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Snodland House Prices Snodland House Prices

The average house price in Snodland is £327,083 using HM Land Registry data.

The average property price decreased by £20,094 (--6.24%) over the last 5 years and decreased by £4,016 (--1.31%) over the last 12 months.

Over the last year, there were 141 residential property sales – a decrease of 61 transactions (-43.26%) relative to the previous year. The majority of house sales (38) were in the £286,000 - £334,000 range. Then came properties in the £238,000 - £286,000 range, where 29 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 75 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,187 (-1%).

In April 2024, there were 22 new estate agency instructions, 22 agreed home sales and 11 property price reductions.

Postcodes Covered: ME6

5-Year Average Property Prices in Snodland

-6.24%

Property prices in Snodland decreased by -6.24% 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 Snodland Over the Last Year

-1.31%

Property prices in Snodland decreased by -1.31% 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 Snodland - 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some 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 Snodland

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 Snodland

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 Snodland

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 Snodland since 1995

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

Recent Property Sales in Snodland

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
19 Lewis Mews, Snodland, Kent, ME6 5LN£390,000£386,000-£4,00013 Sep 202308 Mar 2024177 Days
44 Willowside, Snodland, Kent, ME6 5QW£325,000£311,500-£13,50023 Nov 202323 Feb 202492 Days
186 Malling Road, Snodland, Kent, ME6 5EQ£500,000£485,000-£15,00025 May 202314 Dec 2023203 Days
40 Lucas Road, Snodland, Kent, ME6 5PY£270,000£255,000-£15,00011 Jul 202327 Nov 2023139 Days
48 Constitution Hill, Snodland, Kent, ME6 5DH£255,000£255,000£0020 Jul 202324 Nov 2023127 Days
14 Queens Road, Snodland, Kent, ME6 5BH£200,000£195,000-£5,00020 Jun 202309 Nov 2023142 Days
196 Malling Road, Snodland, Kent, ME6 5EQ£325,000£320,000-£5,00024 Mar 202327 Oct 2023217 Days
85 Willowside, Snodland, Kent, ME6 5QN£330,000£330,000£0010 May 202323 Oct 2023166 Days
38 Birling Road, Snodland, Kent, ME6 5DT£250,000£245,000-£5,00025 Apr 202320 Oct 2023178 Days
45 Lakeside, Snodland, Kent, ME6 5LD£325,000£317,000-£8,00012 Jun 202320 Oct 2023130 Days
119 Covey Hall Road, Snodland, Kent, ME6 5NX£375,000£367,500-£7,50006 Apr 202303 Oct 2023180 Days
26 Lucas Road, Snodland, Kent, ME6 5PY£315,000£315,000£0020 May 202302 Oct 2023135 Days
15 Dryland Road, Snodland, Kent, ME6 5HE£425,000£415,000-£10,00019 Jun 202329 Sep 2023102 Days
9 Cooper Road, Snodland, Kent, ME6 5JH£350,000£335,000-£15,00013 Mar 202313 Sep 2023184 Days
72 Manley Boulevard, Snodland, Kent, ME6 5SD£710,000£677,000-£33,00003 May 201708 Sep 20232319 Days
18a, Townsend Road, Snodland, Kent, ME6 5RH£249,999£239,999-£10,00024 May 202308 Sep 2023107 Days
31 Apple Close, Snodland, Kent, ME6 5JP£300,000£300,000£0028 Apr 202301 Sep 2023126 Days
37 Dryland Road, Snodland, Kent, ME6 5HE£325,000£310,000-£15,00013 Apr 202325 Aug 2023134 Days
18 Lambe Close, Snodland, Kent, ME6 5PE£260,000£255,000-£5,00009 Feb 202316 Aug 2023188 Days
9 Midsummer Road, Snodland, Kent, ME6 5RP£400,000£400,000£0027 Mar 202310 Aug 2023136 Days

Most Expensive Streets in Snodland

PostcodeStreetAreaAverageNo. of Sales
ME6 5FHElder Wood CloseSnodland£561,2504
ME6 5FSDeans CloseSnodland£533,1254
ME6 5EHSt Katherines LaneSnodland£438,7504
ME6 5FUMatthews CloseSnodland£423,03521
ME6 5GZWilliams PlaceSnodland£409,88611
ME6 5SUMaccowan AvenueSnodland£406,6663
ME6 5SSJefferys LaneSnodland£405,5717
ME6 5FWBallard RoadSnodland£404,4005
ME6 5GNAmisse DriveSnodland£395,69736
ME6 5EQMalling RoadSnodland£393,0005

Least Expensive Streets in Snodland

PostcodeStreetAreaAverageNo. of Sales
ME6 5GFEdwards CloseSnodland£121,2504
ME6 5AWBullfieldsSnodland£163,1254
ME6 5QSWarnett CourtSnodland£181,9005
ME6 5ALHigh StreetSnodland£201,0836
ME6 5ANHigh StreetSnodland£210,4005
ME6 5PSBingley CloseSnodland£214,40010
ME6 5PBHolborough RoadSnodland£221,04112
ME6 5AFHigh StreetSnodland£222,3333
ME6 5NQRocfort RoadSnodland£223,3333
ME6 5GBManley BoulevardSnodland£225,3336

Explore Snodland and Neighbouring Area House Prices

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