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House Prices in ME15

The average house price in ME15 (Maidstone) is £315,548 using HM Land Registry data.

The average property price increased by £67,077 (24.2%) over the last 5 years and increased by £13,440 (3.7%) over the last 12 months.

Over the last year, there were 423 residential property sales – a decrease of 213 transactions (-50.35%) relative to the previous year. The majority of house sales (111) were in the £260,000 - £330,000 range. Then came properties in the £330,000 - £400,000 range, where 103 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 76 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,630 (-2%).

In Oct 24, there were new estate agency instructions, 65 agreed home sales and 74 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.

Property Market Heat Gauge for ME15 (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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
233 Plains Avenue, Maidstone, Kent, ME15 7BD	£350,000	£350,000	£00	14 Mar 2024	13 Aug 2024	152 Days
139 Farleigh Hill, Tovil, Maidstone, Kent, ME15 6RQ	£220,000	£217,500	-£2,500	16 Feb 2024	07 Aug 2024	173 Days
18 Blythe Road, Maidstone, Kent, ME15 7TR	£540,000	£530,000	-£10,000	13 Jul 2023	07 Aug 2024	391 Days
85 Kingsley Road, Maidstone, Kent, ME15 7UP	£275,000	£275,000	£00	16 Feb 2024	02 Aug 2024	168 Days
46 Murrain Drive, Downswood, Maidstone, Kent, ME15 8XJ	£180,000	£170,000	-£10,000	23 Apr 2024	31 Jul 2024	99 Days
36 Wrangleden Road, Maidstone, Kent, ME15 9LR	£220,000	£205,000	-£15,000	26 Feb 2024	22 Jul 2024	147 Days
41 Bell Meadow, Maidstone, Kent, ME15 9ND	£350,000	£350,000	£00	01 Dec 2023	22 Jul 2024	234 Days
8 Anglesey Avenue, Maidstone, Kent, ME15 9SH	£450,000	£450,000	£00	12 Feb 2024	19 Jul 2024	158 Days
Flat 3, Bank View, Church Street, Tovil, Maidstone, Kent, ME15 6RB	£120,000	£106,000	-£14,000	20 Nov 2023	16 Jul 2024	239 Days
37 Oaktree Avenue, Maidstone, Kent, ME15 9AX	£310,000	£308,000	-£2,000	01 Nov 2023	10 Jul 2024	252 Days
15 Redsells Close, Downswood, Maidstone, Kent, ME15 8SN	£325,000	£325,000	£00	01 Feb 2024	08 Jul 2024	158 Days
Damsonden, Malthouse Hill, Loose, Maidstone, Kent, ME15 0BP	£250,000	£240,000	-£10,000	21 Nov 2023	26 Jun 2024	218 Days
40 Greystones Road, Bearsted, Maidstone, Kent, ME15 8PE	£400,000	£385,000	-£15,000	17 Oct 2023	24 Jun 2024	251 Days
82 Chapman Avenue, Maidstone, Kent, ME15 8EL	£410,000	£410,000	£00	10 Feb 2024	21 Jun 2024	132 Days
1 The Quern, Maidstone, Kent, ME15 6FT	£285,000	£270,000	-£15,000	02 Jan 2024	21 Jun 2024	171 Days
55 Greystones Road, Bearsted, Maidstone, Kent, ME15 8PD	£400,000	£394,000	-£6,000	24 Nov 2023	31 May 2024	189 Days
4 Rhodewood Close, Downswood, Maidstone, Kent, ME15 8UR	£400,000	£387,000	-£13,000	24 Jan 2024	28 May 2024	125 Days
39 Lancet Lane, Maidstone, Kent, ME15 9SA	£1,400,000	£1,350,000	-£50,000	15 Nov 2023	22 May 2024	189 Days
8 Reinden Grove, Downswood, Maidstone, Kent, ME15 8TH	£275,000	£250,000	-£25,000	02 Oct 2023	17 May 2024	228 Days
8 Ellenswood Close, Downswood, Maidstone, Kent, ME15 8SG	£100,000	£90,000	-£10,000	31 Oct 2023	16 May 2024	198 Days

Most Expensive Streets in ME15 (Maidstone)

Postcode	Street	Area	Average	No. of Sales
ME15 0QB	Workhouse Lane, East Farleigh	Maidstone	£1,013,333	3
ME15 8RW	Wardes Bungalows, Otham	Maidstone	£971,666	3
ME15 9RQ	Walnut Tree Lane	Maidstone	£936,666	3
ME15 9SE	Old Drive	Maidstone	£915,833	3
ME15 8RL	Otham Street, Otham	Maidstone	£909,333	3
ME15 0JB	Farleigh Hill	Maidstone	£896,666	3
ME15 0PR	Dean Street, East Farleigh	Maidstone	£856,666	3
ME15 0EY	Priory Close, East Farleigh	Maidstone	£834,000	5
ME15 9SA	Lancet Lane	Maidstone	£821,075	5
ME15 0LX	Vicarage Lane, East Farleigh	Maidstone	£815,714	7

Least Expensive Streets in ME15 (Maidstone)

Postcode	Street	Area	Average	No. of Sales
ME15 9GB	Sherlock House, Lynley Close	Maidstone	£68,214	7
ME15 6ZL	Hughenden Reach, Tovil	Maidstone	£73,857	7
ME15 9JW	Shirley Court, Wallis Avenue	Maidstone	£121,666	3
ME15 8FW	Cavendish Place, Cavendish Way	Maidstone	£122,388	9
ME15 6LZ	Lower Stone Street	Maidstone	£125,462	4
ME15 9ZL	Hawkes Way	Maidstone	£127,375	4
ME15 7UZ	Basing Close	Maidstone	£136,750	8
ME15 9LT	Wallis Avenue	Maidstone	£141,666	3
ME15 8DX	Park View Court, School Lane	Maidstone	£141,750	4
ME15 6LG	Romney House, Romney Place	Maidstone	£143,990	5