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Maidstone House Prices Maidstone House Prices

The average house price in Maidstone is £338,545 using HM Land Registry data.

The average property price increased by £49,663 (16.01%) over the last 5 years and increased by £9,951 (2.84%) over the last 12 months.

Over the last year, there were 1,097 residential property sales – a decrease of 338 transactions (-30.81%) relative to the previous year. The majority of house sales (255) were in the £302,000 - £368,000 range. Then came properties in the £236,000 - £302,000 range, where 196 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 123 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,982 (-2%).

In Dec 24, there were 129 new estate agency instructions, 90 agreed home sales and 29 property price reductions.

Neighbouring Areas: Bearsted, Coxheath

Postcodes Covered: ME14, ME15, ME16, ME17

5-Year Average Property Prices in Maidstone

16.01%

Property prices in Maidstone increased by 16.01% 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 Maidstone Over the Last Year

2.84%

Property prices in Maidstone increased by 2.84% 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 Maidstone - Dec 24

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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 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 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 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 Maidstone since 1995

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

Recent Property Sales in Maidstone

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
35 Hackney Road, Maidstone, Kent, ME16 8LN£325,000£280,000-£45,00020 Jul 202422 Nov 2024125 Days
36 Broadoak Avenue, Maidstone, Kent, ME15 6DL£500,000£500,000£0016 Aug 202422 Nov 202498 Days
18 Shernolds, Maidstone, Kent, ME15 9QH£500,000£500,000£0026 Jul 202421 Nov 2024118 Days
338 Upper Fant Road, Maidstone, Kent, ME16 8DD£325,000£325,000£0016 Jul 202418 Nov 2024125 Days
2 Sissinghurst Drive, Maidstone, Kent, ME16 0UW£600,000£580,000-£20,00023 Apr 202418 Nov 2024209 Days
12 Charlton Street, Maidstone, Kent, ME16 8LA£280,000£272,000-£8,00019 Apr 202418 Nov 2024213 Days
31 Willow Rise, Downswood, Maidstone, Kent, ME15 8XR£280,000£280,000£0019 Jun 202415 Nov 2024149 Days
63 Woolley Road, Maidstone, Kent, ME15 8PZ£400,000£385,000-£15,00024 Jul 202415 Nov 2024114 Days
20 Belmont Close, Maidstone, Kent, ME16 9DY£500,000£500,000£0005 Jun 202414 Nov 2024162 Days
26 Silverdale, Maidstone, Kent, ME16 9JG£340,000£330,000-£10,00015 Aug 202413 Nov 202490 Days
29 Roseleigh Avenue, Maidstone, Kent, ME16 0AS£550,000£550,000£0017 May 202412 Nov 2024179 Days
3 Ash Tree Gardens, Weavering, Maidstone, Kent, ME14 5LB£580,000£567,500-£12,50018 Apr 202408 Nov 2024204 Days
55 Ash Grove, Maidstone, Kent, ME16 0AD£460,000£460,000£0014 May 202408 Nov 2024178 Days
7 Chipstead Close, Maidstone, Kent, ME16 0DH£380,000£370,000-£10,00030 Apr 202408 Nov 2024192 Days
51 The Weavers, Maidstone, Kent, ME16 0NZ£350,000£348,000-£2,00015 May 202408 Nov 2024177 Days
11 Dover Street, Maidstone, Kent, ME16 8LF£250,000£250,000£0025 Oct 202408 Nov 202414 Days
4 Higham Close, Maidstone, Kent, ME15 6RA£290,000£290,000£0001 Jul 202408 Nov 2024130 Days
17 Oxford Road, Maidstone, Kent, ME15 8DA£170,000£163,000-£7,00024 Jul 201208 Nov 20244490 Days
30 Gorham Drive, Downswood, Maidstone, Kent, ME15 8UU£325,000£322,500-£2,50015 May 202408 Nov 2024177 Days
9 Farleigh Lane, Maidstone, Kent, ME16 9AX£270,000£252,500-£17,50015 Jul 202407 Nov 2024115 Days

Most Expensive Streets in Maidstone

PostcodeStreetAreaAverageNo. of Sales
ME15 8RLOtham StreetOtham£909,3333
ME16 0ENQueens AvenueMaidstone£901,6663
ME15 0JBFarleigh HillMaidstone£896,6663
ME16 9HHNorth Pole RoadBarming£856,2504
ME15 9SALancet LaneMaidstone£821,0755
ME15 9RXLancet LaneMaidstone£808,3333
ME15 9SEOld DriveMaidstone£792,5004
ME14 5ATExton GardensWeavering£792,3333
ME14 2DFSilchester CourtPenenden Heath£772,1254
ME16 0ERQueens AvenueMaidstone£770,0004

Least Expensive Streets in Maidstone

PostcodeStreetAreaAverageNo. of Sales
ME15 9GBSherlock HouseLynley Close£68,2147
ME16 8RTTonbridge RoadMaidstone£74,0004
ME15 6ZLHughenden ReachTovil£82,2507
ME14 1JYMandeville CourtUnion Street, Maidstone£89,37512
ME14 1ERFriars CourtMaidstone£95,03017
ME16 8JZVictoria CourtMaidstone£95,85010
ME14 2TLBoxley RoadMaidstone£100,3333
ME16 0GQPevensey CourtSt Peters Street, Maidstone£100,57420
ME14 1JRMandeville CourtUnion Street, Maidstone£100,94721
ME16 0AZSwallow HouseSpringvale£102,3124

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