ME16 0ZE is a residential postcode situated on Marigold Way, Maidstone, ME16 with 15 addresses.
It ranks as the 310th largest and 123rd 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 15 properties: 15 flats.
ME16 0ZE is a residential postcode situated on Marigold Way, Maidstone, ME16 with 15 addresses.
It ranks as the 310th largest and 123rd 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 15 properties: 15 flats.
Sale prices range from £208,661 for 2 bedroom leasehold flats (764 ft2) to £245,929 for 3 bedroom leasehold flats (1,033 ft2) .
Monthly rental prices range from £1,057 pcm for 2 bed flats to £1,215 pcm for 3 bed flats.
The gross rental yield is between 5.9% and 6.1%.
The average value per square foot is £273.
The last sale in ME16 0ZE sold for £226,500 on 4th June 2024. Since then prices are down an average of 1.7%.
The current average value in the postcode is £214,324.
The ME16 0ZE Sales Market has increased by 9.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.6% | £214,324 |
| April 2025 | -1.6% | £215,606 |
| April 2024 | -0.3% | £219,115 |
| April 2023 | 0.7% | £219,741 |
| April 2022 | 4.2% | £218,197 |
| April 2021 | 4.7% | £209,333 |
| April 2020 | -1.8% | £199,994 |
| April 2019 | -1.7% | £203,589 |
| April 2018 | 2.3% | £207,080 |
| April 2017 | 3% | £202,449 |
| April 2016 | 9.4% | £196,614 |
| April 2015 | 8.3% | £179,799 |
| April 2014 | 8.3% | £166,092 |
| April 2013 | 1.6% | £153,326 |
| April 2012 | 1.1% | £150,949 |
| April 2011 | -4% | £149,265 |
| April 2010 | 5.4% | £155,504 |
| April 2009 | -16.3% | £147,596 |
| April 2008 | 1.9% | £176,236 |
| April 2007 | 0% | £172,993 |
The current average rental value in the postcode is £1,079.
The ME16 0ZE Rental Market has increased by 27.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.6% | £1,079pcm |
| April 2025 | 1.6% | £1,073pcm |
| April 2024 | 8.2% | £1,056pcm |
| April 2023 | 9.5% | £976pcm |
| April 2022 | 4.7% | £892pcm |
| April 2021 | 1.3% | £852pcm |
| April 2020 | 0% | £841pcm |
| April 2019 | 1.6% | £841pcm |
| April 2018 | -2.8% | £827pcm |
| April 2017 | 0.1% | £851pcm |
| April 2016 | 3.8% | £850pcm |
| April 2015 | 7.3% | £819pcm |
| April 2014 | 2.3% | £763pcm |
| April 2013 | 1% | £746pcm |
| April 2012 | 2.4% | £738pcm |
| April 2011 | 1.9% | £721pcm |
| April 2010 | 0.4% | £708pcm |
| April 2009 | -8.2% | £705pcm |
| April 2008 | 7.8% | £768pcm |
| April 2007 | 0% | £712pcm |
The last sale was on 4th June 2024 for £226,500 and since then the market in the area has decreased by 1.7%. The postcode has had a total of 35 sales since 1995.
ME16 0ZE has seen 1 sale in the last three years and no sales in the last twelve months.
ME16 0ZE is the 310th largest and the 123rd most expensive postcode out of the 733 postcodes in the ME16 area.
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The closest station to ME16 0ZE is Barming station which is 1.5 kilometres away.
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