2 Penny Cress Gardens

    2, PENNY CRESS GARDENS, MAIDSTONE, ME16 8JP

    This detached freehold property on Penny Cress Gardens last sold in December 2023 for £540,000. Based on price growth in the ME16 district since then, its estimated current value is £561,779 — placing it in the 84th percentile nationally and the 91st percentile within ME16. The property covers 113 m² (1,216 sq ft), giving an estimated value of £4,971 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,216 sq ft

    113 m²

    Last Sale Price

    £540,000

    Dec 2023

    Estimated Valuation

    £561,779

    Est. £/sq ft

    £462/sq ft

    £4,971/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,216 sq ft (113 m²)
    EPC dateSept 2023
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Dec 2023

    £540,000

    30 Jul 2004

    £269,995

    28 Apr 2000

    New build

    £187,750

    Key Metrics

    Estimated valuation£561,779
    Value per sq ft / m²£462/sq ft (£4,971/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    ME16 district percentile91st percentile
    National percentile84th percentile

    District Context — ME16

    ME16 covers the Maidstone area and surrounding villages in central Kent. It is a mixed residential district with good transport links and a blend of town and countryside appeal.

    Average Property Price - ME16

    £358,013

    58

    National percentile

    Average Net Household Income - ME16

    £43,048

    70

    National percentile

    10-Year Annualised Price Growth - ME16

    4.2%

    71

    National percentile

    10-Year Annualised Rent Growth - ME

    4.8%

    89

    National percentile

    View full analysis for ME16

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