Banky Meadow - ME16 9LA
Key Postcode Insights
ME16 9LA is a residential postcode situated on Banky Meadow, Maidstone, ME16 with 21 addresses.
It ranks as the 432nd largest and 668th most expensive of the 733 postcodes in the ME16 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 21 properties: 21 houses.
- Ave. Sale Price
- £554,753
- 10 Year change
- up 23.1%
- Ave. Rental Price
- £2,024pcm
- 10 Year change
- up 45.7%
- Ave. £ per ft²
- £464/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Key Postcode Insights
ME16 9LA is a residential postcode situated on Banky Meadow, Maidstone, ME16 with 21 addresses.
It ranks as the 432nd largest and 668th most expensive of the 733 postcodes in the ME16 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 21 properties: 21 houses.
- Ave. Sale Price
- £554,753
- 10 Year change
- up 23.1%
- Ave. Rental Price
- £2,024pcm
- 10 Year change
- up 45.7%
- Ave. £ per ft²
- £464/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Explore Propertiesin ME16 9LA
- 12 Banky Meadow
House
- 14 Banky Meadow
House
- 16 Banky Meadow
House
- 17 Banky Meadow
5 Bed Mid-century House
- 18 Banky Meadow
4 Bed Mid-century House
Sales Market Trends
The last sale in ME16 9LA sold for £540,000 on 12th December 2025. Since then prices are down an average of 0.4%.
The current average value in the postcode is £554,753.
The ME16 9LA Sales Market has increased by 23.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.2% | £554,753 |
| June 2025 | 0.9% | £553,513 |
| June 2024 | -1.7% | £548,480 |
| June 2023 | 0.7% | £558,138 |
| June 2022 | 9% | £554,378 |
| June 2021 | 6.8% | £508,581 |
| June 2020 | -0.3% | £476,251 |
| June 2019 | -2.5% | £477,808 |
| June 2018 | 3.6% | £490,294 |
| June 2017 | 5% | £473,338 |
| June 2016 | 11.1% | £450,589 |
| June 2015 | 8.6% | £405,691 |
| June 2014 | 12.4% | £373,535 |
| June 2013 | 2.5% | £332,399 |
| June 2012 | 2.3% | £324,286 |
| June 2011 | -4% | £317,058 |
| June 2010 | 10.5% | £330,303 |
| June 2009 | -13.9% | £298,967 |
| June 2008 | -2.6% | £347,328 |
| June 2007 | 0% | £356,591 |
Rental Market Trends
The current average rental value in the postcode is £2,024.
The ME16 9LA Rental Market has increased by 45.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.4% | £2,024pcm |
| June 2025 | 3.9% | £1,976pcm |
| June 2024 | 5.8% | £1,902pcm |
| June 2023 | 10.3% | £1,798pcm |
| June 2022 | 9.1% | £1,630pcm |
| June 2021 | 5.1% | £1,495pcm |
| June 2020 | 0.7% | £1,422pcm |
| June 2019 | 1.4% | £1,412pcm |
| June 2018 | -0.8% | £1,393pcm |
| June 2017 | 1.1% | £1,405pcm |
| June 2016 | 5.7% | £1,389pcm |
| June 2015 | 9.1% | £1,314pcm |
| June 2014 | 4.2% | £1,204pcm |
| June 2013 | 2.4% | £1,155pcm |
| June 2012 | 3.9% | £1,127pcm |
| June 2011 | 0.7% | £1,085pcm |
| June 2010 | 6.5% | £1,078pcm |
| June 2009 | -7.5% | £1,012pcm |
| June 2008 | 4.7% | £1,094pcm |
| June 2007 | 0% | £1,045pcm |
Sales History
The last sale was on 12th December 2025 for £540,000 and since then the market in the area has decreased by 0.4%. The postcode has had a total of 21 sales since 1995.
ME16 9LA has seen 3 sales in the last three years and 1 sale in the last twelve months.
- Sold Dec 2025£540,000 | 4 Bed House24, Banky Meadow, Maidstone, ME16 9LA24, Banky Meadow, Maidstone, ME16 9LA
- Sold Oct 2024£537,500 | 4 Bed House31, Banky Meadow, Maidstone, ME16 9LA31, Banky Meadow, Maidstone, ME16 9LA
- Sold Feb 2024£490,000 | 4 Bed House27, Banky Meadow, Maidstone, ME16 9LA27, Banky Meadow, Maidstone, ME16 9LA
- Sold Jan 2022£650,005 | 4 Bed House21, Banky Meadow, Maidstone, ME16 9LA21, Banky Meadow, Maidstone, ME16 9LA
- Sold Feb 2021£413,500 | 3 Bed House22, Banky Meadow, Maidstone, ME16 9LA22, Banky Meadow, Maidstone, ME16 9LA
Nearby Postcodes
ME16 9LA is the 432nd largest and the 668th most expensive postcode out of the 733 postcodes in the ME16 area.
- ME16 9LB, Long Rede Lane, Barming, Maidstone, ME16ME16 9LB33 Addresses|122 m away
- ME16 9PA, Springwood Close, Maidstone, ME16ME16 9PA17 Addresses|132 m away
- ME16 9GR, Stables End, Barming, Maidstone, ME16ME16 9GR5 Addresses|133 m away
- ME16 9GY, Bridle Way, Barming, Maidstone, ME16ME16 9GY6 Addresses|136 m away
- ME16 9JY, Maplesden Close, Maidstone, ME16ME16 9JY6 Addresses|136 m away
Property Types
- 11 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 1 early-century house built between 1912 and 1935
- 8 other addresses of unknown type
- mid-century house (11)
- house (1)
- early-century house (1)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 12 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (11)
- No EPC (9)
Top 3 Most Expensive Sales
- Sold Feb 2023£778,334 | 5 Bed House13, Banky Meadow, Maidstone, ME16 9JX13, Banky Meadow, Maidstone, ME16 9JX
- Sold May 2022£750,000 | 4 Bed House8, Banky Meadow, Maidstone, ME16 9JX8, Banky Meadow, Maidstone, ME16 9JX
- Sold Jan 2022£650,005 | 4 Bed House21, Banky Meadow, Maidstone, ME16 9LA21, Banky Meadow, Maidstone, ME16 9LA
Schools Nearby
- Barming Primary School500 m away
- Jubilee Primary School1.0 km away
- West Borough Primary School1.0 km away
- St Simon Stock Catholic School1.4 km away
- Oakwood Park Grammar School1.5 km away
- St Augustine Academy1.6 km away
More reading links
Public Transport Nearby
The closest station to ME16 9LA is East Farleigh station, which is 1.7 kilometres away.
- East Farleigh|1.7 km away
- Barming|1.7 km away
- Maidstone West|2.7 km away
- Maidstone Barracks|2.7 km away