Housing Market Analysis for PENNINE WAY, ME15 8UG

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £266,293 median price is £257,000 Standard Deviation is £87,111 with Total Sold: 15
- The Last 5 Year average price is £440,000 with Total Sold: 1
- The most recent sale happened at this postcode is 54 PENNINE WAY: £440,000 (Sold on 26 Jan 2024)
- The first recorded sale happened at this postcode is 54 PENNINE WAY: £81,000 (Sold on 02 Sep 1996)
Detached
- The average price is around £268,000 median price is £270,000 Standard Deviation is £97,371 with Total Sold: 19
- The Last 5 Year average price is £407,833 with Total Sold: 3
- The most recent sale happened at this postcode is 28 PENNINE WAY: £408,500 (Sold on 25 Oct 2021)
- The first recorded sale happened at this postcode is 26 PENNINE WAY: £460,000 (Sold on 01 Feb 2024)
Terraced
- The average price is around £199,000 median price is £199,000 Standard Deviation is £96,000 with Total Sold: 2
- The most recent sale happened at this postcode is 4 PENNINE WAY: £295,000 (Sold on 12 Jun 2014)
- The first recorded sale happened at this postcode is 6 PENNINE WAY: £103,000 (Sold on 30 Mar 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average ME15 8UG 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£440,000		1
2017	£375,000	£3,713	1
2015	£339,950	£3,366	1
2014	£330,000	£3,061	1
2011	£249,000	£2,465	1
2010	£250,000	£1,875	1
2009	£265,000	£1,992	1
2007	£295,000	£2,382	2
2006	£249,950	£2,631	1
2005	£252,250	£2,120	2
2002	£195,000	£1,602	1
1998	£125,000	£1,157	1
1996	£81,000	£853	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£408,500	£3,647	1
2019	£355,000	£3,198	1
2017	£309,000	£2,727	2
2014	£295,000	£2,539	2
2013	£305,000	£2,778	2
2010	£270,750	£2,475	2
2008	£317,500		1
2005	£250,000		1
2004	£265,000		1
2001	£175,000		1
1999	£137,000		1
1998	£133,000	£1,234	1
1997	£124,000	£1,170	1
1996	£107,500		1
2024	£460,000	£4,340	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2014	£295,000		1
1995	£103,000		1

All the Sales in the PENNINE WAY, ME15 8UG

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

Address	Sold Date	Price	% Change
54 PENNINE WAYSemi-Detached, Freehold	26 Jan 2024	£440,000	76.04%
	12 Oct 2006	£249,950	208.58%
	02 Sep 1996	£81,000	First Sale
28 PENNINE WAYDetached, FreeholdArea: 112 Sq.mtrAge: 1983-1990	25 Oct 2021	£408,500	First Sale
12 PENNINE WAYDetached, FreeholdArea: 111 Sq.mtrAge: 1976-1982	01 Apr 2019	£355,000	First Sale
24 PENNINE WAYDetached, FreeholdArea: 116.6 Sq.mtrAge: 1983-1990	07 Apr 2017	£392,000	First Sale
36 PENNINE WAYSemi-Detached, FreeholdArea: 101 Sq.mtrAge: 1983-1990	07 Feb 2017	£375,000	50.60%
	01 Nov 2011	£249,000	First Sale
40 PENNINE WAYDetached, FreeholdArea: 108 Sq.mtrAge: 1983-1990	30 Jan 2017	£226,000	-24.67%
	17 Jun 2013	£300,000	16.73%
	14 Nov 2005	£257,000	105.60%
	27 Feb 1998	£125,000	First Sale
46 PENNINE WAYSemi-Detached, FreeholdArea: 101 Sq.mtrAge: 1983-1990	17 Sep 2015	£339,950	First Sale
34 PENNINE WAYSemi-Detached, FreeholdArea: 107.8 Sq.mtrAge: 1983-1990	07 Oct 2014	£330,000	21.55%
	20 Jan 2010	£271,500	104.14%
	19 Jun 1998	£133,000	First Sale
16 PENNINE WAYDetached, FreeholdArea: 121 Sq.mtrAge: 1983-1990	01 Aug 2014	£320,000	First Sale
4 PENNINE WAYTerraced, Freehold	12 Jun 2014	£295,000	-1.67%
4 PENNINE WAYTerraced, Freehold	18 Dec 2007	£300,000	First Sale
42 PENNINE WAYDetached, FreeholdArea: 111 Sq.mtrAge: 1976-1982	07 May 2014	£270,000	First Sale
20 PENNINE WAYDetached, Freehold	14 Jun 2013	£310,000	-2.36%
20 PENNINE WAYDetached, Freehold	13 Jun 2008	£317,500	First Sale
2 PENNINE WAYDetached, FreeholdArea: 111.04 Sq.mtrAge: 1983-1990	26 Aug 2010	£270,000	First Sale
32 PENNINE WAYSemi-Detached, FreeholdArea: 133.35 Sq.mtrAge: 1983-1990	06 Aug 2010	£250,000	First Sale
30 PENNINE WAYSemi-Detached, FreeholdArea: 133 Sq.mtrAge: 1983-1990	04 Sep 2009	£265,000	7.07%
	16 May 2005	£247,500	First Sale
44 PENNINE WAYSemi-Detached, FreeholdArea: 121.75 Sq.mtrAge: 1983-1990	18 Oct 2007	£290,000	48.72%
	21 May 2002	£195,000	First Sale
38 PENNINE WAYDetached, Freehold	07 Nov 2005	£250,000	42.86%
	13 Dec 2001	£175,000	27.74%
	17 Jun 1999	£137,000	First Sale
50 PENNINE WAYDetached, Freehold	28 May 2004	£265,000	First Sale
26 PENNINE WAYDetached, FreeholdArea: 106 Sq.mtrAge: 1996-2002	08 Oct 1997	£124,000	-73.04%
	01 Feb 2024	£460,000	First Sale
18 PENNINE WAYDetached, Freehold	17 May 1996	£107,500	First Sale
6 PENNINE WAYTerraced, Freehold	30 Mar 1995	£103,000	First Sale

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

PENNINE WAY, ME15 8UG Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £172,885 median price is £167,000 Standard Deviation is £90,474 with Total Sold: 1,183
- The Last 5 Year average price is £314,839 with Total Sold: 152
- 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)
Flat
- The average price is around £84,762 median price is £86,000 Standard Deviation is £39,338 with Total Sold: 235
- The Last 5 Year average price is £130,212 with Total Sold: 34
- The most recent sale happened at this postcode is , 46 MURRAIN DRIVE: £170,000 (Sold on 31 Jul 2024)
- The first recorded sale happened at this postcode is , 54 MURRAIN DRIVE: £40,000 (Sold on 10 Feb 1995)
Detached
- The average price is around £265,868 median price is £249,995 Standard Deviation is £129,552 with Total Sold: 630
- The Last 5 Year average price is £475,476 with Total Sold: 64
- 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)
Terraced
- The average price is around £153,326 median price is £155,000 Standard Deviation is £76,441 with Total Sold: 621
- The Last 5 Year average price is £262,714 with Total Sold: 82
- The most recent sale happened at this postcode is , 96 MERTON ROAD: £305,000 (Sold on 03 May 2024)
- The first recorded sale happened at this postcode is , 55 WILLOW RISE: £52,500 (Sold on 03 Feb 1995)
Other
- The average price is around £111,356 median price is £100,000 Standard Deviation is £104,184 with Total Sold: 9
- The Last 5 Year average price is £124,840 with Total Sold: 5
- 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	£352,091		11
2023	£335,000	£5,096	30
2022	£324,938	£5,262	28
2021	£309,635	£4,499	47
2020	£291,571	£4,162	21
2019	£277,233	£4,409	15
2018	£293,789	£4,226	31
2017	£297,083	£4,075	27
2016	£267,769	£4,014	36
2015	£247,802	£3,539	28
2014	£218,186	£3,122	39
2013	£207,167	£2,947	30
2012	£201,766	£2,687	29
2011	£184,010	£2,810	25
2010	£194,845	£2,894	29
2009	£169,787	£2,723	26
2008	£205,214	£2,963	21
2007	£201,607	£2,826	43
2006	£181,500	£2,737	72
2005	£169,924	£2,624	34
2004	£168,553	£2,694	44
2003	£155,798	£2,343	60
2002	£130,763	£1,983	56
2001	£104,252	£1,628	41
2000	£99,449	£1,509	54
1999	£84,727	£1,312	75
1998	£77,245	£1,165	73
1997	£68,390	£1,044	61
1996	£63,456	£951	57
1995	£59,548	£938	40

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£119,888		4
2023	£127,361	£4,340	6
2022	£132,286	£4,233	7
2021	£142,643	£3,987	7
2020	£136,667	£3,704	6
2019	£109,750	£3,137	4
2018	£133,012	£3,660	7
2017	£129,699	£3,967	5
2016	£115,000	£3,093	3
2015	£109,700	£3,015	5
2014	£104,312	£2,954	8
2013	£93,125	£2,606	4
2012	£95,250	£2,069	2
2011	£112,667	£2,560	3
2010	£77,833	£2,958	3
2009	£112,500	£2,700	3
2008	£75,000	£3,000	1
2007	£110,667	£3,022	15
2006	£104,188	£2,838	8
2005	£104,409	£2,952	11
2004	£108,916	£2,749	9
2003	£84,689	£2,471	18
2002	£64,920	£2,086	22
2001	£55,999	£1,586	8
2000	£46,958	£1,528	18
1999	£42,142	£1,193	14
1998	£36,786	£804	7
1997	£34,600	£992	15
1996	£31,056	£923	9
1995	£41,083	£1,076	3

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£529,500	£4,705	6
2023	£501,686	£4,800	8
2022	£478,409	£5,062	11
2021	£502,917	£4,115	18
2020	£441,786	£3,770	14
2019	£391,429	£3,798	7
2018	£408,429	£4,245	7
2017	£432,534	£4,159	22
2016	£390,579	£3,871	19
2015	£363,000	£3,408	17
2014	£325,889	£3,382	18
2013	£328,083	£3,038	12
2012	£287,798	£2,754	20
2011	£304,146	£3,010	13
2010	£280,967	£2,794	23
2009	£304,469	£2,697	16
2008	£321,633	£2,790	15
2007	£312,526	£2,603	15
2006	£302,561	£2,491	34
2005	£284,333	£2,510	27
2004	£250,865	£2,458	26
2003	£226,232	£2,268	23
2002	£226,041	£1,989	27
2001	£185,016	£1,749	25
2000	£196,679	£1,536	72
1999	£148,952	£1,386	52
1998	£115,649	£1,051	25
1997	£103,158	£1,035	20
1996	£89,335	£932	24
1995	£94,125	£847	14

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£321,250	£4,933	4
2023	£289,339	£5,061	15
2022	£289,636	£4,658	11
2021	£249,748	£4,189	24
2020	£225,458	£4,347	12
2019	£252,000	£4,225	16
2018	£261,664	£4,267	12
2017	£262,611	£4,312	13
2016	£242,650	£3,852	20
2015	£211,090	£3,402	25
2014	£188,814	£3,194	27
2013	£166,462	£2,932	13
2012	£163,907	£2,545	14
2011	£148,125	£2,558	10
2010	£165,258	£2,598	18
2009	£171,296	£2,617	15
2008	£175,950	£3,190	10
2007	£176,022	£2,968	24
2006	£162,961	£2,825	35
2005	£157,200	£2,645	20
2004	£151,036	£2,576	19
2003	£136,242	£2,343	32
2002	£118,123	£1,878	39
2001	£101,040	£1,588	23
2000	£94,649	£1,462	23
1999	£69,433	£1,261	44
1998	£71,444	£1,121	28
1997	£59,825	£973	31
1996	£52,215	£949	29
1995	£54,253	£853	15

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	£251,000	£6,303	2
2018	£131,000	£4,367	1
2017	£82,333	£3,917	3

House Type in ME15 8UG area

The most common house types in the ME15 8UG postcode area are Detached (69), Semi-detached (29), and Terraced (14).

Total	120
Detached	69
Semi-detached	29
Terraced	14
Flat	6
Shared house	2
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 with a mortgage or loan (59), and Owned: Owns outright (37).

Owned: Owns with a mortgage or loan	59
Owned: Owns outright	37
Private rented: Private landlord or letting agency	23
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the ME15 8UG have 2 people in household (40), and 4 people in household (25).

2 people in household	40
4 people in household	25
1 person in household	24
3 people in household	19
5 people in household	8
6 people in household	3
8 or more people in household	1
0 people in household	0
7 people in household	0