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Market Place is a residential street with 15 addresses.
It ranks as the 301st largest and 105th most expensive of the 563 streets in the ME13 area. The dominant property type is a period flat built between 1800 and 1911.
The street contains a total of 15 properties: 1 house and 14 flats.
Market Place is a residential street with 15 addresses.
It ranks as the 301st largest and 105th most expensive of the 563 streets in the ME13 area. The dominant property type is a period flat built between 1800 and 1911.
The street contains a total of 15 properties: 1 house and 14 flats.
Sale prices range from £170,966 for 2 bedroom leasehold flats (602 ft2) to £400,182 for 4 bedroom leasehold houses with a garden (1,856 ft2) .
Monthly rental prices range from £891 pcm for 2 bed flats to £1,402 pcm for 4 bed houses.
The gross rental yield is between 3.7% and 6.6%.
The average value per square foot is £216.
The last sale on Market Place sold for £240,000 on 21st December 2021. Since then prices are up an average of 7.9%.
The current average value in the street is £258,883.
The Market Place Sales Market has increased by 16.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -3.5% | £258,883 |
| May 2025 | -0.4% | £268,411 |
| May 2024 | -4.2% | £269,606 |
| May 2023 | 2.1% | £281,335 |
| May 2022 | 6.5% | £275,677 |
| May 2021 | 9.1% | £258,819 |
| May 2020 | -1.7% | £237,328 |
| May 2019 | 1.1% | £241,521 |
| May 2018 | 1.5% | £238,782 |
| May 2017 | 5.7% | £235,235 |
| May 2016 | 9.5% | £222,639 |
| May 2015 | 7.6% | £203,331 |
| May 2014 | 11.8% | £188,919 |
| May 2013 | -2.9% | £168,914 |
| May 2012 | 3.1% | £174,027 |
| May 2011 | 2.2% | £168,847 |
| May 2010 | 8.2% | £165,179 |
| May 2009 | -15.1% | £152,718 |
| May 2008 | 5% | £179,779 |
| May 2007 | 0% | £171,217 |
The current average rental value in the street is £1,196.
The Market Place Rental Market has increased by 42.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.8% | £1,196pcm |
| May 2025 | 2.8% | £1,187pcm |
| May 2024 | 6.8% | £1,155pcm |
| May 2023 | 9% | £1,082pcm |
| May 2022 | 5.7% | £993pcm |
| May 2021 | 4.7% | £940pcm |
| May 2020 | 0.1% | £898pcm |
| May 2019 | 4.2% | £897pcm |
| May 2018 | 1.1% | £861pcm |
| May 2017 | 1.1% | £852pcm |
| May 2016 | 1.8% | £842pcm |
| May 2015 | 5.3% | £827pcm |
| May 2014 | 2.9% | £786pcm |
| May 2013 | 1.9% | £764pcm |
| May 2012 | 0.2% | £749pcm |
| May 2011 | 3.8% | £748pcm |
| May 2010 | 4.8% | £720pcm |
| May 2009 | -8% | £687pcm |
| May 2008 | 4.4% | £747pcm |
| May 2007 | 0% | £716pcm |
The last sale was on 21st December 2021 for £240,000 and since then the market in the area has increased by 7.9%. The street has had a total of 15 sales since 1995.
Market Place, Faversham, ME13 has seen no sales in the last three years and no sales in the last twelve months.
Market Place, Faversham, ME13 is the 301st largest and the 105th most expensive street in the ME13 area.
There are 2 postcodes on Market Place, Faversham, ME13.
The closest station to Market Place, Faversham, ME13 is Faversham station which is 500 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Market Place, Faversham, ME13, 47.1% of property is privately owned outright and 39.7% 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 Market Place, Faversham, ME13, 3.7% of residents are recorded as possessing school level qualifications and 38.3% 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 Market Place, Faversham, ME13, the average age was 42.8 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 Market Place, Faversham, ME13, 2.0% 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 Market Place, Faversham, ME13, there are an average of 0.7 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.