Housing Market Analysis for MERTON ROAD, ME15 8LW

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £183,562 median price is £154,248 Standard Deviation is £95,316 with Total Sold: 8
    • The Last 5 Year average price is £315,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 172 MERTON ROAD: £315,000 (Sold on 14 Dec 2020)
    • The first recorded sale happened at this postcode is 170 MERTON ROAD: £70,000 (Sold on 22 Mar 1996)
  • Terraced
    • The average price is around £282,500 median price is £282,500 Standard Deviation is £67,500 with Total Sold: 2
    • The Last 5 Year average price is £350,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 180 MERTON ROAD: £350,000 (Sold on 16 Sep 2019)
    • The first recorded sale happened at this postcode is 180 MERTON ROAD: £215,000 (Sold on 07 Dec 2012)

Sold Price Trend Over the Years:

Below table and chart gives the average ME15 8LW 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£315,000 £3,889 1
2018£300,000 £2,804 1
2016£285,000 £2,969 1
2002£154,248 £1,635 2
2000£120,000 £1,121 1
1998£70,0001
1996£70,000 £654 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£350,000 £3,669 1
2012£215,000 £2,254 1

All the Sales in the MERTON ROAD, ME15 8LW

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

AddressSold DatePrice% Change
172 MERTON ROADSemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1967-197514 Dec 2020£315,000First Sale
180 MERTON ROADTerraced, FreeholdArea: 95.4 Sq.mtrAge: 1967-197516 Sep 2019£350,00062.79%
07 Dec 2012£215,00037.82%
02 Dec 2002£155,995First Sale
170 MERTON ROADSemi-Detached, FreeholdArea: 107 Sq.mtrAge: 1967-197509 Mar 2018£300,000150.00%
24 Oct 2000£120,00071.43%
22 Mar 1996£70,000First Sale
174 MERTON ROADSemi-Detached, FreeholdArea: 96 Sq.mtrAge: 1967-197511 Mar 2016£285,000First Sale
176 MERTON ROADSemi-Detached, Freehold26 Sep 2002£152,500117.86%
17 Apr 1998£70,000First Sale

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

MERTON ROAD, ME15 8LW Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £196,125 median price is £185,000 Standard Deviation is £105,810 with Total Sold: 1,417
    • The Last 5 Year average price is £352,039 with Total Sold: 205
    • 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 £159,172 median price is £159,500 Standard Deviation is £82,530 with Total Sold: 711
    • The Last 5 Year average price is £277,131 with Total Sold: 97
    • 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)
  • Detached
    • The average price is around £277,922 median price is £263,000 Standard Deviation is £138,580 with Total Sold: 555
    • The Last 5 Year average price is £465,505 with Total Sold: 74
    • The most recent sale happened at this postcode is , 84 ASHFORD ROAD: £590,000 (Sold on 20 May 2024)
    • The first recorded sale happened at this postcode is , 3 MALLARD WAY: £97,500 (Sold on 27 Jan 1995)
  • Flat
    • The average price is around £145,894 median price is £104,000 Standard Deviation is £141,060 with Total Sold: 152
    • The Last 5 Year average price is £183,826 with Total Sold: 22
    • 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)
  • Other
    • The average price is around £170,155 median price is £208,000 Standard Deviation is £136,438 with Total Sold: 11
    • The Last 5 Year average price is £160,840 with Total Sold: 5
    • The most recent sale happened at this postcode is UNIT 3, THE SPIRES DERINGWOOD PARADE: £20,000 (Sold on 15 Nov 2022)
    • The first recorded sale happened at this postcode is UNIT A, ROSE COURT, 89 ASHFORD ROAD: £208,000 (Sold on 02 Oct 2013)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£361,90911
2023£360,244 £5,087 41
2022£369,727 £5,201 33
2021£351,160 £4,592 58
2020£333,596 £4,268 39
2019£340,802 £4,618 23
2018£325,170 £4,617 37
2017£339,350 £3,977 25
2016£285,424 £3,955 43
2015£275,510 £3,600 30
2014£250,876 £3,200 48
2013£226,698 £2,994 47
2012£213,638 £2,784 38
2011£199,671 £3,016 38
2010£225,799 £2,937 37
2009£188,766 £2,715 41
2008£218,942 £2,907 26
2007£223,856 £2,715 51
2006£204,357 £2,634 83
2005£183,069 £2,610 42
2004£183,296 £2,662 63
2003£168,819 £2,274 62
2002£143,404 £1,971 61
2001£117,036 £1,523 46
2000£107,155 £1,489 66
1999£91,197 £1,305 69
1998£81,916 £1,112 73
1997£75,622 £1,028 60
1996£67,257 £931 74
1995£65,906 £933 52
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£311,286 £4,500 7
2023£317,667 £4,761 18
2022£295,269 £4,692 16
2021£252,109 £4,203 27
2020£242,250 £4,192 14
2019£270,797 £4,248 15
2018£272,431 £4,006 15
2017£265,855 £4,075 21
2016£228,848 £3,739 23
2015£215,507 £3,341 34
2014£189,453 £3,013 32
2013£178,000 £2,695 17
2012£187,350 £2,465 20
2011£156,717 £2,515 15
2010£170,560 £2,585 20
2009£160,781 £2,568 16
2008£164,050 £3,047 10
2007£183,261 £2,758 27
2006£161,338 £2,803 35
2005£158,500 £2,604 22
2004£152,276 £2,497 17
2003£138,450 £2,272 37
2002£114,994 £1,868 39
2001£94,561 £1,502 31
2000£86,327 £1,449 20
1999£68,055 £1,202 48
1998£70,763 £1,098 33
1997£59,484 £929 30
1996£55,052 £903 25
1995£56,315 £869 27
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£507,000 £4,340 6
2023£466,666 £4,756 6
2022£557,500 £5,313 8
2021£474,663 £4,362 27
2020£403,062 £3,962 16
2019£443,682 £3,829 11
2018£392,385 £4,188 13
2017£386,435 £3,882 23
2016£392,676 £3,849 17
2015£375,353 £3,527 17
2014£336,056 £3,465 18
2013£339,389 £3,020 18
2012£274,841 £2,684 16
2011£307,244 £2,965 16
2010£275,200 £2,767 20
2009£298,723 £2,890 11
2008£302,100 £2,267 10
2007£321,255 £2,766 27
2006£280,763 £2,497 25
2005£265,875 £2,283 24
2004£255,446 £2,526 28
2003£238,799 £2,259 23
2002£218,417 £2,118 25
2001£163,733 £1,735 15
2000£161,312 £1,572 28
1999£127,346 £1,232 23
1998£125,256 £1,130 30
1997£119,532 £1,012 20
1996£96,239 £882 19
1995£94,253 £877 15
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£90,0001
2023£232,042 £4,975 4
2022£205,000 £3,935 6
2021£142,100 £3,894 5
2020£131,833 £3,855 3
2019£230,000 £2,966 3
2018£258,973 £3,790 6
2017£267,289 £3,870 5
2016£131,000 £3,043 2
2015£103,375 £2,966 4
2014£305,488 £3,351 9
2013£200,500 £3,604 3
2012£368,250 £3,148 6
2011£332,650 £3,774 6
2010£255,000 £3,148 2
2009£121,250 £2,920 2
2007£113,818 £2,939 11
2006£104,417 £2,744 6
2005£102,778 £2,635 9
2004£107,992 £2,712 7
2003£74,083 £2,256 6
2002£64,295 £1,902 11
2001£62,299 £1,636 5
2000£42,406 £1,276 8
1999£45,250 £1,168 6
1998£56,900 £843 5
1997£33,344 £912 8
1996£24,167 £884 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£20,0001
2021£2,2001
2019£260,667 £5,340 3
2018£432,500 £5,406 1
2017£106,750 £3,083 4
2013£208,0001

House Type in ME15 8LW area

The most common house types in the ME15 8LW postcode area are Semi-detached (64), Terraced (53), and Detached (16).

Total134
Semi-detached64
Terraced53
Detached16
Flat1
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (75), and Owned: Owns with a mortgage or loan (28).

Owned: Owns outright75
Owned: Owns with a mortgage or loan28
Private rented: Private landlord or letting agency26
Shared ownership: Shared ownership2
Private rented: Other private rented2
Social rented: Other social rented1
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the ME15 8LW have 1 person in household (52), and 2 people in household (48).

1 person in household52
2 people in household48
3 people in household19
4 people in household10
5 people in household5
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0