ME16 0AZ is a residential postcode situated on Springvale, Maidstone, ME16 with 12 addresses.
It ranks as the 233rd largest and 22nd most expensive of the 733 postcodes in the ME16 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 12 properties: 12 flats.
ME16 0AZ is a residential postcode situated on Springvale, Maidstone, ME16 with 12 addresses.
It ranks as the 233rd largest and 22nd most expensive of the 733 postcodes in the ME16 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 12 properties: 12 flats.
Sale prices range from £114,857 for 1 bedroom leasehold flats (312 ft2) to £169,920 for 2 bedroom leasehold flats (678 ft2) .
Monthly rental prices range from £714 pcm for 1 bed flats to £1,016 pcm for 2 bed flats.
The gross rental yield is between 7.2% and 7.5%.
The average value per square foot is £316.
The last sale in ME16 0AZ sold for £135,000 on 18th July 2025. Since then prices are up an average of 1.6%.
The current average value in the postcode is £141,442.
The ME16 0AZ Sales Market has increased by 13.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.3% | £141,442 |
| April 2025 | -0.6% | £139,656 |
| April 2024 | -0.5% | £140,556 |
| April 2023 | 0.2% | £141,230 |
| April 2022 | 6% | £141,002 |
| April 2021 | 5.1% | £133,024 |
| April 2020 | -1.1% | £126,595 |
| April 2019 | -2.8% | £128,049 |
| April 2018 | 2.1% | £131,702 |
| April 2017 | 3.7% | £128,970 |
| April 2016 | 10.1% | £124,374 |
| April 2015 | 7.7% | £112,985 |
| April 2014 | 9.5% | £104,911 |
| April 2013 | 0.9% | £95,781 |
| April 2012 | -1.3% | £94,962 |
| April 2011 | -3.9% | £96,257 |
| April 2010 | 4.5% | £100,113 |
| April 2009 | -15.3% | £95,828 |
| April 2008 | 0.5% | £113,177 |
| April 2007 | 0% | £112,592 |
The current average rental value in the postcode is £868.
The ME16 0AZ Rental Market has increased by 32.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.4% | £868pcm |
| April 2025 | 2.1% | £848pcm |
| April 2024 | 8.4% | £831pcm |
| April 2023 | 8.6% | £767pcm |
| April 2022 | 6.4% | £706pcm |
| April 2021 | 2% | £664pcm |
| April 2020 | 0.7% | £651pcm |
| April 2019 | 0% | £646pcm |
| April 2018 | -2.2% | £646pcm |
| April 2017 | 0.6% | £661pcm |
| April 2016 | 5.1% | £657pcm |
| April 2015 | 6.3% | £625pcm |
| April 2014 | 3.6% | £588pcm |
| April 2013 | 0.8% | £567pcm |
| April 2012 | -0.6% | £563pcm |
| April 2011 | 1.7% | £567pcm |
| April 2010 | 0.2% | £557pcm |
| April 2009 | -7% | £556pcm |
| April 2008 | 5.9% | £598pcm |
| April 2007 | 0% | £565pcm |
The last sale was on 18th July 2025 for £135,000 and since then the market in the area has increased by 1.6%. The postcode has had a total of 27 sales since 1995.
ME16 0AZ has seen 2 sales in the last three years and 1 sale in the last twelve months.
ME16 0AZ is the 233rd largest and the 22nd most expensive postcode out of the 733 postcodes in the ME16 area.
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The closest station to ME16 0AZ is Maidstone West station which is 300 metres away.
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