Housing Market Analysis for MERTON ROAD, ME15 8LT

Are you looking to understand ME15 8LT 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 8LT area, explore the ME15 8LT Area information page.
For comprehensive crime statistics in the ME15 8LT area, explore the ME15 8LT Crime Rates page.

Overview of Sold House prices

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

  • Terraced
    • The average price is around £170,482 median price is £185,250 Standard Deviation is £87,381 with Total Sold: 22
    • The Last 5 Year average price is £271,417 with Total Sold: 6
    • The most recent sale happened at this postcode is 135 MERTON ROAD: £290,000 (Sold on 30 May 2023)
    • The first recorded sale happened at this postcode is 125 MERTON ROAD: £54,500 (Sold on 08 Dec 1995)
  • Semi-Detached
    • The average price is around £142,249 median price is £133,000 Standard Deviation is £65,497 with Total Sold: 4
    • The Last 5 Year average price is £240,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 143 MERTON ROAD: £240,000 (Sold on 24 Sep 2019)
    • The first recorded sale happened at this postcode is 143 MERTON ROAD: £62,995 (Sold on 27 Aug 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average ME15 8LT 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£290,000 £4,833 1
2022£310,250 £5,055 2
2021£235,000 £3,790 1
2020£245,000 £4,083 1
2019£238,000 £3,967 1
2017£235,000 £3,787 2
2015£212,167 £3,164 3
2013£166,000 £2,635 1
2007£168,500 £2,675 1
2002£114,972 £1,855 2
2001£79,000 £1,317 1
1999£66,500 £1,090 1
1998£67,000 £1,016 2
1997£58,574 £936 2
1995£54,500 £893 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£240,000 £4,000 1
2011£157,000 £2,665 1
2002£109,000 £1,817 1
1998£62,995 £1,050 1

All the Sales in the MERTON ROAD, ME15 8LT

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

AddressSold DatePrice% Change
135 MERTON ROADTerraced, FreeholdArea: 60 Sq.mtrAge: 1967-197530 May 2023£290,000267.09%
23 Mar 2001£79,000First Sale
149 MERTON ROADTerraced, FreeholdArea: 63 Sq.mtrAge: 1967-197520 Oct 2022£293,00017.20%
27 Jun 2017£250,00050.60%
02 Aug 2013£166,000-1.48%
30 Mar 2007£168,50046.59%
09 Aug 2002£114,95079.61%
04 Dec 1998£64,000First Sale
147 MERTON ROADTerraced, FreeholdArea: 60 Sq.mtrAge: 1967-197528 Sep 2022£327,50037.61%
30 Sep 2019£238,000323.87%
29 Jan 1997£56,149First Sale
127 MERTON ROADTerraced, FreeholdArea: 62 Sq.mtrAge: 1967-197512 Mar 2021£235,000First Sale
145 MERTON ROADTerraced, FreeholdArea: 60 Sq.mtrAge: 1967-197517 Jan 2020£245,000First Sale
143 MERTON ROADSemi-Detached, FreeholdArea: 60 Sq.mtrAge: 1967-197524 Sep 2019£240,000280.98%
27 Aug 1998£62,995First Sale
125 MERTON ROADTerraced, FreeholdArea: 61 Sq.mtrAge: 1967-197525 Jan 2017£220,0008.91%
13 Jan 2015£202,00075.66%
19 Jul 2002£114,99572.92%
25 Jun 1999£66,50022.02%
08 Dec 1995£54,500First Sale
119 MERTON ROADTerraced, FreeholdArea: 83 Sq.mtrAge: 1967-197502 Sep 2015£229,500First Sale
141 MERTON ROADTerraced, FreeholdArea: 60 Sq.mtrAge: 1976-198221 May 2015£205,00088.07%
16 Aug 2002£109,000First Sale
133 MERTON ROADSemi-Detached, FreeholdArea: 58.92 Sq.mtrAge: 1967-197514 Oct 2011£157,000First Sale
151 MERTON ROADTerraced, Freehold17 Nov 1998£70,000First Sale
131 MERTON ROADTerraced, Freehold08 Sep 1997£61,000First Sale

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

MERTON ROAD, ME15 8LT Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the ME15 8LT 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 8LT postcode.

  • Semi-Detached
    • The average price is around £184,238 median price is £178,000 Standard Deviation is £95,099 with Total Sold: 1,191
    • The Last 5 Year average price is £329,768 with Total Sold: 168
    • 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 £157,282 median price is £157,500 Standard Deviation is £82,367 with Total Sold: 654
    • 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 £129,623 median price is £90,000 Standard Deviation is £130,085 with Total Sold: 183
    • The Last 5 Year average price is £168,934 with Total Sold: 28
    • The most recent sale happened at this postcode is , 8 ELLENSWOOD CLOSE: £90,000 (Sold on 16 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 £255,388 median price is £247,250 Standard Deviation is £122,716 with Total Sold: 436
    • The Last 5 Year average price is £434,413 with Total Sold: 59
    • The most recent sale happened at this postcode is , 8 MALLARD WAY: £510,000 (Sold on 15 May 2024)
    • The first recorded sale happened at this postcode is , 3 MALLARD WAY: £97,500 (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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£345,2508
2023£341,621 £5,062 37
2022£342,655 £5,249 29
2021£324,909 £4,586 46
2020£312,853 £4,278 29
2019£318,076 £4,686 19
2018£301,769 £4,654 29
2017£307,938 £4,000 20
2016£275,521 £4,006 42
2015£259,154 £3,709 24
2014£227,757 £3,244 41
2013£214,621 £2,985 39
2012£206,815 £2,823 31
2011£192,328 £3,028 35
2010£206,702 £3,042 27
2009£181,511 £2,727 35
2008£213,214 £2,864 21
2007£205,893 £2,931 40
2006£196,351 £2,641 69
2005£172,318 £2,671 36
2004£174,111 £2,707 53
2003£167,454 £2,287 58
2002£135,849 £2,013 48
2001£110,531 £1,504 38
2000£103,437 £1,471 59
1999£86,919 £1,296 58
1998£78,465 £1,134 61
1997£71,429 £1,037 51
1996£64,777 £955 65
1995£61,158 £961 43
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
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£162,893 £2,651 14
2008£164,050 £3,047 10
2007£182,602 £2,848 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£112,103 £1,849 37
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£57,249 £939 26
1996£53,991 £926 22
1995£54,021 £871 24
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£95,0002
2023£196,528 £4,964 6
2022£194,000 £4,105 7
2021£136,417 £3,938 6
2020£131,833 £3,855 3
2019£197,250 £3,184 4
2018£221,386 £3,890 8
2017£210,986 £3,919 4
2016£115,000 £3,093 3
2015£103,375 £2,966 4
2014£282,440 £3,307 10
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£71,833 £2,402 9
2002£59,456 £1,922 17
2001£54,714 £1,558 7
2000£41,475 £1,311 10
1999£41,167 £1,197 9
1998£32,375 £764 4
1997£31,500 £930 11
1996£24,167 £884 3
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£498,0004
2023£439,999 £4,756 5
2022£461,667 £5,017 9
2021£438,120 £4,432 20
2020£396,679 £3,974 14
2019£423,929 £3,751 7
2018£365,400 £4,134 10
2017£380,200 £3,941 15
2016£363,036 £3,788 14
2015£334,545 £3,364 11
2014£322,615 £3,226 13
2013£275,900 £3,305 10
2012£272,704 £2,599 12
2011£256,600 £2,906 10
2010£266,389 £2,798 18
2009£273,143 £2,772 7
2008£290,556 £2,441 9
2007£300,155 £2,510 19
2006£269,912 £2,558 22
2005£225,867 £2,296 15
2004£249,461 £2,435 26
2003£211,905 £2,305 17
2002£207,724 £2,136 22
2001£162,818 £1,593 11
2000£154,090 £1,558 25
1999£126,192 £1,240 18
1998£126,529 £1,218 24
1997£113,571 £1,046 17
1996£92,669 £904 18
1995£89,161 £880 14
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£100,000 £3,846 1
2022£20,0001
2021£2,2001
2019£260,667 £5,340 3
2017£82,333 £3,917 3

House Type in ME15 8LT area

The most common house types in the ME15 8LT postcode area are Terraced (101), Semi-detached (21), and Detached (9).

Total134
Terraced101
Semi-detached21
Detached9
Flat1
Shared house1
converted building1
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (50), and Private rented: Private landlord or letting agency (41).

Owned: Owns outright50
Private rented: Private landlord or letting agency41
Owned: Owns with a mortgage or loan38
Shared ownership: Shared ownership4
Social rented: Rents from council or Local Authority1
Social rented: Other social rented1
Private rented: Other private rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the ME15 8LT have 2 people in household (51), and 1 person in household (41).

2 people in household51
1 person in household41
3 people in household24
4 people in household15
5 people in household4
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0