House Prices in ME17 House Prices in ME17 (Maidstone)

The average house price in ME17 (Maidstone) is £315,590 using HM Land Registry data.

The average property price increased by £113,401 (11.99%) over the last 5 years and increased by £22,670 (2%) over the last 12 months.

Over the last year, there were 266 residential property sales – a decrease of 242 transactions (-90.98%) relative to the previous year. The majority of house sales (83) were in the £270,000 - £352,000 range. Then came properties in the £352,000 - £434,000 range, where 72 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 66 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-13,956 (-2%).

In June 2024, there were 94 new estate agency instructions, 54 agreed home sales and 33 property price reductions.

5-Year Average Property Prices in ME17 (Maidstone)

11.99%

Property prices in Maidstone increased by 11.99% 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 ME17 (Maidstone) Over the Last Year

2%

Property prices in Maidstone increased by 2% 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.

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).

Property Market Heat Gauge for ME17 (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 ME17 (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 ME17 (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 ME17 (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 ME17 (Maidstone) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the ME17 postcode area since 1995.

Recent Sales in ME17 (Maidstone)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
10 Headcorn Road, Platts Heath, Maidstone, Kent, ME17 2NH£450,000£443,300-£6,70019 Dec 202314 May 2024147 Days
5 Chippendayle Drive, Harrietsham, Maidstone, Kent, ME17 1AD£375,000£370,000-£5,00007 Dec 202303 May 2024148 Days
6 Wheelers Lane, Linton, Maidstone, Kent, ME17 4BL£500,000£480,000-£20,00023 Nov 202301 May 2024160 Days
6 Stockett Lane, Coxheath, Maidstone, Kent, ME17 4PS£400,000£380,000-£20,00009 Jun 202326 Apr 2024322 Days
5 Petlands, Boughton Monchelsea, Maidstone, Kent, ME17 4SL£375,000£375,000£0029 Dec 202326 Apr 2024119 Days
77 Charlesford Avenue, Kingswood, Maidstone, Kent, ME17 3PH£575,000£575,000£0028 Oct 202323 Apr 2024178 Days
17 Forge Meadow, Harrietsham, Maidstone, Kent, ME17 1JE£299,995£299,995£0029 Jan 202418 Apr 202480 Days
4 North Crescent, Coxheath, Maidstone, Kent, ME17 4QA£350,000£345,000-£5,00002 Feb 202412 Apr 202470 Days
New House Farm, Plough Wents Road, Chart Sutton, Maidstone, Kent, ME17 3SA£1,250,000£950,000-£300,00009 Nov 202311 Apr 2024154 Days
35 Haste Hill Road, Boughton Monchelsea, Maidstone, Kent, ME17 4LP£425,000£405,000-£20,00006 Nov 202308 Apr 2024154 Days
30 Woodlands, Coxheath, Maidstone, Kent, ME17 4EE£400,000£400,000£0005 Nov 202328 Mar 2024144 Days
9 Lewis Court Drive, Boughton Monchelsea, Maidstone, Kent, ME17 4LQ£350,000£350,000£0006 Nov 202308 Mar 2024123 Days
30 Atwater Court, Lenham, Maidstone, Kent, ME17 2PW£325,000£315,000-£10,00004 Jan 202328 Feb 2024420 Days
10 Chestnut Close, Ulcombe, Maidstone, Kent, ME17 1EA£215,000£210,000-£5,00001 Jun 202316 Feb 2024260 Days
Holly House, Green Lane, Boughton Monchelsea, Maidstone, Kent, ME17 4JQ£325,000£312,500-£12,50009 Sep 202309 Feb 2024153 Days
6 Chilston Road, Lenham, Maidstone, Kent, ME17 2PR£375,000£370,000-£5,00020 Apr 202330 Jan 2024285 Days
7 Mill Close, Lenham, Maidstone, Kent, ME17 2LF£265,000£265,000£0011 Oct 202326 Jan 2024107 Days
8 The Waldens, Kingswood, Maidstone, Kent, ME17 3QG£385,000£385,000£0026 Sep 202326 Jan 2024122 Days
16 Westerhill Road, Coxheath, Maidstone, Kent, ME17 4DH£325,000£320,000-£5,00028 Nov 202326 Jan 202459 Days
Porter's Rest, Green Lane, Langley, Maidstone, Kent, ME17 3JS£325,000£320,000-£5,00024 Oct 202325 Jan 202493 Days

Most Expensive Streets in ME17 (Maidstone)

PostcodeStreetAreaAverageNo. of Sales
ME17 1QYBroad Street Hill, HollingbourneMaidstone£1,346,6663
ME17 1LNFairbourne Lane, HarrietshamMaidstone£1,296,6663
ME17 3GJThe Oaks, Sutton ValenceMaidstone£957,5003
ME17 4XLVicarage Fields, LintonMaidstone£950,0007
ME17 2EFBoughton Park, Grafty GreenMaidstone£935,40911
ME17 3LPWarmlake Road, Sutton ValenceMaidstone£891,6663
ME17 2DZBurgess Fields, Lenham HeathMaidstone£873,7504
ME17 4JSWierton Hill, Boughton MonchelseaMaidstone£865,2504
ME17 3TUWarmlake Orchard, Sutton ValenceMaidstone£857,0836
ME17 3GLMilford Place, LangleyMaidstone£766,2504

Least Expensive Streets in ME17 (Maidstone)

PostcodeStreetAreaAverageNo. of Sales
ME17 4XETrefoil Mews, CoxheathMaidstone£98,6253
ME17 3FYWinch CloseMaidstone£116,1004
ME17 4PQRusset Court, CoxheathMaidstone£166,5007
ME17 4PJMace Court, CoxheathMaidstone£190,8336
ME17 4UABramble Close, CoxheathMaidstone£195,5836
ME17 1BDSt Welcumes Way, HarrietshamMaidstone£196,7504
ME17 4RALinden Road, CoxheathMaidstone£206,7147
ME17 4NUHeath Road, LintonMaidstone£213,6663
ME17 4UUMorris Close, Boughton MonchelseaMaidstone£214,5007
ME17 3FULaight RoadMaidstone£215,1628

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