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House Prices in ME15

The average house price in ME15 (Maidstone) is £409,458 using HM Land Registry data.

The average property price increased by £87,545 (24.2%) over the last 5 years and increased by £17,501 (3.7%) over the last 12 months.

Over the last year, there were 464 residential property sales – a decrease of 219 transactions (-47.20%) relative to the previous year. The majority of house sales (122) were in the £330,000 - £400,000 range. Then came properties in the £260,000 - £330,000 range, where 110 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 75 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,630 (-2%).

In June 2024, there were 93 new estate agency instructions, 85 agreed home sales and 60 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) - 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 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
64 Grove Road, Maidstone, Kent, ME15 9AT	£200,000	£200,000	£00	14 Jan 2024	29 Apr 2024	106 Days
Windy Ridge, Charlton Lane, West Farleigh, Maidstone, Kent, ME15 0NL	£750,000	£740,000	-£10,000	05 Oct 2023	29 Apr 2024	207 Days
5 Sheals Crescent, Maidstone, Kent, ME15 6TW	£230,000	£220,000	-£10,000	20 Dec 2023	26 Apr 2024	128 Days
513 Loose Road, Maidstone, Kent, ME15 9UQ	£275,000	£268,000	-£7,000	05 Oct 2023	26 Apr 2024	204 Days
44 Sutton Road, Maidstone, Kent, ME15 9AL	£390,000	£385,000	-£5,000	03 Jan 2024	25 Apr 2024	113 Days
6 Halstow Close, Maidstone, Kent, ME15 9XA	£325,000	£325,000	£00	19 Jan 2024	23 Apr 2024	95 Days
65 Button Lane, Bearsted, Maidstone, Kent, ME15 8DW	£750,000	£725,000	-£25,000	19 Sep 2023	08 Apr 2024	202 Days
18 The Quern, Maidstone, Kent, ME15 6FT	£250,000	£232,000	-£18,000	26 Oct 2023	05 Apr 2024	162 Days
407 Sutton Road, Maidstone, Kent, ME15 9BX	£400,000	£395,000	-£5,000	26 Oct 2023	20 Mar 2024	146 Days
46 Wrangleden Road, Maidstone, Kent, ME15 9LR	£160,000	£135,000	-£25,000	12 Sep 2023	15 Mar 2024	185 Days
224 Westmorland Road, Maidstone, Kent, ME15 8JD	£325,000	£320,000	-£5,000	03 Oct 2023	08 Mar 2024	157 Days
22 Tattershall Road, Maidstone, Kent, ME15 6GD	£290,000	£290,000	£00	07 Sep 2023	01 Mar 2024	176 Days
18 Regent Drive, Maidstone, Kent, ME15 6DG	£375,000	£370,000	-£5,000	27 Jul 2023	08 Feb 2024	196 Days
26 Pennine Way, Downswood, Maidstone, Kent, ME15 8UG	£475,000	£460,000	-£15,000	18 Oct 2023	01 Feb 2024	106 Days
15 Lansdowne Avenue, Maidstone, Kent, ME15 9DL	£375,000	£360,000	-£15,000	19 Sep 2023	24 Jan 2024	127 Days
59 Felderland Close, Maidstone, Kent, ME15 9YD	£300,000	£292,000	-£8,000	30 Aug 2023	24 Jan 2024	147 Days
53 Berwyn Grove, Maidstone, Kent, ME15 9RE	£450,000	£432,500	-£17,500	18 Aug 2023	22 Jan 2024	157 Days
4 Wilson Close, Maidstone, Kent, ME15 8AP	£450,000	£440,000	-£10,000	26 May 2023	19 Jan 2024	238 Days
21 Muir Road, Maidstone, Kent, ME15 6PX	£300,000	£300,000	£00	29 Aug 2023	19 Jan 2024	143 Days
21 Regent Drive, Maidstone, Kent, ME15 6DF	£375,000	£363,000	-£12,000	04 Aug 2023	19 Jan 2024	168 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 0LX	Vicarage Lane, East Farleigh	Maidstone	£880,000	5
ME15 9SE	Old Drive	Maidstone	£878,125	4
ME15 0PR	Dean Street, East Farleigh	Maidstone	£856,666	3
ME15 9RQ	Walnut Tree Lane	Maidstone	£840,000	4
ME15 9RX	Lancet Lane	Maidstone	£808,333	3
ME15 0QH	Amsbury Road, Hunton	Maidstone	£803,750	4
ME15 0EY	Priory Close, East Farleigh	Maidstone	£803,333	6
ME15 0HS	Forge Row, East Farleigh	Maidstone	£768,202	5
ME15 0AY	Salts Avenue, Loose	Maidstone	£748,333	3

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	£76,166	6
ME15 8FW	Cavendish Place, Cavendish Way	Maidstone	£109,562	8
ME15 9ZE	Clare Way	Maidstone	£113,833	3
ME15 9JW	Shirley Court, Wallis Avenue	Maidstone	£121,666	3
ME15 6LN	Lower Stone Street	Maidstone	£124,666	3
ME15 6LZ	Lower Stone Street	Maidstone	£132,500	3
ME15 7UZ	Basing Close	Maidstone	£136,285	7
ME15 9LT	Wallis Avenue	Maidstone	£141,666	3
ME15 8DX	Park View Court, School Lane	Maidstone	£141,750	4