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Lenham and Harrietsham House Prices Lenham and Harrietsham House Prices

The average house price in Lenham and Harrietsham is £507,500 using HM Land Registry data.

The average property price increased by £85,728 (23.39%) over the last 5 years and increased by £17,134 (3.94%) over the last 12 months.

Over the last year, there were 62 residential property sales – a decrease of 28 transactions (-45.16%) relative to the previous year. The majority of house sales (25) were in the £290,000 - £370,000 range. Then came properties in the £370,000 - £450,000 range, where 11 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 59 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-13,956 (-2%).

In April 2024, there were 11 new estate agency instructions, 5 agreed home sales and 3 property price reductions.

Postcodes Covered: ME17

5-Year Average Property Prices in Lenham and Harrietsham

23.39%

Property prices in Lenham and Harrietsham increased by 23.39% 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 Lenham and Harrietsham Over the Last Year

3.94%

Property prices in Lenham and Harrietsham increased by 3.94% 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 Lenham and Harrietsham - 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 Lenham and Harrietsham

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 Lenham and Harrietsham

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 Lenham and Harrietsham

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 Lenham and Harrietsham since 1995

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

Recent Property Sales in Lenham and Harrietsham

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
7 Mill Close, Lenham, Maidstone, Kent, ME17 2LF£265,000£265,000£0011 Oct 202326 Jan 2024107 Days
Elmwood, Dickley Lane, Lenham, Maidstone, Kent, ME17 2DD£700,000£700,000£0010 Oct 202315 Dec 202366 Days
33 Robins Avenue, Lenham, Maidstone, Kent, ME17 2HW£370,000£360,000-£10,00006 Jun 202317 Nov 2023164 Days
30 Douglas Road, Lenham, Maidstone, Kent, ME17 2QP£299,995£297,500-£2,49503 Jun 202331 Oct 2023150 Days
38 Honywood Road, Lenham, Maidstone, Kent, ME17 2HH£399,995£390,000-£9,99523 May 202319 Oct 2023149 Days
27 Ham Lane, Lenham, Maidstone, Kent, ME17 2LL£525,000£510,000-£15,00021 Jun 202309 Oct 2023110 Days
7 Beacon Road, Lenham, Maidstone, Kent, ME17 2HJ£350,000£340,000-£10,00001 Jun 202329 Sep 2023120 Days
7 Hook Lane, Harrietsham, Maidstone, Kent, ME17 1JP£499,995£471,000-£28,99503 May 202315 Sep 2023135 Days
11 Faversham Road, Lenham, Maidstone, Kent, ME17 2PN£350,000£345,000-£5,00010 May 202301 Sep 2023114 Days
25 Ivens Way, Harrietsham, Maidstone, Kent, ME17 1JH£359,995£357,000-£2,99527 Jan 202312 Jul 2023166 Days
Downside, Lakelands, Harrietsham, Maidstone, Kent, ME17 1AR£525,000£525,000£0008 Feb 202323 Jun 2023135 Days
South Cottage, Goddington Lane, Harrietsham, Maidstone, Kent, ME17 1JX£525,000£515,000-£10,00004 Jan 202312 Jun 2023159 Days
2 The Millers, Lenham, Maidstone, Kent, ME17 2LW£350,000£345,000-£5,00008 Mar 202306 Jun 202390 Days
28 Old School Close, Lenham, Maidstone, Kent, ME17 2HD£295,000£295,000£0025 Jan 202326 May 2023121 Days
37 Foord Road, Lenham, Maidstone, Kent, ME17 2QN£299,995£255,000-£44,99502 Dec 202223 May 2023172 Days
Ash House, Old Ashford Road, Lenham, Maidstone, Kent, ME17 2PX£545,000£535,000-£10,00024 Jan 202322 May 2023118 Days
33 Robins Close, Lenham, Maidstone, Kent, ME17 2LD£385,000£370,000-£15,00026 Aug 202219 Apr 2023236 Days
14a, Honywood Road, Lenham, Maidstone, Kent, ME17 2HQ£395,000£383,000-£12,00009 Jan 202313 Apr 202394 Days
69 Robins Avenue, Lenham, Maidstone, Kent, ME17 2HP£350,000£345,000-£5,00005 Sep 202224 Mar 2023200 Days
24 Atwater Court, Lenham, Maidstone, Kent, ME17 2PW£345,000£337,000-£8,00009 Aug 202223 Mar 2023226 Days

Most Expensive Streets in Lenham and Harrietsham

PostcodeStreetAreaAverageNo. of Sales
ME17 2PXOld Ashford RoadLenham£676,3754
ME17 2DDDickley LaneLenham£656,6663
ME17 2QJMaidstone RoadLenham£630,4287
ME17 1AJAshford RoadHarrietsham£606,6663
ME17 2QAGlebe GardensLenham£605,62512
ME17 2FGHay MeadowLenham£594,95010
ME17 2DGOld Ashford RoadLenham£567,4005
ME17 1HJEast StreetHarrietsham£530,8336
ME17 1JXGoddington LaneHarrietsham£530,0004
ME17 2QDHigh StreetLenham£475,79112

Least Expensive Streets in Lenham and Harrietsham

PostcodeStreetAreaAverageNo. of Sales
ME17 1BDSt Welcumes WayHarrietsham£215,6663
ME17 1BXBailies CourtHarrietsham£239,3124
ME17 1GESouthfields WayHarrietsham£250,83613
ME17 1HXWest StreetHarrietsham£255,8339
ME17 2QPDouglas RoadLenham£264,6258
ME17 2QNFoord RoadLenham£265,5006
ME17 2HDOld School CloseLenham£268,1234
ME17 2JTRivers WalkLenham£280,5495
ME17 1HUWest StreetHarrietsham£303,3758
ME17 1NDThe Old BaileyHarrietsham£304,9833

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