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ME18 5RJHouse Prices / South East, Tonbridge and Malling, Pelican Court
Last updated May 2026
Key Postcode Insights
ME18 5RJ is a residential postcode situated on Pelican Court, Wateringbury, Maidstone, ME18 with 11 addresses.
It ranks as the 524th largest and 260th most expensive of the 1,030 postcodes in the ME18 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 11 properties: 7 houses and 4 flats.
11
Properties
- Houses
- Flats
Key Postcode Insights
ME18 5RJ is a residential postcode situated on Pelican Court, Wateringbury, Maidstone, ME18 with 11 addresses.
It ranks as the 524th largest and 260th most expensive of the 1,030 postcodes in the ME18 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 11 properties: 7 houses and 4 flats.
11
Properties
- Houses
- Flats
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House Pricesin ME18 5RJ
Sale prices range from £241,352 for 2 bedroom leasehold flats (548 ft2) to £416,710 for 3 bedroom leasehold houses with a garden (742 ft2) .
Monthly rental prices range from £1,328 pcm for 2 bed flats to £1,782 pcm for 3 bed houses.
The gross rental yield is between 5.1% and 6.6%.
The average value per square foot is £561.
Average Sale Value
£338,363
Average Rental Value
£1,562 pcm
Average Rental Yield
5.5% /year
Average Value Per Sqft
£561 /ft2
Sales Market Trendsin ME18 5RJ
The last sale in ME18 5RJ sold for £195,000 on 9th May 2008. Since then prices are up an average of 53.8%.
The current average value in the postcode is £338,363.
The ME18 5RJ Sales Market has increased by 23.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.8% | £338,363 |
| April 2025 | 2.7% | £332,254 |
| April 2024 | -3% | £323,470 |
| April 2023 | 1.3% | £333,374 |
| April 2022 | 6.9% | £329,091 |
| April 2021 | 6.2% | £307,733 |
| April 2020 | -1.2% | £289,729 |
| April 2019 | -1% | £293,172 |
| April 2018 | 2% | £296,109 |
| April 2017 | 5.8% | £290,255 |
| April 2016 | 10.5% | £274,361 |
| April 2015 | 7.9% | £248,386 |
| April 2014 | 9.1% | £230,241 |
| April 2013 | 0.5% | £211,102 |
| April 2012 | 0% | £209,978 |
| April 2011 | -0.5% | £210,025 |
| April 2010 | 5.4% | £211,157 |
| April 2009 | -12.5% | £200,345 |
| April 2008 | 2.4% | £228,910 |
| April 2007 | 0% | £223,466 |
Rental Market Trendsin ME18 5RJ
The current average rental value in the postcode is £1,562.
The ME18 5RJ Rental Market has increased by 40.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.4% | £1,562pcm |
| April 2025 | 3.7% | £1,525pcm |
| April 2024 | 6.8% | £1,471pcm |
| April 2023 | 10.2% | £1,378pcm |
| April 2022 | 8.1% | £1,250pcm |
| April 2021 | 2.6% | £1,157pcm |
| April 2020 | 0.5% | £1,127pcm |
| April 2019 | 0.7% | £1,122pcm |
| April 2018 | -1.6% | £1,114pcm |
| April 2017 | 1.6% | £1,132pcm |
| April 2016 | 6.2% | £1,114pcm |
| April 2015 | 8.2% | £1,049pcm |
| April 2014 | 4.3% | £969pcm |
| April 2013 | 1.9% | £930pcm |
| April 2012 | 1.4% | £912pcm |
| April 2011 | 1.3% | £900pcm |
| April 2010 | 1.8% | £889pcm |
| April 2009 | -8.2% | £873pcm |
| April 2008 | 6.5% | £951pcm |
| April 2007 | 0% | £892pcm |
Explore Propertiesin ME18 5RJ, Pelican Court, Wateringbury, Maidstone, ME18
- 1, Pelican Court, Maidstone, ME18 5RJ2 bed mid-century flat
- 2, Pelican Court, Maidstone, ME18 5RJ2 bed modern flat
- 3, Pelican Court, Maidstone, ME18 5RJ2 bed mid-century flat
- 4, Pelican Court, Maidstone, ME18 5RJ2 bed modern flat
- 5, Pelican Court, Maidstone, ME18 5RJ3 bed mid-century house
- 7, Pelican Court, Maidstone, ME18 5RJ3 bed house
- 8, Pelican Court, Maidstone, ME18 5RJ
- 9, Pelican Court, Maidstone, ME18 5RJ
- 10, Pelican Court, Maidstone, ME18 5RJ
- 11, Pelican Court, Maidstone, ME18 5RJ3 bed modern house
- 12, Pelican Court, Maidstone, ME18 5RJ
Sales Historyin ME18 5RJ
The last sale was on 9th May 2008 for £195,000 and since then the market in the area has increased by 53.8%. The postcode has had a total of 5 sales since 1995.
ME18 5RJ has seen no sales in the last three years and no sales in the last twelve months.
Sold May 2008£195,000 | 3 Bed HousePelican Court7, Pelican Court, Maidstone, ME18 5RJ
Sold Jun 2003£60,000 | 3 Bed HousePelican Court11, Pelican Court, Maidstone, ME18 5RJ
Sold Mar 2002£49,500 | 3 Bed HousePelican Court11, Pelican Court, Maidstone, ME18 5RJ
Sold Jul 2001£46,000 | 3 Bed HousePelican Court11, Pelican Court, Maidstone, ME18 5RJ
Sold Dec 1995£61,500 | 3 Bed HousePelican Court12, Pelican Court, Maidstone, ME18 5RJ
Nearby Postcodesto ME18 5RJ
ME18 5RJ is the 524th largest and the 260th most expensive postcode out of the 1,030 postcodes in the ME18 area.
- 97 mME18 5NW, Red Hill, Wateringbury, Maidstone, ME18ME18 5NW16 Addresses
- 110 mME18 5NS, Tonbridge Road, Wateringbury, Maidstone, ME18ME18 5NS11 Addresses
- 118 mME18 5DU, Boormans Mews, Wateringbury, Maidstone, ME18ME18 5DU10 Addresses
- 124 mME18 5NQ, Fields Lane, Wateringbury, Maidstone, ME18ME18 5NQ2 Addresses
- 148 mME18 5NL, Tonbridge Road, Wateringbury, Maidstone, ME18ME18 5NL4 Addresses
- 148 mME18 5DP, Hanbury Close, Wateringbury, Maidstone, ME18ME18 5DP15 Addresses
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Property Typesin ME18 5RJ
- 1 modern house built after 1980
- 2 modern flats built after 1980
- 1 mid-century house built between 1936 and 1979
- 2 mid-century flats built between 1936 and 1979
- 1 house of an unknown age
- 4 other addresses of unknown type
- modern house (1)
- modern flat (2)
- mid-century house (1)
- mid-century flat (2)
- house (1)
- Unknown (4)
Energy Efficiencyof properties in ME18 5RJ
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (4)
- G (0)
- D (2)
- No EPC (5)
Top 3 Most Expensive Saleson Pelican Court
Schools Nearbyto ME18 5RJ
The nearest primary school to ME18 5RJ is Wateringbury Church of England Primary School which is 659 metres away.
- 659mWateringbury Church of England Primary School
- 1.9kmThe Discovery School
- 2.6kmKings Hill School Primary and Nursery
The nearest secondary school is The Malling School which is 4.0 kilometres away.
- 4.0kmThe Malling School
- 5.3kmOakwood Park Grammar School
- 5.3kmSt Simon Stock Catholic School
More reading links
Public Transport Nearbyto ME18 5RJ
The closest station to ME18 5RJ is Wateringbury station which is 600 metres away.
- 650mWateringbury
- 3.3kmYalding
- 3.5kmEast Malling
- 4.1kmWest Malling
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