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West Malling House Prices West Malling House Prices

The average house price in West Malling is £647,500 using HM Land Registry data.

The average property price increased by £139,797 (31.3%) over the last 5 years and increased by £27,940 (5%) over the last 12 months.

Over the last year, there were 36 residential property sales – a decrease of 49 transactions (-136.11%) relative to the previous year. The majority of house sales (12) were in the £398,000 - £506,000 range. Then came properties in the £290,000 - £398,000 range, where 6 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 79 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-17,394 (-2%).

In April 2024, there were 12 new estate agency instructions, 9 agreed home sales and 6 property price reductions.

Neighbouring Areas: Kings Hill

Postcodes Covered: ME19

5-Year Average Property Prices in West Malling

31.3%

Property prices in West Malling increased by 31.3% 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 West Malling Over the Last Year

5%

Property prices in West Malling increased by 5% 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 West Malling - 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 West Malling

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 West Malling

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 West Malling

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 West Malling since 1995

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

Recent Property Sales in West Malling

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
7 Offham Road, West Malling, Kent, ME19 6RB£425,000£423,000-£2,00023 Sep 202327 Mar 2024186 Days
39 Norman Road, West Malling, Kent, ME19 6RL£485,000£485,000£0011 Sep 202304 Dec 202384 Days
30 King Street, West Malling, Kent, ME19 6QT£875,000£810,000-£65,00017 Oct 202301 Dec 202345 Days
21 Sandown Road, West Malling, Kent, ME19 6NU£525,000£525,000£0020 Jun 202330 Nov 2023163 Days
21 Nevill Court, West Malling, Kent, ME19 6HZ£375,000£375,000£0021 Jun 202330 Nov 2023162 Days
22 Fartherwell Avenue, West Malling, Kent, ME19 6NQ£550,000£465,000-£85,00001 Apr 202306 Oct 2023188 Days
34 Offham Road, West Malling, Kent, ME19 6RA£450,000£420,000-£30,00021 Apr 202302 Oct 2023164 Days
27 Alma Road, West Malling, Kent, ME19 6RP£300,000£292,500-£7,50012 May 202306 Sep 2023117 Days
95 Offham Road, West Malling, Kent, ME19 6RD£875,000£830,000-£45,00015 Feb 202330 Aug 2023196 Days
14 Water Lane, West Malling, Kent, ME19 6HH£725,000£695,000-£30,00017 Mar 202311 Aug 2023147 Days
24 Police Station Road, West Malling, Kent, ME19 6LL£250,000£200,000-£50,00011 May 202324 Jul 202374 Days
231 London Road, West Malling, Kent, ME19 5AD£799,995£780,000-£19,99521 Mar 202320 Jun 202391 Days
13 Old Parsonage Court, West Malling, Kent, ME19 6NZ£525,000£510,000-£15,00015 Dec 202202 Jun 2023169 Days
40 Brickfields, West Malling, Kent, ME19 5AG£425,000£405,000-£20,00013 Sep 202231 Mar 2023199 Days
9 Woodland Close, West Malling, Kent, ME19 6RR£375,000£375,000£0023 Nov 202214 Mar 2023111 Days
123 Norman Road, West Malling, Kent, ME19 6RW£575,000£575,000£0018 Jul 202204 Jan 2023170 Days
4 Nevill Court, West Malling, Kent, ME19 6HZ£370,000£360,000-£10,00016 Aug 202220 Dec 2022126 Days
2 Epsom Close, West Malling, Kent, ME19 6NX£600,000£560,000-£40,00030 Jun 202216 Dec 2022169 Days
57 Ewell Avenue, West Malling, Kent, ME19 6NW£500,000£500,000£0001 Jun 202212 Dec 2022194 Days
147 Norman Road, West Malling, Kent, ME19 6RW£400,000£375,750-£24,25005 Apr 202206 Dec 2022245 Days

Most Expensive Streets in West Malling

PostcodeStreetAreaAverageNo. of Sales
ME19 6PQTeston RoadWest Malling£1,300,0003
ME19 6PESt Leonards StreetWest Malling£1,096,2504
ME19 6QNTown HillWest Malling£891,6065
ME19 6QHHigh StreetWest Malling£766,7433
ME19 6QTKing StreetWest Malling£663,2005
ME19 4XNEpic RoadWest Malling£659,3758
ME19 6QLTown HillWest Malling£653,3163
ME19 6HHWater LaneWest Malling£648,3333
ME19 5FPYates GardensWest Malling£606,2504
ME19 4XLFuggle RoadWest Malling£569,78111

Least Expensive Streets in West Malling

PostcodeStreetAreaAverageNo. of Sales
ME19 6TSMeadowbank CourtMeadow Bank£219,3754
ME19 5GDMalpass DriveLeybourne£264,5836
ME19 6QPRyarsh LaneWest Malling£279,58312
ME19 6HZNevill CourtWest Malling£316,66615
ME19 6LLPolice Station RoadWest Malling£335,27211
ME19 6PYAbbey Brewery CourtWest Malling£338,0004
ME19 5FSOrpin AvenueLeybourne£346,9005
ME19 5HUGrange CloseLeybourne£348,0003
ME19 6RRWoodland CloseWest Malling£348,0005
ME19 6RPAlma RoadWest Malling£361,4995

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