Otham Street - ME15 8RW
Key Postcode Insights
ME15 8RW is a residential postcode situated on Otham Street, Otham, Maidstone, ME15 with 4 addresses.
It ranks as the 174th largest and 307th most expensive of the 1,321 postcodes in the ME15 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 4 properties: 2 houses and 2 flats.
- Ave. Sale Price
- £255,582
- 10 Year change
- up 24.8%
- Ave. Rental Price
- £1,318pcm
- 10 Year change
- up 50.7%
- Ave. £ per ft²
- £193/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Key Postcode Insights
ME15 8RW is a residential postcode situated on Otham Street, Otham, Maidstone, ME15 with 4 addresses.
It ranks as the 174th largest and 307th most expensive of the 1,321 postcodes in the ME15 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 4 properties: 2 houses and 2 flats.
- Ave. Sale Price
- £255,582
- 10 Year change
- up 24.8%
- Ave. Rental Price
- £1,318pcm
- 10 Year change
- up 50.7%
- Ave. £ per ft²
- £193/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Explore Propertiesin ME15 8RW
- 1 Wardes Bungalows Otham Street
5 Bed Modern House
- 2 Wardes Bungalows Otham Street
5 Bed Modern House
- Otham Manor
Building | 2 Flats
Sales Market Trends
The last sale in ME15 8RW sold for £400,000 on 10th June 2024. Since then prices are up an average of 1.6%.
The current average value in the postcode is £255,582.
The ME15 8RW Sales Market has increased by 24.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.4% | £255,582 |
| June 2025 | 1.2% | £254,567 |
| June 2024 | -2.6% | £251,454 |
| June 2023 | 0.1% | £258,276 |
| June 2022 | 9% | £257,894 |
| June 2021 | 8% | £236,601 |
| June 2020 | 0.2% | £218,984 |
| June 2019 | -1.1% | £218,500 |
| June 2018 | 1.6% | £220,855 |
| June 2017 | 6.1% | £217,311 |
| June 2016 | 8.1% | £204,855 |
| June 2015 | 5.5% | £189,591 |
| June 2014 | 9.8% | £179,641 |
| June 2013 | 1% | £163,593 |
| June 2012 | -0.3% | £161,975 |
| June 2011 | 0.5% | £162,461 |
| June 2010 | 4.4% | £161,719 |
| June 2009 | -11.2% | £154,968 |
| June 2008 | 1.2% | £174,476 |
| June 2007 | 0% | £172,482 |
Rental Market Trends
The current average rental value in the postcode is £1,318.
The ME15 8RW Rental Market has increased by 50.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £1,318pcm |
| June 2025 | 2.6% | £1,281pcm |
| June 2024 | 8.7% | £1,249pcm |
| June 2023 | 9.7% | £1,149pcm |
| June 2022 | 7% | £1,048pcm |
| June 2021 | 5.2% | £979pcm |
| June 2020 | 2.1% | £931pcm |
| June 2019 | 2.1% | £912pcm |
| June 2018 | -0.2% | £893pcm |
| June 2017 | 2.2% | £895pcm |
| June 2016 | 5.4% | £875pcm |
| June 2015 | 5.7% | £830pcm |
| June 2014 | 4.1% | £785pcm |
| June 2013 | 2.4% | £754pcm |
| June 2012 | 0.8% | £737pcm |
| June 2011 | 3% | £731pcm |
| June 2010 | 3.4% | £710pcm |
| June 2009 | -3.6% | £686pcm |
| June 2008 | 4.6% | £712pcm |
| June 2007 | 0% | £681pcm |
Sales History
The last sale was on 10th June 2024 for £400,000 and since then the market in the area has increased by 1.6%. The postcode has had a total of 5 sales since 1995.
ME15 8RW has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Jun 2024£400,000 | 5 Bed House1 Wardes Bungalows, Otham Street, Maidstone, ME15 8RW1 Wardes Bungalows, Otham Street, Maidstone, ME15 8RW
- Sold Feb 2023£450,000 | 5 Bed House1 Wardes Bungalows, Otham Street, Maidstone, ME15 8RW1 Wardes Bungalows, Otham Street, Maidstone, ME15 8RW
- Sold Dec 2019£550,000 | 5 Bed House2 Wardes Bungalows, Otham Street, Maidstone, ME15 8RW2 Wardes Bungalows, Otham Street, Maidstone, ME15 8RW
- Sold Oct 2013£445,000 | 5 Bed House2 Wardes Bungalows, Otham Street, Maidstone, ME15 8RW2 Wardes Bungalows, Otham Street, Maidstone, ME15 8RW
- Sold Jun 2006£209,000 | 5 Bed House2 Wardes Bungalows, Otham Street, Maidstone, ME15 8RW2 Wardes Bungalows, Otham Street, Maidstone, ME15 8RW
Nearby Postcodes
ME15 8RW is the 174th largest and the 307th most expensive postcode out of the 1,321 postcodes in the ME15 area.
- ME15 8RN, Otham Street, Otham, Maidstone, ME15ME15 8RN7 Addresses|157 m away
- ME15 8RT, Stoneacre Lane, Otham, Maidstone, ME15ME15 8RT1 Addresses|192 m away
- ME15 8RP, Otham Street, Otham, Maidstone, ME15ME15 8RP4 Addresses|239 m away
- ME15 8RL, Otham Street, Otham, Maidstone, ME15ME15 8RL23 Addresses|265 m away
- ME15 8RS, Stoneacre Lane, Otham, Maidstone, ME15ME15 8RS2 Addresses|339 m away
Property Types
- 2 period flats built between 1800 and 1911
- 2 modern houses built after 1980
- period flat (2)
- modern house (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The most common rating is D.
- A (1)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (2)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Nov 2020£1,500,000 | 5 Bed HouseAmber House, Otham Street, Maidstone, ME15 8RLAmber House, Otham Street, Maidstone, ME15 8RL
- Sold Nov 2020£998,000 | 5 Bed HouseGraynoth Place, Otham Street, Maidstone, ME15 8RLGraynoth Place, Otham Street, Maidstone, ME15 8RL
- Sold Jun 2021£870,000 | 5 Bed HouseThe Barn, Otham Street, Maidstone, ME15 8RPThe Barn, Otham Street, Maidstone, ME15 8RP
Schools Nearby
- Senacre Wood Primary School1.1 km away
- Madginford Primary School1.3 km away
- Greenfields Community Primary School1.6 km away
- New Line Learning Academy2.8 km away
- School of Science and Technology Maidstone3.0 km away
- Maidstone Grammar School3.2 km away
More reading links
Public Transport Nearby
The closest station to ME15 8RW is Bearsted station, which is 2.6 kilometres away.
- Bearsted|2.6 km away
- Hollingbourne|4.1 km away
- Maidstone West|4.4 km away
- Maidstone East|4.5 km away
