Price
- £1,665pcm
- 10 Year change
- up 40.2%
- Ave. £ per ft²
- £451/ft²
- Ave. Gross Yield
- 3.4%/year/yr
Key Postcode Insights
ME13 8LG is a residential postcode situated on Preston Lane, Faversham, ME13 with 9 addresses.
It ranks as the 501st largest and 794th most expensive of the 1,005 postcodes in the ME13 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 9 properties: 9 houses.
- Ave. Sale Price
- £582,872
- 10 Year change
- up 24.1%
- Ave. Rental Price
- £1,665pcm
- 10 Year change
- up 40.2%
- Ave. £ per ft²
- £451/ft²
- Ave. Gross Yield
- 3.4%/year/yr
Explore Propertiesin ME13 8LG
- 26 Preston Lane
Unknown
- 28 Preston Lane
4 Bed Early-century House
- 30 Preston Lane
3 Bed Early-century House
- 31 Preston Lane
3 Bed Mid-century House
- 32 Preston Lane
Unknown
Sales Market Trends
The last sale in ME13 8LG sold for £700,000 on 24th April 2024. Since then prices are down an average of 1.4%.
The current average value in the postcode is £582,872.
The ME13 8LG Sales Market has increased by 24.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.4% | £582,872 |
| June 2025 | 1.2% | £603,388 |
| June 2024 | -4.5% | £596,391 |
| June 2023 | 0.9% | £624,805 |
| June 2022 | 9% | £619,339 |
| June 2021 | 11.4% | £568,163 |
| June 2020 | -1.3% | £509,981 |
| June 2019 | 1% | £516,857 |
| June 2018 | 2.3% | £511,954 |
| June 2017 | 6.6% | £500,635 |
| June 2016 | 11.2% | £469,502 |
| June 2015 | 8.9% | £422,291 |
| June 2014 | 10.8% | £387,748 |
| June 2013 | -1.3% | £349,888 |
| June 2012 | 4% | £354,358 |
| June 2011 | 2.5% | £340,885 |
| June 2010 | 10.9% | £332,440 |
| June 2009 | -11.4% | £299,796 |
| June 2008 | 2.1% | £338,273 |
| June 2007 | 0% | £331,173 |
Rental Market Trends
The current average rental value in the postcode is £1,665.
The ME13 8LG Rental Market has increased by 40.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1% | £1,665pcm |
| June 2025 | 5.8% | £1,649pcm |
| June 2024 | -0.6% | £1,559pcm |
| June 2023 | 8.1% | £1,569pcm |
| June 2022 | 4.5% | £1,452pcm |
| June 2021 | 11.6% | £1,390pcm |
| June 2020 | -0.4% | £1,246pcm |
| June 2019 | 3.4% | £1,251pcm |
| June 2018 | 0.1% | £1,209pcm |
| June 2017 | 1.7% | £1,208pcm |
| June 2016 | 3.1% | £1,188pcm |
| June 2015 | 10.3% | £1,152pcm |
| June 2014 | 0.9% | £1,045pcm |
| June 2013 | 3.7% | £1,035pcm |
| June 2012 | 1.4% | £998pcm |
| June 2011 | 1.6% | £985pcm |
| June 2010 | 7.3% | £970pcm |
| June 2009 | -6.4% | £904pcm |
| June 2008 | 4.5% | £966pcm |
| June 2007 | 0% | £924pcm |
Sales History
The last sale was on 24th April 2024 for £700,000 and since then the market in the area has decreased by 1.4%. The postcode has had a total of 4 sales since 1995.
ME13 8LG has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Apr 2024£700,000 | 5 Bed House34, Preston Lane, Faversham, ME13 8LG34, Preston Lane, Faversham, ME13 8LG
- Sold Aug 2017£400,000 | 3 Bed House30, Preston Lane, Faversham, ME13 8LG30, Preston Lane, Faversham, ME13 8LG
- Sold Sep 2016£450,000 | 3 Bed House31, Preston Lane, Faversham, ME13 8LG31, Preston Lane, Faversham, ME13 8LG
- Sold Aug 2013£129,025 | 4 Bed House28, Preston Lane, Faversham, ME13 8LG28, Preston Lane, Faversham, ME13 8LG
Nearby Postcodes
ME13 8LG is the 501st largest and the 794th most expensive postcode out of the 1,005 postcodes in the ME13 area.
- ME13 8JZ, Preston Grove, Faversham, ME13ME13 8JZ12 Addresses|77 m away
- ME13 8LF, Preston Lane, Faversham, ME13ME13 8LF16 Addresses|110 m away
- ME13 8LE, The Close, Faversham, ME13ME13 8LE7 Addresses|131 m away
- ME13 8LN, Preston Park, Faversham, ME13ME13 8LN47 Addresses|137 m away
- ME13 8LB, Nelson Terrace, Faversham, ME13ME13 8LB4 Addresses|146 m away
Property Types
- 2 mid-century houses built between 1936 and 1979
- 4 early-century houses built between 1912 and 1935
- 3 other addresses of unknown type
- mid-century house (2)
- early-century house (4)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (1)
- C (0)
- G (0)
- D (3)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Jun 2023£757,500 | 4 Bed House24, Preston Lane, Faversham, ME13 8LF24, Preston Lane, Faversham, ME13 8LF
- Sold Apr 2024£700,000 | 5 Bed House34, Preston Lane, Faversham, ME13 8LG34, Preston Lane, Faversham, ME13 8LG
- Sold Jan 2019£625,000 | 3 Bed House29, Preston Lane, Faversham, ME13 8LF29, Preston Lane, Faversham, ME13 8LF
Schools Nearby
- Ethelbert Road Primary School500 m away
- St Mary of Charity CofE (Aided) Primary School700 m away
- Davington Primary School1.3 km away
- The Abbey School500 m away
- Queen Elizabeth's Grammar School900 m away
- The Sittingbourne School9.7 km away
More reading links
Public Transport Nearby
The closest station to ME13 8LG is Faversham station, which is 100 metres away.
- Faversham|100 m away
- Selling|5.0 km away
- Teynham|6.4 km away
- Chilham|9.4 km away