Merton Road - ME15 8LW
Key Postcode Insights
ME15 8LW is a residential postcode situated on Merton Road, Bearsted, Maidstone, ME15 with 6 addresses.
It ranks as the 303rd largest and 855th 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 6 properties: 6 houses.
- Ave. Sale Price
- £378,537
- 10 Year change
- up 24.8%
- Ave. Rental Price
- £1,637pcm
- 10 Year change
- up 48.7%
- Ave. £ per ft²
- £368/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Key Postcode Insights
ME15 8LW is a residential postcode situated on Merton Road, Bearsted, Maidstone, ME15 with 6 addresses.
It ranks as the 303rd largest and 855th 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 6 properties: 6 houses.
- Ave. Sale Price
- £378,537
- 10 Year change
- up 24.8%
- Ave. Rental Price
- £1,637pcm
- 10 Year change
- up 48.7%
- Ave. £ per ft²
- £368/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Explore Propertiesin ME15 8LW
- 170 Merton Road
4 Bed Mid-century House
- 172 Merton Road
3 Bed Mid-century House
- 174 Merton Road
3 Bed Mid-century House
- 176 Merton Road
Unknown
- 178 Merton Road
3 Bed Mid-century House
Sales Market Trends
The last sale in ME15 8LW sold for £427,500 on 4th October 2024. Since then prices are up an average of 2.0%.
The current average value in the postcode is £378,537.
The ME15 8LW Sales Market has increased by 24.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.4% | £378,537 |
| June 2025 | 2.1% | £376,906 |
| June 2024 | -3.1% | £368,996 |
| June 2023 | 0.8% | £380,719 |
| June 2022 | 9.1% | £377,626 |
| June 2021 | 7.6% | £346,234 |
| June 2020 | -0.3% | £321,785 |
| June 2019 | -0.4% | £322,892 |
| June 2018 | 1.5% | £324,348 |
| June 2017 | 5.4% | £319,501 |
| June 2016 | 10.6% | £303,238 |
| June 2015 | 9.4% | £274,195 |
| June 2014 | 9.3% | £250,739 |
| June 2013 | 2.1% | £229,474 |
| June 2012 | 3.3% | £224,654 |
| June 2011 | -1.1% | £217,453 |
| June 2010 | 7.9% | £219,929 |
| June 2009 | -12.8% | £203,734 |
| June 2008 | -0.1% | £233,690 |
| June 2007 | 0% | £233,993 |
Rental Market Trends
The current average rental value in the postcode is £1,637.
The ME15 8LW Rental Market has increased by 48.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.7% | £1,637pcm |
| June 2025 | 3.4% | £1,594pcm |
| June 2024 | 6.9% | £1,541pcm |
| June 2023 | 9.7% | £1,441pcm |
| June 2022 | 8.5% | £1,314pcm |
| June 2021 | 5.1% | £1,212pcm |
| June 2020 | 1.3% | £1,153pcm |
| June 2019 | 1.4% | £1,138pcm |
| June 2018 | -0.1% | £1,122pcm |
| June 2017 | 2.1% | £1,123pcm |
| June 2016 | 7.1% | £1,101pcm |
| June 2015 | 7.9% | £1,028pcm |
| June 2014 | 3.7% | £953pcm |
| June 2013 | 3.3% | £919pcm |
| June 2012 | 2.4% | £890pcm |
| June 2011 | 2.8% | £869pcm |
| June 2010 | 7% | £846pcm |
| June 2009 | -5.9% | £791pcm |
| June 2008 | 5.3% | £840pcm |
| June 2007 | 0% | £798pcm |
Sales History
The last sale was on 4th October 2024 for £427,500 and since then the market in the area has increased by 2.0%. The postcode has had a total of 11 sales since 1995.
ME15 8LW has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Oct 2024£427,500 | 4 Bed House170, Merton Road, Maidstone, ME15 8LW170, Merton Road, Maidstone, ME15 8LW
- Sold Dec 2020£315,000 | 3 Bed House172, Merton Road, Maidstone, ME15 8LW172, Merton Road, Maidstone, ME15 8LW
- Sold Sep 2019£350,000 | 4 Bed House180, Merton Road, Maidstone, ME15 8LW180, Merton Road, Maidstone, ME15 8LW
- Sold Mar 2018£300,000 | 4 Bed House170, Merton Road, Maidstone, ME15 8LW170, Merton Road, Maidstone, ME15 8LW
- Sold Mar 2016£285,000 | 3 Bed House174, Merton Road, Maidstone, ME15 8LW174, Merton Road, Maidstone, ME15 8LW
Nearby Postcodes
ME15 8LW is the 303rd largest and the 855th most expensive postcode out of the 1,321 postcodes in the ME15 area.
- ME15 8LU, Tydeman Road, Bearsted, Maidstone, ME15ME15 8LU43 Addresses|66 m away
- ME15 8LS, Merton Road, Bearsted, Maidstone, ME15ME15 8LS34 Addresses|72 m away
- ME15 8LN, Merton Road, Bearsted, Maidstone, ME15ME15 8LN16 Addresses|76 m away
- ME15 8LJ, Merton Road, Bearsted, Maidstone, ME15ME15 8LJ41 Addresses|83 m away
- ME15 8LP, Merton Road, Bearsted, Maidstone, ME15ME15 8LP17 Addresses|104 m away
Property Types
- 5 mid-century houses built between 1936 and 1979
- 1 other address of unknown type
- mid-century house (5)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (4)
- No EPC (1)
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 School200 m away
- Roseacre Junior School1.0 km away
- Thurnham Church of England Infant School1.0 km away
- School of Science and Technology Maidstone1.5 km away
- Valley Park School1.9 km away
- Invicta Grammar School2.1 km away
More reading links
Public Transport Nearby
The closest station to ME15 8LW is Bearsted station, which is 1.7 kilometres away.
- Bearsted|1.7 km away
- Maidstone East|3.2 km away
- Maidstone West|3.3 km away
- Maidstone Barracks|3.6 km away
