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Bearsted House Prices

The average house price in Bearsted is £509,666 using HM Land Registry data.

The average property price increased by £137,644 (33.18%) over the last 5 years and increased by £27,516 (5.24%) over the last 12 months.

Over the last year, there were 85 residential property sales – a decrease of 53 transactions (-62.35%) relative to the previous year. The majority of house sales (21) were in the £300,000 - £376,000 range. Then came properties in the £376,000 - £452,000 range, where 18 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 76 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,379 (-2%).

In June 2024, there were 16 new estate agency instructions, 13 agreed home sales and 9 property price reductions.

5-Year Average Property Prices in Bearsted

33.18%

Property prices in Bearsted increased by 33.18% 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 Bearsted Over the Last Year

5.24%

Property prices in Bearsted increased by 5.24% 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 Bearsted - June 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 Bearsted

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 Bearsted

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 Bearsted

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 Bearsted since 1995

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

Recent Property Sales in Bearsted

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
14 Mallings Drive, Bearsted, Maidstone, Kent, ME14 4HD	£575,000	£575,000	£00	10 Jan 2024	25 Apr 2024	106 Days
65 Button Lane, Bearsted, Maidstone, Kent, ME15 8DW	£750,000	£725,000	-£25,000	19 Sep 2023	08 Apr 2024	202 Days
Magnolia House, Roundwell, Bearsted, Maidstone, Kent, ME14 4HN	£1,100,000	£1,010,000	-£90,000	01 Sep 2023	08 Apr 2024	220 Days
30 Hill Brow, Bearsted, Maidstone, Kent, ME14 4AW	£350,000	£350,000	£00	25 Sep 2023	13 Feb 2024	141 Days
107 Birling Avenue, Bearsted, Maidstone, Kent, ME14 4LL	£350,000	£350,000	£00	19 Jul 2023	10 Jan 2024	175 Days
8 Gascoyne Close, Bearsted, Maidstone, Kent, ME15 8EX	£450,000	£440,000	-£10,000	27 Jul 2023	05 Jan 2024	162 Days
1 Merton Road, Bearsted, Maidstone, Kent, ME15 8LJ	£400,000	£395,000	-£5,000	25 Sep 2023	18 Dec 2023	84 Days
4 Olivers Row, Bearsted, Maidstone, Kent, ME14 4EL	£360,000	£345,000	-£15,000	22 Jul 2023	18 Dec 2023	149 Days
2 Bramley Crescent, Bearsted, Maidstone, Kent, ME15 8LA	£400,000	£390,000	-£10,000	27 Jul 2023	15 Dec 2023	141 Days
52 Birling Avenue, Bearsted, Maidstone, Kent, ME14 4LN	£575,000	£565,000	-£10,000	16 Jun 2023	13 Dec 2023	180 Days
85 Bramley Crescent, Bearsted, Maidstone, Kent, ME15 8JX	£350,000	£325,000	-£25,000	20 Jun 2023	27 Nov 2023	160 Days
36 Birling Avenue, Bearsted, Maidstone, Kent, ME14 4LN	£650,000	£620,000	-£30,000	08 Sep 2023	24 Nov 2023	77 Days
The Belde, Church Lane, Bearsted, Maidstone, Kent, ME14 4EE	£775,000	£775,000	£00	21 Apr 2023	15 Nov 2023	208 Days
2 Invicta Villas, Bearsted, Maidstone, Kent, ME14 4DT	£375,000	£360,000	-£15,000	06 Jan 2023	06 Nov 2023	304 Days
12 Aldington Road, Bearsted, Maidstone, Kent, ME14 4AN	£485,000	£475,000	-£10,000	23 Jun 2023	20 Oct 2023	119 Days
28 Bramley Crescent, Bearsted, Maidstone, Kent, ME15 8LA	£400,000	£400,000	£00	15 May 2023	18 Oct 2023	156 Days
68 Merton Road, Bearsted, Maidstone, Kent, ME15 8LL	£300,000	£300,000	£00	19 May 2023	13 Oct 2023	147 Days
74 Mallings Drive, Bearsted, Maidstone, Kent, ME14 4HB	£500,000	£495,000	-£5,000	03 Apr 2023	04 Oct 2023	184 Days
2 Tower Gardens, Bearsted, Maidstone, Kent, ME14 4JQ	£900,000	£865,000	-£35,000	17 Apr 2023	28 Sep 2023	164 Days
45 Button Lane, Bearsted, Maidstone, Kent, ME15 8DW	£600,000	£600,000	£00	20 Mar 2023	20 Sep 2023	184 Days

Most Expensive Streets in Bearsted

Postcode	Street	Area	Average	No. of Sales
ME14 4EE	Church Lane	Bearsted	£1,268,333	3
ME14 4HN	Roundwell	Bearsted	£808,333	3
ME14 4NE	Ashford Road	Bearsted	£770,000	5
ME14 4NB	Ashford Road	Bearsted	£763,375	6
ME14 4FJ	Hart Close	Thurnham	£744,166	6
ME14 4JJ	Tower Lane	Bearsted	£729,766	3
ME14 4DB	Manor Rise	Bearsted	£703,583	3
ME14 4JG	Roseacre Lane	Bearsted	£697,313	5
ME14 4GD	Thomas Allen Way	Thurnham	£684,583	12
ME14 4BP	Ashford Road	Bearsted	£670,000	3

Least Expensive Streets in Bearsted

Postcode	Street	Area	Average	No. of Sales
ME15 8FW	Cavendish Place	Cavendish Way	£109,562	8
ME15 8LR	Merton Road	Bearsted	£266,625	4
ME15 8LT	Merton Road	Bearsted	£267,700	5
ME15 8LP	Merton Road	Bearsted	£276,666	3
ME15 8LL	Merton Road	Bearsted	£278,416	12
ME15 8LS	Merton Road	Bearsted	£279,900	5
ME14 4RE	Yorke House	The Chimes	£301,875	4
ME15 8LJ	Merton Road	Bearsted	£312,750	8
ME15 8UE	Lenside Drive	Bearsted	£315,625	8
ME15 8LZ	Lambourne Road	Bearsted	£315,666	3