Housing Market Analysis for MERTON ROAD, ME15 8LP

Are you looking to understand ME15 8LP house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Maidstone postcode.

For the location information and nearby amenities in the ME15 8LP area, explore the ME15 8LP Area information page.
For comprehensive crime statistics in the ME15 8LP area, explore the ME15 8LP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the ME15 8LP postcode area, The average prices are as follows,

Terraced
- The average price is around £176,448 median price is £173,000 Standard Deviation is £85,065 with Total Sold: 29
- The Last 5 Year average price is £283,750 with Total Sold: 4
- The most recent sale happened at this postcode is 175 MERTON ROAD: £305,000 (Sold on 27 Mar 2024)
- The first recorded sale happened at this postcode is 177 MERTON ROAD: £53,000 (Sold on 14 Sep 1995)
Semi-Detached
- The average price is around £129,750 median price is £129,750 Standard Deviation is £66,250 with Total Sold: 2
- The most recent sale happened at this postcode is 201 MERTON ROAD: £196,000 (Sold on 27 Aug 2004)
- The first recorded sale happened at this postcode is 191 MERTON ROAD: £63,500 (Sold on 29 May 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average ME15 8LP house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£305,000		1
2022	£300,000	£4,918	1
2021	£265,000	£4,417	2
2018	£262,250	£4,335	2
2017	£265,167	£3,847	3
2016	£244,000	£3,533	2
2015	£214,000	£3,567	1
2013	£173,000	£2,836	1
2011	£180,000	£1,762	1
2008	£150,000	£2,542	1
2007	£215,000	£2,240	1
2006	£164,000	£2,689	1
2005	£159,995	£2,712	1
2003	£165,000	£1,615	1
2002	£107,000	£1,754	1
2001	£99,665	£1,369	3
1998	£67,000	£1,098	1
1997	£55,998	£867	3
1995	£56,000	£723	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2004	£196,000	£2,361	1
1998	£63,500	£1,058	1

All the Sales in the MERTON ROAD, ME15 8LP

See the table below for more details on the sold house prices in the ME15 8LP, Maidstone postcode.

Address	Sold Date	Price	% Change
175 MERTON ROADTerraced, Freehold	27 Mar 2024	£305,000	22.24%
	31 May 2017	£249,500	55.94%
	02 Dec 2005	£159,995	86.04%
	29 Jun 2001	£86,000	First Sale
169 MERTON ROADTerraced, FreeholdArea: 61 Sq.mtrAge: 1967-1975	28 Oct 2022	£300,000	347.76%
	09 Oct 1998	£67,000	First Sale
177 MERTON ROADTerraced, FreeholdArea: 61 Sq.mtrAge: 1976-1982	09 Apr 2021	£270,000	2.86%
	24 Aug 2018	£262,500	51.73%
	21 Jun 2013	£173,000	5.49%
	30 Aug 2006	£164,000	53.27%
	01 Jul 2002	£107,000	101.89%
	14 Sep 1995	£53,000	First Sale
171 MERTON ROADTerraced, FreeholdArea: 59 Sq.mtrAge: 1967-1975	12 Mar 2021	£260,000	73.33%
	19 Dec 2008	£150,000	First Sale
191 MERTON ROADTerraced, FreeholdArea: 60 Sq.mtrAge: 1967-1975	02 Mar 2018	£262,000	23.58%
	22 Jul 2016	£212,000	233.86%
	29 May 1998	£63,500	First Sale
195 MERTON ROADTerraced, FreeholdArea: 96 Sq.mtrAge: 1967-1975	28 Jul 2017	£286,000	33.02%
	27 Apr 2007	£215,000	74.80%
	24 Sep 2001	£122,995	First Sale
179 MERTON ROADTerraced, FreeholdArea: 60 Sq.mtrAge: 1967-1975	30 Jun 2017	£260,000	21.50%
	21 Dec 2015	£214,000	First Sale
197 MERTON ROADTerraced, Freehold	12 Aug 2016	£276,000	First Sale
199 MERTON ROADTerraced, FreeholdArea: 102.17 Sq.mtrAge: 1967-1975	07 Jan 2011	£180,000	9.09%
	30 Apr 2003	£165,000	179.66%
	30 Nov 1995	£59,000	First Sale
201 MERTON ROADSemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1967-1975	27 Aug 2004	£196,000	First Sale
187 MERTON ROADTerraced, Freehold	05 Jul 2001	£90,000	45.17%
187 MERTON ROADTerraced, Freehold	30 Sep 1997	£61,995	First Sale
181 MERTON ROADTerraced, Freehold	25 Mar 1997	£54,000	First Sale
183 MERTON ROADTerraced, FreeholdArea: 60 Sq.mtrAge: 1967-1975	24 Jan 1997	£52,000	First Sale

Check out the sold house prices near the ME15 8LP postcode. Properties currently for saleProperties currently for rent

MERTON ROAD, ME15 8LP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME15 8LP postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the ME15 8LP postcode.

Semi-Detached
- The average price is around £190,741 median price is £184,000 Standard Deviation is £101,583 with Total Sold: 1,283
- The Last 5 Year average price is £342,455 with Total Sold: 179
- The most recent sale happened at this postcode is , 23 MADGINFORD ROAD: £370,000 (Sold on 22 Aug 2024)
- The first recorded sale happened at this postcode is , 3 EGREMONT ROAD: £41,500 (Sold on 05 Jan 1995)
Terraced
- The average price is around £157,374 median price is £157,500 Standard Deviation is £82,429 with Total Sold: 651
- The Last 5 Year average price is £274,577 with Total Sold: 87
- The most recent sale happened at this postcode is , 184 MERTON ROAD: £372,000 (Sold on 12 Jul 2024)
- The first recorded sale happened at this postcode is , 20 TYDEMAN ROAD: £54,000 (Sold on 06 Jan 1995)
Flat
- The average price is around £135,949 median price is £99,000 Standard Deviation is £134,915 with Total Sold: 174
- The Last 5 Year average price is £173,853 with Total Sold: 26
- The most recent sale happened at this postcode is , 55 LONGHAM COPSE: £100,000 (Sold on 15 May 2024)
- The first recorded sale happened at this postcode is , 47 WILLOW RISE: £22,500 (Sold on 29 Mar 1996)
Detached
- The average price is around £267,281 median price is £249,972 Standard Deviation is £135,995 with Total Sold: 452
- The Last 5 Year average price is £454,748 with Total Sold: 64
- The most recent sale happened at this postcode is , 6 HORTON DOWNS: £485,000 (Sold on 01 May 2024)
- The first recorded sale happened at this postcode is , 20 FRITHWOOD CLOSE: £96,000 (Sold on 27 Jan 1995)
Other
- The average price is around £127,911 median price is £100,000 Standard Deviation is £117,036 with Total Sold: 9
- The Last 5 Year average price is £150,700 with Total Sold: 6
- The most recent sale happened at this postcode is , 52 LONGHAM COPSE: £100,000 (Sold on 23 Jun 2023)
- The first recorded sale happened at this postcode is UNIT 1, THE SPIRES DERINGWOOD PARADE: £2,000 (Sold on 30 Mar 2017)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£355,000		8
2023	£351,419	£5,032	37
2022	£359,710	£5,295	31
2021	£342,896	£4,588	50
2020	£322,356	£4,267	33
2019	£326,172	£4,670	20
2018	£316,706	£4,575	33
2017	£320,170	£3,920	22
2016	£285,672	£3,991	40
2015	£267,138	£3,692	28
2014	£243,289	£3,140	45
2013	£220,988	£3,004	44
2012	£211,450	£2,814	31
2011	£195,059	£3,023	34
2010	£222,314	£2,990	32
2009	£186,741	£2,699	37
2008	£213,295	£3,009	22
2007	£221,972	£2,842	45
2006	£204,367	£2,662	76
2005	£176,255	£2,648	37
2004	£179,208	£2,662	61
2003	£167,589	£2,282	59
2002	£141,781	£1,976	54
2001	£114,969	£1,496	44
2000	£105,877	£1,496	59
1999	£88,705	£1,312	60
1998	£80,551	£1,112	66
1997	£74,856	£1,026	55
1996	£66,459	£937	72
1995	£64,194	£950	48

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£311,286	£4,500	7
2023	£319,000	£4,816	17
2022	£286,792	£4,744	13
2021	£243,248	£4,270	22
2020	£241,885	£4,203	13
2019	£270,797	£4,248	15
2018	£274,748	£4,036	14
2017	£265,897	£4,097	20
2016	£225,310	£3,771	21
2015	£215,653	£3,359	31
2014	£184,749	£3,018	28
2013	£175,531	£2,685	16
2012	£187,861	£2,494	18
2011	£156,717	£2,515	15
2010	£170,566	£2,630	18
2009	£157,962	£2,621	13
2008	£164,050	£3,047	10
2007	£183,122	£2,749	25
2006	£160,662	£2,830	33
2005	£157,300	£2,639	20
2004	£152,705	£2,497	18
2003	£135,035	£2,317	33
2002	£111,384	£1,860	36
2001	£93,014	£1,501	28
2000	£86,397	£1,474	19
1999	£67,340	£1,212	46
1998	£64,715	£1,103	31
1997	£57,141	£931	25
1996	£53,991	£926	22
1995	£54,021	£871	24

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£100,000		1
2023	£196,528	£4,964	6
2022	£206,333	£4,048	6
2021	£136,417	£3,938	6
2020	£131,833	£3,855	3
2019	£197,250	£3,184	4
2018	£238,536	£3,910	7
2017	£267,289	£3,870	5
2016	£115,000	£3,093	3
2015	£103,375	£2,966	4
2014	£306,544	£3,405	9
2013	£200,500	£3,604	3
2012	£368,250	£3,148	6
2011	£332,650	£3,774	6
2010	£193,333	£2,927	3
2009	£121,250	£2,920	2
2008	£75,000	£3,000	1
2007	£108,231	£2,977	13
2006	£104,417	£2,744	6
2005	£102,778	£2,635	9
2004	£107,992	£2,712	7
2003	£72,062	£2,370	8
2002	£60,125	£1,868	14
2001	£54,714	£1,558	7
2000	£41,750	£1,297	9
1999	£41,167	£1,197	9
1998	£63,250	£772	4
1997	£31,950	£918	10
1996	£24,167	£884	3

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£494,000		3
2023	£443,749	£4,872	4
2022	£500,500	£4,970	10
2021	£475,933	£4,465	24
2020	£391,600	£4,023	15
2019	£443,188	£3,725	8
2018	£388,417	£4,138	12
2017	£383,941	£3,879	17
2016	£371,346	£3,751	13
2015	£336,818	£3,471	11
2014	£323,192	£3,157	13
2013	£320,692	£3,093	13
2012	£260,208	£2,416	12
2011	£312,083	£2,813	12
2010	£268,194	£2,775	18
2009	£277,000	£2,870	6
2008	£295,125	£2,363	8
2007	£308,177	£2,687	22
2006	£281,503	£2,477	24
2005	£231,438	£2,322	16
2004	£248,479	£2,422	24
2003	£220,963	£2,317	17
2002	£209,893	£2,118	24
2001	£162,818	£1,593	11
2000	£155,402	£1,539	23
1999	£123,498	£1,208	21
1998	£129,180	£1,160	26
1997	£116,261	£1,017	18
1996	£98,372	£973	16
1995	£83,432	£861	11

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£100,000	£3,846	1
2022	£20,000		1
2021	£2,200		1
2019	£260,667	£5,340	3
2017	£82,333	£3,917	3

House Type in ME15 8LP area

The most common house types in the ME15 8LP postcode area are Terraced (91), Semi-detached (29), and Detached (9).

Total	129
Terraced	91
Semi-detached	29
Detached	9
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (55), and Owned: Owns with a mortgage or loan (50).

Owned: Owns outright	55
Owned: Owns with a mortgage or loan	50
Private rented: Private landlord or letting agency	22
Private rented: Other private rented	3
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the ME15 8LP have 2 people in household (42), and 1 person in household (35).

2 people in household	42
1 person in household	35
3 people in household	24
4 people in household	21
5 people in household	7
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0