Market outlook for ME13
Key indicators for buyers
The ME13 market is moderately favourable for buyers. Prices have softened (-14.6%), 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.
Price trends
Yearly averages · HM Land Registry Price Paid Data
Prices by property type
2026averages · HM Land Registry Price Paid Data
Affordability ratio
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.
Rental trends
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.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Swale price of £324,500 with a 25% deposit (£81k), a 2-year fixed mortgage at 3.97% costs around £1,281 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses ME13 avg. price with Swale rental data
Monthly mortgage payments (£1,281) are £162 more than renting (£1,119). However, buying requires an upfront deposit of £81k — it would take around 11 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
44, ETHELBERT ROAD ME13 8SQ | Semi-detached | £350,000 | 23 Jan 2026 |
12, RUSSELL PLACE, OARE ME13 0QF | Terraced | £270,000 | 23 Jan 2026 |
38, ATHELSTAN ROAD ME13 8QL | Terraced | £440,000 | 23 Jan 2026 |
11, CRESS WAY ME13 7NH | Semi-detached | £435,000 | 21 Jan 2026 |
8, BURNT OAST ROAD, BOUGHTON UNDER BLEAN ME13 9SU | Semi-detached | £290,000 | 16 Jan 2026 |
6, ST PAULS CRESCENT, BOUGHTON UNDER BLEAN ME13 9AZ | Semi-detached | £265,000 | 15 Jan 2026 |
14, ABBOTS ROAD ME13 8DD | Semi-detached |
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.