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Gravesend House Prices

The average house price in Gravesend is £339,250 using HM Land Registry data.

The average property price increased by £77,563 (26.93%) over the last 5 years and increased by £15,502 (4.43%) over the last 12 months.

Over the last year, there were 440 residential property sales – a decrease of 267 transactions (-60.68%) relative to the previous year. The majority of house sales (119) were in the £280,000 - £340,000 range. Then came properties in the £340,000 - £400,000 range, where 96 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 65 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,915 (-1%).

In April 2024, there were 90 new estate agency instructions, 60 agreed home sales and 41 property price reductions.

5-Year Average Property Prices in Gravesend

26.93%

Property prices in Gravesend increased by 26.93% 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 Gravesend Over the Last Year

4.43%

Property prices in Gravesend increased by 4.43% 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 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 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 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 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 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 Gravesend since 1995

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

Recent Property Sales in Gravesend

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
373 Singlewell Road, Gravesend, Kent, DA11 7RL	£850,000	£850,000	£00	07 Nov 2023	20 Mar 2024	134 Days
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
69 The Avenue, Gravesend, Kent, DA11 0LX	£750,000	£720,000	-£30,000	29 Aug 2023	17 Jan 2024	141 Days
26 Park Road, Gravesend, Kent, DA11 7PR	£500,000	£490,000	-£10,000	14 Aug 2023	17 Jan 2024	156 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
Flat 17, Regents Court, West Street, Gravesend, Kent, DA11 0BT	£90,000	£90,000	£00	04 May 2023	08 Dec 2023	218 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
112 Portland Avenue, Gravesend, Kent, DA12 5HF	£525,000	£505,000	-£20,000	08 Sep 2023	10 Nov 2023	63 Days

Most Expensive Streets in Gravesend

Postcode	Street	Area	Average	No. of Sales
DA11 7RN	Singlewell Road	Gravesend	£840,416	6
DA12 5BW	Windsor Road	Gravesend	£714,285	7
DA12 1NY	Hillside Drive	Gravesend	£707,500	4
DA12 1QH	Parrock Road	Gravesend	£651,666	3
DA11 7NX	Orchard Avenue	Gravesend	£618,125	6
DA12 5BN	Windsor Road	Gravesend	£608,125	4
DA11 7PA	Golf Links Avenue	Gravesend	£595,000	3
DA11 7RQ	Brenchley Avenue	Gravesend	£577,500	3
DA11 0LX	The Avenue	Gravesend	£571,250	4
DA12 1PE	Old Road East	Gravesend	£565,714	7

Least Expensive Streets in Gravesend

Postcode	Street	Area	Average	No. of Sales
DA12 2DG	Pilots Place	Gravesend	£94,222	9
DA11 0BT	Regents Court	West Street, Gravesend	£114,414	16
DA12 2EJ	Vine Court	Brewhouse Yard	£117,666	3
DA12 2AB	West Crescent Road	Gravesend	£120,750	4
DA12 1PL	Nelson Court	Glen View	£129,100	25
DA12 5BY	Vancouver House	Hawkins Avenue	£143,900	4
DA12 2SH	Albion Terrace	Gravesend	£144,999	4
DA12 2AY	Amazon Court	Admirals Way	£146,666	3
DA11 0AH	The Maltings	Clifton Road	£147,280	13
DA12 2AX	Harmer Street	Gravesend	£150,833	3