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House Prices in ME14 House Prices in ME14 (Maidstone)

The average house price in ME14 (Maidstone) is £369,464 using HM Land Registry data.

The average property price increased by £69,357 (16.52%) over the last 5 years and increased by £13,897 (2.66%) over the last 12 months.

Over the last year, there were 324 residential property sales – a decrease of 139 transactions (-42.90%) relative to the previous year. The majority of house sales (71) were in the £260,000 - £350,000 range. Then came properties in the £350,000 - £440,000 range, where 64 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 87 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,992 (-2%).

In Oct 24, there were 75 new estate agency instructions, 74 agreed home sales and 50 property price reductions.

Nearby Postcodes: , ME1, ME10, ME11, ME12, ME13, ME15, ME16, ME17, ME18, ME19, ME20, ME3, ME4, ME5, ME6, ME7, ME8, ME9, ME99, TN12, TN27

5-Year Average Property Prices in ME14 (Maidstone)

16.52%

Property prices in Maidstone increased by 16.52% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in ME14 (Maidstone) Over the Last Year

2.66%

Property prices in Maidstone increased by 2.66% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for ME14 (Maidstone) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in ME14 (Maidstone)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in ME14 (Maidstone)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in ME14 (Maidstone)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the ME14 (Maidstone) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the ME14 postcode area since 1995.

Recent Sales in ME14 (Maidstone)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
22 Well Road, Maidstone, Kent, ME14 1XL£235,000£235,000£0010 Jan 202427 Aug 2024230 Days
126 Union Street, Maidstone, Kent, ME14 1EE£210,000£210,000£0018 Apr 202412 Aug 2024116 Days
6 Roman Heights, Maidstone, Kent, ME14 5JA£525,000£500,000-£25,00012 Oct 202309 Aug 2024302 Days
23 Tufton Street, Maidstone, Kent, ME14 1ES£220,000£219,500-£50025 Mar 202402 Aug 2024130 Days
8 Cross Street, Maidstone, Kent, ME14 2SL£250,000£248,600-£1,40026 Apr 202402 Aug 202498 Days
34 Downs Road, Penenden Heath, Maidstone, Kent, ME14 2JN£375,000£365,000-£10,00013 Apr 202412 Jul 202490 Days
23 Blacksmith Drive, Weavering, Maidstone, Kent, ME14 5SZ£385,000£375,000-£10,00003 Oct 202305 Jul 2024276 Days
41 Henley Fields, Weavering, Maidstone, Kent, ME14 5UY£600,000£590,000-£10,00006 Feb 202405 Jul 2024150 Days
8 St Francis Close, Penenden Heath, Maidstone, Kent, ME14 2FR£800,000£800,000£0005 Mar 202428 Jun 2024115 Days
27 Old School Place, Maidstone, Kent, ME14 1EQ£200,000£200,000£0003 Feb 202428 Jun 2024146 Days
19 The Hedgerow, Weavering, Maidstone, Kent, ME14 5TG£500,000£485,000-£15,00006 Feb 202428 Jun 2024143 Days
29 Old School Place, Maidstone, Kent, ME14 1EQ£200,000£190,000-£10,00027 Jul 202127 Jun 20241066 Days
4 Hockers Lane, Detling, Maidstone, Kent, ME14 3JL£600,000£600,000£0013 Mar 202426 Jun 2024105 Days
6 Windsor Close, Maidstone, Kent, ME14 5HD£550,000£543,500-£6,50011 Mar 202418 Jun 202499 Days
21 Meadowdown, Weavering, Maidstone, Kent, ME14 5TN£700,000£685,000-£15,00005 Feb 202414 Jun 2024130 Days
7 Otteridge Road, Bearsted, Maidstone, Kent, ME14 4JR£375,000£370,000-£5,00027 Sep 202314 Jun 2024261 Days
2 Nutwood Close, Weavering, Maidstone, Kent, ME14 5TL£500,000£485,000-£15,00013 Mar 202414 Jun 202493 Days
20 Hayrick Close, Weavering, Maidstone, Kent, ME14 5TE£395,000£395,000£0012 Apr 202412 Jun 202461 Days
56 Waterlow Road, Maidstone, Kent, ME14 2TP£325,000£325,000£0004 Dec 202305 Jun 2024184 Days
58 Harvesters Way, Weavering, Maidstone, Kent, ME14 5SJ£260,000£260,000£0026 Mar 202403 Jun 202469 Days

Most Expensive Streets in ME14 (Maidstone)

PostcodeStreetAreaAverageNo. of Sales
ME14 4EEChurch Lane, BearstedMaidstone£1,268,3333
ME14 4HNRoundwell, BearstedMaidstone£808,3333
ME14 5ATExton Gardens, WeaveringMaidstone£792,3333
ME14 2DFSilchester Court, Penenden HeathMaidstone£772,1254
ME14 4NEAshford Road, BearstedMaidstone£770,0005
ME14 4NBAshford Road, BearstedMaidstone£763,3756
ME14 4FJHart Close, ThurnhamMaidstone£744,1666
ME14 4DBManor Rise, BearstedMaidstone£703,5833
ME14 4GDThomas Allen Way, ThurnhamMaidstone£684,58312
ME14 4JYSandy Lane, BearstedMaidstone£681,6663

Least Expensive Streets in ME14 (Maidstone)

PostcodeStreetAreaAverageNo. of Sales
ME14 1JYMandeville Court, Union Street, MaidstoneMaidstone£88,75014
ME14 1ERFriars CourtMaidstone£97,93116
ME14 2TLBoxley RoadMaidstone£100,3333
ME14 1JRMandeville Court, Union Street, MaidstoneMaidstone£100,59021
ME14 2BXElizabeth House, Alexandra Street, MaidstoneMaidstone£109,6254
ME14 1JSMedway StreetMaidstone£116,8754
ME14 1BUHengist CourtMaidstone£119,45411
ME14 2JHOxden Court, Pine GroveMaidstone£123,9905
ME14 5QSAldon Court, Aldon CloseMaidstone£127,0003
ME14 1BTHengist CourtMaidstone£127,50011

Explore ME14 (Maidstone) using map

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