Feb 07, 2023 by HM

House prices in Sandwich (CT13 9)

This article reveals price per square metre data and various charts to help you understand current housing market in Sandwich (CT13 9).

---

Price per square metre

Knowing the average house price in Sandwich 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. 25, New Street, Sandwich, sold for £362,500 on Sep-2023. Given the internal area of 77 square metres, the price per sqm is £4,707.

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. £3,800-£4,000, £4,000-£4,200, £4,200-£4,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 105 sales in Sandwich (CT13 9) that took place in the last two years.

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.

That said, the spread of prices will give you a feel of the typical range to expect in Sandwich (CT13 9). Of the 105 transactions, half were sold for between £3,540 and £4,690 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,690m². For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

For the average, we calculate the 'median' or middle price. The median price per square metre in 'CT13 9' is £4,020. The table below shows how 'CT13 9' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CT13 9 Sandwich	£3,540m2	£4,020m2	£4,690m2
CT13 0 Eastry	£3,320m2	£3,650m2	£4,160m2

Will Sandwich 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 CT13 9 (Sandwich). 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 CT13 9 and the blue dots are the individual property sales that inform this trend.

Disclaimer: The data provided throughout this website about Sandwich 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 Sandwich data or any other data I am given.

Price map for Sandwich

I've just finished coding the map I link to below. I find it useful and I am sure it will help you in exploring Sandwich. 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. I will explain more about the methodology and create a key next week.

House price heatmap for Sandwich

Street level data

Street	Avg size	Avg £/m2	Recent sales
St Georges Road, Sandwich, CT13 9L	119m2	£4,347	15
Strand Street, Sandwich, CT13 9D	112m2	£3,479	13
Whitefriars Meadow, Sandwich, CT13 9A	89m2	£3,597	12
New Street, Sandwich, CT13 9B	123m2	£3,420	10
Willowbank, Sandwich, CT13 9Q	122m2	£3,423	9
Stour Court, Sandwich, CT13 9F	60m2	£4,674	8
High Street, Sandwich, CT13 9E	124m2	£4,228	8
Sandown Lees, Sandwich, CT13 9N	85m2	£3,554	8

Search for your street here.

Raw data

Our analysis of Sandwich 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
25, New St, Sandwich	£362,500 Sep-2023	77	4,707
Chantry House, 28, High St, Sandwich	£735,000 Aug-2023	195	3,769
29, Church St, Sandwich	£415,000 Jul-2023	90	4,611

See the entire list of all sales in Sandwich (CT13 9) here.