ME15 9LU is a residential postcode situated on Penfold Close, Maidstone, ME15 with 38 addresses.
It ranks as the 1213th largest and 79th most expensive of the 1,320 postcodes in the ME15 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 38 properties: 38 flats.
ME15 9LU is a residential postcode situated on Penfold Close, Maidstone, ME15 with 38 addresses.
It ranks as the 1213th largest and 79th most expensive of the 1,320 postcodes in the ME15 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 38 properties: 38 flats.
Sale prices range from £117,304 for 2 bedroom leasehold flats (645 ft2) to £171,439 for 2 bedroom leasehold flats (785 ft2) .
Monthly rental prices range from £744 pcm for 2 bed flats to £1,035 pcm for 2 bed flats.
The gross rental yield is between 7.2% and 8.0%.
The average value per square foot is £246.
The last sale in ME15 9LU sold for £120,000 on 28th April 2021. Since then prices are up an average of 11.3%.
The current average value in the postcode is £152,923.
The ME15 9LU Sales Market has increased by 16.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.2% | £152,923 |
| April 2025 | 0.2% | £151,175 |
| April 2024 | -2.4% | £150,799 |
| April 2023 | 0.5% | £154,493 |
| April 2022 | 8.5% | £153,690 |
| April 2021 | 5.3% | £141,713 |
| April 2020 | -0.6% | £134,587 |
| April 2019 | -0.7% | £135,429 |
| April 2018 | 0.7% | £136,396 |
| April 2017 | 3.6% | £135,508 |
| April 2016 | 9.3% | £130,788 |
| April 2015 | 8.4% | £119,704 |
| April 2014 | 8% | £110,396 |
| April 2013 | -0.8% | £102,182 |
| April 2012 | -0.9% | £102,955 |
| April 2011 | 0% | £103,855 |
| April 2010 | 0.5% | £103,816 |
| April 2009 | -14.6% | £103,314 |
| April 2008 | 5.7% | £120,965 |
| April 2007 | 0% | £114,468 |
The current average rental value in the postcode is £973.
The ME15 9LU Rental Market has increased by 34.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.8% | £973pcm |
| April 2025 | 2% | £955pcm |
| April 2024 | 9.6% | £936pcm |
| April 2023 | 7.4% | £854pcm |
| April 2022 | 5.8% | £795pcm |
| April 2021 | 2.8% | £751pcm |
| April 2020 | 1.9% | £731pcm |
| April 2019 | 0% | £717pcm |
| April 2018 | -1.3% | £718pcm |
| April 2017 | 0.8% | £727pcm |
| April 2016 | 6.2% | £721pcm |
| April 2015 | 5.8% | £679pcm |
| April 2014 | 2.5% | £642pcm |
| April 2013 | 1.5% | £626pcm |
| April 2012 | -1.5% | £616pcm |
| April 2011 | 3.5% | £626pcm |
| April 2010 | -0.2% | £604pcm |
| April 2009 | -5% | £605pcm |
| April 2008 | 5.7% | £637pcm |
| April 2007 | 0% | £603pcm |
The last sale was on 28th April 2021 for £120,000 and since then the market in the area has increased by 11.3%. The postcode has had a total of 6 sales since 1995.
ME15 9LU has seen no sales in the last three years and no sales in the last twelve months.
ME15 9LU is the 1213th largest and the 79th most expensive postcode out of the 1,320 postcodes in the ME15 area.
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