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Palace Wood

Interactive map displaying Palace Wood

Crime
LowHigh

About

Palace Wood ward lies on the southeastern edge of Maidstone town centre, bordered by the River Medway to the north and the A229 to the east. The area is primarily residential, characterised by a mix of Victorian and Edwardian terraced housing, along with some modern apartment developments. Its proximity to the town centre provides easy access to shopping and transport links, while retaining a quieter, neighbourhood atmosphere.

The ward is named for the wooded grounds of the Archbishop's Palace, a historic site along the riverbank. A notable feature is the Palace Wood itself, containing ancient sweet chestnut trees, some believed to be hundreds of years old. The area includes parts of Whatman Park, offering green space and riverside paths, and is home to several local schools, contributing to its community focus.

Area overview

On average Palace Wood has very low deprivation and very high crime levels. Approximately 4.2% of homes in this area are social housing provided by a local council or housing association. The average income per household in Palace Wood is £65,056 per year. The median sale price in Palace Wood is £423,750 (around £426 per square foot), with typical sale prices between £364,375 and £522,500. There are 2 schools in Palace Wood: 2 primary (0 Outstanding and 2 Good) and 0 secondary (0 Outstanding and 0 Good).

Crime rate
9/10
Crimes per 1k residents
N/A
Deprivation level
1/10
Income level
6/10
Social housing
4.2%
Connectivity
N/A

Property prices in Palace Wood

Median price: £423,750
Price per sq ft: £426
Sales (last 12 months): 100
Typical range (middle 50%): £364K – £523K

Based on 100 recent sales, the median property price is £423,750 (about £426 per square foot) in Palace Wood area, with individual transactions ranging from £85,500 up to £1,575,000.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in Palace Wood over the last year.
TypeSalesMedian£/sq ft
Detached30£557,500£422
Semi-Detached54£406,250£434
Terraced10£329,000£453
Flats6£245,000£320

10-year price trendmedian sale price in Palace Wood

Sale price

Ten year median sale price trend for each property type in Palace Wood.
YearDetachedFlatsSemi-DetachedTerraced
2016£422,500£160,000£297,500£240,000
2017£412,500£204,000£330,000£290,000
2018£441,500£200,000£330,000£399,950
2019£440,000£254,950£315,000£424,950
2020£460,000£256,950£371,225£399,950
2021£490,000£205,000£370,450£334,975
2022£543,975£241,000£412,950£385,000
2023£560,000£239,500£414,975£363,875
2024£537,500£252,000£418,725£348,000
2025£540,000£220,000£420,000£350,500
2026£585,000£284,000£392,500£326,500
Ten year median sale price trend for each property type in Palace Wood.

Price per sq ft

Ten year median sale price per square foot trend for each property type in Palace Wood.
YearDetachedFlatsSemi-DetachedTerraced
2016£325£291£396£364
2017£341£308£360£334
2018£351£287£384£296
2019£356£292£386£287
2020£364£291£382£300
2021£378£295£399£356
2022£410£321£452£459
2023£408£309£448£420
2024£417£344£448£451
2025£434£332£439£448
2026£416£330£457£396
Ten year median sale price per square foot trend for each property type in Palace Wood.

Price distribution by property typelast 12 months

Price distribution by property type for Palace Wood in the last year.

Council Tax Bands

Annual council tax rates for Maidstone district.

Band A£1,668
Band B£1,946
Band C£2,225
Band D£2,503
Band E£3,059
Band F£3,615
Band G£4,171
Band H£5,005

Council tax bands are based on the value of your property. Most homes fall into bands A to D.

Local government

Elected councillors for Palace Wood ward.

Local councillors

Stan Forecast

Palace Wood - Elected 2 May 2024

Conservative

Tom Cannon

Palace Wood - Elected 2 May 2024

Conservative