Cherry Orchard Way - ME16 8TH
Key Postcode Insights
ME16 8TH is a residential postcode situated on Cherry Orchard Way, Maidstone, ME16 with 12 addresses.
It ranks as the 250th largest and 238th most expensive of the 733 postcodes in the ME16 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 12 properties: 10 houses and 2 other properties.
- Ave. Sale Price
- £316,229
- 10 Year change
- up 22.8%
- Ave. Rental Price
- £1,564pcm
- 10 Year change
- up 45.4%
- Ave. £ per ft²
- £297/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Key Postcode Insights
ME16 8TH is a residential postcode situated on Cherry Orchard Way, Maidstone, ME16 with 12 addresses.
It ranks as the 250th largest and 238th most expensive of the 733 postcodes in the ME16 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 12 properties: 10 houses and 2 other properties.
- Ave. Sale Price
- £316,229
- 10 Year change
- up 22.8%
- Ave. Rental Price
- £1,564pcm
- 10 Year change
- up 45.4%
- Ave. £ per ft²
- £297/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Explore Properties in ME16 8TH
- 34 Cherry Orchard Way
3 Bed Early-century House
- 35 Cherry Orchard Way
3 Bed Early-century House
- 36 Cherry Orchard Way
3 Bed Early-century House
Sales Market Trends
The last sale in ME16 8TH sold for £275,000 on 29th April 2021. Since then prices are up an average of 9.9%.
The current average value in the postcode is £316,229.
The ME16 8TH Sales Market has increased by 22.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.4% | £316,229 |
| June 2025 | 0.8% | £315,085 |
| June 2024 | -1.7% | £312,568 |
| June 2023 | 0.7% | £317,997 |
| June 2022 | 8.8% | £315,746 |
| June 2021 | 6.8% | £290,315 |
| June 2020 | -0.3% | £271,937 |
| June 2019 | -2.5% | £272,666 |
| June 2018 | 3.5% | £279,599 |
| June 2017 | 5% | £270,230 |
| June 2016 | 10.9% | £257,425 |
| June 2015 | 8.6% | £232,167 |
| June 2014 | 12.2% | £213,870 |
| June 2013 | 2.5% | £190,619 |
| June 2012 | 2.3% | £186,002 |
| June 2011 | -3.9% | £181,862 |
| June 2010 | 10.6% | £189,184 |
| June 2009 | -13.7% | £171,067 |
| June 2008 | -2.5% | £198,176 |
| June 2007 | 0% | £203,337 |
Rental Market Trends
The current average rental value in the postcode is £1,564.
The ME16 8TH Rental Market has increased by 45.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.6% | £1,564pcm |
| June 2025 | 3.8% | £1,525pcm |
| June 2024 | 5.8% | £1,469pcm |
| June 2023 | 10.4% | £1,389pcm |
| June 2022 | 8.8% | £1,258pcm |
| June 2021 | 5.1% | £1,157pcm |
| June 2020 | 0.8% | £1,101pcm |
| June 2019 | 1.4% | £1,093pcm |
| June 2018 | -0.9% | £1,077pcm |
| June 2017 | 1.1% | £1,087pcm |
| June 2016 | 5.5% | £1,076pcm |
| June 2015 | 9.1% | £1,019pcm |
| June 2014 | 4.1% | £934pcm |
| June 2013 | 2.4% | £898pcm |
| June 2012 | 3.9% | £876pcm |
| June 2011 | 0.8% | £843pcm |
| June 2010 | 6.6% | £837pcm |
| June 2009 | -7.2% | £785pcm |
| June 2008 | 4.8% | £846pcm |
| June 2007 | 0% | £808pcm |
Sales History
The last recorded sale was on 29th April 2021 for £275,000 and since then the market in the area has increased by 9.9%.
ME16 8TH has had 3 sales since 1995, none of them in the last three years.
- Sold Apr 2021£275,000 | 3 Bed House42, Cherry Orchard Way, Maidstone, ME16 8TH42, Cherry Orchard Way, Maidstone, ME16 8TH
- Sold Mar 2018£255,000 | 3 Bed House40, Cherry Orchard Way, Maidstone, ME16 8TH40, Cherry Orchard Way, Maidstone, ME16 8TH
- Sold Apr 2015£220,000 | 3 Bed House42, Cherry Orchard Way, Maidstone, ME16 8TH42, Cherry Orchard Way, Maidstone, ME16 8TH
Nearby Postcodes
ME16 8TH is the 250th largest and the 238th most expensive postcode out of the 733 postcodes in the ME16 area.
- ME16 8TL, Greenway, Maidstone, ME16ME16 8TL6 Addresses|51 m away
- ME16 8TW, Greenway, Maidstone, ME16ME16 8TW10 Addresses|65 m away
- ME16 8TP, West Walk, Maidstone, ME16ME16 8TP16 Addresses|74 m away
- ME16 8TJ, Cherry Orchard Way, Maidstone, ME16ME16 8TJ32 Addresses|91 m away
- ME16 8TN, Greenway, Maidstone, ME16ME16 8TN16 Addresses|98 m away
Property Types
- 5 mid-century houses built between 1936 and 1979
- 5 early-century houses built between 1912 and 1935
- 2 other addresses of unknown type
- mid-century house (5)
- early-century house (5)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 10 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (0)
- C (2)
- G (0)
- D (5)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Apr 2024£342,000 | 3 Bed House22, Cherry Orchard Way, Maidstone, ME16 8TJ22, Cherry Orchard Way, Maidstone, ME16 8TJ
- Sold Feb 2021£320,000 | 3 Bed House31, Cherry Orchard Way, Maidstone, ME16 8TJ31, Cherry Orchard Way, Maidstone, ME16 8TJ
- Sold Jan 2018£295,000 | 3 Bed House4, Cherry Orchard Way, Maidstone, ME16 8TJ4, Cherry Orchard Way, Maidstone, ME16 8TJ
Schools Nearby
- West Borough Primary School100 m away
- St Francis' Catholic Primary School, Maidstone500 m away
- Jubilee Primary School600 m away
- Oakwood Park Grammar School600 m away
- St Simon Stock Catholic School600 m away
- St Augustine Academy600 m away
More reading links
Public Transport Nearby
The closest station to ME16 8TH is East Farleigh station, which is 1.7 kilometres away.
- East Farleigh|1.7 km away
- Maidstone West|1.8 km away
- Maidstone Barracks|1.8 km away
- Barming|1.9 km away
