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House Prices in CT6 House Prices in CT6 (Herne Bay)

The average house price in CT6 (Herne Bay) is £322,017 using HM Land Registry data.

The average property price increased by £48,997 (32.2%) over the last 5 years and increased by £9,817 (4.66%) over the last 12 months.

Over the last year, there were 410 residential property sales – a decrease of 139 transactions (-33.90%) relative to the previous year. The majority of house sales (116) were in the £298,000 - £362,000 range. Then came properties in the £234,000 - £298,000 range, where 85 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 102 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,656 (-3%).

In Oct 24, there were 126 new estate agency instructions, 80 agreed home sales and 103 property price reductions.

Nearby Postcodes: CT1, CT12, CT13, CT14, CT15, CT18, CT19, CT2, CT20, CT21, CT3, CT4, CT5, CT7, CT8, CT9, ME13, TN25, TN29

5-Year Average Property Prices in CT6 (Herne Bay)

32.2%

Property prices in Herne Bay increased by 32.2% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in CT6 (Herne Bay) Over the Last Year

4.66%

Property prices in Herne Bay increased by 4.66% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for CT6 (Herne Bay) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in CT6 (Herne Bay)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in CT6 (Herne Bay)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in CT6 (Herne Bay)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the CT6 (Herne Bay) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the CT6 postcode area since 1995.

Recent Sales in CT6 (Herne Bay)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
67 Blackburn Road, Greenhill, Herne Bay, Kent, CT6 7RG£315,000£282,000-£33,00014 Mar 202415 Aug 2024154 Days
60 The Broadway, Herne Bay, Kent, CT6 8SG£425,000£410,000-£15,00007 Jul 202314 Aug 2024404 Days
9 Reculver Road, Herne Bay, Kent, CT6 6LG£250,000£250,000£0002 Nov 202312 Aug 2024284 Days
18 Gainsborough Drive, Herne Bay, Kent, CT6 6QH£435,000£410,500-£24,50025 Sep 202308 Aug 2024318 Days
14 Epping Close, Herne Bay, Kent, CT6 7UG£440,000£425,000-£15,00005 Apr 202430 Jul 2024116 Days
94 Osborne Gardens, Herne Bay, Kent, CT6 6SE£300,000£280,000-£20,00022 Mar 202429 Jul 2024129 Days
32 Rye Walk, Herne Bay, Kent, CT6 7XD£95,000£95,000£0027 Mar 202425 Jul 2024120 Days
34 Albany Drive, Herne Bay, Kent, CT6 8PT£385,000£385,000£0012 Apr 202425 Jul 2024104 Days
60 Cornwall Road, Herne Bay, Kent, CT6 7SX£315,000£300,000-£15,00007 Dec 202324 Jul 2024230 Days
116 Poplar Drive, Herne Bay, Kent, CT6 7QB£375,000£360,000-£15,00027 Oct 202319 Jul 2024266 Days
5 Rosebery Avenue, Herne Bay, Kent, CT6 6RU£415,000£400,000-£15,00025 Aug 202317 Jul 2024327 Days
78 Douglas Road, Herne Bay, Kent, CT6 6AQ£300,000£295,000-£5,00001 Apr 202412 Jul 2024102 Days
Flat 38, Richmond Court, Richmond Street, Herne Bay, Kent, CT6 5LL£147,000£145,000-£2,00007 Nov 202308 Jul 2024244 Days
15 Rosebery Avenue, Herne Bay, Kent, CT6 6RU£425,000£417,000-£8,00029 Jan 202403 Jul 2024156 Days
14 Ford Close, Herne Bay, Kent, CT6 8AN£350,000£337,500-£12,50002 Feb 202428 Jun 2024147 Days
101 Cherry Gardens, Herne Bay, Kent, CT6 5QY£450,000£450,000£0020 Apr 202428 Jun 202469 Days
9 Lower Herne Road, Herne Bay, Kent, CT6 7NA£525,000£510,000-£15,00020 Feb 202428 Jun 2024129 Days
7a, Hillborough Drive, Herne Bay, Kent, CT6 6RB£190,000£185,000-£5,00014 Dec 202327 Jun 2024196 Days
4 Rockingham Place, Herne Bay, Kent, CT6 7UH£425,000£411,500-£13,50030 Sep 202324 Jun 2024268 Days
9 Hanover Street, Herne Bay, Kent, CT6 5RN£299,995£295,000-£4,99519 Feb 202414 Jun 2024116 Days

Most Expensive Streets in CT6 (Herne Bay)

PostcodeStreetAreaAverageNo. of Sales
CT6 8EPSpa EsplanadeHerne Bay£913,3333
CT6 6JLThe LeesHerne Bay£906,7363
CT6 8RNWestern EsplanadeHerne Bay£791,6663
CT6 8RLWestern EsplanadeHerne Bay£730,0003
CT6 7LJBusheyfields RoadHerne Bay£711,6663
CT6 7AYBroomfield RoadHerne Bay£708,3333
CT6 5HJCanterbury RoadHerne Bay£665,8333
CT6 7NLBullockstone RoadHerne Bay£660,0003
CT6 7RYThornden Wood RoadHerne Bay£651,6666
CT6 7BABroomfield RoadHerne Bay£640,3754

Least Expensive Streets in CT6 (Herne Bay)

PostcodeStreetAreaAverageNo. of Sales
CT6 5LBCavendish Court, High Street, Herne BayHerne Bay£100,0717
CT6 5QAStation RoadHerne Bay£106,3829
CT6 5LJHigh StreetHerne Bay£108,3333
CT6 5FAHeath GroveHerne Bay£110,3336
CT6 5RLOakland CourtHerne Bay£114,79512
CT6 5DUMortimer StreetHerne Bay£122,0003
CT6 5RPParkside Court, Kings RoadHerne Bay£141,73517
CT6 6DNCecil CourtHerne Bay£149,0003
CT6 5LHHigh StreetHerne Bay£160,5559
CT6 5PWBrian Roberts House, Beach Street, Herne BayHerne Bay£163,2598

Explore CT6 (Herne Bay) using map

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