Hythe House Prices Hythe House Prices

The average house price in Hythe is £431,750 using HM Land Registry data.

The average property price increased by £106,906 (31.51%) over the last 5 years and increased by £21,372 (5.03%) over the last 12 months.

Over the last year, there were 216 residential property sales – a decrease of 57 transactions (-26.39%) relative to the previous year. The majority of house sales (59) were in the £276,000 - £372,000 range. Then came properties in the £180,000 - £276,000 range, where 42 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 60 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-22,994 (-5%).

In Oct 24, there were 57 new estate agency instructions, 45 agreed home sales and 37 property price reductions.

5-Year Average Property Prices in Hythe

31.51%

Property prices in Hythe increased by 31.51% 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 Hythe Over the Last Year

5.03%

Property prices in Hythe increased by 5.03% 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 Hythe - 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 Hythe

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 Hythe

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 Hythe

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 Hythe since 1995

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

Recent Property Sales in Hythe

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
113 Dymchurch Road, Hythe, Kent, CT21 6JR£385,000£370,000-£15,00024 May 202406 Jun 202413 Days
36 Stade Street, Hythe, Kent, CT21 6BD£280,000£220,000-£60,00013 Jun 202324 May 2024346 Days
82 Shepherds Walk, Hythe, Kent, CT21 6PZ£400,000£390,000-£10,00025 Jan 202424 May 2024120 Days
Dunkery, Church Road, Hythe, Kent, CT21 5DP£495,000£435,000-£60,00001 Aug 202319 Apr 2024262 Days
47 Brockhill Road, Hythe, Kent, CT21 4AF£1,125,000£995,000-£130,00008 Jan 202418 Apr 2024101 Days
5 Cannongate Avenue, Hythe, Kent, CT21 5PS£575,000£565,000-£10,00027 Jul 202303 Apr 2024251 Days
34 Spanton Crescent, Hythe, Kent, CT21 4SF£450,000£430,000-£20,00018 Jan 202403 Apr 202476 Days
21 East Street, Hythe, Kent, CT21 5ND£174,950£100,000-£74,95010 Dec 201101 Apr 20244496 Days
The Hollies, London Road, Hythe, Kent, CT21 4JH£525,000£505,000-£20,00005 Oct 202328 Mar 2024175 Days
25 Romney Way, Hythe, Kent, CT21 6PL£355,000£332,500-£22,50021 Sep 202222 Mar 2024548 Days
38 Marine Parade, Hythe, Kent, CT21 6AN£1,150,000£1,100,000-£50,00009 Sep 202320 Mar 2024193 Days
5 Saxon Close, Hythe, Kent, CT21 5QS£575,000£575,000£0031 Oct 202307 Mar 2024128 Days
48 Shepherds Walk, Hythe, Kent, CT21 6PU£380,000£368,000-£12,00002 Oct 202305 Mar 2024155 Days
11 Victoria Avenue, Hythe, Kent, CT21 6JG£225,000£170,000-£55,00020 Oct 202304 Mar 2024136 Days
60 Stade Street, Hythe, Kent, CT21 6BD£345,000£320,000-£25,00007 Aug 202323 Feb 2024200 Days
40 West Parade, Hythe, Kent, CT21 6DE£429,000£408,000-£21,00010 Oct 202320 Feb 2024133 Days
9 Martins Way, Hythe, Kent, CT21 6QU£285,000£280,000-£5,00027 Oct 202319 Feb 2024115 Days
6 Ormonde Road, Hythe, Kent, CT21 6DN£325,000£309,500-£15,50001 Aug 202316 Feb 2024199 Days
6 Cannongate Avenue, Hythe, Kent, CT21 5PS£885,000£875,000-£10,00021 Jun 202316 Feb 2024240 Days
5 Napier Gardens, Hythe, Kent, CT21 6DD£525,000£475,000-£50,00024 Aug 202312 Feb 2024172 Days

Most Expensive Streets in Hythe

PostcodeStreetAreaAverageNo. of Sales
CT21 5XQCliff RoadHythe£1,144,8333
CT21 4BESt Johns RoadHythe£962,5003
CT21 5HLCastle RoadHythe£881,6663
CT21 5XECliff RoadHythe£859,3333
CT21 5XHCliff RoadHythe£778,2754
CT21 5EUHillcrest RoadHythe£763,0558
CT21 5XBSene ParkHythe£745,0836
CT21 6FAImperial GardensHythe£736,0004
CT21 5HDCastle AvenueHythe£722,5006
CT21 4BSBartholomew CloseHythe£720,6005

Least Expensive Streets in Hythe

PostcodeStreetAreaAverageNo. of Sales
CT21 5DARadcliffe CourtSir John Moore Avenue£77,4163
CT21 5BBHomepeak HouseBartholomew Street, Hythe£90,54124
CT21 6BBHanover CourtWhitegates Close£104,6663
CT21 6FEPalmer DriveHythe£114,5003
CT21 5JSBlythe CourtHythe£120,78116
CT21 5EHHillside CourtHillside Street, Hythe£170,7504
CT21 6JZLaidlawDymchurch Road£170,8333
CT21 5LQSpring HouseDental Street, Hythe£178,0003
CT21 5NGEast StreetHythe£187,59227
CT21 5JTDouglas AvenueHythe£195,4905

Explore Hythe and Neighbouring Area House Prices