Mill Lane - ME18 5PE
Key Postcode Insights
ME18 5PE is a residential postcode situated on Mill Lane, Wateringbury, Maidstone, ME18 with 21 addresses.
It ranks as the 795th largest and 863rd most expensive of the 1,030 postcodes in the ME18 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
- £773,779
- 10 Year change
- up 27.1%
- Ave. Rental Price
- £2,754pcm
- 10 Year change
- up 46.8%
- Ave. £ per ft²
- £476/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Key Postcode Insights
ME18 5PE is a residential postcode situated on Mill Lane, Wateringbury, Maidstone, ME18 with 21 addresses.
It ranks as the 795th largest and 863rd most expensive of the 1,030 postcodes in the ME18 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
- £773,779
- 10 Year change
- up 27.1%
- Ave. Rental Price
- £2,754pcm
- 10 Year change
- up 46.8%
- Ave. £ per ft²
- £476/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Explore Propertiesin ME18 5PE
- 1 Mill Lane
House
- 3 Mill Lane
4 Bed Mid-century House
- 5 Mill Lane
4 Bed Mid-century House
- 7 Mill Lane
5 Bed Period House
- 16 Mill Lane
House
Sales Market Trends
The last sale in ME18 5PE sold for £630,000 on 4th April 2023. Since then prices are up an average of 0.7%.
The current average value in the postcode is £773,779.
The ME18 5PE Sales Market has increased by 27.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.6% | £773,779 |
| June 2025 | 3% | £768,912 |
| June 2024 | -2% | £746,432 |
| June 2023 | -0.1% | £761,483 |
| June 2022 | 7.7% | £762,229 |
| June 2021 | 7.6% | £707,620 |
| June 2020 | 0.2% | £657,418 |
| June 2019 | -0.4% | £655,918 |
| June 2018 | 2.4% | £658,267 |
| June 2017 | 5.6% | £642,845 |
| June 2016 | 9.5% | £608,635 |
| June 2015 | 6.9% | £555,579 |
| June 2014 | 8.9% | £519,482 |
| June 2013 | 1.2% | £477,122 |
| June 2012 | 1.8% | £471,291 |
| June 2011 | 0.2% | £463,007 |
| June 2010 | 9% | £462,223 |
| June 2009 | -9.6% | £423,890 |
| June 2008 | -0.2% | £468,960 |
| June 2007 | 0% | £470,083 |
Rental Market Trends
The current average rental value in the postcode is £2,754.
The ME18 5PE Rental Market has increased by 46.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.4% | £2,754pcm |
| June 2025 | 3.9% | £2,689pcm |
| June 2024 | 6% | £2,587pcm |
| June 2023 | 10.2% | £2,440pcm |
| June 2022 | 8.6% | £2,215pcm |
| June 2021 | 5.2% | £2,038pcm |
| June 2020 | 1% | £1,937pcm |
| June 2019 | 1.3% | £1,918pcm |
| June 2018 | -0.6% | £1,892pcm |
| June 2017 | 1.5% | £1,903pcm |
| June 2016 | 5.5% | £1,876pcm |
| June 2015 | 8.4% | £1,778pcm |
| June 2014 | 4% | £1,640pcm |
| June 2013 | 1.8% | £1,577pcm |
| June 2012 | 3.8% | £1,549pcm |
| June 2011 | 0.9% | £1,492pcm |
| June 2010 | 7.1% | £1,479pcm |
| June 2009 | -7.1% | £1,381pcm |
| June 2008 | 4.1% | £1,486pcm |
| June 2007 | 0% | £1,427pcm |
Sales History
The last sale was on 4th April 2023 for £630,000 and since then the market in the area has increased by 0.7%. The postcode has had a total of 28 sales since 1995.
ME18 5PE has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Apr 2023£630,000 | 4 Bed House20, Mill Lane, Maidstone, ME18 5PE20, Mill Lane, Maidstone, ME18 5PE
- Sold Mar 2021£2,300,000 | 5 Bed House35, Mill Lane, Maidstone, ME18 5PE35, Mill Lane, Maidstone, ME18 5PE
- Sold Dec 2020£630,000 | 4 Bed House43, Mill Lane, Maidstone, ME18 5PE43, Mill Lane, Maidstone, ME18 5PE
- Sold Nov 2019£600,000 | 4 Bed House5, Mill Lane, Maidstone, ME18 5PE5, Mill Lane, Maidstone, ME18 5PE
- Sold Nov 2019£790,000 | 5 Bed House18, Mill Lane, Maidstone, ME18 5PE18, Mill Lane, Maidstone, ME18 5PE
Nearby Postcodes
ME18 5PE is the 795th largest and the 863rd most expensive postcode out of the 1,030 postcodes in the ME18 area.
- ME18 5PF, Mill Lane, Wateringbury, Maidstone, ME18ME18 5PF4 Addresses|15 m away
- ME18 5PD, Upper Mill, Wateringbury, Maidstone, ME18ME18 5PD20 Addresses|117 m away
- ME18 5PN, Red House Gardens, Wateringbury, Maidstone, ME18ME18 5PN12 Addresses|139 m away
- ME18 5PL, Old Road, Wateringbury, Maidstone, ME18ME18 5PL15 Addresses|207 m away
- ME18 5PB, Lodge Close, Wateringbury, Maidstone, ME18ME18 5PB4 Addresses|212 m away
Property Types
- 7 period houses built between 1800 and 1911
- 1 modern house built after 1980
- 10 mid-century houses built between 1936 and 1979
- 3 other addresses of unknown type
- period house (7)
- modern house (1)
- mid-century house (10)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 18 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (3)
- C (5)
- G (0)
- D (7)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Mar 2021£2,300,000 | 5 Bed House35, Mill Lane, Maidstone, ME18 5PE35, Mill Lane, Maidstone, ME18 5PE
- Sold Nov 2019£790,000 | 5 Bed House18, Mill Lane, Maidstone, ME18 5PE18, Mill Lane, Maidstone, ME18 5PE
- Sold Dec 2020£630,000 | 4 Bed House43, Mill Lane, Maidstone, ME18 5PE43, Mill Lane, Maidstone, ME18 5PE
Schools Nearby
- Wateringbury Church of England Primary School700 m away
- The Discovery School1.9 km away
- Kings Hill School Primary and Nursery2.2 km away
- The Malling School4.2 km away
- Aylesford School6.0 km away
- St Simon Stock Catholic School6.0 km away
More reading links
Public Transport Nearby
The closest station to ME18 5PE is Wateringbury station, which is 800 metres away.
- Wateringbury|800 m away
- Yalding|3.2 km away
- East Malling|3.8 km away
- West Malling|4.1 km away
