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Hythe House Prices Hythe House Prices

The average house price in Hythe is £380,150 using HM Land Registry data.

The average property price increased by £116,475 (35.07%) over the last 5 years and increased by £23,279 (5.47%) over the last 12 months.

Over the last year, there were 208 residential property sales – a decrease of 67 transactions (-32.21%) relative to the previous year. The majority of house sales (56) were in the £274,000 - £368,000 range. Then came properties in the £180,000 - £274,000 range, where 41 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 82 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-22,994 (-5%).

In April 2024, there were 84 new estate agency instructions, 24 agreed home sales and 40 property price reductions.

Neighbouring Areas: Folkestone

Postcodes Covered: CT21

5-Year Average Property Prices in Hythe

35.07%

Property prices in Hythe increased by 35.07% 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 Hythe Over the Last Year

5.47%

Property prices in Hythe increased by 5.47% 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 Hythe - 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 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 Hythe

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 Hythe

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 Hythe

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 Hythe since 1995

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

Recent Property Sales in Hythe

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
9 Martins Way, Hythe, Kent, CT21 6QU£285,000£280,000-£5,00027 Oct 202319 Feb 2024115 Days
6 Ormonde Road, Hythe, Kent, CT21 6DN£325,000£309,500-£15,50001 Aug 202316 Feb 2024199 Days
38 Palmarsh Avenue, Hythe, Kent, CT21 6NT£405,000£389,000-£16,00018 Oct 202302 Feb 2024107 Days
3 Cannongate Avenue, Hythe, Kent, CT21 5PS£775,000£750,000-£25,00029 Apr 202331 Jan 2024277 Days
36 Romney Way, Hythe, Kent, CT21 6PL£300,000£278,000-£22,00018 Aug 202326 Jan 2024161 Days
6 New Road, Hythe, Kent, CT21 6ES£325,000£315,000-£10,00006 Sep 202322 Jan 2024138 Days
2 Lyell Close, Hythe, Kent, CT21 5JB£265,000£247,500-£17,50014 Sep 202311 Jan 2024119 Days
8 Blackhouse Hill, Hythe, Kent, CT21 5UL£480,000£465,000-£15,00006 Feb 202311 Dec 2023308 Days
Long Reach, Cliff Road, Hythe, Kent, CT21 5XQ£895,000£845,000-£50,00015 Nov 202201 Dec 2023381 Days
Flat 43, Captains Court, Stade Street, Hythe, Kent, CT21 6ED£279,995£279,995£0028 Jun 202330 Nov 2023155 Days
Blowick, Bartholomew Close, Hythe, Kent, CT21 4BS£775,000£757,000-£18,00009 Feb 202329 Nov 2023293 Days
108 Shepherds Walk, Hythe, Kent, CT21 6QA£350,000£295,000-£55,00013 Dec 202224 Nov 2023346 Days
90 Dymchurch Road, Hythe, Kent, CT21 6LH£250,000£240,000-£10,00025 May 202310 Nov 2023169 Days
2a, North Road, Hythe, Kent, CT21 5UH£565,000£545,500-£19,50020 Apr 202301 Nov 2023195 Days
3 Green Lane, Hythe, Kent, CT21 4DY£429,950£415,000-£14,95022 Mar 202326 Oct 2023218 Days
62 Kingfisher Avenue, Hythe, Kent, CT21 6QT£299,995£275,000-£24,99503 Apr 202320 Oct 2023200 Days
West View, Dymchurch Road, Hythe, Kent, CT21 4ND£550,000£510,000-£40,00015 Feb 202320 Oct 2023247 Days
1 Cobay Close, Hythe, Kent, CT21 6AA£785,000£785,000£0028 Jun 202313 Oct 2023107 Days
111 Shepherds Walk, Hythe, Kent, CT21 6QA£315,000£152,500-£162,50010 May 202113 Oct 2023886 Days
52 Orchard Valley, Hythe, Kent, CT21 4EA£425,000£420,000-£5,00019 Jun 202309 Oct 2023112 Days

Most Expensive Streets in Hythe

PostcodeStreetAreaAverageNo. of Sales
CT21 4BESt Johns RoadHythe£886,8754
CT21 4BDNorth Road WestHythe£886,8754
CT21 5HLCastle RoadHythe£881,6663
CT21 5XECliff RoadHythe£859,3333
CT21 5XHCliff RoadHythe£778,2754
CT21 5EUHillcrest RoadHythe£763,0558
CT21 5HBCastle RoadHythe£751,6663
CT21 6FAImperial GardensHythe£738,3333
CT21 5PSCannongate AvenueHythe£727,0005
CT21 4BSBartholomew CloseHythe£720,6005

Least Expensive Streets in Hythe

PostcodeStreetAreaAverageNo. of Sales
CT21 5DARadcliffe CourtSir John Moore Avenue£77,4163
CT21 5BBHomepeak HouseBartholomew Street, Hythe£97,48025
CT21 6BBHanover CourtWhitegates Close£104,7504
CT21 5JSBlythe CourtHythe£122,30518
CT21 6FEPalmer DriveHythe£124,3124
CT21 5EHHillside CourtHillside Street, Hythe£167,6663
CT21 6JZLaidlawDymchurch Road£170,8333
CT21 5LQSpring HouseDental Street, Hythe£178,0003
CT21 5NGEast StreetHythe£184,87528
CT21 6EDCaptains CourtStade Street, Hythe£192,89123

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