Feb 07, 2023 by HM

House prices in Chislehurst (BR7 6)

This article reveals price per square metre data and various charts to help you understand current housing market in Chislehurst (BR7 6).


Defining 'BR7 6'

This analysis is limited to properties whose postcode starts with "BR7 6", this is also called the postcode sector. It is shown in red on the map above. You can click on the map labels to change to a neighbouring sector.

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. 96, Woodside Avenue, Chislehurst, sold for £605,000 on Feb-2024. Given the internal area of 81 square metres, the price per sqm is £7,469.

England & Wales have been officially metric for many decades. However house price per square foot is sometimes prefered by those of sufficiently advanced age. ;-) They may want to convert metres 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. £6,700-£7,000, £7,000-£7,300, £7,300-£7,600 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 240 sales in Chislehurst (BR7 6) that took place in the last two years.

Distribution of £ per sqm for Chislehurst (BR7 6)
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 6). Of the 240 transactions, half were sold for between £5,220 and £6,910 per square metre. The median, or 'middle', price per square metre in 'BR7 6' is £6,040. Notably, only 25% of properties that sold recently were valued at more than £6,910m2. 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 6' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
BR7 6 Chislehurst £5,220m2 £6,040m2 £6,910m2
BR7 5 Chislehurst £5,570m2 £6,390m2 £7,040m2

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 scatter plot below for BR7 6 (Chislehurst). From this one could infer a range of reasonable possible future price falls or rises. In the chart below, the red dashed line is the house price trend for BR7 6 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Chislehurst (BR7 6) over time
House price trends for Chislehurst

Hover on any blue dot to see details of specific sales

Disclaimer: 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. Furthermore, I cannot guarantee the accuracy of any data shown. This information is based on sold prices and internal area data provided by Land Registry and other third parties - I do not verify the accuracy of the Chislehurst data or any other data I am given.

Street level data

Street Avg size Avg £/m2 Recent sales
White Horse Hill, Chislehurst, BR7 6D 93m2 £5,612 26
Kemnal Road, Chislehurst, BR7 6N 100m2 £4,889 20
Kemnal Road, Chislehurst, BR7 6L 134m2 £5,584 20
Imperial Way, Chislehurst, BR7 6J 85m2 £4,766 19
Green Lane, Chislehurst, BR7 6A 98m2 £5,458 19
Belmont Lane, Chislehurst, BR7 6B 88m2 £5,764 16
Slades Drive, Chislehurst, BR7 6J 82m2 £4,929 16
Albany Road, Chislehurst, BR7 6B 85m2 £6,601 15

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 m2 £/m2
96, Woodside Avenue, Chislehurst £605,000
Feb-2024
81 7,469
6, Edgebury, Chislehurst £570,000
Feb-2024
93 6,129
5 Mulbarton Court, Kemnal Rd, Chislehurst £467,500
Jan-2024
98 4,770

See the entire list of all sales in Chislehurst (BR7 6) here.

About

HouseMetric is a hobby, created out of a desire to see data and analysis not present on any free to use website. It is still a work in progress and I'll add more stuff in the near future.