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House Prices in ME6

The average house price in ME6 (Snodland) is £345,062 using HM Land Registry data.

The average property price decreased by £4,702 (-13.35%) over the last 5 years and decreased by £942 (-2.2%) over the last 12 months.

Over the last year, there were 129 residential property sales – a decrease of 37 transactions (-28.68%) relative to the previous year. The majority of house sales (29) were in the £292,000 - £338,000 range. Then came properties in the £246,000 - £292,000 range, where 28 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 79 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,187 (-1%).

In Oct 24, there were 29 new estate agency instructions, 25 agreed home sales and 18 property price reductions.

5-Year Average Property Prices in ME6 (Snodland)

13.35%

Property prices in Snodland increased by 13.35% 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 ME6 (Snodland) Over the Last Year

2.2%

Property prices in Snodland increased by 2.2% 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.

Property Market Heat Gauge for ME6 (Snodland) - 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 ME6 (Snodland)

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 ME6 (Snodland)

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 ME6 (Snodland)

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 ME6 (Snodland) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the ME6 postcode area since 1995.

Recent Sales in ME6 (Snodland)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
18 Dryland Road, Snodland, Kent, ME6 5HD	£415,000	£415,000	£00	20 Mar 2024	21 Aug 2024	154 Days
40 Nevill Road, Snodland, Kent, ME6 5HX	£335,000	£335,000	£00	09 Feb 2024	06 Aug 2024	179 Days
10 Pridmore Road, Snodland, Kent, ME6 5PR	£335,000	£330,000	-£5,000	24 May 2022	07 Jun 2024	745 Days
40 Freelands Road, Snodland, Kent, ME6 5RE	£240,000	£235,000	-£5,000	01 Dec 2023	04 Jun 2024	186 Days
5 Apple Close, Snodland, Kent, ME6 5JP	£350,000	£350,000	£00	04 Nov 2023	29 May 2024	207 Days
6 Midsummer Road, Snodland, Kent, ME6 5RP	£270,000	£260,000	-£10,000	09 Nov 2023	10 May 2024	183 Days
14 Lewis Mews, Snodland, Kent, ME6 5LN	£400,000	£390,000	-£10,000	10 Jul 2023	01 May 2024	296 Days
60 Pout Road, Snodland, Kent, ME6 5EY	£325,000	£325,000	£00	14 Dec 2023	09 Apr 2024	117 Days
58 Midsummer Road, Snodland, Kent, ME6 5RP	£210,000	£200,000	-£10,000	18 Oct 2023	02 Apr 2024	167 Days
6 Brook Lane, Snodland, Kent, ME6 5LF	£270,000	£265,000	-£5,000	10 Aug 2023	27 Mar 2024	230 Days
37 Coombe Close, Snodland, Kent, ME6 5HZ	£270,000	£253,000	-£17,000	19 Sep 2023	22 Mar 2024	185 Days
19 Lewis Mews, Snodland, Kent, ME6 5LN	£390,000	£386,000	-£4,000	13 Sep 2023	08 Mar 2024	177 Days
1 Warnett Court, Snodland, Kent, ME6 5QS	£160,000	£155,000	-£5,000	23 Nov 2023	08 Mar 2024	106 Days
44 Willowside, Snodland, Kent, ME6 5QW	£325,000	£311,500	-£13,500	23 Nov 2023	23 Feb 2024	92 Days
32 Roberts Road, Snodland, Kent, ME6 5HL	£275,000	£275,000	£00	20 Sep 2023	16 Feb 2024	149 Days
56 Lucas Road, Snodland, Kent, ME6 5PZ	£300,000	£300,000	£00	29 Sep 2023	30 Jan 2024	123 Days
197 Holborough Road, Snodland, Kent, ME6 5PD	£280,000	£272,500	-£7,500	14 Sep 2023	30 Jan 2024	138 Days
37 Taylor Road, Snodland, Kent, ME6 5HJ	£350,000	£335,000	-£15,000	12 Aug 2023	30 Jan 2024	171 Days
34 Alisander Close, Snodland, Kent, ME6 5SH	£189,500	£186,000	-£3,500	22 Aug 2023	19 Jan 2024	150 Days
49 Busbridge Road, Snodland, Kent, ME6 5NS	£340,000	£340,000	£00	03 Oct 2023	12 Jan 2024	101 Days

Most Expensive Streets in ME6 (Snodland)

Postcode	Street	Area	Average	No. of Sales
ME6 5FH	Elder Wood Close	Snodland	£561,250	4
ME6 5EH	St Katherines Lane	Snodland	£441,000	5
ME6 5FU	Matthews Close	Snodland	£423,562	20
ME6 5SU	Maccowan Avenue	Snodland	£408,333	3
ME6 5GZ	Williams Place	Snodland	£406,979	12
ME6 5FW	Ballard Road	Snodland	£404,400	5
ME6 5SS	Jefferys Lane	Snodland	£399,400	5
ME6 5GN	Amisse Drive	Snodland	£396,563	33
ME6 5LP	Hollow Lane	Snodland	£395,660	5
ME6 5EQ	Malling Road	Snodland	£393,000	5

Least Expensive Streets in ME6 (Snodland)

Postcode	Street	Area	Average	No. of Sales
ME6 5GF	Edwards Close	Snodland	£144,000	5
ME6 5QS	Warnett Court	Snodland	£177,416	6
ME6 5AL	High Street	Snodland	£209,250	4
ME6 5AN	High Street	Snodland	£210,400	5
ME6 5TA	Watts Close	Snodland	£212,750	4
ME6 5AF	High Street	Snodland	£222,333	3
ME6 5NQ	Rocfort Road	Snodland	£223,333	3
ME6 5PB	Holborough Road	Snodland	£223,409	11
ME6 5GB	Manley Boulevard	Snodland	£227,000	7
ME6 5ND	Malling Road	Snodland	£228,214	7