House prices in BR7 5 (Chislehurst)

Defining 'BR7 5'

This analysis is limited to properties whose postcode starts with "BR7 5", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Chislehurst.

You can click on the map labels to change to a neighbouring sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

Price per square metre

Knowing the average house price in Chislehurst is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area
E.g. Flat 35 Hatton Court, 35 - 49, Lubbock Road, Chislehurst, sold for £343,500 on Mar-2024. Given the internal area of 72 square metres, the price per sqm is £4,770.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £5,600-£6,000, £6,000-£6,400, £6,400-£6,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 202 sales in Chislehurst (BR7 5) that took place in the last two years.

Distribution of £ per sqm for Chislehurst
Distribution of £ per sqm house prices in Chislehurst

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Chislehurst (BR7 5). Of the 202 transactions, half were sold for between £5,480 and £7,010 per square metre. The median, or 'middle', price per square metre in 'BR7 5' is £6,330. Notably, only 25% of properties that sold recently were valued at more than £7,010 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Chislehurst

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Chislehurst. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

House price heatmap for Chislehurst

Comparison with neighbouring postcode sectors

The table below shows how 'BR7 5' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BR7 6 New Eltham £5,220 sqm £6,050 sqm £6,920 sqm
BR7 5 Chislehurst £5,480 sqm £6,330 sqm £7,010 sqm

Will Chislehurst house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for BR7 5 (Chislehurst) compared with both the wider area BR7 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Historic price per square metre in Chislehurst,Chislehurst
House price trends for Chislehurst

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Most recent BR7 5 sales
Recent trends for Chislehurst

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Chislehurst to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Chislehurst and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

Street level data

Street Avg size Avg £sqm Recent sales
Waratah Drive, Chislehurst, BR7 5F 84 sqm £5,598 31
Lubbock Road, Chislehurst, BR7 5J 107 sqm £5,868 28
Elmstead Lane, Chislehurst, BR7 5E 121 sqm £5,785 25
Willow Grove, Chislehurst, BR7 5B 70 sqm £5,896 17
Camden Park Road, Chislehurst, BR7 5H 214 sqm £7,332 16
Lower Camden, Chislehurst, BR7 5J 100 sqm £5,630 16
Manor Park Road, Chislehurst, BR7 5F 79 sqm £6,807 15
Susan Wood, Chislehurst, BR7 5N 94 sqm £5,010 15

Raw data

Our analysis of Chislehurst is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.