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House Prices in ME16

The average house price in ME16 (Maidstone) is £422,576 using HM Land Registry data.

The average property price increased by £60,409 (11.55%) over the last 5 years and increased by £12,076 (1.93%) over the last 12 months.

Over the last year, there were 348 residential property sales – a decrease of 230 transactions (-66.09%) relative to the previous year. The majority of house sales (85) were in the £292,000 - £358,000 range. Then came properties in the £358,000 - £424,000 range, where 65 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 68 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,421 (-2%).

In June 2024, there were 84 new estate agency instructions, 64 agreed home sales and 61 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) - 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 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
2 Queensgate, Maidstone, Kent, ME16 0FB	£375,000	£375,000	£00	25 Sep 2023	02 May 2024	220 Days
Copperfield, Queens Avenue, Maidstone, Kent, ME16 0ER	£900,000	£875,000	-£25,000	01 Feb 2024	29 Apr 2024	88 Days
15 Sherbourne Drive, Maidstone, Kent, ME16 8UG	£270,000	£265,000	-£5,000	17 Jan 2024	26 Apr 2024	100 Days
5 Glenwood Close, Maidstone, Kent, ME16 0AU	£350,000	£345,000	-£5,000	27 Sep 2023	23 Apr 2024	209 Days
58 Hackney Road, Maidstone, Kent, ME16 8LU	£350,000	£343,000	-£7,000	27 May 2023	19 Apr 2024	328 Days
1 Flaxman Drive, Maidstone, Kent, ME16 0RU	£365,000	£360,000	-£5,000	05 Feb 2024	19 Apr 2024	74 Days
8 Hazel Avenue, Maidstone, Kent, ME16 0BA	£439,995	£425,000	-£14,995	20 Sep 2023	12 Apr 2024	205 Days
3 Maryland Drive, Maidstone, Kent, ME16 9EG	£375,000	£368,000	-£7,000	06 Oct 2023	10 Apr 2024	187 Days
35 Clifford Way, Maidstone, Kent, ME16 8GD	£425,000	£425,000	£00	02 Nov 2023	09 Apr 2024	159 Days
45 Abingdon Road, Maidstone, Kent, ME16 9DS	£380,000	£370,000	-£10,000	26 Jul 2023	28 Mar 2024	246 Days
8 Western Road, Maidstone, Kent, ME16 8NE	£260,000	£260,000	£00	27 Sep 2023	22 Mar 2024	177 Days
146 Newbury Avenue, Maidstone, Kent, ME16 0RE	£375,000	£375,000	£00	17 Oct 2023	13 Mar 2024	148 Days
22 St Annes Court, Maidstone, Kent, ME16 0UQ	£190,000	£190,000	£00	22 Jun 2023	13 Mar 2024	265 Days
10 Headingley Road, Maidstone, Kent, ME16 0HR	£435,000	£420,000	-£15,000	27 Jul 2023	01 Mar 2024	218 Days
2 Beech Drive, Maidstone, Kent, ME16 0AH	£440,000	£430,000	-£10,000	14 Nov 2023	29 Feb 2024	107 Days
3 Gooch Close, Allington, Maidstone, Kent, ME16 0GE	£375,000	£365,000	-£10,000	13 Oct 2023	29 Feb 2024	139 Days
Flat 74, Pevensey Court, St Peters Street, Maidstone, Kent, ME16 0GQ	£130,000	£50,000	-£80,000	28 Jul 2014	02 Feb 2024	3476 Days
Flat 95, Scotney Gardens, St Peters Street, Maidstone, Kent, ME16 0GT	£195,000	£195,000	£00	24 Jul 2023	29 Jan 2024	189 Days
18 Marigold Way, Maidstone, Kent, ME16 0GF	£400,000	£385,000	-£15,000	04 Sep 2023	26 Jan 2024	144 Days
31 Wolfe Road, Maidstone, Kent, ME16 8NX	£375,000	£365,000	-£10,000	01 Sep 2023	26 Jan 2024	147 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	£803,000	5
ME16 0ER	Queens Avenue	Maidstone	£738,000	5
ME16 8AX	Bower Mount Road	Maidstone	£705,750	4
ME16 0SA	Buckland Hill	Maidstone	£632,125	4
ME16 9BE	Rectory Lane, Barming	Maidstone	£604,166	3
ME16 0EJ	Vicary Way	Maidstone	£593,333	3
ME16 9HE	North Street, Barming	Maidstone	£593,000	5
ME16 0HJ	Allington Way	Maidstone	£580,750	4
ME16 0EZ	Mountsfield Close	Maidstone	£578,000	5

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	£100,041	12
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 0UB	Ruth House, Lesley Place	Maidstone	£111,000	4
ME16 0UE	Claire House, Lesley Place	Maidstone	£111,312	4
ME16 9BZ	Copper Beech Close, Barming	Maidstone	£114,733	3
ME16 0SB	Buckland Hill	Maidstone	£122,100	5
ME16 0ZG	Sandlewood Court	Maidstone	£140,062	4