New Cut Road - ME14 5PT
Key Postcode Insights
ME14 5PT is a residential postcode situated on New Cut Road, Weavering, Maidstone, ME14 with 1 addresses.
It ranks as the 38th largest and 847th most expensive of the 915 postcodes in the ME14 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 1 properties: 1 house.
- Ave. Sale Price
- £761,233
- 10 Year change
- up 20.8%
- Ave. Rental Price
- £2,777pcm
- 10 Year change
- up 46.2%
- Ave. £ per ft²
- £631/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Key Postcode Insights
ME14 5PT is a residential postcode situated on New Cut Road, Weavering, Maidstone, ME14 with 1 addresses.
It ranks as the 38th largest and 847th most expensive of the 915 postcodes in the ME14 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 1 properties: 1 house.
- Ave. Sale Price
- £761,233
- 10 Year change
- up 20.8%
- Ave. Rental Price
- £2,777pcm
- 10 Year change
- up 46.2%
- Ave. £ per ft²
- £631/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Sales Market Trends
The last sale in ME14 5PT sold for £825,000 on 17th July 2023. Since then prices are up an average of 0.9%.
The current average value in the postcode is £761,233.
The ME14 5PT Sales Market has increased by 20.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.7% | £761,233 |
| June 2025 | 1.8% | £756,099 |
| June 2024 | -1.7% | £742,573 |
| June 2023 | 0.7% | £755,662 |
| June 2022 | 6.1% | £750,392 |
| June 2021 | 6.3% | £707,054 |
| June 2020 | 0% | £664,853 |
| June 2019 | -1.2% | £664,641 |
| June 2018 | 1.2% | £672,707 |
| June 2017 | 5.5% | £664,615 |
| June 2016 | 9.1% | £629,929 |
| June 2015 | 10.7% | £577,204 |
| June 2014 | 8.2% | £521,376 |
| June 2013 | 1.6% | £481,782 |
| June 2012 | 3.5% | £474,184 |
| June 2011 | -0.5% | £458,343 |
| June 2010 | 8.8% | £460,741 |
| June 2009 | -11.2% | £423,513 |
| June 2008 | -3.5% | £477,155 |
| June 2007 | 0% | £494,658 |
Rental Market Trends
The current average rental value in the postcode is £2,777.
The ME14 5PT Rental Market has increased by 46.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £2,777pcm |
| June 2025 | 3.5% | £2,699pcm |
| June 2024 | 6.7% | £2,609pcm |
| June 2023 | 9.4% | £2,444pcm |
| June 2022 | 7.7% | £2,233pcm |
| June 2021 | 4.8% | £2,074pcm |
| June 2020 | 1.7% | £1,978pcm |
| June 2019 | 0.9% | £1,945pcm |
| June 2018 | -0.2% | £1,927pcm |
| June 2017 | 1.7% | £1,931pcm |
| June 2016 | 5.8% | £1,899pcm |
| June 2015 | 8.1% | £1,794pcm |
| June 2014 | 2.8% | £1,659pcm |
| June 2013 | 3.1% | £1,614pcm |
| June 2012 | 1.9% | £1,565pcm |
| June 2011 | 3.9% | £1,537pcm |
| June 2010 | 7.8% | £1,479pcm |
| June 2009 | -5.9% | £1,372pcm |
| June 2008 | 5.9% | £1,458pcm |
| June 2007 | 0% | £1,377pcm |
Sales History
The last sale was on 17th July 2023 for £825,000 and since then the market in the area has increased by 0.9%. The postcode has had a total of 3 sales since 1995.
ME14 5PT has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Jul 2023£825,000 | 4 Bed HouseEast Lodge, New Cut Road, Maidstone, ME14 5PTEast Lodge, New Cut Road, Maidstone, ME14 5PT
- Sold Jul 2023£15,000 | 4 Bed HouseEast Lodge, New Cut Road, Maidstone, ME14 5PTEast Lodge, New Cut Road, Maidstone, ME14 5PT
- Sold Mar 2018£535,000 | 4 Bed HouseEast Lodge, New Cut Road, Maidstone, ME14 5PTEast Lodge, New Cut Road, Maidstone, ME14 5PT
Nearby Postcodes
ME14 5PT is the 38th largest and the 847th most expensive postcode out of the 915 postcodes in the ME14 area.
- ME14 5UA, Threshers Drive, Weavering, Maidstone, ME14ME14 5UA42 Addresses|112 m away
- ME14 5SZ, Blacksmith Drive, Weavering, Maidstone, ME14ME14 5SZ48 Addresses|120 m away
- ME14 5SR, Farrier Close, Weavering, Maidstone, ME14ME14 5SR33 Addresses|139 m away
- ME14 5UB, Granary Close, Weavering, Maidstone, ME14ME14 5UB25 Addresses|161 m away
- ME14 5SU, Coulters Close, Weavering, Maidstone, ME14ME14 5SU19 Addresses|185 m away
Property Types
- 1 period house built between 1800 and 1911
- period house (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is E.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Jan 2022£1,200,000 | 5 Bed HouseGrove Lodge, New Cut Road, Maidstone, ME14 5PSGrove Lodge, New Cut Road, Maidstone, ME14 5PS
- Sold Jul 2023£825,000 | 4 Bed HouseEast Lodge, New Cut Road, Maidstone, ME14 5PTEast Lodge, New Cut Road, Maidstone, ME14 5PT
- Sold Mar 2018£535,000 | 4 Bed HouseEast Lodge, New Cut Road, Maidstone, ME14 5PTEast Lodge, New Cut Road, Maidstone, ME14 5PT
Schools Nearby
- Maidstone, St John's Church of England Primary School300 m away
- Leigh Academy Bearsted900 m away
- Valley Invicta Primary School At East Borough1.1 km away
- School of Science and Technology Maidstone500 m away
- Valley Park School800 m away
- Invicta Grammar School900 m away
More reading links
Public Transport Nearby
The closest station to ME14 5PT is Maidstone East station, which is 1.9 kilometres away.
- Maidstone East|1.9 km away
- Bearsted|2.0 km away
- Maidstone West|2.4 km away
- Maidstone Barracks|2.5 km away
