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Bearsted House Prices Bearsted House Prices

The average house price in Bearsted is £466,875 using HM Land Registry data.

The average property price increased by £146,779 (36.15%) over the last 5 years and increased by £29,335 (5.6%) over the last 12 months.

Over the last year, there were 84 residential property sales – a decrease of 61 transactions (-72.62%) relative to the previous year. The majority of house sales (20) were in the £300,000 - £374,000 range. Then came properties in the £374,000 - £448,000 range, where 15 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 52 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,379 (-2%).

In April 2024, there were 25 new estate agency instructions, 11 agreed home sales and 6 property price reductions.

Neighbouring Areas: Maidstone

Postcodes Covered: ME14, ME15, ME17

5-Year Average Property Prices in Bearsted

36.15%

Property prices in Bearsted increased by 36.15% 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

5.6%

Property prices in Bearsted increased by 5.6% 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 Bearsted - 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 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

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
1 Merton Road, Bearsted, Maidstone, Kent, ME15 8LJ£400,000£395,000-£5,00025 Sep 202318 Dec 202384 Days
4 Olivers Row, Bearsted, Maidstone, Kent, ME14 4EL£360,000£345,000-£15,00022 Jul 202318 Dec 2023149 Days
52 Birling Avenue, Bearsted, Maidstone, Kent, ME14 4LN£575,000£565,000-£10,00016 Jun 202313 Dec 2023180 Days
85 Bramley Crescent, Bearsted, Maidstone, Kent, ME15 8JX£350,000£325,000-£25,00020 Jun 202327 Nov 2023160 Days
36 Birling Avenue, Bearsted, Maidstone, Kent, ME14 4LN£650,000£620,000-£30,00008 Sep 202324 Nov 202377 Days
The Belde, Church Lane, Bearsted, Maidstone, Kent, ME14 4EE£775,000£775,000£0021 Apr 202315 Nov 2023208 Days
2 Invicta Villas, Bearsted, Maidstone, Kent, ME14 4DT£375,000£360,000-£15,00006 Jan 202306 Nov 2023304 Days
12 Aldington Road, Bearsted, Maidstone, Kent, ME14 4AN£485,000£475,000-£10,00023 Jun 202320 Oct 2023119 Days
28 Bramley Crescent, Bearsted, Maidstone, Kent, ME15 8LA£400,000£400,000£0015 May 202318 Oct 2023156 Days
68 Merton Road, Bearsted, Maidstone, Kent, ME15 8LL£300,000£300,000£0019 May 202313 Oct 2023147 Days
74 Mallings Drive, Bearsted, Maidstone, Kent, ME14 4HB£500,000£495,000-£5,00003 Apr 202304 Oct 2023184 Days
2 Tower Gardens, Bearsted, Maidstone, Kent, ME14 4JQ£900,000£865,000-£35,00017 Apr 202328 Sep 2023164 Days
45 Button Lane, Bearsted, Maidstone, Kent, ME15 8DW£600,000£600,000£0020 Mar 202320 Sep 2023184 Days
2 Ryan Drive, Bearsted, Maidstone, Kent, ME15 8UD£400,000£390,000-£10,00020 Jan 202320 Sep 2023243 Days
16 Rosemary Road, Bearsted, Maidstone, Kent, ME15 8NW£525,000£525,000£0018 Mar 202320 Sep 2023186 Days
18 Copsewood Way, Bearsted, Maidstone, Kent, ME15 8PL£500,000£500,000£0013 Jan 202318 Aug 2023217 Days
9 Tower Lane, Bearsted, Maidstone, Kent, ME14 4JJ£725,000£714,000-£11,00023 Dec 202216 Aug 2023236 Days
23 The Grove, Bearsted, Maidstone, Kent, ME14 4JB£550,000£535,000-£15,00012 Apr 202309 Aug 2023119 Days
62 Bramley Crescent, Bearsted, Maidstone, Kent, ME15 8JZ£390,000£365,000-£25,00029 Nov 202207 Aug 2023251 Days
3 Greensands Road, Bearsted, Maidstone, Kent, ME15 8NY£390,000£382,500-£7,50019 Dec 202207 Aug 2023231 Days

Most Expensive Streets in Bearsted

PostcodeStreetAreaAverageNo. of Sales
ME14 4EEChurch LaneBearsted£1,268,3333
ME14 4NEAshford RoadBearsted£770,0005
ME14 4NBAshford RoadBearsted£746,2005
ME14 4FJHart CloseThurnham£744,1666
ME14 4JJTower LaneBearsted£729,7663
ME14 4DBManor RiseBearsted£703,5833
ME14 4GDThomas Allen WayThurnham£684,58312
ME14 4BPAshford RoadBearsted£670,0003
ME14 4JGRoseacre LaneBearsted£661,9276
ME17 1XHAshford RoadHollingbourne£658,4164

Least Expensive Streets in Bearsted

PostcodeStreetAreaAverageNo. of Sales
ME15 8FWCavendish PlaceCavendish Way£109,5628
ME15 8LRMerton RoadBearsted£266,6254
ME15 8LTMerton RoadBearsted£267,7005
ME15 8LPMerton RoadBearsted£276,6663
ME15 8LLMerton RoadBearsted£278,41612
ME15 8LSMerton RoadBearsted£279,9005
ME14 4REYorke HouseThe Chimes£301,8754
ME15 8LJMerton RoadBearsted£312,7508
ME15 8UELenside DriveBearsted£315,6258
ME15 8LZLambourne RoadBearsted£315,6663

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