16, Mill Lane
16, Mill Lane
Description & Estimates
Public records show 16, Mill Lane, Maidstone to be a modern freehold house with 1,367 ft2 of internal area.
In this area, houses of this size normally have 4 bedrooms with a garden.
16, Mill Lane, Maidstone has an estimated sale value of £520,205 and an estimated rental value of £2,096 per month, assuming reasonable condition and based on the information available.
Mill Lane, Maidstone, ME14 lies in the borough of Maidstone, within the ME14 postal district.
Our Data Sources
16, Mill Lane, Maidstone has a single entry in the Land Registry from December 2024 and a single entry in the EPC database dated July 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 16, Mill Lane, Maidstone would be worth £546,216, with a potential rental value of £2,201 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £483,791, with a rental value of £1,950 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 16, Mill Lane, Maidstone has risen by £8,654 (1.7%) over the last year. During the same period, its estimated monthly rental value has moved up by £51 (2.4%). The property's estimated gross yield is currently 4.8%.
Energy Efficiency
16, Mill Lane, Maidstone has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Jul 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
16, Mill Lane, Maidstone last changed hands on 10th December 2024, selling for £510,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 12.8% since December 2024.
- Sold Dec 2024£510,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 530 metres of 16, Mill Lane, Maidstone across the last 2 years.
Most recently, 14, Mill Lane, Maidstone, ME14 1GU, a freehold house, sold at £510,000 on the 13th December 2024.
Read more about house prices in ME14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 16, Mill Lane, Maidstone as the 6th largest and the 6th most expensive of the 114 addresses on Mill Lane, Maidstone, ME14.
Against the ME14 postcode district average, it is £131k more expensive than the typical property.
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Schools Nearby
- 600mNorth Borough Junior School
- 700mBrunswick House Primary School
- 700mSt Paul's Infant School
- 400mMaidstone Grammar School for Girls
- 500mThe Maplesden Noakes School
- 1.7kmInvicta Grammar School
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Public Transport Nearby
Maidstone Barracks station is the nearest stop to 16, Mill Lane, Maidstone at 600 metres away.
- 600mMaidstone Barracks
- 600mMaidstone East
- 1.3kmMaidstone West
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
