ME16 8SH is a residential postcode situated on Tonbridge Road, Maidstone, ME16 with 23 addresses.
It ranks as the 452nd largest and 32nd most expensive of the 733 postcodes in the ME16 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 23 properties: 1 house and 22 flats.
ME16 8SH is a residential postcode situated on Tonbridge Road, Maidstone, ME16 with 23 addresses.
It ranks as the 452nd largest and 32nd most expensive of the 733 postcodes in the ME16 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 23 properties: 1 house and 22 flats.
Sale prices range from £111,236 for 1 bedroom leasehold flats (269 ft2) to £376,455 for 4 bedroom freehold houses with a garden (1,463 ft2) .
Monthly rental prices range from £670 pcm for 1 bed flats to £1,804 pcm for 4 bed houses.
The gross rental yield is between 5.8% and 7.3%.
The average value per square foot is £301.
The last sale in ME16 8SH sold for £91,500 on 29th May 2024. Since then prices are down an average of 0.3%.
The current average value in the postcode is £172,340.
The ME16 8SH Sales Market has increased by 16.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.8% | £172,340 |
| April 2025 | -0.2% | £170,988 |
| April 2024 | -0.9% | £171,259 |
| April 2023 | 1% | £172,778 |
| April 2022 | 6% | £171,143 |
| April 2021 | 5.6% | £161,417 |
| April 2020 | -1.2% | £152,892 |
| April 2019 | -2.1% | £154,798 |
| April 2018 | 2.4% | £158,178 |
| April 2017 | 4% | £154,450 |
| April 2016 | 10% | £148,456 |
| April 2015 | 8.4% | £134,909 |
| April 2014 | 9.1% | £124,482 |
| April 2013 | 1.8% | £114,052 |
| April 2012 | 0% | £111,994 |
| April 2011 | -3.6% | £112,035 |
| April 2010 | 5.3% | £116,246 |
| April 2009 | -15.6% | £110,416 |
| April 2008 | 1.2% | £130,752 |
| April 2007 | 0% | £129,170 |
The current average rental value in the postcode is £1,000.
The ME16 8SH Rental Market has increased by 35.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.9% | £1,000pcm |
| April 2025 | 2.6% | £981pcm |
| April 2024 | 7.9% | £957pcm |
| April 2023 | 9.4% | £886pcm |
| April 2022 | 6.4% | £810pcm |
| April 2021 | 2.4% | £761pcm |
| April 2020 | 0.6% | £743pcm |
| April 2019 | 0.7% | £738pcm |
| April 2018 | -1.9% | £733pcm |
| April 2017 | 0.9% | £748pcm |
| April 2016 | 5% | £741pcm |
| April 2015 | 7% | £705pcm |
| April 2014 | 3.3% | £659pcm |
| April 2013 | 1.8% | £638pcm |
| April 2012 | 0.7% | £627pcm |
| April 2011 | 1.9% | £623pcm |
| April 2010 | 1% | £612pcm |
| April 2009 | -7.2% | £606pcm |
| April 2008 | 6.6% | £653pcm |
| April 2007 | 0% | £612pcm |
The last sale was on 29th May 2024 for £91,500 and since then the market in the area has decreased by 0.3%. The postcode has had a total of 47 sales since 1995.
ME16 8SH has seen 2 sales in the last three years and no sales in the last twelve months.
ME16 8SH is the 452nd largest and the 32nd most expensive postcode out of the 733 postcodes in the ME16 area.
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The closest station to ME16 8SH is Maidstone West station which is 300 metres away.
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