ME13 8LY is a residential postcode situated on Canterbury Road, Faversham, ME13 with 3 addresses.
It ranks as the 171st largest and 373rd most expensive of the 1,005 postcodes in the ME13 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 3 properties: 3 houses.
ME13 8LY is a residential postcode situated on Canterbury Road, Faversham, ME13 with 3 addresses.
It ranks as the 171st largest and 373rd most expensive of the 1,005 postcodes in the ME13 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 3 properties: 3 houses.
Sale prices range from £330,388 for 3 bedroom freehold houses with a garden (850 ft2) to £417,461 for 4 bedroom freehold houses with a garden (1,280 ft2) .
Monthly rental prices range from £1,508 pcm for 3 bed houses to £1,788 pcm for 4 bed houses.
The gross rental yield is between 5.1% and 5.5%.
The average value per square foot is £389.
The last sale in ME13 8LY sold for £395,000 on 6th April 2021. Since then prices are up an average of 5.5%.
The current average value in the postcode is £359,412.
The ME13 8LY Sales Market has increased by 28.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.8% | £359,412 |
| April 2025 | 1.7% | £366,184 |
| April 2024 | -5.8% | £360,109 |
| April 2023 | 3.2% | £382,271 |
| April 2022 | 8.5% | £370,301 |
| April 2021 | 11.4% | £341,290 |
| April 2020 | -1.2% | £306,347 |
| April 2019 | -0.7% | £310,014 |
| April 2018 | 3.9% | £312,159 |
| April 2017 | 7% | £300,411 |
| April 2016 | 11.9% | £280,634 |
| April 2015 | 9.3% | £250,863 |
| April 2014 | 12.6% | £229,618 |
| April 2013 | -1.4% | £203,966 |
| April 2012 | 5.1% | £206,924 |
| April 2011 | 1.8% | £196,832 |
| April 2010 | 8.9% | £193,293 |
| April 2009 | -15.1% | £177,533 |
| April 2008 | 6.7% | £209,001 |
| April 2007 | 0% | £195,814 |
The current average rental value in the postcode is £1,602.
The ME13 8LY Rental Market has increased by 51.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.2% | £1,602pcm |
| April 2025 | 6.4% | £1,583pcm |
| April 2024 | 2.2% | £1,487pcm |
| April 2023 | 8.5% | £1,455pcm |
| April 2022 | 9.1% | £1,341pcm |
| April 2021 | 9.9% | £1,229pcm |
| April 2020 | -0.7% | £1,119pcm |
| April 2019 | 0.7% | £1,127pcm |
| April 2018 | 2.5% | £1,119pcm |
| April 2017 | 3.1% | £1,091pcm |
| April 2016 | 4.5% | £1,059pcm |
| April 2015 | 8% | £1,013pcm |
| April 2014 | 2.4% | £937pcm |
| April 2013 | 3.9% | £915pcm |
| April 2012 | 0% | £881pcm |
| April 2011 | 3.5% | £881pcm |
| April 2010 | 4.5% | £851pcm |
| April 2009 | -3.1% | £815pcm |
| April 2008 | 5.5% | £840pcm |
| April 2007 | 0% | £796pcm |
The last sale was on 6th April 2021 for £395,000 and since then the market in the area has increased by 5.5%. The postcode has had a total of 1 sales since 1995.
ME13 8LY has seen no sales in the last three years and no sales in the last twelve months.
ME13 8LY is the 171st largest and the 373rd most expensive postcode out of the 1,005 postcodes in the ME13 area.
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The closest station to ME13 8LY is Faversham station which is 500 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around ME13 8LY, % of property is and % is .
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 ME13 8LY, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 ME13 8LY, 0.0% 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 ME13 8LY, there are an average of 0.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.