ME17 4GB is a residential postcode situated on Penfold Gardens, Boughton Monchelsea, Maidstone, ME17 with 9 addresses.
It ranks as the 565th largest and 487th most expensive of the 1,059 postcodes in the ME17 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 9 properties: 7 houses and 2 flats.
ME17 4GB is a residential postcode situated on Penfold Gardens, Boughton Monchelsea, Maidstone, ME17 with 9 addresses.
It ranks as the 565th largest and 487th most expensive of the 1,059 postcodes in the ME17 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 9 properties: 7 houses and 2 flats.
Sale prices range from £221,615 for 2 bedroom leasehold flats (635 ft2) to £458,306 for 4 bedroom freehold houses with a garden (1,442 ft2) .
Monthly rental prices range from £936 pcm for 2 bed flats to £1,873 pcm for 4 bed houses.
The gross rental yield is between 4.9% and 5.5%.
The average value per square foot is £335.
The last sale in ME17 4GB sold for £230,000 on 23rd August 2023. Since then prices are down an average of 0.2%.
The current average value in the postcode is £383,248.
The ME17 4GB Sales Market has increased by 25.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.7% | £383,248 |
| April 2025 | 1.7% | £380,675 |
| April 2024 | -3.6% | £374,334 |
| April 2023 | 2% | £388,139 |
| April 2022 | 10.1% | £380,392 |
| April 2021 | 6.3% | £345,500 |
| April 2020 | -0.8% | £325,045 |
| April 2019 | 0% | £327,592 |
| April 2018 | 1.4% | £327,450 |
| April 2017 | 5.5% | £322,821 |
| April 2016 | 10.4% | £306,124 |
| April 2015 | 9.7% | £277,357 |
| April 2014 | 8.5% | £252,895 |
| April 2013 | 2% | £232,984 |
| April 2012 | 0.9% | £228,483 |
| April 2011 | 0.2% | £226,350 |
| April 2010 | 3.1% | £226,005 |
| April 2009 | -14.9% | £219,286 |
| April 2008 | 5.8% | £257,728 |
| April 2007 | 0% | £243,691 |
The current average rental value in the postcode is £1,616.
The ME17 4GB Rental Market has increased by 45.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.4% | £1,616pcm |
| April 2025 | 3.7% | £1,594pcm |
| April 2024 | 8.5% | £1,537pcm |
| April 2023 | 9% | £1,417pcm |
| April 2022 | 7.5% | £1,301pcm |
| April 2021 | 3.9% | £1,211pcm |
| April 2020 | 1.7% | £1,165pcm |
| April 2019 | 1.2% | £1,145pcm |
| April 2018 | -0.7% | £1,131pcm |
| April 2017 | 2.5% | £1,140pcm |
| April 2016 | 7.4% | £1,112pcm |
| April 2015 | 7.2% | £1,035pcm |
| April 2014 | 3% | £966pcm |
| April 2013 | 4.3% | £938pcm |
| April 2012 | 0.6% | £899pcm |
| April 2011 | 3.5% | £893pcm |
| April 2010 | 2.4% | £863pcm |
| April 2009 | -5.5% | £843pcm |
| April 2008 | 6% | £892pcm |
| April 2007 | 0% | £841pcm |
The last sale was on 23rd August 2023 for £230,000 and since then the market in the area has decreased by 0.2%. The postcode has had a total of 14 sales since 1995.
ME17 4GB has seen 1 sale in the last three years and no sales in the last twelve months.
ME17 4GB is the 565th largest and the 487th most expensive postcode out of the 1,059 postcodes in the ME17 area.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 4GB, 61.8% of property is privately owned with a mortgage and 17.7% is privately rented.
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 4GB, 26.9% of residents are recorded as possessing school level qualifications and 34.2% 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 4GB, the average age was 40.1 and the most common age was 32.
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 4GB, 0.3% 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 4GB, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.