ME16 9NS is a residential postcode situated on Hermitage Lane, Maidstone, ME16 with 4 addresses.
It ranks as the 64th largest and 261st 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 4 properties: 4 houses.
ME16 9NS is a residential postcode situated on Hermitage Lane, Maidstone, ME16 with 4 addresses.
It ranks as the 64th largest and 261st 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 4 properties: 4 houses.
Sale prices range from £210,542 for 3 bedroom freehold houses with a garden (645 ft2) to £368,386 for 4 bedroom freehold houses with a garden (1,743 ft2) .
Monthly rental prices range from £1,116 pcm for 3 bed houses to £1,661 pcm for 4 bed houses.
The gross rental yield is between 5.4% and 6.4%.
The average value per square foot is £290.
The last sale in ME16 9NS sold for £220,000 on 25th September 2013. Since then prices are up an average of 64.8%.
The current average value in the postcode is £301,539.
The ME16 9NS Sales Market has increased by 25.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.7% | £301,539 |
| May 2025 | 0.5% | £296,504 |
| May 2024 | -1.4% | £294,923 |
| May 2023 | 1.2% | £299,220 |
| May 2022 | 8.2% | £295,645 |
| May 2021 | 7.1% | £273,314 |
| May 2020 | -0.4% | £255,284 |
| May 2019 | -1.7% | £256,190 |
| May 2018 | 2.9% | £260,573 |
| May 2017 | 5.5% | £253,235 |
| May 2016 | 10.4% | £240,116 |
| May 2015 | 9.6% | £217,575 |
| May 2014 | 10.3% | £198,466 |
| May 2013 | 2.2% | £179,918 |
| May 2012 | 1.6% | £176,017 |
| May 2011 | -2.5% | £173,229 |
| May 2010 | 10.4% | £177,615 |
| May 2009 | -14.1% | £160,860 |
| May 2008 | -0.3% | £187,270 |
| May 2007 | 0% | £187,804 |
The current average rental value in the postcode is £1,431.
The ME16 9NS Rental Market has increased by 44.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.5% | £1,431pcm |
| May 2025 | 3.4% | £1,396pcm |
| May 2024 | 6.3% | £1,350pcm |
| May 2023 | 10.7% | £1,269pcm |
| May 2022 | 8.2% | £1,146pcm |
| May 2021 | 4.4% | £1,059pcm |
| May 2020 | 0.9% | £1,015pcm |
| May 2019 | 1.3% | £1,006pcm |
| May 2018 | -1.1% | £993pcm |
| May 2017 | 1.7% | £1,005pcm |
| May 2016 | 5.3% | £988pcm |
| May 2015 | 8.9% | £938pcm |
| May 2014 | 3.4% | £862pcm |
| May 2013 | 2.4% | £833pcm |
| May 2012 | 3.6% | £814pcm |
| May 2011 | 1.6% | £786pcm |
| May 2010 | 6.5% | £773pcm |
| May 2009 | -6.9% | £726pcm |
| May 2008 | 5.8% | £780pcm |
| May 2007 | 0% | £737pcm |
The last sale was on 25th September 2013 for £220,000 and since then the market in the area has increased by 64.8%. The postcode has had a total of 1 sales since 1995.
ME16 9NS has seen no sales in the last three years and no sales in the last twelve months.
ME16 9NS is the 64th largest and the 261st most expensive postcode out of the 733 postcodes in the ME16 area.
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The recent census recorded whether a resident owned or rented their home.
In the area around ME16 9NS, % of property is and % is .
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around ME16 9NS, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around ME16 9NS, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around ME16 9NS, there are an average of 0.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.