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Maidstone House Prices Maidstone House Prices

The average house price in Maidstone is £331,131 using HM Land Registry data.

The average property price increased by £63,983 (21.55%) over the last 5 years and increased by £12,788 (3.67%) over the last 12 months.

Over the last year, there were 1,106 residential property sales – a decrease of 573 transactions (-51.81%) relative to the previous year. The majority of house sales (282) were in the £300,000 - £370,000 range. Then came properties in the £230,000 - £300,000 range, where 204 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 82 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,091 (-2%).

In April 2024, there were 260 new estate agency instructions, 147 agreed home sales and 127 property price reductions.

Neighbouring Areas: Bearsted, Coxheath

Postcodes Covered: ME14, ME15, ME16, ME17

5-Year Average Property Prices in Maidstone

21.55%

Property prices in Maidstone increased by 21.55% 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 Maidstone Over the Last Year

3.67%

Property prices in Maidstone increased by 3.67% 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 - 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 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
224 Westmorland Road, Maidstone, Kent, ME15 8JD£325,000£320,000-£5,00003 Oct 202308 Mar 2024157 Days
9 Park Villas, Weavering, Maidstone, Kent, ME14 4PN£325,000£325,000£0030 Nov 202328 Feb 202490 Days
18 Regent Drive, Maidstone, Kent, ME15 6DG£375,000£370,000-£5,00027 Jul 202308 Feb 2024196 Days
Flat 74, Pevensey Court, St Peters Street, Maidstone, Kent, ME16 0GQ£130,000£50,000-£80,00028 Jul 201402 Feb 20243476 Days
26 Pennine Way, Downswood, Maidstone, Kent, ME15 8UG£475,000£460,000-£15,00018 Oct 202301 Feb 2024106 Days
18 Marigold Way, Maidstone, Kent, ME16 0GF£400,000£385,000-£15,00004 Sep 202326 Jan 2024144 Days
1c, Newbury Avenue, Maidstone, Kent, ME16 0RB£500,000£500,000£0013 Oct 202325 Jan 2024104 Days
29 Bedgebury Close, Maidstone, Kent, ME14 5QZ£325,000£324,750-£25020 Mar 202324 Jan 2024310 Days
25 Chartwell Drive, Maidstone, Kent, ME16 0WR£350,000£330,000-£20,00009 Aug 202324 Jan 2024168 Days
15 Lansdowne Avenue, Maidstone, Kent, ME15 9DL£375,000£360,000-£15,00019 Sep 202324 Jan 2024127 Days
41 Crownfields, Weavering, Maidstone, Kent, ME14 5TH£390,000£380,000-£10,00030 Jun 202319 Jan 2024203 Days
330 Upper Fant Road, Maidstone, Kent, ME16 8DD£315,000£295,000-£20,00017 Aug 202319 Jan 2024155 Days
4 Wilson Close, Maidstone, Kent, ME15 8AP£450,000£440,000-£10,00026 May 202319 Jan 2024238 Days
21 Muir Road, Maidstone, Kent, ME15 6PX£300,000£300,000£0029 Aug 202319 Jan 2024143 Days
8 Cowden Road, Maidstone, Kent, ME14 5QH£325,000£325,000£0013 Sep 202318 Jan 2024127 Days
23 Marston Drive, Maidstone, Kent, ME14 5NB£425,000£380,000-£45,00015 Sep 202317 Jan 2024124 Days
173 London Road, Maidstone, Kent, ME16 0HA£500,000£500,000£0005 Oct 202316 Jan 2024103 Days
6 Sterling Avenue, Maidstone, Kent, ME16 0AY£450,000£445,000-£5,00004 Sep 202312 Jan 2024130 Days
86 Lacock Gardens, Maidstone, Kent, ME15 6GQ£310,000£301,500-£8,50008 Sep 202310 Jan 2024124 Days
21 Shernolds, Maidstone, Kent, ME15 9QG£500,000£500,000£0022 Jun 202309 Jan 2024201 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 2DFSilchester CourtPenenden Heath£772,1254
ME15 8EPWillington StreetMaidstone£730,0004
ME14 5FRBetony GardensWeavering£725,0003
ME16 8AXBower Mount RoadMaidstone£705,7504
ME16 0ERQueens AvenueMaidstone£703,7504

Least Expensive Streets in Maidstone

PostcodeStreetAreaAverageNo. of Sales
ME15 9GBSherlock HouseLynley Close£53,5005
ME16 8RTTonbridge RoadMaidstone£74,0004
ME15 6ZLHughenden ReachTovil£76,1666
ME14 1JYMandeville CourtUnion Street, Maidstone£88,03813
ME14 1ERFriars CourtMaidstone£97,93116
ME16 8JZVictoria CourtMaidstone£100,04112
ME14 2TLBoxley RoadMaidstone£100,3333
ME14 1JRMandeville CourtUnion Street, Maidstone£100,33622
ME16 0GQPevensey CourtSt Peters Street, Maidstone£100,57420
ME15 6PBCollege CourtMaidstone£101,0003

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