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House Prices in ME13 House Prices in ME13 (Faversham)

The average house price in ME13 (Faversham) is £348,234 using HM Land Registry data.

The average property price increased by £45,487 (26.06%) over the last 5 years and increased by £9,114 (3.93%) over the last 12 months.

Over the last year, there were 317 residential property sales – an increase of 4 transactions (1.26%) relative to the previous year. The majority of house sales (98) were in the £278,000 - £366,000 range. Then came properties in the £190,000 - £278,000 range, where 58 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 202 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,520 (-2%).

In March 2025, there were 74 new estate agency instructions, 48 agreed home sales and 44 property price reductions.

Nearby Postcodes: , CT1, CT15, CT18, CT19, CT2, CT20, CT21, CT3, CT4, CT5, CT6, ME10, ME11, ME12, ME14, ME15, ME17, ME3, ME7, ME8, ME9, ME99, TN12, TN17, TN23, TN24, TN25, TN26, TN27, TN29, TN30

5-Year Average Property Prices in ME13 (Faversham)

26.06%

Property prices in ME13 (Faversham) increased by 26.06% 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 ME13 (Faversham) Over the Last Year

3.93%

Property prices in ME13 (Faversham) increased by 3.93% 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 ME13 (Faversham) - March 2025

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 ME13 (Faversham)

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 ME13 (Faversham)

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 ME13 (Faversham)

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 ME13 (Faversham) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the ME13 postcode area since 1995.

Recent Sales in ME13 (Faversham)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
37 Berkeley Close, Dunkirk, Faversham, Kent, ME13 9TR£275,000£267,000-£8,00008 Nov 202407 Feb 202591 Days
1 Worcester Close, Faversham, Kent, ME13 8RT£425,000£400,000-£25,00019 Jun 202430 Jan 2025225 Days
20 The Leas, Faversham, Kent, ME13 7QF£320,000£310,000-£10,00022 Aug 202428 Jan 2025159 Days
1 Plumford Cottages, Ospringe, Faversham, Kent, ME13 0DS£550,000£535,000-£15,00022 May 202406 Jan 2025229 Days
1 Station Road, Faversham, Kent, ME13 8EB£320,000£318,750-£1,25012 Mar 201403 Jan 20253950 Days
15 Priory Row, Faversham, Kent, ME13 7EG£290,000£280,000-£10,00015 Jul 202420 Dec 2024158 Days
1 Ospringe Road, Faversham, Kent, ME13 7LJ£265,000£258,000-£7,00012 Jul 202419 Dec 2024160 Days
67 Ospringe Street, Faversham, Kent, ME13 8TW£595,000£585,000-£10,00025 Jun 202417 Dec 2024175 Days
20 Ethelbert Road, Faversham, Kent, ME13 8SQ£325,000£310,000-£15,00012 Apr 202417 Dec 2024249 Days
7 The Trefoil, Norton, Faversham, Kent, ME13 0SW£725,000£717,500-£7,50007 Jun 202416 Dec 2024192 Days
111c, West Street, Faversham, Kent, ME13 7JB£175,000£175,000£016 Jul 202411 Dec 2024148 Days
Flat 7, The Mansion House, Lees Court Road, Sheldwich Lees, Faversham, Kent, ME13 0NQ£595,000£558,500-£36,50002 Oct 202411 Dec 202470 Days
159 Whitstable Road, Faversham, Kent, ME13 8BH£485,000£467,500-£17,50011 Apr 202411 Dec 2024244 Days
94 St Marys Road, Faversham, Kent, ME13 8EG£250,000£250,000£004 Oct 202406 Dec 202463 Days
11 Cremer Place, Faversham, Kent, ME13 7SG£220,000£200,000-£20,00004 Jun 202406 Dec 2024185 Days
Forge House, The Street, Eastling, Faversham, Kent, ME13 0AY£500,000£495,000-£5,00027 Aug 202404 Dec 202499 Days
12 Willow Avenue, Faversham, Kent, ME13 7NL£265,000£265,000£002 Sep 202404 Dec 202493 Days
1 Napleton Road, Faversham, Kent, ME13 7JR£320,000£310,000-£10,00010 May 202402 Dec 2024206 Days
66 Edward Vinson Drive, Faversham, Kent, ME13 8FD£190,000£184,000-£6,00026 Apr 202429 Nov 2024217 Days
32 The Street, Boughton Under Blean, Faversham, Kent, ME13 9AS£400,000£390,000-£10,00031 May 202428 Nov 2024181 Days

Most Expensive Streets in ME13 (Faversham)

PostcodeStreetAreaAverageNo. of Sales
ME13 0DSOspringeFaversham£1,073,3333
ME13 0BYBunce Court Road, OtterdenFaversham£1,048,3333
ME13 9RJSelling Court, SellingFaversham£873,0005
ME13 0JFHillside Road, StalisfieldFaversham£863,0003
ME13 0PWWilgate Green, ThrowleyFaversham£750,0003
ME13 8XWAshford RoadFaversham£747,6005
ME13 7USChambers WharfFaversham£677,0005
ME13 8XNAshford RoadFaversham£670,4005
ME13 7FPBobbinite DriveFaversham£653,7504
ME13 9TXStaple Street, HernhillFaversham£618,0003

Least Expensive Streets in ME13 (Faversham)

PostcodeStreetAreaAverageNo. of Sales
ME13 7NPLion Yard, Grove PlaceFaversham£141,0004
ME13 8GTLoganberry DriveFaversham£141,3755
ME13 8THThe MountFaversham£163,8333
ME13 8HYPark Court, Abbey FieldsFaversham£165,6258
ME13 8FEEdward Vinson DriveFaversham£167,76714
ME13 7JBWest StreetFaversham£168,3333
ME13 7WBWhiting CrescentFaversham£174,8005
ME13 8TJOspringe StreetFaversham£177,2504
ME13 7QZHazebrouck RoadFaversham£189,0717
ME13 8NYJacob YardFaversham£195,7504

Explore ME13 (Faversham) using map

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