Lambourne Road - ME15 8LZ
Key Postcode Insights
ME15 8LZ is a residential postcode situated on Lambourne Road, Bearsted, Maidstone, ME15 with 15 addresses.
It ranks as the 710th largest and 420th 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 15 properties: 15 houses.
- Ave. Sale Price
- £301,954
- 10 Year change
- up 25.2%
- Ave. Rental Price
- £1,409pcm
- 10 Year change
- up 49.2%
- Ave. £ per ft²
- £423/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Key Postcode Insights
ME15 8LZ is a residential postcode situated on Lambourne Road, Bearsted, Maidstone, ME15 with 15 addresses.
It ranks as the 710th largest and 420th 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 15 properties: 15 houses.
- Ave. Sale Price
- £301,954
- 10 Year change
- up 25.2%
- Ave. Rental Price
- £1,409pcm
- 10 Year change
- up 49.2%
- Ave. £ per ft²
- £423/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Explore Propertiesin ME15 8LZ
- 4 Lambourne Road
House
- 5 Lambourne Road
4 Bed Mid-century House
- 6 Lambourne Road
3 Bed Mid-century House
- 7 Lambourne Road
3 Bed Modern House
- 8 Lambourne Road
House
Sales Market Trends
The last sale in ME15 8LZ sold for £225,000 on 24th May 2024. Since then prices are down an average of 0.4%.
The current average value in the postcode is £301,954.
The ME15 8LZ Sales Market has increased by 25.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.1% | £301,954 |
| June 2025 | 2.4% | £301,590 |
| June 2024 | -3.1% | £294,472 |
| June 2023 | 0.7% | £303,868 |
| June 2022 | 9.5% | £301,720 |
| June 2021 | 7.6% | £275,479 |
| June 2020 | -0.4% | £255,936 |
| June 2019 | -0.6% | £256,977 |
| June 2018 | 1.6% | £258,492 |
| June 2017 | 5.5% | £254,300 |
| June 2016 | 11% | £241,092 |
| June 2015 | 9.5% | £217,131 |
| June 2014 | 9.6% | £198,298 |
| June 2013 | 2.2% | £180,895 |
| June 2012 | 3.4% | £177,013 |
| June 2011 | -1.4% | £171,256 |
| June 2010 | 7.6% | £173,747 |
| June 2009 | -13.3% | £161,474 |
| June 2008 | -0.1% | £186,176 |
| June 2007 | 0% | £186,451 |
Rental Market Trends
The current average rental value in the postcode is £1,409.
The ME15 8LZ Rental Market has increased by 49.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.4% | £1,409pcm |
| June 2025 | 3.7% | £1,377pcm |
| June 2024 | 6.9% | £1,328pcm |
| June 2023 | 9.6% | £1,242pcm |
| June 2022 | 8.9% | £1,133pcm |
| June 2021 | 5.1% | £1,041pcm |
| June 2020 | 1.3% | £990pcm |
| June 2019 | 1.2% | £978pcm |
| June 2018 | 0% | £966pcm |
| June 2017 | 2.2% | £965pcm |
| June 2016 | 7.5% | £945pcm |
| June 2015 | 8% | £879pcm |
| June 2014 | 4% | £814pcm |
| June 2013 | 3.4% | £782pcm |
| June 2012 | 2.4% | £757pcm |
| June 2011 | 2.4% | £739pcm |
| June 2010 | 6.6% | £722pcm |
| June 2009 | -6.4% | £677pcm |
| June 2008 | 5.3% | £723pcm |
| June 2007 | 0% | £686pcm |
Sales History
The last sale was on 24th May 2024 for £225,000 and since then the market in the area has decreased by 0.4%. The postcode has had a total of 22 sales since 1995.
ME15 8LZ has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold May 2024£225,000 | 2 Bed House17A, Lambourne Road, Maidstone, ME15 8LZ17A, Lambourne Road, Maidstone, ME15 8LZ
- Sold Jul 2023£450,000 | 4 Bed House5, Lambourne Road, Maidstone, ME15 8LZ5, Lambourne Road, Maidstone, ME15 8LZ
- Sold Nov 2020£255,000 | 3 Bed House16, Lambourne Road, Maidstone, ME15 8LZ16, Lambourne Road, Maidstone, ME15 8LZ
- Sold Jan 2020£242,000 | 3 Bed House14, Lambourne Road, Maidstone, ME15 8LZ14, Lambourne Road, Maidstone, ME15 8LZ
- Sold May 2016£170,000 | 2 Bed House17A, Lambourne Road, Maidstone, ME15 8LZ17A, Lambourne Road, Maidstone, ME15 8LZ
Nearby Postcodes
ME15 8LZ is the 710th largest and the 420th most expensive postcode out of the 1,321 postcodes in the ME15 area.
- ME15 8NB, Lambourne Road, Bearsted, Maidstone, ME15ME15 8NB7 Addresses|24 m away
- ME15 8NA, Egremont Road, Bearsted, Maidstone, ME15ME15 8NA6 Addresses|42 m away
- ME15 8LN, Merton Road, Bearsted, Maidstone, ME15ME15 8LN16 Addresses|55 m away
- ME15 8LP, Merton Road, Bearsted, Maidstone, ME15ME15 8LP17 Addresses|80 m away
- ME15 8NE, Madginford Road, Bearsted, Maidstone, ME15ME15 8NE3 Addresses|96 m away
Property Types
- 2 modern houses built after 1980
- 9 mid-century houses built between 1936 and 1979
- 4 other addresses of unknown type
- modern house (2)
- mid-century house (9)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 11 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (9)
- G (0)
- D (2)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Aug 2017£475,000 | 3 Bed House3, Lambourne Road, Maidstone, ME15 8NB3, Lambourne Road, Maidstone, ME15 8NB
- Sold Jul 2023£450,000 | 4 Bed House5, Lambourne Road, Maidstone, ME15 8LZ5, Lambourne Road, Maidstone, ME15 8LZ
- Sold Apr 2021£407,000 | 4 Bed House1, Lambourne Road, Maidstone, ME15 8NB1, Lambourne Road, Maidstone, ME15 8NB
Schools Nearby
- Madginford Primary School400 m away
- Roseacre Junior School1.0 km away
- Thurnham Church of England Infant School1.1 km away
- School of Science and Technology Maidstone1.4 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 8LZ 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|3.5 km away