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Canterbury House Prices Canterbury House Prices

The average house price in Canterbury is £285,500 using HM Land Registry data.

The average property price increased by £22,729 (6.97%) over the last 5 years and increased by £4,543 (1.32%) over the last 12 months.

Over the last year, there were 462 residential property sales – a decrease of 296 transactions (-64.07%) relative to the previous year. The majority of house sales (154) were in the £256,000 - £342,000 range. Then came properties in the £170,000 - £256,000 range, where 114 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 70 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,697 (-3%).

In April 2024, there were 119 new estate agency instructions, 77 agreed home sales and 64 property price reductions.

Neighbouring Areas: Sturry

Postcodes Covered: CT1, CT2, CT3, CT4

5-Year Average Property Prices in Canterbury

6.97%

Property prices in Canterbury increased by 6.97% 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 Canterbury Over the Last Year

1.32%

Property prices in Canterbury increased by 1.32% 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 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 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 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 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 Canterbury since 1995

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

Recent Property Sales in Canterbury

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
43 Old Watling Street, Canterbury, Kent, CT1 2DX£249,995£245,000-£4,99519 Oct 202312 Mar 2024145 Days
2a, The Foreland, Canterbury, Kent, CT1 3NT£625,000£575,000-£50,00007 Nov 202305 Mar 2024119 Days
Flat 6, Barton Mill Court, Station Road West, Canterbury, Kent, CT2 7JZ£120,000£120,000£0015 Aug 202301 Mar 2024199 Days
5 Stephenson Road, Canterbury, Kent, CT2 7LA£600,000£550,000-£50,00010 Aug 202329 Feb 2024203 Days
5 St Radigunds Street, Canterbury, Kent, CT1 2AA£700,000£650,000-£50,00021 Nov 202312 Feb 202483 Days
26 Ramsey Close, Canterbury, Kent, CT2 8DL£400,000£375,000-£25,00020 Jul 202309 Feb 2024204 Days
23 Tower Way, Canterbury, Kent, CT1 2DP£175,000£168,250-£6,75009 Oct 202306 Feb 2024120 Days
22 York Road, Canterbury, Kent, CT1 3TA£175,000£167,000-£8,00008 Nov 202325 Jan 202478 Days
64 New House Lane, Canterbury, Kent, CT4 7BJ£389,950£389,950£0028 Nov 201919 Jan 20241513 Days
126 Wincheap, Canterbury, Kent, CT1 3RY£260,000£245,000-£15,00030 Jan 202311 Jan 2024346 Days
15 Victoria Road, Canterbury, Kent, CT1 3SQ£360,000£360,000£0030 Aug 202305 Jan 2024128 Days
12 Mill Lane, Harbledown, Canterbury, Kent, CT2 8NE£290,000£290,000£0017 Aug 202305 Jan 2024141 Days
38a, St Dunstans Street, Canterbury, Kent, CT2 8BY£600,000£550,000-£50,00028 Jun 202319 Dec 2023174 Days
Flat 50, Homespire House, Knotts Lane, Canterbury, Kent, CT1 2AB£90,000£90,000£0021 Feb 202315 Dec 2023297 Days
39 Ivy Lane, Canterbury, Kent, CT1 1TU£275,000£267,500-£7,50024 Aug 202315 Dec 2023113 Days
Flat 24, Homespire House, Knotts Lane, Canterbury, Kent, CT1 2AB£75,000£68,000-£7,00023 May 202313 Dec 2023204 Days
11 St Martins Close, Canterbury, Kent, CT1 1QG£365,000£352,000-£13,00001 Sep 202308 Dec 202398 Days
63 Barton Road, Canterbury, Kent, CT1 1YH£350,000£348,000-£2,00023 May 202305 Dec 2023196 Days
7 Worthgate Place, Canterbury, Kent, CT1 2QX£300,000£296,000-£4,00019 Oct 202304 Dec 202346 Days
9 Kemsing Gardens, Canterbury, Kent, CT2 7RE£265,000£259,500-£5,50019 May 202330 Nov 2023195 Days

Most Expensive Streets in Canterbury

PostcodeStreetAreaAverageNo. of Sales
CT2 8AAWestgate GroveCanterbury£920,0003
CT2 7RWHarkness DriveCanterbury£914,2857
CT1 3NEEthelbert RoadCanterbury£842,5004
CT3 4FAPolo Field DriveCanterbury£807,38818
CT1 1XPSt Augustines RoadCanterbury£805,0003
CT1 2QUDane JohnCanterbury£772,3333
CT1 2BPSt Peters LaneCanterbury£766,8889
CT2 7EGRoper RoadCanterbury£756,6663
CT1 3ZBSharnbrook PlaceCanterbury£720,0003
CT1 3ARErsham RoadCanterbury£706,6663

Least Expensive Streets in Canterbury

PostcodeStreetAreaAverageNo. of Sales
CT1 1YNBehn HallParham Road£72,5004
CT1 2ABHomespire HouseKnotts Lane£83,53813
CT2 7JZBarton Mill CourtStation Road West£121,21117
CT1 2RGInvicta HouseRhodaus Close£130,5008
CT1 1ENTennyson AvenueCanterbury£134,6005
CT2 7JQWalden CourtCanterbury£139,1663
CT1 2ADChantry CourtCanterbury£149,0005
CT2 7HZViking CourtSt Stephens Close£156,5717
CT1 3DHMagdalen CourtErsham Road£159,4005
CT1 2BFDeans Mill CourtThe Causeway£160,66612

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