49, Palmar Road
49, Palmar Road
Description & Estimates
49, Palmar Road, Maidstone is recorded publicly as an early-century freehold house across 947 ft2 of internal area, sitting on a 538 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 49, Palmar Road, Maidstone is £415,474 and its rental estimate is £1,664 per month, given the available information and assuming reasonable condition.
Palmar Road, Maidstone, ME16 falls within the ME16 postal district, in the borough of Maidstone.
Our Data Sources
49, Palmar Road, Maidstone has a single entry in the Land Registry from January 2024 and a single entry in the EPC database dated October 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 49, Palmar Road, Maidstone, we estimate a market value of £436,248 and a rental value of £1,747 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £386,391 and £1,548 per month respectively.
Recent Market Change
Over the last year, 49, Palmar Road, Maidstone has seen its estimated sale value rise by £5,335 (1.3%) and its estimated rental value move up by £38 per month (2.3%). This results in an estimated gross rental yield of 4.8%.
Plot Size
HM Land Registry records the plot of land for 49, Palmar Road, Maidstone as measuring 538 m2.
That makes it the 12th largest plot in the postcode, where all 28 other houses have recorded plot data.
Energy Efficiency
49, Palmar Road, Maidstone has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Oct 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 49, Palmar Road, Maidstone completed on 3rd January 2024 at £370,000 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 dropped by 4.4% over the period since January 2024.
- Sold Jan 2024£370,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 49, Palmar Road, Maidstone have sold within a radius of 680 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th September 2024, was 30, Palmar Road, Maidstone, ME16 0DN, a freehold house which sold for £436,000.
Read more about house prices in ME16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 51 addresses on Palmar Road, Maidstone, ME16, 49, Palmar Road, Maidstone comes out as the 40th largest and the 39th most expensive in our analysis of the public data.
It is also £65k more expensive than the average property across the ME16 district.
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Schools Nearby
- 700mPalace Wood Primary School
- 700mBrunswick House Primary School
- 800mAllington Primary School
- 500mThe Maplesden Noakes School
- 600mMaidstone Grammar School for Girls
- 1.3kmSt Simon Stock Catholic School
More reading links
Public Transport Nearby
From 49, Palmar Road, Maidstone, the nearest station is Maidstone Barracks, 900 metres away.
- 900mMaidstone Barracks
- 1.3kmMaidstone East
- 1.6kmMaidstone West
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
