ME12 (Minster On Sea) area guide
ME12
Minster On Sea
The ME12 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Blue Town, Eastchurch, Elmley, Kent, Leysdown and Warden, Leysdown On Sea, Leysdown-On-Sea, Minster Cliffs, Minster On Sea, Queenborough and Halfway, Sheerness, Sheerness East, Sheerness West, Sheppey Central, Warden.
Notes:
A Mouseprice property guide for ME12 Minster On Sea is coming soon. In the meantime, please have a look at the raw data and statistics about ME12 that can be found by click the relevant links on the left hand side.
Old area guide:
The commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date. We recommend disregarding these comments in favour of the data that can be found either above or in the other sections of this website.
Market trends:
The size of the property market in ME12 is 14387 homes.
Property in this postcode district (ME12) has been growing at a nominal annual rate of 8.6% over the last 5 years. This rate can be indicative ofan area which has invested in improving housing stock, transport links or other local infrastructure. It may also suggest proximity to an area of economic growth such as one of the financial clusters (London, Leeds, Bristol etc.) or strong local presence in growth industries (for example investment in university facilities, attractiveness of an area to IT companies or other knowledge- based organisations).
The average property in this postcode district was valued at £147588 over the last 3 months.
When examining the ability of consumers to further extend themselves in the face of increasing property prices, many commentators pay close attention to the price earnings ratio. Price Earnings Ratio in this postcode district is 9.4.
New transactions as a percentage of overall sales are 6.3%.
Housing stock:
The most readily available type of property in the area are Terraced Houses, making up 30.5% of the total.
Flats account for the lowest percentage of the housing stock in this district, at only 11.9%.
Socially rented accommodation represents 14.1% of the total rented accommodation in the area.
The majority of property in this area is owner occupied.
The average price of a two bed property in this area is less that the national average of £187894 at £165646.
Who lives here:
The population of this postcode district is 34381.
The average age in this area is 37.
This looks like a great place to go out – 27.9% of the population is single!
Average working hours in this area for men are 43 and for women are 31.
This area has 4.1 people per square kilometre.
The largest source of work in this area is Health & Social Work (20% of workers), followed by Wholesale & Retail (16.7%).