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Swanley House Prices Swanley House Prices

The average house price in Swanley is £389,528 using HM Land Registry data.

The average property price increased by £83,844 (26.22%) over the last 5 years and increased by £16,757 (4.33%) over the last 12 months.

Over the last year, there were 157 residential property sales – a decrease of 27 transactions (-17.20%) relative to the previous year. The majority of house sales (41) were in the £358,000 - £412,000 range. Then came properties in the £412,000 - £466,000 range, where 33 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 55 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,498 (-1%).

In April 2024, there were 24 new estate agency instructions, 27 agreed home sales and 13 property price reductions.

Postcodes Covered: BR8

5-Year Average Property Prices in Swanley

26.22%

Property prices in Swanley increased by 26.22% 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 Swanley Over the Last Year

4.33%

Property prices in Swanley increased by 4.33% 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 Swanley - 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 Swanley

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 Swanley

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 Swanley

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 Swanley since 1995

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

Recent Property Sales in Swanley

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
33 Heathwood Gardens, Swanley, Kent, BR8 7HL£575,000£575,000£0012 Sep 202301 Mar 2024171 Days
21a, Goldsel Road, Swanley, Kent, BR8 8EY£240,000£102,562-£137,43827 Jun 202223 Feb 2024606 Days
44 Willow Avenue, Swanley, Kent, BR8 8AT£390,000£371,000-£19,00009 Aug 202322 Feb 2024197 Days
35 Willow Avenue, Swanley, Kent, BR8 8AT£489,950£480,000-£9,95024 Aug 202308 Feb 2024168 Days
58 Archer Way, Swanley, Kent, BR8 7XN£450,000£425,000-£25,00026 Oct 202202 Feb 2024464 Days
Flat 43, Kennett Court, Oakleigh Close, Swanley, Kent, BR8 7WP£170,000£167,000-£3,00021 Aug 202331 Jan 2024163 Days
119 Wisteria Gardens, Swanley, Kent, BR8 7TZ£350,000£330,000-£20,00005 Jun 202326 Jan 2024235 Days
26 Pinks Hill, Swanley, Kent, BR8 8AQ£500,000£476,700-£23,30006 Nov 202312 Dec 202336 Days
32 The Oaks, Swanley, Kent, BR8 7YQ£149,995£149,995£0011 Jul 202329 Nov 2023141 Days
18 Ruxton Close, Swanley, Kent, BR8 7DA£525,000£500,000-£25,00023 May 202324 Nov 2023185 Days
46 Oliver Road, Swanley, Kent, BR8 7EA£450,000£435,000-£15,00024 Jul 202320 Nov 2023119 Days
116 Pinks Hill, Swanley, Kent, BR8 8NW£425,000£425,000£0013 Mar 202316 Nov 2023248 Days
52 Cranleigh Drive, Swanley, Kent, BR8 8NX£525,000£522,500-£2,50018 May 202310 Nov 2023176 Days
310 Northview, Swanley, Kent, BR8 7TD£300,000£300,000£0019 Jun 202310 Nov 2023144 Days
29 Hart Dyke Crescent, Swanley, Kent, BR8 7EG£390,000£385,000-£5,00027 Apr 202310 Nov 2023197 Days
120 Archer Way, Swanley, Kent, BR8 7XP£389,995£375,000-£14,99519 Jun 202327 Oct 2023130 Days
13 Sheridan Close, Swanley, Kent, BR8 8BB£350,000£323,000-£27,00023 May 202327 Oct 2023157 Days
20 Crescent Gardens, Swanley, Kent, BR8 7HF£415,000£415,000£0004 Jul 202316 Oct 2023104 Days
1 Bramley Close, Swanley, Kent, BR8 8NT£590,000£585,000-£5,00027 Jul 202310 Oct 202375 Days
9 Dale Road, Swanley, Kent, BR8 7HP£425,000£415,000-£10,00011 Jul 202305 Oct 202386 Days

Most Expensive Streets in Swanley

PostcodeStreetAreaAverageNo. of Sales
BR8 7THPucknells CloseSwanley£706,3758
BR8 7WDSelah DriveSwanley£666,40010
BR8 8DPBeechenlea LaneSwanley£570,7504
BR8 7HGCedar CloseSwanley£545,0003
BR8 8HAGoldsel RoadSwanley£501,0003
BR8 8BNWest View RoadSwanley£491,6663
BR8 7HLHeathwood GardensSwanley£481,5618
BR8 7XRArcher WaySwanley£481,54511
BR8 8NNPinks HillSwanley£475,7147
BR8 7FBHawthorn ParkSwanley£472,29613

Least Expensive Streets in Swanley

PostcodeStreetAreaAverageNo. of Sales
BR8 7YEInglewoodSwanley£117,1427
BR8 7UDBerkeley CourtNightingale Way£178,0004
BR8 7JXOakwood CourtLawn Close£178,1663
BR8 7WPKennett CourtOakleigh Close£188,36630
BR8 7ABNightingale HouseLondon Road£194,9287
BR8 7FHChestnut HouseSquirrels Close£213,7504
BR8 8DUGoldsel RoadSwanley£232,3754
BR8 7FNLittleheathSt Marys Road£234,0005
BR8 7FJHazelnut HouseSquirrels Close£239,5006
BR8 8EYGoldsel RoadSwanley£241,5904

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