ME17 1LT is a residential postcode situated on Lenham Road, Ulcombe, Maidstone, ME17 with 5 addresses.
It ranks as the 288th largest and 252nd most expensive of the 1,059 postcodes in the ME17 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 5 properties: 3 houses and 2 flats.
ME17 1LT is a residential postcode situated on Lenham Road, Ulcombe, Maidstone, ME17 with 5 addresses.
It ranks as the 288th largest and 252nd most expensive of the 1,059 postcodes in the ME17 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 5 properties: 3 houses and 2 flats.
Sale prices range from £206,614 for 2 bedroom Leasehold flats (570 ft2) to £1,191,554 for 5 bedroom freehold houses with a garden (5,575 ft2) .
Monthly rental prices range from £918 pcm for 2 bed flats to £3,208 pcm for 5 bed houses.
The gross rental yield is between 3.2% and 5.3%.
The average value per square foot is £362.
The last sale in ME17 1LT sold for £325,000 on 15th April 2021. Since then prices are up an average of 8.7%.
The current average value in the postcode is £505,050.
The ME17 1LT Sales Market has increased by 22.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.7% | £505,050 |
| April 2025 | 0.3% | £496,786 |
| April 2024 | -4.7% | £495,217 |
| April 2023 | 1.9% | £519,392 |
| April 2022 | 11.1% | £509,560 |
| April 2021 | 6.2% | £458,638 |
| April 2020 | -1% | £431,742 |
| April 2019 | 3.8% | £436,249 |
| April 2018 | 1.4% | £420,200 |
| April 2017 | 0.5% | £414,398 |
| April 2016 | 8% | £412,535 |
| April 2015 | 9.7% | £381,907 |
| April 2014 | 9.2% | £348,251 |
| April 2013 | -0.5% | £318,824 |
| April 2012 | 0.9% | £320,323 |
| April 2011 | 4.2% | £317,395 |
| April 2010 | 1.6% | £304,459 |
| April 2009 | -12.5% | £299,796 |
| April 2008 | 8.7% | £342,432 |
| April 2007 | 0% | £315,072 |
The current average rental value in the postcode is £1,660.
The ME17 1LT Rental Market has increased by 56.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.4% | £1,660pcm |
| April 2025 | 4.1% | £1,621pcm |
| April 2024 | 10.7% | £1,557pcm |
| April 2023 | 7.8% | £1,407pcm |
| April 2022 | 7.6% | £1,305pcm |
| April 2021 | 5.5% | £1,213pcm |
| April 2020 | 2.9% | £1,151pcm |
| April 2019 | 2.7% | £1,119pcm |
| April 2018 | -0.8% | £1,089pcm |
| April 2017 | 3.3% | £1,097pcm |
| April 2016 | 5.7% | £1,063pcm |
| April 2015 | 6.2% | £1,006pcm |
| April 2014 | 3.7% | £947pcm |
| April 2013 | 5.1% | £913pcm |
| April 2012 | 2.2% | £869pcm |
| April 2011 | 3.5% | £851pcm |
| April 2010 | 1% | £822pcm |
| April 2009 | -1.8% | £814pcm |
| April 2008 | 5.4% | £829pcm |
| April 2007 | 0% | £787pcm |
The last sale was on 15th April 2021 for £325,000 and since then the market in the area has increased by 8.7%. The postcode has had a total of 5 sales since 1995.
ME17 1LT has seen no sales in the last three years and no sales in the last twelve months.
ME17 1LT is the 288th largest and the 252nd most expensive postcode out of the 1,059 postcodes in the ME17 area.
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According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around ME17 1LT, 45.3% of property is privately owned outright and 34.2% is privately owned with a mortgage.
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 ME17 1LT, 16.2% of residents are recorded as possessing school level qualifications and 30.5% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around ME17 1LT, the average age was 43.6 and the most common age was 57.
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 ME17 1LT, 3.2% 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 ME17 1LT, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.