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House Prices in DA12

The average house price in DA12 (Gravesend) is £337,307 using HM Land Registry data.

The average property price increased by £85,181 (13.81%) over the last 5 years and increased by £17,025 (2.27%) over the last 12 months.

Over the last year, there were 341 residential property sales – a decrease of 201 transactions (-58.94%) relative to the previous year. The majority of house sales (94) were in the £320,000 - £380,000 range. Then came properties in the £260,000 - £320,000 range, where 75 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 59 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,581 (-2%).

In April 2024, there were 68 new estate agency instructions, 46 agreed home sales and 22 property price reductions.

5-Year Average Property Prices in DA12 (Gravesend)

13.81%

Property prices in Gravesend increased by 13.81% 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 DA12 (Gravesend) Over the Last Year

2.27%

Property prices in Gravesend increased by 2.27% 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 DA12 (Gravesend) - 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 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 DA12 (Gravesend)

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 DA12 (Gravesend)

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 DA12 (Gravesend)

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 DA12 (Gravesend) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the DA12 postcode area since 1995.

Recent Sales in DA12 (Gravesend)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
56 Medhurst Crescent, Gravesend, Kent, DA12 4HQ	£325,000	£325,000	£00	12 Sep 2023	05 Feb 2024	146 Days
14 Sun Lane, Gravesend, Kent, DA12 5HG	£450,000	£450,000	£00	26 Sep 2023	22 Jan 2024	118 Days
27 Hillside Avenue, Gravesend, Kent, DA12 5QW	£425,000	£400,000	-£25,000	13 Sep 2023	16 Jan 2024	125 Days
12 Ascot Road, Gravesend, Kent, DA12 5AL	£325,000	£323,000	-£2,000	05 Jul 2023	04 Jan 2024	183 Days
402 Valley Drive, Gravesend, Kent, DA12 5UF	£250,000	£250,000	£00	10 Feb 2023	21 Dec 2023	314 Days
78 St Benedicts Avenue, Gravesend, Kent, DA12 4ET	£165,000	£160,000	-£5,000	10 Jul 2023	20 Dec 2023	163 Days
9 Shrubbery Road, Gravesend, Kent, DA12 1JW	£425,000	£418,000	-£7,000	14 Aug 2023	15 Dec 2023	123 Days
23 Vanessa Walk, Gravesend, Kent, DA12 4PL	£400,000	£400,000	£00	07 Jul 2023	15 Dec 2023	161 Days
2 Dobson Road, Gravesend, Kent, DA12 5TE	£395,000	£377,000	-£18,000	07 Aug 2023	14 Dec 2023	129 Days
11 Cross Lane East, Gravesend, Kent, DA12 5HD	£325,000	£315,500	-£9,500	29 May 2023	30 Nov 2023	185 Days
84 Leander Drive, Gravesend, Kent, DA12 4NE	£375,000	£366,000	-£9,000	17 Apr 2023	30 Nov 2023	227 Days
Flat 55, Nelson Court, Glen View, Gravesend, Kent, DA12 1PL	£135,000	£90,000	-£45,000	10 Feb 2023	24 Nov 2023	287 Days
6 Kelso Drive, Gravesend, Kent, DA12 4NR	£425,000	£425,000	£00	15 Sep 2023	17 Nov 2023	63 Days
Flat 17, Nelson Court, Glen View, Gravesend, Kent, DA12 1PL	£149,000	£95,000	-£54,000	18 Oct 2018	16 Nov 2023	1855 Days
16 The Drive, Gravesend, Kent, DA12 4BZ	£325,000	£312,500	-£12,500	10 Aug 2023	14 Nov 2023	96 Days
4 Swillers Lane, Shorne, Gravesend, Kent, DA12 3ED	£525,000	£510,000	-£15,000	01 Jun 2023	13 Nov 2023	165 Days
112 Portland Avenue, Gravesend, Kent, DA12 5HF	£525,000	£505,000	-£20,000	08 Sep 2023	10 Nov 2023	63 Days
10 Michael Gardens, Gravesend, Kent, DA12 4QA	£320,000	£320,000	£00	08 Jun 2023	10 Nov 2023	155 Days
19 Leander Drive, Gravesend, Kent, DA12 4NF	£325,000	£325,000	£00	18 Sep 2023	10 Nov 2023	53 Days
6 Genesta Glade, Gravesend, Kent, DA12 4PR	£500,000	£500,000	£00	21 Jul 2023	07 Nov 2023	109 Days

Most Expensive Streets in DA12 (Gravesend)

Postcode	Street	Area	Average	No. of Sales
DA12 3JT	Pear Tree Lane, Shorne	Gravesend	£1,187,500	4
DA12 3DP	Forge Lane, Shorne	Gravesend	£1,088,333	3
DA12 3HE	The Meadows, Shorne Ifield Road	Gravesend	£983,333	3
DA12 3LA	Bowesden Lane, Shorne	Gravesend	£893,000	4
DA12 3AY	Sole Street	Gravesend	£799,571	7
DA12 3EN	Tanyard Hill, Shorne	Gravesend	£767,500	4
DA12 5BW	Windsor Road	Gravesend	£714,285	7
DA12 3EJ	Warren View, Shorne	Gravesend	£713,571	7
DA12 1NY	Hillside Drive	Gravesend	£707,500	4
DA12 1QH	Parrock Road	Gravesend	£651,666	3

Least Expensive Streets in DA12 (Gravesend)

Postcode	Street	Area	Average	No. of Sales
DA12 2DG	Pilots Place	Gravesend	£94,222	9
DA12 2EJ	Vine Court, Brewhouse Yard	Gravesend	£117,666	3
DA12 2AB	West Crescent Road	Gravesend	£120,750	4
DA12 1PL	Nelson Court, Glen View	Gravesend	£129,100	25
DA12 5BY	Vancouver House, Hawkins Avenue	Gravesend	£143,900	4
DA12 2SH	Albion Terrace	Gravesend	£144,999	4
DA12 2AY	Amazon Court, Admirals Way	Gravesend	£146,666	3
DA12 2AX	Harmer Street	Gravesend	£150,833	3
DA12 2JH	Culvers Court, Fenners Marsh	Gravesend	£151,465	11
DA12 4XD	Mullender Court, Chalk Road	Gravesend	£152,416	12