ME2 4LS is a residential postcode situated on Miller Way, Wainscott, Rochester, ME2 with 27 addresses.
It ranks as the 636th largest and 136th most expensive of the 889 postcodes in the ME2 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 27 properties: 16 houses and 11 flats.
ME2 4LS is a residential postcode situated on Miller Way, Wainscott, Rochester, ME2 with 27 addresses.
It ranks as the 636th largest and 136th most expensive of the 889 postcodes in the ME2 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 27 properties: 16 houses and 11 flats.
Sale prices range from £159,771 for 2 bedroom leasehold flats (635 ft2) to £416,803 for 4 bedroom leasehold houses with a garden (1,216 ft2) .
Monthly rental prices range from £944 pcm for 2 bed flats to £1,810 pcm for 4 bed houses.
The gross rental yield is between 5.2% and 7.1%.
The average value per square foot is £343.
The last sale in ME2 4LS sold for £121,500 on 28th July 2017. Since then prices are up an average of 18.9%.
The current average value in the postcode is £250,714.
The ME2 4LS Sales Market has increased by 33.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.1% | £250,714 |
| April 2025 | 2.6% | £253,424 |
| April 2024 | -3.7% | £246,903 |
| April 2023 | 3.3% | £256,309 |
| April 2022 | 9.7% | £248,011 |
| April 2021 | 5.6% | £226,149 |
| April 2020 | 2% | £214,170 |
| April 2019 | -0.7% | £210,043 |
| April 2018 | 3.5% | £211,509 |
| April 2017 | 8.7% | £204,374 |
| April 2016 | 16.3% | £188,071 |
| April 2015 | 8.7% | £161,735 |
| April 2014 | 11.8% | £148,838 |
| April 2013 | 1.6% | £133,087 |
| April 2012 | 0% | £131,042 |
| April 2011 | -1% | £130,981 |
| April 2010 | 6.4% | £132,295 |
| April 2009 | -16.7% | £124,284 |
| April 2008 | 3% | £149,210 |
| April 2007 | 0% | £144,822 |
The current average rental value in the postcode is £1,248.
The ME2 4LS Rental Market has increased by 51.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2% | £1,248pcm |
| April 2025 | 3.3% | £1,223pcm |
| April 2024 | 8.3% | £1,185pcm |
| April 2023 | 12.7% | £1,094pcm |
| April 2022 | 8.1% | £971pcm |
| April 2021 | 4.9% | £899pcm |
| April 2020 | 1.5% | £856pcm |
| April 2019 | 1% | £844pcm |
| April 2018 | 0% | £836pcm |
| April 2017 | 1.3% | £836pcm |
| April 2016 | 7.8% | £825pcm |
| April 2015 | 8.7% | £765pcm |
| April 2014 | 2.8% | £704pcm |
| April 2013 | 4.7% | £685pcm |
| April 2012 | 2.2% | £654pcm |
| April 2011 | 4% | £640pcm |
| April 2010 | 0.1% | £615pcm |
| April 2009 | -3.7% | £615pcm |
| April 2008 | 5.2% | £638pcm |
| April 2007 | 0% | £607pcm |
The last sale was on 28th July 2017 for £121,500 and since then the market in the area has increased by 18.9%. The postcode has had a total of 4 sales since 1995.
ME2 4LS has seen no sales in the last three years and no sales in the last twelve months.
ME2 4LS is the 636th largest and the 136th most expensive postcode out of the 889 postcodes in the ME2 area.
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The closest station to ME2 4LS is Strood (Kent) station which is 1.4 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around ME2 4LS, 47.1% of property is socially rented and 20.7% is privately owned outright.
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 ME2 4LS, 22.9% of residents are recorded as possessing school level qualifications and 12.4% 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 ME2 4LS, the average age was 40.3 and the most common age was 52.
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 ME2 4LS, 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 ME2 4LS, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.
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.