5, Rag Walk
5, Rag Walk
Description & Estimates
5, Rag Walk, Maidstone is recorded publicly as a modern freehold house across 1,011 ft2 of internal area, sitting on a 173 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 5, Rag Walk, Maidstone is £420,002 and its rental estimate is £1,825 per month, given the available information and assuming reasonable condition.
Rag Walk, Maidstone, ME14 falls within the ME14 postal district, in the borough of Maidstone.
Our Data Sources
5, Rag Walk, Maidstone has a single entry in the Land Registry from November 2021 and a single entry in the EPC database dated October 2021.
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 5, Rag Walk, Maidstone, we estimate a market value of £441,002 and a rental value of £1,916 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £390,602 and £1,697 per month respectively.
Recent Market Change
Over the last year, 5, Rag Walk, Maidstone has seen its estimated sale value grow by £3,186 (0.8%) and its estimated rental value climb by £36 per month (2.0%). This results in an estimated gross rental yield of 5.2%.
Plot Size
HM Land Registry records the plot of land for 5, Rag Walk, Maidstone as measuring 173 m2.
That makes it the largest plot in the postcode, where all 6 other houses have recorded plot data.
Energy Efficiency
5, Rag Walk, Maidstone has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Oct 2021.
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 5, Rag Walk, Maidstone completed on 19th November 2021 at £414,995 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 33.7% over the period since November 2021.
- Sold Nov 2021£414,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Rag Walk, Maidstone have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th November 2021, was 6, Rag Walk, Maidstone, ME14 1HZ, a freehold house which sold for £414,995.
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 6 addresses on Rag Walk, Maidstone, ME14, 5, Rag Walk, Maidstone comes out as the 6th largest and the 6th most expensive in our analysis of the public data.
It is also £31k more expensive than the average property across the ME14 district.
More reading links
Schools Nearby
- 600mNorth Borough Junior School
- 700mBrunswick House Primary School
- 700mSt Paul's Infant School
- 400mMaidstone Grammar School for Girls
- 500mThe Maplesden Noakes School
- 1.6kmInvicta Grammar School
More reading links
Public Transport Nearby
From 5, Rag Walk, 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.
