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Larkfield House Prices Larkfield House Prices

The average house price in Larkfield is £454,000 using HM Land Registry data.

The average property price increased by £103,156 (31.93%) over the last 5 years and increased by £20,617 (5.08%) over the last 12 months.

Over the last year, there were 198 residential property sales – a decrease of 110 transactions (-55.56%) relative to the previous year. The majority of house sales (47) were in the £332,000 - £384,000 range. Then came properties in the £280,000 - £332,000 range, where 40 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 60 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,128 (-2%).

In April 2024, there were 60 new estate agency instructions, 36 agreed home sales and 23 property price reductions.

Neighbouring Areas: Kings Hill

Postcodes Covered: ME16, ME19, ME20

5-Year Average Property Prices in Larkfield

31.93%

Property prices in Larkfield increased by 31.93% 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 Larkfield Over the Last Year

5.08%

Property prices in Larkfield increased by 5.08% 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 Larkfield - 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 Larkfield

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 Larkfield

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 Larkfield

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 Larkfield since 1995

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

Recent Property Sales in Larkfield

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
15 Sycamore Drive, Aylesford, Kent, ME20 7LB£465,000£465,000£0026 May 202319 Feb 2024269 Days
18 Fernleigh Rise, Ditton, Aylesford, Kent, ME20 6BP£375,000£372,500-£2,50027 Jul 202326 Jan 2024183 Days
29 Gorse Crescent, Ditton, Aylesford, Kent, ME20 6ES£550,000£550,000£0020 Jul 202305 Jan 2024169 Days
8 Lake Walk, Larkfield, Aylesford, Kent, ME20 6TB£550,000£525,000-£25,00018 May 202304 Dec 2023200 Days
62 Chatfield Way, East Malling, West Malling, Kent, ME19 6UE£375,000£375,000£0001 Jun 202301 Dec 2023183 Days
36 Woodlea, Leybourne, West Malling, Kent, ME19 5QY£299,000£283,750-£15,25027 Oct 202330 Nov 202334 Days
25 Barleycorn, Leybourne, West Malling, Kent, ME19 5PR£380,000£375,000-£5,00022 Aug 202330 Nov 2023100 Days
50 Heron Road, Larkfield, Aylesford, Kent, ME20 6JH£290,000£285,500-£4,50013 Sep 202327 Nov 202375 Days
26 Old Barn Road, Leybourne, West Malling, Kent, ME19 5HL£375,000£367,000-£8,00026 Jun 202317 Nov 2023144 Days
2 Blake Drive, Larkfield, Aylesford, Kent, ME20 6UE£325,000£320,000-£5,00010 May 202314 Nov 2023188 Days
45 The Avenue, Aylesford, Kent, ME20 7LQ£450,000£442,000-£8,00006 Jun 202303 Nov 2023150 Days
155 Lunsford Lane, Larkfield, Aylesford, Kent, ME20 6HP£325,000£315,000-£10,00029 Jun 202303 Nov 2023127 Days
54 Priory Grove, Ditton, Aylesford, Kent, ME20 6BB£350,000£330,000-£20,00008 Sep 202330 Oct 202352 Days
49 Ingram Close, Larkfield, Aylesford, Kent, ME20 7GR£425,000£425,000£0024 Apr 202330 Oct 2023189 Days
10 Maple Close, Larkfield, Aylesford, Kent, ME20 6NG£375,000£355,000-£20,00012 Jun 202327 Oct 2023137 Days
9 Sherwood Avenue, Larkfield, Aylesford, Kent, ME20 7GN£375,000£370,000-£5,00010 Jun 202327 Oct 2023139 Days
27 Primrose Drive, Ditton, Aylesford, Kent, ME20 6EG£325,000£325,000£0015 Jul 202320 Oct 202397 Days
33 Willow Road, Larkfield, Aylesford, Kent, ME20 6QZ£550,000£540,000-£10,00024 Jul 202206 Oct 2023439 Days
29 Woodpecker Road, Larkfield, Aylesford, Kent, ME20 6JQ£380,000£380,000£0019 Jun 202329 Sep 2023102 Days
29 The Hawthorns, Aylesford, Kent, ME20 7LJ£385,000£377,500-£7,50022 Apr 202329 Sep 2023160 Days

Most Expensive Streets in Larkfield

PostcodeStreetAreaAverageNo. of Sales
ME19 6AUThe Rocks RoadEast Malling£870,3128
ME20 7PLRussett CloseAylesford£698,5005
ME19 6BTStickens LaneEast Malling£690,4874
ME20 6DBLondon RoadDitton£642,5405
ME20 7QFWoodlands RoadAylesford£632,9427
ME20 6GAThe LakesLarkfield£623,3333
ME19 5EYLondon RoadLeybourne£618,0003
ME19 5HHPump CloseLeybourne£610,0003
ME20 6ESGorse CrescentDitton£605,0003
ME20 6AJRagstone CourtDitton£604,8128

Least Expensive Streets in Larkfield

PostcodeStreetAreaAverageNo. of Sales
ME20 6BGLondon RoadLarkfield£188,6663
ME20 6BJLarkfield RoadLarkfield£205,6254
ME20 6GEThe LakesLarkfield£228,1503
ME19 6RZSt James CloseEast Malling£228,2353
ME19 6SHTemple WayEast Malling£229,8758
ME20 6SANew Hythe LaneLarkfield£234,9186
ME20 6GBThe LakesLarkfield£235,0374
ME20 6NTLower Bell LaneDitton£244,5004
ME20 6HQWalnut Tree CourtLondon Road£250,8975
ME20 7JNMill HallAylesford£251,2005

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