River Bank Close - ME15 7RZ
Key Postcode Insights
ME15 7RZ is a residential postcode situated on River Bank Close, Maidstone, ME15 with 36 addresses.
It ranks as the 1179th largest and 203rd most expensive of the 1,321 postcodes in the ME15 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 36 properties: 36 flats.
- Ave. Sale Price
- £186,846
- 10 Year change
- up 10.5%
- Ave. Rental Price
- £996pcm
- 10 Year change
- up 32.7%
- Ave. £ per ft²
- £311/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
ME15 7RZ is a residential postcode situated on River Bank Close, Maidstone, ME15 with 36 addresses.
It ranks as the 1179th largest and 203rd most expensive of the 1,321 postcodes in the ME15 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 36 properties: 36 flats.
- Ave. Sale Price
- £186,846
- 10 Year change
- up 10.5%
- Ave. Rental Price
- £996pcm
- 10 Year change
- up 32.7%
- Ave. £ per ft²
- £311/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Propertiesin ME15 7RZ
- 33 River Bank Close
2 Bed Modern Flat
- 34 River Bank Close
2 Bed Modern Flat
- 35 River Bank Close
2 Bed Modern Flat
- 36 River Bank Close
2 Bed Modern Flat
- 37 River Bank Close
2 Bed Modern Flat
Sales Market Trends
The last sale in ME15 7RZ sold for £180,000 on 9th March 2026. Since then prices are up an average of 0.5%.
The current average value in the postcode is £186,846.
The ME15 7RZ Sales Market has increased by 10.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.1% | £186,846 |
| June 2025 | -0.5% | £186,567 |
| June 2024 | -0.6% | £187,484 |
| June 2023 | -0.7% | £188,566 |
| June 2022 | 5.2% | £189,836 |
| June 2021 | 4.5% | £180,393 |
| June 2020 | -0.6% | £172,659 |
| June 2019 | -1% | £173,710 |
| June 2018 | 0.2% | £175,536 |
| June 2017 | 3.6% | £175,263 |
| June 2016 | 9.1% | £169,131 |
| June 2015 | 8.2% | £155,088 |
| June 2014 | 9.1% | £143,335 |
| June 2013 | 0.3% | £131,428 |
| June 2012 | 0.4% | £131,050 |
| June 2011 | -1.8% | £130,478 |
| June 2010 | 3.8% | £132,922 |
| June 2009 | -13.8% | £128,098 |
| June 2008 | -2.5% | £148,675 |
| June 2007 | 0% | £152,476 |
Rental Market Trends
The current average rental value in the postcode is £996.
The ME15 7RZ Rental Market has increased by 32.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £996pcm |
| June 2025 | 1% | £974pcm |
| June 2024 | 8.4% | £964pcm |
| June 2023 | 7.9% | £890pcm |
| June 2022 | 6.2% | £824pcm |
| June 2021 | 2.7% | £776pcm |
| June 2020 | 1% | £756pcm |
| June 2019 | 0.8% | £748pcm |
| June 2018 | -1.3% | £742pcm |
| June 2017 | 0.1% | £752pcm |
| June 2016 | 5.6% | £751pcm |
| June 2015 | 5.9% | £711pcm |
| June 2014 | 3.5% | £672pcm |
| June 2013 | 1.6% | £649pcm |
| June 2012 | -1.1% | £639pcm |
| June 2011 | 2.5% | £646pcm |
| June 2010 | 2.7% | £630pcm |
| June 2009 | -8.1% | £613pcm |
| June 2008 | 5.8% | £667pcm |
| June 2007 | 0% | £630pcm |
Sales History
The last sale was on 9th March 2026 for £180,000 and since then the market in the area has increased by 0.5%. The postcode has had a total of 88 sales since 1995.
ME15 7RZ has seen 7 sales in the last three years and 3 sales in the last twelve months.
- Sold Mar 2026£180,000 | 2 Bed Flat35, River Bank Close, Maidstone, ME15 7RZ35, River Bank Close, Maidstone, ME15 7RZ
- Sold Jan 2026£90,000 | 2 Bed Flat44, River Bank Close, Maidstone, ME15 7RZ44, River Bank Close, Maidstone, ME15 7RZ
- Sold Nov 2025£182,000 | 2 Bed Flat62, River Bank Close, Maidstone, ME15 7RZ62, River Bank Close, Maidstone, ME15 7RZ
- Sold Feb 2024£175,000 | 2 Bed Flat33, River Bank Close, Maidstone, ME15 7RZ33, River Bank Close, Maidstone, ME15 7RZ
- Sold Jul 2023£225,000 | 2 Bed Flat52, River Bank Close, Maidstone, ME15 7RZ52, River Bank Close, Maidstone, ME15 7RZ
Nearby Postcodes
ME15 7RZ is the 1179th largest and the 203rd most expensive postcode out of the 1,321 postcodes in the ME15 area.
- ME15 7SE, River Bank Close, Maidstone, ME15ME15 7SE32 Addresses|61 m away
- ME15 6EE, The Chenies, Maidstone, ME15ME15 6EE21 Addresses|102 m away
- ME15 7TN, Square Hill Road, Maidstone, ME15ME15 7TN29 Addresses|141 m away
- ME15 6EG, Chancery Lane, Maidstone, ME15ME15 6EG19 Addresses|146 m away
- ME15 7FA, Square Hill, Maidstone, ME15ME15 7FA14 Addresses|150 m away
Property Types
- 33 modern flats built after 1980
- 1 mid-century flat built between 1936 and 1979
- 2 other addresses of unknown type
- modern flat (33)
- mid-century flat (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 34 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (7)
- F (0)
- C (24)
- G (0)
- D (3)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Jul 2022£234,000 | 2 Bed Flat53, River Bank Close, Maidstone, ME15 7RZ53, River Bank Close, Maidstone, ME15 7RZ
- Sold Jul 2023£225,000 | 2 Bed Flat52, River Bank Close, Maidstone, ME15 7RZ52, River Bank Close, Maidstone, ME15 7RZ
- Sold Jul 2023£215,000 | 2 Bed Flat50, River Bank Close, Maidstone, ME15 7RZ50, River Bank Close, Maidstone, ME15 7RZ
Schools Nearby
- Valley Invicta Primary School At East Borough400 m away
- South Borough Primary School1.0 km away
- Archbishop Courtenay Primary School1.3 km away
- Invicta Grammar School500 m away
- Valley Park School700 m away
- Maidstone Grammar School800 m away
More reading links
Public Transport Nearby
The closest station to ME15 7RZ is Maidstone East station, which is 900 metres away.
- Maidstone East|900 m away
- Maidstone West|1.0 km away
- Maidstone Barracks|1.2 km away
- Bearsted|3.3 km away
