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House Prices in ME18

The average house price in ME18 (Maidstone) is £249,500 using HM Land Registry data.

The average property price increased by £71,516 (63.22%) over the last 5 years and increased by £14,293 (7.63%) over the last 12 months.

Over the last year, there were 63 residential property sales – a decrease of 32 transactions (-50.79%) relative to the previous year. The majority of house sales (19) were in the £376,000 - £522,000 range. Then came properties in the £230,000 - £376,000 range, where 17 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 48 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-16,666 (-2%).

In April 2024, there were 28 new estate agency instructions, 7 agreed home sales and 13 property price reductions.

5-Year Average Property Prices in ME18 (Maidstone)

63.22%

Property prices in Maidstone increased by 63.22% 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 ME18 (Maidstone) Over the Last Year

7.63%

Property prices in Maidstone increased by 7.63% 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 ME18 (Maidstone) - April 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 ME18 (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 ME18 (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 ME18 (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 ME18 (Maidstone) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the ME18 postcode area since 1995.

Recent Sales in ME18 (Maidstone)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
143 Butchers Lane, Mereworth, Maidstone, Kent, ME18 5QD	£850,000	£830,000	-£20,000	08 Jul 2023	10 Nov 2023	125 Days
210 Kent Street, Mereworth, Maidstone, Kent, ME18 5QW	£380,000	£380,000	£00	11 Jul 2023	04 Oct 2023	85 Days
123 Bow Road, Wateringbury, Maidstone, Kent, ME18 5DZ	£499,950	£475,000	-£24,950	12 Jun 2023	03 Oct 2023	113 Days
Hatchgate House, Mill Lane, Yalding, Maidstone, Kent, ME18 6AR	£525,000	£425,000	-£100,000	21 Mar 2023	29 Sep 2023	192 Days
Flat 17, Teston House, Tonbridge Road, Teston, Maidstone, Kent, ME18 5BF	£160,000	£160,000	£00	17 May 2023	25 Sep 2023	131 Days
24 Allington Gardens, Wateringbury, Maidstone, Kent, ME18 5DG	£399,950	£370,000	-£29,950	27 Mar 2023	14 Sep 2023	171 Days
24 Cobbs Close, Wateringbury, Maidstone, Kent, ME18 5NJ	£497,500	£487,500	-£10,000	28 Mar 2023	28 Jul 2023	122 Days
Trowfair, Church Street, Teston, Maidstone, Kent, ME18 5AG	£450,000	£435,000	-£15,000	27 Jan 2023	12 Jul 2023	166 Days
7 Bow Terrace, Wateringbury, Maidstone, Kent, ME18 5DW	£290,000	£285,000	-£5,000	01 Feb 2023	23 Jun 2023	142 Days
96 Phoenix Drive, Wateringbury, Maidstone, Kent, ME18 5RS	£450,000	£450,000	£00	28 Mar 2023	16 Jun 2023	80 Days
Hamilton, Vicarage Road, Yalding, Maidstone, Kent, ME18 6DR	£1,000,000	£985,000	-£15,000	11 Nov 2022	09 Jun 2023	210 Days
79 The Street, Mereworth, Maidstone, Kent, ME18 5LZ	£1,195,000	£1,100,000	-£95,000	29 Sep 2022	24 Apr 2023	207 Days
Church House, High Street, Yalding, Maidstone, Kent, ME18 6HU	£1,495,000	£1,440,000	-£55,000	13 Feb 2023	14 Apr 2023	60 Days
6 Church Close, Mereworth, Maidstone, Kent, ME18 5LY	£525,000	£525,000	£00	02 Dec 2022	14 Apr 2023	133 Days
20 Mill Lane, Wateringbury, Maidstone, Kent, ME18 5PE	£650,000	£630,000	-£20,000	26 Dec 2022	04 Apr 2023	99 Days
Bramleys, Benover Road, Yalding, Maidstone, Kent, ME18 6ES	£950,000	£915,000	-£35,000	05 Jan 2023	03 Apr 2023	88 Days
18 Barham Mews, Teston, Maidstone, Kent, ME18 5BL	£170,000	£170,000	£00	01 Nov 2022	17 Mar 2023	136 Days
29 The Brucks, Wateringbury, Maidstone, Kent, ME18 5PX	£570,000	£570,000	£00	26 Aug 2022	10 Mar 2023	196 Days
4 Readers Court, Teston, Maidstone, Kent, ME18 5EY	£575,000	£565,000	-£10,000	23 Aug 2022	30 Jan 2023	160 Days
11 Hillside Court, Wateringbury, Maidstone, Kent, ME18 5DF	£350,000	£345,000	-£5,000	22 Aug 2022	13 Jan 2023	144 Days

Most Expensive Streets in ME18 (Maidstone)

Postcode	Street	Area	Average	No. of Sales
ME18 6EA	Salters Cross, Yalding	Maidstone	£1,017,500	3
ME18 5PE	Mill Lane, Wateringbury	Maidstone	£990,000	5
ME18 6HA	Symonds Lane, Yalding	Maidstone	£910,666	3
ME18 5AQ	The Street, Teston	Maidstone	£803,000	5
ME18 5LU	The Street, Mereworth	Maidstone	£799,166	3
ME18 6BP	Laddingford	Maidstone	£781,666	3
ME18 5NY	Tonbridge Road, Wateringbury	Maidstone	£771,449	10
ME18 5NW	Red Hill, Wateringbury	Maidstone	£676,100	5
ME18 5NA	The Street, Mereworth	Maidstone	£642,100	5
ME18 5AR	Council Houses, Teston	Maidstone	£630,000	4

Least Expensive Streets in ME18 (Maidstone)

Postcode	Street	Area	Average	No. of Sales
ME18 5BL	Barham Mews, Teston	Maidstone	£151,644	10
ME18 5BF	Teston House, Tonbridge Road	Maidstone	£174,857	7
ME18 5NU	Tonbridge Road, Wateringbury	Maidstone	£190,866	3
ME18 6EW	Killicks Cottages, Benover Road	Maidstone	£242,333	3
ME18 5DW	Bow Terrace, Wateringbury	Maidstone	£256,000	5
ME18 5FA	The Orpines, Wateringbury	Maidstone	£279,642	14
ME18 5EX	Bryant Close, Nettlestead	Maidstone	£281,428	7
ME18 5ES	Bishops Close, Nettlestead	Maidstone	£290,600	5
ME18 5AB	Waterside Mews, Wateringbury	Maidstone	£306,777	9
ME18 6JG	Mount Avenue, Yalding	Maidstone	£317,500	6