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House Prices in ME14

The average house price in ME14 (Maidstone) is £380,375 using HM Land Registry data.

The average property price increased by £88,531 (16.52%) over the last 5 years and increased by £17,698 (2.66%) over the last 12 months.

Over the last year, there were 340 residential property sales – a decrease of 184 transactions (-54.12%) relative to the previous year. The majority of house sales (77) were in the £250,000 - £340,000 range. Then came properties in the £340,000 - £430,000 range, where 70 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 64 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,992 (-2%).

In June 2024, there were 78 new estate agency instructions, 71 agreed home sales and 50 property price reductions.

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.

Property Market Heat Gauge for ME14 (Maidstone) - June 2024

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 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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
9 Lushington Road, Maidstone, Kent, ME14 2QS	£275,000	£275,000	£00	24 Jan 2024	03 May 2024	100 Days
14 Mallings Drive, Bearsted, Maidstone, Kent, ME14 4HD	£575,000	£575,000	£00	10 Jan 2024	25 Apr 2024	106 Days
2 Ash Tree Gardens, Weavering, Maidstone, Kent, ME14 5LB	£575,000	£565,000	-£10,000	24 Aug 2023	24 Apr 2024	244 Days
12 Restharrow Road, Weavering, Maidstone, Kent, ME14 5UH	£585,000	£585,000	£00	03 Nov 2023	09 Apr 2024	158 Days
Magnolia House, Roundwell, Bearsted, Maidstone, Kent, ME14 4HN	£1,100,000	£1,010,000	-£90,000	01 Sep 2023	08 Apr 2024	220 Days
54 Hillary Road, Penenden Heath, Maidstone, Kent, ME14 2JU	£315,000	£315,000	£00	15 Nov 2023	26 Mar 2024	132 Days
6 Meadowdown, Weavering, Maidstone, Kent, ME14 5TN	£375,000	£362,500	-£12,500	20 Nov 2023	21 Mar 2024	122 Days
9 Park Villas, Weavering, Maidstone, Kent, ME14 4PN	£325,000	£325,000	£00	30 Nov 2023	28 Feb 2024	90 Days
30 Hill Brow, Bearsted, Maidstone, Kent, ME14 4AW	£350,000	£350,000	£00	25 Sep 2023	13 Feb 2024	141 Days
4 Consort Close, Maidstone, Kent, ME14 5NN	£475,000	£460,000	-£15,000	21 Sep 2023	09 Feb 2024	141 Days
The Old Malt House, The Street, Boxley, Maidstone, Kent, ME14 3DR	£775,000	£725,000	-£50,000	16 May 2023	08 Feb 2024	268 Days
29 Bedgebury Close, Maidstone, Kent, ME14 5QZ	£325,000	£324,750	-£250	20 Mar 2023	24 Jan 2024	310 Days
41 Crownfields, Weavering, Maidstone, Kent, ME14 5TH	£390,000	£380,000	-£10,000	30 Jun 2023	19 Jan 2024	203 Days
8 Cowden Road, Maidstone, Kent, ME14 5QH	£325,000	£325,000	£00	13 Sep 2023	18 Jan 2024	127 Days
23 Marston Drive, Maidstone, Kent, ME14 5NB	£425,000	£380,000	-£45,000	15 Sep 2023	17 Jan 2024	124 Days
107 Birling Avenue, Bearsted, Maidstone, Kent, ME14 4LL	£350,000	£350,000	£00	19 Jul 2023	10 Jan 2024	175 Days
6 Milstead Close, Maidstone, Kent, ME14 5PQ	£235,000	£225,000	-£10,000	25 Jul 2023	20 Dec 2023	148 Days
10 Grecian Street, Maidstone, Kent, ME14 2TS	£260,000	£255,000	-£5,000	25 Oct 2023	20 Dec 2023	56 Days
4 Olivers Row, Bearsted, Maidstone, Kent, ME14 4EL	£360,000	£345,000	-£15,000	22 Jul 2023	18 Dec 2023	149 Days
10 Fisher Street, Maidstone, Kent, ME14 2SW	£325,000	£313,000	-£12,000	19 Jul 2023	18 Dec 2023	152 Days

Most Expensive Streets in ME14 (Maidstone)

Postcode	Street	Area	Average	No. of Sales
ME14 4EE	Church Lane, Bearsted	Maidstone	£1,268,333	3
ME14 4HN	Roundwell, Bearsted	Maidstone	£808,333	3
ME14 5AT	Exton Gardens, Weavering	Maidstone	£792,333	3
ME14 2DF	Silchester Court, Penenden Heath	Maidstone	£772,125	4
ME14 4NE	Ashford Road, Bearsted	Maidstone	£770,000	5
ME14 4NB	Ashford Road, Bearsted	Maidstone	£763,375	6
ME14 4FJ	Hart Close, Thurnham	Maidstone	£744,166	6
ME14 4JJ	Tower Lane, Bearsted	Maidstone	£729,766	3
ME14 5FR	Betony Gardens, Weavering	Maidstone	£725,000	3
ME14 4DB	Manor Rise, Bearsted	Maidstone	£703,583	3

Least Expensive Streets in ME14 (Maidstone)

Postcode	Street	Area	Average	No. of Sales
ME14 1JY	Mandeville Court, Union Street, Maidstone	Maidstone	£88,750	14
ME14 1ER	Friars Court	Maidstone	£97,931	16
ME14 1JR	Mandeville Court, Union Street, Maidstone	Maidstone	£99,654	22
ME14 2TL	Boxley Road	Maidstone	£100,333	3
ME14 2BX	Elizabeth House, Alexandra Street, Maidstone	Maidstone	£109,625	4
ME14 1JS	Medway Street	Maidstone	£116,875	4
ME14 1BU	Hengist Court	Maidstone	£118,250	12
ME14 5QS	Aldon Court, Aldon Close	Maidstone	£127,000	3
ME14 2JH	Oxden Court, Pine Grove	Maidstone	£127,100	5
ME14 1BT	Hengist Court	Maidstone	£128,409	11