House prices in BR7 5 (Chislehurst)

This article reveals price per square foot data and various charts to help you understand current housing market in 'BR7 5' (Chislehurst) - statistics were last calculated on 30 August 2024.


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 to change 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 foot

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

£ per sqft = price ÷ internal area
E.g. Flat 36 Shepheards House, Manor Park Road, Chislehurst, sold for £460,000 on Jul-2024. Given the internal area of 602 square feet, the price per sqft is £763.

England & Wales have been officially metric for many decades. Convert this site to square meters.

The chart below is called a histogram, it helps you see the distribution of this house price per sqft data. To make this chart we put the sales data into a series of £ per sqft 'buckets' (e.g. £520-£557, £557-£594, £594-£631 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 172 sales in Chislehurst (BR7 5) that took place in the last two years.

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

Generate a custom chart like the one above but based on your own criteria.

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 172 transactions, half were sold for between £497 and £648 per square foot. The median, or 'middle', price per square foot in 'BR7 5' is £575. Notably, only 25% of properties that sold recently were valued at more than £648 sqft. 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.

Property price heatmap for Chislehurst
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 5 Chislehurst £497 sqft £575 sqft £648 sqft
BR7 6 New Eltham £485 sqft £560 sqft £641 sqft

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 foot in Chislehurst,Chislehurst
House price trends for Chislehurst

Download time series data as CSV (paying users only).

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 £sqft Recent sales
Waratah Drive, Chislehurst, BR7 5F 914 sqft £525 32
Lubbock Road, Chislehurst, BR7 5J 0 sqft £545 26
Elmstead Lane, Chislehurst, BR7 5E 0 sqft £539 20
Willow Grove, Chislehurst, BR7 5B 764 sqft £552 16
Manor Park Road, Chislehurst, BR7 5F 828 sqft £648 16
Forest Close, Chislehurst, BR7 5Q 624 sqft £334 15
Lower Camden, Chislehurst, BR7 5J 0 sqft £553 15
Susan Wood, Chislehurst, BR7 5N 0 sqft £470 13

Search for your street here.

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.

Address Paid sqft £/sqft
Flat 36 Shepheards House, Manor Park Rd, Chislehurst £460,000
Jul-2024
602 763
Flat 47 Green Bank Lodge, Forest Close, Chislehurst £82,500
Jul-2024
516 159
8, Greatwood, Chislehurst £832,000
Jul-2024
1,453 572

See the entire list of all sales in Chislehurst (BR7 5) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.