Key indicators for buyers
The ME11 market is moderately favourable for buyers. Prices have softened (-54.4%), which could present a buying opportunity. Affordability has improved from a peak of 11.1x in 2022 to 8.8x today. Rising rents (£1,119/mo, +5.2%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2025averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Swale area
A home in Swale costs 8.8x the local median salary — stretched, improving from a peak of 11.1x in 2022.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Swale area
Average monthly rent in Swale is £1,119, up 5.2% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Swale price of £229,806 with a 25% deposit (£57k), a 2-year fixed mortgage at 3.97% costs around £907 per month.
Monthly cost comparison based on current data
Uses ME11 avg. price with Swale rental data
Monthly mortgage payments (£907) are £212 less than renting (£1,119). However, buying requires an upfront deposit of £57k — it would take around 6 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
35, FIRST AVENUE ME11 5JF | Semi-detached | £185,000 | 28 Nov 2025 |
40, FOXLEY ROAD ME11 5AW | Semi-detached | £270,000 | 19 Nov 2025 |
59, HIGH STREET ME11 5AG | Terraced | £290,000 | 10 Nov 2025 |
1, GORDON AVENUE ME11 5BD | Terraced | £305,000 | 30 Oct 2025 |
15 - 17, HIGH STREET ME11 5AA | Other | £325,000 | 24 Oct 2025 |
FLAT 4, 53, MAIN ROAD ME11 5BW | Flat/Maisonette | £126,000 | 23 Oct 2025 |
13, STANLEY AVENUE ME11 5DT | Terraced | £230,000 |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in ME11 sold for £229,806 in 2025, with a median of £230,000 across 49 transactions. Prices fell 54.4% compared to the previous year.
| 10 Oct 2025 |
3, SOMERSET TERRACE ME11 5EW | Terraced | £256,000 | 10 Oct 2025 |
32, STERLING ROAD ME11 5BY | Semi-detached | £280,000 | 26 Sept 2025 |
63, HIGH STREET ME11 5AG | Terraced | £286,000 | 25 Sept 2025 |
TOWN VILLA, HIGH STREET ME11 5AA | Semi-detached | £305,000 | 19 Sept 2025 |
4, MILL COTTAGES, NORTH ROAD ME11 5EX | Terraced | £173,500 | 3 Sept 2025 |
1, FERRY VIEW ME11 5LP | Semi-detached | £220,000 | 28 Aug 2025 |
7, HAMILTON MEWS ME11 5DU | Semi-detached | £230,000 | 15 Aug 2025 |
98, MANOR ROAD ME11 5LY | Terraced | £190,000 | 11 Aug 2025 |
1, LUCAS CLOSE ME11 5EA | Semi-detached | £275,000 | 25 Jul 2025 |
7, SECOND AVENUE ME11 5JT | Terraced | £248,500 | 25 Jul 2025 |
FLAT 5, SWALE HOUSE, WEST STREET ME11 5AD | Flat/Maisonette | £170,000 | 30 Jun 2025 |
16, BEASLEY CLOSE ME11 5BF | Semi-detached | £250,000 | 27 Jun 2025 |
34, SOUTH STREET ME11 5AF | Terraced | £180,000 | 5 Jun 2025 |
The most recent recorded sale in ME11 was a semi-detached property on First Avenue for £185,000 in November 2025. Across the last 20 sales, the median price was £250,000.