Merton Road - ME15 8LP
Key Postcode Insights
ME15 8LP is a residential postcode situated on Merton Road, Bearsted, Maidstone, ME15 with 17 addresses.
It ranks as the 781st largest and 512th most expensive of the 1,321 postcodes in the ME15 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
- £318,084
- 10 Year change
- up 25.2%
- Ave. Rental Price
- £1,403pcm
- 10 Year change
- up 49.2%
- Ave. £ per ft²
- £462/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Postcode Insights
ME15 8LP is a residential postcode situated on Merton Road, Bearsted, Maidstone, ME15 with 17 addresses.
It ranks as the 781st largest and 512th most expensive of the 1,321 postcodes in the ME15 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
- £318,084
- 10 Year change
- up 25.2%
- Ave. Rental Price
- £1,403pcm
- 10 Year change
- up 49.2%
- Ave. £ per ft²
- £462/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Propertiesin ME15 8LP
- 169 Merton Road
3 Bed Mid-century House
- 171 Merton Road
2 Bed Mid-century House
- 173 Merton Road
Unknown
- 175 Merton Road
2 Bed Mid-century House
- 177 Merton Road
3 Bed Mid-century House
Sales Market Trends
The last sale in ME15 8LP sold for £297,000 on 9th April 2026. Since then prices are down an average of 0.8%.
The current average value in the postcode is £318,084.
The ME15 8LP Sales Market has increased by 25.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.1% | £318,084 |
| June 2025 | 2.4% | £317,701 |
| June 2024 | -3.1% | £310,202 |
| June 2023 | 0.7% | £320,101 |
| June 2022 | 9.5% | £317,838 |
| June 2021 | 7.6% | £290,195 |
| June 2020 | -0.4% | £269,608 |
| June 2019 | -0.6% | £270,705 |
| June 2018 | 1.6% | £272,301 |
| June 2017 | 5.5% | £267,885 |
| June 2016 | 11% | £253,972 |
| June 2015 | 9.5% | £228,730 |
| June 2014 | 9.6% | £208,891 |
| June 2013 | 2.2% | £190,558 |
| June 2012 | 3.4% | £186,469 |
| June 2011 | -1.4% | £180,405 |
| June 2010 | 7.6% | £183,028 |
| June 2009 | -13.3% | £170,100 |
| June 2008 | -0.1% | £196,122 |
| June 2007 | 0% | £196,411 |
Rental Market Trends
The current average rental value in the postcode is £1,403.
The ME15 8LP Rental Market has increased by 49.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.4% | £1,403pcm |
| June 2025 | 3.7% | £1,371pcm |
| June 2024 | 6.9% | £1,322pcm |
| June 2023 | 9.6% | £1,237pcm |
| June 2022 | 8.9% | £1,128pcm |
| June 2021 | 5.1% | £1,036pcm |
| June 2020 | 1.3% | £986pcm |
| June 2019 | 1.2% | £973pcm |
| June 2018 | 0% | £961pcm |
| June 2017 | 2.2% | £961pcm |
| June 2016 | 7.5% | £941pcm |
| June 2015 | 8% | £875pcm |
| June 2014 | 4% | £810pcm |
| June 2013 | 3.4% | £779pcm |
| June 2012 | 2.4% | £754pcm |
| June 2011 | 2.4% | £736pcm |
| June 2010 | 6.6% | £718pcm |
| June 2009 | -6.4% | £674pcm |
| June 2008 | 5.3% | £719pcm |
| June 2007 | 0% | £683pcm |
Sales History
The last sale was on 9th April 2026 for £297,000 and since then the market in the area has decreased by 0.8%. The postcode has had a total of 33 sales since 1995.
ME15 8LP has seen 3 sales in the last three years and 2 sales in the last twelve months.
- Sold Apr 2026£297,000 | 2 Bed House171, Merton Road, Maidstone, ME15 8LP171, Merton Road, Maidstone, ME15 8LP
- Sold Nov 2025£310,000 | 3 Bed House169, Merton Road, Maidstone, ME15 8LP169, Merton Road, Maidstone, ME15 8LP
- Sold Mar 2024£305,000 | 2 Bed House175, Merton Road, Maidstone, ME15 8LP175, Merton Road, Maidstone, ME15 8LP
- Sold Oct 2022£300,000 | 3 Bed House169, Merton Road, Maidstone, ME15 8LP169, Merton Road, Maidstone, ME15 8LP
- Sold Apr 2021£270,000 | 3 Bed House177, Merton Road, Maidstone, ME15 8LP177, Merton Road, Maidstone, ME15 8LP
Nearby Postcodes
ME15 8LP is the 781st largest and the 512th most expensive postcode out of the 1,321 postcodes in the ME15 area.
- ME15 8JU, Willington Street, Maidstone, ME15ME15 8JU37 Addresses|51 m away
- ME15 8LN, Merton Road, Bearsted, Maidstone, ME15ME15 8LN16 Addresses|51 m away
- ME15 8LZ, Lambourne Road, Bearsted, Maidstone, ME15ME15 8LZ15 Addresses|80 m away
- ME15 8LS, Merton Road, Bearsted, Maidstone, ME15ME15 8LS34 Addresses|80 m away
- ME15 8LT, Merton Road, Bearsted, Maidstone, ME15ME15 8LT20 Addresses|89 m away
Property Types
- 12 mid-century houses built between 1936 and 1979
- 5 other addresses of unknown type
- mid-century house (12)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 12 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (2)
- G (0)
- D (10)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold Oct 2024£427,500 | 4 Bed House170, Merton Road, Maidstone, ME15 8LW170, Merton Road, Maidstone, ME15 8LW
- Sold Feb 2025£406,000 | 4 Bed House156, Merton Road, Maidstone, ME15 8LS156, Merton Road, Maidstone, ME15 8LS
- Sold Apr 2026£400,000 | 4 Bed House217, Merton Road, Maidstone, ME15 8LN217, Merton Road, Maidstone, ME15 8LN
Schools Nearby
- Madginford Primary School300 m away
- Roseacre Junior School1.1 km away
- Thurnham Church of England Infant School1.1 km away
- School of Science and Technology Maidstone1.5 km away
- Valley Park School1.8 km away
- Invicta Grammar School2.0 km away
More reading links
Public Transport Nearby
The closest station to ME15 8LP is Bearsted station, which is 1.7 kilometres away.
- Bearsted|1.7 km away
- Maidstone East|3.1 km away
- Maidstone West|3.2 km away
- Maidstone Barracks|3.6 km away
