8, Park Way
8, Park Way
Description & Estimates
According to the public record, 8, Park Way, Maidstone is an early-century freehold house with 1,323 ft2 of internal area and sits on a 554 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Park Way, Maidstone is £571,678 and the estimated rental value is £2,021 per month.
Park Way, Maidstone, ME15 is located in the borough of Maidstone within the ME15 postal district.
Our Data Sources
8, Park Way, Maidstone has 2 entries in the Land Registry , most recently in September 2023 and a single entry in the EPC database dated April 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 8, Park Way, Maidstone is in very good condition we estimate a sale value of £600,262 and a rental value of £2,122 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £531,661 and a rental value of £1,879 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 8, Park Way, Maidstone has risen by £6,654 (1.2%), while its estimated rental value has moved up by £47 per month (2.3%). Based on current estimates, the property offers a gross rental yield of 4.2%.
Plot Size
According to data from HM Land Registry, 8, Park Way, Maidstone sits on a plot of 554 m2.
We have plot size data on 18 out of 24 other houses in the postcode and 8, Park Way, Maidstone sits on the 2nd largest plot.
Energy Efficiency
8, Park Way, Maidstone has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Apr 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 8, Park Way, Maidstone was last sold on 8th September 2023 for £575,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2023, the market for similar properties has dropped by 11.0%.
- Sold Sep 2023£575,000
- Sold Dec 2009£320,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Park Way, Maidstone within a radius of 600 metres over the last 2 years.
The most recent example is 33, Holtye Crescent, Maidstone, ME15 7DB, a freehold house which sold for £490,000 on the 8th February 2023.
Read more about house prices in ME15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Park Way, Maidstone, ME15 has a total of 61 addresses. According to our analysis of all the public data, 8, Park Way, Maidstone is the 11th largest and the most expensive property on the street.
When compared to the postcode district it is £225k more expensive than the average property in ME15.
More reading links
Schools Nearby
- 300mPark Way Primary School
- 400mSouth Borough Primary School
- 1.1kmArchbishop Courtenay Primary School
- 400mMaidstone Grammar School
- 1.4kmNew Line Learning Academy
- 1.5kmValley Park School
More reading links
Public Transport Nearby
The closest station to 8, Park Way, Maidstone is Maidstone West station, which is 1.5 kilometres away.
- 1.5kmMaidstone West
- 1.9kmMaidstone East
- 2.1kmMaidstone Barracks
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
