20, Mill Lane
20, Mill Lane
Description & Estimates
20, Mill Lane, Maidstone is recorded publicly as a modern freehold house across 1,367 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 20, Mill Lane, Maidstone is £520,205 and its rental estimate is £2,096 per month, given the available information and assuming reasonable condition.
Mill Lane, Maidstone, ME14 falls within the ME14 postal district, in the borough of Maidstone.
Our Data Sources
20, Mill Lane, Maidstone has a single entry in the Land Registry from June 2024 and a single entry in the EPC database dated June 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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 20, Mill Lane, Maidstone, we estimate a market value of £546,216 and a rental value of £2,201 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £483,791 and £1,950 per month respectively.
Recent Market Change
Over the last year, 20, Mill Lane, Maidstone has seen its estimated sale value climb by £8,654 (1.7%) and its estimated rental value rise by £51 per month (2.4%). This results in an estimated gross rental yield of 4.8%.
Energy Efficiency
20, Mill Lane, Maidstone has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Jun 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
The most recent sale of 20, Mill Lane, Maidstone completed on 28th June 2024 at £510,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 14.1% over the period since June 2024.
- Sold Jun 2024£510,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 20, Mill Lane, Maidstone have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th December 2024, was 14, Mill Lane, Maidstone, ME14 1GU, a freehold house which sold for £510,000.
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
Of the 114 addresses on Mill Lane, Maidstone, ME14, 20, Mill Lane, Maidstone comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £131k more expensive than the average property across the ME14 district.
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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
From 20, Mill Lane, Maidstone, the nearest station is Maidstone Barracks, 600 metres away.
- 600mMaidstone Barracks
- 600mMaidstone East
- 1.3kmMaidstone West
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
