3B, Mulberry Place
3B, Mulberry Place
Description & Estimates
Public records show 3B, Mulberry Place, Maidstone to be a modern freehold house with 893 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
3B, Mulberry Place, Maidstone has an estimated sale value of £433,776 and an estimated rental value of £1,690 per month, assuming reasonable condition and based on the information available.
Mulberry Place, Maidstone, ME15 lies in the borough of Maidstone, within the ME15 postal district.
Our Data Sources
3B, Mulberry Place, Maidstone has a single entry in the Land Registry from November 2022 and a single entry in the EPC database dated October 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 3B, Mulberry Place, Maidstone would be worth £455,465, with a potential rental value of £1,775 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £403,412, with a rental value of £1,572 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 3B, Mulberry Place, Maidstone has risen by £3,435 (0.8%) over the last year. During the same period, its estimated monthly rental value has moved up by £35 (2.1%). The property's estimated gross yield is currently 4.7%.
Energy Efficiency
3B, Mulberry Place, Maidstone has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Oct 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, radiators, electric.
Sold Prices
3B, Mulberry Place, Maidstone last changed hands on 18th November 2022, selling for £392,500. 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 dropped by 16.5% since November 2022.
- Sold Nov 2022£392,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 640 metres of 3B, Mulberry Place, Maidstone across the last 2 years.
Most recently, 44, Marion Crescent, Maidstone, ME15 7DY, a freehold house, sold at £410,000 on the 16th September 2024.
Read more about house prices in ME15.
•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 3B, Mulberry Place, Maidstone as the 4th largest and the 4th most expensive of the 11 addresses on Mulberry Place, Maidstone, ME15.
Against the ME15 postcode district average, it is £87k more expensive than the typical property.
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Schools Nearby
- 200mPark Way Primary School
- 700mSouth Borough Primary School
- 1.0kmLeigh Academy Oaks
- 800mMaidstone Grammar School
- 1.1kmNew Line Learning Academy
- 1.7kmValley Park School
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Public Transport Nearby
Maidstone West station is the nearest stop to 3B, Mulberry Place, Maidstone at 1.8 kilometres away.
- 1.8kmMaidstone West
- 2.3kmMaidstone East
- 2.5kmMaidstone Barracks
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
