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Otford and Kemsing House Prices Otford and Kemsing House Prices

The average house price in Otford and Kemsing is £759,000 using HM Land Registry data.

The average property price increased by £167,970 (27.32%) over the last 5 years and increased by £33,570 (4.48%) over the last 12 months.

Over the last year, there were 58 residential property sales – a decrease of 34 transactions (-58.62%) relative to the previous year. The majority of house sales (20) were in the £360,000 - £534,000 range. Then came properties in the £534,000 - £708,000 range, where 11 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 16 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-25,344 (-2%).

In April 2024, there were 20 new estate agency instructions, 8 agreed home sales and 4 property price reductions.

Postcodes Covered: TN14, TN15

5-Year Average Property Prices in Otford and Kemsing

27.32%

Property prices in Otford and Kemsing increased by 27.32% 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 Otford and Kemsing Over the Last Year

4.48%

Property prices in Otford and Kemsing increased by 4.48% 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 Otford and Kemsing - 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).

0 to 20 days is an encouraging sign and shows that homes, on average, are selling within 3 weeks of going to market. As long as the property is priced realistically, there's a good chance of getting an offer within this timeframe. There may even be evidence of homes selling for over the asking price. However, please be mindful of the fact that your local housing market could be at risk of overheating.

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 Otford and Kemsing

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 Otford and Kemsing

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 Otford and Kemsing

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 Otford and Kemsing since 1995

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

Recent Property Sales in Otford and Kemsing

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
38 Tudor Drive, Otford, Sevenoaks, Kent, TN14 5QP£850,000£850,000£0011 Oct 202330 Jan 2024111 Days
29 The Charne, Otford, Sevenoaks, Kent, TN14 5LR£575,000£570,000-£5,00026 Jul 202308 Dec 2023135 Days
8 Park Lane, Kemsing, Sevenoaks, Kent, TN15 6NU£400,000£368,000-£32,00004 Oct 202308 Dec 202365 Days
21 Pilgrims Way West, Otford, Sevenoaks, Kent, TN14 5JQ£675,000£645,000-£30,00007 Oct 202201 Dec 2023420 Days
70 Evelyn Road, Otford, Sevenoaks, Kent, TN14 5PU£1,050,000£980,000-£70,00022 Jun 202301 Dec 2023162 Days
15 Castle Drive, Kemsing, Sevenoaks, Kent, TN15 6RL£535,000£520,000-£15,00024 Jul 202301 Dec 2023130 Days
26 Copperfields, Kemsing, Sevenoaks, Kent, TN15 6QG£750,000£718,000-£32,00021 Jan 202327 Nov 2023310 Days
75 Castle Drive, Kemsing, Sevenoaks, Kent, TN15 6RP£450,000£450,000£0024 Jul 202323 Nov 2023122 Days
9 Edgar Road, Kemsing, Sevenoaks, Kent, TN15 6RT£480,000£465,000-£15,00009 Nov 202317 Nov 20238 Days
Albany, The Chase, Kemsing, Sevenoaks, Kent, TN15 6TP£999,950£990,000-£9,95030 May 202302 Nov 2023156 Days
98 Park Lane, Kemsing, Sevenoaks, Kent, TN15 6NX£425,000£420,000-£5,00024 Jan 202328 Sep 2023247 Days
16 Park Lane, Kemsing, Sevenoaks, Kent, TN15 6NU£650,000£645,000-£5,00003 Mar 202328 Sep 2023209 Days
3 Wulfred Way, Kemsing, Sevenoaks, Kent, TN15 6PR£425,000£410,000-£15,00013 Apr 202304 Sep 2023144 Days
Thaxted, St Michaels Drive, Otford, Sevenoaks, Kent, TN14 5SA£1,750,000£1,750,000£0008 Nov 202211 Aug 2023276 Days
37 Warham Road, Otford, Sevenoaks, Kent, TN14 5PF£695,000£695,000£0010 Jan 202301 Aug 2023203 Days
48 Dynes Road, Kemsing, Sevenoaks, Kent, TN15 6RB£425,000£405,000-£20,00002 Feb 202327 Jul 2023175 Days
2 Fairfield Close, Kemsing, Sevenoaks, Kent, TN15 6QZ£355,000£355,000£0019 Apr 202321 Jul 202393 Days
4 Whitebeam Close, Kemsing, Sevenoaks, Kent, TN15 6DZ£1,350,000£1,280,000-£70,00010 Jan 202318 Jul 2023189 Days
76 Oxenhill Road, Kemsing, Sevenoaks, Kent, TN15 6RQ£495,000£490,000-£5,00013 Mar 202330 Jun 2023109 Days
37 Fairfield Close, Kemsing, Sevenoaks, Kent, TN15 6QZ£375,000£367,500-£7,50016 Jan 202327 Jun 2023162 Days

Most Expensive Streets in Otford and Kemsing

PostcodeStreetAreaAverageNo. of Sales
TN14 5RUHillydeal RoadOtford£1,867,5004
TN14 5RJCoombe RoadOtford£1,585,0003
TN14 5SASt Michaels DriveOtford£1,400,0003
TN15 6DZWhitebeam CloseKemsing£1,257,9626
TN14 5RLShoreham RoadOtford£1,253,5003
TN15 6TDPilgrims WayKemsing£1,232,5413
TN14 5PNBubblestone RoadOtford£1,076,6666
TN14 5QJBeechy Lees RoadOtford£966,1374
TN15 6TEPilgrims WayKemsing£956,2504
TN15 6TPThe ChaseKemsing£931,5004

Least Expensive Streets in Otford and Kemsing

PostcodeStreetAreaAverageNo. of Sales
TN15 6QZFairfield CloseKemsing£287,2506
TN15 6STTheobalds CloseKemsing£319,8754
TN15 6SFNorman CloseKemsing£341,0004
TN15 6SAMontfort RoadKemsing£343,3333
TN15 6RGOxenhill RoadKemsing£362,1666
TN14 5PJPickmoss LaneOtford£388,7504
TN15 6RQOxenhill RoadKemsing£391,58312
TN14 5NLHale LaneOtford£402,6663
TN14 5JXTelston LaneOtford£420,4005
TN15 6RLCastle DriveKemsing£420,8754

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