Feb 07, 2023 by HM

House prices in Walmer (CT14 7)

This article reveals price per square metre data and various charts to help you understand current housing market in Walmer (CT14 7).

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Price per square metre

Knowing the average house price in Walmer 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 9 Mountbatten House, Halliday Drive, Walmer, Deal, sold for £279,000 on Sep-2023. Given the internal area of 77 square metres, the price per sqm is £3,623.

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. £3,700-£4,000, £4,000-£4,300, £4,300-£4,600 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 228 sales in Walmer (CT14 7) 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 Walmer (CT14 7). Of the 228 transactions, half were sold for between £3,620 and £4,790 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,790m². 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 'CT14 7' is £4,150. The table below shows how 'CT14 7' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CT14 0 Sholden	£3,550m2	£4,120m2	£4,870m2
CT14 7 Walmer	£3,620m2	£4,150m2	£4,790m2
CT14 8 Kingsdown	£4,000m2	£4,960m2	£5,770m2
CT14 6 Deal	£3,740m2	£4,410m2	£5,310m2
CT14 9 Deal	£3,130m2	£3,680m2	£4,160m2

Will Walmer 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 CT14 7 (Walmer). 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 CT14 7 and the blue dots are the individual property sales that inform this trend.

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

Price map for Walmer

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 Walmer. 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 Walmer

Street level data

Street	Avg size	Avg £/m2	Recent sales
Lord Warden Avenue, Walmer, CT14 7J	59m2	£4,036	26
Dover Road, Walmer, CT14 7N	113m2	£3,614	24
Gladstone Road, Walmer, CT14 7E	87m2	£3,316	23
Downs Road, Walmer, CT14 7T	85m2	£3,448	20
York Road, Walmer, CT14 7E	66m2	£4,856	16
Trafalgar Drive, Walmer, CT14 7F	109m2	£3,227	16
Wellington Road, Walmer, CT14 7A	95m2	£3,596	14
The Beach, Walmer, CT14 7H	114m2	£3,828	13

Search for your street here.

Raw data

Our analysis of Walmer 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
Flat 9 Mountbatten House, Halliday Drive, Walmer, Deal	£279,000 Sep-2023	77	3,623
Flat 3 3, Prince Of Wales Terrace, Walmer, Deal	£245,000 Sep-2023	82	2,987
12, Curzon Close, Walmer, Deal	£265,000 Sep-2023	90	2,944

See the entire list of all sales in Walmer (CT14 7) here.