Merton Road - ME15 8LT
Key Postcode Insights
ME15 8LT is a residential postcode situated on Merton Road, Bearsted, Maidstone, ME15 with 20 addresses.
It ranks as the 865th largest and 433rd 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 20 properties: 20 houses.
- Ave. Sale Price
- £297,524
- 10 Year change
- up 25.6%
- Ave. Rental Price
- £1,402pcm
- 10 Year change
- up 49.7%
- Ave. £ per ft²
- £428/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Key Postcode Insights
ME15 8LT is a residential postcode situated on Merton Road, Bearsted, Maidstone, ME15 with 20 addresses.
It ranks as the 865th largest and 433rd 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 20 properties: 20 houses.
- Ave. Sale Price
- £297,524
- 10 Year change
- up 25.6%
- Ave. Rental Price
- £1,402pcm
- 10 Year change
- up 49.7%
- Ave. £ per ft²
- £428/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Explore Propertiesin ME15 8LT
- 113 Merton Road
3 Bed Mid-century House
- 115 Merton Road
Unknown
- 117 Merton Road
Unknown
- 119 Merton Road
3 Bed Mid-century House
- 121 Merton Road
Unknown
Sales Market Trends
The last sale in ME15 8LT sold for £280,000 on 30th June 2025. Since then prices are up an average of 0.1%.
The current average value in the postcode is £297,524.
The ME15 8LT Sales Market has increased by 25.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.2% | £297,524 |
| June 2025 | 2.7% | £298,055 |
| June 2024 | -3.1% | £290,250 |
| June 2023 | 0.6% | £299,619 |
| June 2022 | 10% | £297,774 |
| June 2021 | 7.7% | £270,693 |
| June 2020 | -0.5% | £251,424 |
| June 2019 | -0.7% | £252,635 |
| June 2018 | 1.8% | £254,428 |
| June 2017 | 5.6% | £250,043 |
| June 2016 | 11.5% | £236,811 |
| June 2015 | 9.7% | £212,340 |
| June 2014 | 10% | £193,633 |
| June 2013 | 2.2% | £176,040 |
| June 2012 | 3.4% | £172,176 |
| June 2011 | -1.8% | £166,488 |
| June 2010 | 7.2% | £169,462 |
| June 2009 | -13.7% | £158,034 |
| June 2008 | -0.2% | £183,160 |
| June 2007 | 0% | £183,450 |
Rental Market Trends
The current average rental value in the postcode is £1,402.
The ME15 8LT Rental Market has increased by 49.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.1% | £1,402pcm |
| June 2025 | 4% | £1,374pcm |
| June 2024 | 6.9% | £1,321pcm |
| June 2023 | 9.5% | £1,237pcm |
| June 2022 | 9.4% | £1,129pcm |
| June 2021 | 5.1% | £1,032pcm |
| June 2020 | 1.2% | £982pcm |
| June 2019 | 1.1% | £970pcm |
| June 2018 | 0.1% | £960pcm |
| June 2017 | 2.3% | £958pcm |
| June 2016 | 8% | £937pcm |
| June 2015 | 8.2% | £868pcm |
| June 2014 | 4.3% | £802pcm |
| June 2013 | 3.4% | £769pcm |
| June 2012 | 2.5% | £743pcm |
| June 2011 | 2.1% | £725pcm |
| June 2010 | 6.3% | £711pcm |
| June 2009 | -6.8% | £669pcm |
| June 2008 | 5.3% | £718pcm |
| June 2007 | 0% | £682pcm |
Sales History
The last sale was on 30th June 2025 for £280,000 and since then the market in the area has increased by 0.1%. The postcode has had a total of 27 sales since 1995.
ME15 8LT has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Jun 2025£280,000 | 3 Bed House131, Merton Road, Maidstone, ME15 8LT131, Merton Road, Maidstone, ME15 8LT
- Sold May 2023£290,000 | 3 Bed House135, Merton Road, Maidstone, ME15 8LT135, Merton Road, Maidstone, ME15 8LT
- Sold Oct 2022£293,000 | 3 Bed House149, Merton Road, Maidstone, ME15 8LT149, Merton Road, Maidstone, ME15 8LT
- Sold Sep 2022£327,500 | 3 Bed House147, Merton Road, Maidstone, ME15 8LT147, Merton Road, Maidstone, ME15 8LT
- Sold Mar 2021£235,000 | 3 Bed House127, Merton Road, Maidstone, ME15 8LT127, Merton Road, Maidstone, ME15 8LT
Nearby Postcodes
ME15 8LT is the 865th largest and the 433rd most expensive postcode out of the 1,321 postcodes in the ME15 area.
- ME15 8JU, Willington Street, Maidstone, ME15ME15 8JU37 Addresses|69 m away
- ME15 8LR, Merton Road, Bearsted, Maidstone, ME15ME15 8LR16 Addresses|82 m away
- ME15 8LP, Merton Road, Bearsted, Maidstone, ME15ME15 8LP17 Addresses|89 m away
- ME15 8LS, Merton Road, Bearsted, Maidstone, ME15ME15 8LS34 Addresses|89 m away
- ME15 8QX, Willington Street, Maidstone, ME15ME15 8QX1 Addresses|97 m away
Property Types
- 12 mid-century houses built between 1936 and 1979
- 8 other addresses of unknown type
- mid-century house (12)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 12 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (6)
- G (0)
- D (6)
- No EPC (8)
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 School400 m away
- Greenfields Community Primary School1.0 km away
- Roseacre Junior School1.2 km away
- School of Science and Technology Maidstone1.5 km away
- Valley Park School1.8 km away
- Maidstone Grammar School2.0 km away
More reading links
Public Transport Nearby
The closest station to ME15 8LT is Bearsted station, which is 1.8 kilometres away.
- Bearsted|1.8 km away
- Maidstone East|3.1 km away
- Maidstone West|3.2 km away
- Maidstone Barracks|3.6 km away
