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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
ME16 8JPHouse Prices / South East, Maidstone, Penny Cress Gardens
Last updated May 2026
Key Postcode Insights
ME16 8JP is a residential postcode situated on Penny Cress Gardens, Maidstone, ME16 with 9 addresses.
It ranks as the 177th largest and 687th most expensive of the 733 postcodes in the ME16 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 9 properties: 9 houses.
9
Properties
- Houses
Key Postcode Insights
ME16 8JP is a residential postcode situated on Penny Cress Gardens, Maidstone, ME16 with 9 addresses.
It ranks as the 177th largest and 687th most expensive of the 733 postcodes in the ME16 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 9 properties: 9 houses.
9
Properties
- Houses
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House Pricesin ME16 8JP
Sale prices range from £553,894 for 4 bedroom freehold houses with a garden (1,216 ft2) to £593,178 for 4 bedroom freehold houses with a garden (1,370 ft2) .
Monthly rental prices range from £2,072 pcm for 4 bed houses to £2,163 pcm for 4 bed houses.
The gross rental yield is between 4.4% and 4.5%.
The average value per square foot is £447.
Average Sale Value
£568,206
Average Rental Value
£2,105 pcm
Average Rental Yield
4.4% /year
Average Value Per Sqft
£447 /ft2
Sales Market Trendsin ME16 8JP
The last sale in ME16 8JP sold for £540,000 on 15th December 2023. Since then prices are up an average of 1.2%.
The current average value in the postcode is £568,206.
The ME16 8JP Sales Market has increased by 23.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.2% | £568,206 |
| April 2025 | 0.1% | £561,384 |
| April 2024 | -1.5% | £560,922 |
| April 2023 | 2.2% | £569,523 |
| April 2022 | 7% | £557,038 |
| April 2021 | 7.4% | £520,569 |
| April 2020 | -1.1% | £484,578 |
| April 2019 | -2% | £489,783 |
| April 2018 | 4.2% | £499,898 |
| April 2017 | 4.5% | £479,701 |
| April 2016 | 10.4% | £458,982 |
| April 2015 | 9.7% | £415,889 |
| April 2014 | 9.6% | £379,209 |
| April 2013 | 5.9% | £346,149 |
| April 2012 | 2% | £326,846 |
| April 2011 | -4.1% | £320,372 |
| April 2010 | 9.3% | £334,063 |
| April 2009 | -15.2% | £305,598 |
| April 2008 | 1.4% | £360,197 |
| April 2007 | 0% | £355,323 |
Rental Market Trendsin ME16 8JP
The current average rental value in the postcode is £2,105.
The ME16 8JP Rental Market has increased by 44.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.4% | £2,105pcm |
| April 2025 | 3.4% | £2,055pcm |
| April 2024 | 6.8% | £1,988pcm |
| April 2023 | 11.2% | £1,861pcm |
| April 2022 | 7.5% | £1,674pcm |
| April 2021 | 3.9% | £1,557pcm |
| April 2020 | 0.8% | £1,499pcm |
| April 2019 | 1.3% | £1,487pcm |
| April 2018 | -1.1% | £1,467pcm |
| April 2017 | 1.7% | £1,483pcm |
| April 2016 | 4.7% | £1,459pcm |
| April 2015 | 8.8% | £1,393pcm |
| April 2014 | 3.5% | £1,281pcm |
| April 2013 | 5.3% | £1,238pcm |
| April 2012 | 3.3% | £1,176pcm |
| April 2011 | 1.9% | £1,138pcm |
| April 2010 | 4% | £1,117pcm |
| April 2009 | -7% | £1,074pcm |
| April 2008 | 7.4% | £1,155pcm |
| April 2007 | 0% | £1,076pcm |
Explore Propertiesin ME16 8JP, Penny Cress Gardens, Maidstone, ME16
- 1, Penny Cress Gardens, Maidstone, ME16 8JP
- 2, Penny Cress Gardens, Maidstone, ME16 8JP4 bed modern house
- 3, Penny Cress Gardens, Maidstone, ME16 8JP
- 4, Penny Cress Gardens, Maidstone, ME16 8JP
- 5, Penny Cress Gardens, Maidstone, ME16 8JP4 bed modern house
- 6, Penny Cress Gardens, Maidstone, ME16 8JP4 bed modern house
- 7, Penny Cress Gardens, Maidstone, ME16 8JP4 bed modern house
- 8, Penny Cress Gardens, Maidstone, ME16 8JP4 bed modern house
- 9, Penny Cress Gardens, Maidstone, ME16 8JP4 bed house
Sales Historyin ME16 8JP
The last sale was on 15th December 2023 for £540,000 and since then the market in the area has increased by 1.2%. The postcode has had a total of 16 sales since 1995.
ME16 8JP has seen 1 sale in the last three years and no sales in the last twelve months.
Sold Dec 2023£540,000 | 4 Bed HousePenny Cress Gardens2, Penny Cress Gardens, Maidstone, ME16 8JP
Sold Feb 2022£580,000 | 4 Bed HousePenny Cress Gardens8, Penny Cress Gardens, Maidstone, ME16 8JP
Sold Aug 2021£542,500 | 4 Bed HousePenny Cress Gardens7, Penny Cress Gardens, Maidstone, ME16 8JP
Sold Oct 2015£445,000 | 4 Bed HousePenny Cress Gardens9, Penny Cress Gardens, Maidstone, ME16 8JP
Sold Nov 2014£362,500 | 4 Bed HousePenny Cress Gardens5, Penny Cress Gardens, Maidstone, ME16 8JP
Sold Oct 2013£370,000 | 4 Bed HousePenny Cress Gardens7, Penny Cress Gardens, Maidstone, ME16 8JP
Sold Jun 2007£332,500 | 4 Bed HousePenny Cress Gardens5, Penny Cress Gardens, Maidstone, ME16 8JP
Sold Jul 2004£269,995 | 4 Bed HousePenny Cress Gardens2, Penny Cress Gardens, Maidstone, ME16 8JP
Sold Jun 2002£291,000 | 4 Bed HousePenny Cress Gardens4, Penny Cress Gardens, Maidstone, ME16 8JP
Sold Sep 2000£250,000 | 4 Bed HousePenny Cress Gardens7, Penny Cress Gardens, Maidstone, ME16 8JP
Sold Aug 2000£229,950 | 4 Bed HousePenny Cress Gardens1, Penny Cress Gardens, Maidstone, ME16 8JP
Sold Jun 2000£249,750 | 4 Bed HousePenny Cress Gardens9, Penny Cress Gardens, Maidstone, ME16 8JP
Sold May 2000£216,500 | 4 Bed HousePenny Cress Gardens8, Penny Cress Gardens, Maidstone, ME16 8JP
Sold Apr 2000£187,750 | 4 Bed HousePenny Cress Gardens2, Penny Cress Gardens, Maidstone, ME16 8JP
Sold Mar 2000£227,000 | 4 Bed HousePenny Cress Gardens4, Penny Cress Gardens, Maidstone, ME16 8JP
Sold Mar 2000£199,950 | 4 Bed HousePenny Cress Gardens5, Penny Cress Gardens, Maidstone, ME16 8JP
Nearby Postcodesto ME16 8JP
ME16 8JP is the 177th largest and the 687th most expensive postcode out of the 733 postcodes in the ME16 area.
- 70 mME16 8SR, Tonbridge Road, Maidstone, ME16ME16 8SR34 Addresses
- 78 mME16 8AB, Oakwood Road, Maidstone, ME16ME16 8AB33 Addresses
- 83 mME16 8SX, Tonbridge Road, Maidstone, ME16ME16 8SX13 Addresses
- 145 mME16 8JT, Milton Street, Maidstone, ME16ME16 8JT26 Addresses
- 185 mME16 8NA, Tonbridge Road, Maidstone, ME16ME16 8NA40 Addresses
- 192 mME16 8AN, Grosvenor Court, Maidstone, ME16ME16 8AN3 Addresses
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Property Typesin ME16 8JP
- 5 modern houses built after 1980
- 1 house of an unknown age
- 3 other addresses of unknown type
- modern house (5)
- house (1)
- Unknown (3)
Energy Efficiencyof properties in ME16 8JP
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (3)
- G (0)
- D (2)
- No EPC (4)
Top 3 Most Expensive Saleson Penny Cress Gardens
Schools Nearbyto ME16 8JP
The nearest primary school to ME16 8JP is St Francis' Catholic Primary School, Maidstone which is 567 metres away.
- 567mSt Francis' Catholic Primary School, Maidstone
- 602mWest Borough Primary School
- 780mMaidstone, St Michael's Church of England Junior School
The nearest secondary school is Oakwood Park Grammar School which is 113 metres away.
- 113mOakwood Park Grammar School
- 124mSt Augustine Academy
- 462mSt Simon Stock Catholic School
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Public Transport Nearbyto ME16 8JP
The closest station to ME16 8JP is Maidstone West station which is 1.1 kilometres away.
- 1.1kmMaidstone West
- 1.3kmMaidstone Barracks
- 1.8kmMaidstone East
- 1.9kmEast Farleigh
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