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Minster (Swale) House Prices

The average house price in Minster (Swale) is £396,777 using HM Land Registry data.

The average property price increased by £90,002 (33.13%) over the last 5 years and increased by £17,988 (5.23%) over the last 12 months.

Over the last year, there were 151 residential property sales – a decrease of 103 transactions (-68.21%) relative to the previous year. The majority of house sales (38) were in the £284,000 - £348,000 range. Then came properties in the £220,000 - £284,000 range, where 33 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 99 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,451 (-2%).

In April 2024, there were 41 new estate agency instructions, 19 agreed home sales and 32 property price reductions.

5-Year Average Property Prices in Minster (Swale)

33.13%

Property prices in Minster (Swale) increased by 33.13% 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 Minster (Swale) Over the Last Year

5.23%

Property prices in Minster (Swale) increased by 5.23% 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 Minster (Swale) - 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 Minster (Swale)

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 Minster (Swale)

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 Minster (Swale)

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 Minster (Swale) since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Minster (Swale) area since 1995.

Recent Property Sales in Minster (Swale)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
11 Penny Cress Road, Minster On Sea, Sheerness, Kent, ME12 3AN	£450,000	£448,000	-£2,000	07 Aug 2023	08 Feb 2024	185 Days
77 Buckthorne Road, Minster On Sea, Sheerness, Kent, ME12 3RD	£300,000	£300,000	£00	06 Nov 2023	31 Jan 2024	86 Days
4 Norwood Rise, Minster On Sea, Sheerness, Kent, ME12 2JE	£396,000	£390,000	-£6,000	30 Mar 2023	12 Jan 2024	288 Days
Ikeja Lodge, Clovelly Drive, Minster On Sea, Sheerness, Kent, ME12 2SF	£550,000	£533,000	-£17,000	07 Jun 2023	13 Dec 2023	189 Days
68a, Scarborough Drive, Minster On Sea, Sheerness, Kent, ME12 2NQ	£490,000	£472,500	-£17,500	31 Mar 2023	24 Nov 2023	238 Days
3 Marian Avenue, Minster On Sea, Sheerness, Kent, ME12 2EF	£270,000	£270,000	£00	16 May 2023	07 Nov 2023	175 Days
Sonesta, Glendale Road, Minster On Sea, Sheerness, Kent, ME12 2SE	£275,000	£275,000	£00	18 Aug 2023	31 Oct 2023	74 Days
Kimberworth, Imperial Avenue, Minster On Sea, Sheerness, Kent, ME12 2HG	£550,000	£520,000	-£30,000	06 Mar 2023	25 Oct 2023	233 Days
3 Mallow Road, Minster On Sea, Sheerness, Kent, ME12 3GU	£185,000	£170,000	-£15,000	04 Jul 2023	22 Sep 2023	80 Days
76 Appleford Drive, Minster On Sea, Sheerness, Kent, ME12 2SR	£260,000	£250,000	-£10,000	27 Jan 2023	20 Sep 2023	236 Days
Knapton, Scocles Road, Minster On Sea, Sheerness, Kent, ME12 3RU	£475,000	£465,000	-£10,000	10 Feb 2023	15 Sep 2023	217 Days
16 Bellevue Road, Minster On Sea, Sheerness, Kent, ME12 2RH	£325,000	£320,000	-£5,000	11 Jul 2023	30 Aug 2023	50 Days
Mount Pleasant, Minster Drive, Minster On Sea, Sheerness, Kent, ME12 2LE	£375,000	£375,000	£00	12 May 2023	30 Aug 2023	110 Days
173 The Broadway, Minster On Sea, Sheerness, Kent, ME12 2SB	£250,000	£230,000	-£20,000	17 Jul 2023	29 Aug 2023	43 Days
70 Kent Avenue, Minster On Sea, Sheerness, Kent, ME12 2DX	£380,000	£375,000	-£5,000	19 May 2023	25 Aug 2023	98 Days
27 Charlock Drive, Minster On Sea, Sheerness, Kent, ME12 3TD	£375,000	£367,000	-£8,000	27 Mar 2023	02 Aug 2023	128 Days
Rosebeth, Oak Lane, Minster On Sea, Sheerness, Kent, ME12 3QP	£900,000	£825,000	-£75,000	13 Jul 2022	31 Jul 2023	383 Days
108 Kent Avenue, Minster On Sea, Sheerness, Kent, ME12 2DU	£300,000	£295,000	-£5,000	05 Dec 2022	26 Jul 2023	233 Days
Kits Coty, The Glen, Minster On Sea, Sheerness, Kent, ME12 2SD	£350,000	£320,000	-£30,000	08 Nov 2022	12 Jul 2023	246 Days
10 Brecon Chase, Minster On Sea, Sheerness, Kent, ME12 2HP	£480,000	£475,000	-£5,000	28 Oct 2022	07 Jul 2023	252 Days

Most Expensive Streets in Minster (Swale)

Postcode	Street	Area	Average	No. of Sales
ME12 4JY	Oak Tree Close	Eastchurch	£651,000	5
ME12 4EL	Ketley Close	Eastchurch	£598,750	4
ME12 2LH	Wards Hill Road	Minster On Sea	£597,250	4
ME12 4ST	Coultrip Close	Eastchurch	£590,000	3
ME12 4JX	Hustlings Drive	Eastchurch	£583,076	13
ME12 2FJ	Glenview Close	Minster On Sea	£548,750	4
ME12 4DN	Kingsborough Drive	Eastchurch	£541,600	5
ME12 2NL	The Leas	Minster On Sea	£538,571	7
ME12 4TR	Court Tree Drive	Eastchurch	£538,333	9
ME12 2JN	Queenborough Drive	Minster On Sea	£510,625	4

Least Expensive Streets in Minster (Swale)

Postcode	Street	Area	Average	No. of Sales
ME12 3JT	The Old Bakery	Minster On Sea	£117,125	4
ME12 3FF	Hazel House	Nettle Way	£147,642	7
ME12 2FE	The Lilacs	Minster On Sea	£157,500	3
ME12 3TW	Laurel Road	Minster On Sea	£165,388	9
ME12 3TX	Thistle Hill Way	Minster On Sea	£171,200	15
ME12 3NT	Wain Court	Minster On Sea	£174,333	3
ME12 3LX	Leigh Court	Minster On Sea	£178,666	3
ME12 3NN	Miller Court	Minster On Sea	£182,499	6
ME12 2DH	Parklands Village	The Broadway	£182,500	7
ME12 2GA	Haywood Avenue	Minster On Sea	£183,916	6