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House Prices in CT1

The average house price in CT1 (Canterbury) is £263,000 using HM Land Registry data.

The average property price increased by £29,862 (3.99%) over the last 5 years and increased by £5,968 (0.71%) over the last 12 months.

Over the last year, there were 274 residential property sales – a decrease of 223 transactions (-81.39%) relative to the previous year. The majority of house sales (90) were in the £238,000 - £316,000 range. Then came properties in the £160,000 - £238,000 range, where 70 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 75 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,403 (-3%).

In April 2024, there were 78 new estate agency instructions, 56 agreed home sales and 42 property price reductions.

5-Year Average Property Prices in CT1 (Canterbury)

3.99%

Property prices in Canterbury increased by 3.99% 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 CT1 (Canterbury) Over the Last Year

0.71%

Property prices in Canterbury increased by 0.71% 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 CT1 (Canterbury) - April 2024

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 CT1 (Canterbury)

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 CT1 (Canterbury)

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 CT1 (Canterbury)

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 CT1 (Canterbury) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the CT1 postcode area since 1995.

Recent Sales in CT1 (Canterbury)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
43 Old Watling Street, Canterbury, Kent, CT1 2DX	£249,995	£245,000	-£4,995	19 Oct 2023	12 Mar 2024	145 Days
2a, The Foreland, Canterbury, Kent, CT1 3NT	£625,000	£575,000	-£50,000	07 Nov 2023	05 Mar 2024	119 Days
5 St Radigunds Street, Canterbury, Kent, CT1 2AA	£700,000	£650,000	-£50,000	21 Nov 2023	12 Feb 2024	83 Days
23 Tower Way, Canterbury, Kent, CT1 2DP	£175,000	£168,250	-£6,750	09 Oct 2023	06 Feb 2024	120 Days
22 York Road, Canterbury, Kent, CT1 3TA	£175,000	£167,000	-£8,000	08 Nov 2023	25 Jan 2024	78 Days
126 Wincheap, Canterbury, Kent, CT1 3RY	£260,000	£245,000	-£15,000	30 Jan 2023	11 Jan 2024	346 Days
15 Victoria Road, Canterbury, Kent, CT1 3SQ	£360,000	£360,000	£00	30 Aug 2023	05 Jan 2024	128 Days
Flat 50, Homespire House, Knotts Lane, Canterbury, Kent, CT1 2AB	£90,000	£90,000	£00	21 Feb 2023	15 Dec 2023	297 Days
39 Ivy Lane, Canterbury, Kent, CT1 1TU	£275,000	£267,500	-£7,500	24 Aug 2023	15 Dec 2023	113 Days
Flat 24, Homespire House, Knotts Lane, Canterbury, Kent, CT1 2AB	£75,000	£68,000	-£7,000	23 May 2023	13 Dec 2023	204 Days
11 St Martins Close, Canterbury, Kent, CT1 1QG	£365,000	£352,000	-£13,000	01 Sep 2023	08 Dec 2023	98 Days
63 Barton Road, Canterbury, Kent, CT1 1YH	£350,000	£348,000	-£2,000	23 May 2023	05 Dec 2023	196 Days
7 Worthgate Place, Canterbury, Kent, CT1 2QX	£300,000	£296,000	-£4,000	19 Oct 2023	04 Dec 2023	46 Days
33 Old Watling Street, Canterbury, Kent, CT1 2DX	£180,000	£165,000	-£15,000	03 May 2023	28 Nov 2023	209 Days
13 Starle Close, Canterbury, Kent, CT1 1XE	£238,000	£235,000	-£3,000	08 Sep 2023	24 Nov 2023	77 Days
34 St Peters Place, Canterbury, Kent, CT1 2DA	£289,995	£285,000	-£4,995	24 Nov 2022	23 Nov 2023	364 Days
55 St Martins Road, Canterbury, Kent, CT1 1QP	£450,000	£450,000	£00	31 Jul 2023	21 Nov 2023	113 Days
18 Cromwell Road, Canterbury, Kent, CT1 3LD	£695,000	£694,000	-£1,000	10 Aug 2023	17 Nov 2023	99 Days
30 Old Park Avenue, Canterbury, Kent, CT1 1DL	£270,000	£250,000	-£20,000	04 Apr 2023	15 Nov 2023	225 Days
23 St Peters Grove, Canterbury, Kent, CT1 2DH	£250,000	£248,750	-£1,250	21 Jul 2023	13 Nov 2023	115 Days

Most Expensive Streets in CT1 (Canterbury)

Postcode	Street	Area	Average	No. of Sales
CT1 3NE	Ethelbert Road	Canterbury	£842,500	4
CT1 1XP	St Augustines Road	Canterbury	£805,000	3
CT1 2QU	Dane John	Canterbury	£772,333	3
CT1 2BP	St Peters Lane	Canterbury	£766,888	9
CT1 3ZB	Sharnbrook Place	Canterbury	£720,000	3
CT1 3AR	Ersham Road	Canterbury	£706,666	3
CT1 3EG	New Dover Road	Canterbury	£684,333	3
CT1 3LD	Cromwell Road	Canterbury	£660,500	3
CT1 3ES	Old Dover Road	Canterbury	£643,333	3
CT1 2AS	The Friars	Canterbury	£635,000	3

Least Expensive Streets in CT1 (Canterbury)

Postcode	Street	Area	Average	No. of Sales
CT1 1YN	Behn Hall, Parham Road	Canterbury	£72,500	4
CT1 2AB	Homespire House, Knotts Lane	Canterbury	£83,538	13
CT1 2RG	Invicta House, Rhodaus Close	Canterbury	£130,500	8
CT1 1EN	Tennyson Avenue	Canterbury	£134,600	5
CT1 2AD	Chantry Court	Canterbury	£149,000	5
CT1 3DH	Magdalen Court, Ersham Road	Canterbury	£159,400	5
CT1 2BF	Deans Mill Court, The Causeway	Canterbury	£160,666	12
CT1 2FR	Drying Shed Lane	Canterbury	£162,600	5
CT1 2NT	Mulberry Court	Canterbury	£182,300	10
CT1 2FP	Creine Mill Lane North	Canterbury	£182,666	3