House Prices in ME15 House Prices in ME15 (Maidstone)

The average house price in ME15 (Maidstone) is £358,258 using HM Land Registry data.

The average property price increased by £53,913 (24.2%) over the last 5 years and increased by £10,802 (3.7%) over the last 12 months.

Over the last year, there were 450 residential property sales – a decrease of 166 transactions (-36.89%) relative to the previous year. The majority of house sales (129) were in the £268,000 - £336,000 range. Then came properties in the £336,000 - £404,000 range, where 108 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 104 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,378 (-2%).

In Dec 24, there were 67 new estate agency instructions, 43 agreed home sales and 12 property price reductions.

5-Year Average Property Prices in ME15 (Maidstone)

24.2%

Property prices in Maidstone increased by 24.2% 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 ME15 (Maidstone) Over the Last Year

3.7%

Property prices in Maidstone increased by 3.7% 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 ME15 (Maidstone) - Dec 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 ME15 (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 ME15 (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 ME15 (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 ME15 (Maidstone) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the ME15 postcode area since 1995.

Recent Sales in ME15 (Maidstone)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Birchdene, Dean Street, East Farleigh, Maidstone, Kent, ME15 0PU£825,000£805,500-£19,50016 Jul 202426 Nov 2024133 Days
36 Broadoak Avenue, Maidstone, Kent, ME15 6DL£500,000£500,000£0016 Aug 202422 Nov 202498 Days
18 Shernolds, Maidstone, Kent, ME15 9QH£500,000£500,000£0026 Jul 202421 Nov 2024118 Days
24 Bodsham Crescent, Bearsted, Maidstone, Kent, ME15 8NL£475,000£450,000-£25,00023 Aug 202320 Nov 2024455 Days
31 Willow Rise, Downswood, Maidstone, Kent, ME15 8XR£280,000£280,000£0019 Jun 202415 Nov 2024149 Days
63 Woolley Road, Maidstone, Kent, ME15 8PZ£400,000£385,000-£15,00024 Jul 202415 Nov 2024114 Days
Linstone, East Street, Hunton, Maidstone, Kent, ME15 0RB£650,000£650,000£0013 May 202411 Nov 2024182 Days
4 Higham Close, Maidstone, Kent, ME15 6RA£290,000£290,000£0001 Jul 202408 Nov 2024130 Days
17 Oxford Road, Maidstone, Kent, ME15 8DA£170,000£163,000-£7,00024 Jul 201208 Nov 20244490 Days
30 Gorham Drive, Downswood, Maidstone, Kent, ME15 8UU£325,000£322,500-£2,50015 May 202408 Nov 2024177 Days
388 Willington Street, Maidstone, Kent, ME15 8HJ£280,000£275,000-£5,00021 May 202404 Nov 2024167 Days
1 Lincoln Road, Maidstone, Kent, ME15 7JH£320,000£308,554-£11,44625 Jun 202430 Oct 2024127 Days
32 Caernarvon Drive, Maidstone, Kent, ME15 6FJ£350,000£328,000-£22,00015 Aug 202428 Oct 202474 Days
233 Plains Avenue, Maidstone, Kent, ME15 7BD£350,000£350,000£0014 Mar 202413 Aug 2024152 Days
139 Farleigh Hill, Tovil, Maidstone, Kent, ME15 6RQ£220,000£217,500-£2,50016 Feb 202407 Aug 2024173 Days
18 Blythe Road, Maidstone, Kent, ME15 7TR£540,000£530,000-£10,00013 Jul 202307 Aug 2024391 Days
85 Kingsley Road, Maidstone, Kent, ME15 7UP£275,000£275,000£0016 Feb 202402 Aug 2024168 Days
46 Murrain Drive, Downswood, Maidstone, Kent, ME15 8XJ£180,000£170,000-£10,00023 Apr 202431 Jul 202499 Days
36 Wrangleden Road, Maidstone, Kent, ME15 9LR£220,000£205,000-£15,00026 Feb 202422 Jul 2024147 Days
41 Bell Meadow, Maidstone, Kent, ME15 9ND£350,000£350,000£0001 Dec 202322 Jul 2024234 Days

Most Expensive Streets in ME15 (Maidstone)

PostcodeStreetAreaAverageNo. of Sales
ME15 0QBWorkhouse Lane, East FarleighMaidstone£1,013,3333
ME15 8RLOtham Street, OthamMaidstone£909,3333
ME15 0JBFarleigh HillMaidstone£896,6663
ME15 0PRDean Street, East FarleighMaidstone£856,6663
ME15 0EYPriory Close, East FarleighMaidstone£834,0005
ME15 9SALancet LaneMaidstone£821,0755
ME15 0LXVicarage Lane, East FarleighMaidstone£815,7147
ME15 9RXLancet LaneMaidstone£808,3333
ME15 0QHAmsbury Road, HuntonMaidstone£803,7504
ME15 9SEOld DriveMaidstone£792,5004

Least Expensive Streets in ME15 (Maidstone)

PostcodeStreetAreaAverageNo. of Sales
ME15 9GBSherlock House, Lynley CloseMaidstone£68,2147
ME15 6ZLHughenden Reach, TovilMaidstone£82,2507
ME15 9JWShirley Court, Wallis AvenueMaidstone£121,6663
ME15 8FWCavendish Place, Cavendish WayMaidstone£122,3889
ME15 6LZLower Stone StreetMaidstone£125,4624
ME15 7UZBasing CloseMaidstone£136,7508
ME15 9LTWallis AvenueMaidstone£141,6663
ME15 8DXPark View Court, School LaneMaidstone£141,7504
ME15 9ZLHawkes WayMaidstone£142,9005
ME15 6LGRomney House, Romney PlaceMaidstone£143,9905

Explore ME15 (Maidstone) using map