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Maidstone House Prices Maidstone House Prices

The average house price in Maidstone is £341,829 using HM Land Registry data.

The average property price increased by £66,100 (22.2%) over the last 5 years and increased by £13,214 (3.77%) over the last 12 months.

Over the last year, there were 1,050 residential property sales – a decrease of 579 transactions (-55.14%) relative to the previous year. The majority of house sales (260) were in the £296,000 - £364,000 range. Then came properties in the £228,000 - £296,000 range, where 195 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 67 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,091 (-2%).

In June 2024, there were 224 new estate agency instructions, 202 agreed home sales and 153 property price reductions.

Neighbouring Areas: Bearsted, Coxheath

Postcodes Covered: ME14, ME15, ME16, ME17

5-Year Average Property Prices in Maidstone

22.2%

Property prices in Maidstone increased by 22.2% 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 Maidstone Over the Last Year

3.77%

Property prices in Maidstone increased by 3.77% 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 - 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 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
9 Lushington Road, Maidstone, Kent, ME14 2QS£275,000£275,000£0024 Jan 202403 May 2024100 Days
2 Queensgate, Maidstone, Kent, ME16 0FB£375,000£375,000£0025 Sep 202302 May 2024220 Days
Copperfield, Queens Avenue, Maidstone, Kent, ME16 0ER£900,000£875,000-£25,00001 Feb 202429 Apr 202488 Days
64 Grove Road, Maidstone, Kent, ME15 9AT£200,000£200,000£0014 Jan 202429 Apr 2024106 Days
15 Sherbourne Drive, Maidstone, Kent, ME16 8UG£270,000£265,000-£5,00017 Jan 202426 Apr 2024100 Days
5 Sheals Crescent, Maidstone, Kent, ME15 6TW£230,000£220,000-£10,00020 Dec 202326 Apr 2024128 Days
513 Loose Road, Maidstone, Kent, ME15 9UQ£275,000£268,000-£7,00005 Oct 202326 Apr 2024204 Days
5 Petlands, Boughton Monchelsea, Maidstone, Kent, ME17 4SL£375,000£375,000£0029 Dec 202326 Apr 2024119 Days
44 Sutton Road, Maidstone, Kent, ME15 9AL£390,000£385,000-£5,00003 Jan 202425 Apr 2024113 Days
2 Ash Tree Gardens, Weavering, Maidstone, Kent, ME14 5LB£575,000£565,000-£10,00024 Aug 202324 Apr 2024244 Days
5 Glenwood Close, Maidstone, Kent, ME16 0AU£350,000£345,000-£5,00027 Sep 202323 Apr 2024209 Days
6 Halstow Close, Maidstone, Kent, ME15 9XA£325,000£325,000£0019 Jan 202423 Apr 202495 Days
58 Hackney Road, Maidstone, Kent, ME16 8LU£350,000£343,000-£7,00027 May 202319 Apr 2024328 Days
1 Flaxman Drive, Maidstone, Kent, ME16 0RU£365,000£360,000-£5,00005 Feb 202419 Apr 202474 Days
8 Hazel Avenue, Maidstone, Kent, ME16 0BA£439,995£425,000-£14,99520 Sep 202312 Apr 2024205 Days
3 Maryland Drive, Maidstone, Kent, ME16 9EG£375,000£368,000-£7,00006 Oct 202310 Apr 2024187 Days
12 Restharrow Road, Weavering, Maidstone, Kent, ME14 5UH£585,000£585,000£0003 Nov 202309 Apr 2024158 Days
35 Clifford Way, Maidstone, Kent, ME16 8GD£425,000£425,000£0002 Nov 202309 Apr 2024159 Days
18 The Quern, Maidstone, Kent, ME15 6FT£250,000£232,000-£18,00026 Oct 202305 Apr 2024162 Days
45 Abingdon Road, Maidstone, Kent, ME16 9DS£380,000£370,000-£10,00026 Jul 202328 Mar 2024246 Days

Most Expensive Streets in Maidstone

PostcodeStreetAreaAverageNo. of Sales
ME16 0ENQueens AvenueMaidstone£901,6663
ME15 9SEOld DriveMaidstone£878,1254
ME15 9RQWalnut Tree LaneMaidstone£840,0004
ME15 9RXLancet LaneMaidstone£808,3333
ME16 9HHNorth Pole RoadBarming£803,0005
ME14 5ATExton GardensWeavering£792,3333
ME14 2DFSilchester CourtPenenden Heath£772,1254
ME16 0ERQueens AvenueMaidstone£738,0005
ME15 8EPWillington StreetMaidstone£730,0004
ME14 5FRBetony GardensWeavering£725,0003

Least Expensive Streets in Maidstone

PostcodeStreetAreaAverageNo. of Sales
ME15 9GBSherlock HouseLynley Close£68,2147
ME16 8RTTonbridge RoadMaidstone£74,0004
ME15 6ZLHughenden ReachTovil£76,1666
ME14 1JYMandeville CourtUnion Street, Maidstone£88,75014
ME14 1ERFriars CourtMaidstone£97,93116
ME14 1JRMandeville CourtUnion Street, Maidstone£99,65422
ME16 8JZVictoria CourtMaidstone£100,04112
ME14 2TLBoxley RoadMaidstone£100,3333
ME16 0GQPevensey CourtSt Peters Street, Maidstone£100,57420
ME16 0AZSwallow HouseSpringvale£102,3124

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