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Westerham House Prices Westerham House Prices

The average house price in Westerham is £620,833 using HM Land Registry data.

The average property price increased by £73,481 (14.36%) over the last 5 years and increased by £14,686 (2.57%) over the last 12 months.

Over the last year, there were 28 residential property sales – a decrease of 24 transactions (-85.71%) relative to the previous year. The majority of house sales (11) were in the £290,000 - £442,000 range. Then came properties in the £442,000 - £594,000 range, where 7 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 62 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-19,698 (-3%).

In April 2024, there were 5 new estate agency instructions, 5 agreed home sales and 7 property price reductions.

Postcodes Covered: TN16

5-Year Average Property Prices in Westerham

14.36%

Property prices in Westerham increased by 14.36% 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 Westerham Over the Last Year

2.57%

Property prices in Westerham increased by 2.57% 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 Westerham - 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 Westerham

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 Westerham

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 Westerham

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 Westerham since 1995

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

Recent Property Sales in Westerham

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
69 Madan Road, Westerham, Kent, TN16 1DX£575,000£552,500-£22,50010 Nov 202323 Feb 2024105 Days
32 London Road, Westerham, Kent, TN16 1BD£835,000£815,000-£20,00011 Apr 202327 Nov 2023230 Days
22 Black Eagle Close, Westerham, Kent, TN16 1TF£399,995£389,000-£10,99506 Jan 202305 Sep 2023242 Days
15 Sandy Lane, Westerham, Kent, TN16 1EB£440,000£432,500-£7,50019 Jun 202301 Sep 202374 Days
Windy Ridge, Hosey Hill, Westerham, Kent, TN16 1TB£1,100,000£985,000-£115,00021 Feb 202303 Aug 2023163 Days
2 Quebec Square, Westerham, Kent, TN16 1TD£279,500£275,000-£4,50026 Oct 202231 Jul 2023278 Days
3 Stratton Terrace, Westerham, Kent, TN16 1RL£485,000£485,000£0004 Jan 202314 Jul 2023191 Days
2 Darenth Gardens, Westerham, Kent, TN16 1DD£420,000£402,000-£18,00015 Feb 202330 Jun 2023135 Days
2 Westbury Terrace, Westerham, Kent, TN16 1RP£750,000£730,000-£20,00023 Aug 202229 Jun 2023310 Days
77 High Street, Westerham, Kent, TN16 1RE£450,000£440,000-£10,00026 Feb 202315 Jun 2023109 Days
21 Market Way, Westerham, Kent, TN16 1BP£310,000£300,000-£10,00022 Dec 202202 Jun 2023162 Days
3 Railway Terrace, Westerham, Kent, TN16 1BY£415,000£415,000£0010 Mar 202326 May 202377 Days
Briar Close, Hosey Hill, Westerham, Kent, TN16 1TA£2,000,000£1,777,000-£223,00028 Nov 202211 May 2023164 Days
Park View Cottage, High Street, Westerham, Kent, TN16 1RQ£925,000£890,000-£35,00017 Jan 202328 Apr 2023101 Days
1 Westways, Westerham, Kent, TN16 1TT£499,950£480,000-£19,95008 Nov 202212 Apr 2023155 Days
10 New Street, Westerham, Kent, TN16 1RN£475,000£450,000-£25,00004 Nov 202227 Jan 202384 Days
11 Market Way, Westerham, Kent, TN16 1BP£390,000£375,000-£15,00010 Jun 202231 Oct 2022143 Days
86 Madan Road, Westerham, Kent, TN16 1EA£425,000£425,000£0023 Jun 202228 Oct 2022127 Days
3 Quebec Avenue, Westerham, Kent, TN16 1BJ£475,000£475,000£0019 Apr 202227 Oct 2022191 Days
2 Farley Croft, Westerham, Kent, TN16 1SA£735,000£725,000-£10,00031 May 202230 Sep 2022122 Days

Most Expensive Streets in Westerham

PostcodeStreetAreaAverageNo. of Sales
TN16 1TAHosey HillWesterham£1,319,0003
TN16 2DHLondon RoadWesterham£1,218,3333
TN16 1BFYew Tree MewsWesterham£855,0003
TN16 1RQHigh StreetWesterham£846,6663
TN16 1SDTrotts LaneWesterham£827,5006
TN16 1SBMarwellWesterham£813,0004
TN16 1FBCanville RiseWesterham£748,7504
TN16 1RYCroft RoadWesterham£736,78118
TN16 1TBHosey HillWesterham£695,3577
TN16 1ASThe GreenWesterham£691,1254

Least Expensive Streets in Westerham

PostcodeStreetAreaAverageNo. of Sales
TN16 1BQAtterbury CloseWesterham£208,7504
TN16 1EUMarlborough CourtCroydon Road£263,3754
TN16 1TDQuebec SquareWesterham£274,1663
TN16 1SWSquerryes MedeWesterham£297,9378
TN16 1TJWolfe CottagesWesterham£305,8333
TN16 1BTBloomfield ApartmentsHortons Way£322,6663
TN16 1BPMarket WayWesterham£333,1254
TN16 1EJAsh RoadWesterham£339,1005
TN16 1FJIcon HouseSquerryes Mede£342,1754
TN16 1BSHollingworth WayWesterham£346,4086

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