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House Prices in ME16

The average house price in ME16 (Maidstone) is £341,925 using HM Land Registry data.

The average property price increased by £52,402 (11.55%) over the last 5 years and increased by £10,500 (1.93%) over the last 12 months.

Over the last year, there were 370 residential property sales – a decrease of 126 transactions (-34.05%) relative to the previous year. The majority of house sales (75) were in the £302,000 - £368,000 range. Then came properties in the £368,000 - £434,000 range, where 75 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 £-10,421 (-2%).

In Oct 24, there were 96 new estate agency instructions, 60 agreed home sales and 48 property price reductions.

5-Year Average Property Prices in ME16 (Maidstone)

11.55%

Property prices in Maidstone increased by 11.55% 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 ME16 (Maidstone) Over the Last Year

1.93%

Property prices in Maidstone increased by 1.93% 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.

Property Market Heat Gauge for ME16 (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 ME16 (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 ME16 (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 ME16 (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 ME16 (Maidstone) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the ME16 postcode area since 1995.

Recent Sales in ME16 (Maidstone)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
7 Court Drive, Maidstone, Kent, ME16 0JJ	£600,000	£595,000	-£5,000	21 Feb 2024	12 Aug 2024	173 Days
2 Fant Lane, Maidstone, Kent, ME16 8NL	£280,000	£280,000	£00	24 Apr 2024	07 Aug 2024	105 Days
17 Peacock Mews, Maidstone, Kent, ME16 0AW	£220,000	£200,000	-£20,000	12 Feb 2024	06 Aug 2024	176 Days
32 Halfpenny Close, Maidstone, Kent, ME16 9AJ	£450,000	£450,000	£00	27 Mar 2024	02 Aug 2024	128 Days
17 Portsdown Close, Maidstone, Kent, ME16 8UH	£280,000	£275,000	-£5,000	26 Feb 2024	31 Jul 2024	156 Days
17 Victoria Street, Maidstone, Kent, ME16 8HY	£325,000	£312,000	-£13,000	26 Dec 2023	25 Jul 2024	212 Days
57 Tonbridge Road, Maidstone, Kent, ME16 8SA	£350,000	£350,000	£00	21 Sep 2023	25 Jul 2024	308 Days
65 Kingfisher Meadow, Maidstone, Kent, ME16 8RB	£190,000	£185,000	-£5,000	05 Feb 2024	23 Jul 2024	169 Days
4 Anerley Close, Maidstone, Kent, ME16 0RR	£390,000	£380,000	-£10,000	20 Oct 2023	22 Jul 2024	276 Days
7 Rayleigh Close, Allington, Maidstone, Kent, ME16 0UP	£425,000	£425,000	£00	23 Jan 2024	22 Jul 2024	181 Days
30 Ash Grove, Maidstone, Kent, ME16 0AA	£525,000	£510,000	-£15,000	13 Sep 2023	19 Jul 2024	310 Days
27 South Street, Barming, Maidstone, Kent, ME16 9EX	£400,000	£400,000	£00	06 Jan 2024	08 Jul 2024	184 Days
119 Heath Road, Maidstone, Kent, ME16 9JT	£625,000	£620,000	-£5,000	12 Feb 2024	28 Jun 2024	137 Days
44 Tintern Road, Maidstone, Kent, ME16 0RS	£325,000	£320,000	-£5,000	17 Aug 2023	27 Jun 2024	315 Days
10 Eversley Close, Maidstone, Kent, ME16 0RZ	£420,000	£420,000	£00	08 Mar 2024	26 Jun 2024	110 Days
99 Trevor Drive, Maidstone, Kent, ME16 0QN	£425,000	£415,000	-£10,000	19 Jan 2024	21 Jun 2024	154 Days
Flat 38, Pine Lodge, Tonbridge Road, Maidstone, Kent, ME16 8TA	£180,000	£170,000	-£10,000	24 Nov 2023	17 Jun 2024	206 Days
40 Beckenham Drive, Maidstone, Kent, ME16 0TG	£375,000	£355,000	-£20,000	30 Aug 2023	12 Jun 2024	287 Days
Flat 215, Scotney Gardens, St Peters Street, Maidstone, Kent, ME16 0GW	£165,000	£162,500	-£2,500	16 Nov 2023	03 Jun 2024	200 Days
366 Tonbridge Road, Maidstone, Kent, ME16 8TR	£310,000	£310,000	£00	11 Jan 2024	31 May 2024	141 Days

Most Expensive Streets in ME16 (Maidstone)

Postcode	Street	Area	Average	No. of Sales
ME16 0EN	Queens Avenue	Maidstone	£901,666	3
ME16 9HH	North Pole Road, Barming	Maidstone	£856,250	4
ME16 0ER	Queens Avenue	Maidstone	£770,000	4
ME16 8AX	Bower Mount Road	Maidstone	£705,750	4
ME16 0SA	Buckland Hill	Maidstone	£675,750	4
ME16 0SH	Buckland Road	Maidstone	£643,333	3
ME16 9BE	Rectory Lane, Barming	Maidstone	£604,166	3
ME16 0EZ	Mountsfield Close	Maidstone	£601,000	5
ME16 9HE	North Street, Barming	Maidstone	£593,000	5
ME16 0HJ	Allington Way	Maidstone	£580,750	4

Least Expensive Streets in ME16 (Maidstone)

Postcode	Street	Area	Average	No. of Sales
ME16 8RT	Tonbridge Road	Maidstone	£74,000	4
ME16 8JZ	Victoria Court	Maidstone	£95,500	11
ME16 0GQ	Pevensey Court, St Peters Street, Maidstone	Maidstone	£100,574	20
ME16 0AZ	Swallow House, Springvale	Maidstone	£102,312	4
ME16 8PD	Maison Des Fleurs, Hartnup Street, Maidstone	Maidstone	£104,416	6
ME16 0UE	Claire House, Lesley Place	Maidstone	£111,312	4
ME16 9BZ	Copper Beech Close, Barming	Maidstone	£114,733	3
ME16 0ZG	Sandlewood Court	Maidstone	£140,062	4
ME16 8SH	Tonbridge Road	Maidstone	£140,500	4
ME16 8QJ	Hawley Court, London Road	Maidstone	£145,333	3